Banaras Beads Ltd
₹ 121
-1.88%
04 Feb
- close price
About
Incorporated in 1980, Banaras Beads Ltd is in the business of Manufacturing and export of Handicraft items like Glass Beads; Necklaces, Imitation Jewelry, etc.[1]
Key Points
- Market Cap ₹ 80.6 Cr.
- Current Price ₹ 121
- High / Low ₹ 172 / 97.0
- Stock P/E 42.6
- Book Value ₹ 85.1
- Dividend Yield 1.85 %
- ROCE 7.76 %
- ROE 5.61 %
- Face Value ₹ 10.0
Pros
- Company has been maintaining a healthy dividend payout of 49.4%
- Debtor days have improved from 76.4 to 59.0 days.
Cons
- The company has delivered a poor sales growth of 4.13% over past five years.
- Company has a low return on equity of 5.21% over last 3 years.
- Earnings include an other income of Rs.1.64 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 26.57 | 23.57 | 24.74 | 27.32 | 23.78 | 17.31 | 25.78 | 20.47 | 25.12 | 26.97 | 28.22 | 31.56 | 26.18 | |
| 21.79 | 19.59 | 21.98 | 23.58 | 20.50 | 14.74 | 21.91 | 17.12 | 21.97 | 23.33 | 25.58 | 27.43 | 22.91 | |
| Operating Profit | 4.78 | 3.98 | 2.76 | 3.74 | 3.28 | 2.57 | 3.87 | 3.35 | 3.15 | 3.64 | 2.64 | 4.13 | 3.27 |
| OPM % | 17.99% | 16.89% | 11.16% | 13.69% | 13.79% | 14.85% | 15.01% | 16.37% | 12.54% | 13.50% | 9.36% | 13.09% | 12.49% |
| 1.22 | 1.19 | 6.30 | 1.32 | 0.96 | 0.84 | 0.82 | 1.48 | 2.19 | 1.80 | 2.45 | 1.99 | 1.64 | |
| Interest | 1.04 | 0.19 | 0.67 | 0.15 | 0.08 | 0.30 | 0.11 | 0.20 | 0.25 | 0.79 | 0.26 | 0.67 | 0.84 |
| Depreciation | 1.46 | 2.35 | 2.13 | 2.10 | 1.84 | 1.52 | 1.35 | 1.46 | 1.28 | 1.23 | 1.15 | 1.39 | 1.56 |
| Profit before tax | 3.50 | 2.63 | 6.26 | 2.81 | 2.32 | 1.59 | 3.23 | 3.17 | 3.81 | 3.42 | 3.68 | 4.06 | 2.51 |
| Tax % | 26.29% | 38.78% | 30.99% | 40.57% | 40.52% | 27.67% | 27.55% | 24.61% | 23.36% | 25.44% | 25.27% | 23.89% | |
| 2.58 | 1.61 | 4.32 | 1.67 | 1.38 | 1.16 | 2.34 | 2.39 | 2.92 | 2.54 | 2.75 | 3.09 | 1.89 | |
| EPS in Rs | 3.89 | 2.43 | 6.51 | 2.52 | 2.08 | 1.75 | 3.53 | 3.60 | 4.40 | 3.83 | 4.14 | 4.66 | 2.84 |
| Dividend Payout % | 51.24% | 41.06% | 38.25% | 39.58% | 0.00% | 0.00% | 0.00% | 0.00% | 45.27% | 52.05% | 48.07% | 48.13% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | 4% |
| 3 Years: | 8% |
| TTM: | -21% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 5% |
| 3 Years: | 7% |
| TTM: | -41% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 16% |
| 3 Years: | 13% |
| 1 Year: | -8% |
| Return on Equity | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 5% |
| 3 Years: | 5% |
| Last Year: | 6% |
Balance Sheet
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 6.61 | 6.61 | 6.61 | 6.61 | 6.61 | 6.61 | 6.61 | 6.61 | 6.61 | 6.61 | 6.61 | 6.61 | 6.62 |
| Reserves | 32.50 | 33.25 | 35.57 | 37.01 | 37.60 | 38.75 | 41.05 | 43.43 | 45.02 | 46.22 | 47.63 | 49.23 | 49.88 |
| 0.44 | 14.94 | 5.09 | 1.10 | 1.90 | 0.84 | 0.00 | 4.33 | 5.80 | 0.29 | 3.29 | 8.58 | 15.52 | |
| 5.34 | 3.86 | 5.21 | 3.07 | 2.74 | 1.91 | 2.16 | 1.72 | 2.34 | 2.79 | 2.28 | 2.21 | 2.00 | |
| Total Liabilities | 44.89 | 58.66 | 52.48 | 47.79 | 48.85 | 48.11 | 49.82 | 56.09 | 59.77 | 55.91 | 59.81 | 66.63 | 74.02 |
| 14.10 | 14.13 | 13.78 | 12.61 | 11.26 | 9.80 | 19.35 | 18.16 | 8.62 | 8.75 | 8.44 | 10.17 | 16.55 | |
| CWIP | 0.14 | 0.00 | 0.00 | 0.00 | 8.84 | 9.04 | 0.00 | 0.00 | 0.38 | 0.25 | 0.45 | 0.00 | 0.00 |
