Micro-cap company receives orders worth Rs 15,41,71,730 from Cochin International Airport & HPCL Rajasthan Refinery

Anlon Technology Solutions Limited has received two domestic orders with a total value of Rs 15,41,71,730. The first order is from Cochin International Airport Limited, valued at Rs 10,23,65,305. This contract is for the supply, testing, commissioning, and handing over of an Emergency Crash Foam Tender, to be completed within 16 months from the date of the Letter of Intent.

The second order is from HPCL Rajasthan Refinery Limited (HRRL), valued at Rs 5,18,06,425. This contract is for the supply of Chassis Mounted Fire Fighting Equipment for the Rajasthan Refinery Project. The order is to be executed within eight months from the date of the Letter of Acceptance.

About Anlon Technology Solutions Ltd

Anlon Technology Solutions Ltd, established in 2015, offers comprehensive engineering services, including training, consultancy, and research development, specifically for engineering systems and automotive equipment. The company collaborates with international OEMs, providing specialised solutions for mobile firefighting and rescue equipment, airport handling systems, road cleaning equipment, and climate control systems, among others. Anlon also manages spare parts distribution and after-sales service for equipment supplied by its partners, serving major Indian airports, refineries, and municipal corporations through annual maintenance contracts.

According to the financials, the company has a market cap of over Rs 250 crore. The shares of the company have an ROE of 15 per cent and an ROCE of 19 per cent. The stock is up over 80 per cent from its 52-week low of Rs 239 per share.

Disclaimer: The article is for informational purposes only and not investment advice.