Anlon Technology Solutions Q4 FY26 Share Price & Earnings Call Analysis
- Market cap
- ₹425 Cr
- P/E
- 30.66
- ROE
- 21.11%
- PEG
- 0.67
- Price to sales
- 4.01
- Debt to equity
- 0.16
- 52W high / low
- ₹818 / ₹336
- Sales growth (5Y)
- 49.15%
- EBITDA margin
- 19.76%
- Net profit margin
- 13.10%
- Promoter holding
- 51.69%
- Sales (last year)
- ₹106 Cr
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]
Guidance scorecard · Q4 FY26 call
What Anlon Tech's management guided
and where it ranks in Commercial Services & Supplies
Commercial Services & Supplies
RevenueQ4 FY26 call
40%+- The company anticipates steady growth, driven by strong pent-up demand accumulated over the past 2-3 years due to COVID and policy shifts.
- FY27 is expected to be a very strong year as the company focuses on fulfilling this backlog, with growth potentially moderating thereafter.
- Current focus is on utilizing full marketing and sales potential, moving from order processing to active selling as demand grows.
- Manufacturing contribution has risen to about 65% of total revenue, expected to grow further, improving margins through economies of scale.
- Partnerships with international companies and localization efforts support scaling up and competitiveness.
- The company projects at least 50%-100% growth, supported by new orders and expanding domestic market demand.
2 more points from Anlon Tech's call on revenue
Create a free account to keep reading this call
MarginsQ4 FY26 call
FlatSee what Anlon Tech said on margins — free account, 30 seconds.
CapexQ4 FY26 call
Planned- The company is planning to double its manufacturing capacity over the next year to meet growing demand, initially through a leasing model in new industrial areas in Bangalore.
- Karnataka Government has offered 3 times the existing land to support expansion efforts, with visits from the Industrial and MSME Ministers confirming support.
- The INR50 crore fundraise will be utilized primarily to enhance bidding capacity and prepare for larger orders in Make in India and Atmanirbhar Bharat projects, enabling bids up to INR350-400 crores.
2 more points from Anlon Tech's call on capex
Create a free account to keep reading this call
FundraisingQ4 FY26 call
PlannedSee what Anlon Tech said on fundraising — free account, 30 seconds.
Order bookQ4 FY26 call
Rising- As of March 31, 2026, the total order book stood at approximately INR110.15 crores.
- Out of this, Manufacturing & Assembly accounts for around INR45 crores.
- Trading equipment orders are about INR28 crores.
- AMC contracts contribute INR21 crores, and additional trading orders are INR14 crores.
- The company is preparing to bid for projects with a capacity of INR350-400 crores, enabled by recent preferential allotment funding.
- The current bidding capacity is about INR350-400 crores, with expected conversion rates around 50-55%.
- There is an opportunity pipeline of INR500-600 crores under consideration for bidding over the next 15-18 months.
2 more points from Anlon Tech's call on the order book
Create a free account to keep reading this call
Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in Commercial Services & Supplies
on management's own guidance
- Strong growth2
- Strong growth1
- 3
Portfolio builder
Build your portfolio
from the top-ranked stocks
- 1. Pick 3–15 stocks
- 2. Choose large, mid or small cap and your sectors
- 3. Get a portfolio built from the rankings
Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Commercial Services & Supplies companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Up 2%+ | ₹41 Cr | 6.5 | |
| 2 | 40%+ | Up 0–2% | ₹25,682 Cr | 12.8 | |
| 3 | Anlon TechThis stock | 40%+ | Flat | ₹387 Cr | 27.9 |
| 4 | 40%+ | Flat | ₹97 Cr | 84.9 | |
| 5 | 40%+ | Flat | ₹92 Cr | 8.3 | |
| 6 | 20–40% | Up 2%+ | ₹17,591 Cr | 28.9 |
Sign up free to see every company in the sector ranking and track Anlon Tech.
Pro shows every company guiding 40%+ revenue growth →Full Commercial Services & Supplies rankingAnlon Tech announcements
All announcements →- Board / shareholder meeting outcomeNotableAnlon Technology Solutions Limited announces postal ballot results for capital and listing changes
- Dividend / buyback / bonusNotableAnlon Technology board proposes capital increase, bonus shares, NSE Main Board move
- Dividend / buyback / bonusNotableAnlon Technology Solutions approves share capital increase and bonus issue proposal
Financials of Anlon Tech
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Shareholder Pattern
Anlon Tech
Shareholding breakup across reporting periods.
