Anlon Technology Wins ₹77.38 Lakh Crash Fire Tender AMC Order

Anlon Technology Solutions Limited has secured a ₹77.38 Lakh order from Guwahati International Airport Limited for Annual Maintenance Contract (AMC) services on a Crash Fire Tender at LGBI Airport, the company said in a stock-exchange filing on June 11, 2026. The contract was disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, with Managing Director Unnikrishnan Nair P M signing the filing. The base value sits at ₹65.58 Lakh with ₹11.80 Lakh in Goods and Services Tax added, and execution is to be completed within 12 months from the date of release of the purchase order. On its own, the order is one of the smallest Anlon has reported this year, and the line it sits in, the recurring AMC revenue line, is the second-largest segment of the company’s order book as of March 31, 2026.

The ₹77.38 Lakh Contract, Line by Line

Anlon’s June 11 disclosure names Guwahati International Airport Limited, a domestic entity, as the client, and the work as AMC service for a Crash Fire Tender at LGBI Airport. The total contract value is ₹77.38 Lakh inclusive of Goods and Services Tax, broken into a base order value of ₹65.58 Lakh and a GST component of ₹11.80 Lakh. Execution is due within 12 months from the date of release of the purchase or sales order. The disclosure, filed with the stock exchange, is captured in the Regulation 30 disclosure Anlon filed on June 11, 2026. The filing confirms the transaction is not a related party transaction and that the promoter group and group companies hold no interest in the entity awarding the order.

At ₹77.38 Lakh, the Guwahati contract slots into the Operation and Maintenance (AMC) line of Anlon’s order book, which the company reported at ₹21.74 crores as of March 31, 2026. The total executable order book stood at ₹110.15 crores on the same date, with Traded Equipment the largest segment at ₹28.80 crores. AMC’s share of that book, just under one-fifth in crores, is the part of the pipeline the latest contract adds to.

A Trail of Airport Wins Since March

The Guwahati disclosure is the fourth airport-related order Anlon has reported since March 2026. The company is winning contracts across ARFF vehicle manufacture, vehicle operations, spare parts, and AMC, with values ranging from under ₹1 crore to ₹28.19 crore.

In March 2026, Anlon won a ₹28.19 crore order from JSW Steel Limited for the manufacture, supply, and supervision of two Aircraft Rescue and Fire Fighting (ARFF) vehicles for the JSW Vijayanagar Airport in Karnataka, with a base value of ₹23.89 crore and ₹4.30 crore in GST, to be executed within 24 months of a Letter of Intent dated February 25, 2026. On May 27, 2026, the company disclosed a ₹30.06 Lakh order from Bangalore International Airport Limited for the supply of spare parts (₹25.47 Lakh base plus ₹4.59 Lakh GST), with execution due within 90 days post-delivery. A day later, on May 28, Anlon disclosed a Rs 1.60 crore contract from Yamuna International Airport Private Limited for General Vehicle Equipment Operation and Management Services, with a base of Rs 1.36 crore and Rs 0.24 crore in GST, running from April 1, 2026, to September 30, 2026. The Guwahati order closed the run on June 11. The Yamuna and Bangalore contracts are operational in nature, and the JSW and Guwahati contracts are tied to the specialised fire and rescue equipment Anlon designs and now manufactures in India.

The mix matters because the orders do not all draw on the same revenue line. ARFF vehicle manufacture sits inside Make in India, Bangalore’s spare-parts contract sits inside Spare Parts, and Yamuna’s contract sits inside Operation and Maintenance. The Guwahati order lands in the same AMC bucket as Yamuna’s. The total order book of ₹110.15 crores is built from all of them.

Eight Days Before the Disclosure, Bandhan Made a Bet

Eight days before the Guwahati disclosure, Anlon’s board approved a preferential allotment of equity shares at ₹398.50 per share on June 3, 2026, and the company issued them to 30 non-promoter investors on June 4. Bandhan Small Cap Fund emerged as the largest allottee with 3,75,000 shares, taking a 4.99% post-preferential shareholding. The allotment took Anlon’s paid-up equity share capital to ₹7,50,98,000, made up of 75,09,800 equity shares of ₹10 each, and the pricing and shareholder list are recorded in the outcome filing for the board-approved preferential allotment.

