AVANTEL LIMITED (AVANTEL) financials

AVANTEL LIMITED (AVANTEL) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

Avantel Limited is engaged in the business of designing, developing and maintaining wireless and satellite communication products, defence electronics, radar systems and development of network management software applications for its customers majorly from the aerospace and defence sectors.[1]

Market Cap: ₹4,007Cr.
Current Price: ₹151
Stock P/E: 157
ROE: 7.53%
ROCE: 11.5%
Book Value: ₹13.4
Dividend Yield: 0.13%
52W High / Low: ₹201/117

In Jun 2026, AVANTEL LIMITED (AVANTEL) reported sales ₹70.12 Cr and net profit ₹7.62 Cr.

Annual TTM: sales ₹240 Cr, net profit ₹26 Cr.

Shareholding: Promoters 37.04% (Jun 2026), FIIs 1.54% (Jun 2026), DIIs 1.14% (Jun 2026), Public 60.28% (Jun 2026), No. of Shareholders 1,89,918% (Jun 2026).

AVANTEL quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	77.25	70.44	49.14	51.84	55.12	51.25	63.15	70.12
Expenses	41.98	37.65	36.59	40.49	42.42	37.32	47.75	50.98
Operating Profit	35.27	32.79	12.55	11.35	12.70	13.93	15.40	19.14
OPM %	45.66%	46.55%	25.54%	21.89%	23.04%	27.18%	24.39%	27.30%
Other Income	0.49	0.49	0.48	0.05	0.91	0.41	1.09	0.12
Interest	0.72	1.02	0.66	0.80	1.25	1.77	1.81	1.74
Depreciation	2.87	2.95	2.80	3.90	4.24	4.83	5.06	6.60
Profit before tax	32.17	29.31	9.57	6.70	8.12	7.74	9.62	10.92
Tax %	26.73%	28.66%	23.09%	31.04%	24.01%	39.79%	26.72%	30.22%
Net Profit	23.57	20.90	7.36	4.62	6.17	4.66	7.05	7.62
EPS in Rs	0.89	0.79	0.28	0.17	0.23	0.18	0.27	0.29
Raw PDF	—	—	—	—	—	—	—	—

AVANTEL profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	52	78	105	154	224	248	221	240
Expenses	37	56	77	105	140	153	168	178
Operating Profit	15	22	28	49	84	95	54	61
OPM %	30%	29%	26%	32%	38%	38%	24%	26%
Other Income	1	1	1	0	1	2	2	3
Interest	1	2	2	5	4	3	6	7
Depreciation	3	3	4	5	7	11	18	21
Profit before tax	13	18	24	40	74	83	32	36
Tax %	17%	17%	19%	25%	26%	28%	30%	—
Net Profit	11	15	19	30	55	60	22	26
EPS in Rs	0.41	0.58	0.73	1.14	2.11	2.26	0.85	0.97
Dividend Payout %	15%	11%	8%	5%	9%	8%	24%	—

AVANTEL balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	4	4	4	4	16	49	49	53
Reserves	39	48	62	80	96	123	199	303
Borrowings	0	0	3	16	30	18	26	34
Other Liabilities	4	15	17	11	12	34	23	36
Total Liabilities	47	67	87	110	154	223	298	427
Fixed Assets	12	14	16	25	26	44	95	162
CWIP	0	0	1	7	9	16	5	6
Investments	0	0	0	5	12	17	30	43
Other Assets	36	53	70	73	108	146	168	216
Total Assets	47	67	87	110	154	223	298	427

AVANTEL cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	4	3	45	-30	4	68	50	20
Cash from Investing Activity	-1	0	-42	20	-13	-45	-57	-103
Cash from Financing Activity	-4	-3	-3	9	8	-23	8	86
Net Cash Flow	-0	0	0	-1	0	0	2	4
Free Cash Flow	3	1	39	-49	-3	39	-1	-71
CFO/OP	48%	35%	217%	-93%	26%	97%	85%	54%

