Anlon Technology Solutions Hits Rs 748 High on Bandhan’s 4.99% Bet

Anlon Technology Solutions Ltd touched an all-time high of Rs 748 on 15 Jun 2026, closing a flat session at a fresh record as the stock extended a rally that has outpaced both the Sensex and the broader market across every measured timeframe. The price sits well above every key moving average on the chart, from the 5-day line to the 200-day, and the move lands on the same page as a freshly placed institutional bet, a record quarterly profit print, and a string of small airport-services contract wins the company has filed since March 2026.

Eight days before the latest disclosure, on 3 June 2026, the board at Anlon approved a preferential allotment at Rs 398.50 per share. The shares were issued to 30 non-promoter investors on 4 June, and Bandhan Small Cap Fund emerged as the largest allottee with 3,75,000 shares, a 4.99% post-preferential shareholding. The market has now marked that stake above Rs 748, more than double the entry price, even as the company’s price-to-book ratio sits at a stretched 6.1x and the question of how much of the move is earnings and how much is multiple expansion remains open.

Anlon Technology Solutions Touches Rs 748 as the Session Closes Flat

Anlon Technology Solutions Ltd closed at Rs 748 on 15 Jun 2026, the all-time high for the stock, with zero percent change on the session. The Aerospace & Defense micro-cap traded comfortably above all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day lines. That technical positioning has held through the run, and the flat close on the day points to a consolidation phase after a steep advance rather than a break in trend.

On the day, Anlon Technology Solutions Ltd underperformed the broader Aerospace & Defense sector by 0.73%, even as the Sensex advanced 1.54%. The resilience of the stock amid broader market gains is a function of the move already in the price; the company has compounded 112.35% over the past three months, against a 2.85% gain on the Sensex over the same window, and a 100.96% return over the past year.

The all-time high of Rs 748 is reflected in Anlon Technology Solutions’ key metrics and half-yearly results profile, which records the high and low at Rs 748 and Rs 335, against a current market capitalisation of Rs 449 crores as of 15 Jun 2026 at 10:27 a.m. The 52-week low of Rs 335 frames how far the stock has travelled, while the 6.1x price-to-book multiple on the same screen quantifies the premium investors are now paying for that progress.

• Price (Rs): 748 (All-Time High)
• 1-Year Return: 100.96%
• 3-Year Return: 224.24%
• ROE: 21.87%
• Debt to Equity: 0.07 times
• Price to Book Value: 6.1 times
• PEG Ratio: 0.3

Bandhan’s 4.99% Stake Buy at Rs 398.50 Sits at Rs 748 Eight Days Later

Anlon Technology Solutions Ltd’s board approved a preferential allotment of equity shares at Rs 398.50 per share on 3 June 2026, and the company issued them to 30 non-promoter investors on 4 June. The largest allottee, Bandhan Small Cap Fund, took 3,75,000 shares for a 4.99% post-preferential shareholding. At the 15 June 2026 close of Rs 748, the stake carries a notional value of roughly Rs 28.05 crores on the original Rs 14.94 crore outlay, an outcome that, in eight trading sessions, has reframed the position from a small-cap bet into a market-moving institutional endorsement.

The allotment took Anlon Technology Solutions Ltd’s paid-up equity share capital to Rs 7,50,98,000, made up of 75,09,800 equity shares of Rs 10 each, and the pricing and shareholder list are recorded in the board-approved preferential allotment outcome filing. 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 include 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 Technology Solutions Ltd’s equity share capital, and the new shares are subject to lock-in provisions under the SEBI (ICDR) Regulations, 2018. There was no change in control as a result of the issuance.

Eight days after the allotment, on 11 Jun 2026, Anlon Technology Solutions Ltd filed a separate Regulation 30 disclosure for a Rs 77.38 Lakh order from Guwahati International Airport Limited for AMC services on a Crash Fire Tender at LGBI Airport, the fourth airport-related order the company has reported since March 2026. That disclosure followed the same regulatory template the company has used all year and is the throughline that ties the Bandhan placement to the price action, covered in detail in Anlon’s Guwahati Airport Crash Fire Tender order story.

Record Earnings Anchor the Move: 49.20% Sales CAGR, 78.62% Operating Profit Growth

The price action is not running ahead of the earnings. Anlon Technology Solutions Ltd has achieved a compound annual growth rate of 49.20% in net sales, complemented by a stronger 78.62% growth in operating profit, the company reported. The latest quarterly results put PBDIT at Rs 2.90 crores, PBT less other income at Rs 2.58 crores, and PAT at Rs 1.87 crores, all record highs. The 114% profit growth over the past year aligns closely with the stock’s 100.96% one-year return, suggesting earnings expansion, not multiple inflation, has been the bigger driver of the move.

