Past 10 year’s financial track record analysis by Moneyworks4me indicates that Binayak Tex Processors Ltd is a below average quality company.
The key valuation ratios of Binayak Tex Processors Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Binayak Tex Processors Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
| Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % ⓘ | 9.7% | 6.7% | 5.6% | 3.6% | 2.4% | 4.5% | 3.5% | 5.3% | 5.3% | 6% | - |
| Value Creation Index ⓘ | -0.3 | -0.5 | -0.6 | -0.7 | -0.8 | -0.7 | -0.8 | -0.6 | -0.6 | -0.6 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||||||||
| Sales ⓘ | 161 | 204 | 183 | 171 | 156 | 177 | 183 | 198 | 252 | 261 | 215 |
| Sales YoY Gr. | - | 27% | -10% | -7% | -8.5% | 13.2% | 3.7% | 7.9% | 27.6% | 3.6% | - |
| Adj EPS ⓘ | 91.9 | 53.5 | 47 | 16.1 | 9.5 | 34.4 | 24 | 63 | 70.2 | 73.7 | 45.9 |
| YoY Gr. | - | -41.7% | -12.3% | -65.7% | -40.8% | 260.1% | -30% | 162.3% | 11.3% | 5% | - |
| BVPS (₹) ⓘ | 812.1 | 863 | 905.9 | 922.4 | 932.6 | 967 | 1,024.7 | 1,087.5 | 1,157.6 | 1,231.9 | 1,263.7 |
| Adj Net Profit ⓘ | 6.5 | 3.8 | 3.3 | 1.2 | 0.7 | 2.4 | 1.7 | 4.5 | 5 | 5.2 | 3 |
| Cash Flow from Ops. ⓘ | -1.8 | 1.1 | 15.2 | 6.2 | 14.4 | 2.2 | 2.7 | 4.8 | 10.4 | 16.2 | - |
| Debt/CF from Ops. ⓘ | -23.8 | 44.4 | 2.7 | 7.4 | 2.2 | 15 | 13.8 | 10.4 | 4.9 | 3.2 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | 5.6% | 10.9% | 12.6% | 3.6% | ||||
| Adj EPS ⓘ | -2.4% | 50.5% | 45.3% | 5% | ||||
| BVPSⓘ | 4.7% | 5.7% | 6.3% | 6.4% | ||||
| Share Price | 7.7% | 9.7% | 10.8% | 11.2% | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | 12 | 6.4 | 5.3 | 1.8 | 1 | 3.6 | 2.4 | 6 | 6.3 | 6.2 | 3.7 |
| Op. Profit Mgn % ⓘ | 5.2 | 5 | 5.2 | 3.3 | 2.4 | 3.1 | 3.4 | 4.5 | 4.5 | 5.6 | 6 |
| Net Profit Mgn % ⓘ | 4.1 | 1.9 | 1.8 | 0.7 | 0.4 | 1.4 | 0.9 | 2.3 | 2 | 2 | 1.5 |
| Debt to Equity ⓘ | 0.8 | 0.8 | 0.6 | 0.7 | 0.5 | 0.5 | 0.5 | 0.6 | 0.6 | 0.6 | - |
| Working Cap Days ⓘ | 229 | 202 | 218 | 217 | 226 | 200 | 201 | 210 | 183 | 180 | 90 |
| Cash Conv. Cycle ⓘ | 116 | 87 | 99 | 106 | 97 | 81 | 79 | 83 | 71 | 70 | 4 |
Sales growth is growing at healthy rate in last 3 years 12.55%
Net Profit is growing at healthy rate in last 3 years 45.29%
Debt to equity has declined versus last 3 years average to 0.59
Return on Equity has declined versus last 3 years average to 3.70%
Sales growth is not so good in last 4 quarters at -23.08%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 45.9 | - |
| TTM Sales (₹ Cr.) | 215 | - |
| BVPS (₹.) ⓘ | 1,263.7 | - |
| Reserves (₹ Cr.) ⓘ | 89 | - |
| P/BV ⓘ | 0.60 | - |
| PE ⓘ | 16.55 | - |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 683.55 / 1023.00 |
| All Time Low / High (₹) | 5.77 / 1793.20 |
| Market Cap (₹ Cr.) | 54.1 |
| Equity (₹ Cr.) | 0.7 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 28.5 |
