MarketFriction

Anupam Rasayan India Ltd

NSE ANURAS · BSE 543275 · Specialty Chemicals
₹1,163.70 -1.46%
NSE close2026-10-01
52 week range1,045.20 - 1,415.00
Market cap₹13,409 Cr.
P/E76.8
IPO 2021 · +110% since Nifty 500Smallcap 250 Price band 20% Delivery 53.1%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales392296401254294390500486731512636655
Expenses285216308201214266356362596385498493
Operating Profit10779935380124144124136127137162
OPM %27%27%23%21%27%32%29%26%19%25%22%25%
Other Income321262-46582313
Interest202526222732313636354249
Depreciation202021212229313132344356
Profit before tax713658163459886376605670
Tax %31%28%30%25%10%9%29%23%24%-1%0%27%
Net Profit492640123154634857615651
EPS in Rs3.781.682.820.361.522.564.053.103.904.313.753.39
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales5025298111,0741,6021,4751,4372,3652,535
Expenses4083946177691,1711,0941,0361,8401,972
Operating Profit93135194305431381401526563
OPM %19%25%24%28%27%26%28%22%22%
Other Income19112681030111726
Interest244569316389112149162
Depreciation232952607180102140165
Profit before tax6672100222308242198254261
Tax %24%26%30%31%30%31%19%13%
Net Profit495370152217167160222225
EPS in Rs9.8510.647.0415.1816.8311.718.4914.9415.35
Dividend Payout %0%0%7%7%15%11%9%10%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%24%14%52%
Compounded Profit Growth%19%-2%42%
Stock Price CAGR%9%10%10%
Return on Equity%6%5%6%
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital5050100100107110110114
Reserves4325151,4731,6272,2652,6512,7403,188
Borrowings6948474238368221,0691,3731,867
Other Liabilities1462523013275847721,0452,843
Total Liabilities1,3231,6642,2982,8913,7784,6025,2698,013
Fixed Assets6819771,1151,2021,4171,5012,1853,713
CWIP1911014344120609216114
Investments0001496767919
Other Assets4515861,1401,4962,1732,4242,8604,167
Total Assets1,3231,6642,2982,8913,7784,6025,2698,013
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity39951-17129259-30334
Cash from Investing Activity-250-178-193-412-523-392-330-820
Cash from Financing Activity206102416384371395223621
Net Cash Flow-619224-19914062-137135
Free Cash Flow-209-85-144-318232-644-440-220
CFO/OP55%77%10%-44%84%28%3%72%
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days8889929595143186148
Inventory Days277515530852483627876490
Days Payable105226215225167247348261
Cash Conversion Cycle260379408722410524715377
Working Capital Days5621168218153138160108
ROCE %9%10%11%13%9%7%7%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters60.73%61.41%61.26%61.23%61.23%61.19%61.19%61.19%59.07%59.07%59.07%59.07%
FIIs10.26%9.13%8.07%7.14%7.00%7.46%6.47%4.94%7.63%7.60%6.91%7.72%
DIIs1.76%2.51%2.56%2.56%2.30%2.32%2.25%2.24%1.37%0.41%0.35%0.38%
Public27.25%26.96%28.10%29.06%29.47%29.06%30.11%31.65%31.93%32.89%33.65%32.82%
No. of Shareholders61,12960,08957,62362,21863,86660,93857,47847,71148,78547,46943,47542,776

