• Revenue growth target: Q1 revenue growth moderated to 13% due to subdued consumer sentiment, but the company remains on track for 18% to 20% annualized growth to cross the ₹1,000 crore revenue mark by FY27.
• Profitability and margins: Input costs have stabilized without further expected hikes, supporting an annualized gross margin target of 59% to 60%, while pre-Ind AS PAT margin expanded from 10.2% to 11.2%.
• Demand and SSSG: After a moderate July, management expects a strong recovery in the second half driven by festive season demand, targeting full-year same-store sales growth of 5% to 6% following 4.04% in Q1.
• Store expansion plans: The company remains on track to reach 715 to 725 stores by FY27, with potential to exceed the 725 target supported by a strong store opening pipeline.