Banaras Beads Ltd

Banaras Beads Ltd

₹ 137 3.52%
21 Nov - close price
About

Incorporated in 1980, Banaras Beads Ltd is in the business of Manufacturing and export of Handicraft items like Glass Beads; Necklaces, Imitation Jewelry, etc.[1]

Key Points

Product Profile:[1][2]
Glass Beads, Fashion Jewelry & Accessories, Beads made from Clay, Brass, Aluminum,
Copper, Resin, Ceramics, Horn, Bone, Semiprecious stones, Agate, Lac, Hand
Painted Beads, Spray Painted Beads, etc. The company also trades in Leather Cords,
Cotton Wax cords & Misc. Handicraft
Products

  • Market Cap 91.2 Cr.
  • Current Price 137
  • High / Low 154 / 81.7
  • Stock P/E 29.0
  • Book Value 84.6
  • Dividend Yield 1.46 %
  • ROCE 7.09 %
  • ROE 5.12 %
  • Face Value 10.0

Pros

  • Company has been maintaining a healthy dividend payout of 48.5%

Cons

  • The company has delivered a poor sales growth of 10.3% over past five years.
  • Company has a low return on equity of 4.97% over last 3 years.
  • Company might be capitalizing the interest cost
  • Earnings include an other income of Rs.2.41 Cr.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Figures in Rs. Crores

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
10.69 5.95 5.08 6.68 8.53 2.96 8.81 6.22 9.52 3.80 8.69 7.08 11.55
9.01 5.02 4.83 5.78 7.36 2.58 7.62 5.74 8.33 3.38 8.14 6.51 9.78
Operating Profit 1.68 0.93 0.25 0.90 1.17 0.38 1.19 0.48 1.19 0.42 0.55 0.57 1.77
OPM % 15.72% 15.63% 4.92% 13.47% 13.72% 12.84% 13.51% 7.72% 12.50% 11.05% 6.33% 8.05% 15.32%
0.52 0.34 0.85 0.31 0.43 0.35 0.71 0.54 0.54 0.59 0.78 0.53 0.51
Interest 0.04 0.11 0.07 0.06 0.00 0.10 0.63 0.13 0.02 0.05 0.06 0.12 0.16
Depreciation 0.32 0.33 0.32 0.25 0.25 0.25 0.48 0.31 0.31 0.31 0.22 0.26 0.26
Profit before tax 1.84 0.83 0.71 0.90 1.35 0.38 0.79 0.58 1.40 0.65 1.05 0.72 1.86
Tax % 21.74% 30.12% 19.72% 25.56% 24.44% 26.32% 27.85% 22.41% 22.86% 30.77% 26.67% 25.00% 25.27%
1.45 0.58 0.58 0.67 1.02 0.27 0.57 0.45 1.08 0.45 0.77 0.54 1.39
EPS in Rs 2.18 0.87 0.87 1.01 1.54 0.41 0.86 0.68 1.63 0.68 1.16 0.81 2.09
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
27.68 26.57 23.57 24.74 27.32 23.78 17.31 25.78 20.47 25.12 26.97 28.22 31.12
23.62 21.79 19.59 21.98 23.58 20.50 14.74 21.91 17.12 21.97 23.33 25.58 27.81
Operating Profit 4.06 4.78 3.98 2.76 3.74 3.28 2.57 3.87 3.35 3.15 3.64 2.64 3.31
OPM % 14.67% 17.99% 16.89% 11.16% 13.69% 13.79% 14.85% 15.01% 16.37% 12.54% 13.50% 9.36% 10.64%
1.67 1.22 1.19 6.30 1.32 0.96 0.84 0.82 1.48 2.19 1.80 2.45 2.41
Interest 0.81 1.04 0.19 0.67 0.15 0.08 0.30 0.11 0.20 0.25 0.79 0.26 0.39
Depreciation 0.89 1.46 2.35 2.13 2.10 1.84 1.52 1.35 1.46 1.28 1.23 1.15 1.05
Profit before tax 4.03 3.50 2.63 6.26 2.81 2.32 1.59 3.23 3.17 3.81 3.42 3.68 4.28
Tax % 17.87% 26.29% 38.78% 30.99% 40.57% 40.52% 27.67% 27.55% 24.61% 23.36% 25.44% 25.27%
3.31 2.58 1.61 4.32 1.67 1.38 1.16 2.34 2.39 2.92 2.54 2.75 3.15
EPS in Rs 4.99 3.89 2.43 6.51 2.52 2.08 1.75 3.53 3.60 4.40 3.83 4.14 4.74
Dividend Payout % 49.92% 51.24% 41.06% 38.25% 39.58% 0.00% 0.00% 0.00% 0.00% 45.27% 52.05% 48.07%
Compounded Sales Growth
10 Years: 1%
5 Years: 10%
3 Years: 11%
TTM: 13%
Compounded Profit Growth
10 Years: 1%
5 Years: 19%
3 Years: 7%
TTM: 33%
Stock Price CAGR
10 Years: 10%
5 Years: 35%
3 Years: 23%
1 Year: 50%
Return on Equity
10 Years: 4%
5 Years: 5%
3 Years: 5%
Last Year: 5%

