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Last Updated on: 27 July, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo

Fundamental Analysis of Bang Overseas Ltd

About the Company - Bang Overseas Ltd

Bang Overseas Ltd. is a Public Limited Listed company incorporated on 01/06/1992 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L51900MH1992PLC067013 and registration number is 067013. Currently Company is involved in the business activities of Wholesale of textiles, fabrics, yarn, household linen, articles of clothing, floor coverings and tapestry, sports clothes. Company’s Total Operating Revenue is Rs. 80.38 Cr. and Equity Capital is Rs. 13.56 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Textiles - Readymade Apparels405-406, Kewal Industrial Estate, Senapati Bapat Marg, Mumbai Maharashtra 400013bol@banggroup.com
http://www.banggroup.com
Management
NamePosition Held
Mr. Brijgopal Balaram BangChairman & Managing Director
Mr. Raghvendra Venugopal BangNon Executive Director
Mr. Subrata Kumar DeyIndependent Director
Ms. Swati SahukaraIndependent Director
Mrs. Anuradha ParaskarIndependent Director
Mrs. Vandana BangWhole Time Director

Basic Stock Data of Bang Overseas Ltd

Last Updated: July 26, 2024, 10:57 pm

Market Cap 65.8 Cr.
Current Price 48.6
High / Low76.5/40.6
Stock P/E
Book Value 65.9
Dividend Yield0.00 %
ROCE5.62 %
ROE8.96 %
Face Value 10.0
PEG Ratio0.00

Data Source: screener.in

Bang Overseas Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales12.4919.0924.8213.8618.1226.1125.4126.2028.3730.1932.7729.6830.42
Expenses12.2319.3625.6012.6117.0424.4623.8723.6227.8829.9732.1130.8234.33
Operating Profit0.26-0.27-0.781.251.081.651.542.580.490.220.66-1.14-3.91
OPM %2.08%-1.41%-3.14%9.02%5.96%6.32%6.06%9.85%1.73%0.73%2.01%-3.84%-12.85%
Other Income1.080.852.320.580.480.340.520.400.450.750.580.850.88
Interest0.250.500.220.200.190.120.270.210.280.370.390.320.40
Depreciation0.480.480.480.440.420.410.370.340.340.340.350.330.34
Profit before tax0.61-0.400.841.190.951.461.422.430.320.260.50-0.94-3.77
Tax %67.21%405.00%-21.43%0.84%49.47%-19.86%-7.75%58.85%90.62%57.69%98.00%-21.28%3.45%
Net Profit0.191.221.021.180.491.751.521.000.040.100.01-1.14-3.64
EPS in Rs0.140.900.750.870.361.291.120.740.030.070.01-0.84-2.68

Last Updated: July 10, 2024, 3:29 pm

Bang Overseas Ltd Quarterly Chart

Bang Overseas Ltd Profit & Loss

Last Updated: July 10, 2024, 3:29 pm

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales1882701941481591731871681105783117130
Expenses1852642091491551671841661095878113137
Operating Profit36-15-156321-164-8
OPM %2%2%-8%-1%3%4%1%1%1%-2%7%3%-6%
Other Income44433443105223
Interest6555521111111
Depreciation1113222222211
Profit before tax-04-17-616428154-7
Tax %400%64%1%5%-11%35%13%95%5%-49%2%67%
Net Profit01-17-614307151-8
EPS in Rs0.090.97-12.60-4.120.842.802.350.075.381.033.640.85-5.88
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%0%

Bang Overseas Ltd Profit & Loss Yearly Chart

Bang Overseas Ltd Growth

Compounded Sales Growth
10 Years:-4%
5 Years:-4%
3 Years:33%
TTM:14%
Compounded Profit Growth
10 Years:4%
5 Years:%
3 Years:%
TTM:-829%
Stock Price CAGR
10 Years:15%
5 Years:6%
3 Years:5%
1 Year:5%
Return on Equity
10 Years:0%
5 Years:0%
3 Years:-1%
Last Year:-9%

Last Updated: July 24, 2024, 6:02 pm

Bang Overseas Ltd Balance Sheet

Last Updated: July 10, 2024, 3:29 pm

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital14141414141414141414141414
Reserves76765953546670707778838470
Borrowings53717741424431292724283330
Other Liabilities18181830282752453422203440
Total Liabilities159179168138139151166157152138145165153
Fixed Assets18192221202832312020181818
CWIP1010100000000002
Investments000111110000000
Other Assets131149135106108122134126131117126146133
Total Assets159179168138139151166157152138145165153

Bang Overseas Ltd Reserves and Borrowings Chart

Bang Overseas Ltd Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity -163374-07314-1411-13
Cash from Investing Activity -5-1-0-1-2-3-52210-1617
Cash from Financing Activity 152-40-31-71-3-544-4
Net Cash Flow-75-4-0-0-3-001-0-1-0

Bang Overseas Ltd Financial Efficiency Indicators

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days113159710612115813919135429718289
Inventory Days449510090916692148208190188261
Days Payable222976686311296127167107125126
Cash Conversion Cycle13680121129149112135212395380245224
Working Capital Days154175139136159128152278518419278242
ROCE %6%-8%-0%6%6%4%3%2%2%5%4%

