Integrated Filing — IndAS



General information about company

Scrip Code 532674
NSE Symbol BASML
MSEI Symbol NOTLISTED
ISIN INE186H01022
Name of company BANNARI AMMAN SPINNING MILLS LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 14-11-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 01-11-2025
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Second quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Single segment
Description of single segment Textiles
Start date and time of board meeting 14-11-2025   15:30:00
End date and time of board meeting 14-11-2025   18:00:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 22,832.32 44,571.59
Other income 94.60 225.91
Total income 22,926.92 44,797.50
2 Expenses
(a) Cost of materials consumed 18,538.68 32,387.30
(b) Purchases of stock-in-trade (221.02) 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (1,890.97) (1,211.71)
(d) Employee benefit expense 1,916.59 3,893.78
(e) Finance costs 981.95 2,052.11
(f) Depreciation, depletion and amortisation expense 685.56 1,353.16
(f) Other Expenses
1 Repairs & Maintenance 399.10 865.26
2 Power & Fuel 724.24 2,073.03
3 Selling & Distribution 326.59 634.25
4 Packing materials consumed 197.43 390.13
5 Other expenses 587.91 1,002.07
Total other expenses 2,235.27 4,964.74
Total expenses 22,246.06 43,439.38
3 Total profit before exceptional items and tax 680.86 1,358.12
4 Exceptional items 0.00 0.00
5 Total profit before tax 680.86 1,358.12
6 Tax expense
7 Current tax 137.46 256.88
8 Deferred tax 27.32 104.58
9 Total tax expenses 164.78 361.46
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 516.08 996.66
12 Profit (loss) from discontinued operations before tax 60.40 22.20
13 Tax expense of discontinued operations 21.11 7.76
14 Net profit (loss) from discontinued operation after tax 39.29 14.44
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 555.37 1,011.10
17 Other comprehensive income net of taxes (0.64) 0.06
18 Total Comprehensive Income for the period 554.73 1,011.16
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 554.73 1,011.10
Total profit or loss, attributable to non-controlling interests 0.00 0.00
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 0.64 0.06
Total comprehensive income for the period attributable to owners of parent non-controlling interests 0.00 0.00
21 Details of equity share capital
Paid-up equity share capital 3,996.07 3,996.07
Face value of equity share capital 5 5
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0.64 1.31
Diluted earnings (loss) per share from continuing operations 0.64 1.31
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0.05 0.02
Diluted earnings (loss) per share from discontinued operations 0.05 0.02
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 0.69 1.33
Diluted earnings (loss) per share from continuing and discontinued operations 0.69 1.33
24 Debt equity ratio 0 0
25 Debt service coverage ratio 0 0
26 Interest service coverage ratio 0 0
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) Notes to the Consolidated Unaudited Financial Results for the Quarter and half year ended 30.09.2025: 1. The above consolidated unaudited financial results “the Statement” for the quarter and half year ended September 30, 2025 have been reviewed by the Audit Committee and have been approved by the Board of Directors at their meetings held on November 14, 2025. The Statutory Auditors have reviewed the statement and given the unmodified report. 2. Bannari Amman Spinning Mills Limited (“the Parent Company) is primarily engaged in the manufacturing of Textile and related products, which in the context of Ind AS 108 “Operating Segments” is considered the only significant business segment. 3. The Statement includes the standalone results of parent company and its subsidiary viz. Bannari Infotech Private Limited for the half year ended September 30, 2025. 4. The Garment unit situated at palladam, which had been earlier classified as assets held for sale, was sold and the resulting gain has been recognized under discontinued operations in the Statement of Profit and Loss for the period ended 30th September, 2025. The land at SIPCOT, Perundurai is continued to be classified as assets held for sale / discontinued operations as per Ind AS 105 ‘Non-Current Assets held for sale and discontinued operations’ as at 30th September, 2025. The summary of the results of the aforesaid discontinued operations as included under the results is as follows: (Rs. In Lakhs) Particulars Quarter ended Half Year Ended Year Ended 30.09.2025 30.06.2025 30.09.2024 30.09.2025 30.09.2024 31.03.2025 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) Total Income 171.72 45.74 68.68 217.46 2,750.67 2,816.56 Total expenses 111.32 83.94 190.89 195.26 949.28 1,304.24 Profit/(Loss) before tax 60.40 (38.20) (122.21) 22.20 1,801.39 1,512.32 Tax expense / (savings) 21.11 (13.35) (42.71) 7.76 668.05 587.04 Profit/(Loss) After tax 39.29 (24.85) (79.50) 14.44 1,133.34 925.28 5. The Board of Directors of the Parent Company, at their meeting held on August 22, 2025, have allotted 41,66,660 Convertible Equity Warrants of Rs.5 at Rs.36 per warrant (including premium of Rs.31 per warrant) aggregating to Rs. 1500.00 lakhs on Preferential basis to promoter group of the Parent Company in accordance with Section 42 read with the Companies (Prospectus and Allotment of Securities) Rules, 2014 and Chapter V of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. In this regard, the Parent Company has received an aggregate consideration of Rs. 375.00 lakhs towards minimum 25% of the total consideration of the Convertible Equity Warrants and the fund has been utilised in full during the quarter and half year ended September 30, 2025, by the Parent Company for the objects approved by the members. The said Convertible Equity Warrants will be converted into Equity Shares within 18 months from the date of allotment 6. Previous period figures have been regrouped and reclassified wherever necessary



