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Banaras Beads Ltd.

BSE: 526849 Sector: Industrials
NSE: BANARBEADS ISIN Code: INE655B01011
BSE 00:00 | 30 Sep 78.30 1.95
(2.55%)
OPEN

78.85

HIGH

78.85

LOW

78.30

NSE 00:00 | 30 Sep 77.30 -1.20
(-1.53%)
OPEN

79.20

HIGH

79.45

LOW

76.30

OPEN 78.85
PREVIOUS CLOSE 76.35
VOLUME 112
52-Week high 116.00
52-Week low 60.05
P/E 15.85
Mkt Cap.(Rs cr) 52
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 78.85
CLOSE 76.35
VOLUME 112
52-Week high 116.00
52-Week low 60.05
P/E 15.85
Mkt Cap.(Rs cr) 52
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Banaras Beads Ltd. (BANARBEADS) - Chairman Speech

Company chairman speech

Dear Shareholders

It is my privilege to report the Annual results for the F.Y. 2021-2022.

I am happy to state that in this financial year the company has beenable to increase revenue from operations and Profit after Tax by more than 22% incomparison of previous year despite the continued impact of Covid-19 pandemic. This is onaccount of continuous efforts of Management support of US based large Customers (ChainStores) and improvement in quality and punctuality in execution of orders by the companyand team efforts of staff. We hope during incoming periods the turnover and profit bothwill be increase.

Your company is leading Exporter of Glass Beads Handicrafts and itsrelated items and having biggest market in US of its products. Normally the companyprocures its order by participating in International fares and personal meeting withForeign Buyers but due to Covid it is not possible to attend fare/meetings with Buyers.Under these adverse circumstances the company started online meetings with Buyers byshowing new developed items to procure orders which gave good results.

We are in process to expand company business in developing operatingand maintaining industrial parks logistic parks warehouses infrastructure projects;etc. keeping better opportunities.

I want to record my appreciation for co-operation and support providedby the directors auditors buyers suppliers bankers artisans employees and associatesof the company in every field of your Company's activities.

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