Page 9 - Bata India

Better operational show, margin gains ahead for Bata

The Bata stock is down four per cent over two days after the company posted lower-than-expected revenues in the September quarter. While the coming quarters are expected to be better, the high valuations has meant that many brokerages are cautious about buying the stock at current prices.The company's top line performance registered a muted 0.5 per cent growth to Rs 589 crore in the September quarter, versus expectations of Rs 630 crore. On a sequential basis, revenues fell by over 20 per cent. The fall in top-line was on account of lower sales (down 12 per cent) to the wholesale channel due to the goods and services tax (GST). The management, however expects sales to recover with overall same store sales growth pegged at about 6 per cent.While revenues were sub-par, operating performance came in better than estimates. The operating profit increased by 13 per cent year-on-year to Rs 64.5 crore, with operating profit margin improving by 120 basis points to 11 per cent on the back of ...

Bata India hits 52-week high on healthy Q1 results

The stock hit a 52-week high of Rs 611, up 5% on BSE in early morning trade

Bata board to decide over land in closed Faridabad unit

The company has to shed Rs 21.6 crore as compensation to workers

Bata India eyes 35% revenue contribution from women's footwear

Bata India, which has been lagging behind the unorganised shoemakers in terms of women's footwear, is eying to achieve a revenue contribution of 35 per cent from its range of women's footwear from the current contribution of 26 per cent."In the organised footwear segment globally, women's category dominates the portfolio of any company, but it's not the same for us in India. Revenue contribution from sales of women's footwear is just 26 per cent and we are trying to increase it to 35 per cent", the company's chairman, Uday Khanna said here on the sidelines of the company's annual general meeting.The men's footwear category contributed 50 per cent of the company's Rs. 2544 crore topline, while childern's footwear contributed 15 per cent and accessories accounted for an estimated Rs. 127 crore (five per cent) revenue.The company, besides introducing more designs and in-shop experience to attract sales of women's footwear, is also betting on an aggressive advertising campaign to push up .

Bata to focus on small markets, to increase e-commerce presence

The footwear major plans to add 100 new retail stores, 50 new franchise stores in FY18

Bata pitches a new image, runs into a sticky spot

The footwear brand runs into controversy over its new campaign. Will this help or dent its image?

Bata fights to stay young and relevant

The Swiss shoemaker focuses on new designs & expands its line-up with changing customer preferences

Bata Q2 net down 36.35% at Rs 34.59 crore

Company had posted a net profit of Rs 54.35 crore in the year-ago period

Bata India shifts gears to rural market

Plans to roll out a franchisee model for expanding footprints in tier III and tier IV cities

Ramping up existing biz priority for Bata, not store opening

Bata India would promote expansion of stores in franchisee model which was experimented with 30 stores in some states

Bata India shares slump 6% on flat Q1 profit

At NSE, shares of the company plunged 5.92 per cent to Rs 520.35

Bata India Q1 profit flat at Rs 50.49 crore

The shares of company settled at Rs 553.20 on BSE, down 4.60% from the previous close

E-commerce squeezes Bata India's margin

According to the report, Bata has lost out to foreign footwear brands as they "continue to reap benefits of disintermediation"