- #736 Kunhamed Bicha & family ₹4,300 Cr

About Avalon Technologies Limited
Data last updated:
Avalon Technologies Limited is a public limited company based in Chennai, Tamil Nadu, India. It operates in the scientific measuring equipment segment of the electronics sector. It was incorporated on 03 November 1999 and has been in existence for over 27 years.
Its director Kunhamed Bicha and family are #736 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN L30007TN1999PLC043479. Its GSTIN is 33AACCA4147K1ZU (Tamil Nadu). The company holds 4 GST registrations, of which 2 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 543896 and NSE: AVALON.
The company has an authorised share capital of ₹22 Cr and a paid-up capital of ₹13.35 Cr. It is led by directors including Kunhamed Bicha (Managing Director) and Luquman Veedu Ediyanam.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at B – 7 First Main Road Mepz – SEZ Tambaram, Chennai, Tamil Nadu, India – 600045.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹1,603.21 Cr, a growth of 46% compared to the previous year. For the same year it recorded a net profit of ₹110.2 Cr (net margin 6.9%) and EBITDA of ₹173.33 Cr (EBITDA margin 10.8%). The net worth stands at ₹731.65 Cr (up 16.5% YoY). Total assets are valued at ₹951.31 Cr (up 18.4% YoY).
The company has about 907 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Avalon Technologies. As per MCA filings, the company has open charges of ₹201.1 Cr and satisfied charges of ₹305.38 Cr on record. Court records list 7 cases involving the company, including 7 filed by the company; 3 cases are pending. The company has 24 deals on record (13 market trades, 5 funding rounds, 3 secondary share transfers), with disclosed funding of ₹45.36 Cr; the latest was in September 2026. The company has 11 MSME Form 1 returns on record between 2019 and 2023, listing 216 overdue payments to 45 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website avalontec.com.
Company details
CIN history
Avalon Technologies has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L30007TN1999PLC043479, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L30007TN1999PLC043479 | Current |
| U30007TN1999PTC043479 | Previous |
| U30007TN1999PLC043479 | Previous |
Recognitions & Rankings of Avalon Technologies
Contact details
Avalon Technologies Limited's registered office is in Chennai, Tamil Nadu.
- Social Media
- Registered AddressB – 7 First Main Road Mepz – SEZ Tambaram, Chennai, Tamil Nadu, India – 600045
- IndustryElectrnoics, Scientific Measuring Equipment, Communication, Electronic, Computer
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Avalon Technologies operates one associated brand: Avalon Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Vertically integrated electronic manufacturing services are provided. | avalontec.com |
Business activity
The main business activity of Avalon Technologies is manufacturing. In detail, this covers manufacture of computer, electronic and optical products, electrical equipment, general purpose and special purpose machinery & equipment, transport equipment and other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 26 | Manufacture of computer, electronic and optical products | |
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | |
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Avalon Technologies Limited, buy the company report.
