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Binani Inds

₹17.9 0.8 | 5%

Market Cap ₹56 Cr.

Stock P/E -0.4

P/B -0.3

Current Price ₹17.9

Book Value ₹ -61.3

Face Value 10

52W High ₹25.1

Dividend Yield 0%

52W Low ₹ 13.2

Binani Inds Research see more...

Overview Inc. Year: 1962Industry: Diversified

Binani Inds Share Price

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Peer Comparison

Binani Inds Quarterly Results

#(Fig in Cr.) Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 0 0 0 0 0 0 0 0 0 0
Other Income 1 2 2 0 0 0 1 0 0 0
Total Income 1 2 2 0 0 0 1 0 0 0
Total Expenditure 1 1 1 1 1 1 146 1 1 4
Operating Profit 0 1 1 -1 -1 -1 -145 -1 -1 -4
Interest 1 1 1 1 1 1 1 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 180 0 0 0 0 0 0 0
Profit Before Tax -1 0 180 -2 -2 -2 -146 -1 -1 -4
Provision for Tax 0 0 0 0 0 0 0 0 0 0
Profit After Tax -1 0 180 -2 -2 -2 -146 -1 -1 -4
Adjustments 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments -1 0 180 -2 -2 -2 -146 -1 -1 -4
Adjusted Earnings Per Share -0.3 0.1 57.3 -0.6 -0.6 -0.5 -46.4 -0.2 -0.2 -1.3

Binani Inds Profit & Loss

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
Net Sales 4481 4736 4331 3784 3666 1911 1841 1643 2 1 1 0
Other Income 46 41 54 60 81 138 62 94 7 6 1 1
Total Income 4527 4777 4385 3844 3747 2049 1903 1737 9 7 2 1
Total Expenditure 3967 4454 4191 3502 3366 1670 1678 1639 17 5 149 152
Operating Profit 561 322 194 343 380 379 225 98 -7 2 -147 -151
Interest 462 622 598 643 680 203 179 213 5 3 4 1
Depreciation 284 300 258 257 237 110 158 166 1 0 0 0
Exceptional Income / Expenses 11 -153 -13 0 0 -29 1369 -908 293 180 0 0
Profit Before Tax -173 -752 -675 -557 -537 38 1258 -1189 280 178 -151 -152
Provision for Tax 35 -89 -26 -126 -67 15 168 66 0 0 0 0
Profit After Tax -208 -663 -649 -432 -469 23 1090 -1255 280 178 -151 -152
Adjustments 3 10 9 15 8 4 0 14 13 0 0 0
Profit After Adjustments -206 -653 -640 -417 -461 26 1090 -1241 293 178 -151 -152
Adjusted Earnings Per Share -69.5 -220.7 -216.3 -132.9 -146.9 8.3 347.5 -395.8 93.4 56.9 -48.1 -48.1

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 0% -92% -78% -57%
Operating Profit CAGR -7450% NAN% NAN% NAN%
PAT CAGR -185% 0% NAN% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -25% 48% -8% -14%
ROE Average 0% 0% 0% -7%
ROCE Average 0% 88% 51% 24%

Binani Inds Balance Sheet

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Shareholder's Funds 185 -289 -1023 -707 -1556 -1467 131 -497 -201 -38 -187
Minority's Interest 60 57 49 45 31 28 -5 41 -16 0 0
Borrowings 3394 3819 4867 5125 5447 5354 1716 1883 67 45 0
Other Non-Current Liabilities 290 204 184 514 418 454 211 218 234 22 0
Total Current Liabilities 2576 3165 2502 2928 3064 3216 1426 1692 692 65 207
Total Liabilities 6505 6955 6579 7905 7405 7586 3480 3337 776 94 20
Fixed Assets 4764 5040 4612 5804 5213 5372 2169 2168 19 4 0
Other Non-Current Assets 510 643 557 564 553 590 430 338 287 26 0
Total Current Assets 1231 1272 1410 1537 1639 1624 880 831 469 64 16
Total Assets 6505 6955 6579 7905 7405 7586 3480 3337 776 94 20

Binani Inds Cash Flow

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Opening Cash & Cash Equivalents 483 225 142 147 49 13 10 -11 37 7 6
Cash Flow from Operating Activities 584 214 -42 340 360 87 529 -26 -74 -3 -1
Cash Flow from Investing Activities -249 -245 3 -187 -196 -63 16 -188 35 -0 -2
Cash Flow from Financing Activities -594 -53 165 -266 -199 -28 -567 209 -22 3 1
Net Cash Inflow / Outflow -259 -83 126 -113 -36 -3 -21 -5 -61 0 -2
Closing Cash & Cash Equivalent 225 142 267 49 13 10 -11 -16 7 6 4

