1. India Stocks

  2. •

    Electronic technology

  3. •

    Telecommunications equipment
Avantel Limited

Avantel Limited

136.55
INR
-5.55
(-3.91%)
0.59EPS
303.29P/E
47.73BMarket Cap
Avantel Limited
BSE:AVANTEL
(Bombay Stock Exchange)

Recent

price

136.55

P/E

ratio

303.29

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
0.75
0.92
1.52
0.49
0.99
0.96
1.31
2.02
1.97
2.02
3.03
4.1
6.03
8.76
9.72
8.1
8.73
Revenue per Share
0.08
0.14
0.23
-0.04
0.03
0.02
0.03
0.68
0.37
0.42
0.6
0.7
1.05
2.05
2.2
0.55
0.59
Basic EPS, GAAP
-0.07
0.08
0.05
-0.1
0.08
0.08
- -
0.23
0.1
0.05
1.52
-2.08
-0.4
1.31
-1.11
-3.01
- -
Free Cash Flow per Basic Share
0.02
0.03
0.04
0.05
- -
0.03
0.02
0.04
0.13
0.08
0.03
0.06
0.06
0.06
0.19
0.19
- -
Dividend per Share
0.58
0.66
0.84
0.78
0.77
0.79
0.81
1.44
1.68
2.02
2.59
3.22
4.2
6.41
9.21
12.73
- -
Book Value per Share
0.58
0.66
0.84
0.78
0.77
0.79
0.81
1.44
1.68
2.02
2.59
3.22
4.2
6.41
9.21
12.73
- -
Tangible Book Value per Share
297
283
283
264
256
256
256
256
256
256
256
256
256
256
256
274
272
Basic Weighted Avg Shares
223
260
429
130
253
246
336
517
504
518
776
1,049
1,544
2,242
2,487
2,223
2,379
Sales/Revenue/Turnover
15.61
19.69
21.35
-0.8
9.32
9.27
6.19
19.38
24.17
24.55
24.67
21.58
26.73
33.18
32.45
12.68
13.28
Operating Margin (%)
11
12
13
20
19
17
18
16
20
27
30
40
58
75
118
201
224
Depreciation Expense
25
39
65
-10
9
6
9
173
96
108
153
180
268
526
564
150
161
Net Income, GAAP
21.52
16.3
20.46
- -
26.38
9.33
16.24
28.47
23.29
17.33
17.13
19.99
26.81
26.54
28.95
39.14
40.53
Effective Tax Rate (%)
11.03
14.96
15.18
-7.95
3.53
2.41
2.63
33.5
19.01
20.78
19.76
17.14
17.38
23.45
22.7
6.74
6.79
Profit Margin (%)
84
72
70
91
89
81
71
252
314
388
481
491
693
1,012
1,328
1,595
- -
Working Capital
- -
- -
- -
45
35
24
14
- -
- -
33
31
28
24
60
172
123
- -
LT Debt
174
187
238
207
197
202
206
370
430
517
662
825
1,075
1,641
2,372
3,382
- -
Total Equity
15.4
20.82
29.78
- -
6.58
7.06
5.66
54.98
28.36
21.09
25.37
21.6
25.09
32.16
24.79
5.29
- -
Return on Invested Capital (%)
13.83
18.98
26.64
- -
4.83
3.76
6.41
50.85
23.97
22.6
25.16
21.95
25.34
34.41
25.88
5.49
- -
Return on Capital (%)
14.79
21.57
30.63
-4.64
4.42
2.97
4.33
60.1
23.97
22.71
26.01
24.17
28.25
38.7
28.13
5.21
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
221
- -
LT Borrowings
- -
123
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
265
266
266
Market Capitalization
41,838
33,599
47,735

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
2,181
- -
Cash, Cash Equivalents & STI
- -
73
- -
Accounts Receivable, Net
- -
717
- -
Inventories
- -
933
- -
Total Current Liabilities
- -
586
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
221
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
34.05%
38.93%
42.57%
Free Cash Flow
1,306.48%
-148.1%
190.06%
Net Income, GAAP
201.34%
19.26%
-73.44%
Sales/Revenue/Turnover
26.82%
25.58%
-10.6%
Total Cash Common Dividend
- -
- -
8.92%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
518
774
707
493
2,487
2026
519
- -
517
638
2,223
2027
704
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.32
0.94
0.87
0.26
2.2
2026
0.12
- -
0.1
0.17
0.55
2027
0.2
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
0.19
2026
- -
- -
- -
- -
0.19
2027
- -
- -
- -
- -
- -
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Business
Avantel Ltd designs, develops, manufactures and supplies advanced communication products and defence electronics, with a primary focus on satellite communication (SATCOM) systems, software defined radios (SDRs), high frequency (HF) communication equipment, radar subsystems including wind profiler radars, network management systems and application software, as well as embedded systems and digital signal processing solutions; it also provides mobile satellite services (MSS) networks for voice and data communications on platforms such as ships, submarines, aircraft and helicopters, UHF SATCOM networks, real-time information systems, ERM-SAT systems, solutions for ocean and tide gauges, visual databases for aircraft simulators, RF test equipment including spectrum analyzers and signal generators, and engineering facilities encompassing CNC machining, 3D printing and injection molding. Incorporated in 1990 and headquartered in Hyderabad, India, with manufacturing and R&D facilities in Visakhapatnam, Andhra Pradesh, the company primarily serves the Indian aerospace and defence sectors, including military applications compliant with MIL standards, while also offering health care products and diversifying into antennas and connectors for defence and aerospace. In recent developments, Avantel has secured multiple significant purchase orders in 2025, including Rs 17.55 crore from Bharat Electronics Ltd (BEL) for communication systems, Rs 125.1 million from BEL for SATCOM products, Rs 9.88 crore from the Department of Atomic Energy, Rs 193.3 million from Larsen & Toubro Ltd for SATCOM product services, Rs 10.11 crore from Hindustan Aeronautics Ltd for airborne satellite systems, Rs 3.36 crore from DRDO for SATCOM waveform development, Rs 9.92 crore from Garden Reach Shipbuilders & Engineers (GRSE), Rs 2.56 crore from BEL for antenna switching units, and Rs 8.82 crore from BEL for power amplifiers, underscoring its expanding role in indigenous defence technologies with executions scheduled through March 2026 and beyond.