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- BITS
BITS
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Share Price
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Financials
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Forensics
- 5D
- 1M
- 6M
- YTD
- 1Y
- 5Y
- MAX
This data is currently unavailable for this company.
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Summary
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Profit & Loss
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Revenue Mix
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Revenue Mix
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Recent events
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News
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Corporate Actions
BITS Entered MoU With Baroda Institute Of Technology
May 1 (Reuters) - BITS Ltd BITS.BO:
ENTERED MOU WITH BARODA INSTITUTE OF TECHNOLOGY
Source text for Eikon: ID:nBSE1T9RSS
Further company coverage: BITS.BO
(([email protected];))
May 1 (Reuters) - BITS Ltd BITS.BO:
ENTERED MOU WITH BARODA INSTITUTE OF TECHNOLOGY
Source text for Eikon: ID:nBSE1T9RSS
Further company coverage: BITS.BO
(([email protected];))
Events:
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Popular questions
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Business
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Shareholdings
What does BITS do?
Bits Limited provides education in various fields such as Art, Commerce, Science, Computer Software, Business Management, and Engineering through centers, institutes, colleges, and universities in India and abroad.
Who are the competitors of BITS?
BITS major competitors are Compucom Software, LCC Infotech, Jetking Infotrain, IEC Education, G-Tec Jainx Edu, Educomp Solutions, Usha Martin Educatn.. Market Cap of BITS is ₹132 Crs. While the median market cap of its peers are ₹30 Crs.
Is BITS financially stable compared to its competitors?
BITS seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does BITS pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. BITS latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has BITS allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is BITS balance sheet?
Balance sheet of BITS is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of BITS improving?
The profit is oscillating. The profit of BITS is ₹2.41 Crs for Mar 2024, -₹0.06 Crs for Mar 2023 and ₹0.23 Crs for Mar 2022
Is the debt of BITS increasing or decreasing?
The debt of BITS is decreasing. Latest debt of BITS is -₹1.42 Crs as of Sep-24. This is less than Mar-24 when it was -₹0.52 Crs.
Is BITS stock expensive?
Yes, BITS is expensive. Latest PE of BITS is 705, while 3 year average PE is 50.77. Also latest EV/EBITDA of BITS is 518 while 3yr average is 272.
Has the share price of BITS grown faster than its competition?
BITS has given better returns compared to its competitors. BITS has grown at ~79.03% over the last 7yrs while peers have grown at a median rate of 7.87%
Is the promoter bullish about BITS?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in BITS is 65.07% and last quarter promoter holding is 65.07%.
Are mutual funds buying/selling BITS?
The mutual fund holding of BITS is stable. The current mutual fund holding in BITS is 0.03% while previous quarter holding is 0.03%.