The FY26 results the company filed on 28 May 2026 give the underlying numbers. Revenue came in at Rs 10,591.69 Lakhs in FY26, up 110.85% from Rs 5,023.30 Lakhs in FY25. Profit after tax was Rs 1,387.53 Lakhs, up 113.79% from Rs 649.01 Lakhs the year before. PAT margin expanded by 18 basis points to 13.10%. The revenue mix reflects a deliberate pivot: Manufacturing and Assembly contributed approximately 50% of revenue, AMC and Services approximately 27%, and the Distribution Business approximately 23%.

Half-yearly progression on Anlon Technology Solutions’ key metrics and half-yearly results page shows the climb in revenue and operating profit through the company’s reporting cycle. Revenue moved from Rs 13 crores in Sep 2022 to Rs 65 crores in Mar 2026, with operating profit rising from Rs 4 crores to Rs 13 crores over the same span. The OP margin held in a 18%-20% band through the period, with a 28% reading in Sep 2022 the only print above that range.

The H2 FY26 print itself was a step change. Revenue for the half came in at Rs 6,453.51 Lakhs, up 107% year on year against Rs 3,117.34 Lakhs in H2 FY25, and the P&L line items reported in the audited H2 FY26 and FY26 results filing are the basis for the operating profit margin and PAT figures the company has been quoting since the disclosure.

Six Lines Built the Rs 110.15 Crore Order Book

Anlon Technology Solutions Ltd’s order book stood at Rs 110.15 crores as of 31 March 2026, the date the company uses to anchor its revenue guidance, and it is split across six categories. Traded Equipment is the largest segment at Rs 28.80 crores, followed by Make in India at Rs 27.69 crores, Operation and Maintenance (AMC) at Rs 21.74 crores, Value Added in India at Rs 17.89 crores, Spare Parts at Rs 10.75 crores, and Commission at Rs 3.28 crores. The category split is reported in the audited H2 FY26 and FY26 results filing the company submitted to the exchanges on 28 May 2026.

Since March 2026, the company has filed four airport-related orders that slot into different lines of that order book. On 10 March 2026, Anlon Technology Solutions Ltd won a Rs 28.19 crore order from JSW Steel Limited for the manufacture, supply, and supervision of two Aircraft Rescue and Fire Fighting vehicles for the JSW Vijayanagar Airport in Karnataka, with a base value of Rs 23.89 crore and Rs 4.30 crore in GST, to be executed within 24 months of a Letter of Intent dated 25 February 2026. The contract sits inside the Make in India line. On 27 May 2026, the company disclosed a Rs 30.06 Lakh order from Bangalore International Airport Limited for the supply of spare parts (Rs 25.47 Lakh base plus Rs 4.59 Lakh GST), with execution due within 90 days post-delivery, inside the Spare Parts line. A day later, on 28 May 2026, Anlon Technology Solutions Ltd disclosed an Rs 1.60 crore contract from Yamuna International Airport Private Limited for General Vehicle Equipment Operation and Management Services (Rs 1.36 crore base and Rs 0.24 crore in GST), running from 1 April 2026 to 30 September 2026, inside Operation and Maintenance. The Guwahati order, disclosed on 11 June 2026, is also an Operation and Maintenance contract, and is the second AMC win Anlon Technology Solutions Ltd has filed in two weeks. The contracts and their revenue lines are detailed in the Guwahati Airport AMC contract news report.

The pipeline is supported by a manufacturing pivot. Anlon Technology Solutions Ltd 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 in FY26. The company lists Rosenbauer International AG and Bucher Municipal as strategic partners, and the runway cleaning machines Anlon Technology Solutions Ltd builds in India carry an approximately 30% cost advantage over imported alternatives.

The Stretched Math: 6.1x P/B, a 0.3 PEG, and a Sensex Going the Other Way

Return on equity stands at 21.87% on Anlon Technology Solutions Ltd’s books, a level that reflects efficient capital deployment for a micro-cap. The price-to-book ratio is 6.1 times, signalling that investors are paying a significant premium over net asset value. The PEG ratio of 0.3 suggests the stock’s price growth is outpacing earnings growth, and the lack of a reported P/E multiple in the latest disclosure limits a fuller read on the valuation. The arithmetic is supportive on the earnings side and demanding on the multiple side, and that is the gap the next leg of the move has to bridge.

