BANARBEADSConsumer Discretionary

Banaras Beads Limited

Gems, Jewellery And Watches · ISIN INE655B01011 · BSE 526849 · NSE EQ · FV ₹10
Last price
₹111
+0.81%today
What this company does

Banaras Beads Limited operates in Gems, Jewellery And Watches, part of the Consumer Discretionary sector. It booked ₹9 cr of revenue in its latest quarter (Q1 FY27) and kept 7.9% of sales as profit.

In the report:
48out of 100
Equitytale Health Score
Mixed

Healthier than 48% of companies in Consumer Discretionary, on all six measures of filed financials. Each measure is ranked against the 187–421 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
46

At close. Not part of the score.

Profitability & returns48

How much profit it earns on the money it employs

Balance sheet53

How much it owes, and whether earnings cover the interest

Cash quality13

Whether reported profit actually arrives as cash

Growth & consistency42

Whether sales and profit have grown, and how steadily

Valuation50

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 46% vs last year
Profit up 18% vs last year
Promoters hold 58%
No promoter shares pledged
Watch-outs
! Thin 7.9% net margin
! Low 5.0% return on equity
! Operating cash flow is negative

What if I invest in BANARBEADS?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹111 +0.81%
latest close · 2026-09-17
1-year return
+66.4%
52-wk low ₹6052-wk high ₹129
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio25.6Average
LowAverageHigh
P/B ratio1.27Moderate
Below bookModerateHigh
EV / EBITDA14.0Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity5.0%Weak
WeakFairStrong ▸15%
Return on capital8.3%Fair
WeakFairStrong
Net margin7.9%Decent
ThinDecentStrong
EBITDA margin18.4%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.36Comfortable
LowModerateHigh ▸1
Interest cover3.8×Okay
RiskyOkayStrong ▸5×
Current ratio2.67Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹73 cr
Book value
₹87
EPS
₹1.08
latest quarter
Net debt
₹20 cr
owes more than its cash
Enterprise value
₹93 cr
EBITDA
₹7 cr
annualised
EBIT
₹5 cr
annualised
Operating margin
14.5%
Return on assets
3.6%
Earnings yield
3.91%
P/S
2.01
Sales / share
₹54.9
Tax rate
25.8%
Face value
₹10
Shares
0.7 cr
Working capital
₹29 cr
Current assets
₹47 cr
Current liabilities
₹18 cr
Delivery %
72.5%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2026 report & filings
not investment advice
Hard to value confidentlyLow confidence
The models disagree too widely to call this cheap or dear — likely a hard-to-compare or transitioning business.
Models span ₹27₹86, midpoint ₹65

