30th January 2021

To, Department of Corporate Services BSE limited, Floor 25, P J Towers, Dalal Street, Mumbai - 400001

Security Code: 542460 Security 10: ANUP

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

Dear Sir/Madam,

Sub.: Outcome of the Board Meeting held on 30th January 2021

Ref.: Regulations 30, 33 and other applicable provisions of the SEBI (listing Obligations and Disclosure Requirements) Regulations, 2015

We hereby inform you that the Board of Directors of the Company at its meeting held on today has approved the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter and nine months ended on 31st December 2020.

Pursuant to Regulation 30 and 33 of the SEBI i (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose the following:

1. Unaudited Standalone and Consolidated Financial Results of the Company for the quarter and nine months ended on 31st December 2020.
1. Limited Review Reports on Unaudited Standalone Financial Results for the quarter and nine months ended on 31st December 2020 issued by .the M/s. Sorab S. Engineers & Co., Statutory Auditors of the Company.
1. A copy of the Press Release being issued by the Company in respect of Unaudited Financial Results for the quarter and nine months ended on 31st December 2020.
1. Investor Presentation.

The meeting of the Board of Directors of the Company commenced at 11:00 a.m. and concluded at 12:40 p.m.

You are requested to take the above on your records and bring this to the Notice of all concerned.

Thanking you,

Yours faithfully, For, ~~P ngin ;~ Ch ~~n D~~~ \ Company Secretary ~ .f ~

Encl.: As above ~'-t{(i;:;~~f?

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 79 22872823, 22870622 E: [email protected]

The Anup Engineering Limited

Investor Presentation Q3 FY21 30th January 2021

Certain statements contained in this document may be statements of future expectations and other forward looking statements that are based on management's current view and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. None of The Anup Engineering Limited or any of its affiliates, advisors or representatives shall have any liability whatsoever (in negligence or otherwise) for any loss howsoever arising from any use of this document or its content or otherwise arising in connection with this document. This document does not constitute an offer or invitation to purchase or subscribe for any shares and neither it nor any part of it shall form the basis of or be relied upon in connection with any contract or commitment whatsoever.

Operational Review

Financial Statement Review

Introduction

Operational Review

Financial Statement Review

Product Range

Shell and Tube; Helical Baffle
Critical waste heat, RG boilers
Steam surface condensers

High Thickness Pressure Vessels (upto 160mm)
Clad Pressure Vessels

Heat Exchangers Columns / Towers Reactors

Packed Column
Tray Column

Dished Ends, Expansion Bellows Pressure Vessels Centrifuge

• Spinning, Point Press and Hot Forming

High Thickness Pressure Vessels (upto 160mm)
Clad Pressure Vessels

For starch and chemical industries
Sizes upto 1600mm diameter

Industry

Global Footprint

• India

Middle East, South East Asia
CIS Countries
Americas (including USA)
South Africa , Nigeria,
- Algeria

Marquee Clients

Shareholding Structure

Marketdata	As on 31st Dec 20
No.ofSharesOutstanding(Cr)	1.02
FaceValue(₹)	10.00
Price(₹)	742.35
52weekHigh/Low(₹)	839.20/225.05
MarketCapitalisation(₹Cr)	757.16

Shareholding % As on 31st Dec 20	Key Institutional Investors as on 31st Dec 20	Holding
Public/Others34.32%	ABAKKUSEMERGINGOPPORTUNITIESFUND-1	5.54%
Promoters and Promoters group41.62%Mutual Funds7.50%	HDFCTRUSTEECOMPANYLTD-A/CHDFC	4.98%
	MID-CAPOPPORTUNITIESFUND
	THENEWINDIAASSURANCECOMPANYLIMITED	2.56%
Foreign Portfolio InvestorsAlternate Investment Funds1.50%	HDFCTRUSTEECOLTDA/CHDFCRETIREMENTSAVINGSFUND	1.78%
6.66%	EQUITYPLAN
	HABROKINDIAMASTERLP	1.47%

Operational Review

Financial Statement Review

Q3 and 9M FY21 Executive summary: Strong Order Pipeline

Rs Cr	Q3 FY21	9M FY21	Remarks
Order Book	363.4(+55%)		RobustOrderbookgivingusgoodvisibilityofexecutionforcomingquarters
Revenues	29.5(-62%)	146.4(-17%)	Salesimpactedduetoman-hourslostinNightlockdownpostDiwali.FGstockofRs28CrsalesvalueasonDec-end.
EBITDA	6.8 (-68%)	33.3 (-37%)	EBIDTAmarginat23%.
PAT	9.1(-34%)	26.0(-25%)	ReversaloftaxationonaccountofadoptionofSec-115-BAA
Free Cash Flow	7.3	28.7	FixedDepositBalanceofRs76.6Cr

Key indicators – FY20 Vs FY21

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
We have finished stock of Rs 28 Cr sales value as on December end.

Operational Review

Financial Statement Review

FY21 V/s FY20 Profitability

Rs Cr	Q3 FY21	Q3 FY20	9M FY21	9M FY20
Revenue from Operations	29.5	76.6	146.4	175.3
Raw Material Consumed	36.5	39.7	90.1	111.1
(Increase) / Decrease in
Stock	-32.6	-2.5	-20.8	-42.5
Employees' Emoluments	4.6	3.7	13.1	12.2
Others Expenses	14.2	14.8	30.8	41.8
	22.7	55.7	113.1	122.6
EBIDTA	6.8	21.0	33.3	52.7
Margin	23%	27%	23%	30%
Other Income	0.8	1.1	2.4	3.0
Interest & Finance Cost	0.0	0.1	0.3	0.8
Cash Accruals	7.6	22.0	35.4	55.0
Depreciation	2.6	2.6	7.2	6.7
Profit Before Taxes	4.9	19.4	28.2	48.3
Tax Expense	-4.2*	5.7	2.3*	13.8
Profit After Tax	9.1	13.8	26.0	34.5

• Finished Inventory of Rs 28 Cr sales value and strong order pipeline to ensure robust top line in coming quarters

* Tax Expense reinstated on adoption of Sec-115 BAA of Income tax

Operational Review

Financial Statement Review

Strong Order book & Enquiry Pipeline and reduction in COVID-19 Intensity will ensure robust execution in the coming quarters.
Upgradation/Strengthening of 2 Bays to enable handing of higher weight equipment in line with the evolving product mix.
Ongoing Capex for development of clean room facility has already entered in the execution phase with the start of construction activity.
Regulatory approvals for the Kheda Project are in place now, clearing the deck for the start of tendering process for Phase 1 execution at site at the earliest.

New H7 Bay

THANK YOU

Engineering Infinite possibilities

The Anup Engineering Limited Behind 66 KV Electric Sub station, Odhav Road, Ahmedabad – 382415, Gujarat India T: +91 79 22872823, 2287 0622 Website: www.anupengg.com

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The Anup Engineering Ltd Interim / Quarterly Report 2021