Avantel Limited

BSE: AVANTEL532406ISIN INE005B01027

Industrials
Aerospace & Defense
BSE Industrials

Share price

₹138.70+3.45 (+2.55%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded. Earlier history is omitted pending corporate-action verification.

52W high: ₹197.80
52W low: ₹117.70
Off 52W high: -29.88%
1M return: -5.97%
3M return: -15.89%
6M return: -11.49%
1Y return: -17.29%
20D avg volume: 91,606
50 DMA: ₹149.09
200 DMA: ₹154.51

Key ratios Consolidated

Market cap: ₹3,686 Cr
Current price: ₹138.70
52W high / low: ₹197.80 / ₹117.70
Face value: ₹2.00
P/E: 186.92
P/B: 10.59
EPS (TTM): ₹0.74
Book value / share: ₹13.09
ROE: —
ROCE: 8.60%
Operating margin: —
Net margin: —
Debt / equity: 0.10
Net debt: ₹28.59 Cr
Interest cover: 5.37
Dividend yield: 0.14%
Dividend / share (TTM): ₹0.20
Payout: 27.03%
Cash conversion cycle: 267.0 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	74.42	70.42	63.83	51.72	55.42	51.91	49.26	70.68	77.42	51.76	41.76	59.33
	0.30	0.12	1.10	0.41	0.91	0.05	0.48	0.51	0.49	0.30	0.46	0.36
	74.72	70.54	64.93	52.13	56.33	51.96	49.74	71.19	77.91	52.06	42.22	59.68
	65.09	61.84	57.61	46.31	50.11	46.66	41.25	42.71	46.41	41.10	26.37	37.59
	47.37	25.45	26.51	23.38	20.56	8.29	12.31	28.48	25.77	17.17	19.12	16.21
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	12.37	13.37	14.61	13.50	12.54	10.09	13.32	14.07	16.08	10.48	12.41	9.06
	2.75	1.75	1.81	1.77	1.26	0.80	0.66	1.02	0.72	0.64	0.30	0.87
	8.77	7.10	5.57	5.36	4.76	4.40	2.94	3.05	2.96	2.86	2.45	1.84
	20.26	16.16	17.18	15.03	15.92	10.70	11.15	9.51	9.80	8.29	9.59	8.10
	9.63	8.70	7.32	5.82	6.22	5.30	8.49	28.48	31.50	10.96	15.85	22.09
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	9.63	8.70	7.32	5.82	6.22	5.30	8.49	28.48	31.50	10.96	15.85	22.09
	2.82	3.30	2.54	3.08	1.95	2.08	2.41	8.40	8.60	3.58	3.70	5.77
	6.81	5.39	4.78	2.74	4.27	3.23	6.08	20.08	22.90	7.38	12.15	16.32
	0.26	0.20	0.17	0.10	0.15	0.12	0.25	0.83	0.94	0.30	0.50	0.67
Key metrics
	21.15	17.55	14.70	12.95	12.24	10.50	12.09	32.55	35.18	14.46	18.60	24.80
	28.40%	24.90%	23.00%	25.00%	22.10%	20.20%	24.50%	46.10%	45.40%	27.90%	44.50%	41.80%
	9.20%	7.70%	7.50%	5.30%	7.70%	6.20%	12.30%	28.40%	29.60%	14.30%	29.10%	27.50%
	3.30%	—	2.60%	—	2.30%	—	3.60%	—	—	—	—	—
	34.30%	35.70%	29.60%	-26.80%	-28.40%	0.30%	18.00%	19.10%	—	—	—	—
	59.50%	66.90%	-21.40%	-86.40%	-81.40%	-56.20%	-50.00%	23.00%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	260.39	222.87	249.13	224.37	154.45	104.95
	1.93	2.47	1.79	1.42	0.48	1.37
	262.32	225.34	250.91	225.79	154.93	106.32
	230.85	200.71	171.47	154.25	118.26	83.86
	122.71	78.73	83.74	77.85	77.00	50.89
	0.00	0.00	0.00	—	—	—
	53.85	50.75	53.95	35.63	17.77	13.27
	8.08	5.64	3.05	4.18	4.86	1.51
	26.80	20.08	11.80	7.50	5.77	4.03
	68.63	58.83	38.74	29.87	26.68	18.15
	31.47	24.64	79.44	71.54	36.67	22.47
	0.00	0.00	0.00	0.00	0.00	0.00
	31.47	24.64	79.44	71.54	36.67	22.47
	11.74	9.64	23.00	18.99	9.83	4.49
	19.72	14.99	56.45	52.55	26.84	17.98
	0.73	0.55	2.32	2.16	16.55	44.34
Key metrics
	66.35	50.36	94.29	83.22	47.30	28.01
	25.48%	22.60%	37.80%	37.10%	30.60%	26.70%
	7.57%	6.70%	22.70%	23.40%	17.40%	17.10%
	—	8.60%	32.30%	—	—	—
	14.57%	-10.50%	11.00%	45.30%	47.20%	—
	-41.41%	-73.40%	7.40%	95.80%	49.30%	—
	—	-81.26	-28.50	—	—	—
	—	0.67	0.88	—	—	—
	—	0.10	0.09	—	—	—
	—	28.59	19.12	—	—	—
	—	267.0	186.9	—	—	—
Balance sheet
	—	409.84	290.05	—	—	—
	—	218.09	167.44	—	—	—
	—	5.79	1.99	—	—	—
	—	71.71	71.24	—	—	—
	—	93.32	60.45	—	—	—
	—	41.22	27.27	—	—	—
	—	181.18	110.36	—	—	—
	—	1.97	4.15	—	—	—
	—	58.62	34.60	—	—	—
	—	34.38	21.11	—	—	—
	—	22.05	9.11	—	—	—
	—	12.33	12.00	—	—	—
	—	338.23	237.25	—	—	—
Cash flow
	—	10.05	49.89	—	—	—
	—	-92.60	-57.25	—	—	—
	—	86.35	8.24	—	—	—
	—	91.31	78.39	—	—	—

