Bhandari Hosiery Exports Ltd (BHANDARI) AI Stock Analysis

• Market Cap: ₹1.46B
• Dividend Yield: 0.51%
• Average Volume (3M): 36.28K
• Price to Earnings (P/E): 10.9
• Beta (1Y): 1.10
• Revenue Growth: 2.92%
• EPS Growth: -0.09%
• Country: IN
• Employees: 339
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Apparel - Manufacturers
• EPS (TTM): 0.08
• Shares Outstanding: 432,089,400
• 10 Day Avg. Volume: 23,916
• 30 Day Avg. Volume: 36,284
• PEG Ratio: -0.70
• Price to Book (P/B): 0.79
• Price to Sales (P/S): 0.43
• P/FCF Ratio: -4.48
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 62 Neutral
• Price Target: ₹3.50 ▼(-16.27% Downside)
• Action: Reiterated Date: 04/07/26
• Date: Action: Reiterated 04/07/26

The score is driven primarily by stable operations and improved profitability, offset by leverage and weak free-cash-flow generation. Technicals are mixed with longer-term trend still down (below 100/200-day) and a negative MACD, while valuation is modestly supportive due to a low P/E but a small dividend yield.

Positive Factors

Stable Gross & Improving Net Margins

Stable gross margin (~21.5%) and a recently improved net margin (~2.8%) indicate durable cost control in manufacturing and gradual translation of revenue into bottom-line profit. Over 2–6 months this supports resilience to input-cost swings and gives management room to invest in productivity or product quality to sustain margins.

Negative Factors

High Total Debt Remains

Despite improvements, elevated total debt still creates leverage risk that can strain interest coverage and cash allocation. Over 2–6 months a leveraged balance sheet reduces strategic flexibility, increases refinancing and interest-rate sensitivity, and heightens vulnerability if revenue growth or margins stall.

Bhandari Hosiery Exports Ltd Business Overview & Revenue Model

Company Description

Bhandari Hosiery Exports Limited manufactures and sells textile products in India. The company manufactures and exports knitted hosiery garments, such as T-shirts, pullovers, sweatshirts, bermudas, polo shirts, track suits, pajamas, lowers, ladies...

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Bhandari Hosiery Exports Limited manufactures and sells textile products in India. The company manufactures and exports knitted hosiery garments, such as T-shirts, pullovers, sweatshirts, bermudas, polo shirts, track suits, pajamas, lowers, ladies...

How the Company Makes Money

BHANDARI makes money primarily by selling hosiery/knitwear and garment products to customers, with revenue recognized from the manufacture and export/sale of finished textile and apparel goods. Its key revenue stream is proceeds from these product...

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BHANDARI makes money primarily by selling hosiery/knitwear and garment products to customers, with revenue recognized from the manufacture and export/sale of finished textile and apparel goods. Its key revenue stream is proceeds from these product...

Bhandari Hosiery Exports Ltd Financial Statement Overview

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	2.83B	2.79B	2.67B	2.83B	2.83B	2.26B
Gross Profit	759.26M	598.03M	661.28M	708.07M	483.91M	308.44M
EBITDA	283.44M	284.18M	246.21M	234.40M	226.56M	182.72M
Net Income	83.60M	77.13M	65.33M	65.06M	62.70M	16.69M
Balance Sheet
Total Assets	2.83B	2.76B	2.51B	2.17B	2.18B	2.07B
Cash, Cash Equivalents and Short-Term Investments	93.37M	4.29M	6.38M	15.01M	28.54M	40.07M
Total Debt	1.02B	1.02B	1.22B	1.04B	1.14B	1.14B
Total Liabilities	1.26B	1.22B	1.51B	1.30B	1.36B	1.32B
Stockholders Equity	1.56B	1.53B	995.87M	871.23M	815.54M	754.30M
Cash Flow
Free Cash Flow	10.24M	-270.08M	-152.78M	90.56M	15.08M	-31.51M
Operating Cash Flow	27.99M	-251.51M	159.64M	121.10M	29.98M	-1.98M
Investing Cash Flow	-16.77M	-23.38M	-292.30M	-26.97M	12.06M	-18.51M
Financing Cash Flow	-8.91M	272.80M	124.03M	-90.43M	-50.83M	33.38M

Bhandari Hosiery Exports Ltd Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 4.18
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:BHANDARI, the sentiment is Neutral. The current price of 4.18 is above the 20-day moving average (MA) of 2.59, above the 50-day MA of 3.06, and above the 200-day MA of 3.88, indicating a neutral trend. The MACD of -0.04 indicates Negative momentum. The RSI at 64.63 is Neutral, neither overbought nor oversold. The STOCH value of 92.59 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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	74 Outperform	₹1.08B	6.65	―	―	19.37%	40.55%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
BHANDARI	62 Neutral	₹1.46B	10.89	―	0.51%	2.92%	-0.09%
LOYALTEX	56 Neutral	₹957.03M	-1.31	―	―	-30.97%	80.99%
PIONEEREMB	56 Neutral	₹784.97M	-26.56	―	―	-4.46%	-77.27%
ZENITHEXPO	55 Neutral	₹1.01B	172.50	―	―	8.45%	―
SALONA	54 Neutral	₹1.40B	104.73	―	0.36%	-13.03%	-81.40%

Bhandari Hosiery Exports Ltd Corporate Events