New Risk • Aug 11
New major risk - Revenue and earnings growth Earnings have declined by 22% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.4x net interest cover). Earnings have declined by 22% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Market cap is less than US$100m (₹2.26b market cap, or US$23.7m). Upcoming Dividend • Jul 27
Upcoming dividend of ₹0.25 per share Eligible shareholders must have bought the stock before 03 August 2026. Payment date: 08 September 2026. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of Indian dividend payers (1.4%). Higher than average of industry peers (0.6%). Annuncio • Jul 24
Bannari Amman Spinning Mills Ltd to Report Q1, 2027 Results on Aug 10, 2026 Bannari Amman Spinning Mills Ltd announced that they will report Q1, 2027 results on Aug 10, 2026 Reported Earnings • Jul 16
Full year 2026 earnings released: EPS: ₹1.93 (vs ₹0.32 loss in FY 2025) Full year 2026 results: EPS: ₹1.93 (up from ₹0.32 loss in FY 2025). Revenue: ₹8.70b (down 1.9% from FY 2025). Net income: ₹149.9m (up ₹170.6m from FY 2025). Profit margin: 1.7% (up from net loss in FY 2025). Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Annuncio • Jul 15
Bannari Amman Spinning Mills Ltd, Annual General Meeting, Aug 10, 2026 Bannari Amman Spinning Mills Ltd, Annual General Meeting, Aug 10, 2026, at 11:00 Indian Standard Time. New Risk • Jun 06
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 1.0% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.4x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₹1.95b market cap, or US$20.5m). Reported Earnings • May 31
Full year 2026 earnings released: EPS: ₹1.92 (vs ₹0.32 loss in FY 2025) Full year 2026 results: EPS: ₹1.92 (up from ₹0.32 loss in FY 2025). Revenue: ₹8.77b (down 1.2% from FY 2025). Net income: ₹149.9m (up ₹170.6m from FY 2025). Profit margin: 1.7% (up from net loss in FY 2025). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Annuncio • May 30
Bannari Amman Spinning Mills Ltd Recommends Dividend for the Year Ended 2025-2026 The board of directors of Bannari Amman Spinning Mills Ltd. at its meeting held on May 29, 2026, Recommended Dividend INR 0.25 per Share for the year ended 2025-2026. Annuncio • May 14
Bannari Amman Spinning Mills Ltd to Report Fiscal Year 2026 Results on May 29, 2026 Bannari Amman Spinning Mills Ltd announced that they will report fiscal year 2026 results at 12:08 PM, Indian Standard Time on May 29, 2026 Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹20.55, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 16x in the Luxury industry in India. Total loss to shareholders of 47% over the past three years. New Risk • Apr 01
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.5x net interest cover). Minor Risks Share price has been volatile over the past 3 months (8.1% average weekly change). Shareholders have been diluted in the past year (23% increase in shares outstanding). Market cap is less than US$100m (₹1.54b market cap, or US$16.5m). Reported Earnings • Feb 16
Third quarter 2026 earnings released: EPS: ₹0.45 (vs ₹0.29 in 3Q 2025) Third quarter 2026 results: EPS: ₹0.45 (up from ₹0.29 in 3Q 2025). Revenue: ₹2.07b (down 2.7% from 3Q 2025). Net income: ₹36.5m (up 91% from 3Q 2025). Profit margin: 1.8% (up from 0.9% in 3Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Annuncio • Jan 23
Bannari Amman Spinning Mills Ltd to Report Q3, 2026 Results on Feb 14, 2026 Bannari Amman Spinning Mills Ltd announced that they will report Q3, 2026 results at 12:08 PM, Indian Standard Time on Feb 14, 2026 Annuncio • Dec 20
Bannari Amman Spinning Mills Limited Appoints Sri R Shanmugavelayutham as Independent Director, Effective December 18, 2025 Bannari Amman Spinning Mills Limited appointed Sri R Shanmugavelayutham (DIN 01205640) as an Independent Director of the company by passing a Special Resolution. The appointment was approved by the members of the company through remote e-voting, with the results declared on December 18, 2025, being the last date of the remote e-voting. The scrutinizer's report was prepared by R Dhanasekaran, Company Secretary in Practice, and issued on December 18, 2025. The appointment was made in accordance with the Postal Ballot Notice dated November 14, 2025. The total number of shareholders on record date was 25,499. The resolution for the appointment of Independent Director was passed with requisite majority, with 3,97,22,696 votes in favour and 33,803 votes against out of 3,97,56,499 total votes cast. No invalid votes were reported. New Risk • Dec 18
