Avantel Limited
₹135.10-₹0.90 (-0.7%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹4,054 Cr
- P/E
- 104.0x
- EV / EBITDA
- 47.6x
- Revenue
- ₹248 Cr
- Net margin
- 24.6%
- ROCE
- 44.2%
Price chart
Technical chartScreen technicals →-22.9% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- -12.3%
- 3M
- -15.4%
- 6M
- -9.2%
- 1Y
- -22.9%
- 5Y
- +905.2%
52-week range
Day change -₹0.90 (-0.7%) from ₹136 to ₹135 · Last close Oct 30, 2026
Best weekday to invest, historically
The same weekly amount in AVANTEL, bought on each weekday since 2021.
AI Summary
Indian StockStrengths1
- Strong 5-year revenue CAGR of 33.9%
Concerns1
- Valuation elevated — PE of 104.0x is 49% above peer average of 70.0x
Rule-based from financial data. Not advice.
About the company
Avantel Limited designs, develops, manufactures and sells wireless communication 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.
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Avantel Limited designs, develops, manufactures and sells wireless communication 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 Helicpters; UHF SATCOM network; wind profile radars; real-time information system for Indian railways; 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 and analyzers, radio communication test sets, signal generators, high power test and measuring instruments, and BER testers; and testing and assembly facilities. Further, it provides engineering facilities, including CNC vertical machining centers, CNC turning lathe machines, drill tap machines, painting and chromatisation, 3D printing facility, wire cutting machines, wire drilling machines, injection molding facilities, surface grinding machines, and cylindrical grinding machines, as well as soldering, wire harness, and potting facilities. Additionally, it manufactures and sells health care products. Avantel Limited was incorporated in 1990 and is based in Hyderabad, India.
- Sector
- Technology
- Shares outstanding
- 26.5 Cr shares
- ISIN
- INE005B01027
- BSE code
- 532406
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹4,054 Cr
- P/E
- 104.0x
- P/B
- 12.0x
- EV / EBITDA
- 47.6x
- EV / Sales
- 18.0x
- P/S
- 18.1x
- Earnings yield
- 1.0%
- 52-week high
- ₹183.70
- 52-week low
- ₹118.30
Profitability
- Operating margin
- 37.5%
- Net margin
- 24.6%
- EBITDA margin
- 37.9%
- ROE
- 32.0%
- ROCE
- 44.2%
- ROA
- 24.7%
- Dividend payout
- 9.0%
- Tax rate
- 26.0%
- Other income, % of PBT
- 1.4%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹248 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 10.7%
- Revenue CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 33.9%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹85.0 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 73.5%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 9.1%
- Net profit CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 38.0%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹68.0 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 1600.0%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹0 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 44.8%
Solvency and efficiency
- Current ratio
- 4.79
- Debt / Equity
- 0.10
- Debt / Assets
- 0.08
- Debt / EBITDA
- 0.21
- Interest coverage
- 21.00
- Financial leverage
- 1.30
- CFO / Net profit
- 1.24
- Cash / Market cap
- 3.6%
- Cash per share
- ₹5.51
- Asset turnover
- 1.00
- Fixed asset turnover
- 5.09
- Capital intensity
- 0.20
- Debtor days
- 104 days
- Inventory turnover
- 1.67
- Cash conversion cycle
- 295 days
Where the revenue went
Of every ₹100 of FY2025 revenue, ₹24 was left as net profit.
