The Anup Engineering (NSE:ANUP) ROIC %: 13.26% (As of Mar. 2026)


NSE:ANUP The Anup Engineering Ltd NSE:ANUP
79 GF Score
Price ₹2,313.40
GF Value ₹2,554.25
Valuation Fairly Valued
! 4 Warning Signs
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What is The Anup Engineering ROIC %?

The Anup Engineering NSE:ANUP +2.02% 79 ROIC % is 13.26% as of Mar. 2026. GuruFocus rates NSE:ANUP with a GF Score™ of 79/100 and a GF Value™ of ₹2,554.25 (Fairly Valued). The stock has 4 warning signs investors should review.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The Anup Engineering's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 13.26%.

As of today (2026-07-06), The Anup Engineering's WACC % is 9.69%. The Anup Engineering's ROIC % is 13.77% (calculated using TTM income statement data). The Anup Engineering generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.


The Anup Engineering  (NSE:ANUP) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, The Anup Engineering's WACC % is 9.69%. The Anup Engineering's ROIC % is 13.77% (calculated using TTM income statement data). The Anup Engineering generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.


Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


The Anup Engineering ROIC % Related Terms


The Anup Engineering ROIC % Historical Data

* Premium members only.

The historical data trend for The Anup Engineering's ROIC % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The Anup Engineering ROIC % Chart

The Anup Engineering Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROIC %
Get a 7-Day Free Trial Premium Member Only 14.65 11.07 17.21 16.80 14.05

The Anup Engineering Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.86 12.67 15.24 13.39 13.26

NSE:ANUP vs GEV, ETN, PH: ROIC % Comparison

For the Specialty Industrial Machinery subindustry, The Anup Engineering's ROIC %, along with its competitors' market caps and ROIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


The Anup Engineering ROIC % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, The Anup Engineering's ROIC % distribution charts can be found below:

* The bar in red indicates where The Anup Engineering's ROIC % falls into.


NSE:ANUP
79GF Score
The Anup Engineering Ltd NSE:ANUP
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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The Anup Engineering ROIC % Calculation

The Anup Engineering's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Mar. 2026 is calculated as:

ROIC % (A: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Mar. 2025 ) + Invested Capital (A: Mar. 2026 ))/ count )
=1463.212 * ( 1 - 20.75% )/( (7946.177 + 8554.841)/ 2 )
=1159.59551/8250.509
=14.05 %

where

Invested Capital(A: Mar. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=9261.552 - 1183.951 - ( 131.424 - max(0, 2865.537 - 5453.001+131.424))
=7946.177

Invested Capital(A: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=9706.592 - 1023.216 - ( 128.535 - max(0, 2281.718 - 5644.71+128.535))
=8554.841

The Anup Engineering's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Mar. 2026 is calculated as:

ROIC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=1227.756 * ( 1 - 7.6% )/( (0 + 8554.841)/ 1 )
=1134.446544/8554.841
=13.26 %

where

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=9706.592 - 1023.216 - ( 128.535 - max(0, 2281.718 - 5644.71+128.535))
=8554.841

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data. The tax rate is limited to between 0% and 100%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about ROIC % →
What does a ROIC % of 13.26% mean?
The Anup Engineering (NSE:ANUP) has a ROIC % of 13.26% as of Mar. 2026. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on The Anup Engineering and its competitors.
Is The Anup Engineering's ROIC % too high?
The Anup Engineering's current ROIC % is 13.26%. The Industrial Products industry median ROIC % is 5.21. The Anup Engineering's value of 13.26% is 154.8% above this industry median. Overall, The Anup Engineering has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does The Anup Engineering's ROIC % compare to GEV and ETN?
The Anup Engineering's ROIC % of 13.26% can be compared against companies in the Industrial Products industry. The industry median ROIC % is 5.21. The Anup Engineering's value of 13.26% is 154.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROIC % for an Industrial Products company?
The median ROIC % among Industrial Products companies is 5.21, based on 3,026 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. The Anup Engineering's current ROIC % of 13.26% is 154.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on The Anup Engineering and its competitors. For the Industrial Products industry, the median ROIC % is 5.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Anup Engineering's current ROIC % is 13.26%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Anup Engineering stock overvalued right now?
Based on GuruFocus' analysis, The Anup Engineering (NSE:ANUP) is currently considered Fairly Valued. The stock's GF Value™ is ₹2,554.25, compared to a current price of ₹2,313.40 — trading 9.4% below its estimated fair value. The current ROIC % is 13.26% and 154.8% above the Industrial Products industry median of 5.21. The Anup Engineering's overall GF Score™ is 79/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For The Anup Engineering (NSE:ANUP), the current ROIC % is 13.26% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is The Anup Engineering (NSE:ANUP) Overvalued in 2026?

Based on GuruFocus' analysis, The Anup Engineering stock appears to be undervalued. The current stock price of ₹2,313.40 is trading 9.4% below its estimated GF Value™ of ₹2,554.25. GuruFocus considers The Anup Engineering to be Fairly Valued.

Key valuation signals for NSE:ANUP:

  • ROIC %: 13.26%
  • GF Value™: ₹2,554.25 vs. price of ₹2,313.40 (9.4% below fair value)
  • GF Score™: 79/100 with 4 warning signs
  • Industry Position: 154.8% above the Industrial Products median

No single metric tells the full story. See the NSE:ANUP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The Anup Engineering Business Description

Other Exchanges 542460:India
Address Odhav Road, Behind 66 KV Electricity Sub-Station, Ahmedabad, GJ, IND, 382415
The Anup Engineering Ltd is engaged in the manufacturing and fabrication of process equipment required for chemicals, petrochemicals, pharmaceuticals, fertilizers, drugs, and other allied industries. The Company's business activity falls within a single operating business segment of Engineering products. The products offered by the group are Dish ends, Industrial centrifuges, Static process equipment, and others. It has a business presence in India and other countries, of which key revenue is derived from India.
79GF Score

Get the complete analysis for NSE:ANUP

ROIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹2,313.40
Price
₹2,554.25
GF Value