# The Anup Engineering share price today (The Anup Engineering Ltd, NSE: ANUP)

> The Anup Engineering share price today: ₹1,360.50 at the NSE close on 3 November 2026, down 40.9% in a year. The Anup Engineering (NSE: ANUP) is worth ₹2,725 crore, trades at a P/E of 31.7 and has closed between ₹1,312.25 and ₹2,449.05 over the past 52 weeks. > The Anup Engineering Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. ANUP · Capital Goods - Engineering Heavy · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/the-anup-engineering-ltd

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## Key numbers

- Business trend: Getting worse, from the last 12 quarters
- Price: ₹1,360.50 (−40.9% in a year)
- P/E: 31.7× (higher than 51% of the last 6.3 years)
- Revenue (Jun 2026): ₹125 Cr (−28.5% on a year ago)
- Profit (Jun 2026): ₹0.6 Cr (−97.8% on a year ago)
- Operating margin: 7.6% (−15.5 points on a year ago)
- ROCE: 21%, FY26
- ROIC: 11.5%, against a 12.0% cost of capital: −0.5 points

The main question: yearly earnings per share moved −6.7% while the share price moved −40.9%. ## What is the The Anup Engineering share price today? The Anup Engineering Ltd's share price was ₹1,360.50 at the close on 3 November 2026. It has been falling for 10 weeks. That is 28.3% 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 4% of the way up from that low. 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 +395% 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. ## What changed at The Anup Engineering this quarter? 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. ## What are The Anup Engineering's latest quarterly results? 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

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹125 crore | ₹175 crore | −28.5% |
| Profit | ₹0.57 crore | ₹26.3 crore | −97.8% |
| Earnings per share | ₹0.28 | ₹13.11 | −97.9% |
| Operating margin | 7.6% | 23.0% | −15.5 points |

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.)

## What is the The Anup Engineering share price history? The Anup Engineering closed at ₹1,360.50 on 3 November 2026, down 40.9% from ₹2,301.15 a year earlier (31 October 2025) and up 158.3% 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

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹1,336.15 | +1.8% |
| 1 month ago · 1 Oct 2026 | ₹1,562.05 | −12.9% |
| 6 months ago · 30 Apr 2026 | ₹2,058.20 | −33.9% |
| 1 year ago · 31 Oct 2025 | ₹2,301.15 | −40.9% |
| 3 years ago · 3 Nov 2023 | ₹1,239.35 | +9.8% |
| 5 years ago · 4 Nov 2021 | ₹526.65 | +158.3% |
| Earliest weekly close in our records · 8 Mar 2019 | ₹274.83 | +395.0% |
| Highest weekly close since March 2019 · 13 Dec 2024 | ₹3,728.50 | −63.5% |
| Lowest weekly close since March 2019 · 22 May 2020 | ₹132.53 | +926.6% |
| 52-week high (weekly close) · 14 Nov 2025 | ₹2,449.05 | −44.4% |
| 52-week low (weekly close) · 30 Oct 2026 | ₹1,312.25 | +3.7% |

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 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (406 weekly closes from 8 March 2019 to 3 November 2026.)

## What is the latest news on The Anup Engineering? 3 Nov 2026: The Anup Engineering closed at ₹1,360.50, up 1.8% on the week and down 12.9% 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). ## What dividend does The Anup Engineering pay? The Anup Engineering paid ₹12 a share in regular dividends in the 12 months to 4 November 2026 (1 payment), a yield of 0.88% at the ₹1,360.50 close on 3 November 2026. The last was a dividend of ₹12 a share, ex-date 14 August 2026. ### The Anup Engineering dividends since 1 April 2021

| Ex-date | Dividend per share | Type |
| --- | --- | --- |
| 14 Aug 2026 | ₹12 | Dividend |
| 6 Aug 2025 | ₹17 | Dividend |
| 26 Jul 2024 | ₹20 | Dividend + Special |
| 21 Jul 2023 | ₹15 | Dividend |
| 29 Jul 2022 | ₹8 | Dividend |
| 9 Aug 2021 | ₹7 | Dividend |

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. 5 of 5 Of the last 5 financial years, years with an NSE dividend record

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 4 November 2026.)

