Tankup Engineers Ltd
Incorporated in 2020, Tankup Engineers
Ltd designs and manufactures mobility
and storage solutions for special-purpose applications[1]
- Market Cap ₹ 248 Cr.
- Current Price ₹ 469
- High / Low ₹ 495 / 153
- Stock P/E 163
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 21.3 %
- ROE 29.7 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 58.9%
Cons
- Debtor days have increased from 89.4 to 110 days.
- Working capital days have increased from 59.2 days to 90.8 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Industrial Products Other Industrial Products
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 1.40 | 11.81 | 19.42 | 20.30 | |
| 1.31 | 10.52 | 16.01 | 17.77 | |
| Operating Profit | 0.09 | 1.29 | 3.41 | 2.53 |
| OPM % | 6.43% | 10.92% | 17.56% | 12.46% |
| 0.00 | 0.04 | 0.12 | 0.17 | |
| Interest | 0.02 | 0.19 | 0.35 | 0.62 |
| Depreciation | 0.02 | 0.20 | 0.16 | 0.21 |
| Profit before tax | 0.05 | 0.94 | 3.02 | 1.87 |
| Tax % | 20.00% | 15.96% | 17.55% | 18.72% |
| 0.05 | 0.79 | 2.48 | 1.52 | |
| EPS in Rs | 3.33 | 31.60 | 99.20 | 3.90 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 144% |
| TTM: | 5% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 212% |
| TTM: | -39% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 59% |
| Last Year: | 30% |
Balance Sheet
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Equity Capital | 0.15 | 0.25 | 0.25 | 3.90 |
| Reserves | 0.05 | 0.86 | 3.34 | 2.76 |
| 1.42 | 2.57 | 3.70 | 9.47 | |
| 0.70 | 4.99 | 3.14 | 5.40 | |
| Total Liabilities | 2.32 | 8.67 | 10.43 | 21.53 |
| 0.73 | 0.78 | 0.67 | 0.84 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 |
| 1.59 | 7.89 | 9.76 | 20.69 | |
| Total Assets | 2.32 | 8.67 | 10.43 | 21.53 |
Cash Flows
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| -0.60 | -0.66 | -0.80 | -5.80 | |
| -0.54 | -0.30 | -0.05 | -0.91 | |
| 1.22 | 1.10 | 0.70 | 6.73 | |
| Net Cash Flow | 0.08 | 0.14 | -0.15 | 0.01 |
Ratios
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtor Days | 62.57 | 98.90 | 59.20 | 110.04 |
| Inventory Days | 342.19 | 151.94 | 171.16 | 350.77 |
| Days Payable | 228.12 | 135.15 | 51.41 | 130.48 |
| Cash Conversion Cycle | 176.63 | 115.69 | 178.96 | 330.33 |
| Working Capital Days | 20.86 | 26.58 | 60.14 | 90.80 |
| ROCE % | 42.64% | 61.44% | 21.26% |
Documents
Announcements
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
14 October 2025 - RTA confirms Reg 74(5) not applicable; all shares dematerialised; no rematerialisation requests for quarter ended Sept 30, 2025.
-
Shareholders meeting
30 September 2025 - Filed voting results and scrutinizer report for AGM held 29 Sep 2025; all resolutions passed.
-
Shareholders meeting
29 September 2025 - AGM on 29-Sep-2025: adopted FY2024-25 financials; reappointed Subodh Dakwale; regularized Rajneesh Gupta as independent director.
-
Trading Window
25 September 2025 - Trading window closed from Oct 1, 2025 until 48 hours after unaudited H1 results (Sept 30, 2025).
-
Updates
6 September 2025 - AGM on 29 Sept 2025; Annual Report 2024-25 available at https://www.tankup.co.in/financial/.
Business Overview:[1]
TEL manufactures specialized vehicle superstructures designed for complex mobility and storage solutions across various capacities. Its expertise lies in fabricating large containers and tanks-like structures used for transporting
and storing different materials including liquids, gases, and solids—customized to meet specific client needs regarding size, material, capacity, and features.