Avalon Technologies Management Guidance Tracker

8 forward-looking guidance items tracked across 2 quarters.

Revenue

Q3 FY26FY26 revenue growth guidance raised to ~40%Active

Management revised FY26 revenue growth guidance upward to around 40% from the earlier 28-30%, citing improved business visibility and program ramp-ups.

Q4 FY26FY27 revenue growth guidance of 24-27%Active

Management guided for revenue growth of 24-27% in FY27, reflecting sustained momentum.

Capex

Q3 FY26Capex to remain ~₹50 crore per yearTracked

Management expects capex of around ₹50 crore annually for the next couple of years, maintaining a capex-light model with asset turns between 7-10x.

Q4 FY26Capex of ~₹50-60 crore annuallyActive

Annual capex is expected to remain in the range of ₹50-60 crore, similar to prior years.

Margins

Q3 FY26US manufacturing losses expected to improve by later FY27Tracked

US manufacturing PAT loss reduced to -₹7 crore this quarter from -₹9 crore; management expects further improvement as energy storage and new programs ramp.

Q4 FY26US manufacturing breakeven in later part of FY27Tracked

Management expects US manufacturing to reach breakeven in the later part of FY27 as losses narrow.

Other

Q3 FY26FY27 outlook to be shared after budget completion next quarterActive

Management will provide FY27 guidance once the budgeting exercise is completed in the next quarter.

Growth

Q4 FY26Doubling revenue to ~₹3,200 crore by FY29Tracked

From the FY26 base of ₹1,603 crore, the company targets to double revenue to approximately ₹3,200 crore by FY29.