Bannari Amman Spinning Mills
Bannari Amman Spinning Mills is an India-listed textile manufacturer producing cotton yarn, woven and knitted fabrics, home textiles, and captive wind power, serving B2B textile manufacturers from its Coimbatore base since 1989.
- Company typePublic
- Founded1989
- HeadquartersCoimbatore, India
- Headcount501–1,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What Bannari Amman Spinning Mills does
Bannari Amman Spinning Mills Ltd is an India-based textile manufacturer incorporated in 1989 and headquartered in Coimbatore, listed on the Bombay Stock Exchange (bom:532674). The company manufactures cotton yarn, woven and knitted fabrics, and home textiles, and additionally operates captive wind power generation, making it a vertically diversified textile-and-energy producer within the Bannari Amman Group ecosystem.
The company sells spun cotton and blended yarns, as well as downstream woven, knitted, and home textile products, primarily to B2B textile manufacturers serving weaving and knitting operations in domestic and export markets. Its horizontal segmentation approach targets the broader textile manufacturing value chain rather than any single end-use vertical. Distribution occurs through direct sales to textile mills and intermediaries, with pricing conducted on a quote-based, per-order negotiation basis typical of commodity yarn trading.
Financially, the company generates quarterly revenue in the range of Rs 200–221 crore (approximately $24–27M USD per quarter), implying annualized revenue of roughly Rs 800–880 crore. Q3 FY25 revenue was Rs 203.90 crore (down 4.32% YoY) with net profit of Rs 2.26 crore (up 113.21% YoY), while Q4 FY25-26 revenue reached Rs 220.71 crore with full-year net profit of Rs 13.75 crore, nearly double the prior year's Rs 7.19 crore. Operating margins have expanded modestly (9.86% in Q3 FY25 vs. 9.50% in Q3 FY24), reflecting improving operational efficiency alongside the captive wind energy cost structure.
Bannari Amman Spinning Mills firmographics
Firmographics- Name
- Bannari Amman Spinning Mills
- Legal name
- Bannari Amman Spinning Mills Ltd
- Website
- https://bannarimills.com
- Company type
- Public
- Founded year
- 1989
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Bannari Amman Spinning Mills is an India-listed textile manufacturer producing cotton yarn, woven and knitted fabrics, home textiles, and captive wind power, serving B2B textile manufacturers from its Coimbatore base since 1989.
- Ownership category
- akta.pro rank
Bannari Amman Spinning Mills industry classification
Industry- Product category
- Textile Yarn and Fabric Manufacturing
- NAICS
- Fiber, Yarn, and Thread Mills (313110), Apparel Knitting Mills (3151), Broadwoven Fabric Mills (31321)
- SIC
- Broadwoven Fabric Mills, Cotton (2211), Knitting Mills (2250), Textile Mill Products (2200)
- akta.pro primary industry
- Spun Yarn Manufacturing (Ring/Open-End/Compact) (IMAOAAAD)
- akta.pro secondary industries
- Knitted Fabric Mills (IMAOABAB), Technical Fabric Mills (Performance/Protective/Medical Substrates) (IMAOABAH)
Keywords
Where Bannari Amman Spinning Mills is headquartered
LocationHeadquarters
- HQ city
- Coimbatore
- HQ country
- India
- HQ region
- Asia
Markets served
Bannari Amman Spinning Mills business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Infrastructure, Others
Bannari Amman Spinning Mills product offering
Product offeringCore offering
Bannari Amman Spinning Mills manufactures and sells cotton yarn, blended yarn, woven fabrics, knitted fabrics, and home textiles from its Coimbatore-based spinning mill operations. The company also generates wind power as a supplementary business vertical. Its products serve downstream textile manufacturers and fabric producers in domestic and export markets.
Product overview
Bannari Amman Spinning Mills is a textile and spinning mill company based in India that manufactures and sells cotton yarn, blended yarn, and woven fabrics. The company operates in the textile manufacturing sector, producing various counts of cotton and blended yarns for domestic and export markets. Based on the available financial disclosures, the company's revenue streams primarily derive from the sale of textile products including cotton yarn and related spinning mill operations.
Differentiator
Problem solved
Functional benefit
Products and services
- Cotton yarn
- Blended yarn Blended yarn combining cotton with synthetic fibers, produced for textile manufacturers requiring diverse yarn compositions for fabric production.
- Woven fabrics Woven fabrics produced from cotton and blended yarns for downstream apparel and home textile applications.
- Knitted fabrics Knitted fabrics manufactured from spun yarns for apparel and textile applications.
- Home textiles Home textile products manufactured from the company's woven and knitted fabric output for residential and hospitality end-uses.
