Get 50% OFF This Summer!
Binani Industries
No Data Available
No Stocks
Unlock Smart Score
See Detailed Analysis & Insights
Unlock Insights
See Detailed Analysis & Insights
No Research Report
ROE
Avg ROE (3 Yrs) : NaN%
ROCE
Avg ROCE (3 Yrs) : NaN%
ROA
Avg ROA (3 Yrs) : NaN%
NPM
Avg NPM (3 Yrs) : NaN%
No Data Available
Unlock Management Data
See Detailed Analysis & Insights
Binani Industries Ltd is a holding company, which operates through their subsidiaries. The company's subsidiaries include Binani Cement Ltd (BCL), Binani Zinc Ltd (BZL), Goa Glass Fibre Ltd (GGFL), BT Composites Ltd (BTCL) and Wada Industrial Estate Ltd (WIEL).
Binani Industries Ltd was incorporated in the year 1962. The company was promoted by Binani Metals in technical and financial collaboration with Cominco, Canada with the name Cominco Binani Zinc. In May 1991, when Cominco disinvested their holding, the company was renamed as Binani Zinc. And in the year 1996, they got their present name, Binani Industries Ltd.
In the beginning, the company manufactures zinc and its by-products, sulphuric acid and cadmium. And latter, they diversified into cement and glass fibre manufacture. They set up a state-of-the-art glass fibre plant at Colvale, Goa, with technical assistance from Bishop Technology, US which is the single largest glass fibre manufacturing plant in the country.
The cement division of the company was hived off and transferred to their wholly owned subsidiary, Binani Cement Ltd with effect from November 1, 1997. As a part of restructuring and refocusing, the company transfered their glass fibre division to a wholly owned subsidiary Vishakha Enterprises (India) Ltd which was renamed as Goa Glass Fibre Ltd.
The Zinc division of the company was hived off and transferred to Binani Zinc Ltd with effect form April 1, 2002. In July 2003, Munga Holdings Ltd was amalgamated with Binani Cement Ltd. The paid up capital of Binani Cement Ltd has increased to Rs 4229.10 million from Rs 4000.10 million and Binani Cement Ltd has ceased to be a wholly owned subsidiary of the company with effect from July 3, 2003 but continues to be a subsidiary of the company.
During the year 2006-07, the moulding division of the company was hived off and transferred to their wholly owned subsidiary company BT Composites Ltd. Consequently the company ceased to have any manufacturing activity.
Binani Industries share price reflects investor sentiment toward the company and is impacted by various factors such as financial performance, market trends, and economic conditions. Share price is an indicator which shows the current value of the company's shares at which buyers or sellers can transact.
Market capitalization of Binani Industries indicates the total value of its outstanding shares. Marketcap is calculated by multiplying share price and outstanding shares of the company. It is a helpful metric for assessing the company's size and market Valuation. It also helps investors understand how Binani Industries is valued compared to its competitors.
Binani Industries PE ratio helps investors understand what is the market value of each stock compared to Binani Industries 's earnings. A PE ratio higher than the average industry PE could indicate an overvaluation of the stock, whereas a lower PE compared to the average industry PE could indicate an undervaluation.
The PEG ratio of Binani Industries evaluates its PE ratio in relation to its growth rate. A PEG ratio of 1 indicates a fair value, a PEG ratio of less than 1 indicates undervaluation, and a PEG ratio of more than 1 indicates overvaluation.
Return on Equity (ROE) measures how effectively Binani Industries generates profit from shareholders' equity. A higher ROE of more than 20% indicates better financial performance in terms of profitability.
Return on Capital Employed (ROCE) evaluates the profitability of Binani Industries in relation to its capital employed. In simple terms, ROCE provides insight to investors as to how well the company is utilizing the capital deployed. A high ROCE of more than 20% shows that the business is making profitable use of its capital.
Total debt of Binani Industries shows how much the company owes to either banks or individual creditors. In simple terms, this is the amount the company has to repay. Total debt can be a very useful metric to show the financial health of the company. Total debt more than equity is considered to be a bad sign.
The Debt-to-Equity (DE) ratio of Binani Industries compares its total debt to shareholders' equity. A higher Debt to Equity ratio could indicate higher financial risk, while a lower ratio suggests that the company is managing its debt efficiently.
CAGR shows the consistent growth rate of Binani Industries over a specific period, whether it is over a month, a year, or 10 years. It is a key metric to evaluate the company’s long-term growth potential. Main metrics for which CAGR is calculated are net sales, net profit, operating profit, and stock returns.
Technical analysis of Binani Industries helps investors get an insight into when they can enter or exit the stock. Key components of Binani Industries Technical Analysis include:
There are usually multiple support levels, but the main support levels for a stock are S1, S2, S3. Support levels indicate price points where stock might get support from buyers, helping the stock stop falling and rise.
There are usually multiple resistance levels, but the main resistance levels for a stock are R1, R2, R3. Resistance levels represent price points where Binani Industries shares often struggle to rise above due to selling pressure.
Dividends refer to the portion of the company’s profits distributed to its shareholders. Dividends are typically paid out in cash and reflect Binani Industries ’s financial health and profitability.
Bonus shares are usually given by companies to make the stock more affordable, increase liquidity, boost investor confidence, and more.
Stock split increases the number of its outstanding shares by dividing each existing share into multiple shares. When the company offers a stock split, the face value of the stock reduces in the same proportion as the split ratio.
The financials of Binani Industries provide a complete view to investors about its net sales, net profit, operating profits, expenses, and overall financial health. Investors can analyze financial data to assess the company’s stability and also understand how the company has been growing financially.
The profit and loss statement of Binani Industries highlights its net sales, net profit, total expenditure, and operating profits in the current financial year. This Profit and Loss statement is crucial for evaluating the profitability and financial stability of Binani Industries .
The balance sheet presents a snapshot of Binani Industries ’s assets, liabilities, and equity of shareholders, providing insights into the financials of the company.
Cashflow statements track the company's cash inflows and outflows over a period. It is an essential tool for understanding how well the company manages its liquidity and finances.
Download the App