Anup Engineering Q2 Results: Strong revenue growth, stable profit lift shares 4%

Shares of Gujarat-based Anup Engineering rose over 4% on Monday, November 10, after the company reported its earnings for the second quarter of FY26, showing strong revenue growth but a flat bottom line.

For the quarter ended September 30, 2025, the manufacturer of critical process equipment for core industries reported ₹232.3 crore in revenue from operations, up 20.3% year-on-year and 32.7% sequentially. Revenue in the same quarter last year stood at ₹193 crore, while the June quarter reported ₹175

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Net profit came in marginally lower at ₹32 crore, compared with ₹32.5 crore a year earlier. EBITDA rose 18.9% year-on-year to ₹51.5 crore, though EBITDA margin narrowed slightly to 22.2% from 22.4%.

Oil & Gas contributed 42% of the quarter’s revenue, followed by petrochemicals (30%) and other sectors (28%).

During the quarter, the company commissioned Phase-2(A) at its Kheda plant, expected to add ₹150–₹200 crore in annual revenue once fully operational by Q3 FY26. “This also ensures adequate capacity for next year in line with our medium-term growth guidance,” the company said in an exchange filing.

Shares of Anup Engineering closed 4.19% higher at ₹2,409.90 on the NSE.

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