Avantel Ltd.
•₹ 160.22-1.68%
2026-08-21
PROS
- Company is almost debt free
- Company has a healthy return on capital (ROCE) of 32.7%
- Company has a good return on equity (ROE) track record: 3 Years ROE 25.9%
- Latest quarter profit grew 64.5% YoY, showing strong momentum
- Company has delivered good sales growth of 23.3% CAGR over last 5 years
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 1.01x)
CONS
- Valuation is stretched - P/E of 149.3 is well above its own 5-year median (44.0)
- Total debt has risen sharply - up 62.9% year on year
- Operating margins have contracted to 20.9% from 29.0%
- Stock is trading at 9.7x its book value
- Company has delivered a poor profit growth of 8.0% over past five years
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | HAL | 4995.00 | 35.84 | 334053.11 | 0.90 | 1589.66 | 14.88 | 5515.17 | 14.45 | 31.99 | 27.89 |
| 2. | BEL | 408.70 | 48.61 | 298750.66 | 0.61 | 1054.53 | 8.82 | 5546.98 | 24.94 | 36.68 | 25.22 |
| 3. | BDL | 1311.30 | 0.00 | 48067.34 | 0.37 | 118.79 | 547.36 | 572.24 | 147.63 | 19.75 | 14.52 |
| 4. | DATAPATTNS | 4698.25 | 3419.80 | 26302.67 | 0.21 | 220.60 | 765.10 | 1160.30 | 1068.13 | 23.18 | 27.04 |
| 5. | AEQUS | 260.15 | 0.00 | 17447.37 | 0.00 | -532.28 | -6067.26 | 3955.45 | 1486.69 | 1.50 | 4.47 |
| 6. | ZENTEC | 1908.55 | 95.65 | 17232.86 | 0.05 | 31.85 | -39.99 | 141.64 | -10.48 | 16.83 | 27.13 |
| 7. | ASTRAMICRO | 1682.75 | 84.51 | 15976.87 | 0.14 | 12.35 | -24.12 | 176.66 | -11.55 | 19.18 | 20.40 |
| 8. | APOLLO | 386.70 | 118.44 | 14369.75 | 0.06 | 252.16 | 1325.84 | 2512.93 | 1781.17 | 14.05 | 21.38 |
| 9. | SIGMAADV | 665.20 | 83.18 | 12634.07 | 0.00 | 354.12 | 159.95 | 3742.77 | — | 9.66 | 15.54 |
| 10. | PARAS | 1502.60 | 128.21 | 12109.05 | 0.07 | 20.74 | 45.34 | 127.91 | 37.26 | 18.68 | 24.95 |
| 11. | UNIMECH | 1499.20 | 105.96 | 7631.23 | 0.00 | 27.86 | 45.70 | 107.62 | 70.85 | 12.10 | 36.35 |
| 12. | AVANTEL | 162.85 | 251.87 | 4327.10 | 0.12 | 5.40 | 67.18 | 70.42 | 35.66 | 9.60 | 24.75 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 69 | 54 | 59 | 42 | 52 | 77 | 70 | 49 | 52 | 55 | 51 | 63 | 70 | |
| 54 | 29 | 34 | 23 | 37 | 42 | 38 | 37 | 40 | 42 | 37 | 48 | 59 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 0 |
| Interest | 1 | 2 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 |
| Depreciation | 1 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 4 | 4 | 5 | 5 | 7 |
| 12 | 23 | 23 | 17 | 12 | 32 | 29 | 10 | 7 | 8 | 8 | 10 | 11 | |
| Tax % | 28.09% | 26.84% | 25.36% | 22.18% | 30.70% | 26.72% | 28.69% | 23.09% | 31.04% | 24.01% | 39.84% | 26.72% | 30.25% |
| Net Profit | 9 | 17 | 17 | 13 | 8 | 24 | 21 | 7 | 5 | 6 | 5 | 7 | 8 |
| 0 | 1 | 1 | 1 | 0 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Equity Capital | 16 | 16 | 49 | 49 | 49 | 49 | 49 | 49 | 53 | 53 | 53 | 53 | 53 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 16 | 16 | 49 | 49 | 49 | 49 | 49 | 49 | 53 | 53 | 53 | 53 | 53 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 69
- 54
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 1
- Depreciation
- 1
- 12
- Tax %
- 28.09%
- Net Profit
- 9
- 0
- Equity Capital
- 16
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 16
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 54
- 29
