Anupam Rasayan India Ltd
NSE: ANURAS · Specialty Chemicals · sector
₹1,124.50NSE close 2026-10-26
Key numbers
Market cap₹12,802 cr
Price₹1,124.50
52w high / low₹1,415 / ₹1,054
P/E73.1xSector median 22.6x
P/B3.8xSector median 2.6x
Book value₹292.8
Dividend yield0.12%Sector median 0.60%
ROE5.7%Sector median 10.6%
ROCE8.2%Sector median 12.9%
OPM22.2%Sector median 12.1%
Debt / equity0.54xSector median 0.18x
EV/EBITDA25.2xSector median 15.1x
Interest cover2.6x
Current ratio1.43x
Sales growth 3y+13.9%Sector median +5.0%
Profit growth 3y-2.0%Sector median +0.9%
PEG–
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 107 companies in Specialty Chemicals (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹411 cr vs borrowings ₹1,815 cr (FY26): borrowings are higher by ₹1,404 cr.
- Borrowings rose in each of the last 3 years (₹788 cr → ₹1,815 cr).
- Operating profit covered interest 2.6x in the last 12 months.
- 32.85% of the promoters' shares are pledged (19.4% of all shares).
- Operating cash flow was below net profit in 3 of the last 5 years (FY25, FY24, FY22).
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 15% of net profit in the last 12 months.
- Dividend paid in 5 of the last 5 financial years.
- Price ₹1,124.50 on 2026-10-26: -20.5% from the 52-week high, +6.7% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹1,371.10 · low ₹640.05
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 294 | 390 | 500 | 486 | 731 | 512 | 636 | 655 |
| EBITDA | 80 | 124 | 144 | 124 | 136 | 127 | 137 | 162 |
| OPM % | 27.4% | 31.9% | 28.9% | 25.6% | 18.6% | 24.9% | 21.6% | 24.8% |
| Other income | 2 | -4 | 6 | 5 | 8 | 2 | 3 | 13 |
| Net profit | 17 | 28 | 45 | 34 | 44 | 49 | 43 | 39 |
| EPS (₹) | 1.51 | 2.57 | 4.06 | 3.10 | 3.93 | 4.31 | 3.75 | 3.39 |
| Revenue YoY | +148.8% | +31.4% | +27.1% | +34.8% | ||||
| Profit YoY | +166.3% | +74.0% | -4.3% | +13.5% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 1,066 | 1,602 | 1,475 | 1,437 | 2,365 | 2,535 |
| EBITDA | 297 | 431 | 381 | 401 | 525 | 563 |
| Net profit | 152 | 181 | 129 | 93 | 170 | 175 |
| EPS (₹) | 15.22 | 20.91 | 11.89 | 8.50 | 15.09 | 15.38 |
| Revenue growth | +50.3% | -7.9% | -2.6% | +64.6% | +51.8% | |
| Profit growth | +18.8% | -28.9% | -27.4% | +82.2% | +41.5% | |
| Dividend / share (₹) | 1.00 | 2.00 | 2.00 | 0.75 | 0.75 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +13.9% | +23.9% | +51.8% |
| Net profit | -2.0% | +19.3% | +41.5% |
| EPS | -10.3% | +12.0% | – |
| Share price | – | +23.3% (2y) | +0.5% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 2,373 | 2,761 | 2,850 | 3,334 |
| Borrowings | – | 788 | 1,020 | 1,318 | 1,815 |
| Cash & equivalents | – | 630 | 354 | 135 | 411 |
| Total assets | – | 3,778 | 4,602 | 5,269 | 8,013 |
| Fixed assets | – | 1,280 | 1,357 | 2,038 | 2,980 |
| Capital work in progress | – | 120 | 609 | 216 | 114 |
| Investments | – | 1 | 1 | 2 | 2 |
| Receivables | – | 415 | 579 | 734 | 959 |
| Inventory | – | 931 | 1,055 | 1,452 | 1,775 |
| Payables | – | 323 | 415 | 576 | 946 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | -171 | 292 | 59 | -30 | 334 |
| Cash from investing | -412 | -523 | -392 | -330 | -820 |
| Cash from financing | 384 | 371 | 395 | 223 | 621 |
| Capex | 147 | 221 | 716 | 410 | 555 |
| Free cash flow | -318 | 71 | -657 | -440 | -221 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 7.6% | 4.7% | 3.3% | 5.1% |
| ROCE % | – | 11.7% | 8.8% | 7.4% | 7.8% |
| Debtor days | – | 95 | 143 | 186 | 148 |
| Inventory days | – | 483 | 627 | 876 | 490 |
| Payable days | – | 167 | 247 | 348 | 261 |
