Banaras Beads Ltd
Banaras Beads Ltd (BANARBEADS)

Banaras Beads Ltd (BANARBEADS)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return-13.95 %
3 Month Return-18.04 %
1 Year Return50.88 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 7
Rank 7
Rank 9
Dividend Yield
Rank 7
Rank 9
Price To Book Ratio
Rank 7
Debt To Asset
Rank 9

Company Information

Incorporated as a private limited company in Apr.80 Banaras Beads BBL went public in Oct.94. Promoted by Ajit Kumar Gupta and Raj Kumar Gupta it commenced operations by manufacturing glass beads and imitation jewellery and later diversified into woollen products in Varanasi Uttar Pradesh. BBL also diversified into handicrafts silk and silk fabrics fashion accessories garments etc. It has modernised its computer facilities to set up a stateoftheart computeraided designing system.BBL has been in this line for over five decades and has been exporting for over two decades since 1970 to 2000 clients in about fifty countries. BBL has received a number of awards for excellence in exports. In Aug.94 it was recognised by the government as a Trading House. It is the largest exporter of glass beads in India having a market share of over 80 of Indias exports.The company came out with a public issue in Feb.95 to finance the expansion of its facilities for glass beads imitation jewellery and woollen products. It has also created manufacturing facilities for gold and silver studded jewellery. The project was completed in 1995 cost : Rs 35.6 cr.The company has decided to enter into joint ventures in the US and Canada. It is setting up a manufacturing unit for glass related items as a part of diversification and expansion of its current manufacturing activities.
OrganisationBanaras Beads Ltd
IndustryGlass & Glass Products