Is Bang Overseas Ltd. a good quality company?

MoneyWorks4Me analysed the past 10-year performance of Bang Overseas Ltd. and arrived at the following conclusion.

Is the current market price of Bang Overseas Ltd. a good price to buy it?

The 5-year analysis of Bang Overseas Ltd.'s performance infers.

What is Bang Overseas Ltd. share price return in the past 10 years?

We analysed the performance of Bang Overseas Ltd. share prices over the last 10 years. Here is what we found out:

What is CAGR? What does CAGR table indicate for Bang Overseas Ltd.?

Compounded average growth rate (CAGR) measures the average annual growth rate compounded year-on-year over a period of time.

Bang Overseas Ltd. Stock Analysis

Small Cap

Evaluated by 157 users | BSE: 532946 | NSE: BANG |
Textile

Bang Overseas is one of the leading manufacturers and exporters of men's wear. Headquartered in Mumbai, the fast growing company was established in the year 1992. Since then it is engaged in the apparel, textile and retail market. The company has always focused on the men's wear section but,...

10 Year X-Ray

Standalone basis Standalone basis P Consolidated basis P

Analysis of Financial Track Record

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

What is a Financial Track Record? How to read this chart in order to understand the data present here?

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'10	Mar'11	Mar'12	Mar'13	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19
Return on Capital Employed	2.92%	4.7%	3.33%	3.62%	-8.8%	-1.69%	4.39%	4.67%	3.75%	0.89%

Growth Parameters	Growth Parameters Colour Code Guide

Net Sales (Rs. Cr.)	129	146	137	237	163	129	146	159	169	154
Y-o-Y Gr. Rt.	-	13%	-5.8%	72.4%	-30.9%	-21.1%	13.3%	8.9%	6.1%	-8.7%
Adjusted EPS (Rs.)	0.62	2.5	0.81	1.06	-11.31	-3.93	0.86	2.84	2.43	0.01
Y-o-Y Gr. Rt.	-	303.2%	-67.6%	30.9%	-1167%	NA	NA	230.2%	-14.4%	-99.6%
Book Value per Share (Rs.)	71.16	77.34	58.53	59.28	47.33	43.41	44.27	51.8	54.23	54.35
Adjusted Net Profit	0.8	3.4	1.1	1.4	-15.3	-5.3	1.2	3.9	3.3	0
Net Op. Cash Flow (Rs. Cr.)	1	-31.9	45.3	-15.6	1.4	29.9	4.7	6.3	4	7.2
Debt to Cash Flow from Ops	46.9	-1.58	0.96	-3.83	48.24	1.27	8.54	5.85	7.61	3.97

Difference between Standalone Basis and Consolidated basis? Which method is preferred for Bang Overseas Ltd. ?

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.

Bang Overseas Ltd. should be analysed on a Standalone basis

CAGR CAGR Colour Code Guide

	9 yrs	5 yrs	3 yrs	1 yr
Net Sales	2%	-1.2%	1.8%	-8.7%
Adjusted EPS	-36.8%	NA	-77.3%	-99.6%
Book Value per Share	-3	2.8	7.1	0.2
Share Price	-2.6%	16.3%	-17.9%	-33.7%

Key Financial Parameter	Performance Ratio Colour Code Guide

	Mar'10	Mar'11	Mar'12	Mar'13	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19
Return on Equity (%)	0.88	3.35	1.2	1.8	-21.21	-8.65	1.96	5.9	4.59	0.02
Operating Profit Margin (%)	2.71	4.67	2.89	2.53	-7.32	-0.71	3.14	3.86	1.51	1.44
Net Profit Margin (%)	0.65	2.32	0.8	0.61	-9.39	-4.13	0.8	2.42	1.95	0.01
Debt to Equity	0.48	0.48	0.54	0.75	1.04	0.65	0.67	0.52	0.41	0.39
Working Capital Days	239	275	286	156	176	208	205	208	218	243
Cash Conversion Cycle	162	185	197	114	121	115	111	131	122	127

Management X-Ray

Shareholding Pattern

Entity	Percentage Holding
Promoters	72.98%
Institutions	0.05%
Non-Institutions	26.97%

Promoter's Holding & Share Pledging

Pledged ^*

0.00

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

FAQs

1. Is Bang Overseas a good quality company?

Data is not available for this company.

2. Is current market price of Bang Overseas a good price to buy it?

The 5-year analysis of Bang Overseas's performance infers:

Bang Overseas earnings have grown by 0%, whereas share price has appreciated 16.3% CAGR over the past five years, indicating the company's share price is likely overvalued. However, for specific investment actions please connect with your investment advisor.

3. What is Bang Overseas share price return in the past 10 years ?

We analysed the performance of Bang Overseas share prices over the last 10 years. Here is what we found out:

Bang Overseas share price has appreciated -9.9% annually over the past ten years.

About Company

All its products are made from superior quality fabrics and are ranged

All its products are made from superior quality fabrics and are ranged very competitively. It has rigorous quality norms for its products and services, hence it has always been able to meet international standards. The company has built two fully equipped and modern apparels manufacturing units in Bangalore. These units have been made with state-of-the-art machinery that helps to manufacture flawless clothing for men. These two modern manufacturing units are named as Reunion Clothing Company and Formal Clothing Company.

Its range of men's wear has been made after careful research on the on going fashion trends. It closely follows both national and international clothing trends and work with innovative yet matured fashion designers to manufacture highly fashionable clothing for men. It caters to the demand of leading international and domestic brands and it also supply its high end products under its own brand name -- Thomas Scott.

Products of the company