Brandman Retail Limited (BRANDMAN)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Brandman Retail's revenue was ₹45.2 Cr (+287.6% year on year, -32.6% on the previous quarter), and net profit ₹4.8 Cr; the operating margin was 8.8%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹45.2 | +287.6% | -32.6% |
| Operating profit | ₹4.0 | from loss | -45.2% |
| Net profit | ₹4.8 | — | -15.3% |
| EPS (₹) | 2.58 | +760.0% | -37.7% |
| Operating margin | 8.8% | — | — |
BRANDMAN delivery percentage
NSE end-of-day data for
On Fri, 16 Oct 2026, 73.68% of the BRANDMAN shares traded on NSE were taken to delivery, against the stock's own 20-session average of 81.34%. That is close to its usual level. Turnover was only ₹25 lakh, so a handful of trades can move this figure.
Delivery in the last 5 sessions: 78.3% · 73.9% · 87.5% · 100.0% · 73.7%
A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed
📢 Recent Corporate Announcements
Brandman Retail Limited concluded its 5th Annual General Meeting on September 22, 2026, passing all ordinary resolutions with unanimous approval. Total votes polled stood at 13,200,100 shares, representing 71.5174% of the total 18,457,186 outstanding equity shares. Both resolutions—adopting the audited financial statements for FY26 and re-appointing Ms. Kashika Malhotra as Non-Executive Director—received 100% votes in favor with zero dissent.
- 13,200,100 total votes polled out of 18,457,186 outstanding shares (71.5174% turnout)
- Resolution 1 (FY26 Audited Financials) approved with 100% votes in favor and 0 votes against
- Resolution 2 (Re-appointment of Ms. Kashika Malhotra) approved with 100% votes in favor
- Promoter voting participation stood at 99.9599% (12,734,700 shares polled out of 12,739,800)
Brandman Retail Limited has issued an intimation regarding the dispatch of letters to shareholders whose email addresses are not registered with the company or RTA. The letter provides weblinks and QR codes to access the FY 2025-26 Annual Report and Notice for the 5th Annual General Meeting (AGM). The AGM is scheduled to be held on Tuesday, September 22, 2026, at 11:00 AM IST via Video Conferencing. Shareholders have until 5:00 PM on September 15, 2026, to temporarily register their email addresses with Bigshare Services Private Limited.
- 5th Annual General Meeting scheduled for September 22, 2026, at 11:00 AM IST via Video Conferencing
- Notice and Annual Report for FY 2025-26 made accessible via company and exchange portals
- Deadline to temporarily register email with RTA is September 15, 2026, up to 5:00 PM IST
- Bigshare Services Private Limited designated as the Registrar and Share Transfer Agent (RTA)
Brandman Retail Limited has issued the notice for its 5th Annual General Meeting (AGM), scheduled to be held on September 22, 2026, at 11:00 AM via Video Conferencing. The cut-off date to determine shareholder voting eligibility is September 15, 2026, with remote e-voting running from September 19 to September 21, 2026. Ordinary business includes the adoption of FY26 financial statements and the re-appointment of Non-Executive Director Ms. Kashika Malhotra, who retires by rotation at a proposed remuneration of ₹1,30,000 per month.
- 5th Annual General Meeting scheduled for September 22, 2026 at 11:00 AM IST via VC/OAVM
- Record/cut-off date for electronic voting set as September 15, 2026
- Remote e-voting window open from September 19, 2026 (9:00 AM) to September 21, 2026 (5:00 PM)
- Proposed re-appointment of Ms. Kashika Malhotra as Non-Executive Director at ₹1,30,000 per month remuneration
Brandman Retail has launched Chinese sportswear giant Anta's first exclusive brand outlet in India at AIPL Joy Gallery, Gurgaon. The company has doubled its near-term retail target to 20-22 stores by end-2027 (up from an earlier plan of 10 stores), spanning 17 tier-1 and 5 tier-2 cities. Over the next three years, Brandman aims to scale the Anta retail network to approximately 150 stores across India. Brandman handles marketing, online, offline, D2C, and B2B operations for the brand in India.
