**1. Business Performance:** Khadim India reported a Q4 FY26 revenue decline of 10.9% YoY to ₹83.56 Cr, with full-year FY26 revenue down 12.2% YoY to ₹367.10 Cr.

Profitability also faced pressure.

The company continues as a prominent footwear retailer, strong in East India and a top 3 player in South India, with 851 stores. **2. Growth Drivers or Strategy:** The company's asset-light model (78% franchised stores, 100% outsourced sourcing) drives growth.

Strategic expansion targets South India, West India, and Uttar Pradesh, focusing on premiumisation via Company Owned Company Operated (COCOs) and franchisees to broaden market reach. **3. Recent Developments:** No new product launches or capacity expansions were specifically disclosed for the quarter. **4. Key Financial Metrics:** * Q4 FY26 Net Profit: ₹0.77 Cr (-23.5% YoY) * FY26 Net Profit: ₹3.14 Cr (-39.6% YoY) **5. Management Commentary / Outlook:** Management plans retail footprint expansion with its asset-light and premiumisation strategies.

The company aims to leverage its market positioning to capture industry growth across retail and distribution segments.