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Bata India Ltd share Price Today

Company details

1,405.00
1,446.60
1,269.00
1,748.95
6M Return -2.93%
1Y Return -16.39%
Mkt Cap.(Cr) 18,074.25
Volume 395,504
Div Yield 0.85%
OI
-
OI Chg %
-
Volume 395,504

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Footwear company Bata India announced Q1FY25 results:

Financial Highlights: 

  • Revenue from operations for the quarter stood at Rs 9,446 million vs. Rs 9,581 million for Q1FY24.
  • The Net Profit stood at Rs 1,744 million. The results for the quarter demonstrate disciplined execution of our strategies on premiumisation, investment in marketing and technology, elevating customer experience, by maintaining Gross Margins in the face of sluggish consumption momentum during the quarter.
  • Bata also had a one-time gain on sale of property of Rs 1,340 million. The results for the quarter also incorporate a one-time expenditure of Rs 147 million in aggregate towards investments in technology.
  • Bata has also announced an interim dividend of Rs 10 per share, amounting to Rs 1,285.28 million.

Business Highlights:

  • Continued expansion with a network of 1,916 (COCO and Franchise) stores.
  • E-commerce performance was encouraging. Bata achieved significant growth in digital sales over the previous quarter.
  • Portfolio casualisation strategy continues to work well, with Sneaker category led by Power. Sneaker Studios and Floatz Kiosk expanded.
  • 37 stores were renovated during the quarter with significant thrust towards portfolio newness with style & technology propositions.
  • Launched an industry first promo for trying on shoes - “Try and Fly” campaign to draw footfalls

Speaking on the Q1FY25 performance, Gunjan Shah, MD and CEO - Bata India, stated: “Bata India navigated well through the slugging consumption environment further accentuated due to the elections and extreme heat wave in the last quarter. We sustained our gross margin with our premiumisation strategy while continuing investments in marketing and technology platforms.

We added 33 Franchise Stores in the quarter, primarily in Tier 3 – 5 towns to cater the demand for branded products and achieve better returns on capital. Bata also launched its 2nd Power EBO in Delhi.

Along with cautious control on costs and focus on efficiency and productivity, we continued to manage our inventory while having strong instore availability of fresh merchandise in anticipation of festive season driven consumption uptick.

Result PDF

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Bata India Ltd shares SWOT Analysis

Strengths (5)

  • Companies with rising net profit margins - quarterly as well as TTM basis
  • Growth in Net Profit with increasing Profit Margin (QoQ)
  • Company with No Debt

Weakness (3)

  • MFs decreased their shareholding last quarter
  • Declining Net Cash Flow : Companies not able to generate net cash
  • Weak Momentum: Price below Short, Medium and Long Term Averages

Opportunity (0)

Data not found

Threats (2)

  • High PE (PE > 40)
  • RSI indicating price weakness

Resistance and support

R1 1,433.6
R2 1,460.9
R3 1,475.2
Pivot

1,419.28

S1 1,392.0
S2 1,377.7
S3 1,350.4
EMA SMA
1,453.7
1,467.5
1,463.5
1,481.3
1,435.7
1,497.7
1,438.8
1,470.7
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
ISHARES CORE MSCI EMERGING MARKETS ETF Block Purchase 2022-10-25 1814.55 139149 BSE
ISHARES MSCI INDIA SMALL-CAP ETF Block Purchase 2022-10-25 1814.55 18881 BSE
ISHARES CORE EMERGING MARKETS MAURITIUS CO Block Sell 2022-10-25 1814.55 139149 BSE
Name Category Shares
Bata (BN)B V PROMOTER 50.16%

OUR RESEARCH VIEW

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

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
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Profit after Tax
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Bata India Ltd Stocks COMPARISON

Financials( in Cr) Bata India Ltd Metro Brands Ltd Relaxo Footwears Ltd Campus Activewear Ltd Mayur Uniquoters Ltd
Price 1,406.25 1,234.30 825.00 278.60 630.80
% Change -2.13 -2.99 0.26 -2.47 -1.54
Mcap Cr 18,074.25 33,563.46 20,537.47 8,505.80 2,772.56
Revenue TTM Cr 3,478.61 2,356.70 2,914.06 1,448.29 802.98
Net Profit TTM Cr 262.51 412.45 200.47 89.44 122.47
PE TTM 51.02 81.60 108.96 101.98 21.44
1 Year Return -16.39 17.86 -10.98 -5.93 14.52
ROCE 18.64 19.83 13.62 16.42 19.36
ROE 19.76 24.18 10.40 14.86 15.11
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 1,526.89 Cr FV: 5.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 20,488.79 32,254.56
LAST 3M 82,219.63 39,372.89
LAST 6M 197,788.44 55,659.47
LAST 12M 325,218.72 93,889.77

Bata India Ltd Information

Stock PE (TTM)
51.02
Promoter Holding
50.16%
Book Value
118.7989
ROCE
18.64%
ROE
19.76%
Description
  • 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 : share.dept:bata.com
Website : http://www.bata.in
Registrar

R & D Infotech Pvt Ltd

AGM Date (Month) : Aug
Face Value Equity Shares : 5
Market Lot Equity Shares : 1
BSE Code : 500043
NSE Code : BATAINDIA
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 06, 2024 04:03 PM the closing price of Bata India Ltd was Rs.1,406.25.

The latest PE ratio of Bata India Ltd as of Sep 06, 2024 04:03 PM is 51.02

The latest PB ratio of Bata India Ltd as of Sep 06, 2024 04:03 PM is 0.08

The 52-week high of Bata India Ltd share price is Rs. 1,748.95 while the 52-week low is Rs. 1,269.00

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

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 06, 2024 04:03 PM, the market cap of Bata India Ltd stood at Rs. 18,074.25 Cr.

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