Bindal Exports Ltd

Bindal Exports L Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Bindal Exports Ltd

₹ 16.8 -19.90%
06 Sep - close price
bindalexports.com BSE: 540148
About

Incorporated in 1987, Bindal Exports
Ltd is engaged in the trading of Fabrics and manufacturing of Garments# https://www.bseindia.com/bseplus/AnnualReport/540148/76755540148.pdf#page=19 #}

Key Points

Business Overview:[1]
Company is involved in supplying fabrics,
trading grey cloth and finished fabrics,
exports of fabrics and finished garments,
and manufacturing garments for its own
brand FASHFUN. Products are mainly
used by garment houses for manufacturing garments in the apparel industry and are
sold on various marketplaces like Amazon,
Flipkart, Myntra, Ajio, Meesho, Jiomart, etc

Website BSE
  • Market Cap ₹ 7.74 Cr.
  • Current Price ₹ 16.8
  • High / Low ₹ 23.0 / 16.8
  • Stock P/E 18.4
  • Book Value ₹ 21.0
  • Dividend Yield 0.00 %
  • ROCE 6.08 %
  • ROE 4.45 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Stock is trading at 0.80 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 2.90% over past five years.
  • Company has a low return on equity of 3.52% over last 3 years.
  • Contingent liabilities of Rs.2.81 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 - Products

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Half Yearly Results

Figures in Rs. Crores

Mar 2019 Sep 2019 Mar 2020 Sep 2020 Mar 2021 Sep 2021 Mar 2022 Sep 2022 Mar 2023
16.83 16.42 18.19 9.77 13.51 14.93 22.51 21.98 18.68
16.37 15.79 17.87 9.37 13.08 14.57 21.98 21.54 18.16
Operating Profit 0.46 0.63 0.32 0.40 0.43 0.36 0.53 0.44 0.52
OPM % 2.73% 3.84% 1.76% 4.09% 3.18% 2.41% 2.35% 2.00% 2.78%
0.00 0.00 0.07 0.00 0.01 0.00 0.00 0.00 0.00
Interest 0.40 0.43 0.39 0.34 0.19 0.20 0.25 0.21 0.25
Depreciation 0.03 0.01 0.01 0.01 0.01 0.01 0.02 0.01 0.02
Profit before tax 0.03 0.19 -0.01 0.05 0.24 0.15 0.26 0.22 0.25
Tax % 200.00% 36.84% 400.00% 20.00% 25.00% 20.00% 15.38% 22.73% 0.00%
-0.03 0.11 0.02 0.03 0.18 0.12 0.22 0.16 0.24
EPS in Rs -0.07 0.24 0.04 0.07 0.39 0.26 0.48 0.35 0.52
Raw PDF

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
37.38 34.87 28.64 27.69 24.68 27.28 35.24 32.25 34.56 23.28 37.44 40.66
35.93 33.45 27.46 26.42 23.48 26.15 34.21 31.27 33.60 22.45 36.54 39.71
Operating Profit 1.45 1.42 1.18 1.27 1.20 1.13 1.03 0.98 0.96 0.83 0.90 0.95
OPM % 3.88% 4.07% 4.12% 4.59% 4.86% 4.14% 2.92% 3.04% 2.78% 3.57% 2.40% 2.34%
0.00 0.00 0.00 0.24 0.00 0.00 0.07 0.10 0.07 0.01 0.00 0.00
Interest 1.03 1.10 0.95 1.22 0.92 0.79 0.80 0.83 0.83 0.53 0.45 0.46
Depreciation 0.16 0.14 0.10 0.29 0.16 0.10 0.06 0.06 0.03 0.03 0.03 0.04
Profit before tax 0.26 0.18 0.13 0.00 0.12 0.24 0.24 0.19 0.17 0.28 0.42 0.45
Tax % 69.23% 22.22% 53.85% 50.00% 41.67% 37.50% 52.63% -11.76% 25.00% 19.05% 8.89%
0.08 0.13 0.07 0.01 0.05 0.14 0.14 0.09 0.19 0.21 0.34 0.42
EPS in Rs 0.41 0.66 0.35 0.05 0.25 0.30 0.30 0.20 0.41 0.46 0.74 0.91
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: 2%
5 Years: 3%
3 Years: 6%
TTM: 9%
Compounded Profit Growth
10 Years: 12%
5 Years: 26%
3 Years: 44%
TTM: 24%
Stock Price CAGR
10 Years: %
5 Years: 7%
3 Years: %
1 Year: -15%
Return on Equity
10 Years: 2%
5 Years: 3%
3 Years: 4%
Last Year: 4%

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
1.97 1.97 1.97 1.97 1.97 4.60 4.60 4.60 4.60 4.60 4.60 4.60
Reserves 4.14 4.34 4.29 4.26 4.36 3.45 3.59 3.90 4.06 4.28 4.63 5.05
12.01 13.52 11.03 9.58 8.89 7.98 8.79 8.29 7.68 1.36 6.08 4.95
5.26 2.82 5.09 3.86 2.46 5.19 6.02 4.13 4.57 3.11 6.04 5.32
Total Liabilities 23.38 22.65 22.38 19.67 17.68 21.22 23.00 20.92 20.91 13.35 21.35 19.92
2.17 1.97 1.88 1.63 1.50 1.40 1.36 1.45 1.42 1.63 1.60 1.73
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.00 0.01 0.04 0.06 0.08 0.10 0.12 0.15 0.01 0.03 0.03 0.03
21.21 20.67 20.46 17.98 16.10 19.72 21.52 19.32 19.48 11.69 19.72 18.16
Total Assets 23.38 22.65 22.38 19.67 17.68 21.22 23.00 20.92 20.91 13.35 21.35 19.92

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
3.38 -0.90 3.46 3.50 1.10 -0.28 0.07 1.08 1.35 7.63 -5.61 2.17
-0.17 0.04 -0.03 -0.10 -0.05 -0.02 -0.03 -0.18 0.14 -0.24 0.56 -0.20
-3.00 0.47 -3.44 -3.21 -1.23 0.32 0.13 -1.09 -1.34 -6.80 4.31 -2.01
Net Cash Flow 0.22 -0.39 -0.02 0.19 -0.18 0.02 0.17 -0.19 0.15 0.59 -0.73 -0.04

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 90.22 81.75 138.15 118.50 71.43 142.90 160.75 160.03 124.52 103.48 128.49 110.15
Inventory Days 108.16 103.14 120.62 124.07 174.42 146.27 68.59 72.45 87.89 83.63 67.55 52.97
Days Payable 52.59 24.12 71.60 58.98 41.21 87.61 78.31 61.84 62.29 65.20 60.28 56.29
Cash Conversion Cycle 145.80 160.77 187.17 183.59 204.65 201.56 151.03 170.64 150.12 121.91 135.77 106.83
Working Capital Days 156.14 180.14 204.29 180.46 193.74 178.22 153.19 169.20 144.90 117.75 134.05 112.93
ROCE % 6.72% 6.75% 5.82% 7.37% 6.70% 6.59% 6.24% 6.04% 5.61% 6.02% 6.81% 6.08%

Shareholding Pattern

Numbers in percentages

Sep 2017Mar 2018Sep 2018Mar 2019Sep 2019Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023
72.87% 72.87% 72.87% 72.87% 72.87% 72.87% 72.87% 72.87% 72.87% 72.87% 72.87% 72.87%
27.13% 27.13% 27.13% 27.13% 27.13% 27.13% 27.13% 27.13% 27.13% 27.13% 27.13% 27.13%
No. of Shareholders 778080838080838180828280

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