Financial Result

Going-concern doubtNet loss reportedContingent liabilities increasedDebt to equity above the thresholdResults View source PDF Explain this filing

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-6.0%Reaction day

₹258.50

prior close

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announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.5%-4.5% vs market

Trading & Distributors peers, median of 127sector-1.2%-4.8% vs sector

On the reaction day the stock moved 4.5 pts less than Nifty Microcap 250 and 4.8 pts less than its Trading & Distributors peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-6.0-1.5-4.5-1.2-4.8

Next day

-10.7-2.1-8.6-1.8-8.9

-14.9-2.0-12.9-2.1-12.8

-18.7-0.7-18.0-2.0-16.7

-20.4-1.2-19.2-3.0-17.4

-18.7-1.3-17.4-2.5-16.2

—-2.0—-2.7—

15d

-6.4-4.4-1.9-3.0-3.3

-8.7-3.2-5.4-6.2-2.5

+0.8-11.8+12.6-14.0+14.8

+8.0-7.3+15.3-12.3+20.4

UpDownMarket · Nifty Microcap 250Sector · Trading & Distributors peers, median of 127Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Binny Mills reported a deeply negative quarter, posting a loss after tax of ₹1,270.55 lakhs against revenue of just ₹155.99 lakhs, with EPS at negative ₹10.30. Total expenses of ₹1,266.38 lakhs far exceeded income, confirming the company is in severe financial distress. The balance sheet shows completely eroded shareholder equity of negative ₹23,111.12 lakhs and total borrowings of roughly ₹17,376 lakhs (current + non-current) against total assets of only ₹17,789.90 lakhs. The filing explicitly notes the company is undergoing Corporate Insolvency Resolution Process (CIRP) since 7th September 2021, with the resolution plan of ₹21.26 Crores awaiting final NCLT approval. A pending City Civil Court case over a corporate guarantee given to M.G. Builders remains unresolved.

Likely market impact

Shareholders face extreme risk — the stock is effectively in insolvency proceedings with wiped-out equity and no signs of operating recovery. Any price movement will likely be driven by NCLT resolution outcomes rather than financial performance.