Bannari Amman Spinning Mills Ltd.
Snapshot View

88.65 +4.20 ▲5.0%

23 July 2021, 04:00:00 P.M.
Volume: 25,772

Overview View Details

Sector Textile Compare with Sector peers
Industry Textile - Spinning Compare with Industry peers
Website http://www.bannarimills.com
Financial Indicators
Market Cap 279.32 Cr.
Earnings per share (EPS) -3.49 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2021-03
Industry PE 27.91 Trailing Twelve Months Ending 2021-03
Book Value / Share 95.83 Trailing Twelve Months Ending 2021-03
Price to Book Value 0.93 Calculated using Price: 88.65
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 3.15 Cr. 31,508,538 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
+4.97%
1 Week
+3.68%
1 Month
+16.11%
3 Month
+44.62%
6 Month
+23.99%
1 Year
+103.79%
2 Year
+28.29%
5 Year
-33.00%
8 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 12.90 13.94 5.46 7.75 4.10 3.24 7.79 1.89
Return on Capital Employed (%) 13.26 13.08 8.29 9.15 7.28 7.74 9.08 8.10
Return on Assets (%) 3.94 4.20 1.59 2.17 1.19 0.87 1.92 0.47

Balance Sheet View Details

Particulars 8 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.
Shh. Funds 215 243 244 261 285 295 312 312
Non Curr. Liab. 302 272 282 261 236 315 267 243
Curr. Liab. 177 296 326 425 421 570 649 657
Minority Int. 29 31 35
Equity & Liab. 694 810 852 947 941 1,208 1,259 1,247
Non Curr. Assets 510 512 563 605 617 682 672 659
Curr. Assets 181 297 288 342 324 526 588 588
Misc. Exp. not W/O 3 2 1
Total Assets 694 810 852 947 941 1,208 1,259 1,247

Profit Loss View Details

Particulars 8 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.
Net Sales 560 700 732 826 868 1,008 1,174 1,134
Other Income 1 1 2 1 2 6 9 19
Total Income 561 701 734 827 871 1,014 1,183 1,152
Total Expenditure -446 -582 -649 -730 -783 -911 -1,057 -1,038
PBIDT 115 119 85 97 88 102 126 115
Interest -38 -38 -38 -38 -44 -60 -67 -72
Depreciation -36 -35 -28 -30 -30 -31 -34 -33
Taxation -13 -14 -7 -10 -3 -2 -2 -4
Exceptional Items 1
PAT 27 32 13 20 11 9 24 6

Cash Flow View Details

Particulars 8 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.
Cash Fr. Operatn. 103 4 113 59 26 22 67 139
Cash Fr. Inv. -23 -29 -75 -60 -67 -49 -26 7
Cash Fr. Finan. -71 24 -44 -3 53 19 -48 -123
Net Change 9 -1 -6 -4 12 -8 -6 24
Cash & Cash Eqvt 22 21 17 13 18 17 11 34

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 55.55 55.55 55.55 55.55 55.55 55.55 55.55 55.55 55.55
Public 44.45 44.45 44.45 44.45 44.45 44.45 44.45 44.45 44.45
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

Mon, 12 Jul 2021
Shareholding for the Period Ended June 30 2021
Bannari Amman Spinning Mills Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here
Tue, 06 Jul 2021
Disclosure Under Regulation 30 Of SEBI (LODR) Regulations 2015 - Reg.
We wish to inform you that we have resumed the functions at the Registered Office of the Company with effect from Monday 5.7.2021 adhering to Standard Operating Procedures with full capacity prescribed by the Government of Tamilnadu vide G.O. No 435 dt: 3.7.2021 to ensure safety and health of all stakeholders including employees from COVID-19 pandemic.
Kindly take on record the above information.
Thu, 01 Jul 2021
Announcement under Regulation 30 (LODR)-Press Release / Media Release
We are enclosing copy of Notice about transfer of equity shares in respect of which dividend have not been claimed/paid during last 7 years to Demat account of IEPF Authority advertised in the following Newspapers:
1. Business Standard dt: 1.7.2021 in English
2. Makkal Kural dt: 1.7.2021 in Tamil

Kindly take on record the above information.

Technical Scans View Details

Fri, 23 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month
Stock Outperforming Sectoral Index in both 1 Week and 3 Month Stock Outperforming Sectoral Index in both 1 Week and 3 Month
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index
Both SRS And ARS Above Zero Both SRS And ARS Above Zero

