Anik Industries

how big is Anik Industries?

As of Jun 06, Anik Industries Ltd has a market capitalization of 312.00 Cr, with recent net sales of 116.38 Cr and a net profit of 3.04 Cr over the last four quarters. Shareholder's funds are valued at 383.76 Cr, and total assets amount to 417.24 Cr as of Mar'24.

Market Cap: Anik Industries Ltd has a market capitalization of 312.00 Cr, categorizing it as a Micro Cap company as of Jun 06.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters, which includes data from Mar'25, Dec'24, Sep'24, and Jun'24, is 116.38 Cr. The sum of Net Profit for the same period is 3.04 Cr. This data is presented on a Consolidated basis.<BR><BR>Balance Sheet Snapshot: This is also on a Consolidated basis for the latest annual period ending Mar'24. The Shareholder's Funds are valued at 383.76 Cr, while the Total Assets amount to 417.24 Cr.

Who are in the management team of Anik Industries?

As of March 2023, the management team of Anik Industries includes Manish Shahra (Chairman & Managing Director), Ashok Trivedi and Shivam Asthana (Whole-time Directors), and several Independent Directors: Vijay Rathi, Amrita Koolwal, Nilesh Jagtap, and Navin Prakash Dashora, along with Sourabh Vishnoi (Company Secretary & Compliance Officer). They oversee the company's operations and strategic direction.

As of March 2023, the management team of Anik Industries includes the following individuals:<BR><BR>1. Manish Shahra - Chairman & Managing Director<BR>2. Ashok Trivedi - Whole-time Director<BR>3. Shivam Asthana - Whole-time Director<BR>4. Vijay Rathi - Independent Director<BR>5. Amrita Koolwal - Independent Director<BR>6. Nilesh Jagtap - Independent Director<BR>7. Navin Prakash Dashora - Independent Director<BR>8. Sourabh Vishnoi - Company Secretary & Compliance Officer<BR><BR>This team is responsible for overseeing the operations and strategic direction of the company.

What does Anik Industries do?

Anik Industries Ltd, a Micro Cap company established in 1976, operates in the Trading & Distributors industry, reporting net sales of 49 Cr and a net profit of 0 Cr for the quarter ending March 2025. The company has a market cap of Rs 313 Cr and key financial metrics include a P/E of 103.00 and a debt-equity ratio of 0.01.

Overview: <BR>Anik Industries Ltd operates in the Trading & Distributors industry and is classified as a Micro Cap company.<BR><BR>History: <BR>Anik Industries Limited was incorporated on February 10, 1976, originally known as Madhya Pradesh Glychem Industries Limited. The company was established as a joint venture between the M P State Industries Corporation and Chemical Construction Company Pvt Ltd to set up a solvent extraction plant. The latest quarterly results reported net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Net Sales: 49 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 0 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: Rs 313 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 103.00 <BR>Industry P/E: 54 <BR>Dividend Yield: 0.00% <BR>Debt Equity: 0.01 <BR>Return on Equity: 0.79% <BR>Price to Book: 0.81 <BR><BR>Contact Details: <BR>Address: 610 Tulsiani Chambers, Nariman Point Mumbai Maharashtra : 400021 <BR>Tel: 91-022-22824851/53/57/59/63/ <BR>Email: anik@anikgroup.com <BR>Website: http://www.ruchigroup.com

Has Anik Industries declared dividend?

Anik Industries Ltd has declared a 6% dividend, amounting to 0.6000 per share, but the dividend yield is 0%. Despite this, the company has experienced significant price appreciation, resulting in total returns of up to 1011.65% over five years.

Anik Industries Ltd has declared a 6% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 6%<BR>- Amount per share: 0.6000<BR>- Ex-date: Sep-24-2010<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was 6.22%, the dividend return was 0%, resulting in a total return of 6.22%.<BR><BR>In the 1-year period, the price return was 139.29%, the dividend return was 0%, leading to a total return of 139.29%.<BR><BR>Over the 2-year period, the price return was 225.84%, with a dividend return of 0%, culminating in a total return of 225.84%.<BR><BR>In the 3-year period, the price return reached 306.75%, the dividend return was 0%, resulting in a total return of 306.75%.<BR><BR>For the 4-year period, the price return was 481.22%, with a dividend return of 0%, leading to a total return of 481.22%.<BR><BR>In the 5-year period, the price return soared to 1011.65%, the dividend return remained at 0%, resulting in a total return of 1011.65%.<BR><BR>Overall, while Anik Industries Ltd has declared a dividend, the dividend yield is 0%, indicating that the dividend payments have not contributed to the total returns. However, the company has shown significant price appreciation over the years, resulting in substantial total returns across all periods.

Who are the peers of the Anik Industries?

