Banaras Beads Limited (BANARBEADS) AI Stock Analysis

• Market Cap: ₹949.31M
• Dividend Yield: 1.58%
• Average Volume (3M): 7.74K
• Price to Earnings (P/E): 52.6
• Beta (1Y): 1.06
• Revenue Growth: -22.27%
• EPS Growth: -42.61%
• Country: IN
• Employees: 242
• Sector: Consumer Goods
• Sector Strength: N/A
• Industry: Apparel - Footwear & Accessories
• EPS (TTM): N/A
• Shares Outstanding: 6,636,222
• 10 Day Avg. Volume: 4,036
• 30 Day Avg. Volume: 7,739
• PEG Ratio: 2.34
• Price to Book (P/B): 1.50
• Price to Sales (P/S): 2.65
• P/FCF Ratio: 32.95
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 73 Outperform
• Price Target: ₹163.00 ▲(13.43% Upside)

Banaras Beads Limited's stock is supported by strong financial performance and positive technical indicators, suggesting a stable growth trajectory. However, the high P/E ratio indicates a potentially overvalued stock, which could limit upside potential. The absence of recent earnings call data and corporate events means the score is primarily driven by financial and technical factors.

Banaras Beads Limited Business Overview & Revenue Model

Company Description

Banaras Beads Limited (BANARBEADS) is a leading manufacturer and supplier of high-quality beads and decorative accessories, specializing in traditional and contemporary designs. The company operates primarily in the fashion and jewelry sectors, providing a diverse range of products including glass beads, metal beads, and handcrafted embellishments. With a commitment to craftsmanship, BANARBEADS serves both domestic and international markets, catering to wholesalers, retailers, and individual artisans.

How the Company Makes Money

Banaras Beads Limited generates revenue through multiple key streams. The primary source of income comes from the direct sale of its bead products to retailers and wholesalers, which includes bulk orders and custom designs for specific clients. Additionally, the company has established partnerships with fashion designers and jewelry makers, offering exclusive collections that enhance its market presence and drive sales. Another revenue stream includes online sales through its e-commerce platform, which allows the company to reach a broader customer base. The company also benefits from attending trade shows and exhibitions, where it showcases its products and builds relationships with potential buyers, further contributing to its earnings.

Banaras Beads Limited Financial Statement Overview

Summary

Banaras Beads Limited demonstrates strong revenue growth and consistent profitability, with a solid return on equity. However, 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 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	306.95M	315.63M	272.57M	259.65M	242.97M	200.16M
Gross Profit	158.50M	124.21M	133.05M	67.99M	135.54M	86.79M
EBITDA	63.17M	61.14M	49.74M	48.64M	53.39M	47.71M
Net Income	31.59M	30.88M	27.51M	25.43M	29.20M	23.93M
Balance Sheet
Total Assets	0.00	666.32M	598.04M	559.12M	597.69M	560.93M
Cash, Cash Equivalents and Short-Term Investments	28.58M	28.58M	118.55M	11.20M	120.27M	96.83M
Total Debt	0.00	85.83M	32.90M	2.91M	58.01M	43.28M
Total Liabilities	-558.42M	107.89M	55.64M	30.74M	81.36M	60.49M
Stockholders Equity	558.42M	558.42M	542.40M	528.39M	516.33M	500.45M
Cash Flow
Free Cash Flow	0.00	25.35M	-44.93M	-56.70M	-124.43M	-59.86M
Operating Cash Flow	0.00	51.89M	-34.74M	-44.48M	-40.38M	-57.18M
Investing Cash Flow	0.00	-180.19M	129.37M	9.49M	100.62M	28.88M
Financing Cash Flow	0.00	38.09M	14.20M	-76.17M	-554.00K	42.69M

Banaras Beads Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 143.70
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:BANARBEADS, the sentiment is Positive. The current price of 143.7 is below the 20-day moving average (MA) of 144.96, above the 50-day MA of 124.32, and above the 200-day MA of 122.78, indicating a neutral trend. The MACD of 5.42 indicates Positive momentum. The RSI at 54.94 is Neutral, neither overbought nor oversold. The STOCH value of 16.52 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:BANARBEADS.

Banaras Beads Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BANARBEADS	―	₹949.31M	52.57	―	1.58%	-22.27%	-42.61%
MIRZAINT	―	₹5.39B	39.58	―	―	-10.28%	33.06%
BIL	―	₹11.38B	39.44	―	―	29.35%	―
JAIPURKURT	―	₹675.79M	20.07	―	―	41.63%	0.37%
Sector *	―	$3.13B	9.23	-34.32%	3.14%	-25.56%	-353.61%
SUPERHOUSE	―	₹1.77B	47.75	―	0.49%	6.35%	-78.65%

Banaras Beads Limited Corporate Events

Banaras Beads Launches ‘Saksham Niveshak’ Campaign for Shareholders

Banaras Beads Limited has announced a 100-day campaign, ‘Saksham Niveshak,’ running from July 28 to November 6, 2025. The campaign aims to assist shareholders with dividend claims, KYC updates, and prevent the transfer of unpaid dividends to the Investor Education and Protection Fund Authority, reflecting the company’s commitment to enhancing shareholder engagement and compliance.

Banaras Beads Limited Opens Special Window for Physical Share Transfers

Banaras Beads Limited has announced the opening of a special window for the re-lodgement of transfer requests for physical shares, as per the SEBI circular dated July 2, 2025. This move is part of compliance with regulatory requirements and aims to facilitate shareholders in transferring their physical shares, potentially impacting the liquidity and trading of the company’s shares.

Banaras Beads Limited Confirms Compliance with SEBI Regulations

Banaras Beads Limited has submitted a certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, to the National Stock Exchange and BSE Limited. The certificate, issued by their Registrar and Share Transfer agent, Mas Services Limited, confirms that all securities received for dematerialization during the quarter ending September 30, 2025, were processed within the stipulated 15-day period. This compliance ensures the company’s adherence to regulatory requirements, potentially enhancing its credibility and operational transparency in the market.