Avalon Technologies Limited

Avalon Technologies Limited

AVALON.BO
Avalon Technologies LimitedIN flagBombay Stock Exchange
1,643.35
INR
-92.95
- -
109.87BMarket Cap
Avalon Technologies Limited
AVALON.BO
(Bombay Stock Exchange)

Recent

price

1,643.35

P/E

ratio

- -

div

yld

- -

ROIC.AI

2020
2021
2022
2023
2024
2025
2026
TTM
FRC
98.19
105.62
128.55
144.37
132.62
166.52
- -
240.63
Revenue per Share
1.89
3.54
10.44
8.04
4.29
9.62
- -
16.95
Basic EPS, GAAP
10.07
0.84
2.12
-2.03
2.65
3.8
- -
- -
Free Cash Flow per Basic Share
0.05
0.56
0.58
0.84
0.63
0.79
- -
- -
Dividend per Share
0.65
3.8
14.18
23.66
29.04
37.8
- -
2
Book Value per Share
0.42
4.2
13.26
81.87
83.58
92.1
- -
107.36
Tangible Book Value per Share
65
65
65
65
65
66
- -
67
Basic Weighted Avg Shares
6,411
6,896
8,393
9,427
8,651
10,981
16,032
16,032
Sales/Revenue/Turnover
7.64
7.73
9.58
9.95
4.79
7.86
8.72
8.72
Operating Margin (%)
155
157
172
197
229
286
336
336
Depreciation Expense
123
231
682
525
280
634
1,129
1,129
Net Income, GAAP
19.41
19.93
21.13
27.77
26.46
26.84
26.49
26.49
Effective Tax Rate (%)
1.92
3.35
8.12
5.57
3.23
5.78
7.05
7.05
Profit Margin (%)
-543
4
513
4,677
4,343
4,480
5,215
5,215
Working Capital
345
579
524
565
349
295
285
285
LT Debt
34
282
872
5,370
5,473
6,115
7,217
7,217
Total Equity
- -
15.47
18.71
11.12
3.92
8.56
12.03
12.03
Return on Invested Capital (%)
- -
16.33
24.97
16.31
8.82
19.97
38.8
38.8
Return on Capital (%)
- -
158.78
116.13
42.5
16.27
28.92
86.01
86.01
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
1,298
- -
1,844
LT Borrowings
105
- -
112
LT Finance Leases
228
- -
174
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
67
- -
67
Market Capitalization
66,884
58,235
61,913

Working Capital

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
8,649
- -
10,174
Cash, Cash Equivalents & STI
689
- -
1,437
Accounts Receivable, Net
3,369
- -
3,813
Inventories
4,374
- -
4,633
Total Current Liabilities
4,044
- -
4,959
Payables & Accruals
- -
- -
- -
ST Debt
1,298
- -
1,844
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
151.33%
18.01%
Free Cash Flow
- -
-20.34%
128.24%
Net Income, GAAP
- -
66.07%
78.04%
Sales/Revenue/Turnover
- -
19.74%
45.99%
Total Cash Common Dividend
- -
-8.15%
-89.44%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,351
2,010
2,143
2,148
8,651
2025
1,995
2,750
2,809
3,428
10,981
2026
3,233
3,825
4,175
4,799
16,032

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.1
1.11
1
- -
4.29
2025
-0.35
2.65
3.63
3.67
9.62
2026
2.14
3.75
4.89
6.16
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.63
2025
- -
- -
- -
- -
0.79
2026
- -
- -
- -
- -
- -
Business
Avalon Technologies Limited is an integrated electronic manufacturing services (EMS) company headquartered in Chennai, India, founded in 1995. The company specializes in providing end-to-end manufacturing solutions including printed circuit board assemblies (PCBA); custom cable assembly and wire harnesses; sheet metal fabrication encompassing aerospace-grade metals; precision machining; magnetics such as transformers, inductors, and chokes; and injection molded plastics. Avalon also delivers comprehensive system integration and box build services aimed at high-value precision engineered electronic systems. Its operations serve diverse sectors including clean energy, mobility, communication, industrial, and aerospace markets across India, the United States, China, the Netherlands, and Japan. Recently, Avalon Technologies has experienced notable growth driven by strong demand in India and international markets, with a reported 48.7% increase in revenue in the first half of fiscal year 2026. The company is strategically transitioning towards an Electronics System Design and Manufacturing (ESDM) model, enhancing its design capabilities to support long-term manufacturing initiatives, particularly in power and clean energy sectors. It has revised full-year revenue growth guidance upwards to 28%-30% and demonstrated significant expansion in its order book and profitability. Avalon has also invested in scaling its global delivery model, reinforcing comprehensive product development from PCB design to complete box build solutions for global OEM clients. The company employs over 1,900 professionals worldwide and maintains integrated facilities supporting product engineering, new product introduction, volume production, life cycle management, and supply chain logistics. Major recent operational enhancements focus on improving manufacturing precision and expanding its footprint in the renewable energy and mobility sectors. Avalon Technologies continues to prioritize quality, innovation, and timely delivery through collaboration with supplier partners and adoption of advanced manufacturing technologies. Its commitment to these objectives supports its positioning as a leading EMS provider in the global electronics manufacturing ecosystem.