Here, we are going to share Banaras Beads Share Price Target 2025, 2026, 2027, 2028, 2030, 2035, 2040 on the basis of its fundamental and technical analysis.
Banaras Beads Limited, headquartered in Varanasi, India, is a major participant in the handicrafts and accessories industry.
Established in 1940, the company produces and distributes glass beads, necklaces, imitation jewelry, and other goods produced from a variety of materials including clay, brass, aluminum, semiprecious stones, and ceramics.
It also deals with leather and cotton wax cords, mostly catering to wholesalers, merchants, and online platforms globally.
Banaras Beads Share Key Information
| Company Name | Banaras Beads |
| Headquarters | Varanasi |
| Sectors | Glass |
| Market Cap | ₹ 110.82 Cr. |
| No. of Shares | 0.66 Cr. |
| Book Value | ₹84.67 |
| Dividend Yield | 1.42% |
| ROCE | 7.14% |
| ROE | 5.14% |
| Face Value | ₹10 |
| Sales Growth | 4.64% |
| Profit Growth | 8.15% |
Board Members
- Ashok Kumar Gupta – Chairman
- Siddhart Gupta – CEO & Managing Director
- Shivani Gupta – Advisor
- R. K. Singh – Company Secretary
- H. S. Saha – General Manager
- Govind Sharma – Marketing Executive
Banaras Beads Share Quarterly Results
| PARTICULARS | Jun 2024 (Cr.) | Sep 2024 (Cr.) |
|---|---|---|
| Net Sales | 7.08 | 11.55 |
| Total Expenditure | 6.50 | 9.78 |
| Operating Profit | 0.57 | 1.77 |
| Other Income | 0.53 | 0.51 |
| Interest | 0.12 | 0.16 |
| Depreciation | 0.26 | 0.26 |
| Exceptional Items | 0 | 0 |
| Profit Before Tax | 0.72 | 1.86 |
| Tax | 0.18 | 0.47 |
| Profit After Tax | 0.54 | 1.39 |
| Adjusted EPS (Rs) | 0.81 | 2.10 |
Banaras Beads Company Profits and Losses
| PARTICULARS | Mar 2023 (Cr.) | Mar 2024 (Cr.) |
|---|---|---|
| Net Sales | 26.97 | 28.22 |
| Total Expenditure | 23.33 | 25.57 |
| Operating Profit | 3.64 | 2.65 |
| Other Income | 1.80 | 2.45 |
| Interest | 0.79 | 0.26 |
| Depreciation | 1.23 | 1.15 |
| Exceptional Items | 0 | 0 |
| Profit Before Tax | 3.42 | 3.69 |
| Tax | 0.87 | 0.94 |
| Net Profit | 2.54 | 2.75 |
| Adjusted EPS (Rs.) | 3.85 | 4.16 |
Banaras Beads Share Price Target 2025-2040
| Year | Initial Target | Year-End Target |
|---|---|---|
| 2025 | ₹149.90 | ₹160.69 |
| 2026 | ₹163.13 | ₹175.85 |
| 2027 | ₹177.16 | ₹189.10 |
| 2028 | ₹191.18 | ₹202.77 |
| 2029 | ₹205.19 | ₹215.45 |
| 2030 | ₹219.35 | ₹241.56 |
| 2035 | ₹289.56 | ₹305.48 |
| 2040 | ₹378.95 | ₹402.15 |
Banaras Beads Share Price Target 2025
| Year/Month | Predicted Target |
|---|---|
| January 2025 | ₹149.90 |
| February 2025 | ₹148.79 |
| March 2025 | ₹147.92 |
| April 2025 | ₹148.60 |
| May 2025 | ₹147.33 |
| June 2025 | ₹147.97 |
| July 2025 | ₹149.70 |
| August 2025 | ₹150.30 |
| September 2025 | ₹153.04 |
| October 2025 | ₹156.29 |
| November 2025 | ₹157.59 |
| December 2025 | ₹160.69 |
Based on the 2025 forecast, the initial target of Banaras Beads share can could be ₹149.90 and by the end of the year, the share price target is estimated to reach ₹160.69.
Banaras Beads Share Price Target 2026
| Year/Month | Predicted Target |
|---|---|
| January 2026 | ₹163.13 |
| February 2026 | ₹162.86 |
| March 2026 | ₹161.96 |
| April 2026 | ₹162.62 |
| May 2026 | ₹161.52 |
| June 2026 | ₹163.83 |
| July 2026 | ₹164.56 |
| August 2026 | ₹167.00 |
| September 2026 | ₹170.28 |
| October 2026 | ₹171.65 |
| November 2026 | ₹174.92 |
| December 2026 | ₹175.85 |
Based on the 2026 forecast, the initial target of Banaras Beads share can could be ₹163.13 and by the end of the year, the share price target is estimated to reach ₹175.85.
Banaras Beads Share Price Target 2027
| Year/Month | Predicted Target |
|---|---|
| January 2027 | ₹177.16 |
| February 2027 | ₹176.92 |
| March 2027 | ₹176.10 |
| April 2027 | ₹176.61 |
| May 2027 | ₹175.11 |
| June 2027 | ₹175.63 |
| July 2027 | ₹177.87 |
| August 2027 | ₹178.40 |
| September 2027 | ₹181.01 |
| October 2027 | ₹184.35 |
| November 2027 | ₹185.68 |
| December 2027 | ₹189.10 |
Based on the 2027 forecast, the initial target of Banaras Beads share can could be ₹177.16 and by the end of the year, the share price target is estimated to reach ₹189.10.
