Heavy Electrical Equipment company Avalon Technologies announced Q1FY27 results Consolidated Financial Results: Revenue from operations for Q1FY27 stood at Rs 4,844.14 million, representing a YoY growth of 49.83% compared to Rs 3,233.08 million in Q1FY26 and a QoQ increase of 0.94% from Rs 4,798.91 million in Q4FY26. Total income for the quarter reached Rs 4,872.31 million, marking a YoY increase of 49.93% from Rs 3,249.65 million in Q1FY26, while recording a marginal QoQ decline of 0.93% from Rs 4,918.11 million in Q4FY26. Profit before tax (PBT) for Q1FY27 was reported at Rs 487.39 million, showing a substantial YoY increase of 152.44% from Rs 193.07 million in Q1FY26, but a QoQ decrease of 13.38% from Rs 562.64 million in Q4FY26. Net profit for the period (attributable to equity holders of the parent) was Rs 348.69 million in Q1FY27, reflecting a YoY growth of 145.31% against Rs 142.14 million in Q1FY26, and a QoQ decline of 15.26% compared to Rs 411.51 million in Q4FY26. Total comprehensive income for Q1FY27 stood at Rs 336.15 million, an increase of 137.19% YoY compared to Rs 141.72 million in Q1FY26, but a QoQ decrease of 12.92% from Rs 386.04 million in Q4FY26. Basic and Diluted Earnings Per Share (EPS) for Q1FY27 were Rs 5.22 and Rs 5.20 respectively, compared to Rs 2.14 and Rs 2.12 in Q1FY26. Standalone Financial Results: Revenue from operations for Q1FY27 was reported at Rs 2,106.40 million, up 26.51% YoY from Rs 1,664.94 million in Q1FY26, but down 9.87% QoQ from Rs 2,337.20 million in Q4FY26. Total income for the quarter stood at Rs 2,171.97 million, recording a YoY growth of 26.03% from Rs 1,723.34 million in Q1FY26 and a QoQ decline of 12.66% against Rs 2,486.90 million in Q4FY26. Profit before tax (PBT) was Rs 266.28 million in Q1FY27, reflecting a YoY growth of 38.00% compared to Rs 192.96 million in Q1FY26, while recording a QoQ decrease of 25.02% from Rs 355.14 million in Q4FY26. Net profit for Q1FY27 stood at Rs 201.49 million, showing a YoY growth of 38.22% from Rs 145.77 million in Q1FY26 and a QoQ decline of 23.09% compared to Rs 262.00 million in Q4FY26. Total comprehensive income for the quarter was Rs 196.05 million in Q1FY27, an increase of 34.75% YoY from Rs 145.49 million in Q1FY26, while declining 25.48% QoQ from Rs 263.07 million in Q4FY26. The basic and diluted EPS for the standalone entity stood at Rs 3.02 and Rs 3.00 respectively for Q1FY27. Business Highlights: Employee Stock Options: As of June 30, 2026, the number of outstanding employee stock options was 3,29,083. During the quarter ended June 30, 2026, the company allotted 45,592 equity shares upon the exercise of options by eligible employees. Subsidiary Performance: The interim financial information for the US-incorporated subsidiary (ABV Electronics Inc.) reflects a total income of Rs 2,392.03 million, a net profit of Rs 64.02 million, and a total comprehensive income of Rs 63.74 million for the quarter ended June 30, 2026. Consolidation Entities: The consolidated results include the parent company Avalon Technologies Limited and its subsidiaries: Avalon Technology and Services Private Limited (India), Sienna Ecad Technologies Private Limited (India), and ABV Electronics Inc. (D/B/A Sienna Corporation, USA). Other Income Details: Consolidated other income for Q1FY27 was Rs 28.17 million, compared to Rs 16.57 million in Q1FY26 and Rs 119.20 million in Q4FY26. Standalone other income was Rs 65.57 million for the same period. Result PDF
Heavy Electrical Equipment company Avalon Technologies announced Q4FY26 & FY26 results Q4FY26 Financial Highlights: Revenue from Operations for Q4FY26 stood at Rs 480 crore, representing a growth of 14.9% QoQ from Rs 418 crore in Q3FY26 and an increase of 40.0% YoY from Rs 343 crore in Q4FY25. EBITDA for the quarter was Rs 57 crore, up 18.6% QoQ from Rs 48 crore and up 37.5% YoY compared to Rs 41 crore in Q4FY25. Profit Before Tax (PBT) for Q4FY26 was Rs 56 crore, an increase of 72.7% YoY from Rs 33 crore in Q4FY25. Profit After Tax (PAT) for Q4FY26 was Rs 41 crore, reflecting a growth of 26.2% QoQ from Rs 33 crore and a substantial increase of 69.5% YoY from Rs 24 crore in Q4FY25. PAT Margin for the quarter was 8.4%, an improvement of 135 bps compared to 7.0% in Q4FY25. FY26 Financial Highlights: Revenue from Operations for the full year FY26 reached Rs 1,603 crore, up 46.0% YoY from Rs 1,098 crore in FY25. EBITDA for FY26 stood at Rs 173 crore, showing a growth of 50.9% YoY from Rs 115 crore in the previous year. Profit Before Tax (PBT) for FY26 was Rs 154 crore, representing a 77.2% YoY increase from Rs 87 crore in FY25. Profit After Tax (PAT) for FY26 was Rs 113 crore, an increase of 78.0% YoY compared to Rs 63 crore in FY25. PAT Margin for the full year reached 6.9%, an improvement of 123 bps from 5.7% in FY25. Business Highlights Order Book: The company’s total order book reached Rs 2,196 crore as of March 31, 2026, representing a growth of 24.7% YoY from Rs 1,761 crore in March 2025. Box-build Revenue: Contribution from Box-build solutions stood at 54% of the total revenue in FY26. Geographic Performance: US businesses grew by 59% YoY and India businesses grew by 29% YoY during FY26. The US market contributed 62% to the total revenue, while the Indian market accounted for 38%. Asset Quality and Efficiency: Net Working Capital days improved to 112 days in March 2026 from 124 days in March 2025. The company reported an asset turn of 9.9 under its capex-light model. Return on Capital: Return on Capital Employed (ROCE) stood at 20.6% for FY26, compared to 15.7% in FY25. Global Footprint: The company operates 15 manufacturing units across the US and India with over 575,000 sq. ft. of design and manufacturing facilities. Segment-wise Performance (Revenue by Vertical): Industrials: Contributed 34% of revenue in FY26 (up from 30% in FY25). Mobility / Transportation: Contributed 28% of revenue in FY26 (up from 27% in FY25). Clean Energy: Contributed 20% of revenue in FY26 (consistent with 20% in FY25). Medical & Others: Contributed 10% of revenue in FY26 (down from 15% in FY25). Communication: Contributed 8% of revenue in FY26 (consistent with 8% in FY25). Result PDF
Conference Call with Avalon Technologies Management and Analysts on Q3FY26 Performance and Outlook. Listen to the full earnings transcript.
Heavy Electrical Equipment company Avalon Technologies announced Q3FY26 results Revenue: Rs 417.5 crore against Rs 280.9 crore during Q3FY25, change 49%. EBITDA: Rs 48 crore against Rs 34.6 crore during Q3FY25, change 39%. EBITDA Margin: 11.5% for Q3FY26. PAT: Rs 32.6 crore against Rs 24 crore during Q3FY25, change 36%. PAT Margin: 7.7% for Q3FY26. Result PDF