BHANDARI share price, P/E, ROE & financials

As of 6 Nov 2026, Bhandari Hosiery Exports trades at 10.7× trailing earnings, below the industry P/E of 17.2×, and the shares are 40% below their 52-week high. Sales fell 0.3% a year over 3 years while net profit grew 6.1%, with ROCE of 9.8% and ROE of 4.6%. Debt is 0.58× equity, and its dividend yield is 0.4%. It is a small-cap company with a market cap of ₹93 Cr, ranked 32nd of 61 Apparel Manufacturing companies by market cap; the shares fell 37% 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: ₹2.89
Day high: ₹2.90
Day low: ₹2.72
Prev. close: ₹2.86
Volume: 1.6 L

Health check

1 good · 1 fair · 4 to check

ReturnsBehind
−36.7% over a year, better than 1 of 7 peers.
Price tagCheaper
P/E 10.7 vs industry 17.2.
GrowthSlow
Sales −0.3%, profit +6.1% a year over 3 years.
ProfitabilityWeak
ROCE 9.8% vs peer median 20.1%.
Balance sheetFair
Debt 0.58× equity, interest covered 2.0×, Piotroski 4 of 9.
Red flags5 to check
Return on equity is low at 4.6%.

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

Apparel Manufacturing

60 listed peers. Screen the industry

Small cap

₹93 Cr, #32 of 61 in its industry by size.

Defensive

Beta 0.71 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Jun 2026: sales ₹269 Cr · profit ₹7 Cr

Market cap: ₹93 Cr; Small cap
P/E: 10.7; Industry 17.2
Price to book: 0.48; Peers 5.48
Dividend yield: 0.36%
ROE: 4.6%; Peers 20.0%
ROCE: 9.8%; Peers 20.1%
Debt to equity: 0.58; Debt ₹106 Cr
EPS (TTM): ₹0.26; Face value ₹1
OPM (TTM): 10.1%; Net margin 2.8%
Sales growth: −19.2%; Latest quarter vs a year ago
Profit growth: −19.9%; Latest quarter vs a year ago
Price to sales: 0.34; EV/EBITDA 6.4

Strengths

P/E of 10.7 against an industry P/E of 17.2.
Promoter stake up from 31.0% to 41.8%.

Risks to check

Return on equity is low at 4.6%.
Quarterly profit down 19.9% on a year ago.
Quarterly sales down 19.2% on a year ago.
40% below its 52-week high.
Interest coverage of only 2.7×.

Derived automatically from reported figures. Not a recommendation.

About Bhandari Hosiery Exports

Bhandari Hosiery Exports Limited operates as a textile and garment manufacturing company in India. The company offers knitted fabrics kora and dyed; and knitted hosiery garments, such as t-shirts, pullovers, sweatshirts, bermudas, polo shirts, track suits, pajamas, lowers, ladies knitted tops with embroidery and prints, etc. It also manufactures, processes, and trades in dyed and non-dyed fabrics. In addition, the company provides natural and synthetic…

Headquarters: Ludhiana
Employees: 390
Sector: Consumer Cyclical
ISIN: INE474E01029
Website: bhandariexport.com

Price range

52 weeks

₹2.00₹4.67

Today

₹2.72₹2.90

Avg volume (3M): 1.4 L
1-year return: minus 36.7%
From 52-week high: minus 40.5%

Peers · Apparel Manufacturing

Compare with peers Screen the whole industry

Company
PAGEINDPage Industries	35,930.00	plus 1.15%	40,076	53.0	26.67	61.5%	52.5%	21.4%	3.8%	10.2%	2.23%	minus 11.5%
PGILPearl Global Industries	1,338.80	0.00%	12,368	39.9	8.46	20.1%	21.2%	9.0%	17.5%	23.0%	0.54%	plus 105.8%
MANYAVARVedant Fashions	472.80	minus 6.51%	11,488	29.8	5.48	22.3%	20.0%	44.0%	1.9%	−4.3%	1.64%	minus 21.6%
GOKEXGokaldas Exports	682.95	minus 7.32%	5,004	37.8	2.32	8.9%	4.7%	8.2%	20.9%	−16.7%	0.00%	minus 14.5%
ABFRLAditya Birla Fashion and Retail	39.02	minus 6.61%	4,748	–	0.91	−3.2%	−12.3%	8.9%	−13.0%	–	0.00%	minus 50.3%
LUXINDLux Industries	1,162.40	plus 0.41%	3,496	34.1	1.86	9.3%	5.9%	6.4%	7.2%	−9.9%	0.17%	minus 7.5%
SBCSBC Exports	68.70	plus 2.86%	3,271	80.8	32.48	36.4%	41.5%	8.7%	27.2%	54.1%	0.00%	plus 176.0%
BHANDARIBhandari Hosiery Exports	2.78	minus 2.80%	93	10.7	0.48	9.8%	4.6%	10.1%	−0.3%	6.1%	0.36%	minus 36.7%
Median of 7 peers	–	0.00%	5,004	38.9	5.48	20.1%	20.0%	8.9%	7.2%	2.9%	0.17%	−11.5%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Sep 25	Dec 25	Mar 26	Jun 26
62.9	68.3	59	90	50.8
56.5	61.4	51.7	83.1	44.9
6.4	7	7.3	7	6
10.2%	10.2%	12.4%	7.8%	11.7%
0.1	0	0	0.2	0
2.6	2.6	2.9	2.6	2.4
1.7	1.8	1.8	1.7	1.8
2.2	2.7	2.7	2.9	1.8
25.2%	22.7%	18.3%	35.2%	26.5%
1.6	2.1	2.2	1.9	1.3
0.07	0.08	0.08	0.06	0.04

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: −0.3%
Profit CAGR 3Y: +6.1%
EPS CAGR 3Y: −5.8%
ROE: 4.6%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
283	267	279	280
–	minus 5.8%	+4.4%	+0.6%
260	242	250	253
23.4	25.1	28.1	27.7
8.3%	9.4%	10.1%	9.9%
−0.7	−0.7	−0.5	−0.2
9.6	10.4	10.6	10.1
5.2	5.4	6.9	7
−0	0.2	–	0
7.9	8.7	10.2	10.4
17.5%	25.2%	24.3%	25.6%
6.5	6.5	7.7	7.8
–	+0.4%	+18.1%	+0.7%
0.38	0.37	0.31	0.32

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
14.7	16.3	24	33.3
72.5	83.2	129	150
104	117	97.8	102
25.8	33.7	24.7	32.4
217	251	276	318
53.1	78.9	73.9	68.7
1.1	–	–	–
1.4	1.3	1.7	2.1
1.5	0.6	0.4	19.1
160	170	200	228
217	251	276	318

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
12.2	10.2	−25.4	−7.4
−2.7	−23.5	−1.6	−1.3
−9.6	12.4	26.8	27.4
−0.1	−0.9	−0.2	18.7
−3.1	−31.2	−1.9	−1.7
9.2	−21.1	−27.3	−9.1
–	–	−0.5	−0.5

Shareholding pattern

Source: NSE filings

41.8%

promoters

Promoters41.83%
Public58.17%
As of 30 Sep 2026

Quarter	Promoters	Public	Promoter change
30 Sep 2026	41.83%	58.17%	0.00
30 Jun 2026	41.83%	58.17%	0.00
31 Mar 2026	41.83%	58.17%	0.00
23 Mar 2026	41.83%	58.17%	plus 10.81
31 Dec 2025	31.02%	68.98%	–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you