BANGConsumer Discretionary

Bang Overseas Limited

Garments & Apparels · ISIN INE863I01016 · BSE 532946 · NSE EQ · FV ₹10
Last price
₹33
+2.28%today
What this company does

Bang Overseas Limited operates in Garments & Apparels, part of the Consumer Discretionary sector. It booked ₹57 cr of revenue in its latest quarter (Q1 FY27) and kept 0.6% of sales as profit.

Bang Overseas Limited is one of the leading manufacturers and exporters of men's wear, established in 1992.
The Company is primarily engaged in single segment of manufacturing and marketing of textile and textile products and is managed as one business unit: By Geographical Segment : (Rs.
In the report:
47out of 100
Equitytale Health Score
Mixed

Healthier than 47% 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)
52

At close. Not part of the score.

Profitability & returns28

How much profit it earns on the money it employs

Balance sheet40

How much it owes, and whether earnings cover the interest

Cash quality16

Whether reported profit actually arrives as cash

Growth & consistency77

Whether sales and profit have grown, and how steadily

Valuation53

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
Some things to watchPriced in line with peers
Strengths
Makes a profit
Sales up 18% vs last year
Promoters hold 68%
No promoter shares pledged
Watch-outs
! Thin 0.6% net margin
! Profit down 80% vs last year
! Low 1.4% return on equity
! Operating cash flow is negative

What if I invest in BANG?

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 We do not publish price targets or predict returns.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
₹33 +2.28%
latest close · 2026-09-17
1-year return
+1.0%
52-wk low ₹2652-wk high ₹78
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 ratio33.2High
LowAverageHigh
P/B ratio0.48Below book
Below bookModerateHigh
EV / EBITDA11.3Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity1.4%Weak
WeakFairStrong ▸15%
Return on capital6.3%Weak
WeakFairStrong
Net margin0.6%Thin
ThinDecentStrong
EBITDA margin3.3%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.44Comfortable
LowModerateHigh ▸1
Interest cover2.0×Risky
RiskyOkayStrong ▸5×
Current ratio1.91Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹45 cr
Book value
₹69
EPS
₹0.25
latest quarter
Net debt
₹41 cr
owes more than its cash
Enterprise value
₹86 cr
EBITDA
₹8 cr
annualised
EBIT
₹7 cr
annualised
Operating margin
2.9%
Return on assets
0.7%
Earnings yield
3.01%
P/S
0.20
Sales / share
₹168.7
Tax rate
58.6%
Face value
₹10
Shares
1.4 cr
Working capital
₹78 cr
Current assets
₹163 cr
Current liabilities
₹85 cr
Delivery %
52.5%
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 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
It earns about 5% on its capital — below the ~14% return we'd require to fund it — so a low price is likely justified, not a bargain.
Models span ₹58₹60, midpoint ₹59