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| PARTICULARS | Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 160.52 | 203.88 | 183.43 | 170.53 | 156.11 | 176.69 | 183.26 | 197.72 | 252.33 | 261.29 |
| Operating Expenses ⓘ | 152.18 | 193.66 | 173.97 | 165 | 152.36 | 171.22 | 177.09 | 188.94 | 241.07 | 246.69 |
| Manufacturing Costs | 42.20 | 42.43 | 46.70 | 46.36 | 45.82 | 56.22 | 46.63 | 47.20 | 67.32 | 78.33 |
| Material Costs | 101.74 | 141.67 | 116.71 | 106.77 | 95.65 | 103.27 | 119.96 | 129.98 | 158.36 | 149.78 |
| Employee Cost | 2.71 | 2.97 | 3.21 | 3.80 | 4.36 | 4.66 | 4.22 | 4.61 | 6.03 | 7.44 |
| Other Costs ⓘ | 5.53 | 6.59 | 7.35 | 8.06 | 6.54 | 7.07 | 6.28 | 7.15 | 9.36 | 11.14 |
| Operating Profit ⓘ | 8.33 | 10.22 | 9.46 | 5.53 | 3.75 | 5.47 | 6.17 | 8.78 | 11.26 | 14.60 |
| Operating Profit Margin (%) | 5.2% | 5.0% | 5.2% | 3.2% | 2.4% | 3.1% | 3.4% | 4.4% | 4.5% | 5.6% |
| Other Income ⓘ | 1.87 | 1.20 | 1.29 | 1.55 | 1.56 | 1.84 | 4.81 | 2.16 | 1.86 | 1.24 |
| Interest ⓘ | 4.04 | 4.67 | 3.78 | 3.92 | 2.67 | 2.96 | 2.85 | 2.54 | 2.76 | 4.16 |
| Depreciation ⓘ | 0.84 | 1.34 | 1.31 | 1.57 | 1.62 | 1.73 | 2.71 | 2.32 | 3.26 | 3.70 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | 5.33 | 5.41 | 5.66 | 1.58 | 1.02 | 2.62 | 5.42 | 6.08 | 7.10 | 7.97 |
| Tax ⓘ | -1.20 | 1.61 | 2.32 | 0.45 | 0.34 | 0.17 | 1.31 | 1.61 | 2.11 | 2.69 |
| Profit After Tax | 6.53 | 3.81 | 3.34 | 1.13 | 0.68 | 2.45 | 4.10 | 4.47 | 4.99 | 5.28 |
| PAT Margin (%) | 4.1% | 1.9% | 1.8% | 0.7% | 0.4% | 1.4% | 2.2% | 2.3% | 2.0% | 2.0% |
| Adjusted EPS (₹) | 91.8 | 53.5 | 47.0 | 15.9 | 9.6 | 34.4 | 57.7 | 62.8 | 70.1 | 74.2 |
| Dividend Payout Ratio (%) | 2% | 4% | 4% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| PARTICULARS | Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 |
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 57.77 | 61.38 | 64.44 | 65.61 | 66.34 | 68.78 | 72.89 | 77.35 | 82.34 | 87.62 |
| Share Capital ⓘ | 0.71 | 0.71 | 0.71 | 0.71 | 0.71 | 0.71 | 0.71 | 0.71 | 0.71 | 0.71 |
| Reserves ⓘ | 57.05 | 60.67 | 63.73 | 64.90 | 65.63 | 68.07 | 72.18 | 76.64 | 81.63 | 86.91 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt | 43.05 | 48.13 | 40.11 | 44.39 | 30.27 | 31.64 | 36.85 | 48.05 | 48.67 | 48.98 |
| Long Term Debt | 0.40 | 0.29 | 0.15 | 1 | 0.34 | 0.54 | 0.38 | 6.34 | 9.38 | 10.42 |
| Short Term Debt | 42.65 | 47.83 | 39.96 | 43.38 | 29.93 | 31.10 | 36.47 | 41.71 | 39.29 | 38.56 |
| Trade Payables | 24.79 | 29.78 | 21.01 | 21.01 | 24.05 | 26.55 | 25.69 | 43.53 | 39.54 | 44.27 |
| Others Liabilities ⓘ | 5.94 | 2.59 | 4.29 | 6.01 | 7.36 | 6.73 | 8.77 | 12.65 | 16.28 | 21.21 |
| Total Liabilities ⓘ | 131.54 | 141.88 | 129.85 | 137.02 | 128.01 | 133.71 | 144.20 | 181.58 | 186.83 | 202.08 |
Fixed Assets | ||||||||||
| Gross Block | 16.20 | 16.61 | 18.09 | 17.48 | 27.84 | 18.92 | 39.89 | 55.53 | 62.60 | 74.17 |
