The Anup Engineering Limited, a leading manufacturer of heat exchangers and industrial equipment, has announced strong financial results for the first quarter and is set to host an institutional investor and analyst meet in Singapore.

Financial Highlights

The company reported a robust performance for Q1:

• Consolidated revenue increased by 20% to ₹175.20 crore, up from ₹146.00 crore in the same quarter of the previous year.
• EBITDA grew by 22.4% to ₹40.40 crore, with margins improving to 23%.
• Profit After Tax (PAT) rose to ₹26.30 crore, representing a 9.6% increase year-over-year.

Strong Orderbook and Pipeline

As of July 31, The Anup Engineering boasts a healthy financial position:

• Consolidated orderbook of ₹604.00 crore, available for billing in the current fiscal year.
• Current inquiry pipeline of ₹1,020.00 crore, expected to close within the next three months.

Product and Market Breakdown

The company's Q1 revenue was primarily driven by:

In terms of market distribution:

Expansion and Capex

The Anup Engineering is currently expanding its manufacturing capabilities:

• Phase 2A construction at the Kheda plant is in progress with a capex of ₹50.00 crore.
• The expansion includes two bays (one complete bay and one open bay).
• Commissioning is expected in Q2.

Investor Meet and Presentation

The company is scheduled to host an institutional investor and analyst meet on August 11-12 at the Ambit Singapore Conference. The investor presentation will cover Q1 results and provide a comprehensive business overview.

Company Profile

The Anup Engineering Limited, with 62 years of experience, specializes in manufacturing heat exchangers, pressure vessels, and industrial equipment. The company serves various industries including oil & gas, petrochemicals, fertilizers, and the emerging hydrogen sector.

Outlook

With a strong orderbook, healthy inquiry pipeline, and ongoing expansion efforts, The Anup Engineering appears well-positioned for continued growth. The company's focus on exports, which account for over 70% of its Q1 revenue, demonstrates its global competitiveness in the industrial equipment manufacturing sector.

Investors and analysts will likely be keen to hear more about the company's strategies for capitalizing on opportunities in the hydrogen industry and its plans for further expanding its manufacturing capabilities during the upcoming investor meet in Singapore.

The Anup Engineering Limited (ANUP), a leading player in the engineering products sector, has announced its financial results for the first quarter and made a key addition to its leadership team.

Financial Performance

The Board of Directors of Anup Engineering approved the unaudited standalone and consolidated financial results for the quarter ended June 30. The company's performance for the quarter is as follows:

The company's consolidated revenue from operations stood at ₹17,523.24 lakhs, with a total income of ₹17,756.73 lakhs. The consolidated profit before tax was ₹3,528.23 lakhs, resulting in a profit for the period of ₹2,626.10 lakhs. The consolidated earnings per share for the quarter were reported at ₹13.11.

Appointment of New Chief Marketing Officer

In a strategic move to strengthen its leadership team, Anup Engineering has appointed Mr. Rudolph Mathias as the Chief Marketing Officer (CMO), effective August 5. Mr. Mathias has also been designated as Senior Management Personnel of the company.

Mr. Mathias brings over 25 years of global experience to his new role, with expertise in:

• International sales strategy
• Business development
• Strategic marketing

His experience spans across various industries, including:

• EPC (Engineering, Procurement, and Construction)
• Oil & Gas
• Heavy industrial manufacturing

Mr. Mathias has a proven track record in driving business growth, strategic planning, and international expansion across North America, Europe, the Middle East, Africa, and India. His appointment is expected to bolster Anup Engineering's marketing strategies and global outreach.

Educational Background and Achievements

Mr. Rudolph Mathias holds a Bachelor of Arts degree from Osmania University, Hyderabad. He has also pursued a Post Graduate Diploma in Project Management from the International Institute of Business Management and Research Technology, USA. Additionally, he is a certified Expediting Manager by the Expediting Management Association, USA.

Throughout his career, Mr. Mathias has demonstrated his ability to:

• Expand regional consulting and delivery services across multiple countries
• Enhance revenue growth through developing strong partner networks
• Secure large projects from well-known companies
• Implement cost optimization strategies
• Forge strategic alliances
• Lead international marketing campaigns focused on sustainable expansion

The appointment of Mr. Mathias as CMO aligns with Anup Engineering's vision for growth and expansion in the global market. His extensive experience and proven leadership in international business development are expected to contribute significantly to the company's strategic initiatives and market presence.

Anup Engineering's decision to bring Mr. Mathias on board reflects the company's commitment to strengthening its management team and enhancing its competitive position in the engineering products sector.