Bata Q4 FY26: Revenue grows 5.1% as inventory discipline and digital scale improve cash generation

Revenue from operations was INR 8,276 million in Q4 FY26, up 5.1% YoY.

eCommerce (marketplaces plus Bata.com) grew 26% YoY, while Bata.com grew 81% YoY.

The presentation cites about 2,000 stores in total and franchise doors of 722 as of Mar 2026.

Inventory reduced to INR 6,601 million, stock turns improved to 2.43, and full-price sales increased to 86.8%.

Gross margin was INR 4,670 million with a reported decline of 242 bps YoY.

Yes. The presentation notes an exceptional VRS impact cost of INR 281 million in Q4 FY26.

The company reported coverage of 1,660 towns through 15,000+ MBOs and 300 distributors, with KRO count increasing to 2,674 by Mar 2026.