Anik Industries Ltd

Anik Industries Ltd

₹ 116 1.92%
13 Dec - close price
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

Overview[1]
Formerly known as Madhya Pradesh Glychem Industries Limited, the company is engaged in Trading, Real Estate, Mining.

  • Market Cap 321 Cr.
  • Current Price 116
  • High / Low 116 / 41.4
  • Stock P/E
  • Book Value 139
  • Dividend Yield 0.00 %
  • ROCE 2.80 %
  • ROE 0.15 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 0.83 times its book value
  • 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 -30.1% over past five years.
  • Promoter holding is low: 37.8%
  • Company has a low return on equity of 1.19% over last 3 years.
  • Contingent liabilities of Rs.130 Cr.
  • Earnings include an other income of Rs.5.81 Cr.
  • Company has high debtors of 378 days.
  • Promoter holding has decreased over last 3 years: -3.23%

* 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: Trading Industry: Trading

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
62.81 61.39 74.07 54.27 26.54 21.45 15.83 18.04 14.88 11.35 56.34 10.61 27.80
63.09 59.97 75.75 50.93 25.39 20.22 15.83 13.71 15.39 11.38 59.76 10.51 26.68
Operating Profit -0.28 1.42 -1.68 3.34 1.15 1.23 0.00 4.33 -0.51 -0.03 -3.42 0.10 1.12
OPM % -0.45% 2.31% -2.27% 6.15% 4.33% 5.73% 0.00% 24.00% -3.43% -0.26% -6.07% 0.94% 4.03%
5.61 1.14 12.09 1.12 0.42 0.91 1.71 0.83 0.30 0.45 3.88 1.22 0.26
Interest 1.84 1.83 1.44 0.33 0.70 1.11 1.44 0.69 0.22 0.00 -0.02 0.00 0.20
Depreciation 0.20 0.18 0.20 0.19 0.19 0.16 0.27 0.14 0.14 0.14 0.14 0.14 0.14
Profit before tax 3.29 0.55 8.77 3.94 0.68 0.87 0.00 4.33 -0.57 0.28 0.34 1.18 1.04
Tax % 15.20% -5.45% 45.61% -36.55% 79.41% 181.61% 16.17% -17.54% -3.57% 1,020.59% 13.56% 5.77%
3.07 1.02 4.87 5.69 0.15 -0.71 -0.04 3.63 -0.48 0.29 -3.13 1.02 0.98
EPS in Rs 1.11 0.40 1.75 2.05 0.05 -0.26 -0.01 1.31 -0.17 0.10 -1.13 0.37 0.35
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
489 610 605 499 134 244 118 101 106
625 606 625 552 133 241 112 94 108
Operating Profit -136 4 -21 -53 1 2 6 7 -2
OPM % -28% 1% -3% -11% 1% 1% 5% 7% -2%
215 27 12 8 17 21 4 -1 6
Interest 44 12 13 11 11 7 4 1 0
Depreciation 1 1 1 1 1 1 1 1 1
Profit before tax 35 17 -23 -57 6 16 6 4 3
Tax % -3% 21% -33% -34% 28% 36% 12% 93%
36 14 -15 -38 4 10 5 0 -1
EPS in Rs 12.89 4.98 -5.47 -13.61 1.62 3.61 1.83 0.11 -0.31
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: -30%
3 Years: -9%
TTM: 51%
Compounded Profit Growth
10 Years: %
5 Years: 15%
3 Years: 9%
TTM: -135%
Stock Price CAGR
10 Years: 15%
5 Years: 70%
3 Years: 61%
1 Year: 115%
Return on Equity
10 Years: %
5 Years: -1%
3 Years: 1%
Last Year: 0%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 28 28 28 28 28 28 28 28 28
Reserves 410 393 376 336 341 351 356 356 358
8 51 68 72 104 87 30 7 6
268 250 324 312 298 303 45 45 67
Total Liabilities 714 722 795 748 771 769 459 436 459
161 153 152 150 149 148 147 146 100
CWIP 6 9 10 11 6 6 7 11 0
Investments 11 23 34 42 43 46 0 0 0
536 537 598 545 573 568 305 279 359
Total Assets 714 722 795 748 771 769 459 436 459

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-277 -51 71 4 -36 57 34 44
467 11 -78 1 24 3 26 -21
-188 31 4 -6 21 -69 -61 -24
Net Cash Flow 3 -10 -3 -1 10 -9 -1 -1

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 215 166 145 137 412 200 345 378
Inventory Days 46 45 51 38 169 68 85 27
Days Payable 118 89 92 78 162 12 23 19
Cash Conversion Cycle 142 121 104 97 418 256 407 386
Working Capital Days 110 146 115 96 468 260 448 513
ROCE % 2% -2% -10% 2% 4% 2% 3%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
40.91% 37.95% 37.93% 37.81% 37.81% 37.81% 37.81% 37.81% 37.81% 37.81% 37.81% 37.81%
4.00% 4.00% 4.00% 4.12% 4.00% 4.00% 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%
0.00% 2.59% 2.59% 2.59% 2.59% 2.59% 2.59% 2.59% 2.59% 2.59% 2.59% 2.59%
55.06% 55.42% 55.44% 55.45% 55.56% 55.57% 55.57% 55.57% 55.57% 55.55% 55.56% 55.56%
No. of Shareholders 12,29513,46713,72615,70515,25515,05514,92614,41113,33513,03912,81812,516

* 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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