Anand Rayons Ltd
Incorporated in 2018, Anand Rayons Ltd is in the business of manufacturing and trading of yarn & fabrics[1]
- Market Cap ₹ 141 Cr.
- Current Price ₹ 65.5
- High / Low ₹ 470 / 58.1
- Stock P/E 14.9
- Book Value ₹ 41.8
- Dividend Yield 0.00 %
- ROCE 9.24 %
- ROE 6.13 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is expected to give good quarter
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- 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.
- Promoter holding has decreased over last 3 years: -17.6%
- 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 | 401 | |
| 127 | 276 | 241 | 204 | 326 | 329 | 337 | 306 | 391 | |
| Operating Profit | 3 | 6 | 3 | 4 | 8 | 7 | 7 | 8 | 10 |
| OPM % | 2% | 2% | 1% | 2% | 2% | 2% | 2% | 2% | 3% |
| 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 2 | |
| 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 | 9 |
| Tax % | 36% | 33% | 26% | 29% | 29% | 26% | 26% | 25% | |
| 1 | 2 | 1 | 1 | 3 | 3 | 3 | 3 | 9 | |
| EPS in Rs | 0.70 | 2.08 | 0.45 | 0.48 | 1.96 | 2.10 | 2.09 | 1.89 | 4.59 |
| Dividend Payout % | 0% | 24% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 5% |
| 3 Years: | -2% |
| TTM: | 24% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 39% |
| 3 Years: | 6% |
| TTM: | 118% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 15% |
| 3 Years: | 13% |
| 1 Year: | -70% |
| 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 | 16 | 11 | |
| -1 | -1 | -1 | 0 | -0 | -2 | 2 | -24 | |
| 39 | 37 | 37 | -1 | -9 | -0 | -8 | 22 | |
| Net Cash Flow | 0 | 0 | 0 | 0 | -0 | 5 | 10 | 9 |
| Free Cash Flow | -39 | -37 | -37 | 0 | 9 | 7 | 16 | 10 |
| CFO/OP | -1,502% | -543% | -1,049% | 13% | 123% | 117% | 239% | 165% |
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% |
Insights
In beta| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Number of Employees numbers |
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| Trade Receivable Turnover Ratio times |
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| Manufacturing Units Operated via Job Work numbers |
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Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
5m - Filed Regulation 74(5) certificate for quarter ended March 31, 2026; no demat requests received.
-
Compliance-57 (5) : intimation after the end of quarter
2d - Company states Regulation 57(5) is not applicable for FY2026 as it has no non-convertible securities.
-
Closure of Trading Window
23 Mar - Trading window closed from April 1, 2026 until 48 hours after Mar 31, 2026 results.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
7 Feb - Newspaper cuttings in respect of Financial Results for 31/12/2025
- Financial Results For 31/12/2025 5 Feb
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.