Anik Industries Ltd

Anik Industries Ltd

₹ 56.5 3.36%
30 Apr 10:52 a.m.
About

Anik Industries Ltd is primarily engaged in the business of trading of Agri- Commodities, Edible oil & Vanaspati, Property Development, Windpower Generation & others. [1]

Key Points

Business Segment
Real Estate (Less than 1%) - Construction and Development of Housing Project.
Wind Power Unit (43%) - Wind Turbine Power Unit.
Others (56%) - Trading of Coal, Agri Commodities, Edible Oils etc. [1]

  • Market Cap 157 Cr.
  • Current Price 56.5
  • High / Low 65.3 / 29.8
  • Stock P/E 46.1
  • Book Value 139
  • Dividend Yield 0.00 %
  • ROCE 2.07 %
  • ROE 1.35 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 0.39 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of -28.0% over past five years.
  • Promoter holding is low: 37.8%
  • Company has a low return on equity of 1.20% over last 3 years.
  • Contingent liabilities of Rs.140 Cr.
  • Earnings include an other income of Rs.3.29 Cr.
  • Company has high debtors of 345 days.
  • Company's cost of borrowing seems high
  • Promoter holding has decreased over last 3 years: -10.2%

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Realty Industry: Construction

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
33.20 72.43 45.32 62.81 61.39 74.07 54.27 26.54 21.45 15.83 18.04 14.88 11.35
33.20 69.14 42.46 63.09 59.97 75.75 50.93 25.39 20.22 15.83 13.71 15.39 11.38
Operating Profit -0.00 3.29 2.86 -0.28 1.42 -1.68 3.34 1.15 1.23 -0.00 4.33 -0.51 -0.03
OPM % -0.00% 4.54% 6.31% -0.45% 2.31% -2.27% 6.15% 4.33% 5.73% -0.00% 24.00% -3.43% -0.26%
12.05 1.44 1.13 5.61 1.14 12.09 1.12 0.42 0.91 1.71 0.83 0.30 0.45
Interest 2.58 1.51 1.69 1.84 1.83 1.44 0.33 0.70 1.11 1.44 0.69 0.22 -0.00
Depreciation 0.21 0.20 0.20 0.20 0.18 0.20 0.19 0.19 0.16 0.27 0.14 0.14 0.14
Profit before tax 9.26 3.02 2.10 3.29 0.55 8.77 3.94 0.68 0.87 -0.00 4.33 -0.57 0.28
Tax % 27.97% 42.72% 58.10% 15.20% -5.45% 45.61% -36.55% 79.41% 181.61% 16.17% 17.54% -3.57%
7.06 1.80 1.09 3.07 1.02 4.87 5.69 0.15 -0.71 -0.04 3.63 -0.48 0.29
EPS in Rs 2.55 0.65 0.39 1.11 0.40 1.75 2.05 0.05 -0.26 -0.01 1.31 -0.17 0.10
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
489.15 609.67 604.54 498.73 133.71 243.60 118.10 60.10
624.68 605.68 625.41 551.55 132.79 241.12 112.27 56.31
Operating Profit -135.53 3.99 -20.87 -52.82 0.92 2.48 5.83 3.79
OPM % -27.71% 0.65% -3.45% -10.59% 0.69% 1.02% 4.94% 6.31%
214.92 26.82 11.99 8.07 16.92 20.86 4.36 3.29
Interest 43.65 12.42 12.88 11.42 10.78 6.83 3.59 2.35
Depreciation 0.83 0.93 0.89 0.89 0.82 0.79 0.81 0.69
Profit before tax 34.91 17.46 -22.65 -57.06 6.24 15.72 5.79 4.04
Tax % -2.52% 20.85% 32.94% 33.79% 28.04% 36.20% 12.26%
35.78 13.82 -15.19 -37.78 4.49 10.03 5.08 3.40
EPS in Rs 12.89 4.98 -5.47 -13.61 1.62 3.61 1.83 1.23
Dividend Payout % -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00%
Compounded Sales Growth
10 Years: %
5 Years: -28%
3 Years: -38%
TTM: -66%
Compounded Profit Growth
10 Years: %
5 Years: 31%
3 Years: 29%
TTM: -66%
Stock Price CAGR
10 Years: 10%
5 Years: 32%
3 Years: 56%
1 Year: 71%
Return on Equity
10 Years: %
5 Years: -2%
3 Years: 1%
Last Year: 1%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 27.75 27.75 27.75 27.75 27.75 27.75 27.75 27.75
Reserves 410.02 393.46 375.53 336.35 340.76 350.74 355.86 359.02
7.99 51.12 67.80 72.30 104.49 87.35 30.28 8.98
268.06 249.70 323.51 311.60 297.69 302.83 44.63 51.39
Total Liabilities 713.82 722.03 794.59 748.00 770.69 768.67 458.52 447.14
161.19 153.12 152.38 149.86 148.83 147.66 146.70 146.40
CWIP 5.99 8.96 10.15 10.54 5.82 6.45 6.79 9.67
Investments 10.61 22.98 33.90 42.27 43.45 46.24 0.01 -0.00
536.03 536.97 598.16 545.33 572.59 568.32 305.02 291.07
Total Assets 713.82 722.03 794.59 748.00 770.69 768.67 458.52 447.14

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-276.80 -51.19 70.54 3.92 -36.08 57.48 33.69
467.36 10.63 -77.57 1.40 24.33 2.77 26.40
-187.59 30.89 3.80 -6.45 21.44 -69.37 -60.63
Net Cash Flow 2.97 -9.67 -3.22 -1.13 9.70 -9.12 -0.54

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 214.83 165.87 145.06 136.78 411.62 199.72 344.60
Inventory Days 45.77 44.57 51.41 37.86 169.32 68.03 85.13
Days Payable 118.22 89.26 92.49 77.50 162.47 11.73 22.94
Cash Conversion Cycle 142.38 121.17 103.98 97.14 418.47 256.01 406.79
Working Capital Days 109.85 145.80 114.61 95.69 467.89 259.52 447.92
ROCE % 1.97% -1.97% -9.67% 2.41% 3.91% 2.07%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
41.59% 41.04% 40.91% 37.95% 37.93% 37.81% 37.81% 37.81% 37.81% 37.81% 37.81% 37.81%
4.00% 4.00% 4.00% 4.00% 4.00% 4.12% 4.00% 4.00% 4.00% 4.00% 4.00% 4.00%
0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03%
2.00% 0.00% 0.00% 2.59% 2.59% 2.59% 2.59% 2.59% 2.59% 2.59% 2.59% 2.59%
52.38% 54.93% 55.06% 55.42% 55.44% 55.45% 55.56% 55.57% 55.57% 55.57% 55.57% 55.55%
No. of Shareholders 11,99111,95112,29513,46713,72615,70515,25515,05514,92614,41113,33513,039

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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