Anmol India Ltd. (ANMOL) AI Stock Analysis

Anmol India Ltd.

(NSE:ANMOL)

Select Model

Rating:58.6Neutral

Price Target:INR 11.50▲(2.40% Upside)

Action:reiterated

Date:09/16/26

The overall score reflects a moderately cautious view driven primarily by financial performance, where thinner margins, significant leverage, and highly volatile cash flows temper the benefit of continued profitability and revenue growth. Technicals add further caution as the price sits well above key moving averages with overbought momentum readings, pointing to an extended rally and elevated pullback risk. A relatively low P/E multiple offers some valuation support, but this is not enough to offset the underlying balance‑sheet and cash‑flow risks.

Positive Factors

Multi-year revenue expansionStrong revenue expansion across 2021–2024 indicates the company has previously demonstrated the ability to build trading volume and market reach. Although growth has recently moderated, this established scale provides a platform for renewed expansion if demand and commodity availability remain supportive.

Negative Factors

Volatile cash generationRepeatedly negative operating and free cash flow suggests that reported profits do not consistently convert into cash. This working-capital and cash-conversion volatility can restrict funding flexibility, increase reliance on external financing, and weaken resilience during softer trading conditions.

Anmol India Ltd. (ANMOL) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 649.96M
Dividend Yield: ―
Average Volume (3M): 25.98K
Price to Earnings (P/E): 5.6
Beta (1Y): 0.81
Revenue Growth: -2.63%
EPS Growth: 32.25%
Country: India
Employees: 8
Sector: General
Sector Strength: 55
Industry: Coal

Anmol India Ltd. Business Overview & Revenue Model

Company Description

Anmol India Limited is an Indian enterprise primarily involved in the commercial exchange of coal and related commodities. The company's product range features GCV coal, coal imported from the USA and Indonesia, and pet coke originating from Saudi Ar...

Anmol India Ltd. Financial Statement Overview

Summary

Financials are mixed: revenue has returned to modest growth and the company remains profitable, but margins are thinner than in past years, leverage is still elevated despite some improvement, and cash flow is volatile with weak and inconsistent cash conversion.

Income Statement

70Positive

Balance Sheet

58Neutral

Cash Flow

40Negative

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	12.96B	14.17B	12.74B	15.01B	14.10B	10.59B
Gross Profit	203.10M	209.20M	197.10M	335.65M	313.97M	259.18M
EBITDA	238.30M	289.80M	256.70M	341.45M	321.05M	275.21M
Net Income	115.20M	113.00M	69.90M	212.20M	186.57M	155.55M
Balance Sheet
Total Assets	0	3.44B	3.59B	2.83B	4.65B	2.97B
Cash, Cash Equivalents and Short-Term Investments	1.27B	1.27B	1.38B	1.50B	1.72B	1.19B
Total Debt	0	1.97B	2.20B	852.96M	2.95B	1.79B
Total Liabilities	-1.19B	2.25B	2.51B	1.82B	3.86B	2.36B
Stockholders Equity	1.19B	1.19B	1.07B	1.01B	791.14M	603.97M
Cash Flow
Free Cash Flow	0	21.30M	-1.21B	2.12B	-442.50M	-640.97M
Operating Cash Flow	0	25.40M	-1.20B	2.12B	-439.51M	-634.77M
Investing Cash Flow	0	92.30M	-111.00M	-112.86M	-81.92M	-81.41M
Financing Cash Flow	0	-222.90M	1.19B	-2.23B	1.06B	1.31B

Anmol India Ltd. Technical Analysis

Technical Analysis SentimentNegative

Last Price11.23

Price Trends

50DMA12.12Negative

100DMA11.43Negative

200DMA11.57Negative

Market Momentum

MACD-0.44Positive

RSI39.07Neutral

STOCH20.84Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:ANMOL, the sentiment is Negative. The current price of 11.23 is below the 20-day moving average (MA) of 11.79, below the 50-day MA of 12.12, and below the 200-day MA of 11.57, indicating a bearish trend. The MACD of -0.44 indicates Positive momentum. The RSI at 39.07 is Neutral, neither overbought nor oversold. The STOCH value of 20.84 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:ANMOL.

Anmol India Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:ANMOL against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:ANMOL	59Neutral	INR 627.19M	5.56	―	―	-2.63%	32.25%
IN:AMBICAAGAR	57Neutral	INR 402.47M	13.52	―	―	3.70%	574.64%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:JHS	55Neutral	INR 702.74M	-37.68	―	―	19.41%	90.12%
IN:VIVIMEDLAB	44Neutral	INR 506.60M	-0.26	―	―	-39.80%	-452.04%
IN:FCONSUMER	37Underperform	INR 459.32M	-1.35	―	―	7.54%	4.37%

* General Sector Average

Performance Comparison

IN:ANMOL and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:ANMOL	Anmol India Ltd.	11.13	-4.94	-30.74%
IN:AMBICAAGAR	Ambica Agarbathies & Aroma Industries Ltd.	23.10	-1.90	-7.60%
IN:FCONSUMER	Future Consumer Limited	0.23	-0.19	-45.24%
IN:GOLDENTOBC	Golden Tobacco Limited	21.22	-12.53	-37.13%
IN:JHS	JHS Svendgaard Laboratories Limited	8.07	-4.17	-34.07%
IN:VIVIMEDLAB	Vivimed Labs Limited	5.99	1.09	22.24%

Anmol India Ltd. Corporate Events

Anmol India Confirms Full Demat Compliance Under SEBI Regulation 74(5)

Oct 11, 2026

Anmol India Limited has notified stock exchanges that it has obtained a compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, for the quarter ended 30 September 2026. The certificate was issued b...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Sep 16, 2026

Anmol India Ltd. AI Stock Analysis