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Binayak Tex Processors

BSE:523054
Snowflake Description

Adequate balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
523054
BSE
₹340M
Market Cap
  1. Home
  2. IN
  3. Consumer Durables
Company description

Binayak Tex Processors Limited manufactures and processes textile fabrics in India. The last earnings update was 65 days ago. More info.


Add to Portfolio Compare Print
  • Binayak Tex Processors has significant price volatility in the past 3 months.
523054 Share Price and Events
7 Day Returns
0%
BSE:523054
0.9%
IN Luxury
0.8%
IN Market
1 Year Returns
-
BSE:523054
-3.2%
IN Luxury
-0.7%
IN Market
523054 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Binayak Tex Processors (523054) 0% 10.2% -17.5% - 70.6% 31.4%
IN Luxury 0.9% 1.6% 8.6% -3.2% 48.8% 161.5%
IN Market 0.8% 2.1% 5.8% -0.7% 41.2% 72.5%
1 Year Return vs Industry and Market
  • No trading data on 523054.
  • No trading data on 523054.
Price Volatility
523054
Industry
5yr Volatility vs Market
Related Companies

523054 Value

 Is Binayak Tex Processors undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Binayak Tex Processors to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Binayak Tex Processors.

BSE:523054 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 17.6%
Perpetual Growth Rate 10-Year IN Government Bond Rate 7.6%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BSE:523054
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IN Govt Bond Rate 7.6%
Equity Risk Premium S&P Global 8.6%
Luxury Unlevered Beta Simply Wall St/ S&P Global 0.73
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.729 (1 + (1- 35%) (109.25%))
1.165
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.17
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (1.165 * 8.6%)
17.57%

Discounted Cash Flow Calculation for BSE:523054 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Binayak Tex Processors is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

BSE:523054 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (INR, Millions) Source Present Value
Discounted (@ 17.57%)
2019 83.83 Est @ 12.77% 71.30
2020 93.23 Est @ 11.2% 67.44
2021 102.65 Est @ 10.11% 63.16
2022 112.24 Est @ 9.34% 58.74
2023 122.12 Est @ 8.8% 54.36
2024 132.41 Est @ 8.43% 50.13
2025 143.22 Est @ 8.16% 46.12
2026 154.65 Est @ 7.98% 42.36
2027 166.79 Est @ 7.85% 38.85
2028 179.74 Est @ 7.76% 35.61
Present value of next 10 years cash flows ₹528.07
BSE:523054 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= ₹179.74 × (1 + 7.55%) ÷ (17.57% – 7.55%)
₹1,928.76
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ₹1,928.76 ÷ (1 + 17.57%)10
₹382.14
BSE:523054 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ₹528.07 + ₹382.14
₹910.22
Equity Value per Share
(INR)
= Total value / Shares Outstanding
= ₹910.22 / 0.71
₹1279.65
BSE:523054 Discount to Share Price
Calculation Result
Value per share (INR) From above. ₹1,279.65
Current discount Discount to share price of ₹477.55
= -1 x (₹477.55 - ₹1,279.65) / ₹1,279.65
62.7%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Binayak Tex Processors is available for.
Intrinsic value
>50%
Share price is ₹477.55 vs Future cash flow value of ₹1279.65
Current Discount Checks
For Binayak Tex Processors to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Binayak Tex Processors's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Binayak Tex Processors's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Binayak Tex Processors's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Binayak Tex Processors's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:523054 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in INR ₹19.27
BSE:523054 Share Price ** BSE (2019-04-11) in INR ₹477.55
India Luxury Industry PE Ratio Median Figure of 240 Publicly-Listed Luxury Companies 12.25x
India Market PE Ratio Median Figure of 2,738 Publicly-Listed Companies 16.33x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Binayak Tex Processors.

BSE:523054 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:523054 Share Price ÷ EPS (both in INR)

= 477.55 ÷ 19.27

24.78x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Binayak Tex Processors is overvalued based on earnings compared to the IN Luxury industry average.
  • Binayak Tex Processors is overvalued based on earnings compared to the India market.
Price based on expected Growth
Does Binayak Tex Processors's expected growth come at a high price?
Raw Data
BSE:523054 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 24.78x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
27.6%per year
India Luxury Industry PEG Ratio Median Figure of 25 Publicly-Listed Luxury Companies 1.55x
India Market PEG Ratio Median Figure of 584 Publicly-Listed Companies 1.32x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Binayak Tex Processors, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Binayak Tex Processors's assets?
Raw Data
BSE:523054 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in INR ₹919.47
BSE:523054 Share Price * BSE (2019-04-11) in INR ₹477.55
India Luxury Industry PB Ratio Median Figure of 311 Publicly-Listed Luxury Companies 0.74x
India Market PB Ratio Median Figure of 3,628 Publicly-Listed Companies 1.11x
BSE:523054 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:523054 Share Price ÷ Book Value per Share (both in INR)

