Bata India Ltd

₹ 906 -0.24%

14 Jan

🔗 Website | BSE: 500043 | NSE: BATAINDIA

Market Cap11,641

Current Price906

High / Low1,425

Stock P/E63.7

Book Value118

Dividend Yield2.10

ROCE15.2

ROE15.6

ABOUT

Bata India is primarily engaged in the business of manufacturing and trading of footwear and accessories through its retail and wholesale network.

Stock Analysis

### Description - Bata India is primarily engaged in the business of manufacturing and trading of footwear and accessories through its retail and wholesale network. ### Key Growth Triggers - Currently no data available for Key Growth Triggers. ### Order Book - Currently no data available for Order Book. ### Key Red Flags - Currently no data available for Key Red Flags. ### Key Dates To Watch - Currently no data available for Key Dates To Watch.

Peer Comparison

S.No.	Name	Current Price (Rs.)	Price to Earning	Market Capitalization (Rs.Cr.)	Dividend yield (%)	Net Profit latest quarter (Rs.Cr.)	YOY Quarterly profit growth (%)	Sales latest quarter (Rs.Cr.)	YOY Quarterly sales growth (%)	Return on capital employed (%)	Sales (Rs.Cr.)	OPM (%)	Profit after tax (Rs.Cr.)	Profit after tax latest quarter (Rs.Cr.)	Price to book value	Return on assets (%)	Debt to equity
1.	Metro Brands	1101.60	84.42	30014.11	0.50	68.98	-2.67	651.14	11.22	19.42	2625.24	29.97	355.53	67.69	16.51	10.27	0.79
2.	Bata India	905.70	63.73	11640.74	2.10	13.76	-64.21	801.33	-4.28	15.17	3449.42	20.81	182.65	18.74	7.68	6.75	0.91
3.	Relaxo Footwear	393.10	56.15	9785.78	0.76	36.16	-1.55	628.54	-7.48	11.22	2645.08	14.22	174.29	36.16	4.64	6.22	0.10
4.	Campus Activewe.	249.95	61.70	7636.73	0.40	20.07	40.35	386.61	16.00	20.10	1650.39	15.32	123.77	20.07	9.62	9.92	0.48
5.	Redtape	125.67	38.45	6947.13	0.60	27.54	9.85	492.40	18.42	21.67	2123.00	16.78	180.68	27.54	8.10	8.88	1.08
6.	Sreeleathers	215.27	21.62	498.46	0.00	8.61	33.49	74.71	19.23	7.31	233.38	13.43	23.06	8.61	1.03	4.88	0.00
7.	Lehar Footwears	235.75	19.14	416.78	0.21	7.29	474.02	140.52	273.23	12.44	459.09	8.94	21.78	7.29	3.31	4.55	0.46

Quarterly Results

Figures in Cr.

	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
Sales	830	900	779	958	819	903	798	945	837	918	788	942	801
YOY Sales Growth %	35.11%	7%	17.04%	1.6%	-1.28%	0.36%	2.45%	-1.41%	2.2%	1.66%	-1.24%	-0.3%	-4.28%
Expenses	669	694	599	718	637	722	618	760	663	719	612	743	656
Material Cost %	45.02%	45.23%	41.59%	45.25%	42%	44.04%	39.99%	45.21%	43.06%	43.86%	41.16%	46.54%	44.61%
Employee Cost %	12.9%	11.43%	13.35%	10.94%	12.92%	11.35%	13.18%	12.74%	13.58%	11.24%	15.78%	12.35%	13.9%
Operating Profit	161	206	179	240	182	182	179	185	174	199	175	199	145
OPM %	19%	23%	23%	25%	22%	20%	22%	20%	21%	22%	22%	21%	18%
Other Income	8	8	13	13	-25	11	22	150	18	-1	23	12	13
Exceptional items	0	0	0	0	-40.9	0	0	133.95	0	-10.78	0	-4.78	-8.27
Other income normal	7.97	7.51	12.61	13.22	15.45	10.79	22.01	16.5	17.63	9.72	22.62	16.86	21.25
Interest	27	29	27	28	28	29	31	31	32	31	35	35	34
Depreciation	74	75	76	81	82	86	90	87	90	90	104	106	105
Profit before tax	68	110	88	144	47	77	80	217	70	77	60	70	19
Tax %	25%	24%	26%	25%	26%	26%	25%	20%	25%	24%	27%	26%	28%
Net Profit	51	83	66	108	34	57	60	174	52	58	44	52	14
EPS in Rs	3.98	6.47	5.1	8.39	2.68	4.46	4.69	13.57	4.07	4.53	3.39	4.02	1.07

