Bata beats Q4 revenue but margins slip; brokerages trim FY27-28 estimates on share loss

Bata India posted 5% Q4FY26 revenue growth and 2.8% volume gains, but gross margin contracted 240 bps to 56.4% and operating margin fell 130 bps to 20.9%. ZBM stores now span 550 outlets contributing 70%+ of revenue, while sub-₹1,000 segment holds 35-40%. Stock down 46% YoY as analysts cite persistent market-share pressures.

— Filed Thu, 4 Jun, 2026, 20:10 IST · Source Business Standard · Companies · Updated

Bata India beat Q4FY26 revenue estimates with 5% growth and 2.8% volume gains, but margins contracted 130 bps. Brokerages cut FY27-28 estimates citing market-share pressures. ZBM strategy scaled to 550 stores delivering 70%+ of revenue.

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