Financials Bata India Limited NSE India S.E.

Equities

BATAINDIA

INE176A01028

Footwear

Market Closed - NSE India S.E. 07:43:46 2024-04-26 am EDT 5-day change 1st Jan Change
1,363 INR +1.03% Intraday chart for Bata India Limited +3.26% -17.44%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 181,031 158,237 180,536 252,165 182,381 175,222 - -
Enterprise Value (EV) 1 172,641 158,237 169,601 242,516 177,149 169,810 167,858 164,903
P/E ratio 54.9 x 48.4 x -200 x 250 x 57.1 x 59.7 x 45.3 x 37.1 x
Yield 0.44% 0.32% 0.28% 0.2% 0.95% 0.63% 0.76% 0.89%
Capitalization / Revenue 6.18 x 5.18 x 10.6 x 10.6 x 5.28 x 5 x 4.5 x 4.06 x
EV / Revenue 5.9 x 5.18 x 9.93 x 10.2 x 5.13 x 4.84 x 4.31 x 3.82 x
EV / EBITDA 36.2 x 19.1 x 105 x 58.3 x 22.4 x 21.7 x 17.9 x 15.3 x
EV / FCF 65.8 x 32 x 40.3 x 149 x 33.2 x 38.9 x 28.1 x 24.3 x
FCF Yield 1.52% 3.12% 2.48% 0.67% 3.01% 2.57% 3.56% 4.11%
Price to Book 10.4 x 8.34 x 10.3 x 13.9 x 12.7 x 10.8 x 9.11 x 7.64 x
Nbr of stocks (in thousands) 128,528 128,528 128,528 128,528 128,528 128,528 - -
Reference price 2 1,408 1,231 1,405 1,962 1,419 1,363 1,363 1,363
Announcement Date 5/24/19 5/25/20 6/9/21 5/25/22 5/18/23 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 29,284 30,535 17,073 23,877 34,516 35,065 38,903 43,183
EBITDA 1 4,773 8,297 1,612 4,157 7,909 7,835 9,384 10,744
EBIT 1 4,133 5,340 -1,036 1,737 4,961 4,582 5,772 6,914
Operating Margin 14.11% 17.49% -6.07% 7.28% 14.37% 13.07% 14.84% 16.01%
Earnings before Tax (EBT) 1 4,783 4,851 -1,177 1,368 4,256 3,928 5,167 6,326
Net income 1 3,297 3,269 -902.8 1,009 3,191 2,873 3,862 4,727
Net margin 11.26% 10.71% -5.29% 4.23% 9.25% 8.19% 9.93% 10.95%
EPS 2 25.65 25.44 -7.020 7.850 24.83 22.85 30.06 36.79
Free Cash Flow 1 2,626 4,943 4,213 1,630 5,335 4,361 5,981 6,773
FCF margin 8.97% 16.19% 24.68% 6.83% 15.46% 12.44% 15.37% 15.68%
FCF Conversion (EBITDA) 55.01% 59.57% 261.46% 39.21% 67.46% 55.66% 63.73% 63.04%
FCF Conversion (Net income) 79.65% 151.2% - 161.57% 167.18% 151.81% 154.87% 143.28%
Dividend per Share 2 6.250 4.000 4.000 4.000 13.50 8.584 10.32 12.13
Announcement Date 5/24/19 5/25/20 6/9/21 5/25/22 5/18/23 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2021 S1 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 - 6,147 5,899 2,670 6,141 8,413 6,652 9,430 8,298 9,002 7,786 9,581 8,605 9,370 8,042
EBITDA 1 - 1,171 1,120 -340.1 1,191 1,686 1,620 2,446 1,609 2,061 1,792 2,403 1,880 2,360 1,698
EBIT - - - - - - 902.3 - 873.4 1,307 - - 1,021 1,789 1,295
Operating Margin - - - - - - 13.56% - 10.53% 14.52% - - 11.87% 19.09% 16.1%
Earnings before Tax (EBT) 1 - 354.8 403.3 - 500.2 972.8 844.1 1,597 681.4 1,096 881.8 1,445 818.7 1,437 789
Net income 1 -1,455 258 294.4 -713.2 370.5 723.6 628 1,193 511.1 831.1 655.6 1,078 651.8 1,091 533.7
Net margin - 4.2% 4.99% -26.71% 6.03% 8.6% 9.44% 12.66% 6.16% 9.23% 8.42% 11.26% 7.58% 11.64% 6.64%
EPS 2 - 2.010 2.290 -5.550 2.880 5.630 4.890 9.290 3.980 6.470 5.100 8.390 5.000 8.800 4.700
Dividend per Share - - - - - - - - - - - - - - -
Announcement Date 11/10/20 2/10/21 6/9/21 8/11/21 11/3/21 2/8/22 5/25/22 8/11/22 11/10/22 2/14/23 5/18/23 8/9/23 - - -
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 8,390 - 10,936 9,648 5,232 5,412 7,364 10,319
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 2,626 4,943 4,213 1,630 5,335 4,361 5,981 6,773
ROE (net income / shareholders' equity) 20.4% 17.9% -4.94% 5.65% 19.6% 19.3% 22.6% 24%
ROA (Net income/ Total Assets) - 9.06% -2.55% 2.94% 9.4% 16.9% 19.1% 22.2%
Assets 1 - 36,067 35,345 34,293 33,950 17,049 20,219 21,340
Book Value Per Share 2 136.0 148.0 137.0 141.0 112.0 126.0 150.0 179.0
Cash Flow per Share 2 - - - - 48.90 47.30 51.50 58.10
Capex 1 820 855 368 486 954 1,526 1,558 1,630
Capex / Sales 2.8% 2.8% 2.15% 2.03% 2.76% 4.35% 4% 3.77%
Announcement Date 5/24/19 5/25/20 6/9/21 5/25/22 5/18/23 - - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

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