Stock Performance and Market Context
The stock of Bhandari Hosiery Exports Ltd, operating within the Garments & Apparels sector, has been on a downward trajectory for the past seven consecutive trading sessions, resulting in a cumulative loss of 22.06% over this period. Today’s closing price of Rs.3.18 represents the lowest level the stock has reached in the last 52 weeks, down sharply from its 52-week high of Rs.6.66. This decline is notably steeper than the sector’s performance, with the stock underperforming the Garments & Apparels sector by 11.98% today alone.
In contrast, the broader market has exhibited resilience. The Sensex opened 304.20 points higher and further advanced by 338.48 points to close at 82,868.60, a gain of 0.78%. The Sensex remains within 3.97% of its own 52-week high of 86,159.02, supported by strong performances from mega-cap stocks. Despite this positive market environment, Bhandari Hosiery’s shares have continued to weaken, trading below all key moving averages including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, signalling persistent bearish momentum.
Financial Metrics and Long-Term Trends
Over the past year, Bhandari Hosiery Exports Ltd has delivered a total return of -44.54%, a stark contrast to the Sensex’s positive 11.07% return over the same period. The company’s long-term financial indicators reveal several areas of concern. Its average Return on Capital Employed (ROCE) stands at a modest 8.75%, reflecting limited efficiency in generating profits from its capital base. Net sales have grown at a subdued annual rate of 3.28% over the last five years, while operating profit margins have averaged 14.30%, indicating restrained growth and profitability.
Debt servicing capacity is another area of note, with a high Debt to EBITDA ratio of 4.37 times, suggesting elevated leverage and potential pressure on cash flows. The company’s quarterly results for the period ending December 2025 further illustrate these challenges, with net sales at a low Rs.59.05 crores and interest expenses reaching a peak of Rs.2.91 crores, the highest recorded in recent quarters.
Our latest monthly pick, this Large Cap from Aluminium & Aluminium Products, is outperforming the market! See the analysis that helped our Investment Committee select this winner.
- - Market-beating performance
- - Committee-backed winner
- - Aluminium & Aluminium Products standout
Relative Valuation and Peer Comparison
Despite the subdued financial performance, Bhandari Hosiery Exports Ltd exhibits a valuation profile that some may consider attractive. The company’s ROCE of 8.2% is paired with an enterprise value to capital employed ratio of 0.7, indicating that the stock is trading at a discount relative to its capital base. This valuation is lower than the average historical valuations of its peers within the Garments & Apparels sector.
Profitability metrics show a mixed picture; while the stock has declined by 44.54% over the past year, the company’s profits have increased by 26.2% during the same timeframe. The Price/Earnings to Growth (PEG) ratio stands at 0.4, which is relatively low and suggests that the stock’s price decline has outpaced its earnings growth.
Shareholding and Market Sentiment
The majority of Bhandari Hosiery’s shares are held by non-institutional investors, which may influence liquidity and trading dynamics. The company’s Mojo Score, a composite measure of financial health and market sentiment, is currently at 26.0, categorised as a Strong Sell. This rating was downgraded from Sell on 24 February 2026, reflecting deteriorating fundamentals and market performance. The Market Cap Grade is 4, indicating a relatively modest market capitalisation within its sector.
Holding Bhandari Hosiery Exports Ltd from Garments & Apparels? See if there's a smarter choice! SwitchER compares it with peers and suggests superior options across market caps and sectors!
- - Peer comparison ready
- - Superior options identified
- - Cross market-cap analysis
Summary of Performance Trends
In summary, Bhandari Hosiery Exports Ltd has experienced a notable decline in its share price, reaching a new 52-week low of Rs.3.18 amid a backdrop of weak long-term growth and profitability metrics. The stock’s underperformance relative to the Sensex and its sector peers is underscored by its negative returns over one, three, and even shorter time horizons. The company’s financial ratios highlight challenges in capital efficiency and debt management, while valuation metrics suggest the stock is trading at a discount compared to historical and peer benchmarks.
While the broader market and sector indices have shown resilience and gains, Bhandari Hosiery’s share price trajectory remains subdued, reflecting the company’s current financial profile and market positioning.
Only Rs. 9,999 - Get MojoOne for 1 Year + 3 Months FREE (60% Off) Start Today
