NSE: BATAINDIA | BSE: 500043

Mid-range Performer

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1237.70 -8.10 (-0.65%)

252.0K NSE+BSE Volume

NSE 19 Sep, 2025 3:31 PM (IST)

15,907.8

Market Cap

Market Runner Up

0.7

Beta 1Year

Very Low volatility

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 Feb 2022

1237.70

-0.65%

BATA INDIA

Accumulate: Bata India Ltd.

Target

Geojit BNP Paribas

Q3FY22 revenue grew by 37% YoY (+37%QoQ) on a low base (de-growth of 26% in Q3FY21). With the re-opening of markets we expect the volumes to pick up going forward. Topline has crossed pre-covid level sales for the first time. The distribution reach has now crossed 1,000+ towns in Dec 2021 Vs 892 in 2020. To reach smaller towns, the company opens new stores via franchise route and ensures availability in multi-brand outlets via distribution channels. The total franchisee reached 284 (200+ towns covered) Vs 250 in Q2FY22 and targets to open 500 in smaller towns by 2023. The company had introduced other channels like Bata Chatshop, Bata Store on Wheels...

Bata India Ltd. is trading below its 200 day SMA of 1257.9

Bata India Ltd.

10 Feb 2022

1237.70

-0.65%

Bata India Ltd - Q3FY22 Result Update

Buy: Bata India Ltd.

Edelweiss

Mixed set of numbers; Topline reaches pre-Covid levels

Bata India Ltd. is trading below its 200 day SMA of 1257.9

Bata India Ltd.

09 Feb 2022

1237.70

-0.65%

Bata India

Buy: Bata India Ltd.

Target

ICICI Securities Limited

It has a robust b/s with healthy cash, bank balance worth | 865+ crore (as on H1FY22), negative working capital cycle and generating RoCE of 23%+ Q3FY22 Results: On the back of strong festive demand and easing of trade restrictions, revenues for Bata has surpassed pre-Covid levels in Q3FY22. On a benign base, reported revenue growth of 37% YoY to | 614.1 crore...

Bata India Ltd. is trading above its 150 day SMA of 1221.0

Bata India Ltd.

08 Nov 2021

1237.70

-0.65%

Result Update:Bata India

Buy: Bata India Ltd.

Recommendation Target

Axis Direct

We upgrade the stock to BUY (HOLD earlier) with revised TP of Rs. 2,300/share (Rs. 1,675/share earlier) with an upward revision in target multiple to 45x (40-45x 5 year average PE band

Bata India Ltd. is trading above its 150 day SMA of 1221.0

Bata India Ltd.

08 Nov 2021

1237.70

-0.65%

Bata India

Buy: Bata India Ltd.

ICICI Securities Limited

It has a robust b/s with healthy cash and bank balance worth | 865+ crore (as on H1FY22), negative working capital cycle, generating RoCE of 23%+ Q2FY22 Results: Bata India reported strong operational numbers in Q2FY22 with...

Bata India Ltd. has an average target of 1185.25 from 4 brokers.

Bata India Ltd.

07 Nov 2021

1237.70

-0.65%

Bata India Ltd. | Q2FY22 Result Update

Buy: Bata India Ltd.

Target

Edelweiss

On track to full business recovery

Bata India Ltd. has an average target of 1185.25 from 4 brokers.

Bata India Ltd.

25 Oct 2021

1237.70

-0.65%

Muhurat Pick 2021

Buy: Bata India Ltd.

Target

ICICI Securities Limited

Bata India Ltd. has an average target of 1185.25 from 4 brokers.

Bata India Ltd.

25 Oct 2021

1237.70

-0.65%

Bata India

Buy: Bata India Ltd.

Target

ICICI Securities Limited

Bata has devised new strategies that would aid in providing thrust to revenue growth. It is tweaking the product portfolio in favour of casual footwear that is experiencing higher demand. It is providing more visibility at stores for younger brands like Hush Puppies, Power and North Star. Channel checks suggest a healthy recovery in August-September with...

Bata India Ltd. is trading below its 200 day SMA of 1257.9

Bata India Ltd.

28 Sep 2021

1237.70

-0.65%

Bata India

Buy: Bata India Ltd.

Target

ICICI Securities Limited

Bata's core product portfolio includes formal and fashion footwear category. While open footwear and slippers category witnessed speedy recovery (as witnessed in financials of Relaxo), fewer social gatherings and office/school closures had a material impact on performance of Bata in FY21. ASPs declined ~14% to | 535/pair with gross margin declining 660 bps YoY in FY21. With a gradual opening of economy, we expect premiumisation story...

Bata India Ltd. has an average target of 1185.25 from 4 brokers.

Is Bata India Ltd. worth buying?

445 Votes:

Buy 74.16%

Sell 16.85%

Hold 8.99%

RESEARCH REPORTS

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