Bata India Ltd
Bata India is primarily engaged in the business of manufacturing and trading of footwear and accessories through its retail and wholesale network.
- Market Cap ₹ 11,904 Cr.
- Current Price ₹ 926
- High / Low ₹ 1,425 / 914
- Stock P/E 64.0
- Book Value ₹ 119
- Dividend Yield 2.05 %
- ROCE 15.1 %
- ROE 15.6 %
- Face Value ₹ 5.00
Pros
- Company has been maintaining a healthy dividend payout of 62.1%
- Company's working capital requirements have reduced from 28.6 days to 15.6 days
Cons
- Stock is trading at 7.81 times its book value
- The company has delivered a poor sales growth of 2.68% over past five 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
Consumer Discretionary Consumer Durables Consumer Durables Footwear
Part of BSE 500 Nifty 500 BSE SmallCap BSE Allcap BSE Consumer Discretionary
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Dec 2013 | Mar 2015 15m | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2,065 | 2,694 | 2,423 | 2,474 | 2,634 | 2,931 | 3,056 | 1,708 | 2,388 | 3,452 | 3,479 | 3,489 | 3,450 | |
| 1,728 | 2,343 | 2,129 | 2,178 | 2,271 | 2,441 | 2,210 | 1,540 | 1,960 | 2,647 | 2,682 | 2,736 | 2,729 | |
| Operating Profit | 338 | 351 | 294 | 296 | 364 | 490 | 846 | 169 | 427 | 804 | 797 | 753 | 721 |
| OPM % | 16% | 13% | 12% | 12% | 14% | 17% | 28% | 10% | 18% | 23% | 23% | 22% | 21% |
| 18 | 75 | 97 | 18 | 49 | 66 | 66 | 87 | 54 | 39 | 19 | 186 | 47 | |
| Interest | 13 | 18 | 16 | 15 | 15 | 14 | 129 | 108 | 99 | 118 | 126 | 141 | 135 |
| Depreciation | 59 | 79 | 79 | 65 | 60 | 64 | 296 | 265 | 242 | 295 | 339 | 371 | 405 |
| Profit before tax | 283 | 329 | 297 | 234 | 337 | 478 | 487 | -117 | 140 | 430 | 351 | 426 | 229 |
| Tax % | 33% | 30% | 27% | 32% | 35% | 31% | 32% | -23% | 26% | 25% | 25% | 22% | |
| 191 | 231 | 217 | 159 | 221 | 329 | 329 | -89 | 103 | 323 | 263 | 331 | 171 | |
| EPS in Rs | 14.86 | 18.00 | 16.91 | 12.37 | 17.16 | 25.60 | 25.59 | -6.95 | 8.01 | 25.13 | 20.42 | 25.73 | 13.27 |
| Dividend Payout % | 22% | 18% | 21% | 28% | 23% | 24% | 16% | -58% | 680% | 54% | 59% | 74% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | 3% |
| 3 Years: | 13% |
| TTM: | -1% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 1% |
| 5 Years: | -6% |
| 3 Years: | 33% |
| TTM: | -23% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | -11% |
| 3 Years: | -17% |
| 1 Year: | -35% |
| Return on Equity | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 11% |
| 3 Years: | 18% |
| Last Year: | 16% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Dec 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 64 | 64 | 64 | 64 | 64 | 64 | 64 | 64 | 64 | 64 | 64 | 64 | 64 |
| Reserves | 776 | 957 | 1,157 | 1,260 | 1,410 | 1,678 | 1,830 | 1,694 | 1,750 | 1,374 | 1,463 | 1,511 | 1,460 |
| 0 | 0 | 0 | 0 | 0 | 0 | 1,249 | 1,032 | 1,094 | 1,246 | 1,357 | 1,446 | 1,378 | |
| 542 | 616 | 512 | 599 | 667 | 732 | 589 | 542 | 616 | 587 | 466 | 801 | 788 | |
| Total Liabilities | 1,382 | 1,637 | 1,733 | 1,923 | 2,141 | 2,474 | 3,732 | 3,332 | 3,525 | 3,272 | 3,350 | 3,823 | 3,691 |
| 248 | 309 | 304 | 268 | 296 | 317 | 1,369 | 1,120 | 1,226 | 1,392 | 1,509 | 1,800 | 1,688 | |
| CWIP | 24 | 48 | 19 | 30 | 12 | 17 | 20 | 34 | 5 | 4 | 4 | 14 | 1 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 25 |
| 1,110 | 1,280 | 1,410 | 1,625 | 1,833 | 2,140 | 2,343 | 2,179 | 2,294 | 1,876 | 1,837 | 2,008 | 1,978 | |
| Total Assets | 1,382 | 1,637 | 1,733 | 1,923 | 2,141 | 2,474 | 3,732 | 3,332 | 3,525 | 3,272 | 3,350 | 3,823 | 3,691 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Dec 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 182 | 119 | 204 | 257 | 160 | 345 | 582 | 461 | 212 | 629 | 453 | 738 | |
