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Last Updated: April 2, 2026, 4:15 am
Author: Getaka|Social: XLinkedIn
Stock Ticker - BSE: 526709 | NSE: BITS

BITS Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹2.28Overvalued by 67.38%vs CMP ₹6.99

P/E (140.0) × ROE (1.1%) × BV (₹1.83) × DY (2.00%)

₹1.46Overvalued by 79.11%vs CMP ₹6.99
MoS: -378.8% (Negative)Confidence: 65/100 (Moderate)Models: All 8: Overvalued
ModelCategoryValueWeightSignal
PE-ROEEarnings₹2.8426%Over (-59.4%)
Graham NumberEarnings₹1.5716%Over (-77.5%)
Earnings PowerEarnings₹0.4113%Over (-94.1%)
DCFCash Flow₹1.2313%Over (-82.4%)
Net Asset ValueAssets₹1.838%Over (-73.8%)
EV/EBITDAEnterprise₹0.5310%Over (-92.4%)
Earnings YieldEarnings₹0.608%Over (-91.4%)
Revenue MultipleRevenue₹0.156%Over (-97.9%)
Consensus (8 models)₹1.46100%Overvalued
Key Drivers: P/E of 140 makes PE-ROE unreliable — asset/earnings models are better benchmarks. | ROE 1.1% is below cost of equity.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 24.6%

*Investments are subject to market risks

Investment Snapshot

58
BITS Ltd scores 58/100 (Average)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health42/100 · Moderate
ROCE 1.1% WeakROE 1.1% WeakD/E 0.00 Low debtInterest Coverage 0.0x RiskyProfitable 3/5 years Mixed
Smart Money50/100 · Moderate
Promoter holding at 65.1% Stable
Earnings Quality65/100 · Strong
OPM expanding (-10% → 24%) Improving
Quarterly Momentum100/100 · Strong
Revenue (4Q): +25% YoY AcceleratingProfit (4Q): +195% YoY StrongOPM: 35.9% (up 3.6% YoY) Margin expansion
Industry Rank30/100 · Weak
P/E 140.0 vs industry 98.5 In-lineROCE 1.1% vs industry 21.7% Below peersROE 1.1% vs industry 14.2% Below peers3Y sales CAGR: 15% Moderate

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 2, 2026, 4:15 am

Market Cap 78.2 Cr.
Current Price 6.99
Intrinsic Value₹1.46
High / Low 18.7/6.45
Stock P/E140
Book Value 1.83
Dividend Yield0.00 %
ROCE1.09 %
ROE1.09 %
Face Value 2.00
PEG Ratio5.70

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for BITS Ltd

Competitors

Stock Name ⇩Market Cap ⇩Current Price ⇩High / Low ⇩Stock P/E ⇩Book Value ⇩Dividend Yield ⇩ROCE ⇩ROE ⇩Face Value ⇩
BITS Ltd 78.2 Cr. 6.99 18.7/6.45140 1.830.00 %1.09 %1.09 % 2.00
Welspun Investments & Commercials Ltd 462 Cr. 1,265 1,598/666146 2,0030.00 %0.83 %0.62 % 10.0
Arman Holdings Ltd 57.3 Cr. 110 115/58.0127 12.00.00 %0.16 %0.32 % 10.0
GKW Ltd 892 Cr. 1,494 2,262/1,375126 4,3320.00 %0.37 %0.75 % 10.0
Times Guaranty Ltd 260 Cr. 286 317/110110 53.10.00 %6.05 %5.04 % 10.0
Industry Average6,725.79 Cr1,029.6498.514,364.490.43%21.71%14.20%7.23

All Competitor Stocks of BITS Ltd

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales 0.200.210.210.210.230.240.250.270.310.300.310.340.39
Expenses 0.300.410.170.300.160.200.210.210.210.180.180.190.25
Operating Profit -0.10-0.200.04-0.090.070.040.040.060.100.120.130.150.14
OPM % -50.00%-95.24%19.05%-42.86%30.43%16.67%16.00%22.22%32.26%40.00%41.94%44.12%35.90%
Other Income -0.010.020.000.120.000.000.000.010.020.010.000.010.18
Interest 0.000.000.000.000.000.000.000.000.000.000.000.000.00
Depreciation 0.020.000.010.010.010.010.020.060.030.050.050.050.06
Profit before tax -0.13-0.180.030.020.060.030.020.010.090.080.080.110.26
Tax % 0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Net Profit -0.01-0.190.030.012.330.040.030.020.100.080.090.110.28
EPS in Rs -0.00-0.020.000.000.210.000.000.000.010.010.010.010.03

