Bata India Ltd is India’s most iconic footwear brand, with a legacy spanning over 100 years and a retail network of more than 1,500 stores across the country. The company offers a wide range of footwear and accessories for men, women, and children under brands like Bata, Power, Weinbrenner, North Star, and Bubblegummers. Despite modest sales growth, Bata India has delivered strong profit expansion and maintains a debt-free balance sheet with industry-leading return ratios. However, its premium valuation demands scrutiny. This article provides a realistic outlook and share price targets for each year from 2026 to 2030, based on fundamentals and sector dynamics.
Bata India Share Price Target Forecast (2026–2030)
Given high valuation, flat sales, but strong ROCE and profitability, upside is limited unless revenue reaccelerates. Targets assume:
EPS CAGR of 12–14% (supported by 26% recent profit growth, though likely to normalize)
P/E compression from 65x to 45–50x by 2028
Stable dividend policy (~60% payout)
Year
Target Price Range (₹)
2026
₹880 – ₹960
2027
₹930 – ₹1,030
2028
₹980 – ₹1,100
2029
₹1,030 – ₹1,180
2030
₹1,080 – ₹1,260
Year-wise Breakdown
Bata India Share Price Target 2026
Year
Target 1
Target 2
2026
₹880
₹960
Rationale: Near-term headwinds from rural slowdown and low same-store sales growth cap upside. However, debt-free status and brand strength provide support.
Bata India Share Price Target 2027
Year
Target 1
Target 2
2027
₹930
₹1,030
Rationale: Expected benefit from premium product mix, e-commerce growth, and store optimization.
Bata India Share Price Target 2028
Year
Target 1
Target 2
2028
₹980
₹1,100
Rationale: By 2028, operating leverage may improve margins. ROCE of 36.6% justifies a premium vs peers.
Bata India Share Price Target 2029
Year
Target 1
Target 2
2029
₹1,030
₹1,180
Rationale: Long-term play on India’s rising disposable income and organized footwear penetration.
Bata India Share Price Target 2030
Year
Target 1
Target 2
2030
₹1,080
₹1,260
Rationale: The upper end assumes sales growth rebounds to 5–6%, ROE sustains >20%, and P/E stabilizes at 50x.
Very high P/E (65x) – among the highest in the consumer sector
Rural demand weakness impacts volume
Competition from Relaxo, Metro, and unorganized players
Investment Suitability
Factor
Assessment
Risk Profile
Moderate (premium FMCG)
Time Horizon
Long-term (5+ years)
Volatility
Low-to-Moderate
Dividend/Income
Yes (2.24% yield + stable)
Ideal Investor
Quality-focused investor who values brand moat and capital efficiency
FAQs
A realistic range is ₹880 – ₹960, assuming no major recovery in sales volume.
By 2030, it could reach ₹1,080 – ₹1,260 if profitability and brand premium hold.
No—those levels are unrealistic. The stock trades above ₹840, so ₹40/₹50 likely confuses face value (₹5) with market price.
The Bata Shoe Organization (Switzerland) owns 50.16%. It’s part of the global Bata Group, founded in 1894.
Yes—it has a consistent dividend history with a current yield of 2.24% and ~60% payout ratio.
Due to stagnant sales growth (0.28%), rich valuation (P/E 65x), and weak rural consumption, not business deterioration.
Only for quality-focused investors who believe in its brand resilience and capital efficiency. Not suitable for growth or momentum seekers.
Final Verdict
Bata India remains a high-quality, capital-efficient business with unmatched brand recognition. However, its lack of top-line growth makes the current valuation hard to justify. Our 2026–2030 price targets (₹880–₹1,260) reflect cautious optimism—contingent on margin sustainability and modest sales recovery. Investors should consider accumulating only on significant corrections with a 5-year horizon.
📌 Disclaimer: Price targets are estimates based on current fundamentals and sector trends. They are not investment advice. Please consult a SEBI-registered advisor.
Hi, I’m Raj Mittal, a stock market content writer focused on company analysis, share price trends, and fundamental research. I create simple, research-based insights to help investors make smarter market decisions.
