Is Bannari Amman Spinning Mills Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Bannari Amman Spinning Mills Ltd (BASML.NS) is currently classified as NOT HALAL as of January 2026. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Bannari Amman Spinning Mills Ltd a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Bannari Amman Spinning Mills Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Bannari Amman Spinning Mills Ltd?

Muslim investors may consider investing in Bannari Amman Spinning Mills Ltd if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Bannari Amman Spinning Mills Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Bannari Amman Spinning Mills Ltd by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Bannari Amman Spinning Mills Ltd updated?

The Shariah compliance status of Bannari Amman Spinning Mills Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Bannari Amman Spinning Mills Ltd become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of Bannari Amman Spinning Mills Ltd?

You can check the latest Shariah compliance status of Bannari Amman Spinning Mills Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

BASML.NS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 10, 2026

Report Source: 2026 2nd Quarter Report

Bannari Amman Spinning Mills Ltd. Stock Analysis BASML.NS

India Consumer Discretionary Nano Cap Report: Q2, 2026

Bannari Amman Spinning Mills Ltd. engages in the provision of manufacture and marketing of cotton yarn, woven and knitted fabrics, processing of fabrics, finished garments, home textiles, and wind power generation. The firm is engaged in the manufacturing of cotton yarn, woven and knitted fabrics, finished garments, home textiles and wind power generation. The firm's retails business offers innerwear and active wear brand for women, men and kids in the name of BITZ. The firm has around two spinning units near Dindigul, Tamil Nadu with an installed capacity of approximately 145440 spindles; weaving and home textiles units at Karanampettai near Palladam with an installed capacity of 153 looms; processing unit at SIPCOT, Perundurai with an installed capacity to process 5400 tons of fabric per annum; knitting unit at Karanampettai near Palladam with installed capacity to produce 7200 tons of knitted fabric per annum; garment units at Palladam Hi-tech weaving park, and 27 windmills with an installed capacity of 23.40 megawatts (MW) green power which is entirely used for captive consumption.

Key Statistics of Bannari Amman Spinning Mills Ltd (BASML.NS)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

₹23.73₹24.78

Today's Open

₹23.75

Volume

31.15K

P/E Ratio (TTM)

26.49

52 Week Range

₹17.05₹38.20

Market Cap

1.99B

Avg. Volume

105.81K

Dividend Yield

Financial Metrics & Statements of Bannari Amman Spinning Mills Ltd (BASML.NS)

FAQ's for Bannari Amman Spinning Mills Ltd (BASML.NS)

According to Musaffa’s Shariah screening methodology, Bannari Amman Spinning Mills Ltd (BASML.NS) is currently classified as NOT HALAL as of January 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.