Avalon Technologies Limited has announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The company reported revenue from operations of ₹484 crore for Q1 FY27, a significant increase of 49.8% year-on-year. EBITDA stood at ₹58 crore, marking a 93.9% surge. Profit After Tax (PAT) for the quarter was ₹35 crore, up 145.3% compared to the previous year.
Avalon Technologies Announces Q1 FY27 Financial Performance
Avalon Technologies Limited has officially released its unaudited financial results for the first quarter of Fiscal Year 2027, which concluded on June 30, 2026. The company has demonstrated robust financial performance, showcasing substantial year-on-year growth across key metrics.
Key Financial Highlights (Q1 FY27 vs. Q1 FY26)
Revenue
Revenue from operations for the quarter reached ₹484 crore, reflecting a significant increase of 49.8% compared to ₹323 crore in the same period last year. This growth indicates strong market demand and successful execution of the company’s business strategies.
Profitability
- EBITDA: The company reported an EBITDA of ₹58 crore, a remarkable 93.9% increase from ₹30 crore in Q1 FY26.
- PAT: Profit After Tax (PAT) stood at ₹35 crore, a substantial jump of 145.3% from ₹14 crore in the prior year’s quarter.
Margins and Other Key Metrics
Avalon Technologies also highlighted its improved margins and other financial indicators:
- Gross Margin (%): The Gross Margin was reported at 34.7% for Q1 FY27, a slight decrease from 35.5% in Q1 FY26, but the company saw a sequential improvement of 99 bps from the previous quarter.
- EBITDA (%): The EBITDA margin improved to 12.0% from 9.2% in Q1 FY26, an increase of 272 bps.
- PAT (%): The PAT margin also saw a significant enhancement, reaching 7.2% compared to 4.4% in the previous year, an increase of 278 bps.
- Order Book: The order book stood at ₹2,208 crore as of June 30, 2026, showing a 23.4% year-on-year growth.
Management Commentary
The presentation accompanying the results noted the company’s eighth consecutive quarter of sequential performance improvement. India manufacturing performance was particularly strong, delivering 16.7% EBITDA and 11.1% PAT in Q1 FY27. The company also highlighted improvements in Net Working Capital days and secured a new certification for railway welding applications.
Consolidated Financials
The consolidated profit and loss statement for FY26 shows revenues of ₹1,603 crore and a profit of ₹113 crore, with a margin of 7% and ROCE of 21%.
Balance Sheet Snapshot
As of FY26, Avalon Technologies reported total assets of ₹1,264 crore and total equity and liabilities of ₹1,264 crore. The consolidated balance sheet indicates steady growth in assets and robust financial health.
Source: BSE