1. Is Bata India Ltd a good quality company?
Past 10 year's financial track record analysis by Moneyworks4me indicates that Bata India Ltd is a good quality company.
2. Is Bata India Ltd undervalued or overvalued?
The key valuation ratios of Bata India Ltd's currently when compared to its past seem to suggest it is in the Fair zone.
3. Is Bata India Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Bata India Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
Value Creation ⓘ
Value Creation Index Colour Code Guide ⓘ
|ROCE % ⓘ||28.3%||27.2%||24.6%||14.9%||14.8%||16.5%||21.1%||23.2%||-0.5%||9.7%||-|
|Value Creation Index ⓘ||1.1||1.0||0.8||0.1||0.1||0.2||0.6||1.1||-1.0||-0.1||-|
Growth Parameters ⓘ
Growth Parameters Colour Code Guide ⓘ
|YoY Gr. Rt. %||-||12.1%||4.4%||12.4%||2.1%||6.5%||11.3%||4.3%||-44.1%||39.8%||-|
|Adj EPS ⓘ||13.4||15.6||13.5||12.1||13.9||17.2||25.6||25.8||-6.6||8.1||24.1|
|YoY Gr. Rt. %||-||16.6%||-13.4%||-10.2%||14.6%||23.9%||49%||0.8%||-125.7%||NA||-|
|BVPS (₹) ⓘ||52.1||63.2||61.9||95||103||114.7||135.5||147.4||136.8||141.2||100.2|
|Adj Net Profit ⓘ||172||200||173||156||178||221||329||332||-85.2||104||309|
|Cash Flow from Ops. ⓘ||184||183||95||204||257||160||345||582||461||212||-|
|Debt/CF from Ops. ⓘ||0||0||0||0||0||0||0||0||0||0||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||-5.5%||-10.3%||-32%||NA|
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||27||26||23.3||13.9||14||15.8||20.5||18.3||-4.7||5.8||20|
|Op. Profit Mgn % ⓘ||15.6||16.4||13.1||12.1||12||13.8||16.7||27.7||9.9||18||22.5|
|Net Profit Mgn % ⓘ||9.3||9.7||8||6.4||7.2||8.4||11.2||10.9||-5||4.3||9.4|
|Debt to Equity ⓘ||0||0||0||0||0||0||0||0||0||0||0|
|Working Cap Days ⓘ||114||124||118||146||144||148||145||147||236||166||164|
|Cash Conv. Cycle ⓘ||35||40||35||41||38||27||22||31||52||52||70|
Return on Equity has increased versus last 3 years average to 20.00%
Sales growth is good in last 4 quarters at 84.42%
Sales growth has been subdued in last 3 years -6.61%
Net Profit has been subdued in last 3 years -31.99%
|TTM EPS (₹)||23.8||24.1|
|TTM Sales (₹ Cr.)||3,279||3,279|
|BVPS (₹.) ⓘ||99.9||100.2|
|Reserves (₹ Cr.) ⓘ||1,219||1,223|
|From the Market|
|52 Week Low / High (₹)||1476.30 / 2044.20|
|All Time Low / High (₹)||11.86 / 2261.65|
|Market Cap (₹ Cr.)||19,663|
|Equity (₹ Cr.)||64.3|
|Face Value (₹)||5|
|Industry PE ⓘ||77.7|
Bata India has incorporated as Bata Shoe Company Private Limited in 1931. The company was set up initially as a small operation in Konnagar (near Calcutta) in 1932. In January 1934, the foundation stone for the first building of Bata’s operation - now called the Bata. In the years that followed, the overall site was doubled in area. This township is popularly known as Batanagar. It was also the first manufacturing facility in the Indian shoe industry to receive the ISO: 9001 certification. The company went public in 1973 when it changed its name to Bata India. Today, Bata India has established itself as India’s largest footwear retailer. Its retail network of several stores gives it a reach / coverage that no other footwear company can match. The stores are present in good locations and can be found in all the metros, mini-metros and towns. Bata’s smart looking new stores supported by a range of better quality products are aimed at offering a superior shopping experience to its customers. The company also operates a large non retail distribution network through its urban wholesale division and caters to millions of customers through many dealers.
Business area of the company
The company is the largest retailer and leading manufacturer of footwear in India and is a part of the Bata Shoe Organization. The company’s four state-of-the-art production facilities are located strategically across India, producing all kinds of footwear. Currently, the company owns brands like Mocassino, Hush Puppies, Scholls, North Star, Power, Marie Claire, Bubblegummers, Ambassador, Comfit.