What is Banaras Beads share price return in the past 10 years?

Banaras Beads Ltd share price has appreciated 10.8% annually (CAGR) over the past ten years.

Banaras Beads Ltd - Stock Valuation and Financial Performance

Name: Banaras Beads
Brand: Banaras Beads

BSE: 526849 | NSE: BANARBEADS | Glass | Small Cap

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Banaras Beads Share Price

₹93.45 -0.10 -0.11%
as on 19-Apr'24 16:01

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Data

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Banaras Beads stock performance -

PE Chart Key Ratios

P/E Ratio (SA):

24.25

Market Cap:

62 Cr.

52-wk low:

79.1

52-wk high:

119

Is Banaras Beads Ltd an attractive stock to invest in?

1. Is Banaras Beads Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Banaras Beads Ltd is a below average quality company.

2. Is Banaras Beads Ltd undervalued or overvalued?

The key valuation ratios of Banaras Beads Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Banaras Beads Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Banaras Beads Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Banaras Beads:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
ROCE % ⓘ	8.3%	3.7%	2.8%	3.7%	3.1%	3.1%	5.3%	4.7%	4.9%	5.6%	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	26.6	23.6	24.7	27.3	23.8	17.3	25.8	20.5	25.1	27	28
Sales YoY Gr.	-	-11.3%	5%	10.4%	-13%	-27.2%	48.9%	-20.6%	22.7%	7.4%	-
Adj EPS ⓘ	4.1	2.4	1.5	2.4	2.1	1.8	3.6	3.4	3.8	3.8	3.9
YoY Gr.	-	-40.8%	-39.4%	66.4%	-14.8%	-11.6%	98.4%	-6.3%	12.4%	0.3%	-
BVPS (₹) ⓘ	59.1	60.3	63.8	66	66.9	68.6	72.1	75.7	78.1	79.9	82.7
Adj Net Profit ⓘ	2.7	1.6	1	1.6	1.4	1.2	2.4	2.3	2.5	2.5	3
Cash Flow from Ops. ⓘ	7.6	1	2.7	5.5	4.4	0.3	3.6	-9.3	-4	-4.5	-
Debt/CF from Ops. ⓘ	0.1	15	1.9	0.2	0.4	2.5	0	-0.5	-1.5	-0.1	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	0.2%	2.6%	1.5%	7.4%
Adj EPS ⓘ	-0.7%	13.1%	1.8%	0.3%
BVPSⓘ	3.4%	3.6%	3.5%	2.3%
Share Price	10.8%	16.5%	25.7%	16.6%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
Return on Equity % ⓘ	7	4	2.4	3.8	3.1	2.7	5.2	4.6	5	4.9	4.7
Op. Profit Mgn % ⓘ	18.6	16.9	11.2	13.7	13.8	15.4	15.1	16.4	12.5	13.5	11.6
Net Profit Mgn % ⓘ	10.2	6.8	3.9	5.9	5.8	7	9.3	11	10.1	9.4	9
Debt to Equity ⓘ	0	0.4	0.1	0	0	0	0	0.1	0.1	0	-
Working Cap Days ⓘ	296	315	334	290	276	363	246	408	465	529	167
Cash Conv. Cycle ⓘ	162	183	205	168	198	302	181	230	269	337	148

Recent Performance Summary

Sales growth is good in last 4 quarters at 26.63%

Return on Equity has declined versus last 3 years average to 4.70%

Sales growth has been subdued in last 3 years 1.52%

Net Profit has been subdued in last 3 years 1.80%

Latest Financials - Banaras Beads Ltd.

	Standalone	Consolidated
TTM EPS (₹)	3.9	-
TTM Sales (₹ Cr.)	28.3	-
BVPS (₹.) ⓘ	82.7	-
Reserves (₹ Cr.) ⓘ	48	-
P/BV ⓘ	1.13	-
PE ⓘ	24.25	-

From the Market
52 Week Low / High (₹)	79.05 / 119.00
All Time Low / High (₹)	2.75 / 119.00
Market Cap (₹ Cr.)	62
Equity (₹ Cr.)	6.6
Face Value (₹)	10
Industry PE ⓘ	35.1

Management X-Ray of Banaras Beads:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Banaras Beads

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Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Banaras Beads

