Is Bata India a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Bata India Ltd is a good quality company .

Is Bata India undervalued or overvalued?

The key valuation ratios of Bata India Ltd's currently when compared to its past seem to suggest it is in the Fair zone .

What is Bata India share price return in the past 10 years?

Bata India Ltd share price has appreciated 7.1% annually (CAGR) over the past ten years.

Is Bata India a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Bata India Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

Bata India Ltd - Stock Valuation and Financial Performance

Name: Bata India
Brand: Bata India

BSE: 500043 | NSE: BATAINDIA | Footwear | Small Cap

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Bata india Share Price

₹1,281.90 -0.70 -0.05%
as on 21-Nov'24 16:59

10 Year X-Ray of Bata india:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	38.4%	28.2%	19.6%	25.1%	30.6%	33.9%	-0.5%	13.4%	33.7%	32.2%	-
Value Creation Index ⓘ	1.8	1.1	0.5	0.9	1.3	2.0	-1.0	0.2	1.5	1.4	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	2,155	2,423	2,474	2,634	2,931	3,056	1,708	2,388	3,452	3,479	3,483
Sales YoY Gr.	-	12.4%	2.1%	6.5%	11.3%	4.3%	-44.1%	39.8%	44.6%	0.8%	-
Adj EPS ⓘ	13.5	12.1	13.9	17.2	25.6	25.8	-6.6	8.1	25.2	22.7	27.1
YoY Gr.	-	-10.2%	14.6%	23.9%	49%	0.8%	-125.7%	NA	212.4%	-9.9%	-
BVPS (₹) ⓘ	61.9	95	103	114.7	135.5	147.4	136.8	141.2	111.9	118.8	114.3
Adj Net Profit ⓘ	173	156	178	221	329	332	-85.2	104	324	292	348
Cash Flow from Ops. ⓘ	95	204	257	160	345	582	461	212	629	453	-
Debt/CF from Ops. ⓘ	0	0	0	0	0	0	0	0	0	0	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	5.5%	3.5%	26.8%	0.8%
Adj EPS ⓘ	6%	-2.4%	NA	-9.9%
BVPSⓘ	7.5%	-2.6%	-4.6%	6.2%
Share Price	7.1%	-4.8%	-14.7%	-20.9%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	23.3	13.9	14	15.8	20.5	18.3	-4.7	5.8	19.9	19.7	23.2
Op. Profit Mgn % ⓘ	13.1	12.1	12	13.8	16.7	27.7	9.9	18	23.4	22.9	20.8
Net Profit Mgn % ⓘ	8	6.4	7.2	8.4	11.2	10.9	-5	4.3	9.4	8.4	10
Debt to Equity ⓘ	0	0	0	0	0	0	0	0	0	0	0
Working Cap Days ⓘ	118	146	144	148	145	147	236	166	137	144	86
Cash Conv. Cycle ⓘ	35	41	38	27	22	31	52	52	43	57	42

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 23.20%

Sales growth is growing at healthy rate in last 3 years 26.75%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at 0.91%

Latest Financials - Bata India Ltd.

	Standalone	Consolidated
TTM EPS (₹)	26.8	27.1
TTM Sales (₹ Cr.)	3,483	3,483
BVPS (₹.) ⓘ	113.8	114.3
Reserves (₹ Cr.) ⓘ	1,399	1,405
P/BV ⓘ	11.28	11.23
PE ⓘ	47.92	47.46

From the Market
52 Week Low / High (₹)	1269.00 / 1724.35
All Time Low / High (₹)	11.86 / 2261.65
Market Cap (₹ Cr.)	16,500
Equity (₹ Cr.)	64.3
Face Value (₹)	5
Industry PE ⓘ	63.9

Management X-Ray of Bata india:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Bata india

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Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Bata india

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	2,694	2,423	2,474	2,634	2,931	3,056	1,708	2,388	3,452	3,479
Operating Expenses ⓘ	2,343	2,133	2,185	2,272	2,443	2,213	1,542	1,963	2,647	2,684
Manufacturing Costs	111	102	110	115	119	134	87	106	149	156
Material Costs	1,238	1,152	1,158	1,202	1,287	1,297	837	1,087	1,514	1,492
Employee Cost	312	261	273	296	331	376	340	379	419	420
Other Costs ⓘ	682	618	644	659	706	406	278	392	566	615
Operating Profit ⓘ	351	290	290	362	488	843	167	425	804	795
Operating Profit Margin (%)	13.0%	12.0%	11.7%	13.7%	16.6%	27.6%	9.8%	17.8%	23.3%	22.9%
Other Income ⓘ	43	27	46	50	68	69	94	56	39	62
Interest ⓘ	18	16	15	15	14	129	108	99	118	126
Depreciation ⓘ	79	79	65	60	64	296	265	242	295	339
Exceptional Items ⓘ	32	75	-22	0	0	0	-5	0	0	-41
Profit Before Tax ⓘ	329	297	234	337	478	487	-117	140	430	351
Tax ⓘ	98	79	75	117	149	158	-27	37	107	88
Profit After Tax	231	217	159	221	329	329	-89	103	323	263
PAT Margin (%)	8.6%	9.0%	6.4%	8.4%	11.2%	10.8%	-5.2%	4.3%	9.4%	7.5%
Adjusted EPS (₹)	18.0	16.9	12.4	17.2	25.6	25.6	-7.0	8.0	25.1	20.4
Dividend Payout Ratio (%)	18%	21%	28%	23%	24%	16%	-58%	680%	54%	59%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	1,021	1,221	1,324	1,475	1,742	1,894	1,758	1,815	1,438	1,527
Share Capital ⓘ	64	64	64	64	64	64	64	64	64	64
Reserves ⓘ	957	1,157	1,260	1,410	1,678	1,830	1,694	1,750	1,374	1,463
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	0	0	0	0	0	0	0	0	0	0
Long Term Debt	0	0	0	0	0	0	0	0	0	0
Short Term Debt	0	0	0	0	0	0	0	0	0	0
Trade Payables	357	329	408	480	516	503	440	456	409	300
Others Liabilities ⓘ	171	94	90	81	107	1,224	996	1,150	1,443	1,499
Total Liabilities ⓘ	1,549	1,644	1,823	2,036	2,364	3,621	3,194	3,421	3,290	3,326
Fixed Assets
Gross Block	698	382	406	490	569	1,675	1,475	1,859	2,055	2,241
Accumulated Depreciation	389	78	138	193	253	305	355	633	663	732
Net Fixed Assetsⓘ	309	304	268	296	317	1,369	1,120	1,226	1,392	1,509
CWIP ⓘ	48	19	30	12	17	20	34	5	4	4
Investmentsⓘ	0	1	1	1	0	0	0	0	1	1
Inventories	705	685	714	765	839	874	608	871	905	930
Trade Receivables	58	71	69	89	66	63	79	72	83	80
Cash Equivalents	210	342	522	591	840	964	1,097	969	531	408
Others Assetsⓘ	219	222	219	281	284	331	256	279	376	395
Total Assets ⓘ	1,549	1,644	1,823	2,036	2,364	3,621	3,194	3,421	3,290	3,326

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	119	204	257	160	345	582	461	212	629	453
PBT ⓘ	329	297	234	337	478	487	-117	140	430	351
Adjustment ⓘ	55	56	35	23	3	350	311	283	374	401
Changes in Working Capital ⓘ	-122	-41	53	-84	5	-68	220	-204	-78	-204
Tax Paid ⓘ	-144	-108	-65	-115	-141	-187	47	-7	-97	-95
Cash Flow From Investing Activity ⓘ	-66	-114	-229	-112	-278	-189	-53	93	439	40
Capex	-134	-39	-48	-75	-82	-86	-36	-48	-90	-98
Net Investments	48	-93	-208	-76	-245	-167	-92	94	496	99
Others ⓘ	20	18	26	40	49	64	75	47	32	39
Cash Flow From Financing Activityⓘ	-50	-52	-56	-56	-63	-436	-369	-341	-1,011	-518
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	-2	-2	-2	-2	-1	-1	-1	-1	-106	-115
Dividend Paid ⓘ	-42	-42	-45	-45	-51	-80	-51	-51	-699	-173
Others ⓘ	-7	-9	-9	-9	-11	-354	-316	-289	-206	-230
Net Cash Flow ⓘ	2	37	-28	-7	4	-43	39	-37	57	-24

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	25.61	19.63	12.49	15.76	20.46	18.1	-4.89	5.77	19.86	17.71
ROCE (%)	38.39	28.2	19.55	25.14	30.59	33.88	-0.47	13.39	33.7	32.16
Asset Turnover Ratio	1.91	1.54	1.44	1.37	1.33	1.02	0.5	0.72	1.03	1.05
PAT to CFO Conversion(x)	0.52	0.94	1.62	0.72	1.05	1.77	N/A	2.06	1.95	1.72
Working Capital Days
Receivable Days	7	10	10	11	10	8	15	12	8	9
Inventory Days	86	103	102	102	100	102	158	113	94	96
Payable Days	95	109	116	135	141	143	206	150	104	87

Bata India Ltd Stock News

Bata India Ltd FAQs

What is the share price of Bata india?

Company share prices are keep on changing according to the market conditions. The closing price of Bata india on 21-Nov-2024 16:59 is ₹1,281.9.

What is the market cap of Bata india?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 21-Nov-2024 16:59 the market cap of Bata india stood at ₹16,500.4.

What is the P/E ratio of Bata india?

The latest P/E ratio of Bata india as of 21-Nov-2024 16:59 is 47.92.

What is the P/B ratio of Bata india?

The latest P/B ratio of Bata india as of 21-Nov-2024 16:59 is 11.28.

What is the 52-week high and low of Bata india?

The 52-week high of Bata india is ₹1,724.4 and the 52-week low is ₹1,269.

What is the TTM revenue of Bata india?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Bata india is ₹3,483 ( Cr.) .

About Bata India Ltd

Bata India has incorporated as Bata Shoe Company Private Limited in 1931. The company was set up initially as a small operation in Konnagar (near Calcutta) in 1932. In January 1934, the foundation stone for the first building of Bata’s operation - now called the Bata. In the years that followed, the overall site was doubled in area. This township is popularly known as Batanagar. It was also the first manufacturing facility in the Indian shoe industry to receive the ISO: 9001 certification. The company went public in 1973 when it changed its name to Bata India. Today, Bata India has established itself as India’s largest footwear retailer. Its retail network of several stores gives it a reach / coverage that no other footwear company can match. The stores are present in good locations and can be found in all the metros, mini-metros and towns. Bata’s smart looking new stores supported by a range of better quality products are aimed at offering a superior shopping experience to its customers. The company also operates a large non retail distribution network through its urban wholesale division and caters to millions of customers through many dealers.

Business area of the company

The company is the largest retailer and leading manufacturer of footwear in India and is a part of the Bata Shoe Organization. The company’s four state-of-the-art production facilities are located strategically across India, producing all kinds of footwear. Currently, the company owns brands like Mocassino, Hush Puppies, Scholls, North Star, Power, Marie Claire, Bubblegummers, Ambassador, Comfit.

Awards

2010:

'Brand Equity' recognized Bata in the 'TOP 50 Most Trusted Brands'.
Listed amongst India's Largest Corporations by Fortune India Magazine.
Received Images Fashion Award for the Most Admired Retail Partner of the Year.
Received the ‘Most Admired Footwear Brand’ of the year award by Images Fashion Forum.

2011:

Awarded ‘Retailer of Year (Footwear/Non Apparel)’ by the Asia Retail Congress at Mumbai.
Received the ‘Most Admired Footwear Brand’ of the year award by Images Fashion Forum in Mumbai.
Amity University awarded Bata India ‘Corporate Excellence Award for the Best Retail Chain’.
Recognized as the Most Trusted Brand at 18th position by the Brand Trust Report.
Awarded the ‘SUPERBRANDS’ status again for the year 2012.

2012:

Brand equity recognized Bata as one of the 'Top most trusted brands' in November 2012.
Awarded the 'Most Admired Large Format Multi Brand Footwear Retailer of the Year - National Chain' by the Images Shoes & Accessories forum.
Awarded the 'Customer & Brand Loyalty Award in the Footwear Sector ' from AIMIA.
The Brand Trust Report recognized Bata India as the most trusted brand at the 18th position.

2013:

Bagged the No. 1 position in the FOOTWEAR category by Brand Equity.
Awarded Images Most Admired National Footwear Retail Chain of the Year.
Ranked at the 11th position by DNA Newspaper on the basis of a survey conducted by research firm TRA amongst the top Brands in India.

2014-15:

'Pitch Top 50 Brands 2014' Awards by Pitch Magazine.
'Platinum Awards Winner-2014'- Reader's Digest Trusted Brands by India Today.
'The Economic Times Best 200 Brands in India' by The Economic Times.
'Dun & Bradstreet Corporate Awards -2014' by Dun & Bradstreet.
Brand Equity recognized BATA in the ‘Top 50 Most Trusted Brands’ of the Country and recognized BATA at the 9th position.
'Delhi NCR's Hot 50 Brands' Awards by Hindustan Times.
'Golden Global Achiever's' Awards by Institute of Economic Studies.
'Child's Most Popular Award - 2014' by The Child Magazine.

2015-16:

Dun & Bradstreet Corporate Awards-2015.
The Most Trusted Brand-Brand Trust Report, India Study 2015.
Best Footwear Brand 2015 - Brand with outstanding e-Retail Performance and re-design/re-launch of the Year by Franchise India.

2017-18:

IMAGES Most Admired Footwear Brand of the year 2017 at the 18th Annual IMAGES Fashion Awards.
Featured among AFAQ’S 2017 India’s Buzziest Brands.
Dun & Bradstreet corporate award 2017.

2018-19:

Awarded for Most Admired Fashion Brand of the Year at India Fashion Forum.
Awarded as Most Admired Fashion Brand of the Year (FOOTWEAR) at 19th Annual IMAGES Fashion Awards.
Awarded for Outstanding Sales in 2017-18 for Hush Puppies.
Named the Champion in Supplier Development at 11th CII National Competitiveness and Cluster Summit, 2018.
Named the 2018 Reader’s Digest Most Trusted Brand.

2019-20:

Best Customer Retail Experience’2019 Awarded by Customer Fest Awards.
Most Admired Fashion Brand of The Year (Footwear)’ 2019 Awarded by Images Fashion Awards.
Most Influential Brand of The Year’2019 Awarded by Images Fashion Awards.
Best Innovation in Retention Strategy’2019 Awarded by RAI.
Silver Kaizen for ‘5S & Safety’ Awarded at 12th CII National Competitiveness & Cluster Summit 2019.
Marquee 2019 Award by AdClub.
Winner ‘Zero Defect Manufacturing’ Case Study Awarded at 12th CII National Competitiveness & Cluster Summit 2019.
Recognition for ‘OEM Initiative For Supplier Development’ Awarded at 12th CII National Competitiveness & Cluster Summit 2019.
Winner ‘Cluster Approach On Supplier Development’ Awarded at 12th CII National Competitiveness & Cluster Summit 2019.