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 2
- Depreciation
- 2
- 23
- Tax %
- 26.84%
- Net Profit
- 17
- 1
- Equity Capital
- 16
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 16
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 59
- 34
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 1
- Depreciation
- 2
- 23
- Tax %
- 25.36%
- Net Profit
- 17
- 1
- Equity Capital
- 49
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 49
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 42
- 23
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 2
- 17
- Tax %
- 22.18%
- Net Profit
- 13
- 1
- Equity Capital
- 49
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 49
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 52
- 37
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 1
- Depreciation
- 3
- 12
- Tax %
- 30.70%
- Net Profit
- 8
- 0
- Equity Capital
- 49
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 49
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 77
- 42
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 1
- Depreciation
- 3
- 32
- Tax %
- 26.72%
- Net Profit
- 24
- 1
- Equity Capital
- 49
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 49
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 70
- 38
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 1
- Depreciation
- 3
- 29
- Tax %
- 28.69%
- Net Profit
- 21
- 1
- Equity Capital
- 49
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 49
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 49
- 37
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 1
- Depreciation
- 3
- 10
- Tax %
- 23.09%
- Net Profit
- 7
- 0
- Equity Capital
- 49
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 49
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 52
- 40
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 1
- Depreciation
- 4
- 7
- Tax %
- 31.04%
- Net Profit
- 5
- 0
- Equity Capital
- 53
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 53
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 55
- 42
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 1
- Depreciation
- 4
- 8
- Tax %
- 24.01%
- Net Profit
- 6
- 0
- Equity Capital
- 53
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 53
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 51
- 37
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 2
- Depreciation
- 5
- 8
- Tax %
- 39.84%
- Net Profit
- 5
- 0
- Equity Capital
- 53
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 53
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 63
- 48
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 2
- Depreciation
- 5
- 10
- Tax %
- 26.72%
- Net Profit
- 7
- 0
- Equity Capital
- 53
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 53
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 70
- 59
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 2
- Depreciation
- 7
- 11
- Tax %
- 30.25%
- Net Profit
- 8
- 0
- Equity Capital
- 53
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 53
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 34 | 52 | 51 | 52 | 78 | 105 | 154 | 224 | 248 | 221 | 240 | |
| 30 | 40 | 36 | 37 | 56 | 77 | 105 | 140 | 153 | 168 | 187 | |
| Operating Profit | 4 | 27 | 15 | 17 | 23 | 29 | 50 | 86 | 97 | 56 | — |
