Past performance
About Bannari Amman Spinning Mills Ltd Bannari Amman Spinning Mills Limited, part of the Coimbatore-based Bannari Amman Group, was established on July 10, 1989. It specializes in manufacturing cotton yarn, woven and knitted fabrics, home textiles, and garments, with a robust infrastructure including two spinning units, a weaving unit, and a processing unit in Tamil Nadu. The company also operates garment units and 27 windmills with a total capacity of 23.40 MW for captive power consumption.
Initially commencing operations in 1986, the company has expanded significantly with milestones such as ISO 9001:2000 certification, a public issue in 2005-06, and a joint venture forming Bannari Amman Apparel Pvt Ltd. The company has augmented its production capacities for fabric and wind energy and introduced innovative products like 'Quick Dry'. The retail division launched under the brand 'BITZ' commenced in 2016-17. The company is listed on the Bombay and National Stock Exchanges, highlighting its strong market presence.
Performance overview