Share Price and Basic Stock Data
Last Updated: November 7, 2025, 6:23 pm
| PEG Ratio | 0.00 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
Anka India Ltd operates in the leather and synthetic products industry, with a current market capitalization of ₹245 Cr. The company’s share price stood at ₹47.6. Revenue trends have shown significant volatility; sales recorded ₹0.20 Cr in September 2022, increasing to ₹1.08 Cr by September 2023. However, this surge was not consistent, with a dip to ₹0.09 Cr in June 2023. The trailing twelve months (TTM) sales amounted to ₹2.66 Cr, indicating some recovery post the pandemic disruptions. The company’s cost structure has also fluctuated, reflecting in the operational performance, with total expenses reaching ₹4.79 Cr for the year ending March 2023. The operating profit margin (OPM) for the same period was reported at -230.34%, highlighting ongoing challenges in cost management and pricing strategy. Overall, while there are indications of revenue recovery, the inconsistent sales performance raises concerns about demand stability in the leather market.
Profitability and Efficiency Metrics
Anka India Ltd reported a net profit of -₹3.41 Cr for the year ending March 2023, with a corresponding earnings per share (EPS) of -₹3.90. The company’s profitability metrics reveal significant challenges, as evidenced by a negative return on equity (ROE) of -67.08% and return on capital employed (ROCE) of -68.28%. The cash conversion cycle stood at 5.03 days, which is relatively efficient compared to industry standards, though liquidity ratios indicate a current ratio of 0.07 and a quick ratio of 0.04, signaling liquidity constraints. The operating profit for March 2023 was -₹3.34 Cr, reflecting an OPM of -230.34%, which is considerably below the industry average. The company’s ability to manage operational costs effectively is critical for improving profitability, especially given the high expense levels, which reached ₹4.79 Cr in the last fiscal year.
Balance Sheet Strength and Financial Ratios
Anka India’s balance sheet reveals a concerning financial position, with total liabilities of ₹14.45 Cr against total assets of ₹14.45 Cr as of September 2023. The company’s reserves stood at -₹4.06 Cr, further underscoring financial instability. Borrowings have slightly increased from ₹7.10 Cr in March 2023 to ₹7.15 Cr in September 2023, resulting in a debt-to-equity ratio of 1.40, which is relatively high and indicates substantial leverage. The book value per share is reported at ₹5.82, while the price-to-book value ratio is at 3.47x, suggesting the stock is trading at a premium relative to its book value. Moreover, the interest coverage ratio remains unreported, raising concerns over the company’s ability to meet interest obligations. This financial strain necessitates a robust strategy to stabilize operations and improve financial health.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Anka India Ltd indicates a significant shift in investor confidence, with promoters holding 16.42% as of September 2023, down from 46.97% in the previous year. Public ownership stands at 83.57%, which reflects a growing interest from retail investors. The total number of shareholders increased to 1,541 as of September 2023, indicating a broadening shareholder base despite the company’s financial challenges. The absence of significant foreign institutional investment (FIIs) and domestic institutional investment (DIIs) could signal a cautious stance among institutional investors. Such a high public stake might suggest speculative trading rather than long-term investment confidence. The fluctuating promoter stake, alongside the rising public ownership, paints a mixed picture of investor sentiment, with potential implications for future governance and strategic direction.