Financials of Avalon Technologies Limited
FY 2025-26 filings availableAvalon Technologies Limited reported revenue of ₹1,603.21 Cr (up 46% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,603 | 1,098 | 867 | 945 | 841 | 690 | 642 |
| Revenue growth | +46.0% | +26.6% | -8.2% | +12.4% | +21.8% | +7.6% | - |
| EBITDA | 173 | 115 | 62.54 | 113 | 97.55 | 66.14 | 64.48 |
| EBITDA margin | +10.8% | +10.5% | +7.2% | +11.9% | +11.6% | +9.6% | +10.1% |
| Profit before tax | 154 | 86.72 | 38.05 | 72.69 | 85.62 | 28.83 | 15.29 |
| Net profit | 110 | 57.51 | 23.98 | 52.57 | 47.77 | 21.03 | 11.55 |
| Net profit margin | +6.9% | +5.2% | +2.8% | +5.6% | +5.7% | +3.1% | +1.8% |
| EPS (₹) | 16.92 | 9.59 | 4.26 | 9.06 | 3,957.92 | 1,345.84 | 754.25 |
| Balance sheet | |||||||
| Total assets | 951 | 803 | 770 | 891 | 417 | 353 | 287 |
| Net worth | 732 | 628 | 600 | 575 | 128 | 98.77 | 82.15 |
| Total debt | 203 | 164 | 156 | 304 | 279 | 277 | 239 |
| Cash & bank | 71.35 | 102 | 107 | 422 | 10.14 | 33.53 | 26.60 |
| Net working capital | 634 | 549 | 479 | 715 | 278 | 220 | 150 |
| Cash flow | |||||||
| Cash from operations | 57.19 | 25.06 | 17.29 | (13.24) | 15.66 | 5.52 | 65.73 |
| Cash from investing | (62.70) | 53.72 | (146) | (25.10) | (18.40) | (26.74) | (19.18) |
| Cash from financing | 7.90 | (52.28) | (251) | 452 | (20.84) | 27.96 | (42.34) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 484 | 480 | 418 | 382 | 323 | 343 | 281 | 275 |
| Revenue growth (YoY) | +49.8% | +40.0% | +48.7% | +39.1% | +62.1% | - | - | - |
| Other income | 2.82 | 11.92 | 7.43 | 7.91 | 1.66 | 3.18 | 9.97 | 3.92 |
| EBITDA | 57.95 | 56.86 | 47.96 | 38.61 | 29.89 | 41.36 | 34.63 | 30.14 |
| EBITDA margin | +12.0% | +11.8% | +11.5% | +10.1% | +9.2% | +12.1% | +12.3% | +11.0% |
| Depreciation | 8.58 | 8.31 | 7.95 | 8.87 | 8.47 | 7.73 | 7.36 | 6.88 |
| Interest | 3.46 | 4.21 | 2.96 | 4.07 | 3.77 | 4.23 | 4.52 | 3.74 |
| Profit before tax | 48.73 | 56.26 | 44.48 | 33.58 | 19.31 | 32.58 | 32.72 | 23.44 |
| Tax | 13.87 | 15.12 | 11.89 | 8.60 | 5.10 | 8.30 | 8.72 | 5.96 |
| Net profit | 34.86 | 41.14 | 32.59 | 24.98 | 14.21 | 24.28 | 24.00 | 17.48 |
| EPS (₹) | 5.20 | 6.14 | 4.89 | 3.75 | 2.12 | 3.63 | 3.58 | 2.61 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 821 | 632 | 442 | 479 | 435 | 369 | 327 |
| Revenue growth | +30.0% | +43.0% | -7.9% | +10.3% | +17.7% | +12.9% | - |
| EBITDA | 89.51 | 49.40 | 31.79 | 55.87 | 47.04 | 29.52 | 31.10 |
| EBITDA margin | +10.9% | +7.8% | +7.2% | +11.7% | +10.8% | +8.0% | +9.5% |
| Profit before tax | 120 | 67.16 | 43.24 | 38.44 | 36.45 | 13.73 | 7.44 |
| Net profit | 86.77 | 44.86 | 27.60 | 28.46 | 27.17 | 11.58 | 5.66 |
| Net profit margin | +10.6% | +7.1% | +6.3% | +5.9% | +6.3% | +3.1% | +1.7% |
| EPS (₹) | 13.39 | 7.64 | 4.94 | 4.90 | 1,705.13 | 727.78 | 346.75 |
| Balance sheet | |||||||
| Total assets | 867 | 773 | 714 | 791 | 374 | 345 | 323 |
| Net worth | 819 | 726 | 673 | 657 | 229 | 209 | 190 |
| Total debt | 39.48 | 40.63 | 32.82 | 127 | 140 | 131 | 129 |
| Cash & bank | 38.22 | 53.47 | 50.55 | 420 | 7.00 | 26.50 | 23.43 |
| Net working capital | 411 | 396 | 364 | 627 | 226 | 206 | 276 |
| Cash flow | |||||||
| Cash from operations | 67.23 | 4.29 | (9.78) | (18.86) | (4.25) | 86.09 | 35.92 |
| Cash from investing | (51.01) | (8.30) | (205) | (15.44) | (5.20) | (80.29) | (8.69) |
| Cash from financing | (4.33) | 6.29 | (181) | 449 | (9.60) | (2.73) | (17.03) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 211 | 234 | 215 | 206 | 166 | 202 | 151 | 162 |
| Revenue growth (YoY) | +26.5% | +15.7% | +41.7% | +27.7% | +42.6% | - | - | - |
| Other income | 6.56 | 14.97 | 11.55 | 11.58 | 5.84 | 5.43 | 12.77 | 6.32 |
| Total expenses | 187 | 209 | 191 | 181 | 150 | 181 | 140 | 154 |
| EBITDA | 23.35 | 24.52 | 23.27 | 25.08 | 16.67 | 21.28 | 11.77 | 7.32 |
| EBITDA margin | +11.1% | +10.5% | +10.8% | +12.2% | +10.0% | +10.5% | +7.8% | +4.5% |
| Depreciation | 2.76 | 2.76 | 2.52 | 2.43 | 2.30 | 1.84 | 1.69 | 1.50 |
| Interest | 0.52 | 1.22 | 0.41 | 1.06 | 0.92 | 0.88 | 0.80 | 0.57 |
| Profit before tax | 26.63 | 35.51 | 31.89 | 33.17 | 19.29 | 23.99 | 22.05 | 11.57 |
| Tax | 6.48 | 9.31 | 8.04 | 8.40 | 4.72 | 5.54 | 5.59 | 2.90 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 484 | 480 | 418 | 382 | 323 | 343 | 281 | 275 |
| Revenue growth (YoY) | +49.8% | +40.0% | +48.7% | +39.1% | +62.1% | - | - | - |
| Other income | 2.82 | 11.92 | 7.43 | 7.91 | 1.66 | 3.18 | 9.97 | 3.92 |
| EBITDA | 57.95 | 56.86 | 47.96 | 38.61 | 29.89 | 41.36 | 34.63 | 30.14 |
| EBITDA margin | +12.0% | +11.8% | +11.5% | +10.1% | +9.2% | +12.1% | +12.3% | +11.0% |
| Depreciation | 8.58 | 8.31 | 7.95 | 8.87 | 8.47 | 7.73 | 7.36 | 6.88 |
| Interest | 3.46 | 4.21 | 2.96 | 4.07 | 3.77 | 4.23 | 4.52 | 3.74 |
| Profit before tax | 48.73 | 56.26 | 44.48 | 33.58 | 19.31 | 32.58 | 32.72 | 23.44 |
| Tax | 13.87 | 15.12 | 11.89 | 8.60 | 5.10 | 8.30 | 8.72 | 5.96 |
| Net profit | 34.86 | 41.14 | 32.59 | 24.98 | 14.21 | 24.28 | 24.00 | 17.48 |
| EPS (₹) | 5.20 | 6.14 | 4.89 | 3.75 | 2.12 | 3.63 | 3.58 | 2.61 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,603 | 1,098 | 867 | 945 | 841 | 690 | 642 |
| Revenue growth | +46.0% | +26.6% | -8.2% | +12.4% | +21.8% | +7.6% | - |
| Other income | 28.92 | 17.11 | 14.81 | 14.52 | 30.92 | 5.43 | 11.28 |
| Total expenses | 1,430 | 983 | 805 | 832 | 743 | 624 | 577 |
