BSE: 519383 | NSE: ANIKINDS | Consumer Food | Small Cap
Past 10 year's financial track record analysis by Moneyworks4me indicates that Anik Industries Ltd is a average quality company.
The key valuation ratios of Anik Industries Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Anik Industries Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
| Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % ⓘ | 6.6% | 2.8% | 22.4% | 8.8% | -2.7% | -13% | 4.9% | 6.2% | 2.8% | 1.8% | - |
| Value Creation Index ⓘ | -0.5 | -0.8 | 0.6 | -0.4 | -1.2 | -1.9 | -0.7 | -0.6 | -0.8 | -0.9 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||||||||
| Sales ⓘ | 459 | 365 | 731 | 610 | 605 | 492 | 134 | 244 | 118 | 101 | 106 |
| Sales YoY Gr. | - | -20.5% | 100.4% | -16.6% | -0.8% | -18.5% | -72.9% | 82.2% | -51.5% | -14.8% | - |
| Adj EPS ⓘ | 4.4 | 2.3 | -38.8 | -0.2 | -6.5 | -14.2 | 0.3 | 2.9 | 2.4 | 1.7 | -0.2 |
| YoY Gr. | - | -48.9% | -1816.4% | NA | NA | NA | NA | 1019.2% | -18.6% | -26.6% | - |
| BVPS (₹) ⓘ | 93.8 | 95.8 | 108.7 | 113.7 | 108.2 | 94.1 | 95.7 | 99.3 | 101.2 | 101.3 | 102.1 |
| Adj Net Profit ⓘ | 12.3 | 6.3 | -108 | -0.6 | -17.9 | -39.3 | 0.7 | 8.1 | 6.6 | 4.8 | -1 |
| Cash Flow from Ops. ⓘ | 9.4 | 130 | -178 | -54 | 14.1 | 3.5 | -36.5 | 56.8 | 33.9 | 42.5 | - |
| Debt/CF from Ops. ⓘ | 22.3 | 1 | -0 | -1 | 4.8 | 20.5 | -2.9 | 1.5 | 0.9 | 0.2 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | -15.5% | -30.1% | -9.1% | -14.8% | ||||
| Adj EPS ⓘ | -9.8% | NA | 88.5% | -26.6% | ||||
| BVPSⓘ | 0.9% | -1.3% | 1.9% | 0.1% | ||||
| Share Price | 15.5% | 72.1% | 67.9% | 154.8% | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | 4.8 | 2.4 | -37.9 | -0.2 | -5.8 | -14 | 0.3 | 3 | 2.4 | 1.7 | -0.2 |
| Op. Profit Mgn % ⓘ | 2.3 | -1.4 | -18.2 | 0.7 | -3.3 | -10.6 | 1.3 | 1.8 | 7 | 7 | -1.9 |
| Net Profit Mgn % ⓘ | 2.7 | 1.7 | -14.7 | -0.1 | -3 | -8 | 0.5 | 3.3 | 5.6 | 4.8 | -0.6 |
| Debt to Equity ⓘ | 0.8 | 0.5 | 0 | 0.2 | 0.2 | 0.3 | 0.4 | 0.3 | 0.1 | 0 | 0 |
| Working Cap Days ⓘ | 586 | 831 | 321 | 246 | 268 | 324 | 1,138 | 653 | 974 | 661 | 186 |
| Cash Conv. Cycle ⓘ | 154 | -339 | -14 | 104 | 99 | 90 | 298 | 192 | 368 | 324 | 143 |
Sales growth is good in last 4 quarters at 63.62%
Return on Equity is Poor
Sales growth has been subdued in last 3 years -9.05%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | -0.2 | -0.3 |
| TTM Sales (₹ Cr.) | 106 | 106 |
| BVPS (₹.) ⓘ | 102.1 | 139 |
| Reserves (₹ Cr.) ⓘ | 256 | 358 |
| P/BV ⓘ | 1.19 | 0.87 |
| PE ⓘ | 0.00 | 0.00 |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 41.44 / 121.40 |
| All Time Low / High (₹) | 1.85 / 121.40 |
| Market Cap (₹ Cr.) | 337 |
| Equity (₹ Cr.) | 27.8 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 64.6 |
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 459 | 365 | 731 | 610 | 605 | 492 | 134 | 244 | 118 | 101 |
| Operating Expenses ⓘ | 452 | 373 | 866 | 606 | 625 | 545 | 133 | 241 | 112 | 94 |