## What did The Anup Engineering management say on the latest results call? 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](https://files.tijoristack.ai/concall/transcript/35680-06-Aug-2026.pdf). (From the call for April to June 2026, 6 August 2026.)

## What to watch in The Anup Engineering's next results? 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. - What to check (from the call)
- Delayed milestones to convert into Q2 revenue recognition - check whether execution begins the planned progression. - Q3/Q4 delivery concentration to support the annual earnings framework - check whether longer-cycle projects reach contractual milestones. - Order intake to sustain the stated quarterly run-rate and convert thermal, proprietary and air-cooled heat-exchanger bookings into execution. - Cash-positive position and finance-cost reduction to be confirmed next quarter - check whether balance-sheet improvement persists. ## Which stock lists is The Anup Engineering on? The Anup Engineering is on one of our India lists: 52 week high & low. [52 week high & low 52-week position: At 52-week low](https://www.sectoralpha.in/52-week-high-stocks-india)

## Is The Anup Engineering profitable? 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. 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. ## How much revenue does The Anup Engineering make, and is it growing? 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. 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). ## How much of every ₹100 of sales does The Anup Engineering keep? 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. 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. ## Is The Anup Engineering's profit turning into cash? 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. 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. ## Where does The Anup Engineering's cash go? 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. 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. ## What is The Anup Engineering's P/E ratio, and how does it compare with its own history? The Anup Engineering Ltd's P/E is 31.7×, in the middle of its own history: higher than 51% 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. 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 −40.9%. 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 +20.9% a year; about +7.1% a year came from earnings growth and about +13.8 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. ## Is the The Anup Engineering business getting better or worse? 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. Why it matters: falling lines mean any ratio below that looks low should be read with that direction in mind. ## How much does The Anup Engineering earn on its capital? 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. 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. ## Does The Anup Engineering have too much debt? 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. ## What is the The Anup Engineering shareholding pattern? 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. 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. ## How far is The Anup Engineering from balance-sheet trouble? 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. ## How does The Anup Engineering rank in its industry? 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. ## Which companies is The Anup Engineering compared with? The Anup Engineering ranks 12 of 16 Capital Goods - Engineering Heavy companies on the 4-Factor Sector Score, with 38.7 out of 100. 1. [JNK India Ltd](https://www.sectoralpha.in/stocks/jnk-india-ltd) JNKINDIA · quiet · Most evidence points up · 79% evidence 69.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 30.8/35 · Revenue 84.4% · Profit 100% · Operating margin change 5.5 points · 88% evidence Capital efficiency 14.8/25 · ROCE 17.4% · Operating margin 8.8% · 100% evidence Valuation 10.7/20 · P/E 28× · PEG n/a · 15% evidence Relative strength 13.6/20 · Lead over its industry 14.8% · Lead over NIFTY 500 15.5% · 1 year 28.7% · 100% evidence · 3 of 12 weeks ahead Exact sum: 30.8 + 14.8 + 10.7 + 13.6 = 69.