Mayasheel Retail India (Bazar India) Unlisted Share Price Today
ISIN INE03NO01017.
Mayasheel Retail India (Bazar India) is an emerging value fashion and lifestyle retail company in India, operating under the flagship brand “Bazar India.” The company focuses on offering affordable apparel, footwear, home furnishings, and general merchandise, catering primarily to middle and lower-middle income consumers across India. Its product mix spans men’s, women’s, and kidswear along with household essentials, positioning itself as a one-stop shop for family consumption needs. Mayashee…
Mayasheel Retail India (Bazar India)
Mayasheel Retail India (Bazar India) Unlisted Share Price Today
Over FY21–FY23, revenue declined at a CAGR of ~-9.5%, indicating demand slowdown or store-level underperformance.
EBITDA margin peaked at 12.17% in FY22 vs 5.80% in FY21, driven by cost optimization, but was not sustainable (fell to 4.17% in FY23).
PAT surged ~5x in FY22, but dropped ~90% in FY23, highlighting earnings instability and lack of consistency.
Income Statement
Key Managerial Personnel
As of FY26Atul Garg is the Chairman and Managing Director of Mayasheel Retail India (Bazar India), leading the company’s growth as a value fashion retail chain in India. He has been instrumental in expanding the brand across Tier II and Tier III cities, focusing on affordable retail and building a pan-India presence.
Sanjeev Agarwal serves as the Chief Financial Officer of Mayasheel Retail India (Bazar India), overseeing the company’s financial strategy, reporting, and compliance functions. He plays a key role in managing capital structure, improving profitability, and supporting the company’s expansion and operational efficiency initiatives.
