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BITS Ltd

BITS

BITS Ltd

BITS
Consumer DiscretionaryEducation Services
SmallcapWith a market cap of ₹404 cr, stock is ranked 2,019
Moderate RiskStock is 2.15x as volatile as Nifty
38.322.00% (+0.75)
38.322.00% (+0.75)

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Consumer DiscretionaryEducation Services
SmallcapWith a market cap of ₹404 cr, stock is ranked 2,019
Moderate RiskStock is 2.15x as volatile as Nifty
Scorecard

Performance

Avg

Price return has been average, nothing exciting

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

Bad

The stock is in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

Consumer DiscretionaryEducation Services
SmallcapWith a market cap of ₹404 cr, stock is ranked 2,019
Moderate RiskStock is 2.15x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
164.9420.19
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
39.706.900.71%

Forecast & Ratings

Detailed Forecast 
Forecast data is currently unavailable for this stock

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Bits Limited is an India-based company, which is engaged in the business to impart education in field of art, commerce, science, computer software, computer hardware, business management, hotel management, engineering and technical education.

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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 35.59%, vs industry avg of -2.05%

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 0.02% to 0.06%

Higher 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 140.42%, vs industry avg of 50.67%

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Financial YearFY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue0.720.810.550.971.023.301.01
Raw Materialssubtract0.000.000.000.000.000.000.77
Power & Fuel Costsubtract0.000.000.000.000.000.01
Employee Costsubtract0.140.160.140.170.200.16
Selling & Administrative Expensessubtract0.430.470.370.470.590.50
Operating & Other expensessubtract0.050.050.040.050.240.16
Depreciation/Amortizationsubtract0.060.060.060.060.050.060.10
Interest & Other Itemssubtract0.000.000.000.000.000.00
Taxes & Other Itemssubtract0.010.000.010.000.000.00-2.31
EPS0.000.01-0.010.02-0.010.220.22
DPS0.000.000.000.000.000.000.00
Payout ratio0.000.000.000.000.000.000.00

Company Updates

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

Peers & Comparison

Comparing 3 stocks from 
Consumer DiscretionaryEducation Services

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
BITS Ltd167.6720.19
Niit Learning Systems Ltd33.047.211.01%
Shanti Educational Initiatives Ltd815.1546.69
NIIT Ltd75.862.800.35%

Price Comparison

Compare BITS with any stock or ETF
Compare BITS with any stock or ETF
BITS
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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

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 almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding65.07%0.03%0.04%0.00%34.86%

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Shareholding History

JunSepDec '23MarJunSep0.00%0.00%0.00%0.00%0.00%0.00%

Insider Trades & Bulk Deals

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smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

No Dividends

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

BITS has not given any dividends in last 5 years

Dividends

Corp. Actions

Announcements

Legal Orders

Dividends

Hmm, looks like data is unavailable here. Please come back after some time
News & Opinions
Earnings
BITS consolidated net profit rises 100.00% in the September 2024 quarter

Net profit of BITS rose 100.00% to Rs 0.02 crore in the quarter ended September 2024 as against Rs 0.01 crore during the previous quarter ended September 2023. Sales rose 28.57% to Rs 0.27 crore in the quarter ended September 2024 as against Rs 0.21 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales0.270.21 29 OPM %22.22-42.86 - PBDT0.070.03 133 PBT0.010.02 -50 NP0.020.01 100 Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
BITS to conduct board meeting

BITS will hold a meeting of the Board of Directors of the Company on 6 November 2024Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
BITS to conduct AGM

BITS announced that the Annual General Meeting (AGM) of the company will be held on 22 September 2024.Powered by Capital Market - Live

3 months agoCapital Market - Live
Earnings
BITS reports consolidated net profit of Rs 0.03 crore in the June 2024 quarter

Net profit of BITS remain constant at Rs 0.03 crore in the quarter ended June 2024 and also during the previous quarter ended June 2023. Sales rose 19.05% to Rs 0.25 crore in the quarter ended June 2024 as against Rs 0.21 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales0.250.21 19 OPM %16.0019.05 - PBDT0.040.04 0 PBT0.030.03 0 NP0.030.03 0 Powered by Capital Market - Live

4 months agoCapital Market - Live
Corporate
BITS to table results

BITS will hold a meeting of the Board of Directors of the Company on 12 August 2024.Powered by Capital Market - Live

4 months agoCapital Market - Live

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4 months agoEconomic Times

Edtech Venture Bluelearn Announces Shutdown, To Reimburse 70% of Investors’ Money - News18

4 months agoNews18

Warning for Bengaluru techies: BITS Pilani alum reveals high rent, traffic, hair loss, alcohol among top concerns

4 months agoEconomic Times

BITS Pilani campuses achieve 71% placements despite economic pressures

4 months agoThe Hindu

22-year-old Youtuber earned 35 lakh a month, Ashneer’s reaction goes viral

4 months agoBusiness Standard