Anup Engineering reported a 20% revenue increase, reaching ₹614 Crore for the nine months of FY26. EBITDA grew by 18% to ₹136 Crore, with a margin of 22%. The company also entered the nuclear energy sector in India. The order book stands at ₹550 Cr with ₹300 Cr available for billing in FY27.
Financial Performance Highlights
Anup Engineering (ANUP) announced its financial results, showcasing significant growth for the nine-month period ending December 31, 2025 (9M FY26). The company reported strong performance across key financial metrics.
Key highlights include:
- Consolidated Revenue: ₹614 Crore, a 20% increase year-over-year.
- EBITDA: ₹136 Crore, reflecting an 18% growth with a margin of 22%.
- PAT (excluding tax reversal): Increased by 2.0%, resulting in a PAT margin of 14%.
Segment and Product Mix
The sector distribution of the product mix is as follows:
- Oil & Gas: 40%
- Petrochemicals: 33%
- Other Sectors: 27%
The product mix during the quarter comprised:
- Heat Exchangers: 57%
- Reactors and Vessels: 36%
- Rotary Equipment and Silos: 7%
Strategic Developments
Anup Engineering has expanded its operations into the nuclear energy sector in India, securing an initial order from a major EPC company.
Phase-2(B) at the Kheda Plant is now commissioned, enhancing the total revenue potential of the Kheda plant to ₹450 Crs.
Order Book and Outlook
As of the report, the consolidated order book stands at ₹550 Cr, with over ₹300 Cr available for billing in FY27. The company anticipates revenue and EBITDA growth within the guided range of 15-20% for FY26, based on the current execution timeline.
The company also noted encouraging order inquiry pipeline of ₹1,100 Cr to help build the orderbook for FY27.
Source: BSE
