KALAMANDIR Q4 FY26 Guidance vs Delivery (KALAMANDIR Management Mirror)

Revenue & Growth Outlook

Management expects FY27 revenue growth to surpass the prior year's performance alongside slightly improved same-store sales growth (SSSG), reaffirming the 15% to 20% FY27 growth trajectory initiated in the Dec'25 Qtr, which followed a downgrade of the FY26 guidance to 15% from the 18% to 20% targeted in the Sep'25 Qtr. The Mar'26 Qtr outlook anticipates H2 outperforming H1 due to festive shifts, with Tamil Nadu mature stores targeting 5% to 10% YoY productivity gains. [Status: Reaffirmed]