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Bharat Heavy Electricals Ltd](https://www.sectoralpha.in/stocks/bharat-heavy-electricals-ltd) BHEL · losing its lead · Evidence leans up · 75% evidence 62.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.9/35 · Revenue 29.1% · Profit 100% · Operating margin change 3 points · 95% evidence Capital efficiency 9.0/25 · ROCE 9.1% · Operating margin 11% · 76% evidence Valuation 9.7/20 · P/E 46.9× · PEG n/a · 15% evidence Relative strength 15.8/20 · Lead over its industry 16.2% · Lead over NIFTY 500 18% · 1 year 46% · 100% evidence · 7 of 12 weeks ahead Exact sum: 27.9 + 9 + 9.7 + 15.8 = 62.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Disa India Ltd](https://www.sectoralpha.in/stocks/disa-india-ltd) DISAQ · quiet · Evidence leans up · 81% evidence 59.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.9/35 · Revenue 3.8% · Profit 6.3% · Operating margin change -1 points · 88% evidence Capital efficiency 21.2/25 · ROCE 26.6% · Operating margin 14% · 100% evidence Valuation 11.6/20 · P/E 30.4× · PEG 1.9 · 100% evidence Relative strength 9.6/20 · Lead over its industry n/a · Lead over NIFTY 500 -2.5% · 1 year -18.3% · 25% evidence · 1 of 12 weeks ahead Exact sum: 16.9 + 21.2 + 11.6 + 9.6 = 59.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. Concord Control Systems Ltd turning · Too little evidence to rank firmly · 57% evidence 58.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.6/35 · Revenue 100% · Profit 100% · Operating margin change 10 points · 27% evidence Capital efficiency 17.4/25 · ROCE 31.2% · Operating margin 30% · 71% evidence Valuation 9.0/20 · P/E 58.4× · PEG n/a · 50% evidence Relative strength 12.6/20 · Lead over its industry -1.8% · Lead over NIFTY 500 1.6% · 1 year 22.7% · 100% evidence · 1 of 12 weeks ahead Exact sum: 19.6 + 17.4 + 9 + 12.6 = 58.6 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 5. [Eimco Elecon (India) Ltd](https://www.sectoralpha.in/stocks/eimco-elecon-indialtd) EIMCOELECO · leader · Evidence leans up · 85% evidence 57.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.9/35 · Revenue 25.3% · Profit 2.9% · Operating margin change 3.2 points · 100% evidence Capital efficiency 11.5/25 · ROCE 10.3% · Operating margin 18.9% · 100% evidence Valuation 11.2/20 · P/E 29.3× · PEG 1.12 · 100% evidence Relative strength 12.3/20 · Lead over its industry n/a · Lead over NIFTY 500 26.2% · 1 year 14.4% · 25% evidence · 12 of 12 weeks ahead Exact sum: 22.9 + 11.5 + 11.2 + 12.3 = 57.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Suzlon Energy Ltd](https://www.sectoralpha.in/stocks/suzlon-energy-ltd) SUZLON · basing · Evidence leans up · 100% evidence 56.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 13.4/35 · Revenue 33.9% · Profit -28.8% · Operating margin change -4 points · 100% evidence Capital efficiency 20.5/25 · ROCE 34.2% · Operating margin 15% · 100% evidence Valuation 19.0/20 · P/E 20.5× · PEG 0.36 · 100% evidence Relative strength 3.8/20 · Lead over its industry -29.6% · Lead over NIFTY 500 -27% · 1 year -42.9% · 100% evidence · 0 of 12 weeks ahead Exact sum: 13.4 + 20.5 + 19 + 3.8 = 56.7 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 7. [Hercules Investments Ltd](https://www.sectoralpha.in/stocks/hercules-investments-ltd) HERCULES · Evidence leans up · 65% evidence 51.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.2/43.75 · Revenue -80% · Profit -74.3% · Operating margin change -0.4 points · 56% evidence Capital efficiency 10.9/31.25 · ROCE 5.7% · Operating margin 48.7% · 100% evidence Valuation 22.1/25 · P/E 8.6× · PEG 0.28 · 100% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 18.2 + 10.9 + 22.1 = 51.2 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: There is no relative-strength reading for this week, so the score is built from earnings, capital efficiency and valuation alone. 8. [Integra Engineering India Ltd](https://www.sectoralpha.in/stocks/integra-engineering-india-ltd) basing · Evidence leans down · 76% evidence 48.