# Bata India (BATAINDIA) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/bataindia

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹637.7
- Change: +0.01%
- As of: 2026-11-06
- 1D return: +0.01%
- 5D return: +1.49%
- 1M return: +5.69%
- Latest complete quarter: fy27_q2

## Faxioms Analysis

_As of 2026-11-06_

### Technical Outlook

BATAINDIA (₹637.65) exhibits a sharp but weak daily rebound against a dominant monthly bearish trend. On 2026-11-05, the stock opened with an upward gap (+0.7%), following an extreme downward gap on 2026-11-04 (-2.6%). While price sits above the daily 20-period EMA and Supertrend, it remains below key longer-term averages (50-day EMA/SMA, 200-day SMA), indicating limited structural strength. Daily trend conviction is weak (ADX 17.5), whereas the monthly ADX (56.42) confirms strong downward momentum. The stock trades near the lower end of its 252-day range (+7.6%) and has suffered a current drawdown of -56.3%. Participation remains modest, with turnover at ₹8.89 crore and ~1.09 lakh trades on the latest session.

- Trend Conflict: Daily price is above short-term EMAs and Supertrend, but weekly and monthly structures remain firmly bearish with price below all major moving averages.
- Momentum & Volatility: Daily ADX is low (17.5), suggesting weak trend conviction despite recent gaps; monthly ADX is high (56.42), reflecting persistent selling pressure.
- Key Levels: Immediate resistance at ₹644.42 (+1.06%); support at ₹628.78 (-1.39%). A break below ₹628.78 could test further support at ₹623.74.
- Risk Context: Stock is down -40.2% over one year and -32.6% YTD, trading 56.3% below its available high, with annualized volatility at +30.1%.

- Hammer
- Inside Bar
- Harami
- Doji
- Outside Bar

### News Context

Bata India’s Q2 FY27 results present a divergence between top-line growth and profitability metrics, alongside mixed analyst sentiment. The company reported revenue of ₹861.8 crore (up 7.5% YoY) and adjusted profit before tax of ₹36 crore (up 31.4% YoY), driven by a 2.6-fold expansion in retail outlets and improved inventory management that boosted full-price sales to 86%. However, Citi cut its price target to ₹550 with a 'Sell' recommendation, citing weak underlying margins where pre-Ind AS 116 EBITDA contracted to 6% in H1 FY27 and adjusted net profit missed estimates by 65%. The brokerage also lowered FY27 and FY28 EPS estimates by 17%, warning of further valuation de-rating despite Bata's expectation that festive demand may shift to December.

- {'date': '2026-11-03', 'point': 'Operational efficiency drove profit growth: Adjusted PBT surged 31.4% YoY to ₹36 crore on ₹861.8 crore revenue (+7.5%), supported by expanded distribution and 86% full-price sales.'}
- {'date': '2026-11-04', 'point': 'Margin pressure noted: Pre-Ind AS 116 EBITDA margins contracted to 6% in H1 FY27, and adjusted net profit missed consensus estimates by 65%.'}
- {'date': '2026-11-04', 'point': "Analyst downgrade: Citi cut its price target to ₹550 (maintaining 'Sell'), reduced FY27/FY28 EPS estimates by 17%, and warned of valuation de-rating due to sustained margin and growth pressures."}

- [Bata India shares fall after Citi cuts target post weak Q2, warns of further valuation de-rating](https://www.cnbctv18.com/market/bata-india-share-price-falls-citi-cuts-target-weak-q2-results-warns-of-further-valuation-de-rating-20026794.htm)
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- [Bata puts its best foot forward on profits as inventory shrinks, distribution expands](https://economictimes.indiatimes.com/industry/services/retail/bata-puts-its-best-foot-forward-on-profits-as-inventory-shrinks-distribution-expands/articleshow/135508488.cms)

### Official Filings

Bata India Limited reported its Unaudited Financial Results for the quarter and half year ended September 30, 2026 (Q2 FY27), approved by the Board on November 3, 2026. The company recorded consolidated revenue from operations of Rs. 8,617.82 million, a 7.5% increase from Rs. 8,013.34 million in Q2 FY26. Profit after tax rose to Rs. 181.19 million from Rs. 138.95 million in the prior year period. However, results were impacted by one-off non-cash foreign exchange losses of Rs. 29.98 million due to USD/INR volatility related to license rights liabilities, alongside asset write-offs of Rs. 39 million. Adjusted metrics showed stronger performance, with adjusted PBT rising to INR 360 million from INR 274 million.

The Board declared an interim dividend of Rs. 25.00 per share (500% on a par value of Rs. 5/- each). Management noted that other income decreased by Rs. 46 million due to the distribution of a special dividend of Rs. 3,213 million. Additionally, Mr. Sanjay S. Rao assumed office as Managing Director and CEO on October 1, 2026, and Mr. Sachin Arora was appointed Head – Industrials effective November 3, 2026.

