Annual reportSep 2026
Sep 2026 · Updates 6 Sep - Tankup Engineers will hold its 6th AGM on 29 September 2026; FY2025-26 annual report link shared.
Source: Nse
Tankup Engineers Ltd. (TANKUP)
SME CapIndustrials stocks · SME cap · NSE
Tankup Engineers Ltd. operates in Storage Tanks, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 21 Oct, 03:31 pm ISTDetails
Quote21 Oct, 03:31 pm IST
Base fundamentals11 Oct 2026 · screener
Latest result01 Jun, 07:59 pm IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags24 Apr 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Industrials P/E 26.2 (n=537)
Technical timing lens
Trend score and candlestick chart
65Bullishfull bull SMA stack · SMA20 +18.7% / mo · MACD − · near 52W high
Stock trend: 78
Sector RS: 46
Sector 3M: -7.1% vs Nifty 500 -5.6%
Industrials FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
TANKUPD candles · FIT view+192.2%Latest close ₹1753.15 on 2026-10-21
Bar
+0.2%
RSI
60
MACD hist
-9.11
52W pos
95%
2026-10-21O ₹1750.00H ₹1820.00L ₹1730.90C ₹1753.15Vol 2,000 sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
TANKUPNifty India ManufacturingNifty 500
- TANKUP
- +52.9%
- Nifty 500
- -6.5%
- Nifty India Manufacturing
- -7.7%
- Vs Nifty 500
- +59.4 pp
Chart stats
21 Oct 2026- From 52W high
- -3.9%
- 52W range position
- 95%
- ATR (14)
- 2.6%
- Volume vs 20D
- 0.46x
- Avg traded value
- ₹0.8 Cr
- 20D price channel
- ₹1,560 - ₹1,824.2
₹1,824.2
₹300.1 - ₹1,824.2
₹45.9
Latest completed session
20-session average
32.4% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, while price trend supports entry. This looks more like momentum/speculation than a clean fundamental investment setup.
Weak U-Score but strong trend: momentum may be ahead of fundamentals.
Suggested next step
Momentum only
Trend is strong but fundamentals do not support a clean investment thesis.
U-Score
Legacy · WATCHLIST39
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Excellent95
Revenue +210.9% · PAT +80.3% YoY
Technical
Bullish65
Price trend and sector-relative-strength timing.
Valuation
Legacy model-394.0%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence58
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 31 Mar 2026
Excellent · 95/100Rev +211% YoY · PAT +80% YoY · margin expansion · +64% QoQ
Filed 31 Mar 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹35.6 Cr | +210.9% | +64.4% |
| EBITDA | ₹4.6 Cr | NDF | +76.6% |
| Operating margin | 12.9% | NDF | +90 bps |
| PAT | ₹2.7 Cr | +80.3% | +34.3% |
| PAT margin | 7.7% | NDF | -172 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 202.00
- P/B
- 32.50
- EV/EBITDA
- 134.68
- Market Cap
- 966.00Cr
Profitability
- ROE
- 26.30%
- ROCE
- 19.00%
- ROA
- 6.59%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 36.00%
- EPS 5Y
- 36.00%
- Revenue 3Y
- 69.00%
- EPS 3Y
- 82.00%
Balance Sheet
- Debt/Equity
- 1.21
- Interest Coverage
- 3.84×
- Altman Z
- 7.74
- Book Value
- 56.10
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 0/5
- OCF
- -34.36 Cr
- EPS TTM
- 9.03
Shareholding
- Promoter Hold
- 73.65%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 100%
Financial History
Updated 20/10/2026
Revenue
₹ CrLatest: 57.3+182.0% vs prev
Net Profit
₹ CrLatest: 4.8+214.5% vs prev
Return on Equity
%Latest: 16.1-29.4% vs prev
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Mixed signalsSignals are conflicting — long-term uptrend intact. RSI 60. Wait for confirmation.
- Price > SMA20 > SMA50 > SMA200 — full bullish stack.
- SMA20 rising (~15.7% over last month) — short-term momentum positive.
- RSI(14) at 60 — falling, no extreme reading.
- MACD below signal, histogram expanding negatively — bearish momentum building.
- 4% off 52W high · 350% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
99
RS percentile
Stage 2 UptrendEstablished S2
1M return
+8.4%
3M return
+65.3%
6M return
+298.4%
1Y return
+399.0%
RS 1D
0
RS 20D
0
Sector rank
#2
Industry rank
#27
Stage evidence
- Price is 79.7% above the 30-week proxy.
