Price
Financials
Standalone, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 63.52 | 60.27 | 88.83 | 58.06 | 68.26 | 63.00 | 89.23 | 62.91 | 68.33 | 59.05 | 90.05 | 50.85 |
| Operating costs | 57.10 | 53.98 | 81.64 | 51.00 | 61.87 | 55.73 | 81.80 | 56.50 | 61.37 | 51.75 | 83.06 | 44.89 |
| EBITDA | 6.42 | 6.29 | 7.19 | 7.06 | 6.39 | 7.27 | 7.43 | 6.41 | 6.96 | 7.30 | 6.99 | 5.96 |
| EBITDA margin % | 10.11% | 10.44% | 8.09% | 12.16% | 9.36% | 11.54% | 8.33% | 10.19% | 10.19% | 12.36% | 7.76% | 11.72% |
| Depreciation & amortisation | 1.30 | 1.31 | 1.56 | 1.95 | 1.48 | 1.73 | 1.70 | 1.73 | 1.75 | 1.75 | 1.72 | 1.78 |
| Finance costs | 2.85 | 2.86 | 3.28 | 3.21 | 2.68 | 2.76 | 2.72 | 2.58 | 2.57 | 2.91 | 2.59 | 2.42 |
| Non-operating income | 0.00 | 0.03 | 0.29 | 0.00 | 0.09 | 0.03 | 0.15 | 0.06 | 0.04 | 0.05 | 0.23 | 0.00 |
| Pre-tax profit | 2.27 | 2.15 | 2.64 | 1.90 | 2.32 | 2.81 | 3.16 | 2.16 | 2.68 | 2.69 | 2.91 | 1.76 |
| Effective tax rate % | 25.55% | 17.67% | 38.26% | 25.26% | 28.02% | 27.76% | 16.14% | 25.00% | 22.76% | 18.22% | 35.05% | 26.70% |
| Profit after tax | 1.68 | 1.77 | 1.64 | 1.43 | 1.67 | 2.02 | 2.65 | 1.62 | 2.07 | 2.19 | 1.89 | 1.30 |
| Earnings per share (Rs) | 0.04 | 0.04 | 0.04 | 0.03 | 0.04 | 0.05 | 0.06 | 0.04 | 0.05 | 0.05 | 0.06 | 0.04 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 198 | 214 | 248 | 266 | 277 | 225 | 283 | 282 | 266 | 278 | 280 | 268 |
| Operating costs | 183 | 201 | 231 | 246 | 255 | 207 | 260 | 259 | 241 | 250 | 252 | 241 |
| EBITDA | 15 | 13 | 17 | 20 | 21 | 18 | 23 | 23 | 25 | 28 | 28 | 27 |
| EBITDA margin % | 8% | 6% | 7% | 7% | 8% | 8% | 8% | 8% | 9% | 10% | 10% | 10% |
| Depreciation & amortisation | 3 | 3 | 4 | 4 | 5 | 5 | 5 | 5 | 5 | 7 | 7 | 7 |
| Finance costs | 7 | 5 | 7 | 9 | 10 | 11 | 10 | 10 | 11 | 11 | 11 | 10 |
| Non-operating income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-tax profit | 5 | 5 | 6 | 6 | 6 | 2 | 7 | 8 | 9 | 10 | 10 | 10 |
| Effective tax rate % | 26% | 20% | 16% | 15% | 15% | 21% | 8% | 17% | 25% | 24% | 26% | |
| Profit after tax | 4 | 4 | 5 | 5 | 5 | 2 | 6 | 7 | 7 | 8 | 8 | 7 |
| Earnings per share (Rs) | 0.09 | 0.10 | 0.11 | 0.12 | 0.12 | 0.04 | 0.15 | 0.15 | 0.15 | 0.18 | 0.23 | 0.20 |
| Paid out as dividend % | 4% | 3% | 3% | 3% | 3% | 9% | 2% | 2% | 0% | 6% | 4% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Revenue CAGR | 4% | 4% | 0% | -5% | ||
| Profit CAGR | 7% | 35% | 6% | -6% | ||
| Share price CAGR | 4% | 3% | -15% | -30% | ||
| Average return on equity | 6% | 6% | 6% | 5% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net block (property, plant) | 44 | 41 | 46 | 56 | 53 | 65 | 60 | 56 | 52 | 79 | 74 | 69 |
