Bannari Amman Spinning Mills Ltd
Bannari Amman Spinning Mills Limited, incorporated in 1989, is an integrated textile company engaged in the manufacture of cotton yarn, fabric and home textile products as well as wind power generation. [1]
- Market Cap ₹ 307 Cr.
- Current Price ₹ 47.4
- High / Low ₹ 95.6 / 44.2
- Stock P/E 19.1
- Book Value ₹ 68.8
- Dividend Yield 1.27 %
- ROCE 15.0 %
- ROE 14.0 %
- Face Value ₹ 5.00
Pros
- Stock is trading at 0.69 times its book value
- Company is expected to give good quarter
- Company has delivered good profit growth of 36.0% CAGR over last 5 years
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of 3.58% over last 3 years.
- Contingent liabilities of Rs.104 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Textiles Industry: Textiles - Cotton/Blended
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|
559 | 699 | 730 | 822 | 868 | 1,008 | 1,174 | 1,134 | 1,019 | 1,560 | 1,642 | |
445 | 581 | 647 | 726 | 783 | 911 | 1,057 | 1,038 | 940 | 1,393 | 1,528 | |
Operating Profit | 113 | 118 | 83 | 96 | 85 | 97 | 117 | 96 | 78 | 167 | 114 |
OPM % | 20% | 17% | 11% | 12% | 10% | 10% | 10% | 8% | 8% | 11% | 7% |
1 | 1 | 3 | 1 | 3 | 6 | 9 | 18 | 4 | 6 | 5 | |
Interest | 38 | 38 | 38 | 38 | 44 | 60 | 67 | 72 | 62 | 53 | 53 |
Depreciation | 36 | 35 | 28 | 30 | 30 | 31 | 34 | 33 | 33 | 34 | 34 |
Profit before tax | 41 | 46 | 20 | 29 | 15 | 11 | 25 | 10 | -12 | 86 | 31 |
Tax % | 33% | 31% | 33% | 33% | 22% | 15% | 6% | 41% | 14% | 34% | |
Net Profit | 27 | 32 | 13 | 20 | 12 | 10 | 24 | 6 | -10 | 56 | 19 |
EPS in Rs | 4.23 | 4.89 | 2.05 | 3.02 | 1.78 | 1.36 | 3.24 | 0.37 | -1.70 | 8.09 | 2.07 |
Dividend Payout % | 12% | 10% | 18% | 13% | 25% | 29% | 12% | 0% | 0% | 7% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 12% |
3 Years: | 10% |
TTM: | 31% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 36% |
3 Years: | 37% |
TTM: | -70% |
Stock Price CAGR | |
---|---|
10 Years: | 3% |
5 Years: | -14% |
3 Years: | 2% |
1 Year: | -44% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 4% |
3 Years: | 4% |
Last Year: | 14% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Sep 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|
16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 32 | 32 | |
Reserves | 199 | 227 | 228 | 244 | 269 | 279 | 297 | 297 | 286 | 420 | 414 |
382 | 448 | 462 | 499 | 555 | 702 | 725 | 680 | 584 | 520 | 598 | |
96 | 120 | 146 | 189 | 101 | 211 | 222 | 255 | 229 | 276 | 221 | |
Total Liabilities | 694 | 810 | 852 | 947 | 941 | 1,208 | 1,259 | 1,247 | 1,114 | 1,249 | 1,265 |
442 | 440 | 452 | 514 | 574 | 669 | 659 | 640 | 613 | 599 | 632 | |
CWIP | 7 | 2 | 50 | 20 | 3 | 1 | 1 | 4 | 17 | 30 | 1 |
Investments | 23 | 24 | 5 | 4 | 21 | 1 | 1 | 0 | 0 | 2 | 4 |
222 | 344 | 344 | 409 | 345 | 537 | 598 | 603 | 484 | 618 | 627 | |
Total Assets | 694 | 810 | 852 | 947 | 941 | 1,208 | 1,259 | 1,247 | 1,114 | 1,249 | 1,265 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|
103 | 4 | 113 | 59 | 26 | 22 | 67 | 139 | 160 | 56 | |
-23 | -29 | -75 | -60 | -67 | -42 | -26 | 7 | -12 | -34 | |
-71 | 24 | -44 | -3 | 53 | 19 | -48 | -123 | -165 | -21 | |
Net Cash Flow | 9 | -1 | -6 | -4 | 12 | -1 | -6 | 24 | -17 | 1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 29 | 35 | 40 | 43 | 36 | 45 | 59 | 54 | 50 | 44 |
Inventory Days | 98 | 148 | 117 | 136 | 114 | 173 | 150 | 157 | 138 | 108 |
Days Payable | 36 | 31 | 45 | 59 | 22 | 62 | 53 | 71 | 69 | 51 |
Cash Conversion Cycle | 92 | 152 | 112 | 120 | 128 | 156 | 156 | 140 | 120 | 101 |
Working Capital Days | 31 | 83 | 65 | 68 | 77 | 121 | 114 | 102 | 109 | 92 |
ROCE % | 13% | 8% | 9% | 7% | 8% | 9% | 6% | 5% | 15% |
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
10 Jan - The certificates of security received from depository participants for dematerialization during the quarter ended 31st December, 2022 were confirmed (accepted/rejected) to the depositories by our …
- Closure of Trading Window 26 Dec 2022
- Disclosure Of Related Party Transactions Pursuant To Regulation 23(9) Of SEBI (LODR) Regulations, 2015 - Reg. 18 Nov 2022
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Announcement under Regulation 30 (LODR)-Newspaper Publication
15 Nov 2022 - Enclosing copy of Extract of Unaudited Standalone/Consolidated Financial Results for the Quarter ended 30th September, 2022 advertised in the following Newspapers: 1. Business Standard dt: …
- SUBMISSION OF UNAUDITED FINANCIAL RESULTS - LIMITED REVIEW REPORT - FOR THE QUARTER ENDED 30.9.2022. 14 Nov 2022
Annual reports
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2010
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Product Portfolio
Cotton Yarn: Ring spun yarn, organic yarn, compact yarn etc.
Home textiles and made ups: Flat Sheet, Fitted Sheet, Duvet Cover, Valance, Pillowcase, Sheet Set etc.
Garments: The Co’s garmenting division manufactures knitted garments under the name of Fashion Threads and Accel Apparels. [1][2]