BITS Ltd

BITS Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

BITS Ltd

₹ 8.00 1.65%
07 Jul 9:46 a.m.
bits.net.in BSE: 526709
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.

Website BSE
  • Market Cap ₹ 89.5 Cr.
  • Current Price ₹ 8.00
  • High / Low ₹ 18.7 / 6.45
  • Stock P/E 124
  • Book Value ₹ 1.87
  • Dividend Yield 0.00 %
  • ROCE 3.25 %
  • ROE 3.50 %
  • Face Value ₹ 2.00
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Pros

  • Company is almost debt free.

Cons

  • Stock is trading at 4.20 times its book value
  • Company has a low return on equity of 5.58% 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

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
0.21 0.21 0.21 0.23 0.24 0.25 0.27 0.31 0.30 0.31 0.34 0.39 0.43
0.41 0.17 0.30 0.16 0.20 0.21 0.21 0.21 0.18 0.18 0.19 0.25 0.16
Operating Profit -0.20 0.04 -0.09 0.07 0.04 0.04 0.06 0.10 0.12 0.13 0.15 0.14 0.27
OPM % -95.24% 19.05% -42.86% 30.43% 16.67% 16.00% 22.22% 32.26% 40.00% 41.94% 44.12% 35.90% 62.79%
0.02 0.00 0.12 0.00 0.00 0.00 0.01 0.02 0.01 0.00 0.01 0.18 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 0.00 0.01 0.01 0.01 0.01 0.02 0.06 0.03 0.05 0.05 0.05 0.06 0.06
Profit before tax -0.18 0.03 0.02 0.06 0.03 0.02 0.01 0.09 0.08 0.08 0.11 0.26 0.22
Tax % 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%
-0.19 0.03 0.01 2.33 0.04 0.03 0.02 0.10 0.08 0.09 0.11 0.28 0.24
EPS in Rs -0.02 0.00 0.00 0.21 0.00 0.00 0.00 0.01 0.01 0.01 0.01 0.03 0.02
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
0.72 0.73 0.55 0.74 0.80 0.89 1.13 1.47
0.61 0.68 0.54 0.68 1.03 0.73 0.80 0.77
Operating Profit 0.11 0.05 0.01 0.06 -0.23 0.16 0.33 0.70
OPM % 15.28% 6.85% 1.82% 8.11% -28.75% 17.98% 29.20% 47.62%
0.00 0.08 0.00 0.23 0.22 2.31 0.06 0.19
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.06 0.06 0.06 0.06 0.05 0.06 0.16 0.22
Profit before tax 0.05 0.07 -0.05 0.23 -0.06 2.41 0.23 0.67
Tax % 20.00% 0.00% 20.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.04 0.07 -0.06 0.23 -0.06 2.41 0.23 0.72
EPS in Rs 0.00 0.01 -0.01 0.02 -0.01 0.22 0.02 0.06
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: 22%
3 Years: 22%
TTM: 30%
Compounded Profit Growth
10 Years: %
5 Years: 70%
3 Years: 76%
TTM: 227%
Stock Price CAGR
10 Years: 40%
5 Years: %
3 Years: %
1 Year: -29%
Return on Equity
10 Years: %
5 Years: 3%
3 Years: 6%
Last Year: 4%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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
Reserves -4.96 -4.89 -4.95 -4.73 -4.79 -2.37 -2.14 -1.42
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.89 0.80 0.76 0.52 0.52 0.57 0.59 0.50
Total Liabilities 18.31 18.29 18.19 18.17 18.11 20.58 20.83 21.46
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
Investments 2.00 2.08 2.08 2.04 2.02 4.43 5.40 5.59
14.32 14.27 14.23 14.24 14.24 13.47 7.88 7.96
Total Assets 18.31 18.29 18.19 18.17 18.11 20.58 20.83 21.46

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
0.04 -0.04 0.00 -0.16 0.16 1.02 6.55 1.32
-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
Net Cash Flow -0.02 -0.05 0.00 0.04 0.19 0.03 -0.13 0.61
Free Cash Flow 0.02 -0.04 0.00 -0.23 0.15 0.14 1.52 0.74
CFO/OP 45% -80% 100% -267% -70% 638% 1,985% 189%

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 0.00 0.00 0.00 9.86 13.69 4.10 45.22 52.14
Inventory Days
Days Payable
Cash Conversion Cycle 0.00 0.00 0.00 9.86 13.69 4.10 45.22 52.14
Working Capital Days -365.00 -320.00 -404.82 -152.91 -59.31 -61.52 -3.23 62.07
ROCE % 0.40% -0.29% 0.00% -1.19% 12.66% 1.09% 3.25%

Insights

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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 ・Standalone data

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Premises / Investment in Property Net Carrying Value
Rs. Lakhs ・Standalone data
Share of Revenue from Operations from Rent
% ・Standalone data

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
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%
34.85% 34.86% 34.86% 34.85% 34.86% 34.86% 34.86% 34.86% 34.86% 34.86% 34.85% 34.85%
No. of Shareholders 16,73816,68816,55618,59720,63824,44034,92842,04642,41242,81843,49343,329

* 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.

Documents

Announcements

Annual reports