Banaras Beads Limited (BANARBEADS)

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Banaras Beads Limited (BANARBEADS) · mywealthgrid

About

Banaras Beads Limited operates in Gems, Jewellery And Watches within the Consumer Discretionary sector.

Face value: ₹10

Market cap

₹77 Cr

P/E

40.5×

P/B

1.3×

Dividend yield

1.9%

ROE

3.1%

ROCE

6.8%

Debt / equity

0.36

OPM

15.7%

EPS (TTM)

₹2.9

Book value

₹87.3

52-week high

—

52-week low

—

2,526 historical price candles were omitted because the exchange source has not been verified.

₹116.0+0.7%1Y

Quick read

rule-based

Pros

+Dividend payout of 78.6% of profit

Cons

−Low return on equity of 4.6% (3-yr avg)
−Profit declined 5.8% a year over the last 5 years
−Modest revenue growth of 4.5% a year over the last 5 years

Research score

Structured signal from quality, growth, valuation and momentum.

39/100

Business quality: 27
Growth: 41
Valuation: 49

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Kalyan Jewellers India LimitedKALYANKJILKALYANKJIL	₹54,578 Cr	₹55,102 Cr	₹39,063 Cr	₹2,616 Cr	7%	₹1,435 Cr	3.8%	31.5%	24.3%	136
Lalithaa Jewellery Mart LimitedLALITHAALALITHAA	₹21,708 Cr	₹23,312 Cr	₹25,024 Cr	₹1,674 Cr	6.7%	₹1,010 Cr	4%	54.3%	41.6%	—
Thangamayil Jewellery LimitedTHANGAMAYLTHANGAMAYL	₹15,118 Cr	₹15,943 Cr	₹9,606 Cr	₹621 Cr	6.6%	₹391 Cr	4.1%	39.1%	27.9%	142
Sky Gold And Diamonds LimitedSKYGOLDSKYGOLD	₹12,557 Cr	₹13,426 Cr	₹7,176 Cr	₹520 Cr	6.9%	₹343 Cr	4.5%	45.9%	29.3%	77
Pc Jeweller LimitedPCJEWELLERPCJEWELLER	₹12,449 Cr	₹13,522 Cr	₹3,505 Cr	₹785 Cr	20%	₹775 Cr	21.3%	11.7%	9.9%	1,082
Bluestone Jewellery And Lifestyle LimitedBLUESTONEBLUESTONE	₹12,008 Cr	₹12,753 Cr	₹2,681 Cr	₹442 Cr	16%	₹56 Cr	0.5%	9.8%	1.1%	659
P N Gadgil Jewellers LimitedPNGJLPNGJL	₹7,897 Cr	₹9,477 Cr	₹11,438 Cr	₹669 Cr	5.7%	₹446 Cr	3.8%	34.3%	23.3%	121
Timex Group India LimitedTIMEXTIMEX	₹7,368 Cr	₹7,370 Cr	₹419 Cr	₹32 Cr	7.7%	₹21 Cr	5%	32.7%	29.4%	—
Ethos LimitedETHOSLTDETHOSLTD	₹6,785 Cr	₹6,786 Cr	₹1,728 Cr	₹223 Cr	12.9%	₹106 Cr	6%	10.4%	7.7%	180
Senco Gold LimitedSENCOSENCO	₹5,199 Cr	₹6,769 Cr	₹9,660 Cr	₹999 Cr	11.5%	₹571 Cr	6.8%	38%	25.6%	259
Kddl LimitedKDDLKDDL	₹4,811 Cr	₹4,967 Cr	₹2,322 Cr	₹335 Cr	14.3%	₹97 Cr	6.3%	11.9%	8.8%	192
D. P. Abhushan LimitedDPABHUSHANDPABHUSHAN	₹4,273 Cr	₹4,433 Cr	₹2,340 Cr	₹100 Cr	4.3%	₹62 Cr	2.6%	40.8%	29.4%	—

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Standalone figures · ₹ crore · years without a filed annual are summed from quarters

