Anand Rayons Ltd
Incorporated in 2018, Anand Rayons Ltd is in the business of manufacturing and trading of yarn & fabrics[1]
- Market Cap ₹ 834 Cr.
- Current Price ₹ 397
- High / Low ₹ 421 / 42.8
- Stock P/E 157
- Book Value ₹ 41.8
- Dividend Yield 0.00 %
- ROCE 9.24 %
- ROE 6.13 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- Stock is trading at 9.50 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -6.69%
- The company has delivered a poor sales growth of 5.17% over past five years.
- Company has a low return on equity of 7.94% over last 3 years.
- Working capital days have increased from 42.6 days to 63.9 days
* 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
Consumer Discretionary Textiles Textiles & Apparels Trading - Textile Products
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Sep 2018 1m | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| 129 | 283 | 244 | 207 | 334 | 336 | 344 | 314 | 319 | |
| 127 | 276 | 241 | 204 | 326 | 329 | 337 | 306 | 312 | |
| Operating Profit | 3 | 6 | 3 | 4 | 8 | 7 | 7 | 8 | 8 |
| OPM % | 2% | 2% | 1% | 2% | 2% | 2% | 2% | 2% | 2% |
| 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest | 1 | 3 | 3 | 3 | 4 | 3 | 3 | 3 | 2 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 1 | 3 | 1 | 1 | 4 | 4 | 4 | 5 | 5 |
| Tax % | 36% | 33% | 26% | 29% | 29% | 26% | 26% | 25% | |
| 1 | 2 | 1 | 1 | 3 | 3 | 3 | 3 | 5 | |
| EPS in Rs | 0.70 | 2.08 | 0.45 | 0.48 | 1.96 | 2.10 | 2.09 | 1.89 | 3.03 |
| Dividend Payout % | 0% | 24% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 5% |
| 3 Years: | -2% |
| TTM: | -6% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 39% |
| 3 Years: | 6% |
| TTM: | 39% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 65% |
| 3 Years: | 91% |
| 1 Year: | 648% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 8% |
| 3 Years: | 8% |
| Last Year: | 6% |
Balance Sheet
Figures in Rs. Crores
| Sep 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 10 | 10 | 15 | 15 | 15 | 15 | 15 | 18 |
| Reserves | 2 | 4 | 11 | 12 | 15 | 18 | 21 | 58 |
| 29 | 29 | 34 | 36 | 31 | 34 | 29 | 16 | |
| 20 | 11 | 6 | 6 | 18 | 9 | 9 | 6 | |
| Total Liabilities | 61 | 54 | 66 | 69 | 79 | 76 | 74 | 99 |
| 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 61 | 54 | 65 | 69 | 79 | 76 | 73 | 98 | |
| Total Assets | 61 | 54 | 66 | 69 | 79 | 76 | 74 | 99 |
Cash Flows
Figures in Rs. Crores
| Sep 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| -38 | -36 | -36 | 0 | 9 | 7 | 5 | 11 | |
| -1 | -1 | -1 | 0 | -0 | -2 | -2 | -24 | |
| 39 | 37 | 37 | -1 | -9 | -0 | -0 | 22 | |
| Net Cash Flow | 0 | 0 | 0 | 0 | -0 | 5 | 2 | 9 |
Ratios
Figures in Rs. Crores
| Sep 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 161 | 63 | 59 | 88 | 67 | 58 | 44 | 57 |
| Inventory Days | 7 | 3 | 18 | 11 | 8 | 7 | 7 | 17 |
| Days Payable | 48 | 13 | 7 | 9 | 18 | 8 | 8 | 5 |
| Cash Conversion Cycle | 120 | 53 | 70 | 90 | 57 | 57 | 44 | 69 |
| Working Capital Days | 113 | 28 | 51 | 63 | 40 | 38 | 26 | 64 |
| ROCE % | 8% | 6% | 13% | 11% | 11% | 9% |
Documents
Announcements
- Closure of Trading Window 1d
-
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
5 Sep - AGM 04-09-2025: all six resolutions passed—financials, director reappointment, MOA alteration, remuneration revisions.
-
Shareholder Meeting / Postal Ballot-Outcome of AGM
4 Sep - 4 Sep 2025 AGM approved FY2024-25 accounts, director re-appointment, secretarial auditor (5yrs), object-clause alteration, MD/WTD remuneration revisions.
-
Intimation Under Regulation 30
23 Aug - Anand Rayons enters 5-year strategic tie-up with Chhabee Nutricos Inds LLP to commence food-sector business (announced 23 Aug 2025).
-
Financial Results As Per IND AS For Quarter Ended 30/06/2025
14 Aug - Revised Q1 FY2026 financial results submitted; revenue Rs.75.05 Cr, PAT Rs.0.52 Cr, auditor unmodified report.
Business Overview:[1][2][3]
ARL, a part of the Anand Group, specializes in embroidery yarn, dyed yarn, and fabric manufacturing for T-shirts, garments, and apparel. The company has diversified into petrochemical products such as yellow oil, white oil, base oil, and palm oil, primarily for adhesive industries. It also plans to export chemicals internationally and has ventured into packaging by importing aluminum foil and other packaging products.