Bannari Amman Spinning Mills Ltd engages in textile business in India.
+ 2 more risks
Second-rate dividend payer and overvalued.
Share Price & News
How has Bannari Amman Spinning Mills's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 532674's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 532674 underperformed the Indian Luxury industry which returned 12.8% over the past year.
Return vs Market: 532674 underperformed the Indian Market which returned 5.2% over the past year.
Price Volatility Vs. Market
How volatile is Bannari Amman Spinning Mills's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Bannari Amman Spinning Mills undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 532674 (₹108.65) is trading above our estimate of fair value (₹15.58)
Significantly Below Fair Value: 532674 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 532674 is poor value based on its PE Ratio (14.9x) compared to the Luxury industry average (10.6x).
PE vs Market: 532674 is poor value based on its PE Ratio (14.9x) compared to the Indian market (13x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 532674's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 532674 is good value based on its PB Ratio (0.4x) compared to the IN Luxury industry average (0.5x).
How is Bannari Amman Spinning Mills forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Consumer Durables industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Bannari Amman Spinning Mills has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Take a look at our analysis of 532674’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Bannari Amman Spinning Mills competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Consumer Durables industry.
How has Bannari Amman Spinning Mills performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 532674 has high quality earnings.
Growing Profit Margin: 532674's current net profit margins (0.9%) are lower than last year (1.6%).
Past Earnings Growth Analysis
Earnings Trend: 532674's earnings have declined by -0.04% per year over the past 5 years.
Accelerating Growth: 532674's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 532674 had negative earnings growth (-40.2%) over the past year, making it difficult to compare to the Luxury industry average (6.4%).
Return on Equity
High ROE: 532674's Return on Equity (3.7%) is considered low.
Return on Assets
Return on Capital Employed
How is Bannari Amman Spinning Mills's financial position?
Financial Position Analysis
Short Term Liabilities: 532674's short term assets (₹6.1B) do not cover its short term liabilities (₹6.9B).
Long Term Liabilities: 532674's short term assets (₹6.1B) exceed its long term liabilities (₹2.4B).
Debt to Equity History and Analysis
Debt Level: 532674's debt to equity ratio (203.1%) is considered high.
Reducing Debt: 532674's debt to equity ratio has increased from 164% to 203.1% over the past 5 years.
Debt Coverage: 532674's debt is not well covered by operating cash flow (3.6%).
Interest Coverage: 532674's interest payments on its debt are not well covered by EBIT (1.1x coverage).
Inventory Level: 532674 has a high level of physical assets or inventory.
Debt Coverage by Assets: 532674's debt is not covered by short term assets (assets are 0.9x debt).
What is Bannari Amman Spinning Mills's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: 532674's dividend (1.47%) is higher than the bottom 25% of dividend payers in the Indian market (0.61%).
High Dividend: 532674's dividend (1.47%) is low compared to the top 25% of dividend payers in the Indian market (2.67%).
Stability and Growth of Payments
Stable Dividend: 532674's dividend payments have been volatile in the past 10 years.
Growing Dividend: 532674's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (21.9%), 532674's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
A. Senthil (43yo)
Mr. A. Senthil, B.Com, M.B.A. has been the Chief Executive Officer of Bannari Amman Spinning Mills Limited since May 2011. Mr. Senthil serves as a Director of Anamallais Agencies Private Limited; Murugan E ...
|Chairman & MD||0yrs||no data||1.07% ₹18.3m|
|Chief Executive Officer||8.8yrs||no data||no data|
|Chief Financial Officer||1.7yrs||no data||no data|
|Vice President of Operations||1.3yrs||no data||no data|
|Compliance Officer & Company Secretary||12.5yrs||no data||no data|
|Head of Administration||0yrs||no data||no data|
|Head of Marketing||0yrs||no data||no data|
|Business Head||0yrs||no data||no data|
Experienced Management: 532674's management team is seasoned and experienced (5.2 years average tenure).
|Chairman & MD||0yrs||no data||1.07% ₹18.3m|
|Non-Executive Independent Director||14.6yrs||₹80.00k||no data|
|Non-Executive Independent Director||11.8yrs||₹45.00k||no data|
|Non-Executive Independent Director||13.5yrs||₹35.00k||no data|
|Non-Executive Independent Director||11.8yrs||₹40.00k||0.0011% ₹18.7k|
|Non-Executive Independent Director||5.4yrs||₹25.00k||no data|
Experienced Board: 532674's board of directors are seasoned and experienced ( 11.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Bannari Amman Spinning Mills Ltd's company bio, employee growth, exchange listings and data sources
- Name: Bannari Amman Spinning Mills Ltd
- Ticker: 532674
- Exchange: BSE
- Founded: 1989
- Industry: Textiles
- Sector: Consumer Durables
- Market Cap: ₹1.712b
- Shares outstanding: 15.75m
- Website: https://www.bannarimills.com
Number of Employees
- Bannari Amman Spinning Mills Ltd
- 252, Mettupalayam Road
- Tamil Nadu
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|532674||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Nov 2005|
|BASML||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Nov 2005|
Bannari Amman Spinning Mills Ltd engages in textile business in India. It manufactures and markets cotton yarns; woven and knitted fabrics; home textiles; and knitted garments, as well as processes fabrics. The company is also involved in the retail of innerwear and active wear for women, men, and kids under the Bitz brand name. In addition, it is involved in the wind power generation activities. The company exports its products to China, Bangladesh, Korea, the Philippines, Sri Lanka, Tunisia, and European markets. The company was incorporated in 1989 and is based in Coimbatore, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/27 12:44|
|End of Day Share Price||2020/02/25 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.