Bannari Amman Spinning Mills Ltd.
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68.75 +1.85 ▲2.8%

20 May 2022, 04:01:00 PM
Volume: 2,215

Overview View Details

Sector Textile Compare with Sector peers
Industry Textile - Spinning Compare with Industry peers
Website http://www.bannarimills.com
Market Cap 444.49 Cr.
Enterprise Value(EV) 994.58 Cr. 2021-09
Financial Indicators
Earnings per share (EPS) 9.97 Trailing Twelve Months Ending 2021-12
Price-Earning Ratio (PE) 6.89 Trailing Twelve Months Ending 2021-12
Industry PE 12.12 Trailing Twelve Months Ending 2021-12
Book Value / Share 64.22 Trailing Twelve Months Ending 2021-12
Price to Book Value 1.07 Calculated using Price: 68.75
Dividend Yield 0.00 Period Ending 2021-03
No. of Shares Subscribed 6.48 Cr. 64,841,871 Shares
FaceValue 5
Company Profile

Bannari Amman Spinning Mills was incorporated as Shiva Textiles (CBT) Limited on July 10, 1989 under the Companies Act, 1956 and changed name to “Bannari Amman Spinning Mills Ltd.“ on October 11, 1991 and commenced its commercial operations in the year 1995

Since inception the company has evolved to be a leader in cotton yarn spinning in South India, Commanding a premium in the market for its products. As on March 31, 2007, it has two factories for yarn spinning housed in around 7.85 lakh square feet in Tamil Nadu with an installed capacity of more than 1,35,000 spindles. The spinning division is in Dindigul, Tamil Nadu. The weaving division located in Coimbatore, Tamil Nadu, has an installation of 135 Sulzer projectile wider width Looms, in a working space of 2.2 lakh sq feet. The Company now also has a technical textile division comprising of coating, flocking and lamination units.

The Weaving Division- It specializes in manufacturing wider-width cotton fabric up to 140 inches in the 500 TC to 1000 TC (thread count) range. It has Sulzer projectile wider -width looms with the capability to weave across a range of fibers and counts in an economic manner. It produces with 2, 4 and 8 pick insertions, with maximum warp density of 110 ends/cm (280ends/inch) with warp counts upto 100s Ne. It had dobby looms also in wider width. Currently 35 looms have been specially modified for ultra fine count weaving. It also has 93 Jumbo looms capable of producing jointless fabric rolls in excess of 3000 metres in length. These looms are used mainly for industrial fabrics.

Lamination Division-Bannari has installation of a Gravure roll based moisture cured Poly Urethane lamination system. This unit can bond different types of fabrics together for advanced applications. PUR technology is used which is the most advanced lamination technology in the world and also is the technology of choice in the Western World. The unit has a capacity to laminate more than 300,000 metres of fabric per month upto a width of 1.9 metres.

The Company has installed four windmills of 1250 kilovolt-ampere (KVA) each totalling five megawatt (MW) in Tirunelveli District, Tamilnadu and 14 windmills of 800 kilowatt (KW) capacity totaling 11.20 MW at Dharapuram Taluk, Erode District, Tamilnadu.

BASML exports cotton yarn to countries like Turkey, Egypt, Korea, Honkong, Singapore and Poland.

Product range:

  • Quick Dry - A bed protector for beds wherever babies and the elderly sleep. ie., waterproof, breathable, absorbent, soft, reusable, anti allergic, durable & more...
  • Allied Products
  • Reusable - Adult and baby diapers, Breathable & waterproofed, with biodegradable single use pads
  • Flock blankets Fluffiest, lightest, softest & warmest, blankets in the world, only manufacturer in SE Asia. Combed & Carded ring spun yarn from 6/s to 40/s count, hosiery yarn

Divisions

  • Spinning Division is capable of producing more than 60 tonnes/day of Combed & Carded ring spun yarn from 6/s to 40/s count. Mainly hosiery yarn for knitting market.
  • Weaving Division - One of the quality Fabric producing facility in India having the capability to produce all kinds of woven fabrics in 100% cotton, in various thread counts (TC) ranging from 500 TC to 1000 TC, in wider width upto 140 inches,with warp counts upto 90s Ne, with 250 threads in 1 inches and weft counts upto 120s Ne, with 2, 4 and 8 pick insertions.
  • Wind Mill Division

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+2.77%
1 Week
+2.00%
1 Month
-18.06%
3 Month
-12.36%
6 Month
+4.64%
1 Year
+51.50%
2 Year
+175.77%
5 Year
-29.27%
10 Year
+299.25%

Ratios View Details

9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 12.90 13.94 5.46 7.75 4.10 3.24 7.79 1.89 -3.38
Return on Capital Employed (%) 13.26 13.08 8.29 9.15 7.28 7.74 9.08 8.10 5.33
Return on Assets (%) 3.94 4.20 1.59 2.17 1.19 0.87 1.92 0.47 -0.88

