Bhandari Hosiery Exports Limited (BHANDARI)

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Bhandari Hosiery Exports Limited (BHANDARI) · mywealthgrid

About

Bhandari Hosiery Exports Limited operates in Other Textile Products within the Consumer Discretionary sector.

Face value: ₹1

Market cap

₹94 Cr

P/E

12.6×

P/B

0.5×

Dividend yield

0.4%

ROE

4.6%

ROCE

10.7%

Debt / equity

0.55

OPM

9.9%

EPS (TTM)

₹0.2

Book value

₹5.5

52-week high

—

52-week low

—

2,386 historical price candles were omitted because the exchange source has not been verified.

₹2.8-2.8%1Y

Quick read

rule-based

Pros

+Profit CAGR of 36% over the last 5 years

Cons

−Low return on equity of 5.9% (3-yr avg)
−Modest revenue growth of 4.4% a year over the last 5 years
−Weak interest coverage of 2×
−Low dividend payout of 4.5% of profit

Research score

Structured signal from quality, growth, valuation and momentum.

39/100

Business quality: 23
Growth: 5
Valuation

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
K.p.r. Mill LimitedKPRMILLKPRMILL	₹36,607 Cr	₹37,203 Cr	₹6,820 Cr	₹1,332 Cr	19.1%	₹912 Cr	13%	21.4%	16.2%	181
Welspun Living LimitedWELSPUNLIVWELSPUNLIV	₹22,941 Cr	₹24,744 Cr	₹9,934 Cr	₹884 Cr	8.4%	₹278 Cr	2.3%	6.6%	4.2%	108
Vardhman Textiles LimitedVTLVTL	₹15,322 Cr	₹17,177 Cr	₹10,186 Cr	₹1,387 Cr	12.6%	₹848 Cr	7.6%	8.6%	7.3%	259
Trident LimitedTRIDENTTRIDENT	₹11,293 Cr	₹13,061 Cr	₹6,781 Cr	₹877 Cr	13%	₹395 Cr	5.6%	10.6%	8%	103
Indo Count Industries LimitedICILICIL	₹8,789 Cr	₹9,862 Cr	₹4,390 Cr	₹424 Cr	9.5%	₹151 Cr	3.1%	10%	5.5%	215
Garware Technical Fibres LimitedGARFIBRESGARFIBRES	₹7,630 Cr	₹7,671 Cr	₹1,644 Cr	₹306 Cr	18.6%	₹190 Cr	13%	21.6%	15.3%	172
Kusumgar LimitedKUSUMGARKUSUMGAR	₹6,222 Cr	₹6,445 Cr	₹692 Cr	₹188 Cr	27.2%	₹98 Cr	14.2%	43.8%	35.2%	—
Filatex India LimitedFILATEXFILATEX	₹4,712 Cr	₹4,840 Cr	₹4,256 Cr	₹346 Cr	8.3%	₹191 Cr	4.4%	17.4%	12.9%	-4
Jindal Worldwide LimitedJINDWORLDJINDWORLD	₹4,594 Cr	₹5,152 Cr	₹2,300 Cr	₹124 Cr	5.9%	₹80 Cr	3.1%	13.5%	7.9%	112
Sanathan Textiles LimitedSANATHANSANATHAN	₹4,257 Cr	₹5,744 Cr	₹4,401 Cr	₹323 Cr	7.5%	₹61 Cr	2%	6.9%	4.2%	-25
Raymond Lifestyle LimitedRAYMONDLSLRAYMONDLSL	₹3,823 Cr	₹5,023 Cr	₹6,973 Cr	₹671 Cr	9.6%	₹43 Cr	0.7%	4%	0.5%	102
Alok Industries LimitedALOKINDSALOKINDS	₹3,505 Cr	₹29,610 Cr	₹3,775 Cr	₹66 Cr	0.8%	₹-711 Cr	-20%	-4%	—	93

