Banaras Beads Limited - home & lifestyle in Varanasi, Uttar Pradesh, India. FY 2026 financials & compliance.
CIN L01131UP1980PLC004984 Incorporated 10 April 1980 ROC Uttar Pradesh HQ Varanasi, Uttar Pradesh, India
Active Listed - NSE: BANARBEADS · BSE: 526849 Public Limited Company home and lifestyle MSME · Small
Data last updated
Market Cap
₹71.67 Cr
BANARBEADS · NSE
Share Price
₹107.56
-0.41% today
Revenue
₹25.49 Cr
FY 2025-26 · -19.2% YoY
EBITDA
₹4.01 Cr
Margin 15.7%
Net Profit
₹1.77 Cr
FY 2025-26 · -42.5% YoY
P/E (TTM)
24.9x
P/B 1.2x
ROE
3.1%
ROCE 5.7%
Debt / Equity
0.26
Interest cover 73.8x

About Banaras Beads Limited

Data last updated:

Banaras Beads Limited is a public limited company based in Varanasi, Uttar Pradesh, India. It operates in the lifestyle products and accessories manufacturing segment of the home and lifestyle products sector. It was incorporated on 10 April 1980 and has been in existence for over 46 years.

The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN L01131UP1980PLC004984. Its GSTIN is 09AAACB2252L1ZQ (Uttar Pradesh). The company holds 2 GST registrations, all of them active. It is a listed company as per MCA records. Its shares are listed on BSE: 526849 and NSE: BANARBEADS.

The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹6.61 Cr. It is led by directors including Siddharth Gupta (Managing Director) and Ashok Kumar Gupta (Managing Director).

Its last annual general meeting (AGM) was held on 07 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at A – 1 Industral Estate Varanasi, Uttar Pradesh, India – 221106.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹25.49 Cr, a decline of 19.2% compared to the previous year. For the same year it recorded a net profit of ₹1.77 Cr (net margin 6.9%) and EBITDA of ₹4.01 Cr (EBITDA margin 15.7%). The net worth stands at ₹57.65 Cr (up 3.2% YoY). Total assets are valued at ₹78.69 Cr (up 21.2% YoY).

The company has about 247 employees on its provident fund (EPFO) records.

The company is associated with 2 brands: Banaras Bead and Banaras Beads. As per MCA filings, the company has open charges of ₹22.56 Cr and satisfied charges of ₹68.01 Cr on record. Court records list 63 cases involving the company, including 26 filed by the company and 38 filed against it; 9 cases are pending. The company has 57 deals on record (57 market trades); the latest was in September 2025.

Banaras Beads Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-75-0005157). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website banarasbead.com.

Company details

CIN L01131UP1980PLC004984
Registration Number 004984
Incorporation Date 10 April 1980
ROC Uttar Pradesh
Listing Status Listed - Listed on NSE (BANARBEADS); Listed on BSE (526849)
Company Status Active
Date of Last AGM 07 August 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-UP-75-0005157

Recognitions & Rankings of Banaras Beads

MSME (Udyam registered) Ministry of MSME
Category
Small (2022-23)
Udyam number
UDYAM-UP-75-0005157

Contact details

Banaras Beads Limited's registered office is in Varanasi, Uttar Pradesh. Its website is banarasbead.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    A – 1 Industral Estate Varanasi, Uttar Pradesh, India – 221106
  • Industry
    Home & Lifestyle, Lifestyle Products & Accessories Manufacturing, Handicrafts & Artisan Products Manufacturing

To see the full contact details of Banaras Beads Limited, buy the company report.

Comprehensive company report
Banaras Beads Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Brands

Banaras Beads operates two associated brands: Banaras Bead and Banaras Beads. Each brand links to its own profile.

BrandDescriptionWebsite
Beads, bags, and scarves are manufactured and supplied globally.banarasbead.com
Manufacturer of fashion accessoriesbblinvestor.com

Business activity

The main business activity of Banaras Beads is manufacturing. In detail, this covers other manufacturing.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturing32Other manufacturing

To see the full business activity and turnover split of Banaras Beads Limited, buy the company report.

Financials of Banaras Beads Limited

FY 2025-26 filings available

Banaras Beads Limited reported revenue of ₹25.49 Cr (down 19.2% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹25.49 Cr
-19.2% YoY
EBITDA
₹4.01 Cr
-2.7% YoY
Profit After Tax
₹1.77 Cr
-42.5% YoY
Net Worth
₹57.65 Cr
+3.2% YoY
Total Assets
₹78.69 Cr
+21.2% YoY
Total Debt
₹20.53 Cr
+139.3% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue25.4931.5628.2226.9725.1220.4725.78
Revenue growth-19.2%+11.8%+4.6%+7.4%+22.7%-20.6%-
EBITDA4.014.122.653.643.153.363.78
EBITDA margin+15.7%+13.1%+9.4%+13.5%+12.5%+16.4%+14.7%
Profit before tax2.264.053.693.423.813.183.23
Net profit1.773.082.752.552.502.262.41
Net profit margin+6.9%+9.8%+9.7%+9.5%+10.0%+11.0%+9.4%
EPS (₹)2.694.674.163.854.423.623.54
Balance sheet
Total assets78.6964.9358.0453.6457.4354.3747.66
Net worth57.6555.8454.2452.8351.6350.0447.66
Total debt20.538.583.290.295.804.330.00
Cash & bank5.482.9711.991.1112.226.258.40
Net working capital45.0234.2845.0528.8138.5229.3923.32
Cash flow
Cash from operations(4.68)4.97(3.47)(4.45)(4.00)(9.31)3.64
Cash from investing(2.97)(17.14)12.940.9510.062.89(2.85)
Cash from financing10.163.141.42(7.62)(0.10)4.27(0.90)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue15.689.066.517.725.056.217.205.74
Revenue growth (YoY)+210.5%+45.9%-9.6%+34.5%-56.3%-12.3%--
Other income0.340.300.460.430.340.390.480.47
Total expenses13.857.694.806.644.745.296.244.92
EBITDA1.831.371.711.080.310.920.960.82
EBITDA margin+11.7%+15.1%+26.3%+14.0%+6.1%+14.8%+13.3%+14.3%
Depreciation0.350.350.360.430.410.360.360.51
Interest0.510.341.170.300.190.150.200.18
Profit before tax1.310.980.640.780.050.800.880.60
Tax0.310.250.090.200.010.190.220.10