Profit & Loss

	Dec 2013	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	2,065	2,694	2,415	2,467	2,629	2,928	3,053	1,707	2,388	3,452	3,478	3,488	3,449
Sales Growth %	12.09%	—	-10.34%	2.14%	6.57%	11.38%	4.27%	-44.09%	39.85%	44.56%	0.78%	0.28%	—
Expenses	1,728	2,343	2,121	2,172	2,263	2,438	2,210	1,539	1,963	2,648	2,684	2,735	2,732
Material Cost %	45.94%	—	47.39%	46.73%	45.48%	43.86%	42.45%	49.05%	45.52%	43.85%	42.96%	43.72%	—
Raw material cost	1,067	—	1,131	1,179	1,254	1,367	1,331	576	1,342	1,550	1,528	1,408	—
Change in inventory	-119	—	14	-26	-58	-83	-34	262	-255	-36	-34	117	—
Manufacturing Cost %	3.14%	—	2.94%	2.86%	2.93%	2.62%	2.68%	3.1%	2.48%	2.07%	2.14%	2.23%	—
Employee Cost %	10.82%	—	10.8%	11.05%	11.23%	11.31%	12.33%	19.9%	15.86%	12.13%	12.02%	13.23%	—
Other Cost %	23.76%	—	26.67%	27.41%	26.43%	25.48%	14.9%	18.1%	18.36%	18.65%	20.03%	19.23%	—
Operating Profit	338	351	295	295	366	490	844	168	425	804	794	753	718
OPM %	16%	13%	12%	12%	14%	17%	28%	10%	18%	23%	23%	22%	21%
Other Income	17	75	97	19	49	66	66	87	54	35	19	183	47
Exceptional items	-14	—	70	-28	-2	-2	-3	-7	1	-3	-43	118	—
Other income normal	31	—	27	47	51	69	69	94	53	37	61	65	—
Interest	13	18	16	15	15	14	129	108	99	118	126	141	135
Depreciation	59	79	79	65	60	64	296	265	242	295	339	371	405
Profit before tax	283	329	297	234	340	478	485	-118	137	426	349	424	225
Tax %	33%	30%	27%	32%	34%	31%	33%	-23%	26%	25%	25%	22%	—
Net Profit	191	231	218	159	224	330	327	-90	101	319	260	328	167
Exceptional items AT	-14	—	48	-17	-1	-1	-2	-7	0	-2	-30	87	—
Profit excl Excep	205	—	170	176	225	331	329	-83	100	321	290	241	—
Profit for PE	205	—	170	176	225	331	329	-83	100	321	290	241	—
Profit for EPS	191	—	218	159	224	330	327	-90	101	319	260	328	—
EPS in Rs	14.84	17.99	16.93	12.35	17.4	25.65	25.44	-7.02	7.85	24.83	20.22	25.55	13.01
Dividend Payout %	22%	18%	21%	28%	23%	24%	16%	-57%	694%	54%	59%	74%	—

