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Avalon Tech share price & results

Avalon Tech· Capital Goods· Industrials

Results to
Jun 2026
Latest analysed call
Q1 FY27
Ownership as of
Sept 2026

Vertically integrated EMS contract manufacturer building complex electronics box-builds from 15 plants in India and the US.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue211 ₹ crore+27.1% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin11.0 %+1.0 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit20.0 ₹ crore+33.3% YoYQuarterly, as filedQuarter to Jun 2026Profit after tax as filed.
Return on equity20.12 %+6.7 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin0.19 %+2.1 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)44.35 %+19.3 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

10 of 12 judged targets kept · 8 open · verdicts reflect calls analysed to Q1 FY27.

Avalon Tech management guidance track record on Inve: 20 targets tracked across analysed earnings calls (10 achieved, 2 missed, 8 open).

TargetOriginal wordingSaidLatest callVerdict
FY26 Revenue Growth18% to 20%
Call transcript, Q4 FY25 · 7 May 2025		Q4 FY25Q1 FY27:Target achieved in prior fiscal year.
Call transcript, Q1 FY27 · 5 Aug 2026		Achieved
US Operations ProfitabilityPAT-positive in next 12-18 months
Call transcript, Q3 FY25 · 6 Feb 2025		Q3 FY25Q1 FY27:PAT loss was ~INR 4 crores in Q1 FY27. The original 18-month deadline (ending Q1 FY27) for PAT positivity has passed, confirming the miss.
Call transcript, Q1 FY27 · 5 Aug 2026		Missed
FY27 Revenue Growth24% to 27%
Call transcript, Q4 FY26 · 7 May 2026		Q4 FY26Q1 FY27:Revised FY27 revenue growth guidance upward to 26% to 30% based on strong Q1 momentum.
Call transcript, Q1 FY27 · 5 Aug 2026		Revised Up

Source: Inve Guidance Tracker for Avalon Tech · to Q1 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

2 of Avalon Tech's 20 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 17 more targets are in the full ledger.

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Price

₹2,168.8 +8.32% · +₹166.6

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance +93.5% 1Y

₹1.0k₹1.5k₹2.0k₹2.5kOct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 6 Nov 2025Q3 FY26 — 5 Feb 2026Q4 FY26 — 7 May 2026Q1 FY27 — 5 Aug 2026

1Y: ₹1,120.6 on 24 Oct 2025 → ₹2,168.8. High ₹2,537.7 (18 Sept 2026), low ₹793.85 (28 Jan 2026).

Previous close
₹2,002.2
Market cap
₹13.4k Cr
52-week range
₹793.85 – ₹2,537.7
One year
+90.93%
Price to earnings (TTM to Jun 2026)
99.93×
Return on equity (TTM to Jun 2026)
20.12%

Overview

Symbol
NSE:AVALON
Industry
Industrials
Exchange
NSE
Currency
INR

What Avalon Tech does

Based on the company's own presentations, annual report and earnings calls.

Avalon Technologies is an Electronics Manufacturing Services (EMS) company that designs, builds and tests complex electronic and electromechanical products as a contract manufacturer for customers in railways, aerospace, automotive, industrial automation, clean energy, communication, medical and defence. It earns revenue by taking a product from PCB design and prototyping through cable/wire-harness assembly, sheet-metal and plastics fabrication, magnetics, system integration and full box-build, and then handling functional testing, repair and reverse logistics on the customer's behalf. Manufacturing is carried out at facilities in Chennai and Bengaluru in India and Atlanta and Fremont in the US, under a hybrid 'Make in India / Make in US' delivery model serving customers across India, the US, Europe and Japan.

Segments

  • Industrials (Power & Automation)
  • Mobility / Transportation (Automotive, Railways, Aerospace)
  • Communication (Telecom & Satellite, Digital Infrastructure)
  • Clean Energy (Solar, Electric Vehicle, Hydrogen)
  • Medical & Others (Medical, Defence & Others)
Manufacturing units
15 across India and the US
Design & manufacturing facility area
>575,000 sq. ft.
Manufacturing locations
Chennai (12 units) and Bengaluru (2) in India; Atlanta and Fremont in the US
Employees
2,500+
PCB design / analysis engineers
130
Quality & EHS certifications
ISO 9001, ISO 27001, ISO 14001:2015, ISO 45001:2018, IATF 16949:2016, ESD 20.20
Founded 1999Headquarters Chennai, Tamil Nadu, IndiaEmployees 2,500 (March 2025 (FY2025 Annua) Company website

How the price took the results

close before → close after

Q1 FY27
+1.0%
5 Aug
Q4 FY26
+9.1%
7 May
Q3 FY26
−1.0%
5 Feb
Q2 FY26
−7.7%
6 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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