Brandman Retail Net Profit Rises 20% to ₹2,529.42 Lakhs in FY26
Brandman Retail Limited reported a 20.20% increase in net profit to ₹2,529.42 lakhs for FY26, with revenue from operations rising 20.04% to ₹16,240.87 lakhs. The company expanded its store network to 22 outlets and added ANTA and Wilson to its brand portfolio. Cash and bank balances improved significantly to ₹4,663.75 lakhs.

*this image is generated using AI for illustrative purposes only.
Brandman Retail Limited has filed an investor presentation for the quarter and financial year ended March 31, 2026, with the National Stock Exchange of India Limited. The company reported a strong financial performance for the fiscal year, with net profit rising to ₹2,529.42 lakhs from ₹2,104.37 lakhs in the previous year, representing a 20.20% year-on-year increase. Total income for the year stood at ₹17,166.86 lakhs, compared to ₹14,018.26 lakhs in FY25, driven by robust growth in revenue from operations.
Financial Performance
The company demonstrated consistent growth across key financial metrics. Revenue from operations for FY26 reached ₹16,240.87 lakhs, a 20.04% increase from ₹13,529.49 lakhs in the prior year. EBITDA for the period improved to ₹3,706.79 lakhs, up from ₹3,023.81 lakhs in FY25, with an EBITDA margin of 22.82%. The profit after tax (PAT) margin remained stable at 15.57% for the year ended March 31, 2026.
| Metric | FY 2025-26 (₹ Lakhs) | FY 2024-25 (₹ Lakhs) | YoY Growth |
|---|---|---|---|
| Revenue from Operations | 16,240.87 | 13,529.49 | 20.04% |
| Total Income | 17,166.86 | 14,018.26 | 22.46% |
| EBITDA | 3,706.79 | 3,023.81 | 22.59% |
| Net Profit | 2,529.42 | 2,104.37 | 20.20% |
Operational Highlights
During the year, Brandman Retail expanded its operational footprint significantly. The company grew its store network from 13 to 22 outlets, comprising 14 New Balance Exclusive Brand Outlets (EBOs) and 8 Sneakrz Multi-Brand Outlets (MBOs). This expansion included new premium airport outlets at Mumbai and Guwahati airports. The company also strengthened its brand portfolio by onboarding ANTA and Wilson through a non-exclusive distributor agreement, bringing its total portfolio to 10 global brands.
Balance Sheet and Cash Flows
The consolidated balance sheet as of March 31, 2026, reflected a strengthened financial position. Total assets increased to ₹20,799.97 lakhs from ₹8,472.91 lakhs in the previous year. Shareholders' funds rose substantially to ₹14,191.90 lakhs, supported by a share capital of ₹1,845.72 lakhs and reserves & surplus of ₹12,346.19 lakhs. Cash and bank balances stood at ₹4,663.75 lakhs, significantly higher than ₹435.30 lakhs at the end of FY25, indicating strong liquidity generation during the year.
Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE0XUD01014/b500ea3611574d0f.pdf
Historical Stock Returns for Brandman Retail
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.60% | -1.84% | -21.22% | -16.73% | -16.73% | -16.73% |
How will Brandman Retail's aggressive store expansion from 13 to 22 outlets impact its operating leverage and EBITDA margins in FY27, particularly given the higher fixed costs associated with premium airport locations?
With ANTA and Wilson recently onboarded under non-exclusive distributor agreements, what is the potential revenue contribution from these new brands, and could Brandman Retail secure exclusive distribution rights in the near future?
Given the dramatic surge in total assets from ₹8,472 lakhs to ₹20,799 lakhs, largely driven by capital raising, how does the company plan to deploy its ₹4,663 lakhs cash reserves to sustain its 20%+ growth trajectory?

