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	73.82	70.12	63.15	51.25	55.12	51.84	49.14	70.44	77.25	51.65	41.71	59.10
	0.31	0.12	1.09	0.41	0.91	0.05	0.48	0.49	0.49	0.30	0.46	0.34
	74.14	70.24	64.24	51.66	56.03	51.88	49.62	70.93	77.74	51.95	42.17	59.44
	62.97	59.32	54.61	43.92	47.91	45.18	40.05	41.62	45.57	40.29	25.35	36.70
	47.13	25.02	25.57	22.75	20.17	8.30	12.18	28.29	25.68	17.08	18.98	15.96
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	11.72	12.55	13.76	12.74	11.88	9.57	12.79	13.55	15.62	10.03	11.98	8.70
	2.75	1.74	1.81	1.77	1.25	0.80	0.66	1.02	0.72	0.64	0.30	0.87
	8.26	6.60	5.06	4.83	4.24	3.90	2.80	2.95	2.87	2.77	2.37	1.75
	19.53	15.39	16.22	13.96	15.29	10.22	10.74	9.24	9.61	8.12	9.24	7.91
	11.17	10.92	9.62	7.74	8.12	6.70	9.57	29.31	32.18	11.66	16.82	22.75
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	11.17	10.92	9.62	7.74	8.12	6.70	9.57	29.31	32.18	11.66	16.82	22.75
	2.82	3.30	2.57	3.08	1.95	2.08	2.21	8.40	8.60	3.58	3.73	5.77
	8.35	7.62	7.05	4.66	6.17	4.62	7.36	20.91	23.57	8.08	13.08	16.97
	0.31	0.29	0.25	0.17	0.22	0.18	0.30	0.86	0.97	0.33	0.54	0.70
Key metrics
	22.18	19.26	16.49	14.34	13.61	11.40	13.03	33.28	35.77	15.07	19.49	25.37
	30.00%	27.50%	26.10%	28.00%	24.70%	22.00%	26.50%	47.20%	46.30%	29.20%	46.70%	42.90%
	11.30%	10.90%	11.20%	9.10%	11.20%	8.90%	15.00%	29.70%	30.50%	15.60%	31.40%	28.70%
	3.50%	—	3.10%	—	2.80%	—	3.80%	—	—	—	—	—
	33.90%	35.30%	28.50%	-27.20%	-28.60%	0.40%	17.80%	19.20%	—	—	—	—
	35.30%	64.90%	-4.20%	-77.70%	-73.80%	-42.80%	-43.70%	23.20%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18
Income statement
	258.34	221.35	248.48	223.92	154.27	104.94	77.70	51.92	50.51	52.10
	1.93	2.46	1.76	1.30	0.47	1.37	0.87	1.20	0.91	15.44
	260.28	223.81	250.25	225.22	154.74	106.31	78.57	53.12	51.42	67.54
	220.82	191.64	167.53	150.75	114.81	82.67	60.07	40.10	39.09	43.35
	120.47	76.78	83.22	77.23	76.58	50.69	26.57	13.95	11.30	17.50
	0.00	0.00	0.00	—	—	—	—	—	—	—
	50.77	47.95	51.98	34.11	16.65	13.11	10.36	10.03	8.60	7.78
	8.07	5.63	3.04	4.17	4.86	1.51	1.51	0.85	0.58	0.87
	24.75	18.03	11.39	7.06	5.16	3.97	3.03	2.71	2.05	1.64
	65.10	55.70	37.71	28.94	—	17.39	18.17	13.15	13.57	12.87
	39.45	33.97	82.72	74.47	39.93	23.64	18.50	13.01	12.34	24.19
	0.00	0.00	0.00	—	—	—	—	—	—	—
	39.45	32.17	82.72	74.47	39.93	23.64	18.50	13.01	12.34	24.19
	11.77	9.67	22.80	19.02	9.89	4.46	3.17	2.25	2.83	6.89
	27.68	22.50	59.92	55.45	30.04	19.18	15.33	10.76	9.51	17.30
	1.02	0.82	2.46	2.28	18.52	47.30	—	26.53	23.45	—
Key metrics
	72.27	55.83	97.15	85.70	49.95	29.12	23.04	16.57	14.97	26.70
	27.97%	25.20%	39.10%	38.30%	32.40%	27.70%	29.70%	31.90%	29.60%	51.20%
	10.71%	10.20%	24.10%	24.80%	19.50%	18.30%	19.70%	20.70%	18.80%	33.20%
	—	10.20%	32.20%	—	—	—	—	—	—	—
	14.04%	-10.90%	11.00%	45.10%	47.00%	35.10%	49.70%	2.80%	-3.10%	—
	-29.13%	-62.40%	8.10%	84.60%	56.60%	25.10%	42.50%	13.10%	-45.00%	—
	—	-71.71	-12.52	—	—	—	—	—	—	—
	—	0.82	0.84	—	—	—	—	—	—	—
	—	0.10	0.09	—	—	—	—	—	—	—
	—	28.90	19.23	—	—	—	—	—	—	—
	—	265.0	189.8	—	—	—	—	—	—	—
Balance sheet
	—	427.02	297.76	—	—	—	—	—	—	—
	—	210.91	164.75	—	—	—	—	—	—	—
	—	5.48	1.88	—	—	—	—	—	—	—
	—	71.01	71.09	—	—	—	—	—	—	—
	—	91.48	60.03	—	—	—	—	—	—	—
	—	38.38	25.25	—	—	—	—	—	—	—
	—	162.46	90.68	—	—	—	—	—	—	—
	—	1.78	1.93	—	—	—	—	—	—	—
	—	57.63	31.55	—	—	—	—	—	—	—
	—	34.38	21.11	—	—	—	—	—	—	—
	—	22.05	9.11	—	—	—	—	—	—	—
	—	12.33	12.00	—	—	—	—	—	—	—
	—	356.50	248.01	—	—	—	—	—	—	—
Cash flow
	—	18.53	50.10	—	—	—	—	—	—	—
	—	-103.08	-56.57	—	—	—	—	—	—	—
	—	86.35	8.25	—	—	—	—	—	—	—
	—	90.24	62.62	—	—	—	—	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +12.79%
Sales CAGR 5Y: +23.29%
Profit CAGR 3Y: -9.18%
Profit CAGR 5Y: +7.98%
Sales YoY (TTM): +14.04%
Profit YoY (TTM): -29.13%

