Synopsis:
Anlon Technology Solutions gained a ₹4.90 crore order from Guwahati International Airport Limited to supply a Mechanical Runway Sweeping and Moss Cleaning Machine, to be executed within six months.
The shares of the Micro-Cap stock specializing in providing engineering services for engineering systems built on automotive chassis and related areas, are in focus upon receiving a work order worth Rs. 4.90 Crores from Guwahati International Airport Limited.
With a market capitalization of Rs. 240.83 crores on Friday, the shares of Anlon Technology Solutions Limited declined upto 1.28 percent, making a low of Rs. 385.00 per share compared to its previous closing price of Rs. 390.00 per share.
What Happened
Anlon Technology Solutions Limited, engaged in providing engineering services for engineering systems built on automotive chassis and related areas, has received an order worth Rs. 4.90 crore (including GST) from Guwahati International Airport Limited.
The order is for supplying one Mechanical Runway Sweeping and Moss Cleaning Machine. This is a domestic contract that will be completed within six months of the date of the order.
Financials & Others
The company’s revenue rose by 78.8 percent from Rs. 17.43 crore to Rs. 31.17 crore in H2FY24-25. Meanwhile, the Net profit rose from Rs. 2.30 crore to Rs. 3.94 crore during the same period.
The company has a low debt-to-equity ratio of 0.13, reflecting strong financial stability. Additionally, the company has maintained solid performance with an average Return on Equity (ROE) of 14.6 percent and Return on Capital Employed (ROCE) of 19.3 percent. Furthermore, the Company has delivered good profit growth of 54.0% CAGR over the last 5 years, showcasing its strong financial health and profitability.
Anlon Technology Solutions Limited is an India-based engineering company founded in 2015, headquartered in Bangalore. It specializes in manufacturing and supplying advanced firefighting, rescue, and safety equipment, as well as providing engineering services, consultancy, and after-sales support primarily for airports, high-rise buildings, and refineries across India.
The company’s Product revenue breakdown is as follows: firefighting equipment accounts for less than 85%, runway sweeping machines make up under 5%, other equipment contributes 5-10%, and rubber removal machines also represent less than 5-10% of revenues.
Anlon Technology Solutions Limited serves a diverse range of prominent clients, including major players in the aviation, infrastructure, and industrial sectors. Key customers include Adani Group, Reliance, Coal India, HAL, and Volkswagen. The company has also partnered with several international airports, such as Goa International Airport, Kempegowda International Airport, Kannur International Airport, and other notable clients
Written by Sridhar J
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