The Anup Engineering Limited has announced its unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025, following a Board Meeting held on February 3, 2026. On a standalone basis, the company reported revenue of ₹192.57 Crores for Q3 FY26, representing a 12.61% increase compared to ₹171.01 Crores in the corresponding quarter of the previous year. However, the net profit for the quarter stood at ₹24.72 Crores, reflecting a 21.20% decline from the ₹31.37 Crores reported in the same period last year. Sequentially, revenue decreased by 17.22% from ₹232.64 Crores in Q2 FY26, while profit after tax saw a 22.82% drop from ₹32.03 Crores in the preceding quarter.

Financial Metric (Standalone)Q3 FY2026 (Dec ’25)Q2 FY2026 (Sept ’25)Q3 FY2025 (Dec ’24)% Change (QoQ)% Change (YoY)
Revenue from Operations₹192.57 Cr₹232.64 Cr₹171.01 Cr-17.22%+12.61%
Profit After Tax (PAT)₹24.72 Cr₹32.03 Cr₹31.37 Cr-22.82%-21.20%

The Anup Engineering Limited, a subsidiary of the Lalbhai Group, is a prominent manufacturer of critical process equipment including heat exchangers, reactors, and pressure vessels for industries such as oil and gas, petrochemicals, and fertilizers. Throughout 2025, the company focused on expanding its manufacturing capabilities, notably commissioning Phase 1A at its Kheda facility and beginning construction on Phase 2 to increase capacity from 6,000 MT/Yr to 10,000 MT/Yr. Recent updates in 2025 include the strategic acquisition of Mabel Engineers in Tamil Nadu and a shift toward high-margin exports, which accounted for approximately 54% of its product mix. The company also successfully delivered its first equipment made from specialized Chromium Molybdenum Vanadium modified material for a domestic client. Notable institutional backing includes HDFC Mutual Fund, which increased its stake in the company to 9.72% as of January 2026, and Sunil Singhania’s Abakkus Emerging Opportunities Fund-1, which held a 3.55% stake as of December 2025.

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