Bannari Amman Spinning Mills Limited (BASML) - Net Assets
Based on the latest financial reports, Bannari Amman Spinning Mills Limited (BASML) has net assets worth Rs4.68 Billion INR (≈ $50.66 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs10.10 Billion ≈ $109.26 Million USD) and total liabilities (Rs5.42 Billion ≈ $58.60 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 Bannari Amman Spinning Mills Limited liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs4.68 Billion |
| % of Total Assets | 46.37% |
| Annual Growth Rate | 5.45% |
| 5-Year Change | 22.93% |
| 10-Year Change | 59.19% |
| Growth Volatility | 12.13 |
Bannari Amman Spinning Mills Limited - Net Assets Trend (2006–2025)
This chart illustrates how Bannari Amman Spinning Mills Limited's net assets have evolved over time, based on quarterly financial data. Also explore Bannari Amman Spinning Mills Limited (BASML) total assets for the complete picture of this company's asset base.
Annual Net Assets for Bannari Amman Spinning Mills Limited (2006–2025)
The table below shows the annual net assets of Bannari Amman Spinning Mills Limited from 2006 to 2025. For live valuation and market cap data, see BASML stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 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 199184500000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs1.99 Billion | 54.87% |
| Common Stock | Rs324.21 Million | 8.93% |
| Other Comprehensive Income | Rs220.84 Million | 6.08% |
| Other Components | Rs1.09 Billion | 30.11% |
| Total Equity | Rs3.63 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 |
|---|---|
|
Konsortium Transnasional Bhd
KLSE:4847
|
$21.27 Million |
|
ERSU Meyve ve Gida Sanayi AS
IS:ERSU
|
$21.29 Million |
|
Hammerson PLC
LSE:HMSO
|
$21.29 Million |
|
Naas Technology Inc ADR
NASDAQ:NAAS
|
$21.29 Million |
|
Neometals Ltd
AU:NMT
|
$21.26 Million |
|
Sah Polymers Limited
NSE:SAH
|
$21.26 Million |
|
Blackrock World Mining Trust Plc
LSE:BRWM
|
$21.26 Million |
|
TPC Power Holding Public Company Limited
BK:TPCH
|
$21.26 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 2024 to 2025, total equity changed from 3,993,380,000 to 3,629,809,000, a change of -363,571,000 (-9.1%).
- Net income of 71,910,000 contributed positively to equity growth.
- Share repurchases of 4,774,000 reduced equity.
- New share issuances of 65,500,000 increased equity.
- Other comprehensive income decreased equity by 1,473,100,000.
- Other factors increased equity by 976,893,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs71.91 Million | +1.98% |
| Share Repurchases | Rs4.77 Million | -0.13% |
| Share Issuances | Rs65.50 Million | +1.8% |
| Other Comprehensive Income | Rs-1.47 Billion | -40.58% |
| Other Changes | Rs976.89 Million | +26.91% |
| Total Change | Rs- | -9.10% |
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: 0.44x
- 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 0.58x to 0.44x 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 | Rs24.60 | x |
| 2007-03-31 | Rs32.30 | Rs24.60 | x |
| 2008-03-31 | Rs31.82 | Rs24.60 | x |
| 2009-03-31 | Rs32.81 | Rs24.60 | x |
| 2010-03-31 | Rs35.34 | Rs24.60 | x |
| 2011-03-31 | Rs42.52 | Rs24.60 | x |
| 2012-03-31 | Rs39.17 | Rs24.60 | x |
| 2013-03-31 | Rs44.01 | Rs24.60 | x |
| 2014-03-31 | Rs49.72 | Rs24.60 | x |
| 2015-03-31 | Rs52.05 | Rs24.60 | x |
| 2016-03-31 | Rs53.36 | Rs24.60 | x |
| 2017-03-31 | Rs57.47 | Rs24.60 | x |
| 2018-03-31 | Rs60.37 | Rs24.60 | x |
| 2019-03-31 | Rs63.94 | Rs24.60 | x |
| 2020-03-31 | Rs63.94 | Rs24.60 | x |
| 2021-03-31 | Rs61.81 | Rs24.60 | x |
| 2022-03-31 | Rs69.78 | Rs24.60 | x |
| 2023-03-31 | Rs64.90 | Rs24.60 | x |
| 2024-03-31 | Rs61.59 | Rs24.60 | x |
| 2025-03-31 | Rs56.34 | Rs24.60 | 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): 1.98%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.82%
- • Asset Turnover: 0.88x
- • Equity Multiplier: 2.77x
- Recent ROE (1.98%) is below the historical average (5.23%), 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 |
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: $-12,817,719,778
- Average return on equity (ROE) among peers: 3.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bannari Amman Spinning Mills Limited (BASML) | Rs4.68 Billion | 10.39% | 1.16x | $21.26 Million |
| Aarvee Denims & Exports Limited (AARVEEDEN) | $2.72 Billion | 2.06% | 2.38x | $38.07 Million |
| Akshar Spintex Limited (AKSHAR) | $194.97 Million | -2.63% | 2.61x | $4.09 Million |
| Alok Industries Limited (ALOKINDS) | $-123.08 Billion | 0.00% | 0.00x | $740.48 Million |
| Alps Industries Limited (ALPSINDUS) | $-7.74 Billion | 0.00% | 0.00x | $1.45 Million |
| Axita Cotton Limited (AXITA) | $25.59 Million | 2.29% | 4.18x | $30.46 Million |
| AYM Syntex Limited (AYMSYNTEX) | $3.03 Billion | 1.94% | 1.66x | $147.81 Million |
| Banswara Syntex Limited (BANSWRAS) | $2.48 Billion | 10.96% | 3.19x | $43.60 Million |
| Bombay Dyeing & Mfg Company Limited (BOMDYEING) | $4.65 Billion | 13.20% | 1.47x | $252.53 Million |
| Cheviot Company Limited (CHEVIOT) | $2.36 Billion | 5.07% | 0.09x | $74.09 Million |
About Bannari Amman Spinning Mills Limited
Bannari Amman Spinning Mills Ltd, together with its subsidiaries, engages in the textile business in India and internationally. It manufactures and markets cotton yarns, woven and knitted fabrics, home textiles, and knitted garments, as well as processes fabrics. The company was incorporated in 1989 and is headquartered in Coimbatore, India. Bannari Amman Spinning Mills Ltd is a subsidiary of Mur… Read more