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 09 Nov 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue15.689.066.517.725.056.217.205.74
Revenue growth (YoY)+210.5%+45.9%-9.6%+34.5%-56.3%-12.3%--
Other income0.340.300.460.430.340.390.480.47
Total expenses13.857.694.806.644.745.296.244.92
EBITDA1.831.371.711.080.310.920.960.82
EBITDA margin+11.7%+15.1%+26.3%+14.0%+6.1%+14.8%+13.3%+14.3%
Depreciation0.350.350.360.430.410.360.360.51
Interest0.510.341.170.300.190.150.200.18
Profit before tax1.310.980.640.780.050.800.880.60
Tax0.310.250.090.200.010.190.220.10
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue25.4931.5628.2226.9725.1220.4725.78
Revenue growth-19.2%+11.8%+4.6%+7.4%+22.7%-20.6%-
Other income1.621.992.451.802.191.480.91
Total expenses21.4827.4425.5723.3321.9717.1122.00
Employee cost5.905.685.314.994.573.724.03
EBITDA4.014.122.653.643.153.363.78
EBITDA margin+15.7%+13.1%+9.4%+13.5%+12.5%+16.4%+14.7%
Depreciation1.571.391.151.231.281.461.35
Interest1.800.670.260.790.250.200.11
Profit before tax2.264.053.693.423.813.183.23
Tax0.490.970.930.870.890.780.89
Net profit1.773.082.752.552.502.262.41
Net profit margin+6.9%+9.8%+9.7%+9.5%+10.0%+11.0%+9.4%
EPS (₹)2.694.674.163.854.423.623.54
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital6.606.616.616.616.616.616.61
Reserves & surplus51.0549.2347.6346.2245.0243.4341.05
Shareholders' funds (net worth)57.6555.8454.2452.8351.6350.0447.66
Secured loans20.538.583.290.295.804.330.00
Unsecured loans0.000.000.000.000.000.000.00
Total debt20.538.583.290.295.804.330.00
Total liabilities78.6964.9358.0453.6457.4354.3747.66
Assets
Gross block44.0536.0133.0332.2130.8739.4039.64
Net block16.6510.178.448.758.6218.1619.35
Capital work in progress0.000.000.450.250.380.000.00
Investments2.982.983.033.043.133.124.89
Inventories31.5126.3323.0121.7518.7011.9611.32
Sundry debtors8.285.106.686.204.592.680.29
Cash & bank balances5.482.9711.991.1112.226.258.40
Loans & advances1.611.575.132.025.3410.225.45
Total current assets46.8835.9746.8131.0840.8531.1125.46
Total current liabilities1.861.691.762.272.331.722.14
Net working capital45.0234.2845.0528.8138.5229.3923.32
Total assets78.6964.9358.0453.6457.4354.3747.66
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash2.9711.991.1112.226.258.408.51
Net cash from operating activities(4.68)4.97(3.47)(4.45)(4.00)(9.31)3.64
Net cash from investing activities(2.97)(17.14)12.940.9510.062.89(2.85)
Net cash from financing activities10.163.141.42(7.62)(0.10)4.27(0.90)
Net change in cash2.51(9.02)10.88(11.12)5.97(2.15)(0.11)
Closing cash5.482.9711.991.1112.226.258.40
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-19.2%+11.8%+4.6%+7.4%+22.7%-20.6%-
EBITDA growth-2.7%+55.5%-27.2%+15.6%-6.3%-11.1%-
PBT growth-44.2%+9.8%+7.9%-10.2%+19.8%-1.6%+103.1%
Net income growth-42.5%+12.0%+7.8%+2.0%+10.6%-6.2%-
Revenue CAGR (3Y)-1.9%+7.9%+11.3%+1.5%+13.2%-4.9%-1.9%
EBITDA CAGR (3Y)+3.3%+9.4%-7.6%-1.3%+7.0%+0.9%+0.4%
Profitability & leverage
Net income margin+6.9%+9.8%+9.8%+9.5%+11.6%+11.7%+9.1%
Return on capital employed+5.7%+7.7%+7.1%+7.6%+6.3%+6.6%+7.1%
Return on net worth+3.1%+5.6%+5.1%+4.9%+4.9%+4.9%+5.0%
Debt / equity0.260.110.030.060.100.040.01
Long-term debt / equity0.040.000.000.000.000.000.00
Interest cover73.7724.5417.3332.7813.3710.534.53
Efficiency & per share
Fixed asset turnover0.640.910.870.860.710.520.75
Inventory turnover0.881.281.261.331.641.762.06
Debtors turnover3.815.364.385.006.9113.7852.08
EPS (₹)2.694.674.163.854.423.623.54
Dividend per share (₹)0.002.252.002.002.000.000.00
Book value per share (₹)87.3884.4382.0179.8978.0775.6772.06

To see the full year-wise statements and ratios of Banaras Beads Limited, buy the company report.

Board of directors of Banaras Beads Limited

Banaras Beads has 6 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Siddharth GuptaManaging Director05 Aug 201016 Years 3 MonthsCurrent
Sushil Kumar KandoiDirector17 Jan 20206 Years 9 MonthsCurrent
Anil Kumar GuptaDirector17 Jan 20206 Years 9 MonthsCurrent
Manan Kumar SahDirector17 Jan 20206 Years 9 MonthsCurrent
Ashok Kumar GuptaManaging Director10 Apr 198046 Years 6 MonthsCurrent
Jayanti MathurDirector29 May 20251 Years 5 MonthsCurrent

Auditor

Banaras Beads Limited is audited by G. D. Dubey & Associates for the financial year 2025.

Auditor firmFinancial yearFirm registration number
G. D. Dubey & AssociatesFY 2025009836C

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 58.50%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 41.50%.

Promoters: 58.50%Retail & Others: 41.50%
Sep 2026
QUARTER
58.50% Promoters
41.50% Retail & Others
Promoter holding - history
Now 58.50% · Sep 2026High 58.50% · Jun 2026Low 58.10% · Dec 2025
57%57.8%58.5%59.3%60%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 58.10%Mar 2026: 58.10%Jun 2026: 58.50%Sep 2026: 58.50%58.50%58.10%58.50%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters58.50%58.50%58.10%58.10%
Public41.50%41.50%41.90%41.90%

Charges & borrowings

Open charges
₹22.56 Cr
Satisfied charges
₹68.01 Cr
Breakdown by lending institutions
Others₹15.00 Cr
Hdfc Bank Limited₹7.56 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
18 Sep 2025101156566Hdfc Bank Limited₹7.56 CrOpen
14 Aug 2018100198115Others₹15 CrOpen
11 Aug 201410518072Yes Bank Limited₹15 CrSatisfied
29 Dec 200910195741Bank of Baroda₹15.25 CrSatisfied
27 Jun 200610013722Bank of Baroda₹12.5 LakhSatisfied

To see the full charge records of Banaras Beads Limited, buy the company report.

