Bannari Amman Spinning Mills
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Bannari Amman Spinning Mills Limited engages in textile business in India. The last earnings update was 204 days ago. More info.
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BASML Share Price and Events
7 Day Returns
1 Year Returns
BASML Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Bannari Amman Spinning Mills (BASML) | 1.1% | 4.6% | -5% | -23.8% | 1.1% | 79.4% |
| IN Luxury | 3.1% | 7.7% | 6.7% | -0.6% | 55.9% | 183.8% |
| IN Market | 2.6% | 7.7% | 2.5% | 0.8% | 45.6% | 83.2% |
1 Year Return vs Industry and Market
- BASML underperformed the Luxury industry which returned -0.6% over the past year.
- BASML underperformed the Market in India which returned 0.8% over the past year.
BASML Value
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
- It is not possible to calculate the future cash flow value for Bannari Amman Spinning Mills. This is due to cash flow or dividend data being unavailable. The share price is ₹192.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Bannari Amman Spinning Mills's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Bannari Amman Spinning Mills's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-03-31) in INR | ₹5.57 |
| BSE:532674 Share Price ** | BSE (2019-03-18) in INR | ₹189.4 |
| India Luxury Industry PE Ratio | Median Figure of 239 Publicly-Listed Luxury Companies | 12.73x |
| India Market PE Ratio | Median Figure of 2,728 Publicly-Listed Companies | 16.62x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Bannari Amman Spinning Mills.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = BSE:532674 Share Price ÷ EPS (both in INR) = 189.4 ÷ 5.57 |
34.02x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Bannari Amman Spinning Mills is overvalued based on earnings compared to the IN Luxury industry average.
- Bannari Amman Spinning Mills is overvalued based on earnings compared to the India market.
Price based on expected Growth
Does
Bannari Amman Spinning Mills's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 34.02x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts |
19.4%per year |
| India Luxury Industry PEG Ratio | Median Figure of 26 Publicly-Listed Luxury Companies | 1.47x |
| India Market PEG Ratio | Median Figure of 598 Publicly-Listed Companies | 1.27x |
*Line of best fit is calculated by linear regression .
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to calculate PEG ratio for Bannari Amman Spinning Mills, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on
Bannari Amman Spinning Mills's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-03-31) in INR | ₹187.19 |
| BSE:532674 Share Price * | BSE (2019-03-18) in INR | ₹189.4 |
| India Luxury Industry PB Ratio | Median Figure of 310 Publicly-Listed Luxury Companies | 0.77x |
| India Market PB Ratio | Median Figure of 3,613 Publicly-Listed Companies | 1.12x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = BSE:532674 Share Price ÷ Book Value per Share (both in INR) = 189.4 ÷ 187.19 |
1.01x |
* Primary Listing of Bannari Amman Spinning Mills.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Bannari Amman Spinning Mills is overvalued based on assets compared to the IN Luxury industry average.
Value checks
We assess Bannari Amman Spinning Mills's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Luxury industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Luxury industry average (and greater than 0)? (1 check) Bannari Amman Spinning Mills has a total score of 0/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
BASML Future Performance
- No analysts cover Bannari Amman Spinning Mills, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- Bannari Amman Spinning Mills's earnings growth is expected to exceed the low risk savings rate of 7.6%.
Growth vs Market Checks
- Bannari Amman Spinning Mills's earnings growth is expected to exceed the India market average.
- Unable to compare Bannari Amman Spinning Mills's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| NSEI:BASML Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts | 19.4% |
| India Luxury Industry Earnings Growth Rate | Market Cap Weighted Average | 18.3% |
| India Luxury Industry Revenue Growth Rate | Market Cap Weighted Average | 15% |
| India Market Earnings Growth Rate | Market Cap Weighted Average | 18.5% |
| India Market Revenue Growth Rate | Market Cap Weighted Average | 11.9% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (11 months ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
| Date (Data in INR Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|
| Date (Data in INR Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-03-31 | 10,079 | 259 | 88 |
| 2017-03-31 | 8,685 | 257 | 115 |
| 2016-03-31 | 8,257 | 586 | 195 |
| 2015-12-31 | 7,526 | 192 | |
| 2015-09-30 | 7,272 | 182 | |
| 2015-06-30 | 6,858 | 128 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (11 months ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
All data from Bannari Amman Spinning Mills Company Filings, last reported 11 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in INR Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|
| Date (Data in INR Millions) | EPS * |
|---|---|
| 2018-03-31 | 5.57 |
| 2017-03-31 | 7.30 |
| 2016-03-31 | 12.40 |
| 2015-12-31 | 12.21 |
| 2015-09-30 | 11.53 |
| 2015-06-30 | 8.13 |
*GAAP earnings excluding extraordinary items.
