Avantel Limited

BSE: AVANTEL532406ISIN INE005B01027

Industrials
Aerospace & Defense
BSE Industrials

BSE listing

Share price

₹147.20+0.95 (+0.65%)

as of 18 Sep 2026

52W high: ₹215.00
52W low: ₹117.70
Off 52W high: -31.53%
1M return: -10.16%
3M return: -18.20%
6M return: +15.54%
1Y return: -16.86%
20D avg volume: 97,297
50 DMA: ₹161.55
200 DMA: ₹155.85

Key ratios Consolidated

Market cap: ₹3,911 Cr
Current price: ₹147.20
52W high / low: ₹215.00 / ₹117.70
Face value: ₹2.00
P/E: 227.66
P/B: —
EPS (TTM): ₹0.65
Book value / share: —
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: 30.77%
Cash conversion cycle: 267.0 days

About

In plain English

Avantel Ltd is an Indian defense and aerospace company that builds specialized electronic equipment for the military. Think of it as making the 'brains' for communication systems on warships, fighter jets, and army vehicles, such as secure radios and satellite communication terminals. Their customers are the Indian armed forces (Army, Navy, Air Force) and defense contractors like Bharat Electronics Limited (BEL). They make money by winning contracts from the government to design, manufacture, and deliver these high-tech systems.

AI-generated summary, written from the company's own filings and disclosures. Every figure elsewhere on this page comes from exchange data, not from a model. See our editorial standards. Generated 13 Jul 2026.

