Is Bata India the Best Stock in Its Sector? A Look at the Numbers
- September 15, 2026
- Posted by: Harsh Piplani
- Category: Market
Bata India CMP Rs 652 (15 Sep 2026). Market cap Rs 8,335 Cr. ROE 10.39%. P/E 57.04x versus Industry P/E 39.74x.
Quick Answer
Bata India is one of the names investors compare when screening the Retailing sector, built on a 10.39% return on equity and a P/E of 57.04x against an Industry P/E of 39.74x. Bata India Ltd manufactures and retails footwear across price points through its own stores, franchisees and online channels, and is one of the oldest and most recognised footwear brands in the country. Whether Bata India is the best stock in its sector depends on whether an investor is optimising for return ratios, valuation, or both. This article breaks down the metrics, including a comparison against named Retailing sector peers, so you can judge that for yourself.
Is Bata India the best stock in its sector? The stock trades on the NSE at Rs 652 as of 15 September 2026, within its 52-week range of Rs 605.00 to Rs 1,282.50. Bata India Ltd manufactures and retails footwear across price points through its own stores, franchisees and online channels, and is one of the oldest and most recognised footwear brands in the country.
Bata India sits in the Retailing sector, and its 10.39% ROE and 57.04x P/E give a starting point for judging where it stands against comparable listed names. The rest of this article compares those numbers against verified peers and the sector’s Industry P/E benchmark.
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About Bata India
Bata India Ltd manufactures and retails footwear across price points through its own stores, franchisees and online channels, and is one of the oldest and most recognised footwear brands in the country. At a market capitalisation of Rs 8,335 Cr, it is tracked as part of the Retailing sector on Univest.
Is Bata India the Best Stock in Its Sector?
Bata India makes its case as the best stock in its sector primarily on valuation relative to its Industry P/E, combining a 10.39% ROE with a 57.04x P/E against the sector’s 39.74x Industry P/E. Bata India’s 57.04x P/E sits above the 39.74x Industry P/E despite a 10.39% ROE that trails several younger footwear peers, so the valuation leans more on brand and distribution than current capital efficiency.
| Metric | Bata India |
|---|---|
| CMP (NSE) | Rs 652.50 |
| 52-Week High / Low | Rs 1,282.50 / Rs 605.00 |
| Market Cap | Rs 8,335 Cr |
| P/E (TTM) vs Industry P/E | 57.04x vs 39.74x |
| P/B | 5.22 |
| ROE | 10.39% |
| EPS (TTM) | Rs 11.37 |
| Dividend Yield | 1.39% |
| Debt to Equity | 0.87 |
Compare Bata India Against Other Retailing Sector Stocks
How Bata India Compares Against Its Retailing Sector Peers
The table below sets Bata India against 3 other Retailing sector names, using the same live data source for every company. A peer average row is included for P/E, ROE and debt to equity, calculated across the 3 peer companies.
| Company | Market Cap (Rs Cr) | P/E | ROE | Debt to Equity |
|---|---|---|---|---|
| Bata India | 8,335 | 57.04 | 10.39% | 0.87 |
| Metro Brands | 25,621 | 62.12 | 20.63% | 0.79 |
| Relaxo Footwears | 8,088 | 43.67 | 8.13% | 0.11 |
| Campus Activewear | 6,554 | 42.54 | 16.56% | 0.26 |
| Peer average (3 companies) | – | 49.44 | 15.11% | 0.39 |
Against this peer set, Bata India’s 10.39% ROE is below the 15.11% peer average, and its P/E of 57.04x runs above the peer average of 49.44x. Bata India’s 57.04x P/E sits above the 39.74x Industry P/E despite a 10.39% ROE that trails several younger footwear peers, so the valuation leans more on brand and distribution than current capital efficiency.
What Makes Bata India Worth Watching in Retailing
- Established brand and retail reach: Decades of brand recall and a large owned-and-franchised store network give Bata India distribution scale most footwear challengers lack.
- Moderate leverage for a retailer: A debt to equity ratio of 0.87 is reasonable for a business that owns and leases a large physical retail footprint.
- Premium valuation versus current ROE: A 57.04x P/E against a 10.39% ROE is rich for the current return profile, and above the 39.74x Industry P/E.
Bata India Valuation: Is It Justified?
Bata India’s 57.04x P/E sits above the 39.74x Industry P/E despite a 10.39% ROE that trails several younger footwear peers, so the valuation leans more on brand and distribution than current capital efficiency. As with any single stock, investors should weigh this against their own valuation discipline and risk appetite rather than the sector label alone.
Download the Univest iOS App or Univest Android App to track Bata India and other Retailing sector stocks.
How to Track Bata India Before You Invest
Before deciding whether Bata India deserves its label as the best stock in its sector for your own portfolio, compare it directly against Retailing sector peers using the steps below.
- Open the Univest Screener and search for Bata India to view live price, valuation ratios, and peer comparisons within the Retailing sector.
- Compare its P/E, P/B, and ROE against other Retailing sector stocks before deciding if the current valuation fits your strategy.
- Set a price alert around key support and resistance zones using the Univest app so you are notified of meaningful moves.
- Open a broking account on Univest if you decide to add the stock, and size the position based on your own risk appetite and portfolio allocation.
Conclusion
Bata India earns a place in the best stock in its sector conversation on the strength of a 10.39% ROE and a P/E of 57.04x against a 39.74x Industry P/E, with named peer comparisons in this article backing up that picture. As with any individual stock decision, this analysis is educational and investors should do their own research or consult a SEBI-registered advisor before investing.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Is Bata India the best stock in its sector?
Ans. Bata India has a 10.39% ROE and trades at 57.04x P/E against a 39.74x Industry P/E, and compares below the peer average ROE of 15.11% in this article’s named comparison, so the answer depends on what an investor is prioritising.
What is the current share price of Bata India?
Ans. Bata India was trading at Rs 652.50 on the NSE as of 15 September 2026, within its 52-week range of Rs 605.00 to Rs 1,282.50.
What sector does Bata India belong to?
Ans. Bata India is classified under the Retailing sector on Univest.
How does Bata India compare to its sector peers on P/E?
Ans. Bata India’s P/E of 57.04x is above the 49.44x average of the 3 named peers compared in this article.
What is Bata India’s return on equity?
Ans. Bata India reported a return on equity of 10.39%, which is below the 15.11% average of its named peers in this comparison.
Should I invest in Bata India based on its sector position?
Ans. Bata India’s sector position and metrics make it worth researching further, but any investment decision should factor in your own risk appetite, its valuation relative to peers, and independent research or advice from a SEBI-registered advisor.
