Banaras Beads

Which are the latest news on Banaras Beads?

Why is Banaras Beads Ltd falling/rising?

As of 05-Sep, Banaras Beads Ltd's stock price is stable at 114.00, but it has underperformed recently with a 4.52% decline over the past week. Despite a strong performance over the past year, mixed short-term momentum and a significant drop in investor participation indicate potential challenges ahead.

As of 05-Sep, Banaras Beads Ltd's stock price is currently stable at 114.00, showing no change (0.00%). Over the past week, the stock has experienced a decline of 4.52%, while the benchmark Sensex has only decreased by 0.97%. This indicates that Banaras Beads Ltd is underperforming relative to the broader market.<BR><BR>In the past month, the stock has gained 0.66%, contrasting with a 2.44% drop in the Sensex, suggesting some resilience in the short term. However, year-to-date, the stock is down 10.90%, which is slightly worse than the Sensex's decline of 10.21%. Over the past year, Banaras Beads Ltd has performed well with a 9.62% increase, while the Sensex has only risen by 5.21%. This longer-term perspective shows that the stock has had a strong performance relative to the benchmark.<BR><BR>Despite these positive longer-term trends, there are concerning signs. The stock is currently trading above its 50-day and 100-day moving averages but below its 5-day, 20-day, and 200-day moving averages, indicating mixed short-term momentum. Additionally, there has been a significant drop in investor participation, with delivery volume on 03 Sep falling by 81.81% compared to the 5-day average. This decline in trading activity may signal a lack of confidence among investors, which could contribute to the stock's recent underperformance.<BR><BR>Overall, while Banaras Beads Ltd has shown some positive trends over longer periods, the recent decline in investor participation and the mixed signals from moving averages suggest that the stock is currently facing challenges that could hinder its price movement.

Should I buy, sell or hold Banaras Beads Ltd?

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 oversee 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 is responsible for overseeing the company's operations and strategic direction.

What does Banaras Beads do?

Banaras Beads Ltd is a micro-cap manufacturer and exporter of glass beads and fashion jewellery, established in 1980 and recognized as an export house by the Government of India. As of June 2026, it reported net sales of 9 Cr and a net profit of 1 Cr, with a market cap of INR 79 Cr.

Overview:<BR>Banaras Beads Ltd is a leading manufacturer and exporter of handicrafts, specializing in glass beads and fashion jewellery, operating within the Gems, Jewellery and Watches industry and classified as a micro-cap company.<BR><BR>History:<BR>Banaras Beads Ltd was established in April 1980 and is recognized as an export house by the Government of India. The latest quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 9 Cr (Quarterly Results - Jun 2026) <BR>Most recent Net Profit: 1 Cr (Quarterly Results - Jun 2026) <BR>Market-cap value: INR 79 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 40.00 <BR>Industry P/E: 31 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.26 <BR>Return on Equity: 3.28% <BR>Price to Book: 1.37 <BR><BR>Contact Details:<BR>Address: A-1 & A-5 Indl Estate, Varanasi Uttar Pradesh: 221106 <BR>Phone: 91-542-2370161-4 <BR>Email: info@banarasbead.com <BR>Website: http://www.banarasbead.com

Who are the peers of the Banaras Beads?

Banaras Beads' peers include Retaggio Indust., Ceenik Exports, and Manoj Jewellers, among others. Retaggio Indust. leads in 1-year returns at 92.07%, while Banaras Beads has a return of 15.89%.

Peers: The peers of Banaras Beads are Retaggio Indust., Ceenik Exports, Dev Labtech, SwarnsaritaJewel, Royal India Corp, Mishka Exim, Manoj Jewellers, Moksh Ornaments, and Kabra Jewels.<BR><BR>Quality Snapshot: Excellent management risk is observed at Manoj Jewellers and Kabra Jewels, while Average management risk is found at Retaggio Indust. and Royal India Corp, and the rest have Below Average management risk. Excellent growth is noted at Retaggio Indust., Dev Labtech, and Manoj Jewellers, while Below Average growth is seen at Banaras Beads, SwarnsaritaJewel, Royal India Corp, and the rest. Good capital structure is present at Retaggio Indust., Dev Labtech, and Mishka Exim, while Average capital structure is found at Banaras Beads, Moksh Ornaments, and the rest have Below Average capital structure.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Retaggio Indust. at 92.07%, while Ceenik Exports has the lowest at -38.03%. Banaras Beads has a 1-year return of 15.89%, which is higher than Ceenik Exports but lower than Retaggio Indust. Additionally, Ceenik Exports, Manoj Jewellers, and SwarnsaritaJewel have negative six-month returns.

How big is Banaras Beads?

As of 31st August, Banaras Beads Ltd has a market capitalization of 79.00 Cr, with Net Sales of 28.34 Cr and a Net Profit of 1.89 Cr reported in the latest four quarters. Shareholder's Funds are 57.65 Cr and Total Assets amount to 80.42 Cr as of March 2026.

As of 31st August, Banaras Beads Ltd has a market capitalization of 79.00 Cr, which categorizes it as a Micro Cap company.<BR><BR>In the latest four quarters, Banaras Beads reported Net Sales of 28.34 Cr and a Net Profit of 1.89 Cr.<BR><BR>The latest reporting period for the balance sheet is March 2026, with Shareholder's Funds amounting to 57.65 Cr and Total Assets of 80.42 Cr.

Are Banaras Beads Ltd latest results good or bad?

Banaras Beads Ltd's latest results show strong revenue growth of 39.17% quarter-on-quarter, but declining profitability with a sharp drop in operating margins and a low return on equity raise concerns. Overall, the mixed performance suggests caution for investors due to high valuation relative to its financial metrics.

The latest results for Banaras Beads Ltd present a mixed picture. On one hand, the company achieved impressive revenue growth, with net sales increasing by 39.17% quarter-on-quarter and 45.89% year-on-year, reaching ₹9.06 crores, which is the highest quarterly figure on record. This indicates strong demand and potentially successful market share gains.<BR><BR>However, profitability metrics are concerning. The operating margin, excluding other income, fell sharply to 15.01% from 26.27% in the previous quarter, indicating significant margin compression. Additionally, the return on equity (ROE) is quite low at 4.83%, which raises questions about the company's capital efficiency compared to its peers.<BR><BR>While the net profit did increase by 30.91% sequentially to ₹0.72 crores, this growth is overshadowed by the declining margins and weak return ratios. The company is also trading at a high valuation of around 40 times trailing earnings, which is significantly above the industry average of 32 times, suggesting that the stock may be overvalued given its current financial performance.<BR><BR>In summary, despite strong revenue growth, the deterioration in profitability and high valuation multiples suggest that the results are more concerning than positive, warranting careful scrutiny from investors.

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.