Anik Industries' peers include Redington, MMTC, MSTC, Ravindra Energy, Northern Spirits, Sicagen India, Stratmont Industries, Parshva Enterprises, and Balgopal Commerce. Key insights show Redington has excellent management and growth, while Anik Industries has below-average growth and capital structure, with a 1-year return of 133.33%.

Peers: The peers of Anik Industries are Redington, MMTC, MSTC, Ravindra Energy, Northern Spirits, Sicagen India, Stratmont Indus., Parshva Enterpr., and Balgopal Commer.<BR><BR>Quality Snapshot: Excellent management risk is observed at Redington, while Average management risk is found at MMTC, MSTC, Northern Spirits, Sicagen India, and Stratmont Indus., and the rest have Below Average management risk. Growth is Excellent at Redington and Northern Spirits, while Good growth is seen at Sicagen India and Stratmont Indus., Below Average growth is found at MMTC, MSTC, Ravindra Energy, Anik Industries, Parshva Enterpr., and the rest. Capital Structure is Excellent at MSTC, Good at Redington, Parshva Enterpr., and Stratmont Indus., while Below Average is noted for MMTC, Ravindra Energy, Anik Industries, Northern Spirits, Sicagen India, Balgopal Commer., and the rest.<BR><BR>Return Snapshot: Ravindra Energy has the highest 1-year return at 141.63%, while MSTC has the lowest at -39.89%. Anik Industries' 1-year return of 133.33% is significantly higher than MSTC's but lower than Ravindra Energy's. Additionally, peers with negative six-month returns include MSTC, Northern Spirits, and Sicagen India.

Is Anik Industries overvalued or undervalued?

As of June 2, 2025, Anik Industries is considered overvalued with a PE ratio of 101.84 and an EV to EBITDA of 116.73, significantly higher than its peers like Hindustan Unilever and Nestle India, while also showing low returns and underperforming the Sensex year-to-date.

As of 2 June 2025, Anik Industries has moved from a risky to a very expensive valuation grade. The company is currently considered overvalued. Key ratios include a PE ratio of 101.84, an EV to EBITDA of 116.73, and a ROE of 0.79%. <BR><BR>In comparison to its peers, Anik Industries' PE ratio significantly exceeds that of Hindustan Unilever at 53.88 and Nestle India at 75.2, indicating a stark contrast in valuation. The company's high valuation metrics, particularly in relation to its peers, suggest that it is not justified given its low returns, as evidenced by a ROCE of only 0.55%. Additionally, while Anik Industries has performed exceptionally well over the long term, its recent stock performance has lagged behind the Sensex, with a year-to-date return of -3.69% compared to the Sensex's 5.58%.

What is the technical trend for Anik Industries?

As of June 5, 2025, Anik Industries shows a mildly bullish trend overall, supported by the monthly MACD and KST, despite mixed signals from the weekly MACD and Dow Theory indicating a mildly bearish stance.

As of 5 June 2025, the technical trend for Anik Industries has changed from bullish to mildly bullish. The weekly MACD indicates a mildly bearish stance, while the monthly MACD remains bullish, suggesting mixed signals across time frames. The Bollinger Bands are mildly bullish on both weekly and monthly charts, supporting a positive outlook. Daily moving averages also reflect a mildly bullish trend. The KST is bullish on both weekly and monthly levels, indicating underlying strength. However, the Dow Theory shows a mildly bearish stance on the weekly chart, with no trend on the monthly. Overall, the current technical stance is mildly bullish, driven primarily by the monthly MACD and KST, alongside the daily moving averages and Bollinger Bands.

Who are the top shareholders of the Anik Industries?

The top shareholders of Anik Industries include Clemfield Industries Limited with 10.44%, Promise Securities Pvt. Ltd. at 5.8%, and individual investors holding 20.37%. Additionally, foreign institutional investors hold 4.0%, while mutual funds have a minor stake of 0.03%, with no pledged promoter holdings reported.

The top shareholders of Anik Industries include a mix of institutional and individual investors. The largest public shareholder is Clemfield Industries Limited, holding 10.44%. Among the promoters, Promise Securities Pvt. Ltd. has the highest stake at 5.8%. Additionally, individual investors collectively hold 20.37% of the company's shares. The company also has some institutional involvement, with three foreign institutional investors (FIIs) holding a total of 4.0%, and two mutual fund schemes holding a minor stake of 0.03%. There are no pledged promoter holdings reported.

How has been the historical performance of Anik Industries?

Anik Industries has experienced significant fluctuations in financial performance, with net sales declining from INR 604.54 crore in March 2019 to INR 116.37 crore in March 2025, alongside decreases in profits and total assets. However, cash flow from operating activities improved to INR 43 crore in March 2024 after previous negative years.

