Banaras Beads
107.98
-6.44(-5.63%)
Market Cap₹71.66 Cr
PE Ratio39.52
Company Performance:
1D-5.63%
1M-12.55%
6M+0.13%
1Y-15.82%
5Y+96.33%
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More news about Banaras Beads
30Oct 25
Banaras Beads Limited Reports Q2 FY2026 Results: Profit Dips Amid US Tariff Challenges
Banaras Beads Limited, a glass beads and handicrafts exporter, announced unaudited financial results for Q2 and H1 FY2026. The company faced challenges due to increased US tariffs, resulting in a significant decline in quarterly profit. Q2 FY2026 saw revenue of ₹355.33 lakhs and profit after tax of ₹64.60 lakhs, down 66.50% year-over-year. H1 FY2026 revenue was ₹1156.32 lakhs, with profit after tax at ₹308.81 lakhs, up 122.26% year-over-year. US buyers have put orders on hold, but no cancellations reported. The company is negotiating with US buyers and expects annual turnover to match or exceed last year's levels. New orders are being accepted at adjusted rates to address tariff concerns.
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01Oct 25
Banaras Beads Limited Expands with Rs 6.73 Crore Property Acquisition in Varanasi
Banaras Beads Limited has purchased a 1670 square meter plot in Varanasi for Rs 6.73 crore from the Varanasi Development Authority. The company secured a Rs 7.56 crore loan from HDFC Bank at 7.75% interest for 5 years to finance the purchase and construction. The newly acquired land, located near existing facilities, will be used for warehouse development. This strategic move is part of the company's expansion plans to enhance operational capabilities.
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19Sept 25
Banaras Beads Limited Acquires 1680 Sq. Meter Property in Varanasi for Rs. 6.77 Crore
Banaras Beads Limited has acquired a 1680 square meter property in Varanasi for Rs. 6.77 crore through an open bid process by the Varanasi Development Authority. The company secured a loan of Rs. 7.56 crore from HDFC Bank at 7.75% interest for 5 years to finance the purchase and development. Rs. 5.29 crore has been disbursed for the land purchase, with the remaining Rs. 2.27 crore allocated for construction. The property will be used for warehouse development as part of the company's expansion plans.
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11Aug 25
Banaras Beads Limited Confirms Mrs. Jayanti Mathur as Non-Executive Director
Banaras Beads Limited has officially confirmed the appointment of Mrs. Jayanti Mathur as a Non-Executive Director during its 45th Annual General Meeting. Mrs. Mathur, initially appointed on May 29, 2025, brings over ten years of experience in Marketing, Finance, Management, decoration, and designing. The company also approved M/s Ajay Jaiswal & Co. as Secretarial Auditor for a five-year term. These appointments aim to strengthen the company's corporate governance and leadership team.
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Banaras Beads
107.98
-6.44
(-5.63%)
1 Year Returns:-15.82%
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