Bannari Amman Spinning Mills Ltd (BASML) News & Corporate Actions | Announcements, Board Meetings, Splits, Bonuses, Rights Issues

{
  "main_header": {
    "sid": 662332,
    "name": "Bannari Amm Spg.",
    "stock_name": "Bannari Amm Spg.",
    "full_name": "Bannari Amman Spinning Mills Ltd",
    "name_url": "stocks-analysis/bannari-amm-spg",
    "exchange": 0,
    "exchangecode": "",
    "primexch": 1,
    "country_id": 34,
    "currency": "INR",
    "cmp": "25.40",
    "chg": -1.49,
    "chgp": "-5.54%",
    "dir": -1,
    "prev_price": "26.89",
    "mcapval": "212.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 532674,
    "symbol": "BASML",
    "ind_name": "Garments & Apparels",
    "ind_code": 32,
    "indexname": "India SENSEX",
    "isin": "INE186H01022",
    "curr_date": "May 29",
    "curr_time": "",
    "bse_nse_vol": "4.21 lacs",
    "exc_status": "Active",
    "traded_date": "May 29, 2026",
    "traded_date_str": "2026 05 29",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
    "is_blur": 1,
    "is_blur_class": "blur-register-score-header",
    "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/bannari-amm-spg-662332-0&utm_source=Spage_Header_Score",
    "mojoone": {
      "ismore": 0
    }
  },
  "news": {
    "results": [
      {
        "title": "Are Bannari Amman Spinning Mills Ltd latest results good or bad?",
        "link": "https://www.marketsmojo.com/news/result-analysis/are-bannari-amman-spinning-mills-ltd-latest-results-good-or-bad-4023817",
        "imagepath": "",
        "date": "2026-05-30 19:45:18",
        "description": "Bannari Amman Spinning Mills Ltd's latest financial results for Q4 FY26 present a complex picture of operational performance. The company reported consolidated net sales of ₹220.71 crores, reflecting an 8.24% sequential recovery after two quarters of decline. However, this figure still indicates a 2.13% decrease compared to the same quarter last year. The revenue growth suggests some stabilization in demand conditions, but it contrasts sharply with the company's profitability metrics.\n\nThe consolidated net profit for the quarter was ₹1.38 crores, which marks a significant decline of 38.94% from the previous quarter and a 25.00% decrease year-on-year. This represents the lowest quarterly profit in recent periods, raising concerns about the company's operational efficiency and cost management. The profit before tax also fell substantially, highlighting ongoing challenges in maintaining profitability.\n\nAdditio..."
      },
      {
        "title": "Bannari Amman Spinning Mills Q4 FY26: Profitability Plunges Despite Revenue Recovery",
        "link": "https://www.marketsmojo.com/news/result-analysis/bannari-amman-spinning-mills-q4-fy26-profitability-plunges-despite-revenue-recovery-4023078",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/BannariAmmanSpi_quaterlyResult_4023078.png",
        "date": "2026-05-29 23:48:58",
        "description": "Bannari Amman Spinning Mills Ltd., a Coimbatore-based textile manufacturer specialising in cotton yarn and knitted fabrics, reported a disappointing end to FY26 with consolidated net profit plummeting 38.94% quarter-on-quarter to ₹1.38 crores in Q4 FY26, despite revenue recovery. The micro-cap company, with a market capitalisation of ₹212.00 crores, saw its stock decline 5.54% to ₹25.40 following the results announcement, reflecting investor concerns about deteriorating profitability and margin compression."
      },
      {
        "title": "Bannari Amman Spinning Mills Ltd is Rated Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/bannari-amman-spinning-mills-ltd-is-rated-sell-4009137",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/BannariAmmanSpi_mojoScore_4009137.png",
        "date": "2026-05-24 10:10:37",
        "description": "Bannari Amman Spinning Mills Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 09 Apr 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 24 May 2026, providing investors with the latest insights into the company’s performance and outlook."
      },
      {
        "title": "When is the next results date for Bannari Amman Spinning Mills Ltd?",
        "link": "https://www.marketsmojo.com/news/result-analysis/when-is-the-next-results-date-for-bannari-amman-spinning-mills-ltd-3993497",
        "imagepath": "",
        "date": "2026-05-15 23:17:01",
        "description": "The next results date for Bannari Amman Spinning Mills Ltd is scheduled for 29 May 2026...."
      },
      {
        "title": "Bannari Amman Spinning Mills Ltd is Rated Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/bannari-amman-spinning-mills-ltd-is-rated-sell-3989168",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/BannariAmmanSpi_mojoScore_3989168.png",
        "date": "2026-05-13 10:11:11",
        "description": "Bannari Amman Spinning Mills Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 09 Apr 2026. However, the analysis and financial metrics discussed here reflect the company’s current position as of 13 May 2026, providing investors with the latest insights into its performance and outlook."
