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 ₹ 20,848 Cr.
- Current Price ₹ 1,622
- High / Low ₹ 1,771 / 1,381
- Stock P/E 66.3
- Book Value ₹ 109
- Dividend Yield 0.83 %
- ROCE 19.6 %
- ROE 19.8 %
- Face Value ₹ 5.00
Pros
- Company has been maintaining a healthy dividend payout of 225%
Cons
- Stock is trading at 14.9 times its book value
- The company has delivered a poor sales growth of 5.55% over past five years.
- Company has a low return on equity of 6.53% 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: Leather Industry: Leather / Leather Products
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Dec 2011 | Dec 2012 | Dec 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,549 | 1,842 | 2,065 | 2,694 | 2,423 | 2,474 | 2,634 | 2,931 | 3,056 | 1,708 | 2,388 | 3,452 | 3,456 | |
1,310 | 1,556 | 1,728 | 2,343 | 2,129 | 2,178 | 2,271 | 2,441 | 2,210 | 1,540 | 1,960 | 2,647 | 2,647 | |
Operating Profit | 239 | 287 | 338 | 351 | 294 | 296 | 364 | 490 | 846 | 169 | 427 | 804 | 809 |
OPM % | 15% | 16% | 16% | 13% | 12% | 12% | 14% | 17% | 28% | 10% | 18% | 23% | 23% |
165 | 29 | 18 | 75 | 97 | 18 | 49 | 66 | 66 | 87 | 54 | 39 | 5 | |
Interest | 10 | 12 | 13 | 18 | 16 | 15 | 15 | 14 | 129 | 108 | 99 | 118 | 112 |
Depreciation | 41 | 51 | 59 | 79 | 79 | 65 | 60 | 64 | 296 | 265 | 242 | 295 | 315 |
Profit before tax | 352 | 253 | 283 | 329 | 297 | 234 | 337 | 478 | 487 | -117 | 140 | 430 | 388 |
Tax % | 27% | 32% | 33% | 30% | 27% | 32% | 35% | 31% | 32% | 23% | 26% | 25% | |
259 | 172 | 191 | 231 | 217 | 159 | 221 | 329 | 329 | -89 | 103 | 323 | 290 | |
EPS in Rs | 20.14 | 13.39 | 14.86 | 18.00 | 16.91 | 12.37 | 17.16 | 25.60 | 25.59 | -6.95 | 8.01 | 25.13 | 22.54 |
Dividend Payout % | 15% | 22% | 22% | 18% | 21% | 28% | 23% | 24% | 16% | -58% | 680% | 54% |
Compounded Sales Growth | |
---|---|
10 Years: | 6% |
5 Years: | 6% |
3 Years: | 4% |
TTM: | 5% |
Compounded Profit Growth | |
---|---|
10 Years: | 6% |
5 Years: | 8% |
3 Years: | -1% |
TTM: | 2% |
Stock Price CAGR | |
---|---|
10 Years: | 12% |
5 Years: | 9% |
3 Years: | 2% |
1 Year: | -6% |
Return on Equity | |
---|---|
10 Years: | 14% |
5 Years: | 12% |
3 Years: | 7% |
Last Year: | 20% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Dec 2011 | Dec 2012 | Dec 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 64 | 64 | 64 | 64 | 64 | 64 | 64 | 64 | 64 | 64 | 64 | 64 | 64 |
Reserves | 508 | 635 | 776 | 957 | 1,157 | 1,260 | 1,410 | 1,678 | 1,830 | 1,694 | 1,750 | 1,374 | 1,339 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,249 | 1,032 | 1,094 | 1,246 | 1,263 | |
350 | 430 | 542 | 616 | 512 | 599 | 667 | 732 | 589 | 542 | 616 | 587 | 570 | |
Total Liabilities | 923 | 1,130 | 1,382 | 1,637 | 1,733 | 1,923 | 2,141 | 2,474 | 3,732 | 3,332 | 3,525 | 3,272 | 3,236 |
221 | 243 | 248 | 309 | 304 | 268 | 296 | 317 | 1,369 | 1,120 | 1,226 | 1,392 | 1,418 | |
CWIP | 8 | 18 | 24 | 48 | 19 | 30 | 12 | 17 | 20 | 34 | 5 | 4 | 1 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
693 | 868 | 1,110 | 1,280 | 1,410 | 1,625 | 1,833 | 2,140 | 2,343 | 2,179 | 2,294 | 1,876 | 1,817 | |
Total Assets | 923 | 1,130 | 1,382 | 1,637 | 1,733 | 1,923 | 2,141 | 2,474 | 3,732 | 3,332 | 3,525 | 3,272 | 3,236 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Dec 2011 | Dec 2012 | Dec 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
31 | 184 | 182 | 119 | 204 | 257 | 160 | 345 | 582 | 461 | 212 | 629 | |
3 | -128 | -118 | -66 | -114 | -229 | -112 | -278 | -189 | -53 | 93 | 439 | |
-28 | -46 | -46 | -50 | -52 | -56 | -56 | -63 | -436 | -369 | -341 | -1,011 | |
Net Cash Flow | 7 | 11 | 18 | 2 | 37 | -28 | -7 | 4 | -43 | 39 | -37 | 57 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Dec 2011 | Dec 2012 | Dec 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 7 | 9 | 9 | 8 | 11 | 10 | 12 | 8 | 8 | 17 | 11 | 9 |
Inventory Days | 197 | 194 | 224 | 208 | 217 | 225 | 232 | 238 | 246 | 265 | 292 | 218 |
Days Payable | 97 | 92 | 110 | 105 | 104 | 129 | 146 | 146 | 142 | 192 | 153 | 99 |
Cash Conversion Cycle | 107 | 111 | 123 | 111 | 124 | 106 | 99 | 100 | 112 | 90 | 150 | 128 |
Working Capital Days | 38 | 32 | 36 | 39 | 61 | 51 | 56 | 46 | 54 | 47 | 64 | 52 |
ROCE % | 42% | 42% | 40% | 34% | 22% | 22% | 25% | 31% | 25% | -0% | 8% | 20% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 1d
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 17 Nov
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
14 Nov - Bata India Limited has informed about Transcript of Post Earnings Call pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015 (as amended)
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 12 Nov
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
9 Nov - Bata India Limited has informed about the Audio Recording of Post Earnings Call pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015 (as amended)
Annual reports
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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
from bse
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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
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Financial Year 2011
from nse
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Financial Year 2010
from nse
Concalls
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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 2022TranscriptNotesPPT
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Aug 2022Transcript PPT
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May 2022Transcript PPT
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Feb 2022TranscriptNotesPPT
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Nov 2021TranscriptNotesPPT
World’s leading Footwear company
Bata Corporation was founded in the year 1894 in the Czech Republic. The company is the world's leading shoemaker by volume, having retail presence of over 5,300 shops in more than 70 countries and production facilities in 18 countries. It forayed into India in the year 1931 and went public in 1973. Currently, the Bata corporation owns a 53% stake in the company. [1] [2]