06-Nov-2026 13:01:44
ANUP ENGINEERING Q2 FY27: TARGETS 20% REVENUE GROWTH IN FY28; ₹941 CR ORDER BOOK, ₹1,200 CR ORDER PIPELINE & CLEAN ENERGY STORAGE TO CONTRIBUTE 20% REVENUE
• FY28 Revenue Growth Target: Management targets approximately 20% revenue growth next year, supported by order enquiries across Oil & Gas, Fertilizers, Thermal Power and Clean Energy Storage. • Strong Order Book: Pending order book, including Letters of Intent (LOIs), stands at ₹941 Cr as of November 6, 2026, with approximately ₹390 Cr scheduled for FY28. • Order Enquiry Pipeline: Active enquiries worth ₹1,200 Cr provide opportunities for additional order wins in the coming months. • Thermal Power Orders: Secured orders exceeding ₹150 Cr for critical heat exchangers used in thermal power plants. • Thermal Power Outlook: Management expects strong demand from thermal power projects for at least the next three years. • Clean Energy Storage Guidance: Management expects clean energy storage projects, particularly in the US, to contribute approximately 20% of total revenue in FY28. • Technical Services Revenue Target: Expects approximately ₹50 Cr revenue during FY27 from technical and site services, with three site execution projects underway. • New Proprietary Products: Plans to add five proprietary equipment products to its portfolio during FY27, strengthening its positioning as a Tier-1 supplier. • High-Value Product Orders: Secured orders for three proprietary licensed products, supporting expansion into specialised engineering segments. • Domestic Business Outlook: Domestic orders account for 67% of the pending order book, while exports contribute 33%, indicating improving domestic demand. • Manufacturing Expansion: Kheda facility's Phase 3 expansion, comprising three additional production bays, remains part of future development plans. No commissioning date specified. • FY27 Management Outlook: Prioritising operational stabilisation, better execution, consolidation, profitability and risk mitigation amid geopolitical uncertainty. • Margin Challenges: Elevated raw material costs and geopolitical disruptions remain key risks. Management is prioritising disciplined pricing and profitable order execution.
THE ANUP ENGINEERING LTD