Bannari Amman Spinning Mills Limited (BASML) - Net Assets
Based on the latest financial reports, Bannari Amman Spinning Mills Limited (BASML) has net assets worth Rs4.74 Billion INR (≈ $51.22 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs9.84 Billion ≈ $106.43 Million USD) and total liabilities (Rs5.11 Billion ≈ $55.21 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check BASML PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs4.74 Billion |
| % of Total Assets | 48.12% |
| Annual Growth Rate | 5.87% |
| 5-Year Change | -3.72% |
| 10-Year Change | 68.7% |
| Growth Volatility | 11.96 |
Bannari Amman Spinning Mills Limited - Net Assets Trend (2006–2026)
This chart illustrates how Bannari Amman Spinning Mills Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Bannari Amman Spinning Mills Limited stock valuation.
Annual Net Assets for Bannari Amman Spinning Mills Limited (2006–2026)
The table below shows the annual net assets of Bannari Amman Spinning Mills Limited from 2006 to 2026. Also explore BASML net assets growth trend to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs4.74 Billion ≈ $51.22 Million |
+14.13% |
| 2025-03-31 | Rs4.15 Billion ≈ $44.88 Million |
-8.06% |
| 2024-03-31 | Rs4.51 Billion ≈ $48.81 Million |
-3.42% |
| 2023-03-31 | Rs4.67 Billion ≈ $50.54 Million |
-5.00% |
| 2022-03-31 | Rs4.92 Billion ≈ $53.20 Million |
+45.73% |
| 2021-03-31 | Rs3.38 Billion ≈ $36.51 Million |
-2.77% |
| 2020-03-31 | Rs3.47 Billion ≈ $37.55 Million |
+1.06% |
| 2019-03-31 | Rs3.44 Billion ≈ $37.15 Million |
+6.15% |
| 2018-03-31 | Rs3.24 Billion ≈ $35.00 Million |
+15.29% |
| 2017-03-31 | Rs2.81 Billion ≈ $30.36 Million |
+7.70% |
| 2016-03-31 | Rs2.61 Billion ≈ $28.19 Million |
+2.51% |
| 2015-03-31 | Rs2.54 Billion ≈ $27.50 Million |
+4.71% |
| 2014-03-31 | Rs2.43 Billion ≈ $26.26 Million |
+12.97% |
| 2013-03-31 | Rs2.15 Billion ≈ $23.25 Million |
+12.35% |
| 2012-03-31 | Rs1.91 Billion ≈ $20.69 Million |
-7.88% |
| 2011-03-31 | Rs2.08 Billion ≈ $22.46 Million |
+20.35% |
| 2010-03-31 | Rs1.73 Billion ≈ $18.67 Million |
+7.67% |
| 2009-03-31 | Rs1.60 Billion ≈ $17.34 Million |
-1.25% |
| 2008-03-31 | Rs1.62 Billion ≈ $17.56 Million |
-1.49% |
| 2007-03-31 | Rs1.65 Billion ≈ $17.82 Million |
+8.81% |
| 2006-03-31 | Rs1.51 Billion ≈ $16.38 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Bannari Amman Spinning Mills Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 64557700000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs645.58 Million | 13.63% |
| Common Stock | Rs399.61 Million | 8.44% |
| Other Comprehensive Income | Rs1.76 Billion | 37.12% |
| Other Components | Rs1.93 Billion | 40.81% |
| Total Equity | Rs4.74 Billion | 100.00% |
Bannari Amman Spinning Mills Limited Competitors by Market Cap
The table below lists competitors of Bannari Amman Spinning Mills Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Wonlim Corp.
KO:005820
|
$20.29 Million |
|
Sidma S.A. Steel Products
AT:SIDMA
|
$20.31 Million |
|
Great Southern Mining Ltd
AU:GSN
|
$20.31 Million |
|
NV Gold Corp
V:NVX
|
$20.33 Million |
|
PJX Resources Inc
V:PJX
|
$20.28 Million |
|
Aseana Properties Limited
LSE:ASPL
|
$20.28 Million |
|
SynCore Biotechnology Co Ltd
TWO:4192
|
$20.27 Million |
|
VIP Clothing Limited
NSE:VIPCLOTHNG
|
$20.27 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bannari Amman Spinning Mills Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 3,629,809,000 to 4,736,232,000, a change of 1,106,423,000 (30.5%).
- Net income of 137,488,000 contributed positively to equity growth.
- Share repurchases of 6,911,000 reduced equity.
- New share issuances of 444,647,000 increased equity.
- Other comprehensive income increased equity by 1,537,235,000.
