| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 5/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
512608 Stock Overview
Bhandari Hosiery Exports Limited manufactures and sells textile products in India.
Bhandari Hosiery Exports Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹6.13 |
| 52 Week High | ₹15.04 |
| 52 Week Low | ₹2.70 |
| Beta | 1.78 |
| 1 Month Change | 2.34% |
| 3 Month Change | 21.87% |
| 1 Year Change | 106.40% |
| 3 Year Change | 308.67% |
| 5 Year Change | 177.38% |
| Change since IPO | 1,135.16% |
Recent News & Updates
Shareholder Returns
| 512608 | IN Luxury | IN Market | |
|---|---|---|---|
| 7D | 1.3% | 0.3% | 0.6% |
| 1Y | 106.4% | 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
| 512608 volatility | |
|---|---|
| 512608 Average Weekly Movement | 9.7% |
| Luxury Industry Average Movement | 7.1% |
| Market Average Movement | 6.5% |
| 10% most volatile stocks in IN Market | 9.2% |
| 10% least volatile stocks in IN Market | 4.3% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1993 | 386 | Nitin Bhandari | https://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
| 512608 fundamental statistics | |
|---|---|
| Market Cap | ₹898.21m |
| Earnings (TTM) | ₹62.70m |
| Revenue (TTM) | ₹2.83b |
14.3x
P/E Ratio0.3x
P/S RatioIs 512608 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 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 Margin | 23.77% |
| Net Profit Margin | 2.21% |
| Debt/Equity Ratio | 126.5% |
How did 512608 perform over the long term?
See historical performance and comparisonDividends
0.2%
Current Dividend Yield2%
Payout RatioValuation
Is 512608 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
1/6Valuation 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.
| What is 512608's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | ₹898.21m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 0.7x |
| Enterprise Value/EBITDA | 8.5x |
| PEG Ratio | n/a |
Price to Earnings Ratio vs Peers
How does 512608's PE Ratio compare to its peers?
| 512608 PE Ratio vs Peers |
|---|
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 46x | ||
MOKSH Moksh Ornaments | 15.1x | n/a | ₹810.3m |
506184 Kanani Industries | 42x | n/a | ₹1.1b |
532695 Celebrity Fashions | 8.7x | n/a | ₹766.3m |
530521 Virat Industries | 118.3x | n/a | ₹1.1b |
512608 Bhandari Hosiery Exports | 14.3x | n/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.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 14.3x |
| Fair PE Ratio | n/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.
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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
0/6Future 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.
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- Check out Bhandari Hosiery Exports's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
- Bhandari Hosiery Exports competitive advantages and company strategy can generally be found in its financial reports archived here.
Past Performance
How has Bhandari Hosiery Exports performed over the past 5 years?
Past Performance Score
5/6Past 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.
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Financial Health
How is Bhandari Hosiery Exports's financial position?
Financial Health Score
2/6Financial 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
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Dividend
What is Bhandari Hosiery Exports's current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend 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.
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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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/08/10 00:00 |
| End of Day Share Price | 2022/08/10 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2022/03/31 |
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.