Avalon Technologies posts strong Q2 FY26 results with 39.1% revenue growth

Avalon Technologies Limited reported Q2 FY26 consolidated revenues of INR 382.5 Cr, marking a 39.1% year-over-year increase. Half-year revenues reached INR 705.8 Cr, up 48.7% from H1 FY25. The company's consolidated Profit After Tax (PAT) for Q2 FY26 surged by 42.9% to INR 25.0 Cr, and by 158.3% to INR 39.2 Cr for H1 FY26. Standalone results also showed strong growth.

The company's order book increased by 25.4% year-over-year, reaching INR 1863 Cr as of September 30, 2025. India manufacturing contributed 81% of Q2 FY26 revenue, delivering 14.1% EBITDA and 10.9% PAT. Noteworthy achievements in Q2 FY26 included AS9100D aerospace quality certification and a supplier of the year award from a leading railway OEM. The Board of Directors reviewed and approved these unaudited financial results on November 5, 2025.

Avalon's strategic focus on a hybrid manufacturing model, combined with a diversified product portfolio across industries like clean energy, transportation, and industrials, continues to drive its growth. The company reported a consolidated total asset base of INR 11,037.18 million as of September 30, 2025, with total equity at INR 6,501.08 million.