BITS Ltd

BITS Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

BITS Ltd

₹ 28.0 1.97%
21 Nov - close price
bits.net.in BSE: 526709
About

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

Key Points

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.

Website BSE
  • Market Cap ₹ 313 Cr.
  • Current Price ₹ 28.0
  • High / Low ₹ 28.0 / 1.18
  • Stock P/E 129
  • Book Value ₹ 1.79
  • Dividend Yield 0.00 %
  • ROCE 12.7 %
  • ROE 12.7 %
  • Face Value ₹ 2.00
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Pros

  • Company is almost debt free.

Cons

  • Stock is trading at 15.6 times its book value
  • Company has a low return on equity of 4.02% 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

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
0.17 0.19 0.21 0.20 0.19 0.20 0.21 0.21 0.21 0.23 0.24 0.25 0.27
0.16 0.22 0.16 0.24 0.27 0.30 0.41 0.17 0.30 0.16 0.20 0.21 0.21
Operating Profit 0.01 -0.03 0.05 -0.04 -0.08 -0.10 -0.20 0.04 -0.09 0.07 0.04 0.04 0.06
OPM % 5.88% -15.79% 23.81% -20.00% -42.11% -50.00% -95.24% 19.05% -42.86% 30.43% 16.67% 16.00% 22.22%
0.10 0.12 0.00 0.09 0.18 -0.01 0.02 0.00 0.12 0.00 0.00 0.00 0.01
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 0.00
Depreciation 0.01 0.02 0.02 0.02 0.02 0.02 0.00 0.01 0.01 0.01 0.01 0.02 0.06
Profit before tax 0.10 0.07 0.03 0.03 0.08 -0.13 -0.18 0.03 0.02 0.06 0.03 0.02 0.01
Tax % 0.00% 28.57% -66.67% 33.33% -12.50% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.10 0.06 0.05 0.02 0.11 -0.01 -0.19 0.03 0.01 2.33 0.04 0.03 0.02
EPS in Rs 0.01 0.01 0.00 0.00 0.01 -0.00 -0.02 0.00 0.00 0.21 0.00 0.00 0.00
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
0.72 0.73 0.55 0.74 0.80 0.89 0.99
0.61 0.68 0.54 0.68 1.03 0.73 0.78
Operating Profit 0.11 0.05 0.01 0.06 -0.23 0.16 0.21
OPM % 15.28% 6.85% 1.82% 8.11% -28.75% 17.98% 21.21%
0.00 0.08 0.00 0.23 0.22 2.31 0.01
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.06 0.06 0.06 0.06 0.05 0.06 0.10
Profit before tax 0.05 0.07 -0.05 0.23 -0.06 2.41 0.12
Tax % 20.00% 0.00% 20.00% 0.00% 0.00% 0.00%
0.04 0.07 -0.06 0.23 -0.06 2.41 2.42
EPS in Rs 0.00 0.01 -0.01 0.02 -0.01 0.22 0.21
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: 4%
3 Years: 17%
TTM: 19%
Compounded Profit Growth
10 Years: %
5 Years: 126%
3 Years: 247%
TTM: 1613%
Stock Price CAGR
10 Years: 62%
5 Years: %
3 Years: %
1 Year: 2312%
Return on Equity
10 Years: %
5 Years: 2%
3 Years: 4%
Last Year: 13%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 22.38 22.38 22.38 22.38 22.38 22.38 22.38
Reserves -4.96 -4.89 -4.95 -4.73 -4.79 -2.37 -2.32
0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.89 0.80 0.76 0.52 0.52 0.57 0.57
Total Liabilities 18.31 18.29 18.19 18.17 18.11 20.58 20.63
1.99 1.94 1.88 1.89 1.85 2.68 2.98
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 2.00 2.08 2.08 2.04 2.02 4.43 4.13
14.32 14.27 14.23 14.24 14.24 13.47 13.52
Total Assets 18.31 18.29 18.19 18.17 18.11 20.58 20.63

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
0.04 -0.04 0.00 -0.16 0.16 1.02
-0.06 0.00 0.00 0.20 0.03 -0.98
0.00 0.00 0.00 0.00 0.00 0.00
Net Cash Flow -0.02 -0.05 0.00 0.04 0.19 0.03

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 0.00 0.00 0.00 9.86 13.69 4.10
Inventory Days
Days Payable
Cash Conversion Cycle 0.00 0.00 0.00 9.86 13.69 4.10
Working Capital Days -365.00 -320.00 -404.82 -152.91 -59.31 -61.52
ROCE % 0.40% -0.29% 0.00% -1.19% 12.66%

Shareholding Pattern

Numbers in percentages

1 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
65.07% 65.07% 65.07% 65.07% 65.07% 65.07% 65.07% 65.07% 65.07% 65.07% 65.07% 65.07%
0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07%
34.86% 34.86% 34.86% 34.86% 34.86% 34.86% 34.85% 34.86% 34.86% 34.85% 34.86% 34.86%
No. of Shareholders 16,75516,74616,74316,74216,74116,74116,73816,68816,55618,59720,63824,440

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports