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 ₹ 420 Cr.
- Current Price ₹ 37.6
- High / Low ₹ 37.6 / 1.44
- Stock P/E 174
- Book Value ₹ 1.79
- Dividend Yield 0.00 %
- ROCE 12.7 %
- ROE 12.7 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
Cons
- Stock is trading at 21.0 times its book value
- Company has a low return on equity of 4.02% 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
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 | TTM | |
---|---|---|---|---|---|---|---|
0.72 | 0.73 | 0.55 | 0.74 | 0.80 | 0.89 | 0.99 | |
0.61 | 0.68 | 0.54 | 0.68 | 1.03 | 0.73 | 0.78 | |
Operating Profit | 0.11 | 0.05 | 0.01 | 0.06 | -0.23 | 0.16 | 0.21 |
OPM % | 15.28% | 6.85% | 1.82% | 8.11% | -28.75% | 17.98% | 21.21% |
0.00 | 0.08 | 0.00 | 0.23 | 0.22 | 2.31 | 0.01 | |
Interest | 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 | 0.10 |
Profit before tax | 0.05 | 0.07 | -0.05 | 0.23 | -0.06 | 2.41 | 0.12 |
Tax % | 20.00% | 0.00% | 20.00% | 0.00% | 0.00% | 0.00% | |
0.04 | 0.07 | -0.06 | 0.23 | -0.06 | 2.41 | 2.42 | |
EPS in Rs | 0.00 | 0.01 | -0.01 | 0.02 | -0.01 | 0.22 | 0.21 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 4% |
3 Years: | 17% |
TTM: | 19% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 126% |
3 Years: | 247% |
TTM: | 1613% |
Stock Price CAGR | |
---|---|
10 Years: | 67% |
5 Years: | % |
3 Years: | % |
1 Year: | 2494% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 2% |
3 Years: | 4% |
Last Year: | 13% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|
Equity Capital | 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 | -2.32 |
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 | 0.57 | |
Total Liabilities | 18.31 | 18.29 | 18.19 | 18.17 | 18.11 | 20.58 | 20.63 |
1.99 | 1.94 | 1.88 | 1.89 | 1.85 | 2.68 | 2.98 | |
CWIP | 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 | 4.13 |
14.32 | 14.27 | 14.23 | 14.24 | 14.24 | 13.47 | 13.52 | |
Total Assets | 18.31 | 18.29 | 18.19 | 18.17 | 18.11 | 20.58 | 20.63 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
0.04 | -0.04 | 0.00 | -0.16 | 0.16 | 1.02 | |
-0.06 | 0.00 | 0.00 | 0.20 | 0.03 | -0.98 | |
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 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
Debtor Days | 0.00 | 0.00 | 0.00 | 9.86 | 13.69 | 4.10 |
Inventory Days | ||||||
Days Payable | ||||||
Cash Conversion Cycle | 0.00 | 0.00 | 0.00 | 9.86 | 13.69 | 4.10 |
Working Capital Days | -365.00 | -320.00 | -404.82 | -152.91 | -59.31 | -61.52 |
ROCE % | 0.40% | -0.29% | 0.00% | -1.19% | 12.66% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
7 Nov - Scanned copy of Newspaper release of the Un-audited Standalone and Consolidated Results for the Quarter and Half-Year Ended 30.09.2024.
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OUTCOME OF BOARD MEETING HELD ON 06TH NOVEMBER 2024
6 Nov - Board approved un-audited financial results for Q2 2024.
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Board Meeting Outcome for OUTCOME OF BOARD MEETING HELD ON 06TH NOVEMBER, 2024
6 Nov - Board approved unaudited financial results for Q2 2024.
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Board Meeting Intimation for Approval Of Un-Audited Standalone & Consolidated Financial Results For The Quarter And Half Year Ended 30.09.2024.
29 Oct - Board meeting scheduled for November 06, 2024.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
10 Oct - Certificate under Regulation 74(5) for Q2 2024.
Annual reports
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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
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Financial Year 2010
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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.