Outperformance is the headline, but it is also the bear case. Over the past three months, Anlon Technology Solutions Ltd has climbed 112.35% against the Sensex’s 2.85% gain. The one-year return stands at 100.96%, while the year-to-date performance is 73.85%, against the Sensex’s negative 10.01% YTD return. Over three years, the stock has delivered a 224.24% gain, against the BSE500’s 21.89% rise. The outperformance is the evidence that momentum is real; the 6.1x P/B is the evidence that much of it is already in the price.

Capital structure is on the company’s side. Anlon Technology Solutions Ltd’s debt-to-equity ratio is 0.07 times, indicating a conservative balance sheet, and the company has been generating record operating profit growth at 78.62% against a 49.20% net sales CAGR. The risk is concentrated on price, not on the books. Micro-cap status, limited liquidity, and the absence of dividend data leave the floor open to a sharp re-rating on any disappointment.

What the Tape Says: Every Moving Average Cleared, Delivery Volume Up 83.82%

Technically, the position of Anlon Technology Solutions Ltd above all major moving averages supports the bullish momentum. Immediate resistance lies near Rs 635.24, the 20-day moving average area, with the prior resistance levels at Rs 451.95 (100 DMA) and Rs 433.47 (200 DMA) now well behind the current price. Delivery volumes have increased notably, with a 40.36% rise over the past month and an 83.82% jump in one-day delivery compared to the 5-day average, indicating strong investor participation. The 4.99% Bandhan Small Cap Fund stake buy at Rs 398.50, settled four trading sessions before the price pushed past the 20 DMA, lines up with the volume signature on the tape.

The Managing Director framed the year in the audited H2 FY26 and FY26 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 the audited H2 FY26 and FY26 results filing, and the same disclosure recorded that the company “remain[s] confident about sustaining profitable growth” on the back of the Rs 110.15 crore order book and the recurring service base.

Frequently Asked Questions

What is Anlon Technology Solutions’ all-time high?

Anlon Technology Solutions Ltd touched an all-time high of Rs 748 on 15 Jun 2026, with the price flat on the session. The 52-week low sits at Rs 335, against a current market capitalisation of Rs 449 crores on the same screen at 10:27 a.m. on the day of the record.

Why did the stock touch a record on 15 June 2026?

The move extends a rally that has been driven by record quarterly results, a Rs 110.15 crore order book anchored across six categories, and a 4.99% institutional stake buy by Bandhan Small Cap Fund at Rs 398.50 per share on 4 June 2026. The 28 May 2026 H2 FY26 results disclosure, the 11 June 2026 Guwahati Airport AMC order, and the 100.96% one-year return against a negative 10.01% YTD Sensex sit on the same tape.

How large is Bandhan Small Cap Fund’s stake in Anlon?

Bandhan Small Cap Fund took 3,75,000 shares in the preferential allotment approved on 3 June 2026 and issued on 4 June 2026 at Rs 398.50 per share, giving the fund a 4.99% post-preferential shareholding. The aggregate post-preferential shareholding of all 30 allottees in the issue is 16.70%.

What are Anlon’s key financial metrics for FY26?

Anlon Technology Solutions Ltd reported FY26 revenue of Rs 10,591.69 Lakhs (up 110.85% year on year) and PAT of Rs 1,387.53 Lakhs (up 113.79%), with PAT margin expanding 18 basis points to 13.10%. Net sales CAGR is 49.20% and operating profit growth is 78.62%, against a 0.07 times debt-to-equity ratio and a 21.87% return on equity.

Should retail investors chase Anlon at its all-time high?

The 6.1x price-to-book ratio, the 0.3 PEG, and the 224.24% three-year return against the BSE500’s 21.89% leave little room for a slip in execution. The Rs 110.15 crore order book and the four airport-related wins since March 2026 give a runway, but the stock is trading as a momentum position, and any disappointment in the next quarterly print could compress the multiple quickly. Investors should weigh the data points and consult a SEBI-registered adviser before acting.

Disclaimer: This article is for informational purposes only. Anlon Technology Solutions Limited is a publicly listed equity; readers should consult a SEBI-registered investment adviser before acting on any data here. Past performance is not indicative of future returns. Equity investments carry market and liquidity risk, including the possible loss of principal. Figures are accurate as of the publication date.