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Avantel Limited share price

Avantel Limited engages in the manufacturing of wireless communications products in India. The company offers software defined radios; satellite communication equipment; HF communication equipment; radar systems; network management systems and application software; and embedded systems and digital signal processing solutions. It also provides mobile satellite services (MSS) network that offers voice and data communications to ships, submarines, aircraft, and Helios; UHF SATCOM network; wind profile radars; real-time information system for Indian railways; Sahayak; ERM-SAT systems; solutions for ocean gauges and tide gauge applications; and visual databases for aircraft simulators. In additi…Read more
TechnologyCommunication EquipmentNSE: AVANTELISIN INE005B01027
16 Oct 2026, 3:29 PM IST₹151.61▲ 3.26 (2.20%)
  • Market Cap₹ 4,029 Cr.
  • Current Price₹ 151.61
  • High / Low₹ 198 / 117
  • Stock P/E244.5
  • Book Value₹ 13
  • Dividend Yield0.13 %
  • ROCE8.2 %
  • ROE5.20 %
  • Face Value₹ 2.0
More figures (10)
  • EPS (TTM)₹ 0.62
  • Price / Book11.91
  • OPM12.7 %
  • Debt / Equity0.10
  • Sales growth (4Y)12.9 %
  • Profit growth (4Y)-17.6 %
  • Promoter holding44.2 %
  • EV / EBITDA75.2
  • Beta0.21
  • All-time high₹ 215

Price chart

Returns1M3M6MYTD1Y3Y CAGR5Y CAGR
AVANTEL+6.85%-12.37%-2.33%-3.86%-23.55%——
Nifty 50-0.31%-3.85%-4.34%-11.42%-9.53%+5.46%+4.76%

Price returns only (dividends not included). Prices from NSE via Yahoo Finance; may be delayed.

Quick take

  • Avantel Limited is in the Communication Equipment industry (Technology), with a market value of ₹4,029 crore.
  • It trades at 244.5 times its last 12 months' earnings and 11.9 times book value.
  • Revenue grew 12.9% a year over the last 4 years, profit -17.6% a year.
  • Return on equity was 5.2% and return on capital employed 8.2% in the latest year.
  • Debt was 0.10 times shareholders' equity.
  • The share price is 23.3% below its 52-week high and down 23.6% over one year.
  • Promoters and insiders hold about 44.2%; institutions about 0.4%.

Pros

  • Strong return on equity: 24.0% on average over the last 3 years.
  • Latest quarter (Jun 2026): sales up 36% and profit up 67% from a year ago.
  • Borrowings are moderate at 0.10 times shareholders' equity.
  • Pays a healthy dividend: about 35% of profit last year.

Cons

  • Promoter holding has fallen by 3.21 points over 9 quarters, to 36.85%.
  • Trades at 244.5 times earnings, above its 3-year median of 118.5.
  • Trades at 11.9 times its book value.

Pros and cons are generated automatically from the reported figures. They are observations, not a recommendation to buy or sell.

AI analysis

Plenitude AI reads the figures on this page and explains them in plain language. It does not say whether to buy or sell.

About Avantel Limited

Avantel Limited engages in the manufacturing of wireless communications products in India. The company offers software defined radios; satellite communication equipment; HF communication equipment; radar systems; network management systems and application software; and embedded systems and digital signal processing solutions. It also provides mobile satellite services (MSS) network that offers voice and data communications to ships, submarines, aircraft, and Helios; UHF SATCOM network; wind profile radars; real-time information system for Indian railways; Sahayak; ERM-SAT systems; solutions for ocean gauges and tide gauge applications; and visual databases for aircraft simulators. In addition, the company offers RF test equipment, such as ADS, EMDS, ACAD, SOLID WORKS CADSTAR, digital transmission analyzers, logic analyzer, network analyzers, spectrum analyzers, vector signal generators …

Employees
453
Head office
Hyderabad

Peer comparison

TechnologyCommunication Equipment

S.No.CompanyCMP ₹P/EMar Cap ₹ CrDiv Yld %NP Qtr ₹ CrQtr Profit Var %Sales Qtr ₹ CrQtr Sales Var %ROCE %
1.Avantel151.61244.54,0290.13567.177035.658.2
2.Sterlite Technologies865.90187.844,5120.001971,870.001,91087.448.0
3.HFCL256.0166.739,1760.08246—1,915119.8510.8
4.ITI243.47132.323,4430.00-32—425-14.6523.5
5.Astra Microwave Products1,625.2081.815,4300.1512-24.12177-11.5520.8
6.Tejas Networks474.75—8,4460.00-207—40654.95-29.5
7.Pace Digitek162.5210.63,5080.006314.2755551.2916.1
8.Paramount Communications60.5230.41,9800.00206.4952917.3512.7
9.GTL Infrastructure1.041.31,3320.0069—327-2.16-399.4
10.Birla Cable346.1522.51,0380.35312,153.5126751.129.7
Median: 12 Co.249.7448.53,7690.002540.7241543.3910.3

Companies in the same industry; the median covers every company in it that we hold figures for. Tap a heading to sort. Sorting and comparing are ways to explore data, not recommendations.

