AVANTELIndustrials

Avantel Limited

Aerospace & Defense · ISIN INE005B01027 · BSE 532406 · NSE EQ · FV ₹2
Last price
₹139
+2.73%today
What this company does

Avantel Limited operates in Aerospace & Defense, part of the Industrials sector. It booked ₹74 cr of revenue in its latest quarter (Q2 FY27) and kept 9.1% of sales as profit.

In the report:
47out of 100
Equitytale Health Score
Mixed

Healthier than 47% of companies in Industrials, on the 5 of 6 measures we could read for it. Each measure is ranked against the 227–284 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
36

At close. Not part of the score.

Profitability & returns54

How much profit it earns on the money it employs

Balance sheet51

How much it owes, and whether earnings cover the interest

Cash quality49

Whether reported profit actually arrives as cash

Valuation5

What today's price implies, against our models or its peers

Governance & risk86

How much of the promoters' stake is pledged, and how much they hold

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
✓ Makes a profit
✓ Sales up 34% vs last year
✓ Profit up 60% vs last year
✓ No promoter shares pledged
Watch-outs
! Low 7.8% return on equity
! Operating cash flow is negative

What if I invest in AVANTEL?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹139▲ +2.73%
latest close · 2026-11-04
52-wk low ₹13074 sessions so far52-wk high ₹172
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio133.5High
LowAverageHigh
P/B ratio10.45High
Below bookModerateHigh
EV / EBITDA44.2High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity7.8%Weak
WeakFairStrong ▸15%
Return on capital13.0%Fair
WeakFairStrong
Net margin9.1%Decent
ThinDecentStrong
EBITDA margin28.4%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.31Comfortable
LowModerateHigh ▸1
Interest cover4.5×Okay
RiskyOkayStrong ▸5×
Current ratio1.83Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹3,635 cr
Book value
₹13
EPS
₹0.26
latest quarter
Net debt
₹105 cr
owes more than its cash
Enterprise value
₹3,740 cr
EBITDA
₹85 cr
annualised
EBIT
₹50 cr
annualised
Operating margin
16.6%
Return on assets
4.9%
Earnings yield
0.75%
P/S
12.21
Sales / share
₹11.4
Tax rate
29.3%
Face value
₹2
Shares
26.2 cr
Working capital
₹144 cr
Current assets
₹319 cr
Current liabilities
₹175 cr
Delivery %
40.3%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.

Worth vs price · from the FY 2026 report & filings
not investment advice
Hard to value confidentlyLow confidence
Too few reliable models — the filings don't support two independent estimates of value.
Models span ₹1–₹1, midpoint ₹1

