Latest news with #AvalonTechnologies
Economic Times
21 hours ago
- Automotive
- Economic Times
Kaynes & Avalon Poised for Strong CAGR Through FY27 on Scale; Motilal Oswal sees over 20% upside each
India's Electronics Manufacturing Services sector is experiencing rapid expansion, fueled by strong orders and increasing global relevance. Government initiatives and rising domestic demand across sectors like EVs and infrastructure are key drivers. Companies are scaling up operations, supported by export growth and improved margins. Kaynes Technologies and Avalon Technologies are highlighted as promising investments, with significant growth projections. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Kaynes Technologies: Buy| Target Rs 7300| LTP Rs 5770| Upside 26% Avalon Technologies: Buy| Target Rs 1030| LTP Rs 828| Upside 24% Tired of too many ads? Remove Ads (Disclaimer: The opinions expressed in this column are that of the writer. The facts and opinions expressed here do not reflect the views of .) India's Electronics Manufacturing Services (EMS) sector is witnessing rapid growth, supported by a strong order pipeline, ongoing capacity additions, and improving global industry is expanding across segments, backed by rising work content, better execution visibility, and a gradual shift towards higher-margin categories like aerospace, industrial, automotive, and critical inflows remain firm, aided by new client additions, margin-accretive contracts, and prototype-to-production conversions. The cumulative order book for the EMS space (excluding Amber and Dixon) rose 23% YoY to INR 163 billion in FY25, highlighting the sector's robust growth macro drivers are fuelling domestic electronics demand, including higher investments in surveillance, the evolution of electric vehicles and AI applications, and ongoing infrastructure upgrades. Low penetration of consumer electronics and rising income levels also support long-term the increasing involvement of both global and Indian players is strengthening the local value chain. Government-led initiatives such as the Production-Linked Incentive (PLI) and Electronic Component Manufacturing Scheme (ECMS) are further accelerating investments across segments like semiconductors and display companies are scaling up operations to match growing demand. New plant setups, export-oriented units, and investments in areas like OSAT and HDI PCB manufacturing are progressing initiatives cater to rising needs from regions such as Europe, GCC, and North America, while also enabling broader product offerings. Most players saw margin improvements in FY25, a trend likely to continue, boosting earnings summary, the EMS industry is on a strong growth trajectory, supported by favorable demand dynamics, increasing exports, and deepening domestic a supportive policy environment, expanding capacities, and growing importance in global supply chains, the sector is well placed to maintain its growth momentum in the foreseeable is poised for strong FY26 growth with a revenue target of INR45b, driven by higher-margin new orders, operating leverage, and expansion across key verticals such as automotive, aerospace, industrial, and acquisitions have enhanced its global presence & opened new growth opportunities, with future focus on high-margin ODMs & expansion in South Asia & PCB and OSAT units are expected to commercialize by 4QFY26, targeting INR25b revenue in FY27 and INR50b by FY28, with robust margins (~30%/20%). We estimate revenue/EBITDA/PAT CAGR of 57%/61%/70% over FY25–27, driven by scale and margin long-term revenue trajectory is anticipated to be strong, backed by: 1) the addition of new customers in the US and Indian markets, 2) order inflows from the high-growth/high-margin industries, such as clean energy, mobility, and industrials, 3) strategic collaborations and 4) venturing into advanced technology guided for 18-20% revenue growth in FY26, with gross margins of 33-35%. Strategic collaborations (e.g., with Zepco) and capex plans to expand capacity will support future growth. We expect a CAGR of 28%/40%/58% in revenue/EBITDA/adj. PAT over FY25-FY27.(The author is Head – Research, Wealth Management, Motilal Oswal Financial Services Ltd : Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)
Business Standard
07-05-2025
- Business
- Business Standard
Avalon Tech gains on reporting multi-fold jump in Q4 PAT
Avalon Technologies advanced 2.56% to Rs 876.10 after the company reported 243.9% surge in consolidated net profit to Rs 24.28 crore in Q4 FY25 as against Rs 7.06 crore posted in Q4 FY24. Revenue from operations jumped 58.10% to Rs 342.79 crore in the quarter ended 31 March 2025. Profit before tax (PBT) stood at Rs 32.57 crore, up 227.66%, compared to Rs 9.94 crore posted in the same quarter last year. The company reported an EBITDA of Rs 41.4 crore for the fourth quarter of FY25, representing a significant growth of 139.6% compared to Rs 17.3 crore in Q4 FY24. The EBITDA margin also improved substantially to 12.1% in Q4 FY25, up from 7.1% in the same quarter of the previous year. The order book jumped 29% to Rs 1,761 crore as of 31 March 2025, as compared to Rs 1,366 crore posted in the same period a year ago. The companys net working capital saw a notable improvement, decreasing by 37 days from 161 days as of March 2024 to 124 days as of March 2025. On a full-year basis, the companys consolidated net profit soared 126.65% to Rs 63.44 crore on a 26.6% jump in revenue to Rs 1,098.13 crore in FY25 over FY24. Avalon Technologies is one of Indias leading fully integrated Electronic Manufacturing Services (EMS) companies with end-to-end operations in delivering box-build solutions in India, with a focus on high-value precision-engineered products. Through a unique global delivery model, the company provides a full-stack product and solution suite, right from printed circuit board design and assembly to end-to-end box build of electronic systems.
Business Standard
07-05-2025
- Business
- Business Standard
Avalon Technologies consolidated net profit rises 243.91% in the March 2025 quarter
Sales rise 58.11% to Rs 342.79 croreNet profit of Avalon Technologies rose 243.91% to Rs 24.28 crore in the quarter ended March 2025 as against Rs 7.06 crore during the previous quarter ended March 2024. Sales rose 58.11% to Rs 342.79 crore in the quarter ended March 2025 as against Rs 216.81 crore during the previous quarter ended March the full year,net profit rose 126.65% to Rs 63.44 crore in the year ended March 2025 as against Rs 27.99 crore during the previous year ended March 2024. Sales rose 26.63% to Rs 1098.13 crore in the year ended March 2025 as against Rs 867.17 crore during the previous year ended March EndedYear EndedMar. 2025Mar. 2024% 2025Mar. 2024% 58 1098.13867.17 27 OPM %12.067.96 -10.467.21 - PBDT40.3016.06 151 115.2860.95 89 PBT32.579.94 228 86.7138.06 128 NP24.287.06 244 63.4427.99 127 Powered by Capital Market - Live News
Mint
23-04-2025
- Business
- Mint
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 23 April 2025
Breakout stocks buy or sell: Indian stock market benchmarks, the Sensex and Nifty 50, extended their winning streak for a sixth straight session on Tuesday, April 22. However, gains were limited due to weak global cues. The Sensex closed at 79,595.59, rising by 187 points or 0.24%, while the Nifty 50 ended at 24,167.25, up 42 points or 0.17%. Meanwhile, the BSE Midcap and Smallcap indices outperformed the benchmarks, advancing by 0.81% and 0.82%, respectively. Sumeet Bagadia, Executive Director at Choice Broking, believes that the Indian stock market bias is bullish despite the Nifty 50 index halting at 24,200 after raising for nearly two weeks. Speaking on the outlook of Indian stock market, Bagadia said, 'The 50- stock index has made crucial support at 23,800 and it is facing resistance at 24,250 to 24,300. On breaking above this hurdle, the key benchmark index may soon touch 24,800. Amid Q results 2025, one should maintain stock-specific approach and look at those stocks that are looking strong on the technical chart. Looking at breakout stocks for intraday trading can be a good option. " Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — Shankara Building Products, Avalon Technologies, Vadilal Industries, Kfin Technologies, and Azad Engineering. 1] Shankara Building Products: Buy at ₹ 656.2, target ₹ 785, stop loss ₹ 710; 2] Avalon Technologies: Buy at ₹ 913, target ₹ 980, stop loss ₹ 875; 3] Vadilal Industries: Buy at ₹ 7163.3, target ₹ 7600, stop loss ₹ 6850; 4] Kfin Technologies: Buy at ₹ 1284.4, target ₹ 1380, stop loss ₹ 1240; 5] Azad Engineering: Buy at ₹ 1560.6, target ₹ 1666, stop loss ₹ 1505. Disclaimer: The views and recommendations provided in this analysis are those of individual analysts or broking companies, not Mint. We strongly advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and individual circumstances may vary. First Published: 23 Apr 2025, 06:40 AM IST
