Bata India delivers 20.84% operating margin in Q1FY27
Below-operating costs cut pre-tax profit to Rs 85.89 cr, while other income added Rs 18.03 cr and the results were filed after market close.
Filed 11 Aug 2026, 21:32 IST · after market close · Bata India Ltd (BATAINDIA)
Key takeaways
- Bata India reported a consolidated operating margin of 20.84% in Q1FY27.
- Interest of Rs 32.71 cr and depreciation of Rs 103.39 cr reduced operating profit of Rs 203.97 cr to pre-tax profit of Rs 85.89 cr.
- The consolidated operating margin was 7.91 percentage points above the 12.93% median for 145 Consumer Discretionary peers.
Price around the results
Q1FY27 operating performance
Bata India’s consolidated revenue of Rs 978.95 cr generated operating profit of Rs 203.97 cr, with an operating margin of 20.84%. The operating result was substantially higher than pre-tax profit because interest and depreciation together reduced earnings below the operating line.
Interest and depreciation drove the profit gap
Interest expense was Rs 32.71 cr and depreciation was Rs 103.39 cr, creating a sizeable gap between operating profit and pre-tax profit. Other income of Rs 18.03 cr partly supported pre-tax earnings, while the consolidated tax rate was 25.51%.
Margin ahead of sector peers
Bata India’s 20.84% operating margin was 7.91 percentage points above the 12.93% median among 145 Consumer Discretionary companies that had reported the same quarter. The company filed these consolidated results after market close, so there is no post-result stock reaction to assess yet.
Q1FY27 at a glance
Consolidated figures as filed with NSE — cross-checked against an independent source.
| Line item | Q1FY27 |
|---|---|
| Revenue | ₹979 cr |
| Other income | ₹18 cr |
| Expenses | ₹775 cr |
| Operating profit | ₹204 cr |
| Operating margin (%) | 20.84% |
| Interest | ₹33 cr |
| Depreciation | ₹103 cr |
| Profit before tax | ₹86 cr |
| Tax | ₹22 cr |
| Net profit | ₹64 cr |
| EPS (₹) | ₹4.98 |
Operating margin of 20.84% compares with a Consumer Discretionary sector median of 12.93% across 145 peers that have reported Q1FY27.
What to watch
- Whether consolidated operating margin holds above 20.84%.
- Whether interest expense moves from Rs 32.71 cr.
- Whether other income remains at Rs 18.03 cr or changes its contribution to pre-tax profit.