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Bata india

₹1309.6 12.2 | 0.9%

Market Cap ₹16831 Cr.

Stock P/E 63.6

P/B 11.5

Current Price ₹1309.6

Book Value ₹ 113.7

Face Value 5

52W High ₹1770.1

Dividend Yield 1.03%

52W Low ₹ 1295

Bata india Research see more...

Overview Inc. Year: 1931Industry: Footwear

Bata India Ltd is an India-based business enterprise, which is engaged within the commercial enterprise of producing and trading of footwear and add-ons through its retail and wholesale community, and development of real estate. The Company operates in footwear & add-ons section. The Footwear & Accessories phase is engaged in the commercial enterprise of producing and trading of footwear and add-ons accessories thru its retail and wholesale network. The Company gives accessories for ladies, including belts, clutches and scarves, and for men, inclusive of shoe care merchandise, wallets and belts. Its brands include Bata, Power, Marie Claire, Weinbrenner, North Star, Bata Red Label, Hush Puppies, Naturalizer, Scholl, Bata Comfit and Bubble gummers. The Company has a retail community of over 1,700, keep-in-stores and franchisee shops. The Company also operates its Website www.Bata.In.

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Bata india Share Price

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Peer Comparison

Bata india Quarterly Results

#(Fig in Cr.) Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 614 841 665 943 830 900 779 958 819 903
Other Income 12 14 19 9 12 8 10 13 15 11
Total Income 626 855 684 952 842 908 789 971 835 915
Total Expenditure 495 673 503 698 669 694 597 719 637 721
Operating Profit 131 182 181 254 173 214 192 253 197 193
Interest 22 23 25 25 27 29 27 28 28 29
Depreciation 59 62 72 69 74 75 76 81 82 86
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 -41 0
Profit Before Tax 50 97 85 160 72 110 88 144 46 78
Provision for Tax 13 25 22 40 17 27 23 37 12 20
Profit After Tax 37 72 63 119 55 83 66 107 34 58
Adjustments 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 37 72 63 119 55 83 66 107 34 58
Adjusted Earnings Per Share 2.9 5.6 4.9 9.3 4.3 6.5 5.1 8.3 2.6 4.5

Bata india Profit & Loss

#(Fig in Cr.) Dec 2012 Dec 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
Net Sales 1842 2065 2694 2423 2474 2634 2931 3056 1708 2388 3452 3459
Other Income 30 31 43 27 46 50 68 69 94 56 39 49
Total Income 1873 2097 2737 2449 2520 2684 2999 3125 1803 2444 3490 3510
Total Expenditure 1556 1731 2343 2133 2185 2272 2443 2213 1542 1963 2647 2674
Operating Profit 316 365 394 316 336 412 556 912 261 481 843 835
Interest 12 13 18 16 15 15 14 129 108 99 118 112
Depreciation 51 59 79 79 65 60 64 296 265 242 295 325
Exceptional Income / Expenses 0 -10 32 75 -22 0 0 0 -5 0 0 -41
Profit Before Tax 253 283 329 297 234 337 478 487 -117 140 430 356
Provision for Tax 81 92 98 79 75 117 149 158 -27 37 107 92
Profit After Tax 172 191 231 217 159 221 329 329 -89 103 323 265
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 172 191 231 217 159 221 329 329 -89 103 323 265
Adjusted Earnings Per Share 13.4 14.9 18 16.9 12.4 17.2 25.6 25.6 -6.9 8 25.1 20.5

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 45% 4% 6% 6%
Operating Profit CAGR 75% -3% 15% 10%
PAT CAGR 214% -1% 8% 7%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -13% -1% -1% 10%
ROE Average 20% 7% 12% 17%
ROCE Average 34% 16% 22% 28%

Bata india Balance Sheet

#(Fig in Cr.) Dec 2012 Dec 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Shareholder's Funds 699 840 1021 1221 1324 1475 1742 1894 1758 1815 1438
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 12 11 10 14 3 0 -7 927 723 789 898
Total Current Liabilities 374 463 518 409 495 561 630 801 713 817 822
Total Liabilities 1085 1314 1549 1644 1823 2036 2364 3621 3194 3421 3158
Fixed Assets 243 248 309 304 268 296 317 1369 1120 1226 1392
Other Non-Current Assets 119 142 225 182 193 185 207 249 217 195 153
Total Current Assets 723 923 1016 1158 1362 1555 1840 2003 1858 2000 1614
Total Assets 1085 1314 1549 1644 1823 2036 2364 3621 3194 3421 3158

Bata india Cash Flow

#(Fig in Cr.) Dec 2012 Dec 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Opening Cash & Cash Equivalents 23 33 51 54 91 63 55 59 15 54 18
Cash Flow from Operating Activities 184 183 119 204 257 160 345 582 461 212 629
Cash Flow from Investing Activities -128 -118 -66 -114 -229 -112 -278 -189 -53 93 439
Cash Flow from Financing Activities -46 -46 -50 -52 -56 -56 -63 -436 -369 -341 -1011
Net Cash Inflow / Outflow 11 18 2 37 -28 -7 4 -43 39 -37 57
Closing Cash & Cash Equivalent 33 51 54 91 63 56 59 15 54 18 75

