Bhandari Hosiery Exports Ltd Stock Analysis

BSE: 512608 | NSE: BHANDARI | Textile | Small Cap

BSE Share Price 31-Jan-2023 18:03
5.16 0.03 (0.58%)

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Bhandari Hosiery Exp Price Chart

P/E Ratio ( SA) :
11.87
Market Cap :
75.6 Cr.
52-wk low :
4.3
52-wk high :
10.8
Bole Toh?

1. Is Bhandari Hosiery Exports Ltd a good quality company?

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

2. Is Bhandari Hosiery Exports Ltd undervalued or overvalued?

The key valuation ratios of Bhandari Hosiery Exports Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Bhandari Hosiery Exports Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Bhandari Hosiery Exports 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 Bhandari Hosiery Exp:

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.
Bhandari Hosiery Exports Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 8.5%6.5%5.6%8.4%6.2%7.3%7.8%7.5%5.1%7.4%-
Value Creation Index -0.4-0.5-0.6-0.4-0.6-0.5-0.4-0.5-0.6-0.5-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 96.5111125199214248266277226283279
YoY Gr. Rt. %-15.5%12.1%59%7.6%16.3%7.2%4.2%-18.6%25.5%-
Adj EPS 0.20.10.20.30.30.30.40.40.10.40.4
YoY Gr. Rt. %--30%14.3%75%0%21.4%8.8%-2.7%-66.7%258.3%-
BVPS (₹) 3.23.43.53.744.34.755.25.65.8
Adj Net Profit 2.922.344.24.95.45.31.76.46
Cash Flow from Ops. 1.5-8.1-3.3-7.4-5.92-3.3-2.2-0.23-
Debt/CF from Ops. 16-3.6-14-7.5-12.441.9-26-47-547.734.4-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 12.7%5.8%2.1%25.5%
Adj EPS 8.9%9%5.1%258.3%
BVPS 6.26.75.98.2
Share Price 2.5% 7.7% 62.2% -47.1%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 84.14.57.67.38.18.17.52.38.17.6
Op. Profit Mgn % 8.67.26.57.76.177.47.7888
Net Profit Mgn % 31.81.822221.90.82.22.3
Debt to Equity 0.50.60.911.21.31.31.41.41.30.4
Working Cap Days 181177188141158158163173228196211
Cash Conv. Cycle 12912913810612212313014018816092

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 7.60%

Sales growth has been subdued in last 3 years 2.09%

Net Profit has been subdued in last 3 years 5.14%

Debt to equity has increased versus last 3 years average to 1.27

Sales growth is not so good in last 4 quarters at 4.79%

Latest Financials - Bhandari Hosiery Exports Ltd.

Standalone Consolidated
TTM EPS (₹) 0.4 0
TTM Sales (₹ Cr.) 279 21
BVPS (₹.) 5.8 0
Reserves (₹ Cr.) 70 4
P/BV 0.89 0.00
PE 11.87 614.26
From the Market
52 Week Low / High (₹) 4.25 / 10.78
All Time Low / High (₹) 0.05 / 15.04
Market Cap (₹ Cr.) 75.6
Equity (₹ Cr.) 14.7
Face Value (₹) 1
Industry PE 23.1

Management X-Ray of Bhandari Hosiery Exp :

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 Bhandari Hosiery Exp

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

News

Bhandari Hosiery Exports Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Bhandari Hosiery Exp on 31-Jan-2023 18:03 is : 5.16.
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 31-Jan-2023 18:03 the market cap of Bhandari Hosiery Exp stood at ₹ 75.61.
The latest PE ratio of Bhandari Hosiery Exp as of 31-Jan-2023 18:03 is 11.87.
The latest PB ratio of Bhandari Hosiery Exp as of 31-Jan-2023 18:03 is 0.89
The 52-week high of Bhandari Hosiery Exp is ₹ 10.78 and the 52-week low is ₹ 4.25.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Bhandari Hosiery Exp is ₹ 279.1 ( Cr.) .

About Bhandari Hosiery Exports Ltd

Bhandari Hosiery Exports incorporated in 1993 by Naresh Bhandari and Kusum Bhandari. This garment manufacturing company operates vertical production facility that produces high fashion knitted garments.

It has presence across 17 countries which include markets like USA, Canada, UK and the European Union.

At present, the company is a government of India recognized export house with its registered office and unit located at Bhandari House, Village Meharban , Rahon Road, Ludhiana.

Bhandari Hosiery Exports is among the first few players in the knitted readymade garments industry to achieve WRAP Certification from Worldwide Responsible Apparel Production, USA, a voluntary non profit organisation which certifies health, safety, welfare measures and compliance with government and other regulatory authorities’ laws.

Product range of the company:

The company is engaged primarily in manufacturing and exporting of knitted hosiery garments such as t-shirts, pullovers, sweat shirts, bermudas, polo shirts, track suits, pyjamas, lowers, ladies knitted tops with embroidery, prints etc.

Clientele:

Company caters to esteemed clients such as Tom Tailor, Marlboro Classics, Atkins, Quick Silver, S.Oliver, Givenchy, Watson, May Department Stores, Karstadt Quelle, Charles Vogele, Hajo Strick, Matalan Retail, Kitaro.

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