MarketFriction

Bannari Amman Spinning Mills Ltd

NSE BASML · BSE 532674 · Other Textile Products
₹22.66 -1.48%
NSE close2026-10-01
52 week range17.05 - 31.90
Market cap₹187 Cr.
P/E7.82
Price band 20%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales279198248216233213226217228204221217
Expenses274182257213213193204195206184200198
Operating Profit516-932020212323202019
OPM %1.8%8%-3.7%1.5%9%10%9%11%10%10%9%9%
Other Income11216120-1-011211
Interest111213121111111110111110
Depreciation877676677778
Profit before tax-3-1-13-222377432
Tax %-96%-92%-20%-231%51%50%44%30%23%38%56%-485%
Net Profit-0-0-113112562114
EPS in Rs-0.29-0.25-1.610.390.150.130.230.570.690.280.171.71
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales8228681,0081,1741,1341,0191,5601,046924887870869
Expenses7267839111,0571,0389401,3931,024894823784788
Operating Profit96859711796781672230658682
OPM %12%10%10%10%8%8%11%2.1%3.2%7%10%9%
Other Income1369184613271156
Interest384460677262534349454343
Depreciation303031343333342830262829
Profit before tax2915112510-1286-36-2252116
Tax %33%22%15%6%41%-14%34%-37%-35%-34%33%
Net Profit201210246-1056-23-1471423
EPS in Rs2.451.441.102.630.30-1.386.56-3.70-2.750.901.722.85
Dividend Payout %13%25%29%12%0%0%7%0%0%0%15%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth1%-3%-6%-2%
Compounded Profit Growth-12%19%30%103%
Stock Price CAGR-13%-17%-20%-10%
Return on Equity1%1%-1%1%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital161616161616163232323240
Reserves228244269279297297286420388367383434
Borrowings462499555702725680584520566507467397
Other Liabilities146189101211222255229263299322117114
Total Liabilities8529479411,2081,2591,2471,1141,2351,2851,228999984
Fixed Assets452514574669659640613599505482478516
CWIP5020311417305101517
Investments5421110026446
Other Assets344409345537598603484604769732502445
Total Assets8529479411,2081,2591,2471,1141,2351,2851,228999984
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity1135926226713916056112523117
Cash from Investing Activity-75-60-67-42-267-12-34-46-954-45
Cash from Financing Activity-44-35319-48-123-165-2138-113-82-73
Net Cash Flow-6-412-1-624-171-73-5-0
Free Cash Flow40-229-294314414625-43113-155
CFO/OP143%68%37%25%62%147%203%41%24%435%40%135%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days404336455954504461666470
Inventory Days117136114173150157138108126110126119
Days Payable455922625371695143523037
Cash Conversion Cycle112120128156156140120101144125160151
Working Capital Days-28-43-61-22-24-34-3330-2-3517
ROCE %8%9%7%8%9%6%5%14%-0%2%4%7%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters55.33%55.33%55.33%55.33%55.33%55.33%55.33%49.55%49.55%49.55%49.55%49.55%
FIIs0.15%0.07%0.05%0.01%0.01%0.01%0.28%0.00%0.19%0.14%0.14%0.20%
Public44.51%44.59%44.61%44.66%44.65%44.65%44.39%50.44%50.26%50.31%50.31%50.23%
No. of Shareholders17,48318,24920,87220,76024,05623,02022,82125,01625,09224,78424,07823,750

