Avantel Ltd

Avantel will hold a meeting of the Board of Directors of the Company on 25 July 2025.Powered by Capital Market - Live

Abburi Vidyasagar (64 Years) is a post graduate in Electronics and Communication Engineering. He did his B.Tech from JNTU, Kakinada, Andhra Pradesh and did his master of engineering from IIT, Kharagpur. He also did master of business administration from Osmania University, Hyderabad. Dr. A. Vidyasagar received Doctorate from JNTU, Hyderabad for his outstanding work on E-Learning Methodologies. Dr. Abburi Vidyasagar promoted Avantel in 1990, a technology driven research-oriented company and developed world-class infrastructure for design, manufacture and development of wireless products for defence, satellite communications and export markets. Avantel with a team of engineers developed satellite communication products for voice and data communication working on Indian satellites for various platforms like ships, submarines, aircrafts and helicopters. Avantel specializes in providing strategic solutions to the Indian defence services and related establishments. It has developed and manufactured various radio components and unique products such as satellite communications, HF communications, electronic warfare, and radar systems. The company's consolidated net profit fell 49.96% to Rs 6.08 crore on a 17.96% rise in revenue from operations to Rs 49.26 crore in Q4 FY25 over Q4 FY24. The counter rallied 5.39% to settle at Rs 163.35 on the BSE.Powered by Capital Market - Live

Avantel has received a purchase order worth Rs 11.06 crore from Mazagon Dock Shipbuilders. Powered by Capital Market - Live

The first order, worth Rs 11.06 crore, was awarded by Mazagon Dock Shipbuilders. It includes domestic manufacturing, with a delivery schedule from April 2026 to August 2029. A performance bank guarantee of 5% is required. The second contract, worth Rs 13.67 crore, was received from DRDO's DEAL division and is due for completion by August 2027. This order includes a 3% performance bank guarantee. Avantel specializes in providing strategic solutions to the Indian Defence Services and related establishments. It has developed and manufactured various radio components and unique products such as satellite communications, HF communications, electronic warfare, and radar systems. Currently, Avantel is working on expanding its portfolio by developing SCA-compliant software-defined radios, high-power HF systems, air defence radars, and small satellites. The company's consolidated net profit fell 49.96% to Rs 6.08 crore on a 17.96% rise in revenue from operations to Rs 49.26 crore in Q4 FY25 over Q4 FY24.Powered by Capital Market - Live

Avantel has received a purchase order worth of Rs.13.67 crore (Incl. Taxes) for development of SDRs from Defence Electronics Applications Laboratory (DEAL), DRDO.Powered by Capital Market - Live

Acuit' Ratings & Research has reaffirmed the long-term rating of 'ACUITE A-' (read as ACUITE A minus) and short-term rating of 'ACUITE A2+' (read as ACUITE A two plus) on Rs.69.50 Cr bank facilities of Avantel Limited. The outlook is 'Stable'.Powered by Capital Market - Live

PNC Infratech Ltd, Sheela Foam Ltd, JM Financial Ltd and Sunflag Iron & Steel Company Ltd are among the other gainers in the BSE's 'A' group today, 05 June 2025.Avantel Ltd soared 12.41% to Rs 180.3 at 11:47 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 12.1 lakh shares were traded on the counter so far as against the average daily volumes of 6.2 lakh shares in the past one month. PNC Infratech Ltd spiked 9.89% to Rs 313.3. The stock was the second biggest gainer in 'A' group. On the BSE, 7.09 lakh shares were traded on the counter so far as against the average daily volumes of 56425 shares in the past one month. Sheela Foam Ltd surged 8.58% to Rs 679.7. The stock was the third biggest gainer in 'A' group. On the BSE, 44112 shares were traded on the counter so far as against the average daily volumes of 13533 shares in the past one month. JM Financial Ltd exploded 7.31% to Rs 140.25. The stock was the fourth biggest gainer in 'A' group. On the BSE, 5.85 lakh shares were traded on the counter so far as against the average daily volumes of 2.92 lakh shares in the past one month. Sunflag Iron & Steel Company Ltd gained 7.16% to Rs 289.75. The stock was the fifth biggest gainer in 'A' group. On the BSE, 64485 shares were traded on the counter so far as against the average daily volumes of 17779 shares in the past one month. Powered by Capital Market - Live

Avantel has revised the Annual General Meeting of the company which was scheduled to be held on 21 June 2025. The meeting will now be held on 23 June 2025.Powered by Capital Market - Live

Avantel has allotted 2,02,26,100 equity shares of face value of Rs 2 each on rights basis to the eligible shareholders at an issue price of Rs.40/- per equity share. Consequent to the said allotment, the paid-up equity share capital of the company stands increased to 26,49,61,920 equity shares of Rs 2 each. Powered by Capital Market - Live

Avantel has received purchase order worth Rs 17.70 crore from Bharat Electronics. Powered by Capital Market - Live