Anik Industries Ltd.

•

anikgroup.comBSE: 519383NSE: ANIKINDS

Market Cap₹ 130 Cr.

Current Price

High / Low₹ 95 / 32

Stock P/E61.4

Book Value₹ 104

Price to Book1.19

Dividend Yield0.00 %

ROCE1.8 %

ROE1.4 %

Face Value₹ 10

Add ratio to table

ABOUT

KEY POINTS

Revenue Breakup Mar 2025 • Others: 91.6% • Realty: 7.2% • Unallocable: 1.2%

AI Sector View

AI GENERATED

Oil Gas & Consumable Fuels

Reduce

Sector economics are clouded by input volatility and uneven volume trends. WPI fuel inflation is very high at 20.05% (Jul/26), crude oil output is -5.3% YoY (2026-07), natural gas is -3.7% YoY (2026-07), and natural gas consumption is -3.0% YoY (2026-06), although refinery products grew 2.7% YoY (2026-07) and coal was 7.6% YoY (2026-07). Heavy FPI outflows of INR -15293 crore over 3 months to 2026-08-31 and negative oil-linked news flow reinforce the underweight.

Confidence

78%

View full sector analysis →

PROS

Company is almost debt free
Strong cash generation - operating cash flow backs reported profits (CFO/PAT 2.64x)
Company generates healthy free cash flow
Company comfortably covers its interest (8.8x coverage)

CONS

Operating cash flow has been negative in recent years
A large part of profit comes from other income (49.4% of PBT)
Company has a low return on capital employed of 2.1%
Company has a low return on equity of 1.1% over last 3 years
Company's sales have been declining over the last five years

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

Oil Gas & Consumable FuelsTradingTrading

Part ofNIFTY 50 NIFTY 500 NIFTY LARGEMIDCAP 250 NIFTY 100 NIFTY 200

S.No.	Name
1.	ADANIENT	2894.80	52.64	391875.62	0.04	-1461.54	-249.67	32923.98	49.92	13.30	15.57
2.	PREMIERENE	999.50	27.25	45372.45	0.10	471.92	53.32	2462.59	35.25	33.72	29.03
3.	CPPLUS	3715.75	92.10	43957.48	0.04	142.20	332.51	1402.42	89.51	29.48	14.52
4.	AEGISLOG	1242.80	34.86	43622.28	0.70	544.84	210.70	2356.86	37.07	19.76	30.28
5.	REDINGTON	363.00	16.68	28378.41	1.65	453.49	94.65	34922.47	34.57	18.96	2.03
6.	HONASA	470.45	61.63	15337.81	0.64	90.45	118.87	755.95	27.00	8.99	14.58
7.	LLOYDSENT	70.95	96.45	10830.89	0.21	109.98	-55.77	563.03	70.15	12.84	18.07
8.	SGMART	825.65	83.70	10406.10	0.00	455.80	1310.71	13085.70	1044.08	10.43	4.49
9.	MMTC	62.14	20.84	9321.00	0.00	104.24	135.52	0.68	-50.00	33.46	-1423.53
10.	ENTERO	1799.70	62.46	7832.85	0.00	52.05	72.17	1940.50	38.23	10.93	5.00
11.	CELLO	346.70	24.48	7658.08	0.43	73.40	-8.99	526.72	-0.43	17.15	18.80
12.	ANIKINDS	46.74	61.36	129.72	0.00	0.23	0.87	13.53	-71.67	1.09	2.42

Detailed Comparison with:

