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Bata India Ltd

BATAINDIA

Bata India Ltd

BATAINDIA
Consumer DiscretionaryFootwear
SmallcapWith a market cap of ₹17,515 cr, stock is ranked 382
Low RiskStock is 1.48x as volatile as Nifty
1,350.450.81% (-11.05)
1,350.450.81% (-11.05)

Price Chart

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Consumer DiscretionaryFootwear
SmallcapWith a market cap of ₹17,515 cr, stock is ranked 382
Low RiskStock is 1.48x as volatile as Nifty
Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Avg

The stock is overpriced but is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

Consumer DiscretionaryFootwear
SmallcapWith a market cap of ₹17,515 cr, stock is ranked 382
Low RiskStock is 1.48x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
50.3811.470.88%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
38.536.710.73%

Forecast & Ratings

Detailed Forecast 
38%
Analysts have suggested that investors can buy this stock

from 16 analysts

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Bata India Limited is engaged in the business of manufacturing and trading of footwear and accessories through its retail and wholesale network, and development of real estate.

Investor Presentation

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Nov 8, 2024

PDF
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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Higher than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 3.37%, vs industry avg of 3.27%

Increasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 29.45% to 29.64%

Lower than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of -4.41%, vs industry avg of 4.6%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue2,553.072,520.282,684.502,999.323,124.791,802.572,443.713,490.253,540.333,683.44
Raw Materialssubtract1,144.471,186.311,254.991,366.851,330.57575.771,342.251,549.721,524.952,758.85
Power & Fuel Costsubtract55.2953.7255.9657.7160.2238.8343.4056.2259.53
Employee Costsubtract261.49294.86295.61331.08376.42339.82378.68418.69419.96
Selling & Administrative Expensessubtract595.89614.42612.52665.81361.57253.81404.57598.32656.26
Operating & Other expensessubtract104.7857.0853.1021.8784.27338.11-206.3024.4463.84
Depreciation/Amortizationsubtract78.8265.0460.4564.05295.80264.75241.96294.78339.08353.70
Interest & Other Itemssubtract15.7914.9914.8214.28128.71108.1299.43118.24126.08123.02
Taxes & Other Itemssubtract79.1674.91116.53148.69158.29-27.3236.71106.8388.12100.18
EPS16.9112.3717.1625.6025.59-6.958.0125.1320.4227.05
DPS3.503.504.006.254.004.0054.5013.5012.0022.00
Payout ratio0.210.280.230.240.166.800.540.590.81

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2022

Annual report

PDF

Investor Presentation

May 27PDF
Feb 8PDF
FY 2023

Annual report

PDF

Investor Presentation

May 19PDF
Nov 14PDF
Aug 16PDF
FY 2025

Annual Report Pending

Investor Presentation

Nov 8PDF
 

Peers & Comparison

Comparing 3 stocks from 
Consumer DiscretionaryFootwear

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Bata India Ltd66.7211.470.88%
Metro Brands Ltd81.4217.740.40%
Relaxo Footwears Ltd77.817.790.48%
Liberty Shoes Ltd73.083.90

Price Comparison

Compare BATAINDIA with any stock or ETF
Compare BATAINDIA with any stock or ETF
BATAINDIA
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Increased Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has increased by 1.19%

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding50.16%14.16%12.96%8.81%13.90%

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Shareholding History

JunSepDec '23MarJunSep6.63%7.51%7.88%8.24%7.63%8.81%

Mutual Funds Holding Trend

Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

Top 5 Mutual Funds holding Bata India Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
Mirae Asset Large & Midcap Fund - Growth - Direct Plan

Growth
2.3253%1.05%-0.07%29/110 (-5)
Canara Robeco Emerging Equities - Growth - Direct Plan

Growth
1.5609%1.11%0.18%22/96 (+5)
Nippon India Growth Fund - Growth Option - Direct Plan

Growth
1.4499%0.73%0.28%70/103 (+13)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

No Dividend Cuts

Dividends are the portion of earnings that a company distributes to all its shareholders every year

