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Bata stock struggles to regain its feet amid growth bump

Mint Ahmedabad

|

August 28, 2025

Flatlining Bata India's revenue growth has been flattish for a while now.

- Pallavi Pengonda

Bata India Ltd's shares have vastly underperformed the broader market, sliding 22.5% so far in 2025 against a nearly 2% gain in the Nifty 500 index. Yet, beaten-down earnings prospects offer little comfort on valuations—the stock still trades at 53 times estimated FY26 earnings, according to Bloomberg data.

The problem isn't new. Bata has long struggled to lift sales growth amid intensifying competition and tepid consumer demand. The recently concluded June quarter (QIFY26) was no exception, with revenue slipping marginally year-on-year to ₹942 crore. That marked the ninth straight quarter of flattish annual growth.

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