SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Tankup Engineers Ltd (TANKUP)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: TANKUP Engineering - Industrial Equipments | Small Cap | Tankup Engineers Share Price

BSE Share Price
Not Listed

Tankup Engineers Ltd (TANKUP)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: TANKUP Engineering - Industrial Equipments | Small Cap | Tankup Engineers Share Price

BSE Share Price
Not Listed
Key Metrics
Valuation Multiples
Market Cap
₹505 Cr.
Current Price
₹0
52-Week Low / High
₹0 / 0
TTM EPS
₹9
TTM Sales
₹57.3 Cr.
Book Value per Share
₹49.5
P/E Ratio
105.76
Lower than its 5-year historical median
Industry PE
56.1
Price to Book (P/B)
19.29
Lower than its 5-year historical median
Price to Sales (P/S)
8.82
Lower than its 5-year historical median
EV/EBITDA
64.48
Lower than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
29.74%
Outperforms industry median
Return on Capital Employed (ROCE)
21.26%
Outperforms industry median
Return on Assets (ROA)
9.55%
Operating Profit Margin
12.4%
Net Profit Margin
7.51%
Gross Profit Margin
10.3%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
4.53%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
-25.59%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
-38.71%
Asset Quality
Promoter Holding
73.65%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹21 Cr.
Equity
₹5.3 Cr.
Face Value
₹10
All Time Low / High
- / -

Tankup Engineers stock performance

Key Ratios
mw4me loader

Check Before You Invest

Valuation

Somewhat Undervalued

Price Trend

Strong
Q.1 Is Tankup Engineers Ltd a good quality company?
Tankup Engineers Ltd is a weak quality company, based on a inconsistent 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.

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.

How does Tankup Engineers Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Tankup Engineers Ltd vs industry peers?
Tankup Engineers Ltd revenue CAGR is 143.85%, compared to the industry median CAGR of 12.49%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Tankup Engineers Ltd?
Promoters hold 73.65% of the Tankup Engineers Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Tankup Engineers Ltd over the last decade?
Over the last 1 year(s), the stock has delivered a CAGR of 167.99% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Tankup Engineers Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 4.5%42.7%61.4%21.3%-
Value Creation
Index
-0.72.13.40.5-

Growth Parameters

Sales 1.411.819.420.357
Sales YoY Gr.-743.6%64.4%4.5%-
Adj EPS 0.32.993.99
YoY Gr.-921.4%215%-56.8%-
BVPS (₹) 1.24.113.117.149.5
Adj Net
Profit
0.10.82.51.55
Cash Flow from Ops. -0.6-0.7-0.8-5.8-
Debt/CF from Ops. -2.4-3.9-4.6-1.6-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales NANA143.9%4.5%
Adj EPS NANA140.4%-56.8%
BVPSNANA143%30.7%
Share Price - - - 237.4%

Key Financial Parameters

Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
23.4120.2105.329.627.1
Op. Profit
Mgn %
6.510.917.512.5NAN
Net Profit
Mgn %
3.36.712.87.58.3
Debt to
Equity
7.22.311.4-
Working Cap
Days
01411622700
Cash Conv.
Cycle
054841640

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24Mar'25
Sales1121920
Operating Expenses + 1111618
Manufacturing Costs0123
Material Costs181111
Employee Cost 0113
Other Costs 0112
Operating Profit 0133
Operating Profit Margin (%) 6.5%10.9%17.5%12.4%
Other Income + 0000
Exceptional Items 0000
Interest 0001
Depreciation 0000
Profit Before Tax 0132
Tax 0010
Profit After Tax 0122
PAT Margin (%) 3.3%6.7%12.8%7.5%
Adjusted EPS (₹)0.32.99.03.9
Dividend Payout Ratio (%)0%0%0%0%

Valuation of Tankup Engineers - Standalone

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 0147
Share Capital 0004
Reserves 0133
Debt +1349
Long Term Debt1110
Short Term Debt1239
Minority Interest0000
Trade Payables1324
Others Liabilities 0222
Total Liabilities 291022

Fixed Assets

Net Fixed Assets +1111
Gross Block1111
Accumulated Depreciation0001
CWIP 0000
Investments 0000
Inventories14510
Trade Receivables0336
Cash Equivalents 0000
Others Assets 0114
Total Assets 291022

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + -1-1-1-6
PBT 0132
Adjustment 0011
Changes in Working Capital -1-2-4-8
Tax Paid 0-0-1-0
Cash Flow From Investing Activity + -1-0-0-1
Capex -0-0-0-0
Net Investments 0000
Others -0-00-1
Cash Flow From Financing Activity + 1117
Net Proceeds from Shares 0002
Net Proceeds from Borrowing 00-0-0
Interest Paid -0-0-0-1
Dividend Paid 0000
Others 1116
Net Cash Flow 00-00

