BILVYAPAR
BIL VYAPAR financials
- Market cap
- ₹12 Cr
- Sector
- Financial Services
What BIL VYAPAR LIMITED does
BIL Vyapar Limited (formerly Binani Industries Limited) is a listed holding company that had no specific business operations as at 31 March 2025, following mergers, consolidation, takeovers and divestments of its earlier conglomerate structure. Shareholders approved a name change in April 2025 so the company can undertake business activities under Clause 4H of its Memorandum of Association, contingent on it identifying and acquiring a business or assets. It holds one subsidiary, Global Composites Holdings Inc, and its accounts are currently prepared on a liquidation (not going-concern) basis.
- Subsidiaries
- 1 (Global Composites Holdings Inc)
- Business operations
- No specific business operations as of FY25; repositioning under Clause 4H of Memorandum of Association
Quarterly results
Q4 FY26: net profit up 452.5% against the same quarter last year.
| Line item | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EBITDA | -1 | -1 | -0 | -0 | -1 −32% | -1 −47% | -0 +56% | -0 +76% |
| Net profit | 8 | -1 | -0 | -0 | -1 −109% | -1 −47% | 0 +115% | 1 +452% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −69.8% 1Y
1Y: ₹13.08 on 10 Sept 2025 → ₹3.95. High ₹13.91 (25 Sept 2025), low ₹3.9 (6 Aug 2026).
Financials, as filed
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Operating profit | ₹-7 Cr | ₹-2 Cr | ₹-2 Cr |
| Interest | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Depreciation | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Net profit | ₹-7 Cr | ₹7 Cr | ₹-0 Cr |
| Cash from operations | ₹-7 Cr | ₹-2 Cr | ₹6 Cr |
| Free cash flow | ₹-7 Cr | ₹-2 Cr | ₹6 Cr |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹31 Cr | ₹31 Cr | ₹31 Cr | ₹31 Cr | ₹31 Cr | ₹31 Cr |
| Reserves | ₹-314 Cr | ₹-163 Cr | ₹-218 Cr | ₹-224 Cr | ₹-219 Cr | ₹-218 Cr |
| Borrowings | ₹484 Cr | ₹188 Cr | ₹174 Cr | ₹172 Cr | ₹175 Cr | ₹175 Cr |
| Other liabilities | ₹238 Cr | ₹38 Cr | ₹33 Cr | ₹37 Cr | ₹28 Cr | ₹37 Cr |
| Total liabilities | ₹440 Cr | ₹94 Cr | ₹20 Cr | ₹16 Cr | ₹15 Cr | ₹25 Cr |
| Fixed assets | ₹19 Cr | ₹4 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Capital work in progress | ₹4 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹74 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹343 Cr | ₹90 Cr | ₹20 Cr | ₹16 Cr | ₹15 Cr | ₹25 Cr |
| Total assets | ₹440 Cr | ₹94 Cr | ₹20 Cr | ₹16 Cr | ₹15 Cr | ₹25 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
The ownership split has held steady since Jun 2025. The shareholder count shrank 2% to 39,038.
- Promoters
- 51.3%
- DIIs
- 1.7%
- Public
- 47.0%
Since Jun 2025
- DIIs −0.04 pp
- Public +0.03 pp
- Promoters 0.00 pp
How it drifted, 12 quarters
Over this window the public went from 45.3% to 47.0% — +1.7 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 52.6%, FIIs 0.3%, DIIs 1.8%, Public 45.3%.Dec '23: Promoters 52.6%, FIIs 0.3%, DIIs 1.8%, Public 45.3%.Mar '24: Promoters 52.6%, FIIs 0.3%, DIIs 1.8%, Public 45.3%.Jun '24: Promoters 52.6%, FIIs 0.3%, DIIs 1.8%, Public 45.3%.Sep '24: Promoters 52.6%, DIIs 1.8%, Public 45.6%.Dec '24: Promoters 52.6%, DIIs 1.8%, Public 45.6%.Mar '25: Promoters 52.6%, DIIs 1.8%, Public 45.6%.Jun '25: Promoters 51.3%, DIIs 1.8%, Public 47.0%.Sep '25: Promoters 51.3%, DIIs 1.7%, Public 47.0%.Dec '25: Promoters 51.3%, DIIs 1.7%, Public 47.0%.Mar '26: Promoters 51.3%, DIIs 1.7%, Public 47.0%.Jun '26: Promoters 51.3%, DIIs 1.7%, Public 47.0%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Krishnakant N. Shah newly disclosed 2.00% held
The same filing shows 0 holders trimming and 1 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of BIL VYAPAR LIMITED above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Triton Trading Company Private Limited | 44.12% | unchanged |
| Investor Education And Protection Fund Authority Ministry Of Corporate Affairs | 2.21% | unchanged |
| Krishnakant N. Shah | 2.00% | newly disclosed |
| The New India Assurance Company Limited Insurer | 1.72% | unchanged |
| Miracle Securities Pvt Ltd | 1.40% | unchanged |
| Nidhi Binani Singhania | 1.20% | unchanged |
| Shradha Binani | 1.12% | unchanged |
| Vidushi Binani | 1.09% | unchanged |
| Kalpana Brajbhushan Binani | 1.09% | unchanged |
| Atithi Tie-Up Private Limited | 1.04% | unchanged |
| Braj Binani | 0.21% | unchanged |
| Amrit Dhara Projects Private Limited | — | off the list |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse BIL VYAPAR LIMITED
Guides on how to read this kind of business and the numbers that matter.