Avalon Technologies Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Strong return on equity (ROE 16.9%)
- Efficient capital deployment (ROCE 19.5%)
- Low debt relative to equity (D/E 0.3x)
Concerns
- Premium to sector peers (P/E 110x vs industry 48.4x)
- High premium to book value (P/B 14x)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| HAL Hindustan Aeronautics Limited | ₹4,856 | ₹3.2L Cr | 34.8 | 7.91 | 24 | 32 | 0 |
| BEL Bharat Electronics Limited | ₹405 | ₹3.0L Cr | 48.2 | 12.36 | 27.4 | 36.4 | 0 |
| TMCV Tata Motors Limited | ₹475 −0.03% | ₹1.7L Cr | 22.7 | 10.71 | 34 | 35.9 | 0.44 |
| ABB ABB India Limited | ₹7,410 | ₹1.6L Cr | 102 | 16.8 | 22.4 | 29.9 | 0.02 |
| BHEL Bharat Heavy Electricals Limited | ₹431 | ₹1.5L Cr | 61.7 | 5.74 | 6.23 | 9.14 | 0.45 |
| SIEMENS Siemens Limited | ₹3,977 | ₹1.4L Cr | 94.2 | 10.22 | 19.2 | 21.4 | 0.01 |
| CGPOWER CG Power and Industrial Solutions Limited | ₹891 | ₹1.4L Cr | 110 | 17.61 | 20.5 | 26.7 | 0.02 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
AVALON · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 50.98% | 50.91% | 50.88% | 50.69% | 50.58% | 50.57% |
| FII | 5.70% | 2.43% | 2.56% | 2.97% | 5.39% | 7.13% |
| DII | 17.07% | 22.47% | 23.19% | 23.75% | 20.87% | 17.32% |
| Public | 26.27% | 24.19% | 23.38% | 22.59% | 23.16% | 24.99% |
Corporate Events
To consider and approve the financial results for the period ended Jun 30, 2026
Latest News
All newsAvalon, Zollner form JV for electronics manufacturing in India
*Avalon, Zollner form JV for electronics manufacturing in India* — Avalon Technologies has partnered with Germany’s Zollner Elektronik AG to launch a joint venture focused on advanced electronics manufacturing in India. The move aligns with the government’s PLI scheme and aims to boost local production. The JV targets **₹200 crore** revenue in 3 years and will invest **₹100 crore** initially. 📊 *STOCKS:* $AVALON | 🏢 *SECTOR:* Corporate | #MEDIUMIMPACT #JointVenture
Avalon Technologies allots 24,058 shares under ESOP scheme
*Avalon Technologies allots 24,058 shares under its ESOP/ESOS/ESPS scheme.* The move is part of employee compensation and does not significantly alter promoter holding. **24,058 shares** were allotted, impacting equity structure minimally. Such routine corporate actions are common in mid-cap firms. 📊 *STOCKS:* AVALON | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #ESOP
Financials
Quarterly Results
