Avalon Technologies Limited AVALON NSETECH
Company Overview
Avalon Technologies Limited, together with its subsidiaries, provides integrated electronic manufacturing services in India, the United States, and internationally. Its capabilities include printed circuit board assemblies; custom cables and wire harness assemblies; magnetic assemblies; sheet metal fabrication and assemblies, as well as contract services; aerospace sheet metal fabrication; precision injection molding for plastic parts; new product introduction, including prototype building services; design for manufacturing implementation; product engineering; volume production; life cycle management; system integration; machining; and supply chain and logistics. The company also offers electro-mechanical systems and racks; box builds for railway signaling systems; machined components for aerospace, such as commercial engines, seating, and cargo systems; precision-machined components for specialized locomotive braking systems; and magnetic components, including transformers, inductors, and chokes. It serves the clean energy, mobility, communication, and industrial sectors. Avalon Technologies Limited was founded in 1995 and is based in Chennai, India.
Why Investors Should Care
Generates a return on equity of 15.7%, reflecting efficient use of shareholder capital.
Return on capital employed stands at 21.9%.
Net profit has compounded at 29.1% per year over the last five years.
Revenue has grown at a 19.4% CAGR over the past five years.
Carries low leverage with a debt-to-equity ratio of 0.29.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Mar 2026 Revenue of ₹1,603.20 Cr (+46.0% YoY); net profit ₹112.95 Cr.
- Trailing 12 Months Year-on-year growth — revenue +46.0%, earnings +78.0%.
- 5-Year Trend Long-term compounding — revenue CAGR 19.4%, profit CAGR 29.1%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 19.37% |
| 1 Year: | 45.99% |
Compounded Profit Growth
| 5 Years: | 29.09% |
| 1 Year: | 78.04% |
Stock Price Performance
| 1 Year: | +106.08% |
| 6 Months: | +98.95% |
| 3 Months: | +62.91% |
| 1 Month: | +2.00% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMAAbove
- Price vs 200-DMAAbove
- RSI (14)60.37 · Neutral
P/E of 189.37 is above the sector median of 27.67 — pricier than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Healthy ROCE of 21.9%.
- Compounding revenue at 19.4% over 5 years.
- Profit CAGR of 29.1% over 5 years.
- Generates positive free cash flow.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
- Trading at a high P/E of 189.4.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Technology).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | AVALON Avalon Technologies Limited NSETECH | 1,795.20 | 189.37 | ₹11,985.86 Cr | 0.00% | 21.95% | 15.65% | 19.37% | 29.09% |
| 2 | TCS Tata Consultancy Services Limited NIFTY50NSEAITECH | 2,173.50 | 15.98 | ₹7.86 L Cr | 3.14% | 54.93% | 45.89% | 5.80% | 5.30% |
| 3 | INFY Infosys Limited NIFTY50NSEAITECH | 1,084.40 | 1,355.50 | ₹4.40 L Cr | 4.68% | 41.66% | 33.85% | 3.44% | 3.58% |
| 4 | HCLTECH HCL Technologies Limited NIFTY50NSEAITECH | 1,176.30 | 18.35 | ₹3.19 L Cr | 8.25% | 27.21% | 22.14% | 8.65% | 3.87% |
| 5 | WIPRO Wipro Limited NIFTY50NSEAITECH | 175.97 | 14.01 | ₹1.85 L Cr | 9.69% | 17.85% | 14.91% | 0.78% | 5.16% |
| 6 | TECHM Tech Mahindra Limited NIFTY50NSEAITECH | 1,474.20 | 27.20 | ₹1.44 L Cr | 3.51% | 19.82% | 16.24% | 2.16% | -0.14% |
| 7 | LTM LTM Limited NSETECH | 4,076.50 | 24.10 | ₹1.21 L Cr | 1.86% | 25.39% | 20.89% | 8.43% | 4.41% |
| 8 | LGEINDIA LG ELECTRONICS INDIA LTD NIFTY_MIDNSETECH | 1,535.10 | 61.82 | ₹1.04 L Cr | 0.00% | 27.64% | 21.98% | 0.98% | - |
| 9 | OFSS Oracle Financial Services Software Limited NIFTY_MIDNSEAITECH | 11,729.00 | 38.82 | ₹1.02 L Cr | 5.71% | 43.24% | 33.72% | 10.42% | 13.48% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in INR.
