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 ₹ 5,679 Cr.
- Current Price ₹ 855
- High / Low ₹ 1,074 / 425
- Stock P/E 89.5
- Book Value ₹ 92.4
- Dividend Yield 0.00 %
- ROCE 13.4 %
- ROE 11.0 %
- Face Value ₹ 2.00
Pros
- Company is expected to give good quarter
Cons
- Stock is trading at 9.25 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 11.3% over past five years.
- Company has a low return on equity of 9.88% over last 3 years.
* 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
Part of Nifty Microcap 250 Nifty Total Market BSE Allcap BSE SmallCap BSE Industrials
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 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|
642 | 690 | 841 | 945 | 867 | 1,098 | |
577 | 624 | 743 | 832 | 805 | 983 | |
Operating Profit | 64 | 66 | 98 | 113 | 63 | 115 |
OPM % | 10% | 10% | 12% | 12% | 7% | 10% |
11 | 5 | 31 | 14 | 15 | 17 | |
Interest | 45 | 27 | 25 | 35 | 16 | 17 |
Depreciation | 16 | 16 | 18 | 20 | 23 | 29 |
Profit before tax | 15 | 29 | 86 | 73 | 38 | 87 |
Tax % | 19% | 20% | 21% | 28% | 26% | 27% |
12 | 23 | 67 | 52 | 28 | 63 | |
EPS in Rs | 754.25 | 1,345.65 | 3,958.05 | 9.06 | 4.26 | 9.59 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 11% |
3 Years: | 9% |
TTM: | 27% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 41% |
3 Years: | 9% |
TTM: | 146% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 74% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 14% |
3 Years: | 10% |
Last Year: | 11% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|
Equity Capital | 2 | 2 | 2 | 12 | 13 | 13 |
Reserves | 45 | 58 | 87 | 525 | 534 | 598 |
274 | 316 | 318 | 342 | 209 | 180 | |
129 | 136 | 183 | 310 | 173 | 248 | |
Total Liabilities | 450 | 512 | 589 | 1,189 | 929 | 1,040 |
99 | 104 | 114 | 128 | 147 | 185 | |
CWIP | 3 | 0 | 2 | 15 | 20 | 10 |
Investments | 2 | 0 | 0 | 0 | 75 | 35 |
346 | 408 | 473 | 1,046 | 687 | 810 | |
Total Assets | 450 | 512 | 589 | 1,189 | 929 | 1,040 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|
66 | 6 | 16 | -13 | 17 | 25 | |
-19 | -27 | -18 | -25 | -146 | 54 | |
-42 | 28 | -21 | 452 | -251 | -52 | |
Net Cash Flow | 4 | 7 | -24 | 414 | -380 | 27 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|
Debtor Days | 65 | 96 | 77 | 80 | 79 | 105 |
Inventory Days | 138 | 117 | 153 | 194 | 209 | 175 |
Days Payable | 121 | 102 | 78 | 87 | 64 | 98 |
Cash Conversion Cycle | 82 | 111 | 152 | 187 | 223 | 182 |
Working Capital Days | 70 | 99 | 116 | 113 | 154 | 160 |
ROCE % | 18% | 24% | 17% | 6% | 13% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
7 May - Audio recording of Q4 and FY25 earnings call available on company website.
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Board Meeting Outcome for For The Meeting Held On May 06, 2025
6 May - Avalon Technologies reports audited FY25 standalone and consolidated results with strong revenue and profit growth.
- Results - Audited Financial Results For The Quarter And Year Ended March 31, 2025 6 May
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
6 May - Avalon reports Q4 FY25 revenue up 58.1%, PAT up 243.8%, new plant operational, strategic partnership formed.
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Announcement under Regulation 30 (LODR)-Investor Presentation
6 May - Investor Presentation for the Quarter and Year Ended March 31, 2025.
Concalls
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May 2025TranscriptNotesPPT REC
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Feb 2025Transcript PPT REC
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Nov 2024Transcript PPT REC
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Aug 2024Transcript PPT
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May 2024TranscriptPPTREC
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May 2024Transcript PPT
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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 2023TranscriptPPT
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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.