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BITS Ltd

(526709)

₹12.321.99%

as on 04:01PM, 18 Sep 2024

Overview
News
Financials
Q1 2024 Results
Technicals

Performance

  • ₹12.32
    ₹12.32
  • 52 Week's Low

    ₹0.54
    ₹12.32
1 Month Return+ 49.88 %
3 Month Return+ 288.42 %
1 Year Return+ 2223.08 %
Previous Close₹12.08
Open₹12.32
Volume39.84K
Upper Circuit-
Lower Circuit-
Market Cap₹135.15Cr

Key Statistics

P/E Ratio57.52
PEG Ratio287.62
Market Cap₹135.15 Cr
P/B Ratio2.17
EPS0.22
Dividend Yield0
SectorComputer Education
ROE0.49

Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹135.15 Cr759.35%0.51₹2 CrNA
NA₹39.26 Cr25.75%0.53-₹1 Cr₹18 Cr
NA₹28.78 Cr16.15%-2.92-₹45 Cr₹1 Cr
SELL₹2,523.93 Cr22.29%0.50₹39 Cr₹303 Cr
NA₹315.12 Cr-11.74%0.91-₹462 Cr₹324 Cr

Company Information

BITS Ltd Formerly known Bureau of Information Technology Services I Ltd and promoted by Pradeep Khanna as a division of Jukaso Silk Mills a partnership concern of the Promoter BITS Ltd. imparts computer education under the banner of Bureau of Information Technology Studies BITS. The trademark rights and goodwill were transferred by Jukaso Silk Mills to BITS Enterprises in Dec.92 which in turn had assigned the same to the Company in 1994. BITS Ltd incorporated in November 1992 is engaged in the business to impart education in field of Art Commerce Science Computer Software Computer Hardware Business Management Hotel Management Engineering Technical Education and in all innovative fields that may be useful to segments of society by setting up centers institutes colleges universities including Distance Learning Programmes etc. in India abroad. It is managed by the team of Highly qualified Professionals.The present activities of the company are split into six divisions career training corporate training hardware maintenance training software exports multimedia training and placement services. The career training division is associated with various associations like the Institute for Certifying Computer Professionals ICCP US. American Council on Education ACE. The Manufacturers Association for Information Technology Computer Traning Division MAITCTD and the Institute of Marketing and Management IMM India. The software export and multimedia training divisions are a recent diversification by the company.BITS which has 42 centres through franchise agreements and a centre in Dubai came out with a public issue in Nov.94 for its expansioncumdiversification. It took up the initiative in marketing of computer hardware. The Lotus Development Corporation was appointed the Company as its premium business partner for imparting and awarding Authorised Training Centres ATC to various training institutes in India for Lotus Smart Suites.The Company floated a Wholly Owned Business Process Outsourcing BPO subsidiary in 2005. During the financial period 202223 M/s. Prurient IT Solutions Private Limited was made the Associate of the Company due to conversionof M/s. Prurient IT Solutions LLP into a Private Limited Company. Further M/s. Ujjwal Infrastructure Private Limited which was an associate of the Company has ceased to be the Associates..

Share Price: ₹12.32 per share as on 18 Sep, 2024 04:01 PM
Market Capitalisation: ₹135.15Cr as of today
Revenue: ₹0.25Cr as on June 2024 (Q2 24)
Net Profit: ₹0.03Cr as on June 2024 (Q2 24)
Listing date: 01 Jan, 0001
Chairperson Name: Ankit Rathi
OrganisationBITS Ltd
HeadquartersMumbai
IndustryComputer Education
E-voting on sharesClick here to vote

Key events for BITS Ltd

  • BITS Ltd Achieves Significant Stock Milestones - 10 Aug, 2024

    BITS Ltd has seen a remarkable 2,264% return over the past year, with shares hitting a 52-week high of Rs 7.33. The stock has gained 75% in the last month, outperforming the Sensex. A board meeting is scheduled for August 12, 2024, to discuss financial results. The company has a market cap of Rs 82 crore, with promoters holding 65% stake.

  • BITS Ltd Achieves Remarkable 1935% Growth - 07 Aug, 2024

    BITS Ltd has surged 1,935% over the past year, reaching a record high of ₹6.92. Despite a revenue decline in FY24, net profit increased significantly, showcasing strong performance in the penny stock market.

