Bannari Amman Spinning MillsNSE:BASML +2.35%67 Return-on-Tangible-Equity is 1.18% as of Mar. 2026, which is 51% below its 10-year median of 2.40. GuruFocus rates NSE:BASML with a GF Score™ of 67/100 and a GF Value™ of ₹33.37 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,012 Manufacturing - Apparel & Accessories companies, Bannari Amman Spinning Mills ranks worse than 56.62% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Bannari Amman Spinning Mills's annualized net income for the quarter that ended in Mar. 2026 was ₹55 Mil. Bannari Amman Spinning Mills's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹4,670 Mil. Therefore, Bannari Amman Spinning Mills's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 1.18%.
The historical rank and industry rank for Bannari Amman Spinning Mills's Return-on-Tangible-Equity or its related term are showing as below:
NSE:BASML'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -6.84 Med: 2.4 Max: 14.07
Current: 3.06
During the past 13 years, Bannari Amman Spinning Mills's highest Return-on-Tangible-Equity was 14.07%. The lowest was -6.84%. And the median was 2.40%.
NSE:BASML's Return-on-Tangible-Equity is ranked worse than 56.62% of 1012
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.45
vs NSE:BASML: 3.06
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Bannari Amman Spinning Mills Return-on-Tangible-Equity Related Terms
Bannari Amman Spinning Mills Return-on-Tangible-Equity Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Textile Manufacturing subindustry, Bannari Amman Spinning Mills's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Bannari Amman Spinning Mills Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bannari Amman Spinning Mills's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Bannari Amman Spinning Mills's Return-on-Tangible-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 1.18% mean?
Bannari Amman Spinning Mills (NSE:BASML) has a Return-on-Tangible-Equity of 1.18% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Bannari Amman Spinning Mills and its competitors. This is 51% below median its historical median of 2.40. According to the industry distribution chart, Bannari Amman Spinning Mills ranks #573 out of 1012 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 56.6%.
Is Bannari Amman Spinning Mills' Return-on-Tangible-Equity too high?
Bannari Amman Spinning Mills' current Return-on-Tangible-Equity of 1.18% is 51% below median its 10-year median of 2.40. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Equity is 4.45. Bannari Amman Spinning Mills' value of 1.18% is 73.5% below this industry median. Based on the distribution chart, Bannari Amman Spinning Mills ranks #573 out of 1012 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Bannari Amman Spinning Mills has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bannari Amman Spinning Mills' Return-on-Tangible-Equity compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Bannari Amman Spinning Mills ranks #573 out of 1012 companies for Return-on-Tangible-Equity. This places Bannari Amman Spinning Mills in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.45. Bannari Amman Spinning Mills' value of 1.18% is 73.5% below this benchmark. While the company's 10-year median is 2.40 vs. the industry median of 4.45, Bannari Amman Spinning Mills has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Equity among Manufacturing - Apparel & Accessories companies is 4.45, based on 1,012 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bannari Amman Spinning Mills's current Return-on-Tangible-Equity of 1.18% is 73.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Bannari Amman Spinning Mills and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Equity is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bannari Amman Spinning Mills's current Return-on-Tangible-Equity is 1.18%, which is 51% below median its own 10-year median of 2.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bannari Amman Spinning Mills stock overvalued right now?
Based on GuruFocus' analysis, Bannari Amman Spinning Mills (NSE:BASML) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹33.37, compared to a current price of ₹26.53 — trading 20.5% below its estimated fair value. The current Return-on-Tangible-Equity is 1.18%, which is 51% below median its 10-year median of 2.40 and 73.5% below the Manufacturing - Apparel & Accessories industry median of 4.45. Bannari Amman Spinning Mills' overall GF Score™ is 67/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Bannari Amman Spinning Mills (NSE:BASML), the current Return-on-Tangible-Equity is 1.18% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Bannari Amman Spinning Mills (NSE:BASML) Overvalued in 2026?
Based on GuruFocus' analysis, Bannari Amman Spinning Mills stock appears to be undervalued.
The current stock price of ₹26.53 is trading 20.5% below its estimated GF Value™ of ₹33.37.
GuruFocus considers Bannari Amman Spinning Mills to be Modestly Undervalued.
Key valuation signals for NSE:BASML:
Return-on-Tangible-Equity: 1.18% (51% below median its 10-year median of 2.40)
GF Value™: ₹33.37 vs. price of ₹26.53 (20.5% below fair value)
Industry Position: 73.5% below the Manufacturing - Apparel & Accessories median (#573 of 1012)
No single metric tells the full story. See the NSE:BASML stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bannari Amman Spinning Mills Ltd is an integrated textile company engaged in the manufacture of cotton yarn, knitted & woven fabrics, processing of fabrics, finished garments, home textiles, and wind power generation. It operates through the Textiles segment. Its divisions include Spinning, Weaving, Knitting, Home Textiles, and Windmills. It has one reportable segment as Textile. Geographically, the group has a business presence in India and other countries, from which key revenue is derived within India.
67GF Score
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