Anup reported decent Q1FY22 results.
- Revenue for the quarter was at Rs. 52 crore, up 72% YoY, down 61% QoQ
- EBIDTA margins contracted ~355 bps YoY & ~270 bps QoQ coming in at 24%. Absolute EBIDTA came in at Rs. 12.5 crore, up 50% YoY
- Ensuing PAT came in at Rs. 7.9 crore. Tax rate for the quarter was at 19.6%
Key triggers for future price performance
- Upcoming clean room facility expanding Anup's reach into exotic metallurgy
- Timely commercialisation of Kheda capex ensuring sustained growth
- Sustained EBIDTA margins in the range of 24-26%
For details, click on the link below: Link to the report