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Bannari Amman Spinning Mills Ltd (BASML) Fair Value & Analysis

Consumer Cyclical · IN · Market cap ₹2.2B

BA Bannari Amman Spinning Mills Ltd BASML · NSE
Price₹25.83
Fair Value₹32.17
Upside+24.6%
Quality40/100
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Weak Growth
Thin margins · 1.6% net margin
Low debt · generates free cash flow
Mixed vs. peers (7/13)
Narrow moat 27/100
Evidence: High Range ₹24.12 – ₹40.21 Share as image

Fair value as of: Aug 2, 2026

From 19 valuation models · updated 11 days ago

Share price −3.8% over the past month.

Below-average quality, screening 25% undervalued on our models.

What matters now

  • Our model range runs from ₹24.12 (bear) to ₹40.21 (bull), base ₹32.17. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 40/100 (below-average quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

₹96.07 ₹17.27 Fair Value ₹32.17 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 2, 2026.

How to read this chart

60‑month range ₹17.27 – ₹96.07 · fair‑value band ₹24.12 – ₹40.21 · the ₹25.83 price screens below the ₹32.17 fair value. Dashed = 300-day average. As of Aug 2, 2026.

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Analysis

Bannari Amman Spinning Mills Ltd (BASML) currently trades at ₹25.83, while our model-based Fair Value estimate is ₹32.17, implying the stock looks roughly 24.6% undervalued today. The Quality Score stands at 40/100 (below-average quality), in the Consumer Cyclical sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Bannari Amman Spinning Mills Ltd generated revenue of ₹8.7B at a net margin of 1.6%. Revenue declined 2.1% year over year. It earns a return on equity of 3.4%. Net debt stands at ₹3.9B. Fundamentals as of Aug 2, 2026

Our scenario range runs from ₹24.12 (bear case) to ₹40.21 (bull case); at ₹25.83, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 28% below its 52-week high and 51% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -3% fair-value upside, at 25%, BASML screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Residual Income ₹42.12 ₹40.49 ₹33.24 76
ROIC Compounder ₹48.39 ₹57.63 ₹68.53 72
Growth-Adj P/E ₹20.77 ₹29.67 ₹38.57 68
All 19 models by family
DCF Models
5Y Revenue Exit ₹28.66 ₹57.29 ₹92.88 39
5Y EBITDA Exit ₹42.51 ₹81.52 ₹125.03 41
5Y P/E Exit ₹5.72 ₹17.20 ₹28.53 38
10Y Revenue Exit ₹12.20 ₹34.63 ₹62.76 36
10Y EBITDA Exit ₹22.39 ₹50.50 ₹85.31 37
10Y P/E Exit ₹0.0600 ₹8.37 ₹17.62 35
Earnings-Based
Graham-Dodd ₹11.70 ₹24.52 ₹31.04 54
PEG = 1.0 ₹3.66 ₹5.23 ₹6.80 46
EPV ₹48.39 ₹57.63 ₹65.59 59
Multiples
P/E Multiple ₹28.38 ₹37.85 ₹47.31 63
P/S Multiple ₹21.93 ₹29.24 ₹36.56 58
P/B Multiple ₹21.93 ₹29.24 ₹36.56 55
EV/EBIT ₹88.19 ₹120.96 ₹153.72 53
EV/EBITDA ₹86.64 ₹118.89 ₹151.13 54
EV/Revenue ₹56.16 ₹84.55 ₹112.95 43
Asset-Based
NCAV (Graham) ₹29.63 ₹39.70 ₹59.26 50
Economic Profit
Residual Income ₹42.12 ₹40.49 ₹33.24 76
ROIC Compounder ₹48.39 ₹57.63 ₹68.53 72
Growth Earnings
Growth-Adj P/E ₹20.77 ₹29.67 ₹38.57 68

Widest divergence: Economic Profit (₹40.49) versus Earnings-Based (₹24.52). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) ₹8.7B
Revenue growth (YoY) -2.1%
Net margin 1.6%
Return on equity 3.4%
Free cash flow ₹11.6M FY2026
P/E ratio 14.5
More key figures
Operating margin 6.1%
EPS (TTM) ₹1.92
EPS growth (YoY) -42.9%
Net debt ₹3.9B FY2026

Figures from reported company fundamentals · as of Aug 2, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 40/100

Of which business quality 40 · Market factors (momentum, volatility) 44

Profitability 32
Margins and returns on capital today
Quality Growth 60
Are margins and returns improving?
Cashflow 39
Earnings quality: real cash, not paper profit
Fin. Strength 33
Balance sheet, leverage, solvency risk
Investment 82
Disciplined investing over empire-building
Low Volatility 62
Calm price path (market factor)
Momentum 37
Price trend over the last 3–12 months (market factor)
52W Momentum 34
Distance to the 52-week high (market factor)
Net Issuance 8
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

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.