Fundamentals

Market Cap₹ 13,409 Cr.
Current Price₹ 1,178
Stock P/E76.8
Book Value₹ 290
ROCE7.38 %
ROE5.55 %
Dividend Yield0.13 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)52%
Compounded Profit Growth (TTM)42%
Consolidated figures.
Valuation
Market capRs 12,776 Cr
Enterprise valueRs 13,556 Cr
P/E (TTM)73.12x
Price to book4.63x
Price to sales5.04x
EV / EBITDA23.02x
EV / EBIT32.01x
EV / sales5.35x
Price to cash flow216.43x
Earnings yield1.37%
Dividend yield0.11%
P/E, 3-year average60.01x
P/B, 3-year average4.06x
P/E, 5-year average62.39x
P/B, 5-year average3.82x
Profitability
Operating margin (excl. other income)25.81%
Operating margin (incl. other income)27.86%
EBITDA margin23.23%
Pre-tax margin10.31%
Net profit margin6.89%
Net margin, latest quarter5.90%
ROE5.01%
ROCE9.43%
ROA3.07%
ROE, 3-year average7.69%
ROCE, 3-year average11.13%
ROA, 3-year average4.79%
ROE, 5-year average7.96%
ROCE, 5-year average10.46%
ROA, 5-year average4.29%
ROIC (approx.)8.28%
Tax rate30.75%
Other income / net worth1.10%
Growth
Sales growth (latest year)-7.92%
Profit growth (latest year)-28.89%
Sales CAGR, 3 years22.07%
Sales CAGR, 5 years24.08%
Profit CAGR, 3 years22.30%
Profit CAGR, 5 years21.16%
Sales growth QoQ3.02%
Profit growth QoQ-9.40%
Sales growth YoY (latest quarter)34.82%
Profit growth YoY (latest quarter)13.51%
Per share
EPS (TTM)Rs 15.91
EPS (latest year)Rs 11.71
EPS (latest quarter)Rs 3.52
EPS, 3-year averageRs 14.57
EPS, 5-year averageRs 12.28
Book value per shareRs 251.49
Sales per shareRs 230.87
Cash flow per shareRs 5.38
Free cash flow per shareRs -20.04
Dividend per share (latest year)Rs 1.25
Dividend per share, 3-year averageRs 1.58
Dividend per share, 5-year averageRs 1.31
Dividends
Dividend payout10.67%
Dividend payout, 3-year average10.70%
Dividend payout, 5-year average9.81%
Efficiency
Asset turnover0.32x
Fixed asset turnover0.98x
Inventory turnover0.88x
Inventory days416 days
Debtor days143 days
Debtors turnover2.55x
Creditor days261 days
Cash conversion cycle377 days
Working capital days108 days
Leverage
Total debtRs 1,069 Cr
Cash and bankRs 289 Cr
Net debtRs 780 Cr
Debt to equity0.39x
Net debt / EBITDA1.32x
Interest coverage2.61x
Current ratio (filing 2026-03-31)1.43x
Quick ratio (filing 2026-03-31)0.75x
Trade payables (filing 2026-03-31)Rs 946 Cr
Owners' fund to total sources60.00%
Debt to assets23.23%
Cash flow
Cash from Operating Activity (latest year)Rs 59 Cr
Cash from Investing Activity (latest year)Rs -392 Cr
Cash from Financing Activity (latest year)Rs 395 Cr
Net Cash Flow (latest year)Rs 62 Cr
Free cash flow (latest year)Rs -220 Cr
FCFE (approx.: FCF + change in debt)Rs 27 Cr
Cash from ops / profit, 5 years0.53x
Sales to cash flow24.99x
Statement figures
