Bata India - Q4 CY12 Results - First Cut - Microsec

Bata India announced its Q4 CY12 results on 26Feb 2013.

The company's Total Income increased by 18% YOY to INR509 crore YOY and its EBITDA increased by 12% YOY to INR80 crore. EBITDA Margin of the company decreased from 16.6% to 15.8% YOY. Adjusted PAT increased by 13% YOY to INR51 crore. For the year ending CY12, Net sales increased by 19% to INR1841 crore and adjusted PAT increased by 20% to INR172 crore. Bata India has added 189 new stores in the current year. We maintain our Target Price of INR966 for the stock.

Source : Equity Bulls

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