Avalon Technologies Ltd
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]
- Market Cap ₹ 4,675 Cr.
- Current Price ₹ 708
- High / Low ₹ 708 / 425
- Stock P/E 157
- Book Value ₹ 104
- Dividend Yield 0.00 %
- ROCE 5.67 %
- ROE 4.48 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Stock is trading at 6.78 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 6.46% over last 3 years.
- Earnings include an other income of Rs.21.3 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Consumer Durables Industry: Electronics - Components
Part of Nifty Total Market BSE SmallCap BSE Allcap BSE Industrials Nifty Microcap 250
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|
327 | 369 | 435 | 479 | 442 | 509 | |
296 | 338 | 388 | 423 | 410 | 483 | |
Operating Profit | 31 | 31 | 47 | 56 | 32 | 26 |
OPM % | 10% | 8% | 11% | 12% | 7% | 5% |
1 | 3 | 7 | 5 | 19 | 21 | |
Interest | 20 | 17 | 12 | 18 | 3 | 2 |
Depreciation | 4 | 3 | 6 | 5 | 5 | 5 |
Profit before tax | 7 | 14 | 36 | 38 | 43 | 40 |
Tax % | 24% | 15% | 25% | 26% | 25% | |
6 | 12 | 27 | 28 | 32 | 30 | |
EPS in Rs | 369.93 | 727.61 | 1,705.07 | 4.90 | 4.94 | 4.54 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 6% |
TTM: | 9% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 37% |
TTM: | -23% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 41% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 6% |
Last Year: | 4% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|
Equity Capital | 2 | 2 | 2 | 12 | 13 | 13 |
Reserves | 185 | 204 | 224 | 645 | 660 | 676 |
132 | 135 | 144 | 127 | 33 | 32 | |
82 | 117 | 75 | 160 | 76 | 107 | |
Total Liabilities | 402 | 457 | 444 | 944 | 782 | 828 |
31 | 36 | 42 | 46 | 54 | 57 | |
CWIP | 3 | 0 | 2 | 12 | 15 | 22 |
Investments | 11 | 86 | 87 | 88 | 192 | 166 |
357 | 334 | 312 | 798 | 522 | 584 | |
Total Assets | 402 | 457 | 444 | 944 | 782 | 828 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
36 | 84 | -4 | -19 | -10 | |
-9 | -79 | -5 | -15 | -205 | |
-17 | -3 | -10 | 449 | -181 | |
Net Cash Flow | 10 | 3 | -19 | 415 | -396 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
Debtor Days | 206 | 168 | 118 | 100 | 144 |
Inventory Days | 192 | 138 | 126 | 177 | 210 |
Days Payable | 98 | 123 | 63 | 66 | 53 |
Cash Conversion Cycle | 300 | 184 | 182 | 211 | 301 |
Working Capital Days | 279 | 177 | 184 | 157 | 259 |
ROCE % | 9% | 14% | 10% | 6% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
1d - Avalon Technologies announces Q2 FY25 financial results.
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Announcement under Regulation 30 (LODR)-Investor Presentation
1d - Investor Presentation on the Financial Results for the Quarter and Half Year Ended September 30, 2024.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
1d - Schedule of Investor Conference to be held on November 12, 2024 and November 19, 2024.
- Results - Financial Results For The Quarter And Half Year Ended September 30, 2024 1d
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Board Meeting Outcome for For The Meeting Held On November 06, 2024
1d - Approved unaudited financial results for Q2 FY2024.
Concalls
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Nov 2024TranscriptNotesPPT
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Aug 2024Transcript PPT
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May 2024TranscriptPPTREC
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May 2024Transcript PPT
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Feb 2024Transcript PPT REC
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Nov 2023Transcript PPT REC
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Aug 2023Transcript PPT REC
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Jun 2023TranscriptPPT
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Jun 2023Transcript PPT
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May 2023TranscriptNotesPPT
Business Area[1] They provide a full stack product and solution suite, from printed circuit board (“PCB”) design and assembly to the manufacture of complete electronic systems (“Box Build”), to global OEMs across the United States, China, Netherlands, and Japan.