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	18	15	11	56	11	28	29	49	48	72	17	8	14
	14	15	11	60	10	27	28	48	47	71	16	10	13
Operating Profit	4	-1	-0	-3	0	1	1	1	0	1	1	-2	1
OPM %	24.17%	-3.36%	-0.44%	-6.03%	1.98%	4.53%	2.67%	2.28%	0.84%	1.06%	4.64%	-25.75%	4.89%
Other Income	1	0	0	4	1	0	1	0	0	0	0	3	1
Interest	1	0	0	-0	0	0	0	0	0	0	0	0	0
Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0
	4	-1	0	0	1	1	1	1	1	1	1	1	1
Tax %	16.06%	16.07%	-3.85%	1193.10%	12.40%	5.17%	27.73%	6.98%	18.18%	17.58%	16.33%	153.47%	20.66%
Net Profit	4	-0	0	-3	1	1	1	1	1	1	1	-1	1
	1	-0	0	-1	0	0	0	0	0	0	0	-0	0
Equity Capital	28	28	28	28	28	28	28	28	28	28	28	28	28
Reserves	0	0	0	0	0	0	0	0	0	0	0	0	0
Promoter Pledge %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
	365	731	610	605	492	134	244	118	101	116	110
	373	866	606	625	545	133	241	112	94	113	110
Operating Profit	13	-126	31	-9	-45	18	23	10	12	6	—
OPM %	4	-17	5	-1	-9	13	10	9	12	5	—
Other Income	21	9	27	12	8	17	21	4	5	2	5
Interest	5	44	12	13	11	11	7	4	1	1	0
Depreciation	1	1	1	1	1	1	1	1	1	1	0
	7	36	17	-23	-57	6	16	6	4	5	4
Tax %	15	-2	21	33	34	28	36	12	93	14	50
Net Profit	6	36	14	-15	-38	5	10	5	0	4	2
EPS	0	0	0	0	0	2	4	2	0	1	—
Dividend Payout %	0	0	0	0	0	0	0	0	0	0	—
Minority Interest	0	0	0	0	0	0	0	0	0	0	0
Share of Associates	0	0	0	0	0	0	0	0	0	0	0
Adjusted EPS	2	13	5	-5	-14	2	4	2	0	1	—

COMPOUNDED SALES GROWTH

10 Years:: -13%
5 Years:: -25%
3 Years:: -22%

COMPOUNDED PROFIT GROWTH

10 Years:: -9%
5 Years:: —
3 Years:: -27%

STOCK PRICE CAGR

10 Years:: 6%
5 Years:: 19%
3 Years:: 5%
1 Year:: -52%

RETURN ON EQUITY

10 Years:: 1%
5 Years:: 2%
3 Years:: 1%
Last Year:: 1%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
LIABILITIES	-	-	-	-	-	-	-	-	-	-
Equity Capital	28	28	28	28	28	28	28	28	28	28
	238	274	288	273	233	238	248	253	253	257
	122	0	0	6	9	40	84	23	0	0
Trade Payables	597	157	138	142	102	52	6	5	5	4
	114	109	126	210	227	266	260	7	10	1
Total Liabilities	1,100	568	579	658	599	623	626	316	295	290
ASSETS	-	-	-	-	-	-	-	-	-	-
	139	29	21	20	17	16	15	14	13	12
Capital Work in Progress	12	5	5	5	5	0	0	0	0	0
	8	99	111	137	146	147	150	103	103	103
	156	64	72	83	50	54	40	21	6	10
	0	0	0	0	0	0	0	0	78	80
Cash & Bank	58	33	24	28	26	31	19	11	2	2
	726	338	347	386	355	375	403	166	93	83
Total Assets	1,100	568	579	658	599	623	626	316	295	290
Total Debt	130	8	51	68	72	104	87	30	7	4
Net Working Capital	144	160	206	182	118	136	81	106	114	136
Contingent Liabilities	30	28	33	27	45	44	134	136	125	125
Book Value per Share	95.82	108.68	113.67	108.23	94.13	95.74	99.33	101.18	101.29	102.74
Face Value	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	130	-178	-54	14	4	-36	57	34	43	-52
Cash from Investing	-15	373	14	-21	2	25	3	26	-20	56
Cash from Financing	-149	-188	31	4	-6	21	-69	-61	-24	-4
	-34	7	-10	-3	-1	10	-9	-1	-1	0
Free Cash Flow	129	-178	-54	14	4	-36	57	34	43	-52
OCF / Net Profit	23.36	-4.89	-3.90	-0.92	-0.09	-7.99	5.67	6.69	145.36	-13.39
Cumulative 5-Year FCF	0	0	0	0	-86	-251	-16	72	100	45

Ratios

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
PER SHARE
EPS (₹)	2.01	13.11	4.99	-5.48	-13.59	1.64	3.61	1.83	0.11	1.40
Book Value (₹)	95.82	108.68	113.67	108.23	94.13	95.74	99.33	101.18	101.29	102.74
Dividend per Share (₹)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash EPS (₹)	2.32	13.41	5.32	-5.16	-13.27	1.94	3.90	2.12	0.31	1.59
PROFITABILITY
Operating Margin %	3.51%	-17.27%	5.05%	-1.47%	-9.08%	13.39%	9.58%	8.61%	6.95%	2.90%
Net Margin %	1.53%	4.98%	2.27%	-2.51%	-7.66%	3.41%	4.12%	4.30%	0.29%	3.34%
ROE %	2.12%	12.83%	4.48%	-4.94%	-13.44%	1.73%	3.70%	1.82%	0.10%	1.37%
ROCE %	2.76%	22.44%	8.83%	-2.66%	-13.00%	4.85%	6.15%	2.78%	1.77%	1.76%
	0.53%	4.36%	2.41%	-2.46%	-6.00%	0.75%	1.61%	1.08%	0.10%	1.33%
EFFICIENCY
Debtor Days	513	205	152	139	136	378	170	295	294	247
Inventory Days	180	55	41	47	49	143	71	94	50	26
Payable Days	857	268	91	87	93	240	50	23	21	14
	-164	-7	102	98	92	281	191	367	324	258
FINANCIAL HEALTH
Debt to Equity (x)	0.49x	0.03x	0.16x	0.23x	0.28x	0.39x	0.32x	0.11x	0.03x	0.01x
Interest Coverage (x)	2.20x	1.82x	2.40x	-0.76x	-3.99x	1.59x	3.30x	2.61x	5.56x	8.77x
	1.19x	1.61x	1.95x	1.60x	1.39x	1.43x	1.22x	3.19x	5.11x	6.87x
GROWTH
Revenue Growth %	-20.53%	100.43%	-16.57%	-0.84%	-18.54%	-72.85%	82.18%	-51.52%	-14.82%	15.68%
Operating Profit Growth %	-59.07%	-1085.75%	124.40%	-128.88%	-402.83%	140.04%	30.32%	-56.41%	21.69%	-54.76%
Net Profit Growth %	-45.87%	552.28%	-61.98%	-209.87%	-148.20%	112.10%	119.65%	-49.40%	-94.24%	1228.01%
	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-94.24%	1227.42%
VALUATION
P/E (x)	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	405.98x	87.27x
P/B (x)	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.42x	1.19x
Dividend Yield %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	10.06x	60.91x

Shareholding Pattern

Numbers in percentages

	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	37.81	37.81	37.81	37.24	37.24	37.17	39.74	37.14	37.14
FIIs	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03
	2.59	2.59	2.59	2.59	2.59	2.59	0.00	0.00	0.00
	55.57	55.57	55.57	56.13	56.13	56.20	56.14	58.75	58.75

Documents

Corporate disclosures, annual reports, credit ratings, and concall transcripts

2026-08-27

Updates

2026-08-27 - Anik Industries Limited has informed the Exchange regarding ''Board of Directors Comments on fine levied by the Stock Exchange'.'.

2026-08-27

Outcome of Board Meeting

2026-08-27 - Anik Industries Limited has informed the Exchange regarding Outcome of Board Meeting held on August 27, 2026.

2026-08-26

Action(s) taken or orders passed

2026-08-26 - Anik Industries Limited has informed the Exchange about Action(s) taken or orders passed

2026-08-17

Updates

2026-08-17 - Anik Industries Limited has informed the Exchange regarding 'Board of Directors Comments on fine levied by the Stock Exchange'.

