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Bannari Amman Spinning Mills Ltd share price logo

Bannari Amman Spinning Mills Ltd

(BASML)

₹510.58%

as on 04:01PM, 25 Nov 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Bannari Amman Spinning Mills Ltd Performance

  • Day's Low

    Day's High

    ₹50.55
    ₹51.11
  • 52 Week's Low

    52 Week's High

    ₹37.5
    ₹71.71
1 Month Return-1.71 %
3 Month Return-12.73 %
1 Year Return-1.16 %
Previous Close₹51.30
Open₹51.00
Volume28.65K
Upper Circuit-
Lower Circuit-
Market Cap₹332.64Cr

Bannari Amman Spinning Mills Ltd Key Statistics

P/E Ratio-18.59
PEG Ratio-9.68
Market Cap₹332.64 Cr
P/B Ratio0.65
EPS-2.18
Dividend Yield0
SectorTextiles
ROE-7

Bannari Amman Spinning Mills Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹332.64 Cr5.49%0.79-₹15 Cr₹924 Cr
NA₹10.14 Cr71.52%0.99NANA
NA₹617.45 Cr1218.53%0.63NANA
NA₹1,246.87 Cr135.8%0.72₹2 Cr₹1,358 Cr
NA₹375.64 Cr704%4.48-₹16 Cr₹929 Cr

About Bannari Amman Spinning Mills Ltd

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: ₹51.00 per share as on 25 Nov, 2024 04:01 PM
Market Capitalisation: ₹332.64Cr as of today
Revenue: ₹232.87Cr as on September 2024 (Q3 24)
Net Profit: ₹1.17Cr as on September 2024 (Q3 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

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 228.29 Cr → 234.0 Cr (in ₹), with an average increase of 2.4% per quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

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

  • imgNO EFFECT

    FII Holding Unchanged

    img

    Foreign Institutions holdings remained unchanged at 0.01% of holdings in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Swan Energy Ltd has given 36.0% return, outperforming this stock by 37.2%

  • imgNO EFFECT

    Retail Holding Unchanged

    img

    Retail Investor holdings remained unchanged at 44.65% of holdings in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Swan Energy Ltd has given 396.7% return, outperforming this stock by 425.7%

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 7 days, BASML stock has moved down by -3.2%

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 3.12 Cr → 1.17 Cr (in ₹), with an average decrease of 62.5% per quarter

Bannari Amman Spinning Mills Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹279.14Cr (-)₹197.84Cr (↓29.13%)₹248.25Cr (↑25.48%)₹215.86Cr (↓13.05%)₹232.87Cr (↑7.88%)
Net Income-₹0.12Cr (-)-₹0.07Cr (↓41.67%)-₹10.76Cr (↑15,271.43%)₹3.12Cr (↓129.00%)₹1.17Cr (↓62.50%)
Net Profit Margin-0.04% (-)-0.04% (-)-4.33% (↑10,725.00%)1.45% (↓133.49%)0.50% (↓65.52%)
Value in ₹ crore
Details2021202220232024
Total Assets₹1,003.22Cr (-)₹1,092.93Cr (↑8.94%)₹1,202.30Cr (↑10.01%)₹1,137.59Cr (↓5.38%)
Total Liabilities₹706.59Cr (-)₹649.32Cr (↓8.11%)₹796.82Cr (↑22.72%)₹757.92Cr (↓4.88%)
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

Bannari Amman Spinning Mills Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
55.33%
0.00
Foreign Institutions
0.01%
-3.88
Mutual Funds
0%
0.00
Retail Investors
44.65%
0.00
Others
0%
0.00

Bannari Amman Spinning Mills Ltd Key Indicators

Details20202021202220232024
Return On Equity %-5.46-4.7613.16-8.2-7
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

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 (-18.59x)

November 22, 2024

Industry (73.71x)

November 22, 2024

Highest (30.88x)

June 29, 2020

LowHigh

Bannari Amman Spinning Mills Ltd Earnings and Dividends

  • Bannari Amman Spinning Mills Ltd Earnings Results

    Bannari Amman Spinning Mills Ltd’s net profit jumped 149.79% since last year same period to ₹1.17Cr in the Q2 2024-2025. On a quarterly growth basis, Bannari Amman Spinning Mills Ltd has generated -62.5% fall 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 1.17%.

    Read More about Dividends

Bannari Amman Spinning Mills Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

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

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Bannari Amman Spinning Mills Ltd (BASML) share price today is ₹51

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 ₹51.11.
  • Today’s lowest price of Bannari Amman Spinning Mills Ltd is ₹50.55.

PE Ratio of Bannari Amman Spinning Mills Ltd is -18.59

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 28.65K.

Today’s market capitalisation of Bannari Amman Spinning Mills Ltd(BASML) is ₹332.64Cr.

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 ₹51. It is down -28.88% from its 52 Week High price of ₹71.71

Bannari Amman Spinning Mills Ltd(BASML) share price is ₹51. It is up 36.00% from its 52 Week Low price of ₹37.5

Bannari Amman Spinning Mills Ltd(BASMLReturns
1 Day Returns
-0.3%
1 Month Returns
-1.71%
3 Month Returns
-12.73%
1 Year Returns
-1.16%