BANARBEADS
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What does Banaras Beads do?
Established in 1940, Banaras Beads Limited is India's leading manufacturer of glass beads, fashion jewellery, and accessories. It offers a diverse range of handicraft products, combining handmade and machine-made techniques for quality production.
Who are the competitors of Banaras Beads?
Banaras Beads major competitors are Jai Mata Glass, Triveni Glass, Haldyn Glass, Sejal Glass, Empire Inds, La Opala R G, Asahi India Glass. Market Cap of Banaras Beads is ₹70 Crs. While the median market cap of its peers are ₹485 Crs.
Is Banaras Beads financially stable compared to its competitors?
Banaras Beads seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Banaras Beads pay decent dividends?
The company seems to pay a good stable dividend. Banaras Beads latest dividend payout ratio is 48.19% and 3yr average dividend payout ratio is 49.43%
How has Banaras Beads allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Banaras Beads balance sheet?
Balance sheet of Banaras Beads is strong. But short term working capital might become an issue for this company.
Is the profitablity of Banaras Beads improving?
The profit is oscillating. The profit of Banaras Beads is ₹1.88 Crs for TTM, ₹3.09 Crs for Mar 2025 and ₹2.75 Crs for Mar 2024.
Is the debt of Banaras Beads increasing or decreasing?
Yes, The net debt of Banaras Beads is increasing. Latest net debt of Banaras Beads is ₹14.2 Crs as of Sep-25. This is greater than Mar-25 when it was ₹2.77 Crs.
Is Banaras Beads stock expensive?
Yes, Banaras Beads is expensive. Latest PE of Banaras Beads is 37.28, while 3 year average PE is 24.97. Also latest EV/EBITDA of Banaras Beads is 25.75 while 3yr average is 19.84.
Has the share price of Banaras Beads grown faster than its competition?
Banaras Beads has given lower returns compared to its competitors. Banaras Beads has grown at ~8.3% over the last 10yrs while peers have grown at a median rate of 11.39%
Is the promoter bullish about Banaras Beads?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Banaras Beads is 58.14% and last quarter promoter holding is 58.14%.
Are mutual funds buying/selling Banaras Beads?
There is Insufficient data to gauge this.
