Bindal Exports share price

BSE: 540148Consumer Durables

Bindal Exports Limited · Face value ₹10 · Listed Oct 2016

Last traded ₹27.80 on 4 Sep 2026

Latest announcements

Routine notices left out.

Share price history

Daily closes since Oct 2016, adjusted for splits and bonuses

Daily close, ₹ per share

Results for the half year to Mar 2026

Standalone: the listed company alone, without its subsidiaries. ₹ crore.

Revenue
₹9.73 Cr−23.1% on a year ago · −23.7% on the half year before
Net profit
₹0.04 Cr−84.1% on the half year before
Earnings per share
₹0.08−84.9% on the half year before
Net margin
0.4%

From revenue to net profit, ₹ crore

  1. Revenue9.7
  2. Other income0.0
  3. Finance costs0.0
  4. Profit before tax0.1
  5. Tax0.0
  6. Net profit0.0

Bindal Exports results by half year

Standalone: the listed company alone, without its subsidiaries. Latest half year to Mar 2026. Results for the half year to Sep 2026 are due by 14 Nov 2026, 45 days after it ends. Every company's dates are on the results calendar.

Revenue and net profit by half year, ₹ crore

  • Revenue
  • Net profit
  • Loss
170.1Sep 23130.2Mar 24140.2Sep 2413−1.2Mar 25130.2Sep 259.70.0Mar 26
Peak revenue ₹17 Cr, half year to Sep 2023; lowest ₹9.73 Cr, half year to Mar 2026A loss in 1 of the 6 half years shown

Operating and net margin by half year, per cent

  • Operating margin
  • Net margin
2.9%−9.5%2.6%2.9%2.8%0.7%1.7%1.5%−9.5%1.9%0.4%Sep 23Mar 24Sep 24Mar 25Sep 25Mar 26
₹ croreSep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Filed 29 MaySep 2025Filed 14 NovMar 2026Filed 30 May
Revenue from operations15–2,19819171314131310
––––17–14–12–
Materials and goods bought10–1,459121188654
Employee costs––––1–1–2–
Other expenses––––4–5–5–
Operating profit before depreciation––––0–0–0–
Operating margin––––2.6%–2.9%–2.8%–
Depreciation and amortisation––––0–0–0–
Other income0–00000000
Finance costs0–210000000
Profit before one-off items and tax0–210000000
Profit before tax0–210000−100
0–50000000
Tax rate21.8%–25.2%0.0%23.3%0.0%12.8%–13.5%27.8%
Net profit0–160000−100
Net margin0.8%–0.7%0.3%0.7%1.7%1.5%−9.5%1.9%0.4%
Earnings per share₹0.26–₹0.35–₹0.28₹0.48₹0.47−₹2.62₹0.53₹0.08
Earnings per share in rupees, restated for later splits and bonuses. No results on record for the half year to Mar 2022.

10 years at a glance

Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to March.

Revenue, net profit and borrowings, ₹ crore

  • Revenue
  • Net profit
  • Borrowings
  • Loss
270.1Mar 17350.1Mar 18320.18.3Mar 19350.27.7Mar 20230.21.4Mar 21Mar 22Mar 23300.34.1Mar 2427−1.00Mar 25220.30Mar 26
Peak revenue ₹35 Cr, year to Mar 2018; lowest ₹22 Cr, year to Mar 2026Back to profit in the year to Mar 2026, ₹0.28 Cr

Operating and net margin, per cent

  • Operating margin
  • Net margin
4.1%−3.7%4.1%2.9%2.8%2.3%0.5%0.4%0.3%0.5%0.9%1.1%−3.7%1.3%Mar 17Mar 19Mar 21Mar 23Mar 25Mar 26

Results for the year to Mar 2026

Standalone: the listed company alone, without its subsidiaries. ₹ crore.

From revenue to net profit

  1. Revenue22
  2. Materials and goods−9.2
  3. Employee costs−3.7
  4. Other expenses−9.1
  5. Operating profit0.5
  6. Depreciation−0.2
  7. Other income0.0
  8. Finance costs0.0
  9. Profit before tax0.3
  10. Tax−0.1
  11. Net profit0.3

What the company owns

  • Inventory₹4 Cr
  • Receivables₹4 Cr
  • Plant, investments and other assets₹2 Cr
  • Cash and bank₹1 Cr
  • Current investments₹1 Cr

What pays for it: net worth and liabilities

  • Net worth₹9 Cr
  • Owed to suppliers₹2 Cr
  • Other liabilities₹1 Cr

Profit and loss

Standalone, ₹ crore, years to March. No results on record for the years to Mar 2022 and Mar 2023.