Balance Sheet View Details

Particulars 10 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2021-09* Rs. Cr.
Shh. Funds 215 243 244 261 285 295 312 312 302 379
Non Curr. Liab. 302 272 282 261 236 315 267 243 229 268
Curr. Liab. 177 296 326 425 421 570 649 657 548 570
Minority Int. 29 31 35 36 39
Equity & Liab. 694 810 852 947 941 1,208 1,259 1,247 1,114 1,256
Non Curr. Assets 510 512 563 605 617 682 672 659 640 635
Curr. Assets 181 297 288 342 324 526 588 588 474 620
Misc. Exp. not W/O 3 2 1
Total Assets 694 810 852 947 941 1,208 1,259 1,247 1,114 1,256

Profit Loss View Details

Particulars 10 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2021-12 Rs. Cr. TTM
Net Sales 560 700 732 826 868 1,008 1,174 1,134 1,019 1,405
Other Income 1 1 2 1 2 6 9 19 5 5
Total Income 561 701 734 827 871 1,014 1,183 1,152 1,024 1,410
Total Expenditure -446 -582 -649 -730 -783 -911 -1,057 -1,038 -941 -1,223
PBIDT 115 119 85 97 88 102 126 115 83 187
Interest -38 -38 -38 -38 -44 -60 -67 -72 -62 -55
Depreciation -36 -35 -28 -30 -30 -31 -34 -33 -33 -32
Taxation -13 -14 -7 -10 -3 -2 -2 -4 2 -30
Exceptional Items 1
PAT 27 32 13 20 11 9 24 6 -10 70
Minority Interest -1 -3 -3 -1 -5
Share Associate 0 0
Other Related Items
Consolidated Net Profit 27 32 13 20 12 9 21 2 -11 65
Adjusted EPS 6 6 3 4 2 2 4 1 -2 14

Cash Flow View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 103 4 113 59 26 22 67 139 158
Cash Fr. Inv. -23 -29 -75 -60 -67 -49 -26 7 -12
Cash Fr. Finan. -71 24 -44 -3 53 19 -48 -123 -163
Net Change 9 -1 -6 -4 12 -8 -6 24 -17
Cash & Cash Eqvt 22 21 17 13 18 17 11 34 17

Shareholding Pattern View Details

9 Qtrs 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%)
Promoter 55.55 55.55 55.55 55.55 55.55 55.55 55.55 55.33 55.33
Public 44.45 44.45 44.45 44.45 44.45 44.45 44.45 44.67 44.67
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Fri, 13 May 2022
Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2
Format of the Annual Disclosure to be made by an entity identified as a Large Corporate.

Sr. No. Particulars Details
1 Name of Company BANNARI AMMAN SPINNING MILLS LTD.
2 CIN NO. L17111TZ1989PLC002476
3 Report filed for FY 2021-2022
Details of the Current block (all figures in Rs crore):
4 2 - year block period (Specify financial years)* FY 2020-21 21-22
5 Incremental borrowing done in FY (T)(a) 0.00
6 Mandatory borrowing to be done through debt securities in FY (T) (b) = (25% of a) 0.00
7 Actual borrowing done through debt securities in FY (T)(c) 0.00
8 Shortfall in the borrowing through debt securities if any for FY (T - 1) carried forward to FY (T) (d) 0
8Quantum of (d) which has been met from (c)(e)* 0
9 Shortfall if any in the mandatory borrowing through debt securities for FY (T) { after adjusting for any shortfall in borrowing for FY(T - 1) which was carried forward to FY(T)}(f) = (b) - [(c) - (e)]{ If the calculated value is zero or negative write nil}* 0


Details of penalty to be paid if any in respect to previous block (all figures in Rs crore):
2 - year Block period (Specify financial years)FY 2020-21 21-22
Amount of fine to be paid for the block if applicable Fine = 0.2% of {(d) - (e)}#0.00



Name of the Company Secretary :-N KRISHNARAJ
Designation :-COMPANY SECRETARY
Name of the Chief Financial Officer :- S SESHADRI
Designation : -CHIEF FINANCIAL OFFICER

Date: 13/05/2022
Wed, 04 May 2022
Board to consider Dividend
Bannari Amman Spinning Mills Ltd has informed BSE that a meeting of the Board of Directors of Company will be held on May 30 2022 inter alia to consider and approve the Audited Financial Results for the year ended 31.03.2022.

The recommendation of Dividend if any for the financial year 2021-2022 will be considered at the Board Meeting scheduled to be held on May 30 2022.

Further the trading window of our Company remains closed from 1.04.2022 to 1.06.2022 (both days inclusive).
Tue, 03 May 2022
Board Meeting Intimation for Audited Financial Results For The Year Ended 31.3.2022 - Reg.
BANNARI AMMAN SPINNING MILLS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/05/2022 inter alia to consider and approve the Audited Financial Results for the year ended 31.3.2022..Please take on record the recommendation of Dividend if any for the financial year 2021-2022 will be considered at the Board Meeting scheduled to be held on 30th May 2022.

Technical Scans View Details

Fri, 20 May 2022
High Delivery Percentage High Delivery Percentage
Opening at High Opening at High
High Decrease 1 Month High Decrease 1 Month
High Decrease 3 Months High Decrease 3 Months
High Increase 1 Year High Increase 1 Year

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