Avalon Technologies Limited announced its financial results for the second quarter and half year ended September 30, 2026. The company reported a substantial 37.4% year-on-year growth in revenue from operations for Q2 FY27, reaching ₹525.4 crore. Profit after tax (PAT) also saw a significant increase of 59.5% to ₹39.8 crore compared to the same period last year. For the half year, revenue grew by 43.1%.
Avalon Technologies Announces Strong Q2 FY27 Financial Results
Avalon Technologies Limited, a key player in the Electronics Manufacturing Services (EMS) industry, has released its financial results for the second quarter and half year ended September 30, 2026. The company showcased robust performance with significant growth across key financial metrics.
Q2 FY27 Performance Highlights
In the second quarter of Fiscal Year 2027 (Q2 FY27), Avalon Technologies reported a strong revenue from operations of ₹525.4 crore, marking a 37.4% increase compared to ₹382.5 crore in Q2 FY26. Total income for the quarter stood at ₹528.2 crore, up 35.3% year-on-year. Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) grew by 71.0% to ₹66.0 crore, with the EBITDA margin expanding to 12.6% from 10.1% in the prior year quarter. Profit After Tax (PAT) witnessed a substantial surge of 59.5%, reaching ₹39.8 crore, while PAT margin improved to 7.5% from 6.4%.
Half Year FY27 Performance
For the first half of Fiscal Year 2027 (H1 FY27), the company’s revenue from operations reached ₹1009.8 crore, an impressive 43.1% growth over H1 FY26. Total income for the half year was ₹1015.4 crore, a 41.9% increase. EBITDA for H1 FY27 grew by 81.0% to ₹124.0 crore, with the EBITDA margin at 12.3%. PAT for the half year more than doubled, increasing by 90.6% to ₹74.7 crore, and PAT margin improved to 7.4%.
Key Business Developments
The company also highlighted several strategic developments:
- Signed a Memorandum of Understanding (MOU) with the Government of Tamil Nadu for 25 acres of land to support future growth in advanced electronics manufacturing.
- Formed a strategic Joint Venture with Zollner Elektronik AG to advance Electronics Manufacturing in India.
- Achieved 17.1% EBITDA and 11.4% PAT from India manufacturing operations in Q2 FY27.
- Marked its ninth consecutive quarter of sequential performance improvement.
- Board approved a preferential issue of warrants worth ₹425 crore to Zollner Elektronik AG, subject to shareholder approval.
- Improved Net Working Capital days from 131 days in Sept’25 to 120 days in Sept’26.
Source: BSE
