---
title: "Tankup Engineers Ltd (TANKUP) — Share Price, Financials & Analysis"
symbol: "TANKUP"
company: "Tankup Engineers Ltd"
canonical: "https://tapetide.com/stocks/TANKUP"
isin: "INE0Z7N01017"
nse_symbol: "TANKUP"
sector: "Industrials"
industry: "Industrial Products"
market_cap_cr: 858.69
generated_at: "2026-09-13T19:22:05.596Z"
---

# Tankup Engineers Ltd (TANKUP)

Canonical page: https://tapetide.com/stocks/TANKUP

## Company

- **NSE Symbol:** TANKUP
- **ISIN:** INE0Z7N01017
- **Sector:** Industrials
- **Industry:** Industrial Products
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2025-04-30
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** tankup.co.in

## About

Incorporated in 2020, Tankup Engineers 
Ltd designs and manufactures mobility 
and storage solutions for special-purpose applications[1]

## Latest Price

- **Price:** ₹1649.95
- **Change:** +28.25 (+1.74%)
- **Open:** ₹1649
- **Day High:** ₹1649.95
- **Day Low:** ₹1649
- **Previous Close:** ₹1621.7
- **Volume:** 500
- **As Of:** 2026-09-11T05:44:18+00:00

## Key Fundamentals

Observed at 2026-09-11T04:39:56.217391Z.

- **Market Cap:** ₹858.69 Cr
- **Classification:** SME
- **P/E (reported):** 179.8
- **Book Value:** ₹56.06
- **Price to Book:** 28.93
- **Dividend Yield:** 0%
- **ROE:** 22.89%
- **ROCE:** 34.14%
- **Debt to Equity:** 1.21
- **Revenue (yearly):** ₹57.25 Cr
- **Net Income:** ₹4.75 Cr
- **EBITDA:** ₹7.22 Cr
- **52-Week High:** ₹1639
- **52-Week Low:** ₹390
- **RSI (14):** 82.04

## Tapetide Score

- **Score:** 50 / 100
- **Score date:** 2026-09-04
- **Archetype:** Trend Ahead of Fundamentals
- **What it means:** The price trend is running ahead of what the financials currently support. Moves like this depend on the fundamentals catching up; check what would have to be true for that.
- **Pillar profile:** Quality: Average · Valuation: Expensive · Momentum: Rising
- **Percentile:** 47.7 (of 4473 scored stocks)
- **Confidence:** 86%
- **Data coverage:** 71%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 49.75 | 9% |
| growth | 98.9 | 9% |
| momentum | 98.79 | 12% |
| ownership | 78.71 | 24% |
| quality | 54.93 | 22% |
| valuation | 12.53 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company has a good return on equity (ROE) track record: 3 Years ROE 34.2%

### Weaknesses

- Stock is trading at 29.4 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has high debtors of 246 days.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| cash flow growth | -625% | -778.79% | — |
| ebitda margin growth | -4.74% | -32.56% | 101.13% |
| net income growth | 216.67% | 82% | — |
| revenue growth | 179.27% | 69% | 110.05% |
| roce | -58.48% | -38.94% | 44.83% |
| roe | -67.18% | 54.48% | -67.67% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Sales | 11.45 | 6.75 | 13.55 | 21.66 | 35.6 |
| Expenses | 9.43 | 5.89 | 11.92 | 19.05 | 30.99 |
| Operating Profit | 2.02 | 0.86 | 1.63 | 2.61 | 4.61 |
| OPM % | 17.64 | 12.74 | 12.03 | 12.05 | 12.95 |
| Other Income | 0.09 | 0.09 | 0.09 | 0.52 | 0.24 |
| Interest | 0.2 | 0.22 | 0.37 | 0.56 | 1.32 |
| Depreciation | 0.08 | 0.1 | 0.11 | 0.1 | 0.12 |
| Profit before tax | 1.83 | 0.63 | 1.24 | 2.47 | 3.41 |
| Tax % | 16.39 | 19.05 | 18.55 | 17.81 | 19.35 |
| Net Profit | 1.52 | 0.52 | 1 | 2.04 | 2.74 |
| EPS in Rs | 60.8 | 1.33 | 2.56 | 3.85 | 5.17 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Sales | 1.4 | 11.81 | 19.42 | 20.3 | 57.25 |
| Expenses | 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 |
| Other Income | 0 | 0.04 | 0.12 | 0.17 | 0.76 |
| Interest | 0.02 | 0.19 | 0.35 | 0.62 | 1.88 |
| Depreciation | 0.02 | 0.2 | 0.16 | 0.21 | 0.22 |
| Profit before tax | 0.05 | 0.94 | 3.02 | 1.87 | 5.88 |
| Tax % | 20 | 15.96 | 17.55 | 18.72 | 18.88 |
| Net Profit | 0.05 | 0.79 | 2.48 | 1.52 | 4.78 |
| EPS in Rs | 3.33 | 31.6 | 99.2 | 3.9 | 9.03 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.15 | 0.25 | 0.25 | 3.9 | 5.3 |
| Reserves | 0.05 | 0.86 | 3.34 | 2.76 | 24.39 |
| Borrowings | 1.42 | 2.57 | 3.7 | 9.47 | 36.06 |
| Other Liabilities | 0.7 | 4.99 | 3.14 | 5.4 | 6.79 |
| Total Liabilities | 2.32 | 8.67 | 10.43 | 21.53 | 72.54 |
| Fixed Assets | 0.73 | 0.78 | 0.67 | 0.84 | 2.95 |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 1.59 | 7.89 | 9.76 | 20.69 | 69.59 |
| Total Assets | 2.32 | 8.67 | 10.43 | 21.53 | 72.54 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -0.6 | -0.66 | -0.8 | -5.8 | -34.36 |
| Cash from Investing Activity | -0.54 | -0.3 | -0.05 | -0.91 | -1.39 |
| Cash from Financing Activity | 1.22 | 1.1 | 0.7 | 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