- Revenue grew 7.5% year-over-year to Rs. 8,617.82 million, while reported PAT increased to Rs. 181.19 million from Rs. 138.95 million.
- One-off forex losses of Rs. 29.98 million and asset write-offs of Rs. 39 million impacted reported profitability; adjusted PBT improved to INR 360 million.
- An interim dividend of Rs. 25.00 per share was declared, following a special dividend distribution of Rs. 3,213 million that reduced other income.
- Leadership changes include Mr. Sanjay S. Rao taking over as MD & CEO on October 1, 2026, and Mr. Sachin Arora joining as Head – Industrials on November 3, 2026.

- [Pursuant to Regulations 30 and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Bata India Limited has informed about the Newspaper Publications |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/BATAINDIA_04112026155638_SE_Letter_Newspaper_Publications_04112026_Signed.pdf)
- [Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Bata India Limited has informed about Audio Recording of Post Earnings Call |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/BATAINDIA_04112026194229_SE_Letter_Earnings_Call_Outcome_Signed.pdf)
- [BATA INDIA LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_254_WebXMLFile_20261104_194828597.xml)
- [BATA INDIA LIMITED has informed the Exchange about Audio Recording/Video Recording |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_254_WebXMLFile_20261104_194828597.xml)
- [Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Bata India Limited has informed about change in SMP |SUBJECT: Appointment](https://nsearchives.nseindia.com/corporate/BATAINDIA_03112026133021_Change_in_SMP_SE_Intimation_Signed.pdf)
- [BATA INDIA LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA](https://nsearchives.nseindia.com/corporate/xbrl/CIM_254_WebXMLFile_20261103_133820878.xml)
- [Pursuant to Regulations 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Bata India Limited has informed about Board Meeting Outcome for Declaration of Unaudited Financial Results for the Quarter and Half Year ended September 30, 2026 |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/BATAINDIA_03112026180005_BMOutcome_3112026_Signed.pdf)
- [Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Bata India Limited has informed about Press Release |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/BATAINDIA_03112026180741_SE_Resultspressrelease-Nov26_Signed.pdf)
- [Bata India Limited has informed the Exchange about Investor Presentation |SUBJECT: Investor Presentation](https://nsearchives.nseindia.com/corporate/BATAINDIA_03112026184300_SE_Letter_Investor_Presentation_Signed.pdf)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1752308_03112026093720_WEB.xml)

### Fundamentals

Bata India’s operating trajectory shows a divergence between top-line recovery and bottom-line compression. For Q2 FY2026-27, revenue from operations rose to ₹862 crore, an 8% year-on-year increase, yet net profit fell sharply to ₹18.1 crore from ₹64 crore in Q1, driven by a sequential drop in Profit Before Exceptional Items And Tax to ₹24.7 crore. This indicates margin pressure despite sales growth. Earnings quality remains robust, with Cash Flow from Operations at ₹595 crore for the full year ended March 2026, significantly exceeding the Net Profit of ₹134 crore for that period. Balance sheet health is characterized by deleveraging; borrowings decreased to ₹1,385 crore as of September 2026, while cash reserves tightened to ₹4.28 crore. Inventory management has improved, with inventory days falling to 164 days by March 2026, though working capital efficiency remains constrained by high debtor days (19 days). Return on Capital Employed declined to 13% in March 2026, reflecting lower profitability relative to capital base.

- Revenue Growth vs. Profit Compression: Q2 FY2026-27 sales grew 8% YoY to ₹862 crore, but Net Profit dropped 72% sequentially to ₹18.1 crore, signaling significant margin erosion.
- Strong Cash Generation: Full-year CFO (Mar 2026) stood at ₹595 crore against a Net Profit of ₹134 crore, indicating high earnings conversion quality.
- Debt Reduction: Borrowings declined steadily to ₹1,385 crore by Sep 2026 from ₹1,446 crore in Mar 2025, supporting financial stability.
- Liquidity Tightening: Cash and cash equivalents halved to ₹4.28 crore by Sep 2026, requiring monitoring of short-term liquidity needs.

### Bull Case

Bata India’s Q2 FY27 results highlight a structural improvement in profitability despite top-line headwinds. Adjusted profit before tax surged 31.4% YoY to ₹36 crore, significantly outpacing the 7.5% revenue growth of ₹861.8 crore. This leverage was driven by a 2.6-fold expansion in its key retail outlet network and tighter inventory management, which boosted full-price sales to 86%. The company is targeting over 5,000 key retail outlets by Q3 FY27 while scaling its omnichannel digital presence. While brokerages like Citi cite margin pressure and valuation risks, the operational efficiency gains and distribution scale-up provide a conditional upside case if the festive season demand shifts materialize as expected.

- Adjusted PBT rose 31.4% YoY to ₹36 crore in Q2 FY27, decoupling from the modest 7.5% revenue growth of ₹861.8 crore.
- Full-price sales reached 86%, supported by a 2.6-fold expansion in the key retail outlet network and improved inventory management.
- Management aims to expand the key retail outlet count to over 5,000 by Q3 FY27, alongside scaling omnichannel capabilities.