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.6x net interest cover). Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Shareholders have been diluted in the past year (23% increase in shares outstanding). Market cap is less than US$100m (₹2.14b market cap, or US$23.7m). Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹28.84, the stock trades at a trailing P/E ratio of 15.4x. Average trailing P/E is 22x in the Luxury industry in India. Total loss to shareholders of 37% over the past three years. Reported Earnings • Nov 16
Second quarter 2026 earnings released: EPS: ₹0.64 (vs ₹0.30 in 2Q 2025) Second quarter 2026 results: EPS: ₹0.64 (up from ₹0.30 in 2Q 2025). Revenue: ₹2.29b (down 1.5% from 2Q 2025). Net income: ₹51.6m (up 162% from 2Q 2025). Profit margin: 2.3% (up from 0.8% in 2Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Annuncio • Nov 01
Bannari Amman Spinning Mills Ltd to Report Q2, 2026 Results on Nov 14, 2025 Bannari Amman Spinning Mills Ltd announced that they will report Q2, 2026 results at 12:08 PM, Indian Standard Time on Nov 14, 2025 Annuncio • Aug 23
Bannari Amman Spinning Mills Ltd announced that it has received INR 149.99976 million in funding from Murugan Enterprise Private Limited On August 22, 2025. Bannari Amman Spinning Mills Ltd. announced that it has closed the transaction. Reported Earnings • Aug 12
First quarter 2026 earnings released: EPS: ₹0.66 (vs ₹1.39 loss in 1Q 2025) First quarter 2026 results: EPS: ₹0.66 (up from ₹1.39 loss in 1Q 2025). Revenue: ₹2.17b (flat on 1Q 2025). Net income: ₹48.1m (up ₹138.1m from 1Q 2025). Profit margin: 2.2% (up from net loss in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Annuncio • Aug 05
Bannari Amman Spinning Mills Ltd to Report Q1, 2026 Results on Aug 11, 2025 Bannari Amman Spinning Mills Ltd announced that they will report Q1, 2026 results on Aug 11, 2025 Annuncio • Jul 02
Bannari Amman Spinning Mills Ltd announced that it expects to receive INR 149.99976 million in funding from Murugan Enterprise Private Limited Bannari Amman Spinning Mills Ltd announces a private placement with Murugan Enterprise Private Limited to issue o 4,166,660 warrants convertible into equity shares at a price of INR 36 for gross proceeds of INR 149,999,760 on June 30, 2025. Reported Earnings • Jun 29
Full year 2025 earnings released: ₹0.32 loss per share (vs ₹4.62 loss in FY 2024) Full year 2025 results: ₹0.32 loss per share (improved from ₹4.62 loss in FY 2024). Revenue: ₹8.87b (down 3.9% from FY 2024). Net loss: ₹20.6m (loss narrowed 93% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance. Annuncio • Jun 25
Bannari Amman Spinning Mills Ltd, Annual General Meeting, Jul 21, 2025 Bannari Amman Spinning Mills Ltd, Annual General Meeting, Jul 21, 2025, at 11:30 Indian Standard Time. New Risk • Jun 11
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 23% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.9x net interest cover). Earnings have declined by 19% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.9% average weekly change). Shareholders have been diluted in the past year (23% increase in shares outstanding). Market cap is less than US$100m (₹2.73b market cap, or US$31.9m). Reported Earnings • May 22
Full year 2024 earnings released: ₹0.32 loss per share (vs ₹1.75 loss in FY 2023) Full year 2024 results: ₹0.32 loss per share (improved from ₹1.75 loss in FY 2023). Revenue: ₹8.87b (down 3.9% from FY 2023). Net loss: ₹20.6m (loss narrowed 93% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance. Annuncio • May 14
Bannari Amman Spinning Mills Ltd to Report Fiscal Year 2025 Results on May 21, 2025 Bannari Amman Spinning Mills Ltd announced that they will report fiscal year 2025 results on May 21, 2025 New Risk • Mar 18
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.2x net interest cover). Earnings have declined by 22% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.1% average weekly change). Market cap is less than US$100m (₹1.95b market cap, or US$22.5m). Reported Earnings • Feb 15
