Cash flow Bata India Limited

Equities

BATAINDIA

INE176A01028

Footwear

Market Closed - Bombay S.E. Other stock markets 05:00:47 2026-01-14 am EST			5-day change	1st Jan Change
905.85 ^INR	-0.23%		-2.31%	-3.91%

Jan. 13	Founders of India's RedTape seek stake sale, solicit Blackstone, KKR interest	RE
Jan. 08	Bata India approves voluntary retirement scheme at Hosur unit	RE

e72ad11fee614.DEnO7N3Q12eVNCdEjdQt5fUaAY-6za8B9ragjkabNec.SB2AiK2AiBDgbWQv5ZpIppNYbu3XipdPlNPF5Wv4UtRpeJG-maa4ANl-RA

Published financial data: BATA INDIA LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2021	2022	2023	2024	2025
Revenues	17.08B	23.88B	34.52B	34.79B	34.89B
Total Revenues	17.08B	23.88B	34.52B	34.79B	34.89B
Cost of Goods Sold, Total	8.5B	11.01B	15.28B	15.06B	15.37B
Gross Profit	8.58B	12.86B	19.24B	19.72B	19.52B
Selling General & Admin Expenses, Total	3.74B	4.39B	6.23B	6.36B	6.84B
Provision for Bad Debts	-	-	-	2.94M	-
Depreciation & Amortization - (IS)	2.65B	2.42B	2.95B	3.39B	3.71B
Other Operating Expenses	3.2B	4.25B	5.05B	5.46B	5.19B
Other Operating Expenses, Total	9.59B	11.06B	14.23B	15.21B	15.75B
Operating Income	-1B	1.8B	5.01B	4.51B	3.76B
Interest Expense, Total	-1.04B	-928M	-1.08B	-1.17B	-1.28B
Interest And Investment Income	476M	443M	355M	469M	426M
Net Interest Expenses	-559M	-485M	-724M	-701M	-859M
Currency Exchange Gains (Loss)	2.12M	-16.91M	-21M	11.25M	-6.77M
Other Non Operating Income (Expenses)	154M	85.46M	19.08M	132M	230M
EBT, Excl. Unusual Items	-1.41B	1.39B	4.29B	3.95B	3.13B
Restructuring Charges	-46.1M	-	-	-	-108M
Gain (Loss) On Sale Of Investments	-	29.05M	-	-	-
Gain (Loss) On Sale Of Assets	-22.01M	-22.49M	10.87M	-19.11M	1.31B
Asset Writedown	-	-	-	-	-
Insurance Settlements	7.82M	2.05M	2.35M	4.47M	-
Legal Settlements	-	-	-	-23.85M	-67.9M
Other Unusual Items	300M	-	-	-409M	-
EBT, Incl. Unusual Items	-1.17B	1.4B	4.3B	3.51B	4.26B
Income Tax Expense	-273M	367M	1.07B	881M	957M
Earnings From Continuing Operations	-893M	1.03B	3.23B	2.63B	3.31B
Net Income to Company	-893M	1.03B	3.23B	2.63B	3.31B
Net Income - (IS)	-893M	1.03B	3.23B	2.63B	3.31B
Net Income to Common Incl Extra Items	-893M	1.03B	3.23B	2.63B	3.31B
Net Income to Common Excl. Extra Items	-893M	1.03B	3.23B	2.63B	3.31B
Per Share Items
Net EPS - Basic	-6.95	8.01	25.13	20.42	25.73
Basic EPS - Continuing Operations	-6.95	8.01	25.13	20.42	25.73
Basic Weighted Average Shares Outstanding	129M	129M	129M	129M	129M
Net EPS - Diluted	-6.95	8.01	25.13	20.42	25.73
Diluted EPS - Continuing Operations	-6.95	8.01	25.13	20.42	25.73
Diluted Weighted Average Shares Outstanding	129M	129M	129M	129M	129M
Normalized Basic EPS	-6.84	6.75	20.84	19.23	15.21
Normalized Diluted EPS	-6.84	6.75	20.84	19.23	15.21
Dividend Per Share	4	4	13.5	12	19
Payout Ratio	-57.65	49.94	216.38	65.94	85.27
Supplemental Items
EBITDA	-395M	2.36B	5.58B	5.22B	4.58B
EBITA	-1B	1.8B	5.01B	4.53B	3.93B
EBIT	-1B	1.8B	5.01B	4.51B	3.76B
EBITDAR	255M	3.14B	6.75B	6.46B	5.98B
Total Revenues (As Reported)	18.03B	24.44B	34.9B	35.4B	35.54B
Effective Tax Rate - (Ratio)	23.43	26.28	24.85	25.13	22.45
Total Current Taxes	870K	42.92M	1.16B	1.01B	1.11B
Total Deferred Taxes	-274M	324M	-91.71M	-133M	-155M
Normalized Net Income	-879M	868M	2.68B	2.47B	1.96B
Interest on Long-Term Debt	1.01B	912M	1.07B	1.16B	1.23B
Non-Cash Pension Expense	-2.9M	-1.79M	700K	-1.08M	630K
Supplemental Operating Expense Items
Advertising Expense	339M	601M	881M	917M	824M
Selling and Marketing Expenses	339M	601M	881M	917M	824M
Research And Development Expense From Footnotes	56.95M	40.61M	-	-	-
Net Rental Expense, Total	650M	772M	1.17B	1.24B	1.4B
Imputed Operating Lease Interest Expense	472M	539M	859M	895M	1.02B
Imputed Operating Lease Depreciation	178M	233M	306M	350M	373M
Maintenance & Repair Expenses, Total	128M	147M	141M	141M	128M

