Bhandari Hosiery Exports Ltd

Bhandari Hosiery Exports Ltd

₹ 2.25 -7.02%
27 Mar - close price
About

Incorporated in 1994, Bhandari Hosiery Exports Ltd is in the business of textiles and garment manufacturing[1]

Key Points

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.

  • Market Cap 97.2 Cr.
  • Current Price 2.25
  • High / Low 5.82 / 2.16
  • Stock P/E 221
  • Book Value
  • Dividend Yield 0.89 %
  • ROCE 8.79 %
  • ROE 4.35 %
  • Face Value 1.00

Pros

  • Debtor days have improved from 35.7 to 28.3 days.
  • Promoter holding has increased by 10.8% over last quarter.

Cons

  • Earnings include an other income of Rs.1.60 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

Consolidated Figures in Rs. Crores / View Standalone

Operating Profit
OPM %
Interest
Depreciation
Profit before tax
Tax %
EPS in Rs
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2003 Mar 2004
15.44 21.03
15.37 21.10
Operating Profit 0.07 -0.07
OPM % 0.45% -0.33%
1.17 1.60
Interest 0.48 0.51
Depreciation 0.31 0.37
Profit before tax 0.45 0.65
Tax % 33.33% 32.31%
0.30 0.44
EPS in Rs
Dividend Payout % 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 36%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 47%
Stock Price CAGR
10 Years: -3%
5 Years: 5%
3 Years: -11%
1 Year: -45%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 4%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2003 Mar 2004
Equity Capital 4.56 4.56
Reserves 7.23 3.90
3.06 3.09
3.73 4.35
Total Liabilities 18.58 15.90
6.76 6.50
CWIP 0.00 0.00
Investments 3.75 0.00
8.07 9.40
Total Assets 18.58 15.90

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2003 Mar 2004
Net Cash Flow
Free Cash Flow
CFO/OP

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2003 Mar 2004
Debtor Days 43.02 28.29
Inventory Days 182.92 235.48
Days Payable 0.00 0.00
Cash Conversion Cycle 225.94 263.77
Working Capital Days 102.12 90.95
ROCE % 8.79%

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) ・Standalone data

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Garment Production Volume
Pieces ・Standalone data
Export Sales Value
Rs. Lacs ・Standalone data
Gross Current Assets (GCA) Days
Days ・Standalone data

Shareholding Pattern

Numbers in percentages

1 Recently
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
24.95% 24.95% 27.63% 27.63% 27.63% 31.02% 31.02% 31.01% 31.01% 31.01% 31.01% 41.83%
0.00% 0.01% 0.00% 0.01% 0.00% 0.00% 0.12% 0.00% 0.00% 0.00% 0.00% 0.00%
75.06% 75.04% 72.37% 72.36% 72.38% 68.97% 68.86% 68.98% 68.98% 68.99% 68.99% 58.17%
No. of Shareholders 57,49778,85779,03385,22788,11994,8721,00,8951,01,6261,02,2501,00,76999,00798,641

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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