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Bata India Ltd share Price

Company details

6M Return 18.28%
1Y Return -10.70%
Mkt Cap.(Cr) 21,281.67
Volume 100,997
Div Yield 0.81%
OI Chg %
Volume 100,997

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About The Stock

    Bata India is a major player in the Indian footwear market with a presence across men’s, women’s and kid’s footwear segment. It has a pan-India presence with the largest network of retail stores with 1700+ stores. Bata has a vision to open 500 franchise stores over the next few years (current: 300).

    • It has a robust balance sheet with healthy cash and bank balance worth
      ₹ 946+ crore, negative working capital cycle and generating RoCE of 20%+
Q4FY22 result

    Reported a mixed operational performance. Revenue recovery rate was at ~98% in Q4FY22 vs. 101% in Q3FY22 (I-direct estimate: 107%).

    • On a benign base, reported revenue growth of 12.8% YoY to ₹ 665.2 crore
    •                 Gross margins improved 450 bps YoY (490 bps QoQ) to 57.6%, significantly ahead of our estimates (53.6%). EBITDA margins improved 540 bps YoY to 24.4%. EBITDA grew 45% YoY to ₹ 162.2 crore
    • Tracking steady operational performance, PAT grew 2.1x YoY to ₹ 63 crore

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Footwear company Bata India announced Q1FY24 results:

  • Revenue from operations for Q1FY24 stood at Rs 9,581 million (a growth of 2% over Q1FY23).
  • The net profit stood at Rs 1,078 million for Q1FY24 lower by Rs 115 million from Q1FY23 primarily on account of the early start of the End of Season Sale by the industry.
  • Aggressive network expansion – 2,100 stores in close to 700 cities, with a Franchise & SIS network consisting of over 38%. 27 stores were renovated during Q1FY24.
  • Overall ASP grew by ~3% over last year.
  • Successful execution of portfolio casualization strategy – Sneaker Studio implemented in 565 Stores.
  • 1st Floatz banner opened with a kiosk in Delhi. Floatz achieved the highest-ever quarterly turnover with 206% TALY.
  • Distribution channel continued to scale up to 1,390 towns.
  • 2nd Warehouse enabled to fulfill DTC and marketplace orders. Optimized warehousing costs through relocation of warehouses.

Speaking on the Q1FY24 performance, Gunjan Shah, MD and CEO, Bata India, stated, “With our strategy of casualization and premiumization, expansion in Retail Network and accelerated investment towards core technologies (ERP, Merchandising, etc.,), we believe the template is set up for future profitable growth. Digital footprint through our omnichannel e-commerce revenue streams gained significant momentum in the quarter going by.

At Bata India, we continue to implement initiatives to elevate the customer experience at our stores and on our website. We have introduced a series of innovations to consumers like the Bata Shoe Care Program, Buy Now Pay Later, and Bata Wallet. We have gained a share in higher category articles in brands like Hush Puppies, Comfit, Floatz & North Star. We continue to add Franchise and SIS stores to improve the accessibility of the brand along with MBOs. Across all business channels of EBOs, MBOs, and E-Commerce, margins remained healthy despite slowness in discretionary demand & early onset of EOSS.

We continue to flesh out new opportunities across our value chain. We remain focused on cost efficiency across all operations and optimizing our resources. We are optimistic about the demand resurgence going ahead and continue to expand in Tier 3-5 towns, digital channels, and make investments in elevating customer experience & brand marketing.”


Result PDF

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Investment recommendation
Call Date
16 Feb 2023
Entry Price 1,450.00
Target Price 1,640.00
12-18 Month


Operating Profit
Profit after Tax
Reserves and Surplus
Operating Profit
Profit after Tax

Bata India Ltd Stocks COMPARISION


Equity Capital: 1,438.21 Cr FV: 5.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 19,117.66 -3,609.01
LAST 3M 37,244.98 8,192.34
LAST 6M 47,342.46 155,367.92
LAST 12M 134,407.88 155,858.29

Bata India Ltd Information

Stock PE (TTM)
Promoter Holding
Book Value
  • Bata India Ltd is in the Leather sector is having a market capitalization worth Rs. 21,942.94 crores, it is incorporated in the year 1931. It has reported consolidated sales of Rs. 267.05 crores in June’2021. The company is listed on the Bombay Stock Exchange (BSE) with the code 500043, and also listed on the National Stock Exchange (NSE) with the code BATAINDIA.

    Bata India Ltd is primarily involved in the manufacturing and marketing of footwear and related accessories through widespread retail and wholesale networks. Bata India has installed a total of four manufacturing units around the country having a manufacturing capacity of twenty-one million pairs per annum. Bata India has a widespread network of 1526 retail stores around the country. Bata India is India’s second-largest shoe producer. Bata India contributed Rs. 13 lakhs to the PM Cares Covid Fund. The Batanagar employees also served over 1,10,000 meals to the under-served people during the pandemic. The company receives support from its holding company- Bata (BN) B.V., Amsterdam. The promoters of the company own 52.96% of the stake, Foreign Institutional Investors (FII) own 5.23%, Domestic Institutional Investors (DII) own 27.3% stake in the company, and others (such as public & retail investors) hold the balance of 14.51%.

    In June 2021, quarterly net revenue was Rs. 267.05 crores, which has increased by approximately 98.12 % from Rs. 134.79 crores for the April-June 2020 quarter. The quarterly net loss in June 2021 was Rs. 71.32 crores, which has improved and increased by nearly 29.48% from a net loss of Rs. 101.13 crores in June 2020. In June 2021, the reported operating profit was at Rs. 184.06 crores, which is also increased by 40.44% as compared to an operating profit of Rs. 131.06 crores for the quarter ending in June 2020. From a negative EPS of Rs. 7.87 in June 2020, the EPS of Bata India Ltd has risen to a negative EPS of Rs. 5.55 per share in June 2021. BATAINDIA's stock closed at Rs. 1,707.25 on 26th August’2021 (NSE). Bata India Ltd has returned 15.15% in the last six months and returned 26.36% positively in the previous year.

Registered Address

27B Camac Street, 1st Floor, Kolkata, West Bengal, 700016

Tel : 91-033-2301 4400
Email : corporate.relations:bata.com
Website : http://www.bata.in

R & D Infotech Pvt Ltd

AGM Date (Month) : Aug
Face Value Equity Shares : 5
Market Lot Equity Shares : 1
BSE Code : 500043
Book Closure Date (Month) :
BSE Group : A
ISIN : INE176A01028

FAQ’s on Bata India Ltd Shares

You can buy Bata India Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Bata India Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Sep 21, 2023 03:59 PM the closing price of Bata India Ltd was ₹ 1,655.80.

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 Sep 21, 2023 03:59 PM, the market cap of Bata India Ltd stood at ₹ 21,281.67.

The latest PE ratio of Bata India Ltd as of Sep 21, 2023 03:59 PM is 68.59

The latest PB ratio of Bata India Ltd as of Sep 21, 2023 03:59 PM is 0.07

The 52-week high of Bata India Ltd is ₹ 1,931.95 while the 52-week low is ₹ 1,381.05

According to analyst recommendations, Bata India Ltd has a “Buy” rating for the long term.

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