Banaras Beads Ltd.

BANARBEADS

₹123.8

-2.67% (-3.4)

Market Cap

₹82 Cr.

P/E

26.61

About

Banaras Beads Limited, an Export house established in 1940, is India's largest manufacturer of Glass Beads, Fashion Jewellery, and Accessories. They produce a wide range of beads made from various mat… Read more

Banaras Beads Limited, an Export house established in 1940, is India's largest manufacturer of… Read more

Low

52W Range

High

169

Timeline

Key company specific updates

Company Timeline

Custom financial statementNew

Edit rows

In Rs. Cr.	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025

In Rs. Cr.	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Balance sheet
Net Block	13.78	12.61	11.26	9.80	19.35	18.16	8.62	8.75	8.44	10.17
Shareholders Funds	42.18	43.63	44.21	45.36	47.66	50.04	51.63	52.84	54.24	55.84
Profit & Loss
Operating Profit	2.76	3.75	3.27	2.57	3.79	3.36	3.15	3.64	2.65	4.12
Net Sales	24.74	27.32	23.78	17.31	25.78	20.47	25.12	26.97	28.22	31.56
Cash flow
Cash from Operating Activity	2.72	5.49	4.43	0.33	3.64	-9.31	-4.00	-4.45	-3.47	4.97
Net Capex (est)	1.76	0.93	9.33	0.26	1.87	0.27	-16.81	1.22	1.02	2.65
Ratios
ROCE (%)	5.16	6.82	5.41	4.16	7.01	6.74	7.86	7.88	7.21	—
ROE (%)	10.23	3.83	3.13	2.55	4.91	4.78	5.66	4.81	5.07	—

Forensics

5 Yes

Positive for this company

2 Neutral

Neutral for this company

9 No

Negative for this company

1 No Data

Insufficient data to analyse

Accounting & Shareholding

Depreciation Effect

Depreciation accounting is not leading to increase in profits
Pledge

Promoters have not pledged a significant portion of their holding
Retail Holding

Retail has been selling the stock which is usually a good time to buy
Promoter Holding

Promoter has not sold any shares in the last 90 days
Other Income

Other income component is making ratios of the company look optically better
Revenue Recognition

Chances of aggressive revenue recognition - operating profit of company is not getting converted to cash and recievables rising faster than sales
Contingent Liabilities

Unable to calculate due to limited data

Price & Performance

ROE

Net profit margin is responsible for roe increase over last 10 years
Debt

Company should not have issues servicing its debt
Balance Sheet Strength

Balance sheet of the company is strong. but it might have issues paying it suppliers
Capex vs ROCE

Roce of the company has decreased even without significant capex
Current vs Historic Valuation

Company is trading at a premium to 3yr historic valuations
Share price

Share price has increased over last 10 years but more due to rerating
Working Capital

Company has significant working capital which is dragging its roce and roe
Sales Growth

Sales of the company has grown at a slow pace
Margin Stability

Margins of the company are volatile
ROCE Strength

Roce of the company is not consistently strong

Revenue mix

Product Wise Break-Up

Peer Comparison

Peer Name	Latest Price	PE	Market cap(Cr)	Prom Holding(%)	YoY Qtly Sales(%)	ROCE (%)	ROE (%)
Banaras Beads	123.8	26.61	82	58.14	-17.13	7.21	5.07
Jai Mata Glass	2.09	0.00	21	44.53	0.93	4.83	0.5
Triveni Glass	13.99	198.22	18	5.46	—	-20.78	-19.48
Hind National Glass	19.99	6.97	181	70.73	-33.73	-32.88	-19.63
Sejal Glass	486.6	44.97	493	75	35.33	9.79	11.35
Haldyn Glass	104.45	29.84	561	58.14	-0.71	12.23	12.31
Empire Inds	1,070.95	18.64	642	72.55	22.62	15.19	12.33
La Opala R G	265.21	30.47	2,943	65.84	-6.57	17.63	15

Corporate Actions

Consolidated Dividend

DATE

DETAILS

2025, Feb 07

Dividend Dividend of Rs.2.25 per share

2024, Feb 12

Dividend Dividend of Rs.2 per share

2023, Jan 30

Dividend Dividend of Rs.2 per share

2021, Nov 11

Dividend Dividend of Rs.2 per share

2017, Sep 20

Dividend Dividend of Rs.1 per share

FAQs on Banaras Beads Ltd. Business

What does Banaras Beads do?

Established in 1940, Banaras Beads Limited is India's leading manufacturer of glass beads, fashion jewellery, and accessories. It offers a diverse range of handicraft products, combining handmade and machine-made techniques for quality production.

Who are the competitors of Banaras Beads?

Banaras Beads major competitors are Jai Mata Glass, Triveni Glass, Hind National Glass, Sejal Glass, Haldyn Glass, Empire Inds, La Opala R G.
Market Cap of Banaras Beads is ₹82 Crs.
While the median market cap of its peers are ₹493 Crs.

Is Banaras Beads financially stable compared to its competitors?

Banaras Beads seems to be financially stable compared to its competitors.
The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.

View FAQ's On Shareprice

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Earnings Release	May
Investor Presentation			Jan	Nov
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Banaras Beads Ltd.

Banaras Beads Ltd.

About

Timeline

Company Timeline

5 Yes

2 Neutral

9 No

1 No Data

Accounting & Shareholding

Depreciation Effect

Pledge

Retail Holding

Promoter Holding

Other Income

Revenue Recognition

Contingent Liabilities

Price & Performance

ROE

Debt

Balance Sheet Strength

Capex vs ROCE

Current vs Historic Valuation

Share price

Working Capital

Sales Growth

Margin Stability

ROCE Strength

Product Wise Break-Up

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Who are the competitors of Banaras Beads?

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