Banaras Beads Ltd Stock Analysis

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

BSE Share Price 02-Dec-2022 18:01
81.80 -1.60 (-1.92%)

DeciZen - Make an Informed Decision on Banaras Beads

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Banaras Beads Price Chart

P/E Ratio (SA) :
19.03
Market Cap :
54.3 Cr.
52-wk low :
60.3
52-wk high :
116
Bole Toh?

1. Is Banaras Beads Ltd a good quality company?

Data is not available for this 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
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

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

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.

Value Creation

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 9%8.3%3.7%2.8%3.7%3.1%3.1%5.3%4.7%4.9%-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 27.726.623.624.727.323.817.325.820.525.126
YoY Gr. Rt. %--4%-11.3%5%10.4%-13%-27.2%48.9%-20.6%22.7%-
Adj EPS 54.12.41.52.42.11.83.63.43.84.3
YoY Gr. Rt. %--18.3%-40.8%-39.4%66.4%-14.8%-11.6%98.4%-6.3%12.4%-
BVPS (₹) 57.659.160.363.86666.968.672.175.778.180.4
Adj Net Profit 3.32.71.611.61.41.22.42.32.53
Cash Flow from Ops. -3.57.612.75.54.40.33.6-9.3-4-
Debt/CF from Ops. -1.40.1151.90.20.42.50-0.5-1.4-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -1.1%-1.7%13.2%22.7%
Adj EPS -2.9%9.5%27.8%12.4%
BVPS 3.53.44.43.2
Share Price 9.9% 5.3% 38.9% 15.1%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 8.8742.43.83.12.75.24.655.4
Op. Profit Mgn % 14.718.616.911.213.713.815.415.116.412.512.4
Net Profit Mgn % 1210.26.83.95.95.879.31110.110.9
Debt to Equity 0.100.40.100000.10.10
Working Cap Days 344296315334290276363246408465460
Cash Conv. Cycle 143162183205168198302181230269371

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 5.40%

Sales growth is growing at healthy rate in last 3 years 13.22%

Net Profit is growing at healthy rate in last 3 years 27.80%

Sales growth is good in last 4 quarters at 28.54%

No data to display

Latest Financials - Banaras Beads Ltd.

Standalone Consolidated
TTM EPS (₹) 4.3 -
TTM Sales (₹ Cr.) 26.2 -
BVPS (₹.) 80.4 -
Reserves (₹ Cr.) 47 -
P/BV 1.02 -
PE 19.03 -
From the Market
52 Week Low / High (₹) 60.25 / 116.00
All Time Low / High (₹) 2.75 / 116.00
Market Cap (₹ Cr.) 54.3
Equity (₹ Cr.) 6.6
Face Value (₹) 10
Industry PE 36.3

Management X-Ray of Banaras Beads :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Banaras Beads

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Banaras Beads Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Banaras Beads on 02-Dec-2022 18:01 is : 81.80.
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 02-Dec-2022 18:01 the market cap of Banaras Beads stood at ₹ 54.28.
The latest PE ratio of Banaras Beads as of 02-Dec-2022 18:01 is 19.03.
The latest PB ratio of Banaras Beads as of 02-Dec-2022 18:01 is 1.02
The 52-week high of Banaras Beads is ₹ 116.0 and the 52-week low is ₹ 60.25.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Banaras Beads is ₹ 26.23 ( 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.

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