| Capital work in progress | 0 | 0 | 1 | 0 | 1 | 0 | 2 | 0 | 1 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Current & other assets | 72 | 84 | 103 | 115 | 126 | 140 | 145 | 162 | 162 | 172 | 202 | 249 |
| Total assets | 116 | 125 | 149 | 172 | 180 | 205 | 207 | 218 | 216 | 251 | 276 | 318 |
| Share capital | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 16 | 24 | 33 |
| Reserves & surplus | 37 | 40 | 44 | 49 | 54 | 59 | 61 | 67 | 72 | 83 | 129 | 150 |
| Total debt | 47 | 55 | 73 | 82 | 87 | 105 | 108 | 103 | 104 | 122 | 102 | 106 |
| Other liabilities & provisions | 17 | 15 | 17 | 26 | 24 | 26 | 24 | 33 | 24 | 29 | 20 | 28 |
| Equity + liabilities | 116 | 125 | 149 | 172 | 180 | 205 | 207 | 218 | 216 | 251 | 276 | 318 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -3 | -7 | -6 | 2 | -3 | -2 | -0 | 4 | 12 | 10 | -25 | -7 |
| Investing cash flow | -15 | -0 | -9 | -14 | -2 | -17 | -2 | 1 | -3 | -23 | -2 | -1 |
| Free cash flow (after capex) | -18 | -8 | -14 | -12 | -5 | -19 | -2 | 5 | 10 | -21 | -27 | -9 |
| Financing cash flow | 17 | 8 | 14 | 13 | 5 | 18 | 3 | -5 | -10 | 12 | 27 | 27 |
| Net change in cash | -1 | 1 | -1 | 1 | -0 | -1 | 1 | 0 | -0 | -1 | -0 | 19 |
| Cash conversion (OCF / EBITDA) % | -34% | -41% | -39% | 13% | -13% | -7% | 1% | 21% | 59% | 47% | -81% | -17% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on capital employed % | 8% | 12% | 8% | 10% | 10% | 10% | 7% | 9% | 10% | 10% | 9% | 8% |
| Receivable days | 57 | 56 | 72 | 68 | 58 | 70 | 83 | 89 | 89 | 81 | 116 | 119 |
| Inventory days | 166 | 101 | 96 | 105 | 117 | 121 | 159 | 125 | 137 | 157 | 152 | 174 |
| Payable days | 47 | 21 | 21 | 25 | 19 | 18 | 18 | 20 | 22 | 33 | 19 | 32 |
| Cash cycle (days) | 176 | 136 | 146 | 147 | 156 | 173 | 224 | 194 | 204 | 205 | 250 | 262 |
| Working capital days | 78 | 59 | 51 | 53 | 61 | 60 | 87 | 81 | 79 | 90 | 140 | 156 |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter group % | 24.95% | 27.63% | 27.63% | 27.63% | 31.02% | 31.02% | 31.01% | 31.01% | 31.01% | 31.01% | 41.83% | 41.83% |
| Foreign investors % | 0.01% | 0.00% | 0.01% | 0.00% | 0.00% | 0.12% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Retail & others % | 75.04% | 72.37% | 72.36% | 72.38% | 68.97% | 68.86% | 68.98% | 68.98% | 68.99% | 68.99% | 58.17% | 58.17% |
| Shareholder count | 78,857 | 79,033 | 85,227 | 88,119 | 94,872 | 1,00,895 | 1,01,626 | 1,02,250 | 1,00,769 | 99,007 | 98,348 | 97,576 |
Fundamentals
Market value₹ 96.9 Cr.
Last price₹ 2.91
P/E (trailing)13.0
Book value / share₹ 5.51
Return on capital7.74 %
Return on equity4.62 %
Dividend yield0.34 %
Face value₹ 1.00
Revenue CAGR (TTM)-5%
Profit CAGR (TTM)-6%
Standalone figures.
