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 ₹ 19,631 Cr.
- Current Price ₹ 1,527
- High / Low ₹ 1,705 / 1,000
- Stock P/E
- Book Value ₹ 132
- Dividend Yield 0.26 %
- ROCE 25.4 %
- ROE 18.2 %
- Face Value ₹ 5.00
Pros
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 21.12%
Cons
- Stock is trading at 11.55 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 2.55% over past five years.
- Earnings include an other income of Rs.92.17 Cr.
- Company's cost of borrowing seems high
Peer comparison
Sector: Leather Industry: Leather / Leather Products
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|
798 | 673 | 780 | 680 | 883 | 722 | 831 | 621 | 135 | 368 | 616 | |
666 | 586 | 616 | 585 | 639 | 537 | 567 | 481 | 221 | 350 | 498 | |
Operating Profit | 132 | 87 | 164 | 95 | 243 | 185 | 264 | 140 | -86 | 18 | 118 |
OPM % | 17% | 13% | 21% | 14% | 28% | 26% | 32% | 23% | -64% | 5% | 19% |
Other Income | 12 | 15 | 14 | 28 | 17 | 18 | 17 | 17 | 52 | 14 | 9 |
Interest | 1 | 1 | 1 | 1 | 31 | 31 | 28 | 27 | 28 | 27 | 25 |
Depreciation | 15 | 15 | 17 | 17 | 73 | 75 | 76 | 71 | 73 | 64 | 65 |
Profit before tax | 128 | 85 | 159 | 106 | 156 | 97 | 176 | 58 | -135 | -58 | 36 |
Tax % | 36% | 35% | 35% | 16% | 35% | 27% | 33% | 34% | 25% | 24% | 27% |
Net Profit | 82 | 55 | 103 | 89 | 101 | 71 | 118 | 38 | -101 | -44 | 26 |
EPS in Rs | 6.41 | 4.27 | 8.02 | 6.90 | 7.86 | 5.55 | 9.20 | 2.99 | -7.85 | -3.45 | 2.06 |
Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
987 | 1,092 | 1,275 | 1,549 | 1,842 | 2,065 | 2,694 | 2,423 | 2,474 | 2,634 | 2,931 | 3,056 | 1,739 | |
901 | 969 | 1,112 | 1,310 | 1,556 | 1,728 | 2,345 | 2,162 | 2,178 | 2,271 | 2,441 | 2,210 | 1,549 | |
Operating Profit | 86 | 122 | 163 | 239 | 287 | 338 | 349 | 261 | 296 | 364 | 490 | 846 | 190 |
OPM % | 9% | 11% | 13% | 15% | 16% | 16% | 13% | 11% | 12% | 14% | 17% | 28% | 11% |
Other Income | 14 | 11 | 14 | 165 | 29 | 18 | 77 | 130 | 18 | 49 | 66 | 66 | 92 |
Interest | 11 | 10 | 8 | 10 | 12 | 13 | 18 | 16 | 15 | 15 | 14 | 129 | 107 |
Depreciation | 19 | 28 | 33 | 41 | 51 | 59 | 79 | 79 | 65 | 60 | 64 | 296 | 274 |
Profit before tax | 70 | 96 | 136 | 352 | 253 | 283 | 329 | 297 | 234 | 337 | 478 | 487 | -99 |
Tax % | 15% | 35% | 35% | 27% | 32% | 33% | 30% | 27% | 32% | 35% | 31% | 32% | |
Net Profit | 59 | 63 | 88 | 259 | 172 | 191 | 231 | 217 | 159 | 221 | 329 | 329 | -80 |
EPS in Rs | 4.60 | 4.87 | 6.88 | 20.14 | 13.39 | 14.86 | 18.00 | 16.91 | 12.37 | 17.16 | 25.60 | 25.59 | -6.25 |
Dividend Payout % | 27% | 31% | 29% | 15% | 22% | 22% | 18% | 21% | 28% | 23% | 24% | 16% |
Compounded Sales Growth | |
---|---|
10 Years: | 11% |
5 Years: | 3% |
3 Years: | 7% |
TTM: | -44% |
Compounded Profit Growth | |
---|---|
10 Years: | 18% |
5 Years: | 9% |
3 Years: | 23% |
TTM: | -120% |
Stock Price CAGR | |
---|---|
10 Years: | 24% |
5 Years: | 25% |
3 Years: | 29% |
1 Year: | -1% |
Return on Equity | |
---|---|
10 Years: | 20% |
5 Years: | 17% |
3 Years: | 18% |
Last Year: | 18% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Sep 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
64 | 64 | 64 | 64 | 64 | 64 | 64 | 64 | 64 | 64 | 64 | 64 | 64 | |
Reserves | 233 | 272 | 329 | 508 | 635 | 776 | 957 | 1,157 | 1,260 | 1,410 | 1,678 | 1,830 | 1,635 |
Borrowings | 45 | 30 | 76 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,249 | 211 |
316 | 328 | 454 | 350 | 430 | 542 | 616 | 512 | 599 | 667 | 732 | 589 | 1,377 | |
Total Liabilities | 658 | 694 | 923 | 923 | 1,130 | 1,382 | 1,637 | 1,733 | 1,923 | 2,141 | 2,474 | 3,732 | 3,288 |
121 | 134 | 157 | 221 | 243 | 248 | 309 | 304 | 268 | 296 | 317 | 1,369 | 1,206 | |
CWIP | 3 | 3 | 0 | 8 | 18 | 24 | 48 | 19 | 30 | 12 | 17 | 20 | 14 |
Investments | 13 | 17 | 12 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
521 | 539 | 753 | 693 | 868 | 1,110 | 1,280 | 1,410 | 1,625 | 1,833 | 2,140 | 2,343 | 2,068 | |
Total Assets | 658 | 694 | 923 | 923 | 1,130 | 1,382 | 1,637 | 1,733 | 1,923 | 2,141 | 2,474 | 3,732 | 3,288 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
35 | 100 | 59 | 31 | 184 | 182 | 119 | 204 | 257 | 160 | 345 | 582 | |
-14 | -58 | -85 | 3 | -128 | -118 | -66 | -114 | -229 | -112 | -278 | -189 | |
-26 | -35 | 26 | -28 | -46 | -46 | -50 | -52 | -56 | -56 | -63 | -436 | |
Net Cash Flow | -5 | 7 | -0 | 7 | 11 | 18 | 2 | 37 | -28 | -7 | 4 | -43 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
ROCE % | 25% | 30% | 35% | 42% | 42% | 40% | 34% | 22% | 22% | 25% | 31% | 25% |
Debtor Days | 10 | 9 | 9 | 7 | 9 | 9 | 8 | 11 | 10 | 12 | 8 | 8 |
Inventory Turnover | 1.39 | 1.49 | 1.61 | 1.92 | 2.14 | 1.91 | 2.02 | 1.74 | 1.73 | 1.70 | 1.68 | 1.58 |
Documents
Add documentRecent announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 3 Mar
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 26 Feb
- Announcement under Regulation 30 (LODR)-Newspaper Publication 23 Feb
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 22 Feb
- Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 22 Feb
View all
Annual reports
- Financial Year 2020 from bse
- Financial Year 2019 from bse
- Financial Year 2018 from bse
- Financial Year 2017 from bse
- Financial Year 2016 from bse
- Financial Year 2015 from bse
- Financial Year 2013 from bse
- Financial Year 2012 from bse
- Financial Year 2012 from nse
- Financial Year 2011 from bse
- Financial Year 2011 from nse
- Financial Year 2010 from bse
- Financial Year 2010 from nse
- Financial Year 2009 from nse