BITS Ltd
Incorporated in 1992, Bits Ltd is in the business of imparting education in all streams through institutes, colleges, universities, etc.[1]
- 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.
Peer comparison
Information Technology Information Technology IT - Software Software Products
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
27 May - Scanned copy of Newspaper release of the Audited Standalone & Consolidated Financial Results for the Quarter and Year Ended 31.03.2025.
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Results- Financial Year And Quarter Ended 31.03.2025
26 May - Audited FY25 financial results approved; profit Rs 21.20L, revenue Rs 113L, unmodified audit opinion.
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Board Meeting Outcome for OUTCOME OF BOARD MEETING HELD ON 26TH MAY, 2025
26 May - Audited FY25 financial results approved; profit Rs 21.20 lakh; unmodified audit opinion received.
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Compliances-Reg.24(A)-Annual Secretarial Compliance
23 May - Bits Limited submits Annual Secretarial Compliance Report confirming full regulatory compliance for FY 2024-25.
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Board Meeting Intimation for Considering And Approving The Audited Financial Results Of The Company, Both On Standalone And Consolidated Basis, For The Quarter And Financial Year Ended March 31, 2025.
21 May - Board meeting on May 26 to approve FY25 audited results; trading window closed till May 28.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2010
from bse
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.