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Binani Industries Limited (IN:BILVYAPAR)
:BILVYAPAR
India Market
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Binani Industries Limited (BILVYAPAR) AI Stock Analysis

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IN:BILVYAPAR

Binani Industries Limited

(BILVYAPAR)

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Neutral 43 (OpenAI - Gpt-5.6Sol)
Rating:43Neutral
Price Target:
₹4.00
▼(-35.69% Downside)
Action:Upgraded
Date:09/06/26
Overall score is held down primarily by very high balance sheet/solvency risk (negative equity with heavy debt) and ongoing operating losses with limited revenue visibility. Technicals add a further drag as price trades below key moving averages with negative MACD. Valuation is only modestly supportive given a ~30.7 P/E and no stated dividend yield.
Positive Factors
Positive FY2026 Cash Flow
Positive operating and free cash flow in FY2026 indicates the company generated cash internally despite reporting an operating loss. If sustained, this could help fund essential needs and reduce reliance on additional external financing over the next several quarters.
Negative Factors
Severely Stressed Capital Structure
Heavy debt combined with deeply negative equity indicates accumulated losses and very limited balance-sheet resilience. This structure can constrain future investment, increase dependence on creditor support, and leave the company vulnerable to refinancing or solvency pressure over the coming months.
Read all positive and negative factors
Positive Factors
Negative Factors
Positive FY2026 Cash Flow
Positive operating and free cash flow in FY2026 indicates the company generated cash internally despite reporting an operating loss. If sustained, this could help fund essential needs and reduce reliance on additional external financing over the next several quarters.
Read all positive factors

Binani Industries Limited (BILVYAPAR) vs. iShares MSCI India ETF (INDA)

Binani Industries Limited Business Overview & Revenue Model

Company Description
BIL Vyapar Limited currently lacks significant operational activities. Historically, the firm specialized in providing media and publication services. It was previously known as Binani Industries Limited, changing its designation to BIL Vyapar Lim...
How the Company Makes Money
Publicly available information in the provided context is insufficient to describe Binani Industries Limited’s current revenue model, key revenue streams, or significant partnerships without speculation; therefore, these specifics are null....

Binani Industries Limited Financial Statement Overview

Summary
Financial profile is highly stressed. Income statement shows operating losses in FY2025 and FY2026 with limited revenue visibility (reported revenue of 0), while the balance sheet is distressed with negative shareholders’ equity (~-1.86bn) against high debt (~1.73–1.75bn). Cash flow improved in FY2026 with positive operating and free cash flow (~69.2m), but it was negative in FY2025, indicating volatility.
Income Statement
12
Very Negative
Balance Sheet
6
Very Negative
Cash Flow
18
Very Negative
BreakdownTTMMar 2025Mar 2024
Income Statement
Total Revenue0.000.000.00
Gross Profit0.000.000.00
EBITDA-12.10M-17.70M798.21K
Net Income-12.10M-334.00K798.21K
Balance Sheet
Total Assets152.64M252.41M153.03M
Cash, Cash Equivalents and Short-Term Investments4.49M85.61M3.53M
Total Debt1.75B1.75B1.73B
Total Liabilities2.03B2.12B2.02B
Stockholders Equity-1.88B-1.86B-1.86B
Cash Flow
Free Cash Flow-17.77K69.18M-15.71M
Operating Cash Flow-17.74K69.18M-182.20K
Investing Cash Flow46.000.00146.00K
Financing Cash Flow16.51K12.90M14.31M

Binani Industries Limited Technical Analysis

Technical Analysis Sentiment
Positive
Last Price6.22
Price Trends
50DMA
4.11
Positive
100DMA
4.51
Negative
200DMA
5.86
Negative
Market Momentum
MACD
-0.02
Positive
RSI
52.08
Neutral
STOCH
19.61
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:BILVYAPAR, the sentiment is Positive. The current price of 6.22 is above the 20-day moving average (MA) of 4.13, above the 50-day MA of 4.11, and above the 200-day MA of 5.86, indicating a neutral trend. The MACD of -0.02 indicates Positive momentum. The RSI at 52.08 is Neutral, neither overbought nor oversold. The STOCH value of 19.61 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:BILVYAPAR.

Binani Industries Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
79
Outperform
₹1.66T62.621.04%14.09%21.36%
75
Outperform
₹187.93B23.600.48%15.75%59.22%
61
Neutral
₹97.45B133.320.77%90.13%-6.80%
57
Neutral
₹25.53B16.940.11%19.47%11.49%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
45
Neutral
₹178.43B33.670.20%27.05%123.98%
43
Neutral
₹124.52M30.80
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IN:BILVYAPAR
Binani Industries Limited
4.16
-8.61
-67.42%
IN:AARTIIND
AARTI Industries Ltd
491.05
101.65
26.10%
IN:ATUL
Atul Limited
6,309.15
5.27
0.08%
IN:PIDILITIND
Pidilite Industries Limited
1,585.00
44.64
2.90%
IN:ROSSARI
Rossari Biotech Ltd
458.05
-157.20
-25.55%
IN:SUDARSCHEM
Sudarshan Chemical Industries Limited
1,241.55
-173.67
-12.27%

Binani Industries Limited Corporate Events

BIL Vyapar Announces Change in Statutory Auditor
Aug 4, 2026
BIL Vyapar Limited, formerly known as Binani Industries Limited, has notified the stock exchanges of a change in its statutory auditor. The company, part of the Braj Binani Group and listed on BSE, NSE and the Calcutta Stock Exchange, maintains co...
BIL Vyapar Announces Statutory Auditor Change Following Resignation
Aug 4, 2026
BIL Vyapar Limited, part of the Braj Binani Group and formerly Binani Industries Limited, maintains a listed presence on BSE, NSE and the Calcutta Stock Exchange, with registered offices in Kolkata and a corporate base in Mumbai. The company funct...
BIL Vyapar Announces Change in Statutory Auditor
Aug 4, 2026
BIL Vyapar Limited, formerly Binani Industries Limited and part of the Braj Binani Group, is a listed company with registered offices in Kolkata and a corporate office in Mumbai. The company’s shares trade on BSE, NSE and the Calcutta Stock ...
BIL Vyapar Reschedules Key Creditors’ Meeting Amid Ongoing Insolvency Process
Aug 3, 2026
BIL Vyapar Limited has notified exchanges that its 18th meeting of the Committee of Creditors under the ongoing Corporate Insolvency Resolution Process has been rescheduled. The meeting, originally set for Monday, 3 August 2026, will now take plac...
Exchange Seeks Clarification from BIL Vyapar on Missing Audit Qualification Statement
Jun 23, 2026
The stock exchange has sought clarification from BIL Vyapar Limited for the quarter ended March 31, 2026 regarding its compliance with Regulation 33 of the SEBI listing requirements. Specifically, the company failed to submit the mandated Statemen...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Sep 06, 2026