SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Bannari Amman Spinning Mills Ltd (BASML)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 532674 NSE: BASML Textile - Spinning | Small Cap | Bannari Amman Spg Share Price

₹24.50 -0.58 (-2.31%)

As on 04-Jun'26 16:59

Bannari Amman Spinning Mills Ltd (BASML)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 532674 NSE: BASML Textile - Spinning | Small Cap | Bannari Amman Spg Share Price

₹24.50 -0.58 (-2.31%)

As on 04-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹196 Cr.
Current Price
₹24.5
52-Week Low / High
₹17 / 38
TTM EPS
₹2.1
TTM Sales
₹870 Cr.
Book Value per Share
₹60.5
P/E Ratio
11.59
Industry PE
21.5
Price to Book (P/B)
0.41
Lower than its 5-year historical median
Price to Sales (P/S)
0.22
Lower than its 5-year historical median
EV/EBITDA
6.30
Lower than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
-0.30%
In line with industry median
Return on Capital Employed (ROCE)
4.77%
Underperforms industry median
Return on Assets (ROA)
-0.11%
Operating Profit Margin
7.3%
Net Profit Margin
-0.13%
Gross Profit Margin
2.5%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
-3.92%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
115.19%
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
49.55%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹443 Cr.
Equity
₹40 Cr.
Face Value
₹5
All Time Low / High
₹7.69 / 125.60

Bannari Amman Spinning Mills stock performance

Key Ratios
mw4me loader

Check Before You Invest

Valuation

Overvalued

Price Trend

Strong
Q.1 Is Bannari Amman Spinning Mills Ltd a good quality company?
Bannari Amman Spinning Mills Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Bannari Amman Spinning Mills Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Bannari Amman Spinning Mills Ltd vs industry peers?
Bannari Amman Spinning Mills Ltd revenue CAGR is -0.83%, compared to the industry median CAGR of 1.47%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Bannari Amman Spinning Mills Ltd?
Promoters hold 49.55% of the Bannari Amman Spinning Mills Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Bannari Amman Spinning Mills Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of -9.9% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Bannari Amman Spinning Mills Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 8.9%7.3%7.3%8.5%6.8%5.1%14.6%-0.3%2.2%4.8%-
Value Creation
Index
-0.4-0.5-0.5-0.4-0.5-0.60.1-1.0-0.8-0.7-

Growth Parameters

Sales 7718688921,0009258601,2851,046924887870
Sales YoY Gr.-12.6%2.7%12.1%-7.5%-7.1%49.5%-18.7%-11.7%-3.9%-
Adj EPS 3.621.22.9-2.1-2.56.9-4.8-3.2-0.32.1
YoY Gr.--43.8%-40.7%136.4%-174.8%NANA-169.5%NANA-
BVPS (₹) 52.956.657.460.660.158.265.559.956.161.560.5
Adj Net
Profit
18.510.46.214.6-10.9-12.546.9-32.6-21.7-1.917
Cash Flow from Ops. 57.625.711.757.312316647.3-42.911622.3-
Debt/CF from Ops. 8.321.754.911.7539.1-13.24.420.9-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 1.6%-0.8%-11.6%-3.9%
Adj EPS -174.9%NA-133.9%NA
BVPS1.7%0.4%-2.1%9.6%
Share Price -9.5% -13.2% -16.4% -26.4%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
7.13.72.14.8-3.5-4.112.7-7.7-5.5-0.53.5
Op. Profit
Mgn %
11.99.99.710.38.2811.42.13.37.39.9
Net Profit
Mgn %
2.41.20.71.5-1.2-1.53.7-3.1-2.4-0.21.9
Debt to
Equity
1.81.92.22.221.711.41.31.10.2
Working Cap
Days
16214715817319017711717420019389
Cash Conv.
Cycle
121111108114124103711181261248

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales7718688921,0009258601,2851,046924887
Operating Expenses + 6797838058978507931,1391,025893823
Manufacturing Costs795778937979107878488
Material Costs519631608677650595869822699628
Employee Cost 455482918879110828280
Other Costs 35413636334054332926
Operating Profit 9285871037567146213065
Operating Profit Margin (%) 11.9%9.8%9.7%10.3%8.1%7.8%11.4%2.0%3.3%7.3%
Other Income + 126918644203
Exceptional Items 0000000000
Interest 36445762655746434945
Depreciation 29302830282828272925
Profit Before Tax 28148190-1276-45-28-3
Tax 930-00-227-14-8-2
Profit After Tax 19117190-1149-31-21-1
PAT Margin (%) 2.4%1.3%0.8%1.9%0.0%-1.2%3.8%-3.0%-2.2%-0.1%
Adjusted EPS (₹)3.62.21.43.80.0-2.17.2-4.6-3.1-0.2
Dividend Payout Ratio (%)13.60%25.30%34.30%13%0%0%8%0%0%0%

Valuation of Bannari Amman Spg - Standalone

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 270289293309307297444405380416
Share Capital 16161616161632323232
Reserves 254273277293291281411373347384
Debt +414506608617563448422542468397
Long Term Debt177191255215183158225275219143
Short Term Debt237315352402380291197267249255
Minority Interest0000000000
Trade Payables85371008911395841029952
Others Liabilities 163113861051101038980106149
Total Liabilities 9319461,0871,1201,0939431,0391,1301,0531,014

Fixed Assets

Net Fixed Assets +499574598589569542533502480476
Gross Block815601653673657647665656660680
Accumulated Depreciation31627558589105132154180204
CWIP 2031100451015
Investments 272527272626283244
Inventories196198276255249181214284211217
Trade Receivables8885114177164129176183169157
Cash Equivalents 10229828912786
Others Assets 90406162575672116170138
Total Assets 9319461,0871,1201,0939431,0391,1301,0531,014

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 5826125712316647-4311622
PBT 28148190-1276-50-3741
Adjustment 65738486748477778017
Changes in Working Capital -29-56-78-445193-93-6972-33
Tax Paid -6-6-2-4-21-13-10-3
Cash Flow From Investing Activity + -58-67-45-2316-0-23-45-355
Capex -59-70-47-22133-21-41-10-24
Net Investments -035-222-3-4477
Others 10-211-41131
Cash Flow From Financing Activity + -35324-38-118-184-2282-110-82
Net Proceeds from Shares 00000099000
Net Proceeds from Borrowing -291547-22-25-302251-56-45
Interest Paid -35-37-56-63-67-64-48-48-51-48
Dividend Paid -3-3-3-3-300-400
Others 64783750-23-90-9482-311
Net Cash Flow -412-9-321-182-63-5

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)7.094.012.526.430.06-3.513.16-7.4-5.26-0.3
ROCE (%)8.877.327.268.526.845.1314.63-0.272.244.77
Asset Turnover Ratio0.870.930.880.910.840.841.30.970.850.86
PAT to CFO Conversion(x)3.052.361.713N/AN/A0.96N/AN/AN/A
Working Capital Days
Receivable Days38.3036.4040.9053.2067.3062.2043.3062.5069.5067.10
Inventory Days82.8082.8096.909799.5091.3056.1086.8097.9088.10
Payable Days021.7041.1050.9056.8063.9037.6041.3052.7043.90

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Bannari Amman Spinning Mills Ltd FAQs

The current trading price of Bannari Amman Spg on 04-Jun-2026 16:59 is ₹24.50.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 03-Jun-2026 the market cap of Bannari Amman Spg stood at ₹195.8 Cr

The latest P/E ratio of Bannari Amman Spg as of 03-Jun-2026 is 11.59.

The latest P/B ratio of Bannari Amman Spg as of 03-Jun-2026 is 0.41.

The 52-week high of Bannari Amman Spg is ₹38.00 and the 52-week low is ₹17.18.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Bannari Amman Spg is ₹870 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Bannari Amman Spinning Mills Ltd is a below average quality company.

The key valuation ratios of Bannari Amman Spinning Mills Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Bannari Amman Spinning Mills Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

About Bannari Amman Spinning Mills Ltd

Bannari Amman Spinning Mills was incorporated as Shiva Textiles (CBT) Limited on July 10, 1989 under the Companies Act, 1956 and changed name to ‘Bannari Amman Spinning Mills’ on October 11, 1991 and commenced its commercial operations in the year 1995. Bannari Amman Spinning Mills, a distinguished name in the Indian textile industry, has a rich legacy that dates back to 1989. Founded as part of the Bannari Amman Group, one of South India’s most respected and diversified industrial conglomerates, the mill was established with a vision to revolutionize the textile sector by integrating traditional craftsmanship with modern technology.

In its early years, Bannari Amman Spinning Mills started as a small spinning unit, focusing on producing high-quality cotton yarn. Through dedication to quality and customer satisfaction, the mill quickly gained a reputation for excellence, prompting steady growth and expansion. The 2000s marked a period of rapid development, with the company diversifying its operations to include weaving, knitting, Fabric Processing and garment production. This vertical integration allowed the company to control the entire production process, ensuring the highest standards of quality at every stage. In 2006, Bannari Amman Spinning Mills went public, further solidifying its position as a major player in the textile industry. Throughout its journey, Bannari Amman Spinning Mills has remained committed to innovation, sustainability, and ethical business practices. The company has continuously invested in state-of-the-art technology and infrastructure, ensuring it remains at the forefront of the industry.

The company is an integrated textile company engaged in the manufacture of cotton yarn, knitted & woven fabrics, processing of fabrics, finished garments, home textiles and wind power generation. It stands as a testament to the power of vision, hard work, and integrity. With decades of experience, the company continues to push the boundaries of what is possible in the textile industry, providing customers with premium products that are both innovative and sustainable. As it moves forward, it remains dedicated to its founding principles, striving to create value for its customers, employees, and the community at large.

Business area of the company

Bannari Amman Spinning Mills is an integrated textile company engaged in the manufacture of cotton yarn, knitted & woven fabrics, processing of fabrics, finished garments, home textiles and wind power generation. The company shares its roots with the Bannari Amman group of companies which has diverse interests spanning various industries in South India.

Business Divisions of the company

  • Spinning division: The division is equipped with state-of-the-art spinning machinery from renowned manufacturers, including LMW Coimbatore, RIETER Switzerland, and TRUTZSCHLER Germany.
  • Knitting division: The division serves as a hub of advanced textile manufacturing, specializing in the production of grey knitted fabrics.
  • Processing division: Equipped with state-of-the-art technology, the facility is designed to meet a wide range of knit processing requirements, ensuring the delivery of premium-quality products that consistently exceed industry standards.
  • Weaving division: The unit is equipped with 135 Sulzer wider-width jumbo looms and 18 Sulzer Airjet looms. These advanced machines enable the production of ultra-fine count fabrics in both narrow and wider widths, ensuring superior quality and precision in every weave.
  • Home textile division: The company has established a dedicated home textile division to manufacture high-end home textile products catering to the niche upcountry market.
  • Wind mill division: The company proudly operates multiple windmills, and the electricity generated is primarily used for captive consumption, directly supplying power to its spinning units.


You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×