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 Semi Strong which suggest that the price of Bhandari Hosiery Exports Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
Value Creation ⓘ
Value Creation Index Colour Code Guide ⓘ
|ROCE % ⓘ||13.5%||8.5%||6.5%||5.6%||8.4%||6.2%||7.3%||7.8%||7.5%||5.1%||-|
|Value Creation Index ⓘ||-0.0||-0.4||-0.5||-0.6||-0.4||-0.6||-0.5||-0.4||-0.5||-0.6||-|
Growth Parameters ⓘ
Growth Parameters Colour Code Guide ⓘ
|YoY Gr. Rt. %||-||-2%||15.5%||12.1%||59%||7.6%||16.3%||7.2%||4.2%||-18.6%||-|
|Adj EPS ⓘ||0.3||0.2||0.1||0.2||0.3||0.3||0.3||0.4||0.4||0.1||0.4|
|YoY Gr. Rt. %||-||-35.5%||-30%||14.3%||75%||0%||21.4%||8.8%||-2.7%||-66.7%||-|
|BVPS (₹) ⓘ||2.4||3.2||3.4||3.5||3.7||4||4.3||4.7||5||5.2||5.4|
|Adj Net Profit ⓘ||3.1||2.9||2||2.3||4||4.2||4.9||5.4||5.3||1.7||6|
|Cash Flow from Ops. ⓘ||-6.6||1.5||-8.1||-3.3||-7.4||-5.9||2||-3.3||-2.2||-0.2||-|
|Debt/CF from Ops. ⓘ||-3.2||16||-3.6||-14||-7.5||-12.4||41.9||-26||-47||-547.7||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||-10%||-15.6%||-29.3%||-66.7%|
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||13.6||8||4.1||4.5||7.6||7.3||8.1||8.1||7.5||2.3||7.6|
|Op. Profit Mgn % ⓘ||9.3||8.6||7.2||6.5||7.7||6.1||7||7.4||7.7||8||8.5|
|Net Profit Mgn % ⓘ||3.2||3||1.8||1.8||2||2||2||2||1.9||0.8||2.2|
|Debt to Equity ⓘ||0.9||0.5||0.6||0.9||1||1.2||1.3||1.3||1.4||1.4||-|
|Working Cap Days ⓘ||157||181||177||188||141||158||158||163||173||228||0|
|Cash Conv. Cycle ⓘ||109||129||129||138||106||122||123||130||140||188||0|
Return on Equity has increased versus last 3 years average to 7.60%
Sales growth is good in last 4 quarters at 41.17%
Sales growth has been subdued in last 3 years -3.12%
Net Profit has been subdued in last 3 years -29.33%
Debt to equity has increased versus last 3 years average to 1.44
|TTM EPS (₹)||0.4||0|
|TTM Sales (₹ Cr.)||267||21|
|BVPS (₹.) ⓘ||5.4||0|
|Reserves (₹ Cr.) ⓘ||65||4|
|From the Market|
|52 Week Low / High (₹)||2.31 / 15.04|
|All Time Low / High (₹)||0.05 / 15.04|
|Market Cap (₹ Cr.)||97.9|
|Equity (₹ Cr.)||14.7|
|Face Value (₹)||1|
|Industry PE ⓘ||13.4|
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 authoritiesâ€™ 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.
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.