| Accumulated Depreciation | 4.69 | 6.05 | 7.36 | 0 | 9.65 | 0 | 12.06 | 13.95 | 16.51 | 19.02 |
| Net Fixed Assetsⓘ | 11.51 | 10.56 | 10.73 | 17.48 | 18.19 | 18.92 | 27.83 | 41.58 | 46.09 | 55.15 |
| CWIP ⓘ | 0 | 0 | 1.64 | 1.15 | 1.74 | 1.36 | 1.77 | 0.15 | 2.58 | 2.12 |
| Investmentsⓘ | 7.37 | 7.37 | 7.37 | 9.11 | 9.03 | 8.96 | 7.50 | 7.37 | 7.37 | 7.37 |
| Inventories | 27.58 | 17.79 | 18.15 | 23.38 | 15.63 | 21.08 | 17.04 | 26.91 | 25.72 | 29.31 |
| Trade Receivables | 48.16 | 62.81 | 54.44 | 47.01 | 46.77 | 46.82 | 48.95 | 67.79 | 66.69 | 65.54 |
| Cash Equivalents | 4.27 | 6.84 | 8.40 | 8.33 | 4.92 | 4.53 | 5.46 | 5.74 | 4.96 | 4.86 |
| Others Assetsⓘ | 32.66 | 36.51 | 29.12 | 30.56 | 31.73 | 32.04 | 35.65 | 32.04 | 33.42 | 37.73 |
| Total Assets ⓘ | 131.54 | 141.88 | 129.85 | 137.02 | 128.01 | 133.71 | 144.20 | 181.58 | 186.83 | 202.08 |
| PARTICULARS | Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | -1.82 | 1.09 | 15.18 | 6.18 | 14.39 | 2.18 | 2.71 | 4.77 | 10.38 | 16.24 |
| PBT ⓘ | 5.33 | 5.41 | 5.66 | 1.63 | 1.06 | 2.62 | 5.42 | 6.08 | 7.10 | 7.97 |
| Adjustment ⓘ | 2.72 | 4.46 | 3.53 | 3.75 | 2.60 | 2.87 | 0.69 | 3.07 | 4.16 | 6.41 |
| Changes in Working Capital ⓘ | -7.69 | -6.72 | 8.13 | 2.14 | 12.22 | -3.3 | -3.4 | -6.54 | -1.93 | 1.31 |
| Tax Paid ⓘ | -2.18 | -2.06 | -2.14 | -1.34 | -1.50 | -0.01 | 0 | 2.16 | 1.05 | 0.56 |
| Cash Flow From Investing Activity ⓘ | 0.88 | 0.79 | -1.83 | -8.26 | -1.45 | -1.41 | -4.35 | -13.54 | -9.36 | -13.19 |
| Capex | -1 | -0.42 | -3.12 | -9.57 | -2.81 | -2.40 | -9.33 | -14.62 | -10.34 | -14.83 |
| Net Investments | 0 | 0 | 0 | 0 | 0 | -0.21 | 0.45 | -0.39 | -0.24 | 0.59 |
| Others ⓘ | 1.87 | 1.20 | 1.29 | 1.31 | 1.36 | 1.20 | 4.53 | 1.47 | 1.22 | 1.04 |
| Cash Flow From Financing Activityⓘ | 1.27 | 0.70 | -11.79 | 2.01 | -16.35 | -1.16 | 2.57 | 9.05 | -1.79 | -3.15 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Proceeds from Borrowing ⓘ | 0.17 | -0.17 | -0.18 | 2.22 | -0.66 | 0.20 | 0.01 | 5.96 | 2.63 | 1.04 |
| Interest Paid ⓘ | -3.75 | -4.33 | -3.63 | -3.49 | -2.34 | -2.53 | -2.70 | -2.13 | -1.99 | -3.46 |
| Dividend Paid ⓘ | -0.14 | -0.14 | -0.14 | -0.14 | 0 | 0 | 0 | 0 | 0 | 0 |
| Others ⓘ | 4.99 | 5.34 | -7.85 | 3.42 | -13.35 | 1.17 | 5.27 | 5.22 | -2.42 | -0.73 |
| Net Cash Flow ⓘ | 0.33 | 2.57 | 1.56 | -0.07 | -3.40 | -0.39 | 0.93 | 0.28 | -0.77 | -0.10 |
| PARTICULARS | Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 11.96 | 6.39 | 5.31 | 1.74 | 1.03 | 3.62 | 5.79 | 5.95 | 6.25 | 6.21 |
| ROCE (%) | 9.67 | 9.57 | 8.81 | 5.09 | 3.52 | 5.6 | 7.81 | 7.26 | 7.57 | 8.88 |
| Asset Turnover Ratio | 1.3 | 1.49 | 1.35 | 1.28 | 1.19 | 1.35 | 1.32 | 1.22 | 1.37 | 1.34 |
| PAT to CFO Conversion(x) | -0.28 | 0.29 | 4.54 | 5.47 | 21.16 | 0.89 | 0.66 | 1.07 | 2.08 | 3.08 | Working Capital Days |