| Metric | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹480 Cr 14.8% | ₹418 Cr 9.4% | ₹382 Cr 18.3% | ₹323 Cr 5.8% | ₹343 Cr 22.1% | ₹281 Cr 2.2% | ₹275 Cr 38.2% | ₹199 Cr |
| Op. Profit | ₹57 Cr 18.8% | ₹48 Cr 23.1% | ₹39 Cr 30.0% | ₹30 Cr 26.8% | ₹41 Cr 17.1% | ₹35 Cr 16.7% | ₹30 Cr 650.0% | ₹4 Cr |
| OPM | 12.0% 9.1% | 11.0% 10.0% | 10.0% 11.1% | 9.0% 25.0% | 12.0% 0.0% | 12.0% 9.1% | 11.0% 400.0% | 2.2% |
| Net Profit | ₹41 Cr 24.2% | ₹33 Cr 32.0% | ₹25 Cr 78.6% | ₹14 Cr 41.7% | ₹24 Cr 0.0% | ₹24 Cr 41.2% | ₹17 Cr 950.0% | ₹-2 Cr |
| EPS (₹) | 6.16 26.2% | 4.88 30.5% | 3.74 74.8% | 2.14 41.7% | 3.67 1.1% | 3.63 37.0% | 2.65 857.1% | -0.35 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Revenue | ₹1.6K Cr 46.0% | ₹1.1K Cr 26.6% | ₹867 Cr 8.3% | ₹945 Cr 12.4% | ₹841 Cr 21.9% | ₹690 Cr 7.5% | ₹642 Cr |
| Expenses | ₹1.4K Cr 45.5% | ₹983 Cr 22.1% | ₹805 Cr 3.2% | ₹832 Cr 12.0% | ₹743 Cr 19.1% | ₹624 Cr 8.1% | ₹577 Cr |
| Op. Profit | ₹173 Cr 50.4% | ₹115 Cr 82.5% | ₹63 Cr 44.2% | ₹113 Cr 15.3% | ₹98 Cr 48.5% | ₹66 Cr 3.1% | ₹64 Cr |
| OPM | 11.0% 10.0% | 10.0% 42.9% | 7.0% 41.7% | 12.0% 0.0% | 12.0% 20.0% | 10.0% 0.0% | 10.0% |
| Other Income | ₹29 Cr 70.6% | ₹17 Cr 13.3% | ₹15 Cr 7.1% | ₹14 Cr 54.8% | ₹31 Cr 520.0% | ₹5 Cr 54.5% | ₹11 Cr |
| Interest | ₹15 Cr 11.8% | ₹17 Cr 6.3% | ₹16 Cr 54.3% | ₹35 Cr 40.0% | ₹25 Cr 7.4% | ₹27 Cr 40.0% | ₹45 Cr |
| Depreciation | ₹34 Cr 17.2% | ₹29 Cr 26.1% | ₹23 Cr 15.0% | ₹20 Cr 11.1% | ₹18 Cr 12.5% | ₹16 Cr 0.0% | ₹16 Cr |
| PBT | ₹154 Cr 77.0% | ₹87 Cr 128.9% | ₹38 Cr 47.9% | ₹73 Cr 15.1% | ₹86 Cr 196.6% | ₹29 Cr 93.3% | ₹15 Cr |
| Tax % | 26.0% 3.7% | 27.0% 3.8% | 26.0% 7.1% | 28.0% 33.3% | 21.0% 5.0% | 20.0% 5.3% | 19.0% |
| Net Profit | ₹113 Cr 79.4% | ₹63 Cr 125.0% | ₹28 Cr 46.2% | ₹52 Cr 22.4% | ₹67 Cr 191.3% | ₹23 Cr 91.7% | ₹12 Cr |
| EPS (₹) | 16.92 76.4% | 9.59 125.1% | 4.26 53.0% | 9.06 99.8% | 3,958.05 194.1% | 1,345.65 78.4% | 754.25 |
| Div Payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
Liabilities | |||||||
| Equity Capital | ₹13 Cr 0.0% | ₹13 Cr 0.0% | ₹13 Cr 8.3% | ₹12 Cr 500.0% | ₹2 Cr 0.0% | ₹2 Cr 0.0% | ₹2 Cr |
| Reserves | ₹708 Cr 18.4% | ₹598 Cr 12.0% | ₹534 Cr 1.7% | ₹525 Cr 503.4% | ₹87 Cr 50.0% | ₹58 Cr 28.9% | ₹45 Cr |
| Borrowings | ₹213 Cr 18.3% | ₹180 Cr 13.9% | ₹209 Cr 38.9% | ₹342 Cr 7.5% | ₹318 Cr 0.6% | ₹316 Cr 15.3% | ₹274 Cr |
| Other Liabilities | ₹330 Cr 34.1% | ₹246 Cr 46.4% | ₹168 Cr 45.8% | ₹310 Cr 69.4% | ₹183 Cr 34.6% | ₹136 Cr 5.4% | ₹129 Cr |
