diff --git a/pkgs/development/python-modules/allantools/default.nix b/pkgs/development/python-modules/allantools/default.nix
new file mode 100644
index 000000000000..ea30c65cad47
--- /dev/null
+++ b/pkgs/development/python-modules/allantools/default.nix
@@ -0,0 +1,53 @@
+{
+  lib,
+  buildPythonPackage,
+  fetchFromGitHub,
+  hatchling,
+  matplotlib,
+  numpy,
+  numpydoc,
+  pytest,
+  scipy,
+  pythonOlder,
+  pytestCheckHook,
+}:
+
+buildPythonPackage rec {
+  pname = "allantools";
+  version = "2024.06";
+  pyproject = true;
+
+  src = fetchFromGitHub {
+    owner = "aewallin";
+    repo = "allantools";
+    tag = version;
+    hash = "sha256-dF19aSpIioOm0BnwrLkMe/DtfgWSKFnX4c/Xs1O2Quw=";
+  };
+
+  build-system = [
+    hatchling
+  ];
+
+  dependencies = [
+    matplotlib
+    numpy
+    numpydoc
+    pytest
+    scipy
+  ];
+
+  nativeCheckInputs = [
+    pytestCheckHook
+  ];
+
+  pythonImportsCheck = [
+    "allantools"
+  ];
+
+  meta = {
+    description = "Allan deviation and related time & frequency statistics library in Python";
+    homepage = "https://github.com/aewallin/allantools";
+    license = lib.licenses.lgpl3Plus;
+    maintainers = with lib.maintainers; [ kiranshila ];
+  };
+}
diff --git a/pkgs/top-level/python-packages.nix b/pkgs/top-level/python-packages.nix
index 3aa1ac9f8bfd..0215d25e1909 100644
--- a/pkgs/top-level/python-packages.nix
+++ b/pkgs/top-level/python-packages.nix
@@ -609,6 +609,8 @@ self: super: with self; {
 
   aliyun-python-sdk-sts = callPackage ../development/python-modules/aliyun-python-sdk-sts { };
 
+  allantools = callPackage ../development/python-modules/allantools { };
+
   allpairspy = callPackage ../development/python-modules/allpairspy { };
 
   allure-behave = callPackage ../development/python-modules/allure-behave { };