| Investments | 0.11 | 6.19 | 3.67 | 3.19 | 3.12 | 3.15 | 4.89 | 3.12 | 3.13 | 3.04 | 3.03 | 2.98 | 2.98 |
| 30.54 | 38.34 | 35.03 | 31.99 | 25.63 | 26.12 | 25.58 | 34.81 | 47.64 | 43.87 | 47.89 | 53.48 | 54.49 | |
| Total Assets | 44.89 | 58.66 | 52.48 | 47.79 | 48.85 | 48.11 | 49.82 | 56.09 | 59.77 | 55.91 | 59.81 | 66.63 | 74.02 |
Cash Flows
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 7.55 | 1.00 | 2.72 | 5.49 | 4.43 | 0.33 | 3.64 | -9.31 | -4.00 | -4.45 | -3.47 | 4.97 | |
| -1.75 | -7.34 | 3.79 | 0.72 | -8.37 | 0.51 | -2.85 | 2.89 | 10.06 | 0.95 | 12.94 | -17.14 | |
| -4.58 | 12.87 | -12.96 | -4.06 | 0.08 | -1.14 | -0.90 | 4.27 | -0.10 | -7.62 | 1.42 | 3.14 | |
| Net Cash Flow | 1.22 | 6.53 | -6.45 | 2.15 | -3.86 | -0.30 | -0.11 | -2.15 | 5.97 | -11.12 | 10.88 | -9.02 |
Ratios
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 9.07 | 8.52 | 19.77 | 9.62 | 12.13 | 14.76 | 4.11 | 47.79 | 66.69 | 83.91 | 86.40 | 58.98 |
| Inventory Days | 300.16 | 550.47 | 468.58 | 317.59 | 442.72 | 857.06 | 482.69 | |||||
| Days Payable | 15.84 | 11.46 | 31.57 | 23.01 | 10.70 | 16.82 | 5.54 | |||||
| Cash Conversion Cycle | 293.38 | 547.53 | 456.78 | 304.20 | 444.15 | 855.01 | 481.25 | 47.79 | 66.69 | 83.91 | 86.40 | 58.98 |
| Working Capital Days | 167.87 | 9.91 | 186.93 | 198.93 | 186.49 | 311.86 | 211.38 | 335.40 | 297.87 | 370.95 | 385.18 | 262.76 |
| ROCE % | 11.02% | 5.96% | 4.21% | 6.26% | 5.26% | 4.09% | 7.31% | 6.23% | 6.28% | 7.62% | 7.09% | 7.76% |
Documents
Announcements
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Specimen Copy Of Notice Sent To Members About Forfeiture Of Shares Who Failed To Pay Allotment/ Call Money Including Premium Amounts
2d - Board forfeited 38,700 partly paid shares (387 shareholders) on Jan 29, 2026 for unpaid dues (Rs193,500).
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Announcement under Regulation 30 (LODR)-Newspaper Publication
30 Jan - Published copy of Un-audited Financial Result for quarter and nine months ended 31.12.2025.
- Corporate Action-Intimation of Capital Reduction 30 Jan
-
Result Presentation For Quarter Ended 31.12.2025 (Standalone Financial Performance).
29 Jan - Q3 FY26 standalone: Revenue Rs772.48l, PAT Rs57.90l; Q3 revenue +53% QoQ, 9M revenue down 22%.
-
Statement Of Deviation And Variation As Per Clause 32 (1), (2) And (3) For The Quarter Ended 31St December 2025 Under The SEBI (Listing Obligation And Disclosure Requirements), 2015
29 Jan - Banaras Beads files deviation statement for quarter ended 31-Dec-2025; no funds raised since 1995; reviewed 29-Jan-2026.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2012
from nse
Concalls
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Nov 2024TranscriptPPT
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Jun 2024TranscriptPPT
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Feb 2024TranscriptPPT
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Dec 2022Transcript PPT
Product Profile:[1][2]
Glass Beads, Fashion Jewelry & Accessories, Beads made from Clay, Brass, Aluminum,
Copper, Resin, Ceramics, Horn, Bone, Semiprecious stones, Agate, Lac, Hand
Painted Beads, Spray Painted Beads, etc. The company also trades in Leather Cords,
Cotton Wax cords & Misc. Handicraft
Products