Banaras Beads Limited (IN:BANARBEADS)
:BANARBEADS
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Banaras Beads Limited
(BANARBEADS)
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Rating:47Neutral
Price Target:
₹111.00
▼(-22.76% Downside)
Action:Reiterated
Date:05/29/26
The score is held down primarily by weak and volatile cash generation (negative operating and free cash flow) alongside a sharp rise in debt, despite still-positive profitability. Technicals are neutral-to-soft with negative MACD and the price below key moving averages. A high P/E with only a modest dividend yield further limits the overall score.
Positive Factors
Export-driven sales
Significant export exposure gives the company access to larger international B2B order books and diversified end markets. Structurally this supports scale and revenue sources beyond domestic demand, helping stabilize top-line risk over a multi-month horizon if export relationships persist.
Negative Factors
Weak cash generation
Recurring negative operating cash flow and a deeply negative FY2026 free cash flow (-141.0M) undermine earnings quality and liquidity. Over a multi-month horizon this limits reinvestment capacity, forces reliance on external funding, and raises execution risk for working-capital intensive manufacturing operations.
Read all positive and negative factors
Positive Factors
Negative Factors
Export-driven sales
Significant export exposure gives the company access to larger international B2B order books and diversified end markets. Structurally this supports scale and revenue sources beyond domestic demand, helping stabilize top-line risk over a multi-month horizon if export relationships persist.
Read all positive factors
Banaras Beads Limited (BANARBEADS) vs. iShares MSCI India ETF (INDA)
Market Cap
₹736.29M
Dividend Yield1.72%
Average Volume (3M)769.00
Price to Earnings (P/E)40.0
Beta (1Y)1.22
Revenue Growth-19.25%
EPS Growth-42.48%
CountryIN
Employees242
SectorConsumer Goods
Sector StrengthN/A
IndustryApparel - Footwear & Accessories
Share Statistics
EPS (TTM)2.71
Shares Outstanding6,636,222
10 Day Avg. Volume487
30 Day Avg. Volume769
Financial Highlights & Ratios
PEG Ratio-0.91
Price to Book (P/B)1.17
Price to Sales (P/S)2.65
P/FCF Ratio-4.78
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Banaras Beads Limited Business Overview & Revenue Model
Company Description
Banaras Beads Limited manufactures and exports glass beads, necklaces, imitation jewelries, and other related products in India, the United States, South Africa, the United Kingdom, Ireland, Germany, Europe, the Middle East, and Africa. The compan...
How the Company Makes Money
Banaras Beads Limited makes money primarily by selling beads and bead-based fashion accessories/handicraft products that it manufactures and sources, earning revenue from both export and domestic sales. Its core revenue streams are (1) sales of fi...
Banaras Beads Limited Financial Statement Overview
Summary
Income Statement
58
Neutral
Balance Sheet
67
Positive
Cash Flow
31
Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 241.87M | 254.87M | 315.63M | 272.57M | 259.65M | 242.97M |
| Gross Profit | 155.67M | 111.10M | 124.21M | 133.05M | 67.99M | 135.54M |
| EBITDA | 46.83M | 40.15M | 61.14M | 49.74M | 48.64M | 53.39M |
| Net Income | 18.06M | 17.75M | 30.88M | 27.51M | 25.43M | 29.20M |
Balance Sheet | ||||||
| Total Assets | 740.24M | 805.38M | 666.32M | 598.04M | 559.12M | 597.69M |
| Cash, Cash Equivalents and Short-Term Investments | 13.22M | 54.81M | 28.58M | 118.55M | 11.20M | 120.27M |
| Total Debt | 155.23M | 205.29M | 85.83M | 32.90M | 2.91M | 58.01M |
| Total Liabilities | 175.24M | 228.91M | 107.89M | 55.64M | 30.74M | 81.36M |
| Stockholders Equity | 565.00M | 576.47M | 558.42M | 542.40M | 528.39M | 516.33M |
Cash Flow | ||||||
| Free Cash Flow | -86.29M | -141.03M | 25.35M | -44.93M | -56.70M | -124.43M |
| Operating Cash Flow | -14.78M | -60.68M | 51.89M | -34.74M | -44.48M | -40.38M |
| Investing Cash Flow | -67.83M | -33.82M | -180.19M | 129.37M | 9.49M | 100.62M |
| Financing Cash Flow | 66.15M | 119.64M | 38.09M | 14.20M | -76.17M | -554.00K |
Banaras Beads Limited Technical Analysis
Negative
143.70
Price Trends
111.14
Negative
115.11
Negative
120.23
Negative
Market Momentum
-0.38
Positive
47.02
Neutral
34.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:BANARBEADS, the sentiment is Negative. The current price of 143.7 is above the 20-day moving average (MA) of 113.78, above the 50-day MA of 111.14, and above the 200-day MA of 120.23, indicating a bearish trend. The MACD of -0.38 indicates Positive momentum. The RSI at 47.02 is Neutral, neither overbought nor oversold. The STOCH value of 34.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:BANARBEADS.
Banaras Beads Limited Peers Comparison
UnderperformOutperform
Sector (57)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | ₹10.43B | 28.01 | ― | ― | 31.94% | -19.61% | |
58 Neutral | ₹4.44B | 53.93 | ― | ― | -9.29% | 82.53% | |
57 Neutral | ₹1.80B | 28.39 | ― | 0.55% | 1.77% | -60.56% | |
57 Neutral | $3.13B | 9.23 | -34.32% | 3.14% | -25.56% | -353.61% | |
51 Neutral | ₹4.17B | 36.87 | ― | ― | 9.55% | -17.22% | |
50 Neutral | ₹613.38M | 32.01 | ― | ― | 61.75% | -57.22% | |
47 Neutral | ₹736.29M | 40.05 | ― | 1.72% | -19.25% | -42.48% |
* Consumer Goods Sector Average
IN:BANARBEADS
Banaras Beads Limited
110.95
-8.20
-6.88%
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Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.