Avalon Technologies Limited

NSE: AVALON · Capital Goods

₹1,893.60-9.83%06 Nov 2026

Ask the data

Instant answers about Avalon Technologies Limited — computed from its filings, no language model

Market cap₹12,651 cr

Current price₹1,893.60

High / Low₹2,538 / ₹794

P/E94.7

P/B17.53

Book value₹108.0

ROE18.5%

ROCE21.8%

Debt / equity0.25

Dividend yield0.00%

EPS (TTM)₹20.00

Face value₹2

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

	FY23	FY24	FY25	FY26
Revenue	945	867	1,098	1,603
EBITDA	113	62	115	173
Operating margin	11.9%	7.2%	10.5%	10.8%
Interest	35	16	17	15
Depreciation	20	23	29	34
Profit before tax	73	38	87	154
Tax	20	10	23	41
Net profit	52	28	63	113
EPS ₹	9.27	4.29	9.62	16.95
Operating cash flow	-13	17	25	57
Capex	0	36	46	54
Dividend paid	0	4	5	1
Total assets	1,180	931	1,040	1,264
Equity	537	547	612	722

Quarterly performance

last 14 quarters · ₹ crore

showing latest 8 of 14 periods

	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26
Revenue	272	235	201	214	217	199	275	281	343	323	382	418	480	484
Operating profit	41	16	13	17	17	4	30	35	41	30	39	48	57	58
Operating margin	15.1%	6.9%	6.3%	7.7%	7.9%	2.2%	11.0%	12.3%	12.1%	9.2%	10.1%	11.5%	11.9%	12.0%
Other income	4	5	5	2	3	4	4	10	3	2	8	7	12	3
Interest	10	6	3	4	4	4	4	5	4	4	4	3	4	3
Depreciation	5	5	6	6	6	7	7	7	8	8	9	8	8	9
Profit before tax	30	10	9	9	10	-2	23	33	33	19	34	44	56	49
Tax	7	3	1	2	3	0	6	9	8	5	9	12	15	14
Net profit	23	7	7	7	7	-2	17	24	24	14	25	33	41	35
EPS ₹	3.96	1.10	1.11	1.00	1.08	-0.35	2.65	3.63	3.67	2.14	3.75	4.89	6.16	5.22
Revenue YoY	—	—	—	—	-20.2%	-15.2%	36.8%	31.1%	58.1%	62.1%	39.1%	48.7%	40.0%	49.8%
Profit YoY	—	—	—	—	-68.9%	-132.7%	140.1%	264.6%	243.9%	—	42.9%	35.9%	69.5%	145.4%

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 11 periods

	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26
ROE	8.2%	5.1%	3.4%	5.1%	8.2%	10.4%	13.1%	13.5%	14.8%	15.6%	18.5%
ROCE	12.6%	7.7%	5.7%	7.8%	11.2%	13.7%	16.5%	17.3%	18.6%	18.6%	21.8%
Net margin	4.7%	3.2%	2.2%	3.2%	4.8%	5.8%	6.5%	6.6%	6.6%	7.0%	7.6%
EBITDA margin	9.4%	7.2%	6.1%	7.5%	8.9%	10.1%	11.1%	10.9%	10.8%	10.8%	11.4%
Debt / equity	0.19	0.30	0.30	0.28	0.28	0.23	0.23	0.20	0.20	0.25	0.25
Interest coverage	3.65	3.32	2.70	3.60	4.91	6.19	7.65	8.13	9.65	11.24	13.45
Asset turnover	1.12	0.93	0.89	0.94	1.01	1.06	1.18	1.20	1.33	1.27	1.40

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 7 periods

	MAR '23	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25	MAR '26
Share capital	12	13	13	13	13	13	13
Other equity / reserves	525	520	534	549	598	637	708
Total equity	537	533	547	562	612	650	722
Borrowings	306	102	164	159	142	129	183
Current liabilities	536	208	280	317	369	404	496
Non-current liabilities	107	83	103	86	60	49	47
Total assets	1,180	824	931	965	1,040	1,104	1,264
Property, plant & equipment	91	97	104	108	147	153	162
Capital work-in-progress	15	12	20	26	10	16	24
Investments	0	114	75	58	35	21	81
Inventories	318	322	316	307	338	437	463
Receivables	206	166	187	241	316	337	381
Cash & equivalents	422	18	42	51	69	56	71

Cash flow

annual · ₹ crore · line = free cash flow

	FY23	FY24	FY25	FY26
Cash from operations	-13	17	25	57
Cash from investing	-27	-146	54	-64
Cash from financing	454	-251	-52	8
Capex	0	36	46	54
Free cash flow	-13	-18	-21	4
Dividends paid	0	4	5	1

Where the assets sit

Mar '26 · ₹ crore

Fixed assets (PPE)

₹162 cr13%

CWIP

₹24 cr2%

Investments

₹81 cr6%

Inventories

₹463 cr37%

Receivables

₹381 cr30%

Cash & equivalents

₹71 cr6%

Other assets

₹82 cr6%

Peer comparison

largest in Capital Goods · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Hindustan Aeronautics Ltd.	3,33,052	4,980.00	35.7	8.12	22.7%
Bharat Electronics Ltd.	2,89,468	396.00	45.2	11.02	24.4%
Tata Motors Ltd.	1,56,797	425.50	24.8	10.26	41.3%
Bharat Heavy Electricals Ltd.	1,45,828	418.80	50.7	5.45	10.8%
ABB India Ltd.	1,43,541	6,774.00	55.7	15.37	27.6%
Siemens Ltd.	1,26,736	3,560.00	28.2	8.02	28.4%
Hitachi Energy India Ltd.	1,23,988	27,800.00	107.8	23.95	22.2%
CG Power and Industrial Solutions Ltd.	1,21,786	773.00	89.1	13.94	15.6%
Polycab India Ltd.	1,18,610	7,871.00	37.6	9.06	24.1%
Cummins India Ltd.	1,12,233	4,048.80	49.8	13.52	27.1%
Avalon Technologies Limited	12,651	1,893.60	94.7	17.53	18.5%

StoxGud checklist: Bullish setup · 7/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month-22.1%

6 months+50.8%

1 year+57.3%

3Y CAGR+55.5%

5Y CAGR—

10Y CAGR—

50-day avg₹2,215.57

200-day avg₹1,568.28

RSI (14)45

FAQs

What is the share price of Avalon Technologies Limited?

Avalon Technologies Limited (AVALON) closed at ₹1,893.60 on NSE on 06 Nov 2026.

What is the market cap of Avalon Technologies Limited?

₹12,651 crore at the latest close.

What is the P/E ratio of Avalon Technologies Limited?

94.7, on trailing-twelve-month earnings from its filings.

How fast is Avalon Technologies Limited growing?

Avalon Technologies Limited: revenue has compounded at 19.3% a year over three years; net profit at 29.1% a year. Latest-quarter revenue is up 49.8% year on year, profit up 145.4%.

How profitable is Avalon Technologies Limited?

On a trailing-twelve-month basis return on equity is 18.5%, return on capital employed 21.8%, operating margin 11.4%, net margin 7.6%.

How much debt does Avalon Technologies Limited have?

Avalon Technologies Limited is lightly geared: debt to equity is 0.25 with borrowings of ₹183 cr against cash of ₹71 cr (balance sheet of 2026-03-31). Operating profit covers interest 13.5 times.

Financials parsed from Avalon Technologies Limited's own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from MAR '23, annual from FY23, balance sheet from Mar '23. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.