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Bannari Amman Spg share price

Bannari Amman Spinning Mills Ltd.

NSE: BASML BSE: 532674 SECTOR: Textile - Spinning  20k   38   0

43.90
+0.10 (0.23%)
NSE: 24 Apr 04:11 PM

Price Summary

Today's High

₹ 44.8

Today's Low

₹ 43.2

52 Week High

₹ 59.5

52 Week Low

₹ 37.5

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationAttractive
The stock is considerably attractive based on intrinsic value.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

284.66 Cr.

Enterprise Value

842.82 Cr.

No. of Shares

6.48 Cr.

P/E

0

P/B

0.73

Face Value

₹ 5

Div. Yield

0 %

Book Value (TTM)

₹  60.36

CASH

6.52 Cr.

DEBT

564.69 Cr.

Promoter Holding

55.33 %

EPS (TTM)

₹  -3.64

Sales Growth

-14.8%

ROE

-8.2 %

ROCE

-0.31%

Profit Growth

-171.52 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year-14.8%
3 Year5.79%
5 Year4.19%

Profit Growth

1 Year-171.52%
3 Year-659.37%
5 Year-236.54%

ROE%

1 Year-8.2%
3 Year0.49%
5 Year1.59%

ROCE %

1 Year-0.31%
3 Year6.48%
5 Year6.96%

Debt/Equity

1.3926

Price to Cash Flow

-6.64

Interest Cover Ratio

-0.0602434430583872

CFO/PAT (5 Yr. Avg.)

15.3585056721981

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 55.33 0
Dec 2023 55.33 0
Sep 2023 55.33 0
Jun 2023 55.33 0
Mar 2023 55.33 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has a high promoter holding of 55.33%.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 5.00300881366529.

 Limitations

  • The company has shown a poor profit growth of -659.369633048413% for the Past 3 years.
  • The company has shown a poor revenue growth of 5.79040152603598% for the Past 3 years.
  • Company has a poor ROE of 0.48527337243694% over the past 3 years.
  • Company has low Interest coverage ratio of -0.0602434430583872.
  • Company has negative cash flow from operations of -42.8993.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 215.02 334.44 205.74 299.13 202.94
Total Expenditure 216.84 331.25 193.33 288.29 190.71
Operating Profit -1.82 3.18 12.4 10.84 12.24
Other Income 1.05 2.38 0.37 2.89 2.49
Interest 12.6 11.96 13.73 12.21 13.17
Depreciation 6.83 8.51 7.97 8.01 6.86
Exceptional Items 0 0 0 0 0
Profit Before Tax -20.21 -14.91 -8.93 -6.48 -5.3
Tax -6 -5.39 -2.81 -2.18 -1.66
Profit After Tax -14.21 -9.52 -6.12 -4.31 -3.64
Adjusted EPS (Rs) -2.19 -1.47 -0.94 -0.66 -0.56

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 999.83 924.97 859.64 1285.43 1095.14
Total Expenditure 897.15 849.94 793 1139.1 1072.52
Operating Profit 102.68 75.03 66.63 146.33 22.62
Other Income 8.8 18.47 5.76 4.26 3.72
Interest 62.36 64.96 56.76 46.33 47.63
Depreciation 30.05 28.31 28.09 28.18 29.21
Exceptional Items 0 0 0 0 0
Profit Before Tax 19.07 0.23 -12.45 76.08 -50.49
Tax -0.27 0.04 -1.9 27.38 -15.66
Net Profit 19.34 0.2 -10.55 48.7 -34.83
Adjusted EPS (Rs.) 3.96 0.04 -2.16 7.51 -5.37

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 15.75 15.75 15.75 32.42 32.42
Total Reserves 293.34 290.97 280.88 411.19 373.06
Borrowings 214.79 183.46 157.55 224.52 275.42
Other N/C liabilities 37.54 36.87 32.53 44.83 27.01
Current liabilities 558.44 566.08 456.79 325.61 421.6
Total Liabilities 1119.87 1093.13 943.49 1038.57 1129.52
Assets
Net Block 588.88 568.62 541.99 532.56 549.69
Capital WIP 1.32 0 0 3.72 5.48
Intangible WIP 0 0 0 0 0
Investments 27.07 26.44 26.45 28.12 32.32
Loans & Advances 9.97 13.92 14.73 26.46 13.44
Other N/C Assets 0 0 0.85 1.34 0.57
Current Assets 492.64 484.14 359.47 446.37 528.02
Total Assets 1119.87 1093.13 943.49 1038.57 1129.52
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 19.07 0.23 -12.45 76.08 -50.49
Adjustment 86.14 73.65 84.32 77.04 76.82
Changes in Assets & Liabilities -44.12 51.12 92.99 -92.62 -68.59
Tax Paid -3.82 -1.71 1.21 -13.18 -0.64
Operating Cash Flow 57.27 123.3 166.07 47.32 -42.9
Investing Cash Flow -22.5 15.71 -0.05 -22.99 -45
Financing Cash Flow -38.11 -118.1 -183.81 -22.37 81.75
Net Cash Flow -3.34 20.91 -17.79 1.97 -6.15

