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Bannari Amman Spinning Mills Ltd share Price Today

Company details

47.70
49.00
37.50
59.50
6M Return -10.03%
1Y Return 11.76%
Mkt Cap.(Cr) 311.24
Volume 77,113
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 77,113

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Bannari Amman Spinning Mills Ltd shares SWOT Analysis

Strengths (2)

  • Increasing profits every quarter for the past 4 quarters
  • Company with Zero Promoter Pledge

Weakness (6)

  • Negative Breakdown First Support (LTP < S1)
  • Red Flag: High Interest Payments Compared to Earnings
  • Poor cash generated from core business - Declining Cash Flow from Operations for last 2 years

Opportunity (1)

  • Stock with Low PE (PE < = 10)

Threats (1)

  • Increasing Trend in Non-Core Income

Resistance and support

R1 49.4
R2 50.2
R3 50.6
Pivot

48.95

S1 48.2
S2 47.8
S3 47.0
EMA SMA
48.7
47.3
47.3
47.7
49.7
44.9
48.0
48.0
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2024-01-30 57.38 403517 NSE
GAGANDEEP CREDIT CAPITAL PVT. LTD. Bulk Sell 2024-01-30 57.56 598362 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Sell 2024-01-30 57.45 403517 NSE
Name Category Shares
Arumugam S V PROMOTER 1.06%
Murugan Enterprise Private Limited PROMOTER 54.27%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Bannari Amman Spinning Mills Ltd Stocks COMPARISON

Financials( in Cr) Bannari Amman Spinning Mills Ltd Grasim Industries Ltd Trident Ltd Raymond Ltd Welspun Living Ltd
Price 48.00 2,390.65 37.65 2,175.80 143.85
% Change -1.34 -2.06 -0.53 -2.27 0.24
Mcap Cr 311.24 162,695.69 19,186.27 14,485.17 13,979.46
Revenue TTM Cr 1,398.57 117,627.08 6,332.26 8,214.72 8,093.76
Net Profit TTM Cr -22.65 11,078.20 441.61 536.96 202.51
PE TTM 0.00 26.62 54.87 8.83 20.48
1 Year Return 11.76 41.16 8.35 37.11 56.61
ROCE 2.38 9.04 11.89 21.11 5.91
ROE -5.19 14.35 10.99 23.24 5.03
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 420.84 Cr FV: 5.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 29,248.28 -22,040.96
LAST 3M 102,638.29 -30,717.76
LAST 6M 167,920.74 50,623.85
LAST 12M 262,867.28 126,756.31

Bannari Amman Spinning Mills Ltd Information

Stock PE (TTM)
0
Promoter Holding
55.33%
Book Value
63.8011
ROCE
2.38%
ROE
-5.19%
Description
  • Bannari Amman Spinning Mills Limited was incorporated on July 10, 1989 with the name Shiva Textiles (CBT) Limited . On October 11, 1991, the name of the company was changed from Shiva Textiles (CBT) Ltd to Bannari Amman Spinning Mills Limited. Bannari Amman Spinning Mills Ltd, a part of Coimbatore based Bannari Amman Group, is engaged in manufacture of cotton yarn, woven and coated fabrics. The company is also engaged in wind power generation. The Company`s principal line of business is manufacturing and marketing of Cotton Yarn, Woven and Knitted fabrics, Home Textiles, Knitted Garments and Processing of fabrics. The Company has 2 spinning units near Dindigul, Tamil Nadu with an installed capacity of 145440 spindles, Weaving and Home Textiles units at Karanampettai near Palladam with an installed capacity of 153 looms, Processing unit at SIPCOT, Perundurai with an installed capacity to process 5400 tonnes of fabric per annum, Knitting unit at Karanampettai near Palladam with installed capacity to produce 7200 tonnes of knitted fabric per annum, Garment units at Palladam Hi-tech weaving park and 27 Windmills with an installed capacity of 23.40 MW green power which is entirely used for captive consumption. The company has 4 windmills of 1250 KVA each totaling 5 MW in Radhapuram Taluk, Tirunelveli District, Tamilnadu and 23 Nos Windmills, each of 800 KW capacity totaling 18.40 MW capacity in Dharapuram Taluk, Tiruppur District and Palani Taluk, Dindigul District, Tamilnadu. The total installed capacity of Windmills is 23.40 MW. The whole of the power generated is captively consumed by the Spinning Units and Weaving Unit. In September 14, 1986, the company commenced their commercial operations. In January 1997, the company received their first export order. In October 2001, the company received the ISO 9001:2000 certifications from Det Norske Veritas. In the May 2002, the company was awarded a Certificate of Recognition as an Export House by the Joint Director General of Foreign Trade. In December 2004, the company set up their weaving division with an installed capacity of 28 looms. Also, they invested in captive power generation to meet their internal power requirements. During the year 2005-06, the company came out with a maiden public issue of 70,03,019 equity shares of Rs 10 each at a price of Rs 135 for cash at a premium aggregating to Rs 94.50 crore. The company shares were listed on the Bombay Stock Exchange and National Stock Exchange. During the year 2006-07, the company along with their associates, Shiva Texyarn Ltd entered into a joint venture agreement with Jacob Apparel Ltd and formed a new company, namely Bannari Amman Apparel Pvt Ltd to implement apparel project pursuant to the joint venture agreement. During the year 2007-08, the company completed the expansion project of an installed capacity of 108,000 spindles in the spinning division. They installed a coating unit with a capacity to produce 200,000 meters of coated fabric per month. They also installed a state of the art reactive polyurethane lamination system and is producing breathable-waterproof fabrics used in a variety of applications. They launched a retail product called "Quick Dry" for adult and child incontinence in domestic market. During the year 2008-09, the company increased the production capacity of Fabric from 128 looms to 135 looms. Also, they increased the production capacity of Wind Energy from 16200 KW to 23400 KW. In 2010-11, the Company installed 9 Windmills each of 800 KW capacity totaling 7.20 MW capacity near Pushpathur, Dindigul District, Tamil Nadu and made them operational in 2011-12. In 2015-16, a new Garments project near Palladam, Tirupur District, Tamil Nadu became operational. In 2016-17, the Retail division of the Company set up under the brand name "BITZ" commenced operations.

Registered Address

252 Mettupalayam Road, , Coimbatore, Tamil Nadu, 641043

Tel : 91-422-2435555
Email : shares:bannarimills.com
Website : http://www.bannarimills.com
Registrar

Link Intime India Pvt Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 5
Market Lot Equity Shares : 1
BSE Code : 532674
NSE Code : BASML
Book Closure Date (Month) : Sep
BSE Group : B
ISIN : INE186H01022

FAQ’s on Bannari Amman Spinning Mills Ltd Shares

You can buy Bannari Amman Spinning Mills Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Bannari Amman Spinning Mills Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of May 27, 2024 03:32 PM the closing price of Bannari Amman Spinning Mills Ltd was Rs.48.00.

Market capitalization or market cap is determined by multiplying the current market price of a company�s shares with the total number of shares outstanding. As of May 27, 2024 03:32 PM, the market cap of Bannari Amman Spinning Mills Ltd stood at Rs. 311.24.

The latest PE ratio of Bannari Amman Spinning Mills Ltd as of May 27, 2024 03:32 PM is 0.00

The latest PB ratio of Bannari Amman Spinning Mills Ltd as of May 27, 2024 03:32 PM is 1.31

The 52-week high of Bannari Amman Spinning Mills Ltd share price is Rs. 59.50 while the 52-week low is Rs. 37.50

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