The Anup Engineering Ltd

The Anup Engineering Ltd Share Price

Anup Engineering Ltd, originally known as Anveshan Heavy Engineering Limited, was established on September 14, 2017. It is a leading heat exchanger manufacturer in India, serving various industries such as Oil & Gas, Petrochemicals, LNG, Fertilizers, Chemicals/Pharmaceuticals, Power, Water, Paper & Pulp, and Aerospace. The company produces heat exchangers, reactors, pressure vessels, columns & towers, industrial centrifuges, and formed components. Anup Engineering operates a state-of-the-art manufacturing facility in Ahmedabad and holds multiple certifications including ISO 14001:2015, ISO 9001:2015, and OHSAS 18001:2007. It is also accredited with ASME U, U2, S, and R stamps, PED 97/23/EC, NB registration, and IBR approval. Analysts are forecasting an upward trend for the Anup Engineering Ltd share price.

Subsidiaries of the Anup Engineering Ltd

The company was demerged from Arvind Limited and merged into Anveshan Heavy Engineering Limited.

Business Segments of the Anup Engineering Ltd

Anup Engineering provides a wide range of products to several industries:

• Heat Exchangers
• Reactors
• Pressure Vessels
• Columns & Towers
• Industrial Centrifuges
• Formed Components

Financial Performance in 2024 of the Anup Engineering Ltd

• Q4 FY24: Revenue from operations was Rs 156.9 crore, with an EBITDA of Rs 37.3 crore (23.7%) and a PAT of Rs 43.0 crore (27.4%).
• FY24: Revenue from operations reached Rs 550.4 crore, with an EBITDA of Rs 126.8 crore (23.0%) and a PAT of Rs 103.5 crore (18.8%).
• The company has shown a revenue growth of 18.78% over the past three years.
• It is virtually debt-free with a healthy interest coverage ratio of 29.85.
• The company maintains an average operating margin of 25.01% over the last five years.
• The order book stood at Rs 854.2 crore as of March 31, 2024. Investors are keeping a close watch on the Anup Engineering Ltd share price due to its recent performance in the market.

Key Personnel of the Anup Engineering Ltd

Board of Directors:

• Mr. Sanjay S. Lalbhai, Chairman & Non-Executive Director
• Ms. Reena Bhagwati, Independent Director
• Mr. Arpit Patel, Independent Director
• Mr. Ganpatraj Chowdhary, Independent Director
• Mr. Punit S. Lalbhai, Non-Executive Director
• Mr. Samvegbhai Lalbhai, Non-Executive Director

Key Executives of the Anup Engineering Ltd

• Reginaldo D'Souza, Chief Executive Officer
• Nilesh Hirapara, Chief Financial Officer
• Chintankumar Patel, Company Secretary & Compliance Officer