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Bannari Amman Spinning Mills Limited
(BASML)
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Rating:56Neutral
Price Target:
₹25.00
▼(-4.54% Downside)
Action:Reiterated
Date:06/25/26
The score is held back primarily by weak and inconsistent cash generation (near-breakeven free cash flow) and still-thin profitability alongside declining revenue, despite improved leverage. Offsetting this, technical indicators show solid positive momentum, and valuation (P/E ~15.7) is moderate.
Positive Factors
Improved leverage
The substantial reduction in debt-to-equity indicates a healthier capital structure and greater resilience than in the prior year. Lower leverage can reduce financial pressure, improve funding flexibility, and give management more capacity to navigate textile-cycle volatility over the next several quarters.
Negative Factors
Multi-year revenue decline
Persistent revenue contraction indicates that the company has not yet regained durable demand or volume momentum across its yarn activities. Continued top-line pressure can reduce operating leverage, limit reinvestment capacity, and make future profit improvement dependent mainly on cost control or favorable pricing spreads.
Read all positive and negative factors
Positive Factors
Negative Factors
Improved leverage
The substantial reduction in debt-to-equity indicates a healthier capital structure and greater resilience than in the prior year. Lower leverage can reduce financial pressure, improve funding flexibility, and give management more capacity to navigate textile-cycle volatility over the next several quarters.
Read all positive factors
Bannari Amman Spinning Mills Limited (BASML) vs. iShares MSCI India ETF (INDA)
Market Cap
₹1.98B
Dividend Yield1.01%
Average Volume (3M)6.76K
Price to Earnings (P/E)8.7
Beta (1Y)1.44
Revenue Growth-2.19%
EPS Growth132.56%
CountryIN
Employees3,249
SectorGeneral
Sector StrengthN/A
IndustryManufacturing - Textiles
Share Statistics
EPS (TTM)2.84
Shares Outstanding79,921,370
10 Day Avg. Volume6,039
30 Day Avg. Volume6,763
Financial Highlights & Ratios
PEG Ratio0.15
Price to Book (P/B)0.28
Price to Sales (P/S)0.16
P/FCF Ratio116.75
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bannari Amman Spinning Mills Limited Business Overview & Revenue Model
Company Description
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 k...
How the Company Makes Money
BASML makes money primarily by manufacturing and selling yarn produced from cotton and other fibers. Its core revenue stream is the sale of spun yarn (including various counts and blends), which is sold to downstream textile customers such as weav...
Bannari Amman Spinning Mills Limited Financial Statement Overview
Summary
Income Statement
44
Neutral
Balance Sheet
56
Neutral
Cash Flow
38
Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 8.69B | 8.70B | 8.81B | 9.14B | 13.99B | 15.33B |
| Gross Profit | 1.60B | 1.63B | 623.29M | 225.08M | 3.70B | 4.08B |
| EBITDA | 836.49M | 925.10M | 648.16M | 492.03M | 217.31M | 1.69B |
| Net Income | 228.86M | 137.49M | 71.91M | -219.70M | -295.95M | 524.39M |
Balance Sheet | ||||||
| Total Assets | 0.00 | 9.84B | 10.05B | 12.28B | 12.84B | 12.50B |
| Cash, Cash Equivalents and Short-Term Investments | 28.13M | 57.15M | 56.11M | 78.91M | 210.98M | 197.09M |
| Total Debt | 0.00 | 3.97B | 7.16B | 5.07B | 6.21B | 5.20B |
| Total Liabilities | -4.74B | 5.11B | 5.90B | 7.77B | 8.17B | 7.58B |
| Stockholders Equity | 4.74B | 4.74B | 3.63B | 3.99B | 4.21B | 4.52B |
Cash Flow | ||||||
| Free Cash Flow | -261.61M | 11.55M | -32.36M | 1.08B | -435.90M | 180.60M |
| Operating Cash Flow | 245.57M | 723.19M | 228.22M | 1.23B | 10.29M | 560.21M |
| Investing Cash Flow | -282.67M | -451.83M | 541.20M | -68.62M | -480.21M | -337.73M |
| Financing Cash Flow | 23.37M | -275.34M | -816.22M | -1.13B | 383.31M | -210.54M |
Bannari Amman Spinning Mills Limited Technical Analysis
Negative
26.19
Price Trends
25.88
Negative
25.33
Negative
24.67
Positive
Market Momentum
-0.34
Positive
45.16
Neutral
33.81
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 26.19 is above the 20-day moving average (MA) of 25.03, above the 50-day MA of 25.88, and above the 200-day MA of 24.67, indicating a neutral trend. The MACD of -0.34 indicates Positive momentum. The RSI at 45.16 is Neutral, neither overbought nor oversold. The STOCH value of 33.81 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
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
62 Neutral | ₹36.62B | 17.28 | ― | 0.46% | -0.01% | 21.53% | |
61 Neutral | ₹164.23B | 19.01 | ― | 0.88% | 3.29% | -1.43% | |
56 Neutral | ₹1.98B | 8.66 | ― | 1.01% | -2.19% | 132.56% | |
56 Neutral | ₹10.35B | 16.24 | ― | 2.38% | -5.08% | ― | |
56 Neutral | ₹119.40B | 29.99 | ― | 2.13% | -2.45% | -10.11% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
50 Neutral | ₹9.86B | 13.03 | ― | 0.37% | 2.49% | 249.40% |
* General Sector Average
IN:BASML
Bannari Amman Spinning Mills Limited
24.80
-2.82
-10.20%
IN:NAHARSPING
Nahar Spinning Mills Ltd
273.40
59.03
27.54%
IN:NITINSPIN
Nitin Spinners Limited
651.35
316.30
94.41%
IN:RSWM
RSWM Ltd
219.70
62.95
40.16%
IN:TRIDENT
Trident Limited
23.43
-4.99
-17.56%
IN:VTL
Vardhman Textiles Limited
567.35
144.24
34.09%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.