MoneyWorks4Me

Check Before You Invest : The Anup Engineering Ltd

BSE: 542460 NSE: ANUP ISIN: INE294Z01018
  |   Sector:  Capital Goods & Industrial Consumables   |   Industry:  Engineering - Industrial Equipments

Snapshot

Q.1 Which industry/sub-sector does The Anup Engineering Ltd belong to?
The Anup Engineering Ltd belongs to the Capital Goods & Industrial Consumables sector, operating specifically within the Engineering - Industrial Equipments segment.
Q.2 Is The Anup Engineering Ltd a good quality company?
The Anup Engineering Ltd is a good quality company, based on a consistently good multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

Q.3 Is The Anup Engineering Ltd undervalued or overvalued?
The Anup Engineering Ltd appears Fair, as its key valuation ratios are in line with their past averages.

Based on the industry it operates in, the relevant valuation ratios include one of the following, P/E, P/BV, P/Sales, EV/EBITDA or a combination of two or more.

Valuation Ratios Current 5-year
Historic Median
Price to Earnings 43.35 34.39
Price to Book 5.36 6.23
Price to Sales 4.75 5.21
EV to EBITDA 26.05 24.38
Q.4 Is The Anup Engineering Ltd a good buy now?
The Anup Engineering Ltd is not a good buy now, based on weak price trend analysis suggesting prices may fall. However, you need to check its quality and valuation before making a decision

Performance Analysis

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

A: What are the trends in revenue and profit margins?

Q.1 Revenue growth of The Anup Engineering Ltd?
The Anup Engineering Ltd revenue growth is 12.2% for FY-2026, which is below its 5-year CAGR of 27.35%, indicating slower growth.

Q.2 Gross Profit margin of The Anup Engineering Ltd?
The Anup Engineering Ltd Gross profit margin which is the profit after deduction of direct costs, is 20.5% for FY-2026, which is below its 5-year median of 22.8%, indicating decreasing margins.

Q.3 Operating Profit Margin of The Anup Engineering Ltd?
The Anup Engineering Ltd Operating Profit Margin which is the profit after deduction of all operating costs, is 22.25% for FY-2026, which is in line with its 5-year median of 23.06% indicating stable margins.

Q.4 Net Profit Margin of The Anup Engineering Ltd?
The Anup Engineering Ltd Net Profit Margin is 13.43% for FY-2026, is below its 5-year median of 16.14%, indicating decreasing margins.
Current Level 5-year
Historic Median
Gross Profit Margin (%) 20.5 22.8
Operating Profit Margin (%) 22.25 23.06
Net Profit Margin (%) 13.43 16.14

B: Does the business utilize capital efficiently?

Q.5 Return on Asset of The Anup Engineering Ltd?
The Anup Engineering Ltd Return on Asset is 11.64%, which is below its 5-year historical median of 12.55%, indicating deteriorated asset utilization efficiency.

Q.6 Return on capital employed (ROCE) of The Anup Engineering Ltd?
The Anup Engineering Ltd Return on capital employed is 20.89% for FY-2026, which is above its 5-year historical median of 19.09%. The current ROCE is above its estimated weighted average cost of capital (WACC) of 14%, indicating value creation.

Q.7 Return on Equity (ROE) of The Anup Engineering Ltd?
The Anup Engineering Ltd Return on equity is 17.08% for FY-2026, which is in line with its 5-year historical median of 17.04%, indicating the business is making similar use of its shareholders capital.

Q.8 Cash conversion cycle of The Anup Engineering Ltd?
The Anup Engineering Ltd Cash conversion cycle is 160 days, in line with its 5-year historical median of 160 days, indicating stable working capital management. However, you need to compare this with its peers in the industry.
Current Level 5-year
Historic Median
Asset Turnover (x) 0.87 0.7
ROE (%) 17.08 17.04
ROCE (%) 20.89 19.09
Cash Conversion Cycle 160 days 160 days

C: How much debt does the business have and is it at a sustainable level?

Q.9 Debt to Equity ratio of The Anup Engineering Ltd?
The Anup Engineering Ltd Debt-to-Equity ratio is 0.16, which is lower the industry average of 0.18, indicating lower debt levels in the industry.

Q.10 Debt to cash flow from operations of The Anup Engineering Ltd?
The Anup Engineering Ltd Debt to cash flow from operations is 49.86, which is at a unhealthy level.

Ownership & governance

D: Promoter shareholding and pledge status of The Anup Engineering Ltd?

Q.1 Promoter shareholding and pledge status of The Anup Engineering Ltd?
Promoters hold 40.92% of the The Anup Engineering Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Peer comparison (industry-wise, mcap)

E: How does The Anup Engineering Ltd performance compare with that of its Peers?

Q.1 Revenue growth of The Anup Engineering Ltd vs industry peers?
The Anup Engineering Ltd revenue CAGR is 27.35%, compared to the industry median CAGR of 4.23%, indicating faster growth and gaining its market share.
Profit Metrics
Current Level 5-year
Industry Median
Revenue Growth (%) 12.2 4.2
Gross Profit Growth (%) 1.2 21.9
Operating Profit Growth (%) 5.4 21.1
Net Profit Growth (%) -6.8 26.7
Operating Efficiency
Current Level 5-year
Industry Median
Asset Turnover (x) 0.87 0.89
ROE (%) 17.08 12.81
ROCE (%) 20.89 15.27
Cash Conversion Cycle (days) 160.03 98

Valuation & price assessment

Q.1 Stock return of The Anup Engineering Ltd over the last decade?
Over the last 5 year(s), the stock has delivered a CAGR of 29.37% based on the current price.
9Y 5Y 3Y 1Y
Share Price
CAGR
- 29.4% 19.6% -21.8%
Q.2 Valuation ratios of The Anup Engineering Ltd vs historical?
The current P/E ratio of 43.35 is higher than its historical median of 34.39, indicating that the stock is trading above its historical average valuation.
Q.3 How do the current valuation ratios compare with 5-year historical median and industry numbers?
Valuation Ratios Current 5-year
Historic Median
5-year
Industry Median
Price to Earnings 43.35 34.39 29.36
Price to Book 5.36 6.23 2.91
Price to Sales 4.75 5.21 2.93
EV to EBITDA 26.05 24.38 15.77

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: