Bannari Amm Spg.

Why is Bannari Amman Spinning Mills Ltd falling/rising?

As of 28-Jul, Bannari Amman Spinning Mills Ltd's stock price is at 26.60, down 1.48% today and has underperformed the sector. The stock has shown significant declines over the past year and three years, despite a modest year-to-date gain, indicating a negative trend overall.

As of 28-Jul, Bannari Amman Spinning Mills Ltd's stock price is currently at 26.60, reflecting a decrease of 0.4, or 1.48%. The stock has underperformed relative to the sector today by 0.46%. Over the past week, the stock has declined by 1.85%, while the benchmark Sensex has only fallen by 0.91%. In the last month, the stock has decreased by 4.59%, compared to a smaller decline of 0.43% in the Sensex.<BR><BR>Year-to-date, the stock has shown a modest gain of 2.50%, contrasting with the Sensex's significant drop of 9.92%. However, over longer periods, the stock has performed poorly, with a 14.85% decline over the past year and a staggering 41.02% drop over the last three years, while the Sensex has gained 16.03% during that same period. The five-year performance is particularly concerning, with a decline of 74.06% compared to a 46.38% increase in the Sensex.<BR><BR>Despite these negative trends, there has been a rise in investor participation, with delivery volume increasing by 81.82% against the five-day average. The stock is also trading above its 50-day, 100-day, and 200-day moving averages, although it is below its 5-day and 20-day moving averages. This indicates some liquidity, as it is liquid enough for trades of Rs 0.01 crore based on 2% of the five-day average traded value.<BR><BR>Overall, the combination of recent underperformance against the sector, significant declines over various time frames, and the current price drop contributes to the stock's falling trend.

Which are the latest news on Bannari Amm Spg.?

Should I buy, sell or hold Bannari Amman Spinning Mills Ltd?

How big is Bannari Amm Spg.?

As of 10th June, Bannari Amman Spinning Mills Ltd has a market capitalization of 219.00 Cr, with net sales of 870.32 Cr and a net profit of 13.75 Cr over the latest four quarters. The company's shareholder's funds are 414.98 Cr, and total assets amount to 1,005.43 Cr as of March 2025.

As of 10th June, Bannari Amman Spinning Mills Ltd has a market capitalization of 219.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported net sales of 870.32 Cr and a net profit of 13.75 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, showing shareholder's funds of 414.98 Cr and total assets of 1,005.43 Cr.

Who are in the management team of Bannari Amm Spg.?

The management team of Bannari Amm Spg. includes S V Arumugam (Chairman/Executive Director) and four Independent Non-Executive Directors: K R Thillainathan, S Palaniswami, K Sadhasivam, and S Sihamani.

The management team of Bannari Amm Spg. includes the following individuals:<BR><BR>1. **S V Arumugam** - Chairman / Executive Director<BR>2. **K R Thillainathan** - Independent Non-Executive Director<BR>3. **S Palaniswami** - Independent Non-Executive Director<BR>4. **K Sadhasivam** - Independent Non-Executive Director<BR>5. **S Sihamani** - Independent Non-Executive Director<BR><BR>If you need more information about their roles or the company, feel free to ask!

Who are the peers of the Bannari Amm Spg.?

Bannari Amm Spg.'s peers include Brand Concepts, VIP Clothing, Osiajee Texfab, and others. In terms of management risk, Osiajee Texfab and Saraswati Saree show excellent management, while Bannari Amm Spg. has average risk; its 1-year return is -32.13%, better than Brand Concepts but worse than Osiajee Texfab.

Peers: The peers of Bannari Amm Spg. are Brand Concepts, VIP Clothing, Osiajee Texfab, Saraswati Saree, Shahlon Silk, Active Clothing, Zodiac Cloth. Co, Bhilwara Tech, Shiva Texyarn, and C P S Shapers.<BR><BR>Quality Snapshot: Excellent management risk is observed at Osiajee Texfab and Saraswati Saree, while Average management risk is found at Brand Concepts, Shahlon Silk, Shiva Texyarn, and Bannari Amm Spg. Below Average management risk is noted at VIP Clothing, Active Clothing, Zodiac Cloth. Co, Bhilwara Tech, and C P S Shapers. Growth is Excellent at Osiajee Texfab, Good at Brand Concepts and Shiva Texyarn, Average at Active Clothing, and Below Average at Bannari Amm Spg., VIP Clothing, Shahlon Silk, Saraswati Saree, Zodiac Cloth. Co, and Bhilwara Tech. Capital Structure is Excellent at Saraswati Saree, Good at Osiajee Texfab, Below Average at Brand Concepts, VIP Clothing, Shahlon Silk, Active Clothing, Bannari Amm Spg., Zodiac Cloth. Co, Bhilwara Tech, and C P S Shapers.<BR><BR>Return Snapshot: Osiajee Texfab has the highest 1-year return at 66.81%, while Brand Concepts has the lowest at -48.84%. Bannari Amm Spg.'s 1-year return of -32.13% is better than Brand Concepts but worse than Osiajee Texfab. Additionally, the six-month return is negative for Brand Concepts, VIP Clothing, Saraswati Saree, Zodiac Cloth. Co, Bhilwara Tech, and Shiva Texyarn.

