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Bannari Amman Spinning Mills Limited (IN:BASML)
:BASML
India Market
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Bannari Amman Spinning Mills Limited (BASML) Price & Analysis

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BASML Stock Chart & Stats

₹26.19
₹0.49(1.84%)
At close: 4:00 PM EDT
₹26.19
₹0.49(1.84%)

Bulls Say, Bears Say

Bulls Say
Improving LeverageThe substantial reduction in leverage lowers financial risk and interest sensitivity, while a stronger equity base improves balance-sheet resilience. This can give the spinning business more flexibility to manage cotton-cost cycles and fund operations.
Profitability StabilizationThe return to profitability indicates operational stabilization after prior losses. Although earnings remain modest, sustained positive results would strengthen retained capital and provide a foundation for improving returns if volumes and yarn spreads recover.
Higher Gross MarginImproved gross margin suggests better conversion of yarn sales into operating earnings, potentially reflecting improved product mix, pricing, or input-cost management. If maintained, this gives the business greater protection against cyclical cotton and demand pressures.
Bears Say
Persistent Revenue DeclineMulti-year revenue contraction signals weak volume, pricing, or customer-demand momentum in the yarn business. Without a durable return to growth, fixed manufacturing costs may remain underutilized and limit the company’s ability to expand profits.
Thin Returns And MarginsLow profitability leaves limited room to absorb adverse cotton prices, weaker yarn realizations, or production inefficiencies. The weak ROE also indicates that the enlarged capital base is not yet generating attractive returns, reducing earnings quality.
Weak Cash ConversionNear-breakeven and volatile free cash flow suggests earnings are not consistently converting into funds available for debt reduction, reinvestment, or shareholder returns. Working-capital needs or capital spending could continue to constrain financial flexibility.

BASML FAQ

What was Bannari Amman Spinning Mills Limited’s price range in the past 12 months?
Bannari Amman Spinning Mills Limited lowest stock price was ₹17.18 and its highest was ₹31.75 in the past 12 months.
    What is Bannari Amman Spinning Mills Limited’s market cap?
    Bannari Amman Spinning Mills Limited’s market cap is ₹2.04B.
      When is Bannari Amman Spinning Mills Limited’s upcoming earnings report date?
      Bannari Amman Spinning Mills Limited’s upcoming earnings report date is Nov 18, 2026 which is in 87 days.
        How were Bannari Amman Spinning Mills Limited’s earnings last quarter?
        Bannari Amman Spinning Mills Limited released its earnings results on Aug 10, 2026. The company reported ₹1.714 earnings per share for the quarter, missing the consensus estimate of N/A by N/A.
          Is Bannari Amman Spinning Mills Limited overvalued?
          According to Wall Street analysts Bannari Amman Spinning Mills Limited’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Bannari Amman Spinning Mills Limited pay dividends?
            Bannari Amman Spinning Mills Limited pays a Notavailable dividend of ₹0.25 which represents an annual dividend yield of 0.98%. See more information on Bannari Amman Spinning Mills Limited dividends here
              What is Bannari Amman Spinning Mills Limited’s EPS estimate?
              Bannari Amman Spinning Mills Limited’s EPS estimate for its next earnings report is not yet available.
              How many shares outstanding does Bannari Amman Spinning Mills Limited have?
              Bannari Amman Spinning Mills Limited has 79,921,370 shares outstanding.
                What happened to Bannari Amman Spinning Mills Limited’s price movement after its last earnings report?
                Bannari Amman Spinning Mills Limited reported an EPS of ₹1.714 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went up 4.497%.
                  Which hedge fund is a major shareholder of Bannari Amman Spinning Mills Limited?
                  Currently, no hedge funds are holding shares in IN:BASML
                  What is the TipRanks Smart Score and how is it calculated?
                  Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                    Company Description

                    Bannari Amman Spinning Mills Limited

                    Bannari Amman Spinning Mills Ltd is an Indian enterprise actively engaged in the textile industry. It manufactures and distributes a diverse range of products, including cotton yarns, both woven and knitted fabrics, home furnishings, and various knitted garments. The company also undertakes fabric processing and retails innerwear and activewear for men, women, and children under its proprietary 'Bitz' brand. Furthermore, it engages in the international export of its merchandise. Founded in 1989 and headquartered in Coimbatore, India, Bannari Amman Spinning Mills Ltd operates as a subsidiary of Murugan Enterprise Private Limited.

                    Bannari Amman Spinning Mills Limited (BASML) Earnings & Revenues

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