how big is BITS?

As of Jun 06, BITS Ltd has a market capitalization of 120.04 Cr, classified as a Micro Cap company, with recent net sales of 1.13 Cr and net profit of 0.23 Cr over the last four quarters. Shareholder's funds are 20.00 Cr, and total assets amount to 20.58 Cr as of the latest annual period ending Mar'24.

Market Cap: BITS Ltd has a market capitalization of 120.04 Cr and is classified as a Micro Cap company as of Jun 06.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters, which includes Mar'25, Dec'24, Sep'24, and Jun'24, is 1.13 Cr. The sum of Net Profit for the same period is 0.23 Cr. This data is Consolidated.<BR><BR>Balance Sheet Snapshot: This is Consolidated data for the latest annual period ending Mar'24. Shareholder's Funds are reported at 20.00 Cr, and Total Assets amount to 20.58 Cr.

What does BITS do?

BITS Ltd is a micro-cap software company focused on computer education, reporting net sales and profit of 0 Cr for March 2025, with a market cap of Rs 120 Cr. It has a P/E ratio of 114.00 and a return on equity of 1.14%.

Overview:<BR>BITS Ltd is a micro-cap company in the software products industry that imparts computer education under the banner of Bureau of Information Technology Studies (BITS).<BR><BR>History:<BR>BITS Ltd was formerly known as Bureau of Information Technology Services (I) Ltd and was promoted by Pradeep Khanna as a division of Jukaso Silk Mills. The company underwent a trademark transfer in December 1992 and was assigned the rights in 1994. The latest quarterly results reported net sales and net profit of 0 Cr for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 0 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 0 Cr (Quarterly Results - Mar 2025)<BR>- Market Cap: Rs 120 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 114.00<BR>- Industry P/E: 29<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: -0.01<BR>- Return on Equity: 1.14%<BR>- Price to Book: 5.65<BR><BR>Contact Details:<BR>- Address: 711 7th Flr, No 27 Barakhamba Road New Delhi New Delhi : 110001<BR>- Tel: 91-011-23243611/23243599<BR>- Email: bitsltd@gmail.com<BR>- Website: http://www.bits.net.in

Has BITS declared dividend?

No Dividend History Available

Who are the peers of the BITS?

BITS' peers include Oracle Fin.Serv., C.E. Info System, Tanla Platforms, and others, with varying management risks and growth ratings. Kati patang Life leads in 1-year returns at 277.48%, while BITS has a return of 156.02%.

Peers: The peers of BITS are Oracle Fin.Serv., C.E. Info System, Tanla Platforms, Moschip Tech., Nucleus Soft., Kati patang Life, Cranes Software, Netlink Solns(I), and B2B Soft.Tech.<BR><BR>Quality Snapshot: Excellent management risk is observed at Oracle Fin.Serv., while Good management risk is found at C.E. Info System and Nucleus Soft. Average management risk is present at Tanla Platforms and Netlink Solns(I), while Below Average management risk is seen at Moschip Tech., BITS, Kati patang Life, and the rest. Growth is rated as Good for C.E. Info System, Tanla Platforms, and Moschip Tech., while Below Average growth is noted for Oracle Fin.Serv., Nucleus Soft., BITS, Kati patang Life, and the rest. Excellent capital structure is attributed to Oracle Fin.Serv., C.E. Info System, Tanla Platforms, and Nucleus Soft., while Good capital structure is observed at BITS and B2B Soft.Tech., and Below Average capital structure is found at Moschip Tech., Kati patang Life, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Kati patang Life with 277.48%, while the lowest is Tanla Platforms at -32.80%. BITS has a 1-year return of 156.02%, which is significantly higher than Tanla Platforms but lower than Kati patang Life. Additionally, the six-month return is negative for Oracle Fin.Serv., Tanla Platforms, Moschip Tech., Kati patang Life, Cranes Software, and Infronics Sys.

