WOMANCART

Womancart financials

Market cap
₹98 Cr
Calls analysed
1
Latest concall · Q1 FY27 · call held 14 Aug 2026

Womancart Ltd Q1 FY27

Revenue from Operations ₹32.56 cr +52%EBITDA ₹6.47 cr +33%PAT ₹3.7 cr +76%PAT Margin 11.5%

What went well

  • Revenue from operations for Q1 FY27 stood at INR32.56 crores, registering a 52.1% year-on-year growth.
  • EBITDA stood at INR6.47 crores, representing a growth of 32.9%.
  • PAT increased by 75.7% year-by-year to INR3.7 crores.

What to watch

  • Q1 FY27 revenue of INR32.56 crores represents a sequential degrowth compared to Q4 FY26 revenue of INR55-56 crores.
  • EBITDA margin has shown volatility in past results (8%, 15%, 11%, 21%, 14%, 22%).
Read the full call →

What Womancart Ltd does

WomanCart runs an inventory-led, omni-channel retail model for women's fashion, beauty, jewellery, lingerie, home and kids' essentials, selling through its own website, e-commerce marketplaces, and physical WomanCart / WomanCart LUXE stores in Delhi NCR. It procures merchandise from OEM brands, distributors, dealers and C&F agents, while also marketing nine owned private-label brands spanning jewellery, footwear, lingerie, kitchenware and kids' products. The company operates a 2-hour express delivery model across Delhi NCR and Jaipur backed by its own warehousing, and has extended operations internationally through an associate, Womancart Pty Limited, in Australia.

Segments

  • Online (own website & marketplaces)
  • Offline retail stores
  • Own brands (private label)
  • B2B / OEM distribution
  • International (Australia)
SKUs listed online
31,050+
Own (private-label) brands
9
Stores & warehouses
15+
Warehouses
6
Largest warehouse facility
18,000 sq ft (Delhi NCR)
Retail store network
2 WomanCart LUXE (avg. ~900 sq ft) + 7 WomanCart stores (avg. ~400 sq ft)
Founded 2018Headquarters New Delhi, India Company website

Guidance record · Q1 FY27

what the last two calls moved 6 tracked 0 delivered 0 missed 6 open
  • Daily Orders open said Q1 FY27 Promised: Reach 10,000 orders per day in the current year Q1 FY27: Target of 10,000 orders/day for the current year announced.

All 6 tracked — every revision, and every one management stopped mentioning.

Open the guidance ledger

Quarterly results

Q1 FY27: revenue down 12.0%, net profit down 24.8% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY24Q4 FY24Q2 FY25Q4 FY25Q1 FY26Q2 FY26Q4 FY26Q1 FY27
Revenue11 19 22 37 21 +95%50 +163%53 +142%33 −12%
EBITDA2 2 5 5 5 +143%11 +450%3 −37%6 +29%
Net profit1 2 3 5 2 +114%5 +150%2 −42%4 −25%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance −60.0% 1Y

₹100₹200₹300Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Q1 FY27 — 14 Aug 2026

1Y: ₹261 on 10 Sept 2025 → ₹104.45. High ₹340.25 (6 Nov 2025), low ₹90.1 (20 Jul 2026).

How the price took the results

close before → close after

Q1 FY27
+8.7%
14 Aug

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

Balance sheet

Year endingFY23FY24FY25FY26
Equity capital₹1 Cr₹4 Cr₹7 Cr₹8 Cr
Reserves₹2 Cr₹12 Cr₹71 Cr₹92 Cr
Borrowings₹1 Cr₹7 Cr₹22 Cr₹24 Cr
Other liabilities₹1 Cr₹3 Cr₹30 Cr₹35 Cr
Total liabilities₹6 Cr₹26 Cr₹129 Cr₹160 Cr
Fixed assets₹1 Cr₹2 Cr₹18 Cr₹18 Cr
Capital work in progress₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Investments₹0 Cr₹0 Cr₹7 Cr₹2 Cr
Other assets₹5 Cr₹24 Cr₹103 Cr₹140 Cr
Total assets₹6 Cr₹26 Cr₹129 Cr₹160 Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Mar 2026

Since Mar 2025, promoters added +2.74 pp while the public trimmed −2.45 pp. The shareholder count grew 197% to 1,077.

Promoters
42.8%
FIIs
1.2%
DIIs
4.8%
Public
51.2%

Since Mar 2025

  • Promoters +2.74 pp
  • Public −2.45 pp
  • DIIs −1.51 pp

How it drifted, 7 quarters

Over this window promoters fell from 57.4% to 42.8% — −14.6 pp.

Mar '24Jun '25Mar '26

Ownership split by quarter, oldest first. Mar '24: Promoters 57.4%, Public 42.6%.Sep '24: Promoters 48.8%, Public 51.2%.Mar '25: Promoters 40.1%, DIIs 6.3%, Public 53.6%.Jun '25: Promoters 41.2%, DIIs 6.3%, Public 52.5%.Sep '25: Promoters 39.9%, DIIs 5.9%, Public 54.2%.Dec '25: Promoters 43.4%, FIIs 1.3%, DIIs 5.2%, Public 50.0%.Mar '26: Promoters 42.8%, FIIs 1.2%, DIIs 4.8%, Public 51.2%.

Who was buying across the market this quarter →

Who bought this quarter

since Dec 2025

Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.

The same filing shows 10 holders trimming and 2 off the list — both are in the register beside this.

Who is on the register

Named in the Mar 2026 filing

Every holder of Womancart Ltd above SEBI's 1% disclosure line, and what changed since Dec 2025.

HolderStakeChange
Veena Pahwa 30.91%+0.34 pp
Madhu Sudan Pahwa 6.59%−0.54 pp
Generational Capital Breakout Fund 1 AIF4.79%−0.40 pp
Parth Pahwa 2.67%−0.22 pp
Prerna Pahwa 2.56%−0.21 pp
Wca Services Private Limited 2.44%−0.20 pp
Sandeep Pawah 2.29%−0.19 pp
Manish Grover 2.23%−0.19 pp
Anshul Aggarwal 2.13%−0.52 pp
Shammi Khanna 2.00%newly disclosed
Jagdish Datt Batra 1.52%newly disclosed
Shivarjun Byrapaneni Rao 1.29%−0.11 pp

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

What the price assumes

Growth the price implies
-7.1% a year
for 7 years, fading to 4%
It has actually compounded at
Not enough history
The gap
between what it did and what it must do
Price today ₹104.45

Change the assumptions yourself →