Nifty

:

23346.40

Sensex

:

74294.96

75.80 (0.33%)
-19.63 (-0.03%)

Login

Nifty
Sensex

:
:

23346.40
74294.96

75.80 (0.33%)
-19.63 (-0.03%)

Avalon Technologies Ltd.

Electronics - Components

Rating :

81/99

BSE: 543896 | NSE: AVALON

Watchlist

NSE BSE

2230.00

17-Sep-2026

Open
High
Low
Previous Close

2256
2305
2204.3
2216.10

Volume
Traded Value (lacs)
52 Week High
52 Week Low

364163
820105010
2424
777.3

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

14,921.78
111.69
2

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

15,033.85
N/A
19.81

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

10 Years
5 Years
3 Years

-
13.78
22.73

EBITDA CAGR (%)

10 Years
5 Years
3 Years

-
12.18
22.61

PAT CAGR (%)

10 Years
5 Years
3 Years

-
12.31
59.23

P:E (Median)

8 Years
5 Years
3 Years

-
-
89.17

P:BV (Average)

8 Years
5 Years
3 Years

-
-
9.09

EV:EBITDA (Average)

8 Years
5 Years
3 Years

-
-
44.88

Earnings Forecasts:

(Updated: 18-09-2026)

Description 2026 2027 2028 2029
Adj EPS 16.95 25.35 36.58 52.8
P/E Ratio 131.56 87.97 60.96 42.23
Revenue 1603.21 2166.64 2879.08 3755.81
EBITDA 173.33 261.58 371.09 511.31
Net Income 112.95 172.66 248.51 351.22
ROA 9.8 13.25 15.69 18.09
P/B Ratio 20.63 16.57 12.98 9.78
ROE 16.94 20.48 23.57 25.96
FCFF -6.9 -11.51 11.03 63.83
FCFF Yield -0.05 -0.08 0.07 0.43
Net Debt 69.85 43.01 47.41 41.49
BVPS 108.09 134.54 171.75 227.99

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone

Description Jun 26 Jun 25 Var% Mar 26 Mar 25 Var% Dec 25 Dec 24 Var% Sep 25 Sep 24 Var%
Net Sales 210.64 166.49 26.52% 233.72 202.07 15.66% 214.52 151.40 41.69% 206.29 161.56 27.69%
Expenses 187.29 149.82 25.01% 209.20 180.79 15.71% 191.25 139.63 36.97% 181.21 154.24 17.49%
EBITDA 23.35 16.67 40.07% 24.52 21.29 15.17% 23.26 11.77 97.62% 25.07 7.31 242.95%
EBIDTM 11.08% 10.01% 10.49% 10.53% 10.84% 7.77% 12.15% 4.53%
Other Income 6.56 5.84 12.33% 14.97 5.43 175.69% 11.55 12.77 -9.55% 11.58 6.32 83.23%
Interest 0.52 0.92 -43.48% 1.22 0.88 38.64% 0.41 0.80 -48.75% 1.06 0.57 85.96%
Depreciation 2.76 2.29 20.52% 2.76 1.84 50.00% 2.52 1.69 49.11% 2.43 1.50 62.00%
PBT 26.63 19.30 37.98% 35.51 24.00 47.96% 31.88 22.06 44.51% 33.16 11.56 186.85%
Tax 6.48 4.72 37.29% 9.31 5.54 68.05% 8.05 5.58 44.27% 8.40 2.90 189.66%
PAT 20.15 14.58 38.20% 26.20 18.47 41.85% 23.83 16.48 44.60% 24.76 8.66 185.91%
PATM 9.57% 8.76% 11.21% 9.14% 11.11% 10.88% 12.00% 5.36%
EPS 3.02 2.18 38.53% 3.92 2.76 42.03% 3.57 2.47 44.53% 3.71 1.30 185.38%

