Bannari Amman Spinning Mills Ltd.

NSE: BASML BSE: 532674 SECTOR: Textile - Spinning  15k   30   0

49.85
+0.15 (0.30%)
NSE: 09 Jun 03:53 PM

Price Summary

Today's High

₹ 51.15

Today's Low

₹ 48.05

52 Week High

₹ 65.9

52 Week Low

₹ 34.15

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationFair
The stock’s market price justifies its intrinsic value.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsAverage
The company could improve upon its asset employment.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

323.24 Cr.

Enterprise Value

741.97 Cr.

No. of Shares

6.48 Cr.

P/E

0

P/B

0.8

Face Value

₹ 5

Div. Yield

1.22 %

Book Value (TTM)

₹  62.53

CASH

11.73 Cr.

DEBT

430.47 Cr.

Promoter Holding

55.33 %

EPS (TTM)

₹  -5.37

Sales Growth

49.53%

ROE

13.16 %

ROCE

14.63%

Profit Growth

561.56 %

* 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

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* 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 Year49.53%
3 Year8.74%
5 Year8.16%

Profit Growth

1 Year561.56%
3 Year36.04%
5 Year34.16%

ROE%

1 Year13.16%
3 Year3.24%
5 Year3.73%

ROCE %

1 Year14.63%
3 Year8.87%
5 Year8.48%

Debt/Equity

0.9704

Price to Cash Flow

6.83

Interest Cover Ratio

2.64231069780293

CFO/PAT (5 Yr. Avg.)

6.2377611623551

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2023 55.33 0
Dec 2022 55.33 0
Sep 2022 55.33 0
Jun 2022 55.33 0
Mar 2022 55.33 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has an efficient Cash Conversion Cycle of 57.4948203964528 days.
  • The company has a high promoter holding of 55.33%.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 3.58630808890295.

 Limitations

  • The company has shown a poor revenue growth of 8.73614570527435% for the Past 3 years.
  • Company has a poor ROE of 3.2414729240728% over the past 3 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
Net Sales 383.22 292.25 253.44 215.02 334.44
Total Expenditure 362.6 269.07 255.36 216.84 331.25
Operating Profit 20.62 23.18 -1.92 -1.82 3.18
Other Income 1.77 0.21 0.08 1.05 2.38
Interest 9.99 10.67 12.4 12.6 11.96
Depreciation 7.98 6.97 6.9 6.83 8.51
Exceptional Items 0 0 0 0 0
Profit Before Tax 4.42 5.76 -21.14 -20.21 -14.91
Tax 2.89 1.34 -5.63 -6 -5.39
Profit After Tax 1.53 4.41 -15.51 -14.21 -9.52
Adjusted EPS (Rs) 0.24 0.68 -2.39 -2.19 -1.47

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

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Net Sales 892.04 999.83 924.97 859.64 1285.43
Total Expenditure 805.28 897.15 849.94 793 1139.1
Operating Profit 86.76 102.68 75.03 66.63 146.33
Other Income 5.97 8.8 18.47 5.76 4.26
Interest 56.86 62.36 64.96 56.76 46.33
Depreciation 28.23 30.05 28.31 28.09 28.18
Exceptional Items 0 0 0 0 0
Profit Before Tax 7.64 19.07 0.23 -12.45 76.08
Tax 0.3 -0.27 0.04 -1.9 27.38
Net Profit 7.34 19.34 0.2 -10.55 48.7
Adjusted EPS (Rs.) 1.5 3.96 0.04 -2.16 7.51

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Equity and Liabilities
Share Capital 15.75 15.75 15.75 15.75 32.42
Total Reserves 277.13 293.34 290.97 280.88 411.19
Borrowings 255.49 214.79 183.46 157.55 224.52
Other N/C liabilities 42.52 37.54 36.87 32.53 44.83
Current liabilities 495.79 558.44 566.08 456.79 338.96
Total Liabilities 1086.69 1119.87 1093.13 943.49 1051.92
Assets
Net Block 597.9 588.88 568.62 541.99 532.56
Capital WIP 1.06 1.32 0 0 3.72
Intangible WIP 0 0 0 0 0
Investments 27.31 27.07 26.44 26.45 28.12
Loans & Advances 9.73 9.97 13.92 14.73 26.49
Other N/C Assets 0 0 0 0.85 1.34
Current Assets 450.69 492.64 484.14 359.47 459.68
Total Assets 1086.69 1119.87 1093.13 943.49 1051.92
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Profit from operations 7.64 19.07 0.23 -12.45 76.08
Adjustment 84.41 86.14 73.65 84.32 77.04
Changes in Assets & Liabilities -78.04 -44.12 51.12 92.99 -92.62
Tax Paid -2.33 -3.82 -1.71 1.21 -13.18
Operating Cash Flow 11.67 57.27 123.3 166.07 47.32
Investing Cash Flow -44.74 -22.5 15.71 -0.05 -22.99
Financing Cash Flow 24.32 -38.11 -118.1 -183.81 -22.37
Net Cash Flow -8.75 -3.34 20.91 -17.79 1.97

Corporate Actions

Investors Details

PARTICULARS Mar 2022% Jun 2022% Sep 2022% Dec 2022% Mar 2023%
Promoters 55.33 55.33 55.33 55.33 55.33
murugan enterprise... 49.53 49.53 49.53 49.53 49.53
sakthi murugan tra... 4.95 4.95 4.95 4.95 4.95
arumugam s v - - - 1.07 1.07
s v arumugam 1.07 1.07 1.07 - -
PARTICULARS Mar 2022% Jun 2022% Sep 2022% Dec 2022% Mar 2023%
Investors 44.67 44.67 44.67 44.67 44.67
gagandeep credit c... 6.27 6.27 6.27 6.27 6.27
gangadeep credit c... - - - - -
anuj anantrai sheth 4.35 4.35 4.35 4.35 4.35
prescient securiti... 3.63 3.63 3.63 3.63 3.63
shankar resources ... 3.17 3.17 3.17 3.17 -
purvaj advisors pr... 3.11 3.11 3.11 3.11 3.11
shamyak investment... 2.86 2.86 2.86 2.86 2.86
iifl securities li... - - 1.78 - -
nilesh kishor shah 1.59 1.59 1.59 1.59 1.59
jewels advisory se... - - - - 1.49
iifl wealth manag... - - - - -
hiten anantrai she... - - - - -
shankar resources ... - - - - -
kamlesh n shah - - - 1.03 -
kamlesh navinchand... 1.03 1.03 - - -
iepf - 0.02 0.02 0.03 0.03

Annual Reports

Ratings & Research Reports

Company Presentations

  • PresentationQ4FY22 18 Apr 2022

Company News

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 -9.28046169598809 which is low and comparatively undervalued .

  • 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 4.88094885499806 % 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 1.35615622401975 .

  • 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 13.1570731757399 % .(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 0.9704 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 6.50272644630148 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 49.5312323690116 % which is fair 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 11.3834730872836 %.

  • 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 0.6 and the yield is 1.2443 %.

Brief about Bannari Amman Spg

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