Banaras Beads
Market Cap
₹226.3m
Last Updated
2020/02/16 12:39 UTC
Data Sources
Company Financials
Executive Summary
Banaras Beads Limited manufactures and markets glass beads, necklaces, imitation jewelry, and other related products in India.
Snowflake Analysis
Adequate balance sheet with proven track record.
Share Price & News
How has Banaras Beads's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 526849 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-4.1%
526849
0.2%
IN Luxury
-0.4%
IN Market
1 Year Return
-22.5%
526849
16.6%
IN Luxury
11.1%
IN Market
Return vs Industry: 526849 underperformed the Indian Luxury industry which returned 16.6% over the past year.
Return vs Market: 526849 underperformed the Indian Market which returned 11.1% over the past year.
Shareholder returns
| 526849 | Industry | Market | |
|---|---|---|---|
| 7 Day | -4.1% | 0.2% | -0.4% |
| 30 Day | -0.3% | 3.3% | -1.2% |
| 90 Day | 10.0% | 8.5% | 3.3% |
| 1 Year | -22.5%-22.5% | 17.3%16.6% | 13.0%11.1% |
| 3 Year | -61.4%-62.0% | 53.8%52.0% | 25.3%18.6% |
| 5 Year | -8.8%-16.9% | 103.0%96.4% | 35.4%23.1% |
Price Volatility Vs. Market
How volatile is Banaras Beads's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 year ago | Simply Wall St
With An ROE Of 3.13%, Can Banaras Beads Limited (BOM:526849) Catch Up To The Industry?Valuation
Is Banaras Beads undervalued compared to its fair value and its price relative to the market?
11.03x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 526849's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 526849's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 526849 is good value based on its PE Ratio (11x) compared to the Luxury industry average (11x).
PE vs Market: 526849 is good value based on its PE Ratio (11x) compared to the Indian market (13.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 526849's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 526849 is good value based on its PB Ratio (0.5x) compared to the IN Luxury industry average (0.5x).
Next Steps
Future Growth
How is Banaras Beads forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
19.8%
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 Banaras Beads 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.
Next Steps
- Examine whether Banaras Beads is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Banaras Beads competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Consumer Durables industry.
Past Performance
How has Banaras Beads performed over the past 5 years?
-16.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 526849 has high quality earnings.
Growing Profit Margin: 526849's current net profit margins (8.2%) are higher than last year (4.4%).
Past Earnings Growth Analysis
Earnings Trend: 526849's earnings have declined by -16.8% per year over the past 5 years.
Accelerating Growth: 526849's earnings growth over the past year (155.1%) exceeds its 5-year average (-16.8% per year).
Earnings vs Industry: 526849 earnings growth over the past year (155.1%) exceeded the Luxury industry 2.7%.
Return on Equity
High ROE: 526849's Return on Equity (4.4%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Banaras Beads's financial position?
Financial Position Analysis
Short Term Liabilities: 526849's short term assets (₹295.0M) exceed its short term liabilities (₹46.2M).
Long Term Liabilities: 526849's short term assets (₹295.0M) exceed its long term liabilities (₹178.0K).
Debt to Equity History and Analysis
Debt Level: 526849's debt to equity ratio (4.6%) is considered satisfactory.
Reducing Debt: 526849's debt to equity ratio has increased from 1.9% to 4.6% over the past 5 years.
Debt Coverage: 526849's debt is not well covered by operating cash flow (15.5%).
Interest Coverage: 526849 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Inventory Level: 526849 has a high level of physical assets or inventory.
Debt Coverage by Assets: 526849's debt is covered by short term assets (assets are 13.6x debt).
Next Steps
Dividend
What is Banaras Beads's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate 526849's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 526849's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 526849's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 526849's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 526849 is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 526849's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.5yrs
Average management tenure
CEO
Siddharth Gupta (36yo)
6.1yrs
Tenure
₹1,488,000
Compensation
Mr. Siddharth Gupta has been the Chief Executive Officer, Managing Director and Director of Banaras Beads Limited since January 31, 2014 and serves as its BR Head. Mr. Gupta served as Whole Time Executive ...
CEO Compensation Analysis
Compensation vs Market: Siddharth's total compensation ($USD20.81K) is below average for companies of similar size in the Indian market ($USD50.14K).
Compensation vs Earnings: Siddharth's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 0yrs | ₹2.40m | 21.22% ₹48.0m | |
| CEO, MD | 6.1yrs | ₹1.49m | 10.56% ₹23.9m | |
| Company Secretary & Compliance Officer | 0yrs | no data | 0.00075% ₹1.7k | |
| Executive Director | 4.9yrs | ₹600.00k | no data | |
| Chief Financial Officer | 1.1yrs | no data | no data | |
| Manager of Marketing | 1.5yrs | no data | no data | |
| Deputy Manager and Personal Assistant to CEO & MD | 1.5yrs | no data | no data |
1.5yrs
Average Tenure
44yo
Average Age
Experienced Management: 526849's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 0yrs | ₹2.40m | 21.22% ₹48.0m | |
| CEO, MD | 6.1yrs | ₹1.49m | 10.56% ₹23.9m | |
| Executive Director | 4.9yrs | ₹600.00k | no data | |
| Independent Director | 0.08yrs | no data | 0.51% ₹1.1m | |
| Independent Director | 0.08yrs | no data | no data | |
| Independent Director | 0.08yrs | no data | no data |
0.08yrs
Average Tenure
50yo
Average Age
Experienced Board: 526849's board of directors are not considered experienced ( 0.1 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
Banaras Beads Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Banaras Beads Limited
- Ticker: 526849
- Exchange: BSE
- Founded: 1940
- Industry: Apparel, Accessories and Luxury Goods
- Sector: Consumer Durables
- Market Cap: ₹226.295m
- Shares outstanding: 6.64m
- Website: https://www.banarasbead.com
Number of Employees
Location
- Banaras Beads Limited
- A-1, Industrial Estate
- Varanasi
- Uttar Pradesh
- 221106
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 526849 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Jan 2002 |
| BANARBEADS | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Jan 2002 |
Biography
Banaras Beads Limited manufactures and markets glass beads, necklaces, imitation jewelry, and other related products in India. The company also offers beads made from clay, brass, aluminum, copper, resin, ceramics, horn, bone, semiprecious stones, agate, lac, hand painted beads, spray painted beads, etc.; and trades in leather and cotton wax cords, and miscellaneous handicraft products. It serves wholesalers and retailers, companies dealing in craft business, craft stores/large retail chain stores, and online business companies. The company also exports its products. Banaras Beads Limited was founded in 1940 and is headquartered in Varanasi, India.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/16 12:39 |
| End of Day Share Price | 2020/02/14 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/03/31 |
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.