Fire fighting vehicle company bags new order worth 6,20,25,144.09 from Pushpak Airport Leasing Solution Pvt Ltd
The stock is up by 60 per cent from its 52-week low of Rs 239 per share.
Anlon Technology Solutions Limited has secured an order from Pushpak Airport Leasing Solution Private Limited for the supply, installation, testing, and commissioning of a Refurbished Aircraft Rescue and Fire firefighting vehicle (ARFF) for Manohar International Airport, Mopa, Goa. The contract also includes a 5-year Annual Maintenance Contract (AMC) post-commissioning. This order is in compliance with Para B of Part A of Schedule III of the Listing Regulations, 2015, and is considered a domestic entity contract. The delivery, installation, testing, commissioning, and handover are expected by August 2025.
The total consideration for the supply, installation, testing, and commissioning amounts to Rs. 4,59,39,847 plus Rs 82,69,172.46 GST, bringing that portion to a total of Rs 5,42,09,019.46. The 5-year AMC is priced at Rs 66,23,834.43 plus Rs 11,92,290.20 GST, totalling Rs 78,16,124.63. The grand total for the entire order, including GST, comes to Rs 6,20,25,144.09.
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About the Company
Established in 2015, Anlon Technology Solutions Limited is a prominent provider of engineering services, specialising in automotive chassis-based systems for diverse sectors such as airports, high-rise buildings, and refineries. Their comprehensive offerings span engineering, design, fabrication, installation, maintenance, and service for various products. Anlon's core revenue streams include equipment sales, spare parts trading, and ongoing maintenance and service. The company boasts a significant presence across India, holding Annual Maintenance Contracts (AMCs) with all major airports and serving key metropolitan areas including Delhi, Mumbai, Hyderabad, Bangalore, and Chennai.
According to the financials, the company has a market cap of Rs 231 crore. The shares of the company have an ROE of 15 per cent and an ROCE of 20 per cent. The stock is up by 60 per cent from its 52-week low of Rs 239 per share.
Disclaimer: The article is for informational purposes only and not investment advice.