| OPM % | 13 | 52 | 30 | 32 | 30 | 28 | 32 | 38 | 39 | 25 | — |
| Other Income | 1 | 15 | 1 | 1 | 1 | 1 | 0 | 1 | 2 | 2 | 3 |
| Interest | 2 | 1 | 1 | 1 | 2 | 2 | 5 | 4 | 3 | 6 | 7 |
| Depreciation | 2 | 2 | 2 | 3 | 3 | 4 | 5 | 7 | 11 | 18 | 21 |
| 1 | 24 | 13 | 13 | 19 | 24 | 40 | 74 | 83 | 32 | 36 | |
| Tax % | 16 | 28 | 23 | 17 | 17 | 19 | 25 | 26 | 28 | 30 | 30 |
| Net Profit | 1 | 17 | 10 | 11 | 15 | 19 | 30 | 55 | 60 | 22 | 25 |
| EPS | 2 | 43 | 24 | 27 | 38 | 47 | 19 | 2 | 2 | 1 | — |
| Dividend Payout % | 92 | 9 | 21 | 15 | 11 | 8 | 5 | 9 | 8 | 24 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 0 | 1 | 0 | 0 | 1 | 1 | 1 | 2 | 2 | 1 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 0 | 1 | 0 | 0 | 1 | 1 | 1 | 2 | 2 | 1 | — |
Mar 2017
- 34
- 30
- Operating Profit
- 4
- OPM %
- 13
- Other Income
- 1
- Interest
- 2
- Depreciation
- 2
- 1
- Tax %
- 16
- Net Profit
- 1
- EPS
- 2
- Dividend Payout %
- 92
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2018
- 52
- 40
- Operating Profit
- 27
- OPM %
- 52
- Other Income
- 15
- Interest
- 1
- Depreciation
- 2
- 24
- Tax %
- 28
- Net Profit
- 17
- EPS
- 43
- Dividend Payout %
- 9
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2019
- 51
- 36
- Operating Profit
- 15
- OPM %
- 30
- Other Income
- 1
- Interest
- 1
- Depreciation
- 2
- 13
- Tax %
- 23
- Net Profit
- 10
- EPS
- 24
- Dividend Payout %
- 21
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2020
- 52
- 37
- Operating Profit
- 17
- OPM %
- 32
- Other Income
- 1
- Interest
- 1
- Depreciation
- 3
- 13
- Tax %
- 17
- Net Profit
- 11
- EPS
- 27
- Dividend Payout %
- 15
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2021
- 78
- 56
- Operating Profit
- 23
- OPM %
- 30
- Other Income
- 1
- Interest
- 2
- Depreciation
- 3
- 19
- Tax %
- 17
- Net Profit
- 15
- EPS
- 38
- Dividend Payout %
- 11
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2022
- 105
- 77
- Operating Profit
- 29
- OPM %
- 28
- Other Income
- 1
- Interest
- 2
- Depreciation
- 4
- 24
- Tax %
- 19
- Net Profit
- 19
- EPS
- 47
- Dividend Payout %
- 8
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2023
- 154
- 105
- Operating Profit
- 50
- OPM %
- 32
- Other Income
- 0
- Interest
- 5
- Depreciation
- 5
- 40
- Tax %
- 25
- Net Profit
- 30
- EPS
- 19
- Dividend Payout %
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2024
- 224
- 140
- Operating Profit
- 86
- OPM %
- 38
- Other Income
- 1
- Interest
- 4
- Depreciation
- 7
- 74
- Tax %
- 26
- Net Profit
- 55
- EPS
- 2
- Dividend Payout %
- 9
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2025
- 248
- 153
- Operating Profit
- 97
- OPM %
- 39
- Other Income
- 2
- Interest
- 3
- Depreciation
- 11
- 83
- Tax %
- 28
- Net Profit
- 60
- EPS
- 2
- Dividend Payout %
- 8
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2026
- 221
- 168
- Operating Profit
- 56
- OPM %
- 25
- Other Income
- 2
- Interest
- 6
- Depreciation
- 18
- 32
- Tax %
- 30
- Net Profit
- 22
- EPS
- 1
- Dividend Payout %
- 24
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
TTM
- 240
- 187
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 7
- Depreciation
- 21
- 36
- Tax %
- 30
- Net Profit
- 25
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 25%
- 5 Years:
- 23%
- 3 Years:
- 13%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 44%