Balance Sheet

	Dec 2013	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	64	64	64	64	64	64	64	64	64	64	64	64	64
Reserves	777	958	1,158	1,261	1,414	1,682	1,832	1,696	1,750	1,370	1,456	1,502	1,451
Borrowings	0	0	0	0	0	0	1,249	1,032	1,094	1,245	1,355	1,446	1,378
Long term Borrowings	—	—	—	—	—	—	—	—	—	—	—	—	—
Short term Borrowings	—	—	—	—	—	—	—	—	—	—	—	—	—
Lease Liabilities	—	—	—	—	—	—	—	—	—	—	—	—	—
Other Borrowings	0	0	0	0	0	0	-0	0	0	0	0	0	—
Other Liabilities	542	615	508	597	666	732	589	542	616	587	464	801	789
Trade Payables	286	357	325	407	479	516	503	440	456	409	298	349	381
Advance from Customers	5	4	3	0	0	0	5	8	13	16	12	9	—
Other liability items	251	255	180	190	187	216	81	94	148	162	154	443	408
Total Liabilities	1,383	1,637	1,730	1,923	2,145	2,479	3,735	3,334	3,525	3,265	3,340	3,814	3,682
Fixed Assets	246	307	302	266	294	315	1,368	1,118	1,224	1,389	1,505	1,798	1,687
Land	24	24	24	24	24	24	24	24	24	24	5	5	—
Building	128	184	166	178	218	252	291	300	1,257	369	377	374	—
Plant Machinery	192	190	55	59	77	92	103	109	113	125	134	146	—
Equipments	0	0	1	1	6	6	6	6	6	6	14	13	—
Furniture & fittings	—	—	—	—	—	—	—	—	—	—	—	—	—
Vehicles	2	3	2	2	3	3	4	4	4	4	3	3	—
Intangible Assets	0	0	0	0	0	0	0	0	0	0	17	275	239
Other fixed assets	1	1	1	2	3	6	1,043	841	25	1,082	1,445	1,529	—
Gross Block	602	695	380	404	488	567	1,673	1,472	1,624	1,819	2,237	2,607	—
Accumulated Depreciation	355	389	78	138	193	253	305	355	400	430	732	809	—
CWIP	24	48	19	30	12	17	20	34	5	4	4	14	1
Investments	5	5	5	5	5	5	5	5	5	5	5	5	28
Other Assets	1,108	1,278	1,404	1,622	1,833	2,142	2,343	2,178	2,291	1,868	1,826	1,995	1,966
Inventories	583	705	679	705	762	839	874	608	871	904	929	815	781
Trade receivables	51	58	70	67	89	65	61	79	72	83	80	112	163
Receivables under 6m	51	58	69	67	89	66	62	81	75	85	82	109	—
Receivables over 6m	0	1	2	0	0	0	0	0	0	9	6	9	—
Prow for Doubtful	—	—	—	—	—	—	—	—	—	—	—	—	—
Cash Equivalents	256	210	341	521	588	839	962	1,094	965	523	403	624	532
Loans & Advances	—	—	—	—	—	—	—	—	—	—	—	—	—
Other Assets items	—	—	—	—	—	—	—	—	—	—	—	—	—
Total Assets	1,383	1,637	1,730	1,923	2,145	2,479	3,735	3,334	3,525	3,265	3,340	3,814	3,682

