107.56
+0.78%
Close of 9 Nov 2026, in INR
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About Banaras Beads
Its shares trade on NSE under the ticker BANARBEADS.NS. It has been listed since 3 February 1995. In the fiscal year to 31 March 2026, it reported revenue of ₹254.9m and net income of ₹17.7m. At that date it held total assets of ₹805.4m and shareholders' equity of ₹576.5m.
Banaras Beads Ltd. engages in the manufacture and trading of handicraft items. The company is headquartered in Varanasi, Uttar Pradesh. The firm also manufactures other articles of gold silver and other precious and semiprecious metal and stone. The company provides beads made from clay, brass, aluminum, copper, resin, ceramics, horn, bone, semiprecious stones, agate, lac, hand painted beads, and spray-painted beads. The company also trades in leather cords, cotton wax cords and handicraft products. Its glass beads are handmade (lamp work) as well as machine made (pressed beads and tube cutting machine). The firm's products include seed beads, bone beads, faceted crystal beads, metal beads, soap stones, wooden, fancy beads, gold stone, dichroic, hand painted, silver foil, Kashmiri beads and shapes.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Consumer Discretionary
- Industry
- Textiles, Apparel & Luxury Goods
- Listed since
- 3 Feb 1995
- Website
- banarasbead.com ↗
Leadership
Pay as last reported
- Shri. Siddharth GuptaChief Executive Officer, Managing Director, Executive Director, since 2010₹1.5m
- Mr. R. SinghCompliance Officer, Company Secretary
- Shri. Ashok GuptaManaging Director, since 2020
- Shalini ChandraExecutive Director₹600,000
- Shri. Anil GuptaIndependent Director
- Mr. Sushil KandoiIndependent Director
- Mr. Manan SahIndependent Director
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Varanasi's heritage as a center for handicrafts supports Banaras Beads Ltd's bead manufacturing expertise.
- Banaras Beads Ltd offers diverse bead types including clay, brass, and semiprecious stones.
- The company's product range spans handmade glass beads and machine-made pressed beads.
Weaknesses
- Banaras Beads Ltd focuses solely on bead manufacturing without expanding into other textile segments.
- The company's product line lacks innovation in modern bead designs and materials.
- Banaras Beads Ltd does not mention any digital marketing strategies for global reach.
Opportunities
- Banaras Beads Ltd can leverage India's growing tourism industry to boost handicraft exports.
- The global demand for handmade beads in fashion and jewelry sectors presents new markets.
- India's textile sector growth offers potential partnerships with luxury brands.
Threats
- Banaras Beads Ltd faces competition from machine-made bead producers in China and Vietnam.
- Increasing raw material costs for semiprecious stones and metals threaten profit margins.
- Environmental regulations on bead manufacturing may increase production costs.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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