Avalon Technologies Limited
₹2,048.80-₹12.60 (-0.6%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹5,943 Cr
- P/E
- 80.0x
- EV / EBITDA
- 115.1x
- Revenue
- ₹632 Cr
- Net margin
- 7.2%
- ROCE
- 4.5%
Price chart
Technical chartScreen technicals →+70.4% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- -10.7%
- 3M
- +16.2%
- 6M
- +93.4%
- 1Y
- +70.4%
- 5Y
- +414.7%
52-week range
Day change -₹12.60 (-0.6%) from ₹2,061 to ₹2,049 · Last close Oct 30, 2026
Best weekday to invest, historically
The same weekly amount in AVALON, bought on each weekday since 2023.
AI Summary
Indian StockStrengths1
- Strong 5-year net profit CAGR of 39.8%
Concerns1
- Low return on equity of 4.8%
Rule-based from financial data. Not advice.
About the company
Avalon Technologies Limited, together with its subsidiaries, provides integrated electronic manufacturing services in India, the United States, and internationally.
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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.
- Sector
- Technology
- Shares outstanding
- 6.7 Cr shares
- ISIN
- INE0LCL01028
- BSE code
- 543896
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹5,943 Cr
- P/E
- 80.0x
- P/B
- 7.7x
- EV / EBITDA
- 115.1x
- EV / Sales
- 13.3x
- P/S
- 13.4x
- Earnings yield
- 1.3%
- 52-week high
- ₹2,535.80
- 52-week low
- ₹792.90
Profitability
- Operating margin
- 7.2%
- Net margin
- 7.2%
- EBITDA margin
- 11.5%
- ROE
- 4.8%
- ROCE
- 4.5%
- ROA
- 4.1%
- Dividend payout
- 0.0%
- Tax rate
- 25.0%
- Other income, % of PBT
- 44.2%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹632 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 43.0%
- Revenue CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 6.2%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹51.0 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -16.4%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 59.4%
- Net profit CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 39.8%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -₹10.0 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -47.4%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹2.00 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -17.2%
Solvency and efficiency
- Current ratio
- 9.39
- Debt / Equity
- 0.05
- Debt / Assets
- 0.04
- Debt / EBITDA
- 0.65
- Interest coverage
- 10.67
- Financial leverage
- 1.16
- CFO / Net profit
- -0.31
- Cash / Market cap
- 8.8%
- Cash per share
- ₹78.17
- Asset turnover
- 0.57
- Fixed asset turnover
- 8.19
- Capital intensity
- 0.12
- Debtor days
- 144 days
- Inventory turnover
- 1.74
- Cash conversion cycle
- 301 days
Where the revenue went
Of every ₹100 of FY2025 revenue, ₹8 was left as net profit.
| From | To | Amount |
|---|---|---|
| Sales | Expenses | ₹583 Cr |
| Sales | Operating profit | ₹49 Cr |
| Operating profit | Interest | ₹3 Cr |
| Operating profit | Depreciation | ₹6 Cr |
| Operating profit | Profit before tax | ₹40 Cr |
| Other income | Profit before tax | ₹27 Cr |
| Profit before tax | Tax and other | ₹16 Cr |
| Profit before tax | Net profit | ₹51 Cr |
Revenue and net profit
Revenue grew 43.0% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹369 Cr | ₹12 Cr |
| FY2022 | ₹435 Cr | ₹27 Cr |
| FY2023 | ₹479 Cr | ₹28 Cr |
| FY2024 | ₹442 Cr | ₹32 Cr |
| FY2025 | ₹632 Cr | ₹51 Cr |
Cash flows
FY2025: ₹4.00 Cr from operations, -₹4.00 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | ₹84 Cr | ₹5 Cr |
| FY2022 | -₹4 Cr | -₹9 Cr |
| FY2023 | -₹19 Cr | -₹34 Cr |
| FY2024 | -₹10 Cr | -₹215 Cr |
| FY2025 | ₹4 Cr | -₹4 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹632 Cr+43.0%1Y
- Net profit
- ₹51 Cr+59.4%1Y
- Cash from operations
- ₹4 Cr
- Free cash flow
- -₹4 Cr
- Revenue CAGR, 5Y
- 6.2%
- EBITDA CAGR, 5Y
- 9.8%
- Net profit CAGR, 5Y
- 39.8%
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹632 Cr | ₹49 Cr | — | ₹51 Cr | ₹4 Cr | -₹4 Cr | 7.0% | +43.0% | +59.4% |
Monthly returns
Month-by-month returns of AVALON across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹903 Cr |
| Equity capital | ₹13 Cr |
| Reserves | ₹713 Cr |
| Borrowings | ₹41 Cr |
| Other liabilities | ₹137 Cr |
| Assets | ₹903 Cr |
| Fixed assets | ₹91 Cr |
| Capital work in progress | ₹7 Cr |
| Investments | ₹194 Cr |
| Other assets | ₹611 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
AVALON trades at 80.0x earnings against a peer median of 52.1x (a 54% premium).