Fundamentals

Market Cap₹ 187 Cr.
Current Price₹ 23.4
Stock P/E7.82
Book Value₹ 59.3
ROCE6.80 %
ROE1.27 %
Dividend Yield1.07 %
Face Value₹ 5.00
Compounded Sales Growth (TTM)-2%
Compounded Profit Growth (TTM)103%
Consolidated figures.
Valuation
Market capRs 181 Cr
Enterprise valueRs 572 Cr
P/E (TTM)7.92x
Price to book0.38x
Price to sales0.21x
EV / EBITDA6.53x
EV / EBIT9.71x
EV / sales0.66x
Price to cash flow1.55x
Earnings yield12.63%
Dividend yield1.10%
P/E, 3-year average17.71x
P/B, 3-year average0.44x
P/E, 5-year average14.86x
P/B, 5-year average0.59x
Profitability
Operating margin (excl. other income)9.87%
Operating margin (incl. other income)10.49%
EBITDA margin10.08%
Pre-tax margin1.88%
Net profit margin2.63%
Net margin, latest quarter6.32%
ROE3.09%
ROCE7.25%
ROA1.39%
ROE, 3-year average-0.17%
ROCE, 3-year average5.26%
ROA, 3-year average0.09%
ROE, 5-year average1.33%
ROCE, 5-year average6.29%
ROA, 5-year average0.48%
ROIC (approx.)4.57%
Tax rate32.99%
Other income / net worth1.13%
Growth
Sales growth (latest year)-1.92%
Profit growth (latest year)91.24%
Sales CAGR, 3 years-5.93%
Sales CAGR, 5 years-3.10%
Sales growth QoQ-1.90%
Profit growth QoQ892.03%
Sales growth YoY (latest quarter)-0.40%
Profit growth YoY (latest quarter)200.22%
Per share
EPS (TTM)Rs 2.86
EPS (latest year)Rs 1.72
EPS (latest quarter)Rs 1.71
EPS, 3-year averageRs -0.19
EPS, 5-year averageRs 0.59
Book value per shareRs 59.26
Sales per shareRs 108.79
Cash flow per shareRs 14.62
Free cash flow per shareRs 6.88
Dividend per share (latest year)Rs 0.25
Dividend per share, 3-year averageRs 0.25
Dividend per share, 5-year averageRs 0.43
Dividends
Dividend payout14.55%
Dividend payout, 3-year average14.55%
Dividend payout, 5-year average10.98%
Efficiency
Asset turnover0.88x
Fixed asset turnover1.69x
Inventory turnover3.51x
Inventory days104 days
Debtor days70 days
Debtors turnover5.24x
Creditor days37 days
Cash conversion cycle151 days
Working capital days7 days
Leverage
Total debtRs 397 Cr
Cash and bankRs 6 Cr
Net debtRs 391 Cr
Debt to equity0.84x
Net debt / EBITDA4.47x
Interest coverage1.38x
Owners' fund to total sources48.12%
Debt to assets40.33%
Cash flow
Cash from Operating Activity (latest year)Rs 117 Cr
Cash from Investing Activity (latest year)Rs -45 Cr
Cash from Financing Activity (latest year)Rs -73 Cr
Net Cash Flow (latest year)Rs -0 Cr
Free cash flow (latest year)Rs 55 Cr
FCFE (approx.: FCF + change in debt)Rs -15 Cr
Cash from ops / profit, 5 years8.05x
Sales to cash flow7.45x
Statement figures
Net sales (TTM)Rs 869 Cr
Net sales (latest year)Rs 870 Cr
Sales (latest quarter)Rs 217 Cr
Operating profit excl. other income (latest year)Rs 86 Cr
Operating profit (latest quarter)Rs 19 Cr
Other income (TTM)Rs 6 Cr
EBITDA (TTM)Rs 88 Cr
PBDT (TTM)Rs 45 Cr
Profit before tax (TTM)Rs 16 Cr
Tax (latest year)Rs 7 Cr
Net profit (TTM)Rs 23 Cr
Net profit (latest year)Rs 14 Cr
Net profit (latest quarter)Rs 14 Cr
Depreciation (TTM)Rs 29 Cr
Depreciation (latest quarter)Rs 8 Cr
Interest (TTM)Rs 43 Cr
Cost of goods sold (latest year)Rs 684 Cr
Total expenditure (latest year)Rs 784 Cr
Total income (latest year)Rs 876 Cr
Share capitalRs 40 Cr
ReservesRs 434 Cr
Shareholders' fundsRs 474 Cr
Total assetsRs 984 Cr
Net blockRs 516 Cr
Capital work in progressRs 17 Cr
InvestmentsRs 6 Cr
ReceivablesRs 166 Cr
InventoryRs 195 Cr
Other liabilitiesRs 114 Cr
Shares outstanding (crore)7.99
Ownership
Promoter holding49.55% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 7.9 is at the 12th percentile of its own 6.5-year range (median 26.9, low 5.7, high 207.2).
P/B 0.38 is at the 1th percentile (median 1.03).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodBASMLNifty 50Difference
1 week-6.6%-2.8% -3.8 pts
1 month-11.4%-6.8% -4.6 pts
3 months-14.6%-7.6% -7.0 pts
6 months+31.2%+0.4% +30.8 pts
1 year-15.7%-9.9% -5.8 pts
2 years-62.2%-13.6% -48.7 pts
3 years-52.9%+14.2% -67.1 pts
5 years-65.1%+27.9% -93.0 pts