Bang Overseas Ltd Financial Efficiency Indicators Chart

Bang Overseas Ltd Share Holding Pattern

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters72.98%72.98%72.98%72.98%72.98%72.98%72.76%72.98%72.98%72.98%72.98%72.98%
FIIs0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.01%0.02%0.00%
Public27.02%27.02%27.02%27.02%27.02%27.02%27.23%27.01%27.02%27.01%27.01%27.02%
No. of Shareholders4,9665,5925,6855,8588,0457,8327,7607,6037,4817,2787,0356,533

Bang Overseas Ltd Shareholding Pattern Chart

No. of Bang Overseas Ltd Shareholders

This stock is not held by any mutual fund

Bang Overseas Ltd ROCE Trend

Bang Overseas Ltd EPS Trend

Bang Overseas Ltd Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)-6.180.853.641.035.38
Diluted EPS (Rs.)-6.180.853.641.035.38
Cash EPS (Rs.)-5.121.864.852.457.00
Book Value[Excl.RevalReserv]/Share (Rs.)65.8672.0471.1667.6266.57
Book Value[Incl.RevalReserv]/Share (Rs.)65.8672.0471.1667.6266.57
Revenue From Operations / Share (Rs.)98.6186.6861.5842.1281.57
PBDIT / Share (Rs.)-4.074.525.493.023.65
PBIT / Share (Rs.)-5.133.514.281.612.02
PBT / Share (Rs.)-6.242.593.710.695.63
Net Profit / Share (Rs.)-6.180.843.641.035.38
NP After MI And SOA / Share (Rs.)-6.180.843.641.035.38
PBDIT Margin (%)-4.135.218.917.184.47
PBIT Margin (%)-5.194.056.953.812.48
PBT Margin (%)-6.322.996.011.636.90
Net Profit Margin (%)-6.260.975.902.446.58
NP After MI And SOA Margin (%)-6.260.975.902.446.58
Return on Networth / Equity (%)-9.371.175.111.528.07
Return on Capital Employeed (%)-7.224.525.822.282.83
Return On Assets (%)-5.270.693.411.014.80
Long Term Debt / Equity (X)0.060.060.020.030.05
Total Debt / Equity (X)0.300.330.280.250.29
Asset Turnover Ratio (%)0.820.760.600.400.66
Current Ratio (X)2.142.122.662.592.27
Quick Ratio (X)0.921.321.941.971.63
Inventory Turnover Ratio (X)0.250.430.440.310.53
Interest Coverage Ratio (X)-3.674.929.513.303.79
Interest Coverage Ratio (Post Tax) (X)-4.561.927.302.131.83
Enterprise Value (Cr.)85.7677.1467.7453.7840.06
EV / Net Operating Revenue (X)0.640.650.810.940.36
EV / EBITDA (X)-15.5212.589.1013.118.10
MarketCap / Net Operating Revenue (X)0.460.400.530.660.19
Price / BV (X)0.690.480.450.410.23
Price / Net Operating Revenue (X)0.460.400.530.660.19
EarningsYield-0.130.020.110.030.34

Bang Overseas Ltd Profitability Ratios (%)

Bang Overseas Ltd Liquidity Ratios

Bang Overseas Ltd Liquidity Ratios (%)

Bang Overseas Ltd Interest Coverage Ratios (%)

Bang Overseas Ltd Valuation Ratios

Fair Value

Fair Value: 90.34

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

Undervalued: 85.89% compared to the current price 48.6

Default values used*: Deafault value of 15 for Stock P/E is used

Intrinsic Value: 54.73

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 12.60% compared to the current price 48.6

Default values used*: Deafault value of 15 for Stock P/E is used

Last 5 Year EPS CAGR: -39.42%

*Investments are subject to market risks

Strength and Weakness of Bang Overseas Ltd Stock

StrengthWeakness
  1. The company has higher reserves (70.50 cr) compared to borrowings (39.50 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (152.62 cr) and profit (0.38 cr) over the years.
  1. The stock has a low average ROCE of 2.50%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 231.50, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 193.17, which may not be favorable.

FAQ

What is the latest fair value of Bang Overseas Ltd?

The latest fair value of Bang Overseas Ltd is ₹90.34.

What is the Market Cap of Bang Overseas Ltd?

The Market Cap of Bang Overseas Ltd is 65.8 Cr..

What is the current Stock Price of Bang Overseas Ltd as on 27 July 2024?

The current stock price of Bang Overseas Ltd as on 27 July 2024 is 48.6.

What is the High / Low of Bang Overseas Ltd stocks in FY 2024?

In FY 2024, the High / Low of Bang Overseas Ltd stocks is 76.5/40.6.

What is the Stock P/E of Bang Overseas Ltd?

The Stock P/E of Bang Overseas Ltd is .

What is the Book Value of Bang Overseas Ltd?

The Book Value of Bang Overseas Ltd is 65.9.

What is the Dividend Yield of Bang Overseas Ltd?

The Dividend Yield of Bang Overseas Ltd is 0.00 %.

What is the ROCE of Bang Overseas Ltd?

The ROCE of Bang Overseas Ltd is 5.62 %.

What is the ROE of Bang Overseas Ltd?

The ROE of Bang Overseas Ltd is 8.96 %.

What is the Face Value of Bang Overseas Ltd?

The Face Value of Bang Overseas Ltd is 10.0.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Bang Overseas Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE