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Bannari Amman Spinning Mills Ltd share price logo

Bannari Amman Spinning Mills Ltd

(BASML)

₹67.640.62%

as on 04:01PM, 11 Sep 2024

Overview
News
Financials
Q1 2024 Results
Technicals

Performance

  • Day's Low

    Day's High

    ₹66.42
    ₹71.71
  • 52 Week's Low

    52 Week's High

    ₹37.5
    ₹71.71
1 Month Return+ 25.83 %
3 Month Return+ 56.1 %
1 Year Return+ 33.19 %
Previous Close₹68.06
Open₹68.59
Volume25.27L
Upper Circuit-
Lower Circuit-
Market Cap₹441.31Cr

Key Statistics

P/E Ratio-19.9
PEG Ratio-7.32
Market Cap₹441.31 Cr
P/B Ratio0.65
EPS-2.18
Dividend Yield0
SectorTextiles
ROE-7

Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹441.31 Cr13.95%0.79-₹15 Cr₹924 Cr
NA₹518.62 Cr52.96%0.58NANA
NA₹1,292.51 Cr208.09%0.56₹98 Cr₹2,078 Cr
NA₹297.92 Cr671.44%0.77NANA
BUY₹2,558.19 Cr95.79%0.61₹82 Cr₹1,077 Cr

Company Information

Bannari Amman Spinning Mills Ltd, part of the Coimbatore based Bannari Amman Group, is focusing on the manufacture of cotton yarn, woven and coated fabrics, as well as wind power generation. Established in July 1989, they have two spinning units near Dindigul, holding 137232 spindles, and a Weaving Division near Palladam with 135 installed looms. It also has a Processing & Technical Textiles unit at Annur with a production capacity of 24 lakh meters of coated fabrics annually. For energy efficiency, they have 4 windmills totaling 5 MW in Radhapuram, and 23 windmills of 800KW capacity in a total of 18.4MW in other locations. Their exports contribute to 24% of their production and the products available include Ne 20/1 to Ne 40/1 combed and carded knitting cotton yarn. In addition to this, they produce bed linens, mattress protectors, pillow protectors and quick dry fabrics for incontinence. Bannari Amman Spinning Mills Ltd holds ISO 9001:2000 certifications and is recognized as an Export House by the Joint Director General of Foreign Trade. Accumulating their installed capacity and recent expansion projects, they are reaching new heights.

Share Price: ₹67.64 per share as on 11 Sep, 2024 04:01 PM
Market Capitalisation: ₹441.31Cr as of today
Revenue: ₹215.86Cr as on June 2024 (Q2 24)
Net Profit: ₹3.12Cr as on June 2024 (Q2 24)
Listing date: 14 Nov, 2005
Chairperson Name: S V Arumugam
OrganisationBannari Amman Spinning Mills Ltd
Headquarters
IndustryTextiles
E-voting on sharesClick here to vote

Key events for Bannari Amman Spinning Mills Ltd

  • Bannari Amman Spinning Mills Shows Positive Outlook - 09 Sep, 2024

    Bannari Amman Spinning Mills is poised for growth with improved demand and reduced cotton prices. The company plans to enhance production capacity and introduce new products, focusing on home textiles. Recent financial moves indicate a commitment to becoming debt-free, making the stock a potential medium-term buy with a target of Rs 150.

  • Bannari Amman Spinning Mills Approves Convertible Warrants - 04 Sep, 2024

    On September 3, 2024, the Board of Bannari Amman Spinning Mills approved the issuance of 42.25 lakh convertible warrants at Rs 62 each, raising up to Rs 26.19 crore on a preferential basis.

  • Bannari Amman Spinning Mills Reports Q1 Results - 16 Aug, 2024

    Bannari Amman Spinning Mills reported a profit of ₹3.12 crore in Q1, a turnaround from a ₹4.79 crore loss last year. Revenue decreased by 19.84% YoY, while expenses rose 8.65% QoQ. Despite mixed results, the stock has shown resilience with a 1.04% weekly return and a year-to-date return of 16.8%. Market cap stands at ₹360.35 crore.

