Bannari Amman Spinning Mills Limited (IN:BASML)
:BASML
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Bannari Amman Spinning Mills Limited
(BASML)
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Rating:42Neutral
Price Target:
₹20.00
▼(-22.84% Downside)
Action:ReiteratedDate:03/28/26
The score is mainly held down by weak financial performance (declining revenues, high leverage, and negative free cash flow) and a clearly bearish technical setup with the stock below all key moving averages. Valuation is only neutral and does not offset the fundamental and trend risks.
Positive Factors
Core business stability
BASML's core business is staple textile manufacturing: producing cotton yarn for domestic and export customers. This represents a durable, asset-backed revenue engine tied to industrial demand, supplying downstream fabric makers and retaining predictable volume-driven cash flows over months.
Negative Factors
Declining revenues
A multi-year declining revenue trend reduces operating scale and weakens pricing leverage versus peers. Persisting top-line contraction constrains margin recovery, limits reinvestment capacity, and risks market share erosion, creating a structural headwind for medium-term profitability.
Read all positive and negative factors
Positive Factors
Negative Factors
Core business stability
BASML's core business is staple textile manufacturing: producing cotton yarn for domestic and export customers. This represents a durable, asset-backed revenue engine tied to industrial demand, supplying downstream fabric makers and retaining predictable volume-driven cash flows over months.
Read all positive factors
Bannari Amman Spinning Mills Limited (BASML) vs. iShares MSCI India ETF (INDA)
Market Cap
₹1.75B
Dividend YieldN/A
Average Volume (3M)16.79K
Price to Earnings (P/E)22.9
Beta (1Y)1.38
Revenue Growth-8.50%
EPS GrowthN/A
CountryIN
Employees3,086
SectorConsumer Defensive
Sector Strength42
IndustryApparel - Manufacturers
Share Statistics
EPS (TTM)0.28
Shares Outstanding79,921,370
10 Day Avg. Volume9,098
30 Day Avg. Volume16,791
Financial Highlights & Ratios
PEG Ratio-0.71
Price to Book (P/B)1.84
Price to Sales (P/S)0.76
P/FCF Ratio-206.34
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bannari Amman Spinning Mills Limited Business Overview & Revenue Model
Company Description
Bannari Amman Spinning Mills Ltd engages in the 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 ...
How the Company Makes Money
BASML primarily makes money by manufacturing and selling yarn to domestic and export customers in the textile value chain. Its core revenue stream is the sale of spun yarn (typically cotton and cotton-blended yarn) produced at its spinning facilit...
Bannari Amman Spinning Mills Limited Financial Statement Overview
Summary
Income Statement
45
Neutral
Balance Sheet
40
Negative
Cash Flow
35
Negative
| Breakdown | TTM | Mar 2025 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 8.84B | 8.81B | 9.14B | 15.33B | 10.04B | 11.19B |
| Gross Profit | 2.25B | 623.29M | 225.08M | 4.08B | 2.58B | 2.91B |
| EBITDA | 899.69M | 648.16M | 492.03M | 1.69B | 800.46M | 1.11B |
| Net Income | 130.09M | 71.91M | -219.70M | 524.39M | -110.02M | 24.25M |
Balance Sheet | ||||||
| Total Assets | 10.10B | 10.05B | 12.28B | 12.50B | 11.15B | 12.47B |
| Cash, Cash Equivalents and Short-Term Investments | 381.75M | 56.11M | 78.91M | 197.09M | 177.38M | 342.44M |
| Total Debt | 4.49B | 7.16B | 5.07B | 5.20B | 5.84B | 6.80B |
| Total Liabilities | 5.42B | 5.90B | 7.77B | 7.58B | 7.77B | 9.00B |
| Stockholders Equity | 4.68B | 3.63B | 3.99B | 4.52B | 3.02B | 3.12B |
Cash Flow | ||||||
| Free Cash Flow | -261.61M | -32.36M | 1.08B | 180.60M | 1.33B | 1.13B |
| Operating Cash Flow | 245.57M | 228.22M | 1.23B | 560.21M | 1.58B | 1.39B |
| Investing Cash Flow | -282.67M | 541.20M | -68.62M | -337.73M | -119.67M | 69.12M |
| Financing Cash Flow | 23.37M | -816.22M | -1.13B | -210.54M | -1.63B | -1.23B |
Bannari Amman Spinning Mills Limited Technical Analysis
Neutral
25.92
Price Trends
22.11
Negative
24.64
Negative
27.15
Negative
Market Momentum
-0.66
Negative
52.07
Neutral
52.83
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:BASML, the sentiment is Neutral. The current price of 25.92 is above the 20-day moving average (MA) of 19.79, above the 50-day MA of 22.11, and below the 200-day MA of 27.15, indicating a neutral trend. The MACD of -0.66 indicates Negative momentum. The RSI at 52.07 is Neutral, neither overbought nor oversold. The STOCH value of 52.83 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:BASML.
Bannari Amman Spinning Mills Limited Peers Comparison
UnderperformOutperform
Sector (62)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
56 Neutral | ₹2.13B | -56.98 | ― | ― | -1.97% | -44.80% | |
52 Neutral | ₹1.91B | 36.61 | ― | 0.33% | 15.16% | 780.57% | |
47 Neutral | ₹1.85B | 8.66 | ― | ― | -0.90% | -304.07% | |
45 Neutral | ₹2.30B | -51.56 | ― | 0.59% | 7.02% | -121.37% | |
42 Neutral | ₹1.75B | 22.90 | ― | ― | -8.50% | ― | |
42 Neutral | ₹2.01B | -6.35 | ― | ― | 4.96% | 14.10% |
* Consumer Defensive Sector Average
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Bannari Amman Spinning Mills Limited Corporate Events
Bannari Amman Spinning Mills Corrects XBRL Filing Error for Q2 FY2025
Feb 10, 2026
Bannari Amman Spinning Mills has clarified that a discrepancy in its XBRL submission for the quarter ended 30 September 2025 arose from an inadvertent selection of half-yearly instead of quarterly reporting during the filing process. The company s...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.