Bhandari Hosiery

Who are in the management team of Bhandari Hosiery?

As of March 2022, the management team of Bhandari Hosiery includes Nitin Bhandari (Chairman/Executive Director), Vikas Nayyar, Rajesh Kumar (both Non-Executive Directors), and four Independent Non-Executive Directors: Surinder Kumar Kapoor, Geetika Bhalla, Alka Gambhir, and Komal Bhalla. Nitin Bhandari is the only member with specified remuneration of Rs. 48.0 lacs, while the others do not receive remuneration.

As of March 2022, the management team of Bhandari Hosiery includes the following individuals:<BR><BR>1. Nitin Bhandari - Chairman / Executive Director<BR>2. Vikas Nayyar - Non Executive Director<BR>3. Rajesh Kumar - Non Executive Director<BR>4. Surinder Kumar Kapoor - Independent Non Executive Director<BR>5. Geetika Bhalla - Independent Non Executive Director<BR>6. Alka Gambhir - Independent Non Executive Director<BR>7. Komal Bhalla - Independent Non Executive Director<BR><BR>Nitin Bhandari is the only member with a specified remuneration, which is Rs. 48.0 lacs. The other directors serve in non-executive or independent roles without remuneration.

What is the bonus history of the Bhandari Hosiery?

Bhandari Hosiery's latest bonus issue was a 7:20 ratio, announced on February 24, 2011, with a record date of February 25, 2011, meaning shareholders received 7 additional shares for every 20 shares held.

Bhandari Hosiery has a notable bonus history, with its latest bonus issue being a 7:20 ratio. This was announced with an ex-date of February 24, 2011, and the record date was February 25, 2011. This means that for every 20 shares held, shareholders received 7 additional shares as a bonus. If you have any more questions about the company or its financials, feel free to ask!

Has Bhandari Hosiery declared dividend?

Bhandari Hosiery Exports Ltd has declared a 2% dividend, amounting to ₹0.01 per share, with an ex-date of September 23, 2024. While recent total returns have been negative over shorter periods, the company has shown significant growth over the longer term, particularly a 419.55% total return over five years.

Bhandari Hosiery Exports Ltd has declared a 2% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 2%<BR>- Amount per share: 0.01<BR>- Ex-date: 23 Sep 2024<BR><BR>Dividend Yield: 0.17%.<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -25.33%, the dividend return was 0%, resulting in a total return of -25.33%.<BR><BR>For the 1-year period, the price return was -15.48%, the dividend return was 0.14%, leading to a total return of -15.34%.<BR><BR>Over the 2-year period, the price return was 26.19%, the dividend return was 0.44%, which resulted in a total return of 26.63%.<BR><BR>In the 3-year period, the price return was -2.68%, the dividend return was 0.59%, culminating in a total return of -2.09%.<BR><BR>For the 4-year period, the price return was 114.91%, the dividend return was 1.31%, resulting in a total return of 116.22%.<BR><BR>In the 5-year period, the price return was 416.13%, the dividend return was 3.42%, leading to a total return of 419.55%.<BR><BR>Overall, while Bhandari Hosiery has declared a dividend, the total returns over shorter periods have been negative, indicating potential volatility. However, there are positive returns over the longer term, particularly in the 5-year period, suggesting growth potential.

Who are the peers of the Bhandari Hosiery?

Bhandari Hosiery's peers include Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Omnitex Industri, Pion. Embroider., Suryalak. Cott., SEL Mfg. Co, and Bhilwara Spinner. Bhandari Hosiery has below-average management risk and a 1-year return of -16.23%, better than SEL Mfg. Co but lower than most peers.

Peers: The peers of Bhandari Hosiery are Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Omnitex Industri, Pion. Embroider., Suryalak. Cott., SEL Mfg. Co, and Bhilwara Spinner.<BR><BR>Quality Snapshot: Excellent management risk is observed at Page Industries, K P R Mill Ltd, and Vedant Fashions, while Good management risk is found at Trent, and Average management risk is noted at Omnitex Industri. Below Average management risk is present at Bhandari Hosiery, Pion. Embroider., Suryalak. Cott., SEL Mfg. Co, and Bhilwara Spinner. Growth is Excellent at K P R Mill Ltd, while Good growth is seen at Suryalak. Cott. and the rest have Below Average growth. Capital Structure is Excellent at Page Industries and K P R Mill Ltd, while Good capital structure is noted at Trident, and the rest have Below Average capital structure.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Omnitex Industri at 100.30%, while the lowest is SEL Mfg. Co at -44.95%. Bhandari Hosiery's 1-year return is -16.23%, which is higher than SEL Mfg. Co but lower than the majority of its peers. Additionally, several peers, including Vedant Fashions, Trident, SEL Mfg. Co, and Bhilwara Spinner, have negative six-month returns.

