Latest news with #BataIndia
Yahoo
2 days ago
- Business
- Yahoo
Bata India Ltd (BOM:500043) Q4 2025 Earnings Call Highlights: Navigating Revenue Challenges ...
Revenue from Operations: INR 788 crores, a decline of about 1.2% compared to the previous year, same quarter. Gross Margin: INR 455 crores, with an erosion of about 230 basis points versus the last year, same quarter. EBITDA Margin: 25.5%, a decrease of about 14 basis points compared to last year. Tax Expense: INR 46 crores, a decline of about 215 basis points versus last year, same quarter. Store Expansion: Increased to about 146 stores from less than 40 in the previous quarter. Inventory Reduction: Overall inventory dropped by 16%, with aged inventory reduced by 30-35%. Franchise Stores: Standard at about 625 stores. Retail Outlets Expansion: Key retail outlets expanded to almost 1,400 outlets. Warning! GuruFocus has detected 3 Warning Signs with CRLBF. Release Date: June 02, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Bata India Ltd (BOM:500043) has significantly expanded its store network from less than 40 to 146 stores, indicating robust growth and market penetration. The company has successfully reduced inventory by 25% and improved size set availability by 300 basis points, enhancing customer satisfaction. The introduction of new collections like Power Move+ and Floatz has driven volume growth, with Floatz achieving a growth rate of over 40% and doubling in size over two years. Bata India Ltd (BOM:500043) has improved retrieval time for customers to less than 1 minute and 45 seconds, enhancing the shopping experience. The company is focusing on premiumization with successful launches like the Stamina+ collection and Hush Puppies expansion, which are expected to unlock future revenue. Bata India Ltd (BOM:500043) reported a revenue decline of 1.2% compared to the previous year, indicating challenges in maintaining sales growth. The gross margin eroded by 230 basis points, partly due to increased franchising operations and value proposition adjustments. The EBITDA margin decreased by 14 basis points, with changes in accounting for licensed brands affecting comparability. Muted demand conditions have impacted overall revenue performance, with the company acknowledging tight market conditions. The company faces challenges in achieving desired revenue growth from lower price point products, despite some volume growth. Q: Can you explain the factors contributing to the gross margin contraction this quarter? A: Amit Aggarwal, CFO, explained that the mix of franchise and e-commerce operations impacts gross margins. Additionally, efforts to provide value propositions and reset costs for key products have contributed to the contraction. Q: What is the channel mix in terms of revenue for this year? A: Amit Aggarwal stated that retail accounts for about 70% of revenue, franchise at 7.5%, e-commerce at 10%, and R&D at 12-13%. Q: How should we think about store addition momentum going forward? A: Gunjan Shah, CEO, mentioned that store additions should be higher next year, maintaining an 80/20 ratio between franchise and COCO models. Q: Can you elaborate on the lower other expenses this quarter? A: Amit Aggarwal explained that a change in the construct of a licensed brand led to the creation of an intangible asset, affecting depreciation and finance costs. This will be recurring for the next three quarters. Q: What are the opportunities arising from the implementation of BIS standards? A: Gunjan Shah noted that Bata India is 100% localized, with BIS standards eliminating less than 5% of imports. This presents an export opportunity for Bata globally. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
Business Standard
6 days ago
- Business
- Business Standard
Bata India slips as Q4 PAT drops 28% YoY to Rs 46 cr
Bata India fell 1.03% to Rs 1,262.45 after the company reported a 27.86% decline in consolidated net profit to Rs 45.92 crore, while revenue from operations decreased by 1.21% to Rs 788.21 crore in Q4 March 2025 over Q4 March 2024. Profit before tax (PBT) stood at Rs 62.18 crore in Q4 FY25, reflecting a 25.02% decline year-on-year and a 19.57% decrease quarter-on-quarter. Bata India reported an operating profit of Rs 37.41 crore for Q4 FY25, a decline from Rs 58.26 crore in Q4 FY24. Despite ongoing market headwinds, the company posted volume-led growth for the second consecutive quarter, fueled by strong performance in its franchise and e-commerce channels. The company continued its retail expansion, bringing the total number of company-owned and franchise stores to 1,962, with a strong focus on scaling the franchise model. Inventory management remained a top priority, with efforts aimed at enhancing both the quantity and quality of stock. To improve operational efficiency, Bata implemented initiatives to boost stock turnover and forecasting accuracy. As a result, the company successfully reduced its gross inventory by 15%, bringing it down to Rs 815.06 crore as of 31 March 2025. The companys net profit declined 21.77%, while net sales dropped 14.21% in Q4 FY25 compared to Q3 FY25. For the full year FY25, revenue from operations rose 0.29% to Rs 3,488.79 crore, while net profit jumped 25.96% to Rs 330.66 crore. Gunjan Shah, MD and CEO, Bata India, stated, Despite navigating through the demand headwinds persisting during the quarter, we managed to gain volumes in line with our strategy of driving volume-led growth. We continue to drive affordability and reduce complexity across categories. Our initiatives on inventory, merchandising, and decluttering worked well, and all key inventory metrics improved. We added 19 Franchise Stores in the quarter, driven by franchise model focused on town expansion/semi-urban markets Along with cautious control on costs and focus on efficiency and productivity, we continued to manage our inventory while having strong deployment of fresh merchandise in anticipation of demand revival and consumption uptick." Meanwhile, the board recommended a final dividend of Rs 9 per share, subject to shareholder approval, in addition to the interim dividend of Rs 10 per share paid in September 2024, bringing the total dividend for FY25 to Rs 244.2 crore. Additionally, the zero-base merchandising project was scaled up to 146 stores, continuing to deliver positive outcomes in terms of consumer experience and revenue per square foot. Bata India is the largest retailer and manufacturer of footwear in the country. The company is engaged in the business of manufacturing and trading footwear and accessories through their retail and wholesale network. Their products include leather footwear, rubber/canvas footwear, and plastic footwear.
