Banaras Beads Ltd
Glass & Glass Products | Small Cap
Banaras Beads Ltd, operating in the consumer durables sector, demonstrates a mixed financial performance. The company exhibits strong solvency due to minimal debt and good interest coverage. Asset growth is robust, driven by significant capital expenditures. However, efficiency is hampered by slow inventory turnover and extended receivable days. Revenue and profit growth are modest, and profitability metrics like ROCE, ROE, and net margin are relatively low. The company's financial health is further supported by stable book value per share and substantial dividend payouts. The current trend suggests a need to improve operational efficiency and enhance profitability to sustain long-term growth.
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- Valuation MetricsNeutral
- Market Metrics
- Stock Reports
- Stock News
- Growth Ratio3.30
- Financial Ratio6.80
- Profitability Ratio3.40
- Efficiency Ratio4.00
- Coverage Ratio10.00
- Solvency Ratio10.00
- Liquidity Ratio0.00
- Peer Assessment
- Management AssessmentBalanced
- Risk AssessmentBalanced
- 1 HourBullish
- 2 HoursBullish
- 4 HoursBullish
- 1 DayBearish
- 1 WeekBearish
- 1 MonthBearish
Banaras Beads Ltd, operating in the consumer durables sector, demonstrates a mixed financial performance. The company exhibits strong solvency due to minimal debt and good interest coverage. Asset growth is robust, driven by significant capital expenditures. However, efficiency is hampered by slow inventory turnover and extended receivable days. Revenue and profit growth are modest, and profitability metrics like ROCE, ROE, and net margin are relatively low. The company's financial health is further supported by stable book value per share and substantial dividend payouts. The current trend suggests a need to improve operational efficiency and enhance profitability to sustain long-term growth.
Overall Valuation Score
P/E RATIO (TTM)
46.69
Industry Median
32.15
Small Cap Median
27.25
P/E RATIO
27.25
P/B RATIO
1.49
Industry Median
5.17
Small Cap Median
4.94
P/S RATIO
N/A
Industry Median
3.43
Small Cap Median
3.30
Others
PEG RATIO
5.34
EV/EBITDA RATIO
13.70
The Calculations Shown Above Are Based on the Last Traded Price (LTP) of ₹127 as on Feb 20, 2026.
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The company exhibits mixed growth performance. While asset growth is strong, revenue and profit growth are modest. EPS growth remains a concern. The company needs to focus on improving revenue and profit margins to drive sustainable growth. Diversifying markets and innovating products could support further expansion.
| Growth Ratios | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|
| Revenue Growth Rate | N/A | N/A | N/A | N/A | N/A |
| Operating Profit Growth Rate | -13.44 | -5.97 | 15.56 | -27.47 | 56.44 |
| Earnings Per Share (EPS) Growth | 1.98 | 22.22 | -12.95 | 8.09 | 12.56 |
| Asset Growth Rate | N/A | 6.56 | -6.46 | 6.98 | 11.4 |
| Net Income Growth Rate | N/A | N/A | N/A | N/A | N/A |
Revenue Growth Rate
Operating Profit Growth Rate
Earnings Per Share (EPS) Growth
Asset Growth Rate
Net Income Growth Rate
The financial ratios indicate a mixed performance. While the company has a solid book value per share and substantial dividend payouts, adjusted EPS and cash EPS are relatively low. Capital expenditures are well-managed, contributing positively to the company's financial health. Balancing earnings and shareholder returns is crucial for sustained growth.
| Financial Ratios | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|
| Adjusted Earnings Per Share (Adjusted EPS) | N/A | N/A | N/A | N/A | N/A |
| Cash Earnings Per Share (Cash EPS) | N/A | N/A | N/A | N/A | N/A |
| Book Value Per Share | 75.82 | 78.23 | 80.05 | 82.18 | 84.61 |
| Dividend Per Share (DPS) | 0 | 1.99 | 1.99 | 1.99 | 2.24 |
| Capital Expenditures (CapEx) | 0 | 0 | 0 | 0 | 0 |
Adjusted Earnings Per Share (Adjusted EPS)
Cash Earnings Per Share (Cash EPS)
Book Value Per Share
Dividend Per Share (DPS)
Capital Expenditures (CapEx)
The company's profitability ratios present a mixed picture. While the gross profit margin is reasonable, ROCE, ROE, and net margin are relatively low. This indicates challenges converting sales into profits. Enhancing operational efficiency and cost management is crucial for improving profitability.
| Profitability Ratios | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|
| Gross Profit Margin | N/A | N/A | N/A | N/A | N/A |
| Return on Capital Employed (ROCE) | N/A | N/A | N/A | N/A | N/A |
| Return on Equity (ROE) | N/A | N/A | N/A | N/A | N/A |
| Return on Assets (ROA) | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A |
| Net Margin | N/A | N/A | N/A | N/A | N/A |
Gross Profit Margin
Return on Capital Employed (ROCE)
Return on Equity (ROE)
Return on Assets (ROA)
Operating Margin
Net Margin
The company faces challenges in its operational efficiency. While receivables turnover is reasonable, slow inventory turnover and long receivable days indicate inefficiencies in working capital management. This could tie up capital and increase operational costs. Improving inventory and receivables management is essential for enhancing overall efficiency.
| Efficiency Ratios | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|
| Fixed Asset Turnover Ratio | N/A | N/A | N/A | N/A | N/A |
| Inventory Turnover Ratio | N/A | N/A | N/A | N/A | N/A |
| Receivables Turnover Ratio | N/A | N/A | N/A | N/A | N/A |
| Days Sales in Inventory Ratio | N/A | N/A | N/A | N/A | N/A |
| Receivable Days | N/A | N/A | N/A | N/A | N/A |
| Capital Turnover Ratio | 0 | 0 | 0 | 0 | 0 |
Inventory Turnover Ratio
Receivables Turnover Ratio
Days Sales in Inventory Ratio
Receivable Days
The company demonstrates a strong capacity to cover its interest expenses, reflecting its financial stability and low debt burden. This positions the company well to manage its debt obligations and invest in future growth opportunities. The high interest coverage provides a buffer against earnings volatility.
| Coverage Ratios | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|
| Interest Coverage Ratio | 30.36 | 16.85 | 16.24 | 5.33 | 15.15 | 7.06 |
| Equity Dividend Coverage Ratio | N/A | N/A | N/A | N/A | N/A | N/A |
Interest Coverage Ratio
The company maintains a strong solvency position, reflected by its low debt levels and substantial ability to cover interest expenses. This financial stability provides a solid foundation for future growth and resilience against economic downturns. The company's conservative debt management enhances its creditworthiness and reduces financial risk.
| Solvency Ratios | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|
| Debt Ratio | 0 | 0 | 0 | 0 | 0 |
| Debt to Equity Ratio | 0 | 0 | 0 | 0 | 0 |
| Equity Ratio | 1 | 1 | 1 | 1 | 1 |
| Debt To Asset Ratio | 0 | 0 | 0 | 0 | 0 |
Debt Ratio
Debt to Equity Ratio
Interest Coverage Ratio
The liquidity position of the company cannot be determined due to unavailability of data.
| Liquidity Ratios | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|
| Current Ratio | N/A | N/A | N/A | N/A | N/A |
| Quick Ratio | N/A | N/A | N/A | N/A | N/A |
| Cash Ratio | N/A | N/A | N/A | N/A | N/A |
| Operating Cash Flow Ratio | N/A | N/A | N/A | N/A | N/A |
Current Ratio
Quick Ratio
Cash Ratio
Peer Comparison empowers investors to evaluate a company against its industry peers using key financial metrics like P/E ratio, EPS, and profit margins. It helps identify whether a company is overvalued, undervalued, or performing in line with competitors. Investors can use this data to spot opportunities, assess risks, and make informed decisions. This contextual view adds depth beyond standalone company analysis.
