The Anup Enginee (ANUP)
CyclicalFairStock Score: 7/100 — RISKY
Score breakdown: P/E: 1/3 · ROCE: 0/2 · Growth: 0/2 · Dividend: 0/1
Key Financials
| Current Price | ₹1,852.8 |
| Market Cap | ₹3,711.43 Cr |
| P/E Ratio | 43.86 |
| ROCE | 0% |
| ROE | 20.36% |
| Dividend Yield | 0.64% |
| Profit Growth | -97.9% |
| Debt/Equity | 0.18 |
| Sales Growth | -28.5% |
| Promoter Holding | 40.92% |
| 52-Week Range | ₹1,422.3 — ₹2,576 |
| Sector | Industrial Manufacturing |
| Book Value | ₹344.96 |
Strengths
- Return on equity of 20.36% is strong
- Sales growth of 20.48% shows demand momentum
- Debt/equity of 0.25 keeps balance sheet conservative
- Promoter holding of 40.92% aligns owners with public shareholders
- Dividend yield of 1.08% offers modest income while waiting
Concerns
- Profit growth is -11.68% despite 20.48% sales growth, showing margin pressure
- Piotroski F-Score of 3/9 indicates weak financial health
- P/E of 27.01 and P/B of 8.06 leave no margin of safety
- Reported ROCE of 0.00% is a red flag that needs explanation
AI Analysis
Let me value Anup as a business, not a ticker. The 20.36% ROE and 20.48% sales growth first catch my eye. A company that can compound book value and grow revenue is worth studying. But then the numbers turn less friendly. Profit fell 11.68% while sales grew—this is the classic sign of margin compression. The latest quarter earned ₹26 Cr on ₹207 Cr sales, a net margin of about 12.6%. That is not terrible, but it is not improving, and the Piotroski F-Score of 3/9 says the financial health is deteriorating. The reported ROCE of 0.00% is a red flag; I cannot reconcile it with a 20% ROE until management explains how capital is deployed. The balance sheet is acceptable—debt/equity of 0.25 is not dangerous—and promoter holding of 40.92% is reassuring. But valuation is not. At ₹2,157.80, the P/E is 27 times earnings and price-to-book is 8.06 times book value of ₹267.60. Graham taught me to seek a margin of safety. Paying 27 times for a company whose profits are shrinking and whose FairStock score is 25/100 is not safety. Dividend yield of 1.08% is small compensation for that risk. In cyclical industrial businesses, today's high sales growth can turn into tomorrow's excess capacity. With ROCE reported as zero, I am now even more cautious. This may be a good company at the wrong price. I will wait until profit growth returns, margins stabilise, or the price drops to a level where the valuation matches the demonstrated quality.
Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer