BSE:500043

Stock Analysis Report

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Market Cap

₹211.3b

Last Updated

2021/06/21 12:11 UTC

Data Sources

Company Financials +

Executive Summary

Bata India Limited manufactures and trades in footwear and accessories through its retail and wholesale network in India. More Details

Rewards

Earnings are forecast to grow 125.37% per year

Risk Analysis

No risks detected for 500043 from our risk checks.


Snowflake Analysis

Exceptional growth potential with flawless balance sheet.


Similar Companies

Share Price & News

How has Bata India's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 500043 is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: 500043's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

1.3%

500043

-0.6%

IN Luxury

-1.5%

IN Market


1 Year Return

23.9%

500043

78.8%

IN Luxury

60.8%

IN Market

Return vs Industry: 500043 underperformed the Indian Luxury industry which returned 78.7% over the past year.

Return vs Market: 500043 underperformed the Indian Market which returned 60.9% over the past year.


Shareholder returns

500043IndustryMarket
7 Day1.3%-0.6%-1.5%
30 Day12.0%10.0%4.3%
90 Day11.8%17.1%10.8%
1 Year24.3%23.9%79.7%78.8%63.3%60.8%
3 Year104.1%101.5%46.3%43.2%40.4%33.5%
5 Year225.0%216.9%123.1%112.1%96.5%81.7%

Long-Term Price Volatility Vs. Market

How volatile is Bata India's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Bata India undervalued compared to its fair value and its price relative to the market?

12.17x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: 500043 (₹1644.35) is trading above our estimate of fair value (₹597.92)

Significantly Below Fair Value: 500043 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 500043 is unprofitable, so we can't compare its PE Ratio to the Indian Luxury industry average.

PE vs Market: 500043 is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 500043's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 500043 is overvalued based on its PB Ratio (12x) compared to the IN Luxury industry average (0.9x).


Future Growth

How is Bata India forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

125.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 500043 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (6.8%).

Earnings vs Market: 500043 is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: 500043's is expected to become profitable in the next 3 years.

Revenue vs Market: 500043's revenue (39.7% per year) is forecast to grow faster than the Indian market (12.7% per year).

High Growth Revenue: 500043's revenue (39.7% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 500043's Return on Equity is forecast to be high in 3 years time (26%)


Past Performance

How has Bata India performed over the past 5 years?

-17.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 500043 is currently unprofitable.

Growing Profit Margin: 500043 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 500043 is unprofitable, and losses have increased over the past 5 years at a rate of 17.9% per year.

Accelerating Growth: Unable to compare 500043's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 500043 is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (-7.2%).


Return on Equity

High ROE: 500043 has a negative Return on Equity (-5.08%), as it is currently unprofitable.


Financial Health

How is Bata India's financial position?


Financial Position Analysis

Short Term Liabilities: 500043's short term assets (₹18.6B) exceed its short term liabilities (₹7.1B).

Long Term Liabilities: 500043's short term assets (₹18.6B) exceed its long term liabilities (₹8.6B).


Debt to Equity History and Analysis

Debt Level: 500043 is debt free.

Reducing Debt: 500043 had no debt 5 years ago.

Debt Coverage: 500043 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 500043 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Bata India current dividend yield, its reliability and sustainability?

0.24%

Current Dividend Yield


Upcoming Dividend Payment

TodayJun 21 2021Ex Dividend DateAug 04 2021Dividend Pay DateSep 11 202138 days from Ex DividendBuy in the next 43 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: 500043's dividend (0.24%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.38%).

High Dividend: 500043's dividend (0.24%) is low compared to the top 25% of dividend payers in the Indian market (1.58%).


Stability and Growth of Payments

Stable Dividend: 500043's dividend payments have been volatile in the past 10 years.

Growing Dividend: 500043's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: 500043 is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.0yrs

Average management tenure


CEO

Sandeep Kataria (50 yo)

3.83yrs

Tenure

₹45,660,000

Compensation

Mr. Sandeep Kataria has been Whole-Time Director at Bata India Limited since November 14, 2017 and serves as its Global Chief Executive Officer of Bata Brands since November 30, 2020 and served as its Chie...


CEO Compensation Analysis

Compensation vs Market: Sandeep's total compensation ($USD615.69K) is about average for companies of similar size in the Indian market ($USD619.26K).

Compensation vs Earnings: Sandeep's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: 500043's management team is seasoned and experienced (5 years average tenure).


Board Members

Experienced Board: 500043's board of directors are considered experienced (3.6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Bata India Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Bata India Limited
  • Ticker: 500043
  • Exchange: BSE
  • Founded: 1931
  • Industry: Footwear
  • Sector: Consumer Durables
  • Market Cap: ₹211.344b
  • Shares outstanding: 128.53m
  • Website: https://www.bata.in

Number of Employees


Location

  • Bata India Limited
  • Bata House
  • 418/02, M.G. Road
  • Gurugram
  • Haryana
  • 122002
  • India

Listings


Biography

Bata India Limited manufactures and trades in footwear and accessories through its retail and wholesale network in India. The company offers footwear in the categories of women, men, and kids; and accessor...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/21 12:11
End of Day Share Price2021/06/21 00:00
Earnings2021/03/31
Annual Earnings2021/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.