Anik Industries Ltd Stock Analysis

BSE: 519383 | NSE: ANIKINDS | Consumer Food | Small Cap

BSE Share Price 27-Jan-2023 18:01
37.00 -1.10 (-2.89%)

DeciZen - Make an Informed Decision on Anik Industries

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity

1. Quality

2. Valuation

Overvalued

3. Price Trend

Semi Strong

Anik Industries Price Chart

P/E Ratio ( SA) :
9.31
Market Cap :
102.7 Cr.
52-wk low :
23.9
52-wk high :
51.1
Bole Toh?

1. Is Anik Industries Ltd 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.

2. Is Anik Industries Ltd 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 Overvalued zone.

3. Is Anik Industries Ltd 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.

10 Year X-Ray of Anik Industries:

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

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 9.2%7.9%5.5%2.3%-21.8%2.4%-2.4%-8.9%2.4%3.7%-
Value Creation Index -0.3-0.4-0.6-0.8-2.6-0.8-1.2-1.6-0.8-0.7-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1,2641,448459365731610605492134244216
YoY Gr. Rt. %-14.6%-68.3%-20.5%100.4%-16.6%-0.8%-18.5%-72.9%82.2%-
Adj EPS 4.7-1.84.42.3-38.8-0.2-6.5-14.20.32.94
YoY Gr. Rt. %--137.1%NA-48.9%-1816.4%NANANANA1019.2%-
BVPS (₹) 86.490.493.895.8108.7113.7108.294.195.799.3101.4
Adj Net Profit 13.2-4.912.36.3-108-0.6-17.9-39.30.78.111
Cash Flow from Ops. 65.547.29.4130-178-5414.13.5-36.556.8-
Debt/CF from Ops. 3.23.922.31-0-14.820.5-2.90.7-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -16.7%-19.7%-26.1%82.2%
Adj EPS -5.3%NANA1019.2%
BVPS 1.6-1.8-2.83.8
Share Price 0.3% -2.6% 48.9% -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 5.6-24.82.4-37.9-0.2-5.8-140.334
Op. Profit Mgn % 3.12.22.3-1.4-18.20.7-3.3-10.61.31.81.7
Net Profit Mgn % 1-0.32.71.7-14.7-0.1-3-80.53.35.1
Debt to Equity 0.90.70.80.500.20.20.30.40.20
Working Cap Days 1871645868313212462683241,138653925
Cash Conv. Cycle 8754154-339-141049990298155473

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 4.00%

Sales growth is good in last 4 quarters at 12.30%

Sales growth has been subdued in last 3 years -26.14%

Net Profit has been subdued in last 3 years 0.00%

Latest Financials - Anik Industries Ltd.

Standalone Consolidated
TTM EPS (₹) 4 4.2
TTM Sales (₹ Cr.) 216 216
BVPS (₹.) 101.4 138.5
Reserves (₹ Cr.) 254 357
P/BV 0.36 0.27
PE 9.31 8.77
From the Market
52 Week Low / High (₹) 23.85 / 51.05
All Time Low / High (₹) 1.85 / 116.90
Market Cap (₹ Cr.) 103
Equity (₹ Cr.) 27.8
Face Value (₹) 10
Industry PE 61.4

Management X-Ray of Anik Industries :

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 (%)

Event Update

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Anik Industries

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Anik Industries Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Anik Industries on 27-Jan-2023 18:01 is : 37.00.
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 27-Jan-2023 18:01 the market cap of Anik Industries stood at ₹ 102.7.
The latest PE ratio of Anik Industries as of 27-Jan-2023 18:01 is 9.31.
The latest PB ratio of Anik Industries as of 27-Jan-2023 18:01 is 0.36
The 52-week high of Anik Industries is ₹ 51.05 and the 52-week low is ₹ 23.85.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Anik Industries is ₹ 216.3 ( Cr.) .

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.

Read More Read Less
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 | Register Now