Avalon Technologies Ltd
Incorporated in 1999, Avalon Technologies Limited is a leading fully integrated Electronic Manufacturing Services ("EMS") company with end-to-end capabilities in delivering box-build solutions, focusing on high-value precision-engineered products.[1]
- Market Cap ₹ 3,335 Cr.
- Current Price ₹ 508
- High / Low ₹ 732 / 353
- Stock P/E 76.4
- Book Value ₹ 81.2
- Dividend Yield 0.00 %
- ROCE 16.7 %
- ROE 16.8 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company has a good return on equity (ROE) track record: 3 Years ROE 27.8%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company's cost of borrowing seems high
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Consumer Durables Industry: Electronics - Components
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|
642 | 690 | 841 | 945 | 922 | |
577 | 624 | 743 | 832 | 836 | |
Operating Profit | 64 | 66 | 98 | 113 | 86 |
OPM % | 10% | 10% | 12% | 12% | 9% |
11 | 5 | 31 | 14 | 16 | |
Interest | 45 | 27 | 25 | 35 | 22 |
Depreciation | 16 | 16 | 18 | 20 | 22 |
Profit before tax | 15 | 29 | 86 | 73 | 58 |
Tax % | 19% | 20% | 21% | 28% | |
12 | 23 | 67 | 52 | 44 | |
EPS in Rs | 754.25 | 1,345.65 | 3,958.05 | 9.06 | 7.11 |
Dividend Payout % | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 14% |
TTM: | 4% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 66% |
TTM: | 8% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 42% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 28% |
Last Year: | 17% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|
Equity Capital | 2 | 2 | 2 | 12 | 13 |
Reserves | 45 | 58 | 87 | 525 | 520 |
Preference Capital | 36 | 39 | 39 | 38 | |
239 | 277 | 279 | 304 | 136 | |
164 | 175 | 222 | 340 | 155 | |
Total Liabilities | 450 | 512 | 589 | 1,180 | 824 |
99 | 104 | 114 | 128 | 130 | |
CWIP | 3 | 0 | 2 | 15 | 12 |
Investments | 2 | 0 | 0 | 0 | 114 |
346 | 408 | 473 | 1,038 | 568 | |
Total Assets | 450 | 512 | 589 | 1,180 | 824 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|
66 | 6 | 16 | -13 | |
-19 | -27 | -18 | -27 | |
-42 | 28 | -21 | 454 | |
Net Cash Flow | 4 | 7 | -24 | 414 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|
Debtor Days | 65 | 96 | 77 | 80 |
Inventory Days | 138 | 117 | 153 | 191 |
Days Payable | 121 | 102 | 78 | 85 |
Cash Conversion Cycle | 82 | 111 | 152 | 186 |
Working Capital Days | 70 | 99 | 116 | 117 |
ROCE % | 18% | 24% | 17% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
2d - Of Earnings Call for the Quarter and Financial Year ended March 31, 2024.
- Board Meeting Intimation for Prior Intimation Of Board Meeting 2d
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Compliance Certificate From PCS
17 Apr - PCS certificate as per Reg. 40(9) of SEBI (LODR) Regulations 2015
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Certificate Under Reg. 7(3) Of SEBI LODR Regulations 2015
12 Apr - Compliance - Certificate under Regulation 7(3) of the SEBI LODR Regulations 2015 is provided.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
9 Apr - Compliance Certificate from our RTA under Reg. 74 (5) of SEBI (DP) Regulation
Concalls
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Feb 2024Transcript PPT REC
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Nov 2023Transcript PPT REC
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Aug 2023Transcript PPT REC
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Jun 2023Transcript PPT
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May 2023TranscriptNotesPPT
Business Area[1] They provide a full stack product and solution suite, from printed circuit board (“PCB”) design and assembly to the manufacture of complete electronic systems (“Box Build”), to global OEMs across the United States, China, Netherlands, and Japan.