- Other factors decreased equity by 1,006,036,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs137.49 Million | +2.9% |
| Share Repurchases | Rs6.91 Million | -0.15% |
| Share Issuances | Rs444.65 Million | +9.39% |
| Other Comprehensive Income | Rs1.54 Billion | +32.46% |
| Other Changes | Rs-1.01 Billion | -21.24% |
| Total Change | Rs- | 30.48% |
Book Value vs Market Value Analysis
This analysis compares Bannari Amman Spinning Mills Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.39x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.55x to 0.39x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | Rs42.49 | Rs23.47 | x |
| 2007-03-31 | Rs32.30 | Rs23.47 | x |
| 2008-03-31 | Rs31.82 | Rs23.47 | x |
| 2009-03-31 | Rs32.81 | Rs23.47 | x |
| 2010-03-31 | Rs35.34 | Rs23.47 | x |
| 2011-03-31 | Rs42.52 | Rs23.47 | x |
| 2012-03-31 | Rs39.17 | Rs23.47 | x |
| 2013-03-31 | Rs44.01 | Rs23.47 | x |
| 2014-03-31 | Rs49.72 | Rs23.47 | x |
| 2015-03-31 | Rs52.05 | Rs23.47 | x |
| 2016-03-31 | Rs53.36 | Rs23.47 | x |
| 2017-03-31 | Rs57.47 | Rs23.47 | x |
| 2018-03-31 | Rs60.37 | Rs23.47 | x |
| 2019-03-31 | Rs63.94 | Rs23.47 | x |
| 2020-03-31 | Rs63.94 | Rs23.47 | x |
| 2021-03-31 | Rs61.81 | Rs23.47 | x |
| 2022-03-31 | Rs69.78 | Rs23.47 | x |
| 2023-03-31 | Rs64.90 | Rs23.47 | x |
| 2024-03-31 | Rs61.59 | Rs23.47 | x |
| 2025-03-31 | Rs56.34 | Rs23.47 | x |
| 2026-03-31 | Rs60.63 | Rs23.47 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bannari Amman Spinning Mills Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 2.90%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.58%
- • Asset Turnover: 0.88x
- • Equity Multiplier: 2.08x
- Recent ROE (2.90%) is below the historical average (5.12%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 10.39% | 18.18% | 0.33x | 1.71x | Rs5.91 Million |
| 2007 | 10.33% | 15.51% | 0.25x | 2.72x | Rs5.43 Million |
| 2008 | 6.81% | 5.53% | 0.32x | 3.81x | Rs-51.80 Million |
| 2009 | 5.02% | 2.81% | 0.43x | 4.12x | Rs-79.82 Million |
| 2010 | 8.72% | 4.24% | 0.50x | 4.11x | Rs-22.03 Million |
| 2011 | 18.68% | 7.06% | 0.66x | 4.00x | Rs180.32 Million |
| 2012 | -8.56% | -3.56% | 0.66x | 3.62x | Rs-355.11 Million |
| 2013 | 12.71% | 4.88% | 0.81x | 3.23x | Rs58.20 Million |
| 2014 | 13.00% | 4.51% | 0.86x | 3.34x | Rs72.82 Million |
| 2015 | 5.04% | 1.89% | 0.81x | 3.31x | Rs-126.03 Million |
| 2016 | 7.50% | 2.37% | 0.87x | 3.63x | Rs-65.30 Million |
| 2017 | 7.19% | 2.17% | 0.91x | 3.63x | Rs-78.97 Million |
| 2018 | 2.97% | 0.90% | 0.81x | 4.10x | Rs-207.19 Million |
| 2019 | 6.69% | 1.81% | 0.91x | 4.03x | Rs-103.23 Million |
| 2020 | 0.78% | 0.22% | 0.90x | 3.99x | Rs-288.09 Million |
| 2021 | -3.64% | -1.10% | 0.90x | 3.69x | Rs-411.97 Million |
| 2022 | 11.59% | 3.42% | 1.23x | 2.76x | Rs71.92 Million |
| 2023 | -7.03% | -2.12% | 1.09x | 3.05x | Rs-716.79 Million |
| 2024 | -5.50% | -2.40% | 0.74x | 3.08x | Rs-619.04 Million |
| 2025 | 1.98% | 0.82% | 0.88x | 2.77x | Rs-291.07 Million |
| 2026 | 2.90% | 1.58% | 0.88x | 2.08x | Rs-336.14 Million |
Industry Comparison
This section compares Bannari Amman Spinning Mills Limited's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $-22,311,348,770
- Average return on equity (ROE) among peers: 4.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bannari Amman Spinning Mills Limited (BASML) | Rs4.74 Billion | 10.39% | 1.08x | $20.29 Million |
| Aarvee Denims & Exports Limited (AARVEEDEN) | $2.68 Billion | 0.44% | 2.10x | $38.07 Million |
| Akshar Spintex Limited (AKSHAR) | $350.14 Million | -16.37% | 1.12x | $3.49 Million |
| Alok Industries Limited (ALOKINDS) | $-197.76 Billion | 0.00% | 0.00x | $378.57 Million |
| Alps Industries Limited (ALPSINDUS) | $-7.74 Billion | 0.00% | 0.00x | $14.51 Million |
| Axita Cotton Limited (AXITA) | $38.36 Million | 30.20% | 4.91x | $33.07 Million |
| AYM Syntex Limited (AYMSYNTEX) | $5.89 Billion | 1.11% | 0.82x | $179.49 Million |
| Banswara Syntex Limited (BANSWRAS) | $2.94 Billion | 8.29% | 2.36x | $40.16 Million |
| Bombay Dyeing & Mfg Company Limited (BOMDYEING) | $-12.73 Billion | 0.00% | 0.00x | $248.60 Million |
| Cheviot Company Limited (CHEVIOT) | $5.53 Billion | 14.35% | 0.10x | $74.21 Million |
About Bannari Amman Spinning Mills Limited
Bannari Amman Spinning Mills Ltd engages in the textile business in India and internationally. The company offers cotton yarns, polyester and cotton blended yarns, grey and bleached woven fabrics, knitted fabrics, made-ups, processed knit fabrics, finished garments, and home textiles, as well as wind power generation services. It also processes fabrics. The company was incorporated in 1989 and is… Read more