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Avalon Technologies Limited — Earnings Release 2026
May 6, 2026
59680_rns_2026-05-06_b1688a03-3734-443e-a0c3-7dc7b7eee7bc.pdf
Earnings Release
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Avalon
manufacturing your success
To
| BSE Limited
Corporate Relationship Department
PJ towers,
Dalal Street,
Mumbai -400001
BSE SCRIP CODE: 543896 | The Manager
Listing Department
The National Stock Exchange of India Limited
“Exchange Plaza”, Bandra – Kurla Complex,
Bandra (EAST), Mumbai – 400051
NSE Symbol: AVALON |
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Sir(s)/Madam,
Sub: Press Release on the Audited Standalone and Consolidated Financial Results for the Quarter and Year Ended March 31, 2026
This is in continuation to our letter dated April 28, 2026, regarding the Board Meeting scheduled to be held on May 06, 2026, wherein the Board approved the Audited Standalone & Consolidated Financial Results for the Quarter and Year Ended March 31, 2026.
In this regard, we have provided the following:
- Press Release on the Audited Standalone & Consolidated Financial Results for the Quarter and Year Ended March 31, 2026.
You are requested to kindly take the above on record.
For Avalon Technologies Limited
AJAY
SHUKLA
Digitally signed by
AJAY SHUKLA
Date: 2026.05.06
21:51:25 +05'30'
Name of the Person: Mr. Ajay Shukla
Designation: Company Secretary & Compliance Officer
M. No: A36992
Date: May 06, 2026
Avalon Technologies Limited
(Formerly Avalon Technologies Private Limited)
Corporate Identification Number: L50007TN1999PLC045479
Reg. Office 'TPI Block' B7, First Main Road, MEPZ-SEZ, Tambaram, Chennai 600 045
T +91 44 4222 0400 | F +91 44 2262 0097 | E [email protected]
www.avalontec.com
Avalon
manufacturing your success
BSE: 543896 | NSE: AVALON | AVALON TECHNOLOGIES LIMITED
PRESS RELEASE
Avalon Technologies Limited reports Q4 FY26 results
Chennai, May 6, 2026: AVALON TECHNOLOGIES LIMITED (“Avalon”), a leading player in the Electronics Manufacturing Services (EMS) industry announced its audited financial results for the fourth quarter ending March 31, 2026.
Financial Summary of FY26 & Q4 FY26
| Particulars (INR Cr) | Q4 FY26 | Q4 FY25 | YoY Change | Q3 FY26 | QoQ Growth |
|---|---|---|---|---|---|
| Revenue from Operations | 479.9 | 342.8 | 40.0% | 417.5 | 14.9% |
| Total Income | 491.8 | 346.0 | 42.2% | 425.0 | 15.7% |
| EBITDA | 56.9 | 41.4 | 37.5% | 48.0 | 18.6% |
| EBITDA Margin (%) | 11.8% | 12.1% | -21 bps | 11.5% | 36 bps |
| PAT | 41.2 | 24.3 | 69.5% | 32.6 | 26.2% |
| PAT Margin (%) | 8.4% | 7.0% | 135 bps | 7.7% | 70 bps |
- Revenue grew by 40.0% on YoY basis and 14.9% on QoQ.
- Gross margin is at 33.7%.
- EBITDA margin is at 11.8%.
| Particulars (INR Cr) | FY26 | FY25 | YoY Change |
|---|---|---|---|
| Revenue from Operations | 1,603.2 | 1,098.1 | 46.0% |
| Total Income | 1,632.1 | 1,115.2 | 46.3% |
| EBITDA | 173.3 | 114.9 | 50.9% |
| EBITDA Margin (%) | 10.8% | 10.5% | 35 bps |
| PAT | 112.9 | 63.4 | 78.0% |
| PAT Margin (%) | 6.9% | 5.7% | 123 bps |
- Gross margin is at 34.3%.
Key Highlights
- Q4 FY26 delivers our seventh consecutive quarter of sequential improvement in performance
- India & US businesses grew 29% & 59% YoY in FY26
- Net Working Capital days improved from 124 days in Mar'25 to 112 days in Mar'26
- Order book increased by 25% YoY
About Avalon Technologies
Avalon Technologies Limited is one of India's leading fully integrated Electronic Manufacturing Services (EMS) companies with end-to-end operations in delivering box build solutions in India, with a focus on high value precision engineered products. Through a unique global delivery model, Avalon provides a full stack product and solution suite, right from printed circuit board design and assembly to end-to-end box build of electronic systems. Avalon is the only Indian EMS player to have full-fledged manufacturing facilities in the US, facilitating their unique global delivery model. Avalon creates value for customers in a multitude of industries including clean energy, transportation, industrials, communication and medical devices
For more details on Avalon Technologies, please visit: [Electronic Manufacturing Services in India | EMS Company (avalontec.com)]
Safe Harbour Statement
Certain matters discussed in this Document may contain statements regarding the Company's market opportunity and business prospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. These risks and uncertainties include, but are not limited to, the performance of the Indian economy and of the economies of various international markets, the performance of the industry in India and world-wide, competition, the company's ability to successfully implement its strategy, the Company's future levels of growth and expansion, technological implementation, changes and advancements, changes in revenue, income or cash flows, the Company's market preferences and its exposure to market risks, as well as other risks. The Company's actual results, levels of activity, performance or achievements could differ materially and adversely from results expressed in or implied by this Document.
Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded.
For more information, contact:
| Suresh Veerappan
Chief Financial Officer
Avalon Technologies Limited
E: [email protected] | Binay Sarda/ Shashank Ganesh
Ernst & Young LLP
P: +22 6192 0000
E: [email protected]
[email protected] |
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