Bata India Struggles with 15 Quarters of Revenue Misses

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continues to face mounting challenges, with 15 straight quarters of revenue shortfalls. The stock is down 9% in one month, 19% YTD, and 20% over the past year. Revenue growth has stayed below 3% for nine quarters, often turning negative, while rivals like Campus and Metro delivered double-digit growth. Debt has climbed from ₹1,094 Cr (Mar 2022) to ₹1,446 Cr (Mar 2025), and ROCE has dropped from 20% to 15%. Despite a steep 67x PE ratio, analysts remain bearish — 11 ‘Sell’, 7 ‘Hold’, and just 2 ‘Buy’. Weak online presence, failure in premium positioning, and rising competition continue to weigh on performance.