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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
	199	214	248	266	277	226	283	283	267	279	280
COGS	-160	-178	-203	-44	218	176	216	212	199	199	198
Gross profit	—	—	—	—	59	50	67	71	67	80	83
	343	378	434	291	38	32	45	47	42	52	55
	15	13	17	20	21	18	22	23	25	28	28
OPM %	7.7%	6.2%	7%	7.4%	7.7%	8%	7.9%	8.3%	9.4%	10.1%	9.9%
Depreciation	3	3	4	4	5	5	5	5	5	7	7
Interest	7	5	7	9	10	11	10	10	11	11	11
	—	—	0	0	0	0	0	0	0	0	0
Profit before tax	5	5	6	6	6	2	7	8	9	10	10
Tax	1	1	—	1	1	0	1	1	2	2	3
Tax %	25.7%	20.4%	—	15.2%	15.2%	21.2%	8.5%	17.5%	25.2%	24.3%	25.6%
	4	4	5	5	5	2	6	7	7	8	8
PAT margin %	2.1%	2%	2%	2%	1.9%	0.7%	2.2%	2.3%	2.5%	2.8%	2.8%
EPS (₹)	4.1	0.3	0.3	0.4	0.4	0.1	0.4	0.4	0.4	0.3	0.2
EPS adjusted (₹)	—	—	—	—	0.4	0.1	0.4	0.4	0.4	0.3	0.2
	0.2%	0%	3%	2.8%	2.8%	9.1%	2.3%	2.3%	2.5%	6.3%	4.3%
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	—

₹ Cr	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	15	15	15	15	16	24	33
Reserves	—	61	67	72	83	129	150
Minority interest	—	—	—	—	0	—	—
	—	108	103	94	117	97	101
	—	24	33	36	34	25	33
Total equity & liabilities	—	207	218	217	251	276	318
	65	60	56	52	79	74	69
CWIP	—	2	0	1	0	0	0
Investments	—	0	0	0	0	0	0
	—	145	162	164	172	202	249
Total assets	—	207	218	217	251	276	318

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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 %	—	21.3%	22%	23.7%	25%	25.3%	28.7%	29.5%
EBITDA margin %	7.4%	7.7%	8%	7.9%	8.3%	9.4%	10.1%	9.9%
EBIT margin %	5.8%	5.9%	5.6%	6%	6.4%	7.3%	7.6%	7.4%
PAT margin %	2%	1.9%	0.7%	2.2%	2.3%	2.5%	2.8%	2.8%
Working capital
Receivable days	—	—	83	89	88	81	116	119
Inventory days	—	—	159	125	137	157	152	174
Payable days	—	—	18	20	22	33	19	32
NWC days	—	—	224	194	203	205	250	262
Leverage
Current ratio	—	—	1.63	1.68	1.64	1.65	2.16	2.29
Debt to EBITDA	—	—	6.02	4.6	4.03	4.66	3.45	3.66
Debt to equity	—	—	1.44	1.27	1.08	1.17	0.63	0.55
Interest coverage	1.7	1.6	1.2	1.7	1.8	1.8	1.9	2
Asset turnover	—	—	1.09	1.3	1.3	1.06	1.01	0.88
Return ratios
Return on assets %	—	—	0.8%	2.9%	3%	2.6%	2.8%	2.4%
Return on capital employed %	—	—	10.9%	14.3%	15.3%	15.1%	13%	10.7%
Return on equity %	—	—	2.2%	7.7%	7.5%	6.6%	5%	4.2%

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
	24.95%	27.63%	27.63%	27.63%	31.02%	31.02%	31.02%	31.02%	31.02%	31.02%	41.83%	41.83%
FII	0.01%	0%	0.01%	0%	0%	0.13%	0%	0%	0%	0%	0%	0%
DII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	75.04%	72.37%	72.36%	72.37%	68.98%	68.85%	68.98%	68.98%	68.98%	68.98%	58.17%	58.17%
No. of shareholders	—	—	—	—	—	—	—	—	1,00,769	99,007	98,348	97,576

Promoter holding up 16.88 percentage points since Sep 2023.

25 deals · 20 Dec 2021 – 24 Feb 2026

Date	Client	Type	Venue	Side	Quantity	Price	Value
24 Feb 2026	BHAVIKA MITESH SHAH	Bulk	NSE	Sell	13,12,660	₹3.57	₹0.47 Cr
2 Jun 2025	ANKITA VISHAL SHAH	Bulk	NSE	Buy	19,56,175	₹6.53	₹1.28 Cr
2 Jun 2025	ANKITA VISHAL SHAH	Bulk	NSE	Sell	10,56,175	₹6.59	₹0.70 Cr
25 Apr 2025	SHAILESHKUMAR POPATLAL LUKHI	Bulk	NSE	Sell	13,00,000	₹4.56	₹0.59 Cr
26 Aug 2024	PARTH INFIN BROKERS PVT LTD	Bulk	NSE	Sell	18,11,948	₹7.49	₹1.36 Cr
26 Aug 2024	PARTH INFIN BROKERS PVT LTD	Bulk	NSE	Buy	9,96,600	₹7.49	₹0.75 Cr
14 Aug 2024	CRONY VYAPAR PVT LTD	Bulk	NSE	Buy	13,68,372	₹7.09	₹0.97 Cr
14 Aug 2024	CRONY VYAPAR PVT LTD	Bulk	NSE	Sell	11,68,372	₹7.20	₹0.84 Cr
16 Jan 2024	PRITHVI FINMART PRIVATE LIMITED	Bulk	NSE	Sell	8,55,960	₹8.79	₹0.75 Cr
16 Jan 2024	PRITHVI FINMART PRIVATE LIMITED	Bulk	NSE	Buy	7,65,839	₹8.67	₹0.66 Cr

