Bata IndiaBOM:500043 -2.72%74 ROE % is 0.55% as of Mar. 2026, which is 97% below its 10-year median of 16.74. GuruFocus rates BOM:500043 with a GF Score™ of 74/100 and a GF Value™ of ₹1,394.45 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,023 Manufacturing - Apparel & Accessories companies, Bata India ranks better than 68.62% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Bata India's annualized net income for the quarter that ended in Mar. 2026 was ₹88 Mil. Bata India's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹15,956 Mil. Therefore, Bata India's annualized ROE % for the quarter that ended in Mar. 2026 was 0.55%.
The historical rank and industry rank for Bata India's ROE % or its related term are showing as below:
BOM:500043'
s ROE % Range Over the Past 10 Years
Min: -4.89 Med: 16.74 Max: 21.32
Current: 8.57
During the past 13 years, Bata India's highest ROE % was 21.32%. The lowest was -4.89%. And the median was 16.74%.
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
Bata India ROE % Related Terms
Bata India ROE % Historical Data
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The historical data trend for Bata India's ROE % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Footwear & Accessories subindustry, Bata India's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Bata India ROE % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bata India's ROE % distribution charts can be found below:
* The bar in red indicates where Bata India's ROE % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Bata India (BOM:500043) has a ROE % of 0.55% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Bata India and its competitors. This is 97% below median its historical median of 16.74. According to the industry distribution chart, Bata India ranks #321 out of 1023 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 31.4%.
Is Bata India's ROE % too high?
Bata India's current ROE % of 0.55% is 97% below median its 10-year median of 16.74. The Manufacturing - Apparel & Accessories industry median ROE % is 4.04. Bata India's value of 0.55% is 86.4% below this industry median. Based on the distribution chart, Bata India ranks #321 out of 1023 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Bata India has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bata India's ROE % compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Bata India ranks #321 out of 1023 companies for ROE %. This puts Bata India in the upper half of its industry. The industry median ROE % is 4.04. Bata India's value of 0.55% is 86.4% below this benchmark. While the company's 10-year median is 16.74 vs. the industry median of 4.04, Bata India has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Manufacturing - Apparel & Accessories company?
The median ROE % among Manufacturing - Apparel & Accessories companies is 4.04, based on 1,023 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bata India's current ROE % of 0.55% is 86.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Bata India and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROE % is 4.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bata India's current ROE % is 0.55%, which is 97% below median its own 10-year median of 16.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bata India stock overvalued right now?
Based on GuruFocus' analysis, Bata India (BOM:500043) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹1,394.45, compared to a current price of ₹696.40 — trading 50.1% below its estimated fair value. The current ROE % is 0.55%, which is 97% below median its 10-year median of 16.74 and 86.4% below the Manufacturing - Apparel & Accessories industry median of 4.04. Bata India's overall GF Score™ is 74/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Bata India (BOM:500043), the current ROE % is 0.55% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Bata India (BOM:500043) Overvalued in 2026?
Based on GuruFocus' analysis, Bata India stock appears to be undervalued.
The current stock price of ₹696.40 is trading 50.1% below its estimated GF Value™ of ₹1,394.45.
GuruFocus considers Bata India to be Significantly Undervalued.
Key valuation signals for BOM:500043:
ROE %: 0.55% (97% below median its 10-year median of 16.74)
GF Value™: ₹1,394.45 vs. price of ₹696.40 (50.1% below fair value)
Industry Position: 86.4% below the Manufacturing - Apparel & Accessories median (#321 of 1023)
No single metric tells the full story. See the BOM:500043 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bata India Ltd is a manufacturer and retailer of footwear and accessories, such as bags, belts, wallets, and shoe care products. It has only one reportable segment which is Footwear and Accessories. The company sells footwear under brand names including Bata, Bubblegummers, Hush Puppies, Power, Weinbrenner, and Naturalizer. Bata manufactures shoes in multiple manufacturing plants across India, and it sells its products through its retail stores and e-commerce channels. Bata generates all its sales in India, mostly from footwear.
74GF Score
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