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	23	26	24	17	26	20	25	27	28	32	25
COGS	—	—	-12	-7	-11	7	7	9	10	12	7
Gross profit	—	—	—	—	—	14	19	18	18	19	19
	24	25	33	22	33	10	15	14	15	15	15
	-1	1	3	3	4	3	3	4	3	4	4
OPM %	-3.6%	4.8%	13.7%	14.9%	14.7%	16.4%	12.5%	13.5%	9.4%	13.1%	15.7%
Depreciation	—	—	2	2	1	1	1	1	1	1	2
Interest	1	0	0	0	0	0	0	1	0	1	2
	2	1	1	1	1	1	2	2	2	2	2
Profit before tax	6	3	2	2	3	3	4	3	4	4	2
Tax	2	1	1	0	1	1	1	1	1	1	0
Tax %	31%	40.6%	40.5%	27.7%	27.9%	24.6%	23.4%	25.4%	25.5%	23.7%	21.7%
	4	2	1	1	2	2	3	3	3	3	2
PAT margin %	18.5%	6.3%	5.8%	6.7%	9.1%	11.7%	11.6%	9.4%	9.7%	9.8%	6.9%
EPS (₹)	6.5	2.5	2.1	1.7	3.5	0.9	4.4	3.8	4.2	4.7	2.7
EPS adjusted (₹)	—	—	—	—	—	3.6	4.4	3.8	4.2	4.7	2.7
	38.5%	39.8%	0%	0%	0%	0%	45.5%	52.2%	48.2%	48.4%	—
Annual report	Annual report for Mar 2016	Annual report for Mar 2017	Annual report for Mar 2018	Annual report for Mar 2019	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	Annual report for Mar 2026

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	7	7	7	7	7	7
Reserves	43	—	46	48	49	51
Minority interest	—	—	0	—	—	—
	4	—	0	3	9	21
	2	—	3	2	2	2
Total equity & liabilities	56	—	56	60	67	81
	18	9	9	8	10	17
CWIP	0	—	0	0	0	0
Investments	3	—	3	3	3	3
	35	—	44	48	53	61
Total assets	56	—	56	60	67	81

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	-6	-4	-4	-3	5	-5
	3	10	1	13	-17	-3
	4	-0	-8	1	3	10
Net cash flow	1	6	-11	11	-9	3
Free cash flow	-6	-4	-6	-3	2	-13
CFO / Operating profit %	-170.2%	-128.3%	-122.3%	-130.9%	120.6%	-116.7%

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Ratios

Annual operating, return, leverage and working-capital ratios.

Standalone figures

Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	67.7%	74.1%	67.2%	62.8%	61.8%	72.9%
EBITDA margin %	14.9%	14.7%	16.4%	12.5%	13.5%	9.4%	13.1%	15.7%
EBIT margin %	6.1%	9.4%	9.3%	7.4%	8.9%	5.3%	8.7%	9.6%
PAT margin %	6.7%	9.1%	11.7%	11.6%	9.4%	9.7%	9.8%	6.9%
Working capital
Receivable days	—	—	48	—	84	86	59	119
Inventory days	—	—	659	—	898	801	796	1,667
Payable days	—	—	0	—	27	15	3	26
NWC days	—	—	707	—	955	872	852	1,759
Leverage
Current ratio	—	—	40.35	—	12.15	9.87	3.5	2.67
Debt to EBITDA	—	—	1.29	—	0.08	1.24	2.08	5.12
Debt to equity	—	—	0.09	—	0.01	0.06	0.15	0.36
Interest coverage	6.3	30.4	16.9	16.2	5.3	15.2	7	2.3
Asset turnover	—	—	0.36	—	0.48	0.47	0.47	0.32
Return ratios
Return on assets %	—	—	4.3%	—	4.5%	4.6%	4.6%	2.2%
Return on capital employed %	—	—	6.1%	—	7.9%	7.3%	8.5%	6.8%
Return on equity %	—	—	4.8%	—	4.8%	5.1%	5.5%	3.1%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	58.14%	58.14%	58.14%	58.14%	58.14%	58.14%	58.14%	58.14%	58.14%	58.14%	58.48%	58.48%
FII	0%	0%	0%	0%	0%	0.04%	0.04%	0.04%	0%	0%	0%	0%
DII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	41.86%	41.86%	41.86%	41.86%	41.86%	41.82%	41.82%	41.82%	41.86%	41.86%	41.52%	41.52%
No. of shareholders	—	—	—	—	—	—	—	—	7,156	6,521	6,024	5,978

Promoter holding up 0.34 percentage points since Sep 2023.

116 deals · 22 Oct 2021 – 24 Sept 2025

Date	Client	Type	Venue	Side	Quantity	Price	Value
24 Sept 2025	ARUNA AGGARWAL	Bulk	NSE	Sell	38,283	₹135.12	₹0.52 Cr
24 Sept 2025	ARUNA AGGARWAL	Bulk	NSE	Buy	38,283	₹134.82	₹0.52 Cr
3 Dec 2024	NK SECURITIES RESEARCH PRIVATE LIMITED	Bulk	NSE	Sell	62,534	₹161.14	₹1.01 Cr
3 Dec 2024	NK SECURITIES RESEARCH PRIVATE LIMITED	Bulk	NSE	Buy	62,534	₹160.96	₹1.01 Cr
3 Dec 2024	HRTI PRIVATE LIMITED	Bulk	NSE	Buy	60,377	₹160.74	₹0.97 Cr
3 Dec 2024	HRTI PRIVATE LIMITED	Bulk	NSE	Sell	57,017	₹160.93	₹0.92 Cr
25 Oct 2024	QE SECURITIES LLP	Bulk	NSE	Buy	36,639	₹137.14	₹0.50 Cr
25 Oct 2024	QE SECURITIES LLP	Bulk	NSE	Sell	36,231	₹140.41	₹0.51 Cr
25 Oct 2024	RS SECURITIES	Bulk	NSE	Sell	33,357	₹137.03	₹0.46 Cr
25 Oct 2024	RS SECURITIES	Bulk	NSE	Buy	33,357	₹136.58	₹0.46 Cr

1–10 of 116

1 / 12

Mr. ASHOK KUMAR GUPTAExecutive Director-Chairperson related to Promoter-MD
Mr. SIDDHARTH GUPTAExecutive Director-CEO-MD
Mr. SUSHIL KUMAR KANDOINon-Executive - Independent Director-Shareholder Director
Mr. ANIL KUMAR GUPTANon-Executive - Independent Director-Shareholder Director
Mr. MANAN KUMAR SAHNon-Executive - Independent Director-Shareholder Director
Mrs. JAYANTI MATHURNon-Executive - Non Independent Director
Mr. Vinay Kumar PiyushChief Financial Officer
Mr. Ramesh Kumar SinghCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Banaras Beads Limited. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

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Events

Upcoming dates and the company’s corporate-action history.

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

67 announcementsExport CSV

19 Sept 2026, 12:10 pmInsider Trading / SAST

Closure of Trading Window

Closure of Trading Window PDF

14 Aug 2026, 12:12 pmCompany Update

Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 Hon'Ble National Company Law Tribunal Of Judicature At Allahabad Has Passed Its Order On 06.08.2026.

General PDF

31 Jul 2026, 5:10 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

AGM PDF

30 Jul 2026, 4:49 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Outcome of AGM

AGM PDF

24 Jul 2026, 2:33 pmCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

23 Jul 2026, 2:50 pmResult

Result Presentation For Quarter Ended 30.06.2026 ( Standalone Financial Performance)

Financial Results PDF

23 Jul 2026, 1:44 pmCompany Update

Statement Of Deviation And Variation As Per Clause 32 (1), (2) And (3) For The Quarter Ended 30Th June, 2026 Under The SEBI (Listing Obligation And Disclosure Requirements), 2015.

Reg. 32 (1), (3) - Statement of Deviation & Variation PDF

23 Jul 2026, 1:39 pmResult

Un- Audited Financial Results (Provisional) For Quarter Ended On 30Th June' 2026 In Compliance Of Regulation 33 Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015.

Financial Results PDF

Date	Category	Subject	Filing
19 Sept 2026, 12:10 pm	Insider Trading / SAST Closure of Trading Window	Closure of Trading Window	PDF
14 Aug 2026, 12:12 pm	Company Update General	Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 Hon'Ble National Company Law Tribunal Of Judicature At Allahabad Has Passed Its Order On 06.08.2026.

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Banaras Beads Limited

About

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Announcements

Not in the F&O segment

No fund holdings on record

Announcements

Annual reports

11

1

Compounded sales growth

Compounded profit growth

Return on equity

Banaras Beads Limited

About

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Cash flow

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Announcements

Ratio timeline

Not in the F&O segment

No fund holdings on record

Quarterly record

Bulk & block deals

Board and management

Announcements

Annual reports

Dividends11

Board meetings1

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

11

1