X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2019 Edition) on picking money-making stocks.

This is an entirely free service. No payments are to be made.


Download Now Subscribe to our free daily e-letter, The 5 Minute WrapUp and get this complimentary report.
We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
BATA INDIA Announces Quarterly Results (3QFY19); Net Profit Up 51.3%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

BATA INDIA Announces Quarterly Results (3QFY19); Net Profit Up 51.3%
Thu, 14 Feb

BATA INDIA has announced its results for the quarter ended December 2018. Here is a detailed performance review of the same:

BATA INDIA Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-17*
3
Sep-18*
3
Dec-18*
QoQ ChangeYoY Change
Net SalesRs m6,7406,7317,78715.7%15.5%
Other incomeRs m107149137-7.7%28.1%
TurnoverRs m6,8476,8807,92415.2%15.7%
ExpensesRs m5,6255,8576,1515.0%9.3%
Gross profitRs m1,1158731,63687.3%46.8%
DepreciationRs m15415317011.0%10.4%
InterestRs m5119-17.8%87.5%
Profit before taxRs m1,0638581,59485.9%50.0%
TaxRs m38130156286.8%47.5%
Profit after taxRs m6825571,03285.4%51.3%
Gross profit margin%16.513.021.0
Effective tax rate%35.935.135.3
Net profit margin%10.08.113.0
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster


Year-on-Year Performance:
  • The company's operating income during the quarter grew 15.5% on a year-on-year (YoY) basis. The expenses were up by 9.3% YoY during the same period.
  • The company's operating profit increased by 46.8% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 21.0% in 3QFY19 as against 16.5% in 3QFY18.
  • Depreciation charges increased by 10.4% and finance costs increased by 87.5% YoY, respectively.
  • Other income increased by 28.1% YoY during the quarter.
  • Net profit for the quarter increased by 51.3% YoY. Net profit margins during the quarter increased from 10.0% in 3QFY18 to 13.0% in 3QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 15.7% on a quarter-on-quarter (QoQ) basis. The expenses were up by 5.0% QoQ during the same period.
  • The company's operating profit increased by 87.3% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 21.0% in 3QFY19 as against 13.0% in 2QFY18.
  • Net profit for the quarter increased by 85.4% QoQ, while net profit margins increased from 8.1% in 2QFY18 to 13.0% in 3QFY19.

To see how BATA INDIA has performed over the last eight quarters, please visit here.

BATA INDIA Share Price Performance

Over the last one year, BATA INDIA share price has moved up from Rs 718.2 to Rs 1,263.1, registering a Gain of Rs 544.9 or around 75.9%.

Meanwhile, the S&P BSE FMCG Index is trading at Rs 11,412.2 (down 0.0%). Over the last one year it has moved up from 10,563.3 to 11,412.2, a gain of 849 points (up 8.0%).

Overall, the S&P BSE SENSEX is up 5.1% over the year.

Current Valuations

At the current price of Rs 1,263.1, the price to earnings (P/E) ratio of BATA INDIA stands at 55.3 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 11.0 times.

Equitymaster requests your view! Post a comment on "BATA INDIA Announces Quarterly Results (3QFY19); Net Profit Up 51.3%". Click here!

  

Related Views on News

BATA INDIA at All Time High; BSE FMCG Index Down 0.2% (Market Updates)

Apr 24, 2019 | Updated on Apr 24, 2019

BATA INDIA share price has hit an all time high at Rs 1,457 (up 0.9%). The BSE FMCG Index is down by 0.2%. Among the top gainers in the BSE FMCG Index today are BATA INDIA (up 0.9%) and ZYDUS WELLNESS (up 0.1%). The top losers include KRBL and GILLETTE INDIA (down 0.1%).

BATA INDIA 2017-18 Annual Report Analysis (Annual Result Update)

Dec 19, 2018 | Updated on Dec 19, 2018

Here's an analysis of the annual report of BATA INDIA for 2017-18. It includes a full income statement, balance sheet and cash flow analysis of BATA INDIA. Also includes updates on the valuation of BATA INDIA.

BATA INDIA Announces Quarterly Results (2QFY19); Net Profit Up 29.8% (Quarterly Result Update)

Nov 5, 2018 | Updated on Nov 5, 2018

For the quarter ended September 2018, BATA INDIA has posted a net profit of Rs 557 m (up 29.8% YoY). Sales on the other hand came in at Rs 7 bn (up 14.7% YoY). Read on for a complete analysis of BATA INDIA's quarterly results.

BATA INDIA Announces Quarterly Results (1QFY19); Net Profit Up 36.6% (Quarterly Result Update)

Jul 25, 2018 | Updated on Jul 25, 2018

For the quarter ended June 2018, BATA INDIA has posted a net profit of Rs 826 m (up 36.6% YoY). Sales on the other hand came in at Rs 8 bn (up 7.3% YoY). Read on for a complete analysis of BATA INDIA's quarterly results.

More Views on News

Most Popular

This is Why the Stock of Jubilant FoodWorks Went Up 1,160%(The 5 Minute Wrapup)

Apr 12, 2019

This critical business strategy has enabled companies to scale their operations faster.

Pocketing Massive Gains with HDFC And HDFC Bank(Profit Hunter)

Apr 12, 2019

Here's how one could have generated gains of Rs 59,250 in 10 days by trading HDFC and HDFC Bank with a capital of Rs 4 lakh.

A Simple 3-Point Investing Manifesto for You the Indian Investor(The 5 Minute Wrapup)

Apr 11, 2019

A must have checklist for every investor in the Indian stock market.

My Master Series on How to Trade Election 2019(Profit Hunter)

Apr 16, 2019

For 30 years he has watched how elections impact the markets, and practiced how to profit from it. Now he is here...telling you everything. Read on...

Election Series: Follow the World's Biggest Traders To See Where the Money Flows(The 5 Minute Wrapup)

Apr 17, 2019

20% of all the traders bring in 80% of the money. Watch these 20% and you get a working idea of which way the wind is blowing.

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2019
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

BATA INDIA SHARE PRICE


Apr 24, 2019 (Close)

TRACK BATA INDIA

  • Track your investment in BATA INDIA with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

BATA INDIA 8-QTR ANALYSIS

COMPARE BATA INDIA WITH

MARKET STATS