Bata India – Taking the Right Steps: Dolat Capital

We have been in contact with store managers at Bata India Ltd. in the western market to analyze the ground situation after the complete lifting of Covid-19 restrictions and reopening of offices and schools.

We mainly focused on the demand for Bata shoes, price increases, new schemes, discounts, recent launches and store manager confidence level.

Our channel audits show that the footwear industry made a good recovery during the fourth quarter of FY22. We also noticed price pass-through in most inventory units’, which should help reduce inflation. We therefore expect a strong pick-up in demand in Bata compared to last year. Opening shopping centers and new store additions would help accelerate sales growth.