Stock Report

The Anup Engineering Ltd Q3FY21 PAT drops to Rs. 9.10 crore



Posted On : 2021-01-30 13:08:21( TIMEZONE : IST )

The Anup Engineering Ltd Q3FY21 PAT drops to Rs. 9.10 crore

The Anup Engineering Ltd. has reported financial results for the period ended December 31, 2020.

Financial Results (Q3 FY20-21) - QoQ Comparison

The company has reported total income of Rs.30.29 crores during the period ended December 31, 2020 as compared to Rs.87.50 crores during the period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.9.10 crores for the period ended December 31, 2020 as against net profit / (loss) of Rs.11.66 crores for the period ended September 30, 2020.

The company has reported EPS of Rs.8.80 for the period ended December 31, 2020 as compared to Rs.11.31 for the period ended September 30, 2020.

FinancialsQ3 FY20-21Q2 FY20-21% Change
Total Income₹ 30.29 crs₹ 87.50 crsDown Tick -65.38%
Net Profit₹ 9.10 crs₹ 11.66 crsDown Tick -21.96%
EPS₹ 8.80₹ 11.31Down Tick -22.19%

Financial Results (Q3 FY20-21) - YoY Comparison

The company has reported total income of Rs.30.29 crores during the period ended December 31, 2020 as compared to Rs.77.73 crores during the period ended December 31, 2019.

The company has posted net profit / (loss) of Rs.9.10 crores for the period ended December 31, 2020 as against net profit / (loss) of Rs.13.75 crores for the period ended December 31, 2019.

The company has reported EPS of Rs.8.80 for the period ended December 31, 2020 as compared to Rs.13.29 for the period ended December 31, 2019.

FinancialsQ3 FY20-21Q3 FY19-20% Change
Total Income₹ 30.29 crs₹ 77.73 crsDown Tick -61.03%
Net Profit₹ 9.10 crs₹ 13.75 crsDown Tick -33.82%
EPS₹ 8.80₹ 13.29Down Tick -33.78%

Financial Results (9 Months ended FY 20-21) - YoY Comparison

The company has reported total income of Rs.148.75 crores during the 9 months period ended December 31, 2020 as compared to Rs.178.36 crores during the 9 months period ended December 31, 2019.

The company has posted net profit / (loss) of Rs.25.97 crores for the 9 months period ended December 31, 2020 as against net profit / (loss) of Rs.34.52 crores for the 9 months period ended December 31, 2019.

The company has reported EPS of Rs.25.19 for the 9 months period ended December 31, 2020 as compared to Rs.33.60 for the 9 months period ended December 31, 2019.

Financials9 Months ended FY20-219 Months ended FY19-20% Change
Total Income₹ 148.75 crs₹ 178.36 crsDown Tick -16.6%
Net Profit₹ 25.97 crs₹ 34.52 crsDown Tick -24.77%
EPS₹ 25.19₹33.60Down Tick -25.03%

Commenting on the quarterly results, Mr. Rishi Roop Kapoor, CEO, The Anup Engineering Ltd said, "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. However with finished inventory as on 31st Dec-20 of Rs 28 Cr sales value and operation levels again touching new peaks, we are poised to achieve strong execution levels and sales in coming quarters".

Outlook

The order book is strong and the enquiry in-flows continue to be healthy. On CAPEX front, at Odhav the clean room project has already entered execution phase with start of construction activities and most of the regulatory approvals for the Kheda project are in place now, clearing the deck for the start of tendering process for Phase I execution at site at the earliest.

Source : Equity Bulls

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