| NO | Company Name | Health Score | P/E Ratio | Valuation | OPM | EPS | Latest Profit & Loss |
|---|---|---|---|---|---|---|---|
| 1 | Banaras Beads Ltd | 4.33 | 27.25 | Neutral | 4.13 | 4.65 | 3.09 |
The management of Banaras Beads Ltd. presents a mixed picture with positive revenue growth offset by declining profitability margins and an increase in borrowings. The company shows some strengths, but the identified weaknesses suggest a need for enhanced management focus on profitability and operational efficiency.
| Category | Metric | Value | Assessment |
|---|---|---|---|
| PROS | Promoter Holding | 58.14% | Strong promoter confidence |
| Sales Growth TTM | 13% | Indicates revenue expansion | |
| CONS | OPM Decline | 9.36% (Mar 2024) | Operational efficiency decline |
| Cash Conversion Cycle | 86.40 Days (Mar 2024) | Inefficient working capital management | |
| ROCE | 7.09% | Low capital productivity | |
| ROE | 5.14% | Low shareholder returns | |
| Borrowings | ₹15.88 Cr. (Sep 2024) | Increased leverage levels |
Financial Performance & Growth
While compounded sales growth shows a positive trend, the operating profit margin (OPM) has seen a decline, indicating potential challenges in maintaining profitability. The company's sales growth has been positive with 13% TTM.
| Metric | 2014–2016 | 2017–2019 | 2020–2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|
| Compounded Sales Growth (%) | -0.6% | -1.4% | 15.4% | 7.36% | 4.63% | 13% |
| OPM (%) | 15.01% | 14.17% | 13.15% | 13.50% | 9.36% | 10.64% |
Capital Efficiency & Returns
The returns on capital employed (ROCE) and return on equity (ROE) for Banaras Beads Ltd. are relatively modest. This suggests that the company is not generating substantial returns from its capital investments or shareholder equity.
| Metric | 2013–2015 | 2016–2018 | 2019–2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|
| Average ROCE (%) | 9.42% | 5.23% | 5.85% | 6.28% | 7.62% | 7.09% |
| Average ROE (%) | 7.42% | 5.02% | 5.45% | 5.04% | 5.36% | 5.14% |
Financial Health & Prudence
Banaras Beads Ltd. has shown some variability in its debt management with borrowings are ₹15.88 Cr. for Sep 2024.
| Metric | 2013–2015 | 2016–2018 | 2019–2021 | 2022 | 2023 | 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|
| Average Borrowings (₹ Cr.) | 6.58 | 2.70 | 2.09 | 5.80 | 0.29 | 3.29 | 15.88 |
| Average Dividend Payout (%) | 47.41% | 12.75% | 9.05% | 45.27% | 52.05% | 48.07% | - |
Strategic & Operational Indicators
Banaras Beads Ltd. exhibits inefficiencies in working capital management. The cash conversion cycle has been relatively high, indicating a longer time to convert investments in inventory and receivables into cash. Cash Conversion Cycle is 86.40 Days (Mar 2024)
| Metric | 2013–2015 | 2016–2018 | 2019–2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|
| Average Cash Conversion Cycle (Days) | 447.18 | 401.68 | 461.35 | 66.69 | 83.91 | 86.40 |
| Average Debtor Days | 13.80 | 13.84 | 33.50 | 66.69 | 83.91 | 86.40 |
Banaras Beads Ltd. exhibits moderate risk, primarily due to its financial performance and working capital management. The declining OPM and relatively low ROCE and ROE indicate potential challenges in profitability and capital efficiency. The increase in borrowings and extended cash conversion cycle raise concerns about financial leverage and operational efficiency.
Segment performance volatility
The quarterly results show volatility in sales growth and profit growth. The YOY Sales Growth % has fluctuated significantly, ranging from -50.25% to 97.05%. Similarly, the YOY Profit Growth % has varied widely, indicating inconsistent performance. The inconsistency in sales and profit growth indicates potential risks in maintaining stable financial performance.
