The Anup Engineering share price today

The Anup Engineering Ltd's share price was ₹1,386.20 at the close on 4 November 2026. It has been falling for 10 weeks. That is 26.9% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹1,312 and ₹2,449, and at that close it sat 7% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today The Anup Engineering Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 14 weeks running.

Over the last 7.7 years the share price moved +404% while the NIFTY 500 moved +132%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 31 July 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: indian funds and insurers (DIIs) raised their stake for 10 quarters in a row, lowest operating margin in 15 quarters and foreign funds (FIIs) cut their stake for 3 quarters in a row.

1. Indian funds and insurers (DIIs) raised their stake for 10 quarters in a row

   From 10.7% to 16.9% of the company by the September 2026 quarter.

2. Lowest operating margin in 15 quarters

   Operating margin was 7.6% in the June 2026 quarter, against 23% a year earlier.

   Why: The company booked much less sales in the quarter because project milestones with customers came late. Its fixed costs stayed, so they took a bigger bite out of the smaller sales.

   Next results: check whether the delayed project milestones turn into sales in the September quarter.

   From the earnings call on 6 Aug 2026.

3. Foreign funds (FIIs) cut their stake for 3 quarters in a row

   From 4% to 2.8% of the company by the September 2026 quarter.

For April to June 2026 (the quarter ended 30 June 2026), The Anup Engineering reported revenue of ₹125 crore, down 28.5% from ₹175 crore a year earlier, and a profit of ₹0.57 crore, down 97.8% from ₹26.3 crore.

The Anup Engineering results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

The Anup Engineering's management discussed these results on a call held on 6 August 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

The Anup Engineering closed at ₹1,386.20 on 4 November 2026, down 40.1% from ₹2,313.30 a year earlier (7 November 2025) and up 163.2% over five years. Its highest weekly close since March 2019 was ₹3,728.50 on 13 December 2024.

The Anup Engineering share price: then and now

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

406 weekly closes from 8 March 2019 to 4 November 2026.

4 Nov 2026: The Anup Engineering closed at ₹1,386.20, up 5.6% on the week and down 11.3% on the month. 14 Aug 2026: ex-date for a dividend of ₹12 a share.

Earlier

• 6 Aug 2026: The Anup Engineering held its results call for April to June 2026. Management guided: FY27 consolidated revenue growth of 5-10%.
• Results for April to June 2026: Revenue down 28.5% and profit down 97.8% on a year earlier.
• 23 Apr 2024: Bonus issue: 1 new share for every 1 held (ex-date).

The Anup Engineering paid ₹12 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.87% at the ₹1,386.20 close on 4 November 2026. The last was a dividend of ₹12 a share, ex-date 14 August 2026.

The Anup Engineering dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here.

Yes. The Anup Engineering Ltd paid out 22% of its profit as dividends in FY26, and it paid a dividend in each of its last 6 reported years.

From the NSE corporate-actions record, read 5 November 2026.

On the call for April to June 2026, held on 6 August 2026, The Anup Engineering's management guided: FY27 consolidated revenue growth of 5-10%.

“After analyzing the current situation, we wish to provide guidance for the year of consolidated revenue growth of 5-10% and EBITDA of about 15%.”Reginaldo D'Souza, on the call for April to June 2026

What management guided

• FY27 operating profit of about 15%, with scope to improve as execution progresses.
• Order intake of ₹200-250 crore per quarter in coming quarters.
• Technical-services business volume of about ₹25 crore this year, ₹100 crore next year and ₹200 crore in the third year.
• Technical-services margins above 30%.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 6 August 2026.

When The Anup Engineering reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: Delayed milestones to convert into Q2 revenue recognition - check whether execution begins the planned progression.

The Anup Engineering is on one of our India lists: 52 week high & low.

The Anup Engineering Ltd earned ₹0.6 Cr of net profit in the Jun 2026 quarter, −97.8% on the same quarter a year earlier. Full-year FY26 profit was ₹110 Cr. Over 6 years profit has grown 16.9% a year on average. That is 0.5% of the quarter's revenue. The same quarter a year earlier earned ₹26.3 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹110 Cr (−6.8% on the year before).

Why profit moved: revenue changed −28.5% on a year earlier and the margin moved −15.5 percentage points. Sales did the work while the margin got thinner.

On average over the last four quarters, profit changed −32.7% and revenue +1.5%. Profit is growing slower than sales: rising costs are taking part of the growth.

The Anup Engineering Ltd reported ₹125 Cr of revenue in the Jun 2026 quarter, −28.5% on the same quarter a year earlier. Over 6 years it has grown 22.4% a year on average. The last full year, FY26, came in at ₹822 Cr. The last four reported quarters add to ₹772 Cr.

Revenue is everything the company billed its customers in the period.

FY26 revenue was ₹822 Cr, +12.1% on the year before.

Recent pace: the last four quarters grew +1.5% on average, against 22.4% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +1.4%, against +17.9% a year over the last 8 quarters (rolling over); profit over the last 12 months grew −29.7%, against +0.5% a year (rolling over).

