BSEResult4 Aug 2026 · 4 Aug 2026, 10:29 pm
Please find the enclosed Financial Results for the Quarter Ended June 30, 2026.
Avalon Technologies Ltd · 543896
✦ AI Summary▲ PositiveResults
Avalon Technologies Ltd has announced its unaudited standalone financial results for the quarter ended June 30, 2026, with revenue from operations at ₹2,106.40 crores, a 26.4% increase from ₹1,664.94 crores in the same quarter last year. Net profit for the quarter stood at ₹201.49 crores, a 38.6% increase from ₹145.77 crores in the same quarter last year.
Analysis Scores
Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment8/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Avalon Technologies Ltd - 543896 - Results - Financial Results For The Quarter Ended June 30, 2026
Attachments (1)
📄pdf
Download →
35c3f135-082c-4906-8950-4a94dff508c7.pdf
View document text
To: To:
BSE Limited The Manager
Corporate Relationship Department Listing Department
PJ towers, The National Stock Exchange of India Limited
Dalal Street, “Exchange Plaza”, Bandra – Kurla Complex,
Mumbai -400001 Bandra (EAST), Mumbai – 400051
BSE SCRIP CODE: 543896 NSE Symbol: AVALON
Sir(s)/Madam,
Sub: - Financial Results under Regulation 33 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015
Pursuant to the above captioned Regulations, please find enclosed, the documents mentioned below:
1. The Unaudited Standalone and Consolidated Financial Results for the Quarter Ended June 30, 2026,
along with the Limited Review Report issued by the Statutory Auditor.
You are requested to kindly take the above on record.
Yours sincerely,
For Avalon Technologies Limited
Name of the Person: Mr. Ajay Shukla
Designation: Company Secretary & Compliance Officer
Membership Number: A36992
Date: August 04, 2026
Avalon Technologies Limited
CIN:L30007TN1999PLC043479
Registered Office: B-7 First Main Road, MEPZ-SEZ, Tambaram, Chennai - 600045, Tamil Nadu, India
Visit us at https://www.avalontec.com
STATEMENT OF UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER ENDED JUNE 30, 2026
(₹. In Millions)
For the Quarter Ended For the Year Ended
S.No Particulars 30 Jun'26 31 Mar'26 30 Jun'25 31 Mar'26
Unaudited (Refer Note 4) Unaudited Audited
I Revenue from Operations 2,106.40 2,337.20 1,664.94 8,210.19
II Other Income 65.57 149.70 58.40 439.39
III Total Income (I + II) 2,171.97 2,486.90 1,723.34 8,649.58
IV Expenses
Cost of raw materials consumed 1,573.64 1,573.22 1,287.45 6,158.27
Changes in Inventories of finished
goods, work-in-progress and stock in (78.58) 139.46 (97.71) (201.57)
trade
Employee benefit expenses 261.65 252.30 203.83 910.47
Finance costs 5.19 12.15 9.20 36.07
Depreciation and amortisation expenses 27.59 27.58 22.95 100.05
Other expenses 116.20 127.05 104.66 447.77
Total Expenses 1,905.69 2,131.76 1,530.38 7,451.06
V Profit Before Tax (III - IV) 266.28 355.14 192.96 1,198.52
VI Tax Expense
1) Current Tax 64.22 88.80 48.12 303.15
2) Tax of earlier years - - - 1.76
3) Deferred Tax 0.57 4.34 (0.93) (0.13)
Total Tax Expense 64.79 93.14 47.19 304.78
VII Profit for the period / year (V - VI) 201.49 262.00 145.77 893.74
VIII Other Comprehensive Income
A.) i) Items that will not be reclassified
to profit or loss
a.) Remeasurements of the
defined benefit plans - (7.27) 1.42 (0.37) 1.17
Gratuity
ii) Income tax expense on
remeasurement benefit/(loss) of 1.83 (0.35) 0.09 (0.29)
defined benefit plans
Total Other Comprehensive
(5.44) 1.07 (0.28) 0.88
Income/(loss) A (i+ii)
Total Comprehensive Income for the
IX 196.05 263.07 145.49 894.62
period / year (VII+VIII)
Paid up Equity Share Capital (Nominal
X 133.62 133.53 132.99 133.53
Value Rs. 2 each)
XI Other Equity 8,057.32
Earnings Per Equity Share (Nominal
XII value per share ₹ 2/-) (not annualised) (not annualised) (not annualised)
a.) Basic (In ₹) 3.02 3.92 2.19 13.41
b.) Diluted (In ₹) 3.00 3.91 2.18 13.34
Avalon Technologies Limited
CIN:L30007TN1999PLC043479
Registered Office: B-7 First Main Road, MEPZ-SEZ, Tambaram, Chennai - 600045, Tamil Nadu, India
Visit us at https://www.avalontec.com
NOTES TO STATEMENT OF UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER ENDED JUNE 30, 2026
Notes:
1. The above statement of standalone financial results, which have been prepared in accordance with Indian Accounting Standards (Ind- AS) as prescribed under section