| -118 | -66 | -114 | -229 | -112 | -278 | -189 | -53 | 93 | 439 | 40 | 53 | |
| -46 | -50 | -52 | -56 | -56 | -63 | -436 | -369 | -341 | -1,011 | -518 | -638 | |
| Net Cash Flow | 18 | 2 | 37 | -28 | -7 | 4 | -43 | 39 | -37 | 57 | -24 | 153 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Dec 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 9 | 8 | 11 | 10 | 12 | 8 | 8 | 17 | 11 | 9 | 8 | 12 |
| Inventory Days | 224 | 208 | 217 | 225 | 232 | 238 | 246 | 265 | 292 | 218 | 227 | 195 |
| Days Payable | 110 | 105 | 104 | 129 | 146 | 146 | 142 | 192 | 153 | 99 | 73 | 84 |
| Cash Conversion Cycle | 123 | 111 | 124 | 106 | 99 | 100 | 112 | 90 | 150 | 128 | 162 | 123 |
| Working Capital Days | 36 | 39 | 61 | 51 | 56 | 46 | 28 | 10 | 33 | 27 | 43 | 16 |
| ROCE % | 40% | 34% | 22% | 22% | 25% | 31% | 25% | -0% | 8% | 20% | 19% | 15% |
Documents
Announcements
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Announcement Under Regulation 30 (LODR) - Update On VRS
1d - VRS at Bata Shatak, Hosur fully implemented; Rs.280.6 million financial impact.
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Announcements Under Regulation 30 (LODR) - VRS
8 Jan - Bata India approved VRS for eligible workmen at Bata Shatak Unit, Hosur; financial impact to be disclosed later.
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Intimation Under Regulation 30 Of The SEBI (LODR) Regulations, 2015
30 Dec - GST demand/penalty Rs.23,94,974 dated Dec 30, 2025 for unsupported ITC (FY2021-22).
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Re-Lodgement Of Transfer Requests Of Physical Shares
24 Dec - Re-lodgement report of physical share transfer requests for month ended Nov 30, 2025, submitted to SEBI.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
24 Dec - Bata India Limited has informed about Newspaper Publications
Annual reports
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Financial Year 2025
from bse
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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 2013
from bse
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Financial Year 2012
from nse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
Concalls
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Nov 2025Transcript PPT
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Aug 2025Transcript PPT REC
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Jun 2025Transcript PPT REC
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Feb 2025Transcript PPT REC
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Nov 2024Transcript PPT
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Aug 2024Transcript PPT
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Jun 2024Transcript PPT
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT
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Aug 2023Transcript PPT
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May 2023Transcript PPT
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Feb 2023Transcript PPT
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Nov 2022Transcript PPT
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Nov 2022TranscriptAI SummaryPPT
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Aug 2022Transcript PPT
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May 2022Transcript PPT
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Feb 2022TranscriptAI SummaryPPT
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Nov 2021TranscriptAI SummaryPPT
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]