Avantel Ltd

Avantel has received a contract valued at Rs 28.20 crore from Coast Guard Headquarters, New Delhi, for the supply, installation, commissioning, and annual comprehensive maintenance of satcom products.

Avantel has received additional order worth Rs 1.92 crore from Bharat Electronics over an above the existing order value of Rs 11.04 crore for supply of power amplifiers.

Revenue from operations rose 29.6% year-on-year to Rs 63.83 crore in Q4 FY26. Profit before tax (PBT) stood at Rs 7.32 crore in Q4 FY26, down 13.8% compared with Rs 8.49 crore reported in Q4 FY25. Total expenses increased 39.6% YoY to Rs 57.61 crore in Q4 FY26. Cost of materials consumed stood at Rs 26.51 crore (up 115% YoY), while employee benefit expenses rose 9.7% YoY to Rs 14.61 crore during the period under review. On a segmental basis, revenue from communications and signal processing products stood at Rs 64.15 crore, registering a 29.28% year-on-year growth. Revenue from the healthcare segment was Rs 0.78 crore, registering a 528% year-on-year surge during the quarter. Meanwhile, the board has recommended a final dividend of Re 0.20 per equity share of face value Rs 2 each (10%) for FY26, subject to shareholders' approval at the ensuing AGM. Avantel is engaged in the business of designing, developing, and maintaining wireless and satellite communication products, defence electronics, radar systems, and the development of network management software applications for its customers, mainly from the aerospace and defence sectors.

Avantel announced that the Board of Directors of the Company at its meeting held on 26 April 2026, inter alia, have recommended the final dividend of Rs 0.2 per equity Share (i.e. 10%) , subject to the approval of the shareholders.

Avantel announced that the 36th Annual General Meeting(AGM) of the company will be held on 24 June 2026.

Net profit of Avantel declined 21.55% to Rs 4.77 crore in the quarter ended March 2026 as against Rs 6.08 crore during the previous quarter ended March 2025. Sales rose 29.58% to Rs 63.83 crore in the quarter ended March 2026 as against Rs 49.26 crore during the previous quarter ended March 2025. For the full year,net profit declined 73.44% to Rs 14.99 crore in the year ended March 2026 as against Rs 56.44 crore during the previous year ended March 2025. Sales declined 10.54% to Rs 222.87 crore in the year ended March 2026 as against Rs 249.13 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales63.8349.26 30 222.87249.13 -11 OPM %21.2923.57 -21.4837.13 - PBDT12.8811.43 13 44.7191.24 -51 PBT7.328.49 -14 24.6479.44 -69 NP4.776.08 -22 14.9956.44 -73 Powered by Capital Market - Live

Avantel will hold a meeting of the Board of Directors of the Company on 26 April 2026.

Avantel has received a purchase order valued at Rs 11.59 crore from NewSpace India, for supply, installation and commissioning of Devices for Xponders.

The contract involves manufacturing, warranty, and comprehensive operation and maintenance contract (COAMC) services. As per the agreement, Avantel will provide a three-year warranty followed by seven years of COAMC support. The company is required to furnish a Performance Bank Guarantee of 5%, in line with the contract terms. The order is scheduled to be executed by September 2027, and has been awarded by a domestic entity. Avantel clarified that neither the promoter nor promoter group companies have any interest in the awarding entity, and the transaction does not fall under related party transactions. Avantel is engaged in the business of designing, developing, and maintaining wireless and satellite communication products, defence electronics, radar systems, and the development of network management software applications for its customers, mainly from the aerospace and defence sectors. The company's consolidated net profit tanked 86.4% YoY to Rs 2.74 crore in Q3 FY26, compared with Rs 20.08 crore in Q3 FY25. Revenue from operations declined 26.8% year-on-year to Rs 51.72 crore in Q3 FY26.Powered by Capital Market - Live

The contract involves manufacturing, warranty, and comprehensive operation and maintenance contract (COAMC) services. As per the agreement, Avantel will provide a three-year warranty followed by seven years of COAMC support. The company is required to furnish a Performance Bank Guarantee of 5%, in line with the contract terms. The order is scheduled to be executed by September 2027, and has been awarded by a domestic entity. Avantel clarified that neither the promoter nor promoter group companies have any interest in the awarding entity, and the transaction does not fall under related party transactions. Avantel is engaged in the business of designing, developing, and maintaining wireless and satellite communication products, defence electronics, radar systems, and the development of network management software applications for its customers, mainly from the aerospace and defence sectors. The company's consolidated net profit tanked 86.4% YoY to Rs 2.74 crore in Q3 FY26, compared with Rs 20.08 crore in Q3 FY25. Revenue from operations declined 26.8% year-on-year to Rs 51.72 crore in Q3 FY26. Shares of Avantel declined 4.61% to close at Rs 124.20 on 27 March 2026.Powered by Capital Market - Live