SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Anupam Rasayan India Ltd (ANURAS)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 543275 NSE: ANURAS Chemicals | Small Cap | Anupam Rasayan India Share Price

₹1,342.55 15.95 (1.20%)

As on 04-Jun'26 16:59

Anupam Rasayan India Ltd (ANURAS)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 543275 NSE: ANURAS Chemicals | Small Cap | Anupam Rasayan India Share Price

₹1,342.55 15.95 (1.20%)

As on 04-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹15,285 Cr.
Current Price
₹1,342.6
52-Week Low / High
₹997 / 1,415
TTM EPS
₹14.2
TTM Sales
₹1,676 Cr.
Book Value per Share
₹284.2
P/E Ratio
94.70
Higher than its 5-year historical median
Industry PE
50.2
Price to Book (P/B)
4.72
Higher than its 5-year historical median
Price to Sales (P/S)
9.12
Higher than its 5-year historical median
EV/EBITDA
39.38
Higher than its 5-year historical median
Dividend Yield
0.10%
Profitability Efficiency
Return on Equity (ROE)
2.72%
Underperforms industry median
Return on Capital Employed (ROCE)
4.80%
Underperforms industry median
Return on Assets (ROA)
1.57%
Operating Profit Margin
29.6%
Net Profit Margin
8.11%
Gross Profit Margin
19.2%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-20.63%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
-15.12%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
-38.04%
Asset Quality
Promoter Holding
59.07%
Pledged shares (%) of Promoter's holding (%)
17.11%
Reserves
₹3,121 Cr.
Equity
₹113.9 Cr.
Face Value
₹10
All Time Low / High
₹472.25 / 1415.40

Anupam Rasayan India stock performance

Key Ratios
mw4me loader

Check Before You Invest

Valuation

Somewhat Overvalued

Price Trend

Semi Strong
Q.1 Is Anupam Rasayan India Ltd a good quality company?
Anupam Rasayan India Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Anupam Rasayan India Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Anupam Rasayan India Ltd vs industry peers?
Anupam Rasayan India Ltd revenue CAGR is 11.12%, compared to the industry median CAGR of 7.53%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Anupam Rasayan India Ltd?
Promoters hold 59.07% of the Anupam Rasayan India Ltd, with 17.11% of their stake pledged, indicating high pledge risk.
Q.1 Stock return of Anupam Rasayan India Ltd over the last decade?
Over the last 5 year(s), the stock has delivered a CAGR of 12.47% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Anupam Rasayan India Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 22.2%13.3%8.8%8.8%9%10%11.2%10.7%7.6%4.8%-
Value Creation
Index
0.60.0-0.4-0.4-0.3-0.3-0.2-0.2-0.4-0.6-

Growth Parameters

Sales 2882883435025298111,0741,2841,1298961,676
Sales YoY Gr.-0%18.9%46.3%5.5%53.3%32.4%19.6%-12.1%-20.6%-
Adj EPS 8.66.789.911.36.214.817.4106.914.2
YoY Gr.--22.4%19.6%24.3%14.2%-45.4%139.3%17.2%-42.3%-31.2%-
BVPS (₹) 29.548.886.396.4113157.3171.6218.5240.7246.6284.2
Adj Net
Profit
4333.439.949.656.661.914918711075.8161
Cash Flow from Ops. 68.817.1-20.542.494.80.9-17124421.8-64.8-
Debt/CF from Ops. 4.118.3-20.715.68.6432.6-4.63.246.7-19.6-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 13.4%11.1%-5.9%-20.6%
Adj EPS -2.4%-9.5%-22.5%-31.2%
BVPS26.6%16.9%12.9%2.5%
Share Price - 11.8% 5.9% 28.8%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
33.716.811.310.310.35.799.14.32.75.3
Op. Profit
Mgn %
27.924.421.818.625.423.828.328.627.229.624.2
Net Profit
Mgn %
14.911.611.69.910.77.613.814.59.78.59.6
Debt to
Equity
1.91.30.91.31.40.30.50.30.40.50.1
Working Cap
Days
155227302291349318362396576944270
Cash Conv.
Cycle
508312315217316022123930747767

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales2882883435015298111,0741,2841,129896
Operating Expenses + 208218268408400618770917822635
Manufacturing Costs543439104130203288273266192
Material Costs118123158257211340371513426318
Employee Cost 12131618213249545450
Other Costs 24485629384362767575
Operating Profit 80707593129193304367307261
Operating Profit Margin (%) 27.7%24.4%21.8%18.6%24.4%23.8%28.3%28.6%27.2%29.1%
Other Income + 8116191727722618
Exceptional Items 0000000000
Interest 222115244569316287107
Depreciation 13151823295260667291
Profit Before Tax 54454966719922024217481
Tax 111091618306974568
Profit After Tax 43354050537015116911773
PAT Margin (%) 14.8%12.1%11.6%10.0%10.0%8.6%14.0%13.1%10.4%8.1%
Adjusted EPS (₹)8.57.08.010.110.67.015.015.710.76.6
Dividend Payout Ratio (%)5.90%0%0%0%0%7.20%10%15.90%11.70%11.30%