| Employee cost | 281 | 199 | 185 | 172 | 131 | 119 | 116 |
| EBITDA | 173 | 115 | 62.54 | 113 | 97.55 | 66.14 | 64.48 |
| EBITDA margin | +10.8% | +10.5% | +7.2% | +11.9% | +11.6% | +9.6% | +10.1% |
| Depreciation | 33.60 | 28.57 | 22.90 | 19.66 | 18.00 | 15.75 | 15.51 |
| Interest | 15.01 | 16.70 | 16.40 | 34.79 | 24.85 | 26.99 | 44.96 |
| Profit before tax | 154 | 86.72 | 38.05 | 72.69 | 85.62 | 28.83 | 15.29 |
| Tax | 40.70 | 23.28 | 10.07 | 20.19 | 18.17 | 5.75 | 2.97 |
| Net profit | 110 | 57.51 | 23.98 | 52.57 | 47.77 | 21.03 | 11.55 |
| Net profit margin | +6.9% | +5.2% | +2.8% | +5.6% | +5.7% | +3.1% | +1.8% |
| EPS (₹) | 16.92 | 9.59 | 4.26 | 9.06 | 3,957.92 | 1,345.84 | 754.25 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 23.29 | 29.71 | 66.13 | 49.86 | 40.39 | 40.42 | 37.11 |
| Reserves & surplus | 708 | 598 | 534 | 525 | 87.19 | 58.35 | 45.04 |
| Shareholders' funds (net worth) | 732 | 628 | 600 | 575 | 128 | 98.77 | 82.15 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | (31.74) | (43.13) |
| Secured loans | 1.23 | 1.88 | 0.36 | 27.32 | 0.00 | 0.38 | 1.11 |
| Unsecured loans | 202 | 162 | 155 | 276 | 279 | 277 | 238 |
| Total debt | 203 | 164 | 156 | 304 | 279 | 277 | 239 |
| Total liabilities | 951 | 803 | 770 | 891 | 417 | 353 | 287 |
| Assets | |||||||
| Gross block | 321 | 276 | 210 | 169 | 134 | 134 | 113 |
| Net block | 192 | 185 | 147 | 128 | 114 | 104 | 98.67 |
| Capital work in progress | 23.94 | 10.40 | 19.65 | 15.29 | 1.97 | 0.00 | 2.67 |
| Investments | 80.62 | 34.95 | 75.49 | 0.00 | 0.00 | 0.00 | 2.35 |
| Inventories | 463 | 338 | 316 | 318 | 233 | 146 | 155 |
| Sundry debtors | 381 | 316 | 187 | 206 | 177 | 182 | 114 |
| Cash & bank balances | 71.35 | 102 | 107 | 422 | 10.14 | 33.53 | 26.60 |
| Loans & advances | 29.80 | 28.07 | 23.55 | 65.68 | 29.75 | 18.42 | 17.01 |
| Total current assets | 946 | 784 | 633 | 1,012 | 450 | 380 | 313 |
| Total current liabilities | 312 | 235 | 154 | 297 | 173 | 160 | 163 |
| Net working capital | 634 | 549 | 479 | 715 | 278 | 220 | 150 |
| Total assets | 951 | 803 | 770 | 891 | 417 | 353 | 287 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 68.83 | 42.34 | 422 | 7.76 | 31.34 | 24.59 | 20.39 |
| Net cash from operating activities | 57.19 | 25.06 | 17.29 | (13.24) | 15.66 | 5.52 | 65.73 |
| Net cash from investing activities | (62.70) | 53.72 | (146) | (25.10) | (18.40) | (26.74) | (19.18) |
| Net cash from financing activities | 7.90 | (52.28) | (251) | 452 | (20.84) | 27.96 | (42.34) |
| Net change in cash | 2.40 | 26.49 | (380) | 414 | (23.58) | 6.75 | 4.20 |
| Closing cash | 71.35 | 102 | 107 | 422 | 10.14 | 33.53 | 26.60 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +46.0% | +26.6% | -8.2% | +12.4% | +21.8% | +7.6% | - |