Foreign exchange or interest rate exposure
The interest expenses have fluctuated over the quarters, and there has been an increase in borrowings, which could lead to higher interest expenses. This exposes the company to potential risks associated with interest rate fluctuations. The company's exposure to interest rate risk could impact its profitability and financial stability.
Regulatory compliance cost trends
The tax percentage has remained relatively stable over the quarters. However, any changes in tax laws or regulations could impact the company's profitability.
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Overall Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Market Sentiment
Analysis Driven By 26 Technical Indicators From The 1 Hour Timeframe
Trend Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Strong Bullish
Momentum Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Volatility Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bearish
Volume Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
- IndicatorValueSignal
- SMA 10100.39Bullish
- SMA 20100.33Bullish
- SMA 50100.58Bullish
- EMA 10100.57Bullish
- EMA 20100.51Bullish
- EMA 50101.08Bullish
- DEMA 10100.80Bullish
- DEMA 20100.44Bullish
- DEMA 5099.54Bullish
- TEMA 10101.10Bullish
- TEMA 20100.65Bullish
- TEMA 50100.27Bullish
- MACD-0.02Bullish
- ADX15.37Weak Trend
- IndicatorValueSignal
- RSI56.83Neutral
- CCI186.91Overbought
- ROC 92.19Bullish
- ROC 141.91Bullish
- ROC 251.63Bullish
- Stoch K42.79Neutral
- Stoch D31.00Neutral
- IndicatorValueSignal
- BB Upper102.22Overbought
- BB Middle100.33Neutral
- BB Lower98.43Neutral
- ATR1.96High Volatility
- IndicatorValueSignal
- MFI39.83Neutral
Overall Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Market Sentiment
Analysis Driven By 26 Technical Indicators From The 2 Hours Timeframe
Trend Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Strong Bullish
Momentum Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Volatility Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Volume Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
- IndicatorValueSignal
- SMA 10100.70Bullish
- SMA 20100.75Bullish
- SMA 50101.89Bullish
- EMA 10100.79Bullish
- EMA 20100.82Bullish
- EMA 50102.46Bullish
- DEMA 10100.99Bullish
- DEMA 20100.38Bullish
- DEMA 5099.20Bullish
- TEMA 10101.26Bullish
- TEMA 20101.05Bullish
- TEMA 5099.07Bullish
- MACD-0.26Bullish
- ADX13.26Weak Trend
- IndicatorValueSignal
- RSI55.30Neutral
- CCI122.43Overbought
- ROC 92.86Bullish
- ROC 141.58Bullish
- ROC 253.70Bullish
- Stoch K50.09Neutral
- Stoch D39.69Neutral
- IndicatorValueSignal
- BB Upper102.80Neutral
- BB Middle100.75Neutral
- BB Lower98.70Neutral
- ATR2.52Low Volatility
- IndicatorValueSignal
- MFI23.28Neutral
Overall Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Market Sentiment
Analysis Driven By 26 Technical Indicators From The 4 Hours Timeframe
Trend Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Momentum Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
Volatility Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Volume Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Strong Bearish
- IndicatorValueSignal
- SMA 10101.04Bullish
- SMA 20101.08Bullish
- SMA 50106.66Bearish
- EMA 10101.24Bullish
- EMA 20102.07Bullish
- EMA 50105.27Bearish
- DEMA 10101.03Bullish
- DEMA 2099.82Bullish
- DEMA 50101.55Bullish
- TEMA 10101.75Bullish
- TEMA 20100.39Bullish
- TEMA 50N/AN/A
- MACD-1.49Bullish
- ADX17.00Weak Trend
- IndicatorValueSignal
- RSI48.90Neutral