Binani Inds Ratios

# Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Earnings Per Share (Rs) -69.5 -220.66 -216.28 -132.91 -146.95 8.33 347.49 -395.75 93.36 56.89 -48.05
CEPS(Rs) 25.36 -122.63 -132.14 -55.72 -74.04 42.27 397.61 -347.26 89.48 56.97 -48
DPS(Rs) 3 3 3 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 62.34 -97.79 -386.32 -226.27 -512.64 -484.18 25.32 -174.92 -80.64 -28.75 -59.64
Core EBITDA Margin(%) 10.53 5.56 3.03 6.99 7.73 12.47 8.88 0.21 -805.42 -268.02 -9871.95
EBIT Margin(%) 5.9 -2.58 -1.67 2.13 3.7 12.42 78.04 -59.41 0 0 -9824.97
Pre Tax Margin(%) -3.55 -14.87 -14.62 -13.78 -13.84 1.95 68.31 -72.4 0 0 0
PAT Margin (%) -4.27 -13.11 -14.06 -10.67 -12.1 1.17 59.19 -76.41 0 0 0
Cash Profit Margin (%) 1.54 -7.17 -8.47 -4.32 -5.99 6.85 67.75 -66.31 0 0 0
ROA(%) -3.16 -9.85 -9.59 -5.96 -6.13 0.3 19.69 -36.83 13.61 41.03 -265.55
ROE(%) -71.59 0 0 0 0 0 0 0 0 0 0
ROCE(%) 6.14 -2.78 -1.59 1.64 2.7 4.79 39.01 -45.25 26.51 237.2 0
Receivable days 8.87 11.56 23.08 45.52 68.41 155.38 91.79 22.77 0 0 66.38
Inventory Days 46.12 45.63 42.71 36.99 34 61.06 56.57 55.02 0 0 0
Payable days 364.27 339.2 343.18 294.79 397.11 607.81 510.46 237.28 0 0 0
PER(x) 0 0 0 0 0 10.05 0.11 0 0 0 0
Price/Book(x) 1.59 -0.77 -0.24 -0.27 -0.14 -0.17 1.47 -0.04 0 0 -0.48
Dividend Yield(%) 3.02 3.97 3.28 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0.99 1.1 1.39 1.69 1.83 3.53 1.26 1.54 229.21 94.39 172.41
EV/Core EBITDA(x) 7.91 16.16 30.96 18.66 17.68 17.78 10.34 25.82 -56.91 50.73 -1.76
Net Sales Growth(%) 45.99 5.68 -8.54 -12.62 -3.13 -47.87 -3.67 -10.77 -99.89 -31.32 18.67
EBIT Growth(%) 69.68 -145.29 40.99 211.59 66.74 67.61 497.63 -167.92 129.2 -36.2 -180.91
PAT Growth(%) -25.59 -218.1 2.11 33.52 -8.7 104.82 4716.39 -215.2 122.29 -36.24 -184.47
EPS Growth(%) -24.76 -217.49 1.98 38.55 -10.57 105.67 4070.9 -213.89 123.59 -39.07 -184.47
Debt/Equity(x) 23.65 -17.72 -5.74 -8.94 -4.1 -4.33 28.12 -4.65 -1.59 -1.04 -0.93
Current Ratio(x) 0.48 0.4 0.56 0.53 0.54 0.5 0.62 0.49 0.68 0.99 0.08
Quick Ratio(x) 0.23 0.2 0.39 0.4 0.42 0.41 0.43 0.36 0.67 0.99 0.08
Interest Cover(x) 0.62 -0.21 -0.13 0.13 0.21 1.19 8.02 -4.57 55.62 53.97 -40.6
Total Debt/Mcap(x) 14.85 22.92 21.71 34.54 28.9 25.01 19.09 131.06 0 0 1.95

Binani Inds Shareholding Pattern

# Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 52.62 52.62 52.62 52.62 52.62 52.62 52.62 52.62 52.62 52.62
FII 0.32 0.32 0.32 0.32 0.32 0.32 0.32 0.32 0.32 0.32
DII 1.77 1.77 1.77 1.77 1.77 1.77 1.77 1.76 1.76 1.76
Public 45.3 45.3 45.3 45.3 45.3 45.3 45.3 45.3 45.3 45.3
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Stock is trading at -0.3 times its book value
  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Company has a low return on equity of 0% over the last 3 years.
  • Earnings include an other income of Rs. 1 Cr.

* 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.

Binani Inds News

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Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

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