Binny Mills
259.25
-13.55(-4.97%)
Market Cap₹67.00 Cr
PE Ratio-6.26
Company Performance:
1D-4.97%
1M-13.58%
6M+4.96%
1Y-20.88%
5Y+296.71%
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More news about Binny Mills
03Jan 26
Binny Limited Submits FY24 Secretarial Compliance Report Amid Regulatory Violations
Binny Limited filed its FY24 secretarial compliance report revealing multiple regulatory violations and penalties totaling ₹5.44 lakhs for delayed financial filings. The company faced governance challenges due to ongoing litigation and a SEBI case from 2021, resulting in improper board constitution. SEBI imposed a two-year market access ban on the company, promoters, directors, and CFO effective July 31, 2024, along with restrictions on association with listed companies.
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21Nov 25
Binny Mills Reports Rs 266.08 Crore Loss in Q2 FY26 Amid High Finance Costs
Binny Mills Limited reported a net loss of Rs 266.08 crore for Q2 FY26, an improvement from Rs 461.87 crore loss in Q2 FY25. Revenue from operations stood at Rs 155.99 crore. Finance costs were high at Rs 316.60 crore, impacting profitability. The company's balance sheet showed total assets of Rs 41,301.61 lakh and negative equity of Rs 23,423.11 lakh, indicating financial challenges. Earnings per share was negative Rs 10.30.
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19Sept 25
Binny Board Approves Land Mortgage for SPR Construction's ₹750 Crore Loan
Binny Mills' board has approved mortgaging 28.23 acres of land to facilitate a ₹750 crore loan for SPR Construction. The company clarified it won't act as a guarantor or borrower, with SPR Construction bearing sole responsibility for the loan. This move potentially impacts Binny Mills' asset utilization strategy, tying up significant real estate assets while possibly generating value from land holdings.
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08Aug 25
Binny Mills Completes Share Buyback, Reports Financial Results, and Receives Promoter Reclassification Approval
Binny Mills Limited has completed a significant share buyback of 6,05,204 equity shares from promoters, valued at Rs. 34.00 crores. The company reported a revenue of Rs. 632.18 lakhs and a net loss of Rs. 1,270.55 lakhs for the year. BSE approved the reclassification of six promoter entities to public shareholders, maintaining the overall shareholding structure. The company received a warning for delayed disclosure compliance. Board changes include new independent directors and a non-executive director appointment.
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31Jul 25
Binny Mills Reports Widened Q1 Loss, Sets AGM Date for August 29
Binny Mills Limited reported a net loss of Rs 287.30 lakhs for Q1 FY2024, up 7.4% from the previous year. Total income decreased by 16.2% to Rs 130.46 lakhs. The company's EPS worsened to -Rs 11.55. Binny Mills maintains a negative net worth of Rs 22,858.79 lakhs. The board approved Q1 results and scheduled the 18th AGM for August 29, 2023, via video conference.
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Binny Mills
259.25
-13.55
(-4.97%)
1 Year Returns:-20.88%
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