Performance in 3 years
In the same way as past performance we look at the future estimated return
(profit) compared to the available
funds. We do this looking forward 3 years.
- Unable to establish if Bannari Amman Spinning Mills will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Future performance checks
We assess Bannari Amman Spinning Mills's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Bannari Amman Spinning Mills has a total score of 2/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
BASML Past Performance
How has Bannari Amman Spinning Mills performed over the past 5 years?
- Bannari Amman Spinning Mills's last earnings update was 204 days ago.
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- Bannari Amman Spinning Mills's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
- Bannari Amman Spinning Mills's 1-year earnings growth is negative, it can't be compared to the 5-year average.
- Bannari Amman Spinning Mills's 1-year earnings growth is negative, it can't be compared to the IN Luxury industry average.
Earnings and Revenue History
All data from Bannari Amman Spinning Mills Company Filings, last reported 11 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in INR Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-03-31 | 10,078.58 | 87.72 | 1,146.85 | |
| 2017-03-31 | 8,684.53 | 115.00 | 604.38 | |
| 2016-03-31 | 8,257.41 | 195.38 | 598.47 | |
| 2015-12-31 | 7,525.86 | 192.35 | 669.53 | |
| 2015-09-30 | 7,271.55 | 181.60 | 640.02 | |
| 2015-06-30 | 6,858.10 | 128.12 | 611.71 | |
| 2015-03-31 | 7,320.88 | 132.29 | 473.32 | |
| 2014-12-31 | 6,915.52 | 133.72 | 567.89 | |
| 2014-09-30 | 7,001.00 | 174.79 | 563.66 | |
| 2014-06-30 | 7,237.09 | 271.94 | 557.79 | |
| 2014-03-31 | 6,996.51 | 315.68 | 542.30 | |
| 2013-12-31 | 6,512.22 | 338.84 | 499.24 | |
| 2013-09-30 | 6,228.49 | 337.98 | 481.99 | |
| 2013-06-30 | 5,711.69 | 292.09 | 267.15 | |
| 2013-03-31 | 5,597.15 | 273.18 | 461.30 | |
| 2012-12-31 | 5,163.65 | 247.28 | 401.09 | |
| 2012-09-30 | 4,698.57 | 141.33 | 433.25 | |
| 2012-06-30 | 4,542.09 | -111.20 | 211.12 | |
| 2012-03-31 | 4,597.25 | -163.76 | 403.83 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- Bannari Amman Spinning Mills has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- Bannari Amman Spinning Mills used its assets less efficiently than the IN Luxury industry average last year based on Return on Assets.
- Bannari Amman Spinning Mills's use of capital has not improved over the past 3 years (Return on Capital Employed).
Past performance checks
We assess Bannari Amman Spinning Mills's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Luxury industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Bannari Amman Spinning Mills has a total score of 0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
BASML Health
How is Bannari Amman Spinning Mills's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up Bannari Amman Spinning Mills's finances.
The net worth of a company is the difference between its assets and liabilities.
- Bannari Amman Spinning Mills's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
- Bannari Amman Spinning Mills's cash and other short term assets cover its long term commitments.
Balance sheet
Assets
Liabilities and shares
- High level of physical assets or inventory.