Insights on BITS Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 3 quarters, 0.23 Cr → 0.25 Cr (in ₹), with an average increase of 4.0% per quarter

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, BITS has outperformed top 5 stocks with highest market-cap in Real Estate Rental, Development & Operations

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 months, BITS stock has moved up by 288.4%

  • imgNO EFFECT

    Retail Holding Unchanged

    img

    Retail Investor holdings remained unchanged at 34.86% of holdings in Jun 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 65.07% of holdings in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 3 quarters, 2.33 Cr → 0.03 Cr (in ₹), with an average decrease of 61.6% per quarter

Company Financials

Value in ₹ crore
DetailsQ'2 23Q'3 23Q'4 23Q'1 24Q'2 24
Revenue₹0.21Cr (-)₹0.21Cr (-)₹0.23Cr (↑9.52%)₹0.24Cr (↑4.35%)₹0.25Cr (↑4.17%)
Net Income₹0.03Cr (-)₹0.02Cr (↓33.33%)₹0.06Cr (↑200.00%)₹0.03Cr (↓50.00%)₹0.03Cr (-)
Net Profit Margin14.29% (-)9.52% (↓33.38%)26.09% (↑174.05%)12.50% (↓52.09%)12.00% (↓4.00%)
Value in ₹ crore
Details2021202220232024
Total Assets₹18.12Cr (-)₹18.10Cr (↓0.11%)₹18.11Cr (↑0.06%)₹18.31Cr (↑1.10%)
Total Liabilities₹0.76Cr (-)₹0.51Cr (↓32.89%)₹0.52Cr (↑1.96%)₹0.58Cr (↑11.54%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow-₹0.04Cr (-)- (↓100.00%)-₹0.16Cr (-)₹0.16Cr (↓200.00%)₹1.02Cr (↑537.50%)
0

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
65.07%
0.00
Foreign Institutions
0%
0.00
Mutual Funds
0.03%
0.00
Retail Investors
34.86%
0.00
Others
0.04%
0.00

Key Indicators

Details20202021202220232024
Return On Assets %0.38-0.331.27-0.3313.16
Details2024
Book Value Per Share (₹)1.79
Details2024
Earning Per Share (₹)0.22
Details20232024
Return On Equity %-0.440.49

BITS Ltd Valuation

BITS Ltd in the last 5 years

  • Overview

  • Trends

Lowest (0.00x)

December 29, 2023

Today (57.52x)

September 17, 2024

Industry (103.00x)

September 17, 2024

Highest (72.00x)

September 29, 2023

LowHigh

Earnings and Dividends

  • BITS Ltd Earnings Results

    BITS Ltd’s net profit jumped 0% since last year same period to ₹0.03Cr in the Q1 2024-2025. On a quarterly growth basis, BITS Ltd has generated -25% fall in its net profits since last 3-months.

    Read More about Earnings Results

Technicals Summary

Bearish

Neutral

Bullish

Bullish

BITS Ltd is currently in a Bullish trading position according to technical analysis indicators.

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BITS Ltd (526709) share price today is ₹12.32

BITS Ltd is not listed on NSE

BITS Ltd is listed on BSE

  • Today’s highest price of BITS Ltd is ₹12.32.
  • Today’s lowest price of BITS Ltd is ₹12.32.

PE Ratio of BITS Ltd is 57.52

PE ratio = BITS Ltd Market price per share / BITS Ltd Earnings per share

Today’s traded volume of BITS Ltd(526709) is 39.84K.

Today’s market capitalisation of BITS Ltd(526709) is ₹135.15Cr.

BITS Ltd(526709Price
52 Week High
₹12.32
52 Week Low
₹0.54

BITS Ltd(526709) share price is ₹12.32. It is down -0.00% from its 52 Week High price of ₹12.32

BITS Ltd(526709) share price is ₹12.32. It is up 2181.48% from its 52 Week Low price of ₹0.54

BITS Ltd(526709Returns
1 Day Returns
0.24%
1 Month Returns
49.88%
3 Month Returns
288.42%
1 Year Returns
2223.08%