Third quarter 2025 earnings released: EPS: ₹0.29 (vs ₹0.31 loss in 3Q 2024) Third quarter 2025 results: EPS: ₹0.29 (up from ₹0.31 loss in 3Q 2024). Revenue: ₹2.13b (down 21% from 3Q 2024). Net income: ₹19.2m (up ₹39.1m from 3Q 2024). Profit margin: 0.9% (up from net loss in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance. Annuncio • Jan 27
Bannari Amman Spinning Mills Ltd to Report Q3, 2025 Results on Feb 14, 2025 Bannari Amman Spinning Mills Ltd announced that they will report Q3, 2025 results on Feb 14, 2025 Buy Or Sell Opportunity • Jan 06
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 2.4% to ₹54.33. The fair value is estimated to be ₹70.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Dec 19
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 12% to ₹53.76. The fair value is estimated to be ₹68.73, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Dec 03
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 14% to ₹54.25. The fair value is estimated to be ₹68.06, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Nov 15
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 2.2% to ₹54.08. The fair value is estimated to be ₹68.43, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last 3 years. Meanwhile, the company became loss making. Annuncio • Oct 31
Bannari Amman Spinning Mills Ltd to Report Q2, 2025 Results on Nov 14, 2024 Bannari Amman Spinning Mills Ltd announced that they will report Q2, 2025 results on Nov 14, 2024 Board Change • Sep 20
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Kollengode Ramakrishnan was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Annuncio • Sep 04
Bannari Amman Spinning Mills Ltd announced that it expects to receive INR 65.499993 million in funding from Murugan Enterprise Private Limited and other investors Bannari Amman Spinning Mills Ltd announced a private placement of 4,225,806 convertible warrants at a price of INR 15.5 per warrant for gross proceeds of INR 65,499,993 on September 3, 2024. The warrants will be convertible into one common share of the company at INR 46.5 per share and will mature in 18 months from the date of the allotment. The securities will be issued on preferential basis. The transaction has been approved by the board of directors of the company. The transaction included participation from returning investor Murugan Enterprise Private Limited for 3,225,806 warrants; new investors Ruchi Gupta for 300,000 warrants; and Subhash Phootarmal Rathod for 700,000 warrants. Reported Earnings • Jul 31
Full year 2024 earnings released: ₹4.62 loss per share (vs ₹6.24 loss in FY 2023) Full year 2024 results: ₹4.62 loss per share (improved from ₹6.24 loss in FY 2023). Revenue: ₹9.24b (down 12% from FY 2023). Net loss: ₹299.9m (loss narrowed 26% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance. Annuncio • Jul 30
Bannari Amman Spinning Mills Ltd to Report Q1, 2025 Results on Aug 14, 2024 Bannari Amman Spinning Mills Ltd announced that they will report Q1, 2025 results on Aug 14, 2024 Annuncio • Jul 29
Bannari Amman Spinning Mills Ltd, Annual General Meeting, Aug 22, 2024 Bannari Amman Spinning Mills Ltd, Annual General Meeting, Aug 22, 2024, at 10:20 Indian Standard Time. Reported Earnings • May 30
Full year 2024 earnings released: ₹1.53 loss per share (vs ₹4.56 loss in FY 2023) Full year 2024 results: ₹1.53 loss per share. Revenue: ₹9.43b (down 33% from FY 2023). Net loss: ₹299.9m (loss widened 1.3% from FY 2023). Annuncio • May 22
Bannari Amman Spinning Mills Ltd to Report Fiscal Year 2024 Results on May 29, 2024 Bannari Amman Spinning Mills Ltd announced that they will report fiscal year 2024 results at 12:08 PM, Indian Standard Time on May 29, 2024 Buy Or Sell Opportunity • Apr 09
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 21% to ₹42.80. The fair value is estimated to be ₹54.00, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.5% over the last 3 years. Earnings per share has declined by 41%. New Risk • Apr 01
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.5x net interest cover). Earnings have declined by 17% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.6% average weekly change). Market cap is less than US$100m (₹2.88b market cap, or US$34.5m). Buy Or Sell Opportunity • Mar 12