Is BITS overvalued or undervalued?

As of May 31, 2024, BITS is considered very expensive and overvalued with a PE ratio of 120.04 and an EV to EBITDA of 119.91, significantly higher than its peers TCS and Infosys, despite a strong 1-year stock return of 240.18%.

As of 31 May 2024, the valuation grade for BITS has moved from does not qualify to very expensive. The company is considered overvalued based on its high valuation metrics. The PE ratio stands at 120.04, while the EV to EBITDA ratio is also at 119.91, indicating a significant premium compared to industry standards. Additionally, the Price to Book Value ratio is 5.93, further emphasizing the overvaluation.<BR><BR>In comparison to its peers, BITS' valuation metrics starkly contrast with TCS, which has a PE ratio of 25.23 and an EV to EBITDA of 17.63, and Infosys, with a PE of 24.32 and an EV to EBITDA of 15.83. The disparity in these ratios highlights that BITS is trading at a much higher valuation than its more established competitors. Despite a remarkable 1-year stock return of 240.18%, which outpaces the Sensex's 7.62%, the current valuation suggests that BITS may not sustain such high performance in the long term given its elevated price levels.

What is the technical trend for BITS?

As of June 6, 2025, BITS shows a mildly bearish trend, indicated by bearish weekly MACD, daily moving averages, and Dow Theory, despite some bullish signals on the monthly chart.

As of 6 June 2025, the technical trend for BITS has changed from bearish to mildly bearish. The weekly MACD remains bearish, while the monthly MACD shows a mildly bearish stance. The daily moving averages indicate a bearish trend. Bollinger Bands reflect a mildly bearish outlook on the weekly chart but are bullish on the monthly. The KST is mildly bullish weekly but mildly bearish monthly, and Dow Theory supports a mildly bearish view for both weekly and monthly time frames. Overall, the current technical stance is mildly bearish, with key indicators being the bearish MACD and daily moving averages.

Who are in the management team of BITS?

As of March 2023, the management team of BITS includes Ankit Rathi (Chairman & Director), Omprakash Ramashankar Pathak (Managing Director), Harish Kumar Chauhan and Preeti Sharma (Independent Directors), and Surendra Singh Tangar (Company Secretary & Compliance Officer). They oversee the company's governance and operations.

As of March 2023, the management team of BITS includes the following individuals:<BR><BR>1. Ankit Rathi - Chairman & Director<BR>2. Omprakash Ramashankar Pathak - Managing Director<BR>3. Harish Kumar Chauhan - Independent Director<BR>4. Preeti Sharma - Independent Director<BR>5. Surendra Singh Tangar - Company Secretary & Compliance Officer<BR><BR>These members play key roles in the governance and operational oversight of the company.

Who are the top shareholders of the BITS?

The top shareholder of BITS is Vizwise Commerce Private Limited, holding 65.07% of the shares, with individual investors owning 33.21%. There are no pledged promoter holdings, and no foreign institutional investors are involved.

The top shareholders of BITS are primarily its promoters, with Vizwise Commerce Private Limited holding the largest share at 65.07%. There are no pledged promoter holdings, and individual investors collectively hold 33.21% of the shares. Additionally, there are four mutual fund schemes that hold a very small percentage (0.03%), but there are no foreign institutional investors (FIIs) involved. Overall, the majority of the company's shares are held by its promoters.

When is the next results date for BITS?

BITS will declare its results on 21 July 2025.

BITS will declare its results on 21 July 2025.

Are BITS latest results good or bad?

BITS Ltd's latest results show mixed performance: revenue grew 3.33% quarter-on-quarter and 24% year-on-year, but net profit declined 22.22% from the previous quarter, raising concerns about profitability. Additionally, the stock has dropped 75.31% year-to-date, indicating investor apprehension about the company's valuation relative to its financial performance.

