More about Bata India Limited
Fundamentals for Bata India Limited
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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:
With BATAINDIA's revenues forecasted to be lower than last year's, investors are expected to be cautious. A decline in revenue typically harms the company's bottom line, reducing profitability and making investors less confident about the company's ability to sustain its financial health.
Financial Ratios:
| currentRatio | 0.00000 |
|---|---|
| forwardPE | 40.82437 |
| debtToEquity | 90.39100 |
| earningsGrowth | 0.12500 |
| revenueGrowth | 0.02800 |
| grossMargins | 0.54973 |
| operatingMargins | 0.11437 |
| trailingEps | 13.88000 |
| forwardEps | 19.88763 |
BATAINDIA's elevated debt-to-equity ratio reflects a high level of debt relative to equity, signaling that the company is heavily leveraged. This reliance on debt could increase financial risk in periods of economic uncertainty.
BATAINDIA's forward EPS exceeding its trailing EPS means that the company is expected to increase profitability in the current financial year. This reflects improved earnings potential, signaling that BATAINDIA is likely to outperform its previous year's financial performance.
Price projections:
The gradual downward revision of BATAINDIA's price projections signals decreasing confidence in the company's future performance. Analysts are adjusting their expectations, reflecting uncertainty about BATAINDIA's growth potential.
Recommendation changes over time:
The analysts' sell bias for BATAINDIA suggests caution for investors, but it's essential to make decisions based on a wide array of market indicators. This approach ensures a comprehensive view of BATAINDIA's position, helping to navigate any potential risks more effectively.
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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