| EBITDA growth | +50.9% | +83.7% | -44.5% | +15.5% | +47.5% | +2.6% | - |
| PBT growth | +77.2% | +127.9% | -47.7% | -15.1% | +197.0% | +88.6% | +9997.0% |
| Net income growth | +91.6% | +139.8% | -54.4% | +10.1% | +127.2% | +82.1% | - |
| Revenue CAGR (3Y) | +19.3% | +9.3% | +7.9% | +13.8% | - | - | - |
| EBITDA CAGR (3Y) | +15.5% | +5.6% | -1.9% | +20.4% | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | +7.0% | +5.8% | +3.2% | +5.6% | +8.0% | +3.3% | +1.9% |
| Return on capital employed | +19.2% | +13.2% | +5.8% | +16.4% | +22.6% | +15.6% | +18.3% |
| Return on net worth | +16.9% | +11.0% | +4.4% | +16.8% | +70.0% | +43.3% | +26.5% |
| Debt / equity | 0.27 | 0.26 | 0.39 | 0.83 | 2.46 | 2.85 | 2.91 |
| Long-term debt / equity | 0.04 | 0.05 | 0.08 | 0.15 | 0.49 | 0.51 | 0.42 |
| Interest cover | 10.74 | 19.35 | 41.37 | 37.42 | 31.24 | 53.56 | 91.81 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 5.37 | 4.52 | 4.57 | 6.23 | 6.28 | 5.61 | 5.70 |
| Inventory turnover | 4.00 | 3.36 | 2.73 | 3.43 | 4.44 | 4.59 | 4.13 |
| Debtors turnover | 4.60 | 4.37 | 4.41 | 4.93 | 4.68 | 4.67 | 5.64 |
| EPS (₹) | 16.92 | 9.59 | 4.26 | 9.06 | 3,957.92 | 1,345.84 | 754.25 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 108.09 | 92.34 | 83.29 | 92.66 | 5,559.42 | 3,753.60 | 3,043.99 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 211 | 234 | 215 | 206 | 166 | 202 | 151 | 162 |
| Revenue growth (YoY) | +26.5% | +15.7% | +41.7% | +27.7% | +42.6% | - | - | - |
| Other income | 6.56 | 14.97 | 11.55 | 11.58 | 5.84 | 5.43 | 12.77 | 6.32 |
| Total expenses | 187 | 209 | 191 | 181 | 150 | 181 | 140 | 154 |
| EBITDA | 23.35 | 24.52 | 23.27 | 25.08 | 16.67 | 21.28 | 11.77 | 7.32 |
| EBITDA margin | +11.1% | +10.5% | +10.8% | +12.2% | +10.0% | +10.5% | +7.8% | +4.5% |
| Depreciation | 2.76 | 2.76 | 2.52 | 2.43 | 2.30 | 1.84 | 1.69 | 1.50 |
| Interest | 0.52 | 1.22 | 0.41 | 1.06 | 0.92 | 0.88 | 0.80 | 0.57 |
| Profit before tax | 26.63 | 35.51 | 31.89 | 33.17 | 19.29 | 23.99 | 22.05 | 11.57 |
| Tax | 6.48 | 9.31 | 8.04 | 8.40 | 4.72 | 5.54 | 5.59 | 2.90 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 821 | 632 | 442 | 479 | 435 | 369 | 327 |
| Revenue growth | +30.0% | +43.0% | -7.9% | +10.3% | +17.7% | +12.9% | - |
| Other income | 43.94 | 26.97 | 19.24 | 5.08 | 7.45 | 1.22 | 0.65 |
| Total expenses | 732 | 582 | 410 | 424 | 388 | 340 | 296 |
| Employee cost | 91.05 | 63.66 | 48.79 | 42.37 | 34.57 | 27.56 | 31.38 |
| EBITDA | 89.51 | 49.40 | 31.79 | 55.87 | 47.04 | 29.52 | 31.10 |
| EBITDA margin | +10.9% | +7.8% | +7.2% | +11.7% | +10.8% | +8.0% | +9.5% |
