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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:
Revenues for BATAINDIA are expected to drop compared to the previous year, which could be a cause for concern for investors. A decline in earnings may negatively impact the company's profitability, leading cautious investors to reconsider their positions, as it often signals challenges in overall 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 |
Bata India Limited's high debt-to-equity ratio points to a heavily leveraged company. With more debt than equity, Bata India Limited may face increased financial risk, especially if its earnings or cash flow come under pressure.
Bata India Limited's forward EPS is higher than its trailing EPS, suggesting the company is expected to see an increase in profitability this year. This points to positive growth, indicating that Bata India Limited is projected to improve its financial performance compared to the previous year.
Price projections:
Price projections for BATAINDIA have been gradually lowered, signaling reduced optimism among analysts. This downward adjustment suggests that the company may face challenges in meeting previous growth expectations.
Recommendation changes over time:
BATAINDIA has faced a sell bias from analysts recently, indicating that caution is advised. Investors should expand their focus to a broader set of market indicators when making decisions, ensuring a well-rounded approach rather than acting solely on one piece of analysis.
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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