- [Bata India shares fall after Citi cuts target post weak Q2, warns of further valuation de-rating](https://www.cnbctv18.com/market/bata-india-share-price-falls-citi-cuts-target-weak-q2-results-warns-of-further-valuation-de-rating-20026794.htm)
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- [Bata puts its best foot forward on profits as inventory shrinks, distribution expands](https://economictimes.indiatimes.com/industry/services/retail/bata-puts-its-best-foot-forward-on-profits-as-inventory-shrinks-distribution-expands/articleshow/135508488.cms)
- [Pursuant to Regulations 30 and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Bata India Limited has informed about the Newspaper Publications |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/BATAINDIA_04112026155638_SE_Letter_Newspaper_Publications_04112026_Signed.pdf)
- [Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Bata India Limited has informed about Audio Recording of Post Earnings Call |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/BATAINDIA_04112026194229_SE_Letter_Earnings_Call_Outcome_Signed.pdf)
- [BATA INDIA LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_254_WebXMLFile_20261104_194828597.xml)
- [BATA INDIA LIMITED has informed the Exchange about Audio Recording/Video Recording |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_254_WebXMLFile_20261104_194828597.xml)
- [Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Bata India Limited has informed about change in SMP |SUBJECT: Appointment](https://nsearchives.nseindia.com/corporate/BATAINDIA_03112026133021_Change_in_SMP_SE_Intimation_Signed.pdf)

### Bear Case

Bata India faces significant headwinds as evidenced by a sharp decline in profitability and margin compression during Q2 FY27. Adjusted net profit missed estimates by 65%, while pre-Ind AS 116 EBITDA margins contracted to just 6% in the first half of the fiscal year. This operational weakness has triggered a negative analyst reaction, with Citi cutting its price target to ₹550 and maintaining a 'Sell' recommendation, warning of further valuation de-rating due to subdued growth. The market has reflected this pessimism, with the stock down 40.2% over the past year and currently trading at a -56.3% drawdown from its peak. Technical indicators reinforce the caution: the monthly and weekly trends are bearish, with the ADX on the monthly chart at 56.42 suggesting strong downward momentum. While the company reported a 31.4% rise in profit before tax driven by inventory management, the broader earnings miss and margin pressure highlight underlying fragility in sustaining growth despite revenue expansion.

- Q2 FY27 adjusted net profit missed estimates by 65% and pre-Ind AS 116 EBITDA margins contracted to 6%, signaling sustained pressure on underlying profitability.
- Citi lowered FY27 and FY28 EPS estimates by 17% and cut its price target to ₹550, citing weak results and potential for further valuation de-rating.
- The stock is in a prolonged downtrend, down 40.2% over one year and currently experiencing a -56.3% drawdown, with monthly technical indicators showing bearish momentum.
- Monthly ADX stands at 56.42, indicating strong directional movement consistent with the current bearish trend, while resistance levels remain close at approximately 1.06% above the current price.

- [Bata India shares fall after Citi cuts target post weak Q2, warns of further valuation de-rating](https://www.cnbctv18.com/market/bata-india-share-price-falls-citi-cuts-target-weak-q2-results-warns-of-further-valuation-de-rating-20026794.htm)
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- [Bata puts its best foot forward on profits as inventory shrinks, distribution expands](https://economictimes.indiatimes.com/industry/services/retail/bata-puts-its-best-foot-forward-on-profits-as-inventory-shrinks-distribution-expands/articleshow/135508488.cms)
- [Pursuant to Regulations 30 and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Bata India Limited has informed about the Newspaper Publications |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/BATAINDIA_04112026155638_SE_Letter_Newspaper_Publications_04112026_Signed.pdf)
- [Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Bata India Limited has informed about Audio Recording of Post Earnings Call |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/BATAINDIA_04112026194229_SE_Letter_Earnings_Call_Outcome_Signed.pdf)
- [BATA INDIA LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_254_WebXMLFile_20261104_194828597.xml)
- [BATA INDIA LIMITED has informed the Exchange about Audio Recording/Video Recording |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_254_WebXMLFile_20261104_194828597.xml)
- [Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Bata India Limited has informed about change in SMP |SUBJECT: Appointment](https://nsearchives.nseindia.com/corporate/BATAINDIA_03112026133021_Change_in_SMP_SE_Intimation_Signed.pdf)

### FAQs

**How did Bata India's profitability and dividend compare in Q2 FY27?**

For the quarter ended September 30, 2026, Bata India reported a 31.4% year-on-year surge in adjusted profit before tax to ₹36 crore, outpacing its 7.5% revenue growth of ₹861.8 crore. The Board declared an interim dividend of ₹25.00 per share (500% on par value). Consolidated net profit after tax was ₹637.93 million with an EPS of ₹4.96.

