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 BATAINDIA is projected to experience a revenue decline compared to last year, a development that often leads to investor caution. The drop could negatively impact the company's bottom line, as lower revenues typically signal reduced profitability, prompting more conservative investment strategies.
Financial Ratios:
currentRatio
1.83500
forwardPE
41.10794
debtToEquity
91.84600
earningsGrowth
-0.27800
revenueGrowth
-0.01200
grossMargins
0.56305
operatingMargins
0.09470
trailingEps
25.67000
forwardEps
0.00000
With a current ratio of 1.835, BATAINDIA has the liquidity needed to easily service its short-term debt. The company's cash reserves and current assets are sufficient, indicating that BATAINDIA is in a strong position to meet its immediate financial obligations without difficulty. BATAINDIA's elevated debt-to-equity ratio suggests the company is leveraging debt heavily, increasing its financial risk. While this can support growth, it could also lead to challenges if the company's profitability or cash flow weakens. BATAINDIA's low earnings and revenue growth highlight a potential decline in profitability. This suggests that the company's financial health may be weakening, and profits could shrink as a result. BATAINDIA's negative gross and operating margins indicate the company is operating at a loss, unable to generate profit from its core business activities. This suggests financial strain and potential challenges in maintaining profitability.
Price projections:
Price projections for BATAINDIA Over time, Bata India Limited's price projections have been gradually lowered, signaling declining confidence in the company's future outlook. The downward revisions suggest analysts are becoming more cautious about Bata India Limited's potential for growth.
Recommendation changes over time:
Recommendations trend for BATAINDIA
Analysts have signaled a sell bias for Bata India Limited, but investors should consider a broad range of market indicators before making any decisions. This ensures a well-rounded understanding of Bata India Limited's position in the market and helps avoid reactionary moves based solely on this sentiment.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
This article explores the Reserve Bank of India's initiatives aimed at enabling...
By clicking "Accept", you agree to the storing of cookies on your device to enhance site navigation, analyze site usage and assist in our tailored marketing efforts.