| Sector |
Textile
|
Compare with Sector peers |
| Industry |
Textile
|
Compare with Industry peers |
| Website | http://www.binnyltd.in | |
| Market Cap | 718.24 Cr. | |
| Enterprise Value(EV) | 978.65 Cr. | 2021-03 |
| Financial Indicators | ||
|---|---|---|
| Earnings per share (EPS) | 18.03 | Trailing Twelve Months Ending 2021-12 |
| Price-Earning Ratio (PE) | 17.85 | Trailing Twelve Months Ending 2021-12 |
| Industry PE | 20.79 | Trailing Twelve Months Ending 2021-12 |
| Book Value / Share | 139.88 | Trailing Twelve Months Ending 2021-12 |
| Price to Book Value | 2.30 | Calculated using Price: 321.80 |
| Dividend Yield | 0.00 | Period Ending 2021-03 |
| No. of Shares Subscribed | 2.23 Cr. | 22,319,410 Shares |
| FaceValue | 5 | |
| Company Profile | ||
|
Binny was established in 1969 to take over by a Scheme of Amalgamation of Buckingham & Carnatic Co. Ltd. Bangalore Woollen Cotton & Silk Mills Co Ltd. Binny & Co Ltd. Ganges Transport & Trading Co. Ltd. and Madura Co. Private Ltd. with effect from 1st November. Binny was revived through a BIFR package. The company was being jointly managed by the Udayar group and Dynamix group.They decided in August 1996 to split the company into two companies :Binny and Binny (Karnataka). The main reason for the split was to have operational convenience, particularly raising working capitals beside plan for new investment The Appellate Authority for Industrial and Financial Reconstruction has upheld an order passed by the Board for Industrial and Financial Reconstruction rejecting the Binny Ltd.'s proposal to sell 1,260 grounds of the company at Perambur, Chennai, for Rs. 60 crores. In its order dated February 23, the BIFR held that the offer of Rs. 60 crores was 50 per cent of the earlier valuation done in 1999 at Rs.119 crores. It therefore rejected the proposal for sale of the lands for Rs. 60 crores and reconstituted an Asset Sale Committee for sale of the land. The Binny Ltd. and another challenged the order before the Appellate Authority contending that it had entered into settlement with the charge holders of the land and also with about 95 per cent of the workers, who were agreeable for this sale of land for Rs. 60 crores and a rehabilitation scheme would be possible if this sale was allowed to be made. Business area of the company: The Company is engaged in the business of marketing textiles goods, marketing engineering and other products, shipping related business, operating cold storage at Cochin, travel agency business approved by IATA and TAI, real estate and Container Freight Station. |
||
Company Profile
Binny was established in 1969 to take over by a Scheme of Amalgamation of Buckingham & Carnatic Co. Ltd. Bangalore Woollen Cotton & Silk Mills Co Ltd. Binny & Co Ltd. Ganges Transport & Trading Co. Ltd. and Madura Co. Private Ltd. with effect from 1st November.
Binny was revived through a BIFR package. The company was being jointly managed by the Udayar group and Dynamix group.They decided in August 1996 to split the company into two companies :Binny and Binny (Karnataka).
The main reason for the split was to have operational convenience, particularly raising working capitals beside plan for new investment
The Appellate Authority for Industrial and Financial Reconstruction has upheld an order passed by the Board for Industrial and Financial Reconstruction rejecting the Binny Ltd.'s proposal to sell 1,260 grounds of the company at Perambur, Chennai, for Rs. 60 crores.
In its order dated February 23, the BIFR held that the offer of Rs. 60 crores was 50 per cent of the earlier valuation done in 1999 at Rs.119 crores. It therefore rejected the proposal for sale of the lands for Rs. 60 crores and reconstituted an Asset Sale Committee for sale of the land.
The Binny Ltd. and another challenged the order before the Appellate Authority contending that it had entered into settlement with the charge holders of the land and also with about 95 per cent of the workers, who were agreeable for this sale of land for Rs. 60 crores and a rehabilitation scheme would be possible if this sale was allowed to be made.
Business area of the company:
The Company is engaged in the business of marketing textiles goods, marketing engineering and other products, shipping related business, operating cold storage at Cochin, travel agency business approved by IATA and TAI, real estate and Container Freight Station.
