Board Change • Jul 06
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Executive & Independent Director Ashwath Naroth was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. New Risk • Jul 04
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.4% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹36m free cash flow). Share price has been highly volatile over the past 3 months (9.4% average weekly change). Negative equity (-₹2.5b). Earnings have declined by 31% per year over the past 5 years. Revenue is less than US$1m (₹86m revenue, or US$898k). Market cap is less than US$10m (₹908.0m market cap, or US$9.53m). Reported Earnings • May 23
Full year 2026 earnings released: ₹75.20 loss per share (vs ₹49.18 loss in FY 2025) Full year 2026 results: ₹75.20 loss per share (further deteriorated from ₹49.18 loss in FY 2025). Net loss: ₹194.3m (loss widened 53% from FY 2025). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings. Tillkännagivande • May 16
Binny Mills Limited to Report Q4, 2026 Results on May 22, 2026 Binny Mills Limited announced that they will report Q4, 2026 results on May 22, 2026 Reported Earnings • Feb 14
Third quarter 2026 earnings released: ₹10.58 loss per share (vs ₹9.78 loss in 3Q 2025) Third quarter 2026 results: ₹10.58 loss per share (further deteriorated from ₹9.78 loss in 3Q 2025). Net loss: ₹27.3m (loss widened 8.0% from 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 33% per year, which means it is well ahead of earnings. Tillkännagivande • Feb 05
Binny Mills Limited to Report Q3, 2026 Results on Feb 12, 2026 Binny Mills Limited announced that they will report Q3, 2026 results on Feb 12, 2026 Reported Earnings • Nov 13
Second quarter 2026 earnings released: ₹10.30 loss per share (vs ₹14.47 loss in 2Q 2025) Second quarter 2026 results: ₹10.30 loss per share (improved from ₹14.47 loss in 2Q 2025). Net loss: ₹26.6m (loss narrowed 42% from 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings. Tillkännagivande • Nov 04
Binny Mills Limited to Report Q2, 2026 Results on Nov 12, 2025 Binny Mills Limited announced that they will report Q2, 2026 results on Nov 12, 2025 Board Change • Aug 12
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Executive & Independent Director Ashwath Naroth was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Aug 01
Binny Mills Limited, Annual General Meeting, Aug 29, 2025 Binny Mills Limited, Annual General Meeting, Aug 29, 2025, at 15:00 Indian Standard Time. Reported Earnings • Aug 01
First quarter 2026 earnings released: ₹11.55 loss per share (vs ₹8.39 loss in 1Q 2025) First quarter 2026 results: ₹11.55 loss per share (further deteriorated from ₹8.39 loss in 1Q 2025). Net loss: ₹29.8m (loss widened 12% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 35% per year, which means it is well ahead of earnings. Tillkännagivande • Jul 24
Binny Mills Limited to Report Q1, 2026 Results on Jul 31, 2025 Binny Mills Limited announced that they will report Q1, 2026 results on Jul 31, 2025 Tillkännagivande • May 24
Binny Mills Limited to Report Q4, 2025 Results on May 29, 2025 Binny Mills Limited announced that they will report Q4, 2025 results on May 29, 2025 Tillkännagivande • Mar 14
Binny Mills Limited Announces Resignation of K. Aarthi as Company Secretary and Compliance Officer of the Company with Effect from April 30, 2025 Binny Mills Limited announced resignation of Smt. K. Aarthi as Company Secretary and Compliance Officer of the Company with effect from April 30, 2025. Smt. K. Aarthi has expressed her intention to resign as Company Secretary and Compliance Officer of the Company due to personal reasons as mentioned in her resignation letter dated March 11, 2025. Tillkännagivande • Feb 08
Binny Mills Limited to Report Q3, 2025 Results on Feb 14, 2025 Binny Mills Limited announced that they will report Q3, 2025 results on Feb 14, 2025 Tillkännagivande • Nov 09
Binny Mills Limited to Report Q2, 2025 Results on Nov 14, 2024 Binny Mills Limited announced that they will report Q2, 2025 results on Nov 14, 2024 Tillkännagivande • Aug 21