Valuation
Market capRs 94 Cr
Enterprise valueRs 181 Cr
P/E (TTM)12.60x
Price to book0.51x
Price to sales0.35x
EV / EBITDA6.57x
EV / EBIT8.80x
EV / sales0.67x
Earnings yield7.93%
Dividend yield0.35%
P/E, 3-year average12.08x
P/B, 3-year average0.66x
P/E, 5-year average11.39x
P/B, 5-year average0.71x
Profitability
Operating margin (excl. other income)9.88%
Operating margin (incl. other income)10.02%
EBITDA margin10.26%
Pre-tax margin3.74%
Net profit margin2.78%
Net margin, latest quarter2.56%
ROE4.62%
ROCE7.74%
ROA2.62%
ROE, 3-year average5.90%
ROCE, 3-year average8.81%
ROA, 3-year average2.78%
ROE, 5-year average6.68%
ROCE, 5-year average9.08%
ROA, 5-year average2.86%
ROIC (approx.)5.65%
Tax rate25.57%
Other income / net worth0.21%
Growth
Sales growth (latest year)0.64%
Profit growth (latest year)0.78%
Sales CAGR, 3 years-0.28%
Sales CAGR, 5 years4.43%
Profit CAGR, 3 years6.08%
Profit CAGR, 5 years36.00%
Sales growth QoQ-43.53%
Profit growth QoQ-31.22%
Sales growth YoY (latest quarter)-19.17%
Profit growth YoY (latest quarter)-19.75%
Per share
EPS (TTM)Rs 0.22
EPS (latest year)Rs 0.23
EPS (latest quarter)Rs 0.04
EPS, 3-year averageRs 0.32
EPS, 5-year averageRs 0.37
Book value per shareRs 5.51
Sales per shareRs 8.06
Cash flow per shareRs -0.22
Dividend per share (latest year)Rs 0.01
Dividend per share, 3-year averageRs 0.01
Dividend per share, 5-year averageRs 0.01
Dividends
Dividend payout4.25%
Dividend payout, 3-year average5.24%
Dividend payout, 5-year average3.79%
Efficiency
Asset turnover0.88x
Fixed asset turnover4.08x
Inventory turnover2.47x
Inventory days148 days
Debtor days119 days
Debtors turnover3.06x
Leverage
Total debtRs 106 Cr
Cash and bankRs 19 Cr
Net debtRs 87 Cr
Debt to equity0.58x
Net debt / EBITDA3.16x
Interest coverage1.96x
Owners' fund to total sources57.71%
Debt to assets33.37%
Cash flow
Operating cash flow (latest year)Rs -7 Cr
Investing cash flow (latest year)Rs -1 Cr
Financing cash flow (latest year)Rs 27 Cr
Net change in cash (latest year)Rs 19 Cr
Statement figures
Net sales (TTM)Rs 268 Cr
Net sales (latest year)Rs 280 Cr
Sales (latest quarter)Rs 51 Cr
Operating profit excl. other income (latest year)Rs 28 Cr
Operating profit (latest quarter)Rs 6 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 28 Cr
PBDT (TTM)Rs 17 Cr
Profit before tax (TTM)Rs 10 Cr
Tax (latest year)Rs 3 Cr
Net profit (TTM)Rs 7 Cr
Net profit (latest year)Rs 8 Cr
Net profit (latest quarter)Rs 1 Cr
Depreciation (TTM)Rs 7 Cr
Depreciation (latest quarter)Rs 2 Cr
Interest (TTM)Rs 10 Cr
Cost of goods sold (latest year)Rs 234 Cr
Total expenditure (latest year)Rs 252 Cr
Total income (latest year)Rs 280 Cr
Share capitalRs 33 Cr
ReservesRs 150 Cr
Shareholders' fundsRs 183 Cr
Total assetsRs 318 Cr
Net blockRs 69 Cr
ReceivablesRs 91 Cr
InventoryRs 94 Cr
Other liabilitiesRs 28 Cr
Shares outstanding (crore)33.30
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 12.6 is at the 21th percentile of its own 9.4-year range
(median 21.8, low 4.7, high 212.3).
P/B 0.51 is at the 5th percentile (median 1.38).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | BHANDARI | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -3.8% | -2.8% | -1.0 pts |
| 1 month | -4.7% | -6.8% | +2.1 pts |
| 3 months | -6.9% | -7.6% | +0.7 pts |
| 6 months | +38.9% | +0.4% | +38.5 pts |
| 1 year | -41.4% | -9.9% | -31.5 pts |
| 2 years | -60.0% | -13.6% | -46.4 pts |
| 3 years | -52.6% | +14.2% | -66.8 pts |
| 5 years | -13.2% | +27.9% | -41.1 pts |
Red flags
F-score 3 of 8| explain | Weak cash conversion Cash from operations was -103% of net profit over the last 3 years |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹51 Cr -19.2% vs Jun 2025.