AVANTEL shareholding pattern (%)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Promoters	40.06%	38.58%	38.57%	37.15%	37.15%	37.08%	37.04%	37.04%
FIIs	0.11%	0.18%	0.48%	0.47%	0.66%	0.60%	0.55%	1.54%
DIIs	0.65%	0.92%	0.43%	0.18%	0.16%	0.00%	0.92%	1.14%
Public	59.18%	60.33%	60.52%	62.20%	62.03%	62.32%	61.48%	60.28%
No. of Shareholders	1,94,783	2,04,932	2,08,381	2,21,646	2,09,275	2,04,063	1,97,774	1,89,918

AVANTEL key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	139	208	62	126	94	104	104	117
Inventory Days	62	139	34	130	257	219	346	519
Days Payable	4	43	4	5	17	28	11	10
Cash Conversion Cycle	197	305	91	251	334	295	439	626
Working Capital Days	154	217	24	162	158	140	184	238
ROCE %	33%	29%	33%	30%	37%	48%	37%	11%

AVANTELUpdated 13 Oct 2026, 16:44

Avantel Limited

AVANTELUpdated 13 Oct 2026, 16:44

Market Cap

₹4,007Cr.

Current Price

₹151

High / Low

₹201/117

Stock P/E

157

ROE7.53%

ROCE11.5%

Book Value₹13.4

Face Value₹2.00

Dividend Yield0.13%

About

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	68.9	1.49	54.06	0.13	1.4	12.08	28.06	8.69	0.33
Sep 2023	54.2	1.51	28.69	0.37	1.54	22.83	26.85	16.71	0.63
Dec 2023	59.1	0.87	34.07	0.34	1.75	22.75	25.36	16.97	0.64
Mar 2024	41.71	0.3	22.68	0.46	2.37	16.82	22.18	13.08	0.5
Jun 2024	51.65	0.64	36.88	0.3	2.77	11.66	30.7	8.08	0.31
Sep 2024	77.25	0.72	41.98	0.49	2.87	32.17	26.73	23.57	0.89
Dec 2024	70.44	1.02	37.65	0.49	2.95	29.31	28.66	20.9	0.79
Mar 2025	49.14	0.66	36.59	0.48	2.8	9.57	23.09	7.36	0.28
Jun 2025	51.84	0.8	40.49	0.05	3.9	6.7	31.04	4.62	0.17
Sep 2025	55.12	1.25	42.42	0.91	4.24	8.12	24.01	6.17	0.23
Dec 2025	51.25	1.77	37.32	0.41	4.83	7.74	39.79	4.66	0.18
Mar 2026	63.15	1.81	47.75	1.09	5.06	9.62	26.72	7.05	0.27
Jun 2026	70.12	1.74	50.98	0.12	6.6	10.92	30.22	7.62	0.29

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	25	2	21	1	2	1	26	1	0.03
Mar 2016	25	2	21	0	2	1	9	1	0.02
Mar 2017	34	2	30	1	2	1	16	1	0.03
Mar 2018	52	1	40	15	2	24	28	17	0.66
Mar 2019	51	1	36	1	2	12	23	10	0.36
Mar 2020	52	1	37	1	3	13	17	11	0.41
Mar 2021	78	2	56	1	3	18	17	15	0.58
Mar 2022	105	2	77	1	4	24	19	19	0.73
Mar 2023	154	5	105	0	5	40	25	30	1.14
Mar 2024	224	4	140	1	7	74	26	55	2.11
Mar 2025	248	3	153	2	11	83	28	60	2.26
Mar 2026	221	6	168	2	18	32	30	22	0.85
TTM	240	7	178	3	21	36	—	26	0.97