Fiscal Period: March	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	545M	178M	746M	501M	2.03B
Short Term Investments	10.39B	9.49B	4.52B	3.54B	4.27B
Total Cash And Short Term Investments	10.94B	9.67B	5.27B	4.04B	6.3B
Accounts Receivable, Total	794M	717M	826M	801M	1.12B
Other Receivables	504M	634M	668M	737M	836M
Notes Receivable	98.33M	-	-	-	-
Total Receivables	1.4B	1.35B	1.49B	1.54B	1.95B
Inventory	6.08B	8.71B	9.05B	9.3B	8.15B
Prepaid Expenses	75.79M	94.11M	153M	218M	141M
Other Current Assets, Total	86.19M	179M	174M	413M	678M
Total Current Assets	18.58B	20B	16.14B	15.51B	17.22B
Gross Property Plant And Equipment	14.96B	16.05B	17.97B	19.32B	20.3B
Accumulated Depreciation	-3.5B	-3.92B	-4.17B	-4.49B	-4.83B
Net Property Plant And Equipment	11.46B	12.13B	13.79B	14.83B	15.47B
Long-term Investments	5.88M	8.65M	5M	5M	10M
Other Intangibles, Total	67.42M	182M	164M	290M	2.67B
Loans Receivable Long-Term	1.16B	-	-	-	-
Deferred Tax Assets Long-Term	1.38B	1.04B	1.13B	1.27B	1.42B
Other Long-Term Assets, Total	662M	1.89B	1.49B	1.6B	1.44B
Total Assets	33.32B	35.25B	32.72B	33.5B	38.23B
Liabilities
Accounts Payable, Total	4.4B	4.56B	4.09B	3B	3.49B
Accrued Expenses, Total	189M	800M	970M	780M	843M
Current Portion of Leases	1.73B	2.03B	2.36B	2.74B	3.41B
Current Income Taxes Payable	177M	177M	9.41M	-	-
Unearned Revenue Current, Total	53.24M	42.85M	191M	160M	110M
Other Current Liabilities	584M	561M	602M	672M	1.52B
Total Current Liabilities	7.13B	8.17B	8.22B	7.35B	9.38B
Long-Term Leases	8.6B	8.91B	10.11B	10.83B	11.05B
Other Non Current Liabilities	20.64M	20.27M	4.72M	46.91M	2.05B
Total Liabilities	15.74B	17.1B	18.33B	18.23B	22.48B
Common Stock, Total	643M	643M	643M	643M	643M
Additional Paid In Capital	501M	501M	501M	501M	501M
Retained Earnings	16.44B	17B	13.24B	14.12B	14.61B
Comprehensive Income and Other	-	-	-	-	-
Total Common Equity	17.58B	18.15B	14.38B	15.27B	15.75B
Total Equity	17.58B	18.15B	14.38B	15.27B	15.75B
Total Liabilities And Equity	33.32B	35.25B	32.72B	33.5B	38.23B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	129M	129M	129M	129M	129M
ECS Total Common Shares Outstanding	129M	129M	129M	129M	129M
Book Value / Share	136.79	141.19	111.9	118.8	122.54
Tangible Book Value	17.51B	17.96B	14.22B	14.98B	13.07B
Tangible Book Value Per Share	136.26	139.77	110.62	116.54	101.73
Total Debt	10.32B	10.94B	12.46B	13.57B	14.46B
Net Debt	-615M	1.28B	7.2B	9.53B	8.17B
Debt Equivalent of Unfunded Proj. Benefit Obligation	-13.91M	10.63M	-4.41M	35.17M	72.99M
Debt Equivalent Oper. Leases	5.2B	6.18B	9.32B	9.95B	11.17B
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	153M	226M	206M	118M	149M
Inventories - Work In Process, Total	66.43M	97.08M	76.8M	62.45M	75.13M
Inventories - Finished Goods, Total	5.86B	8.38B	8.75B	9.11B	7.91B
Inventories - Others	6.73M	5.55M	10.14M	9.36M	7.88M
Land - (BS)	252M	252M	252M	59.8M	59.8M
Buildings, Total	1.53B	1.77B	1.77B	1.79B	1.79B
Machinery, Total	3.08B	3.18B	3.45B	3.94B	4.24B
Full Time Employees	4.45K	4.36K	4.42K	4.07K	3.96K
Accumulated Allowance for Doubtful Accounts (Supple)	18.08M	41.23M	114M	84.63M	67.84M

