The Anup Engineering Ltd
NSE: ANUP · Industrial Products · sector
₹1,327.10NSE close 2026-10-26
Key numbers
Market cap₹2,658 cr
Price₹1,327.10
52w high / low₹2,480 / ₹1,327
P/E31.4xSector median 24.2x
P/B3.9xSector median 2.8x
Book value₹345.0
Dividend yield1.26%Sector median 0.50%
ROE13.0%Sector median 11.5%
ROCE14.3%Sector median 13.4%
OPM18.4%Sector median 10.3%
Debt / equity0.16xSector median 0.17x
EV/EBITDA19.4xSector median 16.7x
Interest cover12.1x
Current ratio2.47x
Sales growth 3y+26.0%Sector median +10.2%
Profit growth 3y+29.0%Sector median +12.8%
PEG1.10x
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 152 companies in Industrial Products (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹13 cr vs borrowings ₹108 cr (FY26): borrowings are higher by ₹95 cr.
- Operating profit covered interest 12.1x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 3 of the last 5 years (FY26, FY25, FY23).
- Revenue was higher than a year earlier in 2 of the last 4 quarters.
- Other income was 2% of net profit in the last 12 months.
- Debtor days went from 84 (FY24) to 185 (FY26).
- Dividend paid in 5 of the last 5 financial years.
- Price ₹1,327.10 on 2026-10-26: -46.5% from the 52-week high, 0.0% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹3,741.75 · low ₹1,327.10
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 193 | 172 | 222 | 175 | 232 | 207 | 208 | 125 |
| EBITDA | 43 | 39 | 50 | 40 | 51 | 43 | 38 | 9 |
| OPM % | 22.4% | 22.7% | 22.4% | 23.0% | 22.2% | 20.6% | 18.4% | 7.6% |
| Other income | 1 | 1 | 1 | 2 | 0 | 0 | 0 | 1 |
| Net profit | 33 | 30 | 32 | 26 | 32 | 26 | 27 | 1 |
| EPS (₹) | 16.26 | 15.11 | 15.75 | 13.11 | 16.01 | 12.75 | 13.25 | 0.28 |
| Revenue YoY | +20.3% | +20.6% | -6.2% | -28.5% | ||||
| Profit YoY | -1.5% | -15.5% | -15.9% | -97.8% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 288 | 411 | 550 | 733 | 822 | 772 |
| EBITDA | 70 | 83 | 127 | 150 | 173 | 142 |
| Net profit | 62 | 51 | 103 | -22 | 110 | 85 |
| EPS (₹) | 31.41 | 26.00 | 26.10 | 59.25 | 55.12 | 42.29 |
| Revenue growth | +42.7% | +33.8% | +33.1% | +12.2% | +1.4% | |
| Profit growth | -17.1% | +101.2% | -121.3% | – | -29.7% | |
| Dividend / share (₹) | 7.00 | 8.00 | 15.00 | 15.00 | 17.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +26.0% | +24.1% | +1.4% |
| Net profit | +29.0% | +15.6% | -29.7% |
| EPS | +28.5% | +16.0% | – |
| Share price | – | -29.9% (2y) | -40.5% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 438 | 528 | 612 | 691 |
| Borrowings | – | 34 | 19 | 29 | 108 |
| Cash & equivalents | – | 33 | 125 | 26 | 13 |
| Total assets | – | 643 | 808 | 926 | 971 |
| Fixed assets | – | 201 | 300 | 340 | 328 |
| Capital work in progress | – | 87 | 16 | 10 | 2 |
| Investments | – | 0 | 0 | 0 | 0 |
| Receivables | – | 149 | 127 | 284 | 416 |
| Inventory | – | 127 | 165 | 147 | 101 |
| Payables | – | 66 | 63 | 88 | 85 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 74 | 30 | 169 | -148 | 2 |
| Cash from investing | -61 | -33 | -153 | 22 | -36 |
| Cash from financing | -7 | 25 | -30 | -30 | 36 |
| Capex | 42 | 75 | 43 | 45 | 53 |
| Free cash flow | 32 | -45 | 126 | -192 | -51 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 11.8% | 19.6% | -3.6% | 16.0% |
| ROCE % | – | 15.1% | 21.6% | 4.2% | 18.5% |
| Debtor days | – | 132 | 84 | 141 | 185 |
| Inventory days | – | 209 | 212 | 119 | 94 |
| Payable days | – | 108 | 81 | 71 | 79 |
| Cash conversion cycle (days) | – | 233 | 215 | 189 | 200 |
| Working capital days | – | 152 | 142 | 129 | 149 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 40.92% |
| FIIs | 2.84% |
| DIIs | 16.84% |
| of which Mutual funds | 10.31% |
| of which Insurance | 2.05% |
| Government | 0.00% |
| Public (non-institutions) | 39.39% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 40.98% | 40.98% | 40.98% | 40.98% | 40.92% | 40.92% | 40.92% | 40.92% |
| Promoter group | % |
|---|---|
| Aura Securities Private Limited | 35.46% |
| Aura Business Ventures LLP | 1.83% |
| Atul Limited | 1.53% |
| Aagam Holdings Private Limited | 0.98% |
| Arvind Farms Pvt Ltd | 0.55% |
| Samvegbhai Arvindbhai (Karta) | 0.07% |
| Snehal Mohta | 0.07% |
| Adore Investments Private Limited | 0.07% |
| Jayshreeben Sanjaybhai Lalbhai | 0.05% |
| Anusandhan Investments Limited | 0.04% |
| Saumya Samvegbhai Lalbhai | 0.03% |
| Swati S Lalbhai | 0.03% |
| Taral S Lalbhai | 0.03% |
| Sunil Siddharth Lalbhai | 0.03% |
| Amardeep Holdings Private Limited | 0.03% |
| Public holders above 1% | % |
|---|---|
| HDFC Mutual Funds | 9.44% |
| Abakkus Emerging Opportunities Fund-1 | 3.57% |
| Bhupendra M Shah | 2.34% |
| The New India Assurance Company Limited | 2.05% |
| Chetan Jayantilal Shah | 2.00% |
| Gokul Mrugesh Jaykrishna | 1.72% |
98,130 shareholders. Pledged: 0.00% of promoter shares.
Peers in Industrial Products
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| INDOMIM | ₹52,085 cr | – | – | – | – | – | – | – |
| CPPLUS | ₹45,577 cr | 94.7x | 24.3x | 25.5% | 33.3% | 14.5% | – | 0.04% |
| SYRMA | ₹28,803 cr | 77.7x | 10.1x | 17.4% | 17.6% | 11.1% | +33.0% | 0.10% |
| HONAUT | ₹27,500 cr | 50.1x | 6.2x | 13.0% | 16.9% | 13.3% | +10.7% | 0.34% |
| KAYNES | ₹22,167 cr | 64.0x | 4.7x | 9.1% | 11.1% | 15.5% | +47.7% | – |
| JYOTICNC | ₹20,523 cr | 63.8x | 10.3x | 17.4% | 18.5% | 24.4% | – | – |
| LMW | ₹17,267 cr | 84.2x | 5.7x | 7.0% | 9.3% | 7.1% | -12.1% | 0.19% |
| TEGA | ₹12,752 cr | 447.9x | 3.7x | 0.9% | 4.5% | 7.5% | +11.7% | 0.11% |
| LLOYDSENGG | ₹12,248 cr | 48.1x | 7.3x | 14.1% | 15.1% | 14.2% | +60.9% | 0.27% |
| ANUP | ₹2,658 cr | 31.4x | 3.9x | 13.0% | 14.3% | 18.4% | +26.0% | 1.26% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-08-14 | Dividend | Dividend - Rs 12 Per Share |
| 2025-08-06 | Dividend | Dividend - Rs 17 Per Share |
| 2024-07-26 | Dividend | Annual General Meeting/Dividend - Rs 15 Per Share/Special Dividend - Rs 5 Per Share |
| 2024-04-23 | Bonus | Bonus 1:1 |
| 2023-07-21 | Dividend | Annual General Meeting/Dividend - Rs 15 Per Share |
| 2022-07-29 | Dividend | Annual General Meeting/Dividend - Rs 8 Per Share |
| 2021-08-09 | Dividend | Annual General Meeting/Dividend - Rs 7 Per Share |
| 2020-09-17 | Dividend | Annual General Meeting/Dividend - Rs 7 Per Share |
| 2019-07-30 | Dividend | Annual General Meeting/Dividend - Rs 7 Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Manufacturing: Fabrication of metal and metal products
| Sector | Industrials |
| Industry | Industrial Products |
| Sub-industry | Industrial Products |
| Symbol | ANUP |
| BSE code | 542460 |
| ISIN | INE294Z01018 |
| Face value | ₹10.0 |
| Incorporated | 2017-09-14 |
| Website | www.anupengg.com |
| Plants (India / abroad) | 2 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.