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 10.4/35 · Revenue 1.7% · Profit -16.6% · Operating margin change -3.5 points · 83% evidence Capital efficiency 18.2/25 · ROCE 18.5% · Operating margin 16.4% · 95% evidence Valuation 9.9/20 · P/E 34.1× · PEG n/a · 15% evidence Relative strength 9.7/20 · Lead over its industry -16.3% · Lead over NIFTY 500 -13.7% · 1 year -38.4% · 100% evidence · 0 of 12 weeks ahead Exact sum: 10.4 + 18.2 + 9.9 + 9.7 = 48.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 9. [John Cockerill India Ltd](https://www.sectoralpha.in/stocks/john-cockerill-india-ltd) COCKERILL · quiet · Evidence leans down · 74% evidence 46.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.0/35 · Revenue 78.6% · Profit 100% · Operating margin change -4.6 points · 88% evidence Capital efficiency 8.8/25 · ROCE 11.1% · Operating margin -2.3% · 100% evidence Valuation 3.9/20 · P/E 155× · PEG 9.45 · 65% evidence Relative strength 11.6/20 · Lead over its industry n/a · Lead over NIFTY 500 7.1% · 1 year 28% · 25% evidence · 3 of 12 weeks ahead Exact sum: 22 + 8.8 + 3.9 + 11.6 = 46.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 10. [Walchandnagar Industries Ltd](https://www.sectoralpha.in/stocks/walchandnagar-industries-ltd) WALCHANNAG · quiet · Evidence leans down · 71% evidence 45.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.2/35 · Revenue 38% · Profit 96.7% · Operating margin change 12.9 points · 65% evidence Capital efficiency 5.4/25 · ROCE 4.2% · Operating margin 8.1% · 100% evidence Valuation 9.1/20 · P/E 114.5× · PEG n/a · 15% evidence Relative strength 5.3/20 · Lead over its industry -8.4% · Lead over NIFTY 500 -6.5% · 1 year 1.5% · 100% evidence · 0 of 12 weeks ahead Exact sum: 25.2 + 5.4 + 9.1 + 5.3 = 45 · What this means: Earnings are strong; relative strength in its sector is -8.4% and the one-year return is 1.5%. 11. [Inox Wind Ltd](https://www.sectoralpha.in/stocks/inox-wind-ltd) INOXWIND · quiet · Evidence leans down · 89% evidence 38.7 out of 100 Growth Capital Valuation Relative
12. The Anup Engineering Ltd this page ANUP · quiet · Evidence leans down · 89% evidence 38.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 6.9/35 · Revenue 1.4% · Profit -29.7% · Operating margin change -15.5 points · 88% evidence Capital efficiency 18.9/25 · ROCE 21% · Operating margin 7.6% · 100% evidence Valuation 11.8/20 · P/E 30.6× · PEG 1.21 · 65% evidence Relative strength 1.1/20 · Lead over its industry -30.9% · Lead over NIFTY 500 -28.2% · 1 year -43% · 100% evidence · 0 of 12 weeks ahead Exact sum: 6.9 + 18.9 + 11.8 + 1.1 = 38.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 13. [Windsor Machines Ltd](https://www.sectoralpha.in/stocks/windsor-machines-ltd) WINDMACHIN · turning · Too little evidence to rank firmly · 56% evidence 37.5 out of 100 Growth Capital Valuation Relative
14. [Kabra Extrusion Technik Ltd](https://www.sectoralpha.in/stocks/kabra-extrusion-technik-ltd) KABRAEXTRU · leader · Evidence leans down · 78% evidence 37.0 out of 100 Growth Capital Valuation Relative
15. [Bajaj Steel Industries Ltd](https://www.sectoralpha.in/stocks/bajaj-steel-industries-ltd) BAJAJST · quiet · Most evidence points down · 81% evidence 29.7 out of 100 Growth Capital Valuation Relative
16. [Praj Industries Ltd](https://www.sectoralpha.in/stocks/praj-industries-ltd) PRAJIND · quiet · Most evidence points down · 85% evidence 25.8 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Capital Goods - Engineering Heavy](https://www.sectoralpha.in/sectors/capital-goods-engineering-heavy), all 16 compared on one page. ## Which companies are close to The Anup Engineering in size? The Anup Engineering is the 7th largest of 16 Capital Goods - Engineering Heavy companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Praj Industries, John Cockerill India and Windsor Machines. Just below it: Concord Control Systems, Kabra Extrusion Technik and JNK India. ### Capital Goods - Engineering Heavy companies close in size

