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ANIK

Anik Industries NSEI:ANIKINDS Stock Report

Last Price

₹27.70

Market Cap

₹772.9m

7D

5.5%

1Y

23.1%

Updated

28 Jun, 2022

Data

Company Financials
ANIKINDS fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance4/6
Financial Health5/6
Dividends0/6

ANIKINDS Stock Overview

Anik Industries Limited trades in agri-commodities, edible oils, and coal in India and internationally.

Anik Industries Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Anik Industries
Historical stock prices
Current Share Price₹27.70
52 Week High₹39.45
52 Week Low₹16.35
Beta0.59
1 Month Change-1.42%
3 Month Change-5.78%
1 Year Change23.11%
3 Year Change146.22%
5 Year Change9.06%
Change since IPO-50.18%

Recent News & Updates

Jun 02
Anik Industries (NSE:ANIKINDS) Is Looking To Continue Growing Its Returns On Capital

Anik Industries (NSE:ANIKINDS) Is Looking To Continue Growing Its Returns On Capital

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Ideally, a business will...

Shareholder Returns

ANIKINDSIN Trade DistributorsIN Market
7D5.5%4.8%4.1%
1Y23.1%31.9%-0.02%

Return vs Industry: ANIKINDS underperformed the Indian Trade Distributors industry which returned 31.9% over the past year.

Return vs Market: ANIKINDS exceeded the Indian Market which returned -0% over the past year.

Price Volatility

Is ANIKINDS's price volatile compared to industry and market?
ANIKINDS volatility
ANIKINDS Average Weekly Movement10.2%
Trade Distributors Industry Average Movement6.7%
Market Average Movement6.9%
10% most volatile stocks in IN Market9.9%
10% least volatile stocks in IN Market4.5%

Stable Share Price: ANIKINDS is more volatile than 90% of Indian stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: ANIKINDS's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

FoundedEmployeesCEOWebsite
197649Manish Shahrahttps://www.anikgroup.com

Anik Industries Limited trades in agri-commodities, edible oils, and coal in India and internationally. The company operates through Wind Power, Real Estate, and Others segments. It trades in and merchandises agri-commodities, such as cotton, oilseeds, grains, pulses, spices, and various agro based products; and offers integrated ferro alloys for use in steel making.

Anik Industries Fundamentals Summary

How do Anik Industries's earnings and revenue compare to its market cap?
ANIKINDS fundamental statistics
Market Cap₹772.93m
Earnings (TTM)₹100.34m
Revenue (TTM)₹2.44b

7.7x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ANIKINDS income statement (TTM)
Revenue₹2.44b
Cost of Revenue₹2.13b
Gross Profit₹302.20m
Other Expenses₹201.85m
Earnings₹100.34m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)3.62
Gross Margin12.41%
Net Profit Margin4.12%
Debt/Equity Ratio10.6%

How did ANIKINDS perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is ANIKINDS undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ANIKINDS?

Other financial metrics that can be useful for relative valuation.

ANIKINDS key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.5x
Enterprise Value/EBITDA5.3x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does ANIKINDS's PE Ratio compare to its peers?

ANIKINDS PE Ratio vs Peers
The above table shows the PE ratio for ANIKINDS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average73x
509009 AuSom Enterprise
16xn/a₹856.2m
540809 MRC Exim
247.3xn/a₹826.4m
500159 MetroGlobal
7.9xn/a₹952.8m
526931 Hariyana Ship Breakers
20.7xn/a₹378.9m
ANIKINDS Anik Industries
7.6xn/a₹761.8m

Price-To-Earnings vs Peers: ANIKINDS is good value based on its Price-To-Earnings Ratio (7.6x) compared to the peer average (73x).


Price to Earnings Ratio vs Industry

How does ANIKINDS's PE Ratio compare vs other companies in the IN Trade Distributors Industry?

Price-To-Earnings vs Industry: ANIKINDS is good value based on its Price-To-Earnings Ratio (7.6x) compared to the Indian Trade Distributors industry average (22.5x)


Price to Earnings Ratio vs Fair Ratio

What is ANIKINDS's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ANIKINDS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio7.7x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate ANIKINDS's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of ANIKINDS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: ANIKINDS (₹27.7) is trading below our estimate of fair value (₹990.8)

Significantly Below Fair Value: ANIKINDS is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ANIKINDS's PEG Ratio to determine if it is good value.


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Future Growth

How is Anik Industries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


9.0%

Forecasted Capital Goods industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Anik Industries has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


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  • Examine whether Anik Industries is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  • Anik Industries competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Anik Industries performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-32.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ANIKINDS has high quality earnings.

Growing Profit Margin: ANIKINDS's current net profit margins (4.1%) are higher than last year (3.4%).


Past Earnings Growth Analysis

Earnings Trend: ANIKINDS's earnings have declined by 32.9% per year over the past 5 years.

Accelerating Growth: ANIKINDS's earnings growth over the past year (122.9%) exceeds its 5-year average (-32.9% per year).

Earnings vs Industry: ANIKINDS earnings growth over the past year (122.9%) exceeded the Trade Distributors industry 97.7%.


Return on Equity

High ROE: ANIKINDS's Return on Equity (2.5%) is considered low.


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Financial Health

How is Anik Industries's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: ANIKINDS's short term assets (₹4.8B) exceed its short term liabilities (₹3.7B).

Long Term Liabilities: ANIKINDS's short term assets (₹4.8B) exceed its long term liabilities (₹34.2M).


Debt to Equity History and Analysis

Debt Level: ANIKINDS's net debt to equity ratio (5.9%) is considered satisfactory.

Reducing Debt: ANIKINDS's debt to equity ratio has increased from 1.9% to 10.6% over the past 5 years.

Debt Coverage: ANIKINDS's debt is well covered by operating cash flow (137.1%).

Interest Coverage: ANIKINDS's interest payments on its debt are well covered by EBIT (3.2x coverage).


Balance Sheet


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Dividend

What is Anik Industries's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate ANIKINDS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ANIKINDS's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if ANIKINDS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ANIKINDS's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: ANIKINDS is not paying a notable dividend for the Indian market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as ANIKINDS has not reported any payouts.


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Management

How experienced are the management team and are they aligned to shareholders interests?

3.8yrs

Average management tenure


CEO

Manish Shahra (50 yo)

3.75yrs

Tenure

₹351,000

Compensation

Mr. Manish Shahra serves as the Executive Chairman and Managing Director of Anik Industries Limited since September 25, 2018. Mr. Shahra joined Anik Industries Ltd in 1993 and serves as its Executive Direc...


CEO Compensation Analysis

Compensation vs Market: Manish's total compensation ($USD4.48K) is below average for companies of similar size in the Indian market ($USD38.33K).

Compensation vs Earnings: Manish's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: ANIKINDS's management team is considered experienced (3.8 years average tenure).


Board Members

Experienced Board: ANIKINDS's board of directors are considered experienced (8.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Anik Industries Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Anik Industries Limited
  • Ticker: ANIKINDS
  • Exchange: NSEI
  • Founded: 1976
  • Industry: Trading Companies and Distributors
  • Sector: Capital Goods
  • Implied Market Cap: ₹772.935m
  • Shares outstanding: 27.75m
  • Website: https://www.anikgroup.com

Number of Employees


Location

  • Anik Industries Limited
  • 2/1, South Tukoganj
  • Behind High Court
  • Indore
  • Madhya Pradesh
  • 452001
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/28 00:00
End of Day Share Price2022/06/28 00:00
Earnings2022/03/31
Annual Earnings2022/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.