Bannari Amman Spinning Mills Ltd

NSE BASML.NS

Bannari Amman Spinning Mills Ltd Debt to Equity Ratio for the year ending March 31, 2024: 1.27

Bannari Amman Spinning Mills Ltd Debt to Equity Ratio is 1.27 for the year ending March 31, 2024, a -13.93% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Bannari Amman Spinning Mills Ltd Debt to Equity Ratio for the year ending March 31, 2023 was 1.48, a 28.31% change year over year.
Bannari Amman Spinning Mills Ltd Debt to Equity Ratio for the year ending March 31, 2022 was 1.15, a -40.53% change year over year.
Bannari Amman Spinning Mills Ltd Debt to Equity Ratio for the year ending March 31, 2021 was 1.93, a -11.12% change year over year.
Bannari Amman Spinning Mills Ltd Debt to Equity Ratio for the year ending March 31, 2020 was 2.18, a -6.29% change year over year.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

NSE: BASML.NS

Bannari Amman Spinning Mills Ltd

CEO	Mr. Sangampalayam Vedanayagam Arumugam ACA, B.Sc.
IPO Date	Nov. 14, 2005
Location	India
Headquarters	252, Mettupalayam Road
Employees	3,086
Sector	Consumer Staples
Industries Retail & Wholesale Apparel & Fashion

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 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 trends

Past 5 years