Bata India is the largest manufacturer and retailer of footwear in India. The key marketing strategy that Bata India has used to grow is digital marketing. The innovation of the company lies in making comfortable footwear for everyday use - something that most Indians look for in affordable, yet stylish, footwear.
The investment rating of Bata is on the positive side. The company has been rated as an AA+ company (ICRA). This represents the belief that the company can continue using its strong brand as leverage and maintain a healthy amount of liquidity.
The long-term outlook for Bata stocks is promising as the company continues to grow with new marketing campaigns and fresh strategies for growth. The earnings of Bata India are estimated to grow at a rate that is faster than the market. High Growth Earnings are predicted to be at approximately 19% per year. Over the next three years, the company will probably see significant growth.
The profitability of Bata stocks has evolved positively over time, with a gradual growth and Bata’s forecast trending in the upward direction. For the quarter which ended December 2022, the footwear giant recorded a net profit of Rs. 83 crore, and a substantial rise from the previous year’s profit. This has largely come about due to the expansion efforts of the management of Bata India.
The debt-to-equity ratio of Bata India stocks is at 0%.
The EBITDA margin of Bata India is 23.74 which translates to the fact that the company’s operating costs may be lower than its total revenue (Quarter ending December 2022). The margin has risen by an impressive 34.91%.
Bata India’s share price movement is currently stable. It positive movement will determined by the company’s market share capture, innovation, and economies of scale. Growth prospects appear bright the longer term.