BITS Ltd
BITS is engaged in the business to impart education in field of Art, Commerce, Science, Computer Software, Computer Hardware, Business Management, Hotel Management, Engineering & Technical Education and in all innovative fields that may be useful to segme
- Market Cap ₹ 40.9 Cr.
- Current Price ₹ 3.66
- High / Low ₹ 4.24 / 0.30
- Stock P/E 292
- Book Value ₹ 1.58
- Dividend Yield 0.00 %
- ROCE 0.74 %
- ROE 0.79 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
Cons
- Company has a low return on equity of -0.13% over last 3 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.
Peer comparison
Sector: Computer Education Industry: Computers - Education
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.04 | 0.16 | 0.22 | 0.23 | 3.58 | 0.61 | 0.72 | 0.73 | 0.55 | 0.74 | 0.80 | 0.89 | |
0.17 | 0.67 | 1.10 | 12.51 | 10.56 | 2.07 | 0.61 | 0.68 | 0.55 | 0.68 | 1.02 | 0.83 | |
Operating Profit | -0.13 | -0.51 | -0.88 | -12.28 | -6.98 | -1.46 | 0.11 | 0.05 | 0.00 | 0.06 | -0.22 | 0.06 |
OPM % | -325.00% | -318.75% | -400.00% | -5,339.13% | -194.97% | -239.34% | 15.28% | 6.85% | 0.00% | 8.11% | -27.50% | 6.74% |
0.33 | -2.62 | 0.81 | 0.86 | 1.08 | 0.01 | 0.00 | 0.01 | 0.00 | 0.23 | 0.28 | 0.13 | |
Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Depreciation | 0.06 | 0.06 | 0.07 | 0.01 | 0.01 | 0.05 | 0.06 | 0.06 | 0.06 | 0.06 | 0.05 | 0.06 |
Profit before tax | 0.14 | -3.19 | -0.14 | -11.43 | -5.91 | -1.50 | 0.05 | 0.00 | -0.06 | 0.23 | 0.01 | 0.13 |
Tax % | 7.14% | -0.31% | 214.29% | -0.35% | -1.18% | -1.33% | 20.00% | -16.67% | 0.00% | 0.00% | 0.00% | |
0.13 | -3.20 | 0.17 | -11.47 | -5.98 | -1.51 | 0.05 | 0.00 | -0.07 | 0.23 | 0.01 | 0.14 | |
EPS in Rs | 0.01 | -0.29 | 0.02 | -1.03 | -0.53 | -0.13 | 0.00 | 0.00 | -0.01 | 0.02 | 0.00 | 0.01 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | 19% |
5 Years: | 4% |
3 Years: | 17% |
TTM: | 11% |
Compounded Profit Growth | |
---|---|
10 Years: | 11% |
5 Years: | 23% |
3 Years: | 59% |
TTM: | 167% |
Stock Price CAGR | |
---|---|
10 Years: | 23% |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | -9% |
5 Years: | 0% |
3 Years: | 0% |
Last Year: | 1% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 22.38 | 22.38 | 22.38 | 22.38 | 22.38 | 22.38 | 22.38 | 22.38 | 22.38 | 22.38 | 22.38 | 22.38 |
Reserves | 17.00 | 13.79 | 13.96 | 2.49 | -3.49 | -5.00 | -4.96 | -4.96 | -5.02 | -4.79 | -4.79 | -4.65 |
0.20 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
19.68 | 17.57 | 16.43 | 9.47 | 8.79 | 0.97 | 0.90 | 0.80 | 0.76 | 0.51 | 0.52 | 0.58 | |
Total Liabilities | 59.26 | 53.74 | 52.77 | 34.34 | 27.68 | 18.35 | 18.32 | 18.22 | 18.12 | 18.10 | 18.11 | 18.31 |
1.81 | 1.80 | 0.11 | 0.10 | 1.72 | 2.03 | 1.99 | 1.94 | 1.88 | 1.89 | 1.85 | 2.68 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 21.81 | 10.88 | 12.51 | 12.99 | 11.40 | 1.96 | 2.01 | 2.01 | 2.01 | 1.97 | 2.03 | 2.16 |
35.64 | 41.06 | 40.15 | 21.25 | 14.56 | 14.36 | 14.32 | 14.27 | 14.23 | 14.24 | 14.23 | 13.47 | |
Total Assets | 59.26 | 53.74 | 52.77 | 34.34 | 27.68 | 18.35 | 18.32 | 18.22 | 18.12 | 18.10 | 18.11 | 18.31 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
19.24 | -2.07 | -0.10 | 0.51 | -0.13 | -8.55 | 0.04 | -0.04 | 0.00 | -0.16 | 0.16 | 1.02 | |
-19.18 | 1.96 | -0.01 | -0.48 | 0.30 | 8.36 | -0.06 | 0.00 | 0.00 | 0.20 | 0.02 | -0.98 | |
0.00 | 0.20 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
Net Cash Flow | 0.06 | 0.09 | -0.11 | 0.03 | 0.17 | -0.19 | -0.02 | -0.05 | 0.00 | 0.04 | 0.19 | 0.03 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 225,296.25 | 56,324.06 | 40,962.95 | 10,458.04 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 9.86 | 13.69 | 4.10 |
Inventory Days | 37,138.75 | 10,246.07 | 6,807.25 | 5,823.41 | 0.00 | |||||||
Days Payable | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||
Cash Conversion Cycle | 262,435.00 | 66,570.13 | 47,770.20 | 16,281.45 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 9.86 | 13.69 | 4.10 |
Working Capital Days | 147,551.25 | 53,883.12 | 39,254.09 | 18,551.52 | -885.99 | -508.61 | -365.00 | -320.00 | -404.82 | -152.91 | -182.50 | -61.52 |
ROCE % | 0.35% | -0.40% | -0.39% | -37.35% | -27.01% | -8.33% | 0.29% | 0.00% | -0.35% | 0.00% | -1.19% |
Documents
Announcements
- Closure of Trading Window 25 Jun
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
31 May - Submission of newspaper cuttings of Audited Standalone & Consolidated Financial Statements for the Quarter & Year Ended 31.03.2024, published in newspaper.
- Audited Standalone And Consolidated Financial Statements For The Year Ended On 31.03.2024 29 May
- Board Meeting Outcome for OUTCOME OF BOARD MEETING HELD ON 29TH MAY, 2024 29 May
- Board Meeting Intimation for Approval Of Audited Financial Results Of The Company, Both On Standalone And Consolidated Basis, For The Quarter And Financial Year Ended March 31, 2024 22 May
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2010
from bse
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Financial Year 2009
from bse
Business[1]
The main business of the company is to impart education in fields of Art, Commerce, Science, Computer Software, Computer Hardware, Business Management, Hotel Management, Engineering, and Technical Education and in all innovative fields that may be useful to segments of society by setting up centers, institutes, colleges, universities including Distance Learning Programmes, etc. Also to impart Corporate Management Training through classroom training and various other modes.