Diversified trading house importing duty-free Vanaspati and bakery shortening from Sri Lanka, with a Kolkata real-estate arm and an idle manganese-ore mining lease.
Price
Market Cap
Sector
Services
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 28 | 28 | 28 | 28 | 28 | 28 | 28 | 28 |
| Reserves | 336 | 341 | 351 | 356 | 356 | 359 | 360 | 358 |
| Borrowings | 72 | 104 | 87 | 30 | 7 | 4 | 19 | 31 |
| Other Liabilities | 312 | 298 | 303 | 45 | 45 | 58 | 66 | 61 |
| Total Liabilities | 748 | 771 | 769 | 459 | 436 | 449 | 472 | 478 |
| AssetsFixed Assets | 150 | 149 | 148 | 147 | 146 | 99 | 99 | 98 |
| CWIP | 11 | 6 | 6 | 7 | 11 | 0 | 0 | 0 |
| Investments | 42 | 43 | 46 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 545 | 573 | 568 | 305 | 279 | 350 | 374 | 379 |
| Total Assets | 748 | 771 | 769 | 459 | 436 | 449 | 472 | 478 |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 71 | 4 | -36 | 57 | 34 | 44 | -119 | -50 |
| Cash from Investing | -78 | 1 | 24 | 3 | 26 | -21 | 119 | 24 |
| Cash from Financing | 4 | -6 | 21 | -69 | -61 | -24 | 1 | 27 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 14 | 3 | -26 | 58 | 3 | 40 | -61 | -27 |
| FCF Margin | — | — | — | — | — | — | — | — |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
ANIKINDS · CYCLICAL_UNMODELABLE
Guides on how to read this kind of business and the numbers that matter.