Bhandari Hosiery Exports Ltd
NSE: BHANDARI BSE: 512608Textile
Incorporated in 1994, Bhandari Hosiery Exports Ltd is in the business of textiles and garment manufacturing[1]
₹3.36
52W: ₹2 — ₹5.82
PE 17 · Book ₹3.62 · -7% vs bookMarket Cap₹145 Cr
Stock P/E17Price to Earnings
ROCE9.04%Return on Capital
ROE6.1%Return on Equity
Div. Yield0.59%Face Value ₹1
Strengths
- +Stock is trading at 0.92 times its book value
- +Promoter holding has increased by 10.8% over last quarter.
Weaknesses
- −Company has low interest coverage ratio.
- −The company has delivered a poor sales growth of 0.10% over past five years.
- −Company has a low return on equity of 6.85% over last 3 years.
- −Debtor days have increased from 95.5 to 116 days.
Shareholding Pattern
Promoters41.83%
FIIs0%
DIIs0%
Public58.17%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 27.63% | 31.02%▲3.4 | 31.02% | 31.01%▼0.0 | 31.01% | 31.01% | 31.01% | 41.83%▲10.8 |
| FIIs | 0% | 0% | 0.12%▲0.1 | 0%▼0.1 | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 72.38% | 68.97%▼3.4 | 68.86%▼0.1 | 68.98%▲0.1 | 68.98% | 68.99%▲0.0 | 68.99% | 58.17%▼10.8 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 63.52 | 60.27 | 88.83 | 58.06 | 68.26 | 63 | 89.23 | 62.91 | 68.33 | 59.05 |
| Expenses | 57.1 | 53.98 | 81.64 | 51 | 61.87 | 55.73 | 81.8 | 56.5 | 61.37 | 51.75 |
| Operating Profit | 6.42 | 6.29 | 7.19 | 7.06 | 6.39 | 7.27 | 7.43 | 6.41 | 6.96 | 7.3 |
| OPM % | 10.11% | 10.44% | 8.09% | 12.16% | 9.36% | 11.54% | 8.33% | 10.19% | 10.19% | 12.36% |
| Net Profit | 1.68 | 1.77 | 1.64 | 1.43 | 1.67 | 2.02 | 2.65 | 1.62 | 2.07 | 2.19 |
| EPS ₹ | 0.04 | 0.04 | 0.04 | 0.03 | 0.04 | 0.05 | 0.06 | 0.04 | 0.05 | 0.05 |
AI Insights
Revenue Trend
TTM revenue at ₹280Cr, up 0.7% YoY. OPM at 10%.
Debt Position
Borrowings at ₹102Cr. Debt-to-equity ratio: 0.76x. Moderate leverage.
Institutional Flow
DIIs: 0% (+0.00pp change). FIIs: 0% (+0.00pp change). Promoters hold 41.83%.
Margin & Efficiency
ROCE improving from 9% (Mar 2014) to 9% (Mar 2025). Working capital days: 140.
Valuation
PE 17x with 9.04% ROCE. Price is -7% above book value of ₹3.62. Dividend yield: 0.59%.
Recent Announcements
- Compliances-Reg.24(A)-Annual Secretarial Compliance 14s - Please find attached Annual Secretarial Compliance Report for the FY ended 31.03.2026.
- Announcement under Regulation 30 (LODR)-Monitoring Agency Report 7 May - Crisil report for Q4 FY26 rights issue: Rs 2,378.41 lakh proceeds, no deviation, Rs 1,699.80 lakh unutilized.
- Board Meeting Intimation for Consider And Approve The Monitoring Agency Report For The Funds Utilisation Raised Through Rights Issue. 28 Apr - Board meeting on 6 May 2026 to approve monitoring agency report for rights issue funds utilisation.
- Announcement Under Regulation 30 Of SEBI (LODR) Regulations, 2015 7 Apr - BSE price-movement clarification: no undisclosed price-sensitive information; movement attributed to market conditions.
- Clarification sought from Bhandari Hosiery Exports Ltd 7 Apr - Exchange has sought clarification from Bhandari Hosiery Exports Ltd on April 7, 2026, with reference to Movement in Price.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse