Shares of Anup Engineering Ltd dropped 6.26% to ₹2,454.90 in early trade on Wednesday, August 6, wiping out gains despite reporting a solid Q1 performance. The stock opened lower and remained under pressure, declining ₹163.90 from its previous close of ₹2,618.80. The company’s current market cap stands at ₹4,916 crore.
In Q1 FY26, Anup Engineering posted a 20% year-on-year (YoY) increase in revenue at ₹175 crore. Net profit rose 9.6% to ₹26.3 crore, while EBITDA surged 22% YoY to ₹40 crore. Margins improved slightly to 23% from 22.6%.
However, sequentially, the performance weakened compared to Q4 FY25, when revenue was ₹204 crore, net profit ₹29 crore, and EBITDA margin 15.96%. This quarter-on-quarter dip in topline and profit may have dampened investor sentiment, contributing to the stock’s decline.
The company had earlier guided for over 25% topline growth and 20%+ EBITDA margin for FY26, citing a strong order book. Investors may be reassessing the trajectory after Q1’s mixed sequential performance.
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