- 5 Years:
- 8%
- 3 Years:
- -9%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- 13%
RETURN ON EQUITY
- 10 Years:
- 27%
- 5 Years:
- 27%
- 3 Years:
- 26%
- Last Year:
- 8%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 4 | 4 | 4 | 4 | 4 | 4 | 16 | 49 | 49 | 53 |
| 17 | 33 | 39 | 48 | 62 | 80 | 96 | 117 | 186 | 293 | |
| 9 | 0 | 0 | 0 | 0 | 13 | 28 | 12 | 9 | 22 | |
| Trade Payables | 1 | 2 | 0 | 2 | 0 | 1 | 3 | 6 | 2 | 2 |
| 3 | 4 | 4 | 14 | 20 | 13 | 11 | 40 | 51 | 57 | |
| Total Liabilities | 33 | 43 | 47 | 67 | 87 | 110 | 154 | 223 | 297 | 427 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 13 | 12 | 12 | 14 | 16 | 25 | 26 | 44 | 95 | 162 | |
| Capital Work in Progress | 0 | 0 | 0 | 0 | 1 | 7 | 9 | 16 | 5 | 6 |
| 0 | 0 | 0 | 0 | 0 | 5 | 12 | 17 | 30 | 43 | |
| 8 | 7 | 2 | 5 | 3 | 17 | 44 | 46 | 60 | 91 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 64 | 71 | 71 | |
| Cash & Bank | 0 | 11 | 10 | 8 | 43 | 1 | 1 | 12 | 8 | 9 |
| 12 | 13 | 23 | 40 | 25 | 56 | 63 | 24 | 29 | 44 | |
| Total Assets | 33 | 43 | 47 | 67 | 87 | 110 | 154 | 223 | 297 | 427 |
| Total Debt | 11 | 0 | 0 | 0 | 0 | 13 | 28 | 12 | 21 | 34 |
| Net Working Capital | 7 | 25 | 31 | 39 | 48 | 47 | 68 | 98 | 133 | 153 |
| Contingent Liabilities | 7 | 10 | 10 | 23 | 33 | 25 | 14 | 35 | 42 | 61 |
| Book Value per Share | 50.88 | 91.15 | 106.16 | 127.45 | 163.37 | 206.48 | 68.98 | 6.80 | 9.59 | 13.03 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 2.00 | 2.00 | 2.00 |
| Total Debt | 11 | 0 | 0 | 0 | 0 | 13 | 28 | 12 | 21 | 34 |
| Net Working Capital | 7 | 25 | 31 | 39 | 48 | 47 | 68 | 98 | 133 | 153 |
| Contingent Liabilities | 7 | 10 | 10 | 23 | 33 | 25 | 14 | 35 | 42 | 61 |
| Book Value per Share | 50.88 | 91.15 | 106.16 | 127.45 | 163.37 | 206.48 | 68.98 | 6.80 | 9.59 | 13.03 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 2.00 | 2.00 | 2.00 |
Mar 2017
- Equity Capital
- 4
- 17
- 9
- Trade Payables
- 1
- 3
- Total Liabilities
- 33
- 13
- Capital Work in Progress
- 0
- 0
- 8
- 0
- Cash & Bank
- 0
- 12
- Total Assets
- 33
- Total Debt
- 11
- Net Working Capital
- 7
- Contingent Liabilities
- 7
- Book Value per Share
- 50.88
- Face Value
- 10.00
- Total Debt
- 11
- Net Working Capital
- 7
- Contingent Liabilities
- 7
- Book Value per Share
- 50.88
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 4
- 33
- 0
- Trade Payables
- 2
- 4
- Total Liabilities
- 43
- 12
- Capital Work in Progress
- 0
- 0
- 7
- 0
- Cash & Bank
- 11
- 13
- Total Assets
- 43
- Total Debt
- 0
- Net Working Capital
- 25
- Contingent Liabilities
- 10
- Book Value per Share
- 91.15
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 25
- Contingent Liabilities
- 10
- Book Value per Share
- 91.15
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 4
- 39
- 0
- Trade Payables
- 0
- 4
- Total Liabilities
- 47
- 12
- Capital Work in Progress
- 0
- 0
- 2
- 0
- Cash & Bank
- 10
- 23
- Total Assets
- 47
- Total Debt
- 0
- Net Working Capital
- 31
- Contingent Liabilities
- 10
- Book Value per Share
- 106.16
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 31
- Contingent Liabilities
- 10
- Book Value per Share
- 106.16
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 4
- 48
- 0
- Trade Payables
- 2
- 14
- Total Liabilities
- 67
- 14
