Anlon Technology Solutions Ltd
Incorporated in 2015, Anlon Technology
Solutions Ltd provides engineering services, training, consultancy, advisory, and research
development services for the engineering systems, automotive equipment and other
related areas[1]
- Market Cap ₹ 499 Cr.
- Current Price ₹ 475
- High / Low ₹ 613 / 239
- Stock P/E 36.0
- Book Value ₹ 82.6
- Dividend Yield 0.00 %
- ROCE 27.1 %
- ROE 21.1 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 79.7% CAGR over last 5 years
- Company's working capital requirements have reduced from 159 days to 121 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last 3 years: -17.6%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Services Services Commercial Services & Supplies Diversified Commercial Services
Part of Nifty SME Emerge
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| 6 | 15 | 15 | 14 | 19 | 33 | 35 | 50 | 106 | |
| 6 | 14 | 14 | 13 | 16 | 26 | 29 | 41 | 85 | |
| Operating Profit | 0 | 0 | 1 | 1 | 4 | 7 | 6 | 10 | 21 |
| OPM % | 2.8% | 2.2% | 6% | 9% | 19% | 22% | 18% | 19% | 20% |
| 0 | 1 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | |
| Interest | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 2 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| Profit before tax | 0 | 1 | 1 | 1 | 3 | 6 | 6 | 9 | 19 |
| Tax % | 31% | 29% | 27% | 30% | 28% | 29% | 26% | 26% | 26% |
| 0 | 1 | 1 | 1 | 2 | 4 | 5 | 6 | 14 | |
| EPS in Rs | 5.69 | 5.79 | 7.38 | 15.77 | |||||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 49% |
| 3 Years: | 48% |
| TTM: | 111% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 80% |
| 3 Years: | 46% |
| TTM: | 114% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 30% |
| 1 Year: | 62% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 20% |
| 3 Years: | 18% |
| Last Year: | 21% |
Balance Sheet
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 6 | 6 | 6 | 6 |
| Reserves | 1 | 1 | 2 | 2 | 5 | 20 | 24 | 53 | 66 |
| 0 | 0 | 0 | 2 | 6 | 3 | 3 | 8 | 12 | |
| 3 | 7 | 9 | 11 | 10 | 6 | 11 | 14 | 24 | |
| Total Liabilities | 4 | 8 | 11 | 16 | 21 | 34 | 44 | 81 | 109 |
| 0 | 0 | 0 | 2 | 4 | 4 | 4 | 17 | 27 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 5 | 2 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 4 | 8 | 11 | 14 | 17 | 30 | 36 | 62 | 82 | |
| Total Assets | 4 | 8 | 11 | 16 | 21 | 34 | 44 | 81 | 109 |
Cash Flows
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| 2 | 2 | 0 | -1 | -9 | 2 | -17 | 8 | ||
| -0 | -2 | 0 | -2 | -0 | -4 | -10 | -9 | ||
| -0 | 0 | 1 | 3 | 12 | -0 | 26 | 2 | ||
| Net Cash Flow | 1 | 1 | 2 | -0 | 3 | -2 | -1 | 1 | |
| Free Cash Flow | 1 | 0 | 0 | -4 | -10 | -3 | -28 | -1 | |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 536% | 294% | 16% | -23% | -98% | 61% | -154% | 54% |
Ratios
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 75 | 76 | 74 | 110 | 98 | 71 | 83 | 138 | 124 |
| Inventory Days | 0 | 0 | 52 | 76 | 100 | 81 | 149 | 470 | 84 |
| Days Payable | 373 | 738 | 335 | 48 | 148 | 172 | 113 | ||
| Cash Conversion Cycle | 75 | 76 | -247 | -552 | -137 | 104 | 84 | 436 | 94 |
| Working Capital Days | -20 | -28 | -66 | -74 | -36 | 108 | 109 | 248 | 121 |
| ROCE % | 101% | 65% | 38% | 51% | 38% | 22% | 19% | 27% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Number of Exclusive OEM Partnerships Count |
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| Permanent Employees Count |
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| Order Book INR Crore |
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| Revenue Mix - Manufacturing & Assembly Share % of total revenue |
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| Number of Vehicles in Order Book Number of vehicles |
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| Order Book - Manufacturing & Assembly Share % of total order book |
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| Product Mix - Firefighting Share within Mfg & Assembly % of Mfg & Assembly revenue |
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Extracted by Screener AI
Documents
Announcements
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Record Date
- Record date fixed for 2:5 bonus issue on November 2, 2026.
-
Shareholders meeting
- Postal ballot approved increase in authorised capital, bonus issue, and NSE main board migration on 18 Oct 2026.
-
Updates
- Corporate Governance Report not applicable for half year ended September 30, 2026 due to NSE Emerge listing.
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
- Regulation 74(5) certificate submitted for quarter ended September 30, 2026.
-
Bagging/Receiving of orders/contracts
- Anlon Technology Solutions won a Rs.45.21 lakh AMC order for Turn Table Ladder, ending 30 September 2027.
Annual reports
-
Annual Report 2026
from nse
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Annual Report 2025
from nse
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Annual Report 2024
from nse
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Annual Report 2023
from nse
Concalls
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May 2026Transcript PPT REC
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Nov 2025Transcript PPT REC
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May 2025Transcript PPT REC
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Nov 2024Transcript
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Nov 2024Transcript PPT REC
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Aug 2024PPT
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May 2024Transcript PPT
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Mar 2024PPT
Business Overview:[1]
The Company is an engineering services provider and manufacturer of infrastructure maintenance and life-saving equipment, serving the aviation, urban infrastructure, and petrochemical sectors. Its product portfolio includes mobile fire fighting trucks, runway sweeping and rubber removal machines, runway friction testing machines, disabled aircraft recovery kits, baggage handling systems, side loaders, fire blankets, line laser marking equipment, and grass cutting and collection machines, offered in collaboration with global technology partners.