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Banaras Beads Ltd. (India)

Main Activities: Jewelry and Silverware Manufacturing
Full name: Banaras Beads Ltd. Profile Updated: October 31, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Banaras Beads Ltd. is an Export house recognized by the Government of India. Established in 1940, the company has approximately 500 employees and is a Public Limited company with over 6000 shareholders. It is listed on the leading stock exchanges of India, BSE and NSE. Banaras Beads is India's largest manufacturer of Glass Beads, Fashion Jewellery, and Accessories. They also deal in beads made from various materials such as Clay, Brass, Aluminium, Copper, Resin, Ceramics, Horn, Bone, Semiprecious stones, Agate, Lac, Hand Painted Beads, Spray Painted Beads, etc. Additionally, they trade in Leather Cords, Cotton Wax cords, and other Handicraft Products from India. The company produces both Handmade (Lamp Work) and Machine-made (Pressed Beads and Tube cutting Machine) Glass Beads. They utilize the latest machines from India, Japan, China, Israel, Czech Republic, and Germany for bead production. Banaras Beads serves customers through four business models, including supplying products to wholesalers, retailers, companies in the craft business, craft stores, large retail chain stores, and online business companies. They also offer customized packaging and comply with SEDEX SMETA standards for social, ethical, and security audits. The company is an authorized vendor for leading stores in the USA, such as Walmart, Michaels, A.C Moore, Jo-Ann, Hobby Lobby, and others. They have a global presence and sell their products to more than 80 countries. Banaras Beads Ltd. is headquartered in Varanasi, India, under the leadership of Chairman & Managing Director Mr. Ashok Kumar Gupta and CEO Mr. Siddharth Gupta.

Legal Address
A-1, & A-5, Industrial Estate,, ,
Varanasi; Uttar Pradesh; Postal Code: 221106

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Website: http://www.banarasbead.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1980
Key Executives
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Chairman & Managing Director
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Chief Executive Director and Managing Director
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Executive Director
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Independent and Non Executive Director
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Independent and Non Executive Director
Ownership Details
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58.14%
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21.17%
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20.68%
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Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency INR. Absolute financial data is included in the purchased report.
Net sales revenue
13.87%
Total operating revenue
4.76%
Operating profit (EBIT)
-56.62%
EBITDA
-44.14%
Net Profit (Loss) for the Period
19.15%
Operating Profit Margin (ROS)
-7.11%
Net Profit Margin
0.34%

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