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Sales	26.57	23.57	24.74	27.32	23.78	17.31	25.78	20.47	25.12	26.97
Operating Expenses ⓘ	21.79	19.59	21.98	23.58	20.50	14.74	21.99	17.12	21.97	23.33
Manufacturing Costs	4.28	5.43	6.33	4.23	3.02	3.11	5.95	6.40	8.01	6.76
Material Costs	11.45	8.60	9.44	13.01	11.60	5.86	8.56	5.11	5.01	7.07
Employee Cost	2.81	2.96	3.32	3.17	2.89	3.17	3.52	3.25	3.96	4.38
Other Costs ⓘ	3.26	2.61	2.89	3.17	3	2.60	3.96	2.36	4.99	5.12
Operating Profit ⓘ	4.78	3.98	2.76	3.75	3.27	2.57	3.79	3.36	3.15	3.64
Operating Profit Margin (%)	18.0%	16.9%	11.1%	13.7%	13.8%	14.9%	14.7%	16.4%	12.5%	13.5%
Other Income ⓘ	1.22	1.19	1.53	1.32	0.96	0.84	0.91	1.48	2.19	1.80
Interest ⓘ	1.04	0.19	0.67	0.15	0.08	0.30	0.11	0.20	0.25	0.79
Depreciation ⓘ	1.46	2.35	2.13	2.10	1.84	1.52	1.35	1.46	1.28	1.23
Exceptional Items ⓘ	0	0	4.77	0	0	0	0	0	0	0
Profit Before Tax ⓘ	3.50	2.63	6.26	2.81	2.32	1.59	3.23	3.17	3.81	3.42
Tax ⓘ	0.91	1.02	1.94	1.14	0.94	0.43	0.89	0.78	0.89	0.87
Profit After Tax	2.58	1.61	4.32	1.67	1.38	1.16	2.34	2.39	2.92	2.54
PAT Margin (%)	9.7%	6.8%	17.4%	6.1%	5.8%	6.7%	9.1%	11.7%	11.6%	9.4%
Adjusted EPS (₹)	3.9	2.4	6.5	2.5	2.1	1.8	3.5	3.6	4.4	3.9
Dividend Payout Ratio (%)	51%	41%	38%	40%	0%	0%	0%	0%	45%	52%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Equity and Liabilities
Shareholders Fund	39.11	39.86	42.18	43.63	44.21	45.36	47.66	50.04	51.63	52.84
Share Capital ⓘ	6.61	6.61	6.61	6.61	6.61	6.61	6.61	6.61	6.61	6.61
Reserves ⓘ	32.50	33.25	35.57	37.01	37.60	38.75	41.05	43.43	45.02	46.22
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	0.44	14.94	5.09	1.10	1.90	0.84	0	4.33	5.80	0.29
Long Term Debt	0	0	0	0	0	0	0	0	0	0
Short Term Debt	0.44	14.94	5.09	1.10	1.90	0.84	0	4.33	5.80	0.29
Trade Payables	0.54	0.27	0.96	0.82	0.34	0.27	0.13	0.27	0.75	0.65
Others Liabilities ⓘ	4.33	3.30	4	2.09	2.39	1.64	2.03	1.45	1.56	2.13
Total Liabilities ⓘ	44.42	58.38	52.23	47.63	48.84	48.11	49.82	56.09	59.75	55.91
Fixed Assets
Gross Block	23.24	25.63	27.28	28.19	28.68	28.74	39.64	39.40	30.87	32.21
Accumulated Depreciation	9.14	11.50	13.50	15.58	17.42	18.94	20.29	21.24	22.25	23.46
Net Fixed Assetsⓘ	14.10	14.13	13.78	12.61	11.26	9.80	19.35	18.16	8.62	8.75
CWIP ⓘ	0.14	0	0	0	8.84	9.04	0	0	0.38	0.25
Investmentsⓘ	0.11	6.19	3.67	3.19	3.12	3.15	4.89	3.12	3.13	3.04
Inventories	10.23	12.97	14.25	11.32	14.07	13.76	11.32	11.96	18.70	21.75
Trade Receivables	0.66	0.55	1.34	0.72	0.79	0.70	0.29	2.68	4.59	6.20
Cash Equivalents	10.45	16.99	10.53	12.68	8.81	8.51	8.40	6.25	12.22	1.11
Others Assetsⓘ	8.73	7.54	8.66	7.12	1.96	3.15	5.56	13.92	12.10	14.81
Total Assets ⓘ	44.42	58.38	52.23	47.63	48.84	48.11	49.82	56.09	59.75	55.91