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹9 cr
Other Income₹30.3 L
Total Income₹9 cr
Cost of Materials₹7 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹-4 cr
Employee Benefit Expense₹2 cr
Finance Costs₹34.4 L
Depreciation & Amortisation₹35.4 L
Other Expenses₹3 cr
Total Expenses₹8 cr
Profit before Tax₹97 L
Tax Expense₹25 L
Net Profit₹72 L
Net margin on total income7.7%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹3 cr29.9%
Employee benefit expense₹2 cr16.1%
Finance costs₹34.4 L3.7%
Depreciation & amortisation₹35.4 L3.8%
Other expenses₹3 cr36.2%
Tax expense₹25 L2.7%
Profit for the period₹72 L7.7%
Total income ₹9 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue8 cr7 cr9 cr
Total income8 cr7 cr9 cr
Expenses7 cr6 cr8 cr
Profit before tax77.9 L63.7 L97 L
Tax20 L8.8 L25 L
Net profit (owners' share)57.9 L54.9 L72 L
Net margin (owners' share, on revenue)7.5%8.4%7.9%
EPS (₹)0.870.831.08
YoY (latest quarter): total income +41.8% · net profit +18.0%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹81 cr
Shareholder equity
₹58 cr
parent shareholders
Total debt
₹21 cr
Cash
₹38.6 L
Cash flow · H1 FY26
Operating
₹-1 cr
Investing
₹-7 cr
Financing
₹7 cr
Peer comparison
Gems, Jewellery And Watches · by market value
CompanyPriceMarket capP/E
Titan Company Limited₹4,841₹4.30 L cr60.4
Kalyan Jewellers India Limited₹581₹60,049 cr43.0
Thangamayil Jewellery Limited₹4,811₹14,953 cr43.9
Lalithaa Jewellery Mart Limited₹290₹14,519 cr17.5
BlueStone Jewellery and Lifestyle Limited₹831₹12,667 cr451.7
SKY GOLD AND DIAMONDS LIMITED₹793₹12,286 cr29.7
PC Jeweller Limited₹12₹11,992 cr13.4
P N Gadgil Jewellers Limited₹601₹8,158 cr19.4
Ethos Limited₹2,651₹7,093 cr63.1
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
trailing 12 months
Dividend / share (TTM)
Last dividend
₹2.25
ex 7 Feb 2025
ActionDetailEx-date
Dividend₹2.25 / share7 Feb 2025
Dividend₹2 / share12 Feb 2024
Dividend₹2 / share30 Jan 2023
Dividend₹2 / share11 Nov 2021
Dividend₹1 / share20 Sep 2017
Dividend₹2.5 / share16 Mar 2016
Who owns it · 2026-06-30
No pledge
Promoter
58.5%
FII / Foreign
0.0%
DII / Domestic
0.0%
Retail / others
41.5%
Promoter stake up 0.3% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtASHOKKUMARGUPTA · Promoters9,369 · ₹7.3 L17 Mar 23
BoughtASHOK KUMAR GUPTA · Promoters13,414 · ₹10.7 L27 Feb 23
BoughtASHOK KUMAR GUPTA · Promoters13,414 · ₹10.7 L27 Feb 23
Bulk / block deals
SoldARUNA AGGARWAL · NSE38,283 @ ₹135.1224 Sep 25
BoughtARUNA AGGARWAL · NSE38,283 @ ₹134.8224 Sep 25
BoughtNK SECURITIES RESEARCH PRIVATE LIMITED · NSE62,534 @ ₹160.963 Dec 24
Stake changes
BoughtShivani Gupta · promoter→ 7.74% · 1.64 L12 Feb 21
BoughtShivani Gupta · promoter→ 5.28% · 3.50 L28 Mar 18
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 7 Aug 2025
See the official result
1
Receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended on March 31, 2025 and the Reports of the Board of Directors and Auditors thereon
Backed by 100% of shareholders other than promotersneeded 50%
10.41 L votes for, 1,036 against · 1% of mutual funds and other big investors said no
2
Re-appointment of Shri Siddharth Gupta (DIN: 00342369) as a director liable to retire by offers himself for re-appointment as director
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
10.41 L votes for, 1,036 against · 1% of mutual funds and other big investors said no
3
Confirm the payment of Interim Dividends @ Rs. 2.25/- per Equity Share declared by board on 30th January, 2025 for the financial year 2024-25
Backed by 100% of shareholders other than promotersneeded 50%
10.41 L votes for, 1,036 against · 1% of mutual funds and other big investors said no
4
Appointment of Mrs. Jayanti Mathur (DIN 11111303) as Non-Executive Director (Women).
Backed by 100% of shareholders other than promotersneeded 75%
10.37 L votes for, 1,036 against · 2% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 7 named members
owning 58.5% between them · as of 2026-06-30
ASHOK KUMAR GUPTA13.43%
REKHA GUPTA11.21%
SIDDHARTH GUPTA10.63%
ASHOK KUMAR GUPTA HUF8.26%
SHIVANI GUPTA7.79%
PRASHANT GUPTA7.16%
DEEPALI GUPTAno shares

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.