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NSE:BASML

BANNARI AM SPIN MILL LTD.

Textiles › Textiles & Apparels
₹19.70
at close · 28 Oct 2026
▲ 0.19 (+0.97%)

Latest filings

Next results: Wed, 11 Nov · Financial Results
  1. Trading window closed ahead of September quarter results · Compliance
  2. Board to review September 2026 quarter results on November 11 · Results
  3. Compliance certificate for share dematerialization filed for Sep 2026 quarter · Compliance
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Operates a spinning mill that produces yarn, sitting in the textiles value chain under the 'Other Textile Products' classification. FY26 revenue was Rs 887.36 crore against total assets of Rs 984.16 crore. The business exited its garment operations during FY26, with the garment unit reclassified as a discontinued operation that produced a loss of Rs 124.54 lakhs after tax. Yarn spinning is a raw-material-heavy activity: materials account for 73.8% of revenue, employees 9.1%, other operating expenses 12.9%, depreciation 2.9% and capex 8.0%. FY26 marked a return to profitability, with standalone profit before tax of Rs 2,366.77 lakhs against a loss of Rs 270.55 lakhs in FY25, and profit after tax of Rs 1,565.20 lakhs. The Board re-appointed Mr S V Arumugam as Managing Director for three years and recommended a dividend of Rs 0.25 per equity share (5% on face value of Rs 5).

Operating scale
Net profit (FY26)
Rs 7.19 crore
EBITDA margin (FY26)
7.55%
Garment unit status
Divested; classified as discontinued operations in FY26
Rights issue completed May 2025
1,50,79,504 equity shares at Rs 27 per share, raising Rs 4,071.47 lakhs
Share warrants forfeited May 2026
42,25,806 warrants (Tranche I) cancelled for non-payment of balance subscription
Promoter holding after rights issue
48.49% (reduced from 54.29%)
Who pays it
Not specified in the filings; sells yarn to downstream textile manufacturers
Biggest cost
Raw materials at 73.8% of revenue (FY26)
Kind of business
Materials-intensive, cyclical yarn spinning in the textiles sector
Where it sits
NSE (BASML) and BSE-listed company classified under 'Other Textile Products' in the textiles and apparels industry
Market Cap
₹157 Cr
P / E (TTM)
4.4×
EV / EBITDA
3.5×
Div Yield
—
Growth
-2.7%▼
Revenue 5y CAGR
PAT — · EBITDA -4.1%
Quality
6.9%·
ROCE (5y median)
ROE 1.5% (5y median) · margin 7.6%
Leverage
0.84·
Debt / Equity · moderate
Net debt ₹394 Cr
Revenue FY21→FY26
0.9×▼
Margin +1.8 pts
₹1,019 Cr → ₹887 Cr
Cash conversion
10.63×▲
Operating cash ÷ profit · 5 yrs
₹359 Cr on ₹34 Cr
Moves on a normal day
1.43%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 229 Other Textile Products peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#16/179
P/B#10/185
ROCE#176/215
ROE#126/188
Debt / Equity#138/188
EBITDA margin#102/198
Revenue growth#116/192
Profit growth#29/203

Scorecard

Measured from the filed financials, judged against its Other Textile Products peers · as of FY26 — not investment advice

Strengths
Over 5 years it reported ₹34 Cr of profit and ₹359 Cr of operating cash — 10.63×
Profit is converting into cash
Concerns
Revenue shrinking over 5 years (−3% a year)
Returns on capital 6.9% (5-year median)
#176 of 215 in Other Textile Products on the latest reported figures
Heavy working capital — 123 days of cash tied up

Charts

How has the market priced it — with filings on the timeline?

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Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from BANNARI AM SPIN MILL LTD.'s filed financials and exchange disclosures

What does BANNARI AM SPIN MILL LTD. do?

BANNARI AM SPIN MILL LTD. is a Textiles & Apparels company listed on NSE and BSE, trading under the symbol BASML.

Is BANNARI AM SPIN MILL LTD. profitable?

Yes. Over the trailing twelve months BANNARI AM SPIN MILL LTD. reported a net profit of ₹35 Cr on revenue of ₹1,519 Cr.

Does BANNARI AM SPIN MILL LTD. pay a dividend?

Not in the latest reported year — BANNARI AM SPIN MILL LTD.'s dividend payout for FY26 was nil.

Is BANNARI AM SPIN MILL LTD. debt-free?

No. It reported borrowings of ₹396 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹394 Cr after cash. Debt stands at 0.84× equity. That is higher than 73% of its 188 Other Textile Products peers.

Is BANNARI AM SPIN MILL LTD. expensive compared with its peers?

On trailing P/E, BANNARI AM SPIN MILL LTD. ranks 16 of 179 in Other Textile Products — cheaper than 92% of them, against an industry median of 16.8×. This is a position, not a valuation judgement.

How much does the BANNARI AM SPIN MILL LTD. share price move in a day?

On a typical session BANNARI AM SPIN MILL LTD. moves 1.43% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

When are BANNARI AM SPIN MILL LTD.'s next results?

Financial Results on Wed, 11 Nov. MarketPing alerts you on WhatsApp the moment the filing lands.

Where can I track BANNARI AM SPIN MILL LTD.'s announcements?

Every NSE and BSE filing by BANNARI AM SPIN MILL LTD. appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.