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    Banaras Beads Limited

    Varanasi (Uttar Pradesh) manufacturer and exporter of glass beads, handicraft items and imitation jewellery.

    Consumer Durables
    Consumer Discretionary

    Overview

    Price

    Market Cap

    ₹74 Cr

    Sector

    Consumer Durables

    Consumer Discretionary

    Rank

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital77777777
    Reserves4143454648495051
    Borrowings0460391621
    Other Liabilities22232222
    Total Liabilities5056605660677481
    AssetsFixed Assets1918998101717
    CWIP00000000
    Investments53333333
    Other Assets2635484448535461
    Total Assets5056605660677481

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating04-9-4-4-35-5
    Cash from Investing1-3310113-17-3
    Cash from Financing-1-14-0-81310
    SummaryCapital Expenditure
    Free Cash Flow02-104-6-42-13
    FCF Margin

    Valuation

    Assumptions

    Current — BANARBEADS
    Price
    ₹122
    EPS (TTM)
    ₹2.68
    PE (TTM)
    45.5
    Profit growth
    -19.5%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (25.8×) and current (45.5×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹122
    vs
    Fair value · 15% return
    ₹9
    93%Overvalued

    At -19.5% growth and a 26× exit, ₹122 only delivers your return if you pay ₹9. The price is currently baking in 30% growth.

    EPS grows -19.5%/yr for 5 years, then fades to 6% over 2, exits at 26×.

    YearGrowthEPS (₹)
    FY27-19.5%2.16
    FY28-19.5%1.74
    FY29-19.5%1.40
    FY30-19.5%1.13
    FY31-19.5%0.91
    FY32-6.8% ·fade0.84
    FY336.0% ·fade0.90

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

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