BITS Ltd's latest results present a mixed picture. On one hand, the company achieved a revenue of ₹0.31 crores in Q2 FY26, which reflects a positive growth of 3.33% quarter-on-quarter and an impressive 24.00% year-on-year. This marks the eighth consecutive quarter of year-on-year revenue growth, indicating some operational resilience.<BR><BR>However, the net profit for the same quarter was ₹0.07 crores, which represents a decline of 22.22% compared to the previous quarter, although it shows a significant improvement of 133.33% year-on-year. The profit margin also contracted, dropping from 30.00% to 22.58%, raising concerns about the sustainability of profitability at such small operational scales.<BR><BR>Additionally, BITS shares have seen a dramatic decline, trading down 75.31% year-to-date and significantly below their 52-week high. This sharp correction reflects investor concerns regarding the company's elevated valuation multiples, which appear disconnected from its current financial performance. <BR><BR>Overall, while there are positive signs in revenue growth, the decline in profitability and significant stock price drop suggest that the results are not entirely favorable and highlight ongoing challenges for the company in the competitive IT services sector.

How has been the historical performance of BITS?

BITS has shown fluctuating historical performance, with net sales increasing from 0.55 Cr in Mar'21 to 1.13 Cr in Mar'25, and a recovery in profitability, achieving a profit before tax of 0.21 Cr in Mar'25. Improved cost management is evident as total expenditure decreased, while cash flow from operating activities significantly rose to 6.00 Cr in Mar'25.

Answer:<BR>The historical performance of BITS shows a fluctuating trend in net sales and profitability over the years.<BR><BR>Breakdown:<BR>BITS has experienced a gradual increase in net sales from 0.55 Cr in Mar'21 to 1.13 Cr in Mar'25, with a notable peak of 1.87 Cr in Mar'10 and a decline to 0.74 Cr in Mar'22. The total operating income has followed a similar trajectory, reaching 1.13 Cr in Mar'25. However, the total expenditure, excluding depreciation, has decreased from 2.23 Cr in Mar'10 to 0.80 Cr in Mar'25, indicating improved cost management. Operating profit, excluding other income, has shown a significant recovery, moving from a loss of 0.36 Cr in Mar'10 to a profit of 0.33 Cr in Mar'25. The profit before tax has also improved, reaching 0.21 Cr in Mar'25, while profit after tax has increased to 0.21 Cr from a loss of 0.07 Cr in Mar'21. The earnings per share (EPS) have fluctuated, with a rise to 0.02 in Mar'25 from 0.0 in Mar'23. The company's total assets have increased to 20.83 Cr in Mar'25, up from 18.11 Cr in Mar'23, while total liabilities have also risen to 20.83 Cr in Mar'25. Cash flow from operating activities has improved significantly, reaching 6.00 Cr in Mar'25, reflecting a positive change in working capital. Overall, BITS has shown signs of recovery and growth in recent years, particularly in sales and profitability metrics.

Should I buy, sell or hold BITS?

Which are the latest news on BITS?

Why is BITS falling/rising?

As of 04-Dec, BITS Ltd's stock price is at 10.23, down 0.68%, and has declined 5.54% over the last three days. The stock has significantly underperformed year-to-date, down 66.72%, and is trading below all major moving averages, indicating a persistent downward trend and reduced investor interest.

As of 04-Dec, BITS Ltd's stock price is falling, currently at 10.23, which reflects a decrease of 0.07 or 0.68%. The stock has underperformed its sector by 2.02% today and has been on a consecutive decline for the last three days, accumulating a total drop of 5.54% during this period. Additionally, BITS Ltd has shown significant underperformance over longer time frames, with a year-to-date decline of 66.72% compared to a 9.12% increase in the benchmark Sensex. <BR><BR>The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent downward trend. Furthermore, there has been a notable decline in investor participation, with the delivery volume on December 3 falling by 65.5% compared to the 5-day average. This lack of investor interest, combined with the overall negative performance metrics, contributes to the ongoing decline in BITS Ltd's stock price.