2026-08-15

Copy of Newspaper Publication

2026-08-15 - Anik Industries Limited has informed the Exchange about Copy of Newspaper Publication

2026-08-14

Outcome of Board Meeting

2026-08-14 - Anik Industries Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.

2026-08-08

Updates

2026-08-08 - Anik Industries Limited has informed the Exchange regarding 'Report on Re-lodgment of Transfer Requests of Physical Shares'.

2026-07-21

Copy of Newspaper Publication

2026-07-21 - Anik Industries Limited has informed the Exchange about Copy of Newspaper Publication

2026-07-04

Updates

2026-07-04 - Anik Industries Limited has informed the Exchange regarding 'Report on Re-Lodgment of Transfer Request of Physical Shares.'.

News

Recent coverage and analyst commentary for ANIKINDS

Loading news…

🤖

AI Stock Analyst

Anik Industries Ltd.

🔒

Sign in to Chat with AI

✨ Sign In to Chat

Free 5nance Account

Name

ADANIENT

2894.80

52.64

391875.62

0.04

-1461.54

-249.67

32923.98

49.92

13.30

15.57

PREMIERENE

999.50

27.25

45372.45

0.10

471.92

53.32

2462.59

35.25

33.72

29.03

CPPLUS

3715.75

92.10

43957.48

0.04

142.20

332.51

1402.42

89.51

29.48

14.52

AEGISLOG

1242.80

34.86

43622.28

0.70

544.84

210.70

2356.86

37.07

19.76

30.28

REDINGTON

363.00

16.68

28378.41

1.65

453.49

94.65

34922.47

34.57

18.96

2.03

HONASA

470.45

61.63

15337.81

0.64

90.45

118.87

755.95

27.00

8.99

14.58

LLOYDSENT

70.95

96.45

10830.89

0.21

109.98

-55.77

563.03

70.15

12.84

18.07

SGMART

825.65

83.70

10406.10

0.00

455.80

1310.71

13085.70

1044.08

10.43

4.49

MMTC

62.14

20.84

9321.00

0.00

104.24

135.52

0.68

-50.00

33.46

-1423.53

ENTERO

1799.70

62.46

7832.85

0.00

52.05

72.17

1940.50

38.23

10.93

5.00

CELLO

346.70

24.48

7658.08

0.43

73.40

-8.99

526.72

-0.43

17.15

18.80

ANIKINDS

46.74

61.36

129.72

0.00

0.23

0.87

13.53

-71.67

1.09

2.42

Jun 2023

Sep 2023

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Jun 2026

Operating Profit

-1

-0

-3

-2

OPM %

24.17%

-3.36%

-0.44%

-6.03%

1.98%

4.53%

2.67%

2.28%

0.84%

1.06%

4.64%

-25.75%

4.89%

Other Income

Interest

-0

Depreciation

-1

Tax %

16.06%

16.07%

-3.85%

1193.10%

12.40%

5.17%

27.73%

6.98%

18.18%

17.58%

16.33%

153.47%

20.66%

Net Profit

-0

-3

-1

-0

-1

-0

Equity Capital

Reserves

Promoter Pledge %

0.00%

Mar 2016

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

TTM

365

731

610

605

492

134

244

118

101

116

110

373

866

606

625

545

133

241

112

113

110

Operating Profit

-126

-9

-45

—

OPM %

-17

-1

-9

—

Other Income

Interest

Depreciation

-23

-57

Tax %

-2

Net Profit

-15

-38

EPS

—

Dividend Payout %

—

Minority Interest

Share of Associates

Adjusted EPS

-5

-14

—

Mar 2016

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

LIABILITIES

Equity Capital

238

274

288

273

233

238

248

253

257

122

Trade Payables

597

157

138

142

102

114

109

126

210

227

266