Last Updated: February 2, 2026, 8:16 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 27, 2026, 1:46 am

MetricMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 0.720.730.550.740.800.891.131.34
Expenses 0.610.680.540.681.030.730.800.80
Operating Profit 0.110.050.010.06-0.230.160.330.54
OPM % 15.28%6.85%1.82%8.11%-28.75%17.98%29.20%40.30%
Other Income 0.000.080.000.230.222.310.060.20
Interest 0.000.000.000.000.000.000.000.00
Depreciation 0.060.060.060.060.050.060.160.21
Profit before tax 0.050.07-0.050.23-0.062.410.230.53
Tax % 20.00%0.00%20.00%0.00%0.00%0.00%0.00%
Net Profit 0.040.07-0.060.23-0.062.410.230.56
EPS in Rs 0.000.01-0.010.02-0.010.220.020.06
Dividend Payout % 0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2019-20202020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)75.00%-185.71%483.33%-126.09%4116.67%-90.46%
Change in YoY Net Profit Growth (%)0.00%-260.71%669.05%-609.42%4242.75%-4207.12%

BITS Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 6 years from 2019-2020 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:%
5 Years:9%
3 Years:15%
TTM:28%
Compounded Profit Growth
10 Years:%
5 Years:26%
3 Years:%
TTM:-88%
Stock Price CAGR
10 Years:38%
5 Years:%
3 Years:%
1 Year:-12%
Return on Equity
10 Years:%
5 Years:3%
3 Years:4%
Last Year:1%

Last Updated: September 5, 2025, 2:41 pm

Balance Sheet

Last Updated: January 7, 2026, 5:07 pm

MonthMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 22.3822.3822.3822.3822.3822.3822.3822.38
Reserves -4.96-4.89-4.95-4.73-4.79-2.37-2.14-1.94
Borrowings 0.000.000.000.000.000.000.000.00
Other Liabilities 0.890.800.760.520.520.570.590.64
Total Liabilities 18.3118.2918.1918.1718.1120.5820.8321.08
Fixed Assets 1.991.941.881.891.852.687.557.98
CWIP 0.000.000.000.000.000.000.000.88
Investments 2.002.082.082.042.024.435.405.49
Other Assets 14.3214.2714.2314.2414.2413.477.886.73
Total Assets 18.3118.2918.1918.1718.1120.5820.8321.08

Reserves and Borrowings Chart

Cash Flow

MonthMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity + 0.04-0.040.00-0.160.161.026.55
Cash from Investing Activity + -0.060.000.000.200.03-0.98-6.68
Cash from Financing Activity + 0.000.000.000.000.000.000.00
Net Cash Flow -0.02-0.050.000.040.190.03-0.13
Free Cash Flow 0.02-0.040.00-0.230.150.141.52
CFO/OP 45%-80%100%-267%-70%638%1,985%

Free Cash Flow

MonthMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow0.110.050.010.06-0.230.160.33

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 0.000.000.009.8613.694.1045.22
Inventory Days
Days Payable
Cash Conversion Cycle 0.000.000.009.8613.694.1045.22
Working Capital Days -365.00-320.00-404.82-152.91-59.31-61.52-3.23
ROCE %0.40%-0.29%0.00%-1.19%12.66%1.09%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters 65.07%65.07%65.07%65.07%65.07%65.07%65.07%65.07%65.07%65.07%65.07%65.07%
DIIs 0.07%0.07%0.07%0.07%0.07%0.07%0.07%0.07%0.07%0.07%0.07%0.07%
Public 34.86%34.85%34.86%34.86%34.85%34.86%34.86%34.86%34.86%34.86%34.86%34.85%
No. of Shareholders 16,74116,73816,68816,55618,59720,63824,44034,92842,04642,41242,81843,493