News18
7 days ago
- Business
- News18
Dividend Stocks: SAIL, IRCTC, Bata, Cummins Among Several Shares Announced Final Payout For FY25
Last Updated: SAIL, IRCTC, Cummins India, and Bata India announced interim or final dividends with their Q4 FY25 results, pending shareholder approval at upcoming AGMs. Dividend Stocks: Steel Authority of India Limited (SAIL), IRCTC, Cummins India, Bata India, among several companies have announced either interim or final dividends along with their Q4 FY25 results. Check record or payment dates for these announced dividends. SAIL Final Dividend 2025 Steel Authority of India Limited (SAIL) plans to give a final dividend of Rs 1.60 per equity share for the fiscal year 2024-2025, equating to 16% of the paid-up equity share capital. This will be disbursed within 30 days after receiving shareholder approval at the next AGM. SAIL will notify the record date in due time. Cummins India Final Dividend 2025 Cummins India Limited has announced a final dividend of Rs 33.50 per equity share for the fiscal year 2024-2025, pending approval at the AGM. This comes after the interim dividend of Rs 18 per equity share declared in February 2025. The final dividend is expected to be paid around September 2025. Bata India Final Dividend 2025 Bata India, during its recent meeting, recommended a final dividend of Rs 9 per equity share for the fiscal year ending March 31, 2025, subject to AGM approval. This is in addition to the interim dividend of Rs 10 per equity share, announced in August 2024 and paid in September. If approved, the final dividend will be distributed starting August 25. Deepak Nitrite Final Dividend 2025 IRCTC Final Dividend 2025 Indian Railway Catering and Tourism Corporation Ltd (IRCTC) has proposed a final dividend of Rs 1 per equity share for the fiscal year 2024-2025, with a face value of Rs 2 each, representing 50% of the paid-up share capital. This proposal is subject to shareholder approval at the upcoming Annual General Meeting (AGM). This final dividend is in addition to the interim dividends already paid out: Rs 4 per share in November 2024 and Rs 2 per share in March 2025. HeidelbergCement India Dividend 2025 HeidelbergCement India Ltd's board has recommended a 70% dividend of Rs 7 per equity share for the fiscal year ending March 31, 2025, subject to shareholder approval at the next AGM. The 66th AGM will be held on September 24, 2025, with September 17, 2025, designated as the record date for determining eligible members for the dividend. Disclaimer: The views and investment tips by experts in this report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions.
Business Standard
7 days ago
- Business
- Business Standard
Bata India consolidated net profit declines 27.86% in the March 2025 quarter
Sales decline 1.21% to Rs 788.21 crore Net profit of Bata India declined 27.86% to Rs 45.92 crore in the quarter ended March 2025 as against Rs 63.65 crore during the previous quarter ended March 2024. Sales declined 1.21% to Rs 788.21 crore in the quarter ended March 2025 as against Rs 797.87 crore during the previous quarter ended March 2024. For the full year,net profit rose 25.96% to Rs 330.66 crore in the year ended March 2025 as against Rs 262.51 crore during the previous year ended March 2024. Sales rose 0.29% to Rs 3488.79 crore in the year ended March 2025 as against Rs 3478.61 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 788.21797.87 -1 3488.793478.61 0 OPM % 22.6322.85 - 21.1422.59 - PBDT 165.88173.22 -4 674.51730.61 -8 PBT 62.1882.93 -25 303.21391.53 -23 NP 45.9263.65 -28 330.66262.51 26
Time of India
28-05-2025
- Business
- Time of India
Bata India Q4 profit falls 36% to Rs 37 cr
New Delhi: Footwear major Bata India on Wednesday said its operating profit declined 36 per cent to Rs 37 crore in the fourth quarter ended March 31, 2025. The company reported an operating profit of Rs 58 crore for the January-March period of 2023-24 fiscal. Revenue from operations in the quarter stood at Rs 788 crore as compared with Rs 798 crore in the year-ago period, Bata India said in a regulatory filing. "Despite navigating through the demand headwinds persisting during the quarter, we managed to gain volumes and in line with our strategy of driving volume led growth," Bata India MD and CEO Gunjan Shah stated. The company continues to drive affordability and reducing complexity across categories, he added. The company said its board has recommended a final dividend of Rs 9 per share, in addition to the interim dividend of Rs 10 per share, already paid in September 2024. Total dividend for 2024-25 accounted for an outgo of Rs 244 crore, it added. Bata India shares on Wednesday ended 0.29 per cent down at Rs 1,275.60 apiece on BSE.>
