Anmol India Ltd

Rating Action & Facilities

• Long-term/short-term bank facilities: Rs 90.50 crore reaffirmed at CARE BBB+/Stable and CARE A2
• Short-term bank facilities: Rs 409.50 crore reaffirmed at CARE A2

Rationale & Outlook

• Promoter experience and long track record; established relationships with customers and suppliers
• Moderate overall gearing and efficient working capital support credit profile
• FY26 recovery with higher coal trading volumes; diversification into steel trading reduces coal reliance
• Concentration risks with top five customers (26% of revenue) and top five suppliers (43.75%)
• Regulatory risk, price volatility, and FX exposure constrain profitability
• Outlook: Stable; liquidity adequate; no term debt expected

Key Financial Metrics

• TOI FY26: Rs 1,416.58 crore; Q1 FY27: Rs 455.72 crore
• PBILDT margin FY26: 1.35%; PAT margin FY26: 0.80%
• Overall gearing 1.74x; net debt gearing 0.23x; interest coverage 1.47x
• No term debt; promoter unsecured loans Rs 42.30 crore as of June 30, 2026
• Cash and liquid investments Rs 134.32 crore; current ratio 1.82x; quick ratio 1.42x
• GCA expected around Rs 12 crore in FY27; liquidity adequate

Sensitivity & Material Change

• Positive: GCA > Rs 40 crore or gearing below 0.60x
• Negative: Scale decline with PBILDT margin below current; gearing above 0.50x

AGM Details

• AGM held 26 Sep 2026, 10:00 AM–10:40 PM, in-person with remote voting.

Record Date & Attendance

• Record date 19 Sep 2026; 29,036 shareholders on record.

Key Resolutions & Voting

• Ordinary Resolution 1: Adoption of Audited Financial Statements for year ended 31 March 2026; passed.
• Ordinary Resolution 2: Re-appointment of Chakshu Goyal as Director; passed.
• Special Resolution 3: Approval for loan to a company in which directors are interested; passed.

AGM Details

• Date: 26 September 2026; meeting window 10:00–10:40 A.M.
• Mode: physical at registered office; e-voting window 23–25 September 2026.
• Ballot voting available at AGM for members voting in person or by proxy.

Voting & Scrutiny

• Scrutinizer appointed for remote and ballot voting.
• Auditors' report taken as read; members' queries addressed.

no AGM data

• No AGM date, mode, resolutions, or voting outcomes provided in the chunk.

Anmol India Ltd: Trading Window closed from 01 October 2026 until 48 hours after the declaration of Financial Results for the quarter and HY ended 30 September 2026

Clarification on movement in price

• Clarifies that price movement is market-driven and not due to undisclosed information.
• Reiterates compliance with SEBI LODR and timely disclosures to exchanges.
• No new material information disclosed; company continues to comply with listings.

Financial performance

• Revenue from operations rose to Rs 1,416.57 crore, up 11.09% YoY.
• Total income reached Rs 1,426.41 crore.
• EBITDA stood at Rs 28.99 crore; PAT Rs 11.31 crore.
• Earnings per share (basic & diluted) Rs 1.99.
• Net profit margin 0.55%, operating margin 0.02%.
• Profit after tax grew 61.8% YoY to Rs 11.31 crore.

Operations and scale

• Expansion of volumes and sourcing supported growth in domestic and international markets.
• Operations span 100+ locations with an integrated sourcing-to-delivery supply chain.
• Procurement network strengthened to ensure uninterrupted coal supply.
• Strengthened relationships with suppliers, transporters, and customers.

Capital structure & liquidity

• Borrowings: non-current Rs 4,081.32 lakh and current Rs 15,650.04 lakh.
• Debt-equity ratio 0.38; current ratio 1.68.
• Dividend not declared for FY2025-26.
• Operating cash flow Rs 1,557.93 lakh; financing cash outflow Rs 3,532.09 lakh.
• Closing cash balance Rs 12,707.65 lakh.

Governance & board changes

• Board comprises eight directors; two Executive, six Non-Executive, including four Independent.
• Kapil died on 18 December 2025; Ripan Kumar Goyal appointed Independent Director on 30 December 2025.
• Sanjeev Kumar and Bhupinder Preet Kaur resigned (Sept 2025 and Mar 2026).
• Audit Committee reconstituted; Ripan Kumar Goyal appointed Chair from 24 March 2026.

Audit, controls & risk management

• Auditor's report is unqualified; no fraud; no material weaknesses.
• Secretarial Audit (MR-3) with no qualifications.
• Internal controls are adequate and operating effectively.

CSR & sustainability

• CSR Committee chaired by Chakshu Goyal; six meetings in year.
• CSR policy available on the company website; projects include health, education, and animal welfare.
• CSR expenditure around Rs 39.76 lakh; carry-forward adjustments noted.
• Total CSR activity details and impact disclosed in Annexure.

Shareholder information & risks

• Promoter shareholding at 50.20%; public 49.80%.
• 100% of shares are in dematerialized form; listed on BSE and NSE.
• Annual listing fees paid; AGM scheduled for 26 September 2026.
• Contingent liabilities include letters of credit totaling Rs 11.80–22.20 crore.