The Anup Engineering Ltd's operating margin was 7.6% in the Jun 2026 quarter, 15.5 percentage points lower than the same quarter a year ago. Across 6 years it has been between 20.0% and 28.0%. The latest quarter is below every full year in that period.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −15.5 percentage points on the year while gross margin changed −1.6 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

Over the last 3 years, 9% of The Anup Engineering Ltd's reported profit came in as cash from its operations, a gap worth watching. In FY26 it brought in ₹2.0 Cr of operating cash against ₹110 Cr of profit. After ₹55.0 Cr of spending on assets, free cash was −₹53.0 Cr: it spent more than its operations brought in.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 9% of profit came in as cash: the cash cycle got 171 days shorter between FY20 and FY26, so cash that used to wait in the business now arrives sooner. When less than 70% of profit comes in as cash, it is the thing to watch on this page.

What to look at next: the bigger use of cash is spending on new assets, at 3.2× depreciation over three years. The next section checks what that spending is building.

The Anup Engineering Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 199 days in FY26, down from 370 days in FY20. It spent ₹170 Cr on assets over the last 3 years. Customers take 185 days to pay, and stock sits for 94 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹822 Cr, each day of that cycle ties up about ₹2.3 Cr, so roughly ₹448 Cr is tied up in the business at any time.

FY26: customers took 185 days to pay and stock sat for 94 days, about 3.1 months of sales sitting as stock, for a full cycle of 199 days, shorter than FY20's 370.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 94 days. Customers pay about 185 days after that. Suppliers are paid at 79 days. Together that makes the 199-day cycle.

Spending on assets: ₹170 Cr over the last 3 years, against ₹53.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹2.0 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

The Anup Engineering Ltd's P/E is 32.3×, in the middle of its own history: higher than 52% of past readings. Its usual P/E (the middle reading) is 30.9×, over 6.3 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Jun 2026 add up to ₹42.27.

Why the multiple is where it is: over the past year earnings per share moved −6.7% while the price moved −40.1%. Earnings did better than the price, which pulled the multiple down within its own range.

Where the price move came from: over 5 years the price moved +21.4% a year; about +7.1% a year came from earnings growth and about +14.3 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple.

In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple.

The Anup Engineering Ltd's business is getting worse. Profit and EPS growth are shrinking: profit growth is −29.7% in the latest quarter, against +88.6% at its best in 12 quarters, with ROCE falling at 16.6%. This is based on 12 quarters of 4 measures.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Why it matters: falling lines mean any ratio below that looks low should be read with that direction in mind.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the share price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

The Anup Engineering Ltd earned a ROCE of 21% in FY26. That is up from a low of 17% in FY22. Its return on capital used (ROIC) is 0.5 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses.

Return on capital employed (ROCE) is the profit the whole business earns on all the money in it, from shareholders and lenders together. It is the best single test of whether growth adds value or just size.

It comes from a 13.4% net margin and 0.85× asset turnover (sales divided by assets).

Why the return is what it is (FY26): a 13.4% net margin × 0.85× asset turnover × 1.41× leverage (assets divided by equity) ≈ 16.1% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed.

The key test, return on capital used minus the cost of capital: 11.5% − 12.0% = −0.5 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve.

The 11.5% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 16.3%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method.

The Anup Engineering Ltd has total debt of ₹122 Cr against shareholder equity of ₹691 Cr as of Jun 2026, so its debt is 0.18× its equity, which is very little. Year by year, that ratio went from 0.08 in FY23 to 0.18 in FY26. So the returns on this page come from the business, not from borrowed money.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

Domestic institutions raised their stake in The Anup Engineering Ltd by 3.4 percentage points over 8 quarters, the biggest change among its owners. Domestic institutions now own 16.9% of the company. Foreign institutions moved +1.2 points over the same period, to 2.8%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings.

Who owns the company each quarter: promoters (the founders or controlling owners), foreign institutions, domestic institutions such as mutual funds, and the public. When people close to the business steadily raise their stake, that is worth noticing; a quiet list is also an answer.

Over the last two years: Domestic institutions: +3.4 points over 8 quarters, to 16.9%; Foreign institutions: +1.2 points over 8 quarters, to 2.8%; Promoters: −0.1 points over 8 quarters, to 40.9%.

Why the owners changed: domestic institutions drove it (+3.4 points), together with foreign institutions (+1.2 points). They raised their stake step by step.

For The Anup Engineering Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

38.7 out of 100, rank 12 of 16 in Capital Goods - Engineering Heavy, with 89% of the evidence available.

The Anup Engineering Ltd scores 38.7 out of 100 against the 16 companies it is compared with in Capital Goods - Engineering Heavy, ranking 12. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.

The four parts add up to the total exactly: 6.9 + 18.9 + 11.8 + 1.1 = 38.7. This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.

The Anup Engineering ranks 12 of 16 Capital Goods - Engineering Heavy companies on the 4-Factor Sector Score, with 38.7 out of 100.