Bata India Q4 results: Footwear player Bata India on Wednesday, May 27, reported its earnings for the fourth quarter of the 2025-26 financial year (Q4 FY26), posting a 95.2% year-on-year (YoY) decline in its consolidated net profit to ₹2.2 crore.
In the corresponding period of the preceding fiscal year, it had logged a profit of ₹45.9 crore, according to a regulatory filing.
During the quarter, the firm recorded certain one-time items, including VSR costs of ₹28.1 crore, in line with its long-term strategy to build “greater capability, agility and efficiency” across the supply chain.
Additionally, the company reported a non-cash forex loss of ₹22.4 crore on restatement of financial liability towards royalty, owing to the sharp currency devaluation on account of the ongoing geopolitical situation, it added.
However, its revenue from operations declined 5% YoY to ₹828 crore during the quarter under review, from ₹788 crore in the January-March quarter of the 2024-25 fiscal year (Q4 FY25).
The quarter marked the company’s second consecutive period of accelerating topline growth, supported by sequential improvement in momentum, with March performance stronger than January.
Bata India’s cash generation from operations advanced 18.2% YoY to ₹132.2 crore in the March quarter of FY26.
Its zero-based merchandising was extended to approximately 550 stores, contributing to more than 70% of store sales.
Bata India’s gross inventory reduced by 13%, reflecting stronger inventory discipline, it added.
Its e-commerce business registered growth in the mid-twenties.
Furthermore, its premium portfolio, led by Hush Puppies and Power, continued to outpace overall growth.
Final dividend recommended
Bata India’s board of directors recommended a dividend of ₹9 per equity share, at 180%, with a face value of ₹5 each, fully paid-up, for FY26, subject to shareholder approval at the ensuing annual general meeting (AGM), which will be held on Wednesday, August 12, 2026. Its dividend for FY26 amounts to ₹115.68 crore.
Furthermore, it fixed Friday, July 31, 2026, as the record date for payment of the dividend.
“Dividend on equity shares, if declared, at the AGM will be paid on Thursday, August 27, 2026 onwards to those Members who are entitled thereto,” it said.
What the CEO said
Commenting on the performance, Gunjan Shah, Managing Director and CEO of Bata India, said: “As India’s most trusted shoes brand, we are pleased to report volume-led growth of 5% over Q4 FY25, supported by broad-based performance across channels. This is the second consecutive quarter of accelerating topline growth, further strengthened by sequential improvement during the quarter.”
Shah further stated that Bata’s continued focus on operational efficiency and disciplined cost management has helped it to generate strong operating cash flows. It has also continued to invest in demand generation, consumer engagement, and brand relevance, with advertising spends increasing by 1.5 times.
“Our focus on network penetration, premiumisation, disciplined resource allocation and strong execution remained central to driving performance. During the quarter, we continued to scale key strategic initiatives,” Shah added.
Bata India has a total market capitalisation of ₹8,882.54 crore as of May 27, 2026, according to data on the NSE.