**Why did analyst sentiment turn negative despite strong quarterly results?**

Citi cut its price target to ₹550 and maintained a 'Sell' recommendation, citing weak underlying margins. Pre-Ind AS 116 EBITDA margins contracted to 6% in the first half of FY27. Consequently, the brokerage lowered FY27 and FY28 earnings per share estimates by 17%, warning of further valuation de-rating due to sustained margin pressure and subdued growth.

**What is the current technical trend for Bata India shares?**

As of November 5, 2026, the daily trend shows a Supertrend direction of 'bullish' with the stock closing at ₹637.65. However, the weekly and monthly trends are 'bearish'. The stock has experienced a significant decline, with a return since start of -54.4% and a current drawdown of -56.3%. Resistance is noted near ₹644.42.

- [Bata India shares fall after Citi cuts target post weak Q2, warns of further valuation de-rating](https://www.cnbctv18.com/market/bata-india-share-price-falls-citi-cuts-target-weak-q2-results-warns-of-further-valuation-de-rating-20026794.htm)
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- [Bata puts its best foot forward on profits as inventory shrinks, distribution expands](https://economictimes.indiatimes.com/industry/services/retail/bata-puts-its-best-foot-forward-on-profits-as-inventory-shrinks-distribution-expands/articleshow/135508488.cms)
- [Pursuant to Regulations 30 and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Bata India Limited has informed about the Newspaper Publications |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/BATAINDIA_04112026155638_SE_Letter_Newspaper_Publications_04112026_Signed.pdf)
- [Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Bata India Limited has informed about Audio Recording of Post Earnings Call |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/BATAINDIA_04112026194229_SE_Letter_Earnings_Call_Outcome_Signed.pdf)
- [BATA INDIA LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_254_WebXMLFile_20261104_194828597.xml)
- [BATA INDIA LIMITED has informed the Exchange about Audio Recording/Video Recording |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_254_WebXMLFile_20261104_194828597.xml)
- [Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Bata India Limited has informed about change in SMP |SUBJECT: Appointment](https://nsearchives.nseindia.com/corporate/BATAINDIA_03112026133021_Change_in_SMP_SE_Intimation_Signed.pdf)
## Technical analytics

- As of: 2026-11-06
- Daily trend: Weak Uptrend
- Weekly trend: Weak Downtrend
- Pivot point: ₹640.03
- Risk regime: Higher Price Risk

### Support levels
- 623.7375
- 604.2687500000001
- 632.6166666666666

### Resistance levels
- 687.303125
- 735.5
- 747.5

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +0.01% |
| return_10 | +0.61% |
| return_1m | +2.88% |
| return_1y | -39.31% |
| return_20 | +5.69% |
| return_3m | -12.42% |
| return_5 | +1.49% |
| return_6m | -12.04% |
| return_since_start | -54.35% |
| return_ytd | -32.64% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | high_risk |
| label | Higher price risk |
| summary | Recent drawdown or price variability is materially high and may lead to larger short-term outcomes. |
| maximum_drawdown | -58.70% |
| annualized_volatility | +30.07% |

## Quarterly financials

- Latest complete quarter: fy27_q2

# Bata India Limited Q2 FY2026-27: Profit down 72% sequentially

Bata India reported Q2 FY2026-27 revenue from operations of ₹862 crore, down 12% from the June quarter but up 8% year over year. Profit for the period fell 72% sequentially to ₹18 crore, while rising 30% from a year earlier; profit before tax was up 28% year over year.

## Revenue and expenses

Total income was ₹880 crore, compared with ₹997 crore in Q1 FY2026-27 and ₹823 crore in Q2 FY2025-26. Expenses declined 6% sequentially to ₹855 crore, a slower reduction than the 12% fall in total income. Other expenses were ₹213 crore, down 3% sequentially but up 13% year over year.

## Profit and earnings per share

Profit before tax was ₹24.7 crore, against ₹85.9 crore in Q1 FY2026-27 and ₹19.3 crore in Q2 FY2025-26. Profit for the period was ₹18.1 crore, compared with ₹64.0 crore and ₹13.9 crore, respectively. Tax expense was ₹6.6 crore, versus ₹21.9 crore in Q1. Basic and diluted EPS were both ₹1.41, down from ₹4.98 in Q1 and up from ₹1.08 a year earlier.

## Half-year cash flows and closing balances

For the half year ended 30 September 2026, operating cash flow was ₹268 crore, investing cash flow was ₹406 crore and financing cash flow was negative ₹679 crore. Reported free cash flow was ₹674 crore.

At 30 September 2026, total assets were ₹3,380 crore, compared with ₹3,691 crore at 30 September 2025 and ₹3,778 crore at 31 March 2026. Equity attributable to owners was ₹1,241 crore, versus ₹1,525 crore a year earlier. Inventory stood at ₹725 crore, down from ₹781 crore, while trade receivables rose to ₹229 crore from ₹163 crore. Cash and cash equivalents were ₹4.3 crore; other bank balances were ₹229 crore, compared with ₹535 crore a year earlier.

