Banaras Beads Ltd
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]
- Market Cap ₹ 62.7 Cr.
- Current Price ₹ 94.4
- High / Low ₹ 120 / 80.0
- Stock P/E 24.6
- Book Value ₹ 81.9
- Dividend Yield 2.11 %
- ROCE 7.62 %
- ROE 4.86 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 1.15 times its book value
- Company has been maintaining a healthy dividend payout of 32.4%
Cons
- The company has delivered a poor sales growth of 2.55% over past five years.
- Company has a low return on equity of 4.80% over last 3 years.
- Earnings include an other income of Rs.2.38 Cr.
- Debtor days have increased from 66.1 to 83.9 days.
* 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.
Peer comparison
Sector: Glass & Glass Products Industry: Glass & Glass Products
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
33.86 | 27.68 | 26.57 | 23.57 | 24.74 | 27.32 | 23.78 | 17.31 | 25.78 | 20.47 | 25.12 | 26.97 | 28.35 | |
28.30 | 23.62 | 21.79 | 19.59 | 21.98 | 23.58 | 20.50 | 14.74 | 21.91 | 17.12 | 21.97 | 23.33 | 25.07 | |
Operating Profit | 5.56 | 4.06 | 4.78 | 3.98 | 2.76 | 3.74 | 3.28 | 2.57 | 3.87 | 3.35 | 3.15 | 3.64 | 3.28 |
OPM % | 16.42% | 14.67% | 17.99% | 16.89% | 11.16% | 13.69% | 13.79% | 14.85% | 15.01% | 16.37% | 12.54% | 13.50% | 11.57% |
1.56 | 1.67 | 1.22 | 1.19 | 6.30 | 1.32 | 0.96 | 0.84 | 0.82 | 1.48 | 2.19 | 1.80 | 2.38 | |
Interest | 0.32 | 0.81 | 1.04 | 0.19 | 0.67 | 0.15 | 0.08 | 0.30 | 0.11 | 0.20 | 0.25 | 0.79 | 0.83 |
Depreciation | 0.83 | 0.89 | 1.46 | 2.35 | 2.13 | 2.10 | 1.84 | 1.52 | 1.35 | 1.46 | 1.28 | 1.23 | 1.41 |
Profit before tax | 5.97 | 4.03 | 3.50 | 2.63 | 6.26 | 2.81 | 2.32 | 1.59 | 3.23 | 3.17 | 3.81 | 3.42 | 3.42 |
Tax % | 20.77% | 17.87% | 26.29% | 38.78% | 30.99% | 40.57% | 40.52% | 27.67% | 27.55% | 24.61% | 23.36% | 25.44% | |
4.73 | 3.31 | 2.58 | 1.61 | 4.32 | 1.67 | 1.38 | 1.16 | 2.34 | 2.39 | 2.92 | 2.54 | 2.55 | |
EPS in Rs | 7.13 | 4.99 | 3.89 | 2.43 | 6.51 | 2.52 | 2.08 | 1.75 | 3.53 | 3.60 | 4.40 | 3.83 | 3.85 |
Dividend Payout % | 55.90% | 49.92% | 51.24% | 41.06% | 38.25% | 39.58% | -0.00% | -0.00% | -0.00% | -0.00% | 45.27% | 52.05% |
Compounded Sales Growth | |
---|---|
10 Years: | 0% |
5 Years: | 3% |
3 Years: | 2% |
TTM: | 22% |
Compounded Profit Growth | |
---|---|
10 Years: | -3% |
5 Years: | 13% |
3 Years: | 2% |
TTM: | 0% |
Stock Price CAGR | |
---|---|
10 Years: | 11% |
5 Years: | 12% |
3 Years: | 24% |
1 Year: | 15% |
Return on Equity | |
---|---|
10 Years: | 4% |
5 Years: | 4% |
3 Years: | 5% |
Last Year: | 5% |
Balance Sheet
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 6.61 |
Reserves | 30.29 | 31.45 | 32.50 | 33.25 | 35.57 | 37.01 | 37.60 | 38.75 | 41.05 | 43.43 | 45.02 | 46.22 | 47.76 |
6.37 | 4.81 | 0.44 | 14.94 | 5.09 | 1.10 | 1.90 | 0.84 | -0.00 | 4.33 | 5.80 | 0.29 | 1.35 | |
3.90 | 3.32 | 5.34 | 3.86 | 5.21 | 3.07 | 2.74 | 1.91 | 2.16 | 1.72 | 2.34 | 2.79 | 4.42 | |
