BATA SHOES
Bata is a multinational footwear, apparel, and fashion accessories
manufacturer and retailer, founded in 1894 in Zlín, Czechoslovakia, now
headquartered in Lausanne, Switzerland. They are known for their affordable
and stylish footwear, with a global presence and a history spanning over 125
years.
Bata was founded back in 1894 in Zlin, Czechoslovakia by Thomas Bata, a
9th generation shoemaker in his family. He invested his savings in some
simple shoe making machinery which went on to revolutionize the shoe
manufacturing industry at that time. This sparked off a family legacy of well-
designed and durable shoes that came with prices that everyone could afford.
Today, Bata spans across the globe with over 6,000 retail stores and 100,000
independent dealers and franchisees.
This includes a variety of retail concept stores such as City Stores, Family
Stores, Angela Stores and AW Lab Stores. Hence, the trademark ‘’ logo is
one of the world’s most familiar sights.
As the world’s largest shoe manufacturer and marketer, Bata is driven by the
mission ‘To be successful as the most dynamic, flexible and market
responsive worldwide organization with footwear as its core business’.
Bata also owns an International Shoe Innovation Center in Padova, Italy
which services 83 of its companies worldwide and several non-Bata
companies; by training personnel from basic design to creative skills.
Bata offers a wide product portfolio encompassing various shoe types,
accessories, and brands, including slippers, sandals, casual wear, infant shoes,
sports shoes, school bags, socks, belts, and more, catering to diverse needs
and styles.
Here's a more detailed breakdown of Bata's product profiles:
Footwear:
Slippers and Sandals:
Bata is known for its comfortable and affordable slippers and sandals,
suitable for everyday wear.
Casual Wear Shoes:
They offer a variety of casual shoes for both men and women,
encompassing different styles and materials.
Infant Shoes:
Bata has a dedicated line of shoes for infants, focusing on comfort and
safety.
Sports Shoes:
Bata's sports shoe brands include Power and Sparx, catering to athletic
needs.
Formal Shoes:
Bata provides formal shoes for men, known for their quality and style.
Work & Safety Shoes:
Bata Industrials offers work and safety footwear, focusing on durability and
protection.
School Shoes:
Bata has a line of school shoes, known as Toughees, designed for durability
and comfort.
North Star:
This brand focuses on urban shoes, offering a range of stylish and
comfortable footwear.
Weinbrenner:
This brand is known for its outdoor shoes, providing durable and functional
footwear for various activities.
Bubble gummers:
This brand is specifically for children's shoes, offering a variety of fun and
colorful designs.
Accessories:
School Bags: Bata offers a range of school bags, known for their durability
and functionality.
Socks: They provide a variety of socks for men, women, and children.
Belts: Bata offers belts for both men and women, complementing their
footwear collection.
Polishes and Brushes: They provide shoe polishes and brushes for
maintaining the appearance of their footwear.
Handbags and Clutches: Bata offers handbags and clutches for women,
complementing their footwear collection.
Wallets: Bata provides wallets for men, complementing their footwear
collection.
BATAINDIALIMITED
ConsolidatedBalanceSheetasat31March2024
(Amounts in INR million; unless otherwise
stated)
Notes As at 31 March As
2024 at31March2023
ASSETS
Non-current assets
Property,plantand equipment 4a 3,279.12 3,215.95
Capital work-in-progress 4c 15.65 16.14
Intangible assets 4b 268.93 142.22
Intangible assets under development 4c 21.57 21.57
Right-of-use assets 4d 11,539.02 10,560.27
Financial assets
(i)Investments 5a 5.00 5.00
(ii)Other financial assets 5b 1,325.46 1,215.04
Deferred tax assets(net) 6 1,266.73 1,133.31
Current tax assets(net) 7b 155.63 230.09
Othernon-current assets 7a 115.23 41.92
Totalnon-current assets 17,992.34 16,581.51
Current assets
Inventories 8 9,295.50 9,045.55
Financial assets
(i)Trade receivables 9 801.32 825.54
(ii)Cash and cash equivalents 10 501.04 745.87
(iii)Bank balances other than (ii) above 11 3,578.62 4,566.14
(iv)Other financial assets 5b 366.82 378.05
Other current assets 7a 766.19 573.94
15,309.49 16,135.09
Assets classified as held for sale 7c 195.79 -
Total current assets 15,505.28 16,135.09
Total assets 33,497.62
32,716.60
Equity and liabilities
Equity
Equity share capital 12 642.64 642.64
Other equity 13 14,626.29 13,739.46
Total equity 15,268.93 14,382.10
Liabilities
Non-current liabilities
Financial liabilities
(i)Lease liabilities 4d 10,829.22 10,105.34
(ii)Other financial liabilities 15 46.91 4.72
Total non-current liabilities 10,876.13 10,110.06
Current liabilities
Financial liabilities
(i)Lease liabilities 4d 2,743.72 2,359.14
(ii)Trade payables 14
(a)Total outstanding dues of micro 762.59 908.48
enterprises and small enterprises
(b)Total outstanding dues of 2,234.23 3,185.03
creditors other than (ii)(a) above
(iii)Other financial liabilities 15 1,011.08 1,054.75
Provisions 17b 139.82 75.94
Current tax liabilities(net) 17a - 9.41
Other current liabilities 16 461.12 631.69
Total current liabilities 7,352.56 8,224.44
Total liabilities 18,228.69 18,334.50
Total equity and liabilities 33,497.62 32,716.60
The above consolidated balance sheet should be read in conjunction with
the accompanying notes this is the consolidated balance sheet referred
to in our report of even date