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 ₹ 171 Cr.
 - Current Price ₹ 15.3
 - High / Low ₹ 38.3 / 7.09
 - Stock P/E 488
 - Book Value ₹ 1.62
 - Dividend Yield 0.00 %
 - ROCE 1.12 %
 - ROE 1.12 %
 - Face Value ₹ 2.00
 
Pros
- Company is almost debt free.
 
Cons
- Stock is trading at 9.43 times its book value
 - Company has a low return on equity of 0.41% 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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.16 | 0.22 | 0.23 | 3.58 | 0.61 | 0.72 | 0.73 | 0.55 | 0.74 | 0.80 | 0.89 | 1.13 | 1.26 | |
| 0.67 | 1.10 | 12.51 | 10.56 | 2.07 | 0.61 | 0.68 | 0.55 | 0.68 | 1.02 | 0.74 | 0.80 | 0.76 | |
| 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 | 0.50 | 
| 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% | 39.68% | 
| -2.62 | 0.81 | 0.86 | 1.08 | 0.01 | 0.00 | 0.01 | 0.00 | 0.23 | 0.28 | 0.04 | 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 | 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 | 0.18 | 
| 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 | 0.36 | 
| 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 | 0.35 | |
| 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 | 0.04 | 
| 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: | 169% | 
| Stock Price CAGR | |
|---|---|
| 10 Years: | 43% | 
| 5 Years: | % | 
| 3 Years: | % | 
| 1 Year: | -29% | 
| 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 | Sep 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 | 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 | -4.26 | 
| 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 | |
| 17.57 | 16.43 | 9.47 | 8.79 | 0.97 | 0.90 | 0.80 | 0.76 | 0.51 | 0.52 | 0.57 | 0.60 | 0.64 | |
| 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 | 18.76 | 
| 1.80 | 0.11 | 0.10 | 1.72 | 2.03 | 1.99 | 1.94 | 1.88 | 1.89 | 1.85 | 2.68 | 7.55 | 7.98 | |
| 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 | 0.88 | 
| 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 | 3.17 | 
| 41.06 | 40.15 | 21.25 | 14.56 | 14.36 | 14.32 | 14.27 | 14.23 | 14.24 | 14.23 | 13.46 | 7.89 | 6.73 | |
| 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 | 18.76 | 
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% | 1.12% | 
Documents
Announcements
- 
        
          Announcement under Regulation 30 (LODR)-Newspaper Publication
          
            15 Oct - Scanned copy of Newspaper release of Financial Results for the Quarter and Half Year Ended 30.09.2025.
 - 
        
          Un-Audited Standalone & Consolidated Financial Results For The Quarter And Half Year Ended 30.09.2025.
          
            14 Oct - Approved Q2/H1 unaudited results; H1 consolidated comprehensive income Rs20.11 lakh; limited review dated 14 Oct 2025.
 - 
        
          Board Meeting Outcome for OUTCOME OF BOARD MEETING HELD ON 14TH OCTOBER, 2025
          
            14 Oct - Approved Q2/H1 FY2025-26 results: H1 revenue Rs64.57 lakh, H1 profit Rs17.52 lakh
 - 
        
          Board Meeting Intimation for Approval Of The Un-Audited Financial Results Of The Company, Both On Standalone And Consolidated Basis, For The Quarter And Half Year Ended September 30, 2025.
          
            8 Oct - Board meeting Oct 14, 2025 to approve Q2/H1 Sep 30, 2025 unaudited results; trading window closed until Oct 16.
 - 
        
          Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
          
            7 Oct - Mas Services (RTA) certifies dematerialisation processing compliance for quarter/half-year ended 30 Sep 2025.
 
Annual reports
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      Financial Year 2025
      from bse
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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
 
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.