BSE: 531406
ANS INDUSTRIES LTD
Listed on BSE under the FMCG/Beverages classification, the company reported zero revenue from operations in FY26 and stated in its audited filings that it is "not carrying on business." The only income recorded was Rs 3.57 lakh from rental, down from Rs 77.64 lakh in the prior year. Total expenses of Rs 68.29 lakh produced an operating loss before tax of Rs 64.73 lakh, while a deferred tax credit of Rs 283.96 lakh (relating to accumulated losses) led to a reported net profit of Rs 227.94 lakh. The statutory auditor included an emphasis of matter noting the company did not undertake commercial operations during the year and that the financial statements are prepared on a going-concern basis. The entity is small, with paid-up equity share capital of Rs 9.26 crore and net worth of Rs 528.29 lakh at FY26 end, and claims small-company exemptions under Regulation 15(2) of SEBI LODR for several disclosure requirements. AR · MarketPing reader · 2026-08-03
Revenue streams, as the annual report describes them. Other income (rental). Dormant, non-operating BSE-listed entity in the FMCG/Beverages classification.
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 |
| EBITDA (ex other income) | (1) | (1) | (1) | (3) | (0) |
| margin % | — | — | — | — | — |
| Owners' profit | (1) | (2) | (0) | (2) | 2 |
| EPS, as reported (₹) | (0.65) | (1.78) | (0.40) | (2.38) | 2.46 |
| ROE % · ROCE % | (7.8) · (7.1) | (29.5) · (24.7) | (7.2) · (5.8) | (73.3) · (74.3) | 43.1 · (12.3) |
| Debt / equity (x) | 0.27 | 0.29 | 0.31 | 0.51 | 0.29 |
| Cash from operations | 0 | (1) | (1) | (1) | (0) |
| Capex | 0 | 0 | 0 | 0 | 0 |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | (2) | (0) | (0) | (0) | (0) | (0) | (0) | (0) |
| Net profit | (2) | (0) | (0) | (0) | (0) | (0) | 3 | (1) |
| EPS (₹) | (1.79) | (0.17) | (0.11) | (0.20) | (0.07) | (0.17) | 2.90 | (1.09) |
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. % |
|---|---|---|---|---|---|---|---|---|
| VARUN BEVERAGES LIMITED | 1,36,865 | 40.4 | 6.23 | — | 11.0 | 12.6 | — | 28.3 |
| SHREE RAMA NEWSPRINT LTD | 411 | — | — | — | 82.9 | (10.7) | — | 9.5 |
| Valencia Nutrition Limited | 97 | 79.1 | — | — | — | 1.9 | — | — |
| ORIENT BEVERAGES LTD. | 34 | 8.8 | 1.34 | 6.6 | 15.3 | 6.3 | 30.8 | 5.7 |
| ANS INDUSTRIES LTD ◆ | 25 | 16.9 | 4.66 | — | 43.1 | (12.3) | — | — |
| TRANSGLOBE FOODS LTD. | 20 | 51.4 | — | — | — | — | — | 79.7 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 16.9 | 35.4 | 9 of 26 | 68% |
| P/B | 4.7 | 1.9 | 21 of 28 | 26% |
| ROCE | (12.3) | 2.4 | 29 of 31 | 7% |
| ROE | 43.1 | 8.7 | 1 of 28 | 100% |
| Debt / Equity | 0.3 | 0.5 | 11 of 28 | 63% |
| Profit growth | (447.1) | 1.1 | 26 of 27 | 4% |
| Market cap | 25 | 464 | 31 of 32 | 3% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 12 Oct 2026 · Special window for re-lodgment of physical share transfer requests | compliance | minimal | — | — |
| 7 Oct 2026 · Quarterly RTA certificate under SEBI Regulation 74(5) for Q2 FY27 | compliance | minimal | — | — |
| 3 Oct 2026 · Voting results of 32nd AGM: All resolutions approved | board shareholder meetings | low | — | — |
| 30 Sept 2026 · Proceedings of 32nd AGM held on September 30, 2026 | board shareholder meetings | low | — | — |
| 28 Sept 2026 · Trading window closed from Oct 1, 2026 for Q2 and H1 FY26 results | compliance | minimal | — | — |
| 7 Sept 2026 · Notice of 32nd AGM and dispatch of Annual Report for FY 2025-26 | compliance | minimal | — | — |
| 5 Sept 2026 · Notice of 32nd AGM and e-voting info published in newspaper | compliance | minimal | — | — |
| 3 Sept 2026 · ANS Industries files FY26 Annual Report and 32nd AGM notice | results | high | — | — |
| 3 Sept 2026 · ANS Industries 32nd AGM on Sep 30, 2026; e-voting Sep 27-29 | board shareholder meetings | low | — | — |
| 17 Aug 2026 · ANS Industries reports Rs 101.16 lakh loss in Q1 FY27 | compliance | minimal | — | — |
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.