The Anup Engineering Limited (ANUP) - Net Assets
Based on the latest financial reports, The Anup Engineering Limited (ANUP) has net assets worth Rs6.36 Billion INR (≈ $68.81 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs9.97 Billion ≈ $107.81 Million USD) and total liabilities (Rs3.61 Billion ≈ $39.00 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check ANUP cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs6.36 Billion |
| % of Total Assets | 63.82% |
| Annual Growth Rate | 25.25% |
| 5-Year Change | 81.51% |
| 10-Year Change | 571.88% |
| Growth Volatility | 23.8 |
The Anup Engineering Limited - Net Assets Trend (2013–2025)
This chart illustrates how The Anup Engineering Limited's net assets have evolved over time, based on quarterly financial data. Also explore The Anup Engineering Limited asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for The Anup Engineering Limited (2013–2025)
The table below shows the annual net assets of The Anup Engineering Limited from 2013 to 2025. For live valuation and market cap data, see ANUP market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs6.12 Billion ≈ $66.18 Million |
+15.80% |
| 2024-03-31 | Rs5.28 Billion ≈ $57.15 Million |
+20.74% |
| 2023-03-31 | Rs4.38 Billion ≈ $47.33 Million |
+11.25% |
| 2022-03-31 | Rs3.93 Billion ≈ $42.55 Million |
+16.69% |
| 2021-03-31 | Rs3.37 Billion ≈ $36.46 Million |
+4.41% |
| 2020-03-31 | Rs3.23 Billion ≈ $34.92 Million |
+14.65% |
| 2019-03-31 | Rs2.82 Billion ≈ $30.46 Million |
+17.01% |
| 2018-03-31 | Rs2.41 Billion ≈ $26.03 Million |
+42.72% |
| 2017-03-31 | Rs1.69 Billion ≈ $18.24 Million |
+85.18% |
| 2016-03-31 | Rs910.82 Million ≈ $9.85 Million |
+35.80% |
| 2015-03-31 | Rs670.69 Million ≈ $7.25 Million |
+63.38% |
| 2013-03-31 | Rs410.50 Million ≈ $4.44 Million |
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Equity Component Analysis
This analysis shows how different components contribute to The Anup Engineering Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1096.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs4.12 Billion | 67.26% |
| Common Stock | Rs200.26 Million | 3.27% |
| Other Comprehensive Income | Rs31.54 Million | 0.52% |
| Other Components | Rs1.77 Billion | 28.95% |
| Total Equity | Rs6.12 Billion | 100.00% |
The Anup Engineering Limited Competitors by Market Cap
The table below lists competitors of The Anup Engineering Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sunplus Technology Co Ltd
TW:2401
|
$446.79 Million |
|
WONIK Materials Co.Ltd
KQ:104830
|
$446.86 Million |
|
Guangzhou Shangpin Home Collection Co Ltd
SHE:300616
|
$447.14 Million |
|
Misun Technology Co Ltd
SHE:301577
|
$447.28 Million |
|
Mistras Group Inc
NYSE:MG
|
$446.72 Million |
|
Sports Toto Berhad
KLSE:1562
|
$446.60 Million |
|
Hey-Song Corp
TW:1234
|
$446.31 Million |
|
Changshu Tongrun Auto
SHG:603201
|
$446.19 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in The Anup Engineering Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,284,464,000 to 6,119,613,000, a change of 835,149,000 (15.8%).
- Net income of 1,183,027,000 contributed positively to equity growth.
- Dividend payments of 391,890,000 reduced retained earnings.
- Share repurchases of 31,418,000 reduced equity.
- New share issuances of 31,418,000 increased equity.
- Other comprehensive income decreased equity by 96,617,999.
