Bata India Ltd

Bata India Ltd

₹ 1,210 -1.25%
04 Apr - close price
About

Bata India is primarily engaged in the business of manufacturing and trading of footwear and accessories through its retail and wholesale network.

Key Points

Parentage
As of June 2024, the Bata Corporation holds a 50% stake in the company. Founded in 1894 in the Czech Republic, Bata Corporation is the world's leading shoemaker by volume having a retail presence of over 5,300 shops in more than 70 countries across 5 continents, and operates 21 production facilities in 18 countries. [1] [2]

  • Market Cap 15,553 Cr.
  • Current Price 1,210
  • High / Low 1,633 / 1,176
  • Stock P/E 62.9
  • Book Value 114
  • Dividend Yield 0.99 %
  • ROCE 18.6 %
  • ROE 19.7 %
  • Face Value 5.00

Pros

  • Company has been maintaining a healthy dividend payout of 269%

Cons

  • Stock is trading at 10.6 times its book value

* 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.

S.No. Name CMP Rs. P/E Mar Cap Rs.Cr. Div Yld % NP Qtr Rs.Cr. Qtr Profit Var % Sales Qtr Rs.Cr. Qtr Sales Var % ROCE %
1. Metro Brands 1067.2070.6929054.480.4795.08-3.30703.0910.6419.66
2. Bata India 1210.1062.8815553.120.9958.1714.20918.481.6618.63
3. Relaxo Footwear 416.6059.0910370.780.7233.01-14.42666.90-6.4313.86
4. Campus Activewe. 239.7461.587321.620.2946.4786.70514.809.0716.71
5. Mayur Uniquoters 487.9015.542144.450.6129.842.02194.9311.6218.75
6. Bhartiya Intl. 466.00264.63568.960.00-1.5253.54262.9732.586.61
7. Khadim India 299.95106.63551.260.001.16-36.26160.172.547.80
Median: 13 Co. 299.9562.05551.260.292.1814.2163.889.079.15

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024
841 665 943 830 900 779 958 819 903 798 945 837 918
673 503 698 669 694 599 718 637 722 618 759 662 719
Operating Profit 169 162 245 161 206 179 240 182 182 179 185 175 199
OPM % 20% 24% 26% 19% 23% 23% 25% 22% 20% 22% 20% 21% 22%
14 19 9 8 8 13 13 -25 11 22 150 17 -1
Interest 23 25 25 27 29 27 28 28 29 31 31 32 31
Depreciation 62 72 69 74 75 76 81 82 86 90 87 90 90
Profit before tax 97 84 160 68 110 88 144 47 77 80 217 70 77
Tax % 26% 26% 25% 25% 24% 26% 25% 26% 26% 25% 20% 25% 24%
72 63 119 51 83 66 108 34 57 60 174 52 58
EPS in Rs 5.63 4.89 9.29 3.98 6.47 5.10 8.39 2.68 4.46 4.69 13.57 4.07 4.53
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Dec 2012 Dec 2013 Mar 2015 15m Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
1,842 2,065 2,694 2,415 2,467 2,629 2,928 3,053 1,707 2,388 3,452 3,478 3,498
1,556 1,728 2,343 2,121 2,172 2,263 2,438 2,210 1,539 1,963 2,648 2,684 2,759
Operating Profit 287 338 351 295 295 366 490 844 168 425 804 794 739
OPM % 16% 16% 13% 12% 12% 14% 17% 28% 10% 18% 23% 23% 21%
29 17 75 97 19 49 66 66 87 54 35 19 188
Interest 12 13 18 16 15 15 14 129 108 99 118 126 125
Depreciation 51 59 79 79 65 60 64 296 265 242 295 339 358
Profit before tax 252 283 329 297 234 340 478 485 -118 137 426 349 444
Tax % 32% 33% 30% 27% 32% 34% 31% 33% -23% 26% 25% 25%
172 191 231 218 159 224 330 327 -90 101 319 260 345
EPS in Rs 13.35 14.84 17.99 16.93 12.35 17.40 25.65 25.44 -7.02 7.85 24.83 20.22 26.86
Dividend Payout % 22% 22% 18% 21% 28% 23% 24% 16% -57% 694% 54% 59%
Compounded Sales Growth
10 Years: 5%
5 Years: 4%
3 Years: 27%
TTM: 1%
Compounded Profit Growth
10 Years: 4%
5 Years: -3%
3 Years: 76%
TTM: -15%
Stock Price CAGR
10 Years: 8%
5 Years: 0%
3 Years: -16%
1 Year: -11%
Return on Equity
10 Years: 14%
5 Years: 11%
3 Years: 15%
Last Year: 20%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Dec 2012 Dec 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 64 64 64 64 64 64 64 64 64 64 64 64 64
Reserves 636 777 958 1,158 1,261 1,414 1,682 1,832 1,696 1,750 1,370 1,456 1,399
0 0 0 0 0 0 0 1,249 1,032 1,094 1,245 1,355 1,438
430 542 615 508 597 666 732 589 542 616 587 464 579
Total Liabilities 1,130 1,383 1,637 1,730 1,923 2,145 2,479 3,735 3,334 3,525 3,265 3,340 3,480
241 246 307 302 266 294 315 1,368 1,118 1,224 1,389 1,505 1,567
CWIP 18 24 48 19 30 12 17 20 34 5 4 4 6
Investments 5 5 5 5 5 5 5 5 5 5 5 5 5
866 1,108 1,278 1,404 1,622 1,833 2,142 2,343 2,178 2,291 1,868 1,826 1,902
Total Assets 1,130 1,383 1,637 1,730 1,923 2,145 2,479 3,735 3,334 3,525 3,265 3,340 3,480

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Dec 2012 Dec 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
185 182 119 204 262 156 344 580 458 212 629 459
-129 -117 -66 -116 -233 -107 -277 -187 -50 93 438 33
-46 -46 -50 -52 -56 -56 -63 -436 -369 -341 -1,010 -517
Net Cash Flow 10 19 2 37 -27 -7 4 -44 39 -37 57 -25

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Dec 2012 Dec 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 9 9 8 11 10 12 8 7 17 11 9 8
Inventory Days 194 224 208 216 223 233 238 246 265 292 218 227
Days Payable 92 110 105 104 129 146 147 142 192 153 99 73
Cash Conversion Cycle 111 123 111 123 104 99 100 112 90 150 128 162
Working Capital Days 32 36 39 61 50 55 46 54 48 64 52 71
ROCE % 42% 40% 34% 22% 22% 25% 31% 25% -0% 8% 20% 19%

Shareholding Pattern

Numbers in percentages

Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
52.96% 50.16% 50.16% 50.16% 50.16% 50.16% 50.16% 50.16% 50.16% 50.16% 50.16% 50.16%
6.66% 6.84% 7.87% 4.86% 5.85% 6.63% 7.51% 7.88% 8.24% 7.63% 8.81% 7.48%
27.41% 30.11% 28.97% 31.58% 30.56% 30.31% 29.97% 29.69% 28.31% 27.52% 27.12% 29.15%
12.97% 12.89% 13.00% 13.41% 13.42% 12.89% 12.36% 12.26% 13.28% 14.70% 13.89% 13.21%
No. of Shareholders 2,02,5432,06,8982,16,9792,28,6782,31,0722,22,9092,09,8462,04,8612,23,1362,53,3342,37,7352,33,660

* 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.

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Documents

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