- Wind power generation Wind power generated as a supplementary energy vertical that supports the company's manufacturing operations and contributes to revenue diversification.
Quantifiable outcome
- Net profit increased 113.21% to Rs 2.26 crore in Q3 FY25
- +1 more outcomes
Companies that use Bannari Amman Spinning Mills
Customer profileSegments1 record
Ideal customer profiles1 record
Bannari Amman Spinning Mills technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Bannari Amman Spinning Mills partnerships and signals
Strategic signalScale indicators6 records
Recent moves2 records
Expansion highlights2 records
Bannari Amman Spinning Mills competitors and assessment
Company assessmentDirect peers
- RSWM Limited: Indian manufacturer of cotton and blended yarns, denim, and knitted fabrics with operations in Rajasthan — directly overlaps with Bannari Amman's cotton yarn, woven, and knitted fabric portfolio.
- Loyal Textile Mills: India-based spinning and weaving company producing cotton yarn, woven fabrics, and home textiles for domestic and export markets — comparable in business model and product portfolio.
- Vardhman Textiles: One of India's largest integrated textile manufacturers producing cotton yarn, woven and knitted fabrics, and home textiles — directly comparable across product mix, scale, and customer segments.
- Trident Limited: Indian integrated textile player manufacturing cotton yarn, terry towels, bed linen, and paper, operating in the same yarn-to-home-textile value chain as Bannari Amman with a comparable B2B go-to-market.
- Nitin Spinners: Indian cotton yarn and knitted fabric manufacturer of comparable size producing spun yarns and fabric for apparel and home textile end-uses — closely matched in product scope and target market.
- Sutlej Textiles and Industries: Indian manufacturer of spun yarn, home textiles, and technical fabrics — overlaps with Bannari Amman's yarn, woven fabric, and home textile offerings and serves similar export-oriented customers.
- Indo Rama Synthetics: Manufacturer of polyester staple fibre, filament yarn, and blended yarns in India — competes in the same spun yarn category but focuses on synthetic inputs rather than cotton.
- Filatex India: Manufacturer of synthetic and blended yarns and knitted fabrics in India — comparable in product mix on the yarn side and overlapping in customer segments serving textile manufacturers.
- Nahar Spinning Mills: Indian spinning mill producing cotton yarn, knitted fabrics, and home textiles, listed on Indian exchanges, serving the same B2B textile manufacturer customer base.
- Pratibha Spinning Mills: Small/mid-cap Indian spinning mill producing cotton and blended yarns — comparable in core spinning operations and B2B customer focus.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
Bannari Amman Spinning Mills social profiles
Digital presenceBannari Amman Spinning Mills financial estimates
Financial estimateRevenue estimate
Valuation estimate
Bannari Amman Spinning Mills leadership team
Management profileNumber of profiles
Profiles1 record
Bannari Amman Spinning Mills funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Bannari Amman Spinning Mills M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Bannari Amman Spinning Mills
What does Bannari Amman Spinning Mills do?
Bannari Amman Spinning Mills manufactures and sells cotton yarn, blended yarn, woven fabrics, knitted fabrics, and home textiles from its Coimbatore-based spinning mill operations. The company also generates wind power as a supplementary business vertical. Its products serve downstream textile manufacturers and fabric producers in domestic and export markets.
Is Bannari Amman Spinning Mills a public or private company?
Bannari Amman Spinning Mills is a public company. It is classified as public and is currently operating.
When was Bannari Amman Spinning Mills founded?
Bannari Amman Spinning Mills was founded in 1989. It employs 501 to 1,000 people.
Where is Bannari Amman Spinning Mills based?
Bannari Amman Spinning Mills is headquartered in Coimbatore, India, in the Asia region.
Who are Bannari Amman Spinning Mills's main competitors?
Direct peers on record are RSWM Limited, Loyal Textile Mills, Vardhman Textiles, Trident Limited, Nitin Spinners, Sutlej Textiles and Industries, Indo Rama Synthetics, Filatex India, Nahar Spinning Mills and Pratibha Spinning Mills.
Does Bannari Amman Spinning Mills have an API?
No public API is recorded for Bannari Amman Spinning Mills.
What industry is Bannari Amman Spinning Mills in?
Bannari Amman Spinning Mills's product category is Textile Yarn and Fabric Manufacturing. Its primary akta.pro industry code is IMAOAAAD, Spun Yarn Manufacturing (Ring/Open-End/Compact), with a secondary code of IMAOABAB, Knitted Fabric Mills. Its NAICS code is 313110 and its SIC code is 2211.