| Revenue growth | 46% YoY growth for FY26, surpassing 40% guidance. |
|---|---|
| Margins | Gross margins at 34.3%, upper end of guided range. |
| Order book | ₹2,196cr executable in 14 months; total book at ₹3,441cr. |
| Demand visibility | Strong, specifically in clean energy, mobility, and US exports. |
| Management confidence | Extremely high, setting aggressive goal to double revenue by FY29. |
Growth
Achieved 46% revenue growth, exceeding the 40% guidance, driven by a 59% surge in US operations.
Outlook
New revenue target to double from ₹1,603cr to ₹3,200cr by FY29; guided FY27 growth at 24-27%.
Risks
High client concentration (top 10 at 61%) and potential execution delays in long-gestation semiconductor equipment programs.
Earnings Call filed with BSE, NSE: AVALON. Summary written with AI assistance from the document.
Avalon Technologies Ltd: key numbers
- Share price
- ₹2,039.90
- Market cap
- ₹13,647 Cr
- Revenue (annual)
- ₹1,603 Cr
- Net profit (annual)
- ₹113.0 Cr
- P/E (TTM)
- 102.1×Sector 51.9×
- Promoter holding
- 40.35%-4.04% QoQ
- FII holding
- 11.13%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Avalon Technologies Ltd
All →Avalon Technologies Promoter Reclassification
Promoter Bhaskar Srinivasan seeks reclassification to public category, with his family trusts, under Regulation 31A. The board will consider it on 12 November 2026.
Avalon Technologies Board Meeting Date
Avalon Technologies scheduled a board meeting for 12 November 2026 to consider Q2 and H1 unaudited results. This is a prior intimation with no completed decision yet.
Avalon Technologies Employee Stock Options
Avalon Technologies allotted 16,138 equity shares to employees on 30 October 2026 under its 2022 ESOP scheme. Paid-up capital rose by Rs 32,276 across the allotment.
Avalon Technologies Convertible Warrants
Avalon Technologies issued an EGM notice for 21-Nov-2026 to approve convertible warrants via private placement and a related AoA alteration. No monetary value is disclosed in the notice.
Avalon Technologies Preferential Issue
Avalon Technologies intimated an EGM on 21 Nov 2026 seeking approval for AoA alterations and a preferential issue of 19,37,808 warrants to Zollner Elektronik AG. The warrants aggregate about ₹425 Crore at ₹2,193.20 each.
- Value
- ₹425.0 Cr
- Execution
- Warrants exercisable for 18 months from allotment
Avalon Technologies Fund Raise of ₹425 Cr
Avalon Technologies' board approved a preferential warrant issue to Zollner Elektronik AG worth about ₹425 Crore. Shareholder approval is required at an EGM on 21 November 2026.
- Value
- ₹425.0 Cr
- Execution
- Warrants exercisable within 18 months from allotment