Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Certificate under Regulation 74(5) of the Securities and Exchange Board of India (Depository and Participants) Regulations, 2018
The Anup Engineering Ltd is a leading provider of process and heat equipment with a specialization in the design and fabrication of bespoke engineering products such as heat exchangers, pressure vessels, reactors, and related components. Established as a spin-off from a prominent conglomerate, the company serves critical sectors including oil & gas, petrochemicals, power, fertilizers, chemicals, pharmaceuticals, and the nuclear industry. Headquartered in Ahmedabad, India, Anup Engineering is recognized for its strong engineering capabilities, advanced manufacturing infrastructure, and compliance with international codes and standards.
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Certificate under Regulation 74(5) of the Securities and Exchange Board of India (Depository and Participants) Regulations, 2018
Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
The Hon'ble Appellate Authority vide its Order has allowed the appeal filed by Company and set aside the impugned order passed by GST Department hence there is no impact on financials.
Closure of Trading Window
Intimation for Closure of Trading Window
Disclosure Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015 - Change In Name Of Secretarial Auditor
Intimation for change in name of Secretarial Auditor
The Anup Engineering Ltd
About
The Anup Engineering Ltd is a leading provider of process and heat equipment with a specialization in the design and fabrication of bespoke engineering products such as heat exchangers, pressure vessels, reactors, and related components. Established as a spin-off from a prominent conglomerate, the company serves critical sectors including oil & gas, petrochemicals, power, fertilizers, chemicals, pharmaceuticals, and the nuclear industry. Headquartered in Ahmedabad, India, Anup Engineering is recognized for its strong engineering capabilities, advanced manufacturing infrastructure, and compliance with international codes and standards.
Business Model & Strategy
Anup Engineering generates revenue by manufacturing and supplying customized engineered-to-order equipment tailored for process industries. The business model leverages long-term relationships with blue-chip clients, engineering consultants, and EPC contractors. The company adopts a project-based approach, with a significant portion of revenues derived from the execution of large, complex orders requiring specialized design, material expertise, and regulatory compliance.
Growth strategies include expanding fabrication capacity, targeting high-margin segments such as critical service pressure vessels, pursuing global certifications, and increasing exports. The company also seeks to differentiate through operational efficiency, backward integration, and continuous technology adoption in welding, testing, and fabrication processes.
Management Overview
15 MembersMr.Punit Lalbhai
ChairpersonMr.SANJAYBHAI SHRENIKBHAI LALBHAI
Non-Executive - Non Independent Director-Chairperson related to PromoterMr.NileshHirapara
Chief Financial OfficerMr.PUNIT SANJAY LALBHAI
Non-Executive - Non Independent Director-Chairperson related to PromoterMr.REGINALDO BENJAMIN DSOUZA
Executive DirectorMr.SAMVEGBHAI ARVINDBHAI LALBHAI
Non-Executive - Non Independent DirectorMr.GANPATRAJ LALCHAND CHOWDHARY
Non-Executive - Independent DirectorMs.REENA PRAVIN BHAGWATI
Non-Executive - Independent DirectorMr.DHINAL ASHVINBHAI SHAH
Non-Executive - Independent DirectorMr.GOKUL MRUGESH JAYKRISHNA
Non-Executive - Independent DirectorMr.Kulin Lalbhai
Non - Executive Non -Independent DirectorMr.Lay Desai
Company Secretary & Compliance OfficerMr.KULIN SANJAY LALBHAI
Non-Executive - Non Independent DirectorMr.REGINALDO DSOUZA
Executive Director-CEO-MDMr.SAMVEG ARVINDBHAI LALBHAI
Non-Executive - Non Independent DirectorAwards & Recognition
5 Awards- Awarded CII Quality Award for Excellence in Manufacturing (2023)
- Received Dun & Bradstreet Leading SME Award (2024)
- ISO 14001:2015 and ISO 45001:2018 certifications for environmental and occupational health standards
- Recognized in Forbes India’s ‘Best under a Billion’ list (2024)
- Consistent supplier recognition by leading energy and EPC multinationals
Market Information
Company Timeline
62+ Years of Excellence | 6 Major Milestones
Foundation of the engineering division under the Lalbhai Group
Demerger and formation of The Anup Engineering Ltd as an independent entity
Listing on NSE and BSE
Launch of new fabrication facility at Odhav, Ahmedabad
Capacity expansion and automation drive to support growing order book
Received major international export orders and commenced backward integration projects
The Next Evolution
Contact Information
Registered Office
Odhav Road, Behind 66 KV Elec Sub-station
Tel: 079-22872823 / 22870622,
Fax: 079-22870642,
Email: investorconnect@anupengg.com
Website: anupengg.com
Corporate Actions
10| Purpose | Ex Date | Record Date | BC Start | BC End |
|---|---|---|---|---|
Final Dividend ₹12 per share | 14 Aug 2026 Friday | 14 Aug 2026 Friday | - | - |
Final Dividend ₹17 per share | 06 Aug 2025 Wednesday | 06 Aug 2025 Wednesday | - | - |
Final Dividend ₹15 per share | 26 Jul 2024 Friday | - | 28 Jul 2024 Sunday | 03 Aug 2024 Saturday |
Special Dividend ₹5 per share | 26 Jul 2024 Friday | - | 28 Jul 2024 Sunday | 03 Aug 2024 Saturday |
Bonus issue 1:1 | 23 Apr 2024 Tuesday | 23 Apr 2024 Tuesday | - | - |
Final Dividend ₹15 per share | 21 Jul 2023 Friday | - | 22 Jul 2023 Saturday | 05 Aug 2023 Saturday |
Final Dividend ₹8 per share | 29 Jul 2022 Friday | - | 02 Aug 2022 Tuesday | 08 Aug 2022 Monday |
Final Dividend ₹7 per share | 09 Aug 2021 Monday | - | 11 Aug 2021 Wednesday | 17 Aug 2021 Tuesday |
Final Dividend ₹7 per share | 17 Sep 2020 Thursday | - | 19 Sep 2020 Saturday | 26 Sep 2020 Saturday |
Dividend ₹7 per share | 30 Jul 2019 Tuesday | - | 01 Aug 2019 Thursday | 07 Aug 2019 Wednesday |
₹2,788 Cr.