What does Bannari Amm Spg. do?

Bannari Amman Spinning Mills Ltd manufactures cotton and blended yarn, knitted and woven fabrics, and operates in the garments industry. As of March 2026, it reported net sales of ₹221 Cr and a net profit of ₹1 Cr, with a market cap of ₹219 Cr.

Overview:<BR>Bannari Amman Spinning Mills Ltd is engaged in the manufacturing of cotton yarn, polyester and cotton blended yarn, knitted fabric, grey and bleached woven fabric, made-ups, and processed knit fabric, operating within the garments and apparels industry as a micro-cap company.<BR><BR>History:<BR>The company was initially incorporated on July 10, 1989, under the name Shiva Textiles (CBT) Limited, and later changed its name to Bannari Amman Spinning Mills Limited on October 11, 1991. The latest reported quarterly results indicate net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 221 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 1 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 219 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 14.00<BR>- Industry P/E: 23<BR>- Dividend Yield: 0.00%<BR>- Debt-Equity: 0.83<BR>- Return on Equity: 3.09%<BR>- Price to Book: 0.45<BR><BR>Contact Details:<BR>Address: 252 Mettupalayam Road, Coimbatore Tamil Nadu: 641043<BR>Tel: 91-422-2435555<BR>Email: shares@bannarimills.com<BR>Website: http://www.bannarimills.com

Are Bannari Amman Spinning Mills Ltd latest results good or bad?

Bannari Amman Spinning Mills Ltd's latest Q4 FY26 results show mixed performance, with an 8.24% increase in net sales to ₹220.71 crores but a concerning 38.94% drop in net profit to ₹1.38 crores, indicating significant profitability challenges. Overall, the results suggest more negative than positive trends, warranting caution from investors.

Bannari Amman Spinning Mills Ltd's latest results for Q4 FY26 indicate a mixed performance, with significant concerns regarding profitability. While the company achieved a sequential increase in net sales of 8.24%, bringing total sales to ₹220.71 crores, this was accompanied by a sharp decline in net profit, which fell by 38.94% quarter-on-quarter to just ₹1.38 crores. This represents the lowest quarterly profit in recent periods and raises alarms about the company's operational efficiency.<BR><BR>The profit after tax (PAT) margin has also deteriorated significantly, dropping to 0.63% from 1.79% in the previous quarter. This margin compression, alongside a high tax rate of 56.33%, has compounded the challenges faced by the company. Although there was an improvement in annual performance, with a reduced net loss of ₹2.00 crores for FY25 compared to ₹22.00 crores in FY24, the overall picture remains troubling.<BR><BR>In summary, while there are signs of revenue recovery, the substantial drop in profitability and ongoing margin pressures suggest that the latest results are more negative than positive. Investors should be cautious, as the company faces significant structural challenges in generating adequate returns.

When is the next results date for Bannari Amman Spinning Mills Ltd?

The next results date for Bannari Amman Spinning Mills Ltd is 29 May 2026.

The next results date for Bannari Amman Spinning Mills Ltd is scheduled for 29 May 2026.

How has been the historical performance of Bannari Amm Spg.?

Bannari Amm Spg. has experienced significant declines in key financial metrics, with net sales dropping from INR 1,560.24 crore in March 2022 to INR 887.36 crore in March 2025, resulting in negative profits and reduced total assets. Overall, the company has faced a challenging period marked by decreasing revenues and profitability.

Answer:<BR>The historical performance of Bannari Amm Spg. shows significant fluctuations in key financial metrics over the years.<BR><BR>Breakdown:<BR>Bannari Amm Spg. experienced a decline in net sales from INR 1,560.24 crore in March 2022 to INR 887.36 crore in March 2025. This downward trend is mirrored in total operating income, which decreased from INR 1,560.24 crore in March 2022 to INR 887.36 crore in March 2025. The company's total expenditure also fell from INR 1,393.53 crore in March 2022 to INR 822.79 crore in March 2025. Operating profit (PBDIT) showed a decline, reaching INR 67.02 crore in March 2025, down from INR 172.76 crore in March 2022, while profit before tax turned negative, at -INR 3.90 crore in March 2025 compared to a profit of INR 85.73 crore in March 2022. Profit after tax also remained negative, with a loss of INR 2.06 crore in March 2025, following a profit of INR 56.20 crore in March 2022. The company's total assets decreased from INR 1,235.38 crore in March 2022 to INR 1,005.43 crore in March 2025, and total liabilities also saw a decline from INR 1,228.24 crore in March 2024 to INR 1,005.43 crore in March 2025. Cash flow from operating activities decreased significantly, from INR 56.00 crore in March 2022 to INR 22.00 crore in March 2025, indicating challenges in generating cash from core operations. Overall, the financial performance of Bannari Amm Spg. reflects a challenging period with declining revenues and profitability.

Is Bannari Amm Spg. overvalued or undervalued?

As of June 12, 2025, Bannari Amm Spg. is considered very attractive and undervalued with a Price to Book Value ratio of 0.70 and an EV to EBITDA ratio of 11.66, despite a challenging PE ratio of -95.43, while outperforming peers like K P R Mill Ltd and Trident, and achieving a 1-week return of 9.79% compared to the Sensex's 0.31%.

As of 12 June 2025, the valuation grade for Bannari Amm Spg. has moved from attractive to very attractive, indicating a significant improvement in its perceived value. The company is currently considered undervalued, with a Price to Book Value ratio of 0.70 and an EV to EBITDA ratio of 11.66. Notably, the PE ratio stands at -95.43, which reflects a challenging earnings situation, but the PEG ratio of 0.00 suggests potential for future growth.<BR><BR>In comparison to its peers, Bannari Amm Spg. is positioned favorably against K P R Mill Ltd, which is classified as very expensive with a PE ratio of 46.47, and Trident, which is rated fair with a PE ratio of 43.26. The company's recent stock performance has outpaced the Sensex, with a 1-week return of 9.79% compared to the Sensex's 0.31%, reinforcing the narrative of undervaluation amidst broader market trends.

What is the technical trend for Bannari Amm Spg.?

As of June 6, 2025, Bannari Amm Spg. is in a bearish trend with moderate strength, supported by bearish indicators across multiple time frames, despite some mild bullish signals in the weekly MACD and KST.

As of 6 June 2025, the technical trend for Bannari Amm Spg. has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. The weekly MACD is mildly bullish, but the monthly MACD is bearish, indicating a divergence in time frames. Both the weekly and monthly Bollinger Bands are bearish, reinforcing the negative outlook. Daily moving averages also confirm a bearish trend. The KST shows a mildly bullish signal on the weekly but is bearish on the monthly, suggesting weakness in the longer-term perspective. Overall, the lack of clear trends in Dow Theory and OBV further supports the bearish sentiment.

Who are the top shareholders of the Bannari Amm Spg.?

The top shareholders of Bannari Amm Spg. include Murugan Enterprise Private Limited with 54.27%, individual investors with 37.98%, and Kiran Singla as the largest public shareholder at 1%. There are no pledged promoter holdings or mutual funds invested in the company.

The top shareholders of Bannari Amm Spg. include the promoters, who hold a significant majority of the shares. The promoter with the highest holding is Murugan Enterprise Private Limited, which owns 54.27% of the company. Additionally, individual investors collectively hold 37.98% of the shares, while the highest public shareholder is Kiran Singla, with a 1% stake. There are also 2 foreign institutional investors (FIIs) that hold a combined total of 0.28%. Notably, there are no pledged promoter holdings and no mutual funds currently invested in the company.

Has Bannari Amm Spg. declared dividend?

Yes, Bannari Amman Spinning Mills Ltd has declared a 12% dividend, amounting to ₹0.6 per share, with an ex-date of September 16, 2022. However, the company has experienced significant declines in price, resulting in negative total returns across various periods.

Bannari Amman Spinning Mills Ltd has declared a 12% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 12%<BR>- Amount per share: 0.6<BR>- Ex-date: 16 Sep 22<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -37.42%, the dividend return was 0%, resulting in a total return of -37.42%.<BR><BR>For the 1-year period, the price return was -25.51%, the dividend return was 0%, leading to a total return of -25.51%.<BR><BR>Over the 2-year period, the price return was -26.09%, the dividend return was 0%, culminating in a total return of -26.09%.<BR><BR>In the 3-year period, the price return was -45.89%, the dividend return was 1.15%, resulting in a total return of -44.74%.<BR><BR>For the 4-year period, the price return was -59.46%, the dividend return was 0.80%, leading to a total return of -58.66%.<BR><BR>In the 5-year period, the price return was -30.71%, the dividend return was 0.59%, culminating in a total return of -30.12%.<BR><BR>Overall, while Bannari Amman Spinning Mills Ltd has declared a dividend, the total returns over various periods indicate significant declines in price, with minimal contributions from dividends. The company appears to be facing challenges in generating positive returns for its shareholders.