Bindal Exports L

Which are the latest news on Bindal Exports L?

Why is Bindal Exports Ltd falling/rising?

As of 05-Sep, Bindal Exports Ltd's stock price is stable at Rs. 27.80, having reached a new 52-week high. Despite underperforming its sector, positive indicators like trading above moving averages and increased investor participation suggest potential for upward movement.

As of 05-Sep, Bindal Exports Ltd's stock price is currently stable at Rs. 27.80, showing no change (0.00%). Despite this stability, the stock has recently reached a new 52-week high of Rs. 27.80 today. However, it has underperformed its sector by 1.27%, indicating some weakness relative to its peers. <BR><BR>In terms of trading activity, the stock has exhibited erratic trading patterns, having not traded on 5 out of the last 20 days. This inconsistency may contribute to a lack of momentum in the stock price. On a positive note, Bindal Exports is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which typically suggests a bullish trend. Additionally, there has been a rise in investor participation, with a delivery volume of 8,000 shares on June 30, remaining stable against the 5-day average.<BR><BR>Overall, while the stock price is not currently rising or falling, the recent achievement of a 52-week high and the positive indicators from moving averages and investor participation suggest a potential for upward movement, despite the recent underperformance against the sector and erratic trading behavior.

Who are in the management team of Bindal Exports L?

The management team of Bindal Exports L includes Ravindrakumar K Arya (Chairman & Managing Director), Anupam Ravindra Arya (Executive Director), Apurva Ravindra Arya (Director), Aditya Joshi (Independent Director), Hiral Vaghasiya (Additional Director), and Dhruvi Shyam Kapadia (Company Secretary).

The management team of Bindal Exports L includes the following individuals:<BR><BR>1. **Ravindrakumar K Arya** - Chairman & Managing Director<BR>2. **Anupam Ravindra Arya** - Executive Director<BR>3. **Apurva Ravindra Arya** - Director<BR>4. **Aditya Joshi** - Independent Director<BR>5. **Hiral Vaghasiya** - Additional Director<BR>6. **Dhruvi Shyam Kapadia** - Company Secretary<BR><BR>If you need more details about their roles or the company, feel free to ask!

What does Bindal Exports L do?

Bindal Exports Ltd operates in the Gems, Jewellery and Watches industry as a Micro Cap company, originally founded in 1997. It has a market cap of INR 12 Cr, with key metrics including a P/E ratio of 46.00 and a return on equity of 4.02%.

Overview:<BR>Bindal Exports Ltd operates in the Gems, Jewellery and Watches industry and is categorized as a Micro Cap company.<BR><BR>History:<BR>The company was originally incorporated in 1997 as a Partnership Firm under the name "M/s. J.B. Exports" and later changed its name to "M/s. Bindal Exports" on March 31, 2007. Revenue and profit data for the latest quarter are not available.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: N/A<BR>Market-cap value: INR 12 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 46.00<BR>Industry P/E: 24<BR>Dividend Yield: 0.00%<BR>Debt Equity: -0.07<BR>Return on Equity: 4.02%<BR>Price to Book: 1.37<BR><BR>Contact Details:<BR>Address: Block No 270 Bindal House, Kumbharia Surat-Kadodara Road Surat Gujarat : 395010<BR>Tel: 91-0261-2640706<BR>Email: info@bindalexports.com<BR>Website: http://www.bindalexports.com

Who are the peers of the Bindal Exports L?

Bindal Exports L's peers include Sover. Diamonds, Super Fine Knit., S K Internation., AURUS GEM, Shukra Jewellery, Gautam Gems, Goblin India, Varyaa Creations, and Kenrik Indust. Most peers exhibit below average management risk and growth, with Shukra Jewellery and Kenrik Indust showing better performance in these areas.