1. [Praj Industries Ltd](https://www.sectoralpha.in/stocks/praj-industries-ltd) ₹4,443 crore
2. [John Cockerill India Ltd](https://www.sectoralpha.in/stocks/john-cockerill-india-ltd) ₹3,284 crore
3. [Windsor Machines Ltd](https://www.sectoralpha.in/stocks/windsor-machines-ltd) ₹2,762 crore
4. The Anup Engineering Ltd ₹2,630 crore
5. [Concord Control Systems Ltd](https://www.sectoralpha.in/stocks/concord-control-systems-ltd) ₹2,489 crore
6. [Kabra Extrusion Technik Ltd](https://www.sectoralpha.in/stocks/kabra-extrusion-technik-ltd) ₹2,431 crore
7. [JNK India Ltd](https://www.sectoralpha.in/stocks/jnk-india-ltd) ₹2,106 crore

[All 16 Capital Goods - Engineering Heavy companies, largest first](https://www.sectoralpha.in/sectors/capital-goods-engineering-heavy#all-companies)

### Companies close in size in other industries

1. [Vaibhav Global Ltd](https://www.sectoralpha.in/stocks/vaibhav-global-ltd) ₹2,633 crore · Diamond, Gems & Jewellery
2. [Mufin Green Finance Ltd](https://www.sectoralpha.in/stocks/mufin-green-finance-ltd) ₹2,632 crore · Finance & Investments - Others
3. The Anup Engineering Ltd ₹2,630 crore
4. [Kernex Microsystems (India) Ltd](https://www.sectoralpha.in/stocks/kernex-microsystems-indialtd) ₹2,627 crore · Railways - Kavach/Springs
5. [Stove Kraft Ltd](https://www.sectoralpha.in/stocks/stove-kraft-ltd) ₹2,626 crore · Domestic Appliances

## What else do people ask about The Anup Engineering? ### What is The Anup Engineering's share price today? The Anup Engineering Ltd's share price is ₹1,360.50, −40.9% over the past year. The whole company is worth ₹2,725 Cr on the market. In the last 52 weeks it traded between ₹1,312 to ₹2,449; today it is 4% of the way up from the low, 28.3% below its 200-day average (as of 3 November 2026). ### What were The Anup Engineering's latest quarterly results? The Anup Engineering Ltd reported revenue of ₹125 Cr and net profit of ₹0.6 Cr for the Jun 2026 quarter. Revenue fell 28.5% and profit fell 97.8% compared with a year earlier. Earnings per share were ₹0.28. The operating margin was 7.6%, 15.5 percentage points lower than a year earlier (as of 3 November 2026). ### What is The Anup Engineering's market cap? The Anup Engineering Ltd's market capitalisation is ₹2,725 Cr at a share price of ₹1,360.50. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is The Anup Engineering performing? The Anup Engineering Ltd's share price has been falling for 10 weeks. In its latest quarter, revenue fell 28.5% and profit fell 97.8% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 14 weeks running (as of 3 November 2026). ### Will The Anup Engineering's share price go up? This page does not forecast The Anup Engineering Ltd's share price. What it shows instead: the share price is ₹1,360.50, and it has been falling for 10 weeks. Its P/E of 31.7× is higher than 51% of its own last 6 years (as of 3 November 2026). ### Who owns The Anup Engineering? Promoters own 40.9% of The Anup Engineering Ltd, foreign institutions 2.8%, domestic institutions 16.9% and the public 39.4% (latest quarter). The biggest change over the last two years: Domestic institutions raised their stake by 3.4 percentage points over 8 quarters (as of 3 November 2026). ### Does The Anup Engineering have too much debt? No, The Anup Engineering Ltd has little debt: its debt is 0.16× its equity, and its operating profit is 16 times its interest bill. FY26 borrowings were ₹110 Cr against equity of ₹691 Cr. So the returns on this page come from the business, not borrowed money (as of 3 November 2026). ### Where is The Anup Engineering in its business cycle? The Anup Engineering Ltd's FY26 operating margin was 21.0%, against a 6-year range of 20.0% to 28.0%: the low end of its own range, which is often where recoveries start. The latest quarter was 7.6%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the The Anup Engineering story? The main question: yearly earnings per share moved −6.7% while the share price moved −40.9%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is The Anup Engineering a stock worth studying right now? What the numbers show: The Anup Engineering Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a The Anup Engineering share price forecast for 2026? What management itself guided: FY27 consolidated revenue growth of 5-10%. ## Lists

- 52 week high & low: https://www.sectoralpha.in/52-week-high-stocks-india

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