NSE: BATAINDIA | BSE: 500043

Mid-range Performer

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1243.60 -15.60 (-1.24%)

120.0K NSE+BSE Volume

NSE 16 Jul, 2025 3:31 PM (IST)

15,983.7

Market Cap

Market Runner Up

0.7

Beta 1Year

Very Low volatility

Dividend

Bata India Ltd. has an upcoming dividend of ₹9.00 per share due on 01 Aug 2025 See details

Bata India Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for BATAINDIA, BSE:500043 Bata India Ltd.

Bata India Ltd.

23 Jul 2018

1243.60

-1.24%

Bata India

Buy: Bata India Ltd.

Target

ICICI Securities Limited

Bata reported steady revenue growth of 8.3% YoY to | 797.3 crore (I-direct estimate: | 815.0 crore). The management indicated that its latest Red Label Collection' witnessed strong traction, which led to healthy footfalls and an increase in sales of the women's category On account of higher proportion of value added products in the revenue mix, gross margins for the quarter improved 100 bps YoY to 53.3%. Furthermore, a controlled operational cost structure and positive operating leverage (rental & other expenses down 147 bps...

Bata India Ltd. is trading above its 100 day SMA of 1232.9

Bata India Ltd.

23 Jul 2018

1243.60

-1.24%

Bata India

Buy: Bata India Ltd.

Target

Dolat Capital

Bata's Q1FY19 revenue was in line, EBITDA and PAT exceed estimates. We anticipated lower revenue growth for Bata compared to peers based on our recent channel checks. Nevertheless, margin improvement benefiting from implementation of GST, was ahead of our anticipation. Going ahead, we believe that Bata sales growth would remain lower vs peers, mainly due to increased competition, better and economic offerings by peers and persistent execution issues with Bata. Nevertheless, we believe that the company's new initiative Bata @ Home should address ongoing execution issues. Further, its new...

Bata India Ltd. is trading below its 150 day SMA of 1274.3

Bata India Ltd.

23 Jul 2018

1243.60

-1.24%

Result Updates

Buy: Bata India Ltd.

Target

Angel Broking

For 1QFY2019, Bata India (BIL) posted strong set of numbers, exceeding our expectations on bottom-line front. Revenues grew by ~8% yoy (in-line with our estimate). The company's operating margins improvement by robust 355bps yoy. On the bottom-line front, BIL reported growth of ~37% yoy to `83cr on the back of strong operating performance..

Bata India Ltd. is trading above its 100 day SMA of 1232.9

Bata India Ltd.

23 Jul 2018

1243.60

-1.24%

BATA INDIA

Hold: Bata India Ltd.

Geojit Research

Bata India Ltd (BIL) is the largest retailer and leading manufacturer of footwear in India with ~1400 retail stores as on June 2018. BIL reported strong earnings growth of 37%YoY supported by 8%YoY growth in revenue and 350bps improvement in EBITDA margin....

Bata India Ltd. has an average target of 1389.00 from 5 brokers.

Bata India Ltd.

18 Jun 2018

1243.60

-1.24%

Initiating Coverage

Buy: Bata India Ltd.

Angel Broking

Bata India Ltd (BIL) is the largest footwear retailer in India, offering footwear, accessories and bags across brands like Bata, Hush Puppies, Naturalizer, Power, etc. BILs ~70% revenue is derived from Men & Kids segment and balance from womens segment. BIL has over 1,400 Bata retail stores across India. Outlook and Valuation: We ex..

Bata India Ltd. has an average target of 1389.00 from 5 brokers.

Bata India Ltd.

04 Jun 2018

1243.60

-1.24%

Bata India Ltd: Youth Connect and Premiumisation - Key for F...

Hold: Bata India Ltd.

Target

Karvy

Focus On Value-Added Products & Efficiencies In Cost Structure: ForQ4FY2018, Bata India Ltd reported 5.7% YoY increase in revenue at Rs. 6323 Mn (revenue is reported net of GST). However, on a comparable basis, the revenue grew in double digits with same-store sales growth (SSSG) of 5-6%. The gross margin has expanded because of the focus on value-added products in its revenue mix and soft input prices.

Bata India Ltd. is trading below its 150 day SMA of 1274.3

Bata India Ltd.

31 May 2018

1243.60

-1.24%

Bata India Ltd.

Buy: Bata India Ltd.

Ashika Research

In effort to keep pace with customers changing preferences, Bata India has adopted a strategy to design products based on various customers. Company already has strong brand presence in leather footwear, now it has started focusing on products catering to youth,...

Bata India Ltd. is trading below its 150 day SMA of 1274.3

Bata India Ltd.

29 May 2018

1243.60

-1.24%

Bata India

Buy: Bata India Ltd.

Geojit BNP Paribas

Bata India Ltd. is trading above its 100 day SMA of 1232.9

Bata India Ltd.

23 May 2018

1243.60

-1.24%

Bata India

Buy: Bata India Ltd.

ICICI Securities Limited

Revenues for the quarter grew 6.9% YoY to | 632.3 crore (I-direct estimate: | 636.6 crore). Post GST implementation, excise duty was subsumed in GST and not a part of revenue. Hence, revenues are not directly comparable on a YoY basis Sustained efforts towards premiumisation of product mix led to gross margin expansion of 180 bps YoY to 55.9%. Furthermore, a controlled operational cost structure (rental and other expenses as a percentage of sales down 174 bps, 58 bps, respectively) led to a...

Bata India Ltd. is trading below its 150 day SMA of 1274.3

Bata India Ltd.

23 May 2018

1243.60

-1.24%

Bata India

Buy: Bata India Ltd.

Dolat Capital

Bata's Q4FY18 results came broadly in line with our estimates. We anticipated lower revenue growth for Bata compared to Relaxo (+18%)and Khadim (+31%) based on our recent channel checks. In addition, margin improvement benefiting from implementation of GST, was in line with our anticipation. Going ahead, we believe that Bata sales growth would remain lower vs peers, mainly due to increased competition, better and economic offerings by peers. Nevertheless, its new offerings in select segments would gain traction. Further, premiumization, implementation and cost saving...

Bata India Ltd. has an average target of 1389.00 from 5 brokers.

Is Bata India Ltd. worth buying?

441 Votes:

Buy 74.15%

Sell 16.78%

Hold 9.07%

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