Banaras Beads Share Price Target 2028
| Year/Month | Predicted Target |
|---|---|
| January 2028 | ₹191.18 |
| February 2028 | ₹190.98 |
| March 2028 | ₹190.05 |
| April 2028 | ₹190.61 |
| May 2028 | ₹189.30 |
| June 2028 | ₹190.33 |
| July 2028 | ₹191.89 |
| August 2028 | ₹192.77 |
| September 2028 | ₹195.12 |
| October 2028 | ₹198.42 |
| November 2028 | ₹199.68 |
| December 2028 | ₹202.77 |
Based on the 2028 forecast, the initial target of Banaras Beads share can could be ₹191.18 and by the end of the year, the share price target is estimated to reach ₹202.77.
Banaras Beads Share Price Target 2029
| Year/Month | Predicted Target |
|---|---|
| January 2029 | ₹205.19 |
| February 2029 | ₹205.03 |
| March 2029 | ₹204.08 |
| April 2029 | ₹204.70 |
| May 2029 | ₹203.24 |
| June 2029 | ₹204.21 |
| July 2029 | ₹205.90 |
| August 2029 | ₹206.95 |
| September 2029 | ₹209.19 |
| October 2029 | ₹212.56 |
| November 2029 | ₹213.66 |
| December 2029 | ₹215.45 |
Based on the 2029 forecast, the initial target of Banaras Beads share can could be ₹205.19 and by the end of the year, the share price target is estimated to reach ₹215.45.
Banaras Beads Share Price Target 2030
| Year/Month | Predicted Target |
|---|---|
| January 2030 | ₹219.35 |
| February 2030 | ₹221.32 |
| March 2030 | ₹222.56 |
| April 2030 | ₹224.32 |
| May 2030 | ₹227.35 |
| June 2030 | ₹225.65 |
| July 2030 | ₹229.65 |
| August 2030 | ₹231.10 |
| September 2030 | ₹231.95 |
| October 2030 | ₹233.36 |
| November 2030 | ₹237.40 |
| December 2030 | ₹241.56 |
Based on the 2030 forecast, the initial target of Banaras Beads share can could be ₹219.35 and by the end of the year, the share price target is estimated to reach ₹241.56.
Banaras Beads Share Price Target 2035
| Year/Month | Predicted Target |
|---|---|
| January 2035 | ₹289.56 |
| April 2035 | ₹295.32 |
| July 2035 | ₹299.45 |
| October 2035 | ₹302.10 |
| December 2035 | ₹305.48 |
Based on the 2035 forecast, the initial target of Banaras Beads share can could be ₹289.56 and by the end of the year, the share price target is estimated to reach ₹305.48.
Banaras Beads Share Price Target 2040
| Year/Month | Predicted Target |
|---|---|
| January 2040 | ₹378.95 |
| April 2040 | ₹385.32 |
| July 2040 | ₹391.45 |
| October 2040 | ₹395.62 |
| December 2040 | ₹402.15 |
Based on the 2040 forecast, the initial target of Banaras Beads share can could be ₹378.95 and by the end of the year, the share price target is estimated to reach ₹402.15.
Banaras Beads Shareholding Pattern
| Terms | Percentage |
|---|---|
| Promoters | 58.14% |
| FIIs | 0% |
| DIIs | 0% |
| Others | 0% |
| Public | 41.86% |
Banaras Beads Company Competitors
- Haldyn Glass
- Empire Industries
- Sejal Glass
- Jai Mata Glass
- Triveni Glass
Bull Case of Banaras Beads (Reasons to Invest)
Strong Export Business: The company has a significant global footprint, exporting products to regions including the US, Europe, and Africa, which diversifies its revenue streams and reduces reliance on the domestic market
Craftsmanship and Niche Market: Banaras Beads operates in a niche market of handcrafted products, which has a stable demand among global buyers appreciating artisan goods
Revenue Growth: Its financials indicate steady growth, with revenues of INR 311.16 million in 2024, a slight increase from the previous year, alongside an improving net profit margin
Bear Case of Banaras Beads (Risks Involved)
Competition from Cheaper Alternatives: The company faces competition from countries like China that produce similar goods at lower costs, potentially impacting market share
Dependence on External Markets: Heavy reliance on export markets exposes the company to risks related to currency fluctuations, geopolitical changes, and demand cycles
Scale Constraints: With a market cap of INR 935.71 million, Banaras Beads remains a microcap company, which may limit its ability to scale operations and compete with larger players
Banaras Beads Share Price Target: FAQ
What will be the target of Banaras Beads Share for the year 2025?
By the end of the year 2025, its share price can reach ₹160.69.
What will be the target of Banaras Beads Share for the year 2026?
By the end of the year 2026, its share price can reach ₹175.85.
What will be the target of Banaras Beads Share for the year 2027?
By the end of the year 2027, its share price can reach ₹189.10.
What will be the target of Banaras Beads Share for the year 2028?
By the end of the year 2028, its share price can reach ₹202.77.
What will be the target of Banaras Beads Share for the year 2029?
By the end of the year 2029, its share price can reach ₹215.45.
What will be the target of Banaras Beads Share for the year 2030?
By the end of the year 2030 its share price can reach ₹241.56.
What is the Current market cap of Banaras Beads company?
At present the market cap of this company is ₹ 11.82 Cr.
What is the NSE symbol of Banaras Beads company?
The symbol of this company in NSE exchange is BANARBEADS.
What is the BSE symbol of Banaras Beads company?
The symbol of this company in BSE exchange is 526849.