## Key Takeaway

Revenue and profit were lower than in Q1 FY2026-27, with expenses declining more slowly than income. Year over year, revenue, profit before tax and profit for the period increased, while the half-year cash-flow figures and lower bank balances add context to the closing financial position.

### Ratios

## Shareholding pattern

- Quarter: FY2027-Q2
- As of: 2026-09-30
- Promoter holding: +50.16%
- FII holding: +5.75%
- DII holding: +26.17%
- Mutual fund holding: +14.60%
- Retail holding: +14.65%
- Promoter pledged: +0.00%

### Major reported shareholders

- Bata (BN) B. V. — +50.16% (Bodies Corporate)
- Life Insurance Corporation Of India — +10.31%
- Mirae Asset Mutual Fund - through various schemes — +9.90%
- Nippon Life India Trustee Ltd - under various schemes — +1.57%
- Canara Robeco Mutual Fund - through various schemes — +1.36%

## Official filings

- 2026-11-04 — Generic Announcement: Bata India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BATAINDIA_04112026155638_SE_Letter_Newspaper_Publications_04112026_Signed.pdf)
- 2026-11-04 — Generic Announcement: Bata India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BATAINDIA_04112026194229_SE_Letter_Earnings_Call_Outcome_Signed.pdf)
- 2026-11-04 — Generic Announcement: Bata India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_254_WebXMLFile_20261104_194828597.xml)
- 2026-11-04 — Generic Announcement: Bata India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_254_WebXMLFile_20261104_194828597.xml)
- 2026-11-03 — Management Change: Bata India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BATAINDIA_03112026133021_Change_in_SMP_SE_Intimation_Signed.pdf)
- 2026-11-03 — Generic Announcement: Bata India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_254_WebXMLFile_20261103_133820878.xml)
- 2026-11-03 — Generic Announcement: Bata India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BATAINDIA_03112026180005_BMOutcome_3112026_Signed.pdf)
- 2026-11-03 — Press Release: Bata India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BATAINDIA_03112026180741_SE_Resultspressrelease-Nov26_Signed.pdf)
- 2026-11-03 — Earnings Presentation: Bata India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BATAINDIA_03112026184300_SE_Letter_Investor_Presentation_Signed.pdf)
- 2026-11-03 — Financial Results Filing: Bata India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1752308_03112026093720_WEB.xml)
- 2026-11-03 — Financial Results Filing: Bata India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1752307_03112026093625_WEB.xml)
- 2026-10-21 — Generic Announcement: Bata India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BATAINDIA_21102026162809_SE_Letter_Intimation_Signed.pdf)
- 2026-10-21 — Generic Announcement: Bata India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_254_WebXMLFile_20261021_164227600.xml)
- 2026-10-20 — Board Meeting Notice: Bata India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BATAINDIA_20102026154438_BM_Intimation_Signed.pdf)
- 2026-10-20 — Generic Announcement: Bata India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_254_WebXMLFile_20261020_155222514.xml)
- 2026-10-20 — Board Meeting Notice: Bata India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_254_WebXMLFile_20261020_155222514.xml)
- 2026-10-19 — Shareholding Disclosure: Bata India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1741313_19102026014658_WEB.xml)
- 2026-10-12 — Generic Announcement: Bata India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BATAINDIA_12102026152342_SE_Letter_Regulation_74_5__Signed.pdf)
- 2026-10-09 — Management Change: Bata India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BATAINDIA_09102026153457_Change_in_SMP_SE_Intimation_Signed.pdf)
- 2026-10-09 — Generic Announcement: Bata India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_254_WebXMLFile_20261009_154816433.xml)
- 2026-10-09 — Management Change: Bata India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BATAINDIA_ROID_100068_KMP_Doc.zip)
- 2026-09-30 — Generic Announcement: Bata India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BATAINDIA_30092026184213_SE_Letter_Change_in_Director_Signed.pdf)
- 2026-09-30 — Generic Announcement: Bata India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_254_WebXMLFile_20260930_184911714.xml)
- 2026-09-30 — Generic Announcement: Bata India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BATAINDIA_30092026190330_Intimation_under_Regulation_30_Signed.pdf)
- 2026-09-24 — Generic Announcement: Bata India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BATAINDIA_24092026193439_SE_Letter_Trading_Window_Closure_Signed.pdf)