- Debt is not covered by short term assets, assets are 0.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from Bannari Amman Spinning Mills Company Filings, last reported 11 months ago.
| Date (Data in INR Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-03-31 | 3,236.63 | 7,021.47 | 168.20 |
| 2017-03-31 | 2,845.69 | 5,553.86 | 218.77 |
| 2016-03-31 | 2,598.38 | 4,986.94 | 131.61 |
| 2015-12-31 | 2,673.18 | 4,348.57 | 79.32 |
| 2015-09-30 | 2,673.18 | 4,348.57 | 79.32 |
| 2015-06-30 | 2,533.97 | 4,432.03 | 135.75 |
| 2015-03-31 | 2,433.58 | 4,622.27 | 174.27 |
| 2014-12-31 | 2,514.48 | 4,126.92 | 70.94 |
| 2014-09-30 | 2,514.48 | 4,126.92 | 70.94 |
| 2014-06-30 | 2,428.61 | 4,477.90 | 208.10 |
| 2014-03-31 | 2,428.61 | 4,477.90 | 208.10 |
| 2013-12-31 | 2,376.54 | 3,462.22 | 79.95 |
| 2013-09-30 | 2,376.54 | 3,462.22 | 79.95 |
| 2013-06-30 | 2,149.79 | 3,879.73 | 218.99 |
| 2013-03-31 | 2,149.79 | 3,824.70 | 218.99 |
| 2012-12-31 | |||
| 2012-09-30 | |||
| 2012-06-30 | 1,913.47 | 3,533.60 | 124.70 |
| 2012-03-31 | 1,913.47 | 4,160.74 | 124.70 |
- Bannari Amman Spinning Mills's level of debt (216.9%) compared to net worth is high (greater than 40%).
- The level of debt compared to net worth has increased over the past 5 years (177.9% vs 216.9% today).
- Debt is not well covered by operating cash flow (3.7%, less than 20% of total debt).
- Interest payments on debt are not well covered by earnings (EBIT is 1.2x annual interest expense, ideally 3x coverage).
Financial health checks
We assess Bannari Amman Spinning Mills's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Bannari Amman Spinning Mills has a total score of 1/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
BASML Dividends
What is Bannari Amman Spinning Mills's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
₹2,000 of
Bannari Amman Spinning Mills
shares you are expected to receive
₹17
in your first year as a dividend.
Dividend Amount
- Bannari Amman Spinning Mills's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.5%).
- Bannari Amman Spinning Mills's dividend is below the markets top 25% of dividend payers in India (1.88%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
| India Luxury Industry Average Dividend Yield | Market Cap Weighted Average of 110 Stocks | 0.6% |
| India Market Average Dividend Yield | Market Cap Weighted Average of 1400 Stocks | 1.4% |
| India Minimum Threshold Dividend Yield | 10th Percentile | 0.3% |
| India Bottom 25% Dividend Yield | 25th Percentile | 0.5% |
| India Top 25% Dividend Yield | 75th Percentile | 1.9% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in ₹) | Dividend per Share (annual) | Avg. No. Analysts |
|---|
| Date (Data in ₹) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2018-08-27 | 1.600 | 0.793 |
| 2017-08-29 | 1.800 | 0.665 |
| 2016-08-17 | 1.600 | 0.523 |
| 2015-08-04 | 1.500 | 0.689 |
| 2014-09-22 | 2.000 | 1.153 |
| 2013-10-15 | 2.000 | 1.722 |
| 2013-02-14 | 0.000 | 0.000 |
| 2012-11-12 | 0.000 | 0.000 |
| 2012-08-29 | 0.000 | 0.000 |
| 2012-05-30 | 0.000 | 0.000 |
| 2011-10-28 | 2.000 | 3.306 |
| 2010-10-11 | 1.500 | 1.550 |
| 2009-06-30 | 1.000 | 1.017 |
| 2009-06-01 | 1.000 | 1.707 |
| 2009-03-19 | 2.000 | 5.229 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
- Dividends per share have fallen over the past 10 years.
Income/ dividend checks
We assess Bannari Amman Spinning Mills's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Bannari Amman Spinning Mills afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Bannari Amman Spinning Mills has a total score of 2/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
BASML Management
CEO
| COMPENSATION | ₹0 |
| AGE | 42 |
| TENURE AS CEO | 7.8 years |
CEO Bio
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 Enterprise Private Limited and Sakthi Murugan Transport Private Limited. He served as a Non-Executive Director of Bannari Amman Spinning Mills Limited since May 15, 2006. Mr. Senthil served as an Executive Director of Shiva Texyarn Ltd. from April 01, 2008 to February 10, 2011. Mr. Senthil has 6 Years of experience. He served as a Director of Bannari Amman Automobiles Private Limited until March 16, 2011. Mr. Senthil holds B.Com, M.B.A. at Rotterdam University.