Net sales (TTM)Rs 2,535 Cr
Net sales (latest year)Rs 1,475 Cr
Sales (latest quarter)Rs 655 Cr
Operating profit excl. other income (latest year)Rs 381 Cr
Operating profit (latest quarter)Rs 162 Cr
Other income (TTM)Rs 26 Cr
EBITDA (TTM)Rs 589 Cr
PBDT (TTM)Rs 427 Cr
Profit before tax (TTM)Rs 261 Cr
Tax (latest year)Rs 74 Cr
Net profit (TTM)Rs 175 Cr
Net profit (latest year)Rs 129 Cr
Net profit (latest quarter)Rs 39 Cr
Depreciation (TTM)Rs 165 Cr
Depreciation (latest quarter)Rs 56 Cr
Interest (TTM)Rs 162 Cr
Cost of goods sold (latest year)Rs 926 Cr
Total expenditure (latest year)Rs 1,094 Cr
Total income (latest year)Rs 1,505 Cr
Share capitalRs 110 Cr
ReservesRs 2,651 Cr
Shareholders' fundsRs 2,761 Cr
Total assetsRs 4,602 Cr
Net blockRs 1,501 Cr
Capital work in progressRs 609 Cr
InvestmentsRs 67 Cr
ReceivablesRs 579 Cr
InventoryRs 1,055 Cr
Other liabilitiesRs 772 Cr
Shares outstanding (crore)10.98
Ownership
Promoter holding59.07% (-2.12 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 73.1 is at the 12th percentile of its own 5.4-year range (median 133.3, low 49.9, high 240.6).
P/B 4.63 is at the 5th percentile (median 6.22).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodANURASNifty 50Difference
1 week-1.1%-2.8% +1.6 pts
1 month-7.6%-6.8% -0.8 pts
3 months-8.4%-7.6% -0.7 pts
6 months-5.5%+0.4% -5.9 pts
1 year+5.3%-9.9% +15.3 pts
2 years+55.9%-13.6% +69.4 pts
3 years+31.5%+14.2% +17.3 pts
5 years+48.9%+27.9% +21.0 pts
33 mutual fund schemes hold about ₹52 Cr. Over three months 18 bought more and 3 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
ITI Mid Cap Fund1.25%19 +100%
WOC Special Opp Fund0.41%8 +100%
Nippon India Nifty Smallcap 250 Index Fund0.17%6 +5%
ITI ELSS Tax Saver Fund1.29%6 +100%
SBI Nifty Smallcap 250 Index Fund0.17%3 +5%
Motilal Oswal Nifty Smallcap 250 Index Fund0.17%2 +5%
ICICI Pru Nifty Smallcap 250 Index Fund0.17%1 +5%
HDFC NIFTY Smallcap 250 Index Fund0.17%1 +5%
Nippon India Nifty 500 Equal Weight Index Fund0.20%1 +9%
JioBlackRock Nifty Smallcap 250 Index Fund0.17%1 +5%
Motilal Oswal Nifty 500 Index Fund0.02%1 +9%
Edelweiss Nifty Smallcap 250 Index Fund0.17%0 +5%
AlphaGrep Flexi Cap Fund0.79%0 +100%
Groww Nifty Smallcap 250 Index Fund0.17%0 +5%
HDFC Nifty500 Multicap 50:25:25 Index Fund0.04%0 +7%
Bandhan Nifty Smallcap 250 Index Fund0.17%0 +5%
Kotak Nifty Smallcap 250 Index Fund0.17%0 +5%
SBI Nifty 500 Index Fund0.02%0 +9%
Groww Nifty Total Market Index Fund0.02%0 +9%
Axis Nifty 500 Index Fund0.02%0 +9%
DSP Nifty Smallcap 250 Index Fund0.17%0 +4%
ICICI Pru Nifty 500 Index Fund0.02%0 +4%
UTI Nifty 500 Index Fund0.02%0 +100%
Angel One Nifty Total Market Index Fund0.02%0 +3%
Mirae Asset Nifty Total Market Index Fund0.02%0 +3%

