UNITED STATES
                     SECURITIES AND EXCHANGE COMMISSION
                             Washington, DC  20549
                              
                              
                              
                                    FORM 10-Q
                              
                              
                              
     (Mark One)
     [ X ]          QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)
                        OF THE SECURITIES EXCHANGE ACT OF 1934
     For the quarterly period ended:  April 30, 1997

                                         OR
                              
     [    ]         TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d)
                         OF THE SECURITIES EXCHANGE ACT OF 1934
     For the transition period from _________ to ___________

     Commission file number     0-12619
                              
                                Collins Industries, Inc.
                (Exact name of registrant as specified in its charter)
                              
                         Missouri                   
     (State or other jurisdiction of incorporation) 
                      43-0985160
     (I.R.S. Employer Identification Number)
                              
        421 East 30th Avenue   Hutchinson, Kansas           67502-2489
         (Address of principal executive offices)           (Zip Code)
                              
     Registrant's telephone number including area code  316-663-5551 
                              
                              
                              
     Indicate  by check mark whether the registrant (1) has  filed
     all  reports required to be filed by Section 13 or  15(d)  of
     the  Securities Exchange Act of 1934 during the preceding  12
     months  (or  for such shorter period that the registrant  was
     required  to file such reports), and (2) has been subject  to
     such filing requirements for the past 90 days.

                              Yes  X    No   

                 APPLICABLE ONLY TO CORPORATE ISSUERS:
                              
     Indicate  the  number of shares outstanding of  each  of  the
     issuer's   classes  of  common  stock,  as  of   the   latest
     practicable date.


     Common Stock, $.10 par value                             7,383,105
                 Class                      Outstanding at June 9, 1997
                              


               COLLINS INDUSTRIES, INC. AND SUBSIDIARIES
                              
                                  FORM 10-Q
                               APRIL 30, 1997
                              
                                    INDEX
                              
      PART I.   FINANCIAL INFORMATION                                PAGE NO.

        Item 1.  Financial Statements:

                 Consolidated Condensed Balance Sheets
                     April 30, 1997 and October 31, l996                 3

                 Consolidated Condensed Statements of Income -
                   Three and Six Months Ended April 30, 1997
                   and 1996                                              4
 
                 Consolidated Condensed Statements of Cash Flow -
                   Six Months Ended April 30, 1997 and 1996              5

                 Notes to Consolidated Condensed Financial
                   Statements                                            6

         Item 2.

                 Management's Discussion and Analysis of Financial
                   Condition and Results of Operations                   9


       PART II.  OTHER INFORMATION

         Item 1-6                                                       12


       SIGNATURES                                                       14


       PART I - FINANCIAL INFORMATION

       Item 1 - Financial Statements

                   Collins Industries, Inc. and Subsidiaries
                     CONSOLIDATED CONDENSED BALANCE SHEETS
                              
                                                     April 30,     October 31,
                                                       1997            1996
                                                    (Unaudited)
       ASSETS                                            
       Current assets:                                           
         Cash                                       $   259,919   $   255,405
         Receivables, trade and other, net            9,273,982     8,310,009
         Inventories, lower of cost or 
          market (Note 2)                            25,375,539    23,615,159
         Prepaid expenses and other current assets      708,620       459,275
            Total current assets                     35,618,060    32,639,848
                                                          
       Property and equipment, at cost:              35,001,797    34,610,370
         Less:  accumulated depreciation             23,070,690    22,573,220
       Net property and equipment                    11,931,107    12,037,150
       Other assets                                     906,373     1,067,454
            Total assets                            $48,455,540   $45,744,452
                                                          
       LIABILITIES AND SHAREHOLDERS' INVESTMENT
       Current liabilities:                                      
         Current maturities of long-term                    
          debt and capitalized leases               $ 1,132,759   $ 1,125,842
         Accounts payable                            13,759,644    13,729,044
         Accrued expenses                             4,498,576     3,580,731
            Total current liabilities                19,390,979    18,435,617
                                                          
       Long-term debt, less current maturities       12,383,416    12,827,409
       Long-term capitalized leases, less   
         current maturities                             376,277       590,601
                                                            
       Shareholders' investment:                                 
         Common stock, $.10 par value                   738,341       727,411
         Paid-in capital                             19,207,707    19,701,491
         Retained deficit                            (3,641,180)   (6,505,077)
                                                     16,304,868    13,923,825 
         Less - Treasury stock, at cost                       0       (33,000)
           Total shareholders' investment            16,304,868    13,890,825
           Total liabilities & 
             shareholders' investment               $48,455,540   $45,744,452