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Debtor Days | 62.57 | 98.9 | 59.2 | 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 | 90.8 | 123.62 |
| ROCE % | — | 42.64 | 61.44 | 21.26 | 18.95 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2025 | Mar 2026 |
| --- | --- | --- |
| Promoters | 73.65% | 73.65% |
| FIIs | 0% | 0.19% |
| DIIs | 0% | 7.29% |
| Government | 0% | 0% |
| Public | 13.3% | 13.66% |
| Others | 13.05% | 5.19% |
| No. of Shareholders | 215 | 286 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 13 / 3 / 3

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 1570.3 | Buy |
| EMA (10) | 1551.74 | Buy |
| SMA (20) | 1422.04 | Buy |
| EMA (20) | 1452.78 | Buy |
| SMA (50) | 1225.5 | Buy |
| EMA (50) | 1255.14 | Buy |
| SMA (100) | 954.97 | Buy |
| EMA (100) | 1056.59 | Buy |
| SMA (200) | 790.55 | Buy |
| EMA (200) | 836.77 | Buy |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 83.28 | Sell |
| MACD (12,26,9) | 125.22 | Buy |
| Stochastic (14,3,3) | 94.84 | Sell |
| ADX (14) | 63.16 | Buy |
| Williams %R (14) | 0 | Sell |
| ATR (14) | 42.09 | Neutral |
| ROC (12) | 28.9 | Buy |
| Stoch RSI (14) | 69.5 | Neutral |
| UO (7,14,28) | 67.75 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 8 April 2026 - Submitted Regulation 74(5) certificate for quarter ended March 31, 2026; all shares remain in demat form. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 8 April 2026 - Submitted Regulation 74(5) certificate for quarter ended March 31, 2026; all shares remain in demat form.](https://nsearchives.nseindia.com/corporate/TANKUP_08042026122444_Certificate_under_Regulation_74_5__March_2026.pdf) |
| 6 Sep - Tankup Engineers will hold its 6th AGM on 29 September 2026; FY2025-26 annual report link shared. | [Updates 6 Sep - Tankup Engineers will hold its 6th AGM on 29 September 2026; FY2025-26 annual report link shared.](https://nsearchives.nseindia.com/corporate/TANKUP_06092026163113_Weblink_Notice_Physical_FY_25-26_.pdf) |
| 5 Sep - Tankup Engineers submits FY2025-26 annual report and AGM notice for September 29, 2026. | [Shareholders meeting 5 Sep - Tankup Engineers submits FY2025-26 annual report and AGM notice for September 29, 2026.](https://nsearchives.nseindia.com/corporate/TANKUP_05092026203026_Intimation_of_AGM_25-26.pdf) |
| 5 Sep - Published newspaper advertisement for 6th AGM notice and e-voting information. | [Copy of Newspaper Publication 5 Sep - Published newspaper advertisement for 6th AGM notice and e-voting information.](https://nsearchives.nseindia.com/corporate/TANKUP_05092026204400_Tankup_Newspaper_25-26_.pdf) |
| 5 Sep - Board reappointed Secretarial Auditor and CFO as Internal Auditor for FY 2026-27 on September 5, 2026. | [Outcome of Board Meeting 5 Sep - Board reappointed Secretarial Auditor and CFO as Internal Auditor for FY 2026-27 on September 5, 2026.](https://nsearchives.nseindia.com/corporate/TANKUP_05092026185007_Outcome_of_BM_05092026_.pdf) |
| 30 May - Tankup Engineers submits SDD compliance certificate for FY ended 31 March 2026. | [Structural Digital Database 30 May - Tankup Engineers submits SDD compliance certificate for FY ended 31 March 2026.](https://nsearchives.nseindia.com/corporate/TANKUP_30052026172052_SDD_Compliance_Certificate_March_2026_.pdf) |
| 29 May 2026 - Tankup Engineers posted FY26 audited results; Rajneesh Gupta resigned as Independent Director on May 29, 2026. | [Outcome of Board Meeting 29 May 2026 - Tankup Engineers posted FY26 audited results; Rajneesh Gupta resigned as Independent Director on May 29, 2026.](https://nsearchives.nseindia.com/corporate/TANKUP_29052026203639_Outcome_of_Board_Meeting_29_May_2026_.pdf) |
| 29 May 2026 - Tankup Engineers Limited has informed about Resignation of Director/KMP/SMP | [Resignation of Director/KMP/SMP 29 May 2026 - Tankup Engineers Limited has informed about Resignation of Director/KMP/SMP](https://nsearchives.nseindia.com/corporate/TANKUP_ROID_89098_KMP_Doc.zip) |
| 29 May - Mr. Rajneesh Gupta resigned as Independent Director effective May 29, 2026, citing tenure completion. | [Cessation 29 May - Mr. Rajneesh Gupta resigned as Independent Director effective May 29, 2026, citing tenure completion.](https://nsearchives.nseindia.com/corporate/TANKUP_29052026211130_Intimation_of_Resignation_of_ID_.pdf) |
| 27 May 2026 - Tankup Engineers Limited has informed about the completion of Acquisition of 100% Equity Shares of Titan Asia Private Limited. | [Acquisition 27 May 2026 - Tankup Engineers Limited has informed about the completion of Acquisition of 100% Equity Shares of Titan Asia Private Limited.](https://nsearchives.nseindia.com/corporate/TANKUP_27052026200819_Tankup_Regulation_30_Titan_Asia_Acquisition.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_28647_TANKUP_2024_2025_A_18700185_05092025191106.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:22:05.596Z.