Cash Flows

	Dec 2013	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity	182	119	204	262	156	344	580	458	212	629	459	738
Profit from operations	354	383	353	268	362	481	835	193	422	804	752	729
Receivables	-6	-8	-16	8	-23	23	1	-22	7	-18	5	-30
Inventory	-121	-122	26	-27	-57	-77	-35	265	-263	-33	-25	114
Payables	91	89	-33	80	72	34	4	-64	16	-48	-110	51
Loans Advances	-15	-39	0	-5	3	-6	-13	8	0	0	0	0
Other WC items	-11	-43	-18	3	-88	30	-25	30	35	21	-69	-8
Working capital changes	-62	-121	-41	59	-91	4	-68	218	-204	-78	-199	128
Direct taxes	-110	-143	-107	-65	-115	-141	-187	47	-7	-97	-95	-119
Cash from Investing Activity	-117	-66	-116	-233	-107	-277	-187	-50	93	438	33	51
Fixed assets purchased	-82	-146	-40	-51	-78	-82	-86	-37	-49	-95	-101	-73
Fixed assets sold	3	13	0	4	2	0	0	1	1	1	3	2
Investments purchased	0	0	0	0	0	0	0	0	0	0	0	-0
Investments sold	0	0	0	0	0	0	0	0	3	0	0	0
Interest received	12	20	18	27	40	50	64	75	46	32	39	37
Redeemp Cnce of Shares	—	—	—	—	—	—	—	—	—	—	—	—
Acquisition of companies	—	—	—	—	—	—	—	—	—	—	—	—
Other investing items	-50	48	-94	-207	-72	-244	-165	-89	91	501	92	85
Cash from Financing Activity	-46	-50	-52	-56	-56	-63	-436	-369	-341	-1,010	-517	-638
Redemption of debentures	—	—	—	—	—	—	—	—	—	—	—	—
Proceeds from borrowings	—	—	—	—	—	—	—	—	—	—	—	—
Repayment of borrowings	—	—	—	—	—	—	—	—	—	—	—	—
Interest paid fin	-1	-2	-2	-2	-2	-1	-1	-1	-90	-106	-114	-123
Dividends paid	-38	-42	-42	-45	-45	-51	-80	-51	-51	-699	-173	-282
Financial liabilities	0	0	0	0	0	0	-336	-315	-200	-206	-230	-233
Other financing items	-7	-7	-8	-9	-9	-11	-18	-1	0	0	0	0
Net Cash Flow	19	2	37	-27	-7	4	-44	39	-37	57	-25	151

Ratios

	Dec 2013	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	9	8	11	10	12	8	7	17	11	9	8	12
Inventory Days	224	208	216	223	233	238	246	265	292	218	227	195
Days Payable	110	105	104	129	146	147	142	192	153	99	73	84
Cash Conversion Cycle	123	111	123	104	99	100	112	90	150	128	162	123
Working Capital Days	36	39	61	50	55	46	28	11	33	28	43	16
ROCE %	40%	34%	22%	22%	25%	31%	25%	0%	8%	20%	19%	15%

	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
Promoters	50.16%	50.16%	50.16%	50.16%	50.16%	50.16%	50.16%	50.16%	50.16%	50.16%	50.16%	50.16%
Bata (BN) B V	50.16	50.16	50.16	50.16	50.16	50.16	50.16	50.16	50.16	50.16	50.16	50.16
FIIs	4.86%	5.85%	6.63%	7.51%	7.88%	8.24%	7.63%	8.81%	7.48%	6.93%	6.89%	6.89%
Government Pension Fund Global	—	—	—	—	—	—	—	1.36	1.36	1.36	1.2	—
Kotak Funds - India Midcap Fund	—	—	1.05	1.48	1.48	1.48	1.18	1.18	—	—	—	—
DIIs	31.58%	30.56%	30.31%	29.97%	29.69%	28.31%	27.52%	27.12%	29.15%	29.46%	29.35%	29.39%
Government	—	—	—	—	—	—	—	—	—	—	—	—
Public	13.41%	13.42%	12.89%	12.36%	12.26%	13.28%	14.7%	13.89%	13.21%	13.45%	13.61%	13.55%
Others	—	—	—	—	—	—	—	—	—	—	—	—
No. of Shareholders	2,28,678	2,31,072	2,22,909	2,09,846	2,04,861	2,23,136	2,53,334	2,37,735	2,33,660	2,34,080	2,34,388	2,36,169

News & Updates

BSE Announcements

Direct from BSE filings, AI summarised

Bata India Files SEBI Compliance Certificate for Q3 FY26 Dematerialization Activities

12 Jan 2026

Bata India Reports ₹280.6 Million Financial Impact from Hosur Unit VRS Implementation