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q2 FY27 (consolidated)
Revenue from Operations₹74 cr
Other Income₹30.1 L
Total Income₹75 cr
Cost of Materials₹47 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹-26 cr
Employee Benefit Expense₹12 cr
Finance Costs₹3 cr
Depreciation & Amortisation₹9 cr
Other Expenses₹20 cr
Total Expenses₹65 cr
Profit before Tax₹10 cr
Tax Expense₹3 cr
Net Profit₹7 cr
Net margin on total income9.1%
Where the money goes · Q2 FY27
% of total income
Materials + stock-in-trade₹21 cr28.0%
Employee benefit expense₹12 cr16.6%
Finance costs₹3 cr3.7%
Depreciation & amortisation₹9 cr11.7%
Other expenses₹20 cr27.1%
Tax expense₹3 cr3.8%
Profit for the period₹7 cr9.1%
Total income ₹75 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ4 FY26Q1 FY27Q2 FY27
Revenue64 cr70 cr74 cr
Total income65 cr71 cr75 cr
Expenses58 cr62 cr65 cr
Profit before tax7 cr9 cr10 cr
Tax3 cr3 cr3 cr
Net profit (owners' share)5 cr5 cr7 cr
Net margin (owners' share, on revenue)7.5%7.7%9.1%
EPS (₹)0.170.200.26
YoY (latest quarter): total income +32.7% · net profit +59.6%
Balance sheet & cash flow · as of Sep 2026
Low debt
Total assets
₹555 cr
Shareholder equity
₹348 cr
parent shareholders
Total debt
₹107 cr
Cash
₹2 cr
Cash flow · H1 FY27
Operating
₹-2 cr
Investing
₹-65 cr
Financing
₹63 cr
Peer comparison
Aerospace & Defense · by market value
CompanyPriceMarket capP/E
Hindustan Aeronautics Limited₹4,959₹3.32 L cr52.2
Bharat Electronics Limited₹380₹2.78 L cr45.0
Centum Electronics Limited₹4,154₹57,594 cr136.5
Bharat Dynamics Limited₹1,017₹37,279 cr78.5
Garden Reach Shipbuilders & Engineers Limited₹2,131₹24,411 cr35.3
Data Patterns (India) Limited₹3,950₹22,120 cr250.6
AXISCADES Technologies Limited₹1,844₹16,398 cr—
SIGMA ADVANCED SYSTEMS LIMITED₹895₹15,764 cr111.3
Zen Technologies Limited₹1,711₹15,445 cr42.9
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.14%
trailing 12 months
Dividend / share (TTM)
₹0.2
Last dividend
₹0.2
ex 12 Jun 2026
ActionDetailEx-date
Dividend₹0.2 / share12 Jun 2026
Dividend₹0.2 / share12 Jun 2025
Rights issue121:107 May 2025
Dividend₹0.2 / share22 May 2024
Bonus issue1:224 Nov 2023
Stock splitStock Split From Rs.10/- to Rs.2/-14 Aug 2023
Who owns it · 2026-09-30
No pledge
Promoter
36.9%
FII / Foreign
0.4%
DII / Domestic
1.1%
Retail / others
61.7%
Promoter stake down 3.2% over the last 11 quarters.
Smart-money activity
Insider trades
SoldRudra Sharath Kumar Reddy · Employee8,000 · ₹12.9 L31 Aug 26
SoldP Bala Bhaskar Rao · Employees/Designated Employees14,500 · ₹21.7 L18 Dec 25
SoldP Bala Bhaskar Rao · Employees/Designated Employees14,000 · ₹26.2 L22 Sep 25
Bulk / block deals
short— · NSE130 Sep 26
short— · NSE110 Sep 26
short— · NSE119 Aug 26
Stake changes
BothMr. Abburi Venkateswara Rao · promoter→ 0.90% · 1.82 L9 Jun 25
BothM/s. Lakshmee Foundation · promoter→ 0.00% · 36.00 L9 Jun 25
BothMs. Abburi Sailaja · promoter→ 6.15% · 7.94 L9 Jun 25
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 22 Oct 2026
See the official result
1
To consider and approve the alteration in the Objects Clause of the Memorandum of Association (MOA) of the Company.
Backed by 100% of shareholders other than promotersneeded 75%
1.22 cr votes for, 19,990 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 5 named members
owning 36.8% between them · as of 2026-09-30
VIDYASAGAR ABBURI14.48%
ABBURI SIDDHARTHA SAGAR8.47%
SAILAJA ABBURI6.13%
SARADA ABBURI5.50%
LAKSHMEE FOUNDATION2.26%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹81 cr raised in May 2025 by offering new shares to existing shareholders

As of Jun 2026, the company says it has spent 100% of what it set aside. CARE Ratings Limited watches the spending on the exchange’s behalf.

Funding the Capital Expenditure towards establishment of new manufacturing facility for Design, Development & Manufacturing of Electronics, Antennas & Connectors for Commercial, Defence & Aerospace applications at Survey No. 243 in Kondaparva Village, Visannapeta Mandal, NTR District - 521213, Andhra Pradesh, India.
100%
of what was set aside
Funding the Capital Expenditure towards establishment of GSaaS (Ground Station as a Service) infrastructure for offering GSaaS services at our facility situated at Plot No: S-119 (M), Sy. No: 49, E-City, Raviryala (V), Maheswaram (M), Rangareddy (Dt), Hyderabad – 501510, Telangana, India.
100%
of what was set aside
General Corporate Purpose
100%
of what was set aside
Issue related expenses
100%
of what was set aside

The rupee amounts in this company’s own breakdown don’t add up to the amount it says it raised — a common filing slip, where a table meant to be read in lakhs is entered as whole rupees. Rather than guess which is right, we show only the percentages, which are unaffected.

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.