       (See accompanying notes)
       

                       Collins Industries, Inc. and Subsidiaries
                      CONSOLIDATED CONDENSED STATEMENTS OF INCOME
                                       (Unaudited)
                              
                              
                                  Three Months Ended       Six Months Ended
                                      April 30,                April 30,
                                   1997        1996         1997       1996
                                                     
     Sales                   $41,412,125  $37,637,590  $76,692,736  $70,046,382
                                                     
     Cost of sales            34,401,598   32,357,770   64,615,874   59,757,537
                                                     
       Gross profit            7,010,527    5,279,820   12,076,862   10,288,845
                                                            
     Selling, general and                                        
       administrative expenses 3,779,880    3,433,921    7,485,399    7,123,129
                                                            
       Income from operations  3,230,647    1,845,899    4,591,463    3,165,716
                                                            
     Other income (expense):
       Interest expense         (448,034)    (605,221)    (912,334)  (1,239,805)
       Other, net                 53,040       95,249      169,432      144,413
                                (394,994)    (509,972)    (742,902)  (1,095,392)
                                                            
     Income before provision
       for income taxes        2,835,653    1,335,927    3,848,561    2,070,324
                                                            
     Provision for income taxes  800,000            0      800,000            0
                                                            
                                                            
     Net income              $ 2,035,653  $ 1,335,927  $ 3,048,561   $ 2,070,324
                                                            
                                                            
     Earnings per share (Note 3):
                                                            
       Net income per common and                                         
         common equivalent share  $  .26       $  .18       $  .39        $  .28
                                                            
       Net income per share -
         assuming full dilution   $  .26       $  .17       $  .39        $  .28
                                                            
       Dividends per share        $ .025       $    0       $ .025        $    0


       (See accompanying notes)

                              
                       Collins Industries, Inc. and Subsidiaries
                     CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOW
                                        (Unaudited)
                              
                                                        Six Months Ended
                                                             April 30,
                                                        1997         1996
     Cash flow from operations:                           
       Cash received from customers                 $75,728,763   $69,051,998
       Cash paid to suppliers and employees         (72,827,784)  (67,575,664)
       Interest paid                                 (1,010,205)   (1,303,443)

         Cash provided by operations                  1,890,774       172,891
                                                             
     Cash flow from investing activities:                         
       Capital expenditures                            (546,288)     (376,004)
       Proceeds from sale of equipment                   16,500             0
       Other, net                                       (54,408)        7,050
                                                             
         Cash used in investing activities             (584,196)     (368,954)
                                                             
     Cash flow from financing activities:                         
       Net increase (reduction) in other borrowings     (62,029)      685,853
       Principal payments of long-term     
         debt and capitalized leases                   (589,371)     (636,514)
       Proceeds from exercise of stock options           72,200             0
       Retirement of common stock                      (260,825)            0 
       Acquisition of treasury stock                   (277,375)            0
       Payment of dividends                            (184,664)            0
                                                             
         Cash provided by (used in) financing
           activities                                (1,302,064)       49,339
                                                             
     Net increase (decrease) in cash                      4,514      (146,724)
                                                             
     Cash at beginning of period                        255,405      842,953
                                                             
     Cash at end of period                          $   259,919  $   696,229
                                                             
     Reconciliation of net income to cash provided by operations:
                                                             
       Net income                                   $ 3,048,561  $ 2,070,324
       Depreciation and amortization                    878,175    1,039,247
       Common stock issued for benefit of employees           0       49,756
       Increase in receivables                         (963,973)    (994,384)
       Decrease (increase) in inventories            (1,760,380)     328,726
       Decrease (increase) in prepaid expenses and   
         other current assets                          (249,345)      17,961 
       Increase (decrease) in accounts payable and                 
         accrued expenses                               948,445   (2,338,739)
       Gain on sale of equipment                        (10,709)           0
                                                             
     Cash provided by operations                    $ 1,890,774   $  172,891

     (See accompanying notes)
                              
     
                    COLLINS INDUSTRIES, INC. AND SUBSIDIARIES
                              
              Notes to Consolidated Condensed Financial Statements
                                    (Unaudited)
                              
                              
                              
     (1)  General

     The  preparation  of financial statements in conformity  with
     generally  accepted accounting principles requires management
     to  make  estimates and assumptions that affect the  reported
     amounts   of   assets  and  liabilities  and  disclosure   of
     contingent  assets  and  liabilities  at  the  date  of   the
     financial statements and the reported amounts of revenues and
     expenses  during the reporting period.  Actual results  could
     differ from these estimates.

