BATA INDIA Announces Quarterly Results (3QFY20); Net Profit Up 13.6%

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 (3QFY20); Net Profit Up 13.6%
Fri, 7 Feb

BATA INDIA has announced its results for the quarter ended December 2019. Here is a detailed performance review of the same:

BATA INDIA Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-18*
3
Sep-19*
3
Dec-19*
QoQ ChangeYoY Change
Net SalesRs m7,7877,2208,29614.9%6.5%
Other incomeRs m137177171-3.9%24.2%
TurnoverRs m7,9247,3978,46714.5%6.8%
ExpensesRs m6,1515,3665,6715.7%-7.8%
Gross profitRs m1,6361,8542,62641.7%60.5%
DepreciationRs m1707497652.1%348.9%
InterestRs m9308285-7.4%2971.1%
Profit before taxRs m1,5949751,74779.3%9.6%
TaxRs m562261575120.4%2.3%
Profit after taxRs m1,0327141,17264.2%13.6%
Gross profit margin%21.025.731.7
Effective tax rate%35.326.832.9
Net profit margin%13.09.613.8
* 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 6.5% on a year-on-year (YoY) basis. The expenses were down by 7.8% YoY during the same period.
  • The company's operating profit increased by 60.5% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 31.7% in 3QFY20 as against 21.0% in 3QFY19.
  • Depreciation charges increased by 348.9% and finance costs increased by 2971.1% YoY, respectively.
  • Other income increased by 24.2% YoY during the quarter.
  • Net profit for the quarter increased by 13.6% YoY. Net profit margins during the quarter increased from 13.0% in 3QFY19 to 13.8% in 3QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 14.9% on a quarter-on-quarter (QoQ) basis. The expenses were up by 5.7% QoQ during the same period.
  • The company's operating profit increased by 41.7% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 31.7% in 3QFY20 as against 25.7% in 2QFY19.
  • Net profit for the quarter increased by 64.2% QoQ, while net profit margins increased from 9.7% in 2QFY19 to 13.8% in 3QFY20.

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

Going Live Today at 6PM: Know what opportunities India's growth story can create for you and more

BATA INDIA Share Price Performance

Over the last one year,BATA INDIA share price has moved up from Rs 1,193.7 to Rs 1,827.0, registering a Gain of Rs 633.3 or around 53.1%.

Meanwhile, the S&P BSE FMCG Index is trading at Rs 11,601.4 (up 0.2%). Over the last one year it has moved down from 11,758.1 to 11,601.4, a gain of 157 points (down 1.3%).

Overall, the S&P BSE SENSEX is up 11.4% over the year.

Current Valuations

At the current price of Rs 1,827.0, the price to earnings (P/E) ratio of BATA INDIA stands at 62.2 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 13.5 times.

Equitymaster requests your view! Post a comment on "BATA INDIA Announces Quarterly Results (3QFY20); Net Profit Up 13.6%". Click here!

  

Related Views on News

BATA INDIA 2019-20 Annual Report Analysis (Annual Result Update)

Aug 20, 2020 | Updated on Aug 20, 2020

Here's an analysis of the annual report of BATA INDIA for 2019-20. 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 (4QFY20); Net Profit Down 57.4% (Quarterly Result Update)

May 26, 2020 | Updated on May 26, 2020

For the quarter ended March 2020, BATA INDIA has posted a net profit of Rs 376 m (down 57.4% YoY). Sales on the other hand came in at Rs 6 bn (down 8.8% YoY). Read on for a complete analysis of BATA INDIA's quarterly results.

Bajaj Consumer Care Q4 Results: Net Profit Jumps Over Two-Fold (Company Info)

Apr 21, 2021

Key takeaways from Bajaj Consumer Care's March quarter results.

Nestle India Sees Double-Digit Growth Across Segments in March Quarter (Company Info)

Apr 21, 2021

Key takeaways from Nestle's March quarter (Q1CY21) results.

BATA INDIA Announces Quarterly Results (2QFY20); Net Profit Up 28.2% (Quarterly Result Update)

Nov 15, 2019 | Updated on Nov 15, 2019

For the quarter ended September 2019, BATA INDIA has posted a net profit of Rs 714 m (up 28.2% YoY). Sales on the other hand came in at Rs 7 bn (up 7.3% YoY). Read on for a complete analysis of BATA INDIA's quarterly results.

More Views on News

Most Popular

India: Recovery Stalled by Vaccine Games?(The Honest Truth)

Apr 13, 2021

Ajit Dayal on how India's vaccine strategy will impact the markets.

Top 3 Nifty ETFs to Buy Now(Fast Profits Daily)

Apr 20, 2021

In this video I tell you the three Nifty ETFs I think are the best.

A Stock with 700% Return Potential Comes with Additional Payoffs(Profit Hunter)

Apr 15, 2021

Narayana Murthy was one of the first unicorn founders to get the backing of this entity...

11x Bankruptcy to Bluechip Stock: A Rare India Revival Story(Profit Hunter)

Apr 16, 2021

There is no stopping this 11-bagger stock from significant upside.

Why Did the Market Crash on Monday?(Fast Profits Daily)

Apr 13, 2021

In this video, I'll you what I think is the real reason behind yesterday's market crash.

More

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get this Special Report,
The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

BATA INDIA SHARE PRICE


Apr 23, 2021 02:23 PM

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 - UNILEVER PLC. COMPARISON

COMPARE BATA INDIA WITH

MARKET STATS