Anik Industries Limited

NSEI:ANIKINDS Stock Report

Market Cap: ₹2.9b

Anik Industries Balance Sheet Health

Financial Health criteria checks 5/6

Anik Industries has a total shareholder equity of ₹4.0B and total debt of ₹56.4M, which brings its debt-to-equity ratio to 1.4%. Its total assets and total liabilities are ₹4.6B and ₹546.3M respectively. Anik Industries's EBIT is ₹50.5M making its interest coverage ratio -1.8. It has cash and short-term investments of ₹19.9M.

Key information

1.4%

Debt to equity ratio

₹56.38m

Debt

Interest coverage ratio-1.8x
Cash₹19.89m
Equity₹4.04b
Total liabilities₹546.26m
Total assets₹4.59b

Recent financial health updates

Is Anik Industries (NSE:ANIKINDS) Using Too Much Debt?

Aug 09
Is Anik Industries (NSE:ANIKINDS) Using Too Much Debt?

Health Check: How Prudently Does Anik Industries (NSE:ANIKINDS) Use Debt?

Sep 04
Health Check: How Prudently Does Anik Industries (NSE:ANIKINDS) Use Debt?

Recent updates

Anik Industries Limited's (NSE:ANIKINDS) Shares Climb 30% But Its Business Is Yet to Catch Up

Dec 20
Anik Industries Limited's (NSE:ANIKINDS) Shares Climb 30% But Its Business Is Yet to Catch Up

Anik Industries Limited's (NSE:ANIKINDS) Shares Climb 31% But Its Business Is Yet to Catch Up

Nov 05
Anik Industries Limited's (NSE:ANIKINDS) Shares Climb 31% But Its Business Is Yet to Catch Up

Anik Industries Limited's (NSE:ANIKINDS) Shares Climb 37% But Its Business Is Yet to Catch Up

Sep 11
Anik Industries Limited's (NSE:ANIKINDS) Shares Climb 37% But Its Business Is Yet to Catch Up

Returns At Anik Industries (NSE:ANIKINDS) Are On The Way Up

Aug 27
Returns At Anik Industries (NSE:ANIKINDS) Are On The Way Up

Is Anik Industries (NSE:ANIKINDS) Using Too Much Debt?

Aug 09
Is Anik Industries (NSE:ANIKINDS) Using Too Much Debt?

Is Now The Time To Put Anik Industries (NSE:ANIKINDS) On Your Watchlist?

Jul 02
Is Now The Time To Put Anik Industries (NSE:ANIKINDS) On Your Watchlist?

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

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

Anik Industries (NSE:ANIKINDS) Is Experiencing Growth In Returns On Capital

Feb 16
Anik Industries (NSE:ANIKINDS) Is Experiencing Growth In Returns On Capital

Anik Industries (NSE:ANIKINDS) Strong Profits May Be Masking Some Underlying Issues

Nov 24
Anik Industries (NSE:ANIKINDS) Strong Profits May Be Masking Some Underlying Issues

We Like These Underlying Return On Capital Trends At Anik Industries (NSE:ANIKINDS)

Oct 19
We Like These Underlying Return On Capital Trends At Anik Industries (NSE:ANIKINDS)

Anik Industries (NSE:ANIKINDS) Is Experiencing Growth In Returns On Capital

Jul 04
Anik Industries (NSE:ANIKINDS) Is Experiencing Growth In Returns On Capital

Health Check: How Prudently Does Anik Industries (NSE:ANIKINDS) Use Debt?

Sep 04
Health Check: How Prudently Does Anik Industries (NSE:ANIKINDS) Use Debt?

Financial Position Analysis

Short Term Liabilities: ANIKINDS's short term assets (₹2.5B) exceed its short term liabilities (₹521.6M).

Long Term Liabilities: ANIKINDS's short term assets (₹2.5B) exceed its long term liabilities (₹24.6M).

Debt to Equity History and Analysis

Debt Level: ANIKINDS's net debt to equity ratio (0.9%) is considered satisfactory.

Reducing Debt: ANIKINDS's debt to equity ratio has reduced from 16.7% to 1.4% over the past 5 years.

Debt Coverage: ANIKINDS's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: ANIKINDS earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/06 05:36
End of Day Share Price 2025/01/06 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Anik Industries Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Anil BurraFirstCall Research