Avantel Ltd Share Price – NSE /  BSE

Aerospace & Defence, Small Cap

Avantel has received a purchase order of Rs 122.58 crore from NewSpace India for supply of S/X-band with Ka-band ready full motion Antennas.

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The contract, covering supply, installation, and commissioning, is scheduled for completion by August 2027. Key terms include a 2.5% security deposit and a 0.5% performance bank guarantee. The order has been awarded by a domestic entity.

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.

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Avantel has allotted 1,91,140 equity shares under ESOP on 28 January 2026. With this allotment, the paid up equity share capital has increased to 26,56,58,070 equity shares of Rs.2/- each aggregating to Rs.53,13,16,140/-

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Revenue from operations declined 26.8% year-on-year to Rs 51.72 crore in Q3 FY26.

Profit before tax (PBT) stood at Rs 5.82 crore in Q3 FY26, down 79.6% compared with the Rs 28.49 crore reported in Q3 FY25.

Total expenses increased 8.43% YoY to Rs 46.31 crore in Q3 FY26. The cost of material consumed stood at Rs 23.38 crore (down 17.91% YoY), and employee benefit expense stood at Rs 13.50 crore (down 4.05% YoY) during the period under review.

On a segmental revenue basis, revenue from communications and signal processing products stood at Rs 51.66 crore, registering a year-on-year decline of 27.17%. Revenue from the healthcare segment was Rs 0.47 crore, reflecting an 80.77% YoY jump during the quarter.

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.

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