Bannari Amman Spinning Mills Limited (BASML) AI Stock Analysis

• Market Cap: ₹2.10B
• Dividend Yield: N/A
• Average Volume (3M): 22.94K
• Price to Earnings (P/E): 21.3
• Beta (1Y): 1.23
• Revenue Growth: -20.14%
• EPS Growth: N/A
• Country: IN
• Employees: 3,086
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Apparel - Manufacturers
• EPS (TTM): 0.63
• Shares Outstanding: 79,921,370
• 10 Day Avg. Volume: 30,140
• 30 Day Avg. Volume: 22,940
• PEG Ratio: -0.74
• Price to Book (P/B): 1.92
• Price to Sales (P/S): 0.79
• P/FCF Ratio: -215.51
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹27.00
• Price Target Upside: 2.78% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 44 Neutral
• Price Target: ₹27.00 ▲(2.78% Upside)

The overall stock score is primarily influenced by financial performance challenges, including declining revenues and high leverage. Technical analysis indicates a bearish trend, further impacting the score. Valuation is moderate, but the lack of a dividend yield reduces its appeal.

Bannari Amman Spinning Mills Limited Business Overview & Revenue Model

Company Description

Bannari Amman Spinning Mills Ltd engages in the textile business in India. It manufactures and markets cotton yarns; woven and knitted fabrics; home textiles; and knitted garments, as well as processes fabrics. The company is also involved in the retail of inner wear and active wear for men, women, and kids under the Bitz brand. It also exports its products. The company was incorporated in 1989 and is based in Coimbatore, India. Bannari Amman Spinning Mills Ltd is a subsidiary of Murugan Enterprise Private Limited.

How the Company Makes Money

Bannari Amman Spinning Mills Limited generates revenue through the production and sale of cotton yarns, woven and knitted fabrics, and home textiles. The company's key revenue streams include domestic sales to textile manufacturers and international exports, where they leverage their extensive production capabilities to meet global demand. BASML's earnings are bolstered by strategic partnerships with suppliers and distributors, enabling them to maintain a steady supply chain and distribution network. Additionally, the company's focus on quality and innovation helps in sustaining long-term contracts with clients, contributing significantly to its financial performance.

Bannari Amman Spinning Mills Limited Financial Statement Overview

Summary

Bannari Amman Spinning Mills Limited exhibits significant variability across its financials, with declining revenues and margins raising concerns about profitability and operational efficiency. While the company is highly leveraged, it retains a substantial asset base. Cash flow generation shows some resilience but remains inconsistent. Overall, the company faces challenges in stabilizing its financial performance amidst industry pressures.

Income Statement

The company's revenue has shown significant fluctuation with a downward trajectory over recent years, dropping from 15,334 million in 2022 to 8,873 million in 2024. Gross Profit Margin and Net Profit Margin have also decreased, reflecting operational challenges. The Net Income has varied significantly, indicating instability in profitability. While past EBIT and EBITDA margins were more stable, they have also deteriorated, suggesting the company is facing efficiency issues.

Balance Sheet

The Debt-to-Equity Ratio remains relatively high, indicating a leveraged position that could pose risk during downturns. The Return on Equity has been inconsistent, reflecting varying profitability. The Equity Ratio has decreased, suggesting a lower proportion of assets financed by equity. Despite these challenges, the company maintains a solid asset base.

Cash Flow

Operating Cash Flow has been erratic, but Free Cash Flow has occasionally been positive, indicating some capacity to generate cash internally. The Operating Cash Flow to Net Income Ratio has fluctuated, highlighting volatility in cash generation relative to net income. The company faces challenges in maintaining consistent cash flow, although efforts to manage capital expenditures have been observed.

Breakdown	TTM	Dec 2025	Dec 2023	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	8.89B	8.81B	13.99B	9.14B	15.33B	10.04B
Gross Profit	2.51B	623.29M	3.70B	225.08M	4.08B	2.58B
EBITDA	875.17M	648.16M	242.54M	492.03M	1.73B	827.25M
Net Income	86.29M	71.91M	-295.95M	-219.70M	524.39M	-110.02M
Balance Sheet
Total Assets	0.00	10.05B	12.84B	12.28B	12.50B	11.15B
Cash, Cash Equivalents and Short-Term Investments	32.10M	56.11M	210.98M	78.91M	197.09M	177.38M
Total Debt	0.00	7.16B	6.21B	5.07B	5.20B	5.84B
Total Liabilities	-4.15B	5.90B	8.17B	7.77B	7.58B	7.77B
Stockholders Equity	4.15B	3.63B	4.21B	3.99B	4.52B	3.02B
Cash Flow
Free Cash Flow	0.00	-32.36M	-435.90M	1.08B	180.60M	1.33B
Operating Cash Flow	0.00	228.22M	10.29M	1.23B	560.21M	1.58B
Investing Cash Flow	0.00	541.20M	-480.21M	-68.62M	-337.73M	-119.67M
Financing Cash Flow	0.00	-816.22M	383.31M	-1.13B	-210.54M	-1.63B

Bannari Amman Spinning Mills Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 26.27
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:BASML, the sentiment is Negative. The current price of 26.27 is below the 20-day moving average (MA) of 27.98, below the 50-day MA of 29.33, and below the 200-day MA of 35.36, indicating a bearish trend. The MACD of -0.81 indicates Positive momentum. The RSI at 28.41 is Positive, neither overbought nor oversold. The STOCH value of 24.95 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:BASML.

Bannari Amman Spinning Mills Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DCMNVL	60 Neutral	3.08B	22.50	2.75%	―	-3.18%	―
SHIVATEX	56 Neutral	2.41B	18.34	8.89%	0.32%	10.60%	―
ZODIACLOTH	46 Neutral	2.56B	-6.97	-18.10%	―	16.55%	0.63%
MARALOVER	45 Neutral	1.93B	-6.38	-22.22%	―	3.89%	-1584.25%
BASML	44 Neutral	₹2.10B	21.34	―	―	-20.14%	―
TTL	43 Neutral	2.71B	-112.29	4.55%	0.48%	14.92%	-119.04%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%

Bannari Amman Spinning Mills Limited Corporate Events

Bannari Amman Spinning Mills to Transfer Unclaimed Shares to IEPF

Bannari Amman Spinning Mills Limited has announced the transfer of equity shares to the Investor Education and Protection Fund (IEPF) Authority. This action pertains to shares for which dividends have not been claimed or paid for the past seven years. The company has published notices in newspapers to inform shareholders and has provided details on its website, urging shareholders to claim their dividends before the specified deadline to avoid the transfer of their shares to the IEPF account. This move ensures compliance with regulatory requirements and impacts shareholders who have not claimed their dividends, emphasizing the importance of timely dividend claims.