About Tankup Engineers
Tankup Engineers Limited was established in the year 2020. The company specializes in designing superstructures for vehicles that meet complex mobility and storage requirements. The company's headquarters and manufacturing unit is located in Lucknow, the capital of Uttar Pradesh, from where it provides solutions for the whole of India. The company specializes in the manufacture of custom-built tanks that are built to store or transport liquids, gases or solids. The size, material, capacity and functional features of these tanks are decided according to the customer's needs. Tankup Engineering Limited offers a wide range of products and services that meet the needs of today's fast-growing industrial and infrastructure sectors. These include mobile refuelers, water sprinklers and mobile service vans. The company's services are spread across various sectors, including agriculture, mining, construction, logistics, aviation, defense, infrastructure.
Why To Invest in Tankup Engineers
Strong Revenue Growth : Revenue increased from 11.85 crore in FY23 to 19.54 crore in FY24.
Impressive Profit Surge: Profit after tax grew over 3X, from 79 lakh in FY23 to 2.57 crore in FY24.
Diverse Industry Presence: Serves high-potential sectors like defense, aviation, and infrastructure.
Customized Product Offering: Focused on tailor-made engineering solutions, giving them a competitive edge.
Utilization of IPO Proceeds: Funds will be used for debt repayment, working capital needs, and general corporate purposes.
Period Ended | 30 Nov 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
---|---|---|---|---|
Assets | 17.67 | 10.35 | 8.68 | 2.32 |
Revenue | 12.48 | 19.54 | 11.85 | 1.4 |
Profit After Tax | 0.95 | 2.57 | 0.79 | 0.05 |
Net Worth | 6.17 | 3.68 | 1.11 | 0.2 |
Reserves and Surplus | 2.27 | 3.43 | 0.86 | 0.05 |
Total Borrowing | 7.59 | 3.69 | 2.57 | 1.42 |
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