Binny Mills Limited Approves Board Appointments Binny Mills Limited announced at the AGM held on August 20, 2024, approved Regularization of Additional Director,Shri M. Padmanabhan; Shri Perumal Viyash and Shri Richard Henry by appointing him as Independent Director of the Company. Tillkännagivande • Aug 05
Binny Mills Limited to Report Q1, 2025 Results on Aug 12, 2024 Binny Mills Limited announced that they will report Q1, 2025 results on Aug 12, 2024 Tillkännagivande • Jul 16
Binny Mills Limited, Annual General Meeting, Aug 20, 2024 Binny Mills Limited, Annual General Meeting, Aug 20, 2024, at 12:00 Indian Standard Time. Tillkännagivande • May 25
Binny Mills Limited to Report Q4, 2024 Results on May 30, 2024 Binny Mills Limited announced that they will report Q4, 2024 results on May 30, 2024 Reported Earnings • Feb 13
Third quarter 2024 earnings released: ₹8.51 loss per share (vs ₹8.35 loss in 3Q 2023) Third quarter 2024 results: ₹8.51 loss per share (further deteriorated from ₹8.35 loss in 3Q 2023). Net loss: ₹27.1m (loss widened 2.0% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 133 percentage points per year, which is a significant difference in performance. Tillkännagivande • Feb 06
Binny Mills Limited to Report Q3, 2024 Results on Feb 12, 2024 Binny Mills Limited announced that they will report Q3, 2024 results on Feb 12, 2024 Tillkännagivande • Jan 07
Binny Mills Limited Approves the Appointment of R. Kannan as Chief Financial Officer Binny Mills Limited approved the appointment of Mr. R. Kannan as Chief Financial Officer and Key Managerial Personnel of the Company with effect from 6 January, 2024. Tillkännagivande • Dec 30
Binny Mills Limited Appoints V. Samyuktha as Managing Director Binny Mills Limited at its Extra Ordinary General Meeting held on 28th December, 2023 has appointed Smt. V. Samyuktha as Managing Director of the Company for a period of 5 years from the date of appointment December 28, 2023. Tillkännagivande • Nov 04
Binny Mills Limited to Report First Half, 2024 Results on Nov 11, 2023 Binny Mills Limited announced that they will report first half, 2024 results on Nov 11, 2023 Tillkännagivande • Nov 03
Binny Mills Limited Announces Resignation of Shri V. Sengutuvan as Director with Effect from November 2, 2023 Binny Mills Limited informed that Shri V. Sengutuvan (DIN: 00053629), Director of the Company, has tendered his Resignation from the position of Director of the Company with effect from November 2, 2023, due to pre-occupation of work. Board Change • Sep 11
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 5 highly experienced directors. Additional Director N. Prasanna was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Aug 24
Binny Mills Limited, Annual General Meeting, Sep 15, 2023 Binny Mills Limited, Annual General Meeting, Sep 15, 2023, at 15:30 Indian Standard Time. Agenda: To receive, consider and adopt the Audited Financial Statements of the company for the Financial Year ended 31 March 2022 and the Reports of the Board of Directors and Auditors thereon; to consider and appoint a Director in place of Shri V. Sengutuvan, who retires by rotation under section 152(6) of the Companies Act, 2013 and being eligible, offers himself for re-appointment; and to consider any other matter thereof. Tillkännagivande • Aug 03
Binny Mills Limited to Report Q1, 2024 Results on Aug 11, 2023 Binny Mills Limited announced that they will report Q1, 2024 results on Aug 11, 2023 Tillkännagivande • Jul 01
Binny Mills Limited Announces Resignation of Smt. S. Sahana as Company Secretary / Compliance Officer Binny Mills Limited informed that Smt. S. Sahana, Company Secretary and Compliance Officer of the Company communicated her decision to resign from the post of the Company Secretary and Compliance Officer of the Company with effect from 30th June, 2023. Date of cessation of Smt. S. Sahana is with effectfrom closing hours of 30th June, 2023. Reason for change: Smt. S. Sahana has expressed her intention to resign as Company Secretary and ComplianceOfficer of the Company due to personal reasons as mentioned in her resignation letter dated 31.03.2023. New Risk • Jun 16