| Depreciation | 10.01 | 6.41 | 5.20 | 4.87 | 5.66 | 3.44 | 4.22 |
| Interest | 3.61 | 2.80 | 2.59 | 17.64 | 12.38 | 13.57 | 20.09 |
| Profit before tax | 120 | 67.16 | 43.24 | 38.44 | 36.45 | 13.73 | 7.44 |
| Tax | 30.48 | 16.59 | 10.77 | 10.07 | 9.20 | 2.11 | 1.78 |
| Net profit | 86.77 | 44.86 | 27.60 | 28.46 | 27.17 | 11.58 | 5.66 |
| Net profit margin | +10.6% | +7.1% | +6.3% | +5.9% | +6.3% | +3.1% | +1.7% |
| EPS (₹) | 13.39 | 7.64 | 4.94 | 4.90 | 1,705.13 | 727.78 | 346.75 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 13.35 | 13.23 | 13.14 | 11.59 | 5.10 | 5.10 | 5.03 |
| Reserves & surplus | 806 | 712 | 660 | 645 | 224 | 204 | 185 |
| Shareholders' funds (net worth) | 819 | 726 | 673 | 657 | 229 | 209 | 190 |
| Secured loans | 35.16 | 36.01 | 10.00 | 0.00 | 0.00 | 2.62 | 117 |
| Unsecured loans | 4.32 | 4.62 | 22.82 | 127 | 140 | 129 | 12.47 |
| Total debt | 39.48 | 40.63 | 32.82 | 127 | 140 | 131 | 129 |
| Total liabilities | 867 | 773 | 714 | 791 | 374 | 345 | 323 |
| Assets | |||||||
| Gross block | 134 | 113 | 69.53 | 56.56 | 48.08 | 109 | 99.53 |
| Net block | 103 | 91.47 | 54.01 | 46.09 | 42.48 | 36.38 | 30.77 |
| Capital work in progress | 21.76 | 6.92 | 14.70 | 12.19 | 1.97 | 0.00 | 2.67 |
| Investments | 229 | 194 | 192 | 87.60 | 87.38 | 86.28 | 11.15 |
| Inventories | 228 | 180 | 192 | 174 | 114 | 111 | 128 |
| Sundry debtors | 287 | 278 | 174 | 132 | 141 | 170 | 185 |
| Cash & bank balances | 38.22 | 53.47 | 50.55 | 420 | 7.00 | 26.50 | 23.43 |
| Loans & advances | 12.48 | 14.79 | 16.06 | 54.43 | 33.05 | 10.50 | 18.79 |
| Total current assets | 566 | 526 | 433 | 780 | 295 | 318 | 355 |
| Total current liabilities | 156 | 130 | 68.35 | 153 | 69.33 | 112 | 79.09 |
| Net working capital | 411 | 396 | 364 | 627 | 226 | 206 | 276 |
| Total assets | 867 | 773 | 714 | 791 | 374 | 345 | 323 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 26.32 | 24.04 | 420 | 5.29 | 24.33 | 23.43 | 13.22 |
| Net cash from operating activities | 67.23 | 4.29 | (9.78) | (18.86) | (4.25) | 86.09 | 35.92 |
| Net cash from investing activities | (51.01) | (8.30) | (205) | (15.44) | (5.20) | (80.29) | (8.69) |
| Net cash from financing activities | (4.33) | 6.29 | (181) | 449 | (9.60) | (2.73) | (17.03) |
| Net change in cash | 11.89 | 2.29 | (396) | 415 | (19.04) | 3.07 | 10.20 |
| Closing cash | 38.22 | 53.47 | 50.55 | 420 | 7.00 | 26.50 | 23.43 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +30.0% | +43.0% | -7.9% | +10.3% | +17.7% | +12.9% | - |
| EBITDA growth | +81.2% | +55.4% | -43.1% | +18.8% | +59.4% | -5.1% | - |
| PBT growth | +78.4% | +55.3% | +12.5% | +5.5% | +165.5% | +84.5% | -28.6% |
| Net income growth | +93.4% | +62.5% | -3.0% | +4.8% | +134.6% | +104.6% | - |