- Capital Work in Progress
- 0
- 0
- 5
- 0
- Cash & Bank
- 8
- 40
- Total Assets
- 67
- Total Debt
- 0
- Net Working Capital
- 39
- Contingent Liabilities
- 23
- Book Value per Share
- 127.45
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 39
- Contingent Liabilities
- 23
- Book Value per Share
- 127.45
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 4
- 62
- 0
- Trade Payables
- 0
- 20
- Total Liabilities
- 87
- 16
- Capital Work in Progress
- 1
- 0
- 3
- 0
- Cash & Bank
- 43
- 25
- Total Assets
- 87
- Total Debt
- 0
- Net Working Capital
- 48
- Contingent Liabilities
- 33
- Book Value per Share
- 163.37
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 48
- Contingent Liabilities
- 33
- Book Value per Share
- 163.37
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 4
- 80
- 13
- Trade Payables
- 1
- 13
- Total Liabilities
- 110
- 25
- Capital Work in Progress
- 7
- 5
- 17
- 0
- Cash & Bank
- 1
- 56
- Total Assets
- 110
- Total Debt
- 13
- Net Working Capital
- 47
- Contingent Liabilities
- 25
- Book Value per Share
- 206.48
- Face Value
- 10.00
- Total Debt
- 13
- Net Working Capital
- 47
- Contingent Liabilities
- 25
- Book Value per Share
- 206.48
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 16
- 96
- 28
- Trade Payables
- 3
- 11
- Total Liabilities
- 154
- 26
- Capital Work in Progress
- 9
- 12
- 44
- 0
- Cash & Bank
- 1
- 63
- Total Assets
- 154
- Total Debt
- 28
- Net Working Capital
- 68
- Contingent Liabilities
- 14
- Book Value per Share
- 68.98
- Face Value
- 10.00
- Total Debt
- 28
- Net Working Capital
- 68
- Contingent Liabilities
- 14
- Book Value per Share
- 68.98
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 49
- 117
- 12
- Trade Payables
- 6
- 40
- Total Liabilities
- 223
- 44
- Capital Work in Progress
- 16
- 17
- 46
- 64
- Cash & Bank
- 12
- 24
- Total Assets
- 223
- Total Debt
- 12
- Net Working Capital
- 98
- Contingent Liabilities
- 35
- Book Value per Share
- 6.80
- Face Value
- 2.00
- Total Debt
- 12
- Net Working Capital
- 98
- Contingent Liabilities
- 35
- Book Value per Share
- 6.80
- Face Value
- 2.00
Mar 2025
- Equity Capital
- 49
- 186
- 9
- Trade Payables
- 2
- 51
- Total Liabilities
- 297
- 95
- Capital Work in Progress
- 5
- 30
- 60
- 71
- Cash & Bank
- 8
- 29
- Total Assets
- 297
- Total Debt
- 21
- Net Working Capital
- 133
- Contingent Liabilities
- 42
- Book Value per Share
- 9.59
- Face Value
- 2.00
- Total Debt
- 21
- Net Working Capital
- 133
- Contingent Liabilities
- 42
- Book Value per Share
- 9.59
- Face Value
- 2.00
Mar 2026
- Equity Capital
- 53
- 293
- 22
- Trade Payables
- 2
- 57
- Total Liabilities
- 427
- 162
- Capital Work in Progress
- 6
- 43
- 91
- 71
- Cash & Bank
- 9
- 44
- Total Assets
- 427
- Total Debt
- 34
- Net Working Capital
- 153
- Contingent Liabilities
- 61
- Book Value per Share
- 13.03
- Face Value
- 2.00
- Total Debt
- 34
- Net Working Capital
- 153
- Contingent Liabilities
- 61
- Book Value per Share
- 13.03
- Face Value
- 2.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 2 | 9 | 4 | 3 | 45 | -30 | 4 | 68 | 50 | 20 | |
| Cash from Investing | -2 | 4 | -1 | 0 | -42 | 20 | -13 | -45 | -57 | -103 |
| Cash from Financing | -0 | -12 | -4 | -3 | -3 | 9 | 8 | -23 | 8 | 86 |
| -0 | 1 | -0 | 0 | 0 | -1 | 0 | 0 | 2 | 4 | |
| Free Cash Flow | 2 | 9 | 3 | -2 | 40 | -48 | -3 | 36 | 0 | -64 |
| OCF / Net Profit | 2.01 | 0.53 | 0.44 | 0.28 | 2.91 | -1.56 | 0.15 | 1.23 | 0.84 | 0.90 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 51 | 1 | -11 | 23 | 25 | -79 |
| OCF / Net Profit | 2.01 | 0.53 | 0.44 | 0.28 | 2.91 | -1.56 | 0.15 | 1.23 | 0.84 | 0.90 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 51 | 1 | -11 | 23 | 25 | -79 |
Mar 2017
- 2
- Cash from Investing
- -2
- Cash from Financing
- -0
- -0
- Free Cash Flow
- 2
- OCF / Net Profit
- 2.01
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.01
- Cumulative 5-Year FCF
- 0
Mar 2018
- 9
- Cash from Investing
- 4
- Cash from Financing
- -12
- 1
- Free Cash Flow
- 9
- OCF / Net Profit
- 0.53
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.53
- Cumulative 5-Year FCF
- 0
Mar 2019
- 4
- Cash from Investing
- -1
- Cash from Financing
- -4
- -0
- Free Cash Flow
- 3
- OCF / Net Profit
- 0.44
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.44
- Cumulative 5-Year FCF
- 0
Mar 2020
- 3
- Cash from Investing
- 0
- Cash from Financing
- -3
- 0
- Free Cash Flow
- -2
- OCF / Net Profit
- 0.28
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.28
- Cumulative 5-Year FCF
- 0
Mar 2021
- 45
- Cash from Investing
- -42
- Cash from Financing
- -3
- 0
- Free Cash Flow
- 40
- OCF / Net Profit
- 2.91
- Cumulative 5-Year FCF
- 51
- OCF / Net Profit
- 2.91
- Cumulative 5-Year FCF
- 51
Mar 2022
- -30
- Cash from Investing
- 20
- Cash from Financing
- 9
- -1
- Free Cash Flow
- -48
- OCF / Net Profit
- -1.56
- Cumulative 5-Year FCF
- 1
- OCF / Net Profit
- -1.56
- Cumulative 5-Year FCF
- 1
Mar 2023
- 4
- Cash from Investing
- -13
- Cash from Financing
- 8
- 0
- Free Cash Flow
- -3
- OCF / Net Profit
- 0.15
- Cumulative 5-Year FCF
- -11
- OCF / Net Profit
- 0.15
- Cumulative 5-Year FCF
- -11
Mar 2024
- 68
- Cash from Investing
- -45
- Cash from Financing
- -23
- 0
- Free Cash Flow
- 36
- OCF / Net Profit
- 1.23
- Cumulative 5-Year FCF
- 23
- OCF / Net Profit
- 1.23
- Cumulative 5-Year FCF
- 23
Mar 2025
- 50
- Cash from Investing
- -57
- Cash from Financing
- 8
- 2
- Free Cash Flow
- 0
- OCF / Net Profit
- 0.84
- Cumulative 5-Year FCF
- 25
- OCF / Net Profit
- 0.84
- Cumulative 5-Year FCF
- 25
Mar 2026
- 20
- Cash from Investing
- -103
- Cash from Financing
- 86
- 4
- Free Cash Flow
- -64
- OCF / Net Profit
- 0.90
- Cumulative 5-Year FCF
- -79
- OCF / Net Profit
- 0.90
- Cumulative 5-Year FCF
- -79
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 2.18 | 42.68 | 23.65 | 26.53 | 37.82 | 47.30 | 18.52 | 2.28 | 2.45 | 0.85 |
| Book Value (₹) | 50.88 | 91.15 | 106.16 | 127.45 | 163.37 | 206.48 | 68.98 | 6.80 | 9.59 | 13.03 |
| Dividend per Share (₹) | 2.00 | 4.00 | 5.00 | 4.00 | 4.00 | 4.00 | 1.00 | 0.20 | 0.20 | 0.20 |
| Cash EPS (₹) | 0.10 | 0.74 | 0.45 | 0.53 | 0.72 | 0.90 | 1.37 | 2.44 | 2.77 | 1.53 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 12.40% | 43.28% | 25.75% | 28.15% | 26.90% | 25.35% | 28.99% | 33.68% | 34.64% | 20.89% |
| Net Margin % | 2.51% | 28.06% | 16.32% | 18.27% | 17.90% | 16.69% | 17.43% | 22.13% | 21.76% | 8.81% |
| ROE % | 4.52% | 60.10% | 23.97% | 22.71% | 26.01% | 25.58% | 30.71% | 40.00% | 29.95% | 7.75% |
| ROCE % | 8.57% | 72.59% | 32.70% | 29.28% | 33.95% | 30.90% | 37.90% | 48.74% | 37.94% | 11.46% |
