Is Anik Industries Ltd (ANIKINDS) a good quality company?

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

Is Anik Industries Ltd (ANIKINDS) undervalued or overvalued?

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 .

What is Anik Industries Ltd (ANIKINDS) share price return in the past 10 years?

Anik Industries Ltd share price has appreciated 3.5% annually (CAGR) over the past ten years.

Is Anik Industries Ltd (ANIKINDS) a good buy now?

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.

What is the share price of Anik Industries Ltd (ANIKINDS)?

Company share prices are keep on changing according to the market conditions. The current trading price of Anik Industries Ltd (ANIKINDS) on 16-Apr-2026 16:59:59 at 16:59 is 43.80.

What is the market cap of Anik Industries Ltd (ANIKINDS)?

Market capitalization is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 16-Apr-2026 at 16:59, the market cap of Anik Industries stood at Rs. 130.16 Cr.

What is the P/E ratio of Anik Industries?

The latest standalone P/E ratio of Anik Industries as of 16-Apr-2026 is 44.88.

What is the P/B ratio of Anik Industries Ltd (ANIKINDS)?

The latest standalone P/B ratio of Anik Industries Ltd (ANIKINDS) as of 16-Apr-2026 is 0.45.

What is the 52-week high and low of Anik Industries Ltd (ANIKINDS)?

The 52-week high of Anik Industries Ltd (ANIKINDS) is Rs. 125.75 and the 52-week low is Rs. 32.50.

What is the TTM revenue of Anik Industries Ltd (ANIKINDS)?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Anik Industries is Rs. 184.76 (Cr.).

Anik Industries Ltd (ANIKINDS) Share Analysis – Quality, Valuation Zone & Price Trend & DeciZen Rating

Name: Anik Industries Ltd (ANIKINDS)
Brand: Anik Industries

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

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	2.8%	22.4%	8.8%	-2.7%	-13%	4.9%	6.2%	2.8%	1.8%	1.8%	-
Value Creation Index ⓘ	-0.8	0.6	-0.4	-1.2	-1.9	-0.7	-0.6	-0.8	-0.9	-0.9	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	365	731	610	605	492	134	244	118	101	116	185
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	-14.2	0.3	2.9	2.4	1.7	1.2	1
YoY Gr.	-	-1816.4%	NA	NA	NA	NA	1019.2%	-18.6%	-26.6%	-29.9%	-
BVPS (₹) ⓘ	95.8	108.7	113.7	108.2	94.1	95.7	99.3	101.2	101.3	102.7	103.5
Adj Net Profit ⓘ	6.3	-108	-0.6	-17.9	-39.3	0.7	8.1	6.6	4.8	3.4	3
Cash Flow from Ops. ⓘ	130	-178	-54	14.1	3.5	-36.5	56.8	33.9	42.5	-52	-
Debt/CF from Ops. ⓘ	1	-0	-1	4.8	20.5	-2.9	1.5	0.9	0.2	-0.1	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	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%
BVPSⓘ	0.8%	1.8%	1.1%	1.4%
Share Price	3.5%	25.6%	11%	-61.4%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	2.4	-37.9	-0.2	-5.8	-14	0.3	3	2.4	1.7	1.2	1
Op. Profit Mgn % ⓘ	-1.4	-18.2	0.7	-3.3	-10.6	1.3	1.8	7	7	3.2	1.7
Net Profit Mgn % ⓘ	1.7	-14.7	-0.1	-3	-8	0.5	3.3	5.6	4.8	2.9	1.6
Debt to Equity ⓘ	0.5	0	0.2	0.2	0.3	0.4	0.3	0.1	0	0	-
Working Cap Days ⓘ	831	321	246	268	324	1,138	653	974	661	548	126
Cash Conv. Cycle ⓘ	-339	-14	104	99	90	298	192	368	324	260	107

Recent Performance Summary

Sales growth is good in last 4 quarters at 112.80%

Return on Equity has declined versus last 3 years average to 1.00%

Sales growth has been subdued in last 3 years -21.83%

Net Profit has been subdued in last 3 years -25.16%

	Standalone	Consolidated
TTM EPS (₹)	1	0.6
TTM Sales (₹ Cr.)	185	185
BVPS (₹) ⓘ	103.5	139.9
Reserves (₹ Cr.) ⓘ	259	361
P/BV ⓘ	0.45	0.34
PE ⓘ	44.88	75.90

From the Market
52 Week Low / High (₹)	32.50 / 125.75
All Time Low / High (₹)	1.85 / 131.90
Market Cap (₹ Cr.)	130
Equity (₹ Cr.)	27.8
Face Value (₹)	10
Industry PE ⓘ	24.9

