Bhandari Hosiery

Why is Bhandari Hosiery Exports Ltd falling/rising?

As of 24-Aug, Bhandari Hosiery Exports Ltd's stock price is stable at 3.05, with a slight decline of 0.33% over the past week. Despite recent stability, the stock has experienced significant long-term declines, including a 31.92% drop over the past year.

As of 24-Aug, Bhandari Hosiery Exports Ltd's stock price is currently stable at 3.05, showing no change (0.00%). Over the past week, the stock has experienced a slight decline of 0.33%, although it has performed better than the benchmark Sensex, which fell by 0.46%. In the past month, the stock has risen by 4.81%, significantly outperforming the Sensex's increase of 1.72%. <BR><BR>Year-to-date, however, the stock has decreased by 12.10%, which is worse than the Sensex's decline of 9.21%. Over the past year, the stock has fallen by 31.92%, while the Sensex has only decreased by 4.84%. In the longer term, the stock has seen a significant drop of 39.00% over three years, contrasting sharply with the Sensex's gain of 18.57%. Despite this, the stock has shown a positive performance over the last five years, with a rise of 39.27%, compared to the Sensex's increase of 38.26%.<BR><BR>Today's trading performance indicates that the stock has outperformed its sector by 0.44%. Additionally, the stock's moving averages are higher than the 5-day, 20-day, and 50-day averages, although it remains below the 100-day and 200-day moving averages. There has also been a rise in investor participation, with a delivery volume of 1.78 lacs on August 21, which is up by 0.07% compared to the 5-day average. The stock's liquidity is deemed sufficient for trading, based on 2% of the 5-day average traded value.<BR><BR>Overall, while the stock price remains unchanged today, the mixed performance over different periods and the recent increase in investor participation suggest a complex situation where short-term stability contrasts with longer-term declines.

Which are the latest news on Bhandari Hosiery?

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

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. Nitin Bhandari is the only member with specified remuneration of 48.0 lacs INR; the other directors do not have listed remuneration.

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

What does Bhandari Hosiery do?

Bhandari Hosiery Exports Ltd is a micro-cap garment manufacturing company established in 1993, reporting net sales of ₹51 Cr and a net profit of ₹1 Cr for the quarter ending June 2026. Key financial metrics include a P/E ratio of 12.00 and a market cap of ₹96 Cr.

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 reported net sales and net profit for the latest quarter ending June 2026.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 51 Cr (Quarterly Results - Jun 2026) <BR>Most recent Net Profit: 1 Cr (Quarterly Results - Jun 2026) <BR>Market-cap value: INR 96 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 12.00 <BR>Industry P/E: 28 <BR>Dividend Yield: 0.51% <BR>Debt Equity: 0.65 <BR>Return on Equity: 4.97% <BR>Price to Book: 0.61<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

Who are the peers of the Bhandari Hosiery?

Bhandari Hosiery's peers include Digjam, KG Petrochem, Deepak Spinners, and others, with varying management and growth risks. Its 1-year return is -32.95%, better than Anand Rayons (-85.11%) but worse than Acknit Indus (10.19%).

Peers: The peers of Bhandari Hosiery are Digjam, KG Petrochem, Deepak Spinners, Addi Industries, Anand Rayons, Rel. Chemotex, Acknit Indus., SPL Industries, Globe Enterprise, and Kaytex Fabrics.<BR><BR>Quality Snapshot: Below Average management risk is observed at Digjam, KG Petrochem, Addi Industries, Rel. Chemotex, and SPL Industries, while Average management risk is found at Deepak Spinners and Acknit Indus. Anand Rayons has Average growth, while Below Average growth is noted for Digjam, KG Petrochem, Addi Industries, Bhandari Hosiery, Rel. Chemotex, and the rest. Capital Structure is Good for Deepak Spinners and SPL Industries, Average for Anand Rayons, and Below Average for Digjam, KG Petrochem, Addi Industries, Bhandari Hosiery, Rel. Chemotex, Acknit Indus., Globe Enterprise, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Acknit Indus. at 10.19%, while the lowest is Anand Rayons at -85.11%. Bhandari Hosiery's 1-year return is -32.95%, which is better than Anand Rayons but worse than Acknit Indus. Additionally, the six-month return is negative for Anand Rayons, KG Petrochem, and Bhandari Hosiery.

How big is Bhandari Hosiery?

As of 14th August, Bhandari Hosiery Exports Ltd has a market capitalization of 95.56 Cr, with recent net sales of 268.28 Cr and a net profit of 7.45 Cr. The company's shareholder's funds are 153.15 Cr, and total assets amount to 275.57 Cr.

As of 14th August, Bhandari Hosiery Exports Ltd has a market capitalization of 95.56 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Bhandari Hosiery reported Net Sales of 268.28 Cr and a Net Profit of 7.45 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, showing Shareholder's Funds of 153.15 Cr and Total Assets of 275.57 Cr.

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

Bhandari Hosiery Exports Ltd will announce its results on 13 August 2026.

Bhandari Hosiery Exports Ltd is scheduled to declare its results on 13 August 2026.

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.

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.