Bannari Amm Spg.

Why is Bannari Amman Spinning Mills Ltd falling/rising?

As of 01-Sep, Bannari Amman Spinning Mills Ltd's stock price is rising to 25.75, reflecting a 1.9% increase. This upward trend is supported by strong financial indicators, despite a year-to-date decline and reduced investor participation.

As of 01-Sep, Bannari Amman Spinning Mills Ltd's stock price is rising, currently at 25.75, reflecting an increase of 0.48 or 1.9%. This rise can be attributed to its performance today, where it outperformed the sector by 1.78%. Additionally, the stock is trading higher than its 5-day, 100-day, and 200-day moving averages, indicating a positive short-term trend. <BR><BR>Despite a year-to-date decline of 0.77% and a significant drop of 45.86% over the past three years, the company has shown positive financial indicators. For instance, it reported the highest operating cash flow of Rs 116.83 Cr and a record low debt-equity ratio of 0.84 times in the first half of the year. Furthermore, while the stock has generated a return of -11.63% over the past year, its profits have increased by 120.7%, suggesting strong underlying performance. The attractive valuation, with a PEG ratio of 0.1 and a trading discount compared to peers, also supports the stock's upward movement. <BR><BR>However, it is important to note that there has been a decline in investor participation, with delivery volume falling by 14.72% against the 5-day average. Despite this, the overall positive financial metrics and today's performance contribute to the stock's rise.

Which are the latest news on Bannari Amm Spg.?

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 members:<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 details about their roles or the company's operations, feel free to ask!

What does Bannari Amm Spg. do?

Bannari Amman Spinning Mills Ltd manufactures cotton and blended yarn, knitted and woven fabrics, and made-ups in the garments industry. As of June 2026, it reported net sales of ₹217 Cr and a net profit of ₹14 Cr, with a market cap of ₹200 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, which was changed to Bannari Amman Spinning Mills Limited on October 11, 1991. The latest quarterly results report net sales and net profit for June 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 217 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: 14 Cr (Quarterly Results - Jun 2026) <BR>Market Cap: INR 200 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 9.00 <BR>Industry P/E: 28 <BR>Dividend Yield: 0.97% <BR>Debt Equity: 0.83 <BR>Return on Equity: 3.09% <BR>Price to Book: 0.44<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

Who are the peers of the Bannari Amm Spg.?

Bannari Amm Spg.'s peers include Shahlon Silk, RRIL, Sh. Dinesh Mills, Jasch Industries, Zodiac Cloth. Co, Brand Concepts, Mahalaxmi Rubtec, and VIP Clothing. It has Below Average management risk and a 1-year return of -13.99%, higher than VIP Clothing but lower than Jasch Industries' 61.88%.

Peers: The peers of Bannari Amm Spg. are Shahlon Silk, RRIL, Sh. Dinesh Mills, Jasch Industries, Zodiac Cloth. Co, Brand Concepts, Mahalaxmi Rubtec, and VIP Clothing.<BR><BR>Quality Snapshot: Excellent management risk is observed at Jasch Industries and Mahalaxmi Rubtec, while Average management risk is found at Shahlon Silk, Sh. Dinesh Mills, and Brand Concepts, and the rest. Below Average management risk is present at RRIL, Zodiac Cloth. Co, Bannari Amm Spg., VIP Clothing. Growth is Excellent at Mahalaxmi Rubtec, Average at Brand Concepts, and Average at Shahlon Silk, Sh. Dinesh Mills, while the rest show Below Average growth. Capital Structure is Excellent at Jasch Industries and Mahalaxmi Rubtec, Good at RRIL and Sh. Dinesh Mills, Average at Shahlon Silk and Brand Concepts, and Below Average at Zodiac Cloth. Co, Bannari Amm Spg., and VIP Clothing.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Jasch Industries at 61.88%, while the lowest is VIP Clothing at -43.11%. Bannari Amm Spg. has a 1-year return of -13.99%, which is higher than VIP Clothing's return but lower than Jasch Industries'. Additionally, the six-month return is negative for RRIL, Zodiac Cloth. Co, Brand Concepts, and VIP Clothing.

How big is Bannari Amm Spg.?

As of 31st August, Bannari Amman Spinning Mills Ltd has a market capitalization of 200.00 Cr, with Net Sales of 869.44 Cr and a Net Profit of 22.88 Cr reported in the latest four quarters. Shareholder's Funds are 473.62 Cr and Total Assets are 984.16 Cr for the annual period ending March 2026.

As of 31st August, Bannari Amman Spinning Mills Ltd has a market capitalization of 200.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 869.44 Cr and a Net Profit of 22.88 Cr.<BR><BR>For the latest annual period ending in March 2026, the Shareholder's Funds amounted to 473.62 Cr, while Total Assets were reported at 984.16 Cr.

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

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.