Bannari Amm Spg.

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.

how big is Bannari Amm Spg.?

As of Jun 06, Bannari Amman Spinning Mills Ltd has a market capitalization of 257.19 Cr, classifying it as a Micro Cap company, with recent net sales of 887.36 Cr and a net profit of 7.19 Cr over the last four quarters.

Market Cap: Bannari Amman Spinning Mills Ltd has a market capitalization of 257.19 Cr, classifying it as a Micro Cap company as of Jun 06.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters, which includes data from Mar'25, Dec'24, Sep'24, and Jun'24, is 887.36 Cr. The sum of Net Profit for the same period is 7.19 Cr. This data is presented on a Consolidated basis.<BR><BR>Balance Sheet Snapshot: This is Consolidated data for the latest annual period ending in Mar'24. Shareholder's Funds are reported at 399.34 Cr, while Total Assets amount to 1,228.24 Cr.

When is the next results date for Bannari Amm Spg.?

No Upcoming Board Meetings

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.

Who are the peers of the Bannari Amm Spg.?

Bannari Amm Spg.'s peers include Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, True Green, Swadeshi Polytex, Bhilwara Tech, and Mahalaxmi Rubtec. It has average management risk, below average growth, and a below average capital structure, with a 1-year return of -25.44%.

Peers: The peers of Bannari Amm Spg. are Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, True Green, Swadeshi Polytex, Bhilwara Tech, Mahalaxmi Rubtec.<BR><BR>Quality Snapshot: Excellent management risk is observed at Page Industries, K P R Mill Ltd, and Vedant Fashions, while Good management risk is found at Trent and Swadeshi Polytex. Average management risk is noted for Bannari Amm Spg. and Trident, while Below Average management risk is seen at True Green, Bhilwara Tech, Mahalaxmi Rubtec, and Praxis Home. In terms of growth, Excellent growth is seen at K P R Mill Ltd, while Good growth is noted at Trent, and Average growth is found at Swadeshi Polytex. Below Average growth is present at Page Industries, Vedant Fashions, Bannari Amm Spg., Trident, True Green, Bhilwara Tech, Mahalaxmi Rubtec, and Praxis Home. For capital structure, Excellent capital structure is observed at Page Industries and Swadeshi Polytex, while Good capital structure is noted at K P R Mill Ltd and Trident. Below Average capital structure is found at Bannari Amm Spg., True Green, Bhilwara Tech, and Praxis Home.<BR><BR>Return Snapshot: True Green has the highest 1-year return at 145.16%, while Swadeshi Polytex has the lowest at -69.00%. Bannari Amm Spg.'s 1-year return of -25.44% is significantly lower than the highest return and higher than the lowest return. Additionally, peers with negative six-month returns include Trent, Vedant Fashions, Bannari Amm Spg., Swadeshi Polytex, and Bhilwara Tech.

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.

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.

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

As of March 2023, 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.

As of March 2023, 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>The team consists of a mix of executive and independent non-executive directors, with S V Arumugam serving as the chairman and executive director.

What does Bannari Amm Spg. do?

Bannari Amman Spinning Mills Ltd manufactures cotton yarn and fabrics, operating in the Garments & Apparels industry. As of March 2025, it reported net sales of ₹2,255 Cr and a net profit of ₹18 Cr, with a market cap of ₹263 Cr.

Overview:<BR>Bannari Amman Spinning Mills Ltd is engaged in the manufacture of cotton yarn, woven and coated fabrics, and operates within the Garments & Apparels industry as a Micro Cap company.<BR><BR>History:<BR>The company was incorporated on July 10, 1989, originally named Shiva Textiles (CBT) Limited, and changed its name to Bannari Amman Spinning Mills Limited on October 11, 1991. The latest quarterly results reported net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 2,255 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 18 Cr (Quarterly Results - Mar 2025)<BR>- Market Cap: INR 263 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: N/A<BR>- Industry P/E: 23<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: 1.11<BR>- Return on Equity: -0.74%<BR>- Price to Book: 0.64<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

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.

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 results are mixed; while net profit increased 113.21% year-over-year, it fell 59.28% sequentially, and net sales dropped 10.70% from the previous quarter, indicating ongoing challenges in the textile sector. Investors should be cautious due to declining sales and rising interest costs despite stable operating margins.

Bannari Amman Spinning Mills Ltd's latest results present a mixed picture. For the third quarter of FY26, the company reported a consolidated net profit of ₹2.26 crores, which is a significant decline of 59.28% compared to the previous quarter. However, this figure shows a substantial year-over-year increase of 113.21%, indicating recovery from a weaker prior-year base.<BR><BR>On the revenue front, net sales fell to ₹203.90 crores, down 10.70% sequentially and 4.32% year-over-year, marking the lowest quarterly sales in the past year. This decline reflects ongoing challenges in the textile sector, including weak demand.<BR><BR>Despite these setbacks, the operating margin remained stable at 9.86%, suggesting effective cost management amid revenue pressures. However, the rising interest costs, which reached ₹11.35 crores—the highest in four quarters—have impacted profitability, leading to concerns about the company's financial flexibility.<BR><BR>Overall, while there are some positive indicators like year-over-year profit growth and stable margins, the sequential decline in both profit and sales raises questions about the sustainability of the company's recovery. Investors should be cautious, as the current results indicate significant operational challenges that need to be addressed.

Why is Bannari Amman Spinning Mills Ltd falling/rising?

As of 25-Feb, Bannari Amman Spinning Mills Ltd's stock price is declining at 23.05, with a total drop of -5.84% over the last three days and a significant -39.50% decline over the past year. The stock is trading below its moving averages, indicating a bearish trend, and investor confidence is low, reflected in a -68.96% drop in delivery volume.

As of 25-Feb, Bannari Amman Spinning Mills Ltd is experiencing a decline in its stock price, currently at 23.05, which reflects a change of -0.05 (-0.22%). The stock has been underperforming significantly, with a consecutive fall over the last three days, resulting in a total decline of -5.84% during this period. Additionally, the stock's performance today has underperformed its sector by -0.27%.<BR><BR>The stock is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. Investor participation has also decreased, with delivery volume dropping by -68.96% compared to the 5-day average, suggesting a lack of confidence among investors.<BR><BR>Over the longer term, the stock has shown a substantial decline, with a -39.50% return over the past year and a staggering -66.64% over the last five years. This consistent underperformance against the benchmark, including a -43.92% decline over three years, further emphasizes the stock's struggles. The company's weak long-term fundamentals, highlighted by a -2.41% CAGR growth in net sales over the last five years and a high Debt to EBITDA ratio of 9.12 times, contribute to the negative sentiment surrounding the stock.<BR><BR>Despite some positive factors, such as a significant increase in profits by 191.5% over the past year and a low PEG ratio of 0.1, the overall outlook remains weak due to the company's inability to generate adequate returns on equity and consistent underperformance against market benchmarks.

Which are the latest news on Bannari Amm Spg.?