- Other factors increased equity by 140,629,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs1.18 Billion | +19.33% |
| Dividends Paid | Rs391.89 Million | -6.4% |
| Share Repurchases | Rs31.42 Million | -0.51% |
| Share Issuances | Rs31.42 Million | +0.51% |
| Other Comprehensive Income | Rs-96.62 Million | -1.58% |
| Other Changes | Rs140.63 Million | +2.3% |
| Total Change | Rs- | 15.80% |
Book Value vs Market Value Analysis
This analysis compares The Anup Engineering Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 6.75x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 3.71x to 6.75x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-03-31 | Rs556.03 | Rs2062.20 | x |
| 2015-03-31 | Rs986.31 | Rs2062.20 | x |
| 2016-03-31 | Rs1339.45 | Rs2062.20 | x |
| 2017-03-31 | Rs62.01 | Rs2062.20 | x |
| 2018-03-31 | Rs118.06 | Rs2062.20 | x |
| 2019-03-31 | Rs137.03 | Rs2062.20 | x |
| 2020-03-31 | Rs315.43 | Rs2062.20 | x |
| 2021-03-31 | Rs164.12 | Rs2062.20 | x |
| 2022-03-31 | Rs197.95 | Rs2062.20 | x |
| 2023-03-31 | Rs219.89 | Rs2062.20 | x |
| 2024-03-31 | Rs258.03 | Rs2062.20 | x |
| 2025-03-31 | Rs305.40 | Rs2062.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently The Anup Engineering Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 19.33%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.14%
- • Asset Turnover: 0.79x
- • Equity Multiplier: 1.51x
- Recent ROE (19.33%) is above the historical average (17.21%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 13.06% | 6.72% | 1.11x | 1.76x | Rs11.58 Million |
| 2015 | 27.06% | 13.34% | 1.58x | 1.28x | Rs114.42 Million |
| 2016 | 26.36% | 18.01% | 1.00x | 1.46x | Rs149.05 Million |
| 2017 | 18.87% | 19.39% | 0.75x | 1.30x | Rs149.63 Million |
| 2018 | 10.60% | 25.18% | 0.33x | 1.28x | Rs14.35 Million |
| 2019 | 14.91% | 18.10% | 0.58x | 1.41x | Rs138.21 Million |
| 2020 | 13.31% | 17.97% | 0.57x | 1.31x | Rs106.77 Million |
| 2021 | 15.88% | 19.37% | 0.64x | 1.28x | Rs198.08 Million |
| 2022 | 15.77% | 21.64% | 0.55x | 1.34x | Rs227.13 Million |
| 2023 | 11.75% | 12.50% | 0.64x | 1.47x | Rs76.62 Million |
| 2024 | 19.58% | 18.95% | 0.68x | 1.53x | Rs506.30 Million |
| 2025 | 19.33% | 16.14% | 0.79x | 1.51x | Rs571.07 Million |
Industry Comparison
This section compares The Anup Engineering Limited's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $41,489,213,048
- Average return on equity (ROE) among peers: 17.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| The Anup Engineering Limited (ANUP) | Rs6.36 Billion | 13.06% | 0.57x | $446.74 Million |
| Aaron Industries Limited (AARON) | $550.00K | 66.55% | 18.36x | $31.35 Million |
| Ador Welding Limited (ADORWELD) | $1.47 Billion | 17.36% | 0.26x | $184.52 Million |
| ATAM VALVES ORD (BSE) (ATAM) | $37.09 Million | 13.75% | 4.00x | $8.50 Million |
| Azad Engineering Limited (AZAD) | $1.20 Billion | 24.55% | 2.37x | $1.51 Billion |
| Bharat Heavy Electricals Limited (BHEL) | $323.31 Billion | 1.36% | 0.97x | $13.27 Billion |
| Cummins India Limited (CUMMINSIND) | $51.45 Billion | 18.15% | 0.38x | $15.79 Billion |
| Diamond Power Infrastructure Limited (DIACABS) | $-6.22 Billion | 0.00% | 0.00x | $899.30 Million |
| Diffusion Engineers Ltd (DIFFNKG) | $1.91 Billion | 16.05% | 0.44x | $120.60 Million |
| Ducon Infratechnologies Limited (DUCON) | $236.88 Million | 0.26% | 0.31x | $11.42 Million |
About The Anup Engineering Limited
The Anup Engineering Limited, together with its subsidiaries, manufactures and fabricates process equipment for oil and gas, petrochemicals, LNG, fertilizers, chemicals, hydrogen, pharmaceuticals, power, water, paper and pulp, and aerospace industries in India. The company provides static process equipment, including heat exchangers, reactors, pressure vessels, columns and towers, and custom fabr… Read more