| Metric | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 272.00 Cr | 235.00 Cr | 201.00 Cr | 214.00 Cr | 217.00 Cr | 199.00 Cr | 275.00 Cr | 281.00 Cr | 342.79 Cr | 323.31 Cr | 382.46 Cr | 417.54 Cr | 479.89 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | - | 222.51 Cr | 208.49 Cr | 251.19 Cr | 274.89 Cr | 318.27 Cr |
| Gross Profit | - | - | - | - | - | - | - | - | 120.28 Cr | 114.81 Cr | 131.27 Cr | 142.65 Cr | 161.62 Cr |
| Operating Expenses | 231.00 Cr | 219.00 Cr | 188.00 Cr | 198.00 Cr | 200.00 Cr | 195.00 Cr | 245.00 Cr | 246.00 Cr | 86.65 Cr | 93.40 Cr | 101.53 Cr | 102.63 Cr | 113.07 Cr |
| Operating Income | 36.00 Cr | 11.00 Cr | 7.00 Cr | 11.00 Cr | 11.00 Cr | -3.00 Cr | 23.00 Cr | 28.00 Cr | 33.63 Cr | 21.42 Cr | 29.75 Cr | 40.02 Cr | 48.55 Cr |
| EBITDA | 41.00 Cr | 16.00 Cr | 13.00 Cr | 17.00 Cr | 17.00 Cr | 4.00 Cr | 30.00 Cr | 35.00 Cr | 44.53 Cr | 31.54 Cr | 46.53 Cr | 55.40 Cr | 68.78 Cr |
| Interest Expense | 10.00 Cr | 6.00 Cr | 3.00 Cr | 4.00 Cr | 4.00 Cr | 4.00 Cr | 4.00 Cr | 5.00 Cr | 4.23 Cr | 3.77 Cr | 4.07 Cr | 2.96 Cr | 4.21 Cr |
| Pretax Income | 30.00 Cr | 10.00 Cr | 9.00 Cr | 9.00 Cr | 10.00 Cr | -2.00 Cr | 23.00 Cr | 33.00 Cr | 32.57 Cr | 19.31 Cr | 33.58 Cr | 44.49 Cr | 56.26 Cr |
| Tax Provision | 7.50 Cr | 3.20 Cr | 1.35 Cr | 2.43 Cr | 2.90 Cr | -28.00 L | 5.75 Cr | 8.91 Cr | 8.30 Cr | 5.09 Cr | 8.61 Cr | 11.89 Cr | 15.11 Cr |
| Net Income | 23.00 Cr | 7.00 Cr | 7.00 Cr | 7.00 Cr | 7.00 Cr | -2.00 Cr | 17.00 Cr | 24.00 Cr | 24.28 Cr | 14.21 Cr | 24.98 Cr | 32.60 Cr | 41.15 Cr |
| Diluted EPS | 3.92 | 1.08 | 1.11 | 1.00 | 1.07 | -0.35 | 2.65 | 3.63 | 3.63 | 2.12 | 3.73 | 4.86 | 6.14 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | 642.00 Cr | 690.00 Cr | - | 942.65 Cr | 865.14 Cr | 1,098.13 Cr | 1,603.20 Cr |
| Cost of Revenue | - | - | - | 596.84 Cr | 552.33 Cr | 705.47 Cr | 1,052.85 Cr |
| Gross Profit | - | - | - | 345.81 Cr | 312.81 Cr | 392.66 Cr | 550.36 Cr |
| Operating Expenses | 577.00 Cr | 624.00 Cr | - | 252.02 Cr | 271.40 Cr | 306.35 Cr | 410.62 Cr |
| Operating Income | 48.00 Cr | 50.00 Cr | - | 93.79 Cr | 41.41 Cr | 86.31 Cr | 139.73 Cr |
| EBITDA | 64.00 Cr | 66.00 Cr | - | 113.34 Cr | 71.09 Cr | 131.99 Cr | 202.25 Cr |
| Interest Expense | 45.00 Cr | 27.00 Cr | - | 20.99 Cr | 10.14 Cr | 16.70 Cr | 15.01 Cr |
| Pretax Income | 15.00 Cr | 29.00 Cr | - | 72.69 Cr | 38.05 Cr | 86.71 Cr | 153.65 Cr |
| Tax Provision | 2.85 Cr | 5.80 Cr | - | 20.19 Cr | 10.07 Cr | 23.27 Cr | 40.70 Cr |
| Net Income | 12.00 Cr | 23.00 Cr | - | 52.50 Cr | 27.98 Cr | 63.44 Cr | 112.95 Cr |
| Diluted EPS | 754.25 | 1,345.65 | 10.44 | 8.04 | 4.19 | 9.48 | - |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Total Assets | 450.00 Cr | 512.00 Cr | - | 1,188.74 Cr | 924.89 Cr | 1,039.88 Cr | 1,264.39 Cr |
| Current Assets | - | - | - | 1,012.03 Cr | 708.78 Cr | 816.69 Cr | 1,017.43 Cr |
| Cash & Equivalents | - | - | - | 421.90 Cr | 42.34 Cr | 68.83 Cr | 71.22 Cr |
| Inventory | - | - | - | 317.90 Cr | 316.34 Cr | 337.90 Cr | 463.29 Cr |
| Receivables | - | - | - | 206.20 Cr | 186.86 Cr | 316.00 Cr | 381.27 Cr |
| Total Liabilities | - | - | - | 651.73 Cr | 377.55 Cr | 428.33 Cr | 542.69 Cr |