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 55.33 55.33 55.33 55.33 55.33
arumugam s v 1.06 1.06 1.06 1.06 1.06
murugan enterprise privat... 54.27 54.27 54.27 54.27 54.27
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 44.67 44.67 44.67 44.67 44.67
anuj anantrai sheth 4.72 4.72 4.72 4.72 4.72
investor education and pr... 0.02 0.02 - 0.03 0.03
llp 0.02 0.02 - 0.32 0.08
prescient wealth manageme... 4.69 4.69 4.69 4.69 3.70
gagandeep credit capital ... 5.99 5.99 5.99 4.52 -
investor education and pr... - - 0.02 - -

Annual Reports

Ratings & Research Reports

Company Presentations

  • PresentationQ4FY22 18 Apr 2022

Company News

Bannari Amman Spinning Mills informs about certificate10 Apr 2024, 3:04PM Bannari Amman Spg - Quaterly Results14 Feb 2024, 1:54PM Bannari Amman Spg - Quaterly Results14 Feb 2024, 1:54PM Bannari Amman Spinning Mills to sell stake in Young Brand Apparel5 Feb 2024, 6:32PM Bannari Amman Spinning Mills informs about board meeting 5 Feb 2024, 5:27PM Bannari Amman Spinning Mills inks MoU for sell of Garment unit 8 Jan 2024, 11:59AM Bannari Amman Spinning Mills informs about board meeting 29 Nov 2023, 5:25PM Bannari Amman Spg - Quaterly Results14 Nov 2023, 1:05PM Bannari Amman Spg - Quaterly Results14 Nov 2023, 1:05PM Bannari Amman Spinning Mills informs about newspaper publication16 Aug 2023, 4:27PM Bannari Amman Spg - Quaterly Results14 Aug 2023, 1:28PM Bannari Amman Spg - Quaterly Results30 May 2023, 1:33PM Bannari Amman Spinning Mills informs about closure of trading window10 May 2023, 4:36PM Bannari Amman Spinning Mills submits board meeting intimation10 May 2023, 12:47PM Bannari Amman Spg - Quaterly Results14 Feb 2023, 12:08PM Bannari Amman Spinning Mills informs about trading window closure31 Jan 2023, 5:23PM Bannari Amman Spinning Mills informs about board meeting 31 Jan 2023, 5:02PM Bannari Amman Spinning Mills informs about disclosure of related party transactions 18 Nov 2022, 2:54PM Bannari Amman Spg - Quaterly Results14 Nov 2022, 1:11PM Bannari Amman Spinning Mills informs about board meeting4 May 2022, 12:16PM Bannari Amman Spg - Quaterly Results10 Feb 2022, 3:22PM Bannari Amman Spg - Quaterly Results10 Feb 2022, 3:22PM Bannari Amman Spg - Quaterly Results10 Feb 2022, 3:22PM Bannari Amman Spinning Mills informs about updates17 Sep 2021, 2:39PM Bannari Amman Spinning Mills fixes record date for right issue of equity shares4 Sep 2021, 12:02PM Bannari Amman Spinning Mills informs about observation letter from SEBI26 Jun 2021, 4:13PM Bannari Amman Spinning Mills resumes operation at all units22 Jun 2021, 12:04PM Bannari Amman Spinning Mills informs about resumption of operations8 Jun 2021, 4:32PM Bannari Amman Spinning Mills resumes operations 31 May 2021, 11:07AM Bannari Amman Spinning Mills informs about outcome of board meeting27 Jan 2021, 1:21PM Bannari Amman Spinning becomes subsidiary of Murugan Enterprise20 Nov 2020, 11:31AM Bannari Amman Spinning Mills board to consider audited financial results20 Jul 2020, 4:28PM

Bannari Amman Spg Stock Price Analysis and Quick Research Report. Is Bannari Amman Spg an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Bannari Amman Spg has a PE ratio of -12.0654115707022 which is low and comparatively undervalued .

  • Share Price: - The current share price of Bannari Amman Spg is Rs 43.9. One can use valuation calculators of ticker to know if Bannari Amman Spg share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Bannari Amman Spg has ROA of -3.21294732063207 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Bannari Amman Spg has a Current ratio of 1.25240906830068 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Bannari Amman Spg has a ROE of -8.20396896032347 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Bannari Amman Spg has a D/E ratio of 1.3926 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Bannari Amman Spg has an Inventory turnover ratio of 4.3960091642306 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Bannari Amman Spg has reported revenue growth of -14.8035538107295 % which is poor in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Bannari Amman Spg for the current financial year is 2.06566830764843 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Bannari Amman Spg is Rs 0 and the yield is 0 %.

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Brief about Bannari Amman Spg
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