Bannari Amman Spinning Mills

NSE: BASMLBSE: 532674
Compare with peers
₹ 22.40▼ 0.6 (−2.61%)1 Oct, 03:21 pm IST
Market cap
₹ 161 Cr.
P/E
6.6x
P/B
0.35x
52-week range
17.05 – 31.9
ROE
1%
ROCE
7%
Dividend yield
1.2%
Debt / equity
0.84
Sector
Textiles & Apparels
Industry
Other Textile Products
Listed on
NSE, BSE

About

Bannari Amman Spinning Mills Limited is an India-based vertically integrated textile company. The Company is engaged in the manufacturing of cotton yarn, woven and knitted fabrics, finished garments, home textiles and wind power generation. The Company's retails business offers innerwear and active wear brand for women, men and kids in the name of BITZ. The Company has around two spinning units near Dindigul, Tamil Nadu with an installed capacity of approximately 145440 spindles; weaving and home textiles units at Karanampettai near Palladam with an installed capacity of 153 looms; processing unit at SIPCOT, Perundurai with an installed capacity to process 5400 tons of fabric per annum; knitting unit at Karanampettai near Palladam with installed capacity to produce 7200 tons of knitted fabric per annum; garment units at Palladam Hi-tech weaving park, and 27 windmills with an installed capacity of 23.40 megawatts (MW) green power which is entirely used for captive consumption.

Quick check

The five things to look at first. Open one for more.

Bannari Amman Spinning Mills against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)6.6 against a typical 16.7: cheaper than most peers (1st = cheapest).35th of 268
  • Sales growth0% against a typical +6.7% from a year earlier.137th of 234
  • Profit growth+180% against a typical +12.9% from a year earlier.24th of 166
  • Share price, 3 months−17% against a typical −4%.186th of 240
  • Size₹ 160.7 Cr. market value against a typical ₹ 58.7 Cr. (1st = largest).78th of 256

Credit ratings

Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates

Moderate safety, with caution

Rated BBB- by CARE
BBB-
DefaultRiskyModerateSafeVery safe
  • No warnings from the agency.
AgencyCurrent ratingOutlookAs of
CARECARE BBB-Stable30 Jun 2026
Credit rating actions
RatingDetails
30 Jun 2026
▲ Outlook raised
CARE BBB-
Outlook Negative → Stable
—CARE₹ 612.74 Cr.
7 Apr 2026
Reaffirmed
CARE BBB-—CARE₹ 612.74 Cr.

Board meetings

Results dates and other board meetings. Full calendar

Details
11 Nov 2026UpcomingFinancial ResultsTo consider and approve the financial results for the period ended September 30, 2026
10 Aug 2026Financial ResultsTo consider and approve the financial results for the period ended Jun 30, 2026
29 May 2026Financial Results/DividendTo consider and approve the financial results for the period ended March 31, 2026 and dividend
14 Feb 2026Financial ResultsTo consider and approve the financial results for the period ended December 31, 2025
14 Nov 2025Financial ResultsTo consider and approve the financial results for the period ended September 30, 2025
11 Aug 2025Financial ResultsTo consider and approve the financial results for the period ended Jun 30, 2025
30 Jun 2025Fund RaisingTo consider and approve the raising of funds by issue of Equity Shares, or any other financial instruments convertible into Equity Shares (including warrants, or otherwise) by way of Preferential Allotment or Private Placement.

Share price

1Y change −16.45%
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.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 Income11216120−1011211
Interest111213121111111110111110
Depreciation877676677778
Profit before tax−3−1−13−222377432
Tax %−96%−92%−20%−231%51%50%44%30%23%38%56%−485%
Net Profit00−113112562114
EPS in Rs−0.29−0.25−1.610.390.150.130.230.570.690.280.171.71

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
1%
5 Years
−3%
3 Years
−6%
TTM
−2%
Compounded Profit Growth
10 Years
−12%
5 Years
19%
3 Years
30%
TTM
103%
Stock Price CAGR
10 Years
−12%
5 Years
−14%
3 Years
−19%
TTM
—
Return on Equity
10 Years
1%
5 Years
1%
3 Years
−1%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
49.55%
0 pts in a year
FIIs
0.2%
+0.2 pts in a year
Public
50.23%
−0.21 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 6.6xEPS (12 months) ₹ 2.99Median P/E 18.4x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Bannari Amman Spinning Mills₹ 22.40₹ 161 Cr.6.6x0.4x1%—
Page Industries₹ 33,774.65₹ 38,894 Cr.56.1x29.6x52.5%14.6%
Vardhman Textiles₹ 495.00₹ 14,319 Cr.23.5x1.8x7.3%7.6%
Indo Count Industries₹ 390.35₹ 7,721 Cr.57.5x3.3x5.4%3%
Alok Industries₹ 8.10₹ 4,022 Cr.———−20%
Gokaldas Exports₹ 673.70₹ 4,937 Cr.63.1x2.8x4.7%2.5%

Management

S. V. Arumugam
Executive Chairman of the Board, Managing Director
S. Seshadri
Chief Financial Officer
N. Krishnaraj
Chief Compliance Officer, Secretary

Prices are delayed and for information only. Nothing on this page is investment advice.