MANYAVAR Q4 FY26 Guidance vs Delivery (MANYAVAR Management Mirror)

Revenue & Same Store Sales Growth

Management expects upcoming financial year growth to be driven predominantly by Same Store Sales Growth (SSG) via proactive Average Selling Price (ASP) improvements, following market pressures that previously stalled ASP increases. The gap between primary and secondary sales, initially driven by Sep'25 Qtr GST revisions, is expected to normalize next year. Previously in the Sep'25 Qtr, management targeted long-term SSG of 8% to 9% and noted that 4% to 5% SSG is required to maintain flat operating leverage. [Status: Initiated]