Rs 210 crore order book: Defence company receives order worth Rs 12,51,00,000 from Bharat Electronics Ltd (BEL)
DSIJ Intelligence-1 / 18 Sep 2025/ Categories: Multibaggers, Trending
The stock has given multibagger returns of 104 per cent from its 52-week low; 900 per cent in 3 years and a whopping 2,680 per cent in 5 years.
Avantel Limited has secured a significant domestic purchase order from Bharat Electronics Ltd (BEL) for the supply of Satcom Products. The contract, valued at Rs 12.51 crore (inclusive of taxes), was received on September 17, 2025. Avantel is required to complete the manufacturing and delivery of the products by March 2026. This order is subject to a Performance Bank Guarantee of 3 per cent.
Earlier, the company secured a purchase order from Garden Reach Shipbuilders Limited for the supply of Satcom products. The contract is valued at Rs 9.92 crore, including taxes. As part of the terms, Avantel is required to provide a performance bank guarantee of 3 per cent. The domestic order is for a manufacturing project and is scheduled to be executed between March 15, 2026, and June 15, 2026.
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About the Company
Established in 1990 by Vidyasagar Abburi, Avantel Limited is a prominent Indian technology company specialising in advanced communication and technology solutions for strategic sectors like defence and aerospace. Headquartered in Visakhapatnam with a corporate office in Hyderabad, Avantel is known for its high-quality and reliable products and services, including advanced communication systems, radar technology, and network management software. Holding AS 9100D and ISO 9001:2015 certifications, the company focuses on delivering innovative solutions in areas such as SATCOM, radar subsystems, SDRs and defence electronics, contributing significantly to India's technological self-reliance and national security.
According to Quarterly Results (Q1FY26), the company reported net sales of Rs 51.91 crore and net profit of Rs 3.23 crore. In its annual results, the net sales increased by 11 per cent to Rs 249.13 crore and net profit increased by 7 per cent to Rs 56.45 crore in FY25 compared to FY24. The company has an order book of Rs 210 crore.
The company is a Small-Cap company having a market cap of over Rs 4,700 crore with a 5-year stock price CAGR of 110 per cent. The company's shares have an ROE of 28 per cent and an ROCE of 37 per cent. The stock has given multibagger returns of 104 per cent from its 52-week low; 900 per cent in 3 years and a whopping 2,680 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.