| 1 Day |
|
-2.19% |
| 1 Week |
|
-2.85% |
| 1 Month |
|
-14.12% |
| 3 Month |
|
-13.95% |
| 6 Month |
|
+48.57% |
| 1 Year |
|
+157.23% |
| 2 Year |
|
+495.93% |
| 5 Year |
|
+38.56% |
| 10 Year |
|
+819.43% |
| 9 years | 2013-03 | 2014-03 | 2015-03 | 2016-03 | 2017-03 | 2018-03 | 2019-03 | 2020-03 | 2021-03 | |
| Return on Equity (%) | 3.52 | -62.70 | 2.92 | -13.63 | 192.02 | 2.59 | -5.42 | -6.53 | 7.34 | |
| Return on Capital Employed (%) | 1.84 | -16.29 | 2.50 | -1.88 | 135.91 | 10.41 | 6.05 | 12.51 | 10.53 | |
| Return on Assets (%) | 1.22 | -17.91 | 0.47 | -1.38 | 34.43 | 0.65 | -1.34 | -1.58 | 1.75 |
| Particulars | 10 years | 2012-03 Rs. Cr. | 2013-03 Rs. Cr. | 2014-03 Rs. Cr. | 2015-03 Rs. Cr. | 2016-03 Rs. Cr. | 2017-03 Rs. Cr. | 2018-03 Rs. Cr. | 2019-03 Rs. Cr. | 2020-03 Rs. Cr. | 2021-03 Rs. Cr. |
| Shh. Funds | 289 | 293 | 233 | 235 | 226 | 280 | 323 | 330 | 312 | 333 | |
| Non Curr. Liab. | 61 | 64 | 76 | 280 | 496 | 472 | 658 | 740 | 787 | 812 | |
| Curr. Liab. | 8 | 6 | 4 | 9 | 15 | 133 | 158 | 34 | 45 | 28 | |
| Minority Int. | |||||||||||
| Equity & Liab. | 358 | 364 | 313 | 524 | 737 | 885 | 1,139 | 1,105 | 1,144 | 1,173 | |
| Non Curr. Assets | 344 | 351 | 307 | 516 | 373 | 509 | 602 | 421 | 460 | 449 | |
| Curr. Assets | 14 | 13 | 6 | 8 | 364 | 376 | 537 | 684 | 684 | 724 | |
| Misc. Exp. not W/O | |||||||||||
| Total Assets | 358 | 364 | 313 | 524 | 737 | 885 | 1,139 | 1,105 | 1,144 | 1,173 |
| Particulars | 10 years | 2013-03 Rs. Cr. | 2014-03 Rs. Cr. | 2015-03 Rs. Cr. | 2016-03 Rs. Cr. | 2017-03 Rs. Cr. | 2018-03 Rs. Cr. | 2019-03 Rs. Cr. | 2020-03 Rs. Cr. | 2021-03 Rs. Cr. | 2021-12 Rs. Cr. TTM |
| Net Sales | 8 | 9 | 7 | 0 | 455 | 46 | 0 | 41 | 29 | 61 | |
| Other Income | 1 | 0 | 1 | 2 | 13 | 15 | 42 | 42 | 42 | 21 | |
| Total Income | 8 | 9 | 8 | 2 | 469 | 61 | 43 | 83 | 71 | 82 | |
| Total Expenditure | -3 | -8 | -3 | -5 | -31 | -5 | -5 | -7 | -10 | -16 | |
| PBIDT | 5 | 2 | 6 | -4 | 438 | 56 | 38 | 76 | 61 | 66 | |
| Interest | 0 | -22 | -2 | -5 | -22 | -23 | -46 | -38 | -28 | -9 | |
| Depreciation | 0 | 0 | -1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Taxation | -1 | 0 | -136 | -27 | -6 | -55 | -12 | -17 | |||
| Exceptional Items | 0 | -40 | 0 | ||||||||
| PAT | 4 | -61 | 2 | -9 | 279 | 7 | -15 | -18 | 20 | 40 | |
| Adjusted EPS | 2 | -27 | 1 | -4 | 125 | 3 | -7 | -8 | 9 | 18 |
| Particulars | 10 years | 2012-03 Rs. Cr. | 2013-03 Rs. Cr. | 2014-03 Rs. Cr. | 2015-03 Rs. Cr. | 2016-03 Rs. Cr. | 2017-03 Rs. Cr. | 2018-03 Rs. Cr. | 2019-03 Rs. Cr. | 2020-03 Rs. Cr. | 2021-03 Rs. Cr. |
| Cash Fr. Operatn. | 1 | -3 | 58 | -10 | 11 | 10 | -129 | 31 | 29 | 16 | |
| Cash Fr. Inv. | 0 | 0 | 3 | 0 | -1 | 3 | 0 | 0 | 0 | ||
| Cash Fr. Finan. | 0 | 2 | -63 | 13 | -12 | -10 | 127 | -30 | -31 | -14 | |
| Net Change | 1 | -1 | -2 | 2 | -2 | 0 | 1 | 2 | -2 | 2 | |
| Cash & Cash Eqvt | 4 | 2 | 0 | 3 | 1 | 0 | 1 | 3 | 1 | 3 |
|
Mon, 16 May 2022
Details Of Voting Results And Report Of The Scrutinizer EGM Held On 14.05.2022 Pursuant to Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 and Rule 20 of the Companies (Management and Administration) Rules 2014 as amended we are enclosing herewith the details regarding the voting results of the business transaction at the Extra Ordinary General Meeting (EGM) held on Saturday 14.5.2022 and Report of the Scrutinizer on e-voting. |
|
Mon, 16 May 2022
Disclosure of Voting results of EGM (Regulation 44(3) of SEBI (LODR) Regulations 2015) Binny Ltd has informed BSE regarding the details of Voting results of EGM under Regulation 44(3) of SEBI (LODR) Regulations 2015. Kindly Click here |
|
Sat, 14 May 2022
Proceedings Of The EGM Held On 14Th May 2022 To obtain approval for appointment of Dr. Durai Raja as an Independent Director for the term of 5 Years from Shareholders vide Special Resolution. |
| Wed, 18 May 2022 |
High Delivery Percentage
|
Opening at High
|
High Decrease 1 Month
|
High Decrease 3 Months
|
High Increase 6 Months
|
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