Financial Ratio

PARTICULARSMar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)N/A120.39105.4729.74
ROCE (%)N/A42.761.421.26
Asset Turnover Ratio0.62.152.041.27
PAT to CFO Conversion(x)N/A-1-0.5-3
Working Capital Days
Receivable Days63.8053.2059.7083.40
Inventory Days234.2068.4083.50141.20
Payable Days228.2080.6075.9092.60

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Tankup Engineers Ltd FAQs

The current trading price of Tankup Engineers on 01-Jan-1970 05:30 is ₹0.00.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 31-Dec-1969 the market cap of Tankup Engineers stood at ₹505.2 Cr

The latest P/E ratio of Tankup Engineers as of 31-Dec-1969 is 105.8.

The latest P/B ratio of Tankup Engineers as of 31-Dec-1969 is 19.29.

The 52-week high of Tankup Engineers is ₹0.00 and the 52-week low is ₹0.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Tankup Engineers is ₹57.25 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Tankup Engineers Ltd is a below average quality company.

The key valuation ratios of Tankup Engineers Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Tankup Engineers Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

About Tankup Engineers Ltd

Tankup Engineers Limited was originally incorporated as a Private Limited Company under the name ‘Tankup Engineers Private Limited’ on November 03, 2020 under the provisions of the Companies Act, 2013 with the Registrar of Companies, Central. Further, Fresh Certificate of Incorporation dated August 25, 2023 issued by the Registrar of Companies, Kanpur, consequent upon change in the object of the company. Subsequently, the company was converted into a Public Limited Company vide Special Resolution passed by the Shareholders at the Extraordinary General Meeting, held on April 23, 2024 and consequently the name of the company was changed from ‘Tankup Engineers Private Limited’ to ‘Tankup Engineers Limited’ vide a fresh certificate of incorporation dated July 24, 2024, issued by the Assistant Registrar of Companies.

Tankup Engineers is engaged in the business of manufacturing specialised vehicle superstructure for complex mobility and storage solutions of various capacities. This involves manufacturing large containers or tank like solutions used for transporting/ storing various materials, which could include liquids, gases or solids, depending on customer product range. These tanks may be custom-built to meet specific client requirements regarding size, material, capacity, and features. It caters to a broad spectrum of end-use industries like: Petroleum, Mining, Infrastructure, Defence etc. The company’s manufacturing activity involves focus on fabrication of tanks dedicated to delivering mobile solutions that may be deployed for a wide range of commercial use. For example, the company manufactures various types of tanks like: Mobile Refueller, Water Sprinkler, Mobile Service Van, Explosive Van, Tank Truck, Blasting Shelter etc. Its diversified range of product applications has helped it to evolve as manufacturer of special purpose vehicle with superstructures to address complex mobility and storage solutions required by its customers.

The company’s focus on mobile solutions is intended to provide convenient solutions for transporting and dispensing goods like: fuel, water, other consumables in complex applications. These mobile tanks facilitate transportation from a storage facility to a remote site. Its tanks are mainly designed to cater to locations where access to products like: fuel, water, explosives is limited, such as construction sites, mining operations or remote industrial facilities. They serve as a backup during emergencies or in areas prone to power outages or disruptions in supply, ensuring continuity of operations. It manufactures these tanks in various sizes and configurations to suit different needs of customers, from smaller units mounted on trailers or skids to larger capacities for heavy-duty applications.

Business area of the company

The company is engaged in the business of manufacturing specialised vehicle superstructure for complex mobility and storage solutions of various capacities.

Products of the company

  • Refueller
  • Water sprinkler
  • Mobile service van
  • Explosive van
  • Tank truck
  • Blasting shelter
  • Ground support equipment - airport baggage trolley

History and milestones 

  • 2021: Incorporated as a Private Limited Company in the name and style of ‘Tankup Engineers Private Limited’
  • 2022: Recognized as approved fabricator of Tank Trucks/Bouser/Refuller for fabrication by Ministry of Commerce & Industry Petroleum & Explosives Safety Organisation (PESO)
  • 2022: Accredited with ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018 certification
  • 2023: Designed its super structured vehicles to cater the Aviation Sector and Defense Sector
  • 2024: Conversion of the company from Private Limited to Public Limited. As a consequence of such conversion, the name of the company was changed from ‘Tankup Engineers Private Limited’ to ‘Tankup Engineers Limited’.

You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now

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:

×