ANURASChemicals

Anupam Rasayan India Limited

Specialty Chemicals · ISIN INE930P01018 · BSE 543275 · NSE EQ · FV ₹10
Last price
₹1,181
+0.25%today
What this company does

Anupam Rasayan India Limited operates in Specialty Chemicals, part of the Chemicals sector. It booked ₹655 cr of revenue in its latest quarter (Q1 FY27) and kept 5.9% of sales as profit.

37out of 100
Equitytale Health Score
Strained

Healthier than 37% of companies in Chemicals, on all six measures of filed financials. Each measure is ranked against the 14–44 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
oversold
RSI (14)
29

At close. Not part of the score.

Profitability & returns15

How much profit it earns on the money it employs

Balance sheet27

How much it owes, and whether earnings cover the interest

Cash quality56

Whether reported profit actually arrives as cash

Growth & consistency72

Whether sales and profit have grown, and how steadily

Valuation22

What today's price implies, against our models or its peers

Governance & risk58

How much of the promoters' stake is pledged, and how much they hold

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 35% vs last year
Profit up 14% vs last year
Promoters hold 59%
Turns profit into real cash
Watch-outs
! Thin 5.9% net margin
! 21.8% of promoter stake pledged
! Low 4.6% return on equity

What if I invest in ANURAS?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹1,181 +0.25%
latest close · 2026-09-17
1-year return
+60.0%
52-wk low ₹54752-wk high ₹1,274
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio87.1High
LowAverageHigh
P/B ratio4.03High
Below bookModerateHigh
EV / EBITDA21.3High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity4.6%Weak
WeakFairStrong ▸15%
Return on capital8.8%Fair
WeakFairStrong
Net margin5.9%Decent
ThinDecentStrong
EBITDA margin26.7%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.39Comfortable
LowModerateHigh ▸1
Interest cover2.4×Okay
RiskyOkayStrong ▸5×
Current ratio1.43Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹13,449 cr
Book value
₹293
EPS
₹3.39
latest quarter
Net debt
₹1,437 cr
owes more than its cash
Enterprise value
₹14,885 cr
EBITDA
₹700 cr
annualised
EBIT
₹475 cr
annualised
Operating margin
18.1%
Return on assets
1.9%
Earnings yield
1.15%
P/S
5.13
Sales / share
₹230.1
Tax rate
26.5%
Face value
₹10
Shares
11.4 cr
Working capital
₹1,112 cr
Current assets
₹3,728 cr
Current liabilities
₹2,615 cr
Delivery %
61.3%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the exchange filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹103₹285, midpoint ₹268

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹655 cr
Other Income₹13 cr
Total Income₹668 cr
Cost of Materials₹354 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹-69 cr
Employee Benefit Expense₹65 cr
Finance Costs₹49 cr
Depreciation & Amortisation₹56 cr
Other Expenses₹143 cr
Total Expenses₹598 cr
Profit before Tax₹70 cr
Tax Expense₹18 cr
Net Profit₹51 cr
Net margin on total income7.7%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹285 cr42.6%
Employee benefit expense₹65 cr9.7%
Finance costs₹49 cr7.4%
Depreciation & amortisation₹56 cr8.4%
Other expenses₹143 cr21.4%
Tax expense₹18 cr2.8%
Profit for the period₹51 cr7.7%
Total income ₹668 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue512 cr636 cr655 cr
Total income515 cr639 cr668 cr
Expenses455 cr583 cr598 cr
Profit before tax60 cr56 cr70 cr
Tax-64.3 L7.2 L18 cr
Net profit (owners' share)49 cr43 cr39 cr
Net margin (owners' share, on revenue)9.6%6.7%5.9%
EPS (₹)4.313.753.39
YoY (latest quarter): total income +36.0% · net profit +13.5%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹8,013 cr
Shareholder equity
₹3,334 cr
parent shareholders
Total debt
₹1,815 cr
Cash
₹378 cr
Cash flow · H1 FY26
Operating
₹535 cr
Investing
₹-253 cr
Financing
₹18 cr
Peer comparison
Specialty Chemicals · by market value
CompanyPriceMarket capP/E
Pidilite Industries Limited₹1,552₹1.58 L cr45.3
Gujarat Fluorochemicals Limited₹4,472₹49,190 cr55.4
Navin Fluorine International Limited₹8,220₹42,169 cr43.3
Deepak Nitrite Limited₹1,605₹21,889 cr15.9
Aether Industries Limited₹1,623₹21,543 cr85.1
Atul Limited₹6,134₹18,057 cr18.4
Aarti Industries Limited₹477₹17,287 cr27.9
Fine Organic Industries Limited₹5,202₹15,949 cr28.9
BASF India Limited₹3,602₹15,591 cr11.2
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
trailing 12 months
Dividend / share (TTM)
Last dividend
₹0.75
ex 21 Jul 2025
ActionDetailEx-date
Dividend₹0.75 / share21 Jul 2025
Dividend₹0.75 / share17 Sep 2024
Dividend₹0.5 / share20 Nov 2023
Dividend₹1.5 / share15 May 2023
Dividend₹0.6 / share8 Feb 2023
Dividend₹1 / share2 Sep 2022
Who owns it · 2026-06-30
21.8% pledged
Promoter
59.1%
FII / Foreign
7.7%
DII / Domestic
0.4%
Retail / others
32.8%
Promoter stake down 2.3% over the last 12 quarters.
Smart-money activity
Bulk / block deals
short · NSE4626 Aug 26
short · NSE103 Aug 26
short · NSE513 Jul 26
Stake changes
SoldCatalyst Trusteeship Limited→ 0.00% · 42.49 L26 Feb 26
SoldCatalyst Trusteeship Limited→ 3.73% · 30.00 L31 Dec 25
SoldCatalyst Trusteeship Limited→ 6.38% · 62.50 L10 Apr 24
Promoter pledges
PledgedCatalyst Trusteeship Limited2.00 L · 6.13% held6 Aug 26
PledgedCatalyst Trusteeship Limited (Debenture Trustee), for the benefit of Aditya Birla Capital Limited, holder of 16,000 NCDs, issued by the Company.30.00 L · 3.36% held25 May 26
ReleasedCatalyst Trusteeship Limited on behalf of Standard Chartered Capital Ltd. and Aditya Birla Capital42.49 L · 7.09% held26 Feb 26
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 9 Jan 2026
See the official result
1
To approve the increase in the overall borrowing limits of the Company in accordance with the provisions of Section 180(1)(c) of the Companies Act, 2013
Backed by 100% of shareholders other than promotersneeded 75%
1.59 cr votes for, 24,575 against · 8% of mutual funds and other big investors said no
2
To approve to sell, lease, mortgage or otherwise dispose of whole or substantially whole of the undertaking of the Company, in accordance with the provisions of Section 180(1)(a) of the Companies Act, 2013
Backed by 100% of shareholders other than promotersneeded 75%
1.59 cr votes for, 24,661 against · 8% of mutual funds and other big investors said no
3
To approve to make investment, give loan and provide guarantee and security in excess of the limits specified under Section 186 of the Companies Act, 2013
Backed by 98% of shareholders other than promotersneeded 75%
1.57 cr votes for, 2.75 L against · 86% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 9 named members
owning 59.1% between them · as of 2026-06-30
Kiran Pallavi Investments LLC31.80%
Anand Sureshbhai Desai9.73%
Shraddha Anand Desai6.84%
Rehash Industrial And Resins Chemicals Pvt Ltd6.34%
Mona Anandbhai Desai3.64%
Panna Divyesh Vaidya0.55%
Ushma Deven Mehta0.18%
Gaurav Ramsarup Khurana HUF (Karta of HUF is Gaurav Ramsarup Khurana)no shares

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹550 cr raised in Dec 2023 by selling shares to selected investors

As of Dec 2025, the company says it has spent 100% of what it set aside. CRISIL Ratings Limited watches the spending on the exchange’s behalf.

Part or full repayment of Loans
100%
₹430 cr of ₹430 cr
General Corporate Purposes
100%
₹120 cr of ₹120 cr
Spent by quarter: 50%50%100%100% (to Dec 2025)

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.