BATAINDIA Q2 FY27 Guidance vs Delivery (BATAINDIA Management Mirror)

Sep'26 Qtr Revenue Reaches INR 8,618 Million, Maintaining Positive Growth Trajectory

In Sep'26 Qtr, Bata India reported consolidated revenue of INR 8,618 million, representing a 7.5% YoY growth (down 12.0% QoQ), maintaining a positive growth trajectory for the fourth consecutive quarter as reported in the quarterly financial results and concall. Growth was largely ASP-led with marginal volume growth, supported by higher price points outperforming. Management had previously guided in Mar'26 Qtr for continued broad-based gains across channels and product categories, which was delivered in Sep'26 Qtr with double-digit growth in franchise and IND channels, and mid-teens growth in IND. Looking ahead, under the 'Reignite India 2030' plan, management targets doubling its India turnover by 2030, aiming for a mid-teens to double-digit CAGR over the next four years, subject to global macroeconomic volatility and FX movements.