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₹57 cr
Other Income₹39.4 L
Total Income₹58 cr
Cost of Materials₹6 cr
Purchases of Stock-in-Trade₹38 cr
Inventory Change (±)₹4 cr
Employee Benefit Expense₹2 cr
Finance Costs₹82.6 L
Depreciation & Amortisation₹26.7 L
Other Expenses₹6 cr
Total Expenses₹57 cr
Exceptional Items₹-4.4 L
Profit before Tax₹81.8 L
Tax Expense₹47.9 L
Net Profit₹33.8 L
Net margin on total income0.6%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹47 cr81.8%
Employee benefit expense₹2 cr4.0%
Finance costs₹82.6 L1.4%
Depreciation & amortisation₹26.7 L0.5%
Other expenses₹6 cr10.8%
Tax expense₹47.9 L0.8%
Profit for the period₹33.8 L0.6%
Total income ₹58 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue59 cr58 cr57 cr
Total income60 cr59 cr58 cr
Expenses59 cr55 cr57 cr
Profit before tax45.2 L2 cr81.8 L
Tax21.2 L-41.1 L47.9 L
Net profit (owners' share)23.9 L3 cr33.8 L
Net margin (owners' share, on revenue)0.4%4.3%0.6%
EPS (₹)0.181.860.25
YoY (latest quarter): total income +17.6% · net profit -80.0%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹190 cr
Shareholder equity
₹93 cr
parent shareholders
Total debt
₹41 cr
Cash
₹34.1 L
Cash flow · H1 FY26
Operating
₹-3 cr
Investing
₹24.6 L
Financing
₹3 cr
Peer comparison
Garments & Apparels · by market value
CompanyPriceMarket capP/E
Page Industries Limited₹35,020₹39,061 cr50.6
Arvind Limited₹542₹14,198 cr66.4
Gokaldas Exports Limited₹728₹5,331 cr30.1
Pearl Global Industries Limited₹1,143₹5,279 cr13.1
Lux Industries Limited₹1,043₹3,263 cr35.4
Kewal Kiran Clothing Limited₹490₹3,036 cr20.4
S. P. Apparels Limited₹1,003₹2,522 cr25.4
Kitex Garments Limited₹121₹2,406 cr
SBC Exports Limited₹48₹2,298 cr60.3
Same industry · latest reported numbers · not a recommendation.
Who owns it · 2026-06-30
No pledge
Promoter
67.9%
Public
32.1%
Promoter stake down 5.1% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtHarshvardhan Bang · Immediate relative20.57 L6 Dec 24
SoldRaghvendra Bang · Promoter Group6.90 L · ₹6.1 cr5 Dec 24
BoughtRAMANUJ DAS BANG · Promoter Group3.49 L24 Jan 19
Bulk / block deals
BoughtRIMPY MITTAL · NSE1.46 L @ ₹35.1111 Sep 26
SoldRIMPY MITTAL · NSE1.08 L @ ₹35.1511 Sep 26
SoldORION STOCKS LTD · NSE90,447 @ ₹35.071 Sep 26
Stake changes
SoldHarshvardhan Bang along with pac · promoter→ 67.55% · 3,9596 Dec 24
SoldMr. Raghvendra Bang · promoter→ 0.00% · 6.87 L5 Dec 24
BoughtRamanuj Das Bang · promoter→ 8.28% · 3.49 L24 Jan 19
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.

Special shareholder meeting · 12 Mar 2026
See the official result
1
To approve the Material Related Party Transaction with Thomas Scott (India) Limited
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
91,831 votes for, 59 against
2
To approve the Material Related Party Transaction Between Vedanta Creations Limited (WOS) and Thomas Scott (India) Limited.
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
91,831 votes for, 59 against
3
To approve the increase in investment limits for non-resident Indian and overseas citizens of India.
Backed by 100% of shareholders other than promotersneeded 75%
91,888 votes for, 2 against

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 — 30 named members
owning 67.9% between them · as of 2026-06-30
HARSHVARDHAN BANG15.17%
BRIJGOPAL BANG11.22%
KRISHNA KUMAR BANG9.60%
RAMANUJ DAS BANG8.28%
VANDANA BRIJGOPAL BANG4.89%
RANGNATH SHIVNARAYAN BANG4.83%
NARAYAN DAS BANG4.77%
VARADRAJ RANGNATH BANG2.50%
Business done with them
FY2025 · 2 of the group
The company paid ₹43.9 L to companies in the promoter group last year — about 0.2% of its ₹189 cr revenue and received ₹0.19 L back from them.
Brijgopal Bang
Paid them for services · Ordinary course
also owns 11.22% of the company
₹43.9 L
company paid
Harshvardhan Bang
Sold goods to them · Ordinary Course of business
also owns 15.17% of the company
₹0.16 L
company received
Brijgopal Bang
Sold goods to them · Ordinary course
also owns 11.22% of the company
₹0.03 L
company received

The company also transacted with 4 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

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.