Description Jun 26 Jun 25 Var% Mar 26 Mar 25 Var% Dec 25 Dec 24 Var% Sep 25 Sep 24 Var%
Net Sales 484.41 323.31 49.83% 479.89 342.79 40.00% 417.54 280.85 48.67% 382.46 275.02 39.07%
Expenses 426.46 293.42 45.34% 423.03 301.43 40.34% 369.58 246.22 50.10% 343.85 244.88 40.42%
EBITDA 57.96 29.88 93.98% 56.86 41.35 37.51% 47.97 34.63 38.52% 38.62 30.13 28.18%
EBIDTM 11.96% 9.24% 11.85% 12.06% 11.49% 12.33% 10.10% 10.96%
Other Income 2.82 1.66 69.88% 11.92 3.18 274.84% 7.43 9.97 -25.48% 7.91 3.92 101.79%
Interest 3.46 3.77 -8.22% 4.21 4.23 -0.47% 2.96 4.51 -34.37% 4.07 3.74 8.82%
Depreciation 8.58 8.47 1.30% 8.31 7.73 7.50% 7.95 7.36 8.02% 8.87 6.88 28.92%
PBT 48.74 19.31 152.41% 56.26 32.57 72.74% 44.49 32.72 35.97% 33.58 23.44 43.26%
Tax 13.87 5.09 172.50% 15.11 8.30 82.05% 11.89 8.73 36.20% 8.61 5.96 44.46%
PAT 34.87 14.21 145.39% 41.15 24.28 69.48% 32.60 23.99 35.89% 24.98 17.48 42.91%
PATM 7.20% 4.40% 8.58% 7.08% 7.81% 8.54% 6.53% 6.36%
EPS 5.22 2.14 143.93% 6.16 3.67 67.85% 4.88 3.63 34.44% 3.74 2.65 41.13%

Annual Results

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description TTM Mar 26 Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20
Net Sales 865.17 821.02 631.78 441.68 479.37 434.56 369.34 327.15 Net Sales Growth 26.95% 29.95% 43.04% -7.86% 10.31% 17.66% 12.90% Cost Of Goods Sold 626.21 595.67 483.37 334.02 357.35 331.05 292.74 244.48 Gross Profit 238.96 225.35 148.41 107.66 122.02 103.50 76.60 82.67 GP Margin 27.62% 27.45% 23.49% 24.38% 25.45% 23.82% 20.74% 25.27% Total Expenditure 768.95 731.49 582.38 409.87 423.50 387.53 337.92 296.06 Power & Fuel Cost - 5.14 4.71 3.57 3.35 2.61 2.60 2.64 % Of Sales - 0.63% 0.75% 0.81% 0.70% 0.60% 0.70% 0.81% Employee Cost - 91.05 63.66 48.79 42.37 34.57 27.56 31.39 % Of Sales - 11.09% 10.08% 11.05% 8.84% 7.96% 7.46% 9.59% Manufacturing Exp. - 11.03 6.63 5.35 4.28 4.05 3.00 3.53 % Of Sales - 1.34% 1.05% 1.21% 0.89% 0.93% 0.81% 1.08% General & Admin Exp. - 10.91 9.99 8.91 6.18 5.86 5.49 5.52 % Of Sales - 1.33% 1.58% 2.02% 1.29% 1.35% 1.49% 1.69% Selling & Distn. Exp. - 13.42 11.80 6.21 8.19 8.13 6.34 5.21 % Of Sales - 1.63% 1.87% 1.41% 1.71% 1.87% 1.72% 1.59% Miscellaneous Exp. - 4.28 2.21 3.03 1.79 1.25 0.20 3.29 % Of Sales - 0.52% 0.35% 0.69% 0.37% 0.29% 0.05% 1.01% EBITDA 96.20 89.53 49.40 31.81 55.87 47.03 31.42 31.09 EBITDA Margin 11.12% 10.90% 7.82% 7.20% 11.65% 10.82% 8.51% 9.50% Other Income 44.66 43.94 26.96 19.24 5.08 7.45 2.97 0.65 Interest 3.21 3.61 2.80 2.59 17.64 12.38 17.22 20.09 Depreciation 10.47 10.01 6.41 5.20 4.87 5.66 3.44 4.22 PBT 127.18 119.85 67.15 43.26 38.43 36.44 13.73 7.44 Tax 32.24 30.48 16.58 10.77 10.06 9.21 2.10 1.79 Tax Rate 25.35% 25.43% 24.69% 24.90% 26.18% 25.27% 15.29% 24.06% PAT 94.94 89.37 50.57 32.49 28.37 27.23 11.62 5.66 PAT before Minority Interest 94.94 89.37 50.57 32.49 28.37 27.23 11.62 5.66 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin 10.97% 10.89% 8.00% 7.36% 5.92% 6.27% 3.15% 1.73% PAT Growth 63.16% 76.73% 55.65% 14.52% 4.19% 134.34% 105.30% EPS 14.21 13.38 7.57 4.86 4.25 4.08 1.74 0.85

