Bhandari Hosiery Exports Ltd

Bhandari Hosiery Exports Ltd

₹ 7.25 -0.96%
23 Dec 11:46 a.m.
About

Incorporated in 1994, Bhandari Hosiery Exports Ltd is in the business of textiles and garment manufacturing[1]

Key Points

Business Overview:[1][2]
Incorporated in 1994, BHEL manufactures high-fashion knitted garments at its unit in Ludhiana, Punjab. Mr Naresh Bhandari and Mr Nitin Bhandari manage operations. Company is a part of the Bhandari group. It is a fully integrated textile company that specializes in circular knitted manufacturing. BHEL is engaged in the design, development, knitting, dyeing, finishing, and garmenting and provides fashion supply for retailers and brands worldwide.

  • Market Cap 174 Cr.
  • Current Price 7.25
  • High / Low 11.4 / 5.46
  • Stock P/E 396
  • Book Value
  • Dividend Yield 0.27 %
  • ROCE 8.79 %
  • ROE 4.35 %
  • Face Value 1.00

Pros

  • Debtor days have improved from 35.7 to 28.3 days.

Cons

  • Promoter holding is low: 31.0%
  • Earnings include an other income of Rs.1.60 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: Textiles Industry: Textiles - Products

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Operating Profit
OPM %
Interest
Depreciation
Profit before tax
Tax %
EPS in Rs
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2003 Mar 2004
15.44 21.03
15.37 21.10
Operating Profit 0.07 -0.07
OPM % 0.45% -0.33%
1.17 1.60
Interest 0.48 0.51
Depreciation 0.31 0.37
Profit before tax 0.45 0.65
Tax % 33.33% 32.31%
0.30 0.44
EPS in Rs
Dividend Payout % 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 36%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 47%
Stock Price CAGR
10 Years: 8%
5 Years: 50%
3 Years: 0%
1 Year: 35%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 4%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2003 Mar 2004
Equity Capital 4.56 4.56
Reserves 7.23 3.90
3.06 3.09
3.73 4.35
Total Liabilities 18.58 15.90
6.76 6.50
CWIP 0.00 0.00
Investments 3.75 0.00
8.07 9.40
Total Assets 18.58 15.90

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2003 Mar 2004
Net Cash Flow

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2003 Mar 2004
Debtor Days 43.02 28.29
Inventory Days 182.92 235.48
Days Payable 0.00 0.00
Cash Conversion Cycle 225.94 263.77
Working Capital Days 102.12 90.95
ROCE % 8.79%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
24.95% 24.95% 24.95% 24.95% 24.95% 24.95% 24.95% 24.95% 27.63% 27.63% 27.63% 31.02%
0.03% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.01% 0.00% 0.01% 0.00% 0.00%
75.03% 75.05% 75.05% 75.06% 75.04% 75.05% 75.06% 75.04% 72.37% 72.36% 72.38% 68.97%
No. of Shareholders 36,54850,52150,74350,97853,49853,60957,49778,85779,03385,22788,11994,872

* 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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