Ahmedabad, 11 November : The Anup Engineering Limited (ANUP), part of Arvind Group and one of India’s large static state equipment manufacturers, today announced its financial results for the Q2 and H1 of the Financial Year 2025-26. The result reflected stable performance in volumes, revenue and operating profit. Anup continues to deliver industry leading growth and profitability consistently with rising efficiencies.

Consolidated Financial Highlights (INR in Cr):

ParticularsQ2 FY26Q2 FY25Change YoY %H1 FY26H1 FY25Change YoY %
Revenue23219320%40833920%
EBIDTA514319%927620%
EBIDTA %22.2%22.4% 22.5%22.5% 
PAT3233(1.5%)58573%
ROCE26.9%26.7% 24.5%23.6% 

In the business front Anup Engineering progressing well on its guidance for the full year and builds on the capacity for the future.

  • During the quarter gone by the company commissioned Phase-2(A) at its Kheda Plant. The Revenue Potential of the new facility is approximately ₹150-200 Cr per annum. This also ensures adequate capacity for next year in line with its medium-term growth guidance.
  • During the second quarter sector distribution of the User-industry mix remained balanced and stood at Oil & Gas at 42%, Petrochemicals at 30% and Rest of the sectors at 28%.
  • Product mix remained healthy at Heat Exchangers at 58%, Reactor and Vessels at 38% and Rotary Equipment and silos at 4%.
  • Consolidated Revenue, EBIDTA and PAT for Q2 FY26 stood at ₹232 Cr, ₹ 51 and ₹32 Cr respectively.
  • Revenue and EBIDTA grew by 20% and 19% respectively, however the lower TAX impact last year shows the PAT to be flat.
  • EBIDTA Margin during the period was maintained at a healthy 22%.
  • Short term debt has gone up to fund the increase in working capital requirement and is transitory in nature will come back to normal levels by end of FY26.
  • Achieved working capital turn of 3x and ROCE ~27% in Q2 FY26.

Outlook for Q3 & Rest of FY26

  • Pending Orderbook stood at ₹568 Cr including LOI of ₹49 Cr. This is in line with our growth guidance for the full year of FY26.
  • Balanced orderbook between Exports and Domestic (45% to 55%), suggesting pick up in domestic demand
  • To maintain EBITDA margins at ~22% levels
  • Phase-2(B) at Kheda Plant (Open Bay dedicated for volume products) to be ready by end of Q3 FY26 (Revenue Potential of ₹100-150 Cr per annum)

(Disclaimer: The information provided here is investment advice only. Investing in the markets is subject to risks and please consult your advisor before investing.)

(સ્પષ્ટતા: અત્રેથી આપવામાં આવતી તમામ પ્રકારની માહિતી કોઇપણ પ્રકારે રોકાણ/ ટ્રેડીંગ માટેની સલાહ નથી. બજારોમાં રોકાણ જોખમોને આધીન છે અને રોકાણ કરતા પહેલા કૃપા કરીને તમારા સલાહકારની સલાહ લો.)