New major risk - Revenue size The company makes less than US$1m in revenue. Total revenue: ₹76m (US$923k) This is considered a major risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹67m free cash flow). Negative equity (-₹1.7b). Revenue is less than US$1m (₹76m revenue, or US$923k). Market cap is less than US$10m (₹436.7m market cap, or US$5.33m). Reported Earnings • May 30
Full year 2023 earnings released: ₹34.12 loss per share (vs ₹35.23 loss in FY 2022) Full year 2023 results: ₹34.12 loss per share (improved from ₹35.23 loss in FY 2022). Net loss: ₹108.8m (loss narrowed 3.2% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has increased by 67% per year, which means it is well ahead of earnings. Tillkännagivande • May 19
Binny Mills Limited to Report Q4, 2023 Results on May 23, 2023 Binny Mills Limited announced that they will report Q4, 2023 results on May 23, 2023 Reported Earnings • Feb 16
Third quarter 2023 earnings released: ₹8.35 loss per share (vs ₹8.59 loss in 3Q 2022) Third quarter 2023 results: ₹8.35 loss per share (improved from ₹8.59 loss in 3Q 2022). Net loss: ₹26.6m (loss narrowed 2.8% from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 51% per year, which means it is well ahead of earnings. Tillkännagivande • Feb 07
Binny Mills Limited to Report Q3, 2023 Results on Feb 14, 2023 Binny Mills Limited announced that they will report Q3, 2023 results on Feb 14, 2023 Board Change • Nov 16
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 5 highly experienced directors. Additional Director N. Prasanna was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Nov 11
Binny Mills Limited Announces the Resignation of V. Rajasekaran as Managing Director and Director Binny Mills Limited announced that Shri V. Rajasekaran, Managing Director of the company communicated his decision to resign from the board of directors and Managing Director of the company with effect from November 4, 2022. The company confirmed that there is no material reason for resignation as Managing Director of the company. Tillkännagivande • Oct 08
Binny Mills Limited Announces Resignation of S. Natarajan as Non-Executive Director Binny Mills Limited announced that Shri S. Natarajan, Non-Executive Director of the company communicated his decision to resign from the board of directors with effect from October 3, 2022. He expressed his intention to resign as director due to his advanced age as mentioned in his resignation letter dated October 3, 2022. Tillkännagivande • Sep 09
Binny Mills Limited, Annual General Meeting, Sep 30, 2022 Binny Mills Limited, Annual General Meeting, Sep 30, 2022, at 15:00 Indian Standard Time. Agenda: To receive, consider and adopt the Audited Financial Statements of the company for the Financial Year ended 31 March, 2022 and the Reports of the Board of Directors and Auditors thereon; and to appoint Auditors and fix the remuneration. Reported Earnings • Aug 18
First quarter 2023 earnings released: ₹8.47 loss per share (vs ₹8.64 loss in 1Q 2022) First quarter 2023 results: ₹8.47 loss per share (up from ₹8.64 loss in 1Q 2022). Net loss: ₹27.0m (loss narrowed 1.9% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 66% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Aug 07
Binny Mills Limited to Report Q1, 2023 Results on Aug 13, 2022 Binny Mills Limited announced that they will report Q1, 2023 results at 3:30 PM, Indian Standard Time on Aug 13, 2022 Reported Earnings • Jun 04
Full year 2022 earnings released: ₹35.23 loss per share (vs ₹69.79 profit in FY 2021) Full year 2022 results: ₹35.23 loss per share (down from ₹69.79 profit in FY 2021). Net loss: ₹112.3m (down 151% from profit in FY 2021). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. Tillkännagivande • May 25
Binny Mills Limited to Report Q4, 2022 Results on May 30, 2022 Binny Mills Limited announced that they will report Q4, 2022 results on May 30, 2022 Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 6 highly experienced directors. Non-Executive & Non-Independent Woman Director Samyuktha Venkataachalam was the last director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Feb 17
