BAAZAR STYLE RETAIL LTD’s FINANCIAL & BUSINESS ANALYSIS REPORT

1. Introduction (about Baazar Style Retail Ltd.)
- Brief Introduction of the company
Baazar Retail Style Ltd. is an Indian Company which operates as a Value Fashion Retail Company. Products offered by the company include affordable apparel and lifestyle products.
- Industry overview
Indian Retail Industry is a growing sector, this is mainly due to rapid urbanization, rising disposable income of households. Affordable clothing that is ”The value fashion segment” is witnessing strong demand especially in smaller cities.
- Purpose of the Analysis
The main aim of this analysis is to evaluate the strength, weakness, risk factors related to Bazaar Style Retail Ltd. Also, the aim is to perform financial analysis of Bazaar Style Retail Ltd.
2. Company Overview of Baazar Style Retail Ltd. -
- Background and History-
Bazaar Style Retail Ltd. was founded in the year 2013. The main regions where Bazaar Style Retail Ltd. operates are eastern India and northern India. The company which operates in these regions is by way of retail stores.
- Business Model of Baazar Style Retail Ltd.-
Bazaar Style Retail Ltd. follows a value retail model in order to run its business.
- Key Products / Services
- Men’s, Women’s, Kids Apparels
- Footwear
- Accessories & general merchandise
- Market Position
Bazaar Style Retail Ltd. is positioned as a strong regional value retailer.
3. Promoter /Founder Introduction-
Name of Promoter / Founders
Pradeep Kumar Agarwal
Rohit Khetan
Professional Background
Pradeep Kumar Agarwal – Entrepreneur with extensive experience in the retail and textile industry.
Rohit Khetan – Experience in business management and operations within the retail sector.
Role in company growth & Strategic Decisions
Pradeep Kumar Agarwal – Focused on overall strategic planning, expansion of store network and long term business development
Rohit Khetan – Key in operational excellence, SCM and scaling the brand across regional markets.
4. Financial Statement Analysis=
- Income Statement evaluation -
Particulars | Revenue (in Crore) | Net Profit (in Crore) |
FY 2023 | 788 | 5 |
FY 2024 | 973 | 22 |
FY 2025 | 1344 | 15 |
Key Observations-
There is growth of 38.13 % in revenue in the current Financial Year as compared to previous Financial Year. Whereas profit has shown a downfall of 31.82 % in current Financial Year as compared to Previous Year.
Revenue Trend-

- Balance Sheet Analysis of the company-
The B/S of Bazaar Style Retail Ltd. is very strong because of additions of stores and inventory growth. Over the period equity has strengthened because of improvement in retained earnings of the company.
- Cash Flow Analysis (of FY 2025).
Cash Flow From Operating Activities = Increased due to strong sales growth.
Cash Flow From Investing Activities = Remained negative because money was used by the company for store expansion.
Cash Flow From Financing Activities = Remained positive, as the company raised money by way of issue of shares.
- Key Financial Ratios (FY 2025)
Profitability Ratio - Net Profit Margin
Net Profit Margin of the company is 1.12 %, which is slightly lower as compared to that of previous year.
Liquidity Ratio – Current Ratio
The current Ratio of the company is 1.04, which is below the standard of 2:1, which shows that the company needs to improve its current assets.
Leverage Ratio – Debt to Equity Ratio
D/E Ratio of Bazaar Style Retail Ltd. remained around 0.8, which is good, which means that debt and equity levels of the company are almost equal.
Efficiency Ratio – Inventory Turnover ratio
Inventory Turnover ratio of the Bazaar Style Retail Ltd. is 3.5 times.
- Year-O-Year Comparison
Year | Revenue | Net Profit | Net Profit Margin |
FY2023 | 788 | 5 | 0.63 % |
FY2024 | 973 | 22 | 2.26 % |
FY2025 | 1344 | 15 | 1.12 % |
5. Key Insights & Interpretation =
Strengths of Bazaar Style Retail Ltd -
The key strength of Bazaar Style Retail Ltd. is its presence in remote cities. Another strength is its pricing strategy because of which company is able to attract price sensitive customers and able to keep the demand steady.
Weaknesses of Bazaar Style Retail Ltd -
The main weakness of the company is its very low profit margin. Another weakness of the company is limited brand differentiation as compared to that of larger organized players.
Risk Factors of Bazaar Style Retail Ltd -
Risk factors of Bazaar Style Retail Ltd. include intense competition, fluctuations in consumer demand, rising input and logistic costs etc.
Future Outlook of Bazaar Style Retail Ltd. –
Due to increasing demand for affordable fashion in smaller cities the future outlook of Bazaar Style Retail Ltd. remains positive. If the company works towards margin improvement and strengthening of brand positioning, Bazaar Style Retail Ltd. can emerge as a strong national value retail player.
6. Conclusion =
- Final Evaluation of Financial Health
The financials of Bazaar Style Retail Ltd. shows a strong revenue growth, improving profitability and a stable financial structure. While margins of the company are moderate, the company has good operational efficiency and expansion capability
- Investment or Performance Perspective
From an Investment or Performance perspective, a company is considered to be a good investment for growth oriented investors who are willing to accept a moderate level of risk, but at the same time investors should also focus on concerning areas such as margin and competition.
Data Sources
https://www.screener.in/company/STYLEBAAZA/