Binny share price

BSE: 514215Realty

Binny Ltd. · Face value ₹5

Trading suspended since 9 Jul 2024

Last traded ₹140.95 on 8 Jul 2024

Latest announcements

Routine notices left out.

Share price history

Daily closes since May 2010, adjusted for splits and bonuses. Earlier closes are left out: on 14 May 2010 a scheme of arrangement changed the share, and its terms are not stated.

Daily close, ₹ per share

Q1 results, quarter to Jun 2026

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

Revenue
₹22 Cr+133.2% on a year ago · −2.8% on the quarter before
Operating profit
₹18 Cr+149.7% on a year ago · +47.4% on the quarter before
Net profit
₹13 Cr+259.4% on a year ago · +23.6% on the quarter before
Earnings per share
₹5.98+260.2% on a year ago · +24.1% on the quarter before
Operating margin
81.0%
Net margin
60.6%

From revenue to net profit, ₹ crore

  1. Revenue22
  2. Materials and goods−2.7
  3. Employee costs−0.1
  4. Other expenses−1.4
  5. Operating profit18
  6. Depreciation−0.1
  7. Other income0.0
  8. Finance costs0.0
  9. Profit before tax18
  10. Tax−4.4
  11. Net profit13

Binny results by quarter

Standalone: the listed company alone, without its subsidiaries. Latest quarter to Jun 2026. Results for the quarter 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 quarter, ₹ crore

  • Revenue
  • Net profit
  • Loss
Sep 23Dec 23−70−56Mar 24194.3Jun 248.42.4Sep 24129.7Dec 244330Mar 259.43.7Jun 251410.0Sep 251912Dec 252311Mar 262213Jun 26
Peak revenue ₹43 Cr, quarter to Mar 2025; lowest −₹70 Cr, quarter to Mar 2024A loss in 1 of the 10 quarters with results on record

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
176.3%21.8%176.3%69.5%26.8%82.2%74.2%75.6%79.0%83.8%53.4%81.0%79.2%21.8%29.2%80.8%69.8%39.3%69.2%60.5%47.6%60.6%Sep 23Mar 24Sep 24Mar 25Sep 25Mar 26Jun 26
₹ croreSep 2021Dec 2021Q3Mar 2022Jun 2022worked outSep 2022Dec 2022Q3Mar 2023Jun 2023Q1Sep 2023Dec 2023Mar 2024Q4Jun 2024Q1Sep 2024worked outDec 2024Q3Mar 2025Q4Jun 2025Q1Sep 2025worked outDec 2025Q3Mar 2026Q4Jun 2026Q1
Revenue from operations63728494132–51––−701981243914192322
2–687––11––5466211233114
Materials and goods bought042544–5––13111212233
Employee costs0–111––1––4210−100000
Other expenses1–322––5––48241011181
Operating profit before depreciation4–224134––40––−1241421032711161218
Operating margin66.5%–80.1%84.1%83.0%––78.3%––176.3%69.5%26.8%82.2%74.2%75.6%79.0%83.8%53.4%81.0%
Depreciation and amortisation0–000––7––−14000000000
Other income000000–0––11300001030
Finance costs432231–1––−2000000000
One-off items0–000––0––0000000000
Profit before tax12720393124–32––−971621032713161518
0–101087–13––−401200233454
Tax rate50.2%–50.5%24.8%26.7%27.7%–39.1%–––74.1%−22.8%1.3%6.0%47.5%22.0%27.5%29.6%24.8%
Share of profit of joint ventures and associates––––––––––1–––––––––
Net profit02410292317–20––−56421030410121113
Other comprehensive income1–200––0––0000000000
Total comprehensive income1–122923––20––−56421030410121113
Net margin4.3%65.2%35.2%60.0%55.4%54.1%–38.1%––79.2%21.8%29.2%80.8%69.8%39.3%69.2%60.5%47.6%60.6%
Net margin without joint ventures and associates––––––––––80.7%–––––––––
Earnings per share₹0.12₹10.84₹4.36₹13.07₹10.11₹7.81–₹8.76––−₹25.44₹3.82–₹4.35₹13.49₹1.66–₹5.17₹4.82₹5.98
Earnings per share in rupees, restated for later splits and bonuses. No results on record for the quarters to Mar 2023, Sep 2023 and Dec 2023.

The quarters either side of a change of basis do not compare. From the quarter to Dec 2021, the company reports a discontinued business.

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
455290Mar 17466.5Mar 180.4−15331Mar 1941−18338Mar 202920266Mar 2174330.8Mar 22Mar 2363−130.5Mar 2483473.8Mar 2566360.1Mar 26
Peak revenue ₹455 Cr, year to Mar 2017; lowest ₹0.36 Cr, year to Mar 2019A loss in 3 of the 9 years with results on record

Operating and net margin, per cent

  • Operating margin
  • Net margin
93.2%−4,135.7%93.2%89.6%−1,175.1%83.4%65.3%79.3%−63.3%69.5%71.1%63.8%14.2%−4,135.7%−43.7%69.1%45.0%−20.4%56.1%55.0%Mar 17Mar 19Mar 21Mar 23Mar 25Mar 26

From Apr 2019 leases sit on the balance sheet: rent is charged as depreciation and interest instead, so operating profit and total assets step up with nothing about the business having changed. Borrowings here leave lease liabilities out. Lease payments were 0.9% of operating profit in the first full year.

Results for the year to Mar 2026

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

From revenue to net profit

  1. Revenue66
  2. Materials and goods−7.7
  3. Employee costs−0.5
  4. Other expenses−11
  5. Operating profit47
  6. Depreciation−0.3
  7. Other income+4.9
  8. One-off items0.0
  9. Finance costs−0.1
  10. Profit before tax51
  11. Tax−15
  12. Net profit36

What the company owns

  • Inventory₹750 Cr
  • Plant, investments and other assets₹95 Cr
  • Cash and bank₹1 Cr
  • Current investments₹0 Cr

What pays for it: net worth and liabilities

  • Net worth₹484 Cr
  • Other liabilities₹362 Cr
  • Borrowings₹0 Cr

Profit and loss

Standalone, ₹ crore, years to March. No results on record for the year to Mar 2023. The last column is the twelve months to Jun 2026, the latest four quarters added.

₹ croreMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026Twelve months
Revenue from operations455460412974–63836678
315571015–103251921
Materials and goods bought––0137–121789
Employee costs––2222–9211
Other expenses––3457–8271111
Operating profit before depreciation42441−4341959–−40584757
Operating margin93.2%89.6%−1,175.1%83.4%65.3%79.3%–−63.3%69.5%71.1%73.3%
Materials, % of revenue––0.0%3.0%11.2%9.3%–19.0%20.0%11.7%11.7%
Employee costs, % of revenue––478.7%4.4%6.1%2.6%–14.5%2.2%0.8%0.7%
Other expenses, % of revenue––796.4%9.2%17.4%8.8%–129.8%8.3%16.4%14.3%
Depreciation and amortisation000000–1100
Operating profit after depreciation42441−4341959–−41574657
Other income01542424210–14355
Finance costs22346382816–0000
Profit before one-off items and tax42234−9383353–−27605162
One-off items0–0000–0000
Profit before tax42234−9383353–−27605162
131276551220–−3141516
Share of profit of joint ventures and associates–––––––11–––
Net profit2907−15−182033–−13473646
Other comprehensive income––0137–0000
Total comprehensive income––−15−172440–−13473646
Net margin63.8%14.2%−4,135.7%−43.7%69.1%45.0%–−20.4%56.1%55.0%58.4%
Net margin without joint ventures and associates–––––––−38.4%–––
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the years to Mar 2017 and Mar 2018 they do not, so they are left blank.

Balance sheet

Standalone, ₹ crore, at 31 March.

₹ croreMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
330312333366–401448484
Share capital11111111–111111
Reserves319301322355–390437473
3313382661–140
15452836–445360358
740787812493–554
1,0861,1441,173895–851813846
421460449183–334549
665684724712–809769797
Net debt325331260−5–−23−1
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 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
16316–13−82
40326–13−824
20257–−12−71−26
Receivables10–000
Inventories37–−7817−147
Payables−60–000
Other working capital22250–66−88121
Tax paid−24−10–000
Capital spending00–000
Free cash flow16316–13−82
0−1–031
−14−315–−193−4
Dividends paid00–000
Shares bought back0––000
Shares issued00–000
Net change in cash2−1–−6−20
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 and Mar 2020. Shares bought back is left blank for the year to Mar 2022: the amount stated for buying back shares is more than a company may spend on a buyback, a quarter of its net worth at the start of the period, so it is not shown, nor the yield made from it.

Per share

Standalone, ₹ per share, years to March.

₹ per shareMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Earnings per share₹130.12₹2.94−₹6.74−₹7.44₹10.54₹14.99–−₹10.86₹20.84₹16.13
Diluted earnings per share₹130.12₹2.94−₹6.74−₹7.44₹10.54₹14.99–−₹10.86–₹16.13
Book value per share––₹147.98₹140.00–₹164.09––₹200.63₹216.87
Shareholder yield–––––––0.0%––
Market cap at the year end (₹ crore)––301139–935–327––
Shareholder yield is left blank for the year to Mar 2022: the amount stated for buying back shares is more than a company may spend on a buyback, a quarter of its net worth at the start of the period, so it is not shown, nor the yield made from it.

Ratios

Standalone, years to March.

RatioMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue growth–−89.9%−99.2%11,113.1%−28.0%153.3%––31.6%−21.1%
Operating profit growth–−90.3%––−43.6%207.2%–––−19.2%
Net profit growth–−97.7%–––65.1%–––−22.6%
Earnings per share growth–−97.7%–––42.2%–––−22.6%
––−4.6%−5.5%6.3%9.6%–−3.2%11.0%7.7%
–––−1.0 pts11.8 pts3.3 pts––14.2 pts−3.2 pts
From the net margin–––4.5 pts14.3 pts−2.2 pts––12.0 pts−0.2 pts
From asset turnover–––−5.2 pts−2.7 pts7.5 pts––3.1 pts−2.2 pts
From borrowing–––−0.3 pts0.2 pts−2.0 pts––−0.9 pts−0.8 pts
Return on capital employed––−0.7%5.2%3.2%16.0%–−10.2%12.6%9.6%
Cash conversion––––77.4%944.0%––−16.4%6.5%
Interest cover193.71.8–0.90.73.7––502.6651.3
Debt to equity––1.001.080.800.00–0.000.010.00
Receivable days––1,10116134–000
Inventory days–––88,29532,78715,229–18,89013,23035,685
Payable days–––1,9768123–000
Cash conversion cycle, days–––86,33632,71915,210–18,89013,23035,685
Working capital days––6,46,4855,6558,5783,290–2,0991,8092,445
Asset turnover––0.000.040.030.07–0.070.100.08
Assets per rupee of net worth––3.293.473.592.96–2.121.961.78
Sales per rupee of plant––0.2125.9421.0733.02–28.1445.5745.58
Capital spending to depreciation––––0.300.00–0.000.000.00
Plant being built, % of plant in use––––0.0%––––0.0%
Interest cover is left blank for the years to Mar 2019 and Mar 2024: operating profit after depreciation is a loss, and a loss covers no interest bill. 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
4.3%
Cash from operations against operating profit
5.0%
Measure10 years5 years3 years
Revenue growth, yearly rate–17.4%–
Profit growth, yearly rate–12.2%–
Return on equity, average–6.3%5.2%
Return on capital employed, average–7.0%4.0%
Operating margin, average−76.3%39.1%25.8%
Net margin, average−433.0%33.9%30.2%
Asset turnover, average–0.080.08
Cash conversion cycle, days, average–20,75422,602
Interest cover, average––576.9
Debt to equity, average–0.000.00

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 operations7.92.3
Cash from investing4.81.5
Cash from financing−20.4−3.8
Capital spending0.00.0
Dividends paid0.00.0
Shares bought back0.00.0
Shares issued for cash0.00.0
Borrowings repaid22.60.0

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
Piotroski score, out of 9Published threshold 3 points out of 9––––68–––6
Altman Z-scorePublished threshold 1.1––5.575.375.557.49–5.036.837.04
Beneish M-scorePublished threshold −1.78––––−2.93−3.03––––
Profit not backed by cash, % of assetsPublished threshold 10 per cent of average total assets––––0.40−27.19––6.103.88
Cash from operations to profit, 3 yearsPublished threshold 0.7 times–––––––––0.11
Receivables growth less revenue growthOur threshold 0 percentage points–––−11,051.19−13.60−174.72––––
Inventory growth less cost-of-goods growthOur threshold 0 percentage points––––−167.44−112.60––−41.6478.33
Other current assets growth less revenue growthOur threshold 5 per cent of revenue–––43.43154.59−5.94––−27.02−181.19
Assets under construction, years of additionsOur threshold 2 years of additions––––0.00–––––
Effective tax ratePublished threshold 17.16 per cent31.1580.50–147.3237.7337.06––22.8829.48
Tax charged less tax paid, % of profitOur threshold 10 percentage points––––−35.3918.20––22.8829.48
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, REAL ESTATE, which carries all its revenue.

Binny share price by year

Each calendar year to 2024.

YearClose at year endChangeHighest closeLowest close
2024140.95−31.5%204.40140.95
2023205.70−32.6%341.80205.35
2022305.05+63.6%434.20178.60
2021186.45+88.4%311.4575.80
202098.95+33.3%147.4051.45
201974.25−54.3%167.0074.20
2018162.65−32.4%308.40130.05
2017240.45+220.6%367.2074.00
201675.00−33.0%182.5073.60
2015112.00−44.7%224.7093.60
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. The close is the year's last trade for 2024 (8 Jul 2024) and 2023 (15 Dec 2023).

Recent sessions

The 10 trading days to 8 Jul 2024, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
8 Jul 2024138.00152.25138.00140.95142.168,330
1 Jul 2024142.00146.00135.05145.00142.8017,115
24 Jun 2024149.00149.00141.55142.15142.4311,209
18 Jun 2024148.00154.00145.75149.00148.288,664
10 Jun 2024155.65155.65147.90153.40150.7623,693
3 Jun 2024159.00161.05155.65155.65156.2517,382
27 May 2024162.60173.00162.60163.80166.8623,954
21 May 2024169.95173.70158.40171.15167.1829,999
13 May 2024179.60179.60165.00166.70169.476,153
6 May 2024166.00171.45164.00171.05170.5920,514
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
14 May 2010Scheme of arrangement–A scheme of arrangement is a court-approved plan that merges, splits off or reorganises parts of a company. One took effect here and the price moved by a fifth or more between two trading sessions. What shareholders received is not on record, so earlier prices are not shown.
Where an event has no factor that can be worked out, the chart leaves out the closes before it.

Company details

BSE code
514215
ISIN
INE118K01011
Industry
Realty
CIN
L17111TN1969PLC005736
Corporate identity number, the registrar of companies' code for it
Incorporated
1969
Registered office
No.1, Cooks Road, Perambur, Chennai 600012, Tamil Nadu
Share registrar
Cameo Corporate Services Ltd
Keeps the register of shareholders and handles transfers and dividend payments