Anupam Rasayan India Ltd
Anupam Rasayan India Ltd is engaged in manufacturing of specialty chemicals, which are sold in local as well as exported to other countries.[1]
- Market Cap ₹ 14,540 Cr.
- Current Price ₹ 1,277
- High / Low ₹ 1,415 / 1,045
- Stock P/E 90.1
- Book Value ₹ 284
- Dividend Yield 0.06 %
- ROCE 6.95 %
- ROE 5.34 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company's median sales growth is 19.2% of last 10 years
- Company's working capital requirements have reduced from 168 days to 125 days
Cons
- Stock is trading at 4.49 times its book value
- Tax rate seems low
- Company has a low return on equity of 4.17% over last 3 years.
- Dividend payout has been low at 11.2% of profits over last 3 years
- Company has high debtors of 200 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 273 | 288 | 288 | 343 | 502 | 529 | 811 | 1,074 | 1,284 | 1,129 | 896 | 1,676 | |
| 204 | 208 | 218 | 269 | 408 | 394 | 618 | 770 | 917 | 822 | 631 | 1,270 | |
| Operating Profit | 69 | 80 | 70 | 73 | 93 | 134 | 193 | 304 | 367 | 307 | 265 | 405 |
| OPM % | 25% | 28% | 24% | 21% | 19% | 25% | 24% | 28% | 29% | 27% | 30% | 24% |
| 5 | 8 | 11 | 6 | 19 | 11 | 26 | 7 | 2 | 26 | 13 | 20 | |
| Interest | 14 | 21 | 21 | 15 | 24 | 45 | 69 | 31 | 62 | 87 | 107 | 139 |
| Depreciation | 10 | 13 | 15 | 18 | 23 | 29 | 52 | 60 | 66 | 72 | 91 | 115 |
| Profit before tax | 50 | 54 | 45 | 48 | 66 | 71 | 99 | 220 | 242 | 174 | 81 | 171 |
| Tax % | 28% | 21% | 22% | 19% | 24% | 26% | 30% | 32% | 30% | 32% | 10% | 6% |
| 36 | 43 | 35 | 39 | 50 | 53 | 70 | 151 | 169 | 117 | 73 | 161 | |
| EPS in Rs | 7.27 | 8.53 | 6.96 | 7.73 | 10.05 | 10.60 | 7.00 | 15.04 | 15.68 | 10.68 | 6.61 | 14.18 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 7% | 7% | 16% | 12% | 11% | 11% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 19% |
| 5 Years: | 16% |
| 3 Years: | 9% |
| TTM: | 87% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 18% |
| 3 Years: | -1% |
| TTM: | 122% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 12% |
| 3 Years: | 7% |
| 1 Year: | 13% |
| Return on Equity | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 6% |
| 3 Years: | 4% |
| Last Year: | 5% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 50 | 50 | 50 | 50 | 50 | 50 | 100 | 100 | 107 | 110 | 110 | 114 |
| Reserves | 58 | 97 | 194 | 382 | 432 | 515 | 1,473 | 1,624 | 2,252 | 2,627 | 2,695 | 3,121 |
| 144 | 279 | 318 | 449 | 687 | 846 | 423 | 836 | 822 | 1,067 | 1,323 | 1,574 | |
| 51 | 55 | 70 | 97 | 145 | 252 | 300 | 325 | 388 | 547 | 752 | 1,089 | |
| Total Liabilities | 303 | 481 | 632 | 978 | 1,314 | 1,663 | 2,295 | 2,886 | 3,569 | 4,351 | 4,881 | 5,898 |
| 145 | 259 | 313 | 379 | 682 | 978 | 1,116 | 1,203 | 1,240 | 1,277 | 1,849 | 2,537 | |
| CWIP | 21 | 64 | 88 | 250 | 183 | 101 | 42 | 43 | 113 | 579 | 206 | 68 |
| Investments | 2 | 2 | 2 | 2 | 0 | 0 | 0 | 148 | 158 | 159 | 159 | 0 |
| 134 | 157 | 230 | 347 | 449 | 583 | 1,137 | 1,492 | 2,057 | 2,336 | 2,667 | 3,293 | |
| Total Assets | 303 | 481 | 632 | 978 | 1,314 | 1,663 | 2,295 | 2,886 | 3,569 | 4,351 | 4,881 | 5,898 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 68 | 69 | 17 | -8 | 42 | 95 | 1 | -171 | 244 | 22 | -65 | 274 | |
| -88 | -168 | -93 | -247 | -261 | -178 | -192 | -412 | -478 | -362 | -286 | -656 | |