Red flags

F-score 2 of 8
explainWeak cash conversion Cash from operations was 39% of net profit over the last 3 years
explainReceivables outrunning sales Receivables grew 40% vs sales -8% in 2026
explainDebt up, profit down Borrowings up 30% while net profit fell in 2026
lookAuditor change Auditor change 2026-05-23: Anupam Rasayan India Limited has informed the Exchange regarding Change in Auditors of the company.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹655 Cr +34.8% vs Jun 2025. Net profit ₹51 Cr +6.2%.

Activity

Compare
CompanyMcap (Cr)P/EROCE
Pidilite Industries Ltd148,80956.231.0 %
Gujarat Fluorochemicals Ltd48,40278.49.64 %
Navin Fluorine International Ltd42,25553.121.0 %
Aether Industries Ltd23,22696.811.9 %
Deepak Nitrite Ltd20,85426.311.4 %
Atul Ltd17,61422.114.9 %
Aarti Industries Ltd17,04532.66.86 %
Fine Organic Industries Ltd15,75936.021.5 %
BASF India Ltd14,87124.014.5 %
Privi Speciality Chemicals Ltd14,08440.322.3 %
Vinati Organics Ltd12,17324.421.4 %
Elantas Beck India Ltd10,82060.921.2 %
Jubilant Ingrevia Ltd10,18032.011.4 %
Alkyl Amines Chemicals Ltd9,11140.516.6 %
Clean Science & Technology Ltd8,24535.420.7 %
No bulk or block deals on record.
Ex-dateActionFactor
2026-09-18Dividend - Rs 1.50 Per Share
2025-07-21Interim Dividend - Rs 0.75 Per Sh
2024-09-17Dividend - Re 0.75 Per Share
2023-11-20Interim Dividend - Re 0.50 Per Share
2023-09-22Annual General Meeting
2023-05-15Interim Dividend - Rs 1.50 Per Share
2023-02-08Interim Dividend - Re 0.60 Per Share
2022-09-02Dividend - Re 1 Per Share
2022-09-02Annual General Meeting
2022-08-03Interim Dividend - Rs 0.40 Per Share
2021-11-17 Interim Dividend - Rs 0.50 Per Share
2021-09-15 Dividend - Rs 0.50 Per Share
2021-09-15 Annual General Meeting
DateTypeWhat it says
2026-10-01Shareholder meetingAnupam Rasayan India Limited has submitted the Exchange a copy Srutinizers report and e-voting results of 23rd Annual General Meeting held on Septemb...
2026-09-30General UpdatesUpdate on disclosure dated 28 September 2026 on the intimation of acquisition of equity shares of Bliss GVS Pharma Limited
2026-09-30Shareholder meetingProceedings of Annual General Meeting held on September 30, 2026
2026-09-29General UpdatesAcquisition of equity shares of Bliss GVS Pharma Limited.
2026-09-28Press ReleaseA press release titled "Anupam Rasayan Concludes Acquisition of Bliss GVS Pharma, Marks Third Strategic Step Towards Building an Integrated Global Pha...
2026-09-24Giving guarantees/indemnity/Guarantee
2026-09-23AgreementsExecution of certain security documents
2026-09-21AllotmentAllotment of 14500 securities pursuant to Non Convertible Securities at its meeting held on September 21, 2026
2026-09-19Issue of SecuritiesIssuance of non-convertible debentures on a private placement basis.
2026-09-19Board meeting outcomeOutcome of Board Meeting held on September 19, 2026.
2026-09-17Board meeting outcomeOutcome of Board Meeting held on September 17, 2026.
2026-09-09General UpdatesAcquisition of equity shares in Tanfac Industries Limited pursuant to preferential issue.
2026-09-08Shareholder meetingNotice of 23rd Annual General Meeting of the members of the Company to be held on September 30, 2026
2026-09-07General UpdatesAcquisition of equity shares in Tanfac Industries Limited pursuant to a preferential issue
2026-09-07AppointmentAppointment of Ms Hetvi Vyas as Deputy Chief Financial Officer and Key Managerial Officer of the company w.e.f. September 08, 2026.
2026-09-07Record DateRecord date for the purpose of Dividend is 18-Sep-2026.
2026-09-07Board meeting outcomeOutcome of Board Meeting held on September 07, 2026.
2026-09-05Press ReleaseA press release dated September 05, 2026, titled "Anupam Rasayan Secures Chemical Supply Contract with a Global Industrial Major, Paving the Way for a...
2026-08-31Credit RatingCredit Rating
2026-08-20Concall / analyst meetTranscript of Earnings Call on the Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter ended June 30, 2026.
2026-08-14Concall / analyst meetSubmission of audio recording on Earnings Call pertaining to Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter ...
2026-08-14Investor PresentationInvestor Presentation
2026-08-14Press ReleaseA press release dated August 14, 2026, regarding the Unaudited Financial Results (Standalone and Consolidated) for the quarter ended June 30, 2026
2026-08-14AppointmentAppointment of Mr. Ravi Desai as Chief Operating Officer of the company w.e.f. August 14, 2026.
2026-08-14Board meeting outcomeAnupam Rasayan India Limited has submitted to the Exchange, the Standalone and Consolidated Financial Results for the quarter ended Jun 30, 2026.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Scrip PE is greater than 50 (4 trailing quarters)

Quick answers

What is the market cap of Anupam Rasayan India Ltd?

Anupam Rasayan India Ltd (ANURAS) has a market capitalisation of Rs 13,409 Cr. at the 2026-10-01 close.

What is the P/E ratio of Anupam Rasayan India Ltd?

Anupam Rasayan India Ltd trades at a P/E of 76.8 on trailing twelve-month profit, at the 2026-10-01 close.

What were Anupam Rasayan India Ltd's latest quarterly results?

In the Jun 2026 quarter, Anupam Rasayan India Ltd sales was Rs 655 Cr (+34.8% vs Jun 2025) and net profit was Rs 51 Cr.

What is the 52-week high and low of Anupam Rasayan India Ltd?

The 52-week high is Rs 1,415.00 and the 52-week low is Rs 1,045.20.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03