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 ₹ 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.
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 | 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% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
5 Nov - Q2 FY 2024-25 earnings conference call transcript.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
29 Oct - Earnings conference call scheduled for November 4, 2024.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
26 Oct - Result for quarter and half year ended 30.09.2024
- Result Presentation For Quarter And Half Year Ended 30.09.2024 (Standalone Financial Performance) 25 Oct
-
Statement Of Deviation And Variation As Per Clause 32 (1), (2) And (3) For The Quarter And Half Ended 30Th September, 2024 Under The SEBI (Listing Obligation And Disclosure Requirements), 2015.
25 Oct - Statement of deviation and variation for Q2 2024.
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
-
Nov 2024TranscriptPPT
-
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