Financials Bindal Exports Limited

Equities

BINDALEXPO6

INE564V01013

Textiles & Leather Goods

Market Closed - Bombay S.E. 06:00:56 2024-06-10 am EDT 5-day change 1st Jan Change
22.6 INR +4.78% Intraday chart for Bindal Exports Limited +4.78% +34.36%

Valuation

Fiscal Period: März 2018 2019 2020 2021 2022 2023
Capitalization 1 67.63 53.36 18.49 23 90.85 102.8
Enterprise Value (EV) 1 152.7 135.3 92.85 28.27 156.3 152.9
P/E ratio 47.4 x 58 x 9.81 x 10.9 x 27.1 x 24.6 x
Yield - - - - - -
Capitalization / Revenue 0.19 x 0.17 x 0.05 x 0.1 x 0.24 x 0.25 x
EV / Revenue 0.43 x 0.42 x 0.27 x 0.12 x 0.42 x 0.38 x
EV / EBITDA 14.8 x 13.8 x 9.7 x 3.44 x 17.6 x 15.9 x
EV / FCF 5.32 x 638 x 6.73 x - -2.45 x 11.4 x
FCF Yield 18.8% 0.16% 14.9% - -40.7% 8.75%
Price to Book 0.83 x 0.63 x 0.21 x 0.26 x 0.98 x 1.07 x
Nbr of stocks (in thousands) 4,600 4,600 4,600 4,600 4,600 4,600
Reference price 2 14.70 11.60 4.020 5.000 19.75 22.35
Announcement Date 5/28/18 9/2/19 8/31/20 8/31/21 9/8/23 9/8/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: März 2018 2019 2020 2021 2022 2023
Net sales 1 352.4 322.5 345.6 232.8 374.4 406.6
EBITDA 1 10.33 9.826 9.577 8.224 8.903 9.59
EBIT 1 9.693 9.267 9.286 7.949 8.568 9.229
Operating Margin 2.75% 2.87% 2.69% 3.42% 2.29% 2.27%
Earnings before Tax (EBT) 1 2.325 1.936 1.689 2.839 4.119 4.573
Net income 1 1.448 0.9282 1.885 2.119 3.369 4.201
Net margin 0.41% 0.29% 0.55% 0.91% 0.9% 1.03%
EPS 2 0.3100 0.2000 0.4097 0.4600 0.7300 0.9100
Free Cash Flow 1 28.7 0.212 13.8 - -63.67 13.38
FCF margin 8.14% 0.07% 3.99% - -17% 3.29%
FCF Conversion (EBITDA) 277.9% 2.16% 144.11% - - 139.49%
FCF Conversion (Net income) 1,981.56% 22.84% 732.29% - - 318.44%
Dividend per Share - - - - - -
Announcement Date 5/28/18 9/2/19 8/31/20 8/31/21 9/8/23 9/8/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 85.1 82 74.4 5.26 65.4 50.1
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 8.238 x 8.343 x 7.764 x 0.64 x 7.349 x 5.22 x
Free Cash Flow 1 28.7 0.21 13.8 - -63.7 13.4
ROE (net income / shareholders' equity) 1.78% 1.11% 2.2% 2.42% 3.72% 4.45%
ROA (Net income/ Total Assets) 2.73% 2.64% 2.78% 2.9% 3.09% 2.8%
Assets 1 53 35.19 67.9 73.04 109.1 150.3
Book Value Per Share 2 17.80 18.50 18.80 19.30 20.10 21.00
Cash Flow per Share 2 0.6200 0.2000 0.5300 1.810 0.2200 0.1200
Capex 1 0.23 1.56 0.01 - - 1.74
Capex / Sales 0.07% 0.49% 0% - - 0.43%
Announcement Date 5/28/18 9/2/19 8/31/20 8/31/21 9/8/23 9/8/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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