Description TTM Mar 26 Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20
Net Sales 1,764.30 1,603.20 1,098.13 867.17 944.72 840.72 690.47 641.87 Net Sales Growth 44.38% 45.99% 26.63% -8.21% 12.37% 21.76% 7.57% Cost Of Goods Sold 1,160.83 1,052.85 705.46 552.34 596.85 554.13 456.00 411.25 Gross Profit 603.47 550.36 392.66 314.84 347.88 286.59 234.47 230.61 GP Margin 34.20% 34.33% 35.76% 36.31% 36.82% 34.09% 33.96% 35.93% Total Expenditure 1,562.92 1,429.87 983.25 804.62 832.10 743.17 625.11 577.39 Power & Fuel Cost - 10.34 8.93 7.65 7.50 5.07 4.48 5.14 % Of Sales - 0.64% 0.81% 0.88% 0.79% 0.60% 0.65% 0.80% Employee Cost - 280.73 198.55 184.99 171.94 131.35 119.21 116.21 % Of Sales - 17.51% 18.08% 21.33% 18.20% 15.62% 17.27% 18.10% Manufacturing Exp. - 26.05 17.74 13.86 14.12 11.52 10.68 10.42 % Of Sales - 1.62% 1.62% 1.60% 1.49% 1.37% 1.55% 1.62% General & Admin Exp. - 27.38 25.17 25.95 19.91 20.27 17.64 20.28 % Of Sales - 1.71% 2.29% 2.99% 2.11% 2.41% 2.55% 3.16% Selling & Distn. Exp. - 22.91 19.79 12.52 14.13 12.94 7.88 7.66 % Of Sales - 1.43% 1.80% 1.44% 1.50% 1.54% 1.14% 1.19% Miscellaneous Exp. - 9.62 7.60 7.32 7.66 7.88 9.23 6.43 % Of Sales - 0.60% 0.69% 0.84% 0.81% 0.94% 1.34% 1.00% EBITDA 201.41 173.33 114.88 62.55 112.62 97.55 65.36 64.48 EBITDA Margin 11.42% 10.81% 10.46% 7.21% 11.92% 11.60% 9.47% 10.05% Other Income 30.08 28.92 17.11 14.81 14.52 10.93 6.21 11.28 Interest 14.70 15.01 16.70 16.40 34.79 24.85 26.99 44.96 Depreciation 33.71 33.60 28.57 22.90 19.66 18.00 15.75 15.51 PBT 183.07 153.65 86.71 38.05 72.69 65.63 28.83 15.29 Tax 49.48 40.70 23.27 10.07 20.19 18.16 5.75 2.97 Tax Rate 27.03% 26.49% 26.84% 26.47% 27.78% 21.21% 19.94% 19.42% PAT 133.60 112.95 63.44 27.98 52.50 63.21 21.49 11.54 PAT before Minority Interest 133.60 112.95 63.44 27.98 52.50 67.46 23.08 12.33 Minority Interest 0.00 0.00 0.00 0.00 0.00 -4.25 -1.59 -0.79 PAT Margin 7.57% 7.05% 5.78% 3.23% 5.56% 7.52% 3.11% 1.80% PAT Growth 67.08% 78.04% 126.73% -46.70% -16.94% 194.14% 86.22% EPS 20.00 16.91 9.50 4.19 7.86 9.46 3.22 1.73

Results Balance Sheet

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description Mar 26 Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20
Shareholder's Funds 819.09 726.11 673.17 656.99 225.48 208.76 190.22 Share Capital 13.35 13.23 13.14 11.59 1.60 5.10 5.03 Total Reserves 802.42 711.02 659.59 325.11 223.89 203.66 185.19 Non-Current Liabilities 12.51 9.71 11.46 30.61 28.73 11.79 11.53 Secured Loans 0.00 0.00 0.00 19.81 13.15 4.23 2.56 Unsecured Loans 0.00 0.00 0.00 0.00 7.51 2.73 4.96 Long Term Provisions 8.85 5.98 7.73 6.63 5.21 4.56 4.25 Current Liabilities 192.40 167.52 99.49 258.04 188.48 236.05 199.54 Trade Payables 127.26 109.12 48.27 64.88 56.80 98.48 65.77 Other Current Liabilities 27.62 19.79 18.72 93.05 17.95 15.67 12.96 Short Term Borrowings 35.16 36.01 27.78 96.10 109.59 118.30 117.51 Short Term Provisions 2.36 2.60 4.71 4.01 4.15 3.60 3.30 Total Liabilities 1,024.00 903.34 784.12 945.64 442.69 456.60 401.29 Net Block 103.14 91.47 54.02 46.09 42.48 36.37 30.77 Gross Block 133.82 112.68 69.53 56.56 48.08 108.52 99.53 Accumulated Depreciation 30.69 21.21 15.52 10.47 5.60 72.14 68.76 Non Current Assets 397.29 343.71 275.10 163.21 147.27 138.89 45.93 Capital Work in Progress 21.76 6.92 14.70 12.19 1.97 0.00 2.67 Non Current Investment 169.02 160.78 117.79 87.59 87.38 86.28 11.15 Long Term Loans & Adv. 103.29 84.55 77.05 17.14 15.44 16.23 1.34 Other Non Current Assets 0.08 0.00 11.54 0.20 0.00 0.00 0.00 Current Assets 626.70 559.63 509.01 782.43 295.43 317.71 355.36 Current Investments 59.67 33.17 73.97 0.00 0.00 0.00 0.00 Inventories 228.38 180.45 191.86 173.53 114.32 111.01 128.35 Sundry Debtors 287.33 277.75 174.33 131.97 141.06 169.95 184.80 Cash & Bank 38.22 53.47 50.55 420.26 7.00 26.50 23.43 Other Current Assets 13.10 2.60 5.88 18.35 33.05 10.25 18.78 Short Term Loans & Adv. 9.04 12.19 12.42 38.32 26.82 7.32 15.97 Net Current Assets 434.31 392.11 409.52 524.39 106.95 81.66 155.82 Total Assets 1,023.99 903.34 784.11 945.64 442.70 456.60 401.29