Valuation of Anupam Rasayan India - Standalone

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 1472504565065931,5721,7212,3482,6422,711
Share Capital 5056757578100100107110110
Reserves 971943824325151,4721,6202,2412,5322,601
Debt +2532803816097612907035918941,192
Long Term Debt164223268455525247494355195164
Short Term Debt8957112154237432082366981,028
Minority Interest0000000000
Trade Payables34536274130199226284388550
Others Liabilities 475090136184243237346427428
Total Liabilities 4816329891,3251,6692,3042,8863,5694,3514,881

Fixed Assets

Net Fixed Assets +2593133816829781,1161,2031,2401,2771,849
Gross Block3053744607831,0991,2881,4281,5351,6412,304
Accumulated Depreciation466179101121172225295365456
CWIP 64882481831014243113579206
Investments 222000148158159159
Inventories751031731952974918638809911,355
Trade Receivables225688121129205280373545652
Cash Equivalents 15129102729621055127989
Others Assets 445988134136153139252521572
Total Assets 4816329891,3251,6692,3042,8863,5694,3514,881

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 6917-2142951-17124422-65
PBT 54454966719922024217481
Adjustment 343632508112085146142188
Changes in Working Capital -19-64-93-61-48-201-441-90-265-320
Tax Paid 00-9-13-9-17-35-54-29-14
Cash Flow From Investing Activity + -168-93-246-261-178-192-412-478-362-286
Capex -168-93-247-258-180-145-147-207-624-307
Net Investments -0-0012-47-265-27326119
Others 001-40-00122
Cash Flow From Financing Activity + 10073266209102416384376398192
Net Proceeds from Shares 0681490094474811893
Net Proceeds from Borrowing 107584618743-234257-149-151-21
Interest Paid -21-21-15-24-44-69-31-58-82-99
Dividend Paid -300000-10-20-22-8
Others 16-328547103-225160122462316
Net Cash Flow 0-3-1-919224-19914258-160

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)33.4617.7911.811110.126.549.168.284.72.72
ROCE (%)22.1913.338.838.799.049.9711.2110.737.574.8
Asset Turnover Ratio0.780.520.420.430.350.410.410.40.280.19
PAT to CFO Conversion(x)1.60.49-0.530.841.790.01-1.131.440.19-0.89
Working Capital Days
Receivable Days29.1049.1076.8076.1086.3075.4082.5092.90148.40243.80
Inventory Days79.50113.10146.80133.90169.80177.30230.20247.70302.60477.90
Payable Days104.20127.60132.8096.30176.10176.40209181.50287.80537.90

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *9.299.2910.7813.7516.4719.5217.5117.5115.9917.11
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Anupam Rasayan India Ltd FAQs

The current trading price of Anupam Rasayan India on 04-Jun-2026 16:59 is ₹1,342.6.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 03-Jun-2026 the market cap of Anupam Rasayan India stood at ₹15,284.7 Cr

The latest P/E ratio of Anupam Rasayan India as of 03-Jun-2026 is 94.70.

The latest P/B ratio of Anupam Rasayan India as of 03-Jun-2026 is 4.72.

The 52-week high of Anupam Rasayan India is ₹1,415.4 and the 52-week low is ₹997.1.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Anupam Rasayan India is ₹1,676 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Anupam Rasayan India Ltd is a below average quality company.

The key valuation ratios of Anupam Rasayan India Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Anupam Rasayan India Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About Anupam Rasayan India Ltd

Anupam Rasayan India is one of the leading companies engaged in the custom synthesis and manufacturing of specialty chemicals in India. It commenced business as a partnership firm in 1984 as a manufacturer of conventional products and has, over the years, evolved into custom synthesis and manufacturing of life science related specialty chemicals and other specialty chemicals, which involve multi-step synthesis and complex technologies, for a diverse base of Indian and global customers. Its key focus in its custom synthesis and manufacturing operations is developing in-house innovative processes for manufacturing products requiring complex chemistries and achieving cost optimization.

Business area of the company

The company has two distinct business verticals (i) life science related specialty chemicals comprising products related to agrochemicals, personal care and pharmaceuticals, and (ii) other specialty chemicals, comprising specialty pigment and dyes, and polymer additives.

Awards and Accreditations

  • 2016: Awarded ‘Green Innovation Award’ by Corning Reactor Technology for the year 2015.

Major events and milestones

  • 1984: The company was initially formed as a partnership firm as ‘Anupam Rasayan’ to commence the business of manufacture and sale of chemicals.
  • 2003: The partnership firm was converted into a joint stock company and was registered as a public limited company under the Companies Act 1956 under the name of ‘Anupam Rasayan India Limited’.
  • 2010: Started supplying specialty chemicals to Syngenta Asia Pacific Pte Ltd in Singapore.
  • 2014; Purchased the entire lease hold rights over the property and manufacturing facility at Jhagadia, Gujarat from Krishna Solvechem pursuant to a Deed of Conveyance  dated August 13, 2014 and an Asset Transfer Agreement dated May 16, 2014 respectively.
  • 2015: Received consent to establish for setting up industrial plant at Jhagadia Unit-5 from GPCB.
  • 2016: KPI LLC made its first tranche of investment in company.
  • 2017: Commenced supply of speciality chemicals to Sumitomo Chemical Company in Japan.
  • 2018: KPI LLC invested $35 million as an external commercial borrowing in company.
  • 2019: Received consolidated consents and authorisation for Jhagadia Unit - 5 and Sachin Unit-6, both from GPCB.
  • 2020: Received consolidated consent and authorisation for the research and development centre on Sachin Unit-6 from GPCB.
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×