ALFA Finder
| Market Cap | ₹487.97 CrSmall Cap |
|---|---|
| P/E Ratio | 35.17Sector PE 51.6 |
| 1-Year Return | 84.09%Outperforming |
| Promoter Holding | 51.69%Stable |
| Metric | Q2-27 | Q1-27 | Q2-26 |
|---|---|---|---|
| Revenue from Operations | 59.7 | 14.6 | 21.3 |
| Other Income | 1.8 | 0.4 | 0.4 |
| Total Income | 61.5 | 15.0 | 21.7 |
| Profit Before Tax | 15.6 | -3.2 | 4.7 |
| Net Profit | 11.7 | -2.5 | 3.5 |
| Operating Margin | 25.4% | -21.3% | 21.7% |
| Net Profit QoQ | +568.0% | ||
| Net Profit YoY | +234.3% | ||
| Adj. Profit QoQ | +483.3% | ||
| Adj. Profit YoY | +220.9% | ||
Key highlights
- Net profit reached ₹11.7 crore, representing a 234.3% increase compared to ₹3.5 crore in Q2-26
- Revenue from operations grew 180% year-on-year to ₹59.7 crore from ₹21.3 crore
- Operating margins rebounded to 25.4% from a negative 21.3% in the previous quarter (Q1-27)
- The company reported an order book of ₹141.19 crore as of July 31, 2026
- Shareholders approved the migration from the NSE SME platform to the NSE Main Board on October 18, 2026
Ind AS Adoption and Revenue Scaling
Anlon Technology Solutions has voluntarily adopted Indian Accounting Standards (Ind AS) starting April 1, 2026, with the transition date being April 1, 2025. This first set of Ind AS compliant results shows a dramatic scaling of operations, with total income for the quarter reaching ₹61.5 crore, up from ₹21.7 crore in the same period last year. The transition has led to adjustments in how interest income and financial assets are recognized.
Despite these accounting shifts, the underlying business momentum remains strong, particularly in airport infrastructure and industrial machinery, aligning with management's earlier guidance of targeting 30% to 35% growth for the full fiscal year 2027.
Segment Performance and Operational Recovery
- The Engineering segment contributed ₹41.77 crore to the total revenue for the quarter
- Manufacturing and Assembly operations accounted for ₹17.95 crore of the quarterly turnover
- Profit before tax stood at ₹15.6 crore, a sharp recovery from the ₹3.2 crore loss recorded in Q1-27
- Operating expenses were managed effectively at ₹45.9 crore compared to ₹18.15 crore in the preceding quarter
- The company reported a basic earnings per share (EPS) of ₹11.09 for the quarter
Utilization of Preferential Issue and Capital Base
During the half-year ended September 30, 2026, the company successfully utilized proceeds from a preferential issue of 12,54,400 equity shares priced at ₹398.50 each. Out of the total ₹49.98 crore raised, approximately ₹40.62 crore has been deployed toward working capital requirements, while ₹3.34 crore covered issue expenses. The remaining balance of ₹5.74 crore is currently held in fixed deposits and current accounts.
Following the quarter-end, the company further expanded its equity base by allotting bonus shares in a 2:5 ratio on November 3, 2026, reflecting management's commitment to rewarding shareholders amid the planned migration to the NSE Main Board.
Auditor Opinion and Financial Health
The Limited Review Report of the Statutory Auditors are with unmodified opinion with respect to the Unaudited Financial Results (Standalone) of the Company for the Quarter and Half Year ended 30th September, 2026.
| Date | Announcement | Amount |
|---|---|---|
| 28 May 2026 | Management guidance for FY27 targeting operational and financial growthSource: perplexity.ai | – |
| 26 May 2026 | Audited Standalone Financial Results for FY26 (Revenue from Operations)Source: NSE filing | ₹105.92 Cr |
| 15 Nov 2025 | Management guidance for FY27 targeting 30% to 35% growthSource: scribd.com | – |
| 11 Nov 2025 | Unaudited Standalone Financial Results for H1 FY26 (Revenue from Operations)Source: NSE filing | ₹41.38 Cr |
| 16 May 2025 | Audited Standalone Financial Results for FY25 (Revenue from Operations)Source: NSE filing | ₹50.23 Cr |
| 11 Nov 2024 | Unaudited Standalone Financial Results for H1 FY25 (Revenue from Operations)Source: NSE filing | ₹19.06 Cr |
What to watch next
- Formal execution of the migration from NSE SME (Emerge) to NSE Main Board
- Execution progress of the ₹141.19 crore order book as of July 31, 2026
- Impact of bonus share allotment on the upcoming Q3-27 EPS figures
- Potential new contract wins in the airport infrastructure expansion space
| Share price | ₹557.2 |
|---|---|
| Market capitalisation | ₹487.97 Cr |
| Revenue (annual) | ₹105.92 Cr |
| Net profit (annual) | ₹13.88 Cr |
| P/E (TTM) | 35.17×Sector 51.6× |
| Promoter holding | 51.69% |
| FII holding | 1%Current quarter |
Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.
Exchange filing by Anlon Technology Solutions Limited announcing its unaudited standalone financial results for Q2 FY2026-27. Market figures from a third-party data provider.