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 13% to ₹41.70. The fair value is estimated to be ₹53.99, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.5% over the last 3 years. Earnings per share has declined by 41%. Reported Earnings • Feb 16
Third quarter 2024 earnings released: ₹0.31 loss per share (vs ₹2.07 loss in 3Q 2023) Third quarter 2024 results: ₹0.31 loss per share (improved from ₹2.07 loss in 3Q 2023). Revenue: ₹2.69b (down 6.9% from 3Q 2023). Net loss: ₹19.9m (loss narrowed 85% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 15
Second quarter 2024 earnings released: ₹0.36 loss per share (vs ₹1.82 loss in 2Q 2023) Second quarter 2024 results: ₹0.36 loss per share (improved from ₹1.82 loss in 2Q 2023). Revenue: ₹3.83b (up 11% from 2Q 2023). Net loss: ₹23.5m (loss narrowed 80% from 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Annuncio • Sep 26
Bannari Amman Spinning Mills Ltd Appoints Sri C Sivasamy as Independent Director (Non - Executive) Bannari Amman Spinning Mills Ltd. at its AGM held on September 25, 2023, the shareholders have approved the appointment of Sri C Sivasamy, to hold office as an Independent Director (Non - Executive), for a term of five consecutive years, i.e., from June 28, 2023 to June 27, 2028 at the Annual General Meeting of the Company. Date of appointment and Terms of appointment: From June 28, 2023 to June 27, 2028. Brief profile: Qualification: Diploma in Mechanical Engineering. Age: 66 years. Experience: He has more than 43 years of experience in the field of Automobiles, General administration. Annuncio • Aug 30
Bannari Amman Spinning Mills Ltd, Annual General Meeting, Sep 25, 2023 Bannari Amman Spinning Mills Ltd, Annual General Meeting, Sep 25, 2023, at 10:15 Indian Standard Time. Agenda: To receive, consider and adopt the Audited Financial Statements of the Company, both Standalone and Consolidated, for the financial year ended 31 March, 2023, together with the reports of the Board of Directors' and the Auditors thereon; to appoint a Director in the place of Sri S V Arumugam, who retires by rotation and being eligible, offers himself for re-appointment; and to consider other matters. New Risk • Aug 16
New major risk - Revenue and earnings growth Earnings have declined by 6.8% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.06x net interest cover). Earnings have declined by 6.8% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₹2.98b market cap, or US$35.8m). Reported Earnings • Aug 15
First quarter 2024 earnings released: ₹0.74 loss per share (vs ₹0.91 profit in 1Q 2023) First quarter 2024 results: ₹0.74 loss per share (down from ₹0.91 profit in 1Q 2023). Revenue: ₹2.70b (down 30% from 1Q 2023). Net loss: ₹47.9m (down 181% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Annuncio • Jul 24
Bannari Amman Spinning Mills Ltd to Report Q1, 2023 Results on Aug 14, 2023 Bannari Amman Spinning Mills Ltd announced that they will report Q1, 2023 results on Aug 14, 2023 Reported Earnings • May 31
Full year 2023 earnings released: ₹3.49 loss per share (vs ₹8.09 profit in FY 2022) Full year 2023 results: ₹3.49 loss per share (down from ₹8.09 profit in FY 2022). Revenue: ₹14.1b (down 9.9% from FY 2022). Net loss: ₹296.0m (down 156% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 15
Third quarter 2023 earnings released: ₹2.07 loss per share (vs ₹5.81 profit in 3Q 2022) Third quarter 2023 results: ₹2.07 loss per share (down from ₹5.81 profit in 3Q 2022). Revenue: ₹2.89b (down 36% from 3Q 2022). Net loss: ₹134.1m (down 168% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Annuncio • Feb 01
Bannari Amman Spinning Mills Ltd to Report Q3, 2023 Results on Feb 14, 2023 Bannari Amman Spinning Mills Ltd announced that they will report Q3, 2023 results on Feb 14, 2023 Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₹47.60, the stock trades at a trailing P/E ratio of 23x. Average trailing P/E is 15x in the Luxury industry in India. Total returns to shareholders of 34% over the past three years. Valuation Update With 7 Day Price Move • Dec 06
Investor sentiment improved over the past week After last week's 18% share price gain to ₹56.55, the stock trades at a trailing P/E ratio of 26.5x. Average trailing P/E is 16x in the Luxury industry in India. Total returns to shareholders of 53% over the past three years. Board Change • Nov 16
