This small-cap defence stock engaged in designing, manufacturing, and supplying advanced telecom, defence, aerospace, and satellite communication systems with a strong focus on innovation and technology, jumped 2 percent after securing an order worth Rs. 18 crore from Bharat Electronics Limited for a manufacturing contract.
Stock Price Movement
With a market capitalization of Rs. 2,845.05 crores, the share of Avantel Limited has reached an intraday high of Rs. 119.70 per equity share, rising nearly around 2.40 percent from its previous day’s close price of Rs. 116.90. Since then, the stock has retreated and is currently trading at Rs. 116.25 per equity share.
What Happened
Avantel Limited has received a purchase order worth Rs. 17.70 crore (including taxes) from Bharat Electronics Limited for a manufacturing contract. The order is domestic and is expected to be completed by September 20, 2028. It includes a 3 percent performance bank guarantee.
Previous Orders
On April 2, 2025, Avantel Limited received a Rs. 4.96 crore purchase order from the Department of Atomic Energy for supply, to be executed by May 2, 2026, with a 24-month warranty.
On March 31, 2025, the company received a purchase order worth Rs. 11.36 crores from Goa Shipyard Limited for the supply of Satcom Systems. The order is to be executed between February 2026 and March 2027.
Also read: Bonus Shares: Stock jumps over 5% after board sets meeting to consider bonus issue
Product and services
Avantel Limited designs and makes advanced products for telecom, defense, aerospace, and healthcare sectors. Its main offerings include satellite communication systems, radar tech, software-based radios, and embedded systems.
The company also offers services like CNC machining, 3D printing, and testing. With a strong focus on research and development, Avantel creates innovative electronic solutions for defense and provides real-time information systems for railways and other sectors.
Recent quarter results
Avantel Limited’s revenue has increased from Rs. 41.71 crore in Q4 FY24 to Rs. 49.14 crore in Q4 FY25, which has grown by 17.81 percent. The net profit has decreased by 43.73 percent from Rs. 13.08 crore in Q4 FY24 to Rs. 7.36 crore in Q4 FY25.
Written By – Nikhil Naik
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