Banaras Beads Limited (BANARBEADS) AI Stock Analysis

• Market Cap: ₹710.08M
• Dividend Yield: 2.08%
• Average Volume (3M): 4.12K
• Price to Earnings (P/E): 22.5
• Beta (1Y): 1.17
• Revenue Growth: 5.55%
• EPS Growth: 11.36%
• Country: IN
• Employees: 242
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Apparel - Footwear & Accessories
• EPS (TTM): 0.92
• Shares Outstanding: 6,636,222
• 10 Day Avg. Volume: 2,982
• 30 Day Avg. Volume: 4,116
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹113.00
• Price Target Upside: 5.41% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 66 Neutral
• Price Target: ₹113.00 ▲(5.41% Upside)

Banaras Beads Limited shows strong financial performance with consistent revenue growth and profitability, though increased leverage and cash flow volatility pose risks. The technical analysis indicates a bearish trend, while the valuation is moderate with a reasonable dividend yield. The absence of earnings call data and corporate events did not impact the score.

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 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 was founded in 1940 and is headquartered in Varanasi, India.

How the Company Makes Money

Banaras Beads Limited generates revenue primarily through the sale of its glass beads and imitation jewelry products. The company exports a significant portion of its products to international markets, which forms a major part of its income stream. By leveraging its expertise in handcrafted beadwork and jewelry, the company capitalizes on the global demand for decorative and artistic beads used in fashion and accessories. Strategic partnerships with international distributors and participation in trade fairs and exhibitions also contribute to expanding its market reach and customer base, enhancing its revenue potential.

Banaras Beads Limited Financial Statement Overview

Summary

Banaras Beads Limited demonstrates strong revenue growth and consistent profitability, with a solid return on equity. However, the increased leverage and cash flow volatility present potential risks. Overall, the company's financial health appears stable with opportunities for further growth, though careful management of debt and cash flows is essential.

Income Statement

Banaras Beads Limited shows a strong revenue growth trajectory, with revenue increasing from INR 194 million in 2021 to INR 316 million in 2025. The net profit margin improved from 12.3% in 2021 to 9.8% in 2025, indicating consistent profitability. However, the gross profit margin decreased from 44.7% in 2021 to 39.4% in 2025, suggesting rising costs. Overall, the steady increase in revenue and net income reflects a positive growth trend.

Balance Sheet

The company's debt-to-equity ratio increased significantly, from 0.09 in 2021 to 0.15 in 2025, indicating higher leverage, which could pose a risk if not managed properly. However, the return on equity (ROE) remained healthy at 5.5% in 2025. The equity ratio slightly decreased from 89.2% in 2021 to 83.8% in 2025, reflecting a well-capitalized position despite the increased debt.

Cash Flow

Banaras Beads Limited experienced fluctuations in free cash flow, moving from negative INR 59 million in 2021 to positive INR 25 million in 2025. The operating cash flow to net income ratio improved, indicating better cash generation relative to profits. However, the historical volatility in cash flows suggests potential liquidity challenges, which could impact future operations.

Breakdown	TTM	Dec 2025	Dec 2023	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	330.51M	315.63M	269.69M	272.57M	240.81M	194.25M
Gross Profit	147.99M	124.21M	181.25M	63.48M	125.18M	86.79M
EBITDA	59.96M	61.14M	48.64M	49.74M	53.39M	47.71M
Net Income	31.95M	30.88M	25.43M	27.51M	29.20M	23.93M
Balance Sheet
Total Assets	0.00	666.32M	559.12M	598.04M	597.69M	560.93M
Cash, Cash Equivalents and Short-Term Investments	101.90M	29.68M	11.20M	118.55M	120.27M	96.83M
Total Debt	0.00	85.83M	2.91M	32.90M	58.01M	43.28M
Total Liabilities	-561.66M	107.89M	30.74M	55.64M	81.36M	60.49M
Stockholders Equity	561.66M	558.42M	528.39M	542.40M	516.33M	500.45M
Cash Flow
Free Cash Flow	0.00	25.35M	-56.70M	-44.93M	-124.43M	-59.86M
Operating Cash Flow	0.00	51.89M	-44.48M	-34.74M	-40.38M	-57.18M
Investing Cash Flow	0.00	-180.19M	9.49M	129.37M	100.62M	28.88M
Financing Cash Flow	0.00	38.09M	-76.17M	14.20M	-554.00K	42.69M

Banaras Beads Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 107.20
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: 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 107.2 is above the 20-day moving average (MA) of 104.72, below the 50-day MA of 110.63, and below the 200-day MA of 122.15, indicating a neutral trend. The MACD of -0.84 indicates Negative momentum. The RSI at 46.39 is Neutral, neither overbought nor oversold. The STOCH value of 30.41 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MIRZAINT	67 Neutral	5.82B	42.13	-0.63%	―	-10.28%	33.06%
BANARBEADS	66 Neutral	₹710.08M	22.48		2.08%	5.55%	11.36%
BIL	65 Neutral	11.50B	41.15	3.49%	―	29.35%	0.00%
JAIPURKURT	62 Neutral	658.53M	19.62	7.10%	―	41.63%	0.56%
SUPERHOUSE	55 Neutral	2.07B	55.91	2.05%	0.43%	6.35%	-78.65%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%