Avalon Tech Releases Q4 FY26 Earnings Call Transcript
Avalon Technologies released the transcript for its Q4 FY26 earnings call, filed on May 13, 2026. The company previously reported a 69.5% YoY surge in Q4 PAT to ₹41.20 Cr and a 40% revenue increase. Full-year revenue grew 46% to ₹1,603.20 Cr with an order book of INR 2,196 Cr.

*this image is generated using AI for illustrative purposes only.
Avalon Technologies Limited has released the transcript of its earnings call for the quarter and year ended March 31, 2026. The call was originally held on May 07, 2026, and the transcript was filed by Company Secretary and Compliance Officer Mr. Ajay Shukla on May 13, 2026. This follows the company's announcement of its audited standalone and consolidated financial results, which showed robust performance with a seventh consecutive quarter of sequential improvement.
Consolidated Quarterly Performance (Q4 FY26)
For the quarter ended March 31, 2026, the company reported revenue from operations of ₹479.90 Cr, a 40.0% increase from ₹342.80 Cr in the prior-year quarter. Profit after tax (PAT) surged 69.5% year-on-year to ₹41.20 Cr. EBITDA stood at ₹56.90 Cr compared to ₹41.40 Cr in Q4 FY25, with an EBITDA margin of 11.8%. The gross margin for the quarter was recorded at 33.7%.
| Particulars (INR Cr): | Q4 FY26 | Q4 FY25 | YoY Change | Q3 FY26 | QoQ Growth |
|---|---|---|---|---|---|
| Revenue from Operations: | 479.90 | 342.80 | 40.0% | 417.50 | 14.9% |
| Total Income: | 491.80 | 346.00 | 42.2% | 425.00 | 15.7% |
| EBITDA: | 56.90 | 41.40 | 37.5% | 48.00 | 18.6% |
| EBITDA Margin (%): | 11.8% | 12.1% | -21 bps | 11.5% | 36 bps |
| PAT: | 41.20 | 24.30 | 69.5% | 32.60 | 26.2% |
| PAT Margin (%): | 8.4% | 7.0% | 135 bps | 7.7% | 70 bps |
Consolidated Full-Year Performance (FY26)
For the full fiscal year, Avalon Technologies reported consolidated revenue from operations of ₹1,603.20 Cr, up 46.0% from ₹1,098.10 Cr in FY25. PAT for the year grew 78.0% to ₹112.90 Cr. EBITDA margin expanded by 35 basis points to 10.8%, while the gross margin for the year was 34.3%.
| Particulars (INR Cr): | FY26 | FY25 | YoY Change |
|---|---|---|---|
| Revenue from Operations: | 1,603.20 | 1,098.10 | 46.0% |
| Total Income: | 1,632.10 | 1,115.20 | 46.3% |
| EBITDA: | 173.30 | 114.90 | 50.9% |
| EBITDA Margin (%): | 10.8% | 10.5% | 35 bps |
| PAT: | 112.90 | 63.40 | 78.0% |
| PAT Margin (%): | 6.9% | 5.7% | 123 bps |
Key Business Highlights
The investor presentation highlighted an order book of INR 2,196 Cr, executable over an average period of 14 months. The India and US businesses grew 29% and 59% YoY respectively. Net Working Capital days improved from 124 days in March 2025 to 112 days in March 2026.
Earnings Call Transcript Availability
Pursuant to Regulation 30 (6) read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the transcript of the earnings call is now available. The filing was confirmed by Mr. Ajay Shukla, Company Secretary & Compliance Officer, on May 13, 2026.
| Parameter: | Details |
|---|---|
| Earnings Call Date: | May 07, 2026 |
| Transcript Filing Date: | May 13, 2026 |
| Filed By: | Mr. Ajay Shukla, Company Secretary & Compliance Officer |
| Transcript Link: | Q4 FY26 Earnings Call Transcript |
Historical Stock Returns for Avalon Technologies
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.56% | +3.83% | +40.35% | +53.73% | +80.15% | +282.04% |
Can Avalon Technologies sustain its 59% US business growth trajectory given potential tariff and supply chain policy changes affecting electronics manufacturing imports?
With an order book executable over 14 months averaging ₹2,196 Cr, which specific end-market verticals are driving the pipeline and could they support revenue guidance beyond FY27?
As EBITDA margins remain range-bound near 11%, what operational levers or product mix shifts could Avalon deploy to meaningfully expand margins toward the 14-15% range?


