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Cash Flow From Operating Activity ⓘ	7.55	1	2.72	5.49	4.43	0.33	3.64	-9.31	-4	-4.45
PBT ⓘ	3.50	2.63	6.26	2.81	2.32	1.59	3.23	3.17	3.81	3.42
Adjustment ⓘ	0.29	1.25	0.64	0.92	0.96	0.81	0.65	0.13	-0.66	0.45
Changes in Working Capital ⓘ	4.32	-2.12	-3.27	3.23	2.21	-1.58	0.7	-11.8	-6.23	-7.44
Tax Paid ⓘ	-0.76	-0.86	-1.34	-1.54	-1.12	-0.49	-0.93	-0.81	-0.92	-0.87
Cash Flow From Investing Activity ⓘ	-1.75	-7.34	3.79	0.72	-8.37	0.51	-2.85	2.89	10.06	0.95
Capex	-2.93	-2.33	-1.76	-0.93	-9.33	-0.26	-1.87	-0.27	8.40	-1.22
Net Investments	0.01	-6.08	2.53	0.55	0.08	-0.03	-1.85	1.96	0.02	0.09
Others ⓘ	1.17	1.07	3.02	1.10	0.87	0.79	0.86	1.19	1.64	2.08
Cash Flow From Financing Activityⓘ	-4.57	12.87	-12.96	-4.06	0.08	-1.14	-0.90	4.27	-0.10	-7.62
Net Proceeds from Shares ⓘ	0	0.01	0.02	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	0	0	0	0	-0.74	-0.08	-0.06	-0.06	-0.25	-0.79
Dividend Paid ⓘ	-0.20	-1.64	-3.13	-0.07	0	0	0	0	-1.33	-1.33
Others ⓘ	-4.37	14.51	-9.85	-3.99	0.81	-1.06	-0.84	4.33	1.48	-5.50
Net Cash Flow ⓘ	1.23	6.53	-6.45	2.15	-3.86	-0.30	-0.11	-2.15	5.97	-11.12

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Ratios
ROE (%)	6.7	4.07	10.52	3.89	3.15	2.58	5.03	4.9	5.74	4.87
ROCE (%)	11	5.98	13.58	6.44	5.27	4.09	7.13	6.62	7.26	7.6
Asset Turnover Ratio	0.59	0.46	0.45	0.55	0.49	0.36	0.53	0.39	0.43	0.47
PAT to CFO Conversion(x)	2.93	0.62	0.63	3.29	3.21	0.28	1.56	-3.9	-1.37	-1.75
Working Capital Days
Receivable Days	11	9	14	14	12	16	7	27	53	73
Inventory Days	162	180	201	171	195	293	178	208	223	274
Payable Days	18	17	24	25	18	19	9	14	37	36

Banaras Beads Ltd Stock News

Banaras Beads Ltd FAQs

What is the share price of Banaras Beads?

Company share prices are keep on changing according to the market conditions. The closing price of Banaras Beads on 19-Apr-2024 16:01 is ₹93.45.

What is the market cap of Banaras Beads?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 19-Apr-2024 16:01 the market cap of Banaras Beads stood at ₹62.02.

What is the P/E ratio of Banaras Beads?

The latest P/E ratio of Banaras Beads as of 19-Apr-2024 16:01 is 24.25.

What is the P/B ratio of Banaras Beads?

The latest P/B ratio of Banaras Beads as of 19-Apr-2024 16:01 is 1.13.

What is the 52-week high and low of Banaras Beads?

The 52-week high of Banaras Beads is ₹119.0 and the 52-week low is ₹79.05.

What is the TTM revenue of Banaras Beads?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Banaras Beads is ₹28.34 ( Cr.) .

About Banaras Beads Ltd

Banaras Beads was incorporated as a private limited company in April 1980, the company went public in October 1994. Promoted by Ajit Kumar Gupta and Raj Kumar Gupta, it commenced operations by manufacturing glass beads and imitation jewellery and later diversified into woolen products in Varanasi, Uttar Pradesh. The company also diversified into handicrafts, silk and silk fabrics, fashion accessories, garments, etc. It has modernised its computer facilities to set up a state-of-the-art computer-aided designing system.

The company has been in this line for over five decades and has been exporting for over two decades (since 1970) to 2000 clients in about fifty countries. It has received a number of awards for excellence in exports. In August 1994, it was recognized by the government as a Trading House. It is the largest exporter of glass beads in India, having a market share of over 80% of India's exports.

The company came out with a public issue in February 1995 to finance the expansion of its facilities for glass beads, imitation jewellery and woolen products. It has also created manufacturing facilities for gold and silver studded jewellery. The project was completed in 1995 at a cost of Rs 35.6 crore. The company has decided to enter into joint ventures in the US and Canada. It is setting up a manufacturing unit for glass related items as a part of diversification and expansion of its current manufacturing activities.

Business area of the company

Banaras Beads is engaged in the manufacture and distribution of handicraft products in India and internationally. It offers glass beads, buttons, chattons, woolen carpets, cords, fringes, pendants, pliers, pipes, home furnishing and decor products, gold and silver ornaments, necklaces, imitation jewelry, rosaries, tasbees, and hand knotted carpets and druggets.