Fiscal Period: March	2021	2022	2023	2024	2025
Net Income	-893M	1.03B	3.23B	2.63B	3.31B
Depreciation & Amortization - CF	2.63B	2.39B	2.9B	3.32B	3.51B
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	16.84M	164M
Depreciation & Amortization, Total	2.63B	2.39B	2.9B	3.34B	3.67B
Amortization of Deferred Charges, Total - (CF)	20.02M	34.06M	47.85M	49.35M	41.65M
(Gain) Loss From Sale Of Asset	22.01M	22.49M	-10.87M	19.11M	-1.31B
(Gain) Loss on Sale of Investments - (CF)	-	-29.05M	-	-	-
Asset Writedown & Restructuring Costs	-	-	-	-	-
Provision and Write-off of Bad Debts	32.79M	13.64M	82.26M	9.04M	1.15M
Other Operating Activities, Total	599M	698M	815M	528M	394M
Change In Accounts Receivable	-202M	67.79M	-182M	50.46M	-299M
Change In Inventories	2.65B	-2.63B	-336M	-250M	1.15B
Change In Accounts Payable	-637M	165M	-470M	-1.09B	499M
Change in Other Net Operating Assets	386M	354M	213M	-751M	-75.05M
Cash from Operations	4.61B	2.12B	6.29B	4.53B	7.38B
Capital Expenditure	-368M	-486M	-954M	-1.01B	-726M
Sale of Property, Plant, and Equipment	10.52M	8.56M	57.26M	30.12M	1.58B
Investment in Marketable and Equity Securities, Total	-920M	940M	4.96B	992M	-701M
Other Investing Activities, Total	750M	466M	319M	391M	380M
Cash from Investing	-527M	928M	4.39B	404M	530M
Long-Term Debt Repaid, Total	-3.15B	-2.89B	-2.06B	-2.3B	-2.33B
Total Debt Repaid	-3.15B	-2.89B	-2.06B	-2.3B	-2.33B
Common Dividends Paid	-515M	-514M	-6.99B	-1.73B	-2.82B
Common & Preferred Stock Dividends Paid	-515M	-514M	-6.99B	-1.73B	-2.82B
Other Financing Activities, Total	-24.31M	-9.45M	-1.06B	-1.15B	-1.23B
Cash from Financing	-3.69B	-3.41B	-10.11B	-5.18B	-6.38B
Net Change in Cash	393M	-367M	568M	-245M	1.53B
Supplemental Items
Cash Interest Paid	11.43M	9.45M	1.06B	1.15B	1.23B
Cash Income Tax Paid (Refund)	-468M	68.4M	974M	949M	1.2B
Levered Free Cash Flow	3.32B	531M	3.64B	2.62B	6.44B
Unlevered Free Cash Flow	3.97B	1.11B	4.32B	3.35B	7.24B
Change In Net Working Capital	-2.31B	1.95B	810M	1.85B	-1.9B
Net Debt Issued / Repaid	-3.15B	-2.89B	-2.06B	-2.3B	-2.33B

