Banaras Beads

When is the next results date for Banaras Beads?

No Upcoming Board Meetings

What does Banaras Beads do?

Banaras Beads Ltd is a micro-cap export house established in 1980, specializing in the manufacturing and export of glass beads, fashion jewellery, and accessories. As of March 2025, it reported net sales of 7 Cr and a net profit of 1 Cr.

Overview: <BR>Banaras Beads Ltd is an export house engaged in the manufacturing and export of handicrafts, specifically glass beads, fashion jewellery, and accessories, operating within the Gems, Jewellery and Watches industry and categorized as a Micro Cap company.<BR><BR>History: <BR>Banaras Beads Limited was established as a Public Limited Company in April 1980. It is recognized as an export house by the Government of India. The latest quarterly results reported net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 7 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 1 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs 81 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 25.00 <BR>Industry P/E: 32 <BR>Dividend Yield: 1.88% <BR>Debt-Equity: 0.10 <BR>Return on Equity: 5.50% <BR>Price to Book: 1.38 <BR><BR>Contact Details: <BR>Address: A-1 & A-5 Indl Estate, Varanasi, Uttar Pradesh: 221106 <BR>Tel: 91-542-2370161-4 <BR>Email: info@banarasbead.com <BR>Website: http://www.banarasbead.com

Has Banaras Beads declared dividend?

Yes, Banaras Beads Ltd has declared a 22% dividend, amounting to ₹2.2 per share, with an ex-date of February 7, 2025. The company has shown strong total returns over various periods, particularly in the long term.

Banaras Beads Ltd has declared a 22% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 22%<BR>- Amount per share: 2.2<BR>- Ex-date: Feb-07-2025<BR><BR>Dividend Yield: 1.88%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -20.32%, the dividend return was 1.52%, resulting in a total return of -18.8%.<BR><BR>Over the past year, the price return was 41.49%, the dividend return was 2.39%, leading to a total return of 43.88%.<BR><BR>In the 2-year period, the price return was 41.4%, the dividend return was 5.04%, culminating in a total return of 46.44%.<BR><BR>For the 3-year period, the price return was 59.95%, the dividend return was 8.93%, which resulted in a total return of 68.88%.<BR><BR>In the last 4 years, the price return was 102.89%, the dividend return was 14.77%, yielding a total return of 117.66%.<BR><BR>Finally, over the 5-year period, the price return was 260.73%, the dividend return was 18.45%, giving a total return of 279.18%.<BR><BR>Overall, Banaras Beads Ltd has declared a substantial dividend, and the total returns over various periods indicate strong performance, particularly over the longer term, suggesting a positive outlook for investors.

Who are the peers of the Banaras Beads?

Peers of Banaras Beads include Titan Company, Kalyan Jewellers, PC Jeweller, and others. Titan Company and Kalyan Jewellers show excellent management and growth, while Banaras Beads has below-average growth and a 1-year return of 33.47%.

Peers: The peers of Banaras Beads are Titan Company, Kalyan Jewellers, PC Jeweller, P N Gadgil Jewe., Ethos Ltd, Veeram Securit., Dev Labtech, AKI India, and Swarnsarita Jewel.<BR><BR>Quality Snapshot: Excellent management risk is observed at Titan Company, Kalyan Jewellers, P N Gadgil Jewe., while Average management risk is found at Ethos Ltd, Banaras Beads, Veeram Securit., and AKI India. Below Average management risk is noted for PC Jeweller, Dev Labtech, Swarnsarita Jewel. For Growth, Excellent growth is seen at Titan Company, Kalyan Jewellers, P N Gadgil Jewe., Ethos Ltd, while Below Average growth is found at Banaras Beads, Veeram Securit., AKI India, PC Jeweller, Dev Labtech, Swarnsarita Jewel. Good capital structure is noted for Titan Company, P N Gadgil Jewe., Ethos Ltd, Banaras Beads, Veeram Securit., while Below Average capital structure is observed at Kalyan Jewellers, PC Jeweller, Dev Labtech, AKI India, Swarnsarita Jewel.<BR><BR>Return Snapshot: The peer with the highest 1-year return is PC Jeweller at 154.87%, while the lowest is AKI India at -63.58%. Banaras Beads has a 1-year return of 33.47%, which is significantly higher than AKI India but lower than PC Jeweller. Additionally, the peers with negative six-month returns include Kalyan Jewellers, PC Jeweller, P N Gadgil Jewe., Dev Labtech, AKI India.