Answer:<BR>The historical performance of Anik Industries shows significant fluctuations in key financial metrics over the years.<BR><BR>Breakdown:<BR>Anik Industries' net sales have seen a decline from INR 604.54 crore in March 2019 to INR 116.37 crore in March 2025, with a notable drop in March 2022 to INR 243.60 crore. Total operating income followed a similar trend, peaking at INR 498.73 crore in March 2020 and falling to INR 116.37 crore by March 2025. The company's operating profit (PBDIT) has fluctuated, reaching a high of INR 22.30 crore in March 2022 before dropping to INR 4.75 crore in March 2025. Profit before tax also decreased from INR 14.70 crore in March 2022 to INR 3.66 crore in March 2025, while profit after tax saw a decline from INR 10.03 crore in March 2022 to INR 3.04 crore in March 2025. The company's total liabilities decreased from INR 746.82 crore in March 2022 to INR 429.60 crore in March 2025, and total assets also fell from INR 746.82 crore to INR 429.60 crore in the same period. Cash flow from operating activities showed improvement, reaching INR 43 crore in March 2024 after a negative cash flow in previous years. Overall, Anik Industries has experienced a challenging financial environment with fluctuating revenues and profits, alongside a significant reduction in liabilities and assets over the years.

When is the next results date for Anik Industries Ltd?

The next results date for Anik Industries Ltd is 12 February 2026.

The next results date for Anik Industries Ltd is scheduled for 12 February 2026.

Are Anik Industries Ltd latest results good or bad?

Anik Industries Ltd's latest results are concerning, showing a significant decline in net sales by 76.87% quarter-on-quarter and 43.28% year-on-year, with core operating profit at only ₹0.52 crores. Despite reporting a net profit of ₹0.74 crores, this is largely due to non-operating income, raising red flags about the company's operational health.

The latest results for Anik Industries Ltd present a mixed picture, but overall, they lean towards the negative. While the company reported its highest quarterly net profit of ₹0.74 crores, this figure is somewhat misleading due to a significant reliance on non-operating income, which accounted for a substantial portion of the profit. The core operating profit was only ₹0.52 crores, indicating that the company's primary business operations are struggling.<BR><BR>The most concerning aspect is the dramatic decline in net sales, which plummeted by 76.87% quarter-on-quarter and 43.28% year-on-year, reaching just ₹16.58 crores. This decline raises serious questions about the sustainability of the business and its operational health. The company’s profitability is not being driven by its core operations, which is a significant red flag for investors.<BR><BR>Additionally, the company's return on equity (ROE) stands at a mere 1.51%, well below industry standards, indicating poor capital efficiency. The overall financial trend is classified as flat, and the stock has underperformed significantly compared to its peers and the broader market.<BR><BR>Given these factors, while the net profit figure may seem positive at first glance, the underlying operational challenges and revenue collapse suggest that the results are more concerning than encouraging.

Should I buy, sell or hold Anik Industries Ltd?

Why is Anik Industries Ltd falling/rising?

As of 02-Mar, Anik Industries Ltd is facing a significant decline in its stock price, currently at 45.40, with a year-to-date drop of 15.93% and a staggering 50.91% decrease over the past year. This underperformance is attributed to weak financial fundamentals and negative market sentiment.

As of 02-Mar, Anik Industries Ltd is experiencing a decline in its stock price. The current price is 45.40, with no change noted from the previous trading session. Over the past week, the stock has underperformed significantly, showing a decrease of 6.62%, while the benchmark Sensex has only declined by 3.67%. This trend continues over a one-month period, where Anik Industries has fallen by 10.19% compared to a 1.75% drop in the Sensex.<BR><BR>The stock's year-to-date performance is also concerning, with a decline of 15.93%, while the Sensex has decreased by only 5.85%. Over the past year, Anik Industries has seen a staggering drop of 50.91%, contrasting sharply with the Sensex's gain of 9.62%. This underperformance is indicative of weak long-term fundamental strength, highlighted by an average Return on Equity (ROE) of just 1.51% and poor growth in net sales and operating profit over the last five years.<BR><BR>Additionally, the stock is trading below all key moving averages, which suggests a bearish trend. Despite a recent increase in investor participation, with delivery volume rising by 120.28% on February 27, the overall sentiment remains negative. The company's financial health is further questioned due to a low EBIT to Interest ratio of 0.54, indicating difficulties in servicing its debt.<BR><BR>Moreover, the company's recent financial results have been disappointing, with a net profit after tax (PAT) decline of 52.11% and the lowest quarterly net sales at Rs 16.58 crore. The stock's valuation appears expensive relative to its peers, with a Price to Book Value ratio of 0.3, which does not align with its poor performance metrics.<BR><BR>In summary, the combination of weak financial fundamentals, significant underperformance against benchmarks, and negative market sentiment are contributing to the decline in Anik Industries Ltd's stock price.

Which are the latest news on Anik Industries?