9 Jan 2026

Bata India Announces Voluntary Retirement Scheme (VRS) at Hosur Unit

8 Jan 2026

Bata India Discloses CGST Demand Order of Rs. 23.95 Lakhs for FY 2021-22, Anticipates No Material Financial Impact

30 Dec 2025

Bata India Reports Mixed Q1/Q2 FY26 Results: Revenue Declines in Q2, Margin Pressures Emerge Amidst Strategic Initiatives

24 Dec 2025

Other Websites

External media mentions

RedTape Founders Eye $510M Stake Sale, Blackstone & KKR Interest

13 Jan 2026

BSE500 Stocks Plunge as US Tariff Fears, ITC Tax Hike Bite

9 Jan 2026

Market Movers: BHEL, Bajaj Finserv, Tata Motors CV in Focus Jan 9

9 Jan 2026

Bata India Board Approves VRS for Hosur Unit Workers

8 Jan 2026

Bata India's Bold Retail Makeover: 800 Stores by 2026 & Massive Franchise Push!

1 Jan 2026

News Articles

Editorial & research coverage

Market Movers: BHEL, Bajaj Finserv, Tata Motors CV in Focus Jan 9

9 Jan 2026

Bata India's Bold Retail Makeover: 800 Stores by 2026 & Massive Franchise Push!

1 Jan 2026

Nifty 500 Stocks Crash to 52-Week Lows: Is Your Portfolio Missing This Hidden Downtrend?

17 Dec 2025

Bata's Floatz Shatters ₹100 Crore Milestone: Can Crocs Lawsuit Halt Unstoppable Footwear Growth?

3 Dec 2025

Bata India's Shocking Meltdown: 16 Quarters of Missed Sales & Plummeting Stock!

24 Nov 2025

Documents

Announcements

Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

2d - Certificate under SEBI Reg.74(5) for quarter ended Dec 31, 2025 submitted by RTA MUFG Intime.

Announcement Under Regulation 30 (LODR) - Update On VRS

9 Jan - VRS at Bata Shatak, Hosur fully implemented; Rs.280.6 million financial impact.

Announcements Under Regulation 30 (LODR) - VRS

8 Jan - Bata India approved VRS for eligible workmen at Bata Shatak Unit, Hosur; financial impact to be disclosed later.

Intimation Under Regulation 30 Of The SEBI (LODR) Regulations, 2015

30 Dec - GST demand/penalty Rs.23,94,974 dated Dec 30, 2025 for unsupported ITC (FY2021-22).

Re-Lodgement Of Transfer Requests Of Physical Shares

24 Dec - Re-lodgement report of physical share transfer requests for month ended Nov 30, 2025, submitted to SEBI.

Annual Reports

FY Financial Year 2025

(from bse)

FY Financial Year 2024

(from bse)

FY Financial Year 2023

(from bse)

FY Financial Year 2022

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FY Financial Year 2021

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FY Financial Year 2020

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FY Financial Year 2019

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FY Financial Year 2018

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FY Financial Year 2017

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FY Financial Year 2016

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FY Financial Year 2015

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FY Financial Year 2013

(from bse)

FY Financial Year 2012

(from nse)

FY Financial Year 2012

(from bse)

FY Financial Year 2011

(from bse)

Credit Ratings

Rating update

25 Feb 2025 from icra

Rating update

2 Jan 2025 from icra

Rating update

23 Jul 2024 from icra

Rating update

6 Jun 2023 from icra

Rating update

5 May 2022 from icra

Rating update

3 May 2021 from icra

Concalls

Nov 2025

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Bata India Ltd

ABOUT

Stock Analysis

Peer Comparison

Quarterly Results

Profit & Loss

Balance Sheet

Cash Flows

Ratios

Shareholding Pattern

News & Updates

BSE Announcements

Other Websites

News Articles

Documents

Announcements

Annual Reports

Credit Ratings

Concalls