Quarterly Results

Consolidated figures in ₹ crore /

₹ CrSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
7771495255526470
4339384144395053
Operating Profit3532121011131417
OPM %45%45%24%20%20%24%21%25%
Other Income01001010
Interest11111222
Depreciation33345567
Profit before tax3228856679
27%30%28%39%31%53%35%38%
2320634355
EPS in Rs0.940.830.250.120.150.100.170.20
Raw filing

Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Latest quarter on the right.

Profit & Loss

Consolidated figures in ₹ crore /

₹ CrMar 2025Mar 2026TTM
249223241
157175187
Operating Profit934855
OPM %37%21%23%
Other Income223
Interest367
Depreciation122023
Profit before tax792528
29%39%39%
561517
EPS in Rs2.320.550.62

Compounded Sales Growth

TTM:
-3%

Compounded Profit Growth

TTM:
-67%

Stock Price CAGR

1 Year:
-24%

Return on Equity

4 Years:
24%
Last Year:
5%

Financial years ending March; TTM = the last four quarters. Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Dividend payout = dividends paid in the year ÷ net profit.

Balance Sheet

Consolidated figures in ₹ crore, as at 31 March

₹ CrMar 2023Mar 2024Mar 2025Mar 2026
Equity Capital16494953
Reserves91115188285
30182634
12342637
Total Liabilities149216290410
4067119187
CWIP91856
101131166217
Total Assets149216290410

Source: Yahoo Finance (compiled from the annual reports). Tap a row marked + for its breakdown.

Cash Flows

Consolidated figures in ₹ crore, financial years ending March

₹ CrMar 2023Mar 2024Mar 2025Mar 2026
2655010
-10-42-57-93
8-23886
Net Cash Flow-0114
Free Cash Flow-1034-28-83

Free cash flow = cash from operations − capital expenditure. Source: Yahoo Finance.

Ratios

RatioMar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROE—25.0%38.7%28.1%5.2%
ROCE—36.8%43.8%31.7%8.2%
Operating margin—26.7%33.2%32.5%12.7%
Net margin—17.4%23.4%22.7%6.7%
Debt / equity—0.280.110.110.10
Current ratio—2.803.244.843.72
Debtor days—94105105118
Inventory days—216183262367
Days payable—1523188
Cash conversion cycle—295265349477
Working capital days—164165195262

Computed from the reported statements: ROE on average equity; ROCE = EBIT / (total assets − current liabilities). Debtor days = receivables ÷ sales × 365; inventory and payable days use cost of goods sold; cash conversion cycle = debtor + inventory − payable days; working capital days = (current assets − current liabilities) ÷ sales × 365.

Shareholding Pattern

Numbers in percentages · as filed with NSE each quarter

  • Promoters 36.85%
  • FIIs 0.38%
  • DIIs 1.07%
  • Public 61.70%
%Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters40.06%38.58%38.57%37.15%37.15%37.08%37.04%37.04%36.85%
0.11%0.18%0.48%0.48%0.67%0.60%0.55%1.53%0.38%
0.65%0.92%0.42%0.18%0.16%0.92%1.14%1.07%
59.18%60.33%60.53%62.19%62.03%62.32%61.48%60.29%61.70%
No. of Shareholders1,94,7832,04,9322,08,3812,21,6462,09,2752,04,0631,97,7741,89,9181,94,860

Source: shareholding patterns filed by the company with NSE. Public = non-institutional holders. Tap a row marked + for its breakdown.

Documents

Announcements

All announcements on NSE →

Concalls & investor meets

None filed recently.

Filings made by the company with NSE; documents open on NSE's website.

Key dates

Ex-dividend date
12 Jun 2026
Latest quarter
30 Jun 2026
Financial year end
31 Mar 2026

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Open a trading & demat account through Parshvanath Investments, Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539; NSE AP0153037862, BSE AP01095201177059). Execution and service only: no tips or research.

Latest news

Headlines from news publishers (via Google News) and the filings of the company with NSE; they open on the source website. Headlines with price targets or buy/sell calls are left out. News is for information only and is not a recommendation.

Questions about Avantel Limited

What is the share price of Avantel Limited today?
Avantel Limited (AVANTEL) last traded at ₹151.61 on NSE (16 Oct 2026, 3:29 PM IST). Prices may be delayed.
What is the market cap of Avantel Limited?
About ₹4,029 crore at the latest price.
What is the P/E ratio of Avantel Limited?
About 244.5 times its earnings over the last 12 months.
Is Avantel Limited a good investment?
We do not give views on individual shares. Whether any share suits you depends on your goals, time horizon and risk appetite; for long-term goals, a diversified mutual fund is often a simpler way to own shares. Investments in securities markets are subject to market risks.
How can I buy Avantel Limited shares?
You need a trading and demat account with a SEBI-registered stock broker. We can help you open one through Parshvanath Investments, an Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539). We provide execution and account service only, not tips or research.
Important. Prices from NSE via Yahoo Finance. Quarterly and annual results, shareholding and documents are taken from the filings the company made with NSE; balance sheet, cash flow and valuation figures are compiled by Yahoo Finance; ratios are computed by us from them. Figures may be delayed or revised. This page is for information only: it is not research, a recommendation or an offer to buy or sell any security. Investments in securities markets are subject to market risks; read all related documents carefully before investing. Plenitude Connect Private Limited is an AMFI-registered Mutual Fund Distributor (ARN-130934); share broking is offered through Parshvanath Investments, Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539).
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