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Avantel Bags Rs 122.58 Crore Order from NewSpace India Limited
Avantel Limited has secured a significant purchase order worth Rs 122.58 Crores (excluding taxes) from NewSpace India Limited (NSIL). The contract involves the supply, installation, and commissioning of S/X-band with Ka-band ready full motion antennas. The project is scheduled for completion by August 2027, providing strong revenue visibility for the company over the next 18 months. This order reinforces Avantel's specialized position in the satellite communication and defense electronics sector.
Key Highlights
Total order value of Rs 122.58 Crores from NewSpace India Limited (NSIL).
Scope includes supply, installation, and commissioning of S/X-band and Ka-band ready antennas.
Execution timeline is set for completion by August 2027.
Contract terms include a 2.50% Security Deposit and a 0.50% Performance Bank Guarantee.
💼 Action for Investors
This substantial order win strengthens the order book and validates Avantel's technical expertise in high-tech space communications. Investors should monitor the company's execution efficiency and margin performance as this project progresses.
Avantel Q3 Net Profit Plummets 77% YoY to ₹4.66 Crore; Revenue Down 27%
Avantel Limited reported a weak set of numbers for the third quarter ended December 31, 2025. Standalone revenue from operations declined by 27% YoY to ₹51.25 crore, while net profit witnessed a sharp 77.7% drop to ₹4.66 crore compared to ₹20.90 crore in the previous year. The nine-month performance also shows a significant downward trend, with net profit falling from ₹52.56 crore to ₹15.45 crore. Additionally, the company's subsidiary, IMeds Global, reported a net loss of ₹1.91 crore for the quarter, further weighing on consolidated performance.
Key Highlights
Standalone Revenue from operations fell to ₹51.25 crore in Q3 FY26 from ₹70.44 crore in Q3 FY25.
Standalone Net Profit declined sharply by 77.7% YoY to ₹4.66 crore.
Basic Earnings Per Share (EPS) dropped significantly to ₹0.17 from ₹0.90 YoY.
Employee benefit expenses for the quarter included ₹1.77 crore related to the Avantel ESOP Plan 2023.
Subsidiary IMeds Global Private Limited reported a net loss of ₹1.91 crore on a small revenue base of ₹47.07 lakhs.
💼 Action for Investors
Investors should exercise caution as the sharp decline in profitability and revenue suggests potential execution challenges or a slowdown in order inflows. It is advisable to wait for management's commentary on the order book and future growth guidance before making new commitments.
Avantel Q3 Net Profit Plummets 77.7% YoY to ₹4.66 Crore
Avantel reported a weak set of numbers for Q3 FY26, with standalone revenue from operations falling 27.2% YoY to ₹51.25 crore. Net profit saw a sharp decline of 77.7% YoY, dropping from ₹20.90 crore to ₹4.66 crore. On a sequential basis, both revenue and profit also trended downwards compared to the September 2025 quarter. The company's subsidiary, IMeds Global, contributed a net loss of ₹1.91 crore, further weighing on the consolidated performance.
Key Highlights
Standalone Revenue from operations decreased by 27.2% YoY to ₹51.25 crore from ₹70.44 crore.
Standalone Net Profit fell sharply by 77.7% YoY to ₹4.66 crore from ₹20.90 crore in the previous year.
9M FY26 Standalone Net Profit stands at ₹15.45 crore, a significant drop from ₹52.56 crore in 9M FY25.
Employee benefit expenses for the quarter included ESOP-related costs of ₹1.77 crore.
The subsidiary IMeds Global Private Limited reported a net loss of ₹1.91 crore for the quarter ended December 31, 2025.
💼 Action for Investors
The sharp decline in both top-line and bottom-line performance suggests significant operational headwinds or delays in order execution. Investors should exercise caution and wait for management commentary regarding the margin contraction and the outlook for the defense and aerospace segments.
Avantel Secures Rs 11.19 Cr Order from NewSpace India Limited for Xponder Devices
Avantel Limited has been awarded a domestic purchase order valued at Rs 11.19 Crores (excluding taxes) by NewSpace India Limited. The contract entails the manufacturing, supply, installation, and commissioning of devices for Xponders. The project is slated for completion by July 2026, contributing to the company's medium-term revenue pipeline. This order highlights Avantel's continued traction in the specialized satellite communication and space technology domain.
Key Highlights
Order worth Rs 11.19 Crores received from domestic entity NewSpace India Limited
Scope involves manufacturing and commissioning of devices for Xponders
Project execution timeline is approximately 18 months, ending July 2026
Strengthens presence in the niche space-tech and satellite communication market
💼 Action for Investors
Maintain a positive outlook as the company continues to win specialized orders in the space sector. Monitor execution timelines and future order inflows from government-linked space entities.
Avantel Receives Purchase Order worth ₹13.82 Crores
Avantel Limited has announced the receipt of a purchase order from Centre For Railway Information Systems (CRIS) valued at ₹13.82 Crores (Incl. Taxes). The order is for the supply of Satcom Hub Equipment’s. The order is domestic in nature and requires a Performance Bank Guarantee of 4%. The execution of the order is expected to be completed by 12-06-2026.
Key Highlights
Received Purchase Order worth ₹13.82 Crores (Incl. Taxes)
Order from Centre For Railway Information Systems (CRIS)
Performance Bank Guarantee: 4%
Order to be executed by 12-06-2026
💼 Action for Investors
Investors should note this order as a positive sign for Avantel's revenue stream. Monitor the company's progress in executing the order by June 2026.