company background image
5126

Bhandari Hosiery Exports BSE:512608 Stock Report

Last Price

₹6.13

Market Cap

₹898.2m

7D

1.3%

1Y

106.4%

Updated

10 Aug, 2022

Data

Company Financials
512608 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance5/6
Financial Health2/6
Dividends0/6

512608 Stock Overview

Bhandari Hosiery Exports Limited manufactures and sells textile products in India.

Bhandari Hosiery Exports Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Bhandari Hosiery Exports
Historical stock prices
Current Share Price₹6.13
52 Week High₹15.04
52 Week Low₹2.70
Beta1.78
1 Month Change2.34%
3 Month Change21.87%
1 Year Change106.40%
3 Year Change308.67%
5 Year Change177.38%
Change since IPO1,135.16%

Recent News & Updates

Shareholder Returns

512608IN LuxuryIN Market
7D1.3%0.3%0.6%
1Y106.4%21.2%8.8%

Return vs Industry: 512608 exceeded the Indian Luxury industry which returned 21.2% over the past year.

Return vs Market: 512608 exceeded the Indian Market which returned 8.8% over the past year.

Price Volatility

Is 512608's price volatile compared to industry and market?
512608 volatility
512608 Average Weekly Movement9.7%
Luxury Industry Average Movement7.1%
Market Average Movement6.5%
10% most volatile stocks in IN Market9.2%
10% least volatile stocks in IN Market4.3%

Stable Share Price: 512608 is more volatile than 90% of Indian stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: 512608's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

FoundedEmployeesCEOWebsite
1993386Nitin Bhandarihttps://www.bhandariexport.com

Bhandari Hosiery Exports Limited manufactures and sells textile products in India. The company manufactures and exports knitted hosiery garments, such as T-shirts, pullovers, sweatshirts, bermudas, polo shirts, track suits, pajamas, lowers, ladies knitted tops with embroidery and prints, etc.; and manufactures, processes, and trades in dyed and non-dyed fabrics. It exports its products to the United States, Germany, Dubai, the United Kingdom, and the European Union.

Bhandari Hosiery Exports Fundamentals Summary

How do Bhandari Hosiery Exports's earnings and revenue compare to its market cap?
512608 fundamental statistics
Market Cap₹898.21m
Earnings (TTM)₹62.70m
Revenue (TTM)₹2.83b

14.3x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
512608 income statement (TTM)
Revenue₹2.83b
Cost of Revenue₹2.16b
Gross Profit₹673.64m
Other Expenses₹610.94m
Earnings₹62.70m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Aug 13, 2022

Earnings per share (EPS)0.43
Gross Margin23.77%
Net Profit Margin2.21%
Debt/Equity Ratio126.5%

How did 512608 perform over the long term?

See historical performance and comparison

Dividends

0.2%

Current Dividend Yield

2%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is 512608 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 512608?

Other financial metrics that can be useful for relative valuation.

512608 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.7x
Enterprise Value/EBITDA8.5x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 512608's PE Ratio compare to its peers?

512608 PE Ratio vs Peers
The above table shows the PE ratio for 512608 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average46x
MOKSH Moksh Ornaments
15.1xn/a₹810.3m
506184 Kanani Industries
42xn/a₹1.1b
532695 Celebrity Fashions
8.7xn/a₹766.3m
530521 Virat Industries
118.3xn/a₹1.1b
512608 Bhandari Hosiery Exports
14.3xn/a₹898.2m

Price-To-Earnings vs Peers: 512608 is good value based on its Price-To-Earnings Ratio (14.3x) compared to the peer average (46x).


Price to Earnings Ratio vs Industry

How does 512608's PE Ratio compare vs other companies in the IN Luxury Industry?

Price-To-Earnings vs Industry: 512608 is expensive based on its Price-To-Earnings Ratio (14.3x) compared to the Indian Luxury industry average (12.9x)


Price to Earnings Ratio vs Fair Ratio

What is 512608's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

512608 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio14.3x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 512608's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 512608 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 512608 (₹6.13) is trading above our estimate of fair value (₹0.13)

Significantly Below Fair Value: 512608 is trading above our estimate of fair value.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


Discover undervalued companies

Future Growth

How is Bhandari Hosiery Exports forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


22.3%

Forecasted Consumer Durables industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Bhandari Hosiery Exports has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Discover growth companies

Past Performance

How has Bhandari Hosiery Exports performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


0.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 512608 has high quality earnings.

Growing Profit Margin: 512608's current net profit margins (2.2%) are higher than last year (0.7%).


Past Earnings Growth Analysis

Earnings Trend: 512608's earnings have grown by 0.6% per year over the past 5 years.

Accelerating Growth: 512608's earnings growth over the past year (275.7%) exceeds its 5-year average (0.6% per year).

Earnings vs Industry: 512608 earnings growth over the past year (275.7%) exceeded the Luxury industry 70.2%.


Return on Equity

High ROE: 512608's Return on Equity (7.7%) is considered low.


Discover strong past performing companies

Financial Health

How is Bhandari Hosiery Exports's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 512608's short term assets (₹1.6B) exceed its short term liabilities (₹967.5M).

Long Term Liabilities: 512608's short term assets (₹1.6B) exceed its long term liabilities (₹395.3M).


Debt to Equity History and Analysis

Debt Level: 512608's net debt to equity ratio (124.9%) is considered high.

Reducing Debt: 512608's debt to equity ratio has increased from 124% to 126.5% over the past 5 years.

Debt Coverage: 512608's debt is not well covered by operating cash flow (2.9%).

Interest Coverage: 512608's interest payments on its debt are not well covered by EBIT (1.7x coverage).


Balance Sheet


Discover healthy companies

Dividend

What is Bhandari Hosiery Exports's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


0.16%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 512608's dividend (0.16%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.39%).

High Dividend: 512608's dividend (0.16%) is low compared to the top 25% of dividend payers in the Indian market (1.71%).


Stability and Growth of Payments

Stable Dividend: 512608 is not paying a notable dividend for the Indian market, therefore no need to check if payments are stable.

Growing Dividend: 512608 is not paying a notable dividend for the Indian market, therefore no need to check if payments are increasing.


Earnings Payout to Shareholders

Earnings Coverage: 512608 is not paying a notable dividend for the Indian market.


Cash Payout to Shareholders

Cash Flow Coverage: 512608 is not paying a notable dividend for the Indian market.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

6.3yrs

Average management tenure


CEO

Nitin Bhandari (39 yo)

12.75yrs

Tenure

₹4,400,000

Compensation

Mr. Nitin Bhandari has been the Chairman and Managing Director of Bhandari Hosiery Exports Limited since November 23, 2009 and serves as its Chief Executive Officer. Mr. Bhandari served as the President at...


CEO Compensation Analysis

Compensation vs Market: Nitin's total compensation ($USD55.29K) is above average for companies of similar size in the Indian market ($USD37.71K).

Compensation vs Earnings: Nitin's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: 512608's management team is seasoned and experienced (6.3 years average tenure).


Board Members

Experienced Board: 512608's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Bhandari Hosiery Exports Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Bhandari Hosiery Exports Limited
  • Ticker: 512608
  • Exchange: BSE
  • Founded: 1993
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Implied Market Cap: ₹898.210m
  • Shares outstanding: 146.53m
  • Website: https://www.bhandariexport.com

Number of Employees


Location

  • Bhandari Hosiery Exports Limited
  • Bhandari House
  • Village Meharban
  • Ludhiana
  • Punjab
  • 141007
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/10 00:00
End of Day Share Price2022/08/10 00:00
Earnings2022/03/31
Annual Earnings2022/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.