What is the technical trend for Banaras Beads?

As of June 5, 2025, Banaras Beads shows a mildly bearish trend due to bearish signals from the weekly MACD and moving averages, despite some conflicting indicators suggesting mild bullishness on a monthly basis.

As of 5 June 2025, the technical trend for Banaras Beads has changed from mildly bullish to mildly bearish. The weekly MACD is bearish, and the daily moving averages also indicate a bearish stance. The weekly Bollinger Bands are bearish, while the monthly Bollinger Bands show a mildly bullish signal. The KST is mildly bullish on a weekly basis but bullish on a monthly basis, which adds some conflicting signals. The Dow Theory indicates a mildly bearish trend on the weekly chart with no trend on the monthly. Overall, the current technical stance is mildly bearish, driven primarily by the bearish indicators in MACD and moving averages.

Who are in the management team of Banaras Beads?

As of March 2023, the management team of Banaras Beads includes Ashok Kumar Gupta (Chairman & Managing Director), Siddharth Gupta (Managing Director & CEO), R K Singh (Company Secretary), Shalini Chandra (Executive Director), and three Independent Directors: Anil Kumar Gupta, Sushil Kumar Kandoi, and Manan Kumar Sah. They oversee the company's operations and strategic direction.

As of March 2023, the management team of Banaras Beads includes the following individuals:<BR><BR>1. Ashok Kumar Gupta - Chairman & Managing Director<BR>2. Siddharth Gupta - Managing Director & CEO<BR>3. R K Singh - Company Secretary & Compliance Officer<BR>4. Shalini Chandra - Executive Director<BR>5. Anil Kumar Gupta - Independent Director<BR>6. Sushil Kumar Kandoi - Independent Director<BR>7. Manan Kumar Sah - Independent Director<BR><BR>This team is responsible for overseeing the operations and strategic direction of the company.

Who are the top shareholders of the Banaras Beads?

The top shareholders of Banaras Beads include Ashok Kumar Gupta with 13.35%, the Ram Gulam Kanhiya Lal Charitable Trust at 14.63%, and individual investors holding 21.07%. There are no pledged promoter holdings, and mutual funds and foreign institutional investors have minimal stakes.

The top shareholders of Banaras Beads include Ashok Kumar Gupta, who is the promoter with the highest holding at 13.35%. The highest public shareholder is the Ram Gulam Kanhiya Lal Charitable Trust, which holds 14.63%. Additionally, individual investors collectively hold 21.07% of the shares. The company has no pledged promoter holdings, and mutual funds have a minimal presence with only one scheme holding 0.0%, while two foreign institutional investors (FIIs) hold 0.04%.

How big is Banaras Beads?

As of 24th July, Banaras Beads Ltd has a market capitalization of 80.00 Cr, with Net Sales of 31.57 Cr and a Net Profit of 3.09 Cr reported over the latest four quarters. The company has Shareholder's Funds of 55.84 Cr and Total Assets of 66.59 Cr as of March 2025.

As of 24th July, Banaras Beads Ltd has a market capitalization of 80.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Banaras Beads reported Net Sales of 31.57 Cr and a Net Profit of 3.09 Cr.<BR><BR>For the reporting period of March 2025, the company has Shareholder's Funds amounting to 55.84 Cr and Total Assets of 66.59 Cr.

How has been the historical performance of Banaras Beads?

Banaras Beads has shown steady growth in net sales and profitability, with net sales increasing from 25.12 Cr in Mar'22 to 31.56 Cr in Mar'25, and profit after tax rising to 3.09 Cr in Mar'25. The company also improved its cash flow from operating activities significantly, indicating a positive financial trajectory.

Answer:<BR>The historical performance of Banaras Beads shows a steady increase in net sales and profitability over the years, with notable growth in recent periods.<BR><BR>Breakdown:<BR>Banaras Beads has demonstrated a consistent upward trend in net sales, rising from 25.12 Cr in Mar'22 to 31.56 Cr in Mar'25. This growth is accompanied by a corresponding increase in total operating income, which reached 31.56 Cr in Mar'25, up from 28.22 Cr in Mar'24. The company's total expenditure also increased, but at a slower pace, leading to an operating profit of 6.11 Cr in Mar'25, compared to 5.10 Cr in Mar'24. Profit before tax has also shown improvement, climbing to 4.05 Cr in Mar'25 from 3.69 Cr in Mar'24, while profit after tax reached 3.09 Cr in Mar'25, up from 2.75 Cr in Mar'24. The earnings per share (EPS) increased to 4.67 in Mar'25, reflecting the company's enhanced profitability. On the balance sheet, total assets grew to 66.59 Cr in Mar'25 from 59.79 Cr in Mar'24, with total liabilities also increasing to 66.59 Cr. The cash flow from operating activities improved significantly to 4.00 Cr in Mar'25, contrasting with a negative cash flow of -3.00 Cr in Mar'24, although the net cash outflow for Mar'25 was -9.00 Cr. Overall, Banaras Beads has shown a positive trajectory in its financial performance, with increasing sales, profits, and shareholder equity.

