Avalon Technologies Limited has announced strong financial results for the quarter and year ended March 31, 2026. The company achieved a significant revenue growth of 40% year-on-year for the final quarter, marking its seventh consecutive quarter of sequential performance improvement. Driven by robust demand in both Indian and US markets, the company has delivered substantial expansion in profitability and operational efficiency throughout FY26.
Financial Performance for Q4 FY26
In the fourth quarter of the fiscal year ending March 31, 2026, Avalon Technologies reported revenue from operations of INR 479.9 crore, representing a 40% increase compared to the same period in the previous year. Profit After Tax (PAT) witnessed significant growth, rising 69.5% year-on-year to reach INR 41.2 crore. The company maintained a healthy EBITDA margin of 11.8%, demonstrating sustained operational strength despite competitive market conditions.
Annual Growth Highlights
For the full fiscal year FY26, Avalon Technologies recorded total revenue of INR 1,603.2 crore, a robust 46% increase over the previous year. This growth was fueled by strong contributions from both the India and US business segments, which grew by 29% and 59% respectively. Annual profit soared to INR 112.9 crore, a 78% surge from FY25, reflecting the company’s scalability and successful execution of its global delivery model.
Operational Achievements and Future Outlook
Operational efficiency has remained a key focus for the company, evidenced by a notable improvement in the Net Working Capital cycle, which reduced from 124 days in March 2025 to 112 days by March 2026. Furthermore, the company reported a strong order book growth of 25% year-on-year, signaling continued demand for its full-stack electronic manufacturing solutions. As a leading player in the EMS industry, Avalon continues to provide end-to-end box build solutions across critical sectors including clean energy, medical devices, and transportation.
Source: BSE