Bata india

₹1567.7 -13.4 | 0.8%

WEBSITE BSE:500043 NSE : BATA INDIA 09 Jun, 13:38

Market Cap ₹20162 Cr.

Stock P/E 62.4

P/B 14

Current Price ₹1567.7

Book Value ₹ 111.9

Face Value 5

52W High ₹2003.6

Dividend Yield 0.86%

52W Low ₹ 1380.9

Edit Ratio

Bata india Research see more...

Overview Inc. Year: 1931Industry: Retailing

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.

Bata india Share Price

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Price

Price: NSE50 DMA200 DMAVolume

Quarterly Price

Quarterly Monthly

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Peer Comparison

Bata india Quarterly Results

#(Fig in Cr.)	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023
Net Sales	616	590	267	614	841	665	943	830	900	779
Other Income	13	14	12	12	14	19	9	12	8	10
Total Income	629	604	279	626	855	684	952	842	908	789
Total Expenditure	498	478	299	495	673	503	698	669	694	597
Operating Profit	131	127	-19	131	182	181	254	173	214	192
Interest	25	24	23	22	23	25	25	27	29	27
Depreciation	65	62	50	59	62	72	69	74	75	76
Exceptional Income / Expenses	-5	0	0	0	0	0	0	0	0	0
Profit Before Tax	36	40	-92	50	97	85	160	72	110	88
Provision for Tax	10	11	-23	13	25	22	40	17	27	23
Profit After Tax	26	29	-69	37	72	63	119	55	83	66
Adjustments	0	0	0	0	0	0	0	0	0	0
Profit After Adjustments	26	29	-69	37	72	63	119	55	83	66
Adjusted Earnings Per Share	2.1	2.3	-5.4	2.9	5.6	4.9	9.3	4.3	6.5	5.1

Bata india Profit & Loss

#(Fig in Cr.)	Dec 2011	Dec 2012	Dec 2013	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	TTM
Net Sales	1549	1842	2065	2694	2423	2474	2634	2931	3056	1708	2388	3452
Other Income	165	30	31	43	27	46	50	68	69	94	56	39
Total Income	1714	1873	2097	2737	2449	2520	2684	2999	3125	1803	2444	3491
Total Expenditure	1310	1556	1731	2343	2133	2185	2272	2443	2213	1542	1963	2658
Operating Profit	404	316	365	394	316	336	412	556	912	261	481	833
Interest	10	12	13	18	16	15	15	14	129	108	99	108
Depreciation	41	51	59	79	79	65	60	64	296	265	242	294
Exceptional Income / Expenses	0	0	-10	32	75	-22	0	0	0	-5	0	0
Profit Before Tax	352	253	283	329	297	234	337	478	487	-117	140	430
Provision for Tax	94	81	92	98	79	75	117	149	158	-27	37	107
Profit After Tax	259	172	191	231	217	159	221	329	329	-89	103	323
Adjustments	0	0	0	0	0	0	0	0	0	0	0	0
Profit After Adjustments	259	172	191	231	217	159	221	329	329	-89	103	323
Adjusted Earnings Per Share	20.1	13.4	14.9	18	16.9	12.4	17.2	25.6	25.6	-6.9	8	25.2

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	40%	-7%	-1%	4%
Operating Profit CAGR	84%	-5%	7%	2%
PAT CAGR	0%	-32%	-8%	-9%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	-10%	4%	15%	14%
ROE Average	6%	6%	11%	20%
ROCE Average	13%	16%	21%	32%

Bata india Balance Sheet

#(Fig in Cr.)	Dec 2011	Dec 2012	Dec 2013	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Shareholder's Funds	573	699	840	1021	1221	1324	1475	1742	1894	1758	1815
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	28	12	11	10	14	3	0	-7	927	723	789
Total Current Liabilities	288	374	463	518	409	495	561	630	801	713	817
Total Liabilities	888	1085	1314	1549	1644	1823	2036	2364	3621	3194	3421
Fixed Assets	221	243	248	309	304	268	296	317	1369	1120	1226
Other Non-Current Assets	94	119	142	225	182	193	185	207	249	217	195
Total Current Assets	574	723	923	1016	1158	1362	1555	1840	2003	1858	2000
Total Assets	888	1085	1314	1549	1644	1823	2036	2364	3621	3194	3421

Bata india Cash Flow

#(Fig in Cr.)	Dec 2011	Dec 2012	Dec 2013	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Opening Cash & Cash Equivalents	16	23	33	51	54	91	63	55	59	15	54
Cash Flow from Operating Activities	31	184	183	119	204	257	160	345	582	461	212
Cash Flow from Investing Activities	3	-128	-118	-66	-114	-229	-112	-278	-189	-53	93
Cash Flow from Financing Activities	-28	-46	-46	-50	-52	-56	-56	-63	-436	-369	-341
Net Cash Inflow / Outflow	7	11	18	2	37	-28	-7	4	-43	39	-37
Closing Cash & Cash Equivalent	23	33	51	54	91	63	56	59	15	54	18

