BSE: 530705
ANIRIT VENTURES LIMITED
Wound down its legacy textile business and acquired 100% of Anirit Agritech Private Limited (AAPL) in February 2026 for Rs. 12.87 crore in cash, after a takeover by Oilmax Energy in September 2024. AAPL operates in the agriculture and agritech sector with a focus on controlled weather farming; its turnover has been declining from Rs. 1.05 crore in FY23 to Rs. 32 lakh in FY25. Consolidated revenue from operations for FY26 was Rs. 12.88 lakhs (versus Rs. 0.09 lakhs in FY25), while consolidated net loss widened to Rs. 476.30 lakhs from Rs. 165.86 lakhs. The acquisition was funded by a rights issue that raised Rs. 2,760 lakhs through 1.2 crore partly paid-up equity shares at Rs. 33 each, tripling share capital from Rs. 6 crore to Rs. 18 crore. Employee benefit expenses jumped to Rs. 220.53 lakhs in FY26 from Rs. 44 lakhs in FY25, and finance costs rose to Rs. 94.97 lakhs from Rs. 29.45 lakhs. The parent Oilmax Energy has separately filed an NCLT merger scheme with Asian Energy Services, indicating further group-level restructuring ahead. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Agritech (controlled weather farming), Legacy textile operations. Restructuring shell with negligible operating revenue; former textile entity now pivoting to agritech under Oilmax Energy control
Exhibit 1: Financial summary, FY26–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY26 |
|---|---|
| Revenue | 0 |
| EBITDA (ex other income) | (3) |
| margin % | (347644.4) |
| Owners' profit | 0 |
| EPS, as reported (₹) | 6.42 |
| ROE % · ROCE % | (32.2) · (22.5) |
| Debt / equity (x) | 0.44 |
| Cash from operations | (7) |
| Capex | 0 |
Exhibit 2: Quarterly performance, last 2 quarters
| ₹ crore | Q4 FY26 | Q1 FY27 |
|---|---|---|
| Revenue | 0 | 0 |
| Profit before tax | (1) | (1) |
| Net profit | (1) | (1) |
| EPS (₹) | 1.76 | 2.78 |
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| KPR MILL LTD. | 37,325 | 40.9 | 6.55 | 27.0 | 15.2 | 19.3 | 13.5 | 21.2 |
| WELSPUN LIVING LIMITED | 20,367 | 74.1 | 4.09 | 26.1 | 4.3 | 4.0 | 5.1 | 12.7 |
| VARDHMAN TEXTILES LIMITED | 14,669 | 17.0 | 1.39 | 11.3 | 7.1 | 7.4 | 10.0 | 20.4 |
| TRIDENT LIMITED | 10,870 | 27.4 | 2.28 | 13.4 | 7.9 | 8.6 | 8.1 | 17.7 |
| INDO COUNT INDUSTRIES LTD | 8,471 | 56.1 | 3.60 | 20.4 | 5.4 | 5.4 | 10.5 | 13.3 |
| GARWARE TECH FIBRES LTD | 7,310 | 35.3 | 5.40 | 22.9 | 14.7 | 18.7 | 8.1 | 20.5 |
| FILATEX INDIA LTD | 4,207 | 22.0 | 2.80 | 11.5 | 12.2 | 13.8 | — | 7.6 |
| SANATHAN TEXTILES LIMITED | 4,178 | 68.8 | 2.23 | 18.6 | 4.1 | 3.5 | — | 8.4 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 7.1 | 16.8 | 28 of 179 | 85% |
| P/B | 2.6 | 1.1 | 151 of 185 | 19% |
| ROCE | (28.1) | 4.3 | 209 of 215 | 3% |
| ROE | (32.2) | 4.7 | 185 of 188 | 2% |
| Debt / Equity | 0.4 | 0.4 | 97 of 188 | 49% |
| EBITDA margin | (3030.9) | 9.8 | 198 of 198 | 0% |
| Market cap | 39 | 61 | 133 of 223 | 41% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 14 Oct 2026 · Anirit Ventures submits quarterly demat and remat certificate to BSE | compliance | minimal | — | — |
| 29 Sept 2026 · Trading window closed from Oct 1 for Q2 FY26 results | compliance | minimal | — | — |
| 13 Aug 2026 · Newspaper ad filing for Q1 FY27 unaudited financial results | compliance | minimal | — | — |
| 5 Aug 2026 · Board meeting on 12 Aug 2026 to consider Q1 FY27 results | results | low | — | — |
| 31 Jul 2026 · 33rd AGM voting results: all three resolutions passed with 100% approval | board shareholder meetings | low | — | — |
| 30 Jul 2026 · 33rd AGM held; FY26 accounts, director re-appointment and related party borrowing tabled | board shareholder meetings | low | — | — |
| 13 Jul 2026 · Reg 74(5) Depository Certificate Submission for Q1 FY27 | compliance | minimal | — | — |
| 9 Jul 2026 · Newspaper publication of 33rd AGM notice and e-voting details | compliance | minimal | — | — |
| 8 Jul 2026 · Annual Report FY26: Rights Issue done, Agritech unit acquired, net loss widens | compliance | low | — | — |
| 8 Jul 2026 · 33rd AGM on July 30, 2026; Rs 10 Cr borrowing approval from Oilmax | board shareholder meetings | low | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.