| Current Liabilities | - | - | - | 544.32 Cr | 274.51 Cr | 368.64 Cr | 495.92 Cr |
| Long Term Debt | - | - | - | 27.32 Cr | 36.40 L | 1.88 Cr | 11.16 Cr |
| Total Debt | 274.00 Cr | 316.00 Cr | - | 303.70 Cr | 155.61 Cr | 163.51 Cr | 212.92 Cr |
| Total Equity | 47.00 Cr | 60.00 Cr | - | 537.02 Cr | 547.34 Cr | 611.55 Cr | 721.71 Cr |
| Shares Outstanding | - | - | - | 6.53 Cr | 6.57 Cr | 6.62 Cr | 6.68 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 66.00 Cr | 6.00 Cr | - | -13.24 Cr | 17.29 Cr | 25.06 Cr | 57.19 Cr |
| Investing Cash Flow | -19.00 Cr | -27.00 Cr | - | -25.41 Cr | -146.10 Cr | 53.80 Cr | -63.60 Cr |
| Financing Cash Flow | -42.00 Cr | 28.00 Cr | - | 452.48 Cr | -250.81 Cr | -52.28 Cr | 7.90 Cr |
| Capital Expenditure | -17.00 Cr | -20.00 Cr | - | -27.42 Cr | -35.52 Cr | -46.18 Cr | -53.64 Cr |
| Free Cash Flow | 49.00 Cr | -14.00 Cr | - | -40.66 Cr | -18.23 Cr | -21.12 Cr | 3.54 Cr |
| Net Change in Cash | 4.00 Cr | 7.00 Cr | - | 413.83 Cr | -379.62 Cr | 26.57 Cr | 1.49 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | 36.7% | 36.2% | 35.8% | 34.3% |
| Operating Margin % | 7.5% | 7.2% | - | 9.9% | 4.8% | 7.9% | 8.7% |
| Net Margin % | 1.9% | 3.3% | - | 5.6% | 3.2% | 5.8% | 7.0% |
| ROE % | 25.5% | 38.3% | - | 9.8% | 5.1% | 10.4% | 15.6% |
| ROCE % | - | - | - | 14.6% | 6.4% | 12.9% | 18.2% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for AVALON
How The Avalon Technologies (NSEI:AVALON) Investment Story Is Shifting With New Fair Value Assumptions
Avalon Technologies is now being valued by analysts at a fair value of ₹1,068.71, compared with the earlier estimate of ₹1,028.17, so the central price target in their models has shifted. This change is linked closely to how analysts are re…
Avalon Technologies Ltd (NSE:AVALON) Q3 2026 Earnings Call Highlights: Record Revenue and ...
Avalon Technologies Ltd (NSE:AVALON) achieves historic revenue growth and raises FY26 guidance, while navigating US manufacturing losses and tariff impacts.
Avalon Technologies Ltd (NSE:AVALON) Q1 2026 Earnings Call Highlights: Robust Revenue Growth ...
Avalon Technologies Ltd (NSE:AVALON) reports a 62.1% revenue surge and revises its full-year growth guidance upward, despite facing margin pressures and tariff uncertainties.
AVALON — Frequently Asked Questions
What is the current share price of Avalon Technologies Limited (AVALON)?
As of 2026-07-15 09:52 IST, Avalon Technologies Limited (AVALON) trades at ₹1,795.20 on NSE. Its 52-week range is ₹793.85 to ₹1,801.90.
What is the market capitalisation of AVALON?
Avalon Technologies Limited (AVALON) has a market capitalisation of ₹11,985.86 Cr on NSE.
What is the P/E ratio of AVALON?
AVALON trades at a trailing price-to-earnings (P/E) ratio of 189.37. The industry average P/E is 27.67. Its price-to-book (P/B) ratio is 15.93.
What is the return on equity (ROE) of AVALON?
AVALON has a return on equity (ROE) of 15.65%. Its return on capital employed (ROCE) is 21.95%.
Is AVALON a good stock to buy?
This page provides a data-driven analysis of Avalon Technologies Limited (AVALON), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.