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Banaras Beads Ltd Stock Analysis

Small Cap
Evaluated by 141 users | BSE: 526849 | NSE: BANARBEADS |
Glass

Analysis of Financial Track Record

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
 Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on Capital Employed 10.39%9%8.32%3.67%2.81%3.74%3.14%3.09%5.3%4.7%-
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 33.927.726.623.624.727.323.817.325.820.520
Y-o-Y Gr. Rt.--18.3%-4%-11.3%5%10.4%-13%-27.2%48.9%-20.6%-
Adjusted EPS (Rs.) 6.284.984.072.411.462.432.071.833.633.43.17
Y-o-Y Gr. Rt.--20.7%-18.3%-40.8%-39.4%66.4%-14.8%-11.6%98.4%-6.3%-
Book Value per Share (Rs.) 55.857.5559.1460.2763.7865.9666.8568.5972.0675.6775.92
Adjusted Net Profit 4.23.32.71.611.61.41.22.42.32
Net Op. Cash Flow (Rs. Cr.) 3.2-3.57.612.75.54.40.33.6-5.7-
Debt to Cash Flow from Ops 2.01-1.390.0614.961.870.20.432.530-0.76-
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Banaras Beads Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  10 yrs 5 yrs 3 yrs 1 yr
Net Sales -5.4%-3.7%-4.9%-20.6%
Adjusted EPS -6.6%18.4%18%-6.3%
Book Value per Share 3.43.54.25
Share Price 8.9% 9.9% 17.8% 36.5%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on Equity (%) 11.558.837.014.042.363.763.132.715.184.624.18
Operating Profit Margin (%) 16.4114.6918.6316.8911.1513.7213.7715.3615.0716.3914.17
Net Profit Margin (%) 12.311.9510.176.773.915.95.787.019.3411.0310.58
Debt to Equity 0.170.130.010.370.120.030.040.0200.09-
Working Capital Days 310344296315334290276363246376-
Cash Conversion Cycle 98143162183205168198302181230-
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Entity Percentage Holding
Promoters 57.80%
Non-Institutions 42.20%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

Banaras Beads Ltd's earnings have grown by 18.4%, whereas share price has appreciated 9.9% CAGR over the past five years, indicating the company’s share price is likely undervalued. However, for specific investment actions please consult your investment advisor.

Banaras Beads Ltd share price has appreciated 8.9% annually (CAGR) over the past ten years.

Data is not available for this company.

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

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.

Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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