Binayaka Tex Processors Ltd
Incorporated in 1983, Binayak Tex Process Ltd
is in the business of Selling of Fabrics & Textile Products
- Market Cap ₹ 56.7 Cr.
- Current Price ₹ 798
- High / Low ₹ 1,023 / 692
- Stock P/E 17.0
- Book Value ₹ 1,252
- Dividend Yield 0.00 %
- ROCE 8.85 %
- ROE 6.18 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.64 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 10.9% over past five years.
- Company has a low return on equity of 6.14% over last 3 years.
- Contingent liabilities of Rs.27.8 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.
Peer comparison
Sector: Textiles Industry: Textiles - Processing
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
147 | 137 | 161 | 204 | 183 | 171 | 156 | 176 | 183 | 198 | 252 | 261 | 215 | |
137 | 127 | 152 | 194 | 174 | 165 | 152 | 170 | 177 | 189 | 240 | 247 | 202 | |
Operating Profit | 10 | 10 | 8 | 10 | 9 | 6 | 4 | 5 | 6 | 9 | 11 | 15 | 13 |
OPM % | 7% | 7% | 5% | 5% | 5% | 3% | 2% | 3% | 3% | 4% | 4% | 6% | 6% |
1 | 1 | 2 | 1 | 1 | 2 | 2 | 2 | 5 | 2 | 2 | 1 | 1 | |
Interest | 4 | 4 | 4 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 4 | 4 |
Depreciation | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 3 | 2 | 3 | 4 | 4 |
Profit before tax | 7 | 6 | 5 | 5 | 6 | 2 | 1 | 3 | 5 | 6 | 7 | 8 | 5 |
Tax % | 32% | 35% | -23% | 30% | 41% | 28% | 32% | 6% | 24% | 26% | 30% | 34% | |
4 | 4 | 7 | 4 | 3 | 1 | 1 | 2 | 4 | 4 | 5 | 5 | 3 | |
EPS in Rs | 62.84 | 50.89 | 91.80 | 53.56 | 46.96 | 16.59 | 10.26 | 34.44 | 57.64 | 62.84 | 70.15 | 74.23 | 46.82 |
Dividend Payout % | 3% | 4% | 2% | 4% | 4% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 7% |
5 Years: | 11% |
3 Years: | 13% |
TTM: | -23% |
Compounded Profit Growth | |
---|---|
10 Years: | 3% |
5 Years: | 48% |
3 Years: | 51% |
TTM: | -61% |
Stock Price CAGR | |
---|---|
10 Years: | 8% |
5 Years: | 12% |
3 Years: | 14% |
1 Year: | 11% |
Return on Equity | |
---|---|
10 Years: | 5% |
5 Years: | 5% |
3 Years: | 6% |
Last Year: | 6% |
Balance Sheet
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
Reserves | 47 | 51 | 57 | 61 | 64 | 65 | 66 | 68 | 72 | 77 | 82 | 87 | 88 |
34 | 41 | 43 | 48 | 40 | 46 | 32 | 33 | 37 | 50 | 51 | 52 | 50 | |
29 | 22 | 30 | 32 | 25 | 26 | 30 | 32 | 34 | 54 | 53 | 62 | 77 | |
Total Liabilities | 111 | 115 | 132 | 142 | 130 | 137 | 128 | 134 | 144 | 182 | 187 | 202 | 216 |
12 | 10 | 12 | 11 | 11 | 19 | 20 | 21 | 28 | 42 | 46 | 55 | 63 | |
CWIP | 0 | 1 | 0 | 0 | 2 | 1 | 2 | 1 | 2 | 0 | 3 | 2 | 3 |
Investments | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 |
92 | 97 | 113 | 124 | 110 | 109 | 99 | 104 | 107 | 132 | 131 | 137 | 142 | |
Total Assets | 111 | 115 | 132 | 142 | 130 | 137 | 128 | 134 | 144 | 182 | 187 | 202 | 216 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-4 | -4 | -2 | 1 | 15 | 6 | 14 | 2 | 3 | 5 | 10 | 16 | |
0 | 1 | 4 | 1 | -2 | -8 | -1 | -1 | -4 | -14 | -9 | -13 | |
3 | 2 | -2 | 1 | -12 | 2 | -16 | -1 | 3 | 9 | -2 | -3 | |
Net Cash Flow | -0 | -0 | 0 | 3 | 2 | -0 | -3 | -0 | 1 | 0 | -1 | -0 |
Ratios
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 113 | 130 | 110 | 112 | 109 | 101 | 110 | 97 | 98 | 125 | 97 | 92 |
Inventory Days | 83 | 88 | 93 | 44 | 54 | 76 | 57 | 71 | 49 | 73 | 59 | 71 |
Days Payable | 89 | 72 | 84 | 73 | 62 | 68 | 87 | 89 | 74 | 118 | 91 | 108 |
Cash Conversion Cycle | 107 | 146 | 119 | 83 | 100 | 108 | 79 | 79 | 73 | 80 | 65 | 55 |
Working Capital Days | 110 | 146 | 139 | 119 | 116 | 121 | 103 | 97 | 98 | 94 | 72 | 61 |
ROCE % | 13% | 11% | 10% | 10% | 9% | 5% | 4% | 6% | 5% | 7% | 8% | 9% |
Documents
Announcements
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Business Overview:[1][2]
Company does manufacturing / processing of textile fabric, catering to domestic and international markets. Company is also in finance business