| Total Liabilities | ₹1.3K Cr 21.8% | ₹1.0K Cr 12.5% | ₹923 Cr 22.4% | ₹1.2K Cr 101.9% | ₹589 Cr 15.0% | ₹512 Cr 13.8% | ₹450 Cr |
Assets | |||||||
| Fixed Assets | ₹192 Cr 3.8% | ₹185 Cr 25.9% | ₹147 Cr 14.8% | ₹128 Cr 12.3% | ₹114 Cr 9.6% | ₹104 Cr 5.1% | ₹99 Cr |
| CWIP | ₹24 Cr 140.0% | ₹10 Cr 50.0% | ₹20 Cr 33.3% | ₹15 Cr 650.0% | ₹2 Cr | ₹0 Cr 100.0% | ₹3 Cr |
| Investments | ₹81 Cr 131.4% | ₹35 Cr 53.3% | ₹75 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr 100.0% | ₹2 Cr |
| Other Assets | ₹967 Cr 19.7% | ₹808 Cr 18.6% | ₹681 Cr 34.9% | ₹1.0K Cr 121.1% | ₹473 Cr 15.9% | ₹408 Cr 17.9% | ₹346 Cr |
| Total Assets | ₹1.3K Cr 21.8% | ₹1.0K Cr 12.5% | ₹923 Cr 22.4% | ₹1.2K Cr 101.9% | ₹589 Cr 15.0% | ₹512 Cr 13.8% | ₹450 Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Operating CF | ₹57 Cr 128.0% | ₹25 Cr 47.1% | ₹17 Cr 230.8% | ₹-13 Cr 181.3% | ₹16 Cr 166.7% | ₹6 Cr 90.9% | ₹66 Cr |
| Investing CF | ₹-64 Cr 218.5% | ₹54 Cr 137.0% | ₹-146 Cr 484.0% | ₹-25 Cr 38.9% | ₹-18 Cr 33.3% | ₹-27 Cr 42.1% | ₹-19 Cr |
| Financing CF | ₹8 Cr 115.4% | ₹-52 Cr 79.3% | ₹-251 Cr 155.5% | ₹452 Cr 2252.4% | ₹-21 Cr 175.0% | ₹28 Cr 166.7% | ₹-42 Cr |
| Net Cash Flow | ₹1 Cr 96.2% | ₹26 Cr 106.8% | ₹-380 Cr 191.8% | ₹414 Cr 1825.0% | ₹-24 Cr 442.9% | ₹7 Cr 75.0% | ₹4 Cr |
| Free Cash Flow | ₹4 Cr 119.0% | ₹-21 Cr 16.7% | ₹-18 Cr 56.1% | ₹-41 Cr 1950.0% | ₹-2 Cr 85.7% | ₹-14 Cr 128.6% | ₹49 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Debtor Days | 87d 17.1% | 105d 32.9% | 79d 1.3% | 80d 3.9% | 77d 19.8% | 96d 47.7% | 65d |
| Inventory Days | 161d 8.0% | 175d 16.3% | 209d 7.7% | 194d 26.8% | 153d 30.8% | 117d 15.2% | 138d |
| Days Payable | 87d 11.2% | 98d 53.1% | 64d 26.4% | 87d 11.5% | 78d 23.5% | 102d 15.7% | 121d |
| Cash Conv. Cycle | 160d 12.1% | 182d 18.4% | 223d 19.3% | 187d 23.0% | 152d 36.9% | 111d 35.4% | 82d |
| Working Capital Days | 102d 1.9% | 104d 1.9% | 106d 488.9% | 18d 0.0% | 18d 205.9% | -17d 63.0% | -46d |
| ROCE | 20.0% 53.8% | 13.0% 116.7% | 6.0% 64.7% | 17.0% 29.2% | 24.0% 33.3% | 18.0% | — |
Source: Screener.in · Lower days = better efficiency
About Avalon Technologies Limited
Incorporated in 1999, Avalon Technologies Limited is a leading fully integrated Electronic Manufacturing Services ("EMS") company with end-to-end capabilities in delivering box-build solutions, focusing on high-value precision-engineered products.[1]
Capital GoodsElectrical Equipment