Avantel Ltd
Telecommunications Equipment | Small Cap
Avantel Ltd, operating in the General Industrials sector, exhibits a mixed financial profile. The company demonstrates strong solvency, growth, coverage, and profitability, indicating a robust operational performance and effective management of assets and liabilities. High growth rates in revenue, operating profit, and EPS reflect successful business strategies and market positioning. Solid profitability margins and returns on capital employed, equity, and assets further underscore the company's efficiency in generating profits. However, Avantel's liquidity position appears weak, suggesting potential challenges in meeting short-term obligations. Additionally, efficiency ratios indicate areas for improvement in asset utilization and working capital management. Despite these challenges, the company's strong solvency and growth prospects provide a foundation for future success, contingent on addressing liquidity concerns and optimizing operational efficiency.
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- Valuation MetricsHighly Overvalued
- Market Metrics
- Stock Reports
- Stock News
- Growth Ratio10.00
- Financial Ratio4.00
- Profitability Ratio10.00
- Efficiency Ratio5.00
- Coverage Ratio10.00
- Solvency Ratio10.00
- Liquidity Ratio2.00
- Peer Assessment
- Management AssessmentBalanced
- Risk AssessmentBalanced
- 1 HourBullish
- 2 HoursBullish
- 4 HoursBullish
- 1 DayStrong Bullish
- 1 WeekBullish
- 1 MonthBullish
Avantel Ltd, operating in the General Industrials sector, exhibits a mixed financial profile. The company demonstrates strong solvency, growth, coverage, and profitability, indicating a robust operational performance and effective management of assets and liabilities. High growth rates in revenue, operating profit, and EPS reflect successful business strategies and market positioning. Solid profitability margins and returns on capital employed, equity, and assets further underscore the company's efficiency in generating profits. However, Avantel's liquidity position appears weak, suggesting potential challenges in meeting short-term obligations. Additionally, efficiency ratios indicate areas for improvement in asset utilization and working capital management. Despite these challenges, the company's strong solvency and growth prospects provide a foundation for future success, contingent on addressing liquidity concerns and optimizing operational efficiency.
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Overall Valuation Score
P/E RATIO (TTM)
211.67
Industry Median
31.72
Small Cap Median
31.72
P/E RATIO
321.29
P/B RATIO
14.17
Industry Median
4.43
Small Cap Median
4.43
P/S RATIO
21.46
Industry Median
6.23
Small Cap Median
6.23
Others
PEG RATIO
-713.97
EV/EBITDA RATIO
93.86
The Calculations Shown Above Are Based on the Last Traded Price (LTP) of ₹179.92 as on Jun 19, 2026.
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Quarterly Report⬤26th Apr 26
Audited Standalone Financial Results for Q4 and Year Ended March 31, 2026
BULLISH SENTIMENT
Quarterly Report⬤25th Jan 26
Quarterly Financial Results Q3 FY 2025-26
BEARISH SENTIMENT
Avantel demonstrates strong growth across all key metrics, indicating a successful expansion and market penetration strategy. The company's ability to consistently increase revenue, operating profit, and earnings per share reflects effective management and a favorable market position. This positive growth trend suggests a promising future outlook for the company.
| Growth Ratios | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue Growth Rate | 34.62 | 46.67 | 45.45 | 11.16 | -10.44 |
| Operating Profit Growth Rate | 22.73 | 74.07 | 74.47 | 12.2 | -47.83 |
| Earnings Per Share (EPS) Growth | 17.24 | 50 | 96.08 | 6.5 | -73.71 |
| Asset Growth Rate | 25.29 | 36.7 | 44.97 | 34.26 | 41.38 |
| Net Income Growth Rate | 20 | 50 | 96.3 | 5.66 | -73.21 |
Revenue Growth Rate
Operating Profit Growth Rate
Earnings Per Share (EPS) Growth
Asset Growth Rate
Net Income Growth Rate
The financial ratios reveal a mixed performance. While capital expenditures are well-managed, earnings per share and book value per share are low, indicating potential concerns about profitability and asset valuation. Dividend payments are minimal. These factors suggest areas for improvement in financial management to enhance shareholder value.
