AI Summary
✦ ClarthaBata India is a footwear and accessories manufacturer, retailer, and wholesaler operating across India and internationally. Men’s, women’s, and kids’ footwear drive core sales, while apparel and bags provide adjacent revenue. Its retail and wholesale network remains central to distribution. The scheduled Q1 earnings call on August 13 may clarify whether limited 0.8% revenue growth reflects weak demand or temporary execution issues. Stable margins contrast with a 59.4% profit decline, indicating earnings pressure despite operating-cost control. ROE is only 8.5%, while debt-to-equity of 86.9x implies leverage materially magnifies returns and financial risk. At 68.9x earnings, Bata trades at a substantial premium to its low-growth profile and declining profits. Valuation therefore appears rich, with the key open question being whether growth can recover without further balance-sheet pressure.
Price Forecast
Probabilistic Range
Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.
Revenue Forecast
₹ CrEPS Forecast
₹ / shareMulti-factor synthesis of 5 key dimensions
From 16 analysts
Fundamentals
Fundamentals institutional score is 24 using EVA spread proxy -3.5%; growth durability 19.2.
Valuation
Valuation institutional score is 99 using relative multiple z-scores where peer dispersion is available.
Analyst Consensus
Analyst View institutional score is 25 using mean target upside 1.7%; dispersion penalty 18.5; recommendation breadth from available consensus.
Technical Structure
Technicals institutional score is 60 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.
Market Sentiment
Recent news flow is balanced or not decisive enough to tilt the tape. Based on 1 recent ticker-linked news items.
Signal Summary
Market intelligence remains Mixed. valuation provide support, while fundamentals and analyst consensus remain considerations.
Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.
Key Data Points
Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.
Valuation Metrics
Trading 43.8% below historical median. Valuation is declining — currently in the strongly undervalued zone (z-score: -1.71). Confidence: 76%.
Live forward EPS implies next-12-month EPS of ₹21.31. Applying the stock's normalized valuation corridor produces a fair range of ₹2,101.17 to ₹2,892.62, with base value near ₹2,612.61 (+266.5% vs current price).
Live forward estimate anchored to the company's historical valuation corridor.
Forward EPS
₹21.31
Forward P/E
33.5x
Base Fair Value
₹2,612.61
Fair Range
₹2,101.17 - ₹2,892.62
Upside To Base
+266.5%
Estimate Source
Live forward EPS
Growth Estimate
-95.3%
5Y Average
132.46
Current
68.94
Overvalued
135.74
Undervalued
98.60
5Y Average
43.54
Current
22.66
Overvalued
51.94
Undervalued
37.90
5Y Average
5.01
Current
2.61
Overvalued
5.97
Undervalued
4.36
Peers & Comparison
Sector: Consumer Discretionary · Theme: Footwear
| Company | Rev. Growth | Margin | P/E | vs Avg | 52W Perf. |
|---|---|---|---|---|---|
EXIDE INDUSTRIES LTD EXIDEINDBatteries | +17.7% | 4.9% | 44.2x Fair | +7% vs avg | +29.7% |
AARTI INDUSTRIES LTD AARTIINDSpecialty Chemicals | +42.5% | 5.9% | 34.3x Undervalued | -17% vs avg | +33.9% |
ATUL LTD ATULDiversified Chemicals | +25.0% | 12.0% | 25.4x Undervalued | -38% vs avg | +2.4% |
ASTRAL LIMITED ASTRALBuilding Products - Pipes | +24.2% | 8.2% | 72.1x Premium | +75% vs avg | +4.5% |
CONTAINER CORP OF IND LTD CONCORLogistics | +0.3% | 13.7% | 30.7x Undervalued | -26% vs avg | -7.4% |
BATA INDIA LTD trades at a premium (68.2x vs peer avg 41.3x), implying higher growth or quality expectations from the Footwear cohort. Peers include EXIDE INDUSTRIES LTD, AARTI INDUSTRIES LTD, ATUL LTD — selected based on business model, industry classification, market cap similarity, and business theme alignment.
Financials
Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.
Latest revenue
₹828 CrMar 2026Latest net profit
₹2.07 CrMar 2026Latest EPS
₹0.16Mar 2026Net margin
18.2%Mar 2026Performance
Bars show revenue and net profit. The line shows net margin.
- Revenue
- Net income
- Net margin %
Earnings
Revenue is shown in crores. EPS is rupees per share.
- Revenue
- EPS
Revenue to profit conversion
Bridge from operating numbers to profit for the latest reported period.
Latest reported period: Mar 2026
Debt level and coverage
Debt, cash and free cash flow compared on the same crore scale.
- Debt
- Free cash flow
- Cash & equivalents
Results
| Metric | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 778.59 | 958.15 | 819.12 | 903.47 | 797.67 | 944.63 | 837.14 | 918.48 | 787.77 | 941.84 | 801.33 | 944.68 | 827.63 |
| Expenses + | 599.34 | 717.79 | 637.14 | 721.72 | 618.29 | 759.80 | 662.66 | 719.44 | 612.41 | 743.25 | 656.40 | 732.65 | 676.86 |
| Operating Profit | 179.25 | 240.36 | 181.98 | 181.75 | 179.38 | 184.83 | 174.48 | 199.04 | 175.36 | 198.59 | 144.93 | 212.03 | 150.77 |
| OPM % | 23.02% | 25.09% | 22.22% | 20.12% | 22.49% | 19.57% | 20.84% | 21.67% | 22.26% | 21.09% | 18.09% | 22.44% | 18.22% |
| Other Income + | 12.61 | 13.22 | -25.45 | 10.79 | 22.01 | 150.45 | 17.63 | -1.06 | 22.62 | 12.08 | 12.98 | 13.00 | -8.54 |
| Interest | 27.21 | 28.14 | 28.39 | 29.34 | 30.92 | 30.77 | 31.79 | 31.11 | 34.76 | 34.87 | 33.83 | 32.29 | 33.63 |
| Depreciation | 76.47 | 80.96 | 81.58 | 85.88 | 90.19 | 87.13 | 90.21 | 90.15 | 103.70 | 106.09 | 104.97 | 104.00 | 105.00 |
| Profit before tax | 88.18 | 144.48 | 46.56 | 77.32 | 80.28 | 217.38 | 70.11 | 76.72 | 59.52 | 69.71 | 19.11 | 88.74 | 3.60 |
| Tax % | 25.66% | 25.35% | 25.92% | 25.88% | 24.90% | 19.79% | 25.32% | 24.19% | 26.83% | 25.85% | 27.94% | 25.60% | 42.78% |
| Net Profit + | 65.56 | 107.84 | 34.49 | 57.31 | 60.29 | 174.37 | 52.36 | 58.17 | 43.55 | 51.70 | 13.76 | 66.03 | 2.07 |
| EPS in Rs | 5.10 | 8.39 | 2.68 | 4.46 | 4.69 | 13.57 | 4.07 | 4.53 | 3.39 | 4.02 | 1.07 | 5.14 | 0.16 |
| Raw PDF |
All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).
Events Timeline
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation