Binny Ltd.
Snapshot View

321.80 -7.20 ▼-2.2%

18 May 2022, 04:01:00 PM
Volume: 1,289

Overview View Details

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.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

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

Balance Sheet View Details

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

Profit Loss View Details

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

Cash Flow View Details

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

Shareholding Pattern View Details

9 Qtrs 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%)
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 0.00 0.00 25.41 25.41 25.41

Announcements View Details

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.

Technical Scans View Details

Wed, 18 May 2022
High Delivery Percentage High Delivery Percentage
Opening at High Opening at High
High Decrease 1 Month High Decrease 1 Month
High Decrease 3 Months High Decrease 3 Months
High Increase 6 Months High Increase 6 Months

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