Binani Industries Ltd

Binani Industries Ltd

₹ 15.2 -3.11%
26 Dec - close price
About

Incorporated in 1962, Binani Industries Ltd is in the business of Media, Logistics, Zinc, and Other products[1]

Key Points

Business Overview:[1]
BIL is the holding company of manufacturing businesses of Braj Binani Group. The group works in zinc, glass fibre and downstream composite products sectors. Company earns revenue through royalty income from its subsidiaries for usage of its brand name and also earns revenue for management services that it provides to its group companies

  • Market Cap 47.8 Cr.
  • Current Price 15.2
  • High / Low 22.4 / 13.2
  • Stock P/E
  • Book Value -59.1
  • Dividend Yield 0.00 %
  • ROCE %
  • ROE %
  • Face Value 10.0

Pros

Cons

  • Company has low interest coverage ratio.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Miscellaneous Industry: Miscellaneous

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
0.34 0.26 0.39 0.34 0.38 0.36 0.42 0.00 0.00 0.00 0.00 0.00 0.00
0.33 0.00 0.67 0.99 0.09 0.05 93.05 0.57 2.95 1.85 0.75 0.53 0.54
Operating Profit 0.01 0.26 -0.28 -0.65 0.29 0.31 -92.63 -0.57 -2.95 -1.85 -0.75 -0.53 -0.54
OPM % 2.94% 100.00% -71.79% -191.18% 76.32% 86.11% -22,054.76%
0.00 0.84 1.91 0.00 0.01 0.03 0.82 0.01 0.00 0.00 0.28 8.70 0.00
Interest 0.83 0.85 0.85 -0.01 0.91 0.90 3.60 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.06 0.07 0.06 0.06 0.06 0.02 0.02 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax -0.88 0.18 0.72 -0.70 -0.67 -0.58 -95.43 -0.56 -2.95 -1.85 -0.47 8.17 -0.54
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
-0.88 0.18 0.72 -0.70 -0.67 -0.58 -95.43 -0.56 -2.95 -1.85 -0.47 8.17 -0.54
EPS in Rs -0.28 0.06 0.23 -0.22 -0.21 -0.18 -30.42 -0.18 -0.94 -0.59 -0.15 2.60 -0.17
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
179.28 120.66 46.60 260.60 158.97 36.97 2.32 0.92 0.69 1.26 1.50 0.00 0.00
118.38 -157.05 -143.61 198.31 115.39 49.37 24.41 13.22 5.16 4.62 4.31 5.98 3.67
Operating Profit 60.90 277.71 190.21 62.29 43.58 -12.40 -22.09 -12.30 -4.47 -3.36 -2.81 -5.98 -3.67
OPM % 33.97% 230.16% 408.18% 23.90% 27.41% -33.54% -952.16% -1,336.96% -647.83% -266.67% -187.33%
49.07 11.34 8.20 6.70 24.91 59.59 -1,589.46 17.49 4.77 6.10 -90.80 0.14 8.98
Interest 93.84 268.18 184.59 49.90 52.49 51.13 2.69 2.90 3.11 3.36 3.62 0.00 0.00
Depreciation 1.19 1.27 1.77 2.21 1.70 0.85 0.74 0.42 0.36 0.26 0.16 0.00 0.00
Profit before tax 14.94 19.60 12.05 16.88 14.30 -4.79 -1,614.98 1.87 -3.17 -0.88 -97.39 -5.84 5.31
Tax % 17.07% 0.00% 0.00% -13.33% 25.31% 5.43% 9.83% 5,598.40% 0.00% 0.00% 0.00% 0.00%
12.38 19.60 12.05 19.13 10.67 -5.05 -1,773.79 -102.83 -3.17 -0.88 -97.39 -5.84 5.31
EPS in Rs 4.18 6.62 4.07 6.46 3.40 -1.61 -565.51 -32.78 -1.01 -0.28 -31.05 -1.86 1.69
Dividend Payout % 71.78% 45.34% 73.74% 6.56% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -100%
Compounded Profit Growth
10 Years: %
5 Years: 15%
3 Years: -16%
TTM: 97%
Stock Price CAGR
10 Years: -17%
5 Years: 21%
3 Years: %
1 Year: -5%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 29.62 29.62 29.62 31.38 31.38 31.38 31.38 31.38 31.38 31.38 31.38 31.38 31.38
Reserves 168.57 2,868.83 2,343.99 2,188.23 2,195.22 2,228.95 947.58 44.66 -68.35 -121.02 -218.43 -224.44 -216.82
1,390.53 1,687.59 1,762.04 1,712.88 1,706.11 1,711.01 69.21 94.84 87.40 94.20 173.52 172.03 172.98
34.91 89.59 268.89 560.55 515.20 535.71 109.10 59.04 39.53 38.15 33.08 36.76 28.02
Total Liabilities 1,623.63 4,675.63 4,404.54 4,493.04 4,447.91 4,507.05 1,157.27 229.92 89.96 42.71 19.55 15.73 15.56
7.23 8.97 6.60 47.74 45.58 44.85 8.05 4.32 3.33 3.57 0.00 0.00 0.00
CWIP 0.54 0.00 0.00 0.80 0.47 0.47 0.03 0.00 0.00 0.00 0.00 0.00 0.00
Investments 1,395.25 4,444.95 4,188.60 4,254.18 4,221.86 4,302.76 878.83 155.04 48.42 0.05 0.04 0.00 0.00
220.61 221.71 209.34 190.32 180.00 158.97 270.36 70.56 38.21 39.09 19.51 15.73 15.56
Total Assets 1,623.63 4,675.63 4,404.54 4,493.04 4,447.91 4,507.05 1,157.27 229.92 89.96 42.71 19.55 15.73 15.56

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
23.99 -12.69 34.94 -44.20 -14.92 -15.79 0.14 -18.79 -24.93 -54.68 -1.01 -2.74
-313.13 -80.30 -26.13 29.60 19.56 17.21 -1.41 -2.77 32.66 51.76 -2.33 0.25
169.60 92.22 17.01 -7.75 -7.64 -2.85 2.21 22.74 -7.93 3.10 1.31 2.51
Net Cash Flow -119.54 -0.77 25.82 -22.35 -2.99 -1.42 0.94 1.18 -0.20 0.18 -2.03 0.02

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 37.85 112.50 238.89 83.06 82.06 279.50 1,253.90 75.38 724.71 156.43 2.43
Inventory Days 0.00 0.00
Days Payable
Cash Conversion Cycle 37.85 112.50 238.89 83.06 82.06 279.50 1,253.90 75.38 724.71 156.43 2.43
Working Capital Days 197.97 -161.32 -1,705.71 -333.14 -625.67 -3,645.95 -12,458.77 -12,136.25 -4,877.25 -2,514.44 -4,236.43
ROCE % 4.78% 9.34% 4.52% 1.66% 1.34% 1.17% -0.01% 1.36% -0.84% 8.98%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
52.62% 52.62% 52.62% 52.62% 52.62% 52.62% 52.62% 52.62% 52.62% 52.62% 52.62% 52.62%
0.32% 0.32% 0.32% 0.32% 0.32% 0.32% 0.32% 0.32% 0.32% 0.32% 0.32% 0.00%
1.76% 1.76% 1.76% 1.76% 1.76% 1.76% 1.76% 1.76% 1.76% 1.76% 1.76% 1.76%
45.30% 45.30% 45.30% 45.31% 45.30% 45.30% 45.31% 45.31% 45.30% 45.30% 45.30% 45.62%
No. of Shareholders 42,34942,33042,32442,30442,29041,24940,71240,21039,86839,67139,31639,197

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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