Bata india Ratios

# Dec 2012 Dec 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Earnings Per Share (Rs) 13.39 14.85 18 16.91 12.37 17.16 25.6 25.59 -6.95 8.01 25.13
CEPS(Rs) 17.39 19.46 24.17 23.05 17.43 21.86 30.58 48.61 13.65 26.84 48.07
DPS(Rs) 3 3.25 3.25 3.5 3.5 4 6.25 4 4 54.5 13.5
Book NAV/Share(Rs) 52.14 63.17 77.37 94.99 103.04 114.74 135.52 147.36 136.79 141.19 111.9
Core EBITDA Margin(%) 15.28 15.91 12.82 11.8 11.56 13.71 16.64 27.59 9.76 17.8 23.3
EBIT Margin(%) 14.14 14.11 12.66 12.72 9.94 13.32 16.78 20.15 -0.5 10.02 15.88
Pre Tax Margin(%) 13.5 13.48 12.02 12.07 9.34 12.76 16.3 15.94 -6.83 5.85 12.45
PAT Margin (%) 9.19 9.1 8.45 8.85 6.35 8.35 11.22 10.76 -5.23 4.31 9.36
Cash Profit Margin (%) 11.94 11.92 11.35 12.06 8.94 10.64 13.41 20.44 10.27 14.45 17.9
ROA(%) 17.44 15.91 16.16 13.62 9.17 11.43 14.95 10.99 -2.62 3.11 9.82
ROE(%) 28.37 25.76 25.61 19.63 12.49 15.76 20.46 18.1 -4.89 5.77 19.86
ROCE(%) 43.63 39.94 38.39 28.2 19.55 25.14 30.59 33.88 -0.47 13.39 33.7
Receivable days 7.44 8.34 7.29 9.62 10.23 10.97 9.69 7.74 15.24 11.55 8.16
Inventory Days 83.21 90.87 85.82 103.3 101.96 102.19 99.9 102.3 158.3 113.06 93.88
Payable days 86.67 97.08 94.79 108.61 116.16 134.82 141.16 143.45 205.52 150.44 104.35
PER(x) 32.38 35.57 30.3 29.98 45.88 42.55 55.03 48.1 0 244.84 56.46
Price/Book(x) 8.31 8.36 7.05 5.34 5.51 6.36 10.39 8.35 10.27 13.9 12.68
Dividend Yield(%) 0.69 0.62 0.6 0.69 0.62 0.55 0.44 0.32 0.28 2.78 0.95
EV/Net Sales(x) 2.92 3.16 2.52 2.55 2.74 3.34 5.89 4.86 9.93 10.16 5.13
EV/Core EBITDA(x) 17.04 17.89 17.24 19.51 20.18 21.32 31.05 16.3 65.01 50.4 21.01
Net Sales Growth(%) 18.94 12.09 30.45 -10.07 2.13 6.46 11.27 4.26 -44.1 39.76 44.56
EBIT Growth(%) -27.07 11.85 17.14 -9.91 -20.33 41.39 39.82 25.2 -101.38 2908.41 129.19
PAT Growth(%) -33.52 10.94 21.18 -6.03 -26.88 38.73 49.19 -0.01 -127.15 215.32 213.62
EPS Growth(%) -33.52 10.94 21.18 -6.03 -26.88 38.73 49.2 -0.01 -127.15 215.32 213.62
Debt/Equity(x) 0 0 0 0 0 0 0 0 0 0 0
Current Ratio(x) 1.93 1.99 1.96 2.83 2.75 2.77 2.92 2.5 2.61 2.45 1.96
Quick Ratio(x) 0.7 0.74 0.6 1.15 1.31 1.41 1.59 1.41 1.75 1.38 0.86
Interest Cover(x) 22.07 22.56 19.51 19.78 16.6 23.74 34.46 4.79 -0.08 2.4 4.64
Total Debt/Mcap(x) 0 0 0 0 0 0 0 0 0 0 0

Bata india Shareholding Pattern

# Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 52.96 52.96 50.16 50.16 50.16 50.16 50.16 50.16 50.16 50.16
FII 6.01 6.66 6.84 7.87 4.86 5.85 6.63 7.51 7.88 8.24
DII 27.46 27.41 30.11 28.97 31.58 30.57 30.32 29.97 29.69 28.32
Public 13.57 12.97 12.89 13 13.4 13.42 12.89 12.36 12.27 13.29
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Debtor days have improved from 150.44 to 104.35days.
  • Company is almost debt free.

Cons

  • Company has a low return on equity of 7% over the last 3 years.
  • Stock is trading at 11.5 times its book value.
  • The company has delivered a poor profit growth of 7% over past five years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Bata india News

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