Company Profile For Binani Industries Ltd

Binani Industries Ltd (BINZ.BO) (Bombay Stock Exchange)

sector: Basic Materials · industry: Construction Materials ·

As of 24 Nov 2009

76.80INR

Price Change

+0.30

Percent Change

+0.39%

Analyst Recommendations

Overview

Binani Industries Limited (BIL) is an India-based holding company, which operates through its subsidiaries. The Company operates in three segments: zinc and by products, cement, and glass fiber and its products. The Company’s subsidiaries include Binani Cement Limited (BCL), Binani Zinc Limited (BZL), Goa Glass Fibre Limited (GGFL), BT Composites Limited (BTCL) and Wada Industrial Estate Limited (WIEL). During the fiscal year ended March 31, 2009 (fiscal 2009), BCL produced 42.92 lacs metric tons of cement and sold 42.43 lacs metric tons of cement. In fiscal 2009, the Company’s zinc production was 30,443 metric tons. WIEL focuses on undertaking activities relating to development of real estate.

Quick Financial Synopsis

BRIEF: For the three months ended 30 June 2009, Binani Industries Limited's revenues totaled RS7.79B. Net income totaled RS1.34B. Results are not comparable as financials for the previous year are not available. Binani Industries Limited (BIL) is a holding company having subsidiaries which are primarily in manufacturing products mainly for the housing, power and transportation sectors. The Company provides corporate support services to its subsidiaries.