---
title: "Anil Ltd (532910) — Share Price, Financials & Analysis"
symbol: "532910"
company: "Anil Ltd"
canonical: "https://tapetide.com/stocks/532910"
isin: "INE125E01019"
bse_code: "532910"
sector: "Commodities"
industry: "Chemicals & Petrochemicals"
generated_at: "2026-09-13T18:58:24.510Z"
---

# Anil Ltd (532910)

Canonical page: https://tapetide.com/stocks/532910

## Company

- **BSE Code:** 532910
- **ISIN:** INE125E01019
- **Sector:** Commodities
- **Industry:** Chemicals & Petrochemicals
- **Macro Sector:** Commodities
- **Stock Type:** EQUITY
- **Listed Since:** 2007-12-03
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** anillimited.com

## About

Anil Limited is the Flagship Company of ANIL Group. Anil Limited is a pioneer in the Corn Wet Milling business has more than 70 years of experience. The range of products that Anil Limited manufactures is Native Starch, Chemical Starch, Modified Starches, Dextrins, Dextrose Monohydrate, Anhydrous Dextrose, Liquid Glucose, Corn Syrup, and Sorbitol.

## Latest Price

## Key Insights

### Strengths

- Stock is trading at 0.08 times its book value

### Weaknesses

- Company has low interest coverage ratio.
- Contingent liabilities of Rs.110 Cr.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -100% | 7% | 7% |
| revenue growth | 2% | 17% | 18% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 208 | 228 | 213 | 219 | 224 | 277 | 218 | 258 | 275 | 390 | 181 | 148 |
| Expenses | 173 | 187 | 178 | 180 | 184 | 228 | 184 | 212 | 231 | 326 | 169 | 151 |
| Operating Profit | 36 | 41 | 35 | 39 | 40 | 49 | 35 | 46 | 44 | 64 | 11 | -3 |
| OPM % | 17 | 18 | 16 | 18 | 18 | 18 | 16 | 18 | 16 | 16 | 6 | -2.1 |
| Other Income | 0 | 0 | 1 | 2 | 0 | 2 | 0 | 1 | 0 | 2 | 1 | 2 |
| Interest | 15 | 16 | 16 | 19 | 18 | 24 | 20 | 24 | 21 | 33 | 32 | 27 |
| Depreciation | 3 | 3 | 3 | 3 | 3 | 2 | 3 | 3 | 3 | 3 | 3 | 3 |
| Profit before tax | 17 | 22 | 18 | 19 | 20 | 25 | 12 | 20 | 21 | 30 | -24 | -32 |
| Tax % | 33 | 28 | 37 | 35 | 34 | 26 | 35 | 31 | 15 | 45 | -36 | -41 |
| Net Profit | 12 | 16 | 11 | 12 | 13 | 18 | 8 | 14 | 18 | 16 | -15 | -19 |
| EPS in Rs | 11.96 | 16.01 | 11.41 | 12.78 | 13.21 | 18.85 | 7.88 | 14.19 | 18 | 16.84 | -15.64 | -19.42 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 224 | 275 | 372 | 502 | 602 | 707 | 825 | 933 | 1142 | 994 |
| Expenses | 204 | 248 | 320 | 414 | 490 | 587 | 680 | 770 | 952 | 877 |
| Operating Profit | 20 | 27 | 52 | 88 | 111 | 120 | 145 | 163 | 189 | 116 |
| OPM % | 9 | 10 | 14 | 17 | 19 | 17 | 18 | 17 | 17 | 12 |
| Other Income | 6 | 3 | 0 | 1 | 2 | 3 | 2 | 4 | 3 | 4 |
| Interest | 10 | 10 | 16 | 28 | 40 | 52 | 64 | 77 | 97 | 113 |
| Depreciation | 4 | 4 | 5 | 6 | 10 | 11 | 13 | 10 | 12 | 13 |
| Profit before tax | 12 | 15 | 31 | 54 | 63 | 60 | 71 | 81 | 83 | -6 |
| Tax % | 41 | 32 | 23 | 26 | 26 | 24 | 32 | 32 | 33 | — |
| Net Profit | 7 | 11 | 24 | 40 | 47 | 46 | 48 | 55 | 56 | 0 |
| EPS in Rs | — | — | — | 41.21 | 48.25 | 46.71 | 49.5 | 56.25 | 56.92 | -0.22 |
| Dividend Payout % | 8 | 7 | 4 | 5 | 4 | 4 | 4 | 4 | 2 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 7 | 7 | 7 | 10 | 10 | 10 | 10 | 10 | 10 | 10 |
| Reserves | 37 | 45 | 63 | 83 | 121 | 165 | 205 | 247 | 293 | 344 |
| Borrowings | 68 | 80 | 102 | 204 | 262 | 340 | 454 | 546 | 618 | 838 |
| Other Liabilities | 56 | 53 | 63 | 77 | 102 | 133 | 136 | 162 | 174 | 162 |
| Total Liabilities | 168 | 185 | 235 | 374 | 495 | 647 | 805 | 965 | 1094 | 1353 |
| Fixed Assets | 82 | 88 | 98 | 122 | 177 | 202 | 205 | 237 | 304 | 331 |
| CWIP | 1 | 5 | 3 | 17 | 23 | 22 | 41 | 28 | 4 | 63 |
| Investments | 1 | 0 | 0 | 0 | 1 | 6 | 23 | 35 | 35 | 150 |
| Other Assets | 85 | 92 | 133 | 234 | 294 | 418 | 536 | 665 | 752 | 810 |
| Total Assets | 168 | 185 | 235 | 374 | 495 | 647 | 805 | 965 | 1094 | 1353 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 7 | 12 | -8 | -35 | 36 | 41 | 6 | 32 | 78 | 72 |
| Cash from Investing Activity | -16 | -13 | -13 | -43 | -69 | -38 | -49 | -72 | -71 | -192 |
| Cash from Financing Activity | 10 | 1 | 24 | 85 | 31 | 4 | 50 | 29 | -10 | 118 |
| Net Cash Flow | 0 | 0 | 4 | 8 | -2 | 7 | 7 | -12 | -3 | -2 |
| Free Cash Flow | -10 | -1 | -20 | -78 | -34 | 7 | -27 | 0 | 22 | -27 |
| CFO/OP | 46 | 76 | -17 | -55 | 53 | 49 | 15 | 34 | 60 | 49 |

