Is Binny Mills overvalued or undervalued?

As of 17 October 2025, the valuation grade for Binny Mills has moved from risky to very attractive, indicating a significant improvement in its investment appeal. The company is currently considered undervalued, especially given its unusual financial ratios, such as a PE ratio of -7.15 and an EV to EBITDA of 223.62. These figures suggest that the market has not fully recognized the potential value of the company, despite its negative capital employed and book value.
In comparison to peers, Binny Mills stands out with its very attractive valuation, especially when contrasted with Elitecon International, which is deemed very expensive with a PE ratio of 358.65, and MMTC, which is classified as risky with a PE ratio of 144.23. The stark differences in these ratios reinforce the notion that Binny Mills is undervalued relative to its peers. Additionally, the company's stock has outperformed the Sensex over the past three years, with a return of 86.64% compared to the Sensex's 43.73%, further supporting the case for its undervaluation.