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: ₹8.59 loss per share (up from ₹9.30 loss in 3Q 2021). Net loss: ₹27.4m (loss narrowed 7.7% from 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Feb 09
Binny Mills Limited to Report Q3, 2022 Results on Feb 14, 2022 Binny Mills Limited announced that they will report Q3, 2022 results on Feb 14, 2022 Valuation Update With 7 Day Price Move • Sep 12
Investor sentiment improved over the past week After last week's 16% share price gain to ₹206, the stock trades at a trailing P/E ratio of 3x. Average trailing P/E is 52x in the Retail Distributors industry in India. Total returns to shareholders of 45% over the past three years. Valuation Update With 7 Day Price Move • Aug 28
Investor sentiment deteriorated over the past week After last week's 23% share price decline to ₹208, the stock trades at a trailing P/E ratio of 3x. Average trailing P/E is 46x in the Retail Distributors industry in India. Total returns to shareholders of 38% over the past three years. Reported Earnings • Aug 18
First quarter 2022 earnings released: ₹8.64 loss per share (vs ₹8.44 loss in 1Q 2021) First quarter 2022 results: Net loss: ₹27.5m (loss widened 2.4% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 13
Investor sentiment improved over the past week After last week's 28% share price gain to ₹245, the stock trades at a trailing P/E ratio of 3.5x. Average trailing P/E is 61x in the Retail Distributors industry in India. Total returns to shareholders of 48% over the past three years. Valuation Update With 7 Day Price Move • Jul 27
Investor sentiment improved over the past week After last week's 20% share price gain to ₹144, the stock trades at a trailing P/E ratio of 2.1x. Average trailing P/E is 71x in the Retail Distributors industry in India. Total loss to shareholders of 11% over the past three years. Reported Earnings • Jun 30
Full year 2021 earnings released: EPS ₹69.79 (vs ₹42.22 loss in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹401.8m (up 346% from FY 2020). Net income: ₹222.5m (up ₹357.2m from FY 2020). Profit margin: 55% (up from net loss in FY 2020). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Mar 09
New 90-day high: ₹80.90 The company is up 30% from its price of ₹62.00 on 09 December 2020. The Indian market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Retail Distributors industry, which is up 21% over the same period. Reported Earnings • Feb 10
Third quarter 2021 earnings released: ₹9.30 loss per share (vs ₹10.29 loss in 3Q 2020) The company reported a soft third quarter result with weaker revenues and control over costs, although losses reduced. Third quarter 2021 results: Revenue: ₹19.8m (down 15% from 3Q 2020). Net loss: ₹29.6m (loss narrowed 9.6% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 38% per year, which means it is significantly lagging earnings. Tillkännagivande • Jan 28
Binny Mills Limited to Report Q3, 2021 Results on Feb 08, 2021 Binny Mills Limited announced that they will report Q3, 2021 results on Feb 08, 2021 Is New 90 Day High Low • Dec 14
New 90-day high: ₹69.90 The company is up 6.0% from its price of ₹65.95 on 15 September 2020. The Indian market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Retail Distributors industry, which is up 13% over the same period. Tillkännagivande • Nov 10
Binny Mills Limited to Report Q2, 2021 Results on Nov 09, 2020 Binny Mills Limited announced that they will report Q2, 2021 results on Nov 09, 2020 Is New 90 Day High Low • Oct 22
New 90-day low: ₹40.75 The company is down 52% from its price of ₹85.70 on 24 July 2020. The Indian market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Retail Distributors industry, which is up 11% over the same period. Is New 90 Day High Low • Sep 29
New 90-day low: ₹54.15 The company is down 1.0% from its price of ₹54.85 on 01 July 2020. The Indian market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Retail Distributors industry, which is up 8.0% over the same period. Tillkännagivande • Jul 26
Binny Mills Limited to Report Q1, 2021 Results on Jul 30, 2020 Binny Mills Limited announced that they will report Q1, 2021 results on Jul 30, 2020 
