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Earnings Call

Avalon Technologies Earnings Call: Key Takeaways

Avalon reported record results for FY26, beating its own 40% growth guidance, while maintaining high asset turns and reducing US manufacturing losses.

Why this was an Alfa AlertRevenue beat materiality: Guided 40% growth (₹1,537cr), achieved 46% (₹1,603cr), which is a 4.3% beat on revenue, but PAT grew 78% YoY, far outstripping growth guidance.
Highlights
Revenue growth46% YoY growth for FY26, surpassing 40% guidance.
MarginsGross margins at 34.3%, upper end of guided range.
Order book₹2,196cr executable in 14 months; total book at ₹3,441cr.
Demand visibilityStrong, specifically in clean energy, mobility, and US exports.
Management confidenceExtremely 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.

Source

Earnings Call filed with BSE, NSE: AVALON. Summary written with AI assistance from the document.

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Avalon Technologies Ltd: key numbers

Share price
₹2,328.50
Market cap
₹15,574 Cr
Revenue (annual)
₹1,603 Cr
Net profit (annual)
₹113.0 Cr
P/E (TTM)
116.6×Sector 53.6×
Promoter holding
44.39%-0.03% QoQ
FII holding
7.81%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from Avalon Technologies Ltd

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20:45 IST BSE
Other Announcement

Avalon Technologies Other Announcement

Avalon Technologies Limited has issued an intimation regarding the distribution of the Annual Report for FY 2025-26 to shareholders via web-links for those without registered emails.

20:28 IST BSE
Annual General Meeting

Avalon Technologies Annual General Meeting

Avalon Technologies Limited has issued the notice for its 27th Annual General Meeting, scheduled for September 28, 2026. The meeting will address key corporate resolutions.

19:02 IST BSE
Management Change

Avalon Technologies Management Change

Avalon Technologies appointed Mr. CG Balaji as Additional Director and re-appointed three directors to its board. These leadership changes are subject to shareholder approval at the AGM.

18:29 IST BSE
Merger & Restructuring

Avalon Technologies Merger & Restructuring

Avalon Technologies entered a joint venture with Zollner Elektronik AG to establish 'Zollner Avalon Private Limited' for electronic manufacturing services in India.

11:00 IST BSE
Employee Stock Options

Avalon Technologies Employee Stock Options

Avalon Technologies Limited approved the grant of 90,000 Employee Stock Options (ESOPs) to eligible employees. The options are granted at a price of INR 1,855 each.

Value
₹16.70 Cr
Execution
Vesting over 4 years; exercise period maximum 3 years from vesting