Fiscal Period: March	2021	2022	2023	2024	2025
Profitability
Return on Assets	-1.78	3.29	9.22	8.52	6.56
Return on Total Capital	-2.11	3.96	11.2	10.13	7.97
Return On Equity %	-4.89	5.77	19.86	17.71	21.32
Return on Common Equity	-4.89	5.77	19.86	17.71	21.32
Margin Analysis
Gross Profit Margin %	50.23	53.87	55.74	56.7	55.94
SG&A Margin	21.88	18.37	18.06	18.28	19.62
EBITDA Margin %	-2.31	9.9	16.18	15	13.13
EBITA Margin %	-5.87	7.56	14.52	13.02	11.26
EBIT Margin %	-5.87	7.56	14.52	12.97	10.79
Income From Continuing Operations Margin %	-5.23	4.31	9.36	7.55	9.48
Net Income Margin %	-5.23	4.31	9.36	7.55	9.48
Net Avail. For Common Margin %	-5.23	4.31	9.36	7.55	9.48
Normalized Net Income Margin	-5.15	3.63	7.76	7.1	5.61
Levered Free Cash Flow Margin	19.44	2.22	10.55	7.52	18.46
Unlevered Free Cash Flow Margin	23.22	4.65	12.5	9.62	20.76
Asset Turnover
Asset Turnover	0.48	0.7	1.02	1.05	0.97
Fixed Assets Turnover	1.35	2.03	2.66	2.43	2.3
Receivables Turnover (Average Receivables)	23.96	31.61	44.75	42.76	36.36
Inventory Turnover (Average Inventory)	1.15	1.49	1.72	1.64	1.76
Short Term Liquidity
Current Ratio	2.61	2.45	1.96	2.11	1.84
Quick Ratio	1.72	1.35	0.82	0.76	0.88
Operating Cash Flow to Current Liabilities	0.65	0.26	0.76	0.62	0.79
Days Sales Outstanding (Average Receivables)	15.24	11.55	8.16	8.56	10.04
Days Outstanding Inventory (Average Inventory)	318.08	245.08	212.1	222.82	207.07
Average Days Payable Outstanding	294.28	119.86	101.17	84.73	83.29
Cash Conversion Cycle (Average Days)	39.04	136.77	119.09	146.64	133.82
Long Term Solvency
Total Debt/Equity	58.72	60.3	86.67	88.89	91.84
Total Debt / Total Capital	36.99	37.62	46.43	47.06	47.87
LT Debt/Equity	48.9	49.12	70.26	70.92	70.17
Long-Term Debt / Total Capital	30.81	30.64	37.64	37.55	36.58
Total Liabilities / Total Assets	47.24	48.52	56.04	54.42	58.8
EBIT / Interest Expense	-0.97	1.94	4.65	3.86	2.93
EBITDA / Interest Expense	1.57	4.51	7.34	6.71	5.79
(EBITDA - Capex) / Interest Expense	1.21	3.99	6.45	5.85	5.22
Total Debt / EBITDA	6.36	2.61	1.58	1.73	1.95
Net Debt / EBITDA	-0.38	0.3	0.91	1.21	1.1
Total Debt / (EBITDA - Capex)	8.22	2.95	1.79	1.98	2.16
Net Debt / (EBITDA - Capex)	-0.49	0.34	1.03	1.39	1.22
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-44.1	39.76	44.56	0.78	0.29
Gross Profit, 1 Yr. Growth %	-50.7	49.88	49.57	2.52	-1.05
EBITDA, 1 Yr. Growth %	-106.54	-698.37	136.17	-6.6	-12.18
EBITA, 1 Yr. Growth %	-118.55	-279.81	177.67	-9.68	-13.24