- The 50-DMA is above the 30-week proxy and its slope is rising +17.9%.
- Both 3-month and 6-month returns are positive.
50-DMA
price above
200-DMA
price above
S2 entered
10 Jun 2026
S2 age
78 trading sessions
Sector
leading
Industry
improving
Relative-strength line vs Nifty 500 (base 100)
227 observations
21 Oct 2026Value 373.05-1.87%
RS vs Nifty 500373
Valuation & peers
U-Score 39 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
Valuation & peers
U-Score 39 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
WATCHLIST
Fundamental score breakdown
U band · WATCHLISTValuation0/30
Growth17/25
Quality14/20
Balance Sheet6/15
Cash Flow0/10
Piotroski
5/9 (+3)
Penalties
-1
Raw sum
39
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
39/100 · legacy band WATCHLIST
Positive drivers
- Quality contributes 14/20 to the score.
- Growth contributes 17/25 to the score.
- Balance sheet contributes 6/15 to the score.
Main drags
- Penalty bucket subtracts 1 points.
- Fair-value margin of safety is negative at -394.0%.
- Valuation is weaker at 0/30; verify the latest quarterly trend.
Sector valuation model
Blended valuation: PE, EV/EBITDA, FCF yield, and balance-sheet checks
For this sector, IndiaPulse uses a blended lens rather than relying on a single valuation ratio.
Primary lens
PE, EV/EBITDA, margin of safety, and FCF yield together.
Secondary checks
ROE/ROCE, growth, cash conversion, leverage, promoter risk.
Main risk check
One cheap metric is not enough if quality or cash flow is weak.
PE
202.0
PB
32.5
EV/EBITDA
134.7
ROE
26.3%
ROCE
19.0%
FCF Yield
—
Debt/Equity
1.2
MoS
-394.0%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
39
Previous: 39
Legacy U-Score band
WATCHLIST
Previous: WATCHLIST
Margin of safety
-394.0%
Previous: -413.4%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
39
39
39
39
39
39
39
39
39
39
39
39
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹106.76
-1542.1% MoS
Growth-justified P/E
39.3
Growth-justified Value
₹354.88
-394.0% MoS
PEG
3.71
Comparable companies
Peers
Business-comparable peers in Industrials — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
BHADORA
SME
Bhadora Industries Ltd.
Industrial Products
match 54
52
27.6
18.8%
+32%
FAIR VALUE
ROYALARC
SME
Royal Arc Electrodes Ltd.
Industrial Products
match 53
50
18.2
13.1%
+54%
FAIR VALUE
GANDHITUBE
Small
Gandhi Special Tubes Limited
Industrial Products
match 53
62
14.6
20.0%
+52%
UNDERVALUED
HTEL
Micro
Hy-Tech Engineers Limited
Industrial Products
match 52
46
29.7
20.2%
-98%
FAIR VALUE
PSFL
SME
Paramount Speciality Forgings Ltd.
Industrial Products
match 52
47
14.8
7.8%
+63%
FAIR VALUE
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Tankup Engineers Ltd. operates in Storage Tanks, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 31 Mar 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
58Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 22nd percentile of the scored universe and 18th percentile within Industrials. Main check: cash conversion is weak at 28/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
0 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
22nd percentile
overall median 67 · Industrials: 18th pctile, median 68 · SME: 24th pctile, median 64
Evidence depth
Financial-only
0 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Needs extra due diligence; demand valuation comfort and recent improvement.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
86
strong · holding, pledge, alignment
Cash flow
28
weak · profit to cash conversion
Balance sheet
61
acceptable · leverage and solvency
Discipline
66
acceptable · capital discipline
Results
55
watch · quarterly consistency
Trust positives
- ▸Promoter holding is 73.7%.
- ▸Promoter pledge is zero.
Trust risks
- ▸Operating cash flow is negative at ₹-34 Cr.
- ▸Only 0 years of positive FCF.
- ▸Debt/equity is 1.21.
- ▸ROCE trend is -14.9%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Tankup Engineers Ltd.
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Annual reportSep 2026
Sep 2026 · Shareholders meeting 5 Sep - Tankup Engineers submits FY2025-26 annual report and AGM notice for September 29, 2026.
Source: Nse
Annual reportMar 2026
Mar 2026 · Annual Report 2026
Source: Nse
Annual reportMar 2025
Mar 2025 · Annual Report 2025
Source: Nse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.