Anik Industries Ltd

Anik Industries Ltd

₹ 56.6 -0.19%
23 Apr 3:27 p.m.
About

Anik Industries Ltd is primarily engaged in the business of trading of Agri- Commodities, Edible oil & Vanaspati, Property Development, Windpower Generation & others. [1]

Key Points

Business Segment
Real Estate (Less than 1%) - Construction and Development of Housing Project.
Wind Power Unit (43%) - Wind Turbine Power Unit.
Others (56%) - Trading of Coal, Agri Commodities, Edible Oils etc. [1]

  • Market Cap 157 Cr.
  • Current Price 56.6
  • High / Low 65.3 / 29.8
  • Stock P/E 46.6
  • Book Value 102
  • Dividend Yield 0.00 %
  • ROCE 2.81 %
  • ROE 1.85 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 0.54 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of -28.0% over past five years.
  • Promoter holding is low: 37.8%
  • Company has a low return on equity of 1.66% over last 3 years.
  • Contingent liabilities of Rs.140 Cr.
  • Earnings include an other income of Rs.3.21 Cr.
  • Company has high debtors of 261 days.
  • Company's cost of borrowing seems high
  • Promoter holding has decreased over last 3 years: -10.2%

* 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

Sector: Realty Industry: Construction

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
33.20 72.43 45.32 62.81 61.39 74.07 54.27 26.54 21.45 15.83 18.04 14.88 11.35
33.19 69.13 42.46 62.40 59.96 76.40 50.92 25.38 20.21 15.81 13.67 15.38 11.40
Operating Profit 0.01 3.30 2.86 0.41 1.43 -2.33 3.35 1.16 1.24 0.02 4.37 -0.50 -0.05
OPM % 0.03% 4.56% 6.31% 0.65% 2.33% -3.15% 6.17% 4.37% 5.78% 0.13% 24.22% -3.36% -0.44%
12.44 1.51 1.35 5.89 1.58 12.11 1.42 0.42 0.91 1.63 0.83 0.30 0.45
Interest 2.58 1.49 1.69 1.84 1.83 1.44 0.33 0.70 1.10 1.44 0.69 0.22 0.00
Depreciation 0.21 0.20 0.20 0.20 0.18 0.20 0.19 0.19 0.16 0.27 0.14 0.14 0.14
Profit before tax 9.66 3.12 2.32 4.26 1.00 8.14 4.25 0.69 0.89 -0.06 4.37 -0.56 0.26
Tax % 26.81% 41.35% 52.59% 11.74% -3.00% 49.14% -33.88% 78.26% 177.53% -50.00% 16.02% 17.86% -3.85%
7.08 1.83 1.10 3.75 1.03 4.15 5.70 0.16 -0.68 -0.10 3.67 -0.47 0.27
EPS in Rs 2.55 0.66 0.40 1.35 0.37 1.50 2.05 0.06 -0.25 -0.04 1.32 -0.17 0.10
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
1,607.70 1,264.00 1,448.07 453.54 234.12 489.77 609.67 604.54 492.43 133.71 243.60 118.10 60.10
1,578.89 1,237.63 1,428.45 450.23 249.71 624.68 605.70 625.27 545.21 132.72 241.07 112.21 56.26
Operating Profit 28.81 26.37 19.62 3.31 -15.59 -134.91 3.97 -20.73 -52.78 0.99 2.53 5.89 3.84
OPM % 1.79% 2.09% 1.35% 0.73% -6.66% -27.55% 0.65% -3.43% -10.72% 0.74% 1.04% 4.99% 6.39%
51.00 40.12 56.71 27.86 27.62 214.90 26.82 11.84 8.07 16.92 20.80 4.28 3.21
Interest 58.05 47.69 56.89 17.76 5.42 43.65 12.42 12.88 11.42 10.77 6.83 3.58 2.35
Depreciation 5.64 5.72 5.36 1.24 0.85 0.83 0.93 0.89 0.89 0.82 0.79 0.81 0.69
Profit before tax 16.12 13.08 14.08 12.17 5.76 35.51 17.44 -22.66 -57.02 6.32 15.71 5.78 4.01
Tax % 17.80% 18.50% 21.09% 15.28% 3.12% -2.51% 20.64% 32.97% 33.81% 27.69% 36.22% 12.28%
13.24 10.66 11.11 10.31 5.58 36.39 13.84 -15.20 -37.73 4.57 10.03 5.07 3.37
EPS in Rs 4.77 3.84 4.00 3.71 2.01 13.11 4.99 -5.48 -13.59 1.65 3.61 1.83 1.21
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: -21%
5 Years: -28%
3 Years: -38%
TTM: -66%
Compounded Profit Growth
10 Years: -5%
5 Years: 31%
3 Years: 29%
TTM: -64%
Stock Price CAGR
10 Years: 10%
5 Years: 31%
3 Years: 59%
1 Year: 81%
Return on Equity
10 Years: -8%
5 Years: -3%
3 Years: 2%
Last Year: 2%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 27.75 27.75 27.75 27.75 27.75 27.75 27.75 27.75 27.75 27.75 27.75 27.75 27.75
Reserves 201.32 211.98 223.09 232.60 238.18 273.86 287.72 272.63 233.49 237.96 247.93 253.04 256.25
330.50 210.85 183.38 210.29 130.46 7.99 51.12 67.80 72.30 104.49 87.35 30.28 8.98
437.78 387.22 508.36 535.70 668.40 258.48 212.57 298.19 292.59 278.84 283.68 25.68 32.31
Total Liabilities 997.35 837.80 942.58 1,006.34 1,064.79 568.08 579.16 666.37 626.13 649.04 646.71 336.75 325.29
116.69 146.90 148.53 142.50 139.01 28.58 20.51 19.76 17.24 16.21 15.04 14.08 13.79
CWIP 1.82 2.55 10.51 12.37 12.05 5.09 5.09 5.09 5.09 0.00 0.00 0.00 0.00
Investments 24.68 12.99 17.11 12.72 8.32 98.87 111.25 137.20 145.57 146.75 149.54 103.31 103.30
854.16 675.36 766.43 838.75 905.41 435.54 442.31 504.32 458.23 486.08 482.13 219.36 208.20
Total Assets 997.35 837.80 942.58 1,006.34 1,064.79 568.08 579.16 666.37 626.13 649.04 646.71 336.75 325.29

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
6.13 65.53 47.22 -105.53 130.34 -222.37 -54.03 14.05 3.53 -36.47 56.83 33.94
54.15 65.09 35.94 98.93 -15.17 371.08 13.56 -21.07 1.79 24.70 3.39 26.18
14.87 -167.13 -84.13 -4.67 -148.83 -141.35 30.89 3.80 -6.45 21.46 -69.37 -60.63
Net Cash Flow 75.15 -36.51 -0.97 -11.28 -33.66 7.35 -9.57 -3.22 -1.13 9.69 -9.14 -0.51

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 100.73 103.99 114.90 370.17 880.13 192.42 149.42 126.70 115.99 328.56 159.49 261.46
Inventory Days 35.05 43.17 38.24 170.93 245.98 45.77 44.57 51.41 38.35 169.32 68.03 85.13
Days Payable 102.06 117.21 129.44 410.98 941.85 111.48 85.29 88.36 78.17 161.39 10.62 21.06
Cash Conversion Cycle 33.72 29.95 23.70 130.12 184.27 126.71 108.70 89.75 76.18 336.49 216.89 325.54
Working Capital Days 56.18 60.93 47.65 199.24 297.85 94.65 109.41 96.26 74.64 392.52 219.88 365.37
ROCE % 14.36% 11.42% 8.66% 6.62% 1.74% -36.03% 2.76% -2.66% -13.46% 3.27% 5.20% 2.81%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
41.59% 41.04% 40.91% 37.95% 37.93% 37.81% 37.81% 37.81% 37.81% 37.81% 37.81% 37.81%
4.00% 4.00% 4.00% 4.00% 4.00% 4.12% 4.00% 4.00% 4.00% 4.00% 4.00% 4.00%
0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03%
2.00% 0.00% 0.00% 2.59% 2.59% 2.59% 2.59% 2.59% 2.59% 2.59% 2.59% 2.59%
52.38% 54.93% 55.06% 55.42% 55.44% 55.45% 55.56% 55.57% 55.57% 55.57% 55.57% 55.55%
No. of Shareholders 11,99111,95112,29513,46713,72615,70515,25515,05514,92614,41113,33513,039

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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