Rs 287 Crore Order Book: Defence Company Bags New Orders Worth Rs 5.97 Crore from Goa Shipyard Ltd
The stock is up over 80 per cent from its 52-week low, giving multibagger returns of 900 per cent in 3 years and a whopping 10,000 per cent in 10 years.
Avantel Limited has received a domestic purchase order valued at Rs 5.97 crore (including taxes) from Goa Shipyard Limited. This order, received via email on June 30, 2025, is for the supply, installation, and commissioning of Satcom equipment, with the manufacturing and execution of the contract expected to be completed by May 2027.
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, the net sales increased by 18 per cent to Rs 49.26 crore and net profit decreased by 50 per cent to Rs 6.09 crore in Q4FY25 compared to Q4FY24. 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 287 crore.
The company is a Small-Cap company having a market cap of over Rs 4,300 crore with a 5-year stock price CAGR of 110 per cent. The company's shares have an ROE of 29 per cent and an ROCE of 37 per cent. The stock is up over 80 per cent from its 52-week low, giving multibagger returns of 900 per cent in 3 years and a whopping 10,000 per cent in 10 years.
Disclaimer: The article is for informational purposes only and not investment advice.
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