260

Total Liabilities

1,100

568

579

658

599

623

626

316

295

290

ASSETS

139

Capital Work in Progress

111

137

146

147

150

103

156

Cash & Bank

726

338

347

386

355

375

403

166

Total Assets

1,100

568

579

658

599

623

626

316

295

290

Total Debt

130

104

Net Working Capital

144

160

206

182

118

136

106

114

136

Contingent Liabilities

134

136

125

Book Value per Share

95.82

108.68

113.67

108.23

94.13

95.74

99.33

101.18

101.29

102.74

Face Value

10.00

Mar 2016

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

130

-178

-54

-36

-52

Cash from Investing

-15

373

-21

-20

Cash from Financing

-149

-188

-6

-69

-61

-24

-4

-34

-10

-3

-1

-9

-1

Free Cash Flow

129

-178

-54

-36

-52

OCF / Net Profit

23.36

-4.89

-3.90

-0.92

-0.09

-7.99

5.67

6.69

145.36

-13.39

Cumulative 5-Year FCF

-86

-251

-16

100

Mar 2016

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

PER SHARE

EPS (₹)

2.01

13.11

4.99

-5.48

-13.59

1.64

3.61

1.83

0.11

1.40

Book Value (₹)

95.82

108.68

113.67

108.23

94.13

95.74

99.33

101.18

101.29

102.74

Dividend per Share (₹)

0.00

Cash EPS (₹)

2.32

13.41

5.32

-5.16

-13.27

1.94

3.90

2.12

0.31

1.59

PROFITABILITY

Operating Margin %

3.51%

-17.27%

5.05%

-1.47%

-9.08%

13.39%

9.58%

8.61%

6.95%

2.90%

Net Margin %

1.53%

4.98%

2.27%

-2.51%

-7.66%

3.41%

4.12%

4.30%

0.29%

3.34%

ROE %

2.12%

12.83%

4.48%

-4.94%

-13.44%

1.73%

3.70%

1.82%

0.10%

1.37%

ROCE %

2.76%

22.44%

8.83%

-2.66%

-13.00%

4.85%

6.15%

2.78%

1.77%

1.76%

0.53%

4.36%

2.41%

-2.46%

-6.00%

0.75%

1.61%

1.08%

0.10%

1.33%

EFFICIENCY

Debtor Days

513

205

152

139

136

378

170

295

294

247

Inventory Days

180

143

Payable Days

857

268

240

-164

-7

102

281

191

367

324

258

FINANCIAL HEALTH

Debt to Equity (x)

0.49x

0.03x

0.16x

0.23x

0.28x

0.39x

0.32x

0.11x

0.03x

0.01x

Interest Coverage (x)

2.20x

1.82x

2.40x

-0.76x

-3.99x

1.59x

3.30x

2.61x

5.56x

8.77x

1.19x

1.61x

1.95x

1.60x

1.39x

1.43x

1.22x

3.19x

5.11x

6.87x

GROWTH

Revenue Growth %

-20.53%

100.43%

-16.57%

-0.84%

-18.54%

-72.85%

82.18%

-51.52%

-14.82%

15.68%

Operating Profit Growth %

-59.07%

-1085.75%

124.40%

-128.88%

-402.83%

140.04%

30.32%

-56.41%

21.69%

-54.76%

Net Profit Growth %

-45.87%

552.28%

-61.98%

-209.87%

-148.20%

112.10%

119.65%

-49.40%

-94.24%

1228.01%

0.00%

-94.24%

1227.42%

VALUATION

P/E (x)

0.00x

405.98x

87.27x

P/B (x)

0.00x

0.42x

1.19x

Dividend Yield %

0.00%

0.00x

10.06x

60.91x

Jun 2024

Sep 2024

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Jun 2026

37.81

37.24

37.17

39.74

37.14

FIIs

0.00

0.03

2.59

0.00

55.57

56.13

56.20

56.14

58.75

Anik Industries Ltd.

AI Sector View

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

Sign in to Chat with AI

Anik Industries Ltd.

AI Sector View

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

Sign in to Chat with AI