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 ₹ 3,510 Cr.
- Current Price ₹ 132
- High / Low ₹ 213 / 90.3
- Stock P/E 62.2
- Book Value ₹ 8.95
- Dividend Yield 0.15 %
- ROCE 37.1 %
- ROE 28.1 %
- Face Value ₹ 2.00
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 31.5%
Cons
- Stock is trading at 14.8 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: Aerospace & Defence Industry: Telecommunications - Equipment
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2006 | Mar 2007 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|
16 | 23 | 78 | 105 | 154 | 224 | 249 | |
14 | 18 | 56 | 78 | 108 | 143 | 157 | |
Operating Profit | 2 | 5 | 22 | 27 | 47 | 82 | 92 |
OPM % | 12% | 22% | 29% | 25% | 30% | 36% | 37% |
0 | 0 | 1 | 1 | 0 | 1 | 2 | |
Interest | 1 | 1 | 2 | 2 | 5 | 4 | 3 |
Depreciation | 1 | 1 | 3 | 4 | 6 | 8 | 12 |
Profit before tax | 1 | 3 | 18 | 22 | 37 | 72 | 79 |
Tax % | 10% | 34% | 17% | 20% | 27% | 27% | 29% |
1 | 2 | 15 | 18 | 27 | 53 | 56 | |
EPS in Rs | 0.03 | 0.06 | 0.58 | 0.68 | 1.02 | 2.00 | 2.13 |
Dividend Payout % | 0% | 24% | 11% | 9% | 6% | 9% | 9% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 33% |
TTM: | 11% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 46% |
TTM: | 7% |
Stock Price CAGR | |
---|---|
10 Years: | 54% |
5 Years: | 110% |
3 Years: | 93% |
1 Year: | 20% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 31% |
Last Year: | 28% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2006 | Mar 2007 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|
Equity Capital | 5 | 5 | 4 | 4 | 16 | 49 | 49 |
Reserves | 6 | 8 | 62 | 78 | 91 | 115 | 188 |
0 | 0 | 3 | 16 | 30 | 18 | 26 | |
9 | 6 | 17 | 11 | 12 | 34 | 26 | |
Total Liabilities | 21 | 19 | 87 | 109 | 149 | 216 | 290 |
7 | 8 | 16 | 27 | 31 | 48 | 115 | |
CWIP | 0 | 0 | 1 | 7 | 9 | 18 | 5 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
14 | 12 | 70 | 75 | 110 | 149 | 171 | |
Total Assets | 21 | 19 | 87 | 109 | 149 | 216 | 290 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2006 | Mar 2007 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|
4 | -1 | 45 | -32 | 2 | 65 | 50 | |
-1 | -1 | -42 | 23 | -10 | -42 | -57 | |
-0 | -0 | -3 | 9 | 8 | -23 | 8 | |
Net Cash Flow | 3 | -2 | 0 | -0 | -0 | 1 | 1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2006 | Mar 2007 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|
Debtor Days | 134 | 93 | 62 | 126 | 94 | 104 | 104 |
Inventory Days | 143 | 122 | 34 | 131 | 258 | 218 | 345 |
Days Payable | 329 | 112 | 4 | 6 | 18 | 28 | 24 |
Cash Conversion Cycle | -52 | 103 | 91 | 251 | 334 | 295 | 426 |
Working Capital Days | 33 | 81 | 24 | 211 | 227 | 162 | 197 |
ROCE % | 33% | 29% | 35% | 47% | 37% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 12 May
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Disclosure Under Regulation 95(1) Of SEBI (Issue Of Capital And Disclosure Requirements) Regulations, 2018
7 May - Promoters sold 1,317,013 shares on May 6, 2025, disclosed under SEBI regulations.
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Letter Of Offer In Connection With The Proposed Rights Issue Of The Fully Paid-Up Equity Shares Of Avantel Limited (The Company).
6 May - Avantel proposes Rs. 80.9 Cr rights issue: 20.2 mn shares at Rs. 40 each, ratio 10:121, record date May 7, 2025.
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Corporate Action-Intimation of Right issue
6 May - Avantel proposes Rs. 80.9 Cr rights issue: 20.2 million shares at Rs. 40 each, record date May 7, 2025.
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Update To Outcome Of The Board Meeting Of Avantel Limited ('Company') Held On May 1, 2025
5 May - Avantel revises rights issue renunciation deadline to May 23 and closing date to May 28, 2025.
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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Concalls
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May 2024TranscriptPPT
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May 2023TranscriptPPT
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May 2022TranscriptPPT
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May 2021TranscriptPPT
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]