Banaras Beads share price, P/E, ROE & financials

Banaras Beads (BANARBEADS) had a P/E of 37.7× on 6 Nov 2026, above the industry P/E of 35.5×, and the shares are 25% below their 52-week high. Sales and net profit fell 2.2% and 11% a year over 3 years, with ROCE of 4.6% and ROE of 4.9%. Debt is 0.36× equity. It is a small-cap company with a market cap of ₹70 Cr, ranked 19th of 27 Footwear & Accessories companies by market cap; the shares fell 21% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year

Open: ₹109.30
Day high: ₹110.00
Day low: ₹102.01
Prev. close: ₹106.60
Volume: 1.4K

Health check

1 good · 2 fair · 3 to check

ReturnsAhead
−21.3% over a year, better than 6 of 7 peers.
Price tagIn line
P/E 37.7 vs industry 35.5.
GrowthShrinking
Sales −2.2%, profit −11.3% a year over 3 years.
ProfitabilityWeak
ROCE 4.6% vs peer median 15.5%.
Balance sheetFair
Debt 0.36× equity, interest covered 4.7×, Piotroski 4 of 9.
Red flags1 to check
Return on equity is low at 4.9%.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Footwear & Accessories

26 listed peers. Screen the industry

Small cap

₹70 Cr, #19 of 27 in its industry by size.

Defensive

Beta 0.44 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Jun 2026: sales ₹39 Cr · profit ₹3 Cr

Market cap: ₹70 Cr; Small cap
P/E: 37.7; Industry 35.5
Price to book: 1.19; Peers 6.00
Dividend yield: 0.00%
ROE: 4.9%; Peers 10.9%
ROCE: 4.6%; Peers 15.5%
Debt to equity: 0.36; Debt ₹21 Cr
EPS (TTM): ₹2.83; Face value ₹10
OPM (TTM): 15.7%; Net margin 7.3%
Sales growth: +45.9%; Latest quarter vs a year ago
Profit growth: +18.0%; Latest quarter vs a year ago
Price to sales: 1.81; EV/EBITDA 12.6

Strengths

Quarterly sales up 45.9% on a year ago.

Risks to check

Return on equity is low at 4.9%.

Derived automatically from reported figures. Not a recommendation.

About Banaras Beads

Banaras Beads Limited engages in the manufacture and sale of glass beads, necklaces, imitation jewelry, and accessories under the De-Lemon brand in India, the United States, South Africa, the United Kingdom, Ireland, Germany, Europe, the Middle East, and Africa. It offers beads made from clay, brass, aluminum, copper, resin, ceramics, horn, bone, semiprecious stones, agate, lac, hand painted beads, and spray-painted beads. The company also trades in…

Headquarters: Varanasi
Employees: 250
Sector: Consumer Cyclical
ISIN: INE655B01011
Website: banarasbead.com

Price range

52 weeks

₹96.05₹141.77

Today

₹102.01₹110.00

Avg volume (3M): 3.8K
1-year return: minus 21.3%
From 52-week high: minus 24.7%

Peers · Footwear & Accessories

Compare with peers Screen the whole industry

Company
BATAINDIABata India	638.05	plus 0.06%	8,201	54.5	6.61	11.2%	10.9%	19.7%	0.6%	−25.4%	5.33%	minus 40.2%
RELAXORelaxo Footwears	292.10	plus 0.21%	7,271	39.2	3.29	–	8.4%	9.6%	−0.9%	5.1%	1.20%	minus 32.7%
SAFARISafari Industries (India)	1,254.40	plus 0.39%	6,146	39.7	5.14	18.6%	16.2%	9.6%	19.1%	10.3%	0.32%	minus 40.6%
CAMPUSCampus Activewear	197.99	minus 1.03%	6,052	39.3	6.67	20.7%	18.1%	45.0%	6.1%	8.6%	0.75%	minus 27.5%
REDTAPERedtape	106.57	minus 0.91%	5,891	23.2	6.00	29.5%	26.6%	15.1%	18.3%	19.2%	1.86%	minus 21.5%
VIPINDVIP Industries	239.55	minus 4.31%	3,403	–	16.30	−50.6%	−74.6%	−14.7%	−3.8%	–	0.00%	minus 38.4%
BILBhartiya International	1,071.00	minus 2.74%	1,436	55.8	2.91	12.4%	2.9%	8.9%	18.9%	−40.1%	0.00%	plus 29.5%
BANARBEADSBanaras Beads	106.73	plus 0.12%	70	37.7	1.19	4.6%	4.9%	15.7%	−2.2%	−11.3%	0.00%	minus 21.3%
Median of 7 peers	–	−0.91%	6,052	39.5	6.00	15.5%	10.9%	9.6%	6.1%	6.9%	0.75%	−32.7%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Sep 25	Dec 25	Mar 26	Jun 26
6.2	5	7.7	6.5	9.1
5.3	4.7	6.6	4.8	7.7
0.9	0.3	1.1	1.7	1.4
14.8%	6.1%	14.0%	26.2%	15.1%
0.4	0.3	0.4	0.5	0.3
0.1	0.2	0.3	1.2	0.3
0.4	0.4	0.4	0.4	0.4
0.8	0	0.8	0.6	1
23.8%	21.6%	25.7%	13.8%	25.8%
0.6	0	0.6	0.5	0.7
0.92	0.05	0.87	0.83	1.08

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: −2.2%
Profit CAGR 3Y: −11.3%
EPS CAGR 3Y: −11.1%
ROE: 4.9%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
26	27.3	29.9	24.3
–	+5.0%	+9.8%	minus 18.8%
22.5	24.8	26.3	20.9
3.4	2.4	3.7	3.4
13.2%	8.9%	12.2%	13.9%
1.4	2.5	2.4	1.1
0.2	0.1	0.6	0.6
1.2	1.1	1.4	1.6
0	0	0	–
3.4	3.7	4.1	2.3
25.5%	25.4%	23.8%	21.6%
2.5	2.8	3.1	1.8
–	+8.2%	+12.3%	minus 42.5%
3.83	4.15	4.65	2.69

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
6.6	6.6	6.6	6.6
46.2	47.6	49.2	51
0.3	3.3	8.6	20.5
2.8	2.3	2.2	2.4
55.9	59.8	66.6	80.5
9	9.1	22.4	30.3
0.3	0.7	12.2	13.7
12.5	0.5	5	0
0.9	11.9	2.9	5.4
33.2	37.6	24.2	31.2
55.9	59.8	66.6	80.5

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
−4.4	−3.5	5	−4.7
0.9	12.9	−17.1	−3
−7.6	1.4	3.1	10.2
−11.1	10.9	−9	2.5
−1.2	−1	−2.7	−8
−5.7	−4.5	2.3	−12.7
−1.3	−1.3	−1.5	–

Shareholding pattern

Source: NSE filings

58.5%

promoters

Promoters58.48%
Public41.52%
As of 30 Sep 2026

Quarter	Promoters	Public	Promoter change
30 Sep 2026	58.48%	41.52%	0.00
30 Jun 2026	58.48%	41.52%	0.00
31 Mar 2026	58.48%	41.52%	plus 0.34
31 Dec 2025	58.14%	41.86%	0.00
30 Sep 2025	58.14%	41.86%	–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you