Baazar Style Retail (Style Baazar)
Baazar Style Retail (Style Baazar) is still adding stores, reaching 286 on 12 Oct 2026 (Indian Retailer, 12 Oct), but Q2 FY27 revenue fell 10% to ₹478.1 crore (ET Retail, 7 Oct). Promoters voted against Rohit Kedia's reappointment at the September AGM (Moneycontrol, 5 Oct).
What it means
Baazar Style Retail (Style Baazar)'s growth depends on opening, not on its existing stores.
Reported: Revenue +6% but same-store sales −11% in H1 FY27, up from 25% in Q2 FY27. ET Retail,
Watch: Q4 FY27 results, expected Apr–May 2027 — same-store sales growth below H1's -11%.
Before its full results, due by 14 Nov:Before then:
- Affected
- Mall and high-street landlords — a tenant that must keep openingDo now: By 14 Nov: negotiate rent and lease length from strength; it needs new sites to keep this pace.
- Baazar Style Retail's apparel vendors and fabric mills — orders that grow with each openingDo now: By 14 Nov: tie volume terms to its openings, not to its same-store sales.
- Trent — new stores near theirsDo now: By 14 Nov: benchmark your same-store growth against Baazar Style Retail (Style Baazar)'s same-store figure, not its headline growth.
Latest moves
Our read of each move first, where we have one; what the report said is marked Reported.
Footprint: where Baazar Style Retail (Style Baazar) opened
1 store opening in 1 city on record since May 2026.
Background
From 8 stories, the newest dated 5 Oct 2026. Summary written 7 Oct 2026. Newer developments are under Latest moves.
Baazar Style Retail (Style Baazar) is an Indian value-retail operator.[1] source: Mint
Show 3 more paragraphs and 8 sources
It had 263 stores at the end of FY26.[2] source: Moneycontrol NDTV Profit reported on 28 September 2026 that Baazar Style Retail opened a Siliguri store, lifting its network to 283.[3] source: NDTV Profit
Baazar Style Retail's FY26 revenue rose 37 percent to Rs 1,840.9 crore, with FY26 profit after tax of Rs 46.9 crore.[2] source: Moneycontrol NDTV Profit reported in October 2026 that Baazar Style fell 10%, with Q2 same-store sales growth of -25%.[4] source: NDTV Profit In September 2026 Cupid approved conversion of up to 30,00,000 warrants into Baazar Style Retail equity shares at ₹328.25 per share.[5] source: Business Today Mint reported that the conversion requires ₹73.86 crore.[6] source: Mint Cupid's approved transaction in Baazar Style Retail is ₹331.53 crore.[7] source: Outlook Business Cupid expects Baazar Style Retail to contribute ₹150 crore this fiscal.[8] source: The Hindu BusinessLine The retailer's network is projected to exceed 500 outlets within two to three years.[8] source: The Hindu BusinessLine
At the 25 September AGM, promoters voted 14.12 million of 20.79 million shares against reappointing Rohit Kedia, after two directors resigned.[2] source: Moneycontrol Cupid Ltd is an investor in the company through its warrants.[1] source: Mint
Sources
Questions about Baazar Style Retail (Style Baazar)
What are Baazar Style Retail (Style Baazar)'s expansion plans?
Baazar Style Retail opened a store in Siliguri in September 2026, taking its network to 283 stores.[3] source: NDTV Profit Its network is projected to exceed 500 outlets within two to three years.[8] source: The Hindu BusinessLine
Where and when is Baazar Style Retail (Style Baazar) opening new stores?
Baazar Style Retail opened a store in Siliguri in September 2026, lifting its network to 283 stores.[3] source: NDTV Profit
How many Baazar Style Retail (Style Baazar) stores are there?
Baazar Style Retail had 283 stores after its Siliguri opening, reported on 28 September 2026.[3] source: NDTV Profit It had 263 stores at the end of FY26.[2] source: Moneycontrol
How fast is Baazar Style Retail (Style Baazar) growing in India?
Baazar Style Retail's FY26 revenue rose 37 percent to Rs 1,840.9 crore, with FY26 profit after tax of Rs 46.9 crore.[2] source: Moneycontrol
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