Skip to content

    Avalon Tech

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

    Capital Goods
    Industrials
    View AVALON earnings calls
    ₹1,724
    +6.09% from avg

    Overview

    Price

    ₹1,724

    Market Cap

    ₹10.9k Cr

    Sector

    Capital Goods

    Industrials

    Rank

    2

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital2221213131313
    Reserves455887525534598637708
    Borrowings274316318342209180163213
    Other Liabilities129136183310168246290330
    Total Liabilities4505125891.2k9231.0k1.1k1.3k
    AssetsFixed Assets99104114128147185186192
    CWIP3021520101624
    Investments200075352181
    Other Assets3464084731.0k681808881967
    Total Assets4505125891.2k9231.0k1.1k1.3k

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating66616-1317250
    Cash from Investing-19-27-18-25-146540
    Cash from Financing-4228-21452-251-520
    SummaryCapital Expenditure
    Free Cash Flow49-14-2-41-18-210
    FCF Margin

    Valuation

    Assumptions

    Current — AVALON
    Price
    ₹1,742
    EPS (TTM)
    ₹16.92
    PE (TTM)
    102.9
    Profit growth
    28.7%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (77.8×) and current (102.9×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹1,742
    vs
    Fair value · 15% return
    ₹2,179
    25%Undervalued

    At 28.7% growth and a 78× exit, ₹1742 only delivers your return if you pay ₹2,179. The price is currently baking in 24% growth.

    EPS grows 28.7%/yr for 5 years, then fades to 6% over 2, exits at 78×.

    YearGrowthEPS (₹)
    FY2728.7%21.78
    FY2828.7%28.03
    FY2928.7%36.07
    FY3028.7%46.42
    FY3128.7%59.74
    FY3217.3% ·fade70.11
    FY336.0% ·fade74.32

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

    Learn to analyse Avalon Tech

    Guides on how to read this kind of business and the numbers that matter.