Bata India Ltd Stock Analysis

BSE: 500043 | NSE: BATAINDIA | Retailing | Mid Cap

BSE Share Price 06-Feb-2023 18:01
1523.45 -6.45 (-0.42%)

DeciZen - Make an Informed Decision on Bata india

Overall Rating

1. Quality

2. Valuation

Fair

3. Price Trend

Bata india Price Chart

P/E Ratio ( CD) :
63.54
Market Cap :
19,663.4 Cr.
52-wk low :
1,476.3
52-wk high :
2,044.2
Bole Toh?

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.

10 Year X-Ray of Bata india:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Bata India Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Dec'12Dec'13Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 28.3%27.2%24.6%14.9%14.8%16.5%21.1%23.2%-0.5%9.7%-
Value Creation Index 1.11.00.80.10.10.20.61.1-1.0-0.1-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1,8422,0652,1552,4232,4742,6342,9313,0561,7082,3883,279
YoY Gr. Rt. %-12.1%4.4%12.4%2.1%6.5%11.3%4.3%-44.1%39.8%-
Adj EPS 13.415.613.512.113.917.225.625.8-6.68.124.1
YoY Gr. Rt. %-16.6%-13.4%-10.2%14.6%23.9%49%0.8%-125.7%NA-
BVPS (₹) 52.163.261.995103114.7135.5147.4136.8141.2100.2
Adj Net Profit 172200173156178221329332-85.2104309
Cash Flow from Ops. 18418395204257160345582461212-
Debt/CF from Ops. 0000000000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 2.9%-0.7%-6.6%39.8%
Adj EPS -5.5%-10.3%-32%NA
BVPS 11.76.51.43.2
Share Price 14.9% 17.4% -6.3% -21.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Dec'12Dec'13Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 272623.313.91415.820.518.3-4.75.820
Op. Profit Mgn % 15.616.413.112.11213.816.727.79.91822.5
Net Profit Mgn % 9.39.786.47.28.411.210.9-54.39.4
Debt to Equity 00000000000
Working Cap Days 114124118146144148145147236166164
Cash Conv. Cycle 3540354138272231525270

Recent Performance Summary

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%

Latest Financials - Bata India Ltd.

Standalone Consolidated
TTM EPS (₹) 23.8 24.1
TTM Sales (₹ Cr.) 3,279 3,279
BVPS (₹.) 99.9 100.2
Reserves (₹ Cr.) 1,219 1,223
P/BV 15.32 15.27
PE 64.34 63.54
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

Management X-Ray of Bata india :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Bata india

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Bata India Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Bata india on 06-Feb-2023 18:01 is : 1,523.5.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 06-Feb-2023 18:01 the market cap of Bata india stood at ₹ 19,663.4.
The latest PE ratio of Bata india as of 06-Feb-2023 18:01 is 64.34.
The latest PB ratio of Bata india as of 06-Feb-2023 18:01 is 15.32
The 52-week high of Bata india is ₹ 2,044.2 and the 52-week low is ₹ 1,476.3.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Bata india is ₹ 3,279 ( Cr.) .

About Bata India Ltd

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.

Awards

2010:

  • 'Brand Equity' recognized Bata in the 'TOP 50 Most Trusted Brands'.
  • Listed amongst India's Largest Corporations by Fortune India Magazine.
  • Received Images Fashion Award for the Most Admired Retail Partner of the Year.
  • Received the ‘Most Admired Footwear Brand’ of the year award by Images Fashion Forum.

2011:

  • Awarded ‘Retailer of Year (Footwear/Non Apparel)’ by the Asia Retail Congress at Mumbai.
  • Received the ‘Most Admired Footwear Brand’ of the year award by Images Fashion Forum in Mumbai.
  • Amity University awarded Bata India ‘Corporate Excellence Award for the Best Retail Chain’.
  • Recognized as the Most Trusted Brand at 18th position by the Brand Trust Report.
  • Awarded the ‘SUPERBRANDS’ status again for the year 2012.

2012:

  • Brand equity recognized Bata as one of the 'Top most trusted brands' in November 2012. 
  • Awarded the 'Most Admired Large Format Multi Brand Footwear Retailer of the Year - National Chain' by the Images Shoes & Accessories forum.
  • Awarded the 'Customer & Brand Loyalty Award in the Footwear Sector ' from AIMIA.
  • The Brand Trust Report recognized Bata India as the most trusted brand at the 18th position.

2013:

  • Bagged the No. 1 position in the FOOTWEAR category by Brand Equity.
  • Awarded Images Most Admired National Footwear Retail Chain of the Year.
  • Ranked at the 11th position by DNA Newspaper on the basis of a survey conducted by research firm TRA amongst the top Brands in India.

2014-15:

  • 'Pitch Top 50 Brands 2014' Awards by Pitch Magazine.
  • 'Platinum Awards Winner-2014'- Reader's Digest Trusted Brands by India Today.
  • 'The Economic Times Best 200 Brands in India' by The Economic Times.
  • 'Dun & Bradstreet Corporate Awards -2014' by Dun & Bradstreet.
  • Brand Equity recognized BATA in the ‘Top 50 Most Trusted Brands’ of the Country and recognized BATA at the 9th position.
  • 'Delhi NCR's Hot 50 Brands' Awards by Hindustan Times.
  • 'Golden Global Achiever's' Awards by Institute of Economic Studies.
  • 'Child's Most Popular Award - 2014' by The Child Magazine.

2015-16:

  • Dun & Bradstreet Corporate Awards-2015.
  • The Most Trusted Brand-Brand Trust Report, India Study 2015.
  • Best Footwear Brand 2015 - Brand with outstanding e-Retail Performance and re-design/re-launch of the Year by Franchise India.

2017-18:

  • IMAGES Most Admired Footwear Brand of the year 2017 at the 18th Annual IMAGES Fashion Awards.
  • Featured among AFAQ’S 2017 India’s Buzziest Brands.
  • Dun & Bradstreet corporate award 2017.

2018-19:

  • Awarded for Most Admired Fashion Brand of the Year at India Fashion Forum.
  • Awarded as Most Admired Fashion Brand of the Year (FOOTWEAR) at 19th Annual IMAGES Fashion Awards.
  • Awarded for Outstanding Sales in 2017-18 for Hush Puppies.
  • Named the Champion in Supplier Development at 11th CII National Competitiveness and Cluster Summit, 2018.
  • Named the 2018 Reader’s Digest Most Trusted Brand.

2019-20:

  • Best Customer Retail Experience’2019 Awarded by Customer Fest Awards.
  • Most Admired Fashion Brand of The Year (Footwear)’ 2019 Awarded by Images Fashion Awards.
  • Most Influential Brand of The Year’2019 Awarded by Images Fashion Awards.
  • Best Innovation in Retention Strategy’2019 Awarded by RAI.
  • Silver Kaizen for ‘5S & Safety’ Awarded at 12th CII National Competitiveness & Cluster Summit 2019.
  • Marquee 2019 Award by AdClub.
  • Winner ‘Zero Defect Manufacturing’ Case Study Awarded at 12th CII National Competitiveness & Cluster Summit 2019.
  • Recognition for ‘OEM Initiative For Supplier Development’ Awarded at 12th CII National Competitiveness & Cluster Summit 2019.
  • Winner ‘Cluster Approach On Supplier Development’ Awarded at 12th CII National Competitiveness & Cluster Summit 2019.
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