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 30-09-2025
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 46,298.05
Capital work-in-progress 6,201.30
Investment property 0.00
Goodwill 0.00
Other intangible assets 68.83
Intangible assets under development 0.00
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 0.00
Non-current financial assets
Non-current investments 389.25
Trade receivables, non-current 0.00
Loans, non-current 0.00
Other non-current financial assets 1,405.68
Total non-current financial assets 1,794.93
Deferred tax assets (net) 0.00
Other non-current assets 150.74
Total non-current assets 54,513.85
2 Current assets
Inventories 23,371.98
Current financial asset
Current investments 0.00
Trade receivables, current 13,908.20
Cash and cash equivalents 183.77
Bank balance other than cash and cash equivalents 393.06
Loans, current 35.35
Other current financial assets 3,240.71
Total current financial assets 17,761.09
Current tax assets (net) 210.94
Other current assets 4,937.78
Total current assets 46,281.79
3 Non-current assets classified as held for sale 237.20
4 Regulatory deferral account debit balances and related deferred tax Assets 0.00
Total assets 1,01,032.84
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 3,996.07
Other equity 42,852.05
Total equity attributable to owners of parent 46,848.12
Non controlling interest 0.00
Total equity 46,848.12
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 11,616.82
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0.00
Total Trade payable 0.00
Other non-current financial liabilities 70.50
Total non-current financial liabilities 11,687.32
Provisions, non-current 0.00
Deferred tax liabilities (net) 1,590.57
Deferred government grants, Non-current 0.00
Other non-current liabilities 0.00
Total non-current liabilities 13,277.89
Current liabilities
Current financial liabilities
Borrowings, current 33,182.91
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 1,793.71
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 3,360.63
Total Trade payable 5,154.34
Other current financial liabilities 146.55
Total current financial liabilities 38,483.80
Other current liabilities 2,039.90
Provisions, current 287.67
Current tax liabilities (Net) 0.00
Deferred government grants, Current 0.00
Total current liabilities 40,811.37
3 Liabilities directly associated with assets in disposal group classified as held for sale 95.46
4 Regulatory deferral account credit balances and related deferred tax liability 0.00
Total liabilities 54,184.72
Total equity and liabilites 1,01,032.84
Disclosure of notes on assets and liabilities



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-07-2025 01-04-2025
Date of end of reporting period 30-09-2025 30-09-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Gain/loss on equity instruments designed at FVTOCI (0.64) 0.06
Total Amount of items that will not be reclassified to profit and loss (0.64) 0.06
2 Income tax relating to items that will not be reclassified to profit or loss 0.00 0.00
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income (0.64) 0.06



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 30-09-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 1,358.12
Adjustments for reconcile profit (loss)
Adjustments for finance costs 2,199.27
Adjustments for decrease (increase) in inventories (1,643.71)
Adjustments for decrease (increase) in trade receivables, current 1,766.51
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets (1,188.82)
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current (834.48)
Adjustments for other financial assets, current 5.88
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 3.56
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities (363.06)
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 1,353.16
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 156.42
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current (15.53)
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains (132.13)
Adjustments for dividend income 0.00
Adjustments for interest income 83.59
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) (0.31)
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow (62.27)
Other adjustments to reconcile profit (loss) 22.20
Other adjustments for non-cash items 1.33
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 1,184.43
Net cash flows from (used in) operations 2,542.55
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 86.84
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 2,455.71
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 0.00
Purchase of property, plant and equipment 5,071.79
Proceeds from sales of investment property 2,311.85
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 86.27
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (153.00)
Net cash flows from (used in) investing activities (2,826.67)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 4,071.47
Proceeds from issuing other equity instruments 375.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 0.00
Repayments of borrowings 1,865.55
Payments of lease liabilities 46.07
Dividends paid 0.00
Interest paid 2,241.39
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (59.78)
Net cash flows from (used in) financing activities 233.68
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (137.28)
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents (137.28)
Cash and cash equivalents cash flow statement at beginning of period 321.05
Cash and cash equivalents cash flow statement at end of period 183.77





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Unaudited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 P.N. RAGHAVENDRA RAO & CO Yes 31-08-2028