Insights on Bannari Amman Spinning Mills Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 7 days, BASML stock has moved up by 7.9%

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 44.62% to 44.65% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, -12.83 Cr → 3.12 Cr (in ₹), with an average increase of 511.2% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Swan Energy Ltd has given 366.2% return, outperforming this stock by 361.1%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Swan Energy Ltd has given 109.6% return, outperforming this stock by 76.4%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 55.33% of holdings in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 265.05 Cr → 228.29 Cr (in ₹), with an average decrease of 13.9% per quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 0.05% to 0.01% in Jun 2024 quarter

Company Financials

Value in ₹ crore
DetailsQ'2 23Q'3 23Q'4 23Q'1 24Q'2 24
Revenue₹194.19Cr (-)₹379.42Cr (↑95.39%)₹197.84Cr (↓47.86%)₹248.25Cr (↑25.48%)₹215.86Cr (↓13.05%)
Net Income-₹3.19Cr (-)-₹0.12Cr (↓96.24%)-₹0.07Cr (↓41.67%)-₹10.76Cr (↑15,271.43%)₹3.12Cr (↓129.00%)
Net Profit Margin-1.64% (-)-0.03% (↓98.17%)-0.04% (↑33.33%)-4.33% (↑10,725.00%)1.45% (↓133.49%)
Value in ₹ crore
Details2021202220232024
Total Assets₹1,003.22Cr (-)₹1,092.93Cr (↑8.94%)₹1,202.63Cr (↑10.04%)₹1,137.59Cr (↓5.41%)
Total Liabilities₹706.59Cr (-)₹649.32Cr (↓8.11%)₹797.15Cr (↑22.77%)₹757.92Cr (↓4.92%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹123.30Cr (-)₹166.07Cr (↑34.69%)₹47.32Cr (↓71.51%)-₹42.90Cr (↓190.66%)₹115.54Cr (↓369.32%)
0

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
55.33%
0.00
Foreign Institutions
0.01%
-71.71
Mutual Funds
0%
0.00
Retail Investors
44.65%
0.07
Others
0%
0.00

Key Indicators

Details20202021202220232024
Return On Assets %0.21-1.14.8-2.46-1.93
Details20202021202220232024
Book Value Per Share (₹)63.9461.8169.7864.961.59
Details20202021202220232024
Earning Per Share (₹)1.21-2.138.67-3.49-2.18
Details20202021202220232024
Return On Equity %-5.46-4.7613.16-8.2-7

Bannari Amman Spinning Mills Ltd Valuation

Bannari Amman Spinning Mills Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-31.72x)

May 28, 2021

Today (-19.90x)

September 10, 2024

Industry (84.65x)

September 10, 2024

Highest (30.88x)

June 29, 2020

LowHigh

Earnings and Dividends

  • Bannari Amman Spinning Mills Ltd Earnings Results

    Bannari Amman Spinning Mills Ltd’s net profit jumped 165.14% since last year same period to ₹3.12Cr in the Q1 2024-2025. On a quarterly growth basis, Bannari Amman Spinning Mills Ltd has generated 124.32% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Bannari Amman Spinning Mills Ltd Dividends May,2022

    In the quarter ending March 2022, Bannari Amman Spinning Mills Ltd has declared dividend of ₹0.60 - translating a dividend yield of 0.88%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Bannari Amman Spinning Mills Ltd is currently in a Bullish trading position according to technical analysis indicators.

Frequently Asked Questions

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Bannari Amman Spinning Mills Ltd (BASML) share price today is ₹67.64

Bannari Amman Spinning Mills Ltd is listed on NSE

Bannari Amman Spinning Mills Ltd is listed on BSE

  • Today’s highest price of Bannari Amman Spinning Mills Ltd is ₹71.71.
  • Today’s lowest price of Bannari Amman Spinning Mills Ltd is ₹66.42.

PE Ratio of Bannari Amman Spinning Mills Ltd is -19.9

PE ratio = Bannari Amman Spinning Mills Ltd Market price per share / Bannari Amman Spinning Mills Ltd Earnings per share

Today’s traded volume of Bannari Amman Spinning Mills Ltd(BASML) is 25.27L.

Today’s market capitalisation of Bannari Amman Spinning Mills Ltd(BASML) is ₹441.31Cr.

Bannari Amman Spinning Mills Ltd(BASMLPrice
52 Week High
₹71.71
52 Week Low
₹37.5

Bannari Amman Spinning Mills Ltd(BASML) share price is ₹67.64. It is down -5.68% from its 52 Week High price of ₹71.71

Bannari Amman Spinning Mills Ltd(BASML) share price is ₹67.64. It is up 80.37% from its 52 Week Low price of ₹37.5

Bannari Amman Spinning Mills Ltd(BASMLReturns
1 Day Returns
-0.42%
1 Month Returns
25.83%
3 Month Returns
56.1%
1 Year Returns
33.19%