₹ croreMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Filed 29 MayMar 2026Filed 30 May
Revenue from operations27.335.232.334.623.3––30.227.022.5
26.234.2–––––29.4–22.0
Materials and goods bought19.026.722.423.315.5––19.014.09.2
Employee costs1.11.3–––––2.7–3.7
Other expenses6.06.2–––––7.7–9.1
Operating profit before depreciation1.11.0–––––0.9–0.5
Operating margin4.1%2.9%–––––2.8%–2.3%
Materials, % of revenue69.8%75.7%–––––62.8%–40.9%
Employee costs, % of revenue4.1%3.8%–––––9.0%–16.6%
Other expenses, % of revenue22.0%17.6%–––––25.4%–40.3%
Depreciation and amortisation0.10.1–––––0.10.10.2
Operating profit after depreciation1.01.0–––––0.8–0.4
Other income0.00.10.10.10.0––0.20.10.0
Finance costs0.80.80.80.80.5––0.60.30.0
Profit before one-off items and tax0.20.20.20.20.3––0.40.50.3
Profit before tax0.20.20.20.20.3––0.4−0.90.3
0.10.10.10.00.1––0.10.10.1
Net profit0.10.10.10.20.2––0.3−1.00.3
Net margin0.5%0.4%0.3%0.5%0.9%––1.1%−3.7%1.3%
Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the years to Mar 2019, Mar 2020 and Mar 2021: the statement does not state its depreciation, which operating profit is worked out from, so operating profit is not given. Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the year to Mar 2025: revenue, other income and exceptional items less the total expenses stated do not come to the profit before tax the same statement states, so the operating expenses cannot be told apart from the rest.

Balance sheet

Standalone, ₹ crore, at 31 March.

₹ croreMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Filed 29 MayMar 2026Filed 30 May
8.58.78.9––9.99.09.2
Share capital4.64.64.6––4.64.64.6
Reserves3.94.14.3––5.34.44.6
Borrowings8.37.71.4––4.10.00.0
12.412.04.1––6.81.82.5
0.00.30.3––0.10.10.1
Total assets20.921.013.4––16.810.911.9
1.81.61.9––5.41.61.0
19.119.411.5––11.59.210.9
Net debt8.27.40.5––4.1−0.6−2.1
Borrowings are counted again inside the liabilities due within a year and after a year. No balance sheet is on record for the years to Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.

Cash flow

Standalone, ₹ crore, years to March.

₹ croreMar 2024Mar 2025Filed 29 MayMar 2026Filed 30 May
3.753.091.70
3.843.201.76
2.842.351.25
Receivables6.470.042.15
Inventories−1.273.09−1.74
Payables−2.38−0.920.80
Other working capital0.020.140.03
Tax paid−0.06−0.11−0.06
Capital spending2.260.780.17
Free cash flow1.492.311.53
−2.201.82−0.92
−1.57−4.36−0.02
Dividends paid0.000.000.00
Shares issued0.000.000.00
Net change in cash−0.020.560.75
Capital spending is part of cash from investing, and dividends paid, shares bought back and shares issued are part of cash from financing. Each is shown as an amount on a line of its own, and the section's other items are in its total only. No cash flow statement is on record for the years to Mar 2017, Mar 2018, Mar 2019, Mar 2020 and Mar 2021.

Per share

Standalone, ₹ per share, years to March.

₹ per shareMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Filed 29 MayMar 2026Filed 30 May
Earnings per share₹0.36₹0.31₹0.20₹0.04₹0.46––₹0.71−₹2.14₹0.61
Diluted earnings per share₹0.36₹0.31₹0.20₹0.04₹0.46––₹0.71−₹2.14₹0.61
Book value per share––₹18.48₹18.89₹19.31––₹21.61₹19.46₹20.07
Shareholder yield–––––––0.0%0.0%0.0%
Market cap at the year end (₹ crore)8.56.8––2.3––8.812.412.2

Ratios

Standalone, years to March.

RatioMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Filed 29 MayMar 2026Filed 30 May
Revenue growth–29.2%−8.5%7.3%−32.7%–––−10.7%−16.8%
Operating profit growth–−8.3%––––––––
Net profit growth–1.4%−35.9%99.9%14.0%–––––
Earnings per share growth–−13.9%−35.5%−80.0%1,050.0%–––––
––1.1%2.2%2.4%––3.3%−10.4%3.1%
–––1.1 pts0.2 pts–––−13.7 pts13.5 pts
From the net margin–––0.9 pts1.5 pts–––−14.5 pts14.0 pts
From asset turnover–––0.1 pts−0.7 pts–––−2.1 pts0.0 pts
From borrowing–––0.0 pts−0.6 pts–––2.9 pts−0.5 pts
Return on capital employed–––––––5.7%–3.8%
Cash conversion–––––––1,171.9%–603.8%
Interest cover1.31.2–––––1.4–16.0
Debt to equity––0.970.880.15––0.410.000.00
Receivable days––160136104––597059
Inventory days––738984––9852149
Payable days––––––––3183
Cash conversion cycle, days––––––––91125
Working capital days––169156124––10693101
Asset turnover––1.541.651.36––1.651.951.98
Assets per rupee of net worth––2.462.441.95––1.881.471.25
Sales per rupee of plant––22.1724.2914.27––7.6941.7536.54
Capital spending to depreciation–––––––37.677.621.08
No balance sheet is on record for the years to Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.

Growth and returns over 3, 5 and 10 years

Standalone: the listed company alone, without its subsidiaries. Each window ends with the year to Mar 2026.

Return on assets, latest year
2.5%
Cash from operations against operating profit
334.5%
Measure5 years3 years
Revenue growth, yearly rate−0.7%–
Profit growth, yearly rate5.8%–
Return on equity, average–−1.4%
Return on capital employed, average–4.8%
Operating margin, average–2.6%
Net margin, average–−0.4%
Asset turnover, average–1.86
Cash conversion cycle, days, average–108
Interest cover, average–8.7
Debt to equity, average–0.14

Where the cash came from and went

Standalone: the listed company alone, without its subsidiaries. ₹ crore, added up over each window, which ends with the year to Mar 2026.

₹ crore3 yearsLatest year
Cash from operations8.541.70
Cash from investing−1.30−0.92
Cash from financing−5.95−0.02
Capital spending3.210.17
Dividends paid0.000.00
Shares issued for cash0.000.00
Borrowings raised0.000.00
Borrowings repaid5.060.00

Accounting checks

Standalone, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.

CheckMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Receivables growth less revenue growthOur threshold 0 percentage points–––−16.33−15.91–––16.40−13.11
Inventory growth less cost-of-goods growthOur threshold 0 percentage points–––23.80−4.08–––−34.31120.65
Other current assets growth less revenue growthOur threshold 5 per cent of revenue–––0.35−0.27–––0.00−0.38
Effective tax ratePublished threshold 17.16 per cent41.4637.9351.9818.8525.36––15.79–15.82
Tax charged less tax paid, % of profitOur threshold 10 percentage points–––––––0.00–−2.25
A threshold marked as ours has no published figure; it is the line we read the check against.

Business segments

In the year to Mar 2026 the company reports one business segment, TEXTILE, which carries all its revenue.

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−1.5%––0.0%
3 years+6.0%––0.0%
5 years–+5.8%+32.0%–
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record. Return and dividend yield are left empty where a year's dividend yield in the window cannot be measured: a dividend with no amount stated, or no price at the year end.

Who owns Bindal Exports, filing by filing

Per cent of the company's shares. Every filing on record, from Sep 2018; the latest is the filing of 30 Sep 2026.

30 Sep 2026 filing

  • Promoters72.87%
  • Individuals and others27.13%

Shareholding pattern, per cent, from Dec 2025

  • Promoters
  • Individuals and others
72.87%27.13%72.87%72.87%27.13%27.13%Dec 25Sep 26
Per centSep 2018Dec 2025Sep 202630 Sep
72.87%72.87%72.87%
Indian promoters72.87%72.87%72.87%
27.13%27.13%27.13%
Shares in issue46,00,40046,00,40046,00,400
Filings before Dec 2025 are on an older form, which did not split institutions into foreign and Indian and grouped some holders differently, so those columns show only the lines both forms state alike. A dash is a line the filing did not state.

Number of Bindal Exports shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

80Sep 1875Dec 2574Sep 26
ShareholdersSep 2018Dec 2025Sep 202630 Sep
All shareholders807574
777
Indian promoters777
736867
Filings before Dec 2025 are on an older form, which did not split institutions into foreign and Indian and grouped some holders differently, so those columns show only the lines both forms state alike. A dash is a line the filing did not state.

