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Earnings Call Transcript

Avalon Technologies Earnings Call Transcript: Key Takeaways

Avalon reported a strong Q1 with 50% YoY revenue growth, leveraging a 23.4% ROCE and improving working capital cycle.

Guidance and delivery
Revenue guidance 27.0% → 30.0% Raised by 3.0 percentage points
Management target Revenue 100.0% FY29
Highlights
Revenue growth50% YoY growth to 484Cr, driven by diverse sector verticals.
MarginsEBITDA margins improved to 12% due to operating leverage.
Order book2,208Cr with 14-month execution timeline; grew 23.4% YoY.
Demand visibilityStrong visibility across aerospace, clean energy, and semi-conductor equipment.
Management confidenceHigh, focused on doubling revenue every three years with discipline.

Growth

Revenue grew 50% YoY to 484Cr, driven by clean energy and industrial sectors; box-build mix rose to 59.9%.

Outlook

Guidance raised to 26-30% growth for FY27; targeting 3,200Cr revenue by FY29.

Risks

US manufacturing losses persist at 4Cr, and high client concentration remains a potential structural bottleneck.

Source

Earnings Call Transcript 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.

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Avalon Technologies Other Announcement

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Annual General Meeting

Avalon Technologies Annual General Meeting

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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