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Anjani Foods Ltd (ANJANIFOODS) Fair Value & Analysis

Consumer Defensive · IN · Market cap ₹451M

AF Anjani Foods Ltd ANJANIFOODS · BSE
Price₹17.88
Fair Value₹2.55
Upside-85.7%
Quality57/100
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Healthy Growth
Thin margins · 0.5% net margin
Low debt · generates free cash flow
Trails peers (3/14)
Narrow moat 22/100
Evidence: High Range ₹1.90 – ₹3.17 Share as image

Fair value as of: Aug 13, 2026

From 26 valuation models · updated 5 days ago

A solid business, but screening 86% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (₹3.17). The favourable scenario is already priced in.
  • Solid but not exceptional quality (57/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

₹79.92 ₹13.01 Fair Value ₹2.55 Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range ₹13.01 – ₹79.92 · fair‑value band ₹1.90 – ₹3.17 · the ₹17.88 price screens above the ₹2.55 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

Full chart & analysis →

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Analysis

Anjani Foods Ltd (ANJANIFOODS) currently trades at ₹17.88, while our model-based Fair Value estimate is ₹2.55, implying the stock looks roughly 85.7% overvalued today. The Quality Score stands at 57/100 (solid quality), in the Consumer Defensive sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Anjani Foods Ltd generated revenue of ₹627M at a net margin of 0.5%. Revenue grew 5.9% year over year. It earns a return on equity of 1.3%. Net debt stands at ₹97.9M. Fundamentals as of Aug 13, 2026

Our scenario range runs from ₹1.90 (bear case) to ₹3.17 (bull case); at ₹17.88, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 40% below its 52-week high and 38% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at -27% fair-value upside, at -86%, ANJANIFOODS screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Note: the current price implies far more future growth than the conservative anchors of our models allow (base growth is deliberately capped, we do not regard such extreme rates as sustainable). Our models are not designed for expectations this high; that is why the individual models scatter extremely (₹1.73 to ₹21.22). Read the values as a conservative anchor, not as a price target.
Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF ₹1.44 ₹3.94 ₹7.71 80
Residual Income ₹3.90 ₹3.70 ₹2.74 76
Rev-Margin DCF ₹4.22 ₹10.12 ₹18.08 74
All 26 models by family
DCF Models
FCF DCF ₹1.54 ₹4.49 ₹9.31 38
Owner Earnings ₹3.55 ₹8.07 ₹15.42 31
5Y Revenue Exit ₹4.22 ₹10.41 ₹19.19 39
5Y EBITDA Exit ₹9.26 ₹21.22 ₹36.98 41
5Y P/E Exit ₹0.2300 ₹1.81 ₹3.64 38
10Y Revenue Exit ₹2.90 ₹8.15 ₹16.89 36
10Y EBITDA Exit ₹6.25 ₹15.57 ₹31.07 37
10Y P/E Exit ₹0.6700 ₹2.26 ₹4.51 35
Earnings-Based
Graham-Dodd ₹0.8200 ₹4.38 ₹6.06 54
Lynch FV ₹1.21 ₹1.73 ₹2.24 50
PEG = 1.0 ₹1.21 ₹1.73 ₹2.24 46
EPV ₹4.12 ₹4.99 ₹5.71 59
Dividend Discount
Gordon GGM ₹1.24 ₹2.24 ₹3.08 70
DDM Multi-Stage ₹1.24 ₹2.05 ₹2.39 61
Multiples
P/E Multiple ₹1.90 ₹2.53 ₹3.17 63
P/S Multiple ₹1.54 ₹2.05 ₹2.56 58
P/B Multiple ₹1.54 ₹2.05 ₹2.56 55
EV/EBIT ₹9.03 ₹12.80 ₹16.56 53
EV/EBITDA ₹14.85 ₹20.56 ₹26.26 54
EV/Revenue ₹5.80 ₹9.25 ₹12.71 43
Asset-Based
NCAV (Graham) ₹2.91 ₹3.90 ₹5.82 50
Growth DCF
Growth DCF ₹1.44 ₹3.94 ₹7.71 80
Rev-Margin DCF ₹4.22 ₹10.12 ₹18.08 74
Economic Profit
Residual Income ₹3.90 ₹3.70 ₹2.74 76
ROIC Compounder ₹4.12 ₹4.99 ₹5.71 72
Growth Earnings
Growth-Adj P/E ₹1.78 ₹2.55 ₹3.31 68

Widest divergence: DCF Models (₹8.07) versus Earnings-Based (₹1.73). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) ₹627M
Revenue growth (YoY) +5.9%
Net margin 0.5%
Return on equity 1.3%
Free cash flow ₹9.5M FY2026
P/E ratio 149.0
More key figures
Operating margin 4.0%
EPS (TTM) ₹0.1200
EPS growth (YoY) -37.6%
Net debt ₹97.9M FY2026

