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Anik Industries Ltd (ANIKINDS)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 519383 NSE: ANIKINDS Trading | Small Cap | Anik Industries Share Price

₹44.37 -0.13 (-0.29%)

As on 10-Jun'26 16:59

Anik Industries Ltd (ANIKINDS)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 519383 NSE: ANIKINDS Trading | Small Cap | Anik Industries Share Price

₹44.37 -0.13 (-0.29%)

As on 10-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹123 Cr.
Current Price
₹44.4
52-Week Low / High
₹33 / 116
TTM EPS
₹1
TTM Sales
₹185 Cr.
Book Value per Share
₹103.5
P/E Ratio
42.46
Higher than its 5-year historical median
Industry PE
35.7
Price to Book (P/B)
0.43
In line with its 5-year historical median
Price to Sales (P/S)
0.67
Lower than its 5-year historical median
EV/EBITDA
28.54
Higher than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
1.37%
Underperforms industry median
Return on Capital Employed (ROCE)
1.76%
Underperforms industry median
Return on Assets (ROA)
1.33%
Operating Profit Margin
3.2%
Net Profit Margin
3.34%
Gross Profit Margin
4.3%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
15.68%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
-51.79%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
1237.93%
Asset Quality
Promoter Holding
37.14%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹259 Cr.
Equity
₹27.8 Cr.
Face Value
₹10
All Time Low / High
₹1.85 / 131.90

Anik Industries stock performance

Key Ratios
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Quality

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Valuation

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Price Trend

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Q.1 Is Anik Industries Ltd a good quality company?
Anik Industries 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 Anik Industries Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Anik Industries Ltd vs industry peers?
Anik Industries Ltd revenue CAGR is -25.06%, compared to the industry median CAGR of 0%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Anik Industries Ltd?
Promoters hold 37.14% of the Anik Industries Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Anik Industries Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 3.7% based on the current price.

10 Year X-Ray : Login to view analysis.

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.
Anik Industries 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 % 2.8%22.4%8.8%-2.7%-13%4.9%6.2%2.8%1.8%1.8%-
Value Creation
Index
-0.80.6-0.4-1.2-1.9-0.7-0.6-0.8-0.9-0.9-

Growth Parameters

Sales 365731610605492134244118101116185
Sales YoY Gr.-100.4%-16.6%-0.8%-18.5%-72.9%82.2%-51.5%-14.8%15.7%-
Adj EPS 2.3-38.8-0.2-6.5-14.20.32.92.41.71.21
YoY Gr.--1816.4%NANANANA1019.2%-18.6%-26.6%-29.9%-
BVPS (₹) 95.8108.7113.7108.294.195.799.3101.2101.3102.7103.5
Adj Net
Profit
6.3-108-0.6-17.9-39.30.78.16.64.83.43
Cash Flow from Ops. 130-178-5414.13.5-36.556.833.942.5-52-
Debt/CF from Ops. 1-0-14.820.5-2.91.50.90.2-0.1-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales -11.9%-25.1%-21.8%15.7%
Adj EPS -6.6%NA-25.2%-29.9%
BVPS0.8%1.8%1.1%1.4%
Share Price 5.1% 16.5% 10.3% -59.8%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
2.4-37.9-0.2-5.8-140.332.41.71.21
Op. Profit
Mgn %
-1.4-18.20.7-3.3-10.61.31.8773.21.7
Net Profit
Mgn %
1.7-14.7-0.1-3-80.53.35.64.82.91.6
Debt to
Equity
0.500.20.20.30.40.30.100-
Working Cap
Days
8313212462683241,138653974661548126
Cash Conv.
Cycle
-339-141049990298192368324260107

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales365731610605492134244118101116
Operating Expenses + 37386660662554513324111294113
Manufacturing Costs1110000000
Material Costs2315145915874781172139187108
Employee Cost 5444433331
Other Costs 13634610346212241843
Operating Profit -8-1354-21-5312673
Operating Profit Margin (%) -2.2%-18.5%0.7%-3.4%-10.7%0.7%1.0%4.9%7.0%2.9%
Other Income + 219271281721452
Exceptional Items 0206000000-70
Interest 544121311117411
Depreciation 1111111111
Profit Before Tax 73617-23-57616645
Tax 1-14-7-1926141
Profit After Tax 63614-15-38510504
PAT Margin (%) 1.5%5.0%2.3%-2.5%-7.7%3.4%4.1%4.3%0.3%3.3%
Adjusted EPS (₹)2.013.15.0-5.5-13.61.63.61.80.11.4
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of Anik Industries - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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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 + 266302315300261266276281281285
Share Capital 28282828282828282828
Reserves 238274288273233238248253253257
Debt +1214476872104502740
Long Term Debt84476264653740
Short Term Debt113006940472000
Minority Interest0000000000
Trade Payables597157138142102526554
Others Liabilities 11510579148163201294361
Total Liabilities 1,100568579658599623626316295290

