Banaras Beads Ltd
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]
- Market Cap ₹ 82.6 Cr.
- Current Price ₹ 124
- High / Low ₹ 170 / 81.7
- Stock P/E 25.8
- Book Value ₹ 84.6
- Dividend Yield 1.81 %
- 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.2.29 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.
Peer comparison
Sector: Glass & Glass Products Industry: Glass & Glass Products
Quarterly Results
Figures in Rs. Crores
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 | 33.06 | |
23.62 | 21.79 | 19.59 | 21.98 | 23.58 | 20.50 | 14.74 | 21.91 | 17.12 | 21.97 | 23.33 | 25.58 | 29.35 | |
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 | 3.71 |
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% | 11.22% |
1.67 | 1.22 | 1.19 | 6.30 | 1.32 | 0.96 | 0.84 | 0.82 | 1.48 | 2.19 | 1.80 | 2.45 | 2.29 | |
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 | 0.52 |
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 | 1.25 |
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 | 4.23 |
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 | 3.20 | |
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 | 4.81 |
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: | 17% |
Compounded Profit Growth | |
---|---|
10 Years: | 1% |
5 Years: | 19% |
3 Years: | 7% |
TTM: | 25% |
Stock Price CAGR | |
---|---|
10 Years: | 12% |
5 Years: | 32% |
3 Years: | 11% |
1 Year: | 33% |
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% |
Documents
Announcements
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Certificate Under Regulation 40(9) Read With Regulation 40(10) Of The SEBI (Listing Obligation And Disclosure Reequipments) Regulations, 2015 For The Year Ended 31St March, 2025
12 Apr - Compliance certificate for SEBI regulations submitted.
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Statement Of Investor Complaints Pursuant To Regulation 13(3) Of SEBI (LODR) Regulations, 2015 For The Quarter Ended 31St March, 2025.
8 Apr - Statement of investor complaints for Q1 2025.
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Announcement under Regulation 30 (LODR)-Raising of Funds
4 Apr - Company confirms it is not a Large Corporate.
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Disclosure As Per Regulation 31(4) Of SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations, 2011.
4 Apr - Disclosure of shareholding details by promoters.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
4 Apr - DP) Regulation 2018 we are enclosing certificate received from RTA M/s Mas Services New Delhi for quarter ended 31.03.2025.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2012
from nse
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Financial Year 2011
from bse
Concalls
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Nov 2024TranscriptPPT
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Jun 2024TranscriptPPT
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Feb 2024TranscriptPPT
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Dec 2022Transcript PPT
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