---
title: "Binny Ltd (514215) — Share Price, Financials & Analysis"
symbol: "514215"
company: "Binny Ltd"
canonical: "https://tapetide.com/stocks/514215"
isin: "INE118K01011"
bse_code: "514215"
sector: "Consumer Discretionary"
industry: "Realty"
generated_at: "2026-09-13T18:28:12.243Z"
---

# Binny Ltd (514215)

Canonical page: https://tapetide.com/stocks/514215

## Company

- **BSE Code:** 514215
- **ISIN:** INE118K01011
- **Sector:** Consumer Discretionary
- **Industry:** Realty
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2009-03-30
- **Face Value:** ₹5
- **F&O Eligible:** No
- **Website:** binnyltd.in

## About

Incorporated in 1969, Binny Ltd is in the business of real estate development[1]

## Latest Price

## Key Insights

### Strengths

- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.65 times its book value
- Company is expected to give good quarter

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 4.30% over last 3 years.
- Contingent liabilities of Rs.460 Cr.
- Promoter holding has decreased over last 3 years: -18.5%

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -1% | -17% | 11% |
| revenue growth | 7% | -23% | 17% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 58 | 24 | -70 | 19 | 8 | 12 | 43 | 9 | 14 | 19 | 23 | 22 |
| Expenses | 21 | 18 | 54 | 6 | 6 | 2 | 11 | 2 | 3 | 3 | 11 | 4 |
| Operating Profit | 37 | 6 | -124 | 14 | 2 | 10 | 32 | 7 | 11 | 16 | 12 | 18 |
| OPM % | 64 | 26 | — | 69 | 27 | 82 | 74 | 76 | 79 | 84 | 53 | 81 |
| Other Income | 3 | 0 | 11 | 3 | 0 | 0 | 0 | 0 | 1 | 0 | 3 | 0 |
| Interest | 1 | 0 | -2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 7 | -14 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 39 | -1 | -97 | 16 | 2 | 10 | 32 | 7 | 13 | 16 | 15 | 18 |
| Tax % | 52 | 312 | -41 | 74 | -23 | 1 | 6 | 47 | 22 | 27 | 30 | 25 |
| Net Profit | 19 | -6 | -57 | 4 | 2 | 10 | 30 | 4 | 10 | 12 | 11 | 13 |
| EPS in Rs | 8.39 | -2.57 | -25.46 | 1.91 | 1.09 | 4.35 | 13.5 | 1.66 | 4.48 | 5.18 | 4.83 | 5.99 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 46 | 0 | 41 | 29 | 74 | 145 | 63 | 83 | 66 | 78 |
| Expenses | 5 | 5 | 7 | 10 | 15 | 45 | 103 | 25 | 19 | 21 |
| Operating Profit | 41 | -4 | 34 | 19 | 59 | 99 | -40 | 58 | 47 | 57 |
