Past 10 year’s financial track record analysis by Moneyworks4me indicates that Bang Overseas Ltd is a below average quality company.
The key valuation ratios of Bang Overseas Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Bang Overseas Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
| Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % ⓘ | -0.7% | 5.7% | 7% | 4.4% | 3% | 8.2% | 1.8% | 4.9% | 3.8% | -5.3% | - |
| Value Creation Index ⓘ | -1.1 | -0.6 | -0.5 | -0.7 | -0.8 | -0.4 | -0.9 | -0.7 | -0.7 | -1.4 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||||||||
| Sales ⓘ | 129 | 146 | 159 | 169 | 154 | 98.5 | 56.6 | 80.4 | 122 | 134 | 165 |
| Sales YoY Gr. | - | 13.3% | 8.9% | 6.1% | -8.7% | -36.1% | -42.5% | 42% | 52.3% | 9.2% | - |
| Adj EPS ⓘ | -3.9 | 0.9 | 2.8 | 2.4 | 0 | 2.1 | 1 | 3.5 | 0.9 | -5.3 | -5.5 |
| YoY Gr. | - | NA | 230.2% | -14.4% | -99.6% | 20500% | -53.4% | 267.7% | -75.6% | -717.4% | - |
| BVPS (₹) ⓘ | 43.4 | 44.3 | 51.8 | 54.2 | 54.4 | 59.6 | 60.6 | 63.9 | 64.8 | 59.5 | 56.1 |
| Adj Net Profit ⓘ | -5.3 | 1.2 | 3.9 | 3.3 | 0 | 2.8 | 1.3 | 4.8 | 1.2 | -7.2 | -7 |
| Cash Flow from Ops. ⓘ | 29.9 | 4.7 | 6.3 | 4 | 7.2 | 0.2 | 3.1 | -13.4 | 11.4 | -12.1 | - |
| Debt/CF from Ops. ⓘ | 1.3 | 8.5 | 5.9 | 7.6 | 4 | 119.7 | 7.8 | -2.1 | 2.8 | -2.2 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | 0.4% | -2.8% | 33.2% | 9.2% | ||||
| Adj EPS ⓘ | NA | -450.8% | -276.9% | -717.4% | ||||
| BVPSⓘ | 3.6% | 1.8% | -0.6% | -8.2% | ||||
| Share Price | 23.7% | 39.8% | 35.1% | 85.8% | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | -8.7 | 2 | 5.9 | 4.6 | 0 | 3.6 | 1.6 | 5.7 | 1.3 | -8.6 | -9.4 |
| Op. Profit Mgn % ⓘ | -0.7 | 3.1 | 3.9 | 1.5 | 1.4 | 0.6 | -2.2 | 6.6 | 3 | -5.6 | -5.4 |
| Net Profit Mgn % ⓘ | -4.1 | 0.8 | 2.4 | 2 | 0 | 2.8 | 2.3 | 6 | 1 | -5.4 | -4.5 |
| Debt to Equity ⓘ | 0.7 | 0.7 | 0.5 | 0.4 | 0.4 | 0.3 | 0.3 | 0.3 | 0.4 | 0.3 | 0.1 |
| Working Cap Days ⓘ | 208 | 205 | 208 | 218 | 243 | 383 | 663 | 448 | 345 | 326 | 134 |
| Cash Conv. Cycle ⓘ | 115 | 111 | 131 | 122 | 127 | 185 | 317 | 282 | 210 | 182 | 64 |
Sales growth is growing at healthy rate in last 3 years 33.18%
Sales growth is good in last 4 quarters at 31.09%
Return on Equity is Poor
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | -5.5 | -5.9 |
| TTM Sales (₹ Cr.) | 165 | 164 |
| BVPS (₹.) ⓘ | 56.1 | 62.7 |
| Reserves (₹ Cr.) ⓘ | 63 | 71 |
| P/BV ⓘ | 1.59 | 1.42 |
| PE ⓘ | 0.00 | 0.00 |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 42.83 / 96.40 |
| All Time Low / High (₹) | 5.90 / 307.80 |
| Market Cap (₹ Cr.) | 121 |
| Equity (₹ Cr.) | 13.6 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 30.2 |
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 129 | 146 | 159 | 169 | 154 | 98 | 57 | 80 | 122 | 134 |
| Operating Expenses ⓘ | 130 | 142 | 153 | 166 | 152 | 98 | 58 | 75 | 119 | 141 |