1–10 of 25

1 / 3

Mr. Nitin BhandariExecutive Director-Chairperson-MD
Deepak SharmaChief Financial Officer
Mr. Rajesh KumarNon-Executive - Non Independent Director
Mr. Vikas NayarNon-Executive - Non Independent Director
Mrs. Alka GambhirNon-Executive - Independent Director
Mrs. Komal KathuriaNon-Executive - Independent Director
Mr. Rohit Kumar ChhabraNon-Executive - Independent Director
Mrs. Sharon AroraNon-Executive - Independent Director
Ms. Shilpa TiwariCompany 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 Bhandari Hosiery Exports 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

17 announcementsExport CSV

16 Sept 2026, 12:54 pmCompany Update

Approval Of Final Dividend

General PDF

16 Sept 2026, 12:52 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

AGM PDF

15 Sept 2026, 1:48 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Outcome of AGM

AGM PDF

21 Aug 2026, 11:15 amCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

20 Aug 2026, 6:01 pmCorp. Action

Record Date For Final Dividend

Record Date PDF

20 Aug 2026, 5:56 pmCompany Update

Record Date

General PDF

20 Aug 2026, 1:35 pmCompany Update

Disclosure Under Regulation 36(1)(B) Of SEBI (LODR) Regulations, 2015

General PDF

20 Aug 2026, 12:07 pmCorp. Action

Corporate Action - Fixes Book Closure Date For The Purpose Of Payment Of Dividend And 33Rd Annual General Meeting

Book Closure PDF

Date	Category	Subject	Filing
16 Sept 2026, 12:54 pm	Company Update General	Approval Of Final Dividend	PDF
16 Sept 2026, 12:52 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Scrutinizer''s Report	PDF

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Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	21.3%	22%	23.7%	25%	25.3%	28.7%	29.5%
EBITDA margin %	7.4%	7.7%	8%	7.9%	8.3%	9.4%	10.1%	9.9%
EBIT margin %	5.8%	5.9%	5.6%	6%	6.4%	7.3%	7.6%	7.4%
PAT margin %	2%	1.9%	0.7%	2.2%	2.3%	2.5%	2.8%	2.8%
Working capital
Receivable days	—	—	83	89	88	81	116	119
Inventory days	—	—	159	125	137	157	152	174
Payable days	—	—	18	20	22	33	19	32
NWC days	—	—	224	194	203	205	250	262
Leverage
Current ratio	—	—	1.63	1.68	1.64	1.65	2.16	2.29
Debt to EBITDA	—	—	6.02	4.6	4.03	4.66	3.45	3.66
Debt to equity	—	—	1.44	1.27	1.08	1.17	0.63	0.55
Interest coverage	1.7	1.6	1.2	1.7	1.8	1.8	1.9	2
Asset turnover	—	—	1.09	1.3	1.3	1.06	1.01	0.88
Return ratios
Return on assets %	—	—	0.8%	2.9%	3%	2.6%	2.8%	2.4%
Return on capital employed %	—	—	10.9%	14.3%	15.3%	15.1%	13%	10.7%
Return on equity %	—	—	2.2%	7.7%	7.5%	6.6%	5%	4.2%

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	-0	3	12	16	-25	-7
	-2	1	-3	-29	45	-1
	3	-5	-9	12	-20	27
Net cash flow	1	-1	0	-1	-0	19
Free cash flow	-3	2	9	-15	-27	-9
CFO / Operating profit %	-1.1%	13.4%	51.8%	63.7%	-90.3%	-26.7%

Bhandari Hosiery Exports 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

1

Compounded sales growth

Compounded profit growth

Return on equity

Bhandari Hosiery Exports Limited

About

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

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

Not in the F&O segment

Ratio timeline

No fund holdings on record

Quarterly record

Bulk & block deals

Board and management

Announcements

Annual reports

Dividends11

Board meetings1

Stock splits1

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

11

1

1