Is Banaras Beads overvalued or undervalued?

As of December 2, 2025, Banaras Beads is considered very expensive and overvalued with a PE ratio of 47.66, an EV to EBITDA ratio of 33.38, and a Price to Book Value of 1.53, lagging behind the Sensex with a year-to-date return of 4.84%.

As of 2 December 2025, the valuation grade for Banaras Beads has moved from expensive to very expensive, indicating a significant increase in perceived valuation. The company is currently deemed overvalued. Key ratios include a PE ratio of 47.66, an EV to EBITDA ratio of 33.38, and a Price to Book Value of 1.53, all of which suggest that the stock is trading at a premium compared to its earnings and assets.<BR><BR>In comparison to its peers, Banaras Beads' PE ratio is notably lower than Altius Telecom, which has a PE of 52.52, while also being higher than Sagility, which is rated fair with a PE of 28.88. This disparity highlights that Banaras Beads is priced significantly higher than some competitors, reinforcing its overvalued status. Additionally, the company's recent stock performance has lagged behind the Sensex, with a year-to-date return of 4.84% compared to the Sensex's 8.96%, further indicating potential concerns regarding its valuation.

Are Banaras Beads Ltd latest results good or bad?

Banaras Beads Ltd's latest results are concerning, with a 93.43% decline in net profit and a 56.28% drop in revenue year-on-year, indicating severe challenges in the gems and jewellery sector. The overall assessment suggests a "Strong Sell" recommendation due to deteriorating operational performance.

The latest results for Banaras Beads Ltd are quite concerning. In Q2 FY26, the company reported a net profit of just ₹0.04 crores, which is a staggering 93.43% decline year-on-year. Revenue also fell sharply by 56.28% year-on-year, dropping to ₹5.05 crores, marking the lowest quarterly revenue in the company's recent history. This significant drop in both profit and revenue indicates severe challenges in demand within the gems and jewellery sector.<BR><BR>Additionally, the operating margin has contracted to 6.14%, down from 15.32% in the previous year, while the profit after tax margin has plummeted to 0.79% from 12.03%. These figures reflect a deteriorating operational performance and suggest that the company is facing structural issues that could threaten its long-term viability.<BR><BR>The stock has also underperformed, declining 18.95% over the past year, and currently trades significantly below its 52-week high. The overall assessment points to a "Strong Sell" recommendation, highlighting the urgent need for management to address these operational challenges. Given these results, it is safe to say that the latest performance is bad.

Should I buy, sell or hold Banaras Beads Ltd?

Which are the latest news on Banaras Beads?

Why is Banaras Beads Ltd falling/rising?

As of 02-Feb, Banaras Beads Ltd's stock price is declining, currently at 108.30, with a 1.7 (-1.55%) drop. The stock's weak performance is attributed to poor financial fundamentals, including a negative CAGR in operating profits and a significant decline in net sales and profit after tax.

As of 02-Feb, Banaras Beads Ltd's stock price is falling, currently at 108.30, reflecting a decrease of 1.7 (-1.55%). The stock has been on a downward trend, having lost 2.96% over the last two days and underperformed its sector by 0.69% today. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a weak performance relative to its historical price trends.<BR><BR>The company's financial fundamentals also contribute to the decline. Over the past five years, it has experienced a -8.84% compound annual growth rate (CAGR) in operating profits, and its ability to service debt is weak, as evidenced by a poor EBIT to Interest ratio of 1.92. Recent financial results show a significant drop in net sales and profit after tax, both declining by 26.14% in the latest six months. Furthermore, the return on capital employed (ROCE) is at a low of 4.22%, and the stock is trading at a premium compared to its peers, which suggests an expensive valuation.<BR><BR>Overall, the combination of poor financial performance, declining investor participation, and underperformance against benchmarks has led to the current falling stock price of Banaras Beads Ltd.