133 of the Companies Act, 2013 read with relevant rules issued thereunder, other accounting principles generally accepted in India and in terms of Regulation 33 of SEBI
(Listing Obligations and Disclosure Requirements) Regulations 2015, have been reviewed and recommended by the Audit Committee and approved by the Board of
Directors at their respective meetings held on August 4, 2026.
2. The Company operates in only one reportable business segment i.e. providing Electronics Manufacturing Services (EMS) with capabilities in printed circuit board
assembly, custom cable and wire harnesses, etc., as determined by the chief operating decision maker, in accordance with Ind AS 108 “Operating Segments”.
3. Number of employee stock options granted is 20,03,321 and outstanding as at June 30, 2026 is 3,29,083. During the quarter ended June 30, 2026, the company has
allotted 45,592 Equity shares upon exercise of Employee stock options by the eligible employees.
4. The Standalone Financial Results for the quarter ended March 31, 2026 is the balancing figure between the audited figures in respect of the full financial year and the
published unaudited year to date figures upto the third quarter of the financial year, which has been subject to a limited review by the statutory auditors.
5. The previous period/year figures have been re-grouped/reclassified wherever necessary to conform to current period's/year's presentation.
For Avalon Technologies Limited
Place : Chennai Kunhamed Bicha
Date : August 4, 2026 Chairman & Managing Director
Varma & Varma
Chartered Accountants
Independent Auditor's Review Report on Review of Unaudited Standalone Financial Results of Avalon
Technologies Limited for the quarter ended June 30, 2026 pursuant to Regulation 33 of Securities and
Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.
The Board of Directors of
Avalon Technologies Limited
1. We have reviewed the accompanying Statement of Unaudited Standalone Financial Results of Avalon
Technologies Limited (“the Company”) for the quarter ended June 30, 2026 (“the Statement”), being
submitted by the Company pursuant to the requirement of Regulation 33 of the Securities and Exchange
Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended (“Listing
Regulations”).
2. The Statement, which is the responsibility of the Company's Management and approved by the Company's
Board of Directors, has been prepared in accordance with the recognition and measurement principles laid
down in the Indian Accounting Standard 34 “Interim Financial Reporting” (“Ind AS 34"), prescribed under
Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting
principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. Our
responsibility is to express a conclusion on the Statement based on our review.
3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE)
2410 ‘Review of Interim Financial Information Performed by the Independent Auditor of the Entity’, issued
by the Institute of Chartered Accountants of India (ICAI). This standard requires that we plan and perform
the review to obtain moderate assurance as to whether the Statements is free of material misstatement. A
review of interim financial information consists of making inquiries, primarily of the Company's personnel
responsible for financial and accounting matters, and applying analytical and other review procedures. A
review is substantially less in scope than an audit conducted in accordance with Standards on Auditing
specified under section 143(10) of the Companies Act, 2013 and consequently does not enable us to obtain
assurance that we would become aware of all significant matters that might be identified in an audit.
Accordingly, we do not express an audit opinion.
4. Based on our review conducted as stated in paragraph 3 above, nothing has come to our attention that causes
us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement
principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally
accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the
Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material
misstatement.
Page - 1 - of
[Showing first 8,000 characters — download PDF for full document]