| From | To | Amount |
|---|---|---|
| Sales | Expenses | ₹153 Cr |
| Sales | Operating profit | ₹95 Cr |
| Operating profit | Interest | ₹3 Cr |
| Operating profit | Depreciation | ₹11 Cr |
| Operating profit | Profit before tax | ₹81 Cr |
| Other income | Profit before tax | ₹2 Cr |
| Profit before tax | Tax and other | ₹23 Cr |
| Profit before tax | Net profit | ₹60 Cr |
Revenue and net profit
Revenue grew 10.7% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹78 Cr | ₹15 Cr |
| FY2022 | ₹105 Cr | ₹19 Cr |
| FY2023 | ₹154 Cr | ₹30 Cr |
| FY2024 | ₹224 Cr | ₹55 Cr |
| FY2025 | ₹248 Cr | ₹60 Cr |
Cash flows
FY2025: ₹50.0 Cr from operations, -₹7.00 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | ₹45 Cr | ₹3 Cr |
| FY2022 | -₹30 Cr | -₹10 Cr |
| FY2023 | ₹4 Cr | -₹9 Cr |
| FY2024 | ₹68 Cr | ₹23 Cr |
| FY2025 | ₹50 Cr | -₹7 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹248 Cr+10.7%1Y
- Net profit
- ₹60 Cr+9.1%1Y
- Cash from operations
- ₹50 Cr
- Free cash flow
- -₹7 Cr-130.4%1Y
- Revenue CAGR, 5Y
- 33.9%
- EBITDA CAGR, 5Y
- 39.7%
- Net profit CAGR, 5Y
- 38.0%
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹248 Cr | ₹95 Cr | — | ₹60 Cr | ₹50 Cr | -₹7 Cr | 24.2% | +10.7% | +9.1% |
Monthly returns
Month-by-month returns of AVANTEL across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹298 Cr |
| Equity capital | ₹49 Cr |
| Reserves | ₹199 Cr |
| Borrowings | ₹26 Cr |
| Other liabilities | ₹23 Cr |
| Assets | ₹298 Cr |
| Fixed assets | ₹95 Cr |
| Capital work in progress | ₹5 Cr |
| Investments | ₹30 Cr |
| Other assets | ₹168 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
AVANTEL trades at 104.0x earnings against a peer median of 52.1x (a 100% premium).
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| Avantel LimitedAVANTELthis companyP/E ↑ premium | ₹4,054 Cr | 104.0x | 12.0x | 32.0% | 47.6x |
| Seshaasai Technologies LimitedSTYL | ₹4,469 Cr | 20.8x | 3.5x | 38.9% | 15.5x |
| Datamatics Global Services LimitedDATAMATICS | ₹4,344 Cr | 58.9x | 5.0x | 10.4% | 35.0x |
| ASM Technologies Ltd.ASM TECHNOLO | ₹4,324 Cr | 76.6x | 13.6x | 1.9% | 229.0x |
| TechNVision Ventures LimitedTECHNVISN | ₹4,151 Cr | 4030.0x | 233.6x | 3.6% | 1459.8x |
| Route Mobile LimitedROUTE | ₹4,089 Cr | 29.4x | 3.2x | 10.6% | 22.0x |
| Pace Digitek LimitedPACEDIGITK | ₹3,823 Cr | 16.7x | — | 43.9% | 11.5x |
| MOSCHIP TECHNOLOGIES LIMITEDMOSCHIP | ₹3,729 Cr | 95.8x | 10.2x | 2.2% | 163.7x |
| Shilchar Technologies Ltd.SHILCTECH | ₹3,663 Cr | 20.6x | 8.7x | 43.8% | 28.7x |
| Peer median | — | 52.1x | 7.8x | 14.5% | 34.2x |
Year-to-date ROI
AVANTEL since 1 January, against earlier years.
Historical volatility
AVANTEL's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2021 | 29.0% |
| FY2022 | 26.0% |
| FY2023 | 32.0% |
| FY2024 | 38.0% |
| FY2025 | 38.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹248 Cr |
| Costs | |
| Interest | ₹3 Cr |
| Expenses | ₹153 Cr |
| Operating profitOperating Profit | ₹95 Cr |
| Other income and charges | |
| Profit before tax | ₹83 Cr |
| Tax | |
| Net profitNet Profit | ₹60 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹298 Cr |
| Equity capitalEquity Capital | ₹49 Cr |
| Reserves | ₹199 Cr |
| Borrowings | ₹26 Cr |
| Other liabilitiesOther Liabilities | ₹23 Cr |
| AssetsTotal Assets | ₹298 Cr |
| Fixed assetsFixed Assets | ₹95 Cr |
| Capital work in progressCWIP | ₹5 Cr |
| Investments | ₹30 Cr |
| Other assetsOther Assets | ₹168 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | ₹50 Cr |
| Investing cash flowCash from Investing Activity | -₹57 Cr |
| Financing cash flowCash from Financing Activity | ₹8 Cr |
| Change in cashNet Cash Flow | ₹2 Cr |
Learn while you research
Academy chapters picked for Avantel Limited and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Valuation Multiples ExplainedThis stock trades at a P/E of 104.0, learn when high multiples are justified.6 min read
- 04 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
- 05 Growth InvestingTech & communications often trade on growth, learn the framework.7 min read
- 06 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read