### Ratios

| Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 71 | 73 | 129 | 124 | 106 | 118 | 124 | 139 | 137 | 133 |
| Inventory Days | 72 | 90 | 51 | 109 | 122 | 144 | 148 | 149 | 144 | 120 |
| Days Payable | 115 | 71 | 69 | 60 | 59 | 75 | 61 | 69 | 57 | 37 |
| Cash Conversion Cycle | 28 | 93 | 110 | 173 | 170 | 188 | 211 | 218 | 224 | 216 |
| Working Capital Days | 63 | 74 | 106 | 157 | 148 | 173 | 181 | 195 | 199 | 194 |
| ROCE % | 15 | 18 | 17 | 20 | 24 | 23 | 19 | 18 | 18 | 17 |

## Shareholding Pattern

### annual

| Category | Sep 2016 |
| --- | --- |
| Promoters | 68.85% |
| FIIs | 0.25% |
| DIIs | 0.06% |
| Public | 30.84% |
| No. of Shareholders | 14751 |

### Quarterly

| Category | Jun 2016 | Sep 2016 |
| --- | --- | --- |
| Promoters | 68.85% | 68.85% |
| FIIs | 0.05% | 0.25% |
| DIIs | 0.06% | 0.06% |
| Public | 31.04% | 30.84% |
| No. of Shareholders | 14131 | 14751 |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 5 Jan 2018 - Anil Limited (ISIN :INE125E01019) has been passing through Corporate Insolvency Resolution Process (CIRP) under Insolvency and Bankruptcy Code, 2016. We (CA R D Choudhary) have … | [Updates 5 Jan 2018 - Anil Limited (ISIN :INE125E01019) has been passing through Corporate Insolvency Resolution Process (CIRP) under Insolvency and Bankruptcy Code, 2016. We (CA R D Choudhary) have …](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/1/DFA41C3D_FB27_4ECC_8631_9F5DAE258DB9_173446.pdf) |
| 5 Jan 2018 - "Anil Limited (ISIN :INE125E01019) has been passing through Corporate Insolvency Resolution Process (CIRP) under Insolvency and Bankruptcy Code, 2016. We (CA R D Choudhary) have … | [Updates 5 Jan 2018 - "Anil Limited (ISIN :INE125E01019) has been passing through Corporate Insolvency Resolution Process (CIRP) under Insolvency and Bankruptcy Code, 2016. We (CA R D Choudhary) have …](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=DFA41C3D_FB27_4ECC_8631_9F5DAE258DB9_173446.pdf) |
| 4 Sep 2017 - Of initiation of Corporate Insolvency Resolution Process (CIRP) and appointment of Interim Resolution Professional (IRP) in respect of M/s. Anil Limited. | [Updates 4 Sep 2017 - Of initiation of Corporate Insolvency Resolution Process (CIRP) and appointment of Interim Resolution Professional (IRP) in respect of M/s. Anil Limited.](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/9/F3161761_35FD_42F6_B152_EF4401B9BDD2_185615.pdf) |
| 4 Sep 2017 - Intimation of initiation of Corporate Insolvency Resolution Process (CIRP) and appointment of Interim Resolution Professional (IRP) in respect of M/s. Anil Limited. | [Updates 4 Sep 2017 - Intimation of initiation of Corporate Insolvency Resolution Process (CIRP) and appointment of Interim Resolution Professional (IRP) in respect of M/s. Anil Limited.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=F3161761_35FD_42F6_B152_EF4401B9BDD2_185615.pdf) |
| 31 Jan - Bank of Maharashtra revises MCLR effective 31-Jan-2026: Overnight 7.90%, 1M 8.20%; other tenors largely unchanged. | [Announcement under Regulation 30 (LODR)-Interest Rates Updates 31 Jan - Bank of Maharashtra revises MCLR effective 31-Jan-2026: Overnight 7.90%, 1M 8.20%; other tenors largely unchanged.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5f8dda4f-2486-4e9b-af6f-52490910e7e0.pdf) |
| 3 Feb - Rohit Rishi ceased as Executive Director on 03.02.2026; appointed Managing Director at IIFCL. | [Announcement under Regulation 30 (LODR)-Change in Directorate 3 Feb - Rohit Rishi ceased as Executive Director on 03.02.2026; appointed Managing Director at IIFCL.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7d34f006-d5ca-4246-ad0b-9341ca65a771.pdf) |
| 13h - Four nominations for one Shareholder Director; EGM on 23 Mar 2026; remote voting 18–22 Mar. | [Extraordinary General Meeting : Update On Election Of One Shareholder Director 13h - Four nominations for one Shareholder Director; EGM on 23 Mar 2026; remote voting 18–22 Mar.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/c8412f67-54ab-4e4b-a676-52a5e0b54c28.pdf) |
| 13 Feb - RBI imposed Rs.32.50 lakh penalty on Bank of Maharashtra (13-Feb-2026) for KYC and SHG credit-reporting non-compliance. | [Announcement Under Regulation 30 Of SEBI (LODR) Regulations, 2015 13 Feb - RBI imposed Rs.32.50 lakh penalty on Bank of Maharashtra (13-Feb-2026) for KYC and SHG credit-reporting non-compliance.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0d6e9b28-6c82-4b71-b614-a90dad5aa860.pdf) |
| 12h - Fitch affirmed/upgraded Bank of Maharashtra ratings on 02.03.2026; LT IDR BBB-, Viability bb, LT(xgs) upgraded to BB. | [Announcement under Regulation 30 (LODR)-Credit Rating 12h - Fitch affirmed/upgraded Bank of Maharashtra ratings on 02.03.2026; LT IDR BBB-, Viability bb, LT(xgs) upgraded to BB.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/b12de1ce-1cdc-41c7-a719-a90b49c8b707.pdf) |
| 10 Feb - Trade unions propose one-day Bank of Maharashtra strike on 12.02.2026; operations may be affected. | [Announcement under Regulation 30 (LODR)-Strikes /Lockouts / Disturbances 10 Feb - Trade unions propose one-day Bank of Maharashtra strike on 12.02.2026; operations may be affected.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7c75aa02-dc92-4c9c-b62b-6f274e1f842c.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Oct 2025 | [Concall - Oct 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/67fa0cb3-75c4-4500-b173-decc2ef1de00.pdf) |
| Oct 2024 | [Concall - Oct 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/dbd74527-419c-494d-b9f5-39af704a8b47.pdf) |
| Oct 2023 | [Concall - Oct 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/be6699f2-1868-42a1-bb35-846b6fdfdbeb.pdf) |
| Oct 2022 | [Concall - Oct 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ea1b6086-f3ef-4d16-9f1c-85c328698f0b.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a7a3112e-fbf7-4d07-860d-9430a596803f.pdf) |
| Nov 2019 | [Concall - Nov 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d03095b4-9b3c-4247-85ff-a84cd5572db3.pdf) |
| Nov 2017 | [Concall - Nov 2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/11/f8893b57-86e7-4206-bd9b-ca9811511ee7.pdf) |
| Nov 2017 | [Concall - Nov 2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/11/1030edf7-0c29-46f1-bab3-82aaf2662cfe.pdf) |
| May 2024 | [Concall - May 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/11b6784c-d1ff-4a76-96a4-ac41001cfd62.pdf) |
| May 2023 | [Concall - May 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/85f9d5b2-1ad1-4f3a-9f8e-79c25c8d08d5.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2011 from nse](https://archives.nseindia.com/annual_reports/AR_MAHABANK_2010_2011_28062012110654.zip) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/17d35b25-0ff2-420f-8719-05dd3423bbff.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4a540626-1994-468a-bf62-3ae9b382289a.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f0edf7f4-63e6-4f3c-8403-d18bb7c104f6.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/532525/73121532525.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/532525/68512532525.pdf) |
| from bse | [Financial Year 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/532525/5325250320.pdf) |
| from bse | [Financial Year 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/532525/5325250319.pdf) |
| from bse | [Financial Year 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/532525/5325250318.pdf) |
| from bse | [Financial Year 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/532525/5325250317.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:58:24.510Z.