Avalon Technologies Limited — PPTs, 04-02-2026: Investor Presentation

Avalon Technologies posted strong Q3 FY26 results.

**Business Performance:** Revenue surged 48.7% YoY to 418 Cr, and Profit After Tax (PAT) rose 35.9% YoY to 33 Cr. EBITDA hit 48 Cr (up 38.5% YoY) with an 11.5% margin. The order book is robust at 2,016 Cr (+26.5% YoY). Box-build solutions contributed 53% of revenues, with 62% from US customers and 38% from India.

**Growth Drivers/Strategy:** The company is capitalizing on a hybrid manufacturing model across India and the US, targeting profitable segments like Aerospace, Clean Energy, and complex systems. Strategic focus includes leveraging increasing electronification, rising EMS manufacturing share, and global supply chain diversification towards India.

**Recent Developments:** Q3 FY26 marks the sixth consecutive quarter of improved performance. Recent wins in semiconductor equipment manufacturing underscore alignment with Industry 4.0. US tariff reductions are enhancing India’s global positioning. Net Working Capital days improved from 131 to 118.

**Outlook:** Avalon aims for profitable growth by expanding in sunrise sectors and deepening customer relationships through integrated solutions. Return on Capital Employed (ROCE) for 9M FY26 stands at 18.8%.