Bhandari Hosiery Exports Stock Falls to 52-Week Low of Rs.4.16

Stock Price Movement and Market Context

On 1 Dec 2025, Bhandari Hosiery Exports recorded its lowest price in the last 52 weeks at Rs.4.16. The stock’s day change was negative by 1.87%, although it marginally outperformed its sector by 0.89% on the same day. Despite this slight relative outperformance, the stock remains below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a sustained downward trend in price momentum.

In contrast, the broader market showed resilience. The Sensex opened higher at 86,065.92 points, gaining 359.25 points or 0.42%, and was trading near its 52-week high of 86,055.86, just 0.22% away. The Sensex has been on a three-week consecutive rise, accumulating a gain of 1.54%, supported by bullish moving averages where the 50-day moving average remains above the 200-day moving average. Small-cap stocks led the market rally, with the BSE Small Cap index gaining 0.41% on the day.

Long-Term Performance and Comparison

Over the past year, Bhandari Hosiery Exports has recorded a total return of -42.47%, a stark contrast to the Sensex’s positive return of 7.58% during the same period. The stock’s 52-week high was Rs.8.52, highlighting the extent of the decline to the current low. This performance places the company among the weaker performers in the Garments & Apparels sector and the broader market.

Financial Metrics and Operational Overview

Bhandari Hosiery Exports operates within the Garments & Apparels industry, a sector that has witnessed mixed performance in recent years. The company’s long-term financial metrics reveal modest growth and constrained profitability. Over the last five years, net sales have grown at an annual rate of 3.45%, while operating profit has shown a rate of 10.90%. These figures suggest limited expansion in revenue and earnings generation capacity.

The company’s average Return on Capital Employed (ROCE) stands at 8.75%, reflecting moderate efficiency in generating returns from its capital base. The ROCE for the most recent period is reported at 8.2%, which, while modest, is accompanied by a valuation metric indicating an enterprise value to capital employed ratio of 0.8. This suggests that the stock is trading at a discount relative to its capital base compared to peers’ historical valuations.

Debt servicing capacity remains a concern, with a Debt to EBITDA ratio of 4.37 times, signalling a relatively high leverage position. This level of indebtedness may constrain financial flexibility and increase risk exposure, especially in a sector subject to cyclical demand fluctuations.

Recent Earnings and Profitability Trends

The company reported flat results in the quarter ending September 2025, indicating a lack of significant growth in the near term. Despite the subdued revenue growth, profits have risen by 28.4% over the past year, a divergence that may reflect cost management or other operational factors. The Price/Earnings to Growth (PEG) ratio stands at 0.4, which is relatively low and may indicate that the stock’s price does not fully reflect the profit growth achieved.

However, the stock’s consistent underperformance against the BSE500 benchmark over the last three years, combined with a negative return of 42.47% in the past year, highlights ongoing challenges in delivering shareholder value relative to the broader market.

Shareholding and Market Position

The majority of Bhandari Hosiery Exports’ shares are held by non-institutional investors, which may influence trading patterns and liquidity. The company’s market capitalisation grade is rated at 4, indicating a micro-cap status within the Garments & Apparels sector. This classification often entails higher volatility and sensitivity to sector-specific developments.

Sector and Market Dynamics

The Garments & Apparels sector has experienced varied performance across companies, with some peers maintaining stronger growth trajectories and valuation multiples. Bhandari Hosiery Exports’ valuation discount relative to peers may reflect market perceptions of its growth prospects and financial health. The broader market environment, as indicated by the Sensex’s proximity to its 52-week high and positive momentum in small-cap indices, contrasts with the stock’s subdued performance.

Investors and market participants may note the divergence between the company’s financial metrics and the overall market trend, underscoring the importance of sector-specific and company-level factors in stock price movements.

Summary of Key Financial Indicators

To summarise, Bhandari Hosiery Exports’ key financial indicators include:

• New 52-week low price of Rs.4.16


• One-year return of -42.47% compared to Sensex’s 7.58%


• Average ROCE of 8.75% with recent ROCE at 8.2%


• Net sales growth at 3.45% annually over five years


• Operating profit growth at 10.90% annually over five years


• Debt to EBITDA ratio of 4.37 times


• Profit growth of 28.4% over the past year


• PEG ratio of 0.4

These figures provide a comprehensive view of the company’s financial standing and market valuation as it reaches this significant price milestone.

Conclusion

Bhandari Hosiery Exports’ fall to a 52-week low of Rs.4.16 reflects a combination of modest growth, elevated leverage, and persistent underperformance relative to market benchmarks. While the broader market and sector indices have shown resilience, the stock’s valuation and financial metrics highlight ongoing challenges. The company’s discounted valuation relative to peers and recent profit growth present a complex picture of its current market position.

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