Skip to content
thestock.space

As of 6 Nov 2026, Bata India trades at 54.5× trailing earnings, above the industry P/E of 35.5×, and the shares are 40% below their 52-week high. Sales grew 0.6% a year over 3 years while net profit fell 25%, with ROCE of 11% and ROE of 11%. Debt is 1.12× equity, and its dividend yield is 5.3%. It is a small-cap company with a market cap of ₹8,201 Cr, the largest of 27 Footwear & Accessories companies by market cap; the shares fell 40% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Sep 2026.How we calculate this

past year
Open
₹637.65
Day high
₹646.00
Day low
₹634.00
Prev. close
₹637.65
Volume
1.5 L

Health check

1 fair · 5 to check
  • ReturnsBehind

    −40.2% over a year, better than 1 of 7 peers.

  • Price tagPricier

    P/E 54.5 vs industry 35.5.

  • GrowthSlow

    Sales +0.6%, profit −25.4% a year over 3 years.

  • ProfitabilityWeak

    ROCE 11.2% vs peer median 18.6%.

  • Balance sheetFair

    Debt 1.12× equity, interest covered 2.4×, Piotroski 6 of 9.

  • Red flags2 to check

    P/E of 54.5 against an industry P/E of 35.5.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Footwear & Accessories

26 listed peers. Screen the industry

Small cap

₹8,201 Cr, the largest of 27 in its industry.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Sep 2026: sales ₹3,611 Cr · profit ₹150 Cr
Market cap
₹8,201 Cr
Small cap
P/E
54.5
Industry 35.5
Price to book
6.61
Peers 5.14
Dividend yield
5.33%
ROE
10.9%
Peers 8.4%
ROCE
11.2%
Peers 18.6%
Debt to equity
1.12
Debt ₹1,385 Cr
EPS (TTM)
₹11.70
Face value ₹5
OPM (TTM)
19.7%
Net margin 4.2%
Sales growth
+9.8%
Latest quarter vs a year ago
Profit growth
+30.6%
Latest quarter vs a year ago
Price to sales
2.27
EV/EBITDA 21.0

Strengths and risks

Strengths

  • Dividend yield of 5.33%.
  • Quarterly profit up 30.6% on a year ago.
  • Positive operating cash flow in each of the last 4 years.

Risks to check

  • P/E of 54.5 against an industry P/E of 35.5.
  • 40% below its 52-week high.

Derived automatically from reported figures. Not a recommendation.

About Bata India

Bata India Limited manufactures, sells, and trades in footwear and accessories through its retail and wholesale network in India and internationally. It offers men's footwear, including casual shoes, slippers and flipflops, as well as ethnic, formal, loafers, sandals, sneakers, sports, and outdoor shoes. The company also offers women's footwear, such as ballerinas, boots, casual, flats, flipflop, loafers, mule, sandals, sneakers, sports, thongs, and toe…

Headquarters
Gurugram
Employees
3,602
Sector
Consumer Cyclical
ISIN
INE176A01028
Website
bata.in

Price range

52 weeks

₹599.60₹1,066.10

Today

₹634.00₹646.00
Avg volume (3M)
3.2 L
1-year return
minus 40.2%
From 52-week high
minus 40.2%

Analyst consensus

14 analysts
HoldMean target ₹687.00 plus 7.7%

Target range, with today’s price

Low ₹550.00High ₹816.00

Consensus from Yahoo Finance. Not a recommendation.

Peers · Footwear & Accessories

Company
BATAINDIABata India638.05plus 0.06%8,20154.56.6111.2%10.9%19.7%0.6%−25.4%5.33%minus 40.2%
RELAXORelaxo Footwears292.10plus 0.21%7,27139.23.29–8.4%9.6%−0.9%5.1%1.20%minus 32.7%
SAFARISafari Industries (India)1,254.40plus 0.39%6,14639.75.1418.6%16.2%9.6%19.1%10.3%0.32%minus 40.6%
CAMPUSCampus Activewear197.99minus 1.03%6,05239.36.6720.7%18.1%45.0%6.1%8.6%0.76%minus 27.5%
REDTAPERedtape106.57minus 0.91%5,89123.26.0029.5%26.6%15.1%18.3%19.2%1.88%minus 21.5%
VIPINDVIP Industries239.55minus 4.31%3,403–16.30−50.6%−74.6%−14.7%−3.8%–0.00%minus 38.4%
BILBhartiya International1,071.00minus 2.74%1,43655.82.9112.4%2.9%8.9%18.9%−40.1%0.00%plus 29.5%
SREELSreeleathers272.70plus 1.28%63119.01.27–6.7%14.9%––0.73%plus 19.3%
Median of 7 peers–−0.91%5,89139.25.1418.6%8.4%9.6%12.2%8.6%0.73%−27.5%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrJun 25Dec 25Mar 26Jun 26Sep 26
942945828979862
743733677775718
199212151204144
21.1%22.4%18.2%20.8%16.7%
172119.81818.1
34.932.333.632.732.4
106104105103105
−4.8−7.9−28.1––
70.188.93.885.924.7
–25.6%42.0%25.5%26.6%
5266.12.26418.1
4.055.140.174.981.41

Sep 25 not reported by the data source.

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
+0.6%
Profit CAGR 3Y
−25.4%
EPS CAGR 3Y
−25.4%
ROE
10.9%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
3,4513,4773,4873,514
–+0.8%+0.3%+0.8%
2,6442,6782,7292,764
806800758750
23.4%23.0%21.7%21.3%
24.942.345.523.6
108117128135
295339371420
1.1−35.1122−36.9
430351426182
24.9%25.1%22.4%26.3%
323263331134
–minus 18.7%+26.0%minus 59.4%
25.1320.4225.7310.44

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
64.364.364.364.3
1,3741,4631,5111,531
1,2461,3571,4461,387
587466801796
3,2723,3503,8233,778
1,3791,4871,5491,447
1.95.116.86.9
0.55.52.8143
527404630526
1,3631,4481,6251,656
3,2723,3503,8233,778

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
629453738595
43940.453.1−257
−1,011−518−638−531
56.8−24.5153−194
−95.4−101−72.6−65.8
533352665529
−699−173−282−116

Shareholding pattern

Source: NSE filings
50.2%
promoters
  • Promoters50.16%
  • Public49.84%
  • As of 30 Sep 2026
QuarterSplitPromotersPublicPromoter change
30 Sep 202650.16%49.84%0.00
30 Jun 202650.16%49.84%0.00
31 Mar 202650.16%49.84%0.00
31 Dec 202550.16%49.84%0.00
30 Sep 202550.16%49.84%–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you