What is the technical trend for Bhandari Hosiery?

As of May 13, 2025, Bhandari Hosiery's technical trend is mildly bearish, with daily moving averages and monthly MACD indicating short-term weakness, despite some mildly bullish signals from the weekly MACD and Bollinger Bands.

As of 13 May 2025, the technical trend for Bhandari Hosiery has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD remains bearish. The daily moving averages are mildly bearish, suggesting short-term weakness. Bollinger Bands show a bullish signal on the weekly chart but are mildly bearish on the monthly chart. The KST and OBV both reflect a mildly bullish trend on the weekly basis, but are mildly bearish monthly. Overall, the current technical stance is mildly bearish, with key indicators such as the daily moving averages and monthly MACD contributing to this view.

Is Bhandari Hosiery overvalued or undervalued?

As of June 13, 2025, Bhandari Hosiery is considered very attractive with a PE ratio of 17.15 and strong growth potential, despite a recent stock price decline and underperformance compared to the Sensex, making it a compelling investment opportunity.

As of 13 June 2025, Bhandari Hosiery has moved from an attractive to a very attractive valuation grade. The company is currently undervalued, with a PE ratio of 17.15, a Price to Book Value of 0.89, and an EV to EBITDA ratio of 7.85. In comparison to its peers, K P R Mill Ltd is very expensive with a PE ratio of 45.8, while Vardhman Textile is considered expensive with a PE ratio of 15.83, highlighting Bhandari Hosiery's relative value.<BR><BR>Despite a recent decline in stock price, the company's fundamentals indicate strong potential for growth, as evidenced by a PEG ratio of 0.00 and a ROCE of 8.68%. While the stock has underperformed the Sensex year-to-date with a return of -21.28% compared to the Sensex's 3.81%, its long-term performance over five years shows a remarkable increase of 400.79%. This suggests that Bhandari Hosiery may present a compelling investment opportunity at its current valuation.

What does Bhandari Hosiery do?

Bhandari Hosiery Exports Ltd is a garment manufacturing company specializing in high fashion cotton knitted garments, with a market cap of INR 137 Cr and reported net sales of 892 Cr and net profit of 26 Cr for the quarter ending March 2025. The company was incorporated in 1993 and is classified as a Micro Cap in the Garments & Apparels industry.

Overview:<BR>Bhandari Hosiery Exports Ltd is a garment manufacturing company specializing in high fashion cotton knitted garments, operating within the Garments & Apparels industry and classified as a Micro Cap.<BR><BR>History:<BR>Incorporated as a Public Limited Company in November 1993, Bhandari Hosiery Exports Ltd has been promoted by Naresh Bhandari. The latest quarterly results reported net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>Net Sales: 892 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 26 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: INR 137 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 18.00 <BR>Industry P/E: 23 <BR>Dividend Yield: 0.17% <BR>Debt Equity: 0.58 <BR>Return on Equity: 5.17% <BR>Price to Book: 0.92 <BR><BR>Contact Details:<BR>Address: Bhandari House, Village Meharban Rahon Road Ludhiana Punjab : 141007 <BR>Tel: 91-0161-88720-16410 <BR>Email: bhandari@bhandariexport.com <BR>Website: http://www.bhandariexport.com

Who are the top shareholders of the Bhandari Hosiery?

The top shareholder of Bhandari Hosiery is promoter Nitin Bhandari, holding 18.39%, followed by public shareholder Udyan Ashok Singhania at 1.74%. Individual investors collectively own 63.48% of the shares, with no mutual funds or foreign institutional investors involved.

The top shareholders of Bhandari Hosiery include Nitin Bhandari, who is the promoter with the highest holding at 18.39%. The highest public shareholder is Udyan Ashok Singhania, holding 1.74%. Additionally, individual investors collectively hold a significant 63.48% of the company's shares. There are no mutual funds or foreign institutional investors currently holding shares in the company, and there are no pledged promoter holdings.

How big is Bhandari Hosiery?

As of 24th July, Bhandari Hosiery Exports Ltd has a market capitalization of 137.00 Cr and reported net sales of 278.55 Cr and a net profit of 7.77 Cr over the latest four quarters.

As of 24th July, <BR><BR>Market Cap: Bhandari Hosiery Exports Ltd has a market capitalization of 137.00 Cr, classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 278.55 Cr, while the sum of Net Profit for the same period is 7.77 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the latest annual data is March 2024. Shareholder's Funds amount to 99.59 Cr, and Total Assets are valued at 249.01 Cr.

Are Bhandari Hosiery latest results good or bad?

