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 ₹ 88.0 Cr.
- Current Price ₹ 7.87
- High / Low ₹ 18.7 / 6.45
- Stock P/E 131
- Book Value ₹ 1.66
- Dividend Yield 0.00 %
- ROCE 3.67 %
- ROE 3.67 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
Cons
- Stock is trading at 4.73 times its book value
- Company has a low return on equity of 2.05% over last 3 years.
- Debtor days have increased from 33.8 to 52.1 days.
- Working capital days have increased from -0.89 days to 62.1 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 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.22 | 0.23 | 3.58 | 0.61 | 0.72 | 0.73 | 0.55 | 0.74 | 0.80 | 0.89 | 1.13 | 1.47 | |
| 1.10 | 12.51 | 10.56 | 2.07 | 0.61 | 0.68 | 0.55 | 0.68 | 1.02 | 0.73 | 0.80 | 0.77 | |
| Operating Profit | -0.88 | -12.28 | -6.98 | -1.46 | 0.11 | 0.05 | 0.00 | 0.06 | -0.22 | 0.16 | 0.33 | 0.70 |
| OPM % | -400.00% | -5,339.13% | -194.97% | -239.34% | 15.28% | 6.85% | 0.00% | 8.11% | -27.50% | 17.98% | 29.20% | 47.62% |
| 0.81 | 0.86 | 1.08 | 0.01 | 0.00 | 0.01 | 0.00 | 0.23 | 0.28 | 0.04 | 0.04 | 0.19 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 |
| Depreciation | 0.07 | 0.01 | 0.01 | 0.05 | 0.06 | 0.06 | 0.06 | 0.06 | 0.05 | 0.06 | 0.16 | 0.22 |
| Profit before tax | -0.14 | -11.43 | -5.91 | -1.50 | 0.05 | 0.00 | -0.06 | 0.23 | 0.01 | 0.13 | 0.21 | 0.67 |
| Tax % | -214.29% | 0.35% | 1.18% | 1.33% | 20.00% | 16.67% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |
| 0.17 | -11.47 | -5.98 | -1.51 | 0.05 | 0.00 | -0.07 | 0.23 | 0.01 | 0.14 | 0.21 | 0.67 | |
| EPS in Rs | 0.02 | -1.03 | -0.53 | -0.13 | 0.00 | 0.00 | -0.01 | 0.02 | 0.00 | 0.01 | 0.02 | 0.06 |
| 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: | 20% |
| 5 Years: | 22% |
| 3 Years: | 22% |
| TTM: | 30% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 63% |
| 3 Years: | 73% |
| TTM: | 235% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 40% |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -29% |
| Return on Equity | |
|---|---|
| 10 Years: | -4% |
| 5 Years: | 1% |
| 3 Years: | 2% |
| Last Year: | 4% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 13.96 | 2.49 | -3.49 | -5.00 | -4.96 | -4.96 | -5.02 | -4.79 | -4.79 | -4.65 | -4.44 | -3.77 |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 16.43 | 9.47 | 8.79 | 0.97 | 0.90 | 0.80 | 0.76 | 0.51 | 0.52 | 0.57 | 0.60 | 0.50 | |
| Total Liabilities | 52.77 | 34.34 | 27.68 | 18.35 | 18.32 | 18.22 | 18.12 | 18.10 | 18.11 | 18.30 | 18.54 | 19.11 |
| 0.11 | 0.10 | 1.72 | 2.03 | 1.99 | 1.94 | 1.88 | 1.89 | 1.85 | 2.68 | 7.55 | 7.91 | |
| 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 | 12.51 | 12.99 | 11.40 | 1.96 | 2.01 | 2.01 | 2.01 | 1.97 | 2.03 | 2.16 | 3.10 | 3.24 |
| 40.15 | 21.25 | 14.56 | 14.36 | 14.32 | 14.27 | 14.23 | 14.24 | 14.23 | 13.46 | 7.89 | 7.96 | |
| Total Assets | 52.77 | 34.34 | 27.68 | 18.35 | 18.32 | 18.22 | 18.12 | 18.10 | 18.11 | 18.30 | 18.54 | 19.11 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -0.10 | 0.51 | -0.13 | -8.55 | 0.04 | -0.04 | 0.00 | -0.16 | 0.16 | 1.02 | 6.55 | 1.32 | |
| -0.01 | -0.48 | 0.30 | 8.36 | -0.06 | 0.00 | 0.00 | 0.20 | 0.03 | -0.98 | -6.68 | -0.70 | |
| 0.00 | 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 | -0.11 | 0.03 | 0.17 | -0.19 | -0.02 | -0.05 | 0.00 | 0.04 | 0.19 | 0.03 | -0.13 | 0.62 |
| Free Cash Flow | -0.11 | 0.51 | -0.13 | -8.91 | 0.02 | -0.04 | 0.00 | -0.23 | 0.15 | 0.14 | 1.52 | 0.74 |
| CFO/OP | 11% | -4% | 1% | 586% | 45% | -80% | -267% | -73% | 638% | 1,985% | 189% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 40,962.95 | 10,458.04 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 9.86 | 13.69 | 4.10 | 45.22 | 52.14 |
| Inventory Days | 6,807.25 | 5,823.41 | 0.00 | |||||||||
| Days Payable | 0.00 | 0.00 | ||||||||||
| Cash Conversion Cycle | 47,770.20 | 16,281.45 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 9.86 | 13.69 | 4.10 | 45.22 | 52.14 |
| Working Capital Days | 39,254.09 | 18,551.52 | -885.99 | -508.61 | -365.00 | -320.00 | -404.82 | -152.91 | -59.31 | -61.52 | -3.23 | 62.07 |
| ROCE % | -0.39% | -37.35% | -27.01% | -8.33% | 0.29% | 0.00% | -0.35% | 0.00% | -1.19% | 1.30% | 1.12% | 3.67% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Number of Permanent Employees count |
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| Premises / Investment in Property Net Carrying Value Rs. Lakhs |
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| Share of Revenue from Operations from Rent % |
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Extracted by Screener AI
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
10h - The Certificate issued by Mas Services Limited, RTA of the Company for the ....
- Closure of Trading Window 25 Jun
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Announcement under Regulation 30 (LODR)-Newspaper Publication
26 May - Scanned copy of Newspaper release of the Audited Standalone & Consolidated Financial Results for the Year Ended 31.03.2026.
- Results- Financial Results For The Year Ended 31.03.2026 25 May
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Board Meeting Outcome for Outcome Of The Board Meeting Held On 25Th May 2026
25 May - Board approved audited standalone and consolidated FY26 results on 25 May 2026; audit opinion unmodified.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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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.