The Anup Engineering Limited — PPTs, 31-01-2025: Investor Presentation

**Financial Highlights**: For the quarter and nine months ended December 2024, Anup Engineering reported a revenue of ₹171.6 Cr for Q3 FY25 and ₹510.7 Cr for 9M FY25, marking increases of 33.1% and 27.8% YoY respectively. EBITDA rose to ₹38.9 Cr (Q3) and ₹115.3 Cr (9M), indicating growth rates of 34.0% and 29.7%. The PAT for Q3 was ₹30.2 Cr (up 55.5% YoY) with a margin of 17.61%, while for 9M it stood at ₹86.8 Cr (up 44.8%).

**Strategic Initiatives and Growth Drivers**: The company has a pending order book valued at ₹831 Cr, reflecting robust demand. The ongoing construction of Phase-2(A) at the Kheda facility, with a capital expenditure of ₹50 Cr, is expected to enhance production capabilities by October 2025.

**Business Developments**: Anup Engineering continues to strengthen its market through diverse product offerings across multiple industries, including oil and gas, chemicals, and power generation. Their revenue decomposition shows 56% from heat exchangers and a healthy export contribution of 57.9% in Q3.

**Market Position and Competitive Advantage**: The firm maintains a solid market presence with a balanced revenue stream from domestic and international markets, catering to various sectors with a portfolio of specialized products.

**Investor Implications**: Given the strong financial performance and significant order book, investors may perceive a positive outlook for Anup Engineering. The new facility expansion and capital projects present potential growth opportunities while positioning the company favorably against competitors.