| 2.71% | 45.29% | 21.23% | 18.85% | 19.96% | 19.48% | 22.76% | 29.45% | 23.05% | 6.21% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 71 | 55 | 88 | 152 | 91 | 78 | 80 | 76 | 90 | 102 |
| Inventory Days | 104 | 43 | 28 | 23 | 16 | 30 | 64 | 66 | 70 | 108 |
| Payable Days | 10 | 23 | 28 | 24 | 13 | 4 | 11 | 21 | 22 | 11 |
| 165 | 74 | 87 | 151 | 95 | 105 | 134 | 120 | 137 | 199 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.56x | 0.00x | 0.00x | 0.00x | 0.00x | 0.15x | 0.25x | 0.07x | 0.09x | 0.10x |
| Interest Coverage (x) | 1.69x | 28.95x | 22.56x | 16.25x | 13.22x | 16.64x | 9.21x | 18.84x | 28.25x | 6.71x |
| 1.61x | 6.85x | 12.39x | 4.69x | 3.89x | 3.11x | 2.76x | 3.18x | 5.22x | 3.66x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 36.36% | 53.91% | -2.29% | 2.79% | 49.65% | 35.07% | 47.00% | 45.15% | 10.97% | -10.92% |
| Operating Profit Growth % | 0.71% | 511.29% | -43.33% | 9.59% | 39.04% | 26.36% | 71.49% | 71.60% | 13.34% | -42.52% |
| Net Profit Growth % | 48.90% | 1858.07% | -44.58% | 12.18% | 42.54% | 25.07% | 56.62% | 84.62% | 8.05% | -62.45% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -87.69% | 7.41% | -65.41% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 41.27x | 44.02x | 149.33x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 14.57x | 11.82x | 9.71x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.20% | 0.18% | 0.16% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 28.09x | 28.71x | 60.62x |
Mar 2017
- EPS (₹)
- 2.18
- Book Value (₹)
- 50.88
- Dividend per Share (₹)
- 2.00
- Cash EPS (₹)
- 0.10
- Operating Margin %
- 12.40%
- Net Margin %
- 2.51%
- ROE %
- 4.52%
- ROCE %
- 8.57%
- 2.71%
- Debtor Days
- 71
- Inventory Days
- 104
- Payable Days
- 10
- 165
- Debt to Equity (x)
- 0.56x
- Interest Coverage (x)
- 1.69x
- 1.61x
- Revenue Growth %
- 36.36%
- Operating Profit Growth %
- 0.71%
- Net Profit Growth %
- 48.90%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 42.68
- Book Value (₹)
- 91.15
- Dividend per Share (₹)
- 4.00
- Cash EPS (₹)
- 0.74
- Operating Margin %
- 43.28%
- Net Margin %
- 28.06%
- ROE %
- 60.10%
- ROCE %
- 72.59%
- 45.29%
- Debtor Days
- 55
- Inventory Days
- 43
- Payable Days
- 23
- 74
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 28.95x
- 6.85x
- Revenue Growth %
- 53.91%
- Operating Profit Growth %
- 511.29%
- Net Profit Growth %
- 1858.07%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 23.65
- Book Value (₹)
- 106.16
- Dividend per Share (₹)
- 5.00
- Cash EPS (₹)
- 0.45
- Operating Margin %
- 25.75%
- Net Margin %
- 16.32%
- ROE %
- 23.97%
- ROCE %
- 32.70%
- 21.23%
- Debtor Days
- 88
- Inventory Days
- 28
- Payable Days
- 28
- 87
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 22.56x
- 12.39x
- Revenue Growth %
- -2.29%
- Operating Profit Growth %
- -43.33%
- Net Profit Growth %
- -44.58%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 26.53
- Book Value (₹)
- 127.45
- Dividend per Share (₹)
- 4.00
- Cash EPS (₹)
- 0.53
- Operating Margin %
- 28.15%
- Net Margin %
- 18.27%
- ROE %
- 22.71%
- ROCE %
- 29.28%
- 18.85%
- Debtor Days
- 152
- Inventory Days
- 23
- Payable Days
- 24
- 151
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 16.25x
- 4.69x
- Revenue Growth %
- 2.79%
- Operating Profit Growth %
