Bhandari Hosiery Exports Ltd
Company is engaged in textiles business. Business activities includes design and development to knitting, dyeing, finishing of fabrics and garments. Company has manufacturing unit in Ludhiana. [1]
- Market Cap ₹ 106 Cr.
- Current Price ₹ 7.20
- High / Low ₹ 15.0 / 2.35
- Stock P/E 18.2
- Book Value ₹ 5.36
- Dividend Yield 0.14 %
- ROCE 7.14 %
- ROE 2.32 %
- Face Value ₹ 1.00
Pros
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 2.59% over past five years.
- Promoter holding is low: 24.95%
- Company has a low return on equity of 5.85% for 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
Sector: Textiles Industry: Textiles - Products
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
84 | 90 | 97 | 95 | 110 | 125 | 198 | 214 | 248 | 266 | 277 | 225 | 267 | |
80 | 85 | 88 | 87 | 102 | 117 | 183 | 201 | 231 | 246 | 255 | 207 | 245 | |
Operating Profit | 5 | 5 | 9 | 8 | 8 | 8 | 15 | 13 | 17 | 20 | 21 | 18 | 23 |
OPM % | 6% | 6% | 9% | 9% | 7% | 6% | 8% | 6% | 7% | 7% | 8% | 8% | 8% |
0 | 0 | -0 | 0 | 0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Interest | 2 | 2 | 4 | 3 | 4 | 4 | 7 | 5 | 7 | 9 | 10 | 11 | 11 |
Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 4 | 4 | 5 | 5 | 6 |
Profit before tax | 2 | 2 | 5 | 4 | 3 | 3 | 5 | 5 | 6 | 6 | 6 | 2 | 7 |
Tax % | 35% | 30% | 32% | 34% | 29% | 27% | 26% | 20% | 16% | 15% | 15% | 21% | |
Net Profit | 1 | 1 | 3 | 3 | 2 | 2 | 4 | 4 | 5 | 5 | 5 | 2 | 6 |
EPS in Rs | 0.11 | 0.14 | 0.30 | 0.20 | 0.14 | 0.15 | 0.28 | 0.29 | 0.34 | 0.37 | 0.36 | 0.11 | 0.40 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 7% | 4% | 3% | 3% | 3% | 3% | 9% |
Compounded Sales Growth | |
---|---|
10 Years: | 10% |
5 Years: | 3% |
3 Years: | -3% |
TTM: | 12% |
Compounded Profit Growth | |
---|---|
10 Years: | 4% |
5 Years: | -16% |
3 Years: | -30% |
TTM: | 2321% |
Stock Price CAGR | |
---|---|
10 Years: | 7% |
5 Years: | 25% |
3 Years: | 56% |
1 Year: | 200% |
Return on Equity | |
---|---|
10 Years: | 7% |
5 Years: | 7% |
3 Years: | 6% |
Last Year: | 2% |
Balance Sheet
Figures in Rs. Crores
Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Sep 2021 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
7 | 10 | 10 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | |
Reserves | 12 | 11 | 14 | 33 | 35 | 37 | 40 | 44 | 49 | 54 | 59 | 61 | 64 |
Borrowings | 18 | 18 | 21 | 23 | 29 | 47 | 55 | 73 | 82 | 87 | 105 | 108 | 116 |
8 | 15 | 11 | 14 | 10 | 17 | 15 | 17 | 26 | 24 | 26 | 24 | 15 | |
Total Liabilities | 46 | 55 | 56 | 85 | 88 | 116 | 125 | 149 | 172 | 180 | 205 | 207 | 209 |
11 | 11 | 10 | 21 | 20 | 44 | 41 | 46 | 56 | 53 | 65 | 60 | 60 | |
CWIP | 0 | 0 | 0 | 12 | 9 | 0 | 0 | 1 | 0 | 1 | 0 | 2 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
35 | 44 | 46 | 51 | 58 | 72 | 84 | 103 | 115 | 126 | 140 | 145 | 149 | |
Total Assets | 46 | 55 | 56 | 85 | 88 | 116 | 125 | 149 | 172 | 180 | 205 | 207 | 209 |
Cash Flows
Figures in Rs. Crores
Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-3 | 4 | -7 | 0 | 0 | -3 | -7 | -6 | 2 | -3 | -2 | -0 | |
-0 | -1 | 1 | 0 | 0 | -15 | -0 | -9 | -14 | -2 | -17 | -2 | |
3 | 0 | 2 | 0 | 0 | 17 | 8 | 14 | 13 | 5 | 18 | 3 | |
Net Cash Flow | 0 | 3 | -4 | 0 | 0 | -1 | 1 | -1 | 1 | -0 | -1 | 1 |
Ratios
Figures in Rs. Crores
Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 25 | 14 | 28 | 39 | 50 | 57 | 56 | 72 | 68 | 58 | 70 | 83 |
Inventory Days | 157 | 189 | 183 | 181 | 156 | 166 | 101 | 96 | 105 | 117 | 121 | 159 |
Days Payable | 31 | 66 | 39 | 53 | 25 | 47 | 21 | 21 | 25 | 19 | 18 | 18 |
Cash Conversion Cycle | 151 | 138 | 172 | 167 | 181 | 176 | 136 | 146 | 147 | 156 | 173 | 224 |
Working Capital Days | 120 | 106 | 136 | 149 | 166 | 166 | 130 | 132 | 134 | 143 | 153 | 200 |
ROCE % | 11% | 11% | 20% | 12% | 9% | 8% | 12% | 8% | 10% | 10% | 10% | 7% |
Documents
Announcements
- Board to consider Dividend 21h
- Board Meeting Intimation for Intimation Of Board Meeting Under Regulation 29(A) Of SEBI (LODR) Regulations, 2015. 21h
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 29 Apr
- Compliance Certificate From Practicing Company Secretary Under Regulation 40(9) Read With 61(4) Of SEBI (Listing Obligations And Disclosures Requirement) Regulations, 2015. 29 Apr
- Intimation Under Regulation 7(3) Of The SEBI (LODR) Regulations, 2015 For The Period From 01St April, 2021 To 31St March, 2022 (Both Days Inclusive). 19 Apr
Annual reports
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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
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Financial Year 2010
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Business Divisions
Fabrics: This division manufactures Circular Knitted Natural & Synthetic Fabrics, Open & Tubular width Fabrics and Specialised Finished Fabrics in Teflon, Stain Resistance, Viscose and Lycra.
Garments: This division looks after exports and domestic sales of Womens, Mens and Kids wear. It manufactures knitted hosiery garments such as T- Shirts, Pullovers, Sweat Shirts, Bermudas, Polo Shirts, Track Suits, Pajamas, Lowers, Ladies Knitted Tops [1]