| Revenue CAGR (3Y) | +19.6% | +13.3% | +6.1% | +13.6% | +5.8% | - | - |
| EBITDA CAGR (3Y) | +17.0% | +1.7% | +2.5% | +21.6% | +10.8% | - | - |
| Profitability & leverage | |||||||
| Net income margin | +10.9% | +8.0% | +7.4% | +5.9% | +6.3% | +3.2% | +1.7% |
| Return on capital employed | +15.1% | +9.4% | +5.2% | +9.6% | +13.6% | +8.3% | +9.0% |
| Return on net worth | +11.6% | +7.2% | +4.2% | +6.4% | +12.6% | +6.0% | +3.1% |
| Debt / equity | 0.05 | 0.05 | 0.12 | 0.30 | 0.62 | 0.66 | 0.73 |
| Long-term debt / equity | 0.00 | 0.01 | 0.02 | 0.05 | 0.07 | 0.04 | 0.02 |
| Interest cover | 4.54 | 6.51 | 9.74 | 34.59 | 29.92 | 52.03 | 74.74 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 6.66 | 6.93 | 7.01 | 9.16 | 5.55 | 3.66 | 4.23 |
| Inventory turnover | 4.02 | 3.39 | 2.42 | 3.33 | 3.86 | 3.09 | 2.91 |
| Debtors turnover | 2.91 | 2.79 | 2.88 | 3.51 | 2.79 | 2.08 | 1.75 |
| EPS (₹) | 13.39 | 7.64 | 4.94 | 4.90 | 1,705.13 | 727.78 | 346.75 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 122.68 | 109.66 | 102.44 | 113.36 | 14,119.22 | 12,855.00 | 11,779.73 |
To see the full year-wise statements and ratios of Avalon Technologies Limited, buy the company report.
Board of directors of Avalon Technologies Limited
Avalon Technologies has 8 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Luquman Veedu Ediyanam Also directs: Avalon Technology and Services Private Limited, Avenbrick LLP, Lameez Builders and Developers (India) Private Limited and 5 more | Director | 03 Mar 2017 | 9 Years 8 Months | Current |
| Kunhamed Bicha | Managing Director | 03 Nov 1999 | 27 Years 0 Months | Current |
| Byas Unnikrishnan Nambisan Also directs: Avalon Technology and Services Private Limited | Director | 19 Jul 2022 | 4 Years 3 Months | Current |
| Chandar Pattabhiram | Director | 07 Jul 2022 | 4 Years 4 Months | Current |
| Venkataramani Anantharamakrishnan | Director | 07 Jul 2022 | 4 Years 4 Months | Current |
| Nandita Abraham | Director | 07 Feb 2023 | 3 Years 9 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Mar 2026 | 101259420 | Bank of India | ₹35 Cr | Open | |
| 29 Oct 2021 | 100498873 | Hdfc Bank Limited | ₹48.5 Cr | Open | |
| 29 Oct 2020 | 100425175 | Indian Bank | ₹39 Cr | Open | |
| 09 Oct 2014 | 10528725 | Indian Bank | ₹30 Cr | Open | |
| 01 Mar 2012 | 10350556 | Bank of India | ₹23.6 Cr | Open |
To see the full charge records of Avalon Technologies Limited, buy the company report.
Total charge records: 27 View all charges
Deals & funding
Avalon Technologies Limited has 24 deals on record (13 market trades, 5 funding rounds, 3 secondary share transfers), with disclosed funding of ₹45.36 Cr; the latest was in September 2026.