CEO Compensation
- A.'s compensation has been consistent with company performance over the past year.
- A.'s remuneration is lower than average for companies of similar size in India.
Management Team Tenure
Average tenure and age of the Bannari Amman Spinning Mills management team in years:
- The average tenure for the Bannari Amman Spinning Mills management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team
Sangampalayam Arumugam
Chairman & MD
69
A. Senthil
Chief Executive Officer
42
7.8 yrs
- Swaminathan
Head of Administration
45
Nachimuthugounder Krishnaraj
Compliance Officer & Company Secretary
54
11.6 yrs
K. Mugunth
Head of Marketing
41
Anand Kumar Dubey
Business Head
45
C. Teotia
Director of Cotton
65
S. Seshadri
Chief Financial Officer
58
0.8 yrs
Board of Directors Tenure
Average tenure and age of the Bannari Amman Spinning Mills board of directors in years:
- The average tenure for the Bannari Amman Spinning Mills board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors
Kodumudi Narayanaswami Ramani
Non-Executive Independent Director
₹40K
87
13.7 yrs
Sangampalayam Arumugam
Chairman & MD
69
C. S. Prabhu
Non-Executive Independent Director
₹35K
64
12.8 yrs
Kulandaisamy Sadhasivam
Non-Executive Independent Director
₹25K
71
12.6 yrs
Sennimalai Palaniswami
Non-Executive Independent Director
₹40K
74
10.8 yrs
Kugalur Thillainathan
Non-Executive Independent Director
₹25K
64
10.8 yrs
Shanmugavelayutham Sihamani
Non-Executive Independent Director
₹20K
65
4.5 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (₹) | Value (₹) | |
|---|---|---|---|---|---|---|---|---|---|---|
Management checks
We assess Bannari Amman Spinning Mills's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Bannari Amman Spinning Mills has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
BASML News
Simply Wall St News
Did Bannari Amman Spinning Mills's (NSE:BASML) Share Price Deserve to Gain 76%?
Unfortunately for shareholders, while the Bannari Amman Spinning Mills Limited (NSE:BASML) share price is up 76% in the last five years, that's less than the market return. … During five years of share price growth, Bannari Amman Spinning Mills actually saw its EPS drop 20% per year. … In contrast revenue growth of 11% per year is probably viewed as evidence that Bannari Amman Spinning Mills is growing, a real positive.
Simply Wall St - – Full articleDo Bannari Amman Spinning Mills Limited’s (NSE:BASML) Returns On Capital Employed Make The Cut?
To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. … Return On Capital Employed (ROCE): What is it? … ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business.
Simply Wall St - – Full articleWhat Kind Of Shareholders Own Bannari Amman Spinning Mills Limited (NSE:BASML)?
The big shareholder groups in Bannari Amman Spinning Mills Limited (NSE:BASML) have power over the company. … With a market capitalization of ₹3.3b, Bannari Amman Spinning Mills is a small cap stock, so it might not be well known by many institutional investors. … View our latest analysis for Bannari Amman Spinning Mills
Simply Wall St - – Full articleWhat Does Bannari Amman Spinning Mills Limited's (NSE:BASML) P/E Ratio Tell You?
We'll look at Bannari Amman Spinning Mills Limited's (NSE:BASML) P/E ratio and reflect on what it tells us about the company's share price. … Bannari Amman Spinning Mills has a P/E ratio of 37.52, based on the last twelve months. … See our latest analysis for Bannari Amman Spinning Mills?
Simply Wall St - – Full articleWhat You Must Know About Bannari Amman Spinning Mills Limited's (NSE:BASML) 3.02% ROE
Bannari Amman Spinning Mills Limited’s (NSE:BASML) most recent return on equity was a substandard 3.02% relative to its industry performance of 7.46% over the past year. … Though BASML's recent performance is underwhelming, it is useful to understand what ROE is made up of and how it should be interpreted. … Check out our latest analysis for Bannari Amman Spinning Mills
Simply Wall St - – Full articleWho Are The Major Shareholders Of Bannari Amman Spinning Mills Limited (NSE:BASML)?
