Bang Overseas Ltd.
NSE: BANG · Garments & Apparels · sector
Key numbers
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 43 companies in Garments & Apparels (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹4 cr vs borrowings ₹41 cr (FY26): borrowings are higher by ₹37 cr.
- Operating profit covered interest 2.7x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 3 of the last 5 years (FY26, FY24, FY22).
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 44% of net profit in the last 12 months.
- Debtor days went from 89 (FY24) to 48 (FY26).
- No dividend in the last 5 financial years.
- Price ₹27.07 on 2026-10-26: -56.4% from the 52-week high, +4.8% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 48 | 50 | 48 | 49 | 58 | 59 | 58 | 57 |
| EBITDA | 0 | 1 | 2 | 1 | 2 | 1 | 2 | 2 |
| OPM % | 0.9% | 1.6% | 4.3% | 2.6% | 3.0% | 1.7% | 4.0% | 2.7% |
| Other income | 1 | 1 | 1 | 0 | 0 | 0 | 1 | 0 |
| Net profit | 0 | 0 | 2 | 2 | 2 | 0 | 3 | 0 |
| EPS (₹) | 0.01 | 0.34 | 1.27 | 1.25 | 1.10 | 0.18 | 1.86 | 0.25 |
| Revenue YoY | +19.9% | +17.9% | +20.4% | +17.8% | ||||
| Profit YoY | +7,400.0% | -47.8% | +45.7% | -79.9% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 84 | 118 | 134 | 189 | 224 | 233 |
| EBITDA | 6 | 4 | -8 | -3 | 6 | 7 |
| Net profit | 5 | 1 | -8 | -2 | 6 | 5 |
| EPS (₹) | 3.64 | 0.85 | -6.18 | -1.60 | 4.39 | 3.39 |
| Revenue growth | +40.8% | +13.8% | +41.2% | +18.6% | +19.0% | |
| Profit growth | -76.7% | -828.7% | – | – | +18.0% | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +24.0% | +31.4% | +19.0% |
| Net profit | +72.9% | +33.6% | +18.0% |
| EPS | +72.9% | +33.6% | – |
| Share price | – | -25.8% (2y) | -46.7% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 98 | 89 | 87 | 93 |
| Borrowings | – | 33 | 27 | 26 | 41 |
| Cash & equivalents | – | 4 | 4 | 4 | 4 |
| Total assets | – | 165 | 159 | 171 | 190 |
| Fixed assets | – | 18 | 19 | 18 | 17 |
| Capital work in progress | – | 0 | – | – | 0 |
| Investments | – | 0 | 0 | 0 | 0 |
| Receivables | – | 58 | 33 | 30 | 30 |
| Inventory | – | 47 | 76 | 94 | 85 |
| Payables | – | 32 | 37 | 54 | 48 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | -14 | 11 | -13 | -2 | -13 |
| Cash from investing | 10 | -16 | 17 | 6 | 2 |
| Cash from financing | 4 | 4 | -4 | -3 | 11 |
| Capex | 1 | 2 | 3 | 0 | 0 |
| Free cash flow | -14 | 9 | -16 | -2 | -13 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 1.2% | -9.4% | -2.5% | 6.4% |
| ROCE % | – | 3.6% | -6.0% | -2.0% | 5.3% |
| Debtor days | – | 181 | 89 | 58 | 48 |
| Inventory days | – | 188 | 261 | 249 | 180 |
| Payable days | – | 125 | 126 | 143 | 101 |
| Cash conversion cycle (days) | – | 244 | 224 | 164 | 127 |
| Working capital days | – | 207 | 194 | 129 | 126 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 67.89% |
| Public (non-institutions) | 32.11% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 67.87% | 67.87% | 67.87% | 67.87% | 67.87% | 67.87% | 67.89% | 67.89% |
| Promoter group | % |
|---|---|
| Harshvardhan Bang | 15.17% |
| Brijgopal Bang | 11.22% |
| Krishna Kumar Bang | 9.60% |
| Ramanuj DAS Bang | 8.28% |
| Vandana Brijgopal Bang | 4.89% |
| Rangnath Shivnarayan Bang | 4.83% |
| Narayan DAS Bang | 4.77% |
| Varadraj Rangnath Bang | 2.50% |
| Vasudev Rangnath Bang | 2.21% |
| Laxminiwas Bang | 0.40% |
| Venugopal Bang | 0.40% |
| Sampatkumar Bang | 0.40% |
| Madhu Sudan Bang | 0.35% |
| Girdhar Gopal Bang | 0.35% |
| Rajgopal Balaram Bang | 0.35% |
| Public holders above 1% | % |
|---|---|
| Religare Finvest Ltd | 2.07% |
| Real Capital Financial Services Private Limited | 1.27% |
7,427 shareholders. Pledged: 0.00% of promoter shares.
Peers in Garments & Apparels
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| PAGEIND | ₹37,823 cr | 50.0x | 25.2x | 52.0% | 70.2% | 20.8% | +3.1% | 1.77% |
| ARVIND | ₹12,646 cr | 30.5x | 3.1x | 10.6% | 14.2% | 10.5% | +3.5% | 0.82% |
| PGIL | ₹11,177 cr | 36.0x | 7.7x | 23.7% | 21.2% | 9.6% | +16.7% | 0.54% |
| GOKEX | ₹4,743 cr | 46.0x | 2.2x | 4.9% | 8.9% | 8.8% | +21.5% | – |
| LUXIND | ₹3,206 cr | 30.1x | 1.8x | 5.7% | 7.5% | 6.2% | +7.2% | 0.05% |
| SBC | ₹3,034 cr | 75.0x | 30.3x | 47.3% | 15.2% | 8.6% | +27.2% | – |
| KKCL | ₹2,604 cr | 17.6x | 2.8x | 16.8% | 22.9% | 19.9% | +15.9% | 0.96% |
| KITEX | ₹2,206 cr | – | 2.1x | -2.8% | 1.0% | 3.5% | +6.2% | 0.45% |
| SPAL | ₹2,085 cr | 19.8x | 2.2x | 11.7% | 14.3% | 14.1% | +13.6% | 0.24% |
| BANG | ₹37 cr | 8.0x | 0.4x | 5.1% | 5.5% | 2.9% | +24.0% | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2024-09-20 | Other | Annual General Meeting |
| 2023-09-20 | Other | Annual General Meeting |
| 2022-09-23 | Other | Annual General Meeting |
| 2021-09-22 | Other | Annual General Meeting |
| 2020-12-22 | Other | Annual General Meeting |
| 2019-09-20 | Other | Annual General Meeting |
| 2018-09-19 | Other | Annual General Meeting |
| 2017-09-21 | Other | Annual General Meeting |
| 2016-09-21 | Other | Annual General Meeting |
| 2015-09-22 | Other | Annual General Meeting |
| 2014-09-18 | Other | Annual General Meeting |
| 2013-09-12 | Other | Annual General Meeting |
| 2012-09-25 | Other | Annual General Meeting |
| 2011-09-26 | Other | Annual General Meeting |
| 2011-08-24 | Restructuring | Scheme Of Arrangement |
| 2010-09-22 | Other | Annual General Meeting |
| 2009-09-24 | Other | Annual General Meeting |
| 2008-09-23 | Other | Annual General Meeting |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Consumer Discretionary |
| Industry | Garments & Apparels |
| Sub-industry | Garments & Apparels |
| Symbol | BANG |
| BSE code | 532946 |
| ISIN | INE863I01016 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.