Red flags

F-score 7 of 8
explainLow interest cover Interest cover 1.5x in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹217 Cr +0.0% vs Jun 2025. Net profit ₹14 Cr +180.0%.
Against our estimate for Jun 2026: sales +3.3%, profit +305.9% big beat. Our estimate for Sep 2026: sales Rs 225 Cr, profit Rs 4 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-08-03Dividend - Re 0.25 Per Sh
2025-04-30Rights 10:43 @ Premium Rs 22/-
2024-08-14Annual General Meeting
2023-09-18Annual General Meeting
2022-09-16Annual General Meeting/Dividend - Rs 0.60 Per Share
2021-09-17 Annual General Meeting
2021-09-08Inferred from price: close fell to 0.676x overnight, no NSE action on record0.6667
2021-09-08 Rights 21:20@ Premium Rs 25/-
2021-02-12 Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 5/- Per Share0.5000
2019-08-08 Annual General Meeting/Dividend - Rs 1.60 Per Share
2018-09-14 Annual General Meeting/Dividend Rs 1.60 Per Share
2017-09-15 Annual General Meeting/Dividend - Rs 1.80 Per Share
2016-09-20 Annual General Meeting/Dividend - Rs 1.60 Per Share
2015-09-18 Annual General Meeting/ Dividend - Rs 1.50/- Per Share
2014-08-13Annual General Meeting / Dividend - Rs 2/- Per Share
2013-09-13Annual General Meeting And Dividend Rs.2/- Per Share
2012-09-14Annual General Meeting
2011-09-21Annual General Meeting And Dividend Rs.2/- Per Share
2010-09-13Annual General Meeting And Dividend Rs.1.50 Per Share
2009-09-15Agm/Div-Re.1/- Per Share
2008-09-23Agm/Dividend-20%
2007-09-12Agm/Dividend-20%
2006-08-10Agm/Dividend-20%
DateTypeWhat it says
2026-08-11Shareholder meetingVoting results.
2026-08-10Shareholder meetingOutcome of AGM
2026-08-10Shareholder meetingProceedings of Annual General Meeting held on August 10, 2026
2026-08-10UpdatesUnaudited Financial Results for the period ended 30.6.2026
2026-08-10Board meeting outcomeBannari Amman Spinning Mills Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-21Reply to Clarification- FinaThe Exchange had sought clarification from Bannari Amman Spinning Mills Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of the...
2026-07-15Record DateRecord date for the purpose of Dividend is 03-Aug-2026.
2026-07-14Record DateRecord date for the purpose of Cut-off date for Remote E-voting is 03-Aug-2026.
2026-07-14Shareholder meetingNotice of Annual General Meeting to be held on August 10, 2026
2026-06-29Credit Rating- RevisionCredit Rating- Revision
2026-06-25Clarification - Financial ReThe Exchange has sought clarification from Bannari Amman Spinning Mills Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of the...
2026-05-29DividendBoard of Directors at its meeting held on May 29, 2026, recommended Final Dividend of Rs.0.25 per equity share.
2026-05-29UpdatesAppointment of Cost Auditor and Internal Auditor.
2026-05-29ForfeitureForfeiture and SOP placed before the Board.
2026-05-29AppointmentRe-appointment of Mr S V Arumugam, Managing Director (DIN 00002458) of the Company for a term of 3 years with effect from 27.6.2026 to 26.6.2029.
2026-05-29Board meeting outcomeBannari Amman Spinning Mills Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-05-04ForfeitureForfeiture
2026-04-02Disclosure under SEBI TakeovMURUGAN ENTERPRISE PRIVATE LIMITED has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of I...
2026-04-02Disclosure under SEBI TakeovS V ARUMUGAM has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acqu...
2026-02-28General Updates- Communication of Information Under Regulation 30 of SEBI(LODR) Regulations, 2015
2026-02-24UpdatesThe unaudited financial results for the quarter ended 31.12.2025 (Machine Readable form/legible copy).
2026-02-14Board meeting outcomeBannari Amman Spinning Mills Limited has submitted to the Exchange, the financial results for the period ended December 31, 2025.
2026-02-10Reply to Clarification- FinaThe Exchange had sought clarification from Bannari Amman Spinning Mills Limited for the quarter ended 30-Sep-2025 with respect to Regulation 33 of the...
2026-01-13Clarification - Financial ReThe Exchange has sought clarification from Bannari Amman Spinning Mills Limited for the quarter ended 30-Sep-2025 with respect to Regulation 33 of the...
2025-12-19AppointmentAppointment of Mr R Shanmugavelayutham as Non- Executive Independent Director of the company w.e.f. December 18, 2025.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Order dateForumCase
2020-03-06NCLTMs Bannari Amman Spinning Mills Ltd Vs My Choice Knit & Apparels Pvt Ltd
2019-09-03NCLATBannari Amman Spinning Mills Ltd. VS My Choice Knit & Apparels Pvt. Ltd.
2019-08-16NCLATBannari Amman Spinning Mills Ltd. VS My Choice Knit & Apparels Pvt. Ltd.
2019-08-08NCLATBannari Amman Spinning Mills Ltd. VS My Choice Knit & Apparels Pvt. Ltd.
2019-07-10NCLATBannari Amman Spinning Mills Ltd. VS My Choice Knit & Apparels Pvt. Ltd.
2019-05-14NCLATBannari Amman Spinning Mills Ltd. VS My Choice Knit & Apparels Pvt. Ltd.
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Less than 100 unique PAN traded in previous 30 days

Quick answers

What is the market cap of Bannari Amman Spinning Mills Ltd?

Bannari Amman Spinning Mills Ltd (BASML) has a market capitalisation of Rs 187 Cr. at the 2026-10-01 close.

What is the P/E ratio of Bannari Amman Spinning Mills Ltd?

Bannari Amman Spinning Mills Ltd trades at a P/E of 7.82 on trailing twelve-month profit, at the 2026-10-01 close.

What were Bannari Amman Spinning Mills Ltd's latest quarterly results?

In the Jun 2026 quarter, Bannari Amman Spinning Mills Ltd sales was Rs 217 Cr (+0.0% vs Jun 2025) and net profit was Rs 14 Cr.

What is the 52-week high and low of Bannari Amman Spinning Mills Ltd?

The 52-week high is Rs 31.90 and the 52-week low is Rs 17.05.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03