Avantel Ltd
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]
- Market Cap ₹ 4,150 Cr.
- Current Price ₹ 171
- High / Low ₹ 224 / 67.4
- Stock P/E 75.8
- Book Value ₹ 7.05
- Dividend Yield 0.12 %
- ROCE 47.5 %
- ROE 39.2 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company has delivered good profit growth of 42.1% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 33.3%
- Company's median sales growth is 36.3% of last 10 years
Cons
- Stock is trading at 24.6 times its book value
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Telecomm Equipment & Infra Services Industry: Telecommunications - Equipment
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
43 | 13 | 25 | 25 | 34 | 52 | 51 | 52 | 78 | 105 | 154 | 224 | 207 | |
33 | 11 | 21 | 21 | 30 | 40 | 36 | 37 | 56 | 77 | 105 | 140 | 122 | |
Operating Profit | 10 | 2 | 4 | 4 | 4 | 11 | 14 | 15 | 22 | 28 | 49 | 84 | 84 |
OPM % | 24% | 15% | 16% | 16% | 11% | 22% | 28% | 30% | 29% | 26% | 32% | 38% | 41% |
0 | 0 | 1 | 0 | 1 | 15 | 1 | 1 | 1 | 1 | 0 | 1 | 1 | |
Interest | 1 | 1 | 2 | 2 | 2 | 1 | 1 | 1 | 2 | 2 | 5 | 4 | 3 |
Depreciation | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 4 | 5 | 7 | 8 |
Profit before tax | 8 | -1 | 1 | 1 | 1 | 24 | 12 | 13 | 18 | 24 | 40 | 74 | 74 |
Tax % | 20% | -10% | 26% | 9% | 16% | 28% | 23% | 17% | 17% | 19% | 25% | 26% | |
7 | -1 | 1 | 1 | 1 | 17 | 10 | 11 | 15 | 19 | 30 | 55 | 55 | |
EPS in Rs | 0.24 | -0.04 | 0.04 | 0.02 | 0.04 | 0.71 | 0.39 | 0.44 | 0.63 | 0.79 | 1.23 | 2.28 | 2.26 |
Dividend Payout % | 17% | 0% | 68% | 69% | 92% | 9% | 21% | 15% | 11% | 8% | 5% | 9% |
Compounded Sales Growth | |
---|---|
10 Years: | 33% |
5 Years: | 35% |
3 Years: | 42% |
TTM: | 5% |
Compounded Profit Growth | |
---|---|
10 Years: | 51% |
5 Years: | 42% |
3 Years: | 54% |
TTM: | 63% |
Stock Price CAGR | |
---|---|
10 Years: | 61% |
5 Years: | 116% |
3 Years: | 138% |
1 Year: | 113% |
Return on Equity | |
---|---|
10 Years: | 27% |
5 Years: | 31% |
3 Years: | 33% |
Last Year: | 39% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 16 | 49 |
Reserves | 19 | 17 | 16 | 16 | 17 | 33 | 39 | 48 | 62 | 80 | 96 | 123 |
4 | 11 | 9 | 9 | 10 | 0 | 0 | 0 | 3 | 16 | 30 | 18 | |
5 | 3 | 3 | 3 | 3 | 6 | 4 | 15 | 17 | 11 | 12 | 34 | |
Total Liabilities | 33 | 34 | 32 | 32 | 34 | 43 | 47 | 67 | 87 | 110 | 154 | 223 |
16 | 15 | 14 | 13 | 13 | 12 | 12 | 14 | 16 | 25 | 26 | 44 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 7 | 9 | 16 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5 | 12 | 17 |
17 | 18 | 18 | 19 | 21 | 31 | 36 | 53 | 70 | 73 | 108 | 146 | |
Total Assets | 33 | 34 | 32 | 32 | 34 | 43 | 47 | 67 | 87 | 110 | 154 | 223 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
8 | -2 | 4 | 4 | 2 | 9 | 4 | 3 | 45 | -30 | 4 | 68 | |
-6 | -1 | 0 | -1 | -2 | 4 | -1 | 0 | -42 | 20 | -13 | -45 | |
-1 | 2 | -4 | -2 | -0 | -12 | -4 | -3 | -3 | 9 | 8 | -23 | |
Net Cash Flow | 1 | -1 | 0 | 0 | -0 | 1 | -0 | 0 | 0 | -1 | 0 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 99 | 121 | 67 | 61 | 105 | 63 | 139 | 208 | 62 | 126 | 94 | 104 |
Inventory Days | 22 | 459 | 551 | 190 | 122 | 62 | 139 | 34 | 130 | 257 | 219 | |
Days Payable | 5 | 20 | 14 | 12 | 38 | 4 | 43 | 4 | 5 | 17 | 28 | |
Cash Conversion Cycle | 116 | 121 | 505 | 597 | 282 | 147 | 197 | 305 | 91 | 251 | 334 | 295 |
Working Capital Days | 80 | 387 | 191 | 204 | 172 | 101 | 154 | 217 | 24 | 206 | 224 | 159 |
ROCE % | 38% | 0% | 9% | 9% | 9% | 29% | 33% | 29% | 33% | 30% | 37% | 48% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
21 Aug - Communication dated December 3, 2023, Avantel Limited has received of Final Purchase Order worth of Rs.67.92 Crores from M/s. NewSpace India Limited.
- Intimation Of Listing Of Equity Share Capital Of The Company On The National Stock Exchange Of India Limited (NSE) 29 Jul
- Press Release Issued By Lakshmee Foundation 29 Jul
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Announcement under Regulation 30 (LODR)-Newspaper Publication
20 Jul - News Paper Clippings of Un-Audited Financial Results for the period ended June 30, 2024
- Submission Of The Un-Audited Financial Results And Limited Review Report For The First Quarter Ended June 30, 2024 19 Jul
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Services
SATCOM: The Co develops customized solutions for INSAT based Mobile satellite services with advanced technologies for Military applications. It has developed a unique, real time and cost effective solution for position determination and location transmission of the rolling stock for Indian railways.
Wireless: The Co develops radar subsystems in the frequency band of 30MHz and 53 MHz, software controlled radios in V/UHF frequency band for voice and data communication for military applications, and building blocks of the radios which includes RF Front-end units,Synthesizers etc.
Software: The Co develops Embedded Systems, provides Electronic Design Services, Visual Simulation & GIS Services, Application Development and also creates Multimedia Solutions. [1]