Consolidated

Sales CAGR 3Y: +13.00%
Sales CAGR 5Y: —
Profit CAGR 3Y: -17.65%
Profit CAGR 5Y: —
Sales YoY (TTM): +14.57%
Profit YoY (TTM): -41.41%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 36.84%

Holder	Type	Holding	Previous	Change
VIDYASAGAR ABBURI	Promoter	14.48%	—	—
ABBURI SIDDHARTHA SAGAR	Promoter	8.47%	—	—
SAILAJA ABBURI	Promoter	6.13%	—	—
SARADA ABBURI	Promoter	5.50%	—	—
K.SWAPNA	Public	2.40%	—	—
LAKSHMEE FOUNDATION	Promoter Group	2.26%	—	—
Investor Education and Protection Fund (IEPF)	Public	1.39%	—	—
GIRISH GULATI HUF	Public	1.19%	—	—
NAGENDRA BABU NAGABHYRAVA	Public	1.16%	—	—
SHALU AGGARWAL	Public	1.16%	—	—

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Hindustan Aeronautics Limited	3,39,403	5,075.00	36.41	13.70%	+7.42% TTM	+12.16% TTM	+8.35%
Bharat Electronics Ltd.	2,90,271	397.10	43.46	31.90%	+20.28% TTM	+12.40% TTM	-4.34%
Bharat Dynamics Limited S	39,479	1,077.00	70.10	7.20%	-18.69% TTM	-7.13% TTM	-27.34%
Garden Reach Shipbuilders & Engineers Limited S	24,610	2,148.40	30.74	36.80%	+39.64% TTM	+42.86% TTM	-15.96%
Data Patterns (India) Limited S	22,853	4,082.00	85.29	21.00%	+33.81% TTM	+24.90% TTM	+51.15%
SIGMA ADVANCED SYSTEMS LIMITED S	17,815	940.15	254.78	46.60%	+32.27% TTM	-51.48% TTM	+325.02%
Apollo Micro Systems Limited	16,157	434.80	123.30	13.50%	+77.12% TTM	+63.98% TTM	+56.46%
Zen Technologies Ltd.	15,581	1,725.70	65.83	15.60%	+4.17% TTM	-12.80% TTM	+22.66%
Astra Microwave Products Ltd.	14,988	1,578.60	79.28	21.00%	+4.02% TTM	+16.28% TTM	+48.95%
Aequs Limited	14,741	219.80	-72.97	1.10%	—	—	—
Paras Defence and Space Technologies Limited	10,201	1,265.85	95.31	16.30%	+41.68% TTM	+56.45% TTM	+82.52%
Unimech Aerospace and Manufacturing Limited	9,014	1,770.80	102.28	12.30%	+40.00% TTM	+10.76% TTM	+77.46%
AXISCADES TECHNOLOGIES LIMITED	8,126	1,910.60	222.97	15.70%	+4.61% TTM	-54.09% TTM	+23.11%
TONBO IMAGING INDIA LIMITED	7,321	1,278.05	—	—	—	—	—
Mishra Dhatu Nigam Limited	7,292	389.25	54.03	8.80%	+18.17% TTM	+13.89% TTM	+2.38%
Centum Electronics Ltd	6,282	4,255.65	126.60	20.70%	-2.14% TTM	+525.07% TTM	+72.77%
Cyient DLM Limited	5,981	753.40	71.22	10.50%	-1.51% TTM	+2.85% TTM	+65.78%
Rossell Techsys Limited	5,487	1,455.70	213.25	32.70%	+82.66% TTM	+68.79% TTM	+132.87%
Avantel Limited	3,686	138.70	186.92	8.60%	+14.57% TTM	-41.41% TTM	-17.29%
IDEAFORGE TECHNOLOGY LIMITED	3,555	715.00	118.44	-2.60%	+263.51% TTM	+132.30% TTM	+50.34%
Jaykay Enterprises Limited	2,757	211.60	15.97	30.00%	+117.55% TTM	+818.57% TTM	—
CFF FLUID CONTROL LIMITED S	2,062	983.00	—	19.80%	—	—	+41.69%
Sika Interplant Systems Ltd.	1,902	897.00	54.88	30.60%	+0.45% TTM	+9.69% TTM	-23.60%
NIBE LIMITED	1,821	1,174.40	-140.29	4.60%	-5.17% TTM	-163.01% TTM	-1.09%
MILLWORKS TECHNOLOGIES LIMITED	1,732	983.30	—	—	—	—	—

Some figures use IPO-document inputs. Growth periods are shown per value; FY means annual.

