Avantel Ltd
AVANTEL NSE
Avantel Ltd
IndustrialsNSE: AVANTEL BSE: 532406 Aerospace & Defense
Key Fundamentals
MicrocapEngineeringAerospace & DefenseMarket Cap
₹4,597 Cr
Volatility
Moderate
P/E Ratio
301.7
EBITDA
₹50.40 Cr
Return on Equity
32.02%
Debt to Equity
0.11
Book Value
₹12.73
EPS
₹2.13
52W High
₹215
52W Low
₹117.05
Technical Indicators
Key Insights
Strengths
1- Company has been maintaining a healthy dividend payout of 17.8%
Weaknesses
2- Stock is trading at 13.8 times its book value
- Promoter holding has decreased over last 3 years: -3.10%
Growth Rate
Revenue Growth
-10.20% ↘
Net Income Growth
-73.40% ↘
Cash Flow Change
-79.86% ↘
ROE
-81.38% ↘
ROCE
-73.30% ↘
EBITDA Margin (Avg.)
-40.55% ↘
Quarterly Results
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 52.53 | 68.95 | 54.33 | 59.33 | 41.76 | 51.76 | 77.42 | 70.68 | 49.26 | 51.91 | 55.42 | 51.72 | 63.83 |
| Expenses | 34.39 | 54.7 | 29.38 | 34.89 | 23.6 | 37.6 | 42.73 | 38.63 | 37.65 | 41.46 | 44.1 | 39.18 | 50.24 |
| Operating Profit | 18.14 | 14.25 | 24.95 | 24.44 | 18.16 | 14.16 | 34.69 | 32.05 | 11.61 | 10.45 | 11.32 | 12.54 | 13.59 |
| OPM % | 34.53% | 20.67% | 45.92% | 41.19% | 43.49% | 27.36% | 44.81% | 45.35% | 23.57% | 20.13% | 20.43% | 24.25% | 21.29% |
| Other Income | 0.09 | 0.21 | 0.4 | 0.36 | 0.46 | 0.3 | 0.49 | 0.51 | 0.48 | 0.05 | 0.91 | 0.41 | 1.1 |
| Interest | 1.51 | 1.49 | 1.51 | 0.87 | 0.31 | 0.64 | 0.72 | 1.02 | 0.66 | 0.8 | 1.26 | 1.77 | 1.81 |
| Depreciation | 1.53 | 1.57 | 1.64 | 1.84 | 2.45 | 2.86 | 2.96 | 3.05 | 2.94 | 4.4 | 4.76 | 5.36 | 5.57 |
| PBT | 15.19 | 11.4 | 22.2 | 22.09 | 15.86 | 10.96 | 31.5 | 28.49 | 8.49 | 5.3 | 6.21 | 5.82 | 7.31 |
| Tax % | 36.6% | 29.74% | 27.61% | 26.12% | 23.33% | 32.66% | 27.3% | 29.48% | 28.39% | 39.25% | 31.4% | 52.92% | 34.75% |
| Net Profit | 9.63 | 8.01 | 16.07 | 16.32 | 12.15 | 7.38 | 22.9 | 20.08 | 6.08 | 3.23 | 4.27 | 2.74 | 4.77 |
| EPS in Rs | 0.36 | 0.3 | 0.61 | 0.62 | 0.46 | 0.28 | 0.87 | 0.76 | 0.23 | 0.12 | 0.16 | 0.1 | 0.18 |
Profit & Loss
| Mar 2006 | Mar 2007 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales | 16 | 23 | 78 | 105 | 154 | 224 | 249 | 223 |
| Expenses | 14 | 18 | 56 | 78 | 108 | 143 | 157 | 175 |
| Operating Profit | 2 | 5 | 22 | 27 | 47 | 82 | 92 | 48 |
| OPM % | 12% | 22% | 29% | 25% | 30% | 36% | 37% | 22% |
| Other Income | 0 | 0 | 1 | 1 | 0 | 1 | 2 | 2 |
| Interest | 1 | 1 | 2 | 2 | 5 | 4 | 3 | 6 |
| Depreciation | 1 | 1 | 3 | 4 | 6 | 8 | 12 | 20 |
| PBT | 1 | 3 | 18 | 22 | 37 | 72 | 79 | 25 |
| Tax % | 10% | 34% | 17% | 20% | 27% | 27% | 29% | 39% |
| Net Profit | 1 | 2 | 15 | 18 | 27 | 53 | 56 | 15 |
| EPS in Rs | 0.03 | 0.06 | 0.58 | 0.68 | 1.02 | 2 | 2.13 | 0.56 |
| Div. Payout % | 0% | 24% | 11% | 9% | 6% | 9% | 9% | 35% |
Balance Sheet
| Mar 2006 | Mar 2007 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5 | 5 | 4 | 4 | 16 | 49 | 49 | 53 |
| Reserves | 6 | 8 | 62 | 78 | 91 | 115 | 188 | 285 |
| Borrowings | 0 | 0 | 3 | 16 | 30 | 18 | 26 | 34 |
| Other Liabilities | 9 | 6 | 17 | 11 | 12 | 34 | 26 | 37 |
| Total Liabilities | 21 | 19 | 87 | 109 | 149 | 216 | 290 | 410 |
| Fixed Assets | 7 | 8 | 16 | 27 | 31 | 48 | 115 | 181 |
| CWIP | 0 | 0 | 1 | 7 | 9 | 18 | 5 | 6 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 14 | 12 | 70 | 75 | 110 | 149 | 171 | 223 |
| Total Assets | 21 | 19 | 87 | 109 | 149 | 216 | 290 | 410 |
Cash Flow
| Mar 2006 | Mar 2007 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating | 4 | -1 | 45 | -32 | 2 | 65 | 50 | 10 |
| Investing | -1 | -1 | -42 | 23 | -10 | -42 | -57 | -93 |
| Financing | 0 | 0 | -3 | 9 | 8 | -23 | 8 | 86 |
| Net Cash Flow | 3 | -2 | 0 | 0 | 0 | 1 | 1 | 4 |
| Free Cash Flow | 3 | -3 | 39 | -53 | -10 | 35 | -15 | -83 |
| CFO/OP | 200 | -21 | 217 | -106 | 22 | 96 | 87 | 38 |
Ratios
| Mar 2006 | Mar 2007 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 134 | 93 | 62 | 126 | 94 | 104 | 104 | 117 |
