BCONCEPTSConsumer Discretionary

Brand Concepts Limited

Speciality Retail · ISIN INE977Y01011 · BSE 543442 · NSE EQ · FV ₹10
Last price
₹154
+2.36%today
What this company does

Brand Concepts Limited operates in Speciality Retail, part of the Consumer Discretionary sector. It booked ₹80 cr of revenue in its latest quarter (Q1 FY27) and kept -3.6% of sales as profit.

Overview of Journey Brand Concepts With nearly 18 years since its inception, Brand Concepts has established itself as a platform for licensed international fashion brands and lifestyle 2018 2021 accessories.
Their stated vision

to become a market leader in the as crossbody bags, shoulder bags, totes, hobos and classic Indian fashion bags and accessories market, the Company handbags.

In the report:
33out of 100
Equitytale Health Score
Strained

Healthier than 33% 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)
39

At close. Not part of the score.

Profitability & returns16

How much profit it earns on the money it employs

Balance sheet12

How much it owes, and whether earnings cover the interest

Cash quality20

Whether reported profit actually arrives as cash

Growth & consistency58

Whether sales and profit have grown, and how steadily

Valuation35

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 watch
Strengths
Sales up 11% vs last year
Promoters hold 52%
No promoter shares pledged
Watch-outs
! Currently loss-making
! Thin -3.6% net margin
! Low -13.7% return on equity
! Carries high debt (D/E 1.6)
! Operating cash flow is negative

What if I invest in BCONCEPTS?

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 We do not publish price targets or predict returns.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
₹154 +2.36%
latest close · 2026-09-17
1-year return
+395.9%
52-wk low ₹2752-wk high ₹198
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/B ratio2.33Moderate
Below bookModerateHigh
EV / EBITDA15.2High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity-13.7%Loss
WeakFairStrong ▸15%
Return on capital4.0%Weak
WeakFairStrong
Net margin-3.6%Loss
ThinDecentStrong
EBITDA margin6.8%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity1.64High
LowModerateHigh ▸1
Interest cover0.3×Risky
RiskyOkayStrong ▸5×
Current ratio1.14Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹193 cr
Book value
₹66
EPS
₹-2.27
latest quarter
Net debt
₹135 cr
owes more than its cash
Enterprise value
₹328 cr
EBITDA
₹22 cr
annualised
EBIT
₹6 cr
annualised
Operating margin
1.8%
Return on assets
-3.1%
Earnings yield
P/S
0.60
Sales / share
₹255.0
Tax rate
Face value
₹10
Shares
1.2 cr
Working capital
₹30 cr
Current assets
₹247 cr
Current liabilities
₹217 cr
Delivery %
69.2%
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
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹30₹79, midpoint ₹34

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₹80 cr
Other Income₹1 cr
Total Income₹81 cr
Cost of Materials₹12 cr
Purchases of Stock-in-Trade₹24 cr
Inventory Change (±)₹2 cr
Employee Benefit Expense₹12 cr
Finance Costs₹5 cr
Depreciation & Amortisation₹4 cr
Other Expenses₹25 cr
Total Expenses₹84 cr
Profit before Tax₹-3 cr
Tax Expense₹-25.6 L
Net Profit₹-3 cr
Net margin on total income-3.5%
Where the money goes · Q1 FY27
% of total spend
Materials + stock-in-trade₹38 cr45.5%
Employee benefit expense₹12 cr14.6%
Finance costs₹5 cr5.4%
Depreciation & amortisation₹4 cr4.7%
Other expenses₹25 cr29.8%
Total income ₹81 cr

The company made a net loss of ₹3 cr this quarter — income covered only 96 of every ₹100 it spent on costs and tax.

Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue88 cr90 cr80 cr
Total income89 cr91 cr81 cr
Expenses87 cr91 cr84 cr
Profit before tax64.1 L43 L-3 cr
Tax-0.09 L-45.5 L-25.6 L
Net profit (owners' share)64.2 L88.4 L-3 cr
Net margin (owners' share, on revenue)0.7%1.0%-3.6%
EPS (₹)0.510.71-2.27
YoY (latest quarter): total income +11.7% · net profit
Balance sheet & cash flow · as of Mar 2026
High debt
Total assets
₹362 cr
Shareholder equity
₹83 cr
parent shareholders
Total debt
₹135 cr
Cash
₹10.6 L
Cash flow · H1 FY26
Operating
₹-18 cr
Investing
₹-18 cr
Financing
₹36 cr
Peer comparison
Speciality Retail · by market value
CompanyPriceMarket capP/E
Trent Limited₹2,789₹1.49 L cr71.7
Lenskart Solutions Limited₹680₹1.18 L cr132.8
Arvind Fashions Limited₹425₹15,648 cr141.7
Vedant Fashions Limited₹568₹13,788 cr51.6
Aditya Birla Lifestyle Brands Limited₹82₹10,058 cr85.8
Aditya Vision Limited₹633₹8,175 cr26.5
V2 Retail Limited₹210₹7,672 cr45.7
Aditya Birla Fashion and Retail Limited₹50₹6,158 cr
Shankara Buildpro Limited₹1,245₹3,019 cr21.1
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
trailing 12 months
Dividend / share (TTM)
Last dividend
₹0.5
ex 19 Oct 2023
ActionDetailEx-date
Dividend₹0.5 / share19 Oct 2023
Dividend₹0.5 / share29 Mar 2023
Who owns it · 2026-06-30
No pledge
Promoter
52.1%
FII / Foreign
0.0%
DII / Domestic
0.2%
Retail / others
47.6%
Promoter stake up 3.3% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtGovind Shridhar Shrikhande · Director3,163 · ₹5.0 L27 Aug 26
BoughtGovind Shridhar Shrikhande · Director4,024 · ₹6.4 L25 Aug 26
BoughtGovind Shridhar Shrikhande · Director2,813 · ₹4.5 L21 Aug 26
Bulk / block deals
BoughtSURYAVANSHI COMMOTRADE PVT LTD · NSE1.80 L @ ₹21723 Mar 26
SoldKACHOLIA ASHISH · NSE1.80 L @ ₹21723 Mar 26
SoldTANAM INVESTMENT SERVICES PRI · NSE2.00 L @ ₹657.551 Dec 23
Stake changes
DisposalIFF OVERSEAS PVT LTD · promoter→ 0.00%16 Nov 22
DisposalIFF OVERSEAS PVT LTD · promoter→ 0.18%14 Nov 22
DisposalIFF OVERSEAS PVT LTD · promoter→ 0.49%27 Sep 22
Promoter pledges
PledgedAxis Bank Ltd6.00 L · 0.00% held25 Feb 20
ReleasedAcepro Finance Private Ltd6.00 L · 5.67% held27 Jan 20
PledgedAcepro Finance Private Limited2.80 L · 0.00% held28 Dec 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.

Special shareholder meeting · 16 Oct 2025
See the official result
1
ISSUANCE OF 6,10,000 WARRANTS CONVERTIBLE INTO EQUITY SHARES TO MEMBERS OF PROMOTER OR PROMOTER GROUP OF THE COMPANY ON PREFERENTIAL BASIS.
Promoters had a personal stake in this
Backed by 97% of shareholders other than promotersneeded 75%
9.89 L votes for, 29,813 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 — 4 named members
owning 44.5% between them · as of 2026-06-30
Prateek Maheshwari24.04%
Annapurna Maheshwari9.55%
PRADEEP MAHESHWARI6.77%
Sakshi Rathi Maheshwari4.14%
Business done with them
FY2025 · 4 of the group
The company paid ₹1 cr to companies in the promoter group last year — about 0.5% of its ₹292 cr revenue and received ₹38.8 L back from them.
Prateek Maheshwari
Other payments to them
also owns 24.04% of the company
₹85 L
company paid
Prateek Maheshwari
Contribution received from them
also owns 24.04% of the company
₹38.8 L
company received
Mrs. Sakshi Rathi Maheshwari
Paid them for services
also owns 4.14% of the company
₹31 L
company paid
Mrs. Annapurna Maheshwari
Other payments to them
also owns 9.55% of the company
₹30 L
company paid
Prateek Maheshwari
Paid them for services
also owns 24.04% of the company
₹2.2 L
company paid
Mr. Pradeep Maheshwari
Other payments to them
also owns 6.77% of the company
₹0.72 L
company paid

The company also transacted with 9 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.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹10 cr raised in Sep 2025 by selling shares to selected investors

As of Jun 2026, the company says it has spent 100% of what it set aside, leaving ₹0.41 L still to be spent.

Working Capital, Expansion of Manufacturing Facility, Investment in Brand Building & Acquiring New Brands
100%
₹10 cr of ₹10 cr
₹7 cr raised in Sep 2025 by share warrants convertible into equity shares

As of Mar 2026, the company says it has spent 87% of what it set aside, leaving ₹97.5 L still to be spent.

Working Capital, Expansion of Manufacturing Facility, Investment in Brand Building & Acquiring New Brands.
87%
₹7 cr of ₹7 cr

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

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