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	70.42	63.83	51.72	55.42	51.91	49.26	70.68	77.42	51.76	41.76	59.33	54.33
	0.12	1.10	0.41	0.91	0.05	0.48	0.51	0.49	0.30	0.46	0.36	0.40
	61.84	57.61	46.31	50.11	46.66	41.25	42.71	46.41	41.10	26.37	37.59	32.53
	25.45	26.51	23.38	20.56	8.29	12.31	28.48	25.77	17.17	19.12	16.21	14.14
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	13.37	14.61	13.50	12.54	10.09	13.32	14.07	16.08	10.48	12.41	9.06	8.82
	1.75	1.81	1.77	1.26	0.80	0.66	1.02	0.72	0.64	0.30	0.87	1.51
	7.10	5.57	5.36	4.76	4.40	2.94	3.05	2.96	2.86	2.45	1.84	1.64
	16.16	17.18	15.03	15.92	10.70	11.15	9.51	9.80	8.29	9.59	8.10	6.76
	8.70	7.32	5.82	6.22	5.30	8.49	28.48	31.50	10.96	15.85	22.09	22.20
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	8.70	7.32	5.82	6.22	5.30	8.49	28.48	31.50	10.96	15.85	22.09	22.20
	3.30	2.54	3.08	1.95	2.08	2.41	8.40	8.60	3.58	3.70	5.77	6.13
	5.39	4.78	2.74	4.27	3.23	6.08	20.08	22.90	7.38	12.15	16.32	16.07
	0.20	0.17	0.10	0.15	0.12	0.25	0.83	0.94	0.30	0.50	0.67	1.98
Key metrics
	17.55	14.70	12.95	12.24	10.50	12.09	32.55	35.18	14.46	18.60	24.80	25.35
	24.90%	23.00%	25.00%	22.10%	20.20%	24.50%	46.10%	45.40%	27.90%	44.50%	41.80%	46.70%
	7.70%	7.50%	5.30%	7.70%	6.20%	12.30%	28.40%	29.60%	14.30%	29.10%	27.50%	29.60%
	—	2.60%	—	2.30%	—	3.60%	—	—	—	—	—	—
	35.70%	29.60%	-26.80%	-28.40%	0.30%	18.00%	19.10%	42.50%	—	—	—	—
	66.90%	-21.40%	-86.40%	-81.40%	-56.20%	-50.00%	23.00%	42.50%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	241.39	222.87	249.13	224.37	154.45	104.95
	2.54	2.47	1.79	1.42	0.48	1.37
	215.87	200.71	171.47	154.25	118.26	83.86
	95.90	78.73	83.74	77.85	77.00	50.89
	0.00	0.00	0.00	—	—	—
	54.02	50.75	53.95	35.63	17.77	13.27
	6.59	5.64	3.05	4.18	4.86	1.51
	22.79	20.08	11.80	7.50	5.77	4.03
	64.29	58.83	38.74	29.87	26.68	18.15
	28.06	24.64	79.44	71.54	36.67	22.47
	0.00	0.00	0.00	0.00	0.00	0.00
	28.06	24.64	79.44	71.54	36.67	22.47
	10.87	9.64	23.00	18.99	9.83	4.49
	17.18	14.99	56.45	52.55	26.84	17.98
	0.62	0.55	2.32	2.16	16.55	44.34
Key metrics
	57.44	50.36	94.29	83.22	47.30	28.01
	23.80%	22.60%	37.80%	37.10%	30.60%	26.70%
	7.12%	6.70%	22.70%	23.40%	17.40%	17.10%
	—	8.60%	32.30%	—	—	—
	—	-10.50%	11.00%	45.30%	47.20%	—
	—	-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	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	70.12	63.15	51.25	55.12	51.84	49.14	70.44	77.25	51.65	41.71	59.10	54.20
	0.12	1.09	0.41	0.91	0.05	0.48	0.49	0.49	0.30	0.46	0.34	0.37
	59.32	54.61	43.92	47.91	45.18	40.05	41.62	45.57	40.29	25.35	36.70	31.73
	25.02	25.57	22.75	20.17	8.30	12.18	28.29	25.68	17.08	18.98	15.96	14.00
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	12.55	13.76	12.74	11.88	9.57	12.79	13.55	15.62	10.03	11.98	8.70	8.46
	1.74	1.81	1.77	1.25	0.80	0.66	1.02	0.72	0.64	0.30	0.87	1.51
	6.60	5.06	4.83	4.24	3.90	2.80	2.95	2.87	2.77	2.37	1.75	1.54
	15.39	16.22	13.96	15.29	10.22	10.74	9.24	9.61	8.12	9.24	7.91	6.58
	10.92	9.62	7.74	8.12	6.70	9.57	29.31	32.18	11.66	16.82	22.75	22.84
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	10.92	9.62	7.74	8.12	6.70	9.57	29.31	32.18	11.66	16.82	22.75	22.84
	3.30	2.57	3.08	1.95	2.08	2.21	8.40	8.60	3.58	3.73	5.77	6.13
	7.62	7.05	4.66	6.17	4.62	7.36	20.91	23.57	8.08	13.08	16.97	16.71
	0.29	0.25	0.17	0.22	0.18	0.30	0.86	0.97	0.33	0.54	0.70	2.06
Key metrics
	19.26	16.49	14.34	13.61	11.40	13.03	33.28	35.77	15.07	19.49	25.37	25.89
	27.50%	26.10%	28.00%	24.70%	22.00%	26.50%	47.20%	46.30%	29.20%	46.70%	42.90%	47.80%
	10.90%	11.20%	9.10%	11.20%	8.90%	15.00%	29.70%	30.50%	15.60%	31.40%	28.70%	30.80%
	—	3.10%	—	2.80%	—	3.80%	—	—	—	—	—	—
	35.30%	28.50%	-27.20%	-28.60%	0.40%	17.80%	19.20%	42.50%	—	—	—	—
	64.90%	-4.20%	-77.70%	-73.80%	-42.80%	-43.70%	23.20%	41.10%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18
Income statement
	239.64	221.35	248.48	223.92	154.27	104.94	77.70	51.92	50.51	52.10
	2.53	2.46	1.76	1.30	0.47	1.37	0.87	1.20	0.91	15.44
	205.76	191.64	167.53	150.75	114.81	82.67	60.07	40.10	39.09	43.35
	93.51	76.78	83.22	77.23	76.58	50.69	26.57	13.95	11.30	17.50
	0.00	0.00	0.00	—	—	—	—	—	—	—
	50.93	47.95	51.98	34.11	16.65	13.11	10.36	10.03	8.60	7.78
	6.57	5.63	3.04	4.17	4.86	1.51	1.51	0.85	0.58	0.87
	20.73	18.03	11.39	7.06	5.16	3.97	3.03	2.71	2.05	1.64
	60.86	55.70	37.71	28.94	—	17.39	18.17	13.15	13.57	12.87
	36.40	33.97	82.72	74.47	39.93	23.64	18.50	13.01	12.34	24.19
	0.00	0.00	0.00	—	—	—	—	—	—	—
	36.40	32.17	82.72	74.47	39.93	23.64	18.50	13.01	12.34	24.19
	10.90	9.67	22.80	19.02	9.89	4.46	3.17	2.25	2.83	6.89
	25.50	22.50	59.92	55.45	30.04	19.18	15.33	10.76	9.51	17.30
	0.93	0.82	2.46	2.28	18.52	47.30	—	26.53	23.45	—
Key metrics
	63.70	55.83	97.15	85.70	49.95	29.12	23.04	16.57	14.97	26.70
	26.58%	25.20%	39.10%	38.30%	32.40%	27.70%	29.70%	31.90%	29.60%	51.20%
	10.64%	10.20%	24.10%	24.80%	19.50%	18.30%	19.70%	20.70%	18.80%	33.20%
	—	10.20%	32.20%	—	—	—	—	—	—	—
	—	-10.90%	11.00%	45.10%	47.00%	35.10%	49.70%	2.80%	-3.10%	—
	—	-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%
Sales CAGR 10Y: —
Profit CAGR 3Y: -9.18%
Profit CAGR 5Y: +7.98%
Profit CAGR 10Y: —
Sales YoY (TTM): -3.63%
Profit YoY (TTM): -54.84%

Consolidated

Sales CAGR 3Y: +13.00%
Sales CAGR 5Y: —
Sales CAGR 10Y: —
Profit CAGR 3Y: -17.65%
Profit CAGR 5Y: —
Profit CAGR 10Y: —
Sales YoY (TTM): -3.16%
Profit YoY (TTM): -67.14%

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.

Filings & corporate actions

Recent announcements

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
Intimation under Reg.30 of SEBI (LODR) Reg., 201511 Jul 2026 · Company Update / Change in Management
Results for the First Quarter ended June 30, 202611 Jul 2026 · Result / Financial Results
Outcome of the Board Meeting held on July 11, 202611 Jul 2026 · Board Meeting / Outcome of Board Meeting
Certificate under Reg.74(5) of SEBI (DP) Regulations, 20186 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Avantel Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 11/07/2026 ,inter alia, to consider and approve Board Meeting Intimation for Approval ....1 Jul 2026 · Board Meeting / Board Meeting
Receipt of Purchase Order30 Jun 2026 · Company Update / Award of Order / Receipt of Order
Closure of Trading Window30 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Re-appointment of Statutory Auditors24 Jun 2026 · Company Update / Appointment of Statutory Auditor/s
Intimation of Cessation of Mr. M. Narayana Rao, Independent Director24 Jun 2026 · Company Update / Cessation
Intimation under Reg.30 of SEBI LODR Reg. 201524 Jun 2026 · Company Update / Change in Directorate
Voting Results and Scrutinizers Report of 36th Annual General Meeting of Avantel Limited24 Jun 2026 · AGM/EGM / AGM
Outcome of the 36th Annual General Meeting of Avantel Limited24 Jun 2026 · AGM/EGM / AGM
Receipt of Contract from DRDO worth of Rs.9.94 Cr8 Jun 2026 · Company Update / Award of Order / Receipt of Order
Enclosed1 Jun 2026 · Company Update / General
Newspaper Publication of AGM Notice1 Jun 2026 · Company Update / Newspaper Publication
Business Responsibility and Sustainability Report for FY 2025-2630 May 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Notice of 36th Annual General Meeting30 May 2026 · AGM/EGM / AGM
Annual Report for the year 2025-2630 May 2026 · Others / Reg. 34 (1) Annual Report
Receipt of Contract from Coast Guard Headquarters, New Delhi25 May 2026 · Company Update / Award of Order / Receipt of Order
Receipt of Purchase Order22 May 2026 · Company Update / Award of Order / Receipt of Order
Receipt of Purchase Order worth of Rs.3.01 Cr5 May 2026 · Company Update / Award of Order / Receipt of Order

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	—