Total charge records: 21 View all charges

Deals & funding

Banaras Beads Limited has 57 deals on record (57 market trades); the latest was in September 2025.

Total deals
57
Market trades
57

Deals on record (5 of 57)

WhenDealAmountParties
Dec 2024Market trade₹1.98 CrBuyer: NK Securities Research Private Limited , Hrti Private Limited
Seller: NK Securities Research Private Limited , Hrti Private Limited
Oct 2024Market trade₹96.6 LakhBuyer: Qe Securities LLP , Rs Securities
Seller: Qe Securities LLP , Rs Securities
Oct 2024Market trade₹91.2 LakhBuyer: Irage Broking Services LLP
Seller: Irage Broking Services LLP
Oct 2024Market trade₹8.77 CrBuyer: NK Securities Research Private Limited , Qe Securities LLP , Silverleaf Capital Services Private Limited , an individual
Seller: NK Securities Research Private Limited , Irage Broking Services LLP , Qe Securities LLP , an individual
Oct 2024Market trade₹61.3 LakhBuyer: NK Securities Research Private Limited
Seller: NK Securities Research Private Limited

To see the full deal history of Banaras Beads Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Banaras Beads Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Banaras Beads Limited has a workforce of 247 employees on its EPFO records as of Apr 08, 2024, across 2 active EPFO establishments.

Employee count
247
Active EPFO establishments
2

GST

Banaras Beads has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
09AAACB2252L1ZQUttar PradeshActive01 Jul 2017
07AAACB2252L1ZUDelhiActive01 Jul 2017

To see the full GST registrations and return filing status of Banaras Beads Limited, buy the company report.

Recent activity

Banaras Beads Limited has 17 board changes on record since 1980: 12 appointments and 5 cessations. The latest: Jayanti Mathur was appointed as Director on 29 May 2025.

Filing
Banaras Beads Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Uttar Pradesh I.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 7.56 Cr with Charge ID 101156566 was registered on 18 Sep 2025.
AGM
Banaras Beads Limited last Annual general meeting of members was held on 07 Aug 2025 as per latest MCA records.
Appointed
Jayanti Mathur was appointed as Director.
Ceased
Shalini Chandra ceased to be Director.
Charges
A charge with Others of Rs. 15.00 Cr registered on 14 Aug 2018 with Charge ID 100198115 was modified on 05 Sep 2024.
Ceased
Ashok Kumar Kapoor ceased to be Director.
Ceased
Praveen Anand Singh ceased to be Director.
Ceased
Tanmay Deva ceased to be Director.
Appointed
Anil Kumar Gupta was appointed as Director.
Appointed
Manan Kumar Sah was appointed as Director.
Appointed
Sushil Kumar Kandoi was appointed as Director.

63 earlier events are in the company report.

Frequently asked questions

Banaras Beads is an active public limited company based in Varanasi, Uttar Pradesh, India. The company works in lifestyle products and accessories manufacturing, within the home and lifestyle industry. It was incorporated on 10 April 1980 (46+ years old) and is registered under CIN L01131UP1980PLC004984. Listed on BSE: 526849 and NSE: BANARBEADS.

Banaras Beads reported revenue of ₹25.49 Cr for FY 2025-26 (down 19.2% YoY) based on standalone financials.

Banaras Beads has 6 current directors:

The latest financial statements of Banaras Beads on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 07 August 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Banaras Beads is 09AAACB2252L1ZQ, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 07AAACB2252L1ZU (Delhi).

The CIN (Corporate Identification Number) of Banaras Beads is L01131UP1980PLC004984. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Banaras Beads is a listed company as per MCA records. Its shares are listed on both BSE (code: 526849) and NSE (symbol: BANARBEADS).

Banaras Beads has 63 court cases on record: 26 filed by the company and 38 filed against it. 9 are pending. Most are in the high courts.

Banaras Beads was incorporated on 10 April 1980, making it 46+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.

Banaras Beads has 57 deals on record (57 market trades); the latest was in September 2025.