## News and market events

- 2026-11-06 — Mint: **Who is Jasleen Kaur? Bata India's new Marketing Head is IIT Delhi graduate, Columbia alumna and published poet | Company Business News** — Bata India Limited has promoted Jasleen Kaur G to the position of Head of Marketing, a role she announced via LinkedIn. Kaur brings extensive experience from previous leadership positions at Reliance Brands and Benetton Group, where she managed marketing and public relations for various international brands across the Indian subcontinent. Her educational background includes an MBA from the Management Development Institute, management training from IIT Delhi, and executive education in sustainable development from Columbia University. — [Source](https://www.livemint.com/companies/people/who-is-jasleen-kaur-bata-india-new-marketing-head-is-iit-delhi-graduate-columbia-alumna-and-published-poet-11793950115350.html)
- 2026-11-04 — CNBC-TV18: **Bata India shares fall after Citi cuts target post weak Q2, warns of further valuation de-rating** — Bata India shares fell approximately 4% after Citi cut its price target to ₹550 and maintained a 'Sell' recommendation, citing weak Q2 FY27 results where EBITDA declined 1% YoY and adjusted net profit missed estimates by 65%. The brokerage warned of further valuation de-rating due to sustained pressure on underlying margins and subdued growth, noting that pre-Ind AS 116 EBITDA margins contracted to 6% in the first half of FY27. While Bata India expects festive-related business shifting to December to support future revenue, Citi lowered its FY27 and FY28 earnings per share estimates by 17%. — [Source](https://www.cnbctv18.com/market/bata-india-share-price-falls-citi-cuts-target-weak-q2-results-warns-of-further-valuation-de-rating-20026794.htm)
- 2026-11-04 — Economic Times: **Indian stocks poised to open lower as US midterm vote outcome looms** — Indian stocks are expected to open lower, reversing four days of gains, as investors await the outcome of US midterm elections that could influence energy prices and foreign investor activity. The Nifty 50 had recently reached two-month highs supported by strong corporate earnings and renewed foreign inflows, but geopolitical tensions over Brent crude oil continue to weigh on sentiment. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/indian-stocks-poised-to-open-lower-as-us-midterm-vote-outcome-looms/articleshow/135519825.cms)
- 2026-11-04 — Mint: **Top stocks to watch today:  BSE, Nykaa, NSE, SBI, IEX shares in focus on Wednesday, 4 Nov | Full list** — The Indian stock market is expected to open lower on November 4, breaking a four-session winning streak, as GIFT Nifty signals a weak start for domestic benchmarks. Several stocks including BSE, Nykaa, Lenskart, NSE, SBI, and IEX are in focus due to scheduled Q2FY27 earnings releases and operational updates. Key reported results include a 23% YoY rise in NSE's PAT, a 14% growth in SBI's standalone net profit, and a 130% jump in MCX's consolidated net profit. — [Source](https://www.livemint.com/market/stock-market-news/top-stocks-to-watch-today-bse-nykaa-nse-sbi-iex-shares-in-focus-on-wednesday-4-nov-full-list-11793755813757.html)
- 2026-11-04 — Economic Times: **Stocks in news: NSE, BSE, SBI, Happiest Minds, MCX, IEX and Minda Corp** — Indian equities extended their winning streak to a fourth consecutive session, with the Nifty 50 rallying 1.58% to settle at 23,811 as broad-based buying sustained market recovery. Key entities including NSE, SBI, MCX, and Happiest Minds Technologies are in focus following strong quarterly earnings, while other firms like Chambal Fertilisers and Bata India reported mixed results with profit declines or margin contractions despite revenue growth. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/stocks-in-news-nse-bse-sbi-happiest-minds-mcx-iex-and-minda-corp/articleshow/135508071.cms)
- 2026-11-03 — Economic Times: **Bata puts its best foot forward on profits as inventory shrinks, distribution expands** — Bata India reported a 31.4% year-on-year surge in adjusted profit before tax to Rs 36 crore for Q2 FY27, significantly outpacing its 7.5% revenue growth of Rs 861.8 crore. This profitability improvement was driven by a 2.6-fold expansion in its key retail outlet network and tighter inventory management that boosted full-price sales to 86%. The company aims to reach over 5,000 key retail outlets by Q3 FY27 while continuing to scale its omnichannel digital presence. — [Source](https://economictimes.indiatimes.com/industry/services/retail/bata-puts-its-best-foot-forward-on-profits-as-inventory-shrinks-distribution-expands/articleshow/135508488.cms)
- 2026-11-03 — The Hindu: **Bata India net profit up 30 per cent, revenue up 7.5 per cent in Q2** — Bata India Ltd reported a 30.4% year-on-year increase in consolidated net profit to Rs 18.11 crore and a 7.54% rise in revenue from operations to Rs 861.78 crore for Q2 FY27, attributed to higher average selling prices and strong performance across its retail, franchise, and I&D channels. — [Source](https://www.thehindubusinessline.com/companies/bata-india-net-profit-up-30-per-cent-revenue-up-75-per-cent-in-q2/article71662123.ece)
- 2026-11-03 — Economic Times: **Bata India Q2 Results: Profit rises 30% at Rs 18 crore, revenue rises to Rs 862 crore** — Bata India reported a 30.4% year-on-year increase in net profit to Rs 18.11 crore and a 7.54% rise in revenue to Rs 861.78 crore for the September quarter of FY27, driven by higher average selling prices and robust performance across retail and franchise channels. The company noted that despite input cost pressures and wage revisions, it achieved its highest-ever full-price sales through premiumisation and fresh merchandise offerings. Bata India aims to sustain this growth momentum as festive business shifts to the third quarter, with shares rising 1.81% following the announcement. — [Source](https://economictimes.indiatimes.com/markets/stocks/earnings/bata-india-q2-results-profit-rises-30-at-rs-18-crore-revenue-rises-to-rs-862-crore/articleshow/135502156.cms)
- 2026-11-03 — MONEYCONTROL: **Bata India's quarterly profit jumps 30% on strong footwear demand** — Bata India reported a 30% increase in its quarterly profit, attributing the growth to strong demand for footwear. This financial update highlights improved earnings performance for the company amidst robust consumer interest in its products. — [Source](https://www.moneycontrol.com/news/business/earnings/bata-india-s-quarterly-profit-jumps-30-on-strong-footwear-demand-14067963.html)
- 2026-11-03 — CNBC-TV18: **Bata India Q2 Results: Net profit rises nearly 29% to ₹18 crore, revenue up 7.6%** — Bata India reported a 28.6% year-on-year increase in Q2 FY27 net profit to ₹18 crore, driven by revenue growth of 7.6% to ₹862 crore, despite flat EBITDA and margin contraction due to one-off forex losses and asset write-offs. Managing Director Sanjay S Rao highlighted robust like-for-like sales and improved inventory freshness as key factors supporting the company's focus on profitable growth through premiumisation and network expansion. The stock rose 1.9% following the results, though it remains down 31.1% for the year. — [Source](https://www.cnbctv18.com/market/bata-india-share-price-q2-results-net-profit-rises-revenue-ebitda-margin-20026186.htm)
- 2026-09-30 — CNBC-TV18: **Stocks to Watch for October 1: Insurance stocks, IRFC, NCC, Infosys and more** — From IRFC receiving a ₹396.91 crore show-cause notice from Bihar tax authorities to Highway Infrastructure entering into a ₹220.66 crore contract agreement with UPEIDA, here are the stocks to track ahead of Thursday’s trading session. — [Source](https://www.cnbctv18.com/photos/market/stocks-to-watch-for-october-1-insurance-stocks-irfc-ncc-infosys-and-more-20002281.htm)
- 2026-09-23 — BUSINESS: **HUL, Dabur India trade near Covid lows: Reasons, strategy decoded** — Analysts flag that over the years the market closed the valuation gap built for double-digit growth in these FMCG stocks, as earnings remained muted owing to tepid volume growth and high inflation. — [Source](https://www.business-standard.com/markets/news/hul-dabur-india-trade-near-covid-lows-reasons-strategy-decoded-126092300677_1.html)
- 2026-08-19 — CNBC-TV18: **RailTel, Chennai Petroleum and other stocks, these are the top movers on Nifty 500 at market open today** — Some Nifty 500 stocks rallied on fresh work orders, rising crude prices and a new government incentive scheme, while others slid at market open. Here's a look at today's top gainers and losers — [Source](https://www.cnbctv18.com/photos/market/nifty-500-top-gainers-losers-market-open-railtel-chennai-petroleum-mahanagar-gas-sammaan-capital-share-price-19972363.htm)
- 2026-08-17 — Mint: **Stocks to buy for short term: BDL, Bata India among 3 shares Anand Rathi's Jigar Patel recommends for the next 1-2 weeks** — Anand Rathi's Jigar Patel recommends three stocks—Aarti Industries, Bata India, and BDL—as prime targets for investment over the next 1-2 weeks. With bullish setups emerging, Patel highlights key buying zones and stop-losses to maximize potential gains and minimize risks for savvy investors. — [Source](https://www.livemint.com/market/stock-market-news/stocks-to-buy-for-short-term-bdl-bata-india-among-3-shares-anand-rathis-jigar-patel-recommends-for-the-next-1-2-weeks-11786934823182.html)
- 2026-08-12 — BUSINESS: **Sensex, Nifty trade lower ahead of CPI data; European mrkt decline** — The Nifty hovered below the 24,300 level, while sentiment remained subdued amid a lack of strong directional cues. Investors continued to monitor movements in crude oil prices and developments on the global geopolitical front for further indications on the market's near-term trajectory. — [Source](https://www.business-standard.com/markets/capital-market-news/sensex-nifty-trade-lower-ahead-of-cpi-data-european-mrkt-decline-126081200880_1.html)
