Banaras Beads

Which are the latest news on Banaras Beads?

Why is Banaras Beads Ltd falling/rising?

As of 16-Jun, Banaras Beads Ltd's stock price is Rs 99.45, down 1.58%, and has significantly underperformed the Sensex with a year-to-date decline of 22.27%. The stock is near its 52-week low and shows a lack of investor interest, trading below its moving averages, indicating a bearish trend.

As of 16-Jun, Banaras Beads Ltd's stock price is falling, currently at Rs 99.45, which reflects a decrease of Rs 1.6 or 1.58%. The stock has been underperforming significantly compared to the benchmark Sensex, with a 1-week decline of 0.15% against a 3.91% increase in the Sensex. Over the past month, the stock has dropped by 14.96%, while the Sensex has risen by 2.09%. Year-to-date, Banaras Beads Ltd has experienced a decline of 22.27%, compared to a 9.87% drop in the Sensex.<BR><BR>Additionally, the stock is close to its 52-week low, being only 2.02% away from Rs 97. It has been on a consecutive downward trend for the last two days, with a total decline of 2.8% during this period. The stock's performance today has also underperformed its sector by 2.57%. <BR><BR>The stock's trading activity indicates a lack of investor interest, as the delivery volume has decreased by 47.46% compared to the 5-day average. Furthermore, Banaras Beads Ltd is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which typically signals a bearish trend. Overall, these factors contribute to the stock's current decline.

How big is Banaras Beads?

As of 10th June, Banaras Beads Ltd has a market capitalization of 67.00 Cr, with recent net sales of 25.49 Cr and a net profit of 1.78 Cr. Shareholder's funds are 55.84 Cr, and total assets are valued at 66.59 Cr.

As of 10th June, Banaras Beads Ltd has a market capitalization of 67.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Banaras Beads reported Net Sales of 25.49 Cr and a Net Profit of 1.78 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 55.84 Cr and Total Assets valued at 66.59 Cr.

Who are in the management team of Banaras Beads?

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 are responsible for the company's operations and strategic direction.

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 plays a crucial role in overseeing the company's operations and strategic direction.

Who are the peers of the Banaras Beads?

Peers of Banaras Beads include Viram Suvarn, Ceenik Exports, Royal India Corp, and others. Banaras Beads has a 1-year return of -20.80%, with management risk rated as Average and growth rated as Below Average.

Peers: The peers of Banaras Beads are Viram Suvarn, Ceenik Exports, Royal India Corp, Swarnsarita Jewel, Mishka Exim, AJC Jewel, Guru Krupa Gems, AKI India, and Moksh Ornaments.<BR><BR>Quality Snapshot: Excellent management risk is observed at Mishka Exim and Moksh Ornaments, while Average management risk is found at Viram Suvarn, Royal India Corp, AJC Jewel, and Banaras Beads. Below Average management risk is present at Swarnsarita Jewel, Guru Krupa Gems, Ceenik Exports, AKI India, and the rest. Growth is rated as Good for Viram Suvarn, Royal India Corp, Mishka Exim, and AJC Jewel, while Banaras Beads and Swarnsarita Jewel show Below Average growth, and Ceenik Exports, Guru Krupa Gems, AKI India, and the rest do not qualify. Capital Structure is rated as Good for Banaras Beads and Mishka Exim, while it is Below Average for Royal India Corp and AJC Jewel, and Average for Moksh Ornaments, with the rest showing Below Average.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Guru Krupa Gems at 205.03%, while Ceenik Exports has the lowest at -70.17%. Banaras Beads has a 1-year return of -20.80%, which is higher than Ceenik Exports but lower than Guru Krupa Gems. Additionally, the six-month return is negative for Viram Suvarn, Ceenik Exports, Royal India Corp, Swarnsarita Jewel, Guru Krupa Gems, AKI India, and the rest.

What does Banaras Beads do?

Banaras Beads Ltd manufactures and exports glass beads and fashion jewellery, recognized as an export house in India since 1980. As of March 2026, it reported net sales of 7 Cr and a net profit of 1 Cr, with a market cap of INR 67 Cr.

Overview:<BR>Banaras Beads Ltd is engaged in the manufacturing and export of handicrafts, primarily glass beads and fashion jewellery, operating within the Gems, Jewellery and Watches industry as a micro-cap company.<BR><BR>History:<BR>Banaras Beads Limited was established in April 1980 and is recognized as an export house by the Government of India. The latest financial results reported are for the quarter ending March 2026, showcasing the company's sales and profit figures.<BR><BR>Financial Snapshot:<BR>- Net Sales: 7 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 1 Cr (Quarterly Results - Mar 2026)<BR>- Market-cap: INR 67 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 37.00<BR>- Industry P/E: 32<BR>- Dividend Yield: 0.00%<BR>- Debt-Equity: 0.26<BR>- Return on Equity: 3.09%<BR>- Price to Book: 1.15<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

Should I buy, sell or hold Banaras Beads Ltd?

Are Banaras Beads Ltd latest results good or bad?

Banaras Beads Ltd's latest results are largely negative, with a net profit decline of 16.67% year-on-year and a significant revenue drop of 9.58%. Despite improved operating margins, the overall performance raises concerns about the company's financial health, leading to a negative market reaction.

The latest results for Banaras Beads Ltd indicate a mixed performance, leaning towards the negative side. In Q4 FY26, the company reported a net profit of ₹0.55 crore, which represents a decline of 5.17% quarter-on-quarter and 16.67% year-on-year. Revenue also fell significantly, with a sequential decrease of 15.67% to ₹6.51 crore, and a year-on-year decline of 9.58%.<BR><BR>On a positive note, the operating margin (excluding other income) improved to 26.27%, the highest in eight quarters, reflecting better cost management despite the revenue drop. However, this margin expansion was not enough to offset the overall decline in profitability and sales.<BR><BR>The market reaction has been negative, with the stock price declining by 1.52% following the results announcement, and it has experienced a year-to-date loss of 13.64%. Additionally, the company is trading significantly below its key moving averages and is down 35.72% from its 52-week high.<BR><BR>Overall, while there are some operational improvements in margins, the substantial drop in revenue and profit raises concerns about the sustainability of the company's financial health. Investors may view these results as unfavorable, reflecting ongoing challenges in maintaining growth and profitability.

When is the next results date for Banaras Beads Ltd?

The next results date for Banaras Beads Ltd is 28 May 2026.

The next results date for Banaras Beads Ltd is scheduled for 28 May 2026.

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.

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.

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%.

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.

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.