Anik Industries Limited

NSE ANIKINDS.NS

Anik Industries Limited Debt to Equity Ratio for the year ending March 31, 2024: 0.02

Anik Industries Limited Debt to Equity Ratio is 0.02 for the year ending March 31, 2024, a -75.78% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Anik Industries Limited Debt to Equity Ratio for the year ending March 31, 2023 was 0.08, a -28.72% change year over year.
Anik Industries Limited Debt to Equity Ratio for the year ending March 31, 2022 was 0.11, a -60.94% change year over year.
Anik Industries Limited Debt to Equity Ratio for the year ending March 31, 2021 was 0.28, a 42.79% change year over year.
Anik Industries Limited Debt to Equity Ratio for the year ending March 31, 2020 was 0.20, a 15.44% change year over year.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

NSE: ANIKINDS.NS

Anik Industries Limited

CEO	Mr. Manish Shahra
IPO Date	May 21, 2008
Location	India
Headquarters	2/1, South Tukoganj
Employees	28
Sector	Materials
Industries Mining Agriculture

Description

Anik Industries Limited trades in agri-commodities, edible oils, and coal in India and internationally. The company operates through Wind Power, Real Estate, and Others segments. It trades in and merchandises agri-commodities, such as cotton, oilseeds, grains, pulses, spices, and various agro based products; and offers integrated ferro alloys for use in steel making. The company also operates wind power projects located at Nagda Hills, Dewas in Madhya Pradesh and Jaisalmer in Rajasthan. In addition, it is involved in the construction and development of housing projects and properties; mining of natural resources and manganese; and development of phosphate rock deposits. The company was formerly known as Madhya Pradesh Glychem Industries Limited and changed its name to Anik Industries Limited in September 2006. Anik Industries Limited was incorporated in 1976 and is based in Indore, India.

Key trends

Past 5 years