Filings & corporate actions

Recent announcements

Newspaper Publication of Notice of Postal Ballot30 Oct 2026 · Company Update / Newspaper Publication
Intimation of Notice of Postal Ballot29 Oct 2026 · Company Update / General
Notice of Postal Ballot29 Oct 2026 · AGM/EGM / Postal Ballot
Newspaper Publication27 Oct 2026 · Company Update / Newspaper Publication
Announcement under Reg.30 - Appointment26 Oct 2026 · Company Update / Change in Management
Intimation under Reg.30 - Restructuring26 Oct 2026 · Company Update / Restructuring
Results for the quarter and half year ended on September 30, 202626 Oct 2026 · Result / Financial Results
Outcome of the Board Meeting held on October 26, 202626 Oct 2026 · Board Meeting / Outcome of Board Meeting
Amendments to Memorandum of Association23 Oct 2026 · Company Update / Amendments to Memorandum & Articles of Association
Postal Ballot - Scrutinizer''s Report23 Oct 2026 · AGM/EGM / Postal Ballot
Outcome of Postal Ballot23 Oct 2026 · AGM/EGM / Postal Ballot
Receipt of Purchase Order worth of Rs.12.04 Cr10 Oct 2026 · Company Update / Award of Order / Receipt of Order
Intimation of Credit Rating8 Oct 2026 · Company Update / Credit Rating
Avantel Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 26/10/2026 ,inter alia, to consider and approve the Unaudited Financial Results of ....6 Oct 2026 · Board Meeting / Board Meeting
Certificate under Reg.74(5) of SEBI (DP) Regulations, 20186 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Receipt of Contract worth of Rs.6.02 Cr1 Oct 2026 · Company Update / Award of Order / Receipt of Order
Closure of Trading Window30 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Receipt of Purchase Order23 Sep 2026 · Company Update / Award of Order / Receipt of Order
Newspaper Publication of Postal Ballot Notice23 Sep 2026 · Company Update / Newspaper Publication
Intimation to non-email holders22 Sep 2026 · Company Update / General
Notice of Postal Ballot22 Sep 2026 · AGM/EGM / Postal Ballot
Intimation under Reg.30 (LODR)18 Sep 2026 · Company Update / Restructuring
Amendments to MoA18 Sep 2026 · Company Update / Amendments to Memorandum & Articles of Association
Outcome of the Board Meeting pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 201518 Sep 2026 · Board Meeting / Outcome of Board Meeting
Allotment of ESOP15 Sep 2026 · Company Update / Allotment of ESOP / ESPS
Avantel Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 18/09/2026 ,inter alia, to consider and approve the Scheme of Merger of M/s. Imeds ....12 Sep 2026 · Board Meeting / Board Meeting
Closure of Trading Window12 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Intimation of receipt of Contract29 Aug 2026 · Company Update / Award of Order / Receipt of Order
General Updates17 Aug 2026 · Company Update / General
Avantel Limited - Postal Ballot - Scrutinizer''s Report17 Aug 2026 · AGM/EGM / Postal Ballot
Outcome of Postal Ballot of Avantel Limited17 Aug 2026 · AGM/EGM / Postal Ballot
General Announcement5 Aug 2026 · Company Update / Newspaper Publication
Receipt of Supply Order4 Aug 2026 · Company Update / Award of Order / Receipt of Order
Receipt of Purchase Order worth of Rs.20.81 Cr18 Jul 2026 · Company Update / Award of Order / Receipt of Order
Newspaper Publication of Notice of Postal Ballot17 Jul 2026 · Company Update / Newspaper Publication
Communication Sent to Shareholders Whose Email Addresses are not Registered17 Jul 2026 · Company Update / General
Notice of Postal Ballot16 Jul 2026 · AGM/EGM / Postal Ballot
Newspaper publication of Un-audited Financial Results for the Q1, FY 2026-2713 Jul 2026 · Company Update / Newspaper Publication
Monitoring Agency Report for the First Quarter 30.06.202611 Jul 2026 · Company Update / Monitoring Agency Report
Intimation Under Reg.30 of SEBI (LODR) Reg., 201511 Jul 2026 · Company Update / General

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 0.2000	12 Jun 2026	12 Jun 2026	—
Final Dividend - Rs. - 0.2000	12 Jun 2025	12 Jun 2025	—
Right Issue of Equity Shares	7 May 2025	7 May 2025	—

Board meetings

26 Oct 2026 Board Meeting - Financial Results