EBIT, 1 Yr. Growth %	-118.55	-279.81	177.67	-10.01	-16.55
Earnings From Cont. Operations, 1 Yr. Growth %	-127.15	-215.32	213.62	-18.73	25.96
Net Income, 1 Yr. Growth %	-127.15	-215.32	213.62	-18.73	25.96
Normalized Net Income, 1 Yr. Growth %	-128.71	-198.71	208.64	-7.78	-20.87
Diluted EPS Before Extra, 1 Yr. Growth %	-127.16	-215.25	213.73	-18.74	25.99
Accounts Receivable, 1 Yr. Growth %	25.44	-9.64	15.11	-2.93	39.47
Inventory, 1 Yr. Growth %	-30.38	43.18	3.86	2.76	-12.36
Net Property, Plant and Equip., 1 Yr. Growth %	-17.07	6.22	13.72	7.55	4.26
Total Assets, 1 Yr. Growth %	-10.72	5.78	-7.19	2.39	14.12
Tangible Book Value, 1 Yr. Growth %	-7.18	2.84	-20.85	5.35	-12.71
Common Equity, 1 Yr. Growth %	-7.17	3.22	-20.74	6.17	3.15
Cash From Operations, 1 Yr. Growth %	-20.74	-54.13	197.3	-27.94	62.83
Capital Expenditures, 1 Yr. Growth %	-57.14	32.2	96.38	5.76	-28.05
Levered Free Cash Flow, 1 Yr. Growth %	-15.41	-84.01	585.95	-28.21	146.24
Unlevered Free Cash Flow, 1 Yr. Growth %	-14.88	-72	288.45	-22.48	116.43
Dividend Per Share, 1 Yr. Growth %	0	0	237.5	-11.11	58.33
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-23.65	-11.61	42.14	20.7	0.54
Gross Profit, 2 Yr. CAGR %	-27.4	-14.04	49.73	23.83	0.72
EBITDA, 2 Yr. CAGR %	-71.26	-37.44	275.92	48.54	-9.43
EBITA, 2 Yr. CAGR %	-50.83	-42.25	123.44	58.4	-11.48
EBIT, 2 Yr. CAGR %	-50.83	-42.25	123.44	58.1	-13.34
Earnings From Cont. Operations, 2 Yr. CAGR %	-47.9	-44.05	90.17	59.65	1.18
Net Income, 2 Yr. CAGR %	-47.9	-44.05	90.17	59.65	1.18
Normalized Net Income, 2 Yr. CAGR %	-45.84	-46.77	74.55	68.75	-14.57
Diluted EPS Before Extra, 2 Yr. CAGR %	-47.89	-44.05	90.15	59.67	1.18
Accounts Receivable, 2 Yr. CAGR %	9.37	6.47	1.99	5.7	16.35
Inventory, 2 Yr. CAGR %	-14.87	-0.16	21.95	3.31	-5.1
Net Property, Plant and Equip., 2 Yr. CAGR %	86.39	-6.33	9.9	10.59	5.89
Total Assets, 2 Yr. CAGR %	16.06	-2.82	-0.92	-2.52	8.1
Tangible Book Value, 2 Yr. CAGR %	0.38	-2.43	-9.78	-8.69	-4.11
Common Equity, 2 Yr. CAGR %	0.47	-2.12	-9.55	-8.27	4.65
Cash From Operations, 2 Yr. CAGR %	15.63	-39.7	16.78	46.37	8.32
Capital Expenditures, 2 Yr. CAGR %	-33.12	-24.72	61.13	44.11	-12.77
Levered Free Cash Flow, 2 Yr. CAGR %	10.73	-63.22	4.73	121.95	32.96
Unlevered Free Cash Flow, 2 Yr. CAGR %	20.55	-51.18	4.3	73.56	29.53
Dividend Per Share, 2 Yr. CAGR %	-20	0	83.71	73.21	18.63
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-13.44	-6.61	4.14	26.75	13.47
