Rs 210 crore order book: Defence company receives order worth Rs 3,36,00,000 from Defence Research and Development Organisation (DRDO)
DSIJ Intelligence-1 / 26 Aug 2025/ Categories: Mindshare, Trending
The stock is up by 68 per cent from its 52-week low, giving multibagger returns of 770 per cent in 3 years and a whopping 2,375 per cent in 5 years.
Avantel Limited has been awarded a domestic order worth Rs 3.36 crore (inclusive of taxes) from the Defence Research and Development Organisation (DRDO). The order, dated August 25, 2025, is for the development, porting, and testing of a SATCOM Waveform (SDR). This contract involves software services and will include the field trials of the ported waveform using a HUB. The project is scheduled to be executed by April 27, 2026.
Earlier, the company received a domestic purchase order valued at Rs 10,11,00,000 crore (including taxes) from Hindustan Aeronautics Limited (HAL). This contract is for the manufacturing and supply of Satcom Equipment - Airborne Version. The equipment comes with a 24-month warranty from the date of acceptance and is scheduled for execution by August 10, 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.
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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 3,900 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 is up by 68 per cent from its 52-week low, giving multibagger returns of 770 per cent in 3 years and a whopping 2,375 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.