Shareholding Pattern Chart

No. of Shareholders

BITS Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 2.002.002.002.002.00
Basic EPS (Rs.) 0.020.21-0.010.02-0.01
Diluted EPS (Rs.) 0.020.21-0.010.02-0.01
Cash EPS (Rs.) 0.030.010.000.020.00
Book Value[Excl.RevalReserv]/Share (Rs.) 1.811.791.571.581.56
Book Value[Incl.RevalReserv]/Share (Rs.) 1.811.791.571.581.56
Revenue From Operations / Share (Rs.) 0.100.070.070.060.04
PBDIT / Share (Rs.) 0.030.010.000.020.00
PBIT / Share (Rs.) 0.010.01-0.010.020.00
PBT / Share (Rs.) 0.010.01-0.010.020.00
Net Profit / Share (Rs.) 0.010.01-0.010.02-0.01
NP After MI And SOA / Share (Rs.) 0.020.21-0.010.02-0.01
PBDIT Margin (%) 32.6121.95-1.4838.810.90
PBIT Margin (%) 18.7615.80-7.4230.70-9.36
PBT Margin (%) 18.7615.28-7.4230.70-9.36
Net Profit Margin (%) 18.7615.28-7.4230.70-11.99
NP After MI And SOA Margin (%) 20.49269.58-7.6330.72-11.80
Return on Networth / Equity (%) 1.1412.06-0.341.29-0.37
Return on Capital Employeed (%) 1.020.69-0.331.29-0.29
Return On Assets (%) 1.1111.72-0.331.25-0.35
Asset Turnover Ratio (%) 0.050.040.040.040.03
Current Ratio (X) 1.521.460.670.474.43
Quick Ratio (X) 1.521.460.670.474.43
Interest Coverage Ratio (X) 0.0042.610.000.000.00
Interest Coverage Ratio (Post Tax) (X) 0.0030.660.000.000.00
Enterprise Value (Cr.) 161.0838.122.012.202.24
EV / Net Operating Revenue (X) 142.5542.612.502.964.08
EV / EBITDA (X) 437.13194.02-168.767.63452.22
MarketCap / Net Operating Revenue (X) 142.6742.882.793.024.09
Price / BV (X) 7.971.920.120.120.12
Price / Net Operating Revenue (X) 142.6742.982.793.024.10
EarningsYield 0.000.06-0.020.10-0.02

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

BITS Ltd. is a Public Limited Listed company incorporated on 27/11/1992 and has its registered office in the State of Delhi, India. Company's Corporate Identification Number(CIN) is L72200DL1992PLC241971 and registration number is 241971. Currently Company is involved in the business activities of Real estate activities with own or leased property. Company's Total Operating Revenue is Rs. 1.13 Cr. and Equity Capital is Rs. 22.38 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
Finance & Investments711, 7th Floor, New Delhi Delhi 110001Contact not found
Management
NamePosition Held
Mr. Ankit RathiChairman, Non Ind & Non Exe Director
Mr. Omprakash Ramashankar PathakManaging Director
Ms. RajniInd. Non-Executive Director
Mrs. Rolita GuptaInd. Non-Executive Director

FAQ

What is the intrinsic value of BITS Ltd and is it undervalued?

As of 11 April 2026, BITS Ltd's intrinsic value is ₹1.46, which is 79.11% lower than the current market price of ₹6.99, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (1.09 %), book value (₹1.83), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of BITS Ltd?

BITS Ltd is trading at ₹6.99 as of 11 April 2026, with a FY2026-2027 high of ₹18.7 and low of ₹6.45. The stock is currently near its 52-week low. Market cap stands at ₹78.2 Cr..

How does BITS Ltd's P/E ratio compare to its industry?

BITS Ltd has a P/E ratio of 140, which is above the industry average of 98.51. The premium over industry average may reflect growth expectations or speculative interest.

Is BITS Ltd financially healthy?

Key indicators for BITS Ltd: ROCE of 1.09 % is on the lower side compared to the industry average of 21.71%; ROE of 1.09 % is below ideal levels (industry average: 14.20%). Dividend yield is 0.00 %.

Is BITS Ltd profitable and how is the profit trend?

BITS Ltd reported a net profit of ₹0 Cr in Mar 2025 on revenue of ₹1 Cr. Compared to ₹0 Cr in Mar 2022, the net profit shows a mixed trend.

Does BITS Ltd pay dividends?

BITS Ltd has a dividend yield of 0.00 % at the current price of ₹6.99. The company is currently not paying meaningful dividends.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in BITS Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE
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