Avantel Share News - Latest Updates, Live News & More

Latest news about Avantel

Avantel Secures ₹11.19 Crores Order from NewSpace India for Transponder Systems 6 days ago

Avantel Limited has been awarded a ₹11.19 crores contract by NewSpace India Limited for comprehensive transponder systems services. The order includes supply, installation, and commissioning of transponder equipment with a completion deadline of July 2026. This significant contract demonstrates Avantel's capabilities in the aerospace and defense sector and provides the company with revenue visibility over the next two years.

Avantel Limited Secures ₹1.76 Crore Manufacturing Order from Bharat Electronics Limited Jan 02, 2026

Avantel Wins ₹4.16 Cr Defence Contract Dec 27, 2025

Avantel Ltd Secures ₹13.82 Crore Order for Railway SATCOM Hub Equipment Dec 13, 2025

Avantel Limited Secures Rs. 2.56 Crore Order from Bharat Electronics for Antenna Switching Units Nov 11, 2025

More news about Avantel

20Oct 25

Avantel Shares Plummet 13% Following Disappointing Q2 Results

Avantel Limited's share price dropped over 13% after releasing Q2 FY2025-26 results. Consolidated sales decreased by 30%, EBITDA fell by 63%, and EBITDA margin contracted from 45.70% to 23.70% year-over-year. The significant decline in financial metrics led to a sharp market reaction, with the stock experiencing one of its steepest declines in recent times. This poor performance aligns with challenges faced by other companies in the technology and defense sectors.

18Oct 25

Avantel Limited Grants 10,000 Stock Options and Allots 4.97 Lakh Shares Under ESOP 2023

Avantel Limited announced dual ESOP activities with grant of 10,000 stock options and allotment of 4,97,410 equity shares under ESOP 2023 plan on December 22, 2025. The stock options feature structured vesting schedule over four years with minimum one-year vesting period. These employee benefit initiatives follow the company's mixed Q2 FY26 performance showing significant revenue and profit decline across segments.

25Sept 25

Avantel Limited Secures Multiple Orders: Rs. 3.95 Crore from Indian Navy and Rs. 8.82 Crore from Bharat Electronics Limited

Avantel Limited has received two significant defense contracts. The Indian Navy's Material Organisation in Mumbai has placed an order worth Rs. 3.95 crore for Satcom Systems, to be executed by September 2026. Bharat Electronics Limited has ordered Power Amplifiers worth Rs. 8.82 crore, with delivery expected by March 2026. These contracts highlight Avantel's expertise in defense technology and satellite communication systems.

22Sept 25

Avantel Limited Secures Rs. 19.33 Crore Order from Larsen & Toubro for Satcom Products

Avantel Limited has received a purchase order worth Rs. 19.33 crore from Larsen & Toubro Limited for Satcom products service. The contract, received on September 22, 2025, is to be completed by July 2026. It is a domestic service-related work with no promoter group interest or related party transactions involved. The company has made a formal disclosure to BSE and NSE in compliance with SEBI regulations.

18Sept 25

Avantel Limited Secures Rs. 12.51 Crore Order from Bharat Electronics for Satcom Products

Avantel Limited has received a purchase order worth Rs. 12.51 crore (including taxes) from Bharat Electronics Limited for the supply of Satcom Products. The contract is for manufacturing and has an execution deadline of March 2026. The order includes a 3% performance bank guarantee. Avantel confirmed that this is not a related party transaction and that promoter groups have no interest in Bharat Electronics Limited.

17Sept 25

Avantel Limited Secures Rs. 1.94 Crore Maintenance Contract from Fleet Maintenance Unit

Avantel Limited has won a maintenance contract worth Rs. 1.94 crore (including taxes) from Fleet Maintenance Unit. The domestic service contract, dated September 16, 2025, has an execution timeline until September 19, 2027. The company is required to provide a performance bank guarantee of 3% of the contract value. This contract follows a recent Rs. 9.92 crore order from Garden Reach Shipbuilders Limited for Satcom Products supply.