     In  the  opinion  of  management, the accompanying  unaudited
     consolidated  condensed  financial  statements  contain   all
     adjustments  (consisting  of  only  normal  recurring  items)
     necessary   to  summarize  fairly  the  Company's   financial
     position  and  results of operations for the  three  and  six
     months ended April 30, 1997 and 1996, and the cash flows  for
     the six months ended April 30, 1997 and 1996.

     The   Company   suggests  that  the  unaudited   Consolidated
     Condensed  Financial Statements for the three and six  months
     ended  April  30,  1997  be  read  in  conjunction  with  the
     Company's Annual Report for the year ended October 31, 1996.
 
     (2)  Inventories

     Inventories,  which include material, labor and manufacturing
     overhead, are stated at the lower of cost (FIFO) or market.

     Major classes of inventories as of April 30, 1997 and October 31,
     1996 consisted of the following:

                                          April 30,        October 31,
                                            1997              1996
         Chassis                         $ 6,967,556       $ 6,466,570
         Raw materials & components        9,224,232         8,867,477
         Work in process                   4,220,267         3,061,276
         Finished goods                    4,963,484         5,219,836
                                         $25,375,539       $23,615,159

     (3)  Earnings per Share

     The  computation  of  earnings per  share  is  based  on  the
     weighted  average number of outstanding common shares  during
     the  period  plus  common  stock  equivalents  consisting  of
     certain shares subject to stock options.

     The shares used in the computations of earnings per share for
     the periods ended April 30 were as follows:

                                   Three Months Ended       Six Months Ended
                                         April 30,               April 30,
                                      1997      1996           1997     1996
     Primary                      7,685,554  7,521,917     7,727,362  7,404,711
     Fully diluted                7,685,554  7,727,005     7,727,362  7,507,255

     In February 1997, the Financial Accounting Standards Board issued State-
     ment of Financial Accounting (SFAS) No. 128, "Earnings per Share."  The
     new standard simplifies the computation of earnings per share (EPS) and 
     increases the comparability to international standards.  Under SFAS
     No. 128 primary EPS is replaced by "Basic" EPS, which excludes dilution 
     and is computed by dividing income available to common shareholders by
     the weighted-average number of common shares outstanding for the period.
     "Diluted" EPS, which is computed similarly to fully diluted EPS, reflects
     the potential dilution that could occur if securities or other contracts
     to issue common stock were exercised or converted into common stock.

     SFAS No. 128 is effective December 15, 1997 and does not allow for early
     adoption.  Upon adoption, all prior-period EPS information (including
     interim EPS) is required to be restated.  Pro forma EPS, under SFAS
     No. 128 for each period presented, are as follows:

                                    Three Months            Six Months
                                       Ended                   Ended
                                      April 30,               April 30,
                                    1997    1996            1997    1996
            Basic EPS               $.28    $.18            $.42    $.28
            Diluted EPS             $.26    $.17            $.39    $.28

     (4)  Contingencies and Litigation

     At   April  30,  1997  the  Company  had  contingencies   and
     litigation  pending  which arose in the  ordinary  course  of
     business.   Litigation is subject to many  uncertainties  and
     the  outcome  of  the  individual matters  is  not  presently
     determinable.    It   is  management's  opinion   that   this
     litigation would not result in liabilities that would have  a
     material   adverse  effect  on  the  Company's   consolidated
     financial position or results of operations.

     (5)  Income Taxes

     The primary difference between the Company's effective income tax
     rate and provision  for income taxes as calculated  at the federal
     statutory rate is the tax effect of utilizing net operating loss
     carryforwards and tax credits.

     (6)  Subsequent Event

     On  May  9,  1997 the Company completed the sale of  its  UVL
     (Under  Vehicle Lift) product line to The Braun  Corporation.
     The  Company will report a pretax gain of approximately  $1.1
     million  from  this sale in the third fiscal  quarter  ending
     July 31, 1997.  The UVL is one of the Company's wheelchair
     lift products which has historically represented approximately
     3% of the Company's consolidated sales and has had a negligible
     impact on the Company's earnings in recent years.  This sale will
     allow the Company to further reduce interest-bearing debt and
     focus more attention on marketing and manufacturing specialty
     vehicles.


     Item  2  -  Management's Discussion and Analysis of Financial
     Condition and Results of Operations

     RESULTS OF OPERATIONS

     Net Sales

     Sales  for  the  six months ended April 30, 1997  were  $76.7
     million  compared  to $70.0 million for the  same  period  in
     fiscal 1996.  Sales for the three months ended April  30, 1997 were
     $41.4 million compared to $37.6  million for  the  same  period
     in fiscal 1996.  These increases  were principally  due to improved 
     sales of terminal trucks.  The overall sales increases were partially 
     offset by declines in bus sales.

     The Company's consolidated sales backlog at April 30, 1997 was
     $46.9 million compared to $40.4 million at October 31, 1996 and 
     $56.5 million at April 30, 1996.  The April 30, 1996 backlog
     included a $13.2 million order from the United States Postal Service
     which has been completed.

     Cost of Sales

     Cost  of  sales for the six months ended April 30, 1997  were
     84.3% of sales compared to 85.3% of sales for the same period
     in  fiscal  1996.  Cost of sales for the  three months ended April 30,
     1997 were 83.1% of sales compared to 86.0% for the same period in
     fiscal 1996.  These decreases  were principally due to improved margins
     from ambulance  product  lines.   These decreases were  partially
     offset by lower  margins  realized  from  terminal truck products.

     Selling, General & Administrative Expenses

     Selling,  general  and  administrative  expenses  were   $7.5
     million  or 9.8% of sales for the six months ended April  30,
     1997  compared to $7.1 million or 10.2% of sales for the  six
     months  ended  April 30, 1996.  The increase was  due  to  an
     increase in the sales force for ambulance products.

     Other Income (Expense)

     Interest expense for the six months ended April 30, 1997  was
     $.9  million compared to $1.2 million for the same period  in
     fiscal 1996. Interest expense for the three months ended April 30,
     1997  was  $.4 million compared to $.6 million for  the  same
     period   in  fiscal  1996.   These  declines  resulted   from
     reductions in  the  Company's  interest-bearing debt.

     Income Taxes

     The  Company recorded a provision for income taxes of $.8  million,
     for the three and six months ended April 30, 1997. The primary
     difference between the Company's effective income tax rate
     and the provision for income taxes calculated at the federal statutory
     rate is due to the utilization of net operating losses and tax credits.
     The  Company's   net operating  loss and general business tax credit
     carryforwards at  October 31, 1996 were approximately $1.8 million
     and  $.3 million, respectively.

     Net Earnings

     The  Company's net income was $3.0 million ($.39  per  share)
     for  the  six  months ended April 30, 1997 compared  to  $2.1
     million ($.28 per share) for the same period in fiscal  1996.
     This   improvement  was  principally  due  to  the   improved
     operations  in  the  Company's ambulance product  lines  with
     smaller  improvements in the terminal truck and  bus  product
     lines  and  decreases  in  interest expense  associated  with
     reduced borrowings.  These improvements in net income were
     partially offset by a provision for income taxes of $.8 million
     ($.10 per share) discussed in the immediately preceding paragraph.

     The Company's net income for the quarter ended April 30, 1997
     was  $2.0  million ($.26 per share) compared to $1.3  million
     ($.18 per share) for the same period in fiscal 1996.  The net
     income   change  is  principally  due  to  the  same  reasons
     discussed in the immediately preceding paragraph.

     Other

     On May 9, 1997 the Company completed the sale of its UVL (Under
     Vehicle Lift) product line to The Braun Corporation.  The Company
     will report a pretax gain of approximately $1.1 million from this
     sale in the third fiscal quarter ending July 31, 1997.  The UVL
     is one of the Company's wheelchair lift products which has historically
     represented approximately 3% of the Company's consolidated sales and
     has had a negligible impact on the Company's earnings in recent years.
     This sale will allow the Company to further reduce interest-bearing
     debt and focus more attention on marketing and manufacturing specialty
     vehicles.
 

     LIQUIDITY AND CAPITAL RESOURCES:

     The  Company used existing credit lines, internally generated
     funds  and  supplier  financing to fund  its  operations  and
     capital expenditures for the quarter ended April 30, 1997.