Outlook, Risks, and Final Insight
If margins sustain improvement from the recent sales trends, Anka India could potentially stabilize its financial position. However, the company faces significant risks, including high operational costs, liquidity constraints, and the need to manage its debt effectively. The fluctuating revenue trends and negative profitability metrics remain critical challenges that demand immediate attention. A focus on enhancing operational efficiency and cost management could pave the way for recovery. Additionally, the shift in shareholding dynamics could either provide opportunities for new strategies or lead to instability if not managed well. Overall, the path forward will require strategic initiatives to address these financial and operational hurdles while leveraging any potential market recovery in the leather and synthetic products sector.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Anka India Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| NB Footwear Ltd | 11.5 Cr. | 8.54 | 20.7/7.31 | 1.92 | 0.00 % | % | % | 10.0 | |
| Euro Leder Fashion Ltd | 8.82 Cr. | 19.7 | 30.5/18.0 | 40.1 | 32.7 | 0.00 % | 4.72 % | 1.31 % | 10.0 |
| Billwin Industries Ltd | 12.8 Cr. | 30.5 | 57.4/0.00 | 17.5 | 33.8 | 0.00 % | 9.09 % | 7.08 % | 10.0 |
| Anka India Ltd | 302 Cr. | 58.7 | 71.1/13.0 | 5.36 | 0.00 % | % | % | 10.0 | |
| Amin Tannery Ltd | 21.6 Cr. | 2.00 | 3.03/1.80 | 72.0 | 1.19 | 0.00 % | 4.26 % | 2.29 % | 1.00 |
| Industry Average | 739.00 Cr | 196.56 | 38.13 | 132.43 | 0.13% | 6.81% | 4.43% | 8.00 |
Quarterly Result
| Metric | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 |
|---|---|---|---|---|---|---|
| Sales | 0.20 | 0.23 | 0.49 | 0.09 | 1.08 | 1.00 |
| Expenses | 0.39 | 0.87 | 0.24 | 0.13 | 1.47 | 1.25 |
| Operating Profit | -0.19 | -0.64 | 0.25 | -0.04 | -0.39 | -0.25 |
| OPM % | -95.00% | -278.26% | 51.02% | -44.44% | -36.11% | -25.00% |
| Other Income | 0.01 | 0.07 | 0.05 | 0.01 | -0.22 | 0.39 |
| Interest | 0.00 | 0.00 | 0.05 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.03 | 0.04 | 0.04 | 0.02 | 0.02 | 0.02 |
| Profit before tax | -0.21 | -0.61 | 0.21 | -0.05 | -0.63 | 0.12 |
| Tax % | 0.00% | 3.28% | -52.38% | 0.00% | 0.00% | 0.00% |
| Net Profit | -0.21 | -0.62 | 0.32 | -0.05 | -0.64 | 0.11 |
| EPS in Rs | -0.33 | -0.99 | 0.37 | -0.06 | -0.73 | 0.13 |
Last Updated: Unknown
Below is a detailed analysis of the quarterly data for Anka India Ltd based on the most recent figures (Dec 2023) and their trends compared to the previous period:
- For Sales, as of Dec 2023, the value is 1.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1.08 Cr. (Sep 2023) to 1.00 Cr., marking a decrease of 0.08 Cr..
- For Expenses, as of Dec 2023, the value is 1.25 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 1.47 Cr. (Sep 2023) to 1.25 Cr., marking a decrease of 0.22 Cr..
- For Operating Profit, as of Dec 2023, the value is -0.25 Cr.. The value appears strong and on an upward trend. It has increased from -0.39 Cr. (Sep 2023) to -0.25 Cr., marking an increase of 0.14 Cr..
- For OPM %, as of Dec 2023, the value is -25.00%. The value appears strong and on an upward trend. It has increased from -36.11% (Sep 2023) to -25.00%, marking an increase of 11.11%.
- For Other Income, as of Dec 2023, the value is 0.39 Cr.. The value appears strong and on an upward trend. It has increased from -0.22 Cr. (Sep 2023) to 0.39 Cr., marking an increase of 0.61 Cr..
- For Interest, as of Dec 2023, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2023) which recorded 0.00 Cr..
- For Depreciation, as of Dec 2023, the value is 0.02 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2023) which recorded 0.02 Cr..
- For Profit before tax, as of Dec 2023, the value is 0.12 Cr.. The value appears strong and on an upward trend. It has increased from -0.63 Cr. (Sep 2023) to 0.12 Cr., marking an increase of 0.75 Cr..
- For Tax %, as of Dec 2023, the value is 0.00%. The value remains steady. There is no change compared to the previous period (Sep 2023) which recorded 0.00%.
- For Net Profit, as of Dec 2023, the value is 0.11 Cr.. The value appears strong and on an upward trend. It has increased from -0.64 Cr. (Sep 2023) to 0.11 Cr., marking an increase of 0.75 Cr..
- For EPS in Rs, as of Dec 2023, the value is 0.13. The value appears strong and on an upward trend. It has increased from -0.73 (Sep 2023) to 0.13, marking an increase of 0.86.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: Unknown
| Metric | Mar 2023 | TTM |
|---|---|---|
| Sales | 1.45 | 2.66 |
| Expenses | 4.79 | 3.09 |
| Operating Profit | -3.34 | -0.43 |
| OPM % | -230.34% | -16.17% |
| Other Income | 0.00 | 0.23 |
| Interest | 0.00 | 0.05 |
| Depreciation | 0.14 | 0.10 |
| Profit before tax | -3.48 | -0.35 |
| Tax % | -2.01% | |
| Net Profit | -3.41 | -0.26 |
| EPS in Rs | -3.90 | -0.29 |
| Dividend Payout % | 0.00% |
YoY Net Profit Growth
| Year |
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| YoY Net Profit Growth (%) |
| Change in YoY Net Profit Growth (%) |
No data available for trend analysis.
Growth
| Compounded Sales Growth | |
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| Compounded Profit Growth | |
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| Stock Price CAGR | |
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| 10 Years: | 26% |
| 5 Years: | 56% |
| 3 Years: | 83% |
| 1 Year: | 370% |
| Return on Equity | |
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Last Updated: September 5, 2025, 2:16 pm
No data available for the Balance Sheet data table.
Cash Flow - No data available for this post.
Free Cash Flow
| Month | Mar 2023 |
|---|---|
| Free Cash Flow | -10.44 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2023 |
|---|---|
| Debtor Days | 5.03 |
| Inventory Days | |
| Days Payable | |
| Cash Conversion Cycle | 5.03 |
| Working Capital Days | -2,008.76 |
| ROCE % |
This stock is not held by any mutual fund.
Key Financial Ratios
| Month | Mar 23 |
|---|---|
| FaceValue | 10.00 |
| Basic EPS (Rs.) | -5.43 |
| Diluted EPS (Rs.) | -5.43 |
| Cash EPS (Rs.) | -3.74 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 5.82 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 5.82 |
| Revenue From Operations / Share (Rs.) | 1.66 |
| PBDIT / Share (Rs.) | -3.83 |
| PBIT / Share (Rs.) | -3.98 |
| PBT / Share (Rs.) | -3.98 |
| Net Profit / Share (Rs.) | -3.90 |
| NP After MI And SOA / Share (Rs.) | -3.90 |
| PBDIT Margin (%) | -230.43 |
| PBIT Margin (%) | -239.87 |
| PBT Margin (%) | -239.87 |
| Net Profit Margin (%) | -234.94 |
| NP After MI And SOA Margin (%) | -234.94 |
| Return on Networth / Equity (%) | -67.08 |
| Return on Capital Employeed (%) | -68.28 |
| Return On Assets (%) | -24.92 |
| Total Debt / Equity (X) | 1.40 |
| Current Ratio (X) | 0.07 |
| Quick Ratio (X) | 0.04 |
| Enterprise Value (Cr.) | 24.66 |
| EV / Net Operating Revenue (X) | 17.00 |
| EV / EBITDA (X) | -7.38 |
| MarketCap / Net Operating Revenue (X) | 12.16 |
| Price / BV (X) | 3.47 |
| Price / Net Operating Revenue (X) | 12.16 |
| EarningsYield | -0.19 |
After reviewing the key financial ratios for Anka India Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 23, the value is 10.00. This value is within the healthy range. No previous period data is available for comparison.
- For Basic EPS (Rs.), as of Mar 23, the value is -5.43. This value is below the healthy minimum of 5. No previous period data is available for comparison.
- For Diluted EPS (Rs.), as of Mar 23, the value is -5.43. This value is below the healthy minimum of 5. No previous period data is available for comparison.
- For Cash EPS (Rs.), as of Mar 23, the value is -3.74. This value is below the healthy minimum of 3. No previous period data is available for comparison.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 23, the value is 5.82. No previous period data is available for comparison.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 23, the value is 5.82. No previous period data is available for comparison.
- For Revenue From Operations / Share (Rs.), as of Mar 23, the value is 1.66. No previous period data is available for comparison.
- For PBDIT / Share (Rs.), as of Mar 23, the value is -3.83. This value is below the healthy minimum of 2. No previous period data is available for comparison.
- For PBIT / Share (Rs.), as of Mar 23, the value is -3.98. This value is below the healthy minimum of 0. No previous period data is available for comparison.
- For PBT / Share (Rs.), as of Mar 23, the value is -3.98. This value is below the healthy minimum of 0. No previous period data is available for comparison.
- For Net Profit / Share (Rs.), as of Mar 23, the value is -3.90. This value is below the healthy minimum of 2. No previous period data is available for comparison.
- For NP After MI And SOA / Share (Rs.), as of Mar 23, the value is -3.90. This value is below the healthy minimum of 2. No previous period data is available for comparison.
- For PBDIT Margin (%), as of Mar 23, the value is -230.43. This value is below the healthy minimum of 10. No previous period data is available for comparison.
- For PBIT Margin (%), as of Mar 23, the value is -239.87. This value is below the healthy minimum of 10. No previous period data is available for comparison.
- For PBT Margin (%), as of Mar 23, the value is -239.87. This value is below the healthy minimum of 10. No previous period data is available for comparison.
- For Net Profit Margin (%), as of Mar 23, the value is -234.94. This value is below the healthy minimum of 5. No previous period data is available for comparison.
- For NP After MI And SOA Margin (%), as of Mar 23, the value is -234.94. This value is below the healthy minimum of 8. No previous period data is available for comparison.
- For Return on Networth / Equity (%), as of Mar 23, the value is -67.08. This value is below the healthy minimum of 15. No previous period data is available for comparison.
- For Return on Capital Employeed (%), as of Mar 23, the value is -68.28. This value is below the healthy minimum of 10. No previous period data is available for comparison.
- For Return On Assets (%), as of Mar 23, the value is -24.92. This value is below the healthy minimum of 5. No previous period data is available for comparison.
- For Total Debt / Equity (X), as of Mar 23, the value is 1.40. This value exceeds the healthy maximum of 1. No previous period data is available for comparison.
- For Current Ratio (X), as of Mar 23, the value is 0.07. This value is below the healthy minimum of 1.5. No previous period data is available for comparison.
- For Quick Ratio (X), as of Mar 23, the value is 0.04. This value is below the healthy minimum of 1. No previous period data is available for comparison.
- For Enterprise Value (Cr.), as of Mar 23, the value is 24.66. No previous period data is available for comparison.
- For EV / Net Operating Revenue (X), as of Mar 23, the value is 17.00. This value exceeds the healthy maximum of 3. No previous period data is available for comparison.
- For EV / EBITDA (X), as of Mar 23, the value is -7.38. This value is below the healthy minimum of 5. No previous period data is available for comparison.
- For MarketCap / Net Operating Revenue (X), as of Mar 23, the value is 12.16. This value exceeds the healthy maximum of 3. No previous period data is available for comparison.
- For Price / BV (X), as of Mar 23, the value is 3.47. This value exceeds the healthy maximum of 3. No previous period data is available for comparison.
- For Price / Net Operating Revenue (X), as of Mar 23, the value is 12.16. This value exceeds the healthy maximum of 3. No previous period data is available for comparison.
- For EarningsYield, as of Mar 23, the value is -0.19. This value is below the healthy minimum of 5. No previous period data is available for comparison.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
Unable to fetch valid data for stock valuation.Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Anka India Ltd:
- Net Profit Margin: -234.94%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: -68.28% (Industry Average ROCE: 6.81%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: -67.08% (Industry Average ROE: 4.43%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 0
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 0.04
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 0 (Industry average Stock P/E: 38.13)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 1.4
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: -234.94%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Leather/Synthetic Products | 6 Legend Square Sector 33, Gurgaon Haryana 122004 | response@ankaindia.com http://www.ankaindia.com |
| Management | |
|---|---|
| Name | Position Held |
| Mrs. Sulakshana Trikha | Whole Time Director |
| Mrs. Niti Sethi | Independent Director |
| Mrs. Asha Kishinchand | Independent Director |
| Mr. Raman Rakesh Trikha | Director |