Shareholding pattern

As of Jun 2026%

Holder	Share
Promoters	37.04%
FIIs	1.54%
DIIs	1.14%
Public	60.28%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Public
Sep 2023	40.1%	0%	0.01%	59.89%
Dec 2023	40.1%	0%	0.01%	59.89%
Mar 2024	40.06%	0%	0%	59.94%
Jun 2024	40.06%	0.01%	0.36%	59.56%
Sep 2024	40.06%	0.11%	0.65%	59.18%
Dec 2024	38.58%	0.18%	0.92%	60.33%
Mar 2025	38.57%	0.48%	0.43%	60.52%
Jun 2025	37.15%	0.47%	0.18%	62.2%
Sep 2025	37.15%	0.66%	0.16%	62.03%
Dec 2025	37.08%	0.6%	0%	62.32%
Mar 2026	37.04%	0.55%	0.92%	61.48%
Jun 2026	37.04%	1.54%	1.14%	60.28%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2015	4	16	9	3	32	14	0	0	18	32
Mar 2016	4	16	9	3	32	13	0	0	19	32
Mar 2017	4	17	10	3	34	13	0	0	21	34
Mar 2018	4	33	0	6	43	12	0	0	31	43
Mar 2019	4	39	0	4	47	12	0	0	36	47
Mar 2020	4	48	0	15	67	14	0	0	53	67
Mar 2021	4	62	3	17	87	16	1	0	70	87
Mar 2022	4	80	16	11	110	25	7	5	73	110
Mar 2023	16	96	30	12	154	26	9	12	108	154
Mar 2024	49	123	18	34	223	44	16	17	146	223
Mar 2025	49	199	26	23	298	95	5	30	168	298
Mar 2026	53	303	34	36	427	162	6	43	216	427

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	4	0	-4	0
Mar 2016	4	-1	-2	0
Mar 2017	2	-2	0	0
Mar 2018	9	4	-12	1
Mar 2019	4	-1	-4	0
Mar 2020	3	0	-3	0
Mar 2021	45	-42	-3	0
Mar 2022	-30	20	9	-1
Mar 2023	4	-13	8	0
Mar 2024	68	-45	-23	0
Mar 2025	50	-57	8	2
Mar 2026	20	-103	86	4

Key ratios

Historical financial ratios

Category	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	67	61	105	63	139	208	62	126	94	104	104	117
Inventory Days	459	551	190	122	62	139	34	130	257	219	346	519
Days Payable	20	14	12	38	4	43	4	5	17	28	11	10
Cash Conversion Cycle	505	597	282	147	197	305	91	251	334	295	439	626
Working Capital Days	122	115	74	101	154	217	24	162	158	140	184	238
ROCE %	9%	9%	9%	29%	33%	29%	33%	30%	37%	48%	37%	11%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of AVANTEL LIMITED (AVANTEL)?

The reported market capitalisation for AVANTEL LIMITED (AVANTEL) is ₹4,007Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of AVANTEL?

The current price shown for AVANTEL LIMITED (AVANTEL) on Fincrux is ₹151 with a 52-week high/low of ₹201/117.

What is the P/E ratio of AVANTEL LIMITED (AVANTEL)?

The stock P/E for AVANTEL LIMITED (AVANTEL) is 157 on Fincrux, with ROE at 7.53% and ROCE at 11.5%.

What were AVANTEL latest quarterly results?

For Jun 2026, AVANTEL LIMITED (AVANTEL) reported sales ₹70.12 Cr and net profit ₹7.62 Cr (figures in ₹ crore unless noted).

What are AVANTEL annual sales and net profit?

For TTM, AVANTEL LIMITED (AVANTEL) shows sales of ₹240 Cr and net profit of ₹26 Cr on the Fincrux profit & loss statement.

Who owns AVANTEL LIMITED (AVANTEL)?

Latest shareholding for AVANTEL LIMITED (AVANTEL) on Fincrux: Promoters 37.04% (Jun 2026), FIIs 1.54% (Jun 2026), DIIs 1.14% (Jun 2026), Public 60.28% (Jun 2026), No. of Shareholders 1,89,918% (Jun 2026).

Where can I find AVANTEL LIMITED (AVANTEL) financials?

AVANTEL LIMITED (AVANTEL) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show AVANTEL balance sheet and cash flow?

Yes. The AVANTEL LIMITED (AVANTEL) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 13 October 2026 at 16:44