Bata India Ltd (BOM:500043)

Q4 2024 Bata India Ltd Earnings Call Transcript

May 31, 2024 / NTS GMT

Release Date Price: ₹1361.65 (-0.78%)

Transcript

Key Points

Positve

Premium segments like Red Label and Comfort Power have grown significantly ahead of overall growth.
Sneaker studios have expanded to almost 700 stores, driving sneaker growth.
E-commerce business continues to grow robustly, contributing to both revenue and profitability.
Successful automation of the second largest warehouse in Mumbai and monetization of Faridabad land.
ERP implementation has gone live smoothly, expected to improve speed, agility, and accuracy in business decisions.

Negative

Retail expansion fell short of expectations, with only 24 new doors added against a target of 40 per quarter.
Distribution business remains a drag on overall growth, particularly in the mass market segment.
Marketing expenses have been higher, impacting profitability.
Overall growth rates were lower than expected at 2.4%, reflecting sluggish trading conditions.
Fixed costs remain a concern, with desired leverage not achieved from a top-line perspective.

Operator

Ladies and gentlemen, good day, and welcome to the Bata India, Q4 and FY24 earnings conference call hosted by ICICI Securities Limited. (Operator Instructions) Please note that this conference is being recorded.

I now hand the conference over to Mr. Varun Singh from ICICI Securities Limited. Thank you, and over to you sir.

Varun Singh

ICICI Securities - Analyst

Yes, thank you Neha. On behalf of ICICI, it's our absolute pleasure to host (inaudible) but our 4Q earnings conference call. From the management team, we have Mr. Gunjan Shah, MD and CEO; Mr Anil Somani , Director of Finance and CFO, and Mr Nitin Bagaria, Company Secretary.

Operator

Sorry to interrupt you sir. But our management line just got disconnect.

Varun Singh

ICICI Securities - Analyst

Okay.

Operator

Thank you for patiently holding. We have the management back on the call.

Varun Singh

ICICI Securities - Analyst

Thank you, and a

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.