Dashboard/BANARBEADS

BANARBEADS

OVERVALUED

Banaras Beads Limited

Others · NSE

↓ 51.6% vs fair value

52W Low

₹97

+10.4% from low

52W High

₹165

-35.1% from high

News sentiment (0 articles)

0 bull0 neutral0 bear

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Analyst Note

2d ago

Banaras Beads trades at ₹106.9 against a fair value of ₹70.53, suggesting a 39% overvaluation with medium confidence. While revenue grew 34.7% year-on-year, concerning fundamentals include deteriorating ROCE at 8.3% and negative free cash flow of ₹2 Cr, alongside a stretched PE of 38.7x. The stock trades near 52-week lows with neutral sentiment across both periods. Better suited for value investors seeking turnarounds only if operational cash flow improves meaningfully.

Valuation Gauge

OVERVALUED-51.6% Margin of Safety

OVERVALUEDFAIRLY VALUEDUNDERVALUED

Current Price

₹107

Fair Value

₹71

Fair Value Analysis

₹71

Based on balance sheet strength analysis and earnings growth potential for Others sector companies | CAUTION: ROCE declining (latest 6.4%) — returns on capital are falling; verify this isn't a value trap.

Medium confidence

Balance Sheet Value

50% weight

₹94

Growth Valuation

50% weight

₹47

Price vs Market

BANARBEADS

Nifty 50

Shareholding Pattern

Stock Health Score

B+

Financially Healthy

7.1 / 10

Profitability

6/10

ROE of 5.5% is below the Others sector benchmark of 15%

Debt & Leverage

10/10

D/E ratio of 0.3x is well within the Others sector norm of 0.8x — strong balance sheet

Valuation vs Peers

10/10

P/E of 22.4x trades at a 44% discount to Others sector median (40x) — attractively valued

Cash Flow

6/10

FCF margin of 7.8% — healthy cash generation (₹2 Cr)

Earnings Growth

4/10

5yr EPS CAGR of 1.9% is well below Others sector average of 12.0%

Dividend

9/10

Dividend yield of 4.1% provides strong shareholder returns (benchmark: 1.5%)

Sentiment Trend — Last 30 Days

Historical Returns

Key Ratios & Growth

FCF Yield

-17.4%

Free cash flow / market cap

Revenue Growth (YoY)

+22.7%

Year-on-year revenue change

Profit Growth (YoY)

+42.6%

Year-on-year PAT change

Operating Cash Flow

₹5 Cr

TTM cash from operations

Key Financials

EPS (TTM)

₹4.7

P/E Ratio

22.4x

P/B Ratio

1.2x

ROE

5.5%

ROCE

8.3%

Debt / Equity

0.27x

Beta

0.18

Div Yield

FCF (Cr)

₹2 Cr

Revenue (Cr)

₹30 Cr

EPS Growth 5Y

1.9%

Mkt Cap (Cr)

₹70 Cr

52W High

₹164.7

52W Low

₹96.8

Book Value/Share

₹84.8

Financial History

Period	Revenue	Op Profit	OPM%	PAT	EPS
TTM	₹26 Cr	₹3 Cr	12.5%	₹2 Cr	₹2.84
2025-03-31	₹32 Cr	₹4 Cr	13.1%	₹3 Cr	₹4.66
2024-03-31	₹28 Cr	₹3 Cr	9.4%	₹3 Cr	₹4.14
2023-03-31	₹27 Cr	₹4 Cr	13.5%	₹3 Cr	₹3.83
2022-03-31	₹25 Cr	₹3 Cr	12.5%	₹3 Cr	₹4.40
2021-03-31	₹20 Cr	₹3 Cr	16.4%	₹2 Cr	₹3.60
2020-03-31	₹26 Cr	₹4 Cr	15.0%	₹2 Cr	₹3.53
2019-03-31	₹17 Cr	₹3 Cr	14.8%	₹1 Cr	₹1.75
2018-03-31	₹24 Cr	₹3 Cr	13.8%	₹1 Cr	₹2.08
2017-03-31	₹27 Cr	₹4 Cr	13.7%	₹2 Cr	₹2.52
2016-03-31	₹25 Cr	₹3 Cr	11.2%	₹4 Cr	₹6.51
2015-03-31	₹24 Cr	₹4 Cr	16.9%	₹2 Cr	₹2.43
2014-03-31	₹27 Cr	₹5 Cr	18.0%	₹3 Cr	₹3.89

Compounded Growth Rates

Sales Growth

3Y-1.0%

5Y+5.0%

10Y+0.6%

Profit Growth

3Y-9.4%

5Y-4.6%

10Y-7.9%

EPS Growth

3Y-9.5%

5Y-4.6%

10Y-8.0%

Peer Comparison

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