Bata India Ltd
Bata India is primarily engaged in the business of manufacturing and trading of footwear and accessories through its retail and wholesale network.
- 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.
Peer comparison
Sector: Leather Industry: Leather / Leather Products
Part of Nifty Smallcap 100 BSE 500 BSE 400 MidSmallCap Index BSE Allcap Nifty 500
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 | 1067.20 | 70.69 | 29054.48 | 0.47 | 95.08 | -3.30 | 703.09 | 10.64 | 19.66 |
2. | Bata India | 1210.10 | 62.88 | 15553.12 | 0.99 | 58.17 | 14.20 | 918.48 | 1.66 | 18.63 |
3. | Relaxo Footwear | 416.60 | 59.09 | 10370.78 | 0.72 | 33.01 | -14.42 | 666.90 | -6.43 | 13.86 |
4. | Campus Activewe. | 239.74 | 61.58 | 7321.62 | 0.29 | 46.47 | 86.70 | 514.80 | 9.07 | 16.71 |
5. | Mayur Uniquoters | 487.90 | 15.54 | 2144.45 | 0.61 | 29.84 | 2.02 | 194.93 | 11.62 | 18.75 |
6. | Bhartiya Intl. | 466.00 | 264.63 | 568.96 | 0.00 | -1.52 | 53.54 | 262.97 | 32.58 | 6.61 |
7. | Khadim India | 299.95 | 106.63 | 551.26 | 0.00 | 1.16 | -36.26 | 160.17 | 2.54 | 7.80 |
Median: 13 Co. | 299.95 | 62.05 | 551.26 | 0.29 | 2.18 | 14.2 | 163.88 | 9.07 | 9.15 |
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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% |
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
17h - Submission of certificate under SEBI regulations for Q1 2025.
- Closure of Trading Window 21 Mar
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Intimation Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 (As Amended)
17 Mar - Disclosure of tax demand order received by company.
- Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot 1 Mar
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 1 Mar
Annual reports
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Financial Year 2024
from bse
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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
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from nse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2011
from nse
Concalls
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Feb 2025Transcript PPT
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Nov 2024Transcript PPT
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Aug 2024Transcript PPT
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Jun 2024Transcript PPT
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT
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Aug 2023Transcript PPT
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May 2023Transcript PPT
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Feb 2023Transcript PPT
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Nov 2022Transcript PPT
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Nov 2022TranscriptNotesPPT
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Aug 2022Transcript PPT
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May 2022Transcript PPT
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Feb 2022TranscriptNotesPPT
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Nov 2021TranscriptNotesPPT
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]