16Sept 25

Avantel Limited Secures Rs. 9.92 Crore Order for Satcom Products from Garden Reach Shipbuilders

Avantel Limited has received a purchase order worth Rs. 9.92 crore from Garden Reach Shipbuilders Limited for the supply of Satcom Products. The order execution period is from March 15, 2026, to June 15, 2026, and involves domestic manufacturing. A 3% performance bank guarantee is required. The company disclosed this information in compliance with SEBI regulations, confirming no related party transactions or promoter group interests are involved.

08Sept 25

Avantel Secures Rs. 9.88 Crore Amended Purchase Order from Department of Atomic Energy

Avantel Limited received an amended purchase order worth Rs. 9.88 crore from the Department of Atomic Energy. The domestic supply contract has an execution deadline of September 30, 2026, with a 3% Bank Guarantee as performance security. Avantel's credit ratings were reaffirmed by Acuité Ratings & Research Limited, with a long-term rating of 'ACUITE A-' and short-term rating of 'ACUITE A2+' for bank facilities worth Rs. 69.50 crore. The same ratings were assigned to an additional Rs. 65.00 crore of bank facilities.

29Aug 25

Avantel Secures ₹2.84 Crore Order for Satcom Products

Avantel Limited has received a ₹2.84 crore purchase order from Chowgule and Company Private Limited for Satcom products. The order includes manufacturing and service components with a 24-month warranty period and an execution deadline of March 15, 2026. This domestic contract reinforces Avantel's position in the Indian satellite communication market.

11Aug 25

Avantel Secures ₹10.11 Crore Order from HAL for Satcom Equipment

Avantel Limited has received a purchase order worth ₹10.11 crore from Hindustan Aeronautics Limited (HAL) for supplying Satcom Equipment - Airborne Version. The order, received on August 11, 2025, is classified as a domestic manufacturing order with an execution timeline of August 10, 2026. The equipment comes with a 24-month warranty period from the date of acceptance. This order complies with SEBI regulations and does not involve related party transactions.

25Jul 25

Avantel Limited Reports Proper Utilization of Rs 80.91 Crore Rights Issue Proceeds

Avantel Limited has submitted its monitoring agency report for Q2 2023, confirming the appropriate use of Rs 80.91 crore raised through a Rights Issue. The company utilized Rs 26.49 crore during the quarter, with Rs 5.60 crore for a new manufacturing facility, Rs 19.94 crore for general corporate purposes, and Rs 0.95 crore for issue-related expenses. The remaining Rs 54.42 crore is held in a monitoring account. The Rights Issue aimed to fund capital expenditure for a new manufacturing facility and GSaaS infrastructure. Avantel's Q2 standalone results show revenue of Rs 5,183.65 lakh and net profit of Rs 462.40 lakh.

25Jul 25

AVANTEL Reports Flat Q1 Revenue Growth with Significant Profit Decline

Avantel Limited's Q1 results show minimal revenue growth of 0.19% to ₹519.00 crore. However, profitability declined significantly with EBITDA falling 26.76% to ₹104.00 crore and net profit dropping 56.76% to ₹32.00 crore. The EBITDA margin compressed to 20.04% from 27.41%. The company's main segment, communications and signal processing products, generated ₹518.82 crore in revenue. Avantel completed a rights issue, allotting 2,02,26,100 equity shares at ₹40 per share.

22Jul 25

Avantel Limited Mourns the Loss of Promoter Mr. Abburi Venkateswara Rao

Avantel Limited announced the demise of promoter Abburi Venkateswara Rao, aged 87, on July 21, 2025. He held 23,78,786 equity shares (0.90% of total equity). The transmission of his shares to the nominee is in process. Mr. Rao will no longer be part of the Promoter/Promoter Group. The company expressed deep sorrow over the loss and made the announcement in compliance with SEBI regulations.

