The Anup Engineering Limited
NSE: ANUPIndustrial Products
Share price
₹1,488.20
-0.67% close of 9 Oct 2026
Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 7 Oct 2026, the close above is 9 Oct 2026.
Business score
How strong the business is, in one number. The parts behind it are in Pro.
58
out of 100 · worked out 8 Oct 2026
Your ratios
The numbers you want to see first. Tap Edit to change them.
Market cap
₹3,000 Cr
P/E ratio
34.4
P/B ratio
4.3
ROCE
21.0%
ROE
17.0%
Dividend yield
0.8%
Price & valuation chart
How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.
Answers
Simple answers to the questions investors ask most, from the company's own numbers.
How fast it has been growing
Sales grew 1.4% over the past year, and 22.2% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales slipped from 22.7% to 17.4% over the last four years.
Whether it grew faster than its sector
It grew 22.2% a year against a sector median of 10.6% — 11.6 percentage points faster.
Room to re-rate, or risk of de-rating
At 34.4× earnings against a market that pays 23.9× across 2199 companies we can price. Its own industry sits at 87.4×, across 5 companies. It is against its own five-year median of 35.5×, the 48th percentile of its own range.
Whether growth justifies the valuation
Priced at 1.2 times its growth rate, on earnings growth of 29%.
| Profit growth | Price per ₹1 profit | Per 1% growth | |
|---|---|---|---|
| The Anup Engineering Limited — this one | 29%/yr | 34.4× | ₹1.2 |
| INDOMIM | 8%/yr | 101.1× | ₹12.6 |
| Aditya Infotech Limited | 48%/yr | 99.9× | ₹2.1 |
| Syrma SGS Technology Limited | 39%/yr | 87.4× | ₹2.2 |
| Honeywell Automation India Limited | 7%/yr | 52.9× | ₹7.6 |
| Jyoti CNC Automation Limited | 157%/yr | 70.3× | — |
Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
How it compares with its peers
Against companies the exchange files under the same label (Industrial Products), it ranks 16 of 75 on returns, 18 of 75 on growth, 7 of 75 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
What makes it hard to beat — and is that still true?
A wide advantage: it earns 21% on capital, ahead of 79% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
Whether its growth pays for itself
No — Over the last five years it made ₹152 crore of cash from the business but spent ₹253 crore on plant and equipment, ₹101 crore more than it made, paid from its own cash and investments. But only about 42 of every 100 rupees of profit it reported over 6 years arrived as cash — the rest is tied up.
Profit reality check
Is the profit real cash? Simple checks on the accounts. Facts only, not advice.
7 of 9 checks clear · 78%
Latest result · Q1 FY27
What the last results showed. Whether management kept its word is in Pro.
Revenue fell 28% to INR125 crore and net profit all but vanished at INR0.6 crore
Announced 6 Aug 2026 · Consolidated · Unaudited
Revenue
₹125 Cr
Revenue vs last year
-28.4%
Revenue vs last quarter
-39.8%
Net profit
₹1 Cr
Profit vs last year
-97.8%
Profit vs last quarter
-97.9%
Net margin
0.5%
EPS
₹0.28
Earnings call transcript · 6 Aug 2026
Checklist before you investPRO
Points for and against, in one list.
Key numbers & peers
The main numbers grouped by topic, and how the company compares with similar ones.
Price
- Market cap
- ₹3,000 Cr
- Prev close
- ₹1,488.20
- 52w High
- ₹2,480
- 52w Low
- ₹1,422
- Enterprise value
- ₹3,097 Cr
- Beta
- 1.5
- Price CAGR 1y
- -38.0%
- Price CAGR 3y
- 16.0%
- Price CAGR 5y
- 26.0%
- Price CAGR 10y
- —
Ratios
- Return on assets
- 11.3%
- PEG ratio
- 1.2
- P/E ratio
- 34.4
- P/B ratio
- 4.3
- EV / EBITDA
- 17.6
- Industry P/E
- 36.9
- ROCE
- 21.0%
- ROCE 5y average
- 18.5%
- ROE
- 17.0%
- Debt / Equity
- 0.2
- Interest coverage
- 13.6
- Dividend yield
- 0.8%
- ROE 3y average
