Tankup Engineers Ltd
Incorporated in 2020, Tankup Engineers
Ltd designs and manufactures mobility
and storage solutions for special-purpose applications[1]
- Market Cap ₹ 595 Cr.
- Current Price ₹ 1,124
- High / Low ₹ 1,170 / 295
- Stock P/E 124
- 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 20.0 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: | 208% |
| 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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| Actual Production Volume MT |
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Extracted by Screener AI
Documents
Announcements
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
14 July 2026 - Regulation 74(5) certificate: all shares in demat form, no rematerialisation requests for quarter ended 30 June 2026.
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Reply to Clarification- Financial results
2 July 2026 - FY26 audited results filed; Rajneesh Gupta exited as independent director on 29 May 2026.
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Clarification - Financial Results
27 June 2026 - Exchange has sought clarification from Tankup Engineers Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of the SEBI (LODR) Regulations, 2015. On …
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Structural Digital Database
30 May 2026 - Tankup Engineers submits SDD compliance certificate for FY ended 31 March 2026.
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Cessation
29 May 2026 - Mr. Rajneesh Gupta resigned as Independent Director effective May 29, 2026, citing tenure completion.
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.