How did the loss change year-on-year?

The net loss for FY26 was ₹1,942.66 lakhs, compared to ₹1,270.55 lakhs in the prior year.

What is the primary cost driver?

Finance costs of ₹1,889.64 lakhs are the main driver, nearly matching the total net loss.

What does the negative net worth mean?

Liabilities exceed assets by ₹24,801.23 lakhs, a technical insolvency position that worsened over the year.

Is this a surprising result?

No. The filing states the loss pattern is consistent with ongoing financial distress and does not represent an unexpected development.

Earnings · Trading · Micro cap

Binny Mills' loss deepens. Finance costs are now the entire problem.

FY26 net loss widened to ₹1,942.66 lakhs. Debt-service costs of ₹1,889.64 lakhs are nearly the entire deficit.

— 2 earlier stories on Binny Mills Ltd. →

BINNYMILLS By Tipsheet Editorial 22 May 2026 · 2:47 PM IST Verify on BSE · NSE

Mkt cap₹90.8 cr

ROE5.56%

₹1,942.66 lakhs FY26 net loss, up from ₹1,270.55 lakhs in the prior year.

What's new

Net loss widened to ₹1,942.66 lakhs in FY26 from ₹1,270.55 lakhs.
Finance costs of ₹1,889.64 lakhs were nearly as large as the total loss.
Negative net worth deepened to ₹24,801.23 lakhs.

Why this matters

Finance costs consumed almost the entire operating result. The balance sheet is in deeper technical insolvency. The loss pattern is consistent with ongoing distress, not a new shock.

What we're watching

Whether lenders take action given the deepening equity deficit.
Any asset sales or restructuring that could address the ₹24,801.23 lakhs hole.

The full read

Binny Mills' FY26 results confirm a deepening financial hole. Net loss widened to ₹1,942.66 lakhs from ₹1,270.55 lakhs. The balance sheet is the real story. Finance costs hit ₹1,889.64 lakhs, nearly matching the total net loss. Debt service is consuming the company. Negative net worth deepened to ₹24,801.23 lakhs. The results are not a surprise. They are consistent with a nano-cap in ongoing distress. The annual loss is now almost entirely a function of interest payments.

Questions answered

How did the loss change year-on-year?: The net loss for FY26 was ₹1,942.66 lakhs, compared to ₹1,270.55 lakhs in the prior year.
What is the primary cost driver?: Finance costs of ₹1,889.64 lakhs are the main driver, nearly matching the total net loss.
What does the negative net worth mean?: Liabilities exceed assets by ₹24,801.23 lakhs, a technical insolvency position that worsened over the year.
Is this a surprising result?: No. The filing states the loss pattern is consistent with ongoing financial distress and does not represent an unexpected development.

Mentioned: Binny Mills Ltd. · FY26 · ₹1,942.66 lakhs net loss

Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Company snapshot

Binny Mills Ltd.

Miscellaneous

₹96 cr

Latest quarter · Mar 2026

Sales₹4 cr

Net profit−₹11 cr

Op. margin−1.6%

EPS−₹42.49

Strength & growth

Debt / equity-0.64×

Current ratio0.02×

Sales CAGR+0.8%

Story so far

All notes on BINNYMILLS →

22 May 2026 · 2:47 PM IST Binny Mills' loss deepens. Finance costs are now the entire problem.
2d ago Binny Mills control shifts to Sisters group in family settlement
31d ago Binny Mills deepens annual losses to ₹1,942.66 lakhs