Summary of Key Information:

Reporting Period (Quarter/Year): Quarter Ended June 30, 2026 (Q1 FY27)

Nature of Filing / Announcement: Outcome of Board Meeting - Financial Results under SEBI LODR Regulations

Audit Opinion:

Clean Opinion - No material misstatements identified. The limited review report issued by Varma & Varma Chartered Accountants (FRN. 004532S) concluded that nothing came to their attention causing them to believe the financial results contain any material misstatement.

Key Financial Highlights [₹ in Millions]:

Standalone Results:

Revenue from Operations: ₹2,106.40 (Q1 FY27)

Other Income: ₹65.57 (Q1 FY27)

Total Income: ₹2,171.97 (Q1 FY27)

EBITDA: Not Specified

Net Profit: ₹201.49 (Q1 FY27)

EPS: Basic ₹3.02, Diluted ₹3.00 (not annualized)

Other Equity: Not Specified

Cash and Cash Equivalents: Not Specified

Debt: Not Specified

Consolidated Results:

Revenue from Operations: ₹4,844.14 (Q1 FY27), showing 50% YoY growth from ₹3,233.08 in Q1 FY26

Other Income: ₹28.17 (Q1 FY27)

Total Income: ₹4,872.31 (Q1 FY27)

EBITDA: Not Specified

Net Profit: ₹348.69 (Q1 FY27) [100% attributable to equity holders of parent]

EPS: Basic ₹5.22, Diluted ₹5.20 (not annualized)

Other Equity: ₹7,083.52 (as of March 31, 2026)

Cash and Cash Equivalents: Not Specified

Debt: Not Specified

Segment-wise Performance:

The Company operates in only one reportable business segment: Electronics Manufacturing Services (EMS) with capabilities in printed circuit board assembly, custom cable and wire harnesses, etc.

Corporate Actions:

Not Specified

Other Significant Information:

  • Employee Stock Options: 20,03,321 options granted; 3,29,083 outstanding as of June 30, 2026
  • During the quarter, 45,592 equity shares were allotted upon exercise of employee stock options
  • The consolidated results include subsidiaries: Avalon Technology and Services Private Limited, Sienna Ecad Technologies Private Limited, and ABV Electronics, Inc. (D/B/A Sienna Corporation), United States of America
  • The subsidiary in the United States reported total income of ₹2,392.03 million and net profit of ₹64.02 million for Q1 FY27
  • Previous period figures have been re-grouped/reclassified where necessary