| Financial Ratios | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Adjusted Earnings Per Share (Adjusted EPS) | 9 | 3.38 | 2.16 | 2.29 | 0.57 |
| Cash Earnings Per Share (Cash EPS) | 11 | 4.12 | 2.49 | 2.78 | 1.32 |
| Book Value Per Share | 41 | 13.38 | 6.69 | 9.67 | 12.75 |
| Dividend Per Share (DPS) | 0.06 | 0.06 | 0.18 | 0.19 | 0.2 |
| Capital Expenditures (CapEx) | 15 | 10 | 21 | 78 | 91 |
Adjusted Earnings Per Share (Adjusted EPS)
Cash Earnings Per Share (Cash EPS)
Book Value Per Share
Dividend Per Share (DPS)
Capital Expenditures (CapEx)
Avantel exhibits strong profitability, demonstrating its ability to generate substantial profits from its operations. High margins and returns on capital, equity, and assets reflect efficient management and effective business strategies. This robust profitability enhances the company's financial stability and attractiveness to investors.
| Profitability Ratios | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Gross Profit Margin | 21.9 | 26.62 | 33.04 | 32.13 | 12.56 |
| Return on Capital Employed (ROCE) | 29 | 35 | 47 | 37 | 10 |
| Return on Equity (ROE) | 21.95 | 25.23 | 32.32 | 23.63 | 4.44 |
| Return on Assets (ROA) | 24.77 | 31.54 | 37.96 | 31.72 | 11.71 |
| Operating Margin | 25.71 | 30.52 | 36.61 | 36.95 | 21.52 |
| Net Margin | 17.14 | 17.53 | 23.66 | 22.49 | 6.73 |
Gross Profit Margin
Return on Capital Employed (ROCE)
Return on Equity (ROE)
Return on Assets (ROA)
Operating Margin
Net Margin
The efficiency ratios present a mixed picture. The high Days Sales in Inventory and Receivable Days are offset by low Fixed Asset Turnover and Capital Turnover Ratios. This suggests that while some aspects of asset management are strong, there are inefficiencies in utilizing fixed assets and overall capital. This could hinder overall profitability and growth potential.
| Efficiency Ratios | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Fixed Asset Turnover Ratio | 3.89 | 4.97 | 4.67 | 2.17 | 1.23 |
| Inventory Turnover Ratio | 8.2 | 3.68 | 3.32 | 3.19 | 2.55 |
| Receivables Turnover Ratio | 4.29 | 4.05 | 4.31 | 3.69 | 3.12 |
| Days Sales in Inventory Ratio | 44.51 | 99.18 | 109.94 | 114.42 | 143.14 |
| Receivable Days | 85.08 | 90.12 | 84.69 | 98.92 | 116.99 |
| Capital Turnover Ratio | 1.24 | 1.41 | 1.32 | 0.98 | 0.64 |
Fixed Asset Turnover Ratio
Inventory Turnover Ratio
Receivables Turnover Ratio
Days Sales in Inventory Ratio
Receivable Days
Capital Turnover Ratio
The coverage ratios demonstrate the company's strong ability to meet its interest and dividend obligations. These ratios indicate a comfortable margin of safety, providing financial stability and reassurance to investors. The company's capacity to cover these obligations underscores its financial strength and reliability.
| Coverage Ratios | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Interest Coverage Ratio | 12 | 8.4 | 19 | 27.33 | 5.17 |
| Equity Dividend Coverage Ratio | 11.11 | 16.67 | 11.11 | 11.11 | 2.86 |
Interest Coverage Ratio
Equity Dividend Coverage Ratio
Avantel exhibits strong solvency, reflecting a solid ability to meet its long-term obligations. The debt and equity structure is well-balanced, indicating financial stability and reduced risk. A high equity ratio further supports the company's financial strength, providing a buffer against potential losses. The company's long-term financial health appears robust.
| Solvency Ratios | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Debt Ratio | 0.03 | 0.02 | 0.04 | 0.07 | 0.04 |
| Debt to Equity