In this article, I will take a quick look at Bannari Amman Spinning Mills Limited’s (NSE:BASML) recent ownership structure – an unconventional investing subject, but an important one. … Ownership structure of a company has been found to affect share performance over time. … Check out our latest analysis for Bannari Amman Spinning Mills
Simply Wall St - – Full articleDoes Bannari Amman Spinning Mills Limited's (NSE:BASML) PE Ratio Signal A Selling Opportunity?
and want to better understand how you can grow your money by investing in Bannari Amman Spinning Mills Limited (NSE:BASML). … Bannari Amman Spinning Mills Limited (NSE:BASML) is trading with a trailing P/E of 33.1x, which is higher than the industry average of 16.6x. … While this makes BASML appear like a stock to avoid or sell if you own it, you might change your mind after I explain the assumptions behind the P/E ratio
Simply Wall St - – Full articleDoes Bannari Amman Spinning Mills Limited's (NSE:BASML) PE Ratio Warrant A Sell?
Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for BASML Price per share = ₹236.05 Earnings per share = ₹12.808 ∴ Price-Earnings Ratio = ₹236.05 ÷ ₹12.808 = 18.4x The P/E ratio itself doesn’t tell you a lot; however, it becomes very insightful when you compare it with other similar companies. … For example, if you inadvertently compared riskier firms with BASML, then investors would naturally value BASML at a higher price since it is a less risky investment. … Similarly, if you accidentally compared lower growth firms with BASML, investors would also value BASML at a higher price since it is a higher growth investment.
Simply Wall St - – Full articleHow Does Bannari Amman Spinning Mills Limited's (NSE:BASML) Earnings Growth Stack Up Against Industry Performance?
See our latest analysis for Bannari Amman Spinning Mills How Well Did BASML Perform? … For Bannari Amman Spinning Mills, its latest earnings (trailing twelve month) is ₹201.78M, which compared to the prior year's level, has risen by a somewhat unexciting 3.28%. … This suggests that whatever uplift the industry is deriving benefit from, Bannari Amman Spinning Mills has not been able to reap as much as its average peer.What does this mean?
Simply Wall St - – Full articleWhy Bannari Amman Spinning Mills Limited (NSE:BASML) Could Be A Buy
Let’s take a look at Bannari Amman Spinning Mills’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change. … I find that Bannari Amman Spinning Mills’s ratio of 19.22x is trading slightly above its industry peers’ ratio of 17.76x, which means if you buy Bannari Amman Spinning Mills today, you’d be paying a relatively fair price for it. … And if you believe Bannari Amman Spinning Mills should be trading in this range, then there isn’t really any room for the share price grow beyond what it’s currently trading.
Simply Wall St - – Full articleBASML Company Info
Description
Bannari Amman Spinning Mills Limited engages in textile business in India. The company offers cotton yarns, compact yarns for knitting and weaving, and combed and compact knitting yarns; woven and knitted fabrics; knitted garments; and home textiles. It is also involved in the retail of innerwear and active wear for women, men, and kids under the Bitz brand name. The company also exports its products to China, Bangladesh, Korea, the Philippines, Sri Lanka, Tunisia, and European markets. Bannari Amman Spinning Mills Limited was incorporated in 1989 and is based in Coimbatore, India.
Details
| Name: | Bannari Amman Spinning Mills Limited |
| BASML | |
| Exchange: | NSEI |
| Founded: | 1989 |
| ₹2,983,858,548 | |
| 15,754,269 | |
| Website: | http://www.bannarimills.com |
| Address: |
Bannari Amman Spinning Mills Limited 252, Mettupalayam Road, Coimbatore, Tamil Nadu, 641043, India |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| BSE | 532674 | Equity Shares | Mumbai Stock Exchange | IN | INR | 14. Nov 2005 | |
| NSEI | BASML | Equity Shares | National Stock Exchange of India | IN | INR | 14. Nov 2005 |
Number of employees
Current staff
Industry
| Textiles | |
| Consumer Durables |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/03/18 12:44 |
| End of day share price update: | 2019/03/18 00:00 |
| Last estimates confirmation: | 2017/05/30 |
| Last earnings filing: | 2018/08/26 |
| Last earnings reported: | 2018/03/31 |
| Last annual earnings reported: | 2018/03/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.