| Manufacturing Costs | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Material Costs | 434 | 231 | 514 | 591 | 587 | 478 | 117 | 213 | 91 | 87 |
| Employee Cost | 4 | 5 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 |
| Other Costs ⓘ | 13 | 136 | 346 | 10 | 34 | 62 | 12 | 24 | 18 | 4 |
| Operating Profit ⓘ | 7 | -8 | -135 | 4 | -21 | -53 | 1 | 2 | 6 | 7 |
| Operating Profit Margin (%) | 1.4% | -2.2% | -18.5% | 0.7% | -3.4% | -10.7% | 0.7% | 1.0% | 4.9% | 7.0% |
| Other Income ⓘ | 25 | 21 | 9 | 27 | 12 | 8 | 17 | 21 | 4 | 5 |
| Interest ⓘ | 18 | 5 | 44 | 12 | 13 | 11 | 11 | 7 | 4 | 1 |
| Depreciation ⓘ | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Exceptional Items ⓘ | 0 | 0 | 206 | 0 | 0 | 0 | 0 | 0 | 0 | -7 |
| Profit Before Tax ⓘ | 12 | 7 | 36 | 17 | -23 | -57 | 6 | 16 | 6 | 4 |
| Tax ⓘ | 2 | 1 | -1 | 4 | -7 | -19 | 2 | 6 | 1 | 4 |
| Profit After Tax | 10 | 6 | 36 | 14 | -15 | -38 | 5 | 10 | 5 | 0 |
| PAT Margin (%) | 2.2% | 1.5% | 5.0% | 2.3% | -2.5% | -7.7% | 3.4% | 4.1% | 4.3% | 0.3% |
| Adjusted EPS (₹) | 3.7 | 2.0 | 13.1 | 5.0 | -5.5 | -13.6 | 1.6 | 3.6 | 1.8 | 0.1 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 260 | 266 | 302 | 315 | 300 | 261 | 266 | 276 | 281 | 281 |
| Share Capital ⓘ | 28 | 28 | 28 | 28 | 28 | 28 | 28 | 28 | 28 | 28 |
| Reserves ⓘ | 233 | 238 | 274 | 288 | 273 | 233 | 238 | 248 | 253 | 253 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt | 199 | 121 | 4 | 47 | 68 | 72 | 104 | 50 | 27 | 4 |
| Long Term Debt | 12 | 8 | 4 | 47 | 62 | 64 | 65 | 3 | 7 | 4 |
| Short Term Debt | 187 | 113 | 0 | 0 | 6 | 9 | 40 | 47 | 20 | 0 |
| Trade Payables | 489 | 597 | 157 | 138 | 142 | 102 | 52 | 6 | 5 | 5 |
| Others Liabilities ⓘ | 57 | 115 | 105 | 79 | 148 | 163 | 201 | 294 | 3 | 6 |
| Total Liabilities ⓘ | 1,006 | 1,100 | 568 | 579 | 658 | 599 | 623 | 626 | 316 | 295 |
Fixed Assets | ||||||||||
| Gross Block | 192 | 194 | 29 | 22 | 22 | 22 | 22 | 21 | 21 | 21 |
| Accumulated Depreciation | 50 | 55 | 1 | 2 | 3 | 5 | 6 | 6 | 7 | 7 |
| Net Fixed Assetsⓘ | 143 | 139 | 29 | 21 | 20 | 17 | 16 | 15 | 14 | 13 |
| CWIP ⓘ | 12 | 12 | 5 | 5 | 5 | 5 | 0 | 0 | 0 | 0 |
| Investmentsⓘ | 13 | 8 | 99 | 111 | 137 | 146 | 147 | 150 | 103 | 103 |
| Inventories | 203 | 156 | 64 | 72 | 83 | 50 | 54 | 40 | 21 | 6 |
| Trade Receivables | 460 | 565 | 258 | 250 | 210 | 156 | 120 | 106 | 85 | 78 |
| Cash Equivalents | 61 | 58 | 33 | 24 | 28 | 26 | 31 | 19 | 11 | 2 |
| Others Assetsⓘ | 114 | 162 | 80 | 97 | 176 | 198 | 254 | 297 | 82 | 93 |
| Total Assets ⓘ | 1,006 | 1,100 | 568 | 579 | 658 | 599 | 623 | 626 | 316 | 295 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | 9 | 130 | -178 | -54 | 14 | 4 | -36 | 57 | 34 | 43 |
| PBT ⓘ | -7 | 3 | 72 | 17 | -23 | -57 | 6 | 16 | 6 | 4 |
| Adjustment ⓘ | 127 | 90 | -269 | -11 | 25 | 57 | -5 | -11 | 1 | -2 |
| Changes in Working Capital ⓘ | -107 | 40 | -25 | -51 | 16 | 5 | -38 | 52 | 28 | 41 |
| Tax Paid ⓘ | -3 | -2 | 0 | -9 | -4 | -1 | 0 | 0 | -1 | -1 |
| Cash Flow From Investing Activity ⓘ | 19 | -15 | 373 | 14 | -21 | 2 | 25 | 3 | 26 | -20 |
