Banaras Beads profit rises 31% to ₹71.98 lacs in Q1FY27

1 min read     Updated on 23 Jul 2026, 03:02 PM
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AI Summary

Banaras Beads Limited reported a 31.03% quarter-on-quarter rise in Profit After Tax to ₹71.98 lacs for the quarter ended June 30, 2026. Revenue from operations increased 39.18% to ₹905.84 lacs compared to the preceding quarter, and grew 45.90% year-on-year. The company expects the upward trend in turnover and profitability to continue in the coming periods.

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Banaras Beads Limited reported a 31.03% rise in Profit After Tax to ₹71.98 lacs for the quarter ended June 30, 2026, driven by strong operational performance. Revenue from operations grew 39.18% to ₹905.84 lacs compared to the preceding quarter ended March 31, 2026. On a year-on-year basis, revenue increased by 45.90% from ₹620.84 lacs in the quarter ended June 30, 2025, while profit rose 18.02% from ₹60.99 lacs.

The un-audited financial results were disclosed by the Chairman & Managing Director, Shri Ashok Kumar Gupta. The company stated that the increasing trend of both turnover and profitability is expected to continue in the coming periods.

Financial Performance

The table below details the standalone financial performance for the quarter ended June 30, 2026:

Particulars Quarter ended 30.06.2026 (₹ in lacs) Quarter ended 31.03.2026 (₹ in lacs) % Change (QoQ) Quarter ended 30.06.2025 (₹ in lacs) % Change (YoY)
Revenue from operations 905.84 650.82 39.18% ↑ 620.84 45.90% ↑
Profit after Tax 71.98 54.93 31.03% ↑ 60.99 18.02% ↑
Earnings per share Rs. 1.08 Rs. 0.83 30.12% ↑ Rs. 0.92 17.39% ↑

Earnings per share increased to Rs. 1.08 in the quarter ended June 30, 2026, from Rs. 0.83 in the previous quarter, marking a 30.12% growth. Compared to the same quarter in the previous year, earnings per share rose 17.39% from Rs. 0.92.

Historical Stock Returns for Banaras Beads

1 Day5 Days1 Month6 Months1 Year5 Years
+2.76%-2.79%+12.86%+10.18%-4.37%+46.85%

What specific operational strategies are driving the sustained growth in both revenue and profitability?

How does the company plan to maintain this growth trajectory amidst potential market fluctuations in the coming quarters?

Are there any planned expansions or new product launches that could further boost revenue in the near future?

Banaras Beads schedules 46th AGM on July 30, 2026

1 min read     Updated on 03 Jul 2026, 04:10 AM
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Banaras Beads Limited has scheduled its 46th Annual General Meeting for July 30, 2026, in Varanasi. The meeting will cover the adoption of financial statements for the year ended March 31, 2026, and the re-appointment of a director. Shareholders can participate via remote e-voting between July 27 and July 29.

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Banaras Beads Limited will hold its 46th Annual General Meeting (AGM) on July 30, 2026, at Khatiya Lal Gupta Smriti Bhawan in Varanasi. The meeting will be conducted in physical mode to transact business including the adoption of audited financial statements for the year ended March 31, 2026, and the re-appointment of Shri Ashok Kumar Gupta as a director liable to retire by rotation. The Register of Members and share transfer books will remain closed from July 24, 2026, to July 30, 2026, for the purpose of the AGM.

In compliance with the Companies Act, 2013, and SEBI regulations, the company has dispatched the AGM notice and annual reports to shareholders whose email addresses are registered with the company or its Registrar and Share Transfer Agents, Mas Services Limited. Members without registered email addresses can download the documents from the company's website or the websites of BSE Limited and National Stock Exchange of India Limited.

The facility for remote e-voting will be available from July 27, 2026, at 9:00 a.m. to July 29, 2026, at 5:00 p.m. The cut-off date to determine eligibility for e-voting and physical participation at the AGM is July 23, 2026. Shareholders who have not cast their votes electronically may exercise their rights at the meeting using ballot papers, though those who have voted via e-voting will not be permitted to vote again at the venue.

Key Meeting Details

Event Date Time Location
AGM Date July 30, 2026 3:00 p.m. Khatiya Lal Gupta Smriti Bhawan, Varanasi
E-voting Start July 27, 2026 9:00 a.m. Remote
E-voting End July 29, 2026 5:00 p.m. Remote
Book Closure July 24, 2026 to July 30, 2026 - -
Cut-off Date July 23, 2026 - -

The ordinary business to be transacted includes the consideration and adoption of the Audited Financial Statements for the financial year ended March 31, 2026, along with the Reports of the Board of Directors and the Auditors. Additionally, the meeting will address the re-appointment of Shri Ashok Kumar Gupta (DIN: 00016661). Queries regarding e-voting can be directed to Mr. Sarwan Mangla, Manager at Mas Services Limited.

Historical Stock Returns for Banaras Beads

1 Day5 Days1 Month6 Months1 Year5 Years
+2.76%-2.79%+12.86%+10.18%-4.37%+46.85%

What strategic growth initiatives or capital expenditure plans does the management intend to outline for the post-2026 fiscal year?

How will the company navigate potential supply chain disruptions or raw material cost inflation in the upcoming fiscal year?

Is the re-appointment of Shri Ashok Kumar Gupta a signal of continuity in the current management strategy, or are there plans for leadership succession?

More News on Banaras Beads

1 Year Returns:-4.37%