Binani Industries Profile
Key Indicators
- Authorised Capital ₹ 160.00 Cr
- Paid Up Capital ₹ 154.35 Cr
- Company Age 62 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 3,033.16 Cr
- Satisfied Charges ₹ 146.30 Cr
- Revenue Growth -41.41%
- Profit Growth -10935.98%
- Ebitda -74762.79%
- Net Worth -108.67%
- Total Assets -54.23%
About Binani Industries
Binani Industries Limited (BIL) was founded in India on 02 August 1962 and has a glorious history of 62 years and eight months.Its registered office is in North 24 Parganas, West Bengal, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500059.
The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 160.00 Cr and a paid-up capital of Rs 154.35 Cr.
The company currently has active open charges totaling ₹3,033.16 Cr. The company has closed loans amounting to ₹146.30 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Binani Industries Limited India are Archana Shroff as CFO and Santwana Todi as Company Secretary. Rajesh Bagri, Manoj Shroff, Milin Ramani, and Four other members serve as directors at the Company.
Company Details
- Location
North 24 Parganas, West Bengal, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L24117WB1962PLC025584
- Company No.
025584
- Stock Symbol
BSE : 500059
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
02 Aug 1962
- Date of AGM
26 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Kolkata
Industry
Manufacturing
What products or services does Binani Industries Limited offer?
Binani Industries Limited offers a wide range of products and services, including Software Development & IT Consultant, Resource Management Systems, PVC, FRP, HDPE & Other Plastic Pipes, Industrial FRP Pipe, Cement, Material Testing Labs & Services, Environmental Testing Services, Payment Processing Service, Online Payment Solution, Portland Cement.
Binani Industries Limited
Explore comprehensive data for Binani Industries Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Binani Industries?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Archana Shroff  | Managing Director | 19-Feb-2024 | Current |
| Santwana Todi | Company Secretary | 19-Jan-2024 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rajesh Bagri | Director | 26-Apr-2018 | Current |
| Manoj Shroff | Director | 04-Feb-2022 | Current |
| Milin Ramani | Director | 28-Apr-2023 | Current |
| Sanjib Maity | Director | 04-Feb-2022 | Current |
| Pradyut Meyur | Director | 04-Feb-2022 | Current |
| Pankti Poojari | Director | 28-Apr-2023 | Current |
Financial Performance of Binani Industries.
Binani Industries Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 41.41% decrease. The company also saw a substantial fall in profitability, with a 10935.98% decrease in profit. The company's net worth observed a substantial decline by a decrease of 108.67%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Binani Industries?
In 2023, Binani Industries had a promoter holding of 52.62% and a public holding of 47.39%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Hubtown LimitedMilin Ramani is a mutual person
Luharuka Media & Infra LimitedMilin Ramani is a mutual person
Comfort Commotrade LimitedMilin Ramani is a mutual person
Tree House Education & Accessories LimitedMilin Ramani is a mutual person
Comfort Securities LimitedMilin Ramani is a mutual person
Relcon Infraprojects Ltd.Milin Ramani is a mutual person
Charges (Loans)
Open Charges
₹3,033.16 Cr
Satisfied Charges
₹146.30 Cr
Charges Breakdown by Lending Institutions
- Central Bank Of India : 3000.89 Cr
- The Indusiand Bank Limited : 19.85 Cr
- Bank Of Baroda : 3.68 Cr
- The Industrial Crdit & Investment Co. Of India Ltd. : 2.75 Cr
- State Bank Of Travancore : 2.00 Cr
- Others : 3.99 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Feb 2015 | Central Bank Of India | ₹3,000.89 Cr | Open |
| 31 Aug 1999 | The Indusiand Bank Limited | ₹19.85 Cr | Open |
| 09 Feb 1987 | Industrial Finance Corporation Of India | ₹1.14 Cr | Open |
| 06 Oct 1986 | State Bank Of Travancore | ₹2.00 Cr | Open |
| 15 Feb 1985 | Industrial Reconstruction Bank Of India | ₹1.50 Cr | Open |
How Many Employees Work at Binani Industries?
Unlock and access historical data on people associated with Binani Industries, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Binani Industries, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Binani Industries's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Binani Industries
Recent activity within the organization
- Director Appointment
Archana Manoj Shroff was appointed as a Managing Director was appointed as a Managing Director on 19 Feb 2024 & has been associated with this company since 1 year 1 month .
- Director Appointment
Archana Manoj Shroff was appointed as a Cfo was appointed as a Cfo on 19 Feb 2024 & has been associated with this company since 1 year 1 month .
- Director Appointment
Santwana Todi was appointed as a Company Secretary was appointed as a Company Secretary on 19 Jan 2024 & has been associated with this company since 1 year 2 months .
- Annual General Meeting
Binani Industries Limited last Annual general meeting of members was held on 26 Sep 2023 as per latest MCA records.
- Director Appointment
Milin Jagdish Ramani was appointed as a Director was appointed as a Director on 28 Apr 2023 & has been associated with this company since 1 year 11 months .
- Balance Sheet
Binani Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.
Recent News, Updates & Announcement
Binani Industries defers its financial results | Mint.Binani Industries today deferred announcement of its financial statements for the fourth quarter citing inability to obtain audited accounts of some of its subsidiaries.Last year, Binani Industries had lost Binani Cement in insolvency proceeding after it was dragged by its lenders before the NCLT.
- NSE updates ASM list for stocks: Here are the inclusions & exclusions.
NSE now has 17 stocks in the short-term ASM framework..
- SC rejects review plea by Rajputana against upholding UltraTech’s bid for Binani | Mint.
Supreme Court on 29 November had upheld UltraTech's bid for Binani Cement and dismissed the appeal by Rajputana Properties.
Frequently asked questions
What is the Incorporation or founding date of Binani Industries Limited?
Binani Industries Limited was incorporated on 02 Aug 1962.
What is authorized share capital and paid-up capital of Binani Industries Limited?
The authorized share capital of Binani Industries Limited is ₹ 160.00 Cr and paid-up capital is ₹ 154.35 Cr.
Who are the current board members & directors of Binani Industries Limited?
Currently 9 directors are associated with Binani Industries Limited.
- Rajesh Kumar Bagri
- Manoj Thakorlal Shroff
- Milin Jagdish Ramani
- Sanjib Maity
- Pradyut Meyur
- Pankti Yogesh Patel Poojari
- Archana Manoj Shroff
- Archana Manoj Shroff
- Santwana Todi
What is the registered address of Binani Industries Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Binani Industries Limited is 37/2 Chinar Park New Town Rajarhat Main Road, P.O. Hatiara, Kolkata, West Bengal, India, 700157.
What is the corporate identification number (CIN) and company number of Binani Industries Limited?
The corporate identification number (CIN) of Binani Industries Limited is L24117WB1962PLC025584 and the company number is 025584 as per Ministry of Corporate Affairs (MCA).
Is Binani Industries Limited registered with any stock exchange in India?
Yes, Binani Industries Limited is registered on Bombay Stock Exchange (BSE).
What is the official website of Binani Industries Limited?
The Official website of Binani Industries Limited is https://www.binaniindustries.com
What has been the recent revenue trend for Binani Industries Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Binani Industries Limited has fallen by -41.41%.
What change has been observed in the net worth of Binani Industries Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Binani Industries Limited has experienced an downturn of -108.67%.
What are the total open charges for Binani Industries Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Binani Industries Limited amount to ₹ 3,033.16 Cr.
When was the last Balance Sheet of Binani Industries Limited filed with the ROC?
The most recent Balance Sheet for Binani Industries Limited was filed with the ROC on 31 Mar 2023.
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