Bindal Exports promoters

Promoters are the founders, families and companies that control the company, as its filings name them. Every member of the promoter group holding shares in the filing of 30 Sep 2026; the largest is RAVINDRAKUMAR KANHAIYALAL ARYA, 33.26%.

Holder
RAVINDRAKUMAR KANHAIYALAL ARYAIndividuals and Hindu undivided families33.26%15,30,000
BINDAL EXIM PRIVATE LIMITEDIndian companies, trusts and others14.19%6,52,800
RAVINDRA KANHAIYALAL ARIYAIndividuals and Hindu undivided families11.24%5,16,970
JAIBHARAT FILAMENTS PRIVATE LIMITEDIndian companies, trusts and others9.26%4,25,850
JAYBHARAT FINSTOCK PRIVATE LIMITEDIndian companies, trusts and others4.88%2,24,400
SAVITA RAVINDRA ARYAIndividuals and Hindu undivided families0.03%1,190
ANUPAM RAVINDRA ARYAIndividuals and Hindu undivided families0.03%1,190
No promoter shares are reported as pledged.

Largest public holders of Bindal Exports, filing by filing

Per cent, on the same shares as the split above.

HolderSep 2018Dec 2025Sep 202630 Sep
MURARILAL SARAF HUFOther non-institutions–3.83%3.83%
SINGH RAJENDRA SHEKHWATResident individuals, over ₹2 lakh at face value–2.09%2.09%
BHOOPSINGH RISAL BENIWALResident individuals, over ₹2 lakh at face value1.22%1.91%1.91%
DEEPA M NAIRResident individuals, over ₹2 lakh at face value1.04%1.04%1.04%
PANTOMATH STOCK BROKERS PRIVATE LIMITEDOther non-institutions1.74%––
GOSAVI SHARAD LAXMANResident individuals, over ₹2 lakh at face value1.22%––
KAMLESH KANWAR SHEKHAWATResident individuals, over ₹2 lakh at face value1.04%––
RAJENDRA SINGH SHEKHWATResident individuals, over ₹2 lakh at face value1.04%––
A filing names every holder above one per cent, in the company's own words: an insurer's holding can carry one of its funds' names. A dash is a filing that did not name the holder, which includes holding under one per cent.

Bindal Exports share price by year

Each calendar year to 2025.

YearClose at year endChangeHighest closeLowest close
202526.71+3.4%28.1126.71
202425.84+53.6%25.8416.10
202316.82−14.8%22.9516.82
202219.75+10.6%19.7518.50
202117.85+155.0%17.853.22
20207.00+74.1%8.884.80
20194.02−67.2%11.603.41
201812.25−40.8%21.3012.25
201720.70+21.8%28.0017.15
201617.00–17.0016.05
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2025 is from its first session, 19 Mar 2025. 2023 is from its first session, 18 Jan 2023. 2021 is from its first session, 29 Jan 2021. 2020 is from its first session, 8 Apr 2020. 2019 is from its first session, 15 Feb 2019. 2016 is from its first session, 17 Oct 2016. The close is the year's last trade for 2025 (19 Dec 2025), 2024 (12 Sep 2024), 2023 (6 Sep 2023), 2022 (21 Sep 2022), 2020 (11 Dec 2020), 2019 (6 Dec 2019) and 2018 (20 Aug 2018).

Recent sessions

The 10 trading days to 4 Sep 2026, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
4 Sep 202627.8027.8027.8027.8027.804,000
30 Jun 202627.8027.8027.8027.8027.808,000
23 Mar 202626.6026.6026.6026.6026.604,000
30 Jan 202625.3825.3825.3825.3825.384,000
19 Dec 202526.7126.7126.7126.7126.714,000
26 May 202526.8528.1126.8528.1127.488,000
19 Mar 202527.0127.0127.0127.0127.018,000
12 Sep 202425.8425.8425.8425.8425.848,000
10 Sep 202425.8425.8425.8425.8425.8416,000
21 Aug 202424.6124.6124.6124.6124.618,000
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.

Ex-dateEventPrice factorWhat happened
30 Jul 2019Price move–Between two trading sessions the price moved by a fifth or more. The company made an announcement in time for trading that day or the trading day before. Not adjusted for.
Each event is noted and not adjusted for.

Company details

BSE code
540148
ISIN
INE564V01013
Industry
Consumer Durables
CIN
L51109GJ2007PLC050915
Corporate identity number, the registrar of companies' code for it
Incorporated
2007
Registered office
Bindal House, Surat-Kadodara Road,, Kumbharia, 395010, Gujarat
Share registrar
Bigshare Services Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments