Anand Rayons Ltd
Incorporated in 2018, Anand Rayons Ltd is in the business of manufacturing and trading of yarn & fabrics[1]
- Market Cap ₹ 138 Cr.
- Current Price ₹ 64.4
- High / Low ₹ 470 / 64.4
- Stock P/E 14.6
- 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: | 16% |
| 3 Years: | 23% |
| 1 Year: | -66% |
| 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 |
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
-
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
-
Board Meeting Outcome for Outcome Of Board Meeting
5 Feb - Published standalone unaudited Q3/9M results to 31-Dec-2025: Qtr total income Rs12,726.59 lacs, PBT Rs449.95 lacs
-
Board Meeting Intimation for Meeting On 05.02.2026
28 Jan - Board meeting Feb 5, 2026 to approve unaudited Q3 and nine-month results for Dec 31, 2025.
-
Announcement under Regulation 30 (LODR)-Issue of Securities
17 Jan - Jan 17, 2026: 170,940 warrants converted at Rs78; issued capital now Rs21,46,99,240; 23,76,797 warrants remain.
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.