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Bata India, V-Mart Looking At A Slow Start To FY26 Projects Nirmal Bang Ahead Of Q1 Results
Nirmal Bang recommends 'Buy' rating on Bata India and V-Mart ahead of Q1 FY26 results
09 Jul 2025, 05:24 PM IST 
Stronger sales of premium products (Sneakers, Hush Puppies, Comfit & Floatz) along with continued e-commerce momentum will be the key driver of Bata's topline.
(Photo source: Freepik)
Nirmal Bang still believes that a full-fledged recovery in volumes for the mass category to prepandemic levels for Bata and V-Mart will take time, mainly due to competitive intensity from organized, unorganized, and e-commerce players.
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