Fixed Assets

Net Fixed Assets +139292120171615141312
Gross Block194292222222221212117
Accumulated Depreciation55123566775
CWIP 12555500000
Investments 899111137146147150103103103
Inventories15664728350544021610
Trade Receivables565258250210156120106857880
Cash Equivalents 583324282631191122
Others Assets 1628097176198254297829383
Total Assets 1,100568579658599623626316295290

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 130-178-54144-36573443-52
PBT 37217-23-57616645
Adjustment 90-269-112557-5-111-2-0
Changes in Working Capital 40-25-51165-38522841-56
Tax Paid -2-0-9-4-1-0-0-1-1-0
Cash Flow From Investing Activity + -1537314-21225326-2056
Capex -2-028-0-0111-3102
Net Investments 7327-12-12-7-1-2000
Others -2146-2-9914457-2055
Cash Flow From Financing Activity + -149-188314-621-69-61-24-4
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0-1004317532-63-57-3-4
Interest Paid -6-42-12-13-11-11-7-4-1-1
Dividend Paid 0000000000
Others -143-46-0-00000-190
Net Cash Flow -347-10-3-110-9-1-10

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)2.1212.834.48-4.94-13.441.733.71.820.11.37
ROCE (%)2.7622.448.83-2.66-134.856.152.781.771.76
Asset Turnover Ratio0.350.881.060.980.780.220.390.250.330.4
PAT to CFO Conversion(x)21.67-4.94-3.86N/AN/A-7.25.76.8N/A-13
Working Capital Days
Receivable Days512.80205.50152138.70135.80377.90169.90295.20294.20247.20
Inventory Days179.9055.1040.9046.7049.30142.9070.6094.4050.1025.50
Payable Days856.60267.7091.2087.1093.30240.1049.7022.9020.6014.30

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Anik Industries Ltd FAQs

The current trading price of Anik Industries on 10-Jun-2026 16:59 is ₹44.37.

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 09-Jun-2026 the market cap of Anik Industries stood at ₹123.1 Cr

The latest P/E ratio of Anik Industries as of 09-Jun-2026 is 42.46.

The latest P/B ratio of Anik Industries as of 09-Jun-2026 is 0.43.

The 52-week high of Anik Industries is ₹116.0 and the 52-week low is ₹32.50.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Anik Industries is ₹185 ( Cr.) .

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

The key valuation ratios of Anik Industries 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 Anik Industries Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About Anik Industries Ltd

Anik Industries, belongs to Ruchi group, is engaged in Food Products business,it was incorporated in 1976 as Anik Industries Pvt. Ltd.

Anik Industries Pvt. Ltd joined with Madhya Pradesh Glychem Industries Ltd. (MPGIL) to bring about a revolutionary new venture Anik Industries Ltd. In the very first year of its inception, the company recorded a turnover of Rs. 218 Crore.

Synergizing forces, production and distribution network, the company is already a force to reckon with in Dairy and Milk derivative products, Wind Power, Soya Protein Isolate & Concentrate plans underway to diversify into food processing in a big way, Anik Industries Ltd. shall take the market by storm with its high quality packaged food products, leaving thousands of farmers smiling and prosperous in its wake.

Anik Industries operates under three segments: dairy products, which include milk, ghee, milk powder and other dairy products; wind power, which includes wind power generation, and other segment includes trading of coal, agri commodities and edible oils.

The Company market its product under the brand name, Sourabh. Other brands of the Company include Anik spray, skimmed milk powder, Anik Anytime, Anik Madhur and dairy mixes.

The Company’s subsidiaries include Anik Energy Pvt. Ltd. and Anik Ferro-Alloys Pvt. Ltd. In April 2010, the Company announced that it purchased 60% interest in Anik Ferro-Alloys Pvt. Ltd. and Anik Energy Pvt. Ltd.

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