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 ₹ 92.0 Cr.
- Current Price ₹ 8.22
- High / Low ₹ 18.7 / 6.45
- Stock P/E 128
- Book Value ₹ 1.87
- Dividend Yield 0.00 %
- ROCE 3.25 %
- ROE 3.50 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
Cons
- Stock is trading at 4.39 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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
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: | 36% |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -23% |
| 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
In beta| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Block (Premises/Infrastructure) INR Lakhs ・Standalone data |
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| Course Fee Revenue INR Lakhs ・Standalone data |
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| Number of Permanent Employees Number ・Standalone data |
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| Rent Income INR Lakhs ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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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.
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Board Meeting Intimation for Approval Of The Audited Financial Results Of The Company, Both On Standalone And Consolidated Basis, For The Quarter And Financial Year Ended March 31, 2026.
19 May - Board to meet on 25 May 2026 to approve audited FY26 standalone and consolidated results.
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Compliances-Reg.24(A)-Annual Secretarial Compliance
12 May - Submitted Annual Secretarial Compliance Report for FY ended 31 March 2026; one late board-meeting intimation fined.
Annual reports
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Financial Year 2025
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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.