Recent Price Movement and Market Context
On 8 Jan 2026, Bata India’s share price touched Rs.927.4, the lowest level in the past year. This new low comes after three consecutive days of declines, during which the stock lost 2.83% in value. The day’s performance saw the stock fall by 0.87%, underperforming the Footwear sector by 0.41%. Notably, Bata India is trading below all key moving averages — 5-day, 20-day, 50-day, 100-day, and 200-day — signalling a persistent bearish momentum.
In comparison, the Sensex opened lower by 183.12 points and was trading at 84,774.62, down 0.22%. Despite this, the Sensex remains close to its 52-week high of 86,159.02, just 1.63% away, and its 50-day moving average is positioned above the 200-day moving average, indicating a more stable market backdrop relative to Bata India’s performance.
Financial Performance and Key Metrics
Bata India’s financial results have contributed to the stock’s decline. The company reported a 14.92% drop in net sales, which was a significant factor in the negative sentiment. Quarterly profit after tax (PAT) stood at Rs.19.85 crore, down 64.0% compared to the previous four-quarter average. This sharp contraction in profitability has weighed heavily on investor confidence.
The company’s operating profit to interest ratio for the quarter was at a low 4.28 times, indicating tighter coverage of interest expenses. Additionally, the debt-to-equity ratio at the half-year mark reached 2.94 times, the highest level recorded, reflecting increased leverage on the balance sheet.
Only 1% make it here. This Large Cap from the Gems, Jewellery And Watches sector passed our rigorous filters with flying colors. Be among the first few to spot this gem!
- - Highest rated stock selection
- - Multi-parameter screening cleared
- - Large Cap quality pick
Long-Term Performance and Relative Comparison
Over the past year, Bata India has delivered a total return of -34.70%, significantly underperforming the Sensex, which posted an 8.44% gain during the same period. The stock has also consistently lagged behind the BSE500 index in each of the last three annual periods, highlighting a trend of underperformance relative to broader market benchmarks.
The 52-week high for Bata India was Rs.1,445.35, underscoring the extent of the recent decline. The stock’s current valuation reflects this downturn, trading at a discount compared to its peers’ historical averages.
Operational and Financial Strengths
Despite the recent setbacks, Bata India maintains certain financial strengths. The company exhibits a high return on capital employed (ROCE) of 15.35%, indicating efficient use of capital in generating profits. Operating profit has grown at an annual rate of 44.45%, demonstrating underlying growth in core earnings over the longer term.
Debt servicing capacity remains robust, with a low debt-to-EBITDA ratio of 0.97 times, suggesting manageable leverage relative to earnings before interest, tax, depreciation, and amortisation. The enterprise value to capital employed ratio stands at an attractive 5.5, further supporting the company’s valuation metrics.
Institutional investors hold a significant 36.29% stake in Bata India, reflecting confidence from entities with extensive analytical resources and fundamental assessment capabilities.
Bata India Ltd. or something better? Our SwitchER feature analyzes this small-cap Footwear stock and recommends superior alternatives based on fundamentals, momentum, and value!
- - SwitchER analysis complete
- - Superior alternatives found
- - Multi-parameter evaluation
Market Sentiment and Analyst Ratings
MarketsMOJO assigns Bata India a Mojo Score of 33.0, categorising the stock with a Sell grade as of 11 Nov 2025, an upgrade from a previous Strong Sell rating. The market capitalisation grade is rated at 3, reflecting moderate size and liquidity considerations.
The downgrade in sentiment aligns with the company’s recent financial results and price performance, which have not met expectations. The stock’s consistent underperformance against the benchmark indices over the last three years has contributed to this cautious stance.
Summary of Key Financial Indicators
To summarise, Bata India’s key financial indicators as of the latest reporting period include:
- Net sales decline of 14.92%
- Quarterly PAT of Rs.19.85 crore, down 64.0%
- Operating profit to interest coverage ratio at 4.28 times
- Debt-to-equity ratio at 2.94 times
- ROCE at 15.35%
- Debt-to-EBITDA ratio at 0.97 times
- Annual operating profit growth rate of 44.45%
- Enterprise value to capital employed ratio of 5.5
- Institutional holdings at 36.29%
Conclusion
Bata India Ltd.’s stock reaching a 52-week low of Rs.927.4 reflects a combination of subdued financial results, increased leverage, and sustained underperformance relative to market benchmarks. While the company retains certain financial strengths such as a healthy ROCE and manageable debt servicing ratios, the recent decline in sales and profits has weighed on market sentiment. The stock’s current valuation discounts these challenges, positioning it at a notable low point within the past year’s trading range.
Upgrade at special rates, valid only for the next few days. Claim Your Special Rate →
