Bhandari Hosiery

Why is Bhandari Hosiery Exports Ltd falling/rising?

As of 03-Aug, Bhandari Hosiery Exports Ltd's stock price is 2.88, unchanged from the previous day, and has experienced significant declines of 17.00% year-to-date and 36.00% over the past year, indicating weak financial performance and a bearish trend. The company's fundamentals are also weak, with a low Return on Capital Employed and high Debt to EBITDA ratio, contributing to its underperformance.

As of 03-Aug, Bhandari Hosiery Exports Ltd's stock price is currently at 2.88, with no change from the previous day. The stock has been experiencing a downward trend, evidenced by its performance over various periods. In the past week, the stock has fallen by 1.03%, and over the last month, it has decreased by 4.95%. Year-to-date, the stock has dropped by 17.00%, and it has seen a significant decline of 36.00% over the past year. This underperformance is starkly contrasted with the Sensex, which has shown positive returns in the same periods.<BR><BR>The stock is also trading below its moving averages across multiple time frames, indicating a bearish trend. Additionally, despite a notable increase in delivery volume, which rose by 423.11% on July 31, the overall performance today has underperformed the sector by 1.14%. <BR><BR>Financially, the company shows weak long-term fundamental strength, with a Return on Capital Employed (ROCE) of 8.2, which is below the average ROCE of 8.75%. The company's net sales growth has been modest at an annual rate of 4.42%, and its ability to service debt is concerning, as indicated by a high Debt to EBITDA ratio of 3.62 times. Furthermore, the stock has generated a return of -36.00% over the past year, reflecting poor performance both in the long term and near term.<BR><BR>Overall, the combination of declining stock performance, weak financial metrics, and underperformance relative to benchmarks contributes to the falling price of Bhandari Hosiery Exports Ltd.

Which are the latest news on Bhandari Hosiery?

Should I buy, sell or hold Bhandari Hosiery Exports Ltd?

How big is Bhandari Hosiery?

As of 10th June, Bhandari Hosiery Exports Ltd has a market capitalization of 133.00 Cr, with recent net sales of 280.34 Cr and a net profit of 7.77 Cr.

As of 10th June, Bhandari Hosiery Exports Ltd has a market capitalization of 133.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Bhandari Hosiery reported Net Sales of 280.34 Cr and a Net Profit of 7.77 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 153.15 Cr and Total Assets of 275.57 Cr.

Who are in the management team of Bhandari Hosiery?

The management team of Bhandari Hosiery includes Nitin Bhandari (Chairman/Executive Director), Vikas Nayyar, Rajesh Kumar (both Non-Executive Directors), and several Independent Non-Executive Directors: Surinder Kumar Kapoor, Geetika Bhalla, Alka Gambhir, and Komal Bhalla. Only Nitin Bhandari receives remuneration, which is 48.0 lacs INR, while the other directors do not.

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 listed with a remuneration, which is 48.0 lacs INR. The other directors do not receive remuneration.

Who are the peers of the Bhandari Hosiery?

Bhandari Hosiery's peers include Swadeshi Polytex, Indian CardCloth, and several others. It has below-average management risk and growth, with a 1-year return of -38.31%, better than Swadeshi Polytex but worse than Indian CardCloth.

Peers: The peers of Bhandari Hosiery are Swadeshi Polytex, Indian CardCloth, Binayaka Tex Pr, Praxis Home, BSL, Premco Global, Weizmann, Scoobee Garments, Lorenzini Appar, and Salona Cotspin.<BR><BR>Quality Snapshot: Excellent management risk is observed at Swadeshi Polytex and Lorenzini Appar, while Average management risk is found at Indian CardCloth, BSL, Premco Global, Weizmann, and Scoobee Garments, and the rest. Below Average management risk is noted for Binayaka Tex Pr, Praxis Home, and Bhandari Hosiery. Growth is Average at Swadeshi Polytex, while Below Average growth is seen at Indian CardCloth, Binayaka Tex Pr, Praxis Home, Bhandari Hosiery, BSL, Premco Global, Weizmann, Scoobee Garments, and the rest. Capital Structure is Excellent at Premco Global, Good at Swadeshi Polytex and Lorenzini Appar, while Below Average is noted for Indian CardCloth, Binayaka Tex Pr, Praxis Home, Bhandari Hosiery, BSL, Scoobee Garments, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Indian CardCloth at -33.00%, while the lowest is Swadeshi Polytex at -47.84%. Bhandari Hosiery's 1-year return is -38.31%, which is better than Swadeshi Polytex but worse than Indian CardCloth. Additionally, several peers, including Binayaka Tex Pr, Praxis Home, BSL, Premco Global, Weizmann, Scoobee Garments, and Lorenzini Appar, have negative six-month returns.

What does Bhandari Hosiery do?

Bhandari Hosiery Exports Ltd is a micro-cap garment manufacturing company specializing in high fashion cotton knitted garments, with a net sales of 90 Cr and a net profit of 2 Cr reported for March 2026. The company was incorporated in 1993 and is based in Ludhiana, Punjab.

Overview:<BR>Bhandari Hosiery Exports Ltd is a garment manufacturing company in the Garments & Apparels industry, categorized as a Micro Cap.<BR><BR>History:<BR>Incorporated in November 1993 and promoted by Naresh Bhandari, the company has been manufacturing high fashion cotton knitted garments. The latest quarterly results reported net sales and profit for March 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 90 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 2 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 133 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 17.00 <BR>Industry P/E: 23 <BR>Dividend Yield: 0.36% <BR>Debt-Equity: 0.65 <BR>Return on Equity: 4.97% <BR>Price to Book: 0.86 <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

Are Bhandari Hosiery Exports Ltd latest results good or bad?

Bhandari Hosiery Exports Ltd's latest Q4 FY26 results show strong revenue growth of 52.50% to ₹90.05 crores, but net profit fell 13.70% quarter-on-quarter and 28.68% year-on-year, with operating margins declining to 7.76%. While revenue growth is positive, the drop in profitability raises concerns for investors.

Bhandari Hosiery Exports Ltd's latest results for Q4 FY26 present a mixed picture. On one hand, the company achieved a significant revenue increase of 52.50% quarter-on-quarter, reaching ₹90.05 crores, which is the highest quarterly revenue in at least eight quarters. This surge is attributed to strong seasonal demand typical for garment exporters.<BR><BR>However, the profitability metrics tell a different story. The net profit fell to ₹1.89 crores, down 13.70% from the previous quarter and down 28.68% year-on-year. The operating margin also declined sharply to 7.76%, marking the lowest level in eight quarters, down from 12.36% in the preceding quarter. This deterioration in profitability is concerning, especially given the elevated tax rate of 35.40%, which significantly impacted the bottom line.<BR><BR>Overall, while the revenue growth is a positive sign, the decline in net profit and operating margins raises concerns about the company's ability to maintain profitability amidst rising costs and operational challenges. Investors may view the results as unfavorable due to these profitability issues, despite the strong revenue performance.

When is the next results date for Bhandari Hosiery Exports Ltd?

The next results date for Bhandari Hosiery Exports Ltd is 29 May 2026.

The next results date for Bhandari Hosiery Exports Ltd is scheduled for 29 May 2026.

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.

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.

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 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.

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.