Anand Rayons Ltd
Incorporated in 2018, Anand Rayons Ltd is in the business of manufacturing and trading of yarn & fabrics[1]
- Market Cap ₹ 515 Cr.
- Current Price ₹ 280
- High / Low ₹ 288 / 40.0
- Stock P/E 148
- 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 6.58 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -6.85%
- 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.
* 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 | |
|---|---|---|---|---|---|---|---|---|
| 129 | 283 | 244 | 207 | 334 | 336 | 344 | 314 | |
| 127 | 276 | 241 | 204 | 326 | 329 | 337 | 306 | |
| Operating Profit | 3 | 6 | 3 | 4 | 8 | 7 | 7 | 8 |
| 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 | 5 |
| Tax % | 36% | 33% | 26% | 29% | 29% | 26% | 26% | 25% |
| 1 | 2 | 1 | 1 | 3 | 3 | 3 | 3 | |
| EPS in Rs | 0.70 | 2.08 | 0.45 | 0.48 | 1.96 | 2.10 | 2.09 | 1.89 |
| Dividend Payout % | 0% | 24% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 5% |
| 3 Years: | -2% |
| TTM: | -9% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 39% |
| 3 Years: | 6% |
| TTM: | 11% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 51% |
| 3 Years: | 71% |
| 1 Year: | 568% |
| 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 | 52 | 88 | 109 | 66 | 66 | 51 | 78 |
| ROCE % | 8% | 6% | 13% | 11% | 11% | 9% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Issue of Securities
1d - Conversion of 1,76,666 warrants into equity shares at Rs.78 each, increasing paid-up capital to Rs.21.00 Cr.
-
Board Meeting Outcome for Outcome Of Board Meeting Dated 09/06/2025
1d - Conversion of 1,76,666 warrants into equity shares at Rs.78 each; paid-up capital increased to Rs.21.01 Cr.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
29 May - Submission of newspaper cuttings in respect of financial results for March 2025
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
28 May - Annual Secretarial Compliance Report filed; minor lock-in period non-compliance noted and addressed.
-
Financial Results For 31/03/2025
26 May - Anand Rayons reports audited FY25 financial results with Rs. 313.75 Cr revenue and Rs. 4.65 Cr profit before tax.
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.