Bhandari Hosiery Exports Ltd
Incorporated in 1994, Bhandari Hosiery Exports Ltd is in the business of textiles and garment manufacturing[1]
- Market Cap ₹ 130 Cr.
- Current Price ₹ 3.00
- High / Low ₹ 5.57 / 2.00
- Stock P/E 16.7
- Book Value ₹ 4.24
- Dividend Yield 0.67 %
- ROCE 7.74 %
- ROE 4.62 %
- Face Value ₹ 1.00
Pros
- Stock is trading at 0.71 times its book value
- Promoter holding has increased by 10.8% over last quarter.
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 4.46% over past five years.
- Company has a low return on equity of 5.67% over last 3 years.
* 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
Consumer Discretionary Textiles Textiles & Apparels Other Textile Products
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 125 | 198 | 214 | 248 | 266 | 277 | 225 | 283 | 282 | 266 | 278 | 280 | |
| 117 | 183 | 201 | 231 | 246 | 255 | 207 | 260 | 259 | 241 | 250 | 253 | |
| Operating Profit | 8 | 15 | 13 | 17 | 20 | 21 | 18 | 23 | 23 | 25 | 28 | 28 |
| OPM % | 6% | 8% | 6% | 7% | 7% | 8% | 8% | 8% | 8% | 9% | 10% | 10% |
| -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 0 | 0 | 0 | |
| Interest | 4 | 7 | 5 | 7 | 9 | 10 | 11 | 10 | 10 | 11 | 11 | 11 |
| Depreciation | 1 | 3 | 3 | 4 | 4 | 5 | 5 | 5 | 5 | 5 | 7 | 7 |
| Profit before tax | 3 | 5 | 5 | 6 | 6 | 6 | 2 | 7 | 8 | 9 | 10 | 10 |
| Tax % | 27% | 26% | 20% | 16% | 15% | 15% | 21% | 8% | 17% | 25% | 24% | 26% |
| 2 | 4 | 4 | 5 | 5 | 5 | 2 | 6 | 7 | 7 | 8 | 8 | |
| EPS in Rs | 0.05 | 0.09 | 0.10 | 0.11 | 0.12 | 0.12 | 0.04 | 0.15 | 0.15 | 0.15 | 0.18 | 0.18 |
| Dividend Payout % | 7% | 4% | 3% | 3% | 3% | 3% | 9% | 2% | 2% | -0% | -0% | 4% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 4% |
| 3 Years: | 0% |
| TTM: | 1% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 35% |
| 3 Years: | 6% |
| TTM: | 1% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 1% |
| 5 Years: | 4% |
| 3 Years: | -8% |
| 1 Year: | -38% |
| Return on Equity | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 6% |
| 3 Years: | 6% |
| Last Year: | 5% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 16 | 24 | 33 |
| Reserves | 37 | 40 | 44 | 49 | 54 | 59 | 61 | 67 | 72 | 83 | 129 | 150 |
| 47 | 55 | 73 | 82 | 87 | 105 | 108 | 103 | 104 | 122 | 102 | 106 | |
| 17 | 15 | 17 | 26 | 24 | 26 | 24 | 33 | 24 | 29 | 20 | 28 | |
| Total Liabilities | 116 | 125 | 149 | 172 | 180 | 205 | 207 | 218 | 216 | 251 | 276 | 318 |
| 44 | 41 | 46 | 56 | 53 | 65 | 60 | 56 | 52 | 79 | 74 | 69 | |
| CWIP | 0 | 0 | 1 | 0 | 1 | 0 | 2 | -0 | 1 | -0 | -0 | -0 |
| Investments | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
| 72 | 84 | 103 | 115 | 126 | 140 | 145 | 162 | 162 | 172 | 202 | 249 | |
| Total Assets | 116 | 125 | 149 | 172 | 180 | 205 | 207 | 218 | 216 | 251 | 276 | 318 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -3 | -7 | -6 | 2 | -3 | -2 | -0 | 4 | 12 | 10 | -25 | -7 | |
| -15 | -0 | -9 | -14 | -2 | -17 | -2 | 1 | -3 | -23 | 45 | -1 | |
| 17 | 8 | 14 | 13 | 5 | 18 | 3 | -5 | -10 | 12 | -20 | 27 | |
| Net Cash Flow | -1 | 1 | -1 | 1 | -0 | -1 | 1 | 0 | -0 | -1 | -0 | 19 |
| Free Cash Flow | -18 | -8 | -14 | -12 | -5 | -19 | -2 | 5 | 10 | -21 | -27 | -9 |
| CFO/OP | -34% | -41% | -39% | 13% | -13% | -7% | 1% | 21% | 59% | 47% | -81% | -17% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 57 | 56 | 72 | 68 | 58 | 70 | 83 | 89 | 89 | 81 | 116 | 119 |
| Inventory Days | 166 | 101 | 96 | 105 | 117 | 121 | 159 | 125 | 137 | 157 | 152 | 174 |
| Days Payable | 47 | 21 | 21 | 25 | 19 | 18 | 18 | 20 | 22 | 33 | 19 | 32 |
| Cash Conversion Cycle | 176 | 136 | 146 | 147 | 156 | 173 | 224 | 194 | 204 | 205 | 250 | 262 |
| Working Capital Days | 78 | 59 | 51 | 53 | 61 | 60 | 87 | 81 | 79 | 90 | 140 | 156 |
| ROCE % | 8% | 12% | 8% | 10% | 10% | 10% | 7% | 9% | 10% | 10% | 9% | 8% |
Insights
In beta| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Fabric Dyeing & Processing Capacity Tons Per Day (TPD) |
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| Garment Production Volume Pieces |
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| Export Sales Value Rs. Lacs |
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| Gross Current Assets (GCA) Days Days |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
30 May - Please find attached copies of newspaper publication for the Financial Results for the quarter and year ended 31.03.2026.
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OUTCOME OF BOARD MEETING
29 May - Board approved FY2026 audited results, recommended Re 0.01 dividend, and appointed internal auditor.
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Corporate Action-Board approves Dividend
29 May - Board approved FY26 audited results, recommended 1% final dividend, and appointed internal auditor for FY27.
- RESULTS - FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED 31.03.2026 29 May
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Board Meeting Intimation for Intimation Of Board Meeting Under Regulation 29(A) Of SEBI (LODR) Regulations, 2015.
21 May - Board meeting on 29 May 2026 to approve FY26 audited results and consider final dividend.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
from bse
Business Overview:[1][2]
Incorporated in 1994, BHEL manufactures high-fashion knitted garments at its unit in Ludhiana, Punjab. Mr Naresh Bhandari and Mr Nitin Bhandari manage operations. Company is a part of the Bhandari group. It is a fully integrated textile company that specializes in circular knitted manufacturing. BHEL is engaged in the design, development, knitting, dyeing, finishing, and garmenting and provides fashion supply for retailers and brands worldwide.