| Inventory Days | 143 | 122 | 34 | 131 | 258 | 218 | 345 | 521 |
| Days Payable | 329 | 112 | 4 | 6 | 18 | 28 | 24 | 11 |
| Cash Conversion Cycle | -52 | 103 | 91 | 251 | 334 | 295 | 426 | 627 |
| Working Capital Days | 33 | 81 | 24 | 166 | 161 | 143 | 183 | 243 |
| ROCE % | — | 33% | — | 29% | 35% | 47% | 37% | 10% |
Documents
1
Board Meeting Outcome for Revised Outcome
4 May - Avantel reported FY26 consolidated revenue of Rs 222.87 crore, net profit Rs 14.99 crore, and recommended Rs 0.20 dividend. 4 May - Avantel reported FY26 consolidated revenue of Rs 222.87 crore, net profit Rs 14.99 crore, and recommended Rs 0.20 dividend.
2
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
30 Apr - Avantel says it is not a Large Corporate; outstanding long-term borrowings were Rs.12 crore as on March 31, 2026. 30 Apr - Avantel says it is not a Large Corporate; outstanding long-term borrowings were Rs.12 crore as on March 31, 2026.
3
Compliances-Reg.24(A)-Annual Secretarial Compliance
29 Apr - Avantel filed its FY2026 secretarial compliance report; two minor LODR delays were penalized by BSE/NSE. 29 Apr - Avantel filed its FY2026 secretarial compliance report; two minor LODR delays were penalized by BSE/NSE.
4
Board Meeting Outcome for Revised Outcome
4 May - Avantel reported FY26 consolidated revenue of Rs 222.87 crore, net profit Rs 14.99 crore, and recommended Rs 0.20 dividend. 4 May - Avantel reported FY26 consolidated revenue of Rs 222.87 crore, net profit Rs 14.99 crore, and recommended Rs 0.20 dividend.
5
Submission Of Press Release
5 May - Avantel chairman donated 60 lakh equity shares to Lakshmee Foundation on May 4, 2026. 5 May - Avantel chairman donated 60 lakh equity shares to Lakshmee Foundation on May 4, 2026.
4
Notice Of The 36Th Annual General Meeting (AGM) Of The Company And Annual Report For FY 2025-26. 30 May 2026
Intimation
Frequently Asked Questions about Avantel Ltd
What does Avantel Ltd do?
Avantel Limited is engaged in the business of designing, developing and maintaining wireless and satellite communication products, defence electronics, radar systems and development of network management software applications for its customers majorly from the aerospace and defence sectors. [1]
Where is Avantel Ltd (AVANTEL) listed?
Avantel Ltd is listed on the Indian stock exchanges. It is listed on NSE: AVANTEL and BSE: 532406. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Avantel Ltd belong to?
Avantel Ltd operates in the Industrials sector within the Aerospace & Defense industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Avantel Ltd?
Avantel Ltd has a market capitalisation of approximately ₹4596.80 Cr. Based on this, it is classified as a Small Cap stock.
What is the PE ratio of Avantel Ltd?
The Price-to-Earnings (PE) ratio of Avantel Ltd is 301.70. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Avantel Ltd?
Over the past 52 weeks, Avantel Ltd has traded between a low of ₹117.05 and a high of ₹215. This range helps investors understand the stock's price volatility and recent trading levels.
Does Avantel Ltd pay dividends?
Yes, Avantel Ltd has a dividend yield of 0.11%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Avantel Ltd?
Avantel Ltd has a Return on Equity (ROE) of 32.02%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Avantel Ltd on Tapetide?
On Tapetide, you can view Avantel Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Avantel Limited is engaged in the business of designing, developing and maintaining wireless and satellite communication products, defence electronics, radar systems and development of network management software applications for its customers majorly from the aerospace and defence sectors. [1]
Website avantel.in
CEO Dr. Abburi Vidyasagar
Employees 332
Listed 2024-07-31
Face Value ₹ 2
Issued Size 26,54,66,930