| Cash conversion cycle (days) | – | 411 | 523 | 714 | 377 |
| Working capital days | – | 296 | 226 | 194 | 172 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 59.07% |
| FIIs | 8.66% |
| DIIs | 2.27% |
| of which Mutual funds | 0.43% |
| of which Insurance | 0.01% |
| Government | 0.00% |
| Public (non-institutions) | 30.01% |
| Quarter | Mar 2025 | Jun 2025 | Jul 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 61.18% | 61.18% | 59.07% | 59.07% | 59.07% | 59.07% | 59.07% | 59.07% |
| Promoter group | % |
|---|---|
| Kiran Pallavi Investments LLC | 31.80% |
| Anand Sureshbhai Desai | 9.73% |
| Shraddha Anand Desai | 6.84% |
| Rehash Industrial And Resins Chemicals Pvt Ltd | 6.34% |
| Mona Anandbhai Desai | 3.64% |
| Panna Divyesh Vaidya | 0.55% |
| Ushma Deven Mehta | 0.18% |
| Gaurav Ramsarup Khurana HUF (Karta of HUF is Gaurav Ramsarup Khurana) | 0.00% |
| Meenaben Bharatbhai Desai | 0.00% |
| Public holders above 1% | % |
|---|---|
| Milan Ramesh Thakkar | 14.53% |
| Jainam Broking Limited | 3.89% |
| Vikasa India EIF I Fund | 2.31% |
| Zeal Global Opportunities Fund | 1.49% |
| M7 Global Fund Pcc-cell Dewcap Fund | 1.48% |
| Jayeshkumar Virendrabhai Patel | 1.20% |
| Thakkar Nileshkumar Farshuram HUF | 1.11% |
44,080 shareholders. Pledged: 32.85% of promoter shares.
Peers in Specialty Chemicals
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| PIDILITIND | ₹1,50,431 cr | 56.8x | 13.9x | 25.7% | 33.4% | 24.5% | +7.4% | 1.01% |
| FLUOROCHEM | ₹46,168 cr | 75.4x | 5.9x | 8.1% | 10.0% | 25.6% | -4.2% | 0.07% |
| NAVINFLUOR | ₹39,306 cr | 49.7x | 9.9x | 23.9% | 22.2% | 33.7% | +16.8% | 0.18% |
| DEEPAKNTR | ₹19,676 cr | 25.1x | 3.4x | 14.0% | 15.3% | 15.4% | -0.4% | 0.52% |
| AETHER | ₹19,529 cr | 82.8x | 8.0x | 10.1% | 11.4% | 30.9% | +21.2% | – |
| ATUL | ₹15,762 cr | 19.8x | 2.5x | 11.9% | 16.9% | 17.9% | +7.9% | 0.47% |
| AARTIIND | ₹15,539 cr | 29.3x | 2.6x | 9.2% | 8.0% | 14.9% | +7.8% | 0.24% |
| FINEORG | ₹15,328 cr | 35.0x | 5.8x | 17.7% | 21.3% | 21.7% | -7.8% | 0.22% |
| BASF | ₹13,174 cr | 20.5x | 3.3x | 16.9% | 22.0% | 5.9% | +3.1% | 0.66% |
| ANURAS | ₹12,802 cr | 73.1x | 3.8x | 5.7% | 8.2% | 22.2% | +13.9% | 0.12% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-09-18 | Dividend | Dividend - Rs 1.50 Per Share |
| 2025-07-21 | Dividend | Interim Dividend - Rs 0.75 Per Sh |
| 2024-09-17 | Dividend | Dividend - Re 0.75 Per Share |
| 2023-11-20 | Dividend | Interim Dividend - Re 0.50 Per Share |
| 2023-09-22 | Other | Annual General Meeting |
| 2023-05-15 | Dividend | Interim Dividend - Rs 1.50 Per Share |
| 2023-02-08 | Dividend | Interim Dividend - Re 0.60 Per Share |
| 2022-09-02 | Dividend | Dividend - Re 1 Per Share |
| 2022-09-02 | Other | Annual General Meeting |
| 2022-08-03 | Dividend | Interim Dividend - Rs 0.40 Per Share |
| 2021-11-17 | Dividend | Interim Dividend - Rs 0.50 Per Share |
| 2021-09-15 | Dividend | Dividend - Rs 0.50 Per Share |
| 2021-09-15 | Other | Annual General Meeting |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Chemical Manufacturing (Anupam Rasayan India Limited + Tanfac Industries Limited + Jayhawk Fine Chemical): Manufacturing of Intermediate Specialty chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Sector | Commodities |
| Industry | Specialty Chemicals |
| Sub-industry | Specialty Chemicals |
| Symbol | ANURAS |
| BSE code | 543275 |
| ISIN | INE930P01018 |
| Face value | ₹10.0 |
| Incorporated | 2003-09-30 |
| Website | www.anupamrasayan.com |
| Plants (India / abroad) | 7 / 1 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.