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	365	731	610	605	492	134	244	118	101	116
Operating Expenses ⓘ +	373	866	606	625	545	133	241	112	94	113
Manufacturing Costs	1	1	1	0	0	0	0	0	0	0
Material Costs	231	514	591	587	478	117	213	91	87	108
Employee Cost	5	4	4	4	4	3	3	3	3	1
Other Costs ⓘ	136	346	10	34	62	12	24	18	4	3
Operating Profit ⓘ	-8	-135	4	-21	-53	1	2	6	7	3
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 ⓘ +	21	9	27	12	8	17	21	4	5	2
Exceptional Items ⓘ	0	206	0	0	0	0	0	0	-7	0
Interest ⓘ	5	44	12	13	11	11	7	4	1	1
Depreciation ⓘ	1	1	1	1	1	1	1	1	1	1
Profit Before Tax ⓘ	7	36	17	-23	-57	6	16	6	4	5
Tax ⓘ	1	-1	4	-7	-19	2	6	1	4	1
Profit After Tax	6	36	14	-15	-38	5	10	5	0	4
PAT Margin (%)	1.5%	5.0%	2.3%	-2.5%	-7.7%	3.4%	4.1%	4.3%	0.3%	3.3%
Adjusted EPS (₹)	2.0	13.1	5.0	-5.5	-13.6	1.6	3.6	1.8	0.1	1.4
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	266	302	315	300	261	266	276	281	281	285
Share Capital ⓘ	28	28	28	28	28	28	28	28	28	28
Reserves ⓘ	238	274	288	273	233	238	248	253	253	257
Debt +	121	4	47	68	72	104	50	27	4	0
Long Term Debt	8	4	47	62	64	65	3	7	4	0
Short Term Debt	113	0	0	6	9	40	47	20	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	597	157	138	142	102	52	6	5	5	4
Others Liabilities ⓘ	115	105	79	148	163	201	294	3	6	1
Total Liabilities ⓘ	1,100	568	579	658	599	623	626	316	295	290
Fixed Assets
Net Fixed Assets ⓘ +	139	29	21	20	17	16	15	14	13	12
Gross Block	194	29	22	22	22	22	21	21	21	17
Accumulated Depreciation	55	1	2	3	5	6	6	7	7	5
CWIP ⓘ	12	5	5	5	5	0	0	0	0	0
Investments ⓘ	8	99	111	137	146	147	150	103	103	103
Inventories	156	64	72	83	50	54	40	21	6	10
Trade Receivables	565	258	250	210	156	120	106	85	78	80
Cash Equivalents	58	33	24	28	26	31	19	11	2	2
Others Assets ⓘ	162	80	97	176	198	254	297	82	93	83
Total Assets ⓘ	1,100	568	579	658	599	623	626	316	295	290

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	130	-178	-54	14	4	-36	57	34	43	-52
PBT ⓘ	3	72	17	-23	-57	6	16	6	4	5
Adjustment ⓘ	90	-269	-11	25	57	-5	-11	1	-2	-0
Changes in Working Capital ⓘ	40	-25	-51	16	5	-38	52	28	41	-56
Tax Paid ⓘ	-2	-0	-9	-4	-1	-0	-0	-1	-1	-0
Cash Flow From Investing Activity ⓘ +	-15	373	14	-21	2	25	3	26	-20	56
Capex	-2	-0	28	-0	-0	11	1	-31	0	2
Net Investments	7	327	-12	-12	-7	-1	-2	0	0	0
Others ⓘ	-21	46	-2	-9	9	14	4	57	-20	55
Cash Flow From Financing Activity ⓘ +	-149	-188	31	4	-6	21	-69	-61	-24	-4
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	-100	43	17	5	32	-63	-57	-3	-4
Interest Paid ⓘ	-6	-42	-12	-13	-11	-11	-7	-4	-1	-1
Dividend Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Others ⓘ	-143	-46	-0	-0	0	0	0	0	-19	0
Net Cash Flow ⓘ	-34	7	-10	-3	-1	10	-9	-1	-1	0

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	2.12	12.83	4.48	-4.94	-13.44	1.73	3.7	1.82	0.1	1.37
ROCE (%)	2.76	22.44	8.83	-2.66	-13	4.85	6.15	2.78	1.77	1.76
Asset Turnover Ratio	0.35	0.88	1.06	0.98	0.78	0.22	0.39	0.25	0.33	0.4
PAT to CFO Conversion(x)	21.67	-4.94	-3.86	N/A	N/A	-7.2	5.7	6.8	N/A	-13
Working Capital Days
Receivable 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

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 Companyâ€™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.

Build a Stress-Tested Portfolio.

Our Sapphire Advisory uses the ABC Concept to ensure you never have to panic during a market correction.

Core Stocks

STABILITY

Booster Stocks

GROWTH

Amplifier Stocks

ASYMMETRY

● Conflict-Free ● SEBI Registered ● 15Y+ Track Record

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

Anik Industries Ltd (ANIKINDS) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Anik Industries Share Price