01Jul 25

Avantel Secures Rs 5.97 Crore SATCOM Equipment Order from Goa Shipyard

Avantel Limited has received a new order from Goa Shipyard Limited for SATCOM equipment, valued at Rs 5.97 crore. This contract signifies Avantel's involvement in the maritime communication sector and could potentially strengthen its market position. The order may contribute to Avantel's revenue stream and open up future opportunities in the shipbuilding and maritime sectors.

21Jun 25

Avantel Secures ₹13 Crore Contract from DRDO for Defense-Related Products

Avantel Limited, a defense and aerospace technology company, has been awarded a ₹13.00 crore contract by the Defence Research and Development Organisation (DRDO). The contract, likely involving defense-related products or services, is expected to boost Avantel's revenue and strengthen its position in the defense technology sector. This partnership with DRDO, India's premier defense research agency, could lead to future collaborations and opportunities for Avantel in the defense industry.

21Jun 25

Avantel Secures ₹11 Crore Order from Mazagon Dock Shipbuilders

Avantel Limited has received an order worth ₹11.00 crore from Mazagon Dock Shipbuilders. This order is expected to boost Avantel's revenue and potentially strengthen its position in the defense and maritime technology sectors. The partnership with Mazagon Dock Shipbuilders, a key player in India's shipbuilding industry, may lead to future collaborations. Specific details about the products or services involved in the order have not been disclosed.

11Jun 25

Avantel's Subsidiary to Launch State-of-the-Art Medical Products Facility in Visakhapatnam

Avantel Limited's subsidiary, Imeds Global Private Ltd, is set to open a new facility for medical product design, development, and manufacturing in Visakhapatnam. The 2-acre complex will feature 25,000 sq. ft. of built-up area, including clean rooms and testing infrastructure. The facility is scheduled to begin operations on June 15, 2025, marking Avantel's strategic expansion into the healthcare sector.

10Jun 25

Avantel Subsidiary to Launch New Medical Product Facility in Visakhapatnam

Avantel Limited's subsidiary, Imeds Global Private Ltd, is set to open a new medical product facility in Visakhapatnam. The 2-acre site will include 25,000 square feet of construction area with clean rooms and advanced testing facilities. The facility, focusing on design, development, and manufacturing of medical products, is scheduled to start operations on June 15, 2025. This expansion represents a significant move into the healthcare sector for Avantel, potentially diversifying its revenue streams and opening new market opportunities.

01May 25

Avantel Unveils ₹809 Crore Rights Issue at ₹40 Per Share

Avantel Limited has approved a rights issue to raise ₹809 crore. The issue offers 2,02,26,100 shares at ₹40 per share, with a rights entitlement ratio of 10:121. The issue opens on May 15, 2025, and closes on May 22, 2025, with a record date of May 7, 2025. Post-issue, the company's outstanding equity shares will increase to 26,49,61,920, subject to full subscription.

26Apr 25

Avantel Reports Mixed Q4 Results: Revenue Up, Profits Down

Avantel Limited's Q4 FY2024-25 results show revenue growth of 17.70% YoY to 492.00 crore rupees, but decreased profitability. Net profit dropped to 61.00 crore rupees from 121.00 crore rupees last year. Full-year results were more positive with 11.00% revenue growth and 7.40% net profit increase. The company declared a final dividend of 0.20 rupees per share and announced plans for a rights issue to raise up to 81.00 crore rupees. Avantel is also diversifying into the healthcare sector.

25Feb 25

Avantel Ltd Secures Additional ₹11.19 Crore Order from ISRO's Commercial Arm

Avantel Limited continues its strategic partnership with ISRO's commercial arm by securing another ₹11.19 crore order for Xponder devices, adding to its existing ₹43.25 crore contract. The new order involves supply, installation and commissioning of devices with delivery scheduled by July 2026, further reinforcing Avantel's position as a key supplier for India's coastal security infrastructure.