Bannari Amman Spinning Mills Ltd
Incorporated in 1989, Bannari Amman Spinning Mills Ltd is a manufacturer of cotton yarn, knitted & woven fabrics, processing of fabrics,
finished garments, home textiles and wind power generation[1]
- Market Cap ₹ 317 Cr.
- Current Price ₹ 48.8
- High / Low ₹ 59.9 / 37.1
- Stock P/E
- Book Value ₹ 58.6
- Dividend Yield 0.00 %
- ROCE 2.24 %
- ROE -5.26 %
- Face Value ₹ 5.00
Pros
- Stock is trading at 0.81 times its book value
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -1.58% over past five years.
- Company has a low return on equity of -0.48% over last 3 years.
- Earnings include an other income of Rs.14.1 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Textiles Industry: Textiles - Cotton/Blended
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
559 | 699 | 678 | 767 | 868 | 892 | 1,000 | 925 | 860 | 1,285 | 1,095 | 924 | |
445 | 580 | 598 | 675 | 782 | 805 | 897 | 850 | 792 | 1,139 | 1,072 | 894 | |
Operating Profit | 114 | 118 | 80 | 92 | 86 | 87 | 103 | 75 | 67 | 147 | 23 | 30 |
OPM % | 20% | 17% | 12% | 12% | 10% | 10% | 10% | 8% | 8% | 11% | 2% | 3% |
1 | 1 | 2 | 1 | 2 | 6 | 9 | 18 | 5 | 4 | 3 | 14 | |
Interest | 38 | 38 | 36 | 36 | 44 | 57 | 62 | 65 | 57 | 46 | 48 | 49 |
Depreciation | 36 | 35 | 27 | 29 | 30 | 28 | 30 | 28 | 28 | 28 | 29 | 29 |
Profit before tax | 41 | 46 | 19 | 28 | 14 | 8 | 19 | 0 | -12 | 76 | -50 | -34 |
Tax % | 33% | 31% | 33% | 33% | 22% | 4% | -1% | 17% | 15% | 36% | 31% | 23% |
27 | 32 | 13 | 19 | 11 | 7 | 19 | 0 | -11 | 49 | -35 | -26 | |
EPS in Rs | 4.23 | 4.89 | 1.99 | 2.87 | 1.73 | 1.14 | 2.99 | 0.03 | -1.63 | 7.51 | -5.37 | -4.05 |
Dividend Payout % | 12% | 10% | 18% | 14% | 25% | 34% | 13% | 0% | 0% | 8% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 3% |
5 Years: | -2% |
3 Years: | 2% |
TTM: | -16% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -17% |
TTM: | 39% |
Stock Price CAGR | |
---|---|
10 Years: | 0% |
5 Years: | -1% |
3 Years: | 1% |
1 Year: | 3% |
Return on Equity | |
---|---|
10 Years: | 1% |
5 Years: | -2% |
3 Years: | 0% |
Last Year: | -5% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 32 | 32 | 32 |
Reserves | 199 | 227 | 239 | 254 | 273 | 277 | 293 | 291 | 281 | 411 | 373 | 347 |
382 | 448 | 443 | 477 | 555 | 641 | 668 | 623 | 503 | 432 | 566 | 507 | |
96 | 120 | 145 | 184 | 101 | 153 | 143 | 163 | 144 | 163 | 158 | 166 | |
Total Liabilities | 694 | 810 | 842 | 931 | 946 | 1,087 | 1,120 | 1,093 | 943 | 1,039 | 1,130 | 1,053 |
442 | 440 | 440 | 499 | 574 | 598 | 589 | 569 | 542 | 533 | 550 | 480 | |
CWIP | 7 | 2 | 50 | 20 | 3 | 1 | 1 | 0 | 0 | 4 | 5 | 10 |
Investments | 23 | 24 | 27 | 27 | 25 | 27 | 27 | 26 | 26 | 28 | 32 | 4 |
222 | 344 | 326 | 384 | 345 | 460 | 503 | 498 | 375 | 474 | 542 | 559 | |
Total Assets | 694 | 810 | 842 | 931 | 946 | 1,087 | 1,120 | 1,093 | 943 | 1,039 | 1,130 | 1,053 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
103 | 4 | 113 | 58 | 26 | 12 | 57 | 123 | 166 | 47 | -43 | 116 | |
-23 | -29 | -75 | -58 | -67 | -45 | -22 | 16 | -0 | -23 | -45 | -3 | |
-71 | 24 | -46 | -3 | 53 | 24 | -38 | -118 | -184 | -22 | 82 | -110 | |
Net Cash Flow | 9 | -1 | -7 | -4 | 12 | -9 | -3 | 21 | -18 | 2 | -6 | 3 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 29 | 35 | 40 | 42 | 36 | 47 | 65 | 65 | 55 | 50 | 61 | 67 |
Inventory Days | 98 | 148 | 120 | 138 | 114 | 166 | 138 | 140 | 111 | 90 | 123 | 110 |
Days Payable | 36 | 31 | 46 | 60 | 22 | 60 | 48 | 63 | 58 | 35 | 44 | 52 |
Cash Conversion Cycle | 92 | 152 | 113 | 120 | 128 | 153 | 154 | 141 | 108 | 105 | 140 | 125 |
Working Capital Days | 31 | 83 | 65 | 68 | 83 | 122 | 120 | 107 | 102 | 90 | 130 | 149 |
ROCE % | 13% | 13% | 8% | 9% | 7% | 7% | 8% | 5% | 5% | 15% | -0% |
Documents
Announcements
- Closure of Trading Window 27 Jun
- Update On Sale Of 100% Of Investment In The Equity Shares Of Subsidiary And Joint Venture Company Viz., Young Brand Apparel Private Limited (A Material Subsidiary). 21 Jun
- Announcement under Regulation 30 (LODR)-Newspaper Publication 30 May
-
Announcement under Regulation 30 (LODR)-Change in Directorate
29 May - Appointment of Independent Directors subject to approval of Shareholders at the ensuing Annual General Meeting.
- Appointment Of Secretarial Auditor, Cost Auditor And Internal Auditor. 29 May
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
from nse
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Business Overview:[1]
BASML is a part of Bannari Amman group.
It is a vertically integrated textile company which manufactures cotton yarn, woven and knitted fabrics, finished garments, home textiles and wind power generation