Avantel
- Market cap
- ₹ 3,606 Cr.
- P/E
- 211.4x
- P/B
- 11.15x
- 52-week range
- 117.05 – 197.77
- ROE
- 5%
- ROCE
- 10%
- Dividend yield
- 0.1%
- Debt / equity
- 0.1
- Sector
- Aerospace & Defense
- Industry
- Aerospace & Defense
- Listed on
- NSE, BSE
About
Avantel Limited is an India-based company, which is engaged in the manufacturing of wireless front-end, satellite communication, embedded systems, signal processing, network management and software development, and rendering related customer support services. The Company's segments include Communications and signal processing products, and Health Care Services. It offers a mobile satellite services (MSS) network for the Indian Navy to provide reliable, secured, real-time, long-range (1000 nautical miles from shore) voice and data communications between ships, submarines, aircraft and Helios. It has developed wind profile radars, which provide three-dimensional atmospheric wind data on a continuous basis with spatial resolution. The Company has also developed a real-time solution for position determination and location transmission of the rolling stock for Indian railways. The system also enables the train information to be accessed through the Web or mobile service provider.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Aerospace & Defense: 33 companies →Avantel against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)211.4 against a typical 72.2: pricier than most peers (1st = cheapest).30th of 33
- Sales growth+35.7% against a typical +30.4% from a year earlier.13th of 28
- Profit growth+66.9% against a typical +8.9% from a year earlier.5th of 27
- Share price, 3 months−15.2% against a typical −2%.25th of 32
- Size₹ 3,605.9 Cr. market value against a typical ₹ 4,442.2 Cr. (1st = largest).15th of 28
Latest announcements
Exchange filings and their impact on the company.
- Avantel to absorb tiny medical-devices subsidiary with no new shares, leaving business essentially unchanged.
Avantel's board on October 26, 2026 approved merging its wholly-owned subsidiary Imeds Global Private Limited into Avantel, subject to NCLT and other approvals, with no new shares or cash payment. Imeds had FY26 revenue of Rs 1.6 crore and net worth of Rs 21.8 crore versus Avantel standalone revenue of Rs 221.35 crore and net worth of Rs 356.5 crore. The board also appointed Vice President-Technical Nimmagadda Sreenivasa Rao as Director (Technical) for three years. The merger simplifies the group structure but does not change consolidated scale or shareholding.
- Strong Q2 with 34% sales and 60% profit growth signals ~30% higher revenue and profit next year despite rising debt.
Avantel reported strong Q2 FY27 results with consolidated revenue of Rs 74.4 crore, up 34% from last year, and net profit of Rs 6.8 crore, up 60%. Half-year sales of Rs 144.8 crore and profit of Rs 12.2 crore are already over 65% of last full year. The board also approved merging its wholly-owned healthcare subsidiary Imeds Global into itself and appointed Nimmagadda Sreenivasa Rao as Director Technical for three years. Debt rose to fund inventory and new plant, but earnings momentum is strong.
- Avantel won a Rs 12.04 cr L&T satcom AMC order executable till Oct 2028, adding ~2% to next-12-month revenue.
Avantel Limited received a purchase order dated October 9, 2026 from Larsen & Toubro Limited for comprehensive annual maintenance of Satcom equipment. The order is worth Rs 12.04 crore inclusive of taxes and is to be executed by October 2028. The small domestic service order adds about two years of recurring maintenance revenue visibility but is only ~5% of annual sales.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Adequate safety
Rated A- by 2 agencies- All agencies agree and none has raised a warning.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| Acuite | ACUITE A- | Stable | 7 Oct 2026 |
| CARE | CARE A- | Stable | 9 Apr 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 7 Oct 2026 | New rating | ACUITE A- | Medium | Acuite | ₹ 124.44 Cr. | |
| 9 Apr 2026 | Reaffirmed | CARE A- | — | CARE | ₹ 249.5 Cr. | |
| 10 Oct 2025 | Reaffirmed | CARE A- | — | CARE | ₹ 135 Cr. | |
| 5 Sep 2025 | New rating | ACUITE A- | — | Acuite | ₹ 134.5 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 26 Oct 2026 | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 18 Sep 2026 | Other business matters | Notice of Board Meeting under Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 |
| 11 Jul 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 26 Apr 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and dividend |
| 25 Jan 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 18 Oct 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 54 | 59 | 42 | 52 | 77 | 71 | 49 | 52 | 55 | 52 | 64 | 70 |
| Expenses | 29 | 35 | 24 | 38 | 43 | 39 | 38 | 41 | 44 | 39 | 50 | 53 |
| Operating Profit | 25 | 24 | 18 | 14 | 35 | 32 | 12 | 10 | 11 | 13 | 14 | 17 |
| OPM % | 45.9% | 41.2% | 43.5% | 27.4% | 44.8% | 45.4% | 23.6% | 20.1% | 20.4% | 24.3% | 21.3% | 24.8% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 1 | 0 | 1 | 0 |
| Interest | 2 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 |
| Depreciation | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 4 | 5 | 5 | 6 | 7 |
| Profit before tax | 22 | 22 | 16 | 11 | 32 | 28 | 8 | 5 | 6 | 6 | 7 | 9 |
| Tax % | 27.6% | 26.1% | 23.3% | 32.7% | 27.3% | 29.5% | 28.4% | 39.3% | 31.4% | 52.9% | 34.8% | 37.9% |
| Net Profit | 16 | 16 | 12 | 7 | 23 | 20 | 6 | 3 | 4 | 3 | 5 | 5 |
| EPS in Rs | 0.61 | 0.62 | 0.46 | 0.28 | 0.87 | 0.76 | 0.23 | 0.12 | 0.16 | 0.1 | 0.18 | 0.2 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 23%
- 3 Years
- 13%
- TTM
- −3%
- 10 Years
- —
- 5 Years
- 0%
- 3 Years
- −17%
- TTM
- −67%
- 10 Years
- 57%
- 5 Years
- 71%
- 3 Years
- 33%
- TTM
- —
- 10 Years
- —
- 5 Years
- 21%
- 3 Years
- 20%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Avantel | ₹ 134.50 | ₹ 3,606 Cr. | 211.4x | 11.2x | 5% | — |
| HFCL | ₹ 240.45 | ₹ 36,803 Cr. | 100.1x | 6.7x | 7% | 6.7% |
| ITI | ₹ 215.45 | ₹ 20,719 Cr. | — | 14.4x | 16.6% | 13.4% |
| Tejas Networks | ₹ 410.00 | ₹ 7,301 Cr. | — | 3.3x | −26.8% | −82.4% |
| Vindhya Telelinks | ₹ 2,478.30 | ₹ 2,894 Cr. | 9.6x | 0.5x | 5.3% | 6.1% |
| Paramount Communications | ₹ 57.59 | ₹ 1,885 Cr. | 32.8x | 2.5x | 8% | 3.1% |
Management
- Abburi Vidyasagar
- Chairman of the Board, Managing Director
- Abburi Sarada
- Chief Financial Officer, Whole Time Director
- D. Rajasekhara Reddy
- Company Secretary, Compliance Officer
- Peddi Bala Bhaskar Rao
- Additional Executive Director - Operations
- Abburi Sidhartha Sagar
- Whole Time Director - Strategy & Business Development
Prices are delayed and for information only. Nothing on this page is investment advice.