Binny Ltd.
Snapshot View

172.55 +8.20 ▲5.0%

26 July 2021, 04:00:00 P.M.
Volume: 32,717

Overview View Details

Sector Textile Compare with Sector peers
Industry Textile Compare with Industry peers
Website http://www.binnyltd.in
Financial Indicators
Market Cap 385.12 Cr.
Earnings per share (EPS) -2.10 Trailing Twelve Months Ending 2020-12
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2020-12
Industry PE 26.45 Trailing Twelve Months Ending 2020-12
Book Value / Share 125.03 Trailing Twelve Months Ending 2020-12
Price to Book Value 1.38 Calculated using Price: 172.55
Dividend Yield 0.00 Period Ending 2020-03
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.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+4.99%
1 Week
+5.63%
1 Month
+43.73%
3 Month
+60.44%
6 Month
+104.32%
1 Year
+93.01%
2 Year
+77.61%
5 Year
+76.97%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 1.87 3.52 -62.70 2.92 -13.63 192.02 2.59 -5.42 -6.53
Return on Capital Employed (%) 1.13 1.84 -16.29 2.50 -1.88 135.91 10.41 6.05 12.51
Return on Assets (%) 0.64 1.22 -17.91 0.47 -1.38 34.43 0.65 -1.34 -1.58

Balance Sheet View Details

Particulars 9 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.
Shh. Funds 289 293 233 235 226 280 323 330 312
Non Curr. Liab. 61 64 76 280 496 472 658 740 787
Curr. Liab. 8 6 4 9 15 133 158 34 45
Minority Int.
Equity & Liab. 358 364 313 524 737 885 1,139 1,105 1,144
Non Curr. Assets 344 351 307 516 373 509 602 421 460
Curr. Assets 14 13 6 8 364 376 537 684 684
Misc. Exp. not W/O
Total Assets 358 364 313 524 737 885 1,139 1,105 1,144

Profit Loss View Details

Particulars 9 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.
Net Sales 9 8 9 7 0 455 46 0 41
Other Income 0 1 0 1 2 13 15 42 42
Total Income 9 8 9 8 2 469 61 43 83
Total Expenditure -5 -3 -8 -3 -5 -31 -5 -5 -7
PBIDT 4 5 2 6 -4 438 56 38 76
Interest 0 -22 -2 -5 -22 -23 -46 -38
Depreciation 0 0 0 -1 0 0 0 0 0
Taxation -1 -1 0 -136 -27 -6 -55
Exceptional Items 0 0 -40 0
PAT 2 4 -61 2 -9 279 7 -15 -18

Cash Flow View Details

Particulars 9 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.
Cash Fr. Operatn. 1 -3 58 -10 11 10 -129 31 29
Cash Fr. Inv. 0 0 3 0 -1 3 0 0
Cash Fr. Finan. 0 2 -63 13 -12 -10 127 -30 -31
Net Change 1 -1 -2 2 -2 0 1 2 -2
Cash & Cash Eqvt 4 2 0 3 1 0 1 3 1

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 74.69 74.69 74.69 74.69 74.69 74.69 74.69 74.69 74.69
Public 25.31 25.31 25.31 25.31 25.31 25.31 25.31 25.31 25.31
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 68.29 68.29 68.29 68.29 68.29 68.29 68.29 0.00 0.00

Announcements View Details

Mon, 26 Jul 2021
Board Meeting Intimation for Considering Inter-Alia The Realisation/Settlement Of Dues Of M/S.Mohan Breweries And Distilleries Limited And/Or Of Dues From Other Parties
BINNY LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/07/2021 inter alia to consider and approve the Realisation/settlement of dues of M/s.Mohan Breweries and Distilleries Limited and/or of dues from other parties
Mon, 26 Jul 2021
Disclosures under Reg. 10(5) in respect of acquisition under Reg. 10(1)(a) of SEBI (SAST) Regulations 2011
The Exchange has received the disclosure under Regulation 10(5) in respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations 2011 for Mohan Breweries & Distilleries Ltd
Tue, 20 Jul 2021
Statement Of Investor Complaints For The Quarter Ended June 2021
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter
1001
Name of the Signatory :- T Krishnamurthy
Designation :- Chief Financial Officer

Technical Scans View Details

Fri, 23 Jul 2021
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index
Close Within 2 Year High Zone Close Within 2 Year High Zone
Both SRS And ARS Above Zero Both SRS And ARS Above Zero
Thu, 22 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month

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