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| Avalon Technologies LimitedAVALONthis companyP/E ↑ premium | ₹5,943 Cr | 80.0x | 7.7x | 4.8% | 115.1x |
| GARWARE TECHNICAL FIBRES LIMITEDGARFIBRES | ₹6,415 Cr | 32.7x | 5.0x | 16.2% | 21.3x |
| Mastek LimitedMASTEK | ₹6,301 Cr | 34.5x | 7.8x | 14.1% | 44.8x |
| Dynamatic Technologies Ltd.DYNAMATECH | ₹6,152 Cr | 122.0x | 8.5x | 15.6% | 35.3x |
| PNC Infratech LimitedPNCINFRA | ₹6,063 Cr | 16.5x | 1.1x | 17.8% | 4.2x |
| AXISCADES TECHNOLOGIES LIMITEDAXISCADES | ₹5,771 Cr | 188.0x | 14.6x | -1.1% | 96.9x |
| Aurionpro Solutions Ltd.AURIONPRO | ₹5,678 Cr | 54.6x | 5.3x | 6.4% | 73.0x |
| CMS Info Systems LimitedCMSINFO | ₹5,501 Cr | 17.1x | 2.5x | 18.7% | 8.5x |
| Paras Defence and Space Technologies LimitedPARAS | ₹5,465 Cr | 76.7x | 8.1x | 7.6% | 86.0x |
| Peer median | — | 52.1x | 7.8x | 14.5% | 34.2x |
Year-to-date ROI
AVALON since 1 January, against earlier years.
Historical volatility
AVALON's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2021 | 8.0% |
| FY2022 | 11.0% |
| FY2023 | 12.0% |
| FY2024 | 7.0% |
| FY2025 | 8.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹632 Cr |
| Costs | |
| Interest | ₹3 Cr |
| Expenses | ₹582 Cr |
| Operating profitOperating Profit | ₹49 Cr |
| Other income and charges | |
| Profit before tax | ₹67 Cr |
| Tax | |
| Net profitNet Profit | ₹51 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹903 Cr |
| Equity capitalEquity Capital | ₹13 Cr |
| Reserves | ₹713 Cr |
| Borrowings | ₹41 Cr |
| Other liabilitiesOther Liabilities | ₹137 Cr |
| AssetsTotal Assets | ₹903 Cr |
| Fixed assetsFixed Assets | ₹91 Cr |
| Capital work in progressCWIP | ₹7 Cr |
| Investments | ₹194 Cr |
| Other assetsOther Assets | ₹611 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | ₹4 Cr |
| Investing cash flowCash from Investing Activity | -₹8 Cr |
| Financing cash flowCash from Financing Activity | ₹6 Cr |
| Change in cashNet Cash Flow | ₹2 Cr |
Learn while you research
Academy chapters picked for Avalon Technologies Limited and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Valuation Multiples ExplainedThis stock trades at a P/E of 80.0, learn when high multiples are justified.6 min read
- 04 Growth Investing43% revenue growth is in the top tier, learn how to value growth.7 min read
- 05 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
- 06 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read