= 477.55 ÷ 919.47

0.52x

* Primary Listing of Binayak Tex Processors.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Binayak Tex Processors is good value based on assets compared to the IN Luxury industry average.
X
Value checks
We assess Binayak Tex Processors's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Luxury industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Luxury industry average (and greater than 0)? (1 check)
  5. Binayak Tex Processors has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

523054 Future Performance

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

  • No analysts cover Binayak Tex Processors, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
27.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Binayak Tex Processors expected to grow at an attractive rate?
  • Binayak Tex Processors's earnings growth is expected to exceed the low risk savings rate of 7.6%.
Growth vs Market Checks
  • Binayak Tex Processors's earnings growth is expected to exceed the India market average.
  • Unable to compare Binayak Tex Processors's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BSE:523054 Future Growth Rates Data Sources
Data Point Source Value (per year)
BSE:523054 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 27.6%
India Luxury Industry Earnings Growth Rate Market Cap Weighted Average 19.3%
India Luxury Industry Revenue Growth Rate Market Cap Weighted Average 15%
India Market Earnings Growth Rate Market Cap Weighted Average 18.5%
India Market Revenue Growth Rate Market Cap Weighted Average 11.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BSE:523054 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BSE:523054 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-12-31 1,723 14
2018-09-30 1,661 5
2018-06-30 1,581 -9
2018-03-31 1,592 144 7
2017-12-31 1,579 -5
2017-09-30 1,567 -12
2017-06-30 1,633 -11
2017-03-31 1,721 62 12
2016-12-31 1,839 27
2016-09-30 1,838 37
2016-06-30 1,871 37
2016-03-31 1,847 152 33

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Binayak Tex Processors's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if Binayak Tex Processors is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BSE:523054 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Binayak Tex Processors Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:523054 Past Financials Data
Date (Data in INR Millions) EPS *
2018-12-31 19.27
2018-09-30 7.44
2018-06-30 -13.22
2018-03-31 10.20
2017-12-31 -6.97
2017-09-30 -16.26
2017-06-30 -15.62
2017-03-31 16.52
2016-12-31 38.00
2016-09-30 52.53
2016-06-30 52.03
2016-03-31 46.95

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Binayak Tex Processors will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Binayak Tex Processors's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Binayak Tex Processors has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

523054 Past Performance

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

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Binayak Tex Processors's growth in the last year to its industry (Luxury).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Binayak Tex Processors's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Binayak Tex Processors has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Binayak Tex Processors has become profitable in the last year making it difficult to compare the IN Luxury industry average.
Earnings and Revenue History
Binayak Tex Processors's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Binayak Tex Processors Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:523054 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 1,722.75 13.69 51.80
2018-09-30 1,660.52 5.30 50.69
2018-06-30 1,580.91 -9.40 49.80
2018-03-31 1,591.69 7.26 49.73
2017-12-31 1,578.65 -4.96 49.23
2017-09-30 1,567.08 -11.56 47.26
2017-06-30 1,633.29 -11.11 42.74
2017-03-31 1,720.68 11.75 44.38
2016-12-31 1,839.22 27.02 39.32
2016-09-30 1,837.86 37.36 38.14
2016-06-30 1,871.35 37.01 35.31
2016-03-31 1,847.21 33.39 36.85
2015-12-31 1,891.26 31.76 214.20
2015-09-30 1,945.45 35.20 213.40
2015-06-30 2,127.91 38.64 213.34
2015-03-31 2,050.85 38.07 34.82
2014-12-31 1,963.21 57.98 190.71
2014-09-30 1,940.19 62.78 191.12
2014-06-30 1,700.11 32.44 37.03
2014-03-31 1,623.88 65.30 188.15
2013-12-31 1,506.96 40.89 78.07
2013-09-30 1,396.82 35.94 75.75
2013-06-30 1,329.01 36.02 25.61
2013-03-31 1,368.36 36.17 160.93
2012-12-31 1,323.95 34.57 51.25
2012-09-30 1,375.32 38.81 51.64
2012-06-30 1,348.99 45.62 26.12

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Binayak Tex Processors has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Binayak Tex Processors used its assets less efficiently than the IN Luxury industry average last year based on Return on Assets.
  • Binayak Tex Processors's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Binayak Tex Processors's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Luxury industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Binayak Tex Processors has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

523054 Health

 How is Binayak Tex Processors's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Binayak Tex Processors's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Binayak Tex Processors is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Binayak Tex Processors's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Binayak Tex Processors's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 2.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Binayak Tex Processors Company Filings, last reported 3 months ago.

