Avalon Technologies Limited announced its Q3 FY26 results, reporting a 48.7% year-over-year increase in revenue, reaching ₹417.5 Cr. EBITDA increased by 38.5% YoY to ₹48.0 Cr, while PAT grew by 35.9% to ₹32.6 Cr. The company highlighted its sixth consecutive quarter of sequential performance improvement and strong contributions from its India manufacturing operations.
Q3 FY26 Financial Performance
Avalon Technologies Limited reported significant growth in its financial performance for the third quarter of FY26. Key highlights include:
- Revenue from Operations: ₹417.5 Cr, a 48.7% increase compared to Q3 FY25 (₹280.9 Cr) and a 9.2% increase compared to Q2 FY26 (₹382.5 Cr).
- Total Income: ₹425.0 Cr, a 46.1% increase YoY.
- EBITDA: ₹48.0 Cr, a 38.5% increase compared to Q3 FY25 (₹34.6 Cr) and a 24.2% increase QoQ.
- EBITDA Margin: 11.5%.
- PAT: ₹32.6 Cr, a 35.9% increase compared to Q3 FY25 (₹24.0 Cr) and a 30.5% increase QoQ.
- PAT Margin: 7.7%.
9M FY26 Performance Overview
The cumulative results for the first nine months of FY26 also demonstrate strong performance:
- Revenue from Operations: ₹1,123.3 Cr, reflecting a 48.7% increase compared to 9M FY25 (₹755.3 Cr).
- Total Income: ₹1,140.3 Cr, a 48.2% increase YoY.
- EBITDA: ₹116.5 Cr, a significant 59.2% increase YoY.
- EBITDA Margin: 10.4%.
- PAT: ₹71.8 Cr, a substantial 83.3% increase compared to 9M FY25 (₹39.2 Cr).
- PAT Margin: 6.3%.
Key Strategic Highlights
The company emphasized several factors contributing to its strong performance:
- Sixth consecutive quarter of sequential improvement.
- India manufacturing delivered strong EBITDA (14.8%) and PAT (10.7%) in 9M FY26.
- US tariffs reduction strengthens India’s position in global markets.
- Improved Net Working Capital days, decreasing from 131 days in September 2025 to 118 days in December 2025.
Source: BSE
