In a stock exchange filing, the company said Code on Social Security, 2020, published in the Gazette, may impact the contributions by the group towards provident fund, gratuity, and ESIC (Employees’ State Insurance Corporation). However, the effective date has not yet been notified.
In May, the company’s Vice Chairman, Punit Lalbhai said that the company expected a topline growth of 25%. “We have a very strong order book going into the year, and this year is no different. We already have about 80% of the order book locked in, and we are now looking at short lead time orders to ensure that our growth will be above 25% and we should be in with that 20% plus EBITDA margin, so things are on track for next year,” Lalbhai said.In the January–March quarter of 2025 (Q4FY25), Anup Engineering had reported revenue of ₹204 crore, an EBITDA margin of 15.96%, and a net profit of ₹29 crore.
Also read: Anup Engineering expects newly-acquired Mabel to add ₹50-60 crore to revenue this year
Shares of the company are trading in red at ₹2,630, down 1.06% on the BSE.