Description Mar 26 Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20
Shareholder's Funds 721.71 611.55 547.34 537.02 88.78 59.95 46.57 Share Capital 13.35 13.23 13.14 11.59 1.60 1.60 1.53 Total Reserves 705.04 596.46 533.76 205.13 87.19 58.35 45.04 Non-Current Liabilities 34.75 44.08 85.08 94.17 85.77 81.87 52.97 Secured Loans 1.23 1.88 0.36 27.32 23.92 9.89 0.20 Unsecured Loans 9.94 16.47 52.98 38.27 50.27 71.29 49.38 Long Term Provisions 14.98 10.26 13.46 11.41 8.61 7.74 7.17 Current Liabilities 495.92 368.64 274.51 544.32 399.01 379.17 366.99 Trade Payables 251.27 189.35 97.40 141.77 118.49 127.46 135.78 Other Current Liabilities 70.04 52.16 65.80 163.54 67.91 40.35 29.70 Short Term Borrowings 171.41 122.45 107.87 227.78 207.18 205.25 195.26 Short Term Provisions 3.19 4.68 3.45 11.23 5.44 6.10 6.25 Total Liabilities 1,252.38 1,024.27 906.93 1,175.51 573.56 489.25 423.40 Net Block 192.39 184.90 146.98 127.53 114.22 104.09 98.67 Gross Block 320.60 276.15 209.92 169.28 134.16 133.53 112.61 Accumulated Depreciation 128.21 91.24 62.94 41.75 19.94 29.44 13.94 Non Current Assets 234.94 207.58 198.15 163.48 123.28 109.63 110.74 Capital Work in Progress 23.94 10.40 19.64 15.29 1.97 0.00 2.67 Non Current Investment 8.90 1.78 0.00 0.00 0.00 0.00 2.35 Long Term Loans & Adv. 8.58 9.51 13.95 19.58 7.00 5.17 6.25 Other Non Current Assets 1.14 1.00 17.58 1.08 0.09 0.38 0.81 Current Assets 1,017.43 816.69 708.78 1,012.03 450.29 379.61 312.66 Current Investments 71.72 33.17 75.49 0.00 0.00 0.00 0.00 Inventories 463.29 337.90 316.34 317.90 233.02 145.78 155.26 Sundry Debtors 381.27 316.00 186.86 206.20 177.37 181.89 113.78 Cash & Bank 71.35 101.54 106.55 422.25 10.14 33.52 26.60 Other Current Assets 29.80 5.05 5.30 20.15 29.75 18.43 17.02 Short Term Loans & Adv. 22.10 23.03 18.25 45.54 22.00 13.18 13.80 Net Current Assets 521.51 448.04 434.27 467.71 51.27 0.44 -54.33 Total Assets 1,252.37 1,024.27 906.93 1,175.51 573.57 489.24 423.40

Cash Flow

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description Mar 26 Mar 25 Mar 24 Mar 23 Mar 22 Mar 21
Cash From Operating Activity 67.23 4.29 -9.78 -18.86 -4.25 84.35 PBT 119.85 67.15 43.26 38.43 36.44 11.62 Adjustment -9.13 -1.83 -4.11 16.16 17.13 13.38 Changes in Working Capital -14.50 -42.34 -38.86 -61.77 -47.53 61.70 Cash after chg. in Working capital 96.22 22.97 0.29 -7.18 6.04 86.70 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -28.99 -18.68 -10.07 -11.68 -10.29 -2.35 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity -50.27 -8.08 -204.75 -15.61 -5.14 -78.54 Net Fixed Assets -35.98 -35.37 -15.48 -18.70 58.47 Net Investments -34.74 -2.19 -104.17 -0.21 -1.10 Others 20.45 29.48 -85.10 3.30 -62.51 Cash from Financing Activity -4.33 6.29 -181.34 448.93 -9.60 -2.73 Net Cash Inflow / Outflow 12.64 2.50 -395.88 414.46 -18.98 3.07 Opening Cash & Equivalents 26.32 24.04 419.93 5.29 24.33 23.43 Closing Cash & Equivalent 38.22 26.32 24.04 419.93 5.29 26.50

