Bhandari Hosiery Exports Ltd

Bhandari Hosiery Exports Ltd

2.65
INR
-0.02
(-0.75%)
0.25EPS
11.71P/E
982.22MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
5.81
6.51
10.35
11.14
12.95
13.88
14.47
11.77
14.77
16.83
15.08
11.34
11.57
9.07
Basic EPS, GAAP
0.1
0.11
0.21
0.22
0.26
0.28
0.28
0.09
0.33
0.39
0.37
0.31
0.32
0.25
Free Cash Flow per Basic Share
-0.44
-0.97
-0.41
-0.86
-0.62
-0.28
-1.04
-0.16
0.02
0.54
-1.19
-1.11
-0.38
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.02
0.02
- -
Book Value per Share
2.58
2.68
2.86
3.08
3.32
3.59
3.85
3.93
4.25
4.54
4.83
5.56
5.51
- -
Tangible Book Value per Share
2.58
2.68
2.86
3.08
3.32
3.59
3.85
3.93
4.25
4.54
4.83
5.56
5.51
- -
Basic Weighted Avg Shares
192
192
192
192
192
192
192
192
192
168
177
246
242
296
Sales/Revenue/Turnover
1,115
1,249
1,986
2,136
2,483
2,663
2,774
2,258
2,833
2,832
2,667
2,786
2,803
2,683
Operating Margin (%)
6.21
5.46
6.13
4.64
5.35
5.79
5.91
5.61
6.04
6.44
7.35
7.64
7.38
7.53
Depreciation Expense
12
11
30
31
41
44
50
54
55
52
54
69
70
70
Net Income, GAAP
20
22
41
42
50
54
53
17
63
65
65
77
78
74
Effective Tax Rate (%)
29.09
26.85
25.81
20.48
16.14
15.23
15.17
21.36
8.47
17.54
25.21
24.31
25.57
25.82
Profit Margin (%)
1.77
1.75
2.05
1.97
2
2.01
1.91
0.74
2.21
2.3
2.45
2.77
2.77
2.78
Working Capital
246
272
333
304
380
459
466
560
656
629
667
1,071
1,390
- -
LT Debt
28
169
166
255
273
271
343
387
356
264
384
207
178
- -
Total Equity
495
515
548
591
636
688
739
754
816
871
996
1,531
1,833
- -
Return on Invested Capital (%)
2.64
2.48
8.71
6.53
7.9
8.41
8.06
5.29
8.07
7.73
7.18
6.8
5.7
- -
Return on Capital (%)
5.87
5.22
8.53
6.49
7.66
8.21
7.82
5.22
7.9
7.47
7.02
6.71
5.71
- -
Return on Common Equity (%)
4.08
4.34
7.65
7.38
8.08
8.09
7.45
2.24
7.99
7.71
7
6.1
4.62
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
841
- -
LT Borrowings
- -
178
- -
LT Finance Leases
- -
41
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
276
333
333
Market Capitalization
955
699
982

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
2,466
- -
Cash, Cash Equivalents & STI
- -
313
- -
Accounts Receivable, Net
- -
914
- -
Inventories
- -
944
- -
Total Current Liabilities
- -
1,076
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
841
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
13.58%
20.55%
19.72%
Free Cash Flow
179.58%
315.11%
-66.64%
Net Income, GAAP
25.86%
59.73%
0.71%
Sales/Revenue/Turnover
4.13%
4.94%
0.64%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
581
683
630
892
2,786
2026
629
683
590
900
2,803
2027
508
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.08
0.06
0.07
0.11
0.31
2026
0.07
0.08
0.08
0.06
0.32
2027
0.04
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
0.02
2026
- -
- -
- -
- -
0.02
2027
- -
- -
- -
- -
- -

Company Description

CEO
Nitin Bhandari
Full Time Employees
390
Sector
Consumer non-durables
Industry
Apparel/Footwear
Address
Bhandari House Ludhiana PU India 141007
IPO Date
Jan 6, 1995
Business
Bhandari Hosiery Exports Limited, a fully integrated textile manufacturer, specializes in the production and export of high-fashion cotton knitted garments from its vertically integrated facility in Ludhiana, Punjab, India. Incorporated in 1993 with headquarters at Bhandari House, Village Meharban, Rahon Road, Ludhiana, the company offers a comprehensive range of products including T-shirts, pullovers, sweatshirts, bermudas, polo shirts, track suits, pyjamas, lowers, and ladies knitted tops featuring embroidery and prints; it provides end-to-end services encompassing design and development, knitting, dyeing, finishing, and garmenting for leading international brands and retail chains. Bhandari Hosiery Exports operates primarily in export markets across approximately 18 countries, with a strong presence in quality-conscious regions such as the USA, Canada, the UK, and the European Union, serving fashion retailers and brands worldwide. The company maintains state-of-the-art in-house facilities from yarn processing to final packing, supported by ongoing expansions in dyeing and fabric processing capabilities. Recent major developments include the 2018-19 second-phase expansion with imported high-technology fabric dyeing machines, circular knitting machines, and introduction of an RO/ZLD plant for sustainability; the 2019-20 third-phase addition of advanced fabric stenter, compactor, and UF plant for water conservation; and the 2023 launch of a rotary printing machine costing Rs 28.75 crore to enhance production efficiency. In 2023, Bhandari Hosiery Exports executed a rights issue raising approximately Rs 7.61 crore to fund expansions, acquisitions, strategic initiatives, and general corporate purposes, alongside submission of financial results for the September 30, 2025 quarter.