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:
Revenue projections for BATAINDIA Bata India Limited's revenue projections indicate a decrease from the prior year, which may make investors hesitant. A revenue decline could harm the company's bottom line, prompting investors to be more careful, as lower earnings often signal potential issues with profitability and future performance.
Financial Ratios:
currentRatio
1.836000
forwardPE
40.161304
debtToEquity
91.840000
earningsGrowth
-0.278000
revenueGrowth
-0.012000
grossMargins
0.559370
operatingMargins
0.107830
trailingEps
25.750000
forwardEps
0.000000
Bata India Limited's current ratio is 1.836, signaling that the company has sufficient cash reserves and current assets to cover its short-term debt obligations. This suggests financial stability, as Bata India Limited should not face any issues meeting its short-term liabilities with available resources. Bata India Limited's elevated debt-to-equity ratio shows that the company is relying heavily on debt to fund its activities. This high leverage can amplify returns but also heightens financial risks if cash flow becomes constrained. BATAINDIA's low earnings and revenue growth suggest shrinking profits. This negative trend could indicate that the company is struggling to maintain its financial performance and may face challenges ahead. With negative gross and operating margins, BATAINDIA is facing losses at both the production and operational levels. This signals significant financial strain and may indicate that the company is struggling to manage costs effectively.
Price projections:
Price projections for BATAINDIA BATAINDIA's price projections have gradually decreased, reflecting a less optimistic view of the company's future performance. Analysts are adjusting their expectations, suggesting potential concerns about BATAINDIA's ability to meet previous growth targets.
Recommendation changes over time:
Recommendations trend for BATAINDIA
Analysts have recently developed a sell bias for BATAINDIA, suggesting caution when making investment decisions. Investors are advised to rely on a broad range of market indicators rather than solely on this bias to ensure a more comprehensive understanding of the stock's potential before taking action.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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