Avantel Limited
NSE: AVANTEL · Aerospace & Defense · sector
₹136.17NSE close 2026-10-26
Key numbers
Market cap₹3,618 cr
Price₹136.17
52w high / low₹198 / ₹117
P/E219.6xSector median 75.3x
P/B10.7xSector median 8.2x
Book value₹12.7
Dividend yield0.15%Sector median 0.15%
ROE6.0%Sector median 12.6%
ROCE9.3%Sector median 13.7%
OPM22.7%Sector median 20.9%
Debt / equity0.10xSector median 0.11x
EV/EBITDA66.4xSector median 59.6x
Interest cover5.2x
Current ratio3.72x
Sales growth 3y–Sector median +15.9%
Profit growth 3y–Sector median +32.2%
PEG–
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 29 companies in Aerospace & Defense (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹11 cr vs borrowings ₹34 cr (FY26): borrowings are higher by ₹23 cr.
- Operating profit covered interest 5.2x in the last 12 months.
- Revenue was higher than a year earlier in 2 of the last 4 quarters.
- Other income was 15% of net profit in the last 12 months.
- Dividend paid in 1 of the last 2 financial years.
- Price ₹136.17 on 2026-10-26: -31.1% from the 52-week high, +16.3% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹203.82 · low ₹110.51
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 77 | 71 | 49 | 52 | 55 | 52 | 64 | 70 |
| EBITDA | 35 | 32 | 12 | 10 | 11 | 13 | 14 | 17 |
| OPM % | 44.8% | 45.3% | 23.5% | 20.2% | 20.4% | 24.2% | 21.3% | 24.8% |
| Other income | 0 | 1 | 0 | 0 | 1 | 0 | 1 | 0 |
| Net profit | 23 | 20 | 6 | 3 | 4 | 3 | 5 | 5 |
| EPS (₹) | 0.94 | 0.83 | 0.25 | 0.12 | 0.15 | 0.10 | 0.17 | 0.20 |
| Revenue YoY | -28.4% | -26.8% | +29.6% | +35.7% | ||||
| Profit YoY | -81.4% | -86.4% | -21.5% | +66.9% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY25 | FY26 | TTM |
|---|---|---|---|
| Revenue | 249 | 223 | 241 |
| EBITDA | 92 | 48 | 55 |
| Net profit | 56 | 15 | 17 |
| EPS (₹) | 2.32 | 0.55 | 0.62 |
| Revenue growth | -10.5% | -3.2% | |
| Profit growth | -73.4% | -67.2% | |
| Dividend / share (₹) | – | 0.20 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | – | – | -3.2% |
| Net profit | – | – | -67.1% |
| EPS | – | – | – |
| Share price | – | -10.1% (2y) | -20.5% |
Balance sheet
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Shareholders' equity | 237 | 338 |
| Borrowings | 21 | 34 |
| Cash & equivalents | 8 | 11 |
| Total assets | 290 | 410 |
| Fixed assets | 110 | 181 |
| Capital work in progress | 5 | 6 |
| Investments | 0 | 0 |
| Receivables | 71 | 72 |
| Inventory | 60 | 93 |
| Payables | 4 | 2 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Cash from operations | 50 | 10 |
| Cash from investing | -57 | -93 |
| Cash from financing | 8 | 86 |
| Capex | 78 | 91 |
| Free cash flow | -28 | -81 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY25 | FY26 |
|---|---|---|
| ROE % | 23.8% | 4.4% |
| ROCE % | 31.9% | 8.1% |
| Debtor days | 104 | 117 |
| Inventory days | 345 | 521 |
| Payable days | 24 | 11 |
| Cash conversion cycle (days) | 425 | 627 |
| Working capital days | 195 | 261 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 36.85% |
| FIIs | 0.38% |
| DIIs | 1.07% |
| Public (non-institutions) | 61.70% |
| Quarter | Mar 2025 | Jun 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 38.57% | 38.51% | 37.15% | 37.15% | 37.08% | 37.04% | 37.04% | 36.85% |
| Promoter group | % |
|---|---|
| Vidyasagar Abburi | 14.48% |
| Abburi Siddhartha Sagar | 8.47% |
| Sailaja Abburi | 6.13% |
| Sarada Abburi | 5.50% |
| Lakshmee Foundation | 2.26% |
| Public holders above 1% | % |
|---|---|
| K.swapna | 2.40% |
| Investor Education and Protection Fund (IEPF) | 1.39% |
| Girish Gulati HUF | 1.19% |
| Shalu Aggarwal | 1.16% |
| Nagendra Babu Nagabhyrava | 1.16% |
1,94,860 shareholders. Pledged: – of promoter shares.
Peers in Aerospace & Defense
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| HAL | ₹3,19,342 cr | 34.3x | 7.8x | 24.5% | 30.2% | 29.6% | +7.1% | 1.05% |
| BEL | ₹2,65,346 cr | 43.2x | 11.1x | 28.0% | 34.1% | 28.6% | +15.9% | 0.79% |
| BDL | ₹37,719 cr | 72.4x | 8.9x | 12.6% | 16.8% | 12.7% | -0.6% | 0.51% |
| GRSE | ₹21,411 cr | 26.7x | 8.2x | 34.0% | 41.2% | 11.1% | +39.8% | 0.95% |
| DATAPATTNS | ₹21,133 cr | 78.8x | 12.2x | 16.5% | 21.4% | 39.3% | +26.8% | 0.21% |
| AEQUS | ₹16,257 cr | – | 10.9x | -7.6% | 1.1% | 7.6% | – | – |
| APOLLO | ₹15,269 cr | 118.8x | 11.6x | 12.7% | 11.6% | 22.6% | +44.9% | 0.06% |
| ASTRAMICRO | ₹14,226 cr | 75.3x | 10.8x | 15.7% | 18.6% | 28.6% | +12.6% | 0.15% |
| ZENTEC | ₹13,947 cr | 77.1x | 7.4x | 10.3% | 14.6% | 32.6% | +46.5% | 0.13% |
| AVANTEL | ₹3,618 cr | 219.6x | 10.7x | 6.0% | 9.3% | 22.7% | – | 0.15% |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Communications and signal processing products | ₹224 cr | 99.3% | ₹32 cr | 14.4% |
| Health Care | ₹2 cr | 0.7% | ₹-8 cr | -464.2% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-06-12 | Dividend | Dividend - Rs 0.20 Per Share |
| 2025-06-12 | Dividend | Dividend - Re 0.20 Per Share |
| 2025-05-07 | Rights | Rights 10:121@ Premium Rs 38/- |
Documents
- Annual report FY26
- Annual report FY25
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Manufacturing: Strategic Equipment’s
| Sector | Industrials |
| Industry | Aerospace & Defense |
| Sub-industry | Aerospace & Defense |
| Symbol | AVANTEL |
| BSE code | 532406 |
| ISIN | INE005B01027 |
| Face value | ₹2.0 |
| Incorporated | 1990-05-30 |
| Website | www.avantel.in |
| Plants (India / abroad) | 3 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.