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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Banaras Beads Limited is an India-based company, which is engaged in manufacturing and exporting of handicraft items, such as glass beads, necklaces, imitation jewelry and others. The Company also deal in beads made from clay, brass, aluminum, copper, resin, ceramics, horn,…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A weak, stagnant business, priced for perfection — but flagged on governance.
Banaras Beads is scored on the general / industrial framework. It keeps a slim 6.5% of every rupee of sales as net profit. Cash conversion lags the reported profit (CFO/PAT -2.64×) — worth a closer look. Free cash flow is worth about -10.6% of its market value.
Over the last 3 years revenue compounded at -2%/yr and profit at -11%/yr. Book value has been broadly flat (2.9%/yr). Return on equity is a weak 4.8%. In the latest quarter profit grew 39% versus the prior quarter.
At 40× earnings, the stock sits at the 87th percentile of its own 3.6-year range — the expensive end of where it has historically traded. Today's price implies ~12%/yr earnings growth for a decade. The forensic screen raises 2 red flags: Only ₹-0.75 of cash per ₹1 profit over 4 years — earnings not converting to cash; 72% of pre-tax profit is other income, not operations.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 25.28 | 4.96 | worse |
| P/B | 1.21 | 3.75 | better |
| EV/EBITDA | 11.94 | 2.37 | worse |
| ROE | 4.8 | 8.5 | worse |
| ROCE | 7.41 | 28.44 | worse |
| ROA | 3.38 | 7.15 | worse |
| Quick Ratio | 0.88 | — | — |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Asahi India Glass | 48.0 | 6.3 | 13.1% |
| Borosil Renewables | 14.0 | 3.0 | 21.8% |
| Borosil | 48.0 | 4.1 | 8.5% |
Revenue is on a 2-year growth streak. Negative CAGR — the top line has shrunk over this window. Growth is decelerating — latest year grew slower than the year before.
Profit is on a 2-year growth streak. Revenue is outpacing profit (-2% vs -11%) — costs are rising faster than the top line. The latest year saw a -43% swing — check if it's a one-off or structural.
Operating margin has compressed from 12% to 8% — costs or competition are eating into profitability.
ROE at 3% — modest; the capital isn't working hard. Low variance across years — a predictable business that earns steadily on its equity base.
EPS dropped in the latest year despite possible profit changes — dilution or a profit dip could be at play. -11% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
3 of 4 years had negative operating cash flow — profitability on paper may not translate to cash.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue rose 71% sequentially — momentum is building. Wide quarterly swings (56% spread) — likely seasonality, lumpy orders, or project-based revenue. Run-rate stepping up — recent quarters average 68% above earlier ones.
Profit jumped 39% QoQ — check if this is operating leverage or a one-off item.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoter holding at 58.5% — majority control intact.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.