Avalon Technologies Ltd (AVALON) — shareholding pattern, promoter holding, financials and share price
About Avalon Technologies Ltd (AVALON)
Avalon Technologies Ltd operates in the Other Electrical Equipment industry, within the Capital Goods sector. It trades on the NSE as AVALON and on the BSE under scrip code 543896. Its ISIN is INE0LCL01028.
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]
Avalon Technologies is an India-headquartered electronics manufacturing services (EMS) company offering end-to-end capabilities including PCB assembly, cable and wire harnesses, sheet metal fabrication, injection molded plastics, magnetics and complex box build across India and the United States, supporting global OEMs in aerospace, rail, industrial, clean energy and communications.
Q3 FY26 marked Avalon’s sixth consecutive quarter of sustained growth with highest-ever quarterly revenue of INR418 crore and nine-month revenue of INR1,123 crore, reflecting 48.7% year-on-year growth and strong margin discipline with gross margins near 34.6% and EBITDA margin expansion driven by operating leverage.
Listed peers in Other Electrical Equipment: Sedemac Mechatronics Ltd, Diamond Power Infrastructure Ltd, Fujiyama Power Systems Ltd, Waaree Renewable Technologies Ltd, Genus Power Infrastructures Ltd, Vikram Solar Ltd.
Valuation & Returns
10 Jul 2026At ₹1,775 a share on 10 Jul 2026, Avalon Technologies Ltd (AVALON) was valued at a price-to-earnings ratio of 105x against an industry P/E of 52.37x and a price-to-book of 19.39x on a book value of ₹91.53 per share as of Mar 2025. Solomo computes return on equity of 18.47% and return on capital employed of 21.31% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 105x
- Industry P/E
- 52.37x
- P/B
- 19.39x
- EPS (TTM)
- ₹16.9
- Book value / share
- ₹91.53
- ROE
- 18.47%
- ROCE
- 21.31%
- ROA
- 10.86%
- Debt / equity
- 0.29x
- Dividend yield
- 0%
- EBITDA margin
- 12.62%
- 52-week range
- ₹777.3 – ₹1,853
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Avalon Technologies Ltd (AVALON) reported revenue of ₹1,603 crore, net profit of ₹113 crore and earnings per share of ₹16.92. That compares with revenue of ₹1,098 crore and net profit of ₹63 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹480 crore and net profit ₹41 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 841 | 945 | 867 | 1,098 | 1,603 |
| Net profit (₹ cr) | 67 | 52 | 28 | 63 | 113 |
| EPS (₹) | 3,958.05 | 9.06 | 4.26 | 9.59 | 16.92 |
| Measure | 5Y | 3Y | 1Y |
|---|---|---|---|
| Sales growth | 14.07% | 13.28% | 26.63% |
| Profit growth | 54.98% | 22.92% | 126.65% |
| Stock price CAGR | - | 39% | 101% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 44.39% of Avalon Technologies Ltd (AVALON) (down 0.03 pp QoQ), foreign institutional investors (FII) hold 7.81% and domestic institutional investors (DII) hold 24.72%. Market capitalisation was ₹11,859 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2023.
Largest disclosed public shareholders in Jun 2026: Nippon Life India Trustee Ltd-A/C Nippon India Small Cap Fund 5.81%, Luquman Ediyanamveedu 5.42%, Hsbc Mutual Fund 4.48%, Axis Mutual Fund 3.33%, Anand Kumar 2.58%, S Seshukumar 2.08%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 44.39% | - | 7.81% | 24.72% | 55.61% |
| Mar 2026 | 44.42% | - | 6.42% | 26.18% | 55.58% |
| Dec 2025 | 44.43% | - | 7.56% | 25.4% | 55.57% |
| Sep 2025 | 44.46% | - | 10.04% | 22.85% | 55.54% |
| Jun 2025 | 44.6% | - | 8.67% | 22.01% | 55.4% |
| Mar 2025 | 50.57% | - | 7.13% | 17.32% | 49.43% |
| Dec 2024 | 50.57% | - | 5.39% | 20.87% | 49.43% |
| Sep 2024 | 50.7% | - | 2.97% | 23.74% | 49.3% |