What we do Banaras Beads Ltd manufactures and exports handicraft items like glass beads, imitation jewellery, and fashion accessories globally, serving over 70 countries. |
Founded in 1,980 |
Market share India's largest manufacturer in glass beads and fashion jewellery sectors with significant global export footprint. |
Problem solved Provides high-quality, competitively priced fashion jewellery and handicrafts to international markets, fulfilling demand for affordable stylish products. |
Top clients or who we serve Mainly B2B supplying large multinational chains like Michaels and Walmart in the US and Europe. |
Key management Chairman & Managing Director: Ashok Kumar Gupta; CEO & Managing Director: Siddharth Gupta; Experienced leadership steering global growth. |
Our journey and innovations Started with glass beads in 1980, diversified into woollen products, jewellery, and handicrafts; adopted CAD technology; expanded export markets. |
Where we operate Exports to over 70 countries including the United States and Europe; headquartered in India. |
Top products or what we offer Glass beads, imitation jewellery, fashion accessories, and handicrafts made from various materials including semi-precious stones. |
Top brands Banaras Beads is recognized for its quality glass beads and fashion jewellery, key revenue drivers with a vast product portfolio. |
Raw materials needed Glass, clay, brass, aluminium, copper, resin, ceramics, horn, bone, semi-precious stones, leather cords, cotton wax cords. |
Raw materials supplier Sourced from multiple domestic and international suppliers specialized in handicraft raw materials. |
Recurring vs cyclical contribution Revenue primarily recurring through consistent export orders and sustained international demand. |
Our industry position Market leader in India’s glass bead manufacturing and fashion jewellery export sector with a strong global presence. |
Financial highlights FY 2024-25 Revenue: Rs 31.56 crore; Net Profit: Rs 3.09 crore; Revenue growth ~12%; Net profit growth ~12%. |
Geographical revenue split Majority revenue from exports (approx. 29.7 crore Rs), minimal domestic sales. |
Order book Stable export order book supporting recurring revenues, despite some US market tariff challenges. |
Whats driving growth Increased international demand, ongoing product innovation, expanding client base, and digital design integration. |
Our future plans Continue modernizing manufacturing, expand export markets, and resolve trade challenges with US buyers. |
Our green promise Operational measures to conserve energy including solar power usage; committed to sustainable practices. |
Our people and values 236 employees; focus on quality, efficiency, ethical business practices, and corporate governance. |
Key challenges ahead Trade tariffs impacting US orders, regulatory compliance, and intense global competition. |
Interesting facts Oldest and largest glass bead manufacturer in India; approved export house by the government. |
Risks and strategy Mitigating tariff and regulatory risks through diversification and strengthened international relations. |