Peers: The peers of Bindal Exports L are Sover. Diamonds, Super Fine Knit., S K Internation., AURUS GEM, Shukra Jewellery, Gautam Gems, Goblin India, Varyaa Creations, and Kenrik Indust.<BR><BR>Quality Snapshot: Below Average management risk is observed at Sover. Diamonds, Super Fine Knit., S K Internation., AURUS GEM, Gautam Gems, Goblin India, and Kenrik Indust., while Good management risk is found at Varyaa Creations and Shukra Jewellery. Below Average growth is noted for Sover. Diamonds, Super Fine Knit., S K Internation., AURUS GEM, Gautam Gems, Goblin India, and Bindal Exports L, while Average growth is seen at Varyaa Creations and Good growth is noted at Shukra Jewellery and Kenrik Indust. Below Average capital structure is present in Sover. Diamonds, Super Fine Knit., S K Internation., AURUS GEM, Gautam Gems, Goblin India, and Bindal Exports L, while Good capital structure is observed at Shukra Jewellery and Kenrik Indust.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Super Fine Knit. at N/A, while the peer with the lowest is AURUS GEM at -27.13%. Bindal Exports L's 1-year return is also N/A, indicating it does not have a reported return. Additionally, peers with negative six-month returns include AURUS GEM, Shukra Jewellery, and Kenrik Indust.

How big is Bindal Exports L?

As of 10th June, Bindal Exports Ltd has a market capitalization of 12.00 Cr, classifying it as a Micro Cap company, with no recent financial data available for the latest four quarters. The latest balance sheet shows Shareholder's Funds of 8.95 Cr and Total Assets of 10.84 Cr as of March 2025.

As of 10th June, <BR><BR>Market Cap: Bindal Exports Ltd has a market capitalization of 12.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: There is no valid financial data available for the latest four quarters, including Net Sales and Net Profit.<BR><BR>Balance Sheet Snapshot: The latest annual reporting period is March 2025, with Shareholder's Funds amounting to 8.95 Cr and Total Assets valued at 10.84 Cr.

When is the next results date for Bindal Exports Ltd?

Bindal Exports Ltd will announce its results on 30 May 2026.

Bindal Exports Ltd is scheduled to declare its results on 30 May 2026.

How has been the historical performance of the Bindal Exports L?

Bindal Exports L has experienced fluctuating financial performance, with net sales declining from Rs 40.66 crore in March 2023 to Rs 30.24 crore in March 2024, while operating profit slightly increased and profit margins improved. However, net profit and earnings per share both decreased during the same period.

Answer:<BR>The historical performance of Bindal Exports L shows a fluctuating trend in net sales and profitability over the years.<BR><BR>Breakdown:<BR>Bindal Exports L reported net sales of Rs 30.24 crore in March 2024, a decline from Rs 40.66 crore in March 2023 and Rs 37.44 crore in March 2022. The total operating income mirrored this trend, with Rs 30.24 crore in March 2024 compared to Rs 40.66 crore in the previous year. The company’s total expenditure, excluding depreciation, was Rs 29.38 crore in March 2024, down from Rs 39.70 crore in March 2023. Operating profit (PBDIT) increased slightly to Rs 1.03 crore in March 2024 from Rs 0.96 crore in March 2023, while profit before tax decreased to Rs 0.38 crore from Rs 0.46 crore. The net profit also saw a decline, reaching Rs 0.32 crore in March 2024 compared to Rs 0.42 crore in the prior year. Earnings per share (EPS) dropped to Rs 0.70 in March 2024 from Rs 0.91 in March 2023. Despite these fluctuations, the operating profit margin improved to 2.84% in March 2024 from 2.36% in March 2023, and the PAT margin slightly increased to 1.06% from 1.03%.

Who are the top shareholders of the Bindal Exports L?

The top shareholders of Bindal Exports L are primarily the promoters, with Ravindrakumar Kanhaiyalal Arya holding 33.26%. Public shareholders include Murarilal Saraf Huf at 3.65%, while individual investors collectively own 22.78%, and there are no mutual funds or foreign institutional investors involved.

The top shareholders of Bindal Exports L include the promoters, who hold the majority of the shares. The promoter with the highest holding is Ravindrakumar Kanhaiyalal Arya, who owns 33.26% of the company. In terms of public shareholders, the highest individual investor is Murarilal Saraf Huf, holding 3.65%. Additionally, individual investors collectively hold 22.78% of the shares. There are currently no mutual funds or foreign institutional investors (FIIs) holding shares in the company.