Balance Sheet

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 6.61 6.61 6.61 6.61 6.61 6.61 6.61 6.61 6.61 6.61 6.61 6.61 6.61
Reserves 31.45 32.50 33.25 35.57 37.01 37.60 38.75 41.05 43.43 45.02 46.22 47.63 49.55
4.81 0.44 14.94 5.09 1.10 1.90 0.84 0.00 4.33 5.80 0.29 3.29 15.88
3.32 5.34 3.86 5.21 3.07 2.74 1.91 2.16 1.72 2.34 2.79 2.28 2.72
Total Liabilities 46.19 44.89 58.66 52.48 47.79 48.85 48.11 49.82 56.09 59.77 55.91 59.81 74.76
11.07 14.10 14.13 13.78 12.61 11.26 9.80 19.35 18.16 8.62 8.75 8.44 8.60
CWIP 1.70 0.14 0.00 0.00 0.00 8.84 9.04 0.00 0.00 0.38 0.25 0.45 0.52
Investments 0.12 0.11 6.19 3.67 3.19 3.12 3.15 4.89 3.12 3.13 3.04 3.03 2.98
33.30 30.54 38.34 35.03 31.99 25.63 26.12 25.58 34.81 47.64 43.87 47.89 62.66
Total Assets 46.19 44.89 58.66 52.48 47.79 48.85 48.11 49.82 56.09 59.77 55.91 59.81 74.76

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-3.47 7.55 1.00 2.72 5.49 4.43 0.33 3.64 -9.31 -4.00 -4.45 -3.47
8.04 -1.75 -7.34 3.79 0.72 -8.37 0.51 -2.85 2.89 10.06 0.95 12.94
-4.72 -4.58 12.87 -12.96 -4.06 0.08 -1.14 -0.90 4.27 -0.10 -7.62 1.42
Net Cash Flow -0.15 1.22 6.53 -6.45 2.15 -3.86 -0.30 -0.11 -2.15 5.97 -11.12 10.88

Ratios

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 13.32 9.07 8.52 19.77 9.62 12.13 14.76 4.11 47.79 66.69 83.91 86.40
Inventory Days 510.31 300.16 550.47 468.58 317.59 442.72 857.06 482.69
Days Payable 23.00 15.84 11.46 31.57 23.01 10.70 16.82 5.54
Cash Conversion Cycle 500.62 293.38 547.53 456.78 304.20 444.15 855.01 481.25 47.79 66.69 83.91 86.40
Working Capital Days 243.55 173.91 241.27 262.02 213.63 215.65 329.58 211.38 412.61 382.15 374.88 427.73
ROCE % 11.28% 11.02% 5.96% 4.21% 6.26% 5.26% 4.09% 7.31% 6.23% 6.28% 7.62% 7.09%

Shareholding Pattern

Numbers in percentages

32 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
57.80% 57.80% 57.80% 57.80% 57.80% 58.14% 58.14% 58.14% 58.14% 58.14% 58.14% 58.14%
0.00% 0.00% 0.00% 0.01% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
42.20% 42.20% 42.20% 42.19% 42.19% 41.85% 41.86% 41.85% 41.85% 41.84% 41.85% 41.85%
No. of Shareholders 6,4346,9696,7736,7016,3916,6386,5826,5386,5926,8066,6646,902

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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