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 ₹ 481 Cr.
- Current Price ₹ 640
- High / Low ₹ 748 / 335
- Stock P/E 34.6
- Book Value ₹ 116
- 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: -7.19%
* 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 % | 3% | 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 | 320.00 | 660.00 | 750.00 | 740.00 | 2,140.00 | 7.92 | 8.06 | 10.38 | 22.19 |
| 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: | 32% |
| 1 Year: | 55% |
| 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/OP | 536% | 294% | 16% | -23% | -98% | 61% | -154% | 54% |
Ratios
Figures in Rs. Crores
| 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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| Order Book INR Crore |
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| Permanent Employees Count |
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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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Updates
21 July 2026 - Corporate governance report not applicable for quarter ended June 30, 2026 under SME exemption.
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Press Release
20 July 2026 - Q1 FY27 order book reached ₹114.24 crore; secured ₹18.15 crore orders and delivered India’s first certified TTL.
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Copy of Newspaper Publication
20 July 2026 - 11th AGM scheduled for 11 August 2026; newspaper notice published and e-voting details provided.
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Bagging/Receiving of orders/contracts
18 July 2026 - Anlon won domestic AMC order for Crash Fire Trucks worth Rs. 90.84 lakh for FY26-27.
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Shareholders meeting
17 July 2026 - 11th AGM on 11 August 2026; resolutions include financial adoption, director and auditor reappointments, and object clause alteration.
Annual reports
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 2024TranscriptPPT
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Nov 2024Transcript PPT REC
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Aug 2024TranscriptAI SummaryPPT
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May 2024Transcript PPT
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Mar 2024TranscriptAI SummaryPPT
Business Overview:[1]
ATSL is associated with international OEMs in the areas of Mobile Fire Fighting and Rescue equipment, Runway Rubber Removal Machine, Airport Baggage and Cargo handling, Road Cleaning Equipment, Power Transmission System, Friction Testing Machines, Climate Control Systems for off and on highway vehicles (including construction and mining equipment etc).
Company looks after the spare parts distribution and after-sales service for equipment supplied by its associates.
ATSL works with all the major airports in India such as Delhi, Mumbai, Hyderabad, Bangalore, Chennai, Refineries, Municipal Corporations etc., with whom it has Annual Maintenance Contracts