Net profit ₹1 Cr -19.8%.
Against our estimate for Jun 2026: sales -16.9%, profit -24.2% miss. Our estimate for Sep 2026: sales Rs 62 Cr, profit Rs 2 Cr (how).
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| K P R Mill Ltd | 36,967 | 40.5 | 19.6 % |
| Welspun Living Ltd | 21,277 | 76.5 | 6.26 % |
| Vardhman Textiles Ltd | 15,335 | 18.1 | 8.55 % |
| Trident Ltd | 11,461 | 29.0 | 9.79 % |
| Indo Count Industries Ltd | 8,614 | 57.1 | 8.19 % |
| Garware Technical Fibres Ltd | 7,361 | 33.4 | 22.0 % |
| Kusumgar Ltd | 6,378 | 50.7 | 18.8 % |
| Filatex India Ltd | 4,973 | 25.9 | 19.1 % |
| Jindal Worldwide Ltd | 4,719 | 55.7 | 8.63 % |
| Sanathan Textiles Ltd | 4,352 | 71.6 | 6.89 % |
| Raymond Lifestyle Ltd | 4,026 | 27.0 | 3.52 % |
| Alok Industries Ltd | 3,501 | -3.95 % | |
| Nitin Spinners Ltd | 3,403 | 16.1 | 12.2 % |
| Sangam (India) Ltd | 3,248 | 25.8 | 10.7 % |
| Ganesha Ecosphere Ltd | 2,703 | 47.8 | 5.58 % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2026-09-08 | Dividend - Re 0.01 Per Share | |
| 2026-02-25 | Rights 4:5 @ Premium Rs 1.56/- | |
| 2025-08-21 | Dividend - Re 0.02 Per Share | |
| 2024-09-23 | Annual General Meeting/Dividend - Re 0.01 Per Share | |
| 2024-06-19 | Rights 15:32 @ Premium Rs 5.26/- | |
| 2023-09-22 | Rights 3:26 @ Premium Rs 3.50/- | |
| 2023-09-22 | Annual General Meeting/Dividend - Re 0.01 Per Share | |
| 2022-09-23 | Annual General Meeting/Dividend - Re 0.01 Per Share | |
| 2021-09-22 | Annual General Meeting/Dividend - Rs 0.01 Per Share | |
| 2020-09-18 | Annual General Meeting/Dividend - Rs 0.01 Per Share | |
| 2019-09-19 | Annual General Meeting/Dividend - Rs 0.01 Per Share | |
| 2018-09-19 | Annual General Meeting/Dividend Re 0.01 Per Share | |
| 2017-09-18 | Annual General Meeting/Dividend - Re 0.01 Per Share |
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
| Order date | Forum | Case |
|---|---|---|
| 2019-03-01 | NCLAT | Bhandari Hosiery Exports Ltd. & Ors. VS In-Time Garments Pvt. Ltd. & Ors. |
| 2019-02-14 | NCLAT | Bhandari Hosiery Exports Ltd. & Ors. VS In-Time Garments Pvt. Ltd. & Ors. |
| 2019-02-13 | NCLAT | Bhandari Hosiery Exports Ltd. & Ors. VS In-Time Garments Pvt. Ltd. & Ors. |
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Bhandari Hosiery Exports Ltd?
Bhandari Hosiery Exports Ltd (BHANDARI) has a market capitalisation of Rs 96.9 Cr. at the 2026-10-01 close.
What is the P/E ratio of Bhandari Hosiery Exports Ltd?
Bhandari Hosiery Exports Ltd trades at a P/E of 13.0 on trailing twelve-month profit, at the 2026-10-01 close.
What were Bhandari Hosiery Exports Ltd's latest quarterly results?
In the Jun 2026 quarter, Bhandari Hosiery Exports Ltd sales was Rs 51 Cr (-19.2% vs Jun 2025) and net profit was Rs 1 Cr.
What is the 52-week high and low of Bhandari Hosiery Exports Ltd?
The 52-week high is Rs 4.50 and the 52-week low is Rs 2.00.