₹1,341
₹2,480 / 1,321
32.93
₹344.96
4.04
₹42.29
₹10.00
0.86 %
Manage Ratio
FINANCIALS
| Annual Results | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income | - | - | - | - | 250 | 283 | 292 | 413 | - | 738 | 825 | 1,184 |
| Expenses | - | - | - | - | 187 | 221 | 231 | 343 | - | 735 | 685 | 999 |
| Profit | - | - | - | - | 43 | 54 | 62 | 51 | - | -22.06 | 110 | 143 |
| Tax | - | - | - | - | 20 | 8 | -0.93 | 19 | - | 25 | 29 | 40 |
| EPS | - | - | - | - | 42 | 53 | 63 | 52 | - | 59 | 55 | 0.28 |
| Ratios | - |
Cash Flow
Consolidated Figures in Rs. Crores
| Annual Balance Sheet | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | - |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | - | - | - | - | 422 | 431 | 525 | 643 | - | 926 | 971 | - |
| Equity And Liabilities | - | - | - | - | 422 | 431 | 525 | 643 | - | 926 | 971 | - |
Shareholding Pattern
Numbers in Percentages
| Quarterly SHP Announcement Date | Mar 2016 12 Apr '16 | Mar 2017 31 Mar '17 | Mar 2018 31 Mar '18 | Mar 2019 18 Apr '19 | Mar 2020 12 May '20 | Mar 2021 14 Apr '21 | Mar 2022 08 Apr '22 | Mar 2023 14 Apr '23 | Mar 2024 16 Apr '24 | Mar 2025 19 Apr '25 | Mar 2026 20 Apr '26 | - |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Goverments | - | - | - | - | - | - | - | - | - | - | - | - |
| Promoter And Promoter Group | - | - | - | 40.74% | 41.70% | 43.26% | 43.04% | 42.98% | 42.74% | 40.98% | 40.92% | - |
| Non Institutions | - | - | - | 32.35% | 39.93% | 38.40% | 41.94% | 44.11% | 45.65% | 39.38% | 39.49% | - |
| FII | - | - | - | - | - | - | - | 2.52% | 0.85% | 4.59% | 3.18% | - |
| DII | - | - | - | - | - | - | - | 10.39% | 10.75% | 15.06% | 16.41% | - |
| Total | - | - | - | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | - |
The Anup Engineering Ltd
The Anup Engineering Ltd
The Anup Engineering Ltd is a leading provider of process and heat equipment with a specialization in the design and fabrication of bespoke engineering products such as heat exchangers, pressure vessels, reactors, and related components. Established as a spin-off from a prominent conglomerate, the company serves critical sectors including oil & gas, petrochemicals, power, fertilizers, chemicals, pharmaceuticals, and the nuclear industry. Headquartered in Ahmedabad, India, Anup Engineering is recognized for its strong engineering capabilities, advanced manufacturing infrastructure, and compliance with international codes and standards.
Anup Engineering generates revenue by manufacturing and supplying customized engineered-to-order equipment tailored for process industries. The business model leverages long-term relationships with blue-chip clients, engineering consultants, and EPC contractors. The company adopts a project-based approach, with a significant portion of revenues derived from the execution of large, complex orders requiring specialized design, material expertise, and regulatory compliance.
Growth strategies include expanding fabrication capacity, targeting high-margin segments such as critical service pressure vessels, pursuing global certifications, and increasing exports. The company also seeks to differentiate through operational efficiency, backward integration, and continuous technology adoption in welding, testing, and fabrication processes.
Awarded CII Quality Award for Excellence in Manufacturing (2023)
Received Dun & Bradstreet Leading SME Award (2024)
ISO 14001:2015 and ISO 45001:2018 certifications for environmental and occupational health standards
Recognized in Forbes India’s ‘Best under a Billion’ list (2024)
Consistent supplier recognition by leading energy and EPC multinationals
Foundation of the engineering division under the Lalbhai Group
Demerger and formation of The Anup Engineering Ltd as an independent entity
Listing on NSE and BSE
Launch of new fabrication facility at Odhav, Ahmedabad
Capacity expansion and automation drive to support growing order book
Received major international export orders and commenced backward integration projects
Peer Comparison
| S.No. | Company Name | CMP (₹) | Market Cap (₹ Cr) | Div Yld (%) | NP Qtr (₹ Cr) | Qtr Profit Var (%) | Sales Qtr (₹ Cr) | Qtr Sales Var (%) | ROCE (%) | ROE (%) | Book Value (₹) | EPS TTM (₹) | TTMPE Ratio (₹) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Not Found Data | |||||||||||||
Coming Soon
Heatmap View
Premium Feature| Company | CMP (₹) | MCap (₹ Cr) | EPS TTM (₹) | ||||||||||
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Financial Ratios
Premium Feature| Company Name | P/E (TTM) | EPS (₹) | D/E | NPM | GPM | ROE (%) | ROCE (%) | P/B | |||||
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Coming Soon