BATAINDIA has increased or maintained dividend levels over the last 5 years

Dividend Yield

Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 0.88%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹8.81 every year

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateAug 16, 2024

Interim
Interim | Div/Share: ₹10.00

Dividend/Share

10.00

Ex DateEx Date

Aug 16, 2024

Cash Dividend

Ex DateEx DateJul 31, 2024

Final
Final | Div/Share: ₹12.00

Dividend/Share

12.00

Ex DateEx Date

Jul 31, 2024

Cash Dividend

Ex DateEx DateAug 3, 2023

Final
Final | Div/Share: ₹13.50

Dividend/Share

13.50

Ex DateEx Date

Aug 3, 2023

Cash Dividend

Ex DateEx DateAug 4, 2022

Final
Final | Div/Share: ₹4.00

Dividend/Share

4.00

Ex DateEx Date

Aug 4, 2022

Cash Dividend

Ex DateEx DateAug 4, 2022

Special
Special | Div/Share: ₹50.50

Dividend/Share

50.50

Ex DateEx Date

Aug 4, 2022

News & Opinions
Spotlight
Bata India appoints Amit Aggarwal as whole time director & CFO

Further, Durgesh Singh, who was appointed as CFO (KMP), with effect from 1 December 2024, to facilitate smooth transition upon induction of Director Finance and CFO in due course, has now accordingly ceased to hold the position. Amit Aggarwal With 20 and more years of extensive experience in financial management, business strategy and digital transformation across the FMCG and D2C sectors, Amit brings a wealth of expertise in driving profitability, optimizing costs, mitigating risks and strengthening governance frameworks. A qualified chartered accountant (ICAI, 2002) with an advanced general management certification from IIM Kolkata, Aggarwal combines technical proficiency with visionary leadership to deliver impactful results. Amit Aggarwal joins Bata India from SUGAR Cosmetics (Vellvette Lifestyle), where Amit was working as CFO. Amit Aggarwal has previously worked with reputed organizations like Marico, Nestle India, etc., at various positions, including head finance, head of corporate finance & internal audit, etc. Bata India is the largest retailer and manufacturer of footwear in the country. The company is engaged in the business of manufacturing and trading of footwear and accessories through their retail and wholesale network. Their products include leather footwear, rubber/canvas footwear, and plastic footwear. Bata India's consolidated net profit jumped 52.89% to Rs 51.97 crore in Q2 FY25 as against Rs 33.99 crore posted in Q2 FY24. Revenue from operations rose 2.19% year on year (YoY) to Rs 837.14 crore in the quarter ended 30 September 2024. Shares of Bata India shed 0.67% to currently trade at Rs 1,334 on the BSE.Powered by Capital Market - Live

3 days agoCapital Market - Live
Spotlight
Bata India gains on appointing Durgesh Singh as CFO

Durgesh Singh is a qualified Chartered Accountant and qualified Company Secretary with over 20 years of professional experience. He has been playing strategic part in the finance function of the Company since last 9 years. Throughout Durgesh career, Singh has developed deep proficiency in finance, strategy, compliance, taxation, treasury, business planning and commercial operations. Durgesh has worked with reputed organizations such as Bharti Airtel, Apollo Tyres and Aditya Birla Group, at various positions demonstrating exceptional leadership and strategic acumen. Bata India is the largest retailer and manufacturer of footwear in the country. The company is engaged in the business of manufacturing and trading of footwear and accessories through their retail and wholesale network. Their products include leather footwear, rubber/canvas footwear and plastic footwear. Bata India's consolidated net profit jumped 52.89% to Rs 51.97 crore in Q2 FY25 as against Rs 33.99 crore posted in Q2 FY24. Revenue from operations rose 2.19% year on year (YoY) to Rs 837.14 crore in the quarter ended 30 September 2024.Powered by Capital Market - Live

1 month agoCapital Market - Live
Live Market Update
Nifty slides below 23,950; pharma shares decline for 2nd day

