BHANDARIConsumer Discretionary

Bhandari Hosiery Exports Limited

Other Textile Products · ISIN INE474E01029 · BSE 512608 · NSE EQ · FV ₹1
Last price
₹3
0.00%today
What this company does

Bhandari Hosiery Exports Limited operates in Other Textile Products, part of the Consumer Discretionary sector. It booked ₹51 cr of revenue in its latest quarter (Q1 FY27) and kept 2.5% of sales as profit.

In the report:
49out of 100
Equitytale Health Score
Mixed

Healthier than 49% 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)
49

At close. Not part of the score.

Profitability & returns37

How much profit it earns on the money it employs

Balance sheet37

How much it owes, and whether earnings cover the interest

Cash quality26

Whether reported profit actually arrives as cash

Growth & consistency55

Whether sales and profit have grown, and how steadily

Valuation69

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
Promoters hold 42%
No promoter shares pledged
Turns profit into real cash
Watch-outs
! Thin 2.5% net margin
! Sales down 19% vs last year
! Profit down 20% vs last year
! Low 2.8% return on equity

What if I invest in BHANDARI?

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 We do not publish price targets or predict returns.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
₹3 0.00%
latest close · 2026-09-17
1-year return
+4.6%
52-wk low ₹352-wk high ₹15
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 ratio18.6Average
LowAverageHigh
P/B ratio0.54Below book
Below bookModerateHigh
EV / EBITDA7.6Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity2.8%Weak
WeakFairStrong ▸15%
Return on capital8.0%Weak
WeakFairStrong
Net margin2.5%Thin
ThinDecentStrong
EBITDA margin11.7%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.55Moderate
LowModerateHigh ▸1
Interest cover1.7×Risky
RiskyOkayStrong ▸5×
Current ratio2.29Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹99 cr
Book value
₹6
EPS
₹0.04
latest quarter
Net debt
₹82 cr
owes more than its cash
Enterprise value
₹181 cr
EBITDA
₹24 cr
annualised
EBIT
₹17 cr
annualised
Operating margin
8.2%
Return on assets
1.6%
Earnings yield
5.37%
P/S
0.49
Sales / share
₹6.1
Tax rate
26.5%
Face value
₹1
Shares
33.3 cr
Working capital
₹139 cr
Current assets
₹247 cr
Current liabilities
₹108 cr
Delivery %
83.3%
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 ₹1₹3, midpoint ₹2

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₹51 cr
Other Income₹0 cr
Total Income₹51 cr
Cost of Materials₹32 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹30.3 L
Employee Benefit Expense₹4 cr
Finance Costs₹2 cr
Depreciation & Amortisation₹2 cr
Other Expenses₹9 cr
Total Expenses₹49 cr
Profit before Tax₹2 cr
Tax Expense₹46.8 L
Net Profit₹1 cr
Net margin on total income2.5%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹33 cr64.0%
Employee benefit expense₹4 cr6.9%
Finance costs₹2 cr4.8%
Depreciation & amortisation₹2 cr3.5%
Other expenses₹9 cr17.4%
Tax expense₹46.8 L0.9%
Profit for the period₹1 cr2.5%
Total income ₹51 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue59 cr90 cr51 cr
Total income59 cr90 cr51 cr
Expenses56 cr87 cr49 cr
Profit before tax3 cr3 cr2 cr
Tax49.1 L1 cr46.8 L
Net profit (owners' share)2 cr2 cr1 cr
Net margin (owners' share, on revenue)3.7%2.1%2.5%
EPS (₹)0.090.060.04
YoY (latest quarter): total income -19.3% · net profit -19.9%
Balance sheet & cash flow · as of Mar 2026
Moderate debt
Total assets
₹318 cr
Shareholder equity
₹183 cr
parent shareholders
Total debt
₹101 cr
Cash
₹19 cr
Cash flow · H1 FY26
Operating
₹3 cr
Investing
₹-2 cr
Financing
₹-89.1 L
Peer comparison
Other Textile Products · by market value
CompanyPriceMarket capP/E
K.P.R. Mill Limited₹1,095₹37,441 cr36.2
Welspun Living Limited₹212₹20,051 cr31.4
Vardhman Textiles Limited₹561₹15,986 cr12.9
Trident Limited₹23₹11,762 cr18.6
Indo Count Industries Limited₹436₹8,625 cr34.1
Garware Technical Fibres Limited₹800₹7,809 cr30.5
Kusumgar Limited₹552₹5,790 cr33.0
Jindal Worldwide Limited₹49₹4,913 cr38.3
Filatex India Limited₹90₹4,012 cr20.7
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.34%
trailing 12 months
Dividend / share (TTM)
₹0.01
Last dividend
₹0.01
ex 8 Sep 2026
ActionDetailEx-date
Dividend₹0.01 / share8 Sep 2026
Rights issue5:425 Feb 2026
Dividend₹0.02 / share21 Aug 2025
Dividend₹0.01 / share23 Sep 2024
Rights issue32:1519 Jun 2024
Dividend₹0.01 / share22 Sep 2023
Who owns it · 2026-06-30
No pledge
Promoter
41.8%
Public
58.2%
Promoter stake up 14.2% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtNITIKA BHANDARI · Promoters7.39 L · ₹27.5 L27 Oct 17
BoughtNITIKA BHANDARI · Promoters1.45 L · ₹5.0 L6 Oct 17
Bulk / block deals
SoldBHAVIKA MITESH SHAH · NSE13.13 L @ ₹3.5724 Feb 26
BoughtANKITA VISHAL SHAH · NSE19.56 L @ ₹6.532 Jun 25
SoldANKITA VISHAL SHAH · NSE10.56 L @ ₹6.592 Jun 25
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 · 15 Sep 2026
See the official result
1
To receive, consider and adopt the Audited Financial Statements for the financial year ended 31st March, 2026 together with the Reports of the Auditors and Directors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
73.90 L votes for, 71 against
2
To consider declaration of dividend on Equity Shares for the financial year ended 31st March, 2026.
Backed by 100% of shareholders other than promotersneeded 50%
73.90 L votes for, 131 against
3
To appoint a Director in place of Mr. Vikas Nayar (DIN- 00071047), who retires by rotation at this meeting and being eligible, offers himself for re-appointment.
Backed by 100% of shareholders other than promotersneeded 50%
73.90 L votes for, 131 against
4
To re-appoint Mr. Nitin Bhandari, as the Chairman & Managing Director of the Company for 5 years w.e.f. 22.11.2026.
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 75%
73.90 L votes for, 131 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 — 6 named members
owning 41.9% between them · as of 2026-06-30
Tikani Exports Limited17.15%
Nitin Bhandari14.43%
Nitika Bhandari7.59%
Kusum Bhandari2.65%
Suresh K Bhandari0.02%
Naresh Bhandari0.01%

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.

₹24 cr raised in Mar 2026 by offering new shares to existing shareholders

As of Jun 2026, the company says it has spent 48% of what it set aside. CRISIL RATINGS LIMITED watches the spending on the exchange’s behalf.

Reduction in long term loans
0%
of what was set aside
Utilization towards longterm working capital requirement of the Company
68%
of what was set aside
General Corporate Purpose (GCP)
0%
of what was set aside
Rights issue expenses
80%
of what was set aside

The rupee amounts in this company’s own breakdown don’t add up to the amount it says it raised — a common filing slip, where a table meant to be read in lakhs is entered as whole rupees. Rather than guess which is right, we show only the percentages, which are unaffected.

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.