Bata india Ratios

#	Dec 2011	Dec 2012	Dec 2013	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Earnings Per Share (Rs)	20.14	13.39	14.85	18	16.91	12.37	17.16	25.6	25.59	-6.95	8.01
CEPS(Rs)	23.35	17.39	19.46	24.17	23.05	17.43	21.86	30.58	48.61	13.65	26.84
DPS(Rs)	3	3	3.25	3.25	3.5	3.5	4	6.25	4	4	54.5
Book NAV/Share(Rs)	42.24	52.14	63.17	77.37	94.99	103.04	114.74	135.52	147.36	136.79	141.19
Core EBITDA Margin(%)	15.21	15.28	15.91	12.82	11.8	11.56	13.71	16.64	27.59	9.76	17.8
EBIT Margin(%)	23.09	14.14	14.11	12.66	12.72	9.94	13.32	16.78	20.15	-0.5	10.02
Pre Tax Margin(%)	22.43	13.5	13.48	12.02	12.07	9.34	12.76	16.3	15.94	-6.83	5.85
PAT Margin (%)	16.47	9.19	9.1	8.45	8.85	6.35	8.35	11.22	10.76	-5.23	4.31
Cash Profit Margin (%)	19.1	11.94	11.92	11.35	12.06	8.94	10.64	13.41	20.44	10.27	14.45
ROA(%)	29.08	17.44	15.91	16.16	13.62	9.17	11.43	14.95	10.99	-2.62	3.11
ROE(%)	57.46	28.37	25.76	25.61	19.63	12.49	15.76	20.46	18.1	-4.89	5.77
ROCE(%)	74.26	43.63	39.94	38.39	28.2	19.55	25.14	30.59	33.88	-0.47	13.39
Receivable days	7.2	7.44	8.34	7.29	9.62	10.23	10.97	9.69	7.74	15.24	11.55
Inventory Days	92.69	83.21	90.87	85.82	103.3	101.96	102.19	99.9	102.3	158.3	113.06
Payable days	115.83	86.67	97.08	94.79	108.61	116.16	134.82	141.16	143.45	205.52	150.44
PER(x)	13.17	32.38	35.57	30.3	29.98	45.88	42.55	55.03	48.1	0	244.84
Price/Book(x)	6.28	8.31	8.36	7.05	5.34	5.51	6.36	10.39	8.35	10.27	13.9
Dividend Yield(%)	1.13	0.69	0.62	0.6	0.69	0.62	0.55	0.44	0.32	0.28	2.78
EV/Net Sales(x)	2.12	2.92	3.16	2.52	2.55	2.74	3.34	5.89	4.86	9.93	10.16
EV/Core EBITDA(x)	8.13	17.04	17.89	17.24	19.51	20.18	21.32	31.05	16.3	65.01	50.4
Net Sales Growth(%)	21.42	18.94	12.09	30.45	-10.07	2.13	6.46	11.27	4.26	-44.1	39.76
EBIT Growth(%)	152.37	-27.07	11.85	17.14	-9.91	-20.33	41.39	39.82	25.2	-101.38	2908.41
PAT Growth(%)	192.92	-33.52	10.94	21.18	-6.03	-26.88	38.73	49.19	-0.01	-127.15	215.32
EPS Growth(%)	192.92	-33.52	10.94	21.18	-6.03	-26.88	38.73	49.2	-0.01	-127.15	215.32
Debt/Equity(x)	0	0	0	0	0	0	0	0	0	0	0
Current Ratio(x)	1.99	1.93	1.99	1.96	2.83	2.75	2.77	2.92	2.5	2.61	2.45
Quick Ratio(x)	0.63	0.7	0.74	0.6	1.15	1.31	1.41	1.59	1.41	1.75	1.38
Interest Cover(x)	35.11	22.07	22.56	19.51	19.78	16.6	23.74	34.46	4.79	-0.08	2.4
Total Debt/Mcap(x)	0	0	0	0	0	0	0	0	0	0	0

Bata india Shareholding Pattern

#	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023
Promoter	52.96	52.96	52.96	52.96	52.96	52.96	50.16	50.16	50.16	50.16
FII	5.55	5.33	5.23	5.35	6.01	6.66	6.84	7.87	4.86	5.85
DII	26.08	26	27.3	28	27.46	27.41	30.11	28.97	31.58	30.57
Public	15.42	15.71	14.51	13.69	13.57	12.97	12.89	13	13.4	13.42
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023
Promoter	6.81	6.81	6.81	6.81	6.81	6.81	6.45	6.45	6.45	6.45
FII	0.71	0.68	0.67	0.69	0.77	0.86	0.88	1.01	0.62	0.75
DII	3.35	3.34	3.51	3.6	3.53	3.52	3.87	3.72	4.06	3.93
Public	1.98	2.02	1.87	1.76	1.74	1.67	1.66	1.67	1.72	1.73
Others	0	0	0	0	0	0	0	0	0	0
Total	12.85	12.85	12.85	12.85	12.85	12.85	12.85	12.85	12.85	12.85

Pros

Debtor days have improved from 205.52 to 150.44days.
Company is almost debt free.

Cons

Company has a low return on equity of 6% over the last 3 years.
Stock is trading at 14 times its book value.
The company has delivered a poor profit growth of -8% 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.