The Anup Engineering Limited reported a consolidated revenue of ₹822.3 crore for the financial year ended March 31, 2026, marking a 12.2% year-on-year growth. The company’s EBITDA increased by 5.4% to ₹174.2 crore, with a healthy EBITDA margin of 21.2%. Profit After Tax stood at ₹110.4 crore, demonstrating the company’s resilience amidst challenging market conditions and elevated input costs.
| Financial Highlights | FY 2025-26 (₹ in Lakhs) | FY 2024-25 (₹ in Lakhs) |
| Revenue from Operations | 78,943.70 | 70,826.50 |
| Other Income | 329.89 | 517.42 |
| Total Income | 79,273.59 | 71,343.92 |
| Profit Before Exceptional Items and Tax | 13,700.20 | 14,080.39 |
| Profit Before Tax | 13,569.68 | 14,080.39 |
| Tax Expense | 2,795.04 | 2,395.39 |
| Profit for the Year | 10,774.64 | 11,685.00 |
| Basic EPS (₹) | 53.80 | 58.52 |
| Diluted EPS (₹) | 53.68 | 58.32 |
The Anup Engineering Limited has announced its financial results for the fiscal year ended March 31, 2026. The company reported a consolidated revenue of ₹822.3 crore, reflecting a robust 12.2% year-on-year growth. This performance highlights the company’s ability to navigate economic uncertainties and maintain a strong operational trajectory.
Key Financial Performance Metrics
The EBITDA for FY26 stood at ₹174.2 crore, representing a 5.4% increase compared to the previous year, with an EBITDA margin of 21.2%. Profit After Tax (PAT) was reported at ₹110.4 crore. The company attributed its ability to sustain these financials, despite pressures from elevated input costs and operational challenges, to a sharp focus on cost management and timely course corrections throughout the execution cycle.
The financial highlights also indicate that COGS reduced by 6% primarily due to the metallurgy mix. Other expenses saw an increase of 7% attributed to higher job work charges, freight costs, and royalty charges. The company noted that the increase in these costs is in line with its strategy to focus on larger, complex, and proprietary orders, where labor, freight, and royalty costs are inherently higher.
Operational Highlights and Outlook
The export-to-domestic ratio remained at a 50:50 level, aligning with the company’s strategic intent. The Ahmedabad plant contributed ₹540 crore, Kheda plant ₹239 crore, and Mabel plant ₹43 crore to the revenue. Sector-wise, Oil & Gas accounted for 39% of revenue, Petrochemicals 32%, Fertilizer 9%, Hydrogen 8%, and others 12%. In terms of products, Heat exchangers contributed 56% to revenue, while Vessels, Reactors, and Columns accounted for 35%, indicating improved performance from the Kheda plant.
The company reported an all-time high opening order book of ₹769 crore as of March 31, 2026. With a healthy inquiry pipeline, Anup Engineering anticipates good business opportunities for the current and upcoming years, while maintaining a judicious approach to booking new orders due to current high input costs.
Source: BSE