- —
- ROE last year
- 17.0%
Annual P&L
- Annual revenue
- ₹822 Cr
- Annual profit
- ₹110 Cr
- Operating margin
- 21.0%
- Net profit margin
- 13.4%
- EBITDA margin
- 21.5%
- Sales growth 3y
- 41.8%
- Sales growth 5y
- 27.4%
- Profit growth 3y
- 29.0%
- Profit growth 5y
- 16.0%
- EPS
- ₹55.1
- Sales growth TTM
- 1.0%
- Profit growth TTM
- -29.0%
- Dividend payout
- 22.0%
Quarter P&L
- Sales latest quarter
- ₹125 Cr
- Profit latest quarter
- ₹1 Cr
- YoY quarterly sales growth
- -28.5%
- YoY quarterly profit growth
- -97.8%
- OPM latest quarter
- 7.6%
Balance Sheet
- Book Value
- ₹346
- Face Value
- ₹10.0
- Total debt
- ₹110 Cr
- Total cash
- ₹13 Cr
- Borrowings
- ₹110 Cr
- Reserves / Equity
- 33.5
Cash Flow
- Operating cash flow
- ₹2 Cr
- Free cash flow
- -₹51 Cr
- FCF yield
- -2.1%
- Net cash flow
- ₹2 Cr
Shareholding
- Promoter holding
- 40.9%
- FII holding
- 2.9%
- DII holding
- 16.5%
- Public holding
- 39.7%
Peer comparison
| Company | Price ₹ | P/E | Mkt cap ₹ Cr | Div yield % | Profit qtr ₹ Cr | Profit var % | Sales qtr ₹ Cr | Sales var % | ROCE % |
|---|---|---|---|---|---|---|---|---|---|
| Indo-MIM | 1,359.90 | 104.2 | 67,269 | 0.00 | 240.1 | 31.6 | 1,218.7 | 9.4 | 25.0 |
| Aditya Infotech | 4,064.90 | 104.5 | 49,858 | 0.04 | 142.2 | 332.5 | 1,402.4 | 89.5 | 28.6 |
| Syrma SGS Tech. | 1,746.70 | 90.8 | 33,708 | 0.09 | 105.7 | 101.2 | 1,588.6 | 68.3 | 16.8 |
| Honeywell Auto | 33,345.00 | 52.7 | 29,491 | 0.33 | 150.7 | 20.9 | 1,204.4 | 1.8 | 16.9 |
| Jyoti CNC Auto. | 1,071.00 | 75.7 | 24,356 | 0.00 | 57.1 | -20.0 | 508.5 | 24.0 | 21.3 |
| Kaynes Tech | 3,365.00 | 65.2 | 22,654 | 0.00 | 56.4 | -24.4 | 946.0 | 40.5 | 12.7 |
| LMW | 16,819.00 | 98.2 | 17,942 | 0.21 | 55.5 | 369.2 | 860.7 | 24.0 | 5.6 |
| The Anup Enginee | 1,547.00 | 36.1 | 3,098 | 0.78 | 0.6 | -97.8 | 125.3 | -28.5 | 21.0 |
| Median | 347.48 | 36.0 | 669 | 0.00 | 5.7 | 31.6 | 75.0 | 23.6 | 16.1 |
Competes with: Aditya Infotech Limited, Honeywell Automation India Limited, INDOMIM, Jyoti CNC Automation Limited, Kaynes Technology India Limited, LLOYDS ENGINEERING WORKS LIMITED, LMW Limited, Syrma SGS Technology Limited, Tega Industries Limited
Quarterly results
Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.
| Line item | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 114 | 144 | 125 | 140 | 146 | 193 | 172 | 222 | 175 | 232 | 207 | 208 | 125 |
| Expenses | 92 | 114 | 97 | 108 | 113 | 150 | 133 | 172 | 135 | 181 | 163 | 170 | 116 |
| Material Cost | 75 | 112 | 91 | 97 | 57 | ||||||||
| Change in Inventories | 8.97 | -4.07 | 5.09 | 8.41 | 4.63 | ||||||||
| Purchases of Stock-in-Trade | 0 | 0 | 0 | 0 | 0 | ||||||||
| Employee Cost | 12 | 13 | 13 | 13 | 13 | ||||||||
| Other Expenses | 39 | 60 | 53 | 52 | 41 | ||||||||
| Operating Profit | 23 | 30 | 28 | 31 | 33 | 43 | 39 | 50 | 40 | 51 | 44 | 38 | 9.47 |
| OPM % | 20 | 21 | 22 | 22 | 23 | 22 | 23 | 22 | 23 | 22 | 21 | 18 | 7.56 |
| Other Income | 0.16 | 0.46 | 0.49 | 1.56 | 2.56 | 1.42 | 0.67 | 0.69 | 2.33 | 0.36 | -1.26 | 0.25 | 0.52 |
| Exceptional items (within Other Income) | 0 | 0 | -1.45 | 0 | 0 | ||||||||
| Interest | 0.51 | 0.31 | 0.04 | 0.16 | 1.01 | 0.95 | 0.74 | 0.63 | 0.87 | 2.10 | 3.51 | 2.21 | 1.62 |
| Depreciation | 3.16 | 3.51 | 3.47 | 3.56 | 5.47 | 5.88 | 6.18 | 6.28 | 6.53 | 6.71 | 7.05 | 7.55 | 7.43 |
| Profit before tax | 19 | 27 | 25 | 29 | 29 | 38 | 33 | 43 | 35 | 43 | 32 | 29 | 0.94 |
| Tax % | 27 | 27 | 26 | 26 | 17 | 14 | 7.90 | 27 | 26 | 26 | 21 | 7.59 | 38 |
| Net Profit | 14 | 19 | 19 | 22 | 24 | 33 | 30 | 32 | 26 | 32 | 26 | 27 | 0.57 |
| EPS in Rs | 7.01 | 9.83 | 9.37 | 11 | 12 | 16 | 15 | 16 | 13 | 16 | 13 | 13 | 0.28 |
| Diluted EPS in Rs | 13 | 16 | 13 | 13 | 0.28 |
Profit & loss
Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.
| Line item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|
| Sales | 245 | 279 | 288 | 411 | 733 | 822 | 772 |
| Expenses | 176 | 209 | 217 | 327 | 565 | 646 | 629 |
| Material Cost | 375 | ||||||
| Change in Inventories | 18 | ||||||
| Purchases of Stock-in-Trade | 0 | ||||||
| Employee Cost | 51 | ||||||
| Other Expenses | 204 | ||||||
| Operating Profit | 70 | 70 | 71 | 84 | 168 | 177 | 143 |
| OPM % | 28 | 25 | 25 | 20 | 23 | 21 | 19 |
| Other Income | 4 | 3 | 4 | 1 | 5 | 2 | -0 |
| Exceptional items (within Other Income) | -1.45 | ||||||
| Interest | 2 | 2 | 2 | 3 | 6 | 11 | 9 |
| Depreciation | 9 | 11 | 12 | 13 | 24 | 28 | 29 |
| Profit before tax | 63 | 61 | 61 | 70 | 143 | 139 | 105 |
| Tax % | 32 | 13 | -2 | 27 | 17 | 21 | |
| Net Profit | 43 | 54 | 62 | 51 | 118 | 110 | 85 |
| EPS in Rs | 21 | 27 | 31 | 26 | 59 | 55 | 42 |
| Diluted EPS in Rs | 55 | ||||||
| Dividend Payout % | 17 | 13 | 13 | 29 | 29 | 22 |
Compounded growth
Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.
Compounded sales growth
- 10 years
- —
- 5 years
- 27%
- 3 years
- 42%
- TTM
- 1%
Compounded profit growth
- 10 years
- —
- 5 years
- 16%
- 3 years
- 29%
- TTM
- -29%
Stock price CAGR
- 10 years
- —
- 5 years
- 26%
- 3 years
- 16%
- 1 year
- -38%
Return on equity
- 10 years
- —
- 5 years
- —
- 3 years
- —
- Last year
- 17%
Balance sheet
What the company owns and what it owes, at the end of each year. ₹ crore.
| Line item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity Capital | 10 | 10 | 10 | 10 | 20 | 20 |
| Reserves | 313 | 327 | 384 | 428 | 592 | 671 |
| Borrowings | 0 | 0 | 0 | 34 | 32 | 110 |
| Other Liabilities | 99 | 94 | 132 | 171 | 282 | 170 |
| Total Liabilities | 422 | 431 | 525 | 643 | 926 | 971 |
| Fixed Assets | 171 | 212 | 203 | 217 | 363 | 398 |
| CWIP | 12 | 2 | 31 | 87 | 10 | 2 |
| Investments | 44 | 0 | 0 | 0 | 11 | 0 |
| Other Assets | 194 | 217 | 292 | 338 | 543 | 571 |
| Total Assets | 422 | 431 | 525 | 643 | 926 | 971 |
Cash flows
Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.
| Line item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from Operating Activity | 32 | 53 | 74 | 30 | -7 | 2.16 |
| Cash from Investing Activity | -15 | -12 | -61 | -33 | 22 | -36 |
| Cash from Financing Activity | -16 | -38 | -7 | 25 | -30 | 36 |
| Net Cash Flow | 1 | 3 | 6 | 22 | -15 | 2 |
| Free Cash Flow | 14 | 13 | 33 | -45 | -51 | -51 |
Ratios
How fast customers pay, how long stock sits, and how well capital earns — year by year.
| Line item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor Days | 96 | 144 | 158 | 132 | 141 | 185 |
| Inventory Days | 351 | 165 | 235 | 209 | 135 | 94 |
| Days Payable | 77 | 66 | 113 | 108 | 81 | 79 |
| Cash Conversion Cycle | 370 | 242 | 280 | 232 | 195 | 199 |
| Working Capital Days | 158 | 146 | 137 | 123 | 116 | 144 |
| ROCE % | 19 | 17 | 17 | 21 |
Price trend
The price as a Renko brick chart: small moves drop out so the bigger path stands out.
Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.
Open interestPRO
Where option traders are positioned on this stock.
Industry numbers
The numbers that matter most in this industry, from the company's own filings.
1 when an audit qualification is filed as repetitive
0.00flag
2026-03-31
the company's own unlisted debt securities in default at period end
0.00cr
2026-06-30
exports as % of revenue
50.00pct
2026-06-30
the company's own loans / revolving facilities in default at period end (standalone filing)
0.00cr
2026-06-30
order book, Rs crore
985inr_cr
2026-06-30
guarantees / comfort given for promoter, promoter group, directors and KMP
0.00cr
2026-03-31
loans outstanding to promoter, promoter group, directors and KMP (governance filing)
0.00cr
2026-03-31
security given for the borrowing of promoter, promoter group, directors and KMP
0.00cr
2026-03-31
FY revenue / permanent employees + workers, same basis (calc)
2,01,90,205inr
2026-03-31
News
News and filings about The Anup Engineering Limited. Open one to see why it matters.
No recent news for this company.
Supply chain
Who it buys from, sells to and competes with — as recorded in our map of company links.
Competes with
Uses as raw material
- alloy steel tubes
- carbon and stainless steel plates
- fasteners
- forgings
- gaskets
- nickel-based alloys
- pipe fittings
Depends on the price of
- steel
Sells to
- Bharat Oman Refineries Limited · refinery process equipment
- Chambal Fertilizers & Chemicals Limited · fertilizer-sector static process equipment
- Engineers India Limited · static process equipment for EPC projects
- Gujarat State Fertilizers & Chemicals Limited · molten salt tanks and reactor internal coils
- HPCL-Mittal Energy Limited (HMEL) · refinery static process equipment
- Hindustan Petroleum Corporation Limited · reactors and process equipment
- IFFCO · fertilizer process equipment
- Indian Oil Corporation · pressure vessels / separator drums
- LyondellBasell · polymerization reactors (export)
- Mangalore Refinery and Petrochemicals Limited · static process equipment
- NTPC Limited · low-pressure feed water heaters
- Nayara Energy · refinery process equipment
- Petronas · process equipment (export)
- Reliance Industries · heat exchangers, reactors, PSA adsorbers and pressure vessels
- SABIC · petrochemical process equipment (export)
- Sasol · process equipment (export)
- Technip FMC · process equipment (export EPC)
- Toyo Engineering · EPC static equipment (export)
Buys from
- Scoda Tubes Limited · SS heat-exchanger / process tubes
About
What the company is, from our own records: where it sits, where it makes things, and what it is made of.
- Sector
- Capital Goods
- Industry
- Industrial Products
- Classification
- Capital Goods › Industrial Products
- ISIN
- INE294Z01018
Plants
- Mabel Engineers Private Limited · Gummidipoondi, Tamil Nadu
- Works 1 / Ahmedabad manufacturing facility · Ahmedabad, Gujarat
- Works 2 / Kheda facility · Hariyala, Kheda, Gujarat
News impact
Big market events that reach The Anup Engineering Limited, and how the effect spreads.
No recent market events reach this company.
Dividends, splits & big trades
Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.
Dividends
| 14 Aug 2026 | unspecified | ₹12 |
|---|---|---|
| 6 Aug 2025 | unspecified | ₹17 |
| 26 Jul 2024 | unspecified | ₹15 |
| 26 Jul 2024 | special | ₹5 |
| 23 Apr 2024 | bonus | ₹0 |
| 21 Jul 2023 | unspecified | ₹15 |
| 29 Jul 2022 | unspecified | ₹8 |
| 9 Aug 2021 | unspecified | ₹7 |
Splits, bonuses & buybacks
- daily-prices repair: 8 rows from NSE's archive (replace 1, delete 1, insert 6), 2020-02-01..2026-02-01 (docs/flat_day_repair.md)1× · 1 Feb 2020
Insider trades
| Disclosed | Who | Type | Shares | Value ₹ Cr |
|---|---|---|---|---|
| 17 Aug 2026 | PARU MRUGESH JAYKRISHNA · Directors Immediate Relative | SELL | 4,780 | 0.88 |
| 17 Aug 2026 | PARU MRUGESH JAYKRISHNA · Directors Immediate Relative | SELL | 2,720 | 0.51 |
| 17 Aug 2026 | PARU MRUGESH JAYKRISHNA · Directors Immediate Relative | SELL | 2,500 | 0.47 |
Documents
Annual reports, results presentations and earnings calls, straight from the source.
- Earnings call6 Aug 2026
- Annual report · 2025-2631 Jul 2026
- Results presentation30 Jun 2026
- Earnings call28 May 2026
- Earnings call4 Feb 2026
Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.