| Mar 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | Jun 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoters + | 69.25% | 69.25% | 69.26% | 62.06% | 62.06% | 62.06% | 62.06% | 62.06% | 51.69% | 51.69% |
| FIIs + | 7.98% | 3.08% | 3.53% | 6.29% | 4.07% | 0.85% | 1.06% | 1.06% | 0.97% | 1.00% |
| DIIs + | 0.00% | 0.00% | 0.00% | 6.02% | 2.03% | 4.42% | 5.15% | 4.14% | 12.36% | 11.94% |
| Public + | 22.75% | 27.66% | 27.20% | 25.63% | 31.84% | 32.66% | 31.73% | 32.74% | 34.97% | 35.36% |
| No. of Shareholders | 474 | 526 | 729 | 804 | 1,186 | 1,146 | 1,156 | 1,204 | 1,164 | 1,264 |
Financials of Anlon Tech
Quarterly Results
Quarter-by-quarter operating performance
| Dec 2021 | Mar 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Sep 2025 | Jun 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales + | 3 | 10 | 8 | 9 | 11 | 21 | 15 | 60 |
| YoY Sales growth | +158% | +12% | +181% | |||||
| Expenses + | 3 | 7 | 6 | 8 | 8 | 16 | 17 | 45 |
| Operating Profit | 0 | 2 | 2 | 1 | 3 | 5 | -2 | 15 |
| OPM % | 9% | 23% | 23% | 6% | 27% | 23% | -16% | 25% |
| Other Income + | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 2 | 2 | 0 | 3 | 5 | -3 | 16 |
| Tax % | 8% | 33% | 28% | 31% | 29% | 25% | -22% | 25% |
| Net Profit + | 0 | 1 | 1 | 0 | 2 | 4 | -2 | 12 |
| EPS in Rs | 2.40 | 0.32 | 2.40 | 4.00 | -2.33 | 11.10 |
Financials of Anlon Tech
Profit & Loss
Annual income statement trend
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Sales + | 6 | 15 | 15 | 14 | 19 | 33 | 35 | 50 | 106 |
| Sales growth | +128% | +3% | -5% | +35% | +70% | +6% | +43% | +111% | |
| Expenses + | 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% |
| Other Income + | 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% |
| Net Profit + | 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% |
Financials of Anlon Tech
Balance Sheet
Capital structure and asset base
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 6 | 6 | 6 | 6 | 8 |
| Reserves | 1 | 1 | 2 | 2 | 5 | 20 | 24 | 53 | 66 | 121 |
| Borrowings + | 0 | 0 | 0 | 2 | 6 | 3 | 3 | 8 | 12 | 19 |
| Other Liabilities + | 3 | 7 | 9 | 11 | 10 | 6 | 11 | 14 | 24 | 35 |
| Total Liabilities | 4 | 8 | 11 | 16 | 21 | 34 | 44 | 81 | 109 | 182 |
| Fixed Assets + | 0 | 0 | 0 | 2 | 4 | 4 | 4 | 17 | 27 | 29 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 5 | 2 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets + | 4 | 8 | 11 | 14 | 17 | 30 | 36 | 62 | 82 | 153 |
| Total Assets | 4 | 8 | 11 | 16 | 21 | 34 | 44 | 81 | 109 | 182 |
Financials of Anlon Tech
Cash Flows
Operating, investing and financing cash movement
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 2 | 2 | 0 | -1 | -9 | 2 | -17 | 8 | |
| Cash from Investing Activity + | -0 | -2 | 0 | -2 | -0 | -4 | -10 | -9 | |
| Cash from Financing Activity + | -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% |
Financials of Anlon Tech
Ratios
Working capital efficiency and return 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% |
Guidance history
How Anlon Tech's guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q4 FY26 call → | 40%+ | Flat | Planned | Planned | Rising |
| Q2 FY26 call → | 40%+ | Flat | Planned | Planned | Rising |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
Momentum score · price trend
85 out of 100 — Strengthening
Over the past year its share price has done better than most of the stocks we track.
| Period | Share price change | Better than … of 1,937 stocks |
|---|---|---|
| Last 12 months | +81.7% | 91% |
| Last 6 months | +29.1% | 80% |
| Last 3 months | +15.0% | 84% |
How we calculate it
“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,937 Indian companies worth ₹500 Cr or more, with at least a year of prices).
The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Anlon Tech: 0.4 × 91 + 0.4 × 80 + 0.2 × 84 = 85.
Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.
Full methodology →This describes only how the share price has moved up to 29 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.
Continue your research
What Anlon Tech's management said in earlier quarters
- Q4 FY26 earnings call analysis →
- Q2 FY26 earnings call analysis →
- Q1 FY25 earnings call analysis →
- Q4 FY24 earnings call →
Earlier calls (1)
Others in Commercial Services & Supplies this season
- Shiv Aum Steels (Q2 FY27)
Revenue from operations for the quarter ended 30th September 2026 (Consolidated) was ₹16,593.94 Lakhs, up from ₹11,393.51 Lakhs in the quarter ended 30th…
- Plada Infotech S (Q2 FY27)
3,480.25 lakhs for the half year ended 30th September, 2025, representing an approximate year-on-year increase of 6.8%. Key results statement takeaways from Pla
- AAA Technologies (Q2 FY27)
Revenue from operations for the quarter ended 30 September 2026 was ₹391.22 lakhs, compared to ₹375.97 lakhs in the quarter ended 30 September 2025. Key…
- Kothari Products (Q2 FY27)
Segment Revenue (including other operating and inter-segment revenue) for quarter ended 30 Sept 2026: ₹22,789 lac, compared to ₹27,516 lac for quarter ended 30…
