BITS Ltd

BITS Ltd

₹ 11.7 -1.35%
11 Jun 2:10 p.m.
About

Incorporated in 1992, Bits Ltd is in the business of imparting education in all streams through institutes, colleges, universities, etc.[1]

Key Points

Business Overview:[1]
BL provides education in Arts, Commerce, Science, Management, Engineering, Hospitality, and IT through institutes, colleges, universities, and distance learning programs in India and abroad.

  • Market Cap 130 Cr.
  • Current Price 11.7
  • High / Low 38.3 / 3.08
  • Stock P/E 621
  • Book Value 1.60
  • Dividend Yield 0.00 %
  • ROCE 1.18 %
  • ROE 1.18 %
  • Face Value 2.00

Pros

  • Company is almost debt free.

Cons

  • Stock is trading at 7.37 times its book value
  • Company has a low return on equity of 0.43% over last 3 years.
  • Debtor days have increased from 21.0 to 45.2 days.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
0.21 0.20 0.19 0.20 0.21 0.21 0.21 0.23 0.24 0.25 0.27 0.31 0.30
0.16 0.24 0.27 0.30 0.21 0.17 0.30 0.16 0.20 0.21 0.21 0.21 0.18
Operating Profit 0.05 -0.04 -0.08 -0.10 0.00 0.04 -0.09 0.07 0.04 0.04 0.06 0.10 0.12
OPM % 23.81% -20.00% -42.11% -50.00% 0.00% 19.05% -42.86% 30.43% 16.67% 16.00% 22.22% 32.26% 40.00%
0.00 0.09 0.18 -0.01 0.02 0.00 0.12 0.00 0.00 0.00 0.01 0.02 0.01
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.02 0.02 0.02 0.02 0.00 0.01 0.01 0.01 0.01 0.02 0.06 0.03 0.05
Profit before tax 0.03 0.03 0.08 -0.13 0.02 0.03 0.02 0.06 0.03 0.02 0.01 0.09 0.08
Tax % 0.00% 33.33% -12.50% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.03 0.02 0.10 -0.12 0.02 0.03 0.02 0.06 0.03 0.03 0.01 0.09 0.09
EPS in Rs 0.00 0.00 0.01 -0.01 0.00 0.00 0.00 0.01 0.00 0.00 0.00 0.01 0.01
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
0.16 0.22 0.23 3.58 0.61 0.72 0.73 0.55 0.74 0.80 0.89 1.13
0.67 1.10 12.51 10.56 2.07 0.61 0.68 0.55 0.68 1.02 0.74 0.80
Operating Profit -0.51 -0.88 -12.28 -6.98 -1.46 0.11 0.05 0.00 0.06 -0.22 0.15 0.33
OPM % -318.75% -400.00% -5,339.13% -194.97% -239.34% 15.28% 6.85% 0.00% 8.11% -27.50% 16.85% 29.20%
-2.62 0.81 0.86 1.08 0.01 0.00 0.01 0.00 0.23 0.28 0.04 0.04
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.06 0.07 0.01 0.01 0.05 0.06 0.06 0.06 0.06 0.05 0.06 0.16
Profit before tax -3.19 -0.14 -11.43 -5.91 -1.50 0.05 0.00 -0.06 0.23 0.01 0.13 0.21
Tax % 0.31% -214.29% 0.35% 1.18% 1.33% 20.00% 16.67% 0.00% 0.00% 0.00% 0.00%
-3.20 0.17 -11.47 -5.98 -1.51 0.05 0.00 -0.07 0.23 0.01 0.14 0.21
EPS in Rs -0.29 0.02 -1.03 -0.53 -0.13 0.00 0.00 -0.01 0.02 0.00 0.01 0.02
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: 18%
5 Years: 9%
3 Years: 15%
TTM: 27%
Compounded Profit Growth
10 Years: 2%
5 Years: %
3 Years: %
TTM: -9%
Stock Price CAGR
10 Years: 43%
5 Years: %
3 Years: %
1 Year: 269%
Return on Equity
10 Years: -10%
5 Years: 0%
3 Years: 0%
Last Year: 1%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 22.38 22.38 22.38 22.38 22.38 22.38 22.38 22.38 22.38 22.38 22.38 22.38
Reserves 13.79 13.96 2.49 -3.49 -5.00 -4.96 -4.96 -5.02 -4.79 -4.79 -4.65 -4.44
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
17.57 16.43 9.47 8.79 0.97 0.90 0.80 0.76 0.51 0.52 0.57 0.60
Total Liabilities 53.74 52.77 34.34 27.68 18.35 18.32 18.22 18.12 18.10 18.11 18.30 18.54
1.80 0.11 0.10 1.72 2.03 1.99 1.94 1.88 1.89 1.85 2.68 7.55
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 10.88 12.51 12.99 11.40 1.96 2.01 2.01 2.01 1.97 2.03 2.16 3.10
41.06 40.15 21.25 14.56 14.36 14.32 14.27 14.23 14.24 14.23 13.46 7.89
Total Assets 53.74 52.77 34.34 27.68 18.35 18.32 18.22 18.12 18.10 18.11 18.30 18.54

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
-2.07 -0.10 0.51 -0.13 -8.55 0.04 -0.04 0.00 -0.16 0.16 1.02 6.55
1.96 -0.01 -0.48 0.30 8.36 -0.06 0.00 0.00 0.20 0.03 -0.98 -6.68
0.20 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Cash Flow 0.09 -0.11 0.03 0.17 -0.19 -0.02 -0.05 0.00 0.04 0.19 0.03 -0.13

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 56,324.06 40,962.95 10,458.04 0.00 0.00 0.00 0.00 0.00 9.86 13.69 4.10 45.22
Inventory Days 10,246.07 6,807.25 5,823.41 0.00
Days Payable 0.00 0.00 0.00
Cash Conversion Cycle 66,570.13 47,770.20 16,281.45 0.00 0.00 0.00 0.00 0.00 9.86 13.69 4.10 45.22
Working Capital Days 53,883.12 39,254.09 18,551.52 -885.99 -508.61 -365.00 -320.00 -404.82 -152.91 -59.31 -61.52 -3.23
ROCE % -0.40% -0.39% -37.35% -27.01% -8.33% 0.29% 0.00% -0.35% 0.00% -1.19% 1.25% 1.18%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
65.07% 65.07% 65.07% 65.07% 65.07% 65.07% 65.07% 65.07% 65.07% 65.07% 65.07% 65.07%
0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07%
34.86% 34.86% 34.86% 34.86% 34.85% 34.86% 34.86% 34.85% 34.86% 34.86% 34.86% 34.86%
No. of Shareholders 16,74316,74216,74116,74116,73816,68816,55618,59720,63824,44034,92842,046

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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