Bhandari Hosiery Exports Limited Share Price and Company Fundamentals



Price
₹6.7
Change
-0.600 (-8.219%)
52 week
4.2 - 14.7

Last traded: Last Friday at 9:59 AM

Bhandari Hosiery Exports Limited manufactures and sells textile products mainly fabric and garments in India. The company manufactures and exports knitted hosiery garments, such as T-shirts, pullovers, sweatshirts, bermudas, polo shirts, track suits, pajamas, lowers, ladies knitted tops with embroidery and prints, etc.; and manufactures, processes, and trades in dyed and non-dyed fabrics. It exports its products to the United States, Germany, Dubai, the United Kingdom, and the European Union. The company was incorporated in 1993 and is based in Ludhiana, India.

Key Metrics

PE ratio

12.33

PB ratio

1.00

Dividend yield

0.00%

Beta

1.67

Market cap

-

Enterprise value

-

Company profile

Industry / Sector Apparel Manufacturing / Consumer Cyclical
Full time employees 426
Website https://www.bhandariexport.com
Mailing address Bhandari House Village Meharban Rahon Road Ludhiana 141007 India
Phone / Fax 91 88 7201 6410 / 91 16 1289 0394

Dividends

Dividend yield

0.00%

Dividend amount

₹0.00

Payout ratio

2.22%

5Y Avg. yield

0.49%

Bhandari Hosiery Exports Limited paid ₹0.00 dividend and the ex-dividend date was 23 Sept 2022.The dividend payout ratio is 2.22%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.BHANDARI dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

BHANDARI's forward dividend amount is ₹0.01 and the forward dividend yield is 0.15%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Dec 2022, following are the company executives and directors listed on Bhandari Hosiery Exports Limited.

Name Title Age Total Pay
Mr. Nitin Bhandari Chairman, MD & CEO 38
Ms. Misha Malhotra Chief Financial Officer
Mr. Daljeet Singh Whole-Time Company Sec. & Compliance Officer
Ms. Aditi Bhandari VP of Marketing 38
Ms. Kusum Bhandari Chief Merchandiser 71
Virender Chaudhary Head of Fabric Division 49
Himanshu Sharma Head of Fabric Dyeing & Processing 35

Profitability and management effectiveness

Profit margin

2.28%

Operating margin

6.15%

Return on assets

5.02%

Return on equity

7.81%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Bhandari Hosiery Exports Limited is and its enterprise value is .

The BHANDARI's stocks Beta value is 1.67 making it 67% more volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Bhandari Hosiery Exports Limited (NSE:BHANDARI) Frequently Asked Questions

1. What is Bhandari Hosiery Exports Limited's Stock Symbol?

Bhandari Hosiery Exports Limited trades on NSE under the ticker symbol "BHANDARI".

2. What is Bhandari Hosiery Exports Limited's stock price today?

One share of BHANDARI stock can currently be purchased for approximately ₹6.7.

3. How can I contact Bhandari Hosiery Exports Limited?

Bhandari Hosiery Exports Limited's mailing address is Bhandari House Village Meharban Rahon Road Ludhiana 141007 India. The company can be reached via phone at 91 88 7201 6410.

4. What is Bhandari Hosiery Exports Limited's official website?

The official website of Bhandari Hosiery Exports Limited is https://www.bhandariexport.com.