The frontline indices traded with modest losses in mid-morning trade. The Nifty traded below the 23,950 mark. Pharma shares extended losses for the second consecutive trading session. At 11:30 IST, the barometer index, the S&P BSE Sensex fell 233.84 points or 0.30% to 78,547.28. The Nifty 50 index lost 71.75 points or 0.30% to 23,923.60. In the broader market, the S&P BSE Mid-Cap index fell 0.56% and the S&P BSE Small-Cap index shed 0.10%. The market breadth was positive. On the BSE, 2,130 shares rose and 1,610 shares fell. A total of 145 shares were unchanged. IPO Update: The initial public offer (IPO) of Sagility India received bids for 3,10,67,500 shares as against 38,70,64,594 shares on offer, according to stock exchange data at 11:20 IST on Tuesday (05 November 2024). The issue was subscribed 0.08 times. The issue opened for bidding on Tuesday (05 November 2024) and it will close on Thursday (07 November 2024). The price band of the IPO is fixed between Rs 28 to Rs 30 per share. An investor can bid for a minimum of 500 equity shares and in multiples thereof. Buzzing Index: The Nifty Pharma index fell 0.49% to 22,528.25. The index slipped 1.22% in two consecutive past trading sessions. Lupin (down 2.91%), Zydus Lifesciences (down 2.72%), Mankind Pharma (down 2.25%), Divis Laboratories (down 2.13%), Aurobindo Pharma (down 2.1%), Alkem Laboratories (down 2.08%), Torrent Pharmaceuticals (down 1.18%), Granules India (down 1.17%), Dr Reddys Laboratories (down 0.95%) and Abbott India (down 0.88%) declined. On the other hand, Gland Pharma (up 12.08%), Ajanta Pharma (up 3.09%) and J B Chemicals & Pharmaceuticals (up 1.48%) edged higher. Stocks in Spotlight: Bata India shed 0.44%. The company's consolidated net profit jumped 52.89% to Rs 51.97 crore in Q2 FY25 as against Rs 33.99 crore posted in Q2 FY24. Revenue from operations rose 2.19% year on year (YoY) to Rs 837.14 crore in the quarter ended 30 September 2024. Gland Pharma surged 12.06% after the company's net profit increased 9.39% to Rs 281.71 crore on 5.18% rise in revenue from operations to Rs 1,062.99 crore in Q2 FY25 over Q1 FY25. Tilaknagar Industries soared 16.58% after the firm's consolidated net profit surged 57.21% to Rs 58.23 crore on 9.75% rise in revenue from operations to Rs 823.32 crore in Q2 FY25 over Q2 FY24. Global Markets: Most Asian shares traded mixed on Tuesday as investors remained cautious ahead of the closely watched U.S. presidential election later in the day. Chinese markets were buoyed by strong business activity data. Investors are also closely monitoring the meeting of China's National People's Congress this week, anticipating further clues on fiscal spending. Regional markets took a neutral stance following a negative session on Wall Street. The S&P 500 declined 0.28%, the NASDAQ Composite fell 0.33% and the Dow Jones Industrial Average dropped 0.61%. The US Federal Reserve's meeting is scheduled for this week, with a 25 basis point rate cut widely expected, following a 50 basis point cut in September. Third-quarter earnings have delivered mixed results, with a slew of middling big-tech earnings reported last week. Berkshire Hathaway Inc. fell 2% after missing operating earnings estimates. In contrast, data software firm Palantir Technologies Inc. rallied nearly 13% in after-market trading as its earnings surpassed expectations. Dollar Tree Inc. rose 6.3% after announcing that CEO Rick Dreiling would resign, and Chief Operating Officer Michael Creedon Jr. would take over on an interim basis. Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
Bata India PAT climbs 53% YoY to Rs 52 crore in Q2 FY25

Revenue from operations rose 2.19% year on year (YoY) to Rs 837.14 crore in the quarter ended 30 September 2024. Profit before exceptional items and tax spiked 51.34% to Rs 69.77 crore in second quarter of FY25 as compared to Rs 46.10 crore reported in Q2 FY24. Bata continued expansion with a network of 1,955 COCO and franchise stores. Successful execution of portfolio casualization strategy ' Sneaker Studio implemented in 756 stores, added the footwear maker. During the quarter, 48 stores renovated in this year, elevating customer experience with style and technology propositions. On half year basis, the company's net profit jumped 60.42% to Rs 226.01 crore on 0.25% marginally rose in revenue from operations to Rs 1781.8 crore in H1 FY25 over H1 FY24. Gunjan Shah, MD and CEO - Bata India, stated: 'Despite continuing market headwinds and subdued consumption, we saw some recovery in our growth trajectory through the quarter backed by focused execution of strategic initiatives. We are seeing strong validation of our premiumisation strategy across channels, with premium products showing robust growth and increased contribution to our revenue mix. Our Brand stories connected well with targeted audience. Our expansion through franchise stores in Tier 3-5 markets, combined with our robust digital presence, is helping us tap into new growth opportunities with strengthened omni-channel approach. Our conscious efforts on Franchise model expansion are showing good results. Cost efficiency remains a cornerstone across all operations including manufacturing facilities. We continue to maintain a balanced approach between managing near-term challenges and investing in long-term growth drivers. We are optimistic about consumption recovery in the coming quarters, backed by festive season momentum and our strong market positioning.' Bata India is the largest retailer and manufacturer of footwear in the country. The company is engaged in the business of manufacturing and trading of footwear and accessories through their retail and wholesale network. Their products include leather footwear, rubber/canvas footwear and plastic footwear. Shares of Bata India rose 0.98% to Rs 1,350 on the BSE.Powered by Capital Market - Live

1 month agoCapital Market - Live
Earnings
Bata India consolidated net profit rises 52.93% in the September 2024 quarter

Net profit of Bata India rose 52.93% to Rs 51.98 crore in the quarter ended September 2024 as against Rs 33.99 crore during the previous quarter ended September 2023. Sales rose 2.20% to Rs 837.14 crore in the quarter ended September 2024 as against Rs 819.12 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales837.14819.12 2 OPM %20.8622.18 - PBDT159.99168.71 -5 PBT69.7887.00 -20 NP51.9833.99 53 Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Bata India to declare Quarterly Result

Bata India will hold a meeting of the Board of Directors of the Company on 4 November 2024.Powered by Capital Market - Live

2 months agoCapital Market - Live
Spotlight
Bata India CFO Anil Ramesh Somani resigns

Somani's resignation will be effective from 5 September 2024, with his last working day set for 4 September 2024. The company would initiate the process of identifying a candidate for the said position and shall inform the stock exchanges in due course, said Bata. Bata India is the largest retailer and manufacturer of footwear in the country. The company is engaged in the business of manufacturing and trading of footwear and accessories through their retail and wholesale network. Their products include leather footwear, rubber/canvas footwear and plastic footwear. The company's consolidated net profit surged 62.84% to Rs 174.06 crore in Q1 FY25 as against Rs 106.89 crore posted in Q1 FY24. Revenue from operations declined 1.41% year on year (YoY) to Rs 944.63 crore in the quarter ended 30 June 2024. Shares of Bata India gained 2.16% to close at Rs 1,419.50 on Friday, 16 August 2024. Powered by Capital Market - Live

4 months agoCapital Market - Live
Earnings
Bata India consolidated net profit rises 62.84% in the June 2024 quarter

Net profit of Bata India rose 62.84% to Rs 174.06 crore in the quarter ended June 2024 as against Rs 106.89 crore during the previous quarter ended June 2023. Sales declined 1.41% to Rs 944.63 crore in the quarter ended June 2024 as against Rs 958.15 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales944.63958.15 -1 OPM %19.5825.00 - PBDT304.33224.65 35 PBT217.12143.56 51 NP174.06106.89 63 Powered by Capital Market - Live

4 months agoCapital Market - Live
Corporate
Board of Bata India recommends Interim Dividend

Bata India announced that the Board of Directors of the Company at its meeting held on 06 August 2024, has recommended a Interim dividend of Rs.10 per share (i.e.200%), subject to the approval of the shareholders.Powered by Capital Market - Live

4 months agoCapital Market - Live

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