| Capex | -2 | -2 | 0 | 28 | 0 | 0 | 11 | 1 | -31 | 0 |
| Net Investments | 0 | 7 | 327 | -12 | -12 | -7 | -1 | -2 | 0 | 0 |
| Others ⓘ | 21 | -21 | 46 | -2 | -9 | 9 | 14 | 4 | 57 | -20 |
| Cash Flow From Financing Activityⓘ | -40 | -149 | -188 | 31 | 4 | -6 | 21 | -69 | -61 | -24 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Proceeds from Borrowing ⓘ | 0 | 0 | -100 | 43 | 17 | 5 | 32 | -63 | -57 | -23 |
| Interest Paid ⓘ | -31 | -6 | -42 | -12 | -13 | -11 | -11 | -7 | -4 | -1 |
| Dividend Paid ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Others ⓘ | -8 | -143 | -46 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Cash Flow ⓘ | -11 | -34 | 7 | -10 | -3 | -1 | 10 | -9 | -1 | -1 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 4.03 | 2.12 | 12.83 | 4.48 | -4.94 | -13.44 | 1.73 | 3.7 | 1.82 | 0.1 |
| ROCE (%) | 6.64 | 2.76 | 22.44 | 8.83 | -2.66 | -13 | 4.85 | 6.15 | 2.78 | 1.77 |
| Asset Turnover Ratio | 0.47 | 0.35 | 0.88 | 1.06 | 0.98 | 0.78 | 0.22 | 0.39 | 0.25 | 0.33 |
| PAT to CFO Conversion(x) | 0.9 | 21.67 | -4.94 | -3.86 | N/A | N/A | -7.2 | 5.7 | 6.8 | N/A | Working Capital Days |
| Receivable Days | 364 | 513 | 205 | 152 | 139 | 136 | 378 | 170 | 295 | 294 |
| Inventory Days | 136 | 180 | 55 | 41 | 47 | 49 | 143 | 71 | 94 | 50 |
| Payable Days | 404 | 857 | 268 | 91 | 87 | 93 | 240 | 50 | 23 | 21 |
Anik Industries, belongs to Ruchi group, is engaged in Food Products business,it was incorporated in 1976 as Anik Industries Pvt. Ltd.
Anik Industries Pvt. Ltd joined with Madhya Pradesh Glychem Industries Ltd. (MPGIL) to bring about a revolutionary new venture Anik Industries Ltd. In the very first year of its inception, the company recorded a turnover of Rs. 218 Crore.
Synergizing forces, production and distribution network, the company is already a force to reckon with in Dairy and Milk derivative products, Wind Power, Soya Protein Isolate & Concentrate plans underway to diversify into food processing in a big way, Anik Industries Ltd. shall take the market by storm with its high quality packaged food products, leaving thousands of farmers smiling and prosperous in its wake.
Anik Industries operates under three segments: dairy products, which include milk, ghee, milk powder and other dairy products; wind power, which includes wind power generation, and other segment includes trading of coal, agri commodities and edible oils.
The Company market its product under the brand name, Sourabh. Other brands of the Company include Anik spray, skimmed milk powder, Anik Anytime, Anik Madhur and dairy mixes.
The Company’s subsidiaries include Anik Energy Pvt. Ltd. and Anik Ferro-Alloys Pvt. Ltd. In April 2010, the Company announced that it purchased 60% interest in Anik Ferro-Alloys Pvt. Ltd. and Anik Energy Pvt. Ltd.
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The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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