Anand Rayons Ltd
₹ 259
-0.58%
21 May
- close price
About
Incorporated in 2018, Anand Rayons Ltd is in the business of manufacturing and trading of yarn & fabrics[1]
Key Points
- Market Cap ₹ 388 Cr.
- Current Price ₹ 259
- High / Low ₹ 270 / 38.0
- Stock P/E 89.8
- Book Value ₹ 25.3
- Dividend Yield 0.00 %
- ROCE 10.8 %
- ROE 9.02 %
- Face Value ₹ 10.0
Pros
- Debtor days have improved from 56.2 to 44.2 days.
Cons
- Stock is trading at 10.2 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -13.2%
- Company has a low return on equity of 9.73% over last 3 years.
* 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.
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Quarterly Results
Figures in Rs. Crores
Upcoming result date: 26 May 2025
Profit & Loss
Figures in Rs. Crores
| Sep 2018 1m | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|---|
| 129 | 283 | 244 | 207 | 334 | 336 | 344 | 322 | |
| 127 | 276 | 241 | 204 | 326 | 329 | 337 | 315 | |
| Operating Profit | 3 | 6 | 3 | 4 | 8 | 7 | 7 | 7 |
| OPM % | 2% | 2% | 1% | 2% | 2% | 2% | 2% | 2% |
| 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | |
| Interest | 1 | 3 | 3 | 3 | 4 | 3 | 3 | 3 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 1 | 3 | 1 | 1 | 4 | 4 | 4 | 4 |
| Tax % | 36% | 33% | 26% | 29% | 29% | 26% | 26% | |
| 1 | 2 | 1 | 1 | 3 | 3 | 3 | 4 | |
| EPS in Rs | 0.70 | 2.08 | 0.45 | 0.48 | 1.96 | 2.10 | 2.09 | 2.88 |
| Dividend Payout % | 0% | 24% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 4% |
| 3 Years: | 18% |
| TTM: | -4% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 8% |
| 3 Years: | 63% |
| TTM: | 2% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 51% |
| 3 Years: | 63% |
| 1 Year: | 523% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 8% |
| 3 Years: | 10% |
| Last Year: | 9% |
Balance Sheet
Figures in Rs. Crores
| Sep 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 10 | 10 | 15 | 15 | 15 | 15 | 15 | 15 |
| Reserves | 2 | 4 | 11 | 12 | 15 | 18 | 21 | 23 |
| 29 | 29 | 34 | 36 | 31 | 34 | 29 | 36 | |
| 20 | 11 | 6 | 6 | 18 | 9 | 9 | 8 | |
| Total Liabilities | 61 | 54 | 66 | 69 | 79 | 76 | 74 | 82 |
| 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 | 81 | |
| Total Assets | 61 | 54 | 66 | 69 | 79 | 76 | 74 | 82 |
Cash Flows
Figures in Rs. Crores
| Sep 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|
| -38 | -36 | -36 | 0 | 9 | 7 | 16 | |
| -1 | -1 | -1 | 0 | -0 | -2 | 2 | |
| 39 | 37 | 37 | -1 | -9 | -0 | -8 | |
| Net Cash Flow | 0 | 0 | 0 | 0 | -0 | 5 | 10 |
Ratios
Figures in Rs. Crores
| Sep 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 161 | 63 | 59 | 88 | 67 | 58 | 44 |
| Inventory Days | 7 | 3 | 18 | 11 | 8 | 7 | 7 |
| Days Payable | 48 | 13 | 7 | 9 | 18 | 8 | 8 |
| Cash Conversion Cycle | 120 | 53 | 70 | 90 | 57 | 57 | 44 |
| Working Capital Days | 113 | 52 | 88 | 109 | 66 | 66 | 51 |
| ROCE % | 8% | 6% | 13% | 11% | 11% |
Documents
Announcements
-
Clarification In Outcome Of Board Meeting Submitted On 12/05/2025
11h - Correction of clerical errors in warrant allotment and equity holdings disclosed on May 12, 2025.
-
Board Meeting Intimation for Meeting On 26.05.2025
17 May - Board meeting on May 26 to approve audited results for FY25; trading window closed till results declaration.
-
Announcement under Regulation 30 (LODR)-Issue of Securities
12 May - Conversion of 1.83 million warrants into equity shares at Rs.78 each, raising Rs.107 crore capital.
-
Board Meeting Outcome for Outcome Of Board Meeting Dated 120525
12 May - Conversion of 1.83 million warrants into equity shares at Rs.78 each, raising Rs.10.74 crore.
-
Transmission Of Shares Of Promoter Late Mrs. Nila Gandhi
18 Apr - Transmission of 0.06% promoter shares to Shilpa Bakshi
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.