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The shares of the Micro-Cap stock specializing in providing engineering services for engineering systems built on automotive chassis and related areas, jumped upto 7 percent upon receiving a work order from the Directorate of Fire and Emergency Services, Government of Goa.

With a market capitalization of Rs. 242.08 crores on Wednesday, the shares of Anlon Technology Solutions Limited jumped upto 6.7 percent, making a high of Rs. 394.00 per share compared to its previous closing price of Rs. 369.00 per share.

Anlon Technology Solutions Limited, engaged in providing engineering services for engineering systems built on automotive chassis and related areas, has received a domestic work order from the Directorate of Fire and Emergency Services, Government of Goa.

The order is for the fabrication and supply of a 42-meter Turn Table Ladder mounted on an Eicher 3019 chassis, Euro 6 Manual Transmission, Wheelbase 5490 mm make 4*2 Chassis. The contract is valued at approximately Rs. 11.41 Crores, including GST, and is expected to be completed within 12 months from the issuance of the supply 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 Price-to-Earnings (P/E) ratio of 35.55, which is lower than the industry average of 40.29, indicating it may be undervalued compared to its peers. It also 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 15.29 percent and Return on Capital Employed (ROCE) of 19.31 percent over the past three years.

Furthermore, the company has shown consistent growth, with an average revenue growth of 21.89 percent and net profit growth of 28.19 percent over the last three 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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