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Earnings Call

Avalon Technologies Earnings Call: Key Takeaways

Avalon reported its best year with 46% revenue growth in FY26. Management is transitioning from EMS to high-margin box builds, with significant expansion in U.S. operations and semiconductor equipment.

Why this was an Alfa AlertRevenue beat: Guided 40% growth for FY26, achieved 46% (representing a 15% beat above the guided rate). Management explicitly confirmed results were ahead of guidance.
Highlights
Revenue growth46% YoY for FY26; 40% YoY for Q4.
MarginsGross margins 33.7%-34.3%; India EBITDA strong at 16.7%.
Order bookINR 2,196cr, up 24.7% YoY.
Demand visibilityStrong; order book execution period averages 14 months.
Management confidenceHigh; citing 7 consecutive quarters of growth and strong visibility.

Growth

FY26 revenue INR 1,603cr (up 46% YoY). Q4 PAT INR 41.2cr; EBITDA margin 11.8%.

Outlook

Guidance of 24-27% revenue growth for FY27. Targeting INR 3,200cr revenue by FY29.

Risks

U.S. manufacturing currently loss-making (INR 5cr in Q4). Geopolitical uncertainty and potential supply chain disruptions.

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