- 9.59%
- Net Profit Growth %
- 12.18%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 37.82
- Book Value (₹)
- 163.37
- Dividend per Share (₹)
- 4.00
- Cash EPS (₹)
- 0.72
- Operating Margin %
- 26.90%
- Net Margin %
- 17.90%
- ROE %
- 26.01%
- ROCE %
- 33.95%
- 19.96%
- Debtor Days
- 91
- Inventory Days
- 16
- Payable Days
- 13
- 95
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 13.22x
- 3.89x
- Revenue Growth %
- 49.65%
- Operating Profit Growth %
- 39.04%
- Net Profit Growth %
- 42.54%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 47.30
- Book Value (₹)
- 206.48
- Dividend per Share (₹)
- 4.00
- Cash EPS (₹)
- 0.90
- Operating Margin %
- 25.35%
- Net Margin %
- 16.69%
- ROE %
- 25.58%
- ROCE %
- 30.90%
- 19.48%
- Debtor Days
- 78
- Inventory Days
- 30
- Payable Days
- 4
- 105
- Debt to Equity (x)
- 0.15x
- Interest Coverage (x)
- 16.64x
- 3.11x
- Revenue Growth %
- 35.07%
- Operating Profit Growth %
- 26.36%
- Net Profit Growth %
- 25.07%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 18.52
- Book Value (₹)
- 68.98
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 1.37
- Operating Margin %
- 28.99%
- Net Margin %
- 17.43%
- ROE %
- 30.71%
- ROCE %
- 37.90%
- 22.76%
- Debtor Days
- 80
- Inventory Days
- 64
- Payable Days
- 11
- 134
- Debt to Equity (x)
- 0.25x
- Interest Coverage (x)
- 9.21x
- 2.76x
- Revenue Growth %
- 47.00%
- Operating Profit Growth %
- 71.49%
- Net Profit Growth %
- 56.62%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 2.28
- Book Value (₹)
- 6.80
- Dividend per Share (₹)
- 0.20
- Cash EPS (₹)
- 2.44
- Operating Margin %
- 33.68%
- Net Margin %
- 22.13%
- ROE %
- 40.00%
- ROCE %
- 48.74%
- 29.45%
- Debtor Days
- 76
- Inventory Days
- 66
- Payable Days
- 21
- 120
- Debt to Equity (x)
- 0.07x
- Interest Coverage (x)
- 18.84x
- 3.18x
- Revenue Growth %
- 45.15%
- Operating Profit Growth %
- 71.60%
- Net Profit Growth %
- 84.62%
- -87.69%
- P/E (x)
- 41.27x
- P/B (x)
- 14.57x
- Dividend Yield %
- 0.20%
- 28.09x
Mar 2025
- EPS (₹)
- 2.45
- Book Value (₹)
- 9.59
- Dividend per Share (₹)
- 0.20
- Cash EPS (₹)
- 2.77
- Operating Margin %
- 34.64%
- Net Margin %
- 21.76%
- ROE %
- 29.95%
- ROCE %
- 37.94%
- 23.05%
- Debtor Days
- 90
- Inventory Days
- 70
- Payable Days
- 22
- 137
- Debt to Equity (x)
- 0.09x
- Interest Coverage (x)
- 28.25x
- 5.22x
- Revenue Growth %
- 10.97%
- Operating Profit Growth %
- 13.34%
- Net Profit Growth %
- 8.05%
- 7.41%
- P/E (x)
- 44.02x
- P/B (x)
- 11.82x
- Dividend Yield %
- 0.18%
- 28.71x
Mar 2026
- EPS (₹)
- 0.85
- Book Value (₹)
- 13.03
- Dividend per Share (₹)
- 0.20
- Cash EPS (₹)
- 1.53
- Operating Margin %
- 20.89%
- Net Margin %
- 8.81%
- ROE %
- 7.75%
- ROCE %
- 11.46%
- 6.21%
- Debtor Days
- 102
- Inventory Days
- 108
- Payable Days
- 11
- 199
- Debt to Equity (x)
- 0.10x
- Interest Coverage (x)
- 6.71x
- 3.66x
- Revenue Growth %
- -10.92%
- Operating Profit Growth %
- -42.52%
- Net Profit Growth %
- -62.45%
- -65.41%
- P/E (x)
- 149.33x
- P/B (x)
- 9.71x
- Dividend Yield %
- 0.16%
- 60.62x
Documents
Announcements
- General Updates
2026-08-17 - Avantel Limited has informed the Exchange about General Updates
- Shareholders meeting
2026-08-17 - Avantel Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Jun 2026
Jun 2025
May 2024