| Manufacturing Costs | 7 | 7 | 18 | 20 | 13 | 17 | 10 | 11 | 13 | 13 |
| Material Costs | 97 | 105 | 104 | 121 | 121 | 65 | 39 | 53 | 90 | 97 |
| Employee Cost | 17 | 21 | 20 | 17 | 12 | 10 | 3 | 5 | 8 | 10 |
| Other Costs ⓘ | 9 | 9 | 12 | 9 | 7 | 7 | 5 | 6 | 7 | 22 |
| Operating Profit ⓘ | -1 | 5 | 6 | 3 | 2 | 1 | -1 | 5 | 4 | -7 |
| Operating Profit Margin (%) | -0.7% | 3.1% | 3.8% | 1.5% | 1.4% | 0.6% | -2.4% | 6.3% | 3.0% | -5.6% |
| Other Income ⓘ | 3 | 3 | 3 | 4 | 3 | 4 | 5 | 2 | 2 | 3 |
| Interest ⓘ | 5 | 5 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation ⓘ | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 | 0 | 6 | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | -6 | 1 | 6 | 4 | 2 | 7 | 1 | 5 | 3 | -7 |
| Tax ⓘ | 0 | 0 | 2 | 0 | 2 | 0 | 0 | 0 | 2 | 0 |
| Profit After Tax | -5 | 1 | 4 | 3 | 0 | 7 | 1 | 5 | 1 | -7 |
| PAT Margin (%) | -4.1% | 0.8% | 2.4% | 2.0% | 0.0% | 7.3% | 2.2% | 5.7% | 1.0% | -5.4% |
| Adjusted EPS (₹) | -3.9 | 0.9 | 2.8 | 2.4 | 0.1 | 5.3 | 0.9 | 3.4 | 0.9 | -5.3 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 59 | 60 | 70 | 74 | 74 | 81 | 82 | 87 | 88 | 81 |
| Share Capital ⓘ | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 |
| Reserves ⓘ | 45 | 46 | 57 | 60 | 60 | 67 | 69 | 73 | 74 | 67 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt | 38 | 40 | 37 | 30 | 28 | 26 | 23 | 27 | 31 | 26 |
| Long Term Debt | 1 | 0 | 0 | 5 | 6 | 5 | 3 | 2 | 6 | 6 |
| Short Term Debt | 37 | 40 | 36 | 25 | 22 | 21 | 20 | 25 | 25 | 20 |
| Trade Payables | 24 | 19 | 21 | 40 | 36 | 27 | 20 | 13 | 29 | 37 |
| Others Liabilities ⓘ | 8 | 13 | 12 | 6 | 6 | 3 | -1 | 0 | 3 | 3 |
| Total Liabilities ⓘ | 129 | 132 | 140 | 149 | 144 | 137 | 124 | 126 | 150 | 146 |
Fixed Assets | ||||||||||
| Gross Block | 29 | 31 | 31 | 37 | 37 | 38 | 39 | 37 | 36 | 38 |
| Accumulated Depreciation | 9 | 11 | 13 | 15 | 16 | 18 | 19 | 19 | 18 | 19 |
| Net Fixed Assetsⓘ | 20 | 20 | 18 | 22 | 21 | 20 | 20 | 18 | 18 | 19 |
| CWIP ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investmentsⓘ | 13 | 16 | 15 | 14 | 14 | 1 | 1 | 1 | 1 | 1 |
| Inventories | 30 | 29 | 32 | 26 | 33 | 33 | 21 | 24 | 37 | 69 |
| Trade Receivables | 37 | 43 | 53 | 71 | 55 | 49 | 50 | 62 | 57 | 31 |
| Cash Equivalents | 11 | 11 | 10 | 6 | 6 | 6 | 7 | 4 | 3 | 3 |
| Others Assetsⓘ | 17 | 14 | 13 | 10 | 15 | 28 | 25 | 18 | 35 | 23 |
| Total Assets ⓘ | 129 | 132 | 140 | 149 | 144 | 137 | 124 | 126 | 150 | 146 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | 30 | 5 | 6 | 4 | 7 | 0 | 3 | -13 | 11 | -12 |
| PBT ⓘ | -6 | 1 | 6 | 4 | 2 | 7 | 1 | 5 | 3 | -7 |
| Adjustment ⓘ | 6 | 5 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 |
| Changes in Working Capital ⓘ | 30 | -0 | -3 | -2 | 3 | -9 | 1 | -19 | 7 | -5 |
| Tax Paid ⓘ | -1 | 0 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash Flow From Investing Activity ⓘ | 0 | -3 | -2 | -3 | -5 | 2 | 2 | 10 | -15 | 19 |