Pocketful Research Capital Private Limited took the second-largest allocation at 1,69,800 shares, accounting for a 2.26% post-preferential stake. Other named allottees included Nexus Equity Growth Fund Sch-1, Smart Horizon Opportunity Fund, Nexta Enterprises LLP, Suryatej Advisors LLP, Nishkama Enterprises Private Limited, and individual investors Sandeep Singh, Khushboo Siddharth Nahar (jointly with Siddharth Abhaikumar Nahar), and Prafull Rai. The aggregate post-preferential shareholding of all 30 allottees is 16.70% of Anlon’s equity share capital, with the new shares subject to lock-in provisions as prescribed under the SEBI (ICDR) Regulations, 2018. There was no change in control as a result of the issuance.

Anatomy of the ₹110.15 Crore Order Book

Anlon’s order book stood at ₹110.15 crores as of March 31, 2026, the date the company uses to anchor its revenue guidance. The order book is split across six categories, and the largest single segment is Traded Equipment, not the AMC business the Guwahati contract joins.

Make in India accounts for ₹27.69 crores, Value Added in India for ₹17.89 crores, Operation and Maintenance (AMC) for ₹21.74 crores, Traded Equipment for ₹28.80 crores, Spare Parts for ₹10.75 crores, and Commission for ₹3.28 crores. The category split is reported in Anlon’s audited H2 FY26 and FY26 results filing.

The financial results for FY26 sit behind that order book. Anlon reported revenue of ₹10,591.69 Lakhs in FY26, up 110.85% from ₹5,023.30 Lakhs in FY25. Profit after tax came in at ₹1,387.53 Lakhs, up 113.79% from ₹649.01 Lakhs the year before. PAT margin expanded by 18 basis points to 13.10%.

The revenue mix for FY26 reflects the same shift the order book does. Manufacturing and Assembly contributed approximately 50% of revenue, AMC and Services approximately 27%, and the Distribution Business approximately 23%. Unnikrishnan Nair P M, the company’s Managing Director, framed the year in a quoted statement from the results filing.

FY26 has been a transformational year for Anlon Technology Solutions Limited as we accelerated our transition from a service-led organization to a manufacturing-driven engineering solutions company.

Unnikrishnan Nair P M, the company’s Managing Director, made the comment in Anlon’s audited H2 FY26 and FY26 results filing.

Why the Small Order Matters More Than Its Size

Anlon reported two firsts in FY26 that frame what the AMC business is now servicing. The company became the first manufacturer in India to receive the EN 14043 Conformity Certificate from TUV SUD for Turntable Ladder with Rescue Lift equipment, and it completed the refurbishment of the world’s largest firefighting vehicle at Goa Airport.

The manufacturing pivot is anchored by partnerships with global OEMs. Anlon lists Rosenbauer International AG and Bucher Municipal as strategic partners, and the company says those ties validate its manufacturing capabilities and open new long-term growth opportunities in domestic and international markets. The runway cleaning machines Anlon builds in India carry an approximately 30% cost advantage over imported alternatives, the company has reported.

The Guwahati contract feeds back into the same service portfolio. AMC is what locks the customer to the equipment Anlon now makes, and each new maintenance contract on an ARFF or fire tender strengthens the recurring revenue base the company is building. Management laid out the throughline in Anlon’s H2 FY26 earnings call transcript.

The 90.61% One-Year Return Already on the Tape

Anlon’s share price has compounded the contract wins well before the disclosures. The stock is up +1.02% over one day, +2.83% over five days, +18.97% over one month, +71.28% over six months, and +90.61% over one year, with a five-year return of +161.71%. The June 12 disclosure is the latest data point in that run.

The Guwahati order, small in absolute terms, adds to the AMC line that contributed approximately 27% of FY26 revenue, and the company, in its FY26 results filing, said it “remain[s] confident about sustaining profitable growth” on the back of the order book and the recurring service base.

• 1 Day: +1.02%
• 5 Days: +2.83%
• 1 Month: +18.97%
• 6 Months: +71.28%
• 1 Year: +90.61%
• 5 Years: +161.71%