| 9 | 100 | 73 | 254 | 209 | 102 | 416 | 384 | 376 | 398 | 192 | 356 | |
| Net Cash Flow | -10 | 0 | -3 | -0 | -9 | 19 | 224 | -199 | 142 | 58 | -160 | -26 |
| Free Cash Flow | -18 | -100 | -76 | -254 | -216 | -85 | -144 | -318 | 37 | -602 | -372 | -169 |
| CFO/OP | 99% | 86% | 24% | -10% | 59% | 77% | 9% | -45% | 81% | 17% | -19% | 73% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 36 | 28 | 71 | 94 | 88 | 89 | 92 | 95 | 106 | 176 | 266 | 200 |
| Inventory Days | 158 | 211 | 305 | 411 | 277 | 513 | 528 | 849 | 626 | 849 | 1,553 | 543 |
| Days Payable | 92 | 94 | 156 | 148 | 105 | 225 | 213 | 223 | 202 | 332 | 631 | 335 |
| Cash Conversion Cycle | 101 | 144 | 220 | 358 | 260 | 378 | 407 | 721 | 530 | 692 | 1,188 | 408 |
| Working Capital Days | 86 | 113 | 79 | 88 | 55 | 21 | 168 | 222 | 177 | 162 | 218 | 125 |
| ROCE % | 29% | 22% | 13% | 9% | 9% | 9% | 10% | 11% | 11% | 7% | 5% | 7% |
Insights
In beta| Mar 2017 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| Number of Manufacturing Units Number |
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| Installed Production Capacity MTPA |
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| Number of Commercialized Molecules Number |
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| Number of Customers (MNCs) Number |
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| Molecules in R&D Pipeline Number |
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| Tanfac Industries - Hydrofluoric Acid (HF) Capacity MTPA |
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| R&D Expenditure (Percentage of Turnover) % |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
11 Jun - Anupam Rasayan commercialises ETFA on June 11, 2026, becoming first globally using flow chemistry.
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Announcement Under Regulation 30 Of SEBI (LODR) Regulations - Draft Letter Of Offer
9 Jun - Draft Letter of Offer filed for mandatory open offer to buy 2.77 crore Bliss GVS shares at ₹299/share.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
4 Jun - Intimation of schedule of Investor Meet to be held on June 09, 2026
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Announcement under Regulation 30 (LODR)-Credit Rating
3 Jun - Ind-Ra updated Anupam Rasayan ratings: AA-/A1+ on INR 7,275 crore loans, INR 8,880 crore loans and INR 1,600 crore NCDs.
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Announcement under Regulation 30 (LODR)-Credit Rating
3 Jun - Crisil placed Anupam Rasayan's Rs 1,620 crore loans and Rs 160 crore NCDs on watch developing after Bliss GVS deal.
Annual reports
Concalls
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May 2026Transcript PPT REC
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Business Verticals FY24
1) Life Science Specialty Chemicals (91%):
a. Agrochemicals (65%)- Manufactures agro intermediates and agro active ingredients (insecticides, fungicides, and herbicides) for the agrochemical industry.
b. Personal Care (17%) - Manufactures antibacterial and ultraviolet protection intermediates and ingredients for the personal care industry.
c. Pharmaceuticals (9%)- The segment focuses on developing intermediates and ‘key starting materials’ for active pharmaceutical ingredients.