Bhandari Hosiery Exports Ltd (BHANDARI) AI Stock Analysis

• Market Cap: ₹1.21B
• Dividend Yield: 0.4%
• Average Volume (3M): 72.70K
• Price to Earnings (P/E): 14.0
• Beta (1Y): 1.03
• Revenue Growth: 4.43%
• EPS Growth: -7.86%
• Country: IN
• Employees: 339
• Sector: Consumer Goods
• Sector Strength: N/A
• Industry: Apparel - Manufacturers
• EPS (TTM): 0.11
• Shares Outstanding: 240,049,650
• 10 Day Avg. Volume: 54,991
• 30 Day Avg. Volume: 72,704
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: ₹6.00
• Price Target Upside: 19.52% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 65 Neutral
• Price Target: ₹6.00 ▲(19.52% Upside)

The overall stock score of 65 reflects stable financial performance and a neutral technical outlook, with no strong bullish indicators. Valuation is moderate, suggesting the stock is fairly priced but not undervalued. The most significant factor is the company's financial stability, despite leverage risks and cash flow challenges.

Bhandari Hosiery Exports Ltd Business Overview & Revenue Model

Company Description

Bhandari Hosiery Exports Ltd (BHANDARI) is an Indian company engaged in the manufacturing and export of textile products, primarily focusing on knitted apparel. The company operates in the textiles and garments sector, producing a wide range of knitted garments, including T-shirts, pullovers, sweatshirts, and other casual and sportswear. Bhandari Hosiery Exports Ltd is known for its commitment to quality, innovation, and sustainability, catering to both domestic and international markets.

How the Company Makes Money

Bhandari Hosiery Exports Ltd generates revenue primarily through the sale of its knitted garments. The company's key revenue streams include direct sales to retailers and wholesalers, exports to international markets, and online sales through various e-commerce platforms. Its earnings are significantly bolstered by partnerships with international brands and retailers, which facilitate the distribution of its products in global markets. Additionally, Bhandari Hosiery Exports Ltd benefits from its vertically integrated operations, enabling cost efficiency and better control over product quality, contributing to its profitability.

Bhandari Hosiery Exports Ltd Financial Statement Overview

Summary

Bhandari Hosiery Exports Ltd demonstrates a stable financial performance with moderate revenue growth and improved profitability. The balance sheet indicates a strong equity position, although debt levels warrant careful monitoring. Cash flow management needs enhancement, particularly in generating positive free cash flow. Overall, the company is positioned well but should focus on reducing leverage and enhancing cash flow.

Income Statement

The company shows a consistent revenue base with a slight growth trajectory. Gross Profit Margin remains stable around 21.5%, indicating good control over production costs. Net Profit Margin improved to approximately 2.8% in the latest period, showing enhanced profitability. EBIT and EBITDA margins are healthy, implying efficient operational management.

Balance Sheet

The Debt-to-Equity ratio has improved, showing a better balance between debt and equity. The company has strengthened its equity base over the years, enhancing financial stability. The Equity Ratio is robust, reflecting a solid asset base supported by equity. However, high total debt remains a concern, indicating potential leverage risks.

Cash Flow

The company has faced challenges in generating positive free cash flow, with recent negative figures. However, the operating cash flow is relatively strong compared to net income, indicating efficient cash generation from operations. The Free Cash Flow to Net Income ratio shows room for improvement.

Breakdown	Mar 2025	Mar 2024	Mar 2022	Mar 2023	Mar 2021
Income Statement
Total Revenue	2.79B	2.67B	2.83B	2.83B	2.26B
Gross Profit	598.03M	262.29M	483.91M	708.07M	308.44M
EBITDA	284.18M	246.21M	226.56M	234.40M	182.72M
Net Income	77.13M	65.33M	62.70M	65.06M	16.69M
Balance Sheet
Total Assets	2.76B	2.51B	2.18B	2.17B	2.07B
Cash, Cash Equivalents and Short-Term Investments	4.29M	6.38M	13.70M	33.90M	22.49M
Total Debt	1.02B	1.22B	1.14B	941.64M	1.14B
Total Liabilities	1.22B	1.51B	1.36B	1.30B	1.32B
Stockholders Equity	1.53B	995.87M	815.54M	871.23M	754.30M
Cash Flow
Free Cash Flow	-270.08M	-152.78M	15.08M	90.56M	-31.51M
Operating Cash Flow	-251.51M	159.64M	29.98M	121.10M	-1.98M
Investing Cash Flow	-23.38M	-292.30M	12.06M	-26.97M	-18.51M
Financing Cash Flow	272.80M	124.03M	-50.83M	-90.43M	33.38M

Bhandari Hosiery Exports Ltd Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 5.02
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:BHANDARI, the sentiment is Negative. The current price of 5.02 is below the 20-day moving average (MA) of 5.36, below the 50-day MA of 5.48, and below the 200-day MA of 5.89, indicating a bearish trend. The MACD of -0.15 indicates Positive momentum. The RSI at 35.72 is Neutral, neither overbought nor oversold. The STOCH value of 41.84 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:BHANDARI.

Bhandari Hosiery Exports Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FIBERWEB	70 Neutral	₹1.39B	9.24		―	17.79%	106.33%
BHANDARI	65 Neutral	₹1.21B	14.00		0.40%	4.43%	-7.86%
PIONEEREMB	63 Neutral	₹1.23B	22.30		―	11.56%	6.13%
LOYALTEX	57 Neutral	₹1.67B	―		―	-27.37%	-29.73%
Sector *	57 Neutral	$3.22B	9.46	-34.32%	2.94%	-25.56%	-353.61%
SALONA	50 Neutral	₹1.23B	51.41		0.43%	-8.32%	-48.85%
ZENITHEXPO	46 Neutral	₹1.22B	41.26		―	-11.75%	468.34%

Bhandari Hosiery Exports Ltd Corporate Events

Bhandari Hosiery Exports Announces AGM and Dividend Details

Bhandari Hosiery Exports Limited, a company involved in the textile industry, has announced the publication of a notice in the newspapers ‘Financial Express’ and ‘Nawan Zamana’. This notice pertains to the company’s 32nd Annual General Meeting, book closure, e-voting information, and dividend details. This announcement is part of the company’s compliance with SEBI’s Listing Obligations and Disclosure Requirements Regulations, 2015, and reflects its commitment to maintaining transparency and communication with its stakeholders.

Bhandari Hosiery Exports Ltd Confirms Compliance with SEBI Regulations

Bhandari Hosiery Exports Ltd has submitted a certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, for the quarter ending June 30, 2025. This submission confirms that the securities received for dematerialization were processed and listed on the stock exchanges, ensuring compliance with regulatory requirements. The announcement reflects the company’s adherence to regulatory standards, potentially reinforcing its credibility and operational transparency in the market.