Bata India - Result Update - Microsec Research

Bata India announced its Quarterly results on 26 July 2012.

The company's Total Income increased by 17% YOY to INR507 crore YOY and its EBITDA increased by 23% YOY to INR86 crore. EBITDA Margin of the company increased from 16.10% to 16.95% YOY. Adjusted PAT increased by 28% YOY to INR53 crore. At the CMP of INR896, the stock is trading at a P/E of 31.5x its CY12E EPS of INR28.4. We maintain Hold at the current level.

Source : Equity Bulls

Keywords