Bannari Amman Spinning Mills Ltd Share Price and Company Fundamentals



Price
₹53.35
Change
-0.050 (-0.094%)
52 week
48.25 - 114.05

Last traded: Today at 9:59 AM

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 retail of inner wear and active wear for men, women, and kids under the Bitz brand. It also exports its products. The company was incorporated in 1989 and is based in Coimbatore, India. Bannari Amman Spinning Mills Ltd is a subsidiary of Murugan Enterprise Private Limited.

Key Metrics

PE ratio

4.53

PB ratio

0.77

Dividend yield

1.12%

Beta

1.08

Market cap

-

Enterprise value

-

Company profile

Industry / SectorTextile Manufacturing / Consumer Cyclical
Websitehttps://bannarimills.com
Mailing address252, Mettupalayam Road Coimbatore 641043 India
Phone / Fax91 42 2243 5555 / 91 42 2243 4445

Dividends

Dividend yield

1.12%

Dividend amount

₹0.60

Payout ratio

0.00%

Bannari Amman Spinning Mills Ltd paid ₹0.60 dividend and the ex-dividend date was 08 Aug 2019.The dividend payout ratio is 0.00%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.BASML dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

BASML's forward dividend amount is ₹ and the forward dividend yield is . A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Jul 2022, following are the company executives and directors listed on Bannari Amman Spinning Mills Ltd.

NameTitleAgeTotal Pay
Mr. A. Senthil B.Com, M.B.AChief Exec. Officer45
Mr. S. SeshadriChief Financial Officer61
Mr. Nachimuthugounder KrishnarajCompliance Officer & Company Sec.57
Mr. Shekhar Chandra YadavHead of Marketing44
Mr. S. SwaminathanHead of Manufacturing52
Mr. K. MugunthHead of Bus. Devel.44

Profitability and management effectiveness

Profit margin

3.36%

Operating margin

8.52%

Return on assets

7.03%

Return on equity

13.55%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Bannari Amman Spinning Mills Ltd is and its enterprise value is .

The BASML's stocks Beta value is 1.08 making it 8% more volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Bannari Amman Spinning Mills Ltd (NSE:BASML) Frequently Asked Questions

1. What is Bannari Amman Spinning Mills Ltd's Stock Symbol?

Bannari Amman Spinning Mills Ltd trades on NSE under the ticker symbol "BASML".

2. What is Bannari Amman Spinning Mills Ltd's stock price today?

One share of BASML stock can currently be purchased for approximately ₹53.35.

3. How can I contact Bannari Amman Spinning Mills Ltd?

Bannari Amman Spinning Mills Ltd's mailing address is 252, Mettupalayam Road Coimbatore 641043 India. The company can be reached via phone at 91 42 2243 5555.

4. What is Bannari Amman Spinning Mills Ltd's official website?

The official website of Bannari Amman Spinning Mills Ltd is https://bannarimills.com.