Gross Profit, 3 Yr. CAGR %	-15.34	-7.56	3.39	31.97	14.91
EBITDA, 3 Yr. CAGR %	-51.79	-20.94	-2.59	136.35	24.67
EBITA, 3 Yr. CAGR %	-30	-24.24	-2.52	65.24	29.6
EBIT, 3 Yr. CAGR %	-30	-24.24	-2.52	65.03	27.77
Earnings From Cont. Operations, 3 Yr. CAGR %	-26.01	-32.1	-0.61	43.25	47.52
Net Income, 3 Yr. CAGR %	-26.01	-32.1	-0.61	43.25	47.52
Normalized Net Income, 3 Yr. CAGR %	-25.36	-33.84	-4.37	41.13	31.11
Diluted EPS Before Extra, 3 Yr. CAGR %	-26.01	-32.11	-0.6	43.23	47.54
Accounts Receivable, 3 Yr. CAGR %	-3.87	2.63	9.27	0.32	15.94
Inventory, 3 Yr. CAGR %	-7.36	1.24	1.16	15.18	-2.2
Net Property, Plant and Equip., 3 Yr. CAGR %	55.14	54.33	-0.07	9.11	8.44
Total Assets, 3 Yr. CAGR %	15.88	12.53	-4.3	0.17	2.74
Tangible Book Value, 3 Yr. CAGR %	5.94	1.11	-9	-5	-10.05
Common Equity, 3 Yr. CAGR %	6.03	1.37	-8.77	-4.59	-4.61
Cash From Operations, 3 Yr. CAGR %	42.22	-15.04	2.63	-0.58	51.66
Capital Expenditures, 3 Yr. CAGR %	-22.15	-16.07	3.63	40.03	14.33
Levered Free Cash Flow, 3 Yr. CAGR %	47.24	-41.91	-2.47	-7.65	129.77
Unlevered Free Cash Flow, 3 Yr. CAGR %	54.95	-25.9	-2.53	-5.52	86.81
Dividend Per Share, 3 Yr. CAGR %	0	-13.82	50	44.22	68.1
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-6.75	-0.71	5.55	3.48	2.68
Gross Profit, 5 Yr. CAGR %	-7.37	-0.26	6.35	3.91	2.31
EBITDA, 5 Yr. CAGR %	-32.38	-3.63	9.63	1.75	-5.38
EBITA, 5 Yr. CAGR %	-12.96	-3.87	11.36	1.76	-6.2
EBIT, 5 Yr. CAGR %	-12.96	-3.87	11.36	1.68	-7
Earnings From Cont. Operations, 5 Yr. CAGR %	-16.3	-8.31	7.93	-4.41	0.1
Net Income, 5 Yr. CAGR %	-16.3	-8.31	7.93	-4.41	0.1
Normalized Net Income, 5 Yr. CAGR %	-9.01	-11.88	4.84	-3.78	-8.58
Diluted EPS Before Extra, 5 Yr. CAGR %	-16.29	-8.32	7.93	-4.42	0.11
Accounts Receivable, 5 Yr. CAGR %	2.25	0.66	-1.57	3.85	12.05
Inventory, 5 Yr. CAGR %	-2.36	4.06	3.4	2.06	-1.39
Net Property, Plant and Equip., 5 Yr. CAGR %	29.32	33.06	35.05	35.07	2.27
Total Assets, 5 Yr. CAGR %	13.97	12.88	8.85	6.25	0.48
Tangible Book Value, 5 Yr. CAGR %	7.59	6.4	-0.71	-2.93	-7.07
Common Equity, 5 Yr. CAGR %	7.56	6.5	-0.5	-2.6	-3.62
Cash From Operations, 5 Yr. CAGR %	17.75	-3.78	31.44	5.61	4.87
Capital Expenditures, 5 Yr. CAGR %	-1.88	-1.07	4.14	4.19	-3.27
Levered Free Cash Flow, 5 Yr. CAGR %	50.63	-23.91	28.48	-0.69	10.41
Unlevered Free Cash Flow, 5 Yr. CAGR %	55.31	-12.02	32.26	4.16	9.22
Dividend Per Share, 5 Yr. CAGR %	2.71	2.71	27.54	13.94	36.56