BSE:523054 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 654.15 371.09 38.39
2018-09-30 654.15 371.09 38.39
2018-06-30
2018-03-31 663.37 317.11 10.40
2017-12-31 648.25 358.24 11.44
2017-09-30 648.25 358.24 11.44
2017-06-30 655.51 443.86 83.28
2017-03-31 656.12 458.95 31.35
2016-12-31 659.81 451.33 51.99
2016-09-30 659.81 451.33 51.99
2016-06-30 646.61 401.07 84.01
2016-03-31 644.36 402.55 84.01
2015-12-31 625.30 440.58 50.05
2015-09-30 625.30 440.58 50.05
2015-06-30 613.82 483.01 68.42
2015-03-31 613.82 483.01 68.42
2014-12-31 592.01 416.40 43.80
2014-09-30 592.01 416.40 43.80
2014-06-30 577.65 430.49 42.67
2014-03-31 577.65 432.89 42.67
2013-12-31 530.88 395.60 41.66
2013-09-30 530.88 395.60 41.66
2013-06-30 514.01 409.93 39.42
2013-03-31 514.01 413.56 39.42
2012-12-31 500.13 412.46 37.91
2012-09-30 500.13 412.46 37.91
2012-06-30
  • Binayak Tex Processors's level of debt (56.7%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (74.5% vs 56.7% today).
  • Debt is well covered by operating cash flow (38.8%, greater than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 1.9x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Binayak Tex Processors's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Binayak Tex Processors has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

523054 Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Binayak Tex Processors dividends.
If you bought ₹2,000 of Binayak Tex Processors shares you are expected to receive ₹0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Binayak Tex Processors's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Binayak Tex Processors's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BSE:523054 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Luxury Industry Average Dividend Yield Market Cap Weighted Average of 110 Stocks 0.6%
India Market Average Dividend Yield Market Cap Weighted Average of 1400 Stocks 1.3%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 1.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BSE:523054 Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2018-10-11 0.000 0.000
2018-02-27 0.000 0.000
2018-01-03 0.000 0.000
2017-10-30 0.000 0.000
2016-10-03 2.000 0.330
2016-06-21 2.000 0.642
2015-08-14 2.000 0.626
2015-06-04 2.000 0.464
2014-09-25 2.000 0.347
2013-11-05 2.000 0.495
2012-09-17 2.000 0.636
2011-10-11 2.000 0.562
2010-09-06 2.000 0.444
2010-04-15 2.000 0.343
2009-10-30 2.000 0.852
2009-05-13 2.000 1.215

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Binayak Tex Processors has not reported any payouts.
  • Unable to verify if Binayak Tex Processors's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Binayak Tex Processors's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Binayak Tex Processors has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Binayak Tex Processors's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Binayak Tex Processors afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Binayak Tex Processors has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

523054 Management

 What is the CEO of Binayak Tex Processors's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Pradip Pacheriwala
COMPENSATION ₹1,800,000
CEO Bio

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

CEO Compensation
  • Pradip's compensation has been consistent with company performance over the past year.
  • Pradip's remuneration is higher than average for companies of similar size in India.
Management Team

Pradip Pacheriwala

TITLE
Chairman & MD
COMPENSATION
₹2M

Heeradevi Pacheriwala

TITLE
Executive Director
COMPENSATION
₹600K
Board of Directors Tenure

Average tenure of the Binayak Tex Processors board of directors in years:

4
Average Tenure
  • The tenure for the Binayak Tex Processors board of directors is about average.
Board of Directors

Pradip Pacheriwala

TITLE
Chairman & MD
COMPENSATION
₹2M

Heeradevi Pacheriwala

TITLE
Executive Director
COMPENSATION
₹600K

Krishan Kundanlallahoti

TITLE
Independent Non-Executive Director
TENURE
4 yrs

Ashok Agarwal

TITLE
Non-Executive Director

Manjeet Surana

TITLE
Independent Non-Executive Director
TENURE
4 yrs

Yuvraj Bangera

TITLE
Independent Director
TENURE
0.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess Binayak Tex Processors's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Binayak Tex Processors has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

523054 News

Simply Wall St News

523054 Company Info

Description

Binayak Tex Processors Limited manufactures and processes textile fabrics in India. The company also exports its products. Binayak Tex Processors Limited was founded in 1971 and is based in Mumbai, India.

Details
Name: Binayak Tex Processors Limited
523054
Exchange: BSE
Founded: 1971
₹339,681,315
711,300
Website: http://www.binayaktex.com
Address: Binayak Tex Processors Limited
384/M, Dhabolkar Wadi,
Kalbadevi Road,
Mumbai,
Maharashtra, 400002,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 523054 Equity Shares Mumbai Stock Exchange IN INR 12. Aug 2008
Number of employees
Current staff
Staff numbers
0
Binayak Tex Processors employees.
Industry
Textiles
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/20 12:45
End of day share price update: 2019/04/11 00:00
Last earnings filing: 2019/02/14
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.