Industrial Machinery company The Anup Engineering announced Q3FY24 & 9MFY24 results: Q3FY24 Financial Performance - Revenue from Operation: For Q3FY24, revenue from operations was recorded at Rs 128.4 crore. - EBIDTA: The company's EBIDTA for the third quarter was Rs 30.0 crore or 23.4% of revenue. - PAT: The PAT for the third quarter amounted to Rs 20.2 crore, accounting for 15.7% of the total revenue. 9MFY24 Financial Performance - Total Revenue: Anup Engineering reported a total revenue of Rs 393.5 crore for 9MFY24, which marks a significant increase of 47.3% compared to the revenue during the same period in the previous year. - EBIDTA: EBIDTA reached Rs 89.4 crore, showing a substantial growth of 70.2% over 9MFY23. - Profit After Tax (PAT): PAT soared to Rs 60.4 crore, registering an impressive growth of 89.1% compared to 9MFY23. Order Book Status - As of December 31, 2023, the company's order book stood at Rs 813.5 crore. Strategic Developments - Capex Planning: The company plans to pre-empt an approximate Capex of Rs 15 crore in FY24 for the extension of PS Bay at Kheda, which is expected to be commissioned in Q1FY25. This expansion is aimed at providing two complete manufacturing bays at Kheda. - Subsidiary Merger: The merger of its subsidiary plant (Kheda Plant Company) was completed in the third quarter of FY24. Result PDF
Industrial Machinery company The Anup Engineering announced Q2FY24 & H1FY24 results: Financial Performance: - The Anup Engineering's consolidated total revenue for H1FY24 stood at Rs 265.1 crore, increase of 73.5% over H1FY23. - The company's EBIDTA for H1FY24 is Rs 59.4 crore, showing a growth of 98.6% compared to H1FY23. - The PAT (Profit After Tax) for H1FY24 is Rs 40.3 crore, reflecting a growth of 122.7% compared to H1FY23. - In Q2FY24, the revenue from operations amounted to Rs 139.8 crore, with an EBIDTA of Rs 31.4 crore (22.4%) and PAT of Rs 21.7 crore (15.5%). Order Book Status: - The order book for The Anup Engineering stood at Rs 629.5 crore as of September 30, 2023, and has further increased to Rs 872.70 crore as of October 30, 2023. Outlook: - The company has achieved its first dispatch from the Kheda plant on time in Q2FY24. - A capex of approximately Rs 15 crore is planned for the extension of the PS Bay at Kheda, which is scheduled to be commissioned in Q1FY25. This expansion will provide two complete bays for manufacturing at Kheda. Result PDF
Industrial Machinery firm The Anup Engineering announced Q4FY23 & FY23 results: Revenue from operation of Q4 at Rs 144.2 crore with EBIDTA of Rs 30.2 crore and PAT of Rs 19.5 crore Revenue from operation of FY23 at Rs 411.3 crore up by 42.7% as compared to corresponding FY22 EBIDTA for the FY23 up by 18% at Rs 82.70 crore compared to FY22 EBITDA margin at 20.1% for FY23 Order book stood at Rs 530 crore as on 31st March 2023. Result PDF