     Cash  provided  by operations was $1.9 million  for  the  six
     months  ended April 30, 1997 compared to $.2 million for  the
     six months ended April 30, 1996.  Cash provided by operations
     principally  resulted  from  the  Company's  net  income ($3.0
     million), depreciation ($.9 million) and an increase in accounts
     payable ($.9 million), and was partially offset by increases in 
     inventories ($1.8 million) and receivables ($1.0 million) during 
     the six months ended April 30, 1997.
 
     Cash used in investing activities was $.6 million for the six
     months  ended April 30, 1997 compared to $.4 million for  the
     six  months ended April 30, 1996.  The increased use of  cash
     was  principally  due to higher capital expenditures  for the
     six months ended April 30, 1997.

     Cash used in financing activities was $1.3 million  for
     the  six  months  ended April 30, 1997 compared  to  cash
     provided by financing activities of $.1 million for  the  six
     months   ended  April  30,  1996.   This  change  principally
     resulted from decreases in borrowings, principal repayments of
     debt ($.6 million), the acquisition of treasury stock ($.3 million),
     the retirement of common stock ($.3 million) and the payment of
     dividends ($.2 million) in the six months ended April  30, 1997.

     The Company resumed the payment of dividends with a $.025 per share
     dividend paid March 14, 1997.  This is the first dividend declared
     since August of 1993.  The Company intends to pay regular quarterly
     dividends in the future subject to results of operations,
     limitations imposed by the Company's loan agreements and applicable 
     to law.

     The  Company believes that its cash flow from operations and
     bank  credit lines will be sufficient to satisfy  its 
     working capital and capital expenditure requirements in the
     immediate future.

     At  April  30,  1997  there were no  significant  or  unusual
     contractual commitments or capital expenditure commitments.
  

     PART II - OTHER INFORMATION


     Item 1 - Legal Proceedings

     Not Applicable

     Item 2 - Changes in Securities

     Not Applicable

     Item 3 - Defaults on Senior Securities

     Not Applicable
 
     Item 4 - Submission of Matters to a Vote of Security Holders

     The  Company's 1997 Annual Meeting of Shareholders  was  held
     February  28,  1997.  Mr. Lewis W. Ediger  and  Mr.  Arch  G.
     Gothard, III were each elected as a director for a three year
     term.   Mr.  Ediger  received 5,872,120 votes for, 594,024 
     against and no abstentions.   Mr.  Gothard received 5,871,557 
     votes for, 594,587 against and no abstentions.  The other directors
     whose term  of office  continued after the meeting were:   Don  L.
     Collins, Donald Lynn Collins, Don S. Peters and Robert E. Lind.
   
     The  Company also approved the Collins Industries, Inc.  1997
     Omnibus Incentive Plans, a copy of which is set forth in  the
     Proxy Statement.   The  proposal received 3,878,326 affirmative  votes,
     862,393   negative  votes,  with  93,558  abstentions.    The
     proposal was approved by 59.9% of the quorum.

     For the fiscal year ending October 31, 1997, the Company also
     ratified   the   appointment  of   its   independent   public
     accountants,  Arthur Andersen LLP at its 1997 Annual  Meeting
     of  Shareholders.  Accordingly, Arthur Andersen LLP  received
     6,448,860   votes  for,  3,850  votes  against   and   13,434
     abstentions.

     Item 5 - Other Information

     Not Applicable

     Item 6 - Exhibits and Reports on Form 8-K

     (a)  Exhibits:

             27.0 - EDGAR Financial Data Schedule

     (b)  Reports on Form 8-K:

          The Company filed Forms 8-K, all of which reported
          information under Item 5 of Form 8-K, on the following
          dates:

          February 7, 1997
          February 13, 1997
          March 3, 1997
          March 10, 1997
          April 18, 1997




                                     SIGNATURE


     Pursuant  to the requirements of the Securities Exchange  Act
     of  1934,  the registrant has duly caused this report  to  be
     signed  on  its  behalf  by  the undersigned  thereunto  duly
     authorized.


                                   COLLINS INDUSTRIES, INC.
                                   (REGISTRANT)





      DATE   June 11, 1997         s/Larry W. Sayre
                                   LARRY W. SAYRE
                                   VICE PRESIDENT - FINANCE AND
                                   CHIEF FINANCIAL OFFICER
                                   (PRINCIPAL ACCOUNTING OFFICER)