      },
      {
        "title": "Bannari Amman Spinning Mills Ltd is Rated Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/bannari-amman-spinning-mills-ltd-is-rated-sell-3972553",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/BannariAmmanSpi_mojoScore_3972553.png",
        "date": "2026-05-02 10:10:38",
        "description": "Bannari Amman Spinning Mills Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 09 Apr 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 02 May 2026, providing investors with an up-to-date view of the company’s fundamentals, returns, and market performance."
      },
      {
        "title": "Bannari Amman Spinning Mills Ltd is Rated Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/bannari-amman-spinning-mills-ltd-is-rated-sell-3955699",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/4/BannariAmmanSpi_mojoScore_3955699.png",
        "date": "2026-04-21 10:10:52",
        "description": "Bannari Amman Spinning Mills Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 09 April 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 21 April 2026, providing investors with an up-to-date view of the company’s fundamentals, returns, and market performance."
      },
      {
        "title": "Bannari Amman Spinning Mills Ltd Upgraded to Sell on Technical Improvements Despite Weak Fundamentals",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/bannari-amman-spinning-mills-ltd-upgraded-to-sell-on-technical-improvements-despite-weak-fundamentals-3941059",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/4/BannariAmmanSpi_mojoScore_3941059.png",
        "date": "2026-04-10 08:11:14",
        "description": "Bannari Amman Spinning Mills Ltd has seen its investment rating upgraded from Strong Sell to Sell as of 9 April 2026, driven primarily by a shift in technical indicators despite persistent fundamental challenges. The micro-cap textile company’s Mojo Score improved to 31.0, reflecting a mildly bearish technical trend, while valuation and financial trends remain subdued. This article analyses the four key parameters—Quality, Valuation, Financial Trend, and Technicals—that influenced the rating change and what it means for investors."
      },
      {
        "title": "Bannari Amman Spinning Mills Ltd is Rated Strong Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/bannari-amman-spinning-mills-ltd-is-rated-strong-sell-3933133",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/4/BannariAmmanSpi_mojoScore_3933133.png",
        "date": "2026-04-05 10:10:30",
        "description": "Bannari Amman Spinning Mills Ltd is rated Strong Sell by MarketsMOJO. This rating was last updated on 15 Feb 2026, reflecting a shift from the previous 'Sell' grade. However, the analysis and financial metrics discussed here represent the stock's current position as of 05 April 2026, providing investors with the latest insights into the company’s performance and outlook."
      }
    ],
    "total": 156,
    "sid": "662332",
    "stock_news_url": "https://www.marketsmojo.com/news/bannari-amman-spinning-mills-662332"
  },
  "announcements": [
    {
      "caption": "Board Meeting Intimation for Audited Financial Results For The Year Ended 31.3.2026",
      "datetime": "14-May-2026",
      "details": "Bannari Amman Spinning Mills Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/05/2026 inter alia to consider and approve the Audited Financial Results for the year ended 31.3.2026",
      "source": "BSE"
    },
    {
      "caption": "Closure of Trading Window",
      "datetime": "14-May-2026",
      "details": "We wish to inform you that the trading window of our Company will remain closed till the end of 48 hours after the declaration of Audited Financial Results of the Company for the year ended 31.3.2026 i.e. 1.4.2026 to 31.5.2026 (both days inclusive).",
      "source": "BSE"
    },
    {
      "caption": "Forfeiture Of Share Warrants",
      "datetime": "04-May-2026",
      "details": "The Company has forfeited the convertible share warrants issued on 4.11.2024 as per the details provided in the attachment.",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "Bannari Amman Spinning Mills Ltd has declared <strong>12%</strong> dividend, ex-date: 16 Sep 22",
          "dt": "2022-09-16",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "",
      "data": [
        {
          "txt": "Bannari Amman Spinning Mills Ltd has announced <strong>5:10</strong> stock split, ex-date: 12 Feb 21",
          "dt": "2021-02-12",
          "middle_text": "Split"
        }
      ]
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "",
      "data": [
        {
          "txt": "Bannari Amman Spinning Mills Ltd has announced <strong>10:43</strong> rights issue, ex-date: 30 Apr 25",
          "dt": "2025-04-30",
          "middle_text": "Rights Issue"
        }
      ]
    }
  ]
}

News and Views

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

2026-05-30 19:45:18

Bannari Amman Spinning Mills Ltd's latest financial results for Q4 FY26 present a complex picture of operational performance. The company reported consolidated net sales of ₹220.71 crores, reflecting an 8.24% sequential recovery after two quarters of decline. However, this figure still indicates a 2.13% decrease compared to the same quarter last year. The revenue growth suggests some stabilization in demand conditions, but it contrasts sharply with the company's profitability metrics. The consolidated net profit for the quarter was ₹1.38 crores, which marks a significant decline of 38.94% from the previous quarter and a 25.00% decrease year-on-year. This represents the lowest quarterly profit in recent periods, raising concerns about the company's operational efficiency and cost management. The profit before tax also fell substantially, highlighting ongoing challenges in maintaining profitability. Additio...

Read full news article

Bannari Amman Spinning Mills Q4 FY26: Profitability Plunges Despite Revenue Recovery

2026-05-29 23:48:58

Bannari Amman Spinning Mills Ltd., a Coimbatore-based textile manufacturer specialising in cotton yarn and knitted fabrics, reported a disappointing end to FY26 with consolidated net profit plummeting 38.94% quarter-on-quarter to ₹1.38 crores in Q4 FY26, despite revenue recovery. The micro-cap company, with a market capitalisation of ₹212.00 crores, saw its stock decline 5.54% to ₹25.40 following the results announcement, reflecting investor concerns about deteriorating profitability and margin compression.

Read full news article

Bannari Amman Spinning Mills Ltd is Rated Sell

2026-05-24 10:10:37

Bannari Amman Spinning Mills Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 09 Apr 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 24 May 2026, providing investors with the latest insights into the company’s performance and outlook.

Read full news article

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

2026-05-15 23:17:01

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

Read full news article

Bannari Amman Spinning Mills Ltd is Rated Sell

2026-05-13 10:11:11

Bannari Amman Spinning Mills Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 09 Apr 2026. However, the analysis and financial metrics discussed here reflect the company’s current position as of 13 May 2026, providing investors with the latest insights into its performance and outlook.

Read full news article

Bannari Amman Spinning Mills Ltd is Rated Sell

2026-05-02 10:10:38

Bannari Amman Spinning Mills Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 09 Apr 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 02 May 2026, providing investors with an up-to-date view of the company’s fundamentals, returns, and market performance.

Read full news article

Bannari Amman Spinning Mills Ltd is Rated Sell

2026-04-21 10:10:52

Bannari Amman Spinning Mills Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 09 April 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 21 April 2026, providing investors with an up-to-date view of the company’s fundamentals, returns, and market performance.

Read full news article

Bannari Amman Spinning Mills Ltd Upgraded to Sell on Technical Improvements Despite Weak Fundamentals

2026-04-10 08:11:14

Bannari Amman Spinning Mills Ltd has seen its investment rating upgraded from Strong Sell to Sell as of 9 April 2026, driven primarily by a shift in technical indicators despite persistent fundamental challenges. The micro-cap textile company’s Mojo Score improved to 31.0, reflecting a mildly bearish technical trend, while valuation and financial trends remain subdued. This article analyses the four key parameters—Quality, Valuation, Financial Trend, and Technicals—that influenced the rating change and what it means for investors.

Read full news article

Bannari Amman Spinning Mills Ltd is Rated Strong Sell

2026-04-05 10:10:30

Bannari Amman Spinning Mills Ltd is rated Strong Sell by MarketsMOJO. This rating was last updated on 15 Feb 2026, reflecting a shift from the previous 'Sell' grade. However, the analysis and financial metrics discussed here represent the stock's current position as of 05 April 2026, providing investors with the latest insights into the company’s performance and outlook.

Read full news article

View All News