| Receivable Days | 110 | 99 | 117 | 109 | 108 | 97 | 95 | 107 | 97 | 92 |
| Inventory Days | 55 | 41 | 36 | 44 | 45 | 38 | 38 | 40 | 38 | 38 |
| Payable Days | 75 | 70 | 79 | 72 | 86 | 89 | 79 | 97 | 96 | 102 |
Binayak Tex Processors Ltd.was incepted in the year 1971 under the efficient headship of the honorable Directors Dilip Pacheriwal & Pradip Pacheriwal. The logical ideas and effective methods of the director have assisted the company to acquire distinguished position amidst the leading home textiles manufacturers and suppliers in India. The company has also gained specialization in the dealing of products like sleeping pillows and kitchen apron set.
Binayak Tex Processors is the one-stop destination where one can avail huge assortment of home textile fabric. The company is actively catering to the specific needs of the clients engaged in sectors like home furnishing, institutions, hotels, hospitals, railways etc. by manufacturing supplying and exporting of home textile fabrics. In addition to this, the company has set net paradigms of brilliance in the market by rendering flawless quality products and prompt services. The home textile fabrics offered by them are ideal for enhancing luxury to one’s living.
With rich experience of 38 years, they have catered to the specific need of the clients and raised the bars of customers’ satisfaction. They have also carved a niche as one of the most trustworthy kitchen apron exporters and cotton bed sheets suppliers from India. The company is also renowned as the synonym of textile industry. Last but not the least, they have attained a competitive edge by outpacing their competitors.
The state-of-the-art infrastructure of the company is backed with technologically advanced tools and machineries that assist in the quality and quantity production of textile products. The robust infrastructural base has also helped it in printing of textiles up to 300 cms width and 12 colored designs. Moreover, the infrastructure also assists in the production of approximately 300000 meters of fabric in smaller width and 40000 meters in wider width per day.
Binayak Tex Processors Ltd. is recognized as one of the most staggering bed sheets manufacturers and suppliers in India. The fabrics used in the manufacturing of the home textiles are of optimum quality that ensures notable features like high comfort, softness and colorfastness. The home textiles are also available in varied colors, designs and patterns that meet the latest market trends. Additionally, customers are eased with the availability of the home textiles at the most affordable prices and within the stipulated time frame.
Product range of the company includes:
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Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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