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 5 highly experienced directors. Director C.S.K. Prabu was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Oct 21
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 5 highly experienced directors. Director C.S.K. Prabu was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Sep 29
Investor sentiment deteriorated over the past week After last week's 20% share price decline to ₹49.30, the stock trades at a trailing P/E ratio of 7.9x. Average trailing P/E is 14x in the Luxury industry in India. Total returns to shareholders of 20% over the past three years. Upcoming Dividend • Sep 09
Upcoming dividend of ₹0.60 per share Eligible shareholders must have bought the stock before 16 September 2022. Payment date: 25 October 2022. Trailing yield: 0.9%. Lower than top quartile of Indian dividend payers (1.5%). Higher than average of industry peers (0.5%). Reported Earnings • Aug 12
First quarter 2023 earnings released: EPS: ₹0.91 (vs ₹4.54 in 1Q 2022) First quarter 2023 results: EPS: ₹0.91 (down from ₹4.54 in 1Q 2022). Revenue: ₹3.84b (up 52% from 1Q 2022). Net income: ₹58.8m (down 59% from 1Q 2022). Profit margin: 1.5% (down from 5.7% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Reported Earnings • Jun 02
Full year 2022 earnings released: EPS: ₹11.85 (vs ₹3.65 loss in FY 2021) Full year 2022 results: EPS: ₹11.85 (up from ₹3.65 loss in FY 2021). Revenue: ₹15.6b (up 53% from FY 2021). Net income: ₹524.4m (up ₹639.3m from FY 2021). Profit margin: 3.4% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 13
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹5.81 (up from ₹2.55 in 3Q 2021). Revenue: ₹4.49b (up 51% from 3Q 2021). Net income: ₹196.6m (up 141% from 3Q 2021). Profit margin: 4.4% (up from 2.7% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jan 24
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹82.60, the stock trades at a trailing P/E ratio of 10.9x. Average trailing P/E is 15x in the Luxury industry in India. Total returns to shareholders of 36% over the past three years. Valuation Update With 7 Day Price Move • Dec 27
Investor sentiment improved over the past week After last week's 16% share price gain to ₹76.70, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 15% over the past three years. Reported Earnings • Nov 13
Second quarter 2022 earnings released: EPS ₹5.97 (vs ₹2.33 loss in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹3.96b (up 42% from 2Q 2021). Net income: ₹188.1m (up ₹264.4m from 2Q 2021). Profit margin: 4.7% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Board Change • Oct 06
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 4 highly experienced directors. Non-Executive Independent Director Shanmugavelayutham Sihamani was the last director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Feb 13
Third quarter 2021 earnings released: EPS ₹5.10 (vs ₹1.02 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹2.98b (up 1.7% from 3Q 2020). Net income: ₹81.5m (up 271% from 3Q 2020). Profit margin: 2.7% (up from 0.8% in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Jan 12
New 90-day high: ₹162 The company is up 89% from its price of ₹85.80 on 14 October 2020. The Indian market is up 24% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 29% over the same period. Is New 90 Day High Low • Dec 24
New 90-day high: ₹128 The company is up 57% from its price of ₹81.60 on 24 September 2020. The Indian market is up 19% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 27% over the same period. Is New 90 Day High Low • Dec 08
New 90-day high: ₹105 The company is up 19% from its price of ₹88.20 on 09 September 2020. The Indian market is up 18% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Luxury industry, which is up 22% over the same period. Reported Earnings • Nov 12
Second quarter 2021 earnings released: ₹4.65 loss per share The company reported a poor second quarter result with weaker earnings and control over expenses, although revenues were flat. Second quarter 2021 results: Revenue: ₹2.80b (flat on 2Q 2020). Net loss: ₹76.3m (down 377% from profit in 2Q 2020).