Binayaka Tex Processors Ltd

Binayaka Tex Processors Ltd

₹ 1,519 5.00%
14 Jun - close price
About

Incorporated in 1983, Binayak Tex Process Ltd
is in the business of Selling of Fabrics & Textile Products

Key Points

Business Overview:[1][2]
Company does manufacturing / processing of textile fabric, catering to domestic and international markets. Company is also in finance business

  • Market Cap 108 Cr.
  • Current Price 1,519
  • High / Low 1,519 / 692
  • Stock P/E 19.4
  • Book Value 1,310
  • Dividend Yield 0.00 %
  • ROCE 8.81 %
  • ROE 6.15 %
  • Face Value 10.0

Pros

  • Stock is trading at 1.16 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 3.62% over past five years.
  • Company has a low return on equity of 6.19% over last 3 years.

* 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

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Quarterly Results

Figures in Rs. Crores

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
78.37 53.30 52.87 67.73 78.43 68.22 76.24 56.32 60.52 60.64 52.34 41.12 55.87
71.97 53.76 50.57 64.61 72.12 64.78 72.37 53.03 56.52 57.56 49.71 37.86 49.34
Operating Profit 6.40 -0.46 2.30 3.12 6.31 3.44 3.87 3.29 4.00 3.08 2.63 3.26 6.53
OPM % 8.17% -0.86% 4.35% 4.61% 8.05% 5.04% 5.08% 5.84% 6.61% 5.08% 5.02% 7.93% 11.69%
1.30 0.40 0.34 0.44 0.68 0.29 0.41 0.28 0.26 0.25 0.36 0.32 0.50
Interest 0.36 0.63 0.33 1.12 0.69 0.84 0.80 1.27 1.25 1.00 0.92 1.23 1.30
Depreciation 0.03 0.79 0.78 0.83 0.86 0.81 0.98 0.89 1.02 0.93 1.18 1.16 1.17
Profit before tax 7.31 -1.48 1.53 1.61 5.44 2.08 2.50 1.41 1.99 1.40 0.89 1.19 4.56
Tax % 36.94% -24.32% -23.53% 16.77% 18.93% 61.06% 3.20% 29.79% 46.73% 30.71% 43.82% 32.77% 27.63%
4.61 -1.84 1.89 1.34 4.41 0.81 2.42 0.99 1.06 0.97 0.50 0.80 3.29
EPS in Rs 64.81 -25.87 26.57 18.84 62.00 11.39 34.02 13.92 14.90 13.64 7.03 11.25 46.25
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
137 161 204 183 171 156 176 183 198 252 261 210
127 152 194 174 165 152 170 177 189 240 247 194
Operating Profit 10 8 10 9 6 4 5 6 9 11 15 15
OPM % 7% 5% 5% 5% 3% 2% 3% 3% 4% 4% 6% 7%
1 2 1 1 2 2 2 5 2 2 1 1
Interest 4 4 5 4 4 3 3 3 3 3 4 4
Depreciation 1 1 1 1 2 2 2 3 2 3 4 4
Profit before tax 6 5 5 6 2 1 3 5 6 7 8 8
Tax % 35% -23% 30% 41% 28% 32% 6% 24% 26% 30% 34% 31%
4 7 4 3 1 1 2 4 4 5 5 6
EPS in Rs 50.89 91.80 53.56 46.96 16.59 10.26 34.44 57.64 62.84 70.15 74.23 78.17
Dividend Payout % 4% 2% 4% 4% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 3%
5 Years: 4%
3 Years: 2%
TTM: -20%
Compounded Profit Growth
10 Years: -2%
5 Years: 18%
3 Years: 7%
TTM: 6%
Stock Price CAGR
10 Years: 13%
5 Years: 21%
3 Years: 52%
1 Year: 79%
Return on Equity
10 Years: 5%
5 Years: 5%
3 Years: 6%
Last Year: 6%

Balance Sheet

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 1 1 1 1 1 1 1 1 1 1 1 1
Reserves 51 57 61 64 65 66 68 72 77 82 87 92
41 43 48 40 46 32 33 37 50 51 52 51
22 30 32 25 26 30 32 34 54 53 62 64
Total Liabilities 115 132 142 130 137 128 134 144 182 187 202 207
10 12 11 11 19 20 21 28 42 46 55 70
CWIP 1 0 0 2 1 2 1 2 0 3 2 4
Investments 7 7 7 7 7 7 7 7 7 7 7 7
97 113 124 110 109 99 104 107 132 131 137 126
Total Assets 115 132 142 130 137 128 134 144 182 187 202 207

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-4 -2 1 15 6 14 2 3 5 10 16 22
1 4 1 -2 -8 -1 -1 -4 -14 -9 -13 -19
2 -2 1 -12 2 -16 -1 3 9 -2 -3 -3
Net Cash Flow -0 0 3 2 -0 -3 -0 1 0 -1 -0 0

Ratios

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 130 110 112 109 101 110 97 98 125 97 92 98
Inventory Days 88 93 44 54 76 57 71 49 73 59 71 90
Days Payable 72 84 73 62 68 87 89 74 118 91 108 128
Cash Conversion Cycle 146 119 83 100 108 79 79 73 80 65 55 60
Working Capital Days 146 139 119 116 121 103 97 98 94 72 61 64
ROCE % 11% 10% 10% 9% 5% 4% 6% 5% 7% 8% 9%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
59.10% 59.10% 59.10% 59.10% 59.10% 59.10% 59.10% 59.10% 59.10% 59.10% 59.10% 59.10%
40.90% 40.90% 40.90% 40.90% 40.90% 40.88% 40.88% 40.89% 40.89% 40.89% 40.89% 40.89%
No. of Shareholders 265471437422416398407404399381380370

Documents