Bata India Limited is the largest retailer and leading manufacturer of footwear in India and is a part of the Bata shoe organization. The company also was known as the Bata shoe organization is a Canadian owned multinational footwear and fashion accessory manufacturer and retailer based in Lausanne, Switzerland. Bata India limited consists three business units includes Bata, Bata industries and AW lab. The company has a retail presence of over 5,300 shops in more than 70 countries and production facilities in 18 countries. This content is going to cover the Bata India Share Price, as well as Bata India, share price news.
About the company –
Bata India Limited has been holding a unique place in the hearts of Indians for more than 80 years. This company has redefined the modern footwear industry in India. Bata India Limited has established a leadership position in the industry and is the most trusted name in branded footwear. This company is the largest footwear retailer in India, enjoying a large market share in the organized sector. Bata retail through over 1,350 Bata Shoe Stores located in over 500 cities and occupies more than 2 Mn. sq.ft. of retail space across India. This company is a subsidiary of the Bata Shoe Organisation (BSO). Bata India Limited has been at the forefront of innovation not only in the production and design of new styles. But in the creation of business models of this company that permit a quick response to the ever-changing wants and needs of their customers. Bata India Limited enjoys a long history as a leading manufacturer and retailer of quality footwear, and proudly serves some one million customers each day. In this company with more than 30,000 employees, 5,000 international retail stores, and a presence in over 70 countries. Bata India Limited is positioned to deliver an unparalleled combination of selection, quality, and service to customers around the globe.
Company summary –
Bata India Limited was incorporated as Bata Shoe Company Private Limited in 1931. This company was set up initially as a small operation in Konnagar (near Calcutta) in 1932. This foundation stone for the first building of Bata’s operation – now called the Bata, in January 1934. In the years that followed, the overall site was doubled in the area of this company. This township is popularly known as Batanagar. Bata India Limited was also the first manufacturing facility in the Indian shoe industry to receive the ISO: 9001 certifications. This company is in the Leather Products sector. The current market capitalization stands at Rs 14,090.47 crore of this company.
Bata India Limited’s Registered office is at 27B, Camac Street, 1st Floor, Kolkata, West Bengal – 700016.
Their Registrars are R u0026amp; D Infotech Pvt.Ltd. 1st floor, 7A, Batala Road,
LANDMARK; Near Bownipore Police,
Metro Link: Jatin Das Park Station, Kolkata – 700026,
Now, have a look at the Bata India Share Price graph.
Bata India Share Price Graph
Company financials :
After Bata India Share Price graph, let’s focus on the company financials. During the financial year ended March 31, 2018, Bata India Limited recorded a turnover of Rs. 26363.18 Million
as compared to recorded the previous financial year ended March 31, 2017, the turnover of Rs. 24972.41 Million. The year ended March 31, 2018, Revenue from operations has increased by 6% over the corresponding period last year. The numbers are however not comparable consequent to implementation of Goods and Services Tax (GST). The Net Profit of this company for the financial year ended March 31, 2018, stood at Rs. 2235.78 Million as against the Net Profit of Rs.1587.48 Million for the financial year ended March 31, 2017. Accordingly, the Profit before Exceptional Items and Tax for the financial year ended March 31, 2018, reflects a growth of 33% over the corresponding Profit for the financial year ended March 31, 2017. This company recorded a turnover of Rs. 26412.16 Million during the financial year ended March 31, 2018, and achieved consolidated Net Profit of Rs. 2205.13 Million.
A company’s shareholding pattern is important to recognize a company’s strength and weakness. Generally, there are two types of shareholders, the public and the promoters. The company’s promoter shareholding amount is 52.96 (Sept 18 consolidated statement) and the public shareholding amount is 47.04.
The Board of Directors of the company :
- Uday Khanna is the Chairman and Independent Director of the company.
- Rajeev Gopalakrishnan is the Managing Director of this company.
- Sandeep Kataria is the Whole Time Director and CEO of the company.
- Christopher Kirk is the Non-Executive Director of this company.
- Shaibal Sinha is the Non-Executive Director of the company.
- Ram Kumar Gupta is the Finance Director and CFO of this company.
- Ravi Dhariwal is the Independent Director of this company.
- Akshay Chudasama is one of the Independent Director of this company.
- Anjali Bansal is another Independent Director of this company.
- Ashok Kumar Barat is an Independent Director of this company.
News of the company :
In the dated December 24, 2018, Bata India Ltd has informed BSE regarding Loss of Share Certificate / Issue of Duplicate Share Certificate. Domestic benchmark index NSE Nifty was trading 31.60 points up at 10,940.3 while the BSE Sensex was trading 67.79 points up at 36,414.87, in 19th December 2018. In the dated December 11, 2018, Nifty50 index has negated the formation of lower highs of last five sessions and sell Bata India Ltd at a price target of Rs. 965.0 and a stop loss at Rs. 1041 from the entry point.
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