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Bata india

₹1607.7 10.6 | 0.7%

Market Cap ₹20663 Cr.

Stock P/E 78.7

P/B 13.5

Current Price ₹1607.7

Book Value ₹ 118.8

Face Value 5

52W High ₹1770.1

Dividend Yield 0.75%

52W Low ₹ 1269

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.) Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Net Sales 841 665 943 830 900 779 958 819 903 798
Other Income 14 19 9 12 8 10 13 15 11 22
Total Income 855 684 952 842 908 789 971 835 915 820
Total Expenditure 673 503 698 669 694 597 719 637 721 616
Operating Profit 182 181 254 173 214 192 253 197 193 204
Interest 23 25 25 27 29 27 28 28 29 31
Depreciation 62 72 69 74 75 76 81 82 86 90
Exceptional Income / Expenses 0 0 0 0 0 0 0 -41 0 0
Profit Before Tax 97 85 160 72 110 88 144 46 78 83
Provision for Tax 25 22 40 17 27 23 37 12 20 19
Profit After Tax 72 63 119 55 83 66 107 34 58 64
Adjustments 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 72 63 119 55 83 66 107 34 58 64
Adjusted Earnings Per Share 5.6 4.9 9.3 4.3 6.5 5.1 8.3 2.6 4.5 5

Bata india Profit & Loss

#(Fig in Cr.) Dec 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
Net Sales 2065 2694 2423 2474 2634 2931 3056 1708 2388 3452 3479 3478
Other Income 31 43 27 46 50 68 69 94 56 39 62 61
Total Income 2097 2737 2449 2520 2684 2999 3125 1803 2444 3490 3540 3541
Total Expenditure 1731 2343 2133 2185 2272 2443 2213 1542 1963 2647 2684 2693
Operating Profit 365 394 316 336 412 556 912 261 481 843 857 847
Interest 13 18 16 15 15 14 129 108 99 118 126 116
Depreciation 59 79 79 65 60 64 296 265 242 295 339 339
Exceptional Income / Expenses -10 32 75 -22 0 0 0 -5 0 0 -41 -41
Profit Before Tax 283 329 297 234 337 478 487 -117 140 430 351 351
Provision for Tax 92 98 79 75 117 149 158 -27 37 107 88 88
Profit After Tax 191 231 217 159 221 329 329 -89 103 323 263 263
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 191 231 217 159 221 329 329 -89 103 323 263 263
Adjusted Earnings Per Share 14.9 18 16.9 12.4 17.2 25.6 25.6 -6.9 8 25.1 20.4 20.4

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 1% 27% 3% 5%
Operating Profit CAGR 2% 49% 9% 9%
PAT CAGR -19% 0% -4% 3%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -6% 1% 4% 10%
ROE Average 18% 14% 11% 16%
ROCE Average 32% 26% 23% 27%

Bata india Balance Sheet

#(Fig in Cr.) Dec 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Shareholder's Funds 840 1021 1221 1324 1475 1742 1894 1758 1815 1438 1527
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 11 10 14 3 0 -7 927 723 789 898 961
Total Current Liabilities 463 518 409 495 561 630 801 713 817 955 838
Total Liabilities 1314 1549 1644 1823 2036 2364 3621 3194 3421 3290 3326
Fixed Assets 248 309 304 268 296 317 1369 1120 1226 1392 1509
Other Non-Current Assets 142 225 182 193 185 207 249 217 195 153 164
Total Current Assets 923 1016 1158 1362 1555 1840 2003 1858 2000 1746 1633
Total Assets 1314 1549 1644 1823 2036 2364 3621 3194 3421 3290 3326

Bata india Cash Flow

#(Fig in Cr.) Dec 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Opening Cash & Cash Equivalents 33 51 54 91 63 55 59 15 54 18 75
Cash Flow from Operating Activities 183 119 204 257 160 345 582 461 212 629 453
Cash Flow from Investing Activities -118 -66 -114 -229 -112 -278 -189 -53 93 439 40
Cash Flow from Financing Activities -46 -50 -52 -56 -56 -63 -436 -369 -341 -1011 -518
Net Cash Inflow / Outflow 18 2 37 -28 -7 4 -43 39 -37 57 -24
Closing Cash & Cash Equivalent 51 54 91 63 56 59 15 54 18 75 50

Bata india Ratios

# Dec 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Earnings Per Share (Rs) 14.85 18 16.91 12.37 17.16 25.6 25.59 -6.95 8.01 25.13 20.42
CEPS(Rs) 19.46 24.17 23.05 17.43 21.86 30.58 48.61 13.65 26.84 48.07 46.81
DPS(Rs) 3.25 3.25 3.5 3.5 4 6.25 4 4 54.5 13.5 12
Book NAV/Share(Rs) 63.17 77.37 94.99 103.04 114.74 135.52 147.36 136.79 141.19 111.9 118.8
Core EBITDA Margin(%) 15.91 12.82 11.8 11.56 13.71 16.64 27.59 9.76 17.8 23.3 22.85
EBIT Margin(%) 14.11 12.66 12.72 9.94 13.32 16.78 20.15 -0.5 10.02 15.88 13.7
Pre Tax Margin(%) 13.48 12.02 12.07 9.34 12.76 16.3 15.94 -6.83 5.85 12.45 10.08
PAT Margin (%) 9.1 8.45 8.85 6.35 8.35 11.22 10.76 -5.23 4.31 9.36 7.55
Cash Profit Margin (%) 11.92 11.35 12.06 8.94 10.64 13.41 20.44 10.27 14.45 17.9 17.29
ROA(%) 15.91 16.16 13.62 9.17 11.43 14.95 10.99 -2.62 3.11 9.63 7.94
ROE(%) 25.76 25.61 19.63 12.49 15.76 20.46 18.1 -4.89 5.77 19.86 17.71
ROCE(%) 39.94 38.39 28.2 19.55 25.14 30.59 33.88 -0.47 13.39 33.7 32.16
Receivable days 8.34 7.29 9.62 10.23 10.97 9.69 7.74 15.24 11.55 8.16 8.54
Inventory Days 90.87 85.82 103.3 101.96 102.19 99.9 102.3 158.3 113.06 93.88 96.22
Payable days 97.08 94.79 108.61 116.16 134.82 141.16 143.45 205.52 150.44 104.35 86.72
PER(x) 35.57 30.3 29.98 45.88 42.55 55.03 48.1 0 244.84 56.46 66.8
Price/Book(x) 8.36 7.05 5.34 5.51 6.36 10.39 8.35 10.27 13.9 12.68 11.48
Dividend Yield(%) 0.62 0.6 0.69 0.62 0.55 0.44 0.32 0.28 2.78 0.95 0.88
EV/Net Sales(x) 3.16 2.52 2.55 2.74 3.34 5.89 4.86 9.93 10.16 5.13 4.92
EV/Core EBITDA(x) 17.89 17.24 19.51 20.18 21.32 31.05 16.3 65.01 50.4 21.01 19.99
Net Sales Growth(%) 12.09 30.45 -10.07 2.13 6.46 11.27 4.26 -44.1 39.76 44.56 0.78
EBIT Growth(%) 11.85 17.14 -9.91 -20.33 41.39 39.82 25.2 -101.38 2908.41 129.19 -13.02
PAT Growth(%) 10.94 21.18 -6.03 -26.88 38.73 49.19 -0.01 -127.15 215.32 213.62 -18.73
EPS Growth(%) 10.94 21.18 -6.03 -26.88 38.73 49.2 -0.01 -127.15 215.32 213.62 -18.73
Debt/Equity(x) 0 0 0 0 0 0 0 0 0 0 0
Current Ratio(x) 1.99 1.96 2.83 2.75 2.77 2.92 2.5 2.61 2.45 1.83 1.95
Quick Ratio(x) 0.74 0.6 1.15 1.31 1.41 1.59 1.41 1.75 1.38 0.88 0.84
Interest Cover(x) 22.56 19.51 19.78 16.6 23.74 34.46 4.79 -0.08 2.4 4.64 3.78
Total Debt/Mcap(x) 0 0 0 0 0 0 0 0 0 0 0

Bata india Shareholding Pattern

# Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024
Promoter 52.96 50.16 50.16 50.16 50.16 50.16 50.16 50.16 50.16 50.16
FII 6.66 6.84 7.87 4.86 5.85 6.63 7.51 7.88 8.24 7.62
DII 27.41 30.11 28.97 31.58 30.57 30.32 29.97 29.69 28.32 27.52
Public 12.97 12.89 13 13.4 13.42 12.89 12.36 12.27 13.29 14.7
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 104.35 to 86.72days.
  • Company is almost debt free.

Cons

  • Company has a low return on equity of 14% over the last 3 years.
  • Stock is trading at 13.5 times its book value.
  • The company has delivered a poor profit growth of -4% 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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