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Fundamentals for Bata India Limited
Business Operations:
Sector: Consumer CyclicalIndustry: Footwear & Accessories
Bata India Limited manufactures and trades in footwear and accessories through its retail and wholesale network in India and internationally. The company offers footwear for women, men, and kids; apparels; and accessories, such as belts, scarves, socks, handkerchiefs, wallets and clutches, handbags, masks, and shoe and foot care products. It also engages in trading of apparel; and property letting activities. It sells its products primarily under the Bata, Hush Puppies, Nine West, North Star, Power, Bata Red Label, Bata Comfit, Bubblegummers, Disney, Naturalizer, Marie Claire, Scholl, Floatz by Bata, Weinbrenner, Bata Industrials, and Bata 3D brand name through retail and franchisee stores, wholesale network, and e-commerce. The company was formerly known as Bata Shoe Company Private Limited and changed its name to Bata India Limited in 1973. Bata India Limited was incorporated in 1931 and is based in Gurugram, India. Bata India Limited is a subsidiary of Bata (BN) B.V.
Revenue projections:
Bata India Limited's revenue projections show a decrease from last year, which tends to make investors more cautious. This could have a negative impact on the company's bottom line, as lower revenues typically suggest reduced profitability and growth potential, prompting concern among investors.
Financial Ratios:
| currentRatio | 1.721000 |
|---|---|
| forwardPE | 33.421444 |
| debtToEquity | 86.900000 |
| earningsGrowth | -0.952000 |
| revenueGrowth | 0.050000 |
| grossMargins | 0.552920 |
| operatingMargins | 0.055260 |
| trailingEps | 10.440000 |
| forwardEps | 21.348570 |
Bata India Limited's current ratio being 1.721 suggests that it has more than enough liquidity to cover short-term debt obligations. The company's cash reserves and current assets are sufficient to meet immediate liabilities, signaling solid financial health and minimal risk.
BATAINDIA's high debt-to-equity ratio indicates that the company is heavily leveraged. This suggests a significant reliance on debt to finance its operations, which could expose the company to higher financial risks if its cash flow or profitability decreases.
BATAINDIA's low earnings and revenue growth point to a potential decline in profits. This signals a downturn in financial performance, suggesting that the company might face challenges in maintaining its current level of profitability.
BATAINDIA's negative gross and operating margins highlight potential financial struggles, as the company is not covering its production or operational expenses. This could lead to broader concerns about its ability to achieve profitability.
BATAINDIA's forward EPS surpassing its trailing EPS signals projected growth in profitability, with the company expected to perform better this year. This forecast suggests that BATAINDIA's earnings will improve compared to the previous financial year, highlighting optimism in its financial outlook.
Price projections:
The price of BATAINDIA has regularly been close to the lower end of projections, suggesting that it might be struggling to meet market expectations. This trend raises questions about the company's future performance.
Recommendation changes over time:
With a recent sell bias for BATAINDIA from analysts, investors should be cautious and consider a variety of market indicators before making decisions. This broader perspective will provide more informed insights into the stock's overall outlook, rather than relying on one analysis alone.
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