Avalon Technologies Limited announced its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The Board of Directors approved the results during a meeting held on May 06, 2026. The company delivered its seventh consecutive quarter of sequential improvement in performance, driven by strong growth across both its India and US businesses. The statutory auditors, M/s. Varma & Varma, issued an unmodified opinion on the audited financial results.

Consolidated Quarterly Performance (Q4 FY26)

For the quarter ended March 31, 2026, Avalon Technologies reported robust growth on both a year-on-year and sequential basis. Revenue from operations stood at ₹479.90 Cr versus ₹342.80 Cr in the prior-year quarter, reflecting a 40.0% YoY increase and 14.9% QoQ growth. EBITDA came in at ₹56.90 Cr versus ₹41.40 Cr YoY, with EBITDA margin at 11.8% compared to 12.1% in Q4 FY25. Profit after tax (PAT) surged 69.5% YoY and 26.2% QoQ to ₹41.20 Cr. The gross margin for Q4 FY26 stood at 33.7%. The following table summarises the consolidated quarterly financial performance:

Consolidated Full-Year Performance (FY26)

For the full year ended March 31, 2026, Avalon Technologies reported consolidated revenue from operations of ₹1,603.20 Cr, a 46.0% increase over ₹1,098.10 Cr in FY25. PAT for the year grew 78.0% YoY to ₹112.90 Cr from ₹63.40 Cr in the prior year. EBITDA margin expanded by 35 basis points to 10.8%, with gross margin for the year at 34.3%. The detailed full-year consolidated financials are presented below:

Standalone Financial Results

On a standalone basis, Avalon Technologies achieved a net profit of ₹893.74 million for the fiscal year, up from ₹505.70 million in the prior year. Revenue from operations for the standalone entity grew to ₹8,210.19 million from ₹6,317.79 million. The profit before tax for the year was recorded at ₹1,198.52 million. In the fourth quarter, the standalone net profit was ₹262.00 million on revenue of ₹2,337.20 million.

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, with 54% of revenue derived from Indian customers and 79% of manufacturing conducted in India. Net Working Capital days improved from 124 days in March 2025 to 112 days in March 2026, and the order book increased by 25% YoY.

Corporate Updates and ESOP Allotment

Alongside the financial results, the Board approved the allotment of 21,534 equity shares to employees pursuant to the exercise of Employee Stock Options (ESOPs). The shares were allotted at exercise prices of ₹20 and ₹500 under the "AVALON- Employee Stock Option Plan 2022". Following this allotment, the paid-up capital of the company increased to INR 13,35,75,394, comprising 6,67,87,697 equity shares of face value INR 2 each.

Earnings Call Audio Recording

Pursuant to Regulation 30(6) read with Regulation 15b of Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the audio recording of the earnings call for the quarter and year ended March 31, 2026, held on May 07, 2026, is now available on the company's website. The filing was confirmed by Company Secretary and Compliance Officer Mr. Ajay Shukla on May 07, 2026.

Avalon Technologies Limited has formally announced its earnings call for the fourth quarter of fiscal year 2026, scheduled to take place on Thursday, May 7, 2026. The announcement comes as part of the company's regulatory compliance under SEBI listing obligations.

Earnings Call Details

The earnings call has been scheduled following the release of audited financial results for the quarter and financial year ended March 31, 2026. Key details of the upcoming earnings call include:

Regulatory Compliance

The intimation has been issued pursuant to Regulation 30(6) read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulatory framework mandates companies to inform stakeholders about material events and earnings announcements in a timely manner.

Access Information

Avalon Technologies has made the complete timings and dial-in details for the earnings call available on the company's official website. Investors and stakeholders can access the detailed invitation and participation instructions through the company's investor relations section.

Official Authorization

The earnings call intimation was digitally signed and authorized by Mr. Ajay Shukla, Company Secretary and Compliance Officer (Membership No. A36992), on April 28, 2026. The formal communication ensures compliance with corporate governance requirements and provides adequate notice to market participants ahead of the results announcement and subsequent earnings discussion.