Related Stocks View Details

Stock Name Market Cap(Rs. Cr.) LTP Chg %
Page Industries Ltd. 37,169.67 33,420.15 +0.9%
Welspun India Ltd. 12,775.08 127.15 -0.6%
Alok Industries Ltd. 12,661.36 25.50 -2.7%
K.P.R. Mill Ltd. 12,481.45 1,813.90 -1.8%
Lux Industries Ltd. 12,190.91 4,053.95 +4.4%
Vardhman Textiles Ltd. 10,336.07 1,792.55 +1.9%
Trident Ltd. 8,968.88 17.60 -0.8%
Stock Name Statement TTM Ending Price Earning Ratio(TTM) LTP Chg %
Page Industries Ltd. Standalone 2021-03 109.14 33,420.15 +0.9%
Welspun India Ltd. Consolidated 2021-03 23.67 127.15 -0.6%
Alok Industries Ltd. Consolidated 2021-06 3.04 25.50 -2.7%
K.P.R. Mill Ltd. Consolidated 2021-03 24.22 1,813.90 -1.8%
Lux Industries Ltd. Consolidated 2021-03 44.92 4,053.95 +4.4%
Vardhman Textiles Ltd. Consolidated 2021-03 25.22 1,792.55 +1.9%
Trident Ltd. Consolidated 2021-03 29.47 17.60 -0.8%
Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
Page Industries Ltd. Standalone 2021-03 42.01 33,420.15 +0.9%
Welspun India Ltd. Consolidated 2021-03 3.51 127.15 -0.6%
Alok Industries Ltd. Consolidated 2021-06 -0.71 25.50 -2.7%
K.P.R. Mill Ltd. Consolidated 2021-03 5.31 1,813.90 -1.8%
Lux Industries Ltd. Consolidated 2021-03 12.13 4,053.95 +4.4%
Vardhman Textiles Ltd. Consolidated 2021-03 1.60 1,792.55 +1.9%
Trident Ltd. Consolidated 2021-03 2.69 17.60 -0.8%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
Page Industries Ltd. Standalone 2021-03 0.00 33,420.15 +0.9%
Welspun India Ltd. Consolidated 2020-03 1.16 127.15 -0.6%
Alok Industries Ltd. Consolidated 2020-03 -2.39 25.50 -2.7%
K.P.R. Mill Ltd. Consolidated 2020-03 0.42 1,813.90 -1.8%
Lux Industries Ltd. Consolidated 2020-03 0.29 4,053.95 +4.4%
Vardhman Textiles Ltd. Consolidated 2020-03 0.37 1,792.55 +1.9%
Trident Ltd. Consolidated 2020-03 0.65 17.60 -0.8%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
Page Industries Ltd. Standalone 2021-03 39.96 33,420.15 +0.9%
Welspun India Ltd. Consolidated 2020-03 18.23 127.15 -0.6%
Alok Industries Ltd. Consolidated 2020-03 0.00 25.50 -2.7%
K.P.R. Mill Ltd. Consolidated 2020-03 20.61 1,813.90 -1.8%
Lux Industries Ltd. Consolidated 2020-03 27.03 4,053.95 +4.4%
Vardhman Textiles Ltd. Consolidated 2020-03 9.97 1,792.55 +1.9%
Trident Ltd. Consolidated 2020-03 11.45 17.60 -0.8%
Stock Name Statement Year Ending Return On Capital Employed(%) LTP Chg %
Page Industries Ltd. Standalone 2021-03 55.51 33,420.15 +0.9%
Welspun India Ltd. Consolidated 2020-03 13.95 127.15 -0.6%
Alok Industries Ltd. Consolidated 2020-03 10.23 25.50 -2.7%
K.P.R. Mill Ltd. Consolidated 2020-03 19.67 1,813.90 -1.8%
Lux Industries Ltd. Consolidated 2020-03 28.73 4,053.95 +4.4%
Vardhman Textiles Ltd. Consolidated 2020-03 9.65 1,792.55 +1.9%
Trident Ltd. Consolidated 2020-03 10.32 17.60 -0.8%
Stock Name Statement Year Ending Net Sales(Rs. Cr.) LTP Chg %
Page Industries Ltd. Standalone 2021-03 2,832.96 33,420.15 +0.9%
Welspun India Ltd. Consolidated 2020-03 6,741.09 127.15 -0.6%
Alok Industries Ltd. Consolidated 2020-03 3,328.79 25.50 -2.7%
K.P.R. Mill Ltd. Consolidated 2020-03 3,352.63 1,813.90 -1.8%
Lux Industries Ltd. Consolidated 2020-03 1,206.13 4,053.95 +4.4%
Vardhman Textiles Ltd. Consolidated 2020-03 6,735.00 1,792.55 +1.9%
Trident Ltd. Consolidated 2020-03 4,727.67 17.60 -0.8%
Stock Name Statement Year Ending Profit After Tax(Rs. Cr.) LTP Chg %
Page Industries Ltd. Standalone 2021-03 340.58 33,420.15 +0.9%
Welspun India Ltd. Consolidated 2020-03 524.36 127.15 -0.6%
Alok Industries Ltd. Consolidated 2020-03 1,311.22 25.50 -2.7%
K.P.R. Mill Ltd. Consolidated 2020-03 376.68 1,813.90 -1.8%
Lux Industries Ltd. Consolidated 2020-03 122.48 4,053.95 +4.4%
Vardhman Textiles Ltd. Consolidated 2020-03 578.83 1,792.55 +1.9%
Trident Ltd. Consolidated 2020-03 343.28 17.60 -0.8%