| OPM % | 90 | -1189 | 83 | 65 | 79 | 69 | -63 | 69 | 71 | 73 |
| Other Income | 15 | 42 | 42 | 42 | 10 | 10 | 14 | 3 | 5 | 5 |
| Interest | 23 | 46 | 38 | 28 | 16 | 6 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 4 | 1 | 1 | 0 | 0 |
| Profit before tax | 34 | -9 | 38 | 33 | 53 | 99 | -27 | 60 | 51 | 62 |
| Tax % | 80 | 73 | 147 | 38 | 37 | 40 | -10 | 23 | 29 | — |
| Net Profit | 7 | -15 | -18 | 20 | 33 | 59 | -24 | 47 | 36 | 46 |
| EPS in Rs | 2.93 | -6.74 | -7.99 | 9.09 | 15.01 | 26.63 | -10.87 | 20.86 | 16.14 | 20.48 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 |
| Reserves | 269 | 312 | 319 | 301 | 322 | 355 | 414 | 390 | 437 | 473 |
| Borrowings | 214 | 360 | 331 | 339 | 266 | 1 | 20 | 1 | 4 | 0 |
| Other Liabilities | 403 | 324 | 424 | 493 | 574 | 528 | 499 | 450 | 363 | 363 |
| Total Liabilities | 897 | 1006 | 1086 | 1144 | 1173 | 895 | 944 | 852 | 814 | 847 |
| Fixed Assets | 2 | 2 | 2 | 2 | 1 | 2 | 33 | 3 | 2 | 1 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 2 | 0 | 0 | 0 | 1 | 1 | 1 | 0 | 0 | 0 |
| Other Assets | 894 | 1005 | 1084 | 1142 | 1171 | 892 | 911 | 850 | 812 | 846 |
| Total Assets | 897 | 1006 | 1086 | 1144 | 1173 | 895 | 944 | 852 | 814 | 847 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 10 | -129 | -171 | 29 | 16 | 316 | 74 | 13 | -8 | 2 |
| Cash from Investing Activity | 0 | 3 | 46 | 0 | 0 | -1 | -35 | 0 | 3 | 2 |
| Cash from Financing Activity | -10 | 127 | 127 | -31 | -14 | -315 | -33 | -19 | 3 | -4 |
| Net Cash Flow | 0 | 1 | 2 | -2 | 2 | -1 | 6 | -6 | -2 | 0 |
| Free Cash Flow | 9 | -129 | -171 | 29 | 16 | 315 | 39 | 12 | -7 | 4 |
| CFO/OP | 2 | 8 | 907 | 145 | 206 | 553 | 95 | -34 | -13 | 51 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 0 | 6 | 1115 | 16 | 13 | 4 | 0 | 0 | 0 | 0 |
| Inventory Days | — | — | — | — | 32749 | 15225 | 13683 | 18931 | 13258 | 35747 |
| Days Payable | — | — | — | — | 81 | 23 | 0 | 0 | 0 | 0 |
| Cash Conversion Cycle | 0 | 6 | 1115 | 16 | 32680 | 15206 | 13683 | 18931 | 13258 | 35747 |
| Working Capital Days | 194 | 2979 | 652955 | 5656 | 8578 | 3290 | 948 | 2156 | 1797 | 2451 |
| ROCE % | 118 | 10 | 6 | 12 | 10 | 14 | 26 | -6 | 14 | 11 |

## Shareholding Pattern

### annual

| Category | Dec 2015 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 74.69% | 74.69% | 74.69% | 74.69% | 74.69% | 74.69% | 74.69% | 74.68% | 56.2% | 56.2% | 56.2% | 56.2% |
| FIIs | 0% | 0% | 0.09% | 0.08% | 0.08% | 0.08% | 0% | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% |
| DIIs | 8.08% | 3.73% | 2.08% | 2.08% | 1.98% | 1.71% | 1.68% | 0.51% | 0.31% | 0.31% | 0.31% | 0.31% |
| Government | 0% | 0% | 1.65% | 1.66% | 1.66% | 1.66% | 1.66% | 1.66% | 1.66% | 1.66% | 1.66% | 1.66% |
| Public | 17.23% | 21.58% | 21.49% | 21.5% | 21.6% | 21.87% | 21.98% | 23.1% | 41.79% | 41.79% | 41.78% | 41.79% |
| No. of Shareholders | 9372 | 9826 | 10203 | 10035 | 9920 | 10211 | 10723 | 11476 | 11567 | 11720 | 11736 | 11731 |

### Quarterly

| Category | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 74.68% | 74.68% | 56.2% | 56.2% | 56.2% | 56.2% | 56.2% | 56.2% | 56.2% | 56.2% | 56.2% | 56.2% |
| FIIs | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% |
| DIIs | 0.34% | 0.33% | 0.31% | 0.31% | 0.31% | 0.31% | 0.31% | 0.31% | 0.31% | 0.31% | 0.31% | 0.31% |
| Government | 1.66% | 1.66% | 1.66% | 1.66% | 1.66% | 1.66% | 1.66% | 1.66% | 1.66% | 1.66% | 1.66% | 1.66% |
| Public | 23.28% | 23.27% | 41.78% | 41.79% | 41.78% | 41.79% | 41.79% | 41.79% | 41.79% | 41.79% | 41.78% | 41.79% |
| No. of Shareholders | 11563 | 11930 | 11928 | 11567 | 11664 | 11640 | 11720 | 11749 | 11750 | 11750 | 11736 | 11731 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 3 / 4 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 7.61 | Sell |
| EMA (10) | 7.58 | Sell |
| SMA (20) | 8 | Sell |
| EMA (20) | 7.82 | Sell |
| SMA (50) | 8.26 | Sell |
| EMA (50) | 8.23 | Sell |
| SMA (100) | 8.94 | Sell |
| EMA (100) | 8.55 | Sell |
| SMA (200) | 8.57 | Sell |
| EMA (200) | 9.37 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 35.5 | Neutral |
| MACD (12,26,9) | -0.28 | Sell |
| Stochastic (14,3,3) | 7.97 | Buy |
| ADX (14) | 23.81 | Neutral |
| Williams %R (14) | -87.88 | Buy |
| ATR (14) | 0.31 | High Volatility |
| ROC (12) | -10.27 | Sell |
| Stoch RSI (14) | 22.3 | Neutral |
| UO (7,14,28) | 29.86 | Buy |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-08 | [Shareholder Meeting / Postal Ballot-Scrutinizers Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e9e506ea-a901-47cb-9861-d3d26fa477ba.pdf) |
| 2026-09-07 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=596c8bcd-e833-4de8-ab2e-2aea120e9e6e.pdf) |
| 2026-08-18 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ad7804de-581f-401e-9fd8-db42c0462576.pdf) |
| 2026-08-14 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a06dad66-b107-426b-930a-7dcbf90202be.pdf) |
| 2026-08-14 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a4d78c66-5bd3-4925-a79d-ac9a3f931de0.pdf) |
| 2026-08-12 | [Board Meeting Outcome for Board Meeting Outcome For Unaudited Financial Results For The Quarter Ended June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=99b0ba69-8dd4-47f6-b008-53136ce9aace.pdf) |
| 2026-08-03 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=08f05a43-36e4-4e8e-987d-e8f557fa6d97.pdf) |
| 2026-07-31 | [Board Meeting Outcome for Board Meeting Outcome For Approval Of The Audited Financial Results For The Quarter And Year Ended March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c259a403-dfee-4504-9743-7203c6a67461.pdf) |
| 2026-07-31 | [Board Meeting Intimation for Consider And Approve The Unaudited Financial Results For The Quarter Ended June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7153603b-f5bf-430d-8d92-01c12d9100bb.pdf) |
| 2026-07-31 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c331cdcf-78c5-47ba-802b-ed2f43a1a033.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Mar - Board meeting March 17, 2026 to approve unaudited results for quarter ended Dec 31, 2024. | [Board Meeting Intimation for Consider And Approve The Unaudited Financial Results For The Quarter Ended December 31, 2024. 9 Mar - Board meeting March 17, 2026 to approve unaudited results for quarter ended Dec 31, 2024.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2269b1b5-9ae3-4a7a-bf82-2375fae58cfc.pdf) |
| 8 May - Of Newspaper Publication pertain to Adjourned 56th Annual General meeting Notice and e-voting instructions, including Book Closure | [Announcement under Regulation 30 (LODR)-Newspaper Publication 8 May - Of Newspaper Publication pertain to Adjourned 56th Annual General meeting Notice and e-voting instructions, including Book Closure](https://www.bseindia.com/xml-data/corpfiling/AttachLive/24dd7b87-9b71-45b1-b32e-971556f26695.pdf) |
| 8 May - Board meeting on May 15, 2026 to approve Q1 FY2025-26 unaudited results. | [Board Meeting Intimation for For Consider And Approve The Unaudited Financial Results For The Quarter Ended June 30 2025 8 May - Board meeting on May 15, 2026 to approve Q1 FY2025-26 unaudited results.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/0310fec4-0b7a-4f6f-bb71-7639d912e2b4.pdf) |
| 7 May - Binny Ltd issued FY2024-25 annual report and adjourned AGM notice for 29 May 2026. | [Reg. 34 (1) Annual Report. 7 May - Binny Ltd issued FY2024-25 annual report and adjourned AGM notice for 29 May 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/6d273217-33f9-42bf-a2b3-9d7b80b0ede5.pdf) |
| 6 Mar - Company has published the unaudited financial results for the quarter ended September 30, 2024, in the English edition at Business Standard and the Tamil edition … | [Announcement under Regulation 30 (LODR)-Newspaper Publication 6 Mar - Company has published the unaudited financial results for the quarter ended September 30, 2024, in the English edition at Business Standard and the Tamil edition …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ec9544bb-735b-408e-b579-eab49b379719.pdf) |
| 6 Jan - Sudhir Anand resigns as Company Secretary and Compliance Officer effective 05 Jan 2026. | [Announcement under Regulation 30 (LODR)-Cessation 6 Jan - Sudhir Anand resigns as Company Secretary and Compliance Officer effective 05 Jan 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b11bfbfb-7900-48e9-9bb3-7d6f7a79c8c9.pdf) |
| 6 Jan - CS Sudhir Anand resigned as Company Secretary and Compliance Officer effective close of business 05 Jan 2026. | [Announcement under Regulation 30 (LODR)-Cessation 6 Jan - CS Sudhir Anand resigned as Company Secretary and Compliance Officer effective close of business 05 Jan 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2a9e5944-f022-4068-9437-b2fa2b4229d5.pdf) |
| 6 Feb - CS Mamta Jain resigned (letter 30-Dec-2025), relieved effective 06-Feb-2026. | [Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer 6 Feb - CS Mamta Jain resigned (letter 30-Dec-2025), relieved effective 06-Feb-2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/af6c1554-5544-4c76-9442-28908c36d93c.pdf) |
| 4 Mar - Board approved unaudited Q2 results; auditor qualified over Rs2,918.05L advance, Rs1,912L receivable; NCLT admitted IBC. | [Board Meeting Outcome for Unaudited Financial Resutls For The Quarter Ended September 30 2024 4 Mar - Board approved unaudited Q2 results; auditor qualified over Rs2,918.05L advance, Rs1,912L receivable; NCLT admitted IBC.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5bffe0b9-f96d-4c54-9ed9-bae11f5489d3.pdf) |
| 25 Feb - Board meeting on March 04, 2026 to consider unaudited financial results for quarter ended September 30, 2024. | [Board Meeting Intimation for Approve The Unaudited Financial Results For The Quarter Ended September 30, 2024 25 Feb - Board meeting on March 04, 2026 to consider unaudited financial results for quarter ended September 30, 2024.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e7261548-e444-48cd-aa04-cbc972065f42.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2012 from nse](https://archives.nseindia.com/annual_reports/AR_ATLANTA_2011_2012_14092012112449.zip) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1c963aa5-64da-4cd6-a67b-1933cec993fd.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2fcba835-ef92-44ef-9793-e2a756002bf1.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a437c72f-a5e6-457e-bd9a-3ae0090f7149.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b79d332a-c025-471e-947a-34b7f5875b2c.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/532759/75258532759.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/514215/75506514215.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/532759/70736532759.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/514215/72648514215.pdf) |
| from bse | [Financial Year 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/532759/67695532759.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Sep 2017 | [Concall - Sep 2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/9/b7707180-b603-47a3-9fcc-628cb7b1c8ac.pdf) |
| May 2017 | [Concall - May 2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/5/446e33f9-bff3-4610-88f6-255ee43ce8cb.pdf) |
| Feb 2018 | [Concall - Feb 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/2/0aa3b08e-6b49-491b-8dee-8d5c9f2d2602.pdf) |
| Dec 2017 | [Concall - Dec 2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/12/92a5d1b6-4f93-428b-be89-f84f64b4152c.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:28:12.243Z.
