Bata India Ltd

AI

Bata India Ltd

₹ 686 -2.11%
24 Aug - close price
About

Bata India is primarily engaged in the business of manufacturing and trading of footwear and accessories through its retail and wholesale network.

Key Points

Parentage
As of Sep 2025, the Bata Corporation holds a 50% stake in the company. Founded in 1894 in the Czech Republic, Bata Corporation is the world's leading shoemaker by volume having a retail presence of over 5,300 shops in more than 70 countries across 5 continents, and operates 21 production facilities in 18 countries. [1] [2]

  • Market Cap 8,812 Cr.
  • Current Price 686
  • High / Low 1,282 / 605
  • Stock P/E 50.8
  • Book Value 123
  • Dividend Yield 3.64 %
  • ROCE 12.8 %
  • ROE 10.6 %
  • Face Value 5.00

Pros

  • Company has been maintaining a healthy dividend payout of 73.4%
  • Company's working capital requirements have reduced from 24.9 days to 16.6 days

Cons

  • Company has a low return on equity of 13.9% 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
958 819 903 798 945 837 918 788 942 801 945 828 979
718 637 722 618 760 663 719 612 743 656 733 677 775
Operating Profit 240 182 182 179 185 174 199 175 199 145 212 151 204
OPM % 25% 22% 20% 22% 20% 21% 22% 22% 21% 18% 22% 18% 21%
13 -25 11 22 150 18 -1 23 12 13 13 -9 18
Interest 28 28 29 31 31 32 31 35 35 34 32 34 33
Depreciation 81 82 86 90 87 90 90 104 106 105 104 105 103
Profit before tax 144 47 77 80 217 70 77 60 70 19 89 4 86
Tax % 25% 26% 26% 25% 20% 25% 24% 27% 26% 28% 26% 43% 26%
108 34 57 60 174 52 58 44 52 14 66 2 64
EPS in Rs 8.39 2.68 4.46 4.69 13.57 4.07 4.53 3.39 4.02 1.07 5.14 0.16 4.96
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 15m Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
2,694 2,415 2,467 2,629 2,928 3,053 1,707 2,388 3,452 3,478 3,488 3,515 3,553
2,343 2,121 2,172 2,263 2,438 2,210 1,539 1,963 2,648 2,684 2,737 2,790 2,841
Operating Profit 351 295 295 366 490 844 168 425 804 794 751 725 712
OPM % 13% 12% 12% 14% 17% 28% 10% 18% 23% 23% 22% 21% 20%
75 97 19 49 66 66 87 54 35 19 185 23 35
Interest 18 16 15 15 14 129 108 99 118 126 141 147 132
Depreciation 79 79 65 60 64 296 265 242 295 339 371 420 417
Profit before tax 329 297 234 340 478 485 -118 137 426 349 424 181 197
Tax % 30% 27% 32% 34% 31% 33% -23% 26% 25% 25% 22% 26%
231 218 159 224 330 327 -90 101 319 260 328 134 146
EPS in Rs 17.99 16.93 12.35 17.40 25.65 25.44 -7.02 7.85 24.83 20.22 25.55 10.39 11.33
Dividend Payout % 18% 21% 28% 23% 24% 16% -57% 694% 54% 59% 74% 87%
Compounded Sales Growth
10 Years: 4%
5 Years: 16%
3 Years: 1%
TTM: 2%
Compounded Profit Growth
10 Years: 0%
5 Years: 32%
3 Years: -19%
TTM: -20%
Stock Price CAGR
10 Years: 3%
5 Years: -17%
3 Years: -26%
1 Year: -38%
Return on Equity
10 Years: 13%
5 Years: 13%
3 Years: 14%
Last Year: 11%

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 64 64 64 64 64 64 64 64 64 64 64 64
Reserves 958 1,158 1,261 1,414 1,682 1,832 1,696 1,750 1,370 1,456 1,502 1,522
0 0 0 0 0 1,249 1,032 1,094 1,245 1,355 1,446 1,387
615 508 597 666 732 589 542 616 587 464 801 796
Total Liabilities 1,637 1,730 1,923 2,145 2,479 3,735 3,334 3,525 3,265 3,340 3,814 3,769
307 302 266 294 315 1,368 1,118 1,224 1,389 1,505 1,798 1,649
CWIP 48 19 30 12 17 20 34 5 4 4 14 4
Investments 5 5 5 5 5 5 5 5 5 5 5 40
1,278 1,404 1,622 1,833 2,142 2,343 2,178 2,291 1,868 1,826 1,995 2,075
Total Assets 1,637 1,730 1,923 2,145 2,479 3,735 3,334 3,525 3,265 3,340 3,814 3,769

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
119 204 262 156 344 580 458 212 629 459 738 595
-66 -116 -233 -107 -277 -187 -50 93 438 33 51 -255
-50 -52 -56 -56 -63 -436 -369 -341 -1,010 -517 -638 -531
Net Cash Flow 2 37 -27 -7 4 -44 39 -37 57 -25 151 -191
Free Cash Flow -15 164 214 80 262 494 422 164 535 361 667 530
CFO/OP 75% 106% 111% 74% 99% 91% 245% 51% 90% 70% 114% 93%

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 8 11 10 12 8 7 17 11 9 8 12 19
Inventory Days 208 216 223 233 238 246 265 292 218 227 197 164
Days Payable 105 104 129 146 147 142 192 153 99 73 84 77
Cash Conversion Cycle 111 123 104 99 100 112 90 150 128 162 124 107
Working Capital Days 39 61 50 55 46 28 11 33 28 43 16 17
ROCE % 34% 22% 22% 25% 31% 25% -0% 8% 20% 19% 15% 13%

Insights

In beta
Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Total EBO Store Network (COCO+FRN+HP)
stores

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Town Coverage via MBOs (I&D)
towns
Franchise Store Count
stores
Inventory Stock Turns
times
E-commerce Penetration
% of turnover
Hush Puppies Store Count
stores
KRO (Key Retail Outlet) Count
outlets
Net Promoter Score (NPS)
score

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
50.16% 50.16% 50.16% 50.16% 50.16% 50.16% 50.16% 50.16% 50.16% 50.16% 50.16% 50.16%
7.51% 7.88% 8.24% 7.63% 8.81% 7.48% 6.93% 6.89% 6.89% 6.18% 6.43% 6.38%
29.97% 29.69% 28.31% 27.52% 27.12% 29.15% 29.46% 29.35% 29.39% 29.31% 28.39% 27.22%
12.36% 12.26% 13.28% 14.70% 13.89% 13.21% 13.45% 13.61% 13.55% 14.34% 15.02% 16.24%
No. of Shareholders 2,09,8462,04,8612,23,1362,53,3342,37,7352,33,6602,34,0802,34,3882,36,1692,39,8852,41,8362,45,930

* 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.

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