- Launched first exclusive ANTA brand store in India at AIPL Joy Gallery, Gurgaon
- Doubled near-term India store target to 20-22 stores by end-2027 from earlier 10-store target
- Planned store footprint comprises 17 tier-1 and 5 tier-2 cities
- Long-term pipeline targets scaling to around 150 stores over the next 3 years
Brandman Retail Limited has issued and allotted 100 unlisted, secured, redeemable, fully paid-up Non-Convertible Debentures (Series A Debentures) on a private placement basis. The total issue size stands at ₹10 crore, with a face value of ₹10,00,000 per debenture. The date of allotment is August 18, 2026. Specific coupon rates and maturity tenures will be determined as per final transaction documents.
- Total issue size of ₹10 crore via private placement
- Allotment of 100 Series A NCDs at a face value of ₹10,00,000 each
- Allotment date finalized as August 18, 2026
- Instruments are secured against hypothecated properties and will remain unlisted
Brandman Retail Limited has executed agreements dated August 13, 2026, for a proposed private placement of unlisted, secured, redeemable Non-Convertible Debentures (NCDs). The subscribers to the issue are LC Venture Debt Fund and LC Growth Debt Fund II, which are independent third-party investors. CTL Trusteeship Limited has been appointed as the Debenture Trustee, with security created over specified company assets via a Hypothecation Deed and Debenture Trust Deed. Key financial terms including the total issue size, coupon rate, and repayment schedule were not disclosed in the announcement.
- Agreements executed on August 13, 2026, for unlisted, secured, redeemable NCDs on a private placement basis
- Subscribers identified as LC Venture Debt Fund and LC Growth Debt Fund II
- CTL Trusteeship Limited appointed as Debenture Trustee with security charge created over specified assets
- Total fundraise amount, interest rate, and maturity profile remain not disclosed
Brandman Retail reported its Q1 FY27 results and provided a monitoring report on its ₹86.09 crore IPO proceeds. As of June 30, 2026, the company has utilized ₹71.79 crore (83.4%) of the funds, with ₹30.43 crore deployed during the latest quarter alone. While expansion is underway, auditors highlighted a compliance lapse regarding delayed TDS deposits and unfiled returns. The company's inventory levels have risen significantly to ₹74.20 crore from ₹53.29 crore in March 2026, indicating a heavy working capital cycle.
- Total IPO proceeds of ₹86.09 crore, with ₹71.79 crore utilized as of June 30, 2026.
- ₹30.43 crore utilized during the quarter ended June 30, 2026, for retail expansion and working capital.
- ₹6.53 crore spent to date on launching 15 Exclusive Brand Outlets (EBOs) and Multi-Brand Outlets (MBOs).
- Auditors flagged that Tax Deducted at Source (TDS) has not been deposited within prescribed timelines.
- Inventory levels increased by 39% in three months to ₹74.20 crore as of June 30, 2026.
Brandman Retail Limited reported its Q1 FY27 results, focusing on the deployment of IPO proceeds. As of June 30, 2026, the company has utilized ₹71.79 crore (83.4%) of its ₹86.09 crore IPO funds, including ₹4.50 crore this quarter for expanding its retail network of 15 outlets. The balance sheet shows a significant 39% increase in inventory to ₹74.20 crore compared to March 2026. However, the statutory auditor highlighted a compliance lapse regarding the non-deposition of TDS and non-filing of TDS returns.
- Utilized ₹71.79 crore out of ₹86.09 crore total IPO proceeds as of June 30, 2026.
- Inventory levels rose to ₹74.20 crore from ₹53.29 crore in the previous quarter, a 39% increase.
- Trade receivables increased to ₹63.51 crore from ₹51.64 crore as of March 31, 2026.
- Deployed ₹7.14 crore during the quarter toward working capital requirements for Skechers.
- Auditor flagged that TDS has not been deposited with authorities and corresponding returns remain unfiled.
Brandman Retail's board has approved the issuance of unlisted, secured, redeemable Non-Convertible Debentures (NCDs) totaling ₹20 crores via private placement. The fundraise is structured in two tranches of ₹10 crores each, with the second tranche (Series B) subject to financial covenants and mutual consent. The debt will be secured by a charge over the company's movable assets, receivables, and inventory. This total facility represents approximately 29.8% of the company's reported revenue for the March 2026 quarter (₹67.10 cr).
- Total proposed issue size of ₹20.00 crores through 200 NCDs
- Issuance split into two equal tranches of ₹10.00 crores each (Series A and Series B)
- Face value of each NCD is fixed at ₹10,00,000
- Secured by hypothecation of present and future assets, including plant, machinery, and receivables
- Tranche 2 disbursement is contingent upon meeting specific financial covenants
Brandman Retail Limited has announced a board meeting on August 12, 2026, to consider and approve its audited standalone and consolidated financial results for the quarter ended June 30, 2026. This follows the March 2026 quarter where the company reported a revenue of ₹67.10 crore and a net profit of ₹5.62 crore. The meeting is a standard regulatory requirement under SEBI (LODR) Regulations, 2015. Investors will be looking for growth trends relative to the previous quarter's performance.
- Board meeting date set for August 12, 2026
- Financial results to be reviewed for the quarter ended June 30, 2026
- Previous quarter (March 2026) revenue was ₹67.10 crore
- Previous quarter (March 2026) net profit stood at ₹5.62 crore
- Previous quarter (March 2026) EPS was ₹4.14
Brandman Retail, the authorized distributor for Wilson in India, has opened the country's first exclusive Wilson retail store at Summit Plaza, Gurugram. This marks the physical retail entry of the 112-year-old Chicago-based sports brand into the Indian market. The store will feature Wilson's full portfolio, including performance racquets, apparel, and footwear. With the company reporting a quarterly revenue of ‹67.10 cr in March 2026, this move into premium exclusive brand outlets (EBOs) represents a strategic shift toward higher-margin retail formats.
- First exclusive Wilson retail store launched in India at Summit Plaza, Gurugram
- Wilson brand brings a global legacy dating back to its founding in 1914
- Company reported quarterly revenue of ‹67.10 cr and PAT of ‹5.62 cr in Mar 2026
- Store covers multiple categories including performance racquets, tennis balls, and footwear
Brandman Retail Limited has announced the resignation of its Chief Executive Officer, Mr. Devendra Singh Negi, effective from the close of business hours on July 31, 2026. The resignation is cited as being due to personal reasons. This leadership change follows a March 2026 quarter where the company reported revenue of ₹67.10 crore and a net profit of ₹5.62 crore. The company has not yet announced a successor for the CEO role.
- Mr. Devendra Singh Negi resigned as CEO effective July 31, 2026
- Resignation is attributed to personal reasons as per the official filing
- Company reported quarterly revenue of ₹67.10 crore for the period ending March 2026
- Net profit for the March 2026 quarter was ₹5.62 crore with an EPS of ₹4.14
- Operating profit for the most recent reported quarter stood at ₹7.26 crore
Brandman Retail Limited has submitted its Reconciliation of Share Capital Audit Report for the quarter ended June 30, 2026. The report confirms that the company's issued and listed capital are perfectly aligned at 18,457,186 shares. Approximately 81.23% of the total issued capital is held in dematerialized form with CDSL. This is a routine regulatory compliance filing under SEBI (Depositories and Participants) Regulations, 2018, ensuring shareholding records are accurate.
- Total issued and listed capital stands at 18,457,186 shares as of June 30, 2026
- 81.23% of the total issued capital (14,993,467 shares) is held in dematerialized form with CDSL
- The face value of the equity shares is confirmed at Rs. 10.00 each
- The audit was conducted by Rahul Agarwal in accordance with Regulation 76 of SEBI Regulations
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