- 2026-08-12 — BUSINESS: **Bata India rises after recording 23% YoY increase in Q1 PAT** — Bata India surged 4.75% to Rs 732.70 after the company reported 23% jump in consolidated net profit to Rs 63.98 crore on a 3.9% rise in revenue to Rs 978.95 crore in Q1 FY27 as compared with Q1 FY26. — [Source](https://www.business-standard.com/markets/capital-market-news/bata-india-rises-after-recording-23-yoy-increase-in-q1-pat-126081200390_1.html)
- 2026-08-12 — CNBC-TV18: **Sensex Today | Stock Market LIVE Updates: Nifty at 24,450; Finolex Cables shares up nearly 12%** — Sensex Today | Stock Market LIVE Updates: The Nifty 50 index finds itself at a crucial juncture ahead of the mid-week trading session with 24,500 still being the decisive level to watch on either side. — [Source](https://www.cnbctv18.com/market/stock-market-live-updates-sensex-nifty-50-today-it-godrej-consumer-thyrocare-dr-agarwal-tenneco-blocks-hal-pi-ind-share-price-liveblog-19967084.htm)
- 2026-08-12 — CNBC-TV18: **Q1 Results Live Updates: Finolex Cables, TD Power shares extend gains; Apollo, Grasim report today** — Q1 Results LIVE Updates: Apollo Hospitals and Grasim are among the final Nifty 50 names that will be reporting their results today along with broader market names such as HAL, IRCTC, IRCON, Lenskart, Astral, Tata Motors CV, among others. Manappuram, PI Industries, Bata India, Senco Gold, and others will also be reacting to their results. Watch this space for all the LIVE Q1 result updates. — [Source](https://www.cnbctv18.com/market/q1-results-live-updates-today-hal-apollo-hosp-manappuram-irctc-ircon-lenskart-grasim-pi-ind-astral-share-price-liveblog-19967133.htm)
- 2026-08-11 — MONEYCONTROL: **Bata India Q1 profit up 23% to Rs 64 crore on operational efficiency** — bata india, bata earnings, bata india q1 results — [Source](https://www.moneycontrol.com/news/business/earnings/bata-india-q1-profit-up-23-to-rs-64-crore-on-operational-efficiency-14002250.html)
- 2026-08-11 — CNBC-TV18: **Q1 Results Highlights: Bata India profit up 23.1%, PI Industries profit down 39%** — Q1 Results Highlights: MRF, Ashoka Buildcon, Zydus Life, Bata India, Gokaldas Exports, Balrampur Chini, DAM Capital, EPack Durable, Delta Corp, Finolex Cables, JSW Paints, KPI Green, Landmark Cars, Manappuram Finance, Laxmi Dental, NBCC, RVNL, Senco Gold, Siemens Ltd, TD Power Systems and Venky's were among the companies that reported their results today. Investors also reacted to earnings from Vodafone Idea, Bosch, Zee Entertainment, Gland Pharma, among other companies. The blog tracked all the LIVE Q1 results updates. — [Source](https://www.cnbctv18.com/market/q1-results-live-updates-vodafone-idea-bosch-mrf-bata-manappuram-nbcc-rvnl-zydus-life-zee-gland-ideaforge-share-price-liveblog-19966154.htm)
- 2026-08-11 — CNBC-TV18: **Stocks to Watch for August 12: Auto stocks, Manappuram Finance, NBCC, Larsen & Toubro and more** — From NBCC (India) reporting a 17.2% year-on-year rise in net profit to L&T entering into agreements with its wholly owned subsidiary Vyoma.AI; these are stocks to track ahead of Wednesday trading session. Investors will also keep an eye on Grasim Industries, Astral and Gujarat Fluorochemicals, which are scheduled to announce their Q1 FY27 results tomorrow, August 12. — [Source](https://www.cnbctv18.com/photos/market/stocks-to-watch-for-august-12-auto-stocks-manappuram-finance-nbcc-larsen-toubro-and-more-19966808.htm)
- 2026-08-11 — CNBC-TV18: **Bata India Q1 net profit rises 23% to ₹64 crore; declares ₹25 interim dividend** — Footwear retailer's revenue from operations increased 3.9% YoY to ₹979 crore from ₹942 crore in Q1 FY26. The record date for determining shareholders eligible for the interim dividend has been fixed as August 19, 2026. — [Source](https://www.cnbctv18.com/market/bata-india-q1-net-profit-rises-23-to-%25e2%2582%25b964-crore-declares-%25e2%2582%25b925-interim-dividend-19966886.htm)
- 2026-08-04 — Times of India: **Top stocks to buy today: Stock market recommendations for August 4, 2026 - check list** — India Business News: Stock market recommendations: Honasa Consumer, Gland Pharma, Bata India, and Siemens - these are the top stocks to buy picked by Somil Mehta, Head of . — [Source](https://timesofindia.indiatimes.com/business/india-business/top-stock-recommendations-for-august-04-2026-honasa-consumer-gland-pharma-bata-india-siemens-stocks-to-buy-today/articleshow/132845575.cms)

## Business profile

**Strategic vision:** Footwear retailer and manufacturer with extensive retail network.

### Business segments
- **Footwear Retail and Manufacturing:** The company offers a diverse range of footwear and accessories for the entire family, catering to various customer segments through its extensive retail network.

### Competitive strengths
- Extensive retail network across India
- Diverse range of footwear and accessories for families
- Portfolio of well-known brands

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## Freshness and sources

- Data as of: 2026-11-06
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/bataindia
Markdown representation: https://faxioms.com/stocks/bataindia?render=md