Description Mar 26 Mar 25 Mar 24 Mar 23 Mar 22 Mar 21
Cash From Operating Activity 57.19 25.06 17.29 -13.24 15.66 5.52 PBT 153.65 86.71 38.05 72.69 85.62 28.83 Adjustment 42.44 46.01 37.04 45.69 23.08 36.27 Changes in Working Capital -104.87 -88.26 -41.39 -112.27 -80.52 -56.05 Cash after chg. in Working capital 91.21 44.46 33.70 6.12 28.18 9.05 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -34.02 -19.41 -16.41 -19.36 -12.52 -3.53 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity -63.60 53.80 -146.10 -25.41 -18.37 -26.26 Net Fixed Assets -35.98 -35.37 -15.48 -18.70 58.47 Net Investments -34.74 -2.19 -104.17 -0.21 -1.10 Others 7.12 91.36 -26.45 -6.50 -75.74 Cash from Financing Activity 7.90 -52.28 -250.81 452.48 -20.84 27.96 Net Cash Inflow / Outflow 1.49 26.57 -379.63 413.84 -23.55 7.22 Opening Cash & Equivalents 68.83 42.34 421.90 7.76 31.34 24.59 Closing Cash & Equivalent 71.22 68.83 42.34 421.90 7.76 31.34

Financial Ratios

Standalone /

Consolidated

Right to Left

Description Mar 26 Mar 25 Mar 24 Mar 23 Mar 22 Mar 21
Book Value (Rs.) 122.19 109.48 102.37 58.10 40.34 35.67 ROA 9.27% 5.99% 3.76% 4.09% 6.06% 2.71% ROE 11.61% 7.24% 6.44% 10.09% 12.82% 6.12% ROCE 15.28% 9.56% 6.20% 9.81% 13.97% 9.57% Fixed Asset Turnover 6.66 6.93 7.01 9.16 5.55 3.55 Receivable days 125.61 130.59 126.56 103.94 130.61 175.29 Inventory Days 90.88 107.55 150.98 109.59 94.63 118.27 Payable days 72.42 59.43 61.83 62.14 85.60 102.39 Cash Conversion Cycle 144.06 178.71 215.71 151.39 139.64 191.17 Total Debt/Equity 0.04 0.05 0.04 0.36 0.62 0.65 Interest Cover 34.23 24.98 17.68 3.18 3.94 1.80

Description Mar 26 Mar 25 Mar 24 Mar 23 Mar 22 Mar 21
Book Value (Rs.) 107.60 92.16 83.22 37.40 15.88 10.72 ROA 9.92% 6.57% 2.69% 6.00% 12.69% 5.06% ROE 17.01% 10.97% 7.33% 34.37% 90.71% 43.34% ROCE 20.34% 14.12% 7.00% 17.53% 29.93% 17.17% Fixed Asset Turnover 5.37 4.52 4.57 6.23 6.28 5.61 Receivable days 79.37 83.57 82.72 74.10 77.99 78.15 Inventory Days 91.20 108.73 133.48 106.43 82.23 79.57 Payable days 76.38 74.18 79.03 79.58 81.00 105.35 Cash Conversion Cycle 94.20 118.12 137.17 100.94 79.21 52.37 Total Debt/Equity 0.26 0.23 0.30 1.41 3.31 4.93 Interest Cover 11.24 6.19 3.32 3.09 4.45 2.07

Top Investors:

nippon life india trustee ltd-a/c nippon india small cap fund

luquman ediyanamveedu

hsbc mutual fund

axis mutual fund

lic mutual fund

hdfc large and mid cap fund

edelweiss trusteeship co ltd ac- edelweiss mf ac-edelweiss small cap fund

tata aia life insurance company limited

Annual Reports:

News Update:

Avalon Technologies, Zollner form JV for PCBA manufacturing in India
4th Sep 2026, 09:08 AM

The JV will serve customers across geographies in sectors including Health Care & Life Sciences, Test & Measurement, Rail and other Industrial verticals
Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.

Feedback