| Capex | -2 | -2 | 0 | -6 | -2 | -1 | -2 | 0 | -1 | -3 |
| Net Investments | 0 | -2 | -3 | 2 | -4 | 2 | 2 | 8 | 0 | 4 |
| Others ⓘ | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | -14 | 17 |
| Cash Flow From Financing Activityⓘ | -33 | -2 | -4 | -4 | -3 | -2 | -4 | 3 | 3 | -7 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Proceeds from Borrowing ⓘ | 0 | 0 | 0 | 5 | 0 | -1 | -2 | -1 | 4 | -1 |
| Interest Paid ⓘ | -4 | -4 | -1 | 0 | -1 | -1 | -1 | 0 | -1 | -1 |
| Dividend Paid ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Others ⓘ | -29 | 2 | -3 | -9 | -2 | -1 | -1 | 5 | 0 | -5 |
| Net Cash Flow ⓘ | -3 | 0 | 0 | -3 | 0 | 0 | 1 | 0 | -1 | 0 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | -8.65 | 1.96 | 5.84 | 4.59 | 0.09 | 9.26 | 1.53 | 5.45 | 1.38 | -8.55 |
| ROCE (%) | -0.68 | 5.65 | 6.98 | 4.43 | 2.96 | 8.23 | 1.78 | 4.88 | 3.82 | -5.26 |
| Asset Turnover Ratio | 1.17 | 1.17 | 1.18 | 1.19 | 1.08 | 0.72 | 0.43 | 0.65 | 0.89 | 0.95 |
| PAT to CFO Conversion(x) | N/A | 5 | 1.5 | 1.33 | N/A | 0 | 3 | -2.6 | 11 | N/A | Working Capital Days |
| Receivable Days | 96 | 97 | 109 | 132 | 146 | 188 | 320 | 252 | 176 | 114 |
| Inventory Days | 71 | 71 | 69 | 62 | 68 | 118 | 173 | 101 | 90 | 138 |
| Payable Days | 66 | 74 | 70 | 92 | 115 | 178 | 203 | 101 | 81 | 121 |
Bang Overseas is one of the leading manufacturers and exporters of men's wear. Headquartered in Mumbai, the fast growing company was established in the year 1992. Since then it is engaged in the apparel, textile and retail market. The company has always focused on the men's wear section but, however, it also deals in providing rare services like concept development, designing, manufacturing to logistic and marketing
All its products are made from superior quality fabrics and are ranged very competitively. It has rigorous quality norms for its products and services, hence it has always been able to meet international standards. The company has built two fully equipped and modern apparels manufacturing units in Bangalore. These units have been made with state-of-the-art machinery that helps to manufacture flawless clothing for men. These two modern manufacturing units are named as Reunion Clothing Company and Formal Clothing Company.
Its range of men's wear has been made after careful research on the on going fashion trends. It closely follows both national and international clothing trends and work with innovative yet matured fashion designers to manufacture highly fashionable clothing for men. It caters to the demand of leading international and domestic brands and it also supply its high end products under its own brand name -- Thomas Scott.
Products of the company
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The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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