Bang Overseas Ltd

Bang Overseas Ltd

₹ 83.9 -2.01%
26 Dec - close price
About

Incorporated in 1992, Bang Overseas Ltd (BOL) is a manufacturer and exporter of men’s wear from India and Macedonia. They also provide services like concept development, designing, manufacturing, logistics and marketing [1]

Key Points

Brands
They have 3 brands in their portfolio:
Thomas Scott - Formal shirts, Semi-formal, and Business casual shirts [1]
Italian Gold - Sourcing facility of Bang overseas Ltd. It has a tie up with Roberto Ferrari to solely market its premium fabric in India. This gives it the made-in-Italy label [2]
Hammersmith - Shirts that are branded into 4 categories: Dress Shirts Luxury, Dress Shirts Exotica, Dress Shirts Classic, and Smart Shirts [3]

  • Market Cap 114 Cr.
  • Current Price 83.9
  • High / Low 96.4 / 42.8
  • Stock P/E
  • Book Value 56.1
  • Dividend Yield 0.00 %
  • ROCE -5.29 %
  • ROE -8.57 %
  • Face Value 10.0

Pros

  • Company is expected to give good quarter
  • Debtor days have improved from 178 to 84.2 days.

Cons

  • Company has low interest coverage ratio.
  • Company has a low return on equity of -0.46% over last 3 years.
  • Company might be capitalizing the interest cost

* 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: Trading Industry: Trading

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

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
18.13 24.10 25.29 25.60 28.90 32.82 35.11 29.64 29.78 37.51 36.73 41.81 48.97
17.78 22.52 23.17 23.19 28.50 32.57 34.48 30.67 33.44 40.51 36.53 48.27 48.59
Operating Profit 0.35 1.58 2.12 2.41 0.40 0.25 0.63 -1.03 -3.66 -3.00 0.20 -6.46 0.38
OPM % 1.93% 6.56% 8.38% 9.41% 1.38% 0.76% 1.79% -3.48% -12.29% -8.00% 0.54% -15.45% 0.78%
0.49 0.34 0.53 0.40 0.45 0.75 0.55 0.85 0.88 0.79 0.42 0.49 0.49
Interest 0.18 0.11 0.23 0.18 0.23 0.32 0.34 0.27 0.37 0.31 0.37 0.20 0.29
Depreciation 0.42 0.41 0.37 0.34 0.34 0.34 0.35 0.33 0.34 0.37 0.38 0.34 0.35
Profit before tax 0.24 1.40 2.05 2.29 0.28 0.34 0.49 -0.78 -3.49 -2.89 -0.13 -6.51 0.23
Tax % 87.50% -21.43% 7.80% 58.08% 96.43% 55.88% 81.63% 26.92% -4.01% -0.35% -115.38% -28.11% 34.78%
0.02 1.70 1.90 0.96 0.01 0.14 0.09 -0.99 -3.35 -2.88 0.02 -4.68 0.15
EPS in Rs 0.01 1.25 1.40 0.71 0.01 0.10 0.07 -0.73 -2.47 -2.12 0.01 -3.45 0.11
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

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
235 162 128 145 157 168 154 98 57 80 122 134 165
230 176 129 141 151 166 152 97 58 75 119 141 174
Operating Profit 5 -13 -1 5 6 3 2 1 -1 5 4 -7 -9
OPM % 2% -8% -1% 3% 4% 2% 1% 1% -2% 7% 3% -6% -5%
4 3 3 3 3 4 3 10 5 2 2 3 2
Interest 5 5 5 4 1 1 1 1 1 1 1 1 1
Depreciation 1 1 3 2 2 2 2 2 2 2 1 1 1
Profit before tax 3 -16 -6 1 6 4 2 8 1 5 3 -7 -9
Tax % 68% -1% -5% -10% 35% 12% 97% 5% -62% 1% 65% -1%
1 -16 -5 1 4 3 0 7 1 5 1 -7 -7
EPS in Rs 0.75 -11.95 -3.92 0.86 2.80 2.43 0.05 5.27 0.92 3.39 0.88 -5.31 -5.45
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -2%
5 Years: -3%
3 Years: 33%
TTM: 30%
Compounded Profit Growth
10 Years: 5%
5 Years: %
3 Years: %
TTM: -80%
Stock Price CAGR
10 Years: 23%
5 Years: 38%
3 Years: 33%
1 Year: 75%
Return on Equity
10 Years: 1%
5 Years: 0%
3 Years: 0%
Last Year: -9%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

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 14 14 14 14 14 14 14 14 14 14 14 14 14
Reserves 67 51 45 46 57 60 60 67 69 73 74 67 63
60 67 38 40 36 31 29 27 24 28 32 26 31
13 17 32 32 37 49 43 30 21 14 31 39 50
Total Liabilities 154 147 129 132 144 153 146 138 126 128 150 146 157
18 21 20 20 28 32 31 20 20 18 18 19 19
CWIP 10 10 0 0 0 0 0 0 0 0 0 0 0
Investments 3 3 13 16 5 4 4 1 1 1 1 1 1
123 113 95 97 111 117 110 117 105 109 132 126 137
Total Assets 154 147 129 132 144 153 146 138 126 128 150 146 157

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-16 1 30 5 6 4 7 0 3 -13 11 -12
-5 -0 -0 -3 -2 -3 -5 2 2 10 -15 19
13 3 -33 -2 -4 -4 -3 -2 -4 3 3 -7
Net Cash Flow -8 4 -3 -0 -0 -3 -0 0 1 -0 -1 -0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 115 106 106 109 123 154 131 183 325 282 169 84
Inventory Days 34 90 108 96 99 70 92 155 168 145 136 238
Days Payable 16 32 85 63 66 106 102 128 155 76 106 126
Cash Conversion Cycle 133 164 130 142 155 118 120 210 338 350 199 196
Working Capital Days 146 176 137 123 135 122 142 281 464 392 236 218
ROCE % 6% -8% -1% 6% 7% 4% 3% 2% 2% 5% 4% -5%

Shareholding Pattern

Numbers in percentages

34 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
72.98% 72.98% 72.98% 72.98% 72.76% 72.98% 72.98% 72.98% 72.98% 72.98% 72.98% 72.98%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.01% 0.02% 0.00% 0.00% 0.05%
27.02% 27.02% 27.02% 27.02% 27.23% 27.01% 27.02% 27.01% 27.01% 27.02% 27.03% 26.96%
No. of Shareholders 5,6855,8588,0457,8327,7607,6037,4817,2787,0356,5336,5116,999

* 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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