Binani Industries Ltd

Binani Industries Ltd

₹ 15.4 -1.35%
24 Jul - 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 48.3 Cr.
  • Current Price 15.4
  • High / Low 21.1 / 13.2
  • Stock P/E
  • Book Value -61.6
  • 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

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
0.20 0.26 0.34 0.26 0.40 0.34 0.40 0.36 0.42 0.00 0.00 0.00 0.00
6.82 1.09 1.24 0.92 1.26 1.17 1.20 1.02 145.85 0.57 0.58 4.22 2.06
Operating Profit -6.62 -0.83 -0.90 -0.66 -0.86 -0.83 -0.80 -0.66 -145.43 -0.57 -0.58 -4.22 -2.06
OPM % -3,310.00% -319.23% -264.71% -253.85% -215.00% -244.12% -200.00% -183.33% -34,626.19%
407.38 0.97 0.97 1.81 181.56 0.00 0.00 0.03 0.82 0.01 0.00 0.00 0.28
Interest 0.77 0.84 0.83 0.85 0.85 0.91 0.90 0.90 0.90 0.00 0.00 0.00 0.00
Depreciation 0.11 0.09 0.07 0.07 0.02 0.06 0.06 0.08 0.02 0.00 0.00 0.00 0.00
Profit before tax 399.88 -0.79 -0.83 0.23 179.83 -1.80 -1.76 -1.61 -145.53 -0.56 -0.58 -4.22 -1.78
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%
399.88 -0.79 -0.83 0.23 179.83 -1.80 -1.76 -1.61 -145.53 -0.56 -0.58 -4.22 -1.78
EPS in Rs 131.64 -0.25 -0.26 0.07 57.33 -0.57 -0.56 -0.51 -46.40 -0.18 -0.18 -1.35 -0.57
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
4,481.12 4,735.57 4,331.19 3,784.38 3,665.96 1,910.96 1,840.89 1,642.59 1.84 1.26 1.50 0.00
3,964.38 4,451.65 4,182.31 3,467.97 3,342.18 1,573.64 1,668.59 1,617.80 16.53 4.50 57.63 7.43
Operating Profit 516.74 283.92 148.88 316.41 323.78 337.32 172.30 24.79 -14.69 -3.24 -56.13 -7.43
OPM % 11.53% 6.00% 3.44% 8.36% 8.83% 17.65% 9.36% 1.51% -798.37% -257.14% -3,742.00%
55.22 -114.32 32.15 26.42 56.53 13.04 1,422.02 -834.76 300.47 185.30 -90.81 0.28
Interest 461.62 621.61 597.97 643.46 679.94 202.76 179.14 213.35 5.12 3.37 3.62 0.00
Depreciation 283.55 300.23 258.10 256.81 236.89 109.96 157.61 165.91 0.84 0.26 0.16 0.00
Profit before tax -173.21 -752.24 -675.04 -557.44 -536.52 37.64 1,257.57 -1,189.23 279.82 178.43 -150.72 -7.15
Tax % 20.37% -11.84% -3.83% -22.58% -12.56% 39.90% 13.36% 5.54% 0.00% 0.00% 0.00% 0.00%
-208.48 -663.18 -649.18 -431.59 -469.13 22.62 1,089.53 -1,255.12 279.82 178.43 -150.72 -7.15
EPS in Rs -70.44 -220.66 -216.28 -140.85 -146.95 8.33 347.49 -395.75 93.36 56.89 -48.05 -2.28
Dividend Payout % -4.26% -1.36% -1.39% 0.00% 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: 7%
5 Years: 14%
3 Years: 14%
TTM: 88%
Stock Price CAGR
10 Years: -18%
5 Years: 4%
3 Years: %
1 Year: 5%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 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
Reserves 154.92 -319.03 -1,172.95 -741.08 -1,684.22 -1,594.95 3.16 -624.91 -326.11 -163.36 -218.43 -224.46
4,363.55 5,127.29 5,998.47 6,341.61 6,691.61 6,667.52 2,330.22 2,621.22 496.25 187.78 173.52 172.03
1,957.13 2,117.50 1,723.37 2,272.82 2,337.25 2,467.32 813.34 1,170.00 238.15 38.17 33.09 36.78
Total Liabilities 6,505.22 6,955.38 6,578.51 7,904.73 7,376.02 7,571.27 3,178.10 3,197.69 439.67 93.97 19.56 15.73
4,764.14 5,040.49 4,611.96 5,803.87 5,212.88 5,372.01 2,169.46 2,167.80 19.22 3.57 0.00 0.00
CWIP 283.87 352.03 290.71 257.80 259.29 292.27 141.54 196.05 3.65 0.00 0.00 0.00
Investments 0.28 0.23 0.31 29.87 28.14 26.52 25.20 25.19 73.60 0.00 0.00 0.00
1,456.93 1,562.63 1,675.53 1,813.19 1,875.71 1,880.47 841.90 808.65 343.20 90.40 19.56 15.73
Total Assets 6,505.22 6,955.38 6,578.51 7,904.73 7,376.02 7,571.27 3,178.10 3,197.69 439.67 93.97 19.56 15.73

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
584.40 214.24 -42.46 340.04 359.69 87.26 529.29 -26.22 -74.46 -2.81 -0.77 -6.33
-249.12 -244.95 2.68 -172.81 -196.24 -62.51 16.26 -188.08 66.59 -1.35 -2.33 0.25
-593.84 -52.53 165.42 -265.55 -199.00 -27.74 -566.98 208.81 -21.81 3.10 1.31 2.51
Net Cash Flow -258.56 -83.25 125.64 -98.32 -35.55 -2.99 -21.43 -5.49 -29.67 -1.05 -1.79 -3.57

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 8.51 16.65 30.99 61.84 80.89 159.48 18.04 25.33 17,339.48 156.43 2.43
Inventory Days 200.50 156.89 124.72 132.12 130.53 176.73 196.36 174.73 807.04 0.00 0.00
Days Payable 332.70 240.07 213.10 325.25 374.20 579.87 228.07 214.63 8,640.78
Cash Conversion Cycle -123.69 -66.53 -57.39 -131.29 -162.78 -243.66 -13.67 -14.57 9,505.74 156.43 2.43
Working Capital Days -103.49 -107.55 -62.04 -76.17 -71.62 -167.10 -33.03 -88.34 19,825.05 12,328.89 -5,187.87
ROCE % 5.87% 0.52% -1.21% 2.26% 2.85% 5.42% 1.71% -3.06% -0.81% 1.73% -266.00%

Shareholding Pattern

Numbers in percentages

Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 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% 0.32%
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% 45.30% 45.31% 45.30% 45.30% 45.31% 45.31% 45.30% 45.30% 45.30%
No. of Shareholders 42,35742,34942,33042,32442,30442,29041,24940,71240,21039,86839,67139,316

* 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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