Total Liabilities | 47.17 | 46.19 | 44.89 | 58.66 | 52.48 | 47.79 | 48.85 | 48.11 | 49.82 | 56.09 | 59.77 | 55.91 | 60.14 |
4.95 | 11.07 | 14.10 | 14.13 | 13.78 | 12.61 | 11.26 | 9.80 | 19.35 | 18.16 | 8.62 | 8.75 | 8.30 | |
CWIP | 2.88 | 1.70 | 0.14 | -0.00 | -0.00 | -0.00 | 8.84 | 9.04 | -0.00 | -0.00 | 0.38 | 0.25 | 0.45 |
Investments | 0.57 | 0.12 | 0.11 | 6.19 | 3.67 | 3.19 | 3.12 | 3.15 | 4.89 | 3.12 | 3.13 | 3.04 | 3.25 |
38.77 | 33.30 | 30.54 | 38.34 | 35.03 | 31.99 | 25.63 | 26.12 | 25.58 | 34.81 | 47.64 | 43.87 | 48.14 | |
Total Assets | 47.17 | 46.19 | 44.89 | 58.66 | 52.48 | 47.79 | 48.85 | 48.11 | 49.82 | 56.09 | 59.77 | 55.91 | 60.14 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
3.16 | -3.47 | 7.55 | 1.00 | 2.72 | 5.49 | 4.43 | 0.33 | 3.64 | -9.31 | -4.00 | -4.45 | |
-0.75 | 8.04 | -1.75 | -7.34 | 3.79 | 0.72 | -8.37 | 0.51 | -2.85 | 2.89 | 10.06 | 0.95 | |
-1.71 | -4.72 | -4.58 | 12.87 | -12.96 | -4.06 | 0.08 | -1.14 | -0.90 | 4.27 | -0.10 | -7.62 | |
Net Cash Flow | 0.70 | -0.15 | 1.22 | 6.53 | -6.45 | 2.15 | -3.86 | -0.30 | -0.11 | -2.15 | 5.97 | -11.12 |
Ratios
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 14.34 | 13.32 | 9.07 | 8.52 | 19.77 | 9.62 | 12.13 | 14.76 | 4.11 | 47.79 | 66.69 | 83.91 |
Inventory Days | 153.35 | 510.31 | 300.16 | 550.47 | 468.58 | 317.59 | 442.72 | 857.06 | 482.69 | |||
Days Payable | 10.25 | 23.00 | 15.84 | 11.46 | 31.57 | 23.01 | 10.70 | 16.82 | 5.54 | |||
Cash Conversion Cycle | 157.43 | 500.62 | 293.38 | 547.53 | 456.78 | 304.20 | 444.15 | 855.01 | 481.25 | 47.79 | 66.69 | 83.91 |
Working Capital Days | 123.21 | 243.55 | 173.91 | 241.27 | 262.02 | 213.63 | 215.65 | 329.58 | 211.38 | 412.61 | 382.15 | 374.88 |
ROCE % | 12.98% | 11.28% | 11.02% | 5.96% | 4.21% | 6.26% | 5.26% | 4.09% | 7.31% | 6.23% | 6.28% | 7.62% |
Documents
Announcements
- Certificate Under Regulation 40(9) Read With Regulation 40(10) Of The SEBI (Listing Obligation And Disclosure Reequipments) Regulations, 2015 For The Year Ended 31St March, 2024. 16 Apr
- Compliance Certificate Pursuant To Regulation 7 (3) Of The SEBI (LODR) Regulations, 2015. 13 Apr
- Shareholder Meeting / Postal Ballot-Outcome of AGM 8 Apr
-
Announcement under Regulation 30 (LODR)-Raising of Funds
5 Apr - Disclosure to SEBI circular No. SEBI/HO/DDHS/CIR/P/2018/144 for fund raising by issuance of debt securities by large entities
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 5 Apr
Annual reports
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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
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Financial Year 2011
from bse
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Financial Year 2010
from bse
Concalls
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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