AI assistant
The Anup Engineering Ltd Earnings Release 2021
60928_rns_2021-01-30_74f2e731-9448-4da2-a5aa-f5d756fd14f9.pdf
Earnings Release
Open in viewerOpens in your device viewer
Date: 30.01.2021
To, Department of Corporate Services BSE Limited, P.J. Towers, Dalal Street, Mumbai - 400 001
To, Listing Department National Stock Exchange of India Limited, Exchange Plaza, 5th Floor Plot No. C/l, G. Block Bandra - Kurla Complex, Bandra (E), Mumbai - 400 051
-----------_._---------_._-------_._ .. __ .
Symbol: ANUP
Security 10: ANUP Dear Sir/Madam,
Security Code: 542460
Sub: Revised Press Release in respect of Unaudited Financial Results for the quarter and nine months ended on 31st December 2020
With reference to above subject we have submitted press release dated 30th January 2021 in respect of Unaudited Financial Results for the quarter and nine months ended on 31st December 2020 in which inadvertently the order book was ' mentioned at Hs 352 Cr instead of Rs 363.4 Cr. The revised press release is attached herewith.
Kindly take the same on your record. Thanking you, Yours faithfully, For ~ en in Chintank ar Patel Company Secretary Encl.: As above
The Anup Engineering Limited
(Formerly Known as Anveshan Heavy Engineering Limited) (IN: L29306GJ2017PLC099085
Behind 66 KV Electric Sub Station,Odhav Road, Ahmedabad-382 415, Gujaratlndia. F: +91 7922870642 T: +91 7922872823, 22870622 E: [email protected]
PRESS RELEASE
Ahmedabad, January 30, 2021: The Anup Engineering Limited (ANUP), announced its financial results for the Third Quarter Ended December 31, 2020.
- Revenues degrew 17% for 9M FY21 as compared to corresponding 9M FY20
- Order book at Rs 363.4 Cr
- EBITDA margin at 23% for 9M FY21
Financial Highlights Rs Cr
| Particulars | Q3 FY21 | 9M FY21 |
|---|---|---|
| Revenue from Operations | 29.5 | 146.4 |
| EBIDTA | 6.8 | 33.3 |
| PBT | 4.9 | 28.2 |
| PAT | 9.1* | 26.0* |
*****Tax expense reinstated on adoption of Sec-115-BAA of Income Tax.
Commenting on the quarterly results, Mr. Rishi Roop Kapoor, CEO, The Anup Engineering Ltd said, "Q3 sales were impacted due to lower execution on account of night curfew at Ahmedabad post Diwali due to sudden spike in COVID-19 cases. However with finished inventory as on 31st Dec-20 of Rs 28 Cr sales value and operation levels again touching new peaks, we are poised to achieve strong execution levels and sales in coming quarters".
Outlook
The order book is strong and the enquiry in-flows continue to be healthy. On CAPEX front, at Odhav the clean room project has already entered execution phase with start of construction activities and most of the regulatory approvals for the Kheda project are in place now, clearing the deck for the start of tendering process for Phase I execution at site at the earliest.
About Anup:
The Anup Engineering Limited caters to wide range of process industries including Oil & Gas, Petrochemicals, LNG, Fertilizers, Chemicals/ Pharmaceuticals, Power, Water, Paper & Pulp and Aerospace with its extensive product range of Heat Exchangers, Reactors, Pressure Vessels, Columns & Towers, Industrial Centrifuges & Formed Components.
For further information, please visit: www.anupengg.com or contact: Chintan Kumar Patel
Company Secretary The Anup Engineering Ltd. [email protected] Land Line No: 079 22872823