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 57/100

Of which business quality 57 · Market factors (momentum, volatility) 26

Profitability 52
Margins and returns on capital today
Quality Growth 60
Are margins and returns improving?
Cashflow 40
Earnings quality: real cash, not paper profit
Fin. Strength 50
Balance sheet, leverage, solvency risk
Investment 77
Disciplined investing over empire-building
Low Volatility 38
Calm price path (market factor)
Momentum 25
Price trend over the last 3–12 months (market factor)
52W Momentum 15
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Anjani Foods Limited engages in the production and sale of bakery products in India. The company operates through food-on-the-go retailer and bakery outlets in Andhra Pradesh. It offers its products under Fresh Choice Brand name. The company was formerly known as Raasi Enterprises Limited and changed its name to Anjani Foods Limited in November 2014.

Full company description

Anjani Foods Limited engages in the production and sale of bakery products in India. The company operates through food-on-the-go retailer and bakery outlets in Andhra Pradesh. It offers its products under Fresh Choice Brand name. The company was formerly known as Raasi Enterprises Limited and changed its name to Anjani Foods Limited in November 2014. Anjani Foods Limited was incorporated in 1983 and is based in Hyderabad, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Anjani Foods Ltd reported revenue of ₹627M in FY2026 versus ₹350M in FY2022, a compound +15.7%/yr. Reported net income was ₹3.4M in FY2026, compounding +21.3%/yr from FY2022.

Growth Quality 85/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2026)
₹627M
Latest YoY
+5.0%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+8.7%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+16.6%
Avg. growth/yr (12Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+9.2%
Revenue +15.7%/yr
FY22 ₹350M
FY23 ₹489M
FY24 ₹516M
FY25 ₹598M
FY26 ₹627M
Net income +21.3%/yr
FY22 ₹1.6M
FY23 ₹9.8M
FY24 ₹13.4M
FY25 ₹14.3M
FY26 ₹3.4M

ANJANIFOODS screens 86% overvalued. Compare with Loblaw Companies Limited →

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Cite: Fair Value Calculator (2026). "Anjani Foods Ltd Fair Value". https://www.fairvalue-calculator.com/stock/ANJANIFOODS

Peer Group

Grocery Stores · 82 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 57 · Below median
Fair Value upside −86% · Bottom 25%
Return on equity (TTM) 1% · Bottom 25%
Return on assets 4% · Below median
Net margin (TTM) 1% · Bottom 25%
Operating margin (TTM) 4% · Above median
Revenue growth 6% · Above median
Dividend yield (TTM) 1.0% · Bottom 25%
Debt / equity 0.42× · Higher than median

Valuation Multiples vs Grocery Stores median · lower = cheaper

P/E (TTM) 149.0× · Pricier than 75% of peers
P/B 2.77× · Pricier than median
P/S (TTM) 0.72× · Pricier than 75% of peers
P/FCF 0.5× · Cheaper than median
EV/EBITDA 10.5× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 36
FUTURE 30 · sector 17
PAST 5 · sector 50
HEALTH 79 · sector 92
DIVIDEND 20 · sector 52

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Grocery Stores stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Loblaw Companies Limited L C$60.79 C$44.44 -27%
Koninklijke Ahold Delhaize N.V AD €31.87 €53.50 +68%
The Kroger Co KR $56.06 $28.19 -50%
Woolworths Group WOW A$39.72 A$8.33 -79%
George Weston Limited WN C$99.75 C$147.70 +48%
Coles Group COL A$23.44 A$15.86 -32%
Metro Inc MRU C$89.98 C$94.01 +4%
Carrefour SA CA €15.73 €11.19 -29%
CP ALL Public Company TCPD 1.81 SGD 2.35 SGD +30%
BIM Birlesik Magazalar A.S., BIMAS 385.75 TRY 267.12 TRY -31%

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Frequently asked questions

Is Anjani Foods Ltd (ANJANIFOODS) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of ₹2.55 versus a price of ₹17.88, about −86% (overvalued).
What is the fair value of ANJANIFOODS?
Our model-based fair value for Anjani Foods Ltd is ₹2.55 (as of Aug 13, 2026), built from audited fundamentals. The current price is ₹17.88.
What is the quality score of ANJANIFOODS?
Anjani Foods Ltd has a Quality Score of 57/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Anjani Foods Ltd (ANJANIFOODS)?
Anjani Foods Ltd reported trailing-twelve-month revenue of about ₹627M (latest available figure, as of Aug 13, 2026).
What is the net profit margin of ANJANIFOODS?
The net profit margin of Anjani Foods Ltd is about 0.5%, meaning it keeps roughly 0.5% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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