Bhandari Hosiery Exports' latest results are concerning, with a 16.6% decline in Profit After Tax to Rs 1.62 crore and a 9.7% drop in net sales to Rs 62.91 crore, indicating significant challenges in profitability and overall financial health.

Bhandari Hosiery Exports' latest financial results indicate a challenging period for the company. For the quarter ending June 2025, the Profit After Tax (PAT) was reported at Rs 1.62 crore, which is a decline of 16.6% compared to the average PAT of Rs 1.94 crore over the previous four quarters. This drop in profitability suggests difficulties in maintaining earnings.<BR><BR>Net sales also decreased significantly, standing at Rs 62.91 crore, down 9.7% from the average of Rs 69.64 crore in the preceding quarters. This decline in sales further underscores the negative trend the company is experiencing.<BR><BR>Additionally, the Earnings per Share (EPS) fell to Rs 0.07, marking the lowest level in the last five quarters. The overall performance has led to a significant drop in the company's score, indicating that Bhandari Hosiery Exports is facing substantial challenges ahead.<BR><BR>In summary, the latest results reflect a downturn in both profitability and sales, suggesting that the company's current financial health is not strong.

When is the next results date for Bhandari Hosiery?

Bhandari Hosiery will announce its results on 14 November 2025.

Bhandari Hosiery will declare its results on 14 November 2025.

How has been the historical performance of Bhandari Hosiery?

Bhandari Hosiery's historical performance shows fluctuating net sales, peaking at 283.28 Cr in March 2022, declining to 266.73 Cr in March 2024, and recovering to 278.55 Cr in March 2025, while profitability improved significantly, with profit after tax rising from 1.67 Cr in March 2021 to 7.71 Cr in March 2025. Despite some cash flow challenges, the company demonstrated resilience with asset growth and enhanced operational efficiency.

Answer:<BR>The historical performance of Bhandari Hosiery shows a fluctuating trend in net sales and profits over the years, with a notable increase in recent periods.<BR><BR>Breakdown:<BR>Bhandari Hosiery's net sales peaked at 283.28 Cr in March 2022 but saw a decline to 266.73 Cr in March 2024 before recovering slightly to 278.55 Cr in March 2025. The total operating income followed a similar pattern, reflecting the same figures as net sales. The raw material costs have remained relatively stable, with a slight decrease from 216.33 Cr in March 2023 to 201.58 Cr in March 2025. Operating profit, excluding other income, increased from 17.99 Cr in March 2021 to 28.15 Cr in March 2025, indicating improved operational efficiency. Profit before tax also showed a positive trend, rising from 2.12 Cr in March 2021 to 10.19 Cr in March 2025. Profit after tax followed suit, increasing from 1.67 Cr in March 2021 to 7.71 Cr in March 2025. The company's total assets grew from 205.13 Cr in March 2020 to 275.57 Cr in March 2025, while total liabilities increased from 205.13 Cr to 275.57 Cr in the same period. Cash flow from operating activities turned negative in March 2025 at -25.00 Cr, contrasting with a positive cash flow of 10.00 Cr in March 2024. Overall, Bhandari Hosiery has shown resilience with a gradual improvement in profitability and asset growth, despite some fluctuations in sales and cash flow.

Should I buy, sell or hold Bhandari Hosiery?

Why is Bhandari Hosiery Exports Ltd falling/rising?

As of 18-Jan, Bhandari Hosiery Exports Ltd's stock price is at 3.87, reflecting a significant decline of -43.09% over the past year. The stock continues to underperform against benchmarks and shows weak long-term growth and high debt levels, contributing to a negative outlook.

As of 18-Jan, Bhandari Hosiery Exports Ltd's stock price is falling, currently at 3.87, which reflects a change of -0.17 or -4.21%. The stock has underperformed significantly compared to the benchmark Sensex, with a 1-week decline of -2.52% and a 1-month decline of -5.15%. Over the past year, the stock has experienced a substantial drop of -43.09%, while the Sensex has gained 8.47%.<BR><BR>Today's performance indicates that the stock has underperformed its sector by -3.8%. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a persistent downward trend. Additionally, there has been a decrease in investor participation, with delivery volume falling by -12.16% compared to the 5-day average.<BR><BR>Despite some positive factors, such as a very attractive valuation with a Return on Capital Employed (ROCE) of 8.2 and a PEG ratio of 0.4, the overall outlook remains weak. The company has shown poor long-term growth, with net sales growing at an annual rate of only 3.45% and a high Debt to EBITDA ratio of 4.37 times, indicating low ability to service debt. These factors contribute to the stock's decline, as it has consistently underperformed both in the near term and long term.

Which are the latest news on Bhandari Hosiery?