BITS

Which are the latest news on BITS?

Why is BITS Ltd falling/rising?

As of 05-Sep, BITS Ltd's stock price is at 7.02, reflecting a decline of -0.28% and a year-to-date drop of -29.45%. The stock is underperforming against the Sensex and shows a bearish trend, with decreased investor participation indicated by a significant drop in delivery volume.

As of 05-Sep, BITS Ltd's stock price is falling, currently at 7.02, which reflects a change of -0.02 (-0.28%). The stock has been experiencing a consecutive decline over the last two days, with a total drop of -0.85% during this period. Additionally, BITS Ltd has underperformed compared to the benchmark Sensex, with a year-to-date decline of -29.45% versus the Sensex's -10.21%. <BR><BR>The stock is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. Furthermore, there has been a significant decrease in investor participation, as evidenced by a delivery volume of 11.81k on September 3, which is down by -53.77% compared to the 5-day average. This decline in trading activity suggests a lack of confidence among investors, contributing to the stock's downward movement.

Who are in the management team of BITS?

The management team of BITS includes Ankit Rathi (Chairman & Director), Omprakash Ramashankar Pathak (Managing Director), Harish Kumar Chauhan (Independent Director), Preeti Sharma (Independent Director), and Surendra Singh Tangar (Company Secretary & Compliance Officer).

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>If you have any more questions about BITS or its management, feel free to ask!

What does BITS do?

BITS Ltd is a micro-cap software company focused on computer education, with recent quarterly net sales and profit reported at 0 Cr. It has a market cap of INR 80 Cr and a P/E ratio of 99.00.

Overview:<BR>BITS Ltd is a micro-cap company operating in the software products industry, primarily focused on imparting computer education.<BR><BR>History:<BR>BITS Ltd was formerly known as Bureau of Information Technology Services (I) Limited and was promoted by Pradeep Khanna as a division of Jukaso Silk Mills. The company underwent a name change and the trademark rights were transferred in December 1992, with the assignment to the company occurring in 1994. The latest quarterly results reported net sales and net profit of 0 Cr for June 2026.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 0 Cr (Quarterly Results - Jun 2026) <BR>Most recent Net Profit: 0 Cr (Quarterly Results - Jun 2026) <BR>Market-cap value: INR 80 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 99.00 <BR>Industry P/E: 22 <BR>Dividend Yield: 0.00% <BR>Debt Equity: -0.04 <BR>Return on Equity: 3.44% <BR>Price to Book: 3.84 <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

Who are the peers of the BITS?

BITS' peers include Virinchi, Atishay, Xelpmoc Design, Cranes Software, Kati Patang Life, Odyssey Tech, and Icodex Publish. Atishay has the highest 1-year return at 24.37%, while Virinchi has the lowest at -47.82%; BITS' return is -22.27%.

Peers: The peers of BITS are Virinchi, Atishay, Xelpmoc Design, Cranes Software, Kati patang Life, Odyssey Tech., and Icodex Publish.<BR><BR>Quality Snapshot: Below Average management risk is observed at Virinchi, Xelpmoc Design, Kati patang Life, and the rest. Average management risk is found at Atishay and Odyssey Tech., while Good management risk is noted at Icodex Publish. Growth is rated as Excellent at Icodex Publish, Good at Atishay and Odyssey Tech., and Below Average at Virinchi, Xelpmoc Design, Kati patang Life, and the rest. Capital Structure is rated as Good at BITS and Odyssey Tech., while Below Average is seen at Virinchi, Xelpmoc Design, Kati patang Life, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Atishay at 24.37%, while the peer with the lowest is Virinchi at -47.82%. BITS has a 1-year return of -22.27%, which is better than Virinchi but worse than Atishay. Additionally, Kati patang Life, Odyssey Tech., and Icodex Publish have negative six-month returns.

How big is BITS?

As of 31st August, BITS Ltd has a market capitalization of 80.00 Cr, with recent net sales of 1.60 Cr and a net profit of 0.81 Cr. As of March 2025, shareholder's funds were 20.23 Cr and total assets were 20.83 Cr.

As of 31st August, BITS Ltd has a market capitalization of 80.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, BITS Ltd reported Net Sales of 1.60 Cr and a Net Profit of 0.81 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, where Shareholder's Funds amounted to 20.23 Cr and Total Assets were valued at 20.83 Cr.

Are BITS Ltd latest results good or bad?

BITS Ltd.'s latest results show strong year-on-year sales growth of 41.94%, but a 25% decline in net profit and sharply reduced operating margins indicate operational challenges, leading to a "STRONG SELL" rating for the stock.

BITS Ltd.'s latest results present a mixed picture. On one hand, the company reported a year-on-year increase in net sales of 41.94%, reaching ₹0.44 crores, which is a positive sign of growth. However, on a sequential basis, net sales only increased by 2.33%, indicating a slowdown compared to previous quarters.<BR><BR>The consolidated net profit for Q1 FY27 was ₹0.18 crores, which reflects a significant decline of 25% compared to the previous quarter. Despite this, the profit has doubled year-on-year from ₹0.09 crores in Q1 FY26, showcasing some operational improvement over a longer timeframe.<BR><BR>Operating margins have also compressed sharply, dropping to 47.73% from 62.79% in the previous quarter, which raises concerns about the company's operational efficiency. Additionally, the return on equity (ROE) remains low at 3.44%, indicating weak capital efficiency.<BR><BR>Overall, while there are some positive year-on-year growth metrics, the sequential declines in profit and margins, combined with high valuation multiples and bearish technical trends, suggest that the results are not favorable. Investors may view the current financial performance with skepticism, leading to a "STRONG SELL" rating for the stock.

Should I buy, sell or hold BITS Ltd?

When is the next results date for BITS Ltd?

The next results date for BITS Ltd is 24 July 2026.

The next results date for BITS Ltd is scheduled for 24 July 2026.

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.

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.

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.

Has BITS declared dividend?

No Dividend History Available