Full company description

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 Murugan Enterprise Private Limited.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Bannari Amman Spinning Mills Ltd reported revenue of ₹8.7B in FY2026 versus ₹15.3B in FY2022, a compound −13.2%/yr. Reported net income was ₹137M in FY2026, compounding −28.4%/yr from FY2022.

Growth Quality 26/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2026)
₹8.7B
Latest YoY
−1.2%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−14.6%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−2.8%
Avg. growth/yr (20Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+12.2%
Revenue −13.2%/yr
FY22 ₹15.3B
FY23 ₹14.0B
FY24 ₹9.1B
FY25 ₹8.8B
FY26 ₹8.7B
Net income −28.4%/yr
FY22 ₹524M
FY23 −₹296M
FY24 −₹220M
FY25 ₹71.9M
FY26 ₹137M
Character of growth · EPS growth decomposed (2015-2026) −9.0 % p.a.
Revenue per share −3.1 pp

of which total revenue +0.8 pp · buybacks/dilution −3.9 pp

EBIT margin +16.3 pp
Tax rate +1.3 pp
Residual (interest, one-offs) −23.4 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

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Cite: Fair Value Calculator (2026). "Bannari Amman Spinning Mills Ltd Fair Value". https://www.fairvalue-calculator.com/stock/BASML

Peer Group

Textile Manufacturing · 315 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 40 · Bottom 25%
Fair Value upside +25% · Above median
Return on equity (TTM) 3% · Below median
Return on assets 4% · Top 25%
Net margin (TTM) 2% · Below median
Operating margin (TTM) 6% · Above median
Revenue growth -2% · Below median
Debt / equity 0.18× · Higher than median

Valuation Multiples vs Textile Manufacturing median · lower = cheaper

P/E (TTM) 14.5× · Cheaper than median
P/B 0.47× · Cheaper than 75% of peers
P/S (TTM) 0.26× · Cheaper than median
P/FCF 2.0× · Pricier than median
EV/EBITDA 3.5× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 66 · sector 7
FUTURE 0 · sector 0
PAST 14 · sector 15
HEALTH 91 · sector 95
DIVIDEND 0 · sector 34

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Textile Manufacturing stocks, each showing price versus our Fair Value estimate (as of Aug 2, 2026).

Stock Price Fair Value vs Fair Value
Shenzhou International Group 2313 HK$44.40 HK$75.65 +70%
Tongkun Group 601233 ¥23.56 ¥14.53 -38%
Inner Mongolia ERDOS Resources Co 600295 ¥12.04 ¥14.35 +19%
Far Eastern New Century Corporation 1402 27.55 TWD 28.72 TWD +4%
K.P.R. Mill Limited KPRMILL ₹1,083 ₹467.49 -57%
HMT (Xiamen) New Technical Materials Co 603306 ¥78.00 ¥11.85 -85%
Zhejiang Orient Holdings 600120 ¥5.18 ¥2.21 -57%
Vardhman Textiles Limited VTL ₹602.20 ₹437.53 -27%
Isiklar Enerji ve Yapi Holding IEYHO 174.20 TRY 323.84 TRY +86%
Bros Eastern.,Ltd 601339 ¥8.08 ¥7.87 -3%

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Frequently asked questions

Is Bannari Amman Spinning Mills Ltd (BASML) overvalued or undervalued?
As of Aug 2, 2026, our model estimates a fair value of ₹32.17 versus a price of ₹25.83, about +25% (undervalued).
What is the fair value of BASML?
Our model-based fair value for Bannari Amman Spinning Mills Ltd is ₹32.17 (as of Aug 2, 2026), built from audited fundamentals. The current price is ₹25.83.
What is the quality score of BASML?
Bannari Amman Spinning Mills Ltd has a Quality Score of 40/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Bannari Amman Spinning Mills Ltd (BASML)?
Bannari Amman Spinning Mills Ltd reported trailing-twelve-month revenue of about ₹8.7B (latest available figure, as of Aug 2, 2026).
What is the net profit margin of BASML?
The net profit margin of Bannari Amman Spinning Mills Ltd is about 1.6%, meaning it keeps roughly 1.6% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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