BSE:523054

Stock Analysis Report

Executive Summary

Binayak Tex Processors Limited manufactures/processes textile fabrics in India.


Snowflake Analysis

Adequate balance sheet with proven track record.

Share Price & News

How has Binayak Tex Processors's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 523054 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

523054

-4.4%

IN Luxury

-3.5%

IN Market


1 Year Return

-19.3%

523054

12.8%

IN Luxury

5.2%

IN Market

Return vs Industry: 523054 underperformed the Indian Luxury industry which returned 12.8% over the past year.

Return vs Market: 523054 underperformed the Indian Market which returned 5.2% over the past year.


Shareholder returns

523054IndustryMarket
7 Day0%-4.4%-3.5%
30 Day-14.2%-1.4%-3.9%
90 Day-12.6%6.0%-2.1%
1 Year-19.3%-19.3%13.5%12.8%7.2%5.2%
3 Year-29.5%-29.5%45.8%44.0%18.9%12.4%
5 Year-14.2%-15.3%97.3%93.7%29.4%17.7%

Price Volatility Vs. Market

How volatile is Binayak Tex Processors's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Binayak Tex Processors undervalued compared to its fair value and its price relative to the market?

6.23x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 523054's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 523054's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 523054 is good value based on its PE Ratio (6.2x) compared to the Luxury industry average (10.6x).

PE vs Market: 523054 is good value based on its PE Ratio (6.2x) compared to the Indian market (13x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 523054's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 523054 is good value based on its PB Ratio (0.5x) compared to the IN Luxury industry average (0.5x).


Next Steps

Future Growth

How is Binayak Tex Processors forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

19.7%

Forecasted Consumer Durables industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Binayak Tex Processors has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Binayak Tex Processors performed over the past 5 years?

-2.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 523054 has high quality earnings.

Growing Profit Margin: 523054's current net profit margins (3.2%) are higher than last year (0.8%).


Past Earnings Growth Analysis

Earnings Trend: 523054's earnings have declined by -2.9% per year over the past 5 years.

Accelerating Growth: 523054's earnings growth over the past year (336.2%) exceeds its 5-year average (-2.9% per year).

Earnings vs Industry: 523054 earnings growth over the past year (336.2%) exceeded the Luxury industry 6.4%.


Return on Equity

High ROE: 523054's Return on Equity (8.2%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Binayak Tex Processors's financial position?


Financial Position Analysis

Short Term Liabilities: 523054's short term assets (₹879.2M) exceed its short term liabilities (₹668.7M).

Long Term Liabilities: 523054's short term assets (₹879.2M) exceed its long term liabilities (₹18.5M).


Debt to Equity History and Analysis

Debt Level: 523054's debt to equity ratio (49.6%) is considered high.

Reducing Debt: 523054's debt to equity ratio has reduced from 70.4% to 49.6% over the past 5 years.

Debt Coverage: 523054's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 523054's interest payments on its debt are well covered by EBIT (4.1x coverage).


Balance Sheet

Inventory Level: 523054 has a high level of physical assets or inventory.

Debt Coverage by Assets: 523054's debt is covered by short term assets (assets are 2.4x debt).


Next Steps

Dividend

What is Binayak Tex Processors's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%0.6%markettop25%2.7%industryaverage0.7%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 523054's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 523054's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 523054's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 523054's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 523054 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 523054's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.8yrs

Average board tenure


CEO

Pradipkumar Pacheriwala 0

₹1,800,000

Compensation

Mr. Pradipkumar Pacheriwala serves as the Chairman and Managing Director of Binayak Tex Processors Limited. 


CEO Compensation Analysis

Compensation vs Market: Pradipkumar's total compensation ($USD25.15K) is below average for companies of similar size in the Indian market ($USD50.10K).

Compensation vs Earnings: Pradipkumar's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Pradipkumar Pacheriwala
Chairman & MD0yrs₹1.80m9.16% 34.1m
Heeradevi Pacheriwala
Executive Director0yrs₹600.00k11.09% 41.3m
Ashok Agarwal
Non-Executive Director0yrsno datano data
Krishan Kumar Lahoti
Independent Non-Executive Director4.8yrsno datano data
Manjeet Surana
Independent Non-Executive Director4.8yrsno datano data
Yuvraj Bangera
Independent Non-Executive Director1.2yrsno datano data

4.8yrs

Average Tenure

Experienced Board: 523054's board of directors are considered experienced (4.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Binayak Tex Processors Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Binayak Tex Processors Limited
  • Ticker: 523054
  • Exchange: BSE
  • Founded: 1983
  • Industry: Textiles
  • Sector: Consumer Durables
  • Market Cap: ₹372.330m
  • Shares outstanding: 711.30k
  • Website: https://www.binayaktex.com

Location

  • Binayak Tex Processors Limited
  • 384/M, Dhabolkar Wadi
  • 5th Floor
  • Mumbai
  • Maharashtra
  • 400002
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
523054BSE (Mumbai Stock Exchange)YesEquity SharesININRAug 2008

Biography

Binayak Tex Processors Limited manufactures/processes textile fabrics in India. The company also exports its products. Binayak Tex Processors Limited was incorporated in 1983 and is based in Mumbai, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/27 12:49
End of Day Share Price2020/02/20 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.