- CCI27.68Neutral
- ROC 90.60Bullish
- ROC 143.80Bullish
- ROC 25-4.30Bearish
- Stoch K57.10Neutral
- Stoch D57.24Neutral
- IndicatorValueSignal
- BB Upper103.86Neutral
- BB Middle101.08Neutral
- BB Lower98.30Neutral
- ATR3.59Low Volatility
- IndicatorValueSignal
- MFI82.97Overbought
Overall Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bearish
Market Sentiment
Analysis Driven By 33 Technical Indicators From The 1 Day Timeframe
Trend Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bearish
Momentum Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bearish
Volatility Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Volume Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
- IndicatorValueSignal
- SMA 10100.57Bullish
- SMA 20104.76Bearish
- SMA 50109.17Bearish
- SMA 100111.99Bearish
- SMA 200119.62Bearish
- EMA 10101.51Bearish
- EMA 20103.89Bearish
- EMA 50107.86Bearish
- EMA 100111.77Bearish
- EMA 200115.71Bearish
- DEMA 1099.35Bullish
- DEMA 2099.97Bullish
- DEMA 50103.16Bearish
- DEMA 100105.56Bearish
- DEMA 200111.60Bearish
- TEMA 1099.80Bullish
- TEMA 2098.52Bullish
- TEMA 50101.91Bearish
- TEMA 100102.77Bearish
- TEMA 200105.70Bearish
- MACD-2.98Bearish
- ADX20.06Weak Trend
- IndicatorValueSignal
- RSI40.34Neutral
- CCI-62.49Neutral
- ROC 14-5.67Bearish
- ROC 25-14.23Bearish
- Stoch K24.69Neutral
- Stoch D22.89Neutral
- IndicatorValueSignal
- BB Upper114.54Neutral
- BB Middle104.76Neutral
- BB Lower94.99Neutral
- ATR5.37Low Volatility
- IndicatorValueSignal
- MFI32.33Neutral
Overall Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bearish
Market Sentiment
Analysis Driven By 21 Technical Indicators From The 1 Week Timeframe
Trend Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Strong Bearish
Momentum Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
Volatility Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Volume Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
- IndicatorValueSignal
- SMA 20112.44Bearish
- SMA 50118.43Bearish
- EMA 20112.43Bearish
- EMA 50116.52Bearish
- DEMA 20107.57Bearish
- DEMA 50114.48Bearish
- TEMA 20105.87Bearish
- TEMA 50108.78Bearish
- MACD-3.71Bearish
- ADX12.23Weak Trend
- IndicatorValueSignal
- RSI42.18Neutral
- CCI-118.97Oversold
- ROC 14-10.57Bearish
- ROC 25-21.25Bearish
- Stoch K27.54Neutral
- Stoch D35.31Neutral
- IndicatorValueSignal
- BB Upper126.75Neutral
- BB Middle112.44Neutral
- BB Lower98.12Neutral
- ATR11.84Low Volatility
- IndicatorValueSignal
- MFI47.81Neutral
Overall Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bearish
Market Sentiment
Analysis Driven By 25 Technical Indicators From The 1 Month Timeframe
Trend Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Strong Bearish
Momentum Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Volatility Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Volume Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
- IndicatorValueSignal
- SMA 6113.81Bearish
- SMA 12119.22Bearish
- SMA 24119.13Bearish
- EMA 6113.33Bearish
- EMA 12116.43Bearish
- EMA 24114.24Bearish
- DEMA 6108.49Bearish
- DEMA 12114.72Bearish
- DEMA 24122.86Bearish
- TEMA 6106.31Bullish
- TEMA 12109.17Bearish
- TEMA 24118.49Bearish
- MACD12.29Bearish
- ADX37.35Strong Trend
- IndicatorValueSignal
- RSI51.37Neutral
- CCI36.95Neutral
- ROC 2513.34Bullish
- ROC 5016.73Bullish
- Stoch K40.54Neutral
- Stoch D51.19Neutral
- IndicatorValueSignal
- BB Upper145.71Neutral
- BB Middle122.35Neutral
- BB Lower98.98Neutral
- ATR22.13Low Volatility
- IndicatorValueSignal
- MFI77.67Neutral