Skip to main content
TipRanks
Go Ultimate75% OFF

Anupam Rasayan India Ltd. (ANURAS) AI Stock Analysis

1 Followers
IN:ANURAS

Anupam Rasayan India Ltd.

(NSE:ANURAS)

Select Model
Rating:63Neutral
Price Target:INR 1,387.00â–²(6.51% Upside)
Action:reiterated
Date:11/14/26

The score is supported primarily by a generally sound balance sheet, revenue growth, and strong technical momentum. Margin deterioration and especially weak cash generation are significant financial risks, while the high P/E ratio and minimal dividend yield weigh heavily on valuation.

Positive Factors
Specialty chemicals positioningThe company operates in specialized, performance-critical chemical intermediates where custom synthesis, process development, and scale-up capabilities can support customer retention. Exposure across agrochemicals, pharmaceuticals, personal care, and pigments also broadens its long-term demand base.
Negative Factors
Persistent negative free cash flowRecurring negative free cash flow weakens the quality of reported earnings because profits are not converting into internally available cash. Continued cash absorption can constrain debt reduction, investment flexibility, and shareholder returns, particularly while the company is scaling its operations.

Anupam Rasayan India Ltd. (ANURAS) vs. iShares MSCI India ETF (INDA)

-20%-10%0%10%20%30%IN:ANURAS+17.67%INDA-5.86%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Market Cap
INR 148.07B
Dividend Yield
0.11%
Average Volume (3M)
13.45K
Price to Earnings (P/E)
71.2
Beta (1Y)
0.63
Revenue Growth
23.80%
EPS Growth
16.11%
Country
India
Employees
2,606
Sector
General
Sector Strength
55
Industry
Chemicals - Specialty

Anupam Rasayan India Ltd. Business Overview & Revenue Model

Company Description

Anupam Rasayan India Ltd., established in Surat, India, in 1984, specializes in the custom synthesis and production of specialty chemicals. The company manufactures a diverse range of life science-oriented chemicals, including intermediates and activ...

Anupam Rasayan India Ltd. Financial Statement Overview

Summary

Revenue and net profit growth, together with a healthy balance sheet and moderate leverage, support the score. However, margin compression, declining returns on equity, and consistently weak or negative free cash flow materially reduce financial strength.

Income Statement

72Positive

Balance Sheet

78Positive

Cash Flow

46Neutral
Financial statement breakdown
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue26.24B23.65B14.42B14.80B16.02B10.74B
Gross Profit11.33B8.16B8.22B8.51B8.85B7.02B
EBITDA6.35B5.43B4.07B3.87B4.32B3.05B
Net Income1.80B1.70B933.49M1.29B1.81B1.52B
Balance Sheet
Total Assets113.95B80.13B52.69B46.02B37.78B28.91B
Cash, Cash Equivalents and Short-Term Investments8.23B4.11B1.35B3.48B6.67B618.77M
Total Debt25.33B18.67B13.73B10.70B8.22B8.36B
Total Liabilities41.99B33.83B21.87B16.71B12.70B11.64B
Stockholders Equity50.48B33.34B28.50B27.61B23.73B17.27B
Cash Flow
Free Cash Flow0-3.57B-4.40B-6.57B713.03M-3.18B
Operating Cash Flow01.99B-301.25M590.32M2.92B-1.71B
Investing Cash Flow0-8.21B-3.30B-3.92B-5.23B-4.12B
Financing Cash Flow07.57B2.23B3.95B3.71B3.84B

Anupam Rasayan India Ltd. Technical Analysis

Technical Analysis SentimentPositive
Last Price1302.25

Price Trends

50DMA1175.98Positive
100DMA1209.70Positive
200DMA1250.25Positive

Market Momentum

MACD14.84Negative
RSI73.68Negative
STOCH85.76Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:ANURAS, the sentiment is Positive. The current price of 1302.25 is above the 20-day moving average (MA) of 1155.53, above the 50-day MA of 1175.98, and above the 200-day MA of 1250.25, indicating a bullish trend. The MACD of 14.84 indicates Negative momentum. The RSI at 73.68 is Negative, neither overbought nor oversold. The STOCH value of 85.76 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:ANURAS.

Anupam Rasayan India Ltd. Peers Comparison

Overall Rating

UnderperformOutperform
Sector (55)

Financial Indicators

IN:ANURAS against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
IN:AETHERIN:AETHER71OutperformINR 224.04B89.12――30.76%28.12%
IN:ATULIN:ATUL68NeutralINR 153.30B19.70―0.58%18.15%42.38%
IN:ALKYLAMINEIN:ALKYLAMINE65NeutralINR 82.28B33.56―0.62%13.38%35.82%
IN:ANURASIN:ANURAS63NeutralINR 136.71B71.23―0.11%23.80%16.11%
Sector *55Neutral$6.65B3.83-15.92%6.20%10.91%7.18%
IN:JUBLINGREAIN:JUBLINGREA53NeutralINR 95.55B26.64―0.84%15.41%21.76%
IN:AARTIINDIN:AARTIIND47NeutralINR 175.55B29.46―0.21%39.85%103.71%

* General Sector Average

Performance Comparison

0%50%100%IN:ANURASIN:AARTIINDIN:AETHERIN:ALKYLAMINEIN:ATULIN:JUBLINGREADec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
IN:ANURAS and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
IN:ANURASAnupam Rasayan India Ltd.1302.25218.1820.13%
IN:AARTIINDAARTI Industries Ltd481.8587.4822.18%
IN:AETHERAether Industries Ltd.1675.75828.3097.74%
IN:ALKYLAMINEAlkyl Amines Chemicals Limited1623.90-161.33-9.04%
IN:ATULAtul Limited5166.40-819.40-13.69%
IN:JUBLINGREAJubilant Ingrevia Ltd.592.35-120.79-16.94%

Anupam Rasayan India Ltd. Corporate Events

Anupam Rasayan Announces Investor Conference Schedule

Nov 11, 2026

Anupam Rasayan India Ltd. is identified in the release, but its industry and products are not described. Company officials are scheduled to attend JM Financials India Xchange 2026 Conference on November 16, 2026, at Hotel Trident, BKC, Mumbai, for ph...

Anupam Rasayan Revises Consolidated EPS After Formula Error

Nov 6, 2026

Anupam Rasayan India operates in the specialty chemicals industry, producing solutions for life-sciences and agrochemical applications, with a focus on serving industrial and global markets. The company submitted revised unaudited standalone and cons...

Anupam Rasayan Schedules Q2 and H1 FY27 Earnings Call

Nov 3, 2026

Anupam Rasayan India Ltd. announced that it will hold an earnings call on November 6, 2026, to discuss its unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026. The release does not provide de...

Anupam Rasayan Secures Majority Control in Bliss GVS Pharma

Sep 28, 2026

Anupam Rasayan India Ltd. has completed the acquisition of a controlling stake in Bliss GVS Pharma Ltd., culminating a series of transactions under a previously announced share purchase agreement and open offer. Following on-market purchases and tend...

Anupam Rasayan Executes Security Documents Backing MVCPL Debentures

Sep 23, 2026

Anupam Rasayan India Ltd. has executed a debenture trust deed involving Mates Visa Consultancy Pvt. Ltd. and Catalyst Trusteeship Ltd., as part of a security package linked to debentures issued by MVCPL. The move formalizes arrangements under a previ...

Anupam Rasayan Pledges MVCPL Stake and Issues Corporate Guarantee for Debenture Structure

Sep 23, 2026

Anupam Rasayan India Ltd. has executed a debenture trust deed involving Mates Visa Consultancy Pvt. Ltd., Catalyst Trusteeship Ltd., and the debenture holders, formalising security arrangements around MVCPL’s debentures. As part of this structure, th...

Anupam Rasayan Raises INR 145 Crore via Secured Debenture Issue

Sep 21, 2026

Anupam Rasayan India Ltd. has allotted 14,500 senior secured, rated, unlisted, redeemable non-convertible debentures with a face value of INR 1,00,000 each, raising INR 145 crore from Aditya Birla Capital Ltd. The issuance, executed through a debentu...

Anupam Rasayan Board Clears INR 160 Crore NCD Issue for Debt Refinancing

Sep 19, 2026

Anupam Rasayan India Ltd.’s board has approved the private placement of up to 16,000 secured, rated, unlisted, redeemable non-convertible debentures, with a total size not exceeding INR 160 crore. The debentures will be issued in dematerialised form...

Anupam Rasayan to Raise ₹160 Crore via Secured Non-Convertible Debentures

Sep 19, 2026

Anupam Rasayan India Ltd.’s board has approved the issuance of up to 16,000 secured, rated, unlisted and redeemable non-convertible debentures, each with a nominal value of ₹100,000, for a total amount not exceeding ₹160 crore on a private placement...

Anupam Rasayan Files Q1 FY27 Results, Appoints New COO

Aug 14, 2026

Anupam Rasayan India Ltd. reported its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, following a board meeting held on August 14. The results have undergone a limited review by the statutory auditor, who...

Anupam Rasayan Elevates Ravi Desai to Chief Operating Officer

Aug 14, 2026

Anupam Rasayan India Ltd. has appointed Ravi Desai as Chief Operating Officer, effective August 14, 2026, following approval by the board based on the Nomination and Remuneration Committee’s recommendation. Desai, who has been with the company since...

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: Nov 14, 2026