Deals on record (5 of 24)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2025 | Market trade | ₹49.03 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Jan 2025 | Market trade | ₹36.11 Cr | Buyer: Parth Infin Brokers Private Limited Seller: Parth Infin Brokers Private Limited |
| Dec 2024 | Market trade | ₹32.26 Cr | Buyer: Crony Vyapar Private Limited Seller: Crony Vyapar Private Limited |
| Nov 2024 | Market trade | ₹67.52 Cr | Buyer: Aakraya Research LLP , Hrti Private Limited Seller: Aakraya Research LLP , Hrti Private Limited |
| Sep 2024 | Market trade | ₹23.37 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
To see the full deal history of Avalon Technologies Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Avalon Technologies Limited has 7 court cases on record: 7 filed by Avalon Technologies. 3 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 0 | 3 |
Cases on record (2 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against Deputy Commissioner of Income Tax | Pending |
| High Court, TAMIL NADU | Court case (TCA) | Filed by the company against Deputy Commissioner of Income Tax | Disposed |
To see the full case history of Avalon Technologies Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Avalon Technologies Limited was last rated by Indiarating on 02 Nov 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 02 Nov 2021 |
To see the full credit ratings and regulatory alerts of Avalon Technologies Limited, buy the company report.
MSME payment delays
Avalon Technologies Limited has 11 MSME Form 1 returns on record between 2019 and 2023, listing 216 overdue payments to 45 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 45)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Electrotek Static Controls Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| GTS Tool Plast LLP | |||
| an individual supplier |
To see the full MSME payment records of Avalon Technologies Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Avalon Technologies has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCA4147K1ZU | Tamil Nadu | Active | 01 Jul 2017 |
| 33AACCA4147K2ZT | Tamil Nadu | Active | 28 Nov 2017 |
To see the full GST registrations and return filing status of Avalon Technologies Limited, buy the company report.
Recent activity
Avalon Technologies Limited has 23 board changes on record since 1999: 9 appointments and 14 cessations. The latest: Coimbatore Gopal Balaji was appointed as Additional Director on 03 Sep 2026.
73 earlier events are in the company report.
News
Frequently asked questions
Avalon Technologies is an active public limited company based in Chennai, Tamil Nadu, India. The company works in scientific measuring equipment, within the electronics industry. It was incorporated on 03 November 1999 (27+ years old) and is registered under CIN L30007TN1999PLC043479. Listed on BSE: 543896 and NSE: AVALON.
Avalon Technologies reported revenue of ₹1,603.21 Cr for FY 2025-26 (up 46% YoY) based on consolidated financials.
Avalon Technologies has 8 current directors:
- Kunhamed Bicha - Managing Director
- Luquman Veedu Ediyanam - Director
- Byas Unnikrishnan Nambisan - Director
- Chandar Pattabhiram - Director
- Venkataramani Anantharamakrishnan - Director
- Nandita Abraham - Director
- Anees Ahmed - Director
- Coimbatore Gopal Balaji - Additional Director
The latest financial statements of Avalon Technologies on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Avalon Technologies is 33AACCA4147K1ZU, registered in Tamil Nadu. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 33AACCA4147K2ZT (Tamil Nadu).
The CIN (Corporate Identification Number) of Avalon Technologies is L30007TN1999PLC043479. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Avalon Technologies is a listed company as per MCA records. Its shares are listed on both BSE (code: 543896) and NSE (symbol: AVALON).
Avalon Technologies has 7 court cases on record: 7 filed by the company. 3 are pending.
Avalon Technologies was incorporated on 03 November 1999, making it 27+ years old. It is registered with the Registrar of Companies, Chennai.
Avalon Technologies has 24 deals on record (13 market trades, 5 funding rounds, 3 secondary share transfers), with disclosed funding of ₹45.36 Cr; the latest was in September 2026.
Coimbatore Gopal Balaji was appointed as Additional Director on 03 Sep 2026. Sareday Seshu Kumar ceased to be Director on 17 Dec 2024. Rajesh Vijayakumar ceased to be Company Secretary on 29 Nov 2024. Avalon Technologies has 23 board changes on record in total.

