TipRanks
Go Ultimate55% OFF

Anupam Rasayan India Ltd. (ANURAS) AI Stock Analysis

IN:ANURAS

Anupam Rasayan India Ltd.

(NSE:ANURAS)

Select Model
Rating:59Neutral
Price Target:INR 1,181.00â–²(3.43% Upside)
Action:downgraded
Date:08/25/26

Financial performance at 67 drives the score with growth prospects tempered by cash flow inconsistency; technical signals are mixed while high valuation metrics reduce the overall result.

Positive Factors
Specialty chemicals platformThe company operates in specialty chemicals through custom synthesis and contract manufacturing of complex intermediates, serving agrochemicals, pharmaceuticals, personal care, and pigments. This diversified, process-focused model supports customer integration and creates a durable platform for repeat industrial demand.
Negative Factors
Weak free cash flowRecurring negative free cash flow, reaching about -3.6B in FY2026, shows that accounting profitability is not converting into sufficient surplus cash. Continued heavy reinvestment or working-capital drag can increase funding needs and limit flexibility to finance growth internally.

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

-20%-10%0%10%20%30%IN:ANURAS+6.47%INDA-12.02%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
INR 130.19B
Dividend Yield
0.13%
Average Volume (3M)
11.96K
Price to Earnings (P/E)
74.3
Beta (1Y)
0.73
Revenue Growth
51.77%
EPS Growth
36.90%
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 growth potential and solid balance sheet expansion are offset by cash flow volatility and recent revenue declines.

Income Statement

70Positive

Balance Sheet

75Positive

Cash Flow

55Neutral
Financial statement breakdown
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue25.35B23.65B14.42B14.80B16.02B10.74B
Gross Profit9.27B8.16B8.22B8.51B8.85B7.02B
EBITDA5.76B5.43B4.07B3.87B4.32B3.05B
Net Income1.75B1.70B933.49M1.29B1.81B1.52B
Balance Sheet
Total Assets080.13B52.69B46.02B37.78B28.91B
Cash, Cash Equivalents and Short-Term Investments4.11B4.11B1.35B3.48B6.67B618.77M
Total Debt018.67B13.73B10.70B8.22B8.36B
Total Liabilities-46.30B33.83B21.87B16.71B12.70B11.64B
Stockholders Equity46.30B33.34B28.50B27.61B23.73B17.27B
Cash Flow
Free Cash Flow3.28B-3.57B-4.40B-6.57B713.03M-3.18B
Operating Cash Flow5.35B1.99B-301.25M590.32M2.92B-1.71B
Investing Cash Flow-2.53B-8.21B-3.30B-3.92B-5.23B-4.12B
Financing Cash Flow182.51M7.57B2.23B3.95B3.71B3.84B

Anupam Rasayan India Ltd. Technical Analysis

Technical Analysis SentimentNegative
Last Price1141.80

Price Trends

50DMA1188.57Negative
100DMA1217.62Negative
200DMA1256.13Negative

Market Momentum

MACD-11.77Negative
RSI47.27Neutral
STOCH75.82Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:ANURAS, the sentiment is Negative. The current price of 1141.80 is below the 20-day moving average (MA) of 1143.60, below the 50-day MA of 1188.57, and below the 200-day MA of 1256.13, indicating a bearish trend. The MACD of -11.77 indicates Negative momentum. The RSI at 47.27 is Neutral, neither overbought nor oversold. The STOCH value of 75.82 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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:ATULIN:ATUL68NeutralINR 147.89B19.18―0.60%18.15%42.38%
IN:ALKYLAMINEIN:ALKYLAMINE60NeutralINR 81.33B36.11―0.63%5.11%20.64%
IN:ANURASIN:ANURAS59NeutralINR 129.99B74.35―0.13%51.77%36.90%
Sector *55Neutral$6.65B3.83-15.92%6.20%10.91%7.18%
IN:AETHERIN:AETHER55NeutralINR 215.08B90.95――30.76%28.12%
IN:AARTIINDIN:AARTIIND47NeutralINR 157.96B29.74―0.23%39.85%103.71%
IN:JUBLINGREAIN:JUBLINGREA46NeutralINR 89.05B25.14―0.89%15.41%21.76%

* 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 '26
IN:ANURAS and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
IN:ANURASAnupam Rasayan India Ltd.1141.8061.235.67%
IN:AARTIINDAARTI Industries Ltd435.4547.7212.31%
IN:AETHERAether Industries Ltd.1620.45859.30112.89%
IN:ALKYLAMINEAlkyl Amines Chemicals Limited1590.10-289.30-15.39%
IN:ATULAtul Limited5023.05-852.49-14.51%
IN:JUBLINGREAJubilant Ingrevia Ltd.559.05-127.98-18.63%

Anupam Rasayan India Ltd. Corporate Events

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 structu...

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...

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...

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...

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: Aug 25, 2026