Share the post "Binayak Tex Processors Ltd., Shareholding Update: An Examination of Financial Performance for FY (Q4-Mar 2023-2024)"
Binayak Tex Processors Ltd., has unveiled its latest shareholding reports, covering the quarter and the first half of the fiscal year ending on (Q4-Mar 2023-2024).This comprehensive report offers a deep dive into the company’s shareholding landscape, including details on Promoters, promoter groups, Foreign investors, public investors, and government entities. Through meticulous comparative analysis, it tracks the evolution of shareholding percentages and quantities, highlighting any shifts in ownership dynamics. Investors gain invaluable insights into the company’s ownership structure and the evolving investment landscape.
| Shareholder Name | Previous Quater Quantity(In Crores) | Current Quater Quantity(In Crores) | Previous Quater Shares(in %) | Current Quater Shares(in %) | Quater to Quater Difference |
|---|---|---|---|---|---|
| Promoters | 0.04 | 0.04 | 59.1 | 59.1 | 0 |
| Public | 0.03 | 0.03 | 40.9 | 40.9 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 |
| FII | 0 | 0 | 0 | 0 | 0 |
| Government | 0.00 | 0.00 | 0 | 0 | 0 |
Promoters shareholding remained stable, at 59.1% in both December 2023 and March 2024. This indicates that the promoters’ control over the company did not change during this period. Public shareholding remained consistent, holding steady at 40.9% in both December 2023 and March 2024. This indicates that the Public control over the company did not change during this period. During quater from December 2023 to March 2024, Goverenment ownership remained steady at 0%.This indicates that the government’s stake in the company remained consistent during this period.
Let’s delve deeper into the statistics of the investors, which could have contributed to the fluctuations in the shareholding pattern.
| Shareholder Name | Previous Quarter Quantity (In Crores) | Current Quarter Quantity (In Crores) | Previous Quater Shares (in %) | Current Quater Shares (in %) | Quater-to-Quater Difference (%) |
|---|---|---|---|---|---|
| Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 0.014 | 0.014 | 19.78 | 19.79 | + 0.01 % |
| Non Resident Indians (NRIs) | 0.000 | 0.000 | 0.01 | 0 | -0.01 % |
| MAHESH ROCHIRAM- KARTA (MAHESH ROCHI R- HUF) | 0.002 | 0 | 2.11 | 0 | -2.11% |
Spearheading a savvy charge towards increased profitability, Resident Individuals holding nominal share capital up to Rs. 2 lakhs lifts the bar with a remarkable 0.01 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -0.01 % variance in Non Resident Indians (NRIs)’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.MAHESH ROCHIRAM- KARTA (MAHESH ROCHI R- HUF) had 2.11% of shares in the previous quarter but exited in the current quarter.
8
3-Year Profit
18
5-Year Profit
-2
10-Year Profit
1,770
Current Price
126
Market Cap
For the company identified by BSE code 523054, the financial performance highlights a solid five-year profit of 18 percents. This figure escalates to 8 percents over the three-year period, pointing to positive momentum in its earnings. Despite these encouraging trends, the trailing twelve-month (TTM) figures uncover an alarming profit loss of -7 percents. This decline, coupled with the fact that the company recorded zero sales across all periods examined, raises red flags about the sustainability of its business model and its ability to generate consistent revenue. Furthermore, the stock price fluctuations during this period further reflect the company's uncertain position. The stock started at 24 percents but has since plummeted to 129 percents recently, painting a picture of rapid decline. Over a longer ten-year horizon, the stock price stood at 12 percents, further underscoring the long-term challenges the company faces in maintaining investor confidence and market value.
Currently valued at ₹126 crore, the company's stock price stands at ₹1,770. Over the years, it has seen significant fluctuations, with its price ranging from ₹2,243 / 725, a reflection of its sensitivity to market conditions and investor sentiment. The stock's Price-to-Earnings (P/E) ratio, currently at 22.6, suggests that it is highly valued in comparison to its earnings, possibly indicating strong future growth expectations or a high level of investor confidence. The book value per share is ₹1,310, which represents the net asset value of the company per share. The dividend yield of 0.00% provides some return to investors, though it may not be the primary attraction for those investing in the stock. The company's Return on Capital Employed (ROCE) is 8.81%, pointing to efficient use of its capital base to generate profits. The Return on Equity (ROE), at 6.15%, highlights the profitability for shareholders. The company's financial health is further underscored by its very low debt-to-equity ratio of 0.54, signaling conservative financial management. However, the net cash flow is negative at ₹0.34 crore, indicating possible liquidity concerns or heavy investment. The Piotroski score of 7.00 provides a snapshot of its financial stability, while the Graham Number, estimated at ₹1,518, offers an intrinsic value benchmark. With a Price-to-Book (P/B) ratio of 1.35, the stock seems to be trading at a premium relative to its book value, which could signal strong market expectations or overvaluation risks.
32
3-Year Profit
25
5-Year Profit
9
10-Year Profit
283
Current Price
3,055
Market Cap
For the company identified by BSE code 540797, the financial performance highlights a solid five-year profit of 25 percents. This figure escalates to 32 percents over the three-year period, pointing to positive momentum in its earnings. Despite these encouraging trends, the trailing twelve-month (TTM) figures uncover an alarming profit loss of 26 percents. This decline, coupled with the fact that the company recorded zero sales across all periods examined, raises red flags about the sustainability of its business model and its ability to generate consistent revenue. Furthermore, the stock price fluctuations during this period further reflect the company's uncertain position. The stock started at 26 percents but has since plummeted to 9 percents recently, painting a picture of rapid decline. Over a longer ten-year horizon, the stock price stood at 0 percents, further underscoring the long-term challenges the company faces in maintaining investor confidence and market value.
The company has a market capitalization of ₹3,055 crore and is currently trading at ₹283 per share. Historically, the stock has fluctuated within a range of ₹340 / 210, reflecting both the opportunities and risks that investors perceive in the company. The P/E ratio, at 39.5, is relatively high, suggesting that the market has priced in substantial future growth or is willing to pay a premium for the company’s current earnings. The book value per share stands at ₹92.6, which reflects the net asset value of the company divided by the number of outstanding shares. The dividend yield is 0.42%, providing shareholders with a consistent return on their investment. ROCE is 11.0%, indicating how well the company is using its capital to generate profits, while ROE at 8.16% highlights the returns generated from shareholders' equity. The debt-to-equity ratio is 0.38, signaling low financial leverage, which is typically seen as a positive indicator of financial health. However, the company’s negative net cash flow of ₹14.9 crore might raise concerns about its cash generation capabilities or capital expenditures. With a Piotroski score of 5.00, the company's financial stability is evaluated on several factors. Finally, the Graham Number, at ₹123, provides an estimate of the stock’s intrinsic value, while the Price-to-Book (P/B) ratio of 3.05 highlights that the stock is trading at a premium to its book value, potentially reflecting positive market sentiment or overvaluation risks.
