BITS Ltd
BITS is engaged in the business to impart education in field of Art, Commerce, Science, Computer Software, Computer Hardware, Business Management, Hotel Management, Engineering & Technical Education and in all innovative fields that may be useful to segme
- Market Cap ₹ 33.0 Cr.
- Current Price ₹ 2.95
- High / Low ₹ 4.24 / 0.30
- Stock P/E 254
- Book Value ₹ 1.58
- Dividend Yield 0.00 %
- ROCE -1.19 %
- ROE -1.19 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
Cons
- The company has delivered a poor sales growth of 5.57% over past five years.
- Company has a low return on equity of -0.53% over last 3 years.
* 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
Sector: Computer Education Industry: Computers - Education
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
0.24 | 0.04 | 0.16 | 0.22 | 0.23 | 3.58 | 0.61 | 0.72 | 0.73 | 0.55 | 0.74 | 0.80 | 0.86 | |
0.61 | 0.17 | 0.67 | 1.10 | 12.51 | 10.56 | 2.07 | 0.61 | 0.68 | 0.55 | 0.68 | 1.02 | 0.84 | |
Operating Profit | -0.37 | -0.13 | -0.51 | -0.88 | -12.28 | -6.98 | -1.46 | 0.11 | 0.05 | 0.00 | 0.06 | -0.22 | 0.02 |
OPM % | -154.17% | -325.00% | -318.75% | -400.00% | -5,339.13% | -194.97% | -239.34% | 15.28% | 6.85% | 0.00% | 8.11% | -27.50% | 2.33% |
0.42 | 0.33 | -2.62 | 0.81 | 0.86 | 1.08 | 0.01 | 0.00 | 0.01 | 0.00 | 0.23 | 0.28 | 0.14 | |
Interest | 0.01 | 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 | 0.06 | 0.06 | 0.07 | 0.01 | 0.01 | 0.05 | 0.06 | 0.06 | 0.06 | 0.06 | 0.05 | 0.03 |
Profit before tax | -0.02 | 0.14 | -3.19 | -0.14 | -11.43 | -5.91 | -1.50 | 0.05 | 0.00 | -0.06 | 0.23 | 0.01 | 0.13 |
Tax % | -100.00% | 7.14% | -0.31% | 214.29% | -0.35% | -1.18% | -1.33% | 20.00% | -16.67% | 0.00% | 0.00% | ||
-0.03 | 0.13 | -3.20 | 0.17 | -11.47 | -5.98 | -1.51 | 0.05 | 0.00 | -0.07 | 0.23 | 0.01 | 0.13 | |
EPS in Rs | -0.00 | 0.01 | -0.29 | 0.02 | -1.03 | -0.53 | -0.13 | 0.00 | 0.00 | -0.01 | 0.02 | 0.00 | 0.01 |
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: | 35% |
5 Years: | 6% |
3 Years: | 3% |
TTM: | 8% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 13% |
3 Years: | % |
TTM: | 333% |
Stock Price CAGR | |
---|---|
10 Years: | 23% |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | -8% |
5 Years: | 0% |
3 Years: | -1% |
Last Year: | -1% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 16.87 | 17.00 | 13.79 | 13.96 | 2.49 | -3.49 | -5.00 | -4.96 | -4.96 | -5.02 | -4.79 | -4.79 | -4.74 |
0.20 | 0.20 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
0.63 | 19.68 | 17.57 | 16.43 | 9.47 | 8.79 | 0.97 | 0.90 | 0.80 | 0.76 | 0.51 | 0.52 | 0.93 | |
Total Liabilities | 40.08 | 59.26 | 53.74 | 52.77 | 34.34 | 27.68 | 18.35 | 18.32 | 18.22 | 18.12 | 18.10 | 18.11 | 18.57 |
1.87 | 1.81 | 1.80 | 0.11 | 0.10 | 1.72 | 2.03 | 1.99 | 1.94 | 1.88 | 1.89 | 1.85 | 2.68 | |
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 | 0.00 |
Investments | 2.62 | 21.81 | 10.88 | 12.51 | 12.99 | 11.40 | 1.96 | 2.01 | 2.01 | 2.01 | 1.97 | 2.03 | 2.16 |
35.59 | 35.64 | 41.06 | 40.15 | 21.25 | 14.56 | 14.36 | 14.32 | 14.27 | 14.23 | 14.24 | 14.23 | 13.73 | |
Total Assets | 40.08 | 59.26 | 53.74 | 52.77 | 34.34 | 27.68 | 18.35 | 18.32 | 18.22 | 18.12 | 18.10 | 18.11 | 18.57 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.11 | 19.24 | -2.07 | -0.10 | 0.51 | -0.13 | -8.55 | 0.04 | -0.04 | 0.00 | -0.16 | 0.16 | |
-0.48 | -19.18 | 1.96 | -0.01 | -0.48 | 0.30 | 8.36 | -0.06 | 0.00 | 0.00 | 0.20 | 0.02 | |
0.00 | 0.00 | 0.20 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
Net Cash Flow | -0.37 | 0.06 | 0.09 | -0.11 | 0.03 | 0.17 | -0.19 | -0.02 | -0.05 | 0.00 | 0.04 | 0.19 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 39,191.88 | 225,296.25 | 56,324.06 | 40,962.95 | 10,458.04 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 9.86 | 13.69 |
Inventory Days | 6,522.39 | 37,138.75 | 10,246.07 | 6,807.25 | 5,823.41 | 0.00 | ||||||
Days Payable | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Cash Conversion Cycle | 45,714.27 | 262,435.00 | 66,570.13 | 47,770.20 | 16,281.45 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 9.86 | 13.69 |
Working Capital Days | 53,548.54 | 147,551.25 | 53,883.12 | 39,254.09 | 18,551.52 | -885.99 | -508.61 | -365.00 | -320.00 | -404.82 | -152.91 | -182.50 |
ROCE % | -0.03% | 0.35% | -0.40% | -0.39% | -37.35% | -27.01% | -8.33% | 0.29% | 0.00% | -0.35% | 0.00% | -1.19% |
Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
1d - Depositories and Participants) Regulations, 2018, please find here enclosed with the Certificate issued by Mas Service Limited, RTA of the Company for the Month ended …
-
Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements
1 May - The Company has entered a Memorandum of Understanding (MOU) with Bardoa Institute of Technology. The details as required under regulation 30 of Listing Regulation read …
- CERTIFICATE UNDER REGULATION 40(9) OF SEBI (LODR) REGULATIONS, 2015 FOR THE FINANCIAL YEAR ENDED AS ON 31ST MARCH, 2024 26 Apr
- Submission Of Compliance Certificate Under Regulation 7(3) Of The SEBI (LODR) Regulations, 2015, For The Financial Year Ended On 31.03.2024 25 Apr
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
10 Apr - Depositories and Participants) Regulations, 2018, please find here enclosed with the certificate issued by Mas Services Limited, RTA of the company for the Quarter ended …
Annual reports
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
-
Financial Year 2009
from bse
Business[1]
The main business of the company is to impart education in fields of Art, Commerce, Science, Computer Software, Computer Hardware, Business Management, Hotel Management, Engineering, and Technical Education and in all innovative fields that may be useful to segments of society by setting up centers, institutes, colleges, universities including Distance Learning Programmes, etc. Also to impart Corporate Management Training through classroom training and various other modes.