Tankup Engineers Ltd
Incorporated in 2020, Tankup Engineers
Ltd designs and manufactures mobility
and storage solutions for special-purpose applications[1]
- Market Cap ₹ 867 Cr.
- Current Price ₹ 1,638
- High / Low ₹ 1,670 / 390
- Stock P/E 181
- Book Value ₹ 56.1
- Dividend Yield 0.00 %
- ROCE 19.0 %
- ROE 26.3 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 34.2%
Cons
- Stock is trading at 29.2 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has high debtors of 246 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
Part of Nifty SME Emerge
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| 1.40 | 11.81 | 19.42 | 20.30 | 57.25 | |
| 1.31 | 10.52 | 16.01 | 17.77 | 50.03 | |
| Operating Profit | 0.09 | 1.29 | 3.41 | 2.53 | 7.22 |
| OPM % | 6.43% | 10.92% | 17.56% | 12.46% | 12.61% |
| 0.00 | 0.04 | 0.12 | 0.17 | 0.76 | |
| Interest | 0.02 | 0.19 | 0.35 | 0.62 | 1.88 |
| Depreciation | 0.02 | 0.20 | 0.16 | 0.21 | 0.22 |
| Profit before tax | 0.05 | 0.94 | 3.02 | 1.87 | 5.88 |
| Tax % | 20.00% | 15.96% | 17.55% | 18.72% | 18.88% |
| 0.05 | 0.79 | 2.48 | 1.52 | 4.78 | |
| EPS in Rs | 3.33 | 31.60 | 99.20 | 3.90 | 9.03 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 69% |
| TTM: | 182% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 82% |
| TTM: | 214% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 247% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 36% |
| 3 Years: | 34% |
| Last Year: | 26% |
Balance Sheet
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Equity Capital | 0.15 | 0.25 | 0.25 | 3.90 | 5.30 |
| Reserves | 0.05 | 0.86 | 3.34 | 2.76 | 24.39 |
| 1.42 | 2.57 | 3.70 | 9.47 | 36.06 | |
| 0.70 | 4.99 | 3.14 | 5.40 | 6.79 | |
| Total Liabilities | 2.32 | 8.67 | 10.43 | 21.53 | 72.54 |
| 0.73 | 0.78 | 0.67 | 0.84 | 2.95 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 1.59 | 7.89 | 9.76 | 20.69 | 69.59 | |
| Total Assets | 2.32 | 8.67 | 10.43 | 21.53 | 72.54 |
Cash Flows
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| -0.60 | -0.66 | -0.80 | -5.80 | -34.36 | |
| -0.54 | -0.30 | -0.05 | -0.91 | -1.39 | |
| 1.22 | 1.10 | 0.70 | 6.73 | 36.46 | |
| Net Cash Flow | 0.08 | 0.14 | -0.15 | 0.01 | 0.71 |
| Free Cash Flow | -1.09 | -0.91 | -0.85 | -6.18 | -36.44 |
| CFO/OP | -667% | -38% | -7% | -215% | -464% |
Ratios
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Debtor Days | 62.57 | 98.90 | 59.20 | 110.04 | 245.84 |
| Inventory Days | 342.19 | 151.94 | 171.16 | 350.77 | 164.21 |
| Days Payable | 228.12 | 135.15 | 51.41 | 130.48 | 39.86 |
| Cash Conversion Cycle | 176.63 | 115.69 | 178.96 | 330.33 | 370.18 |
| Working Capital Days | 20.86 | 26.58 | 60.14 | 90.80 | 123.62 |
| ROCE % | 42.64% | 61.44% | 21.26% | 18.95% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | |
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Extracted by Screener AI
Documents
Announcements
-
Acquisition
- Tankup signed agreement on 9 Sep 2026 to acquire 100% of Hitech Hydraulics, strengthening space and defence capabilities.
-
Updates
- Tankup Engineers will hold its 6th AGM on 29 September 2026; FY2025-26 annual report link shared.
-
Copy of Newspaper Publication
- Published newspaper advertisement for 6th AGM notice and e-voting information.
-
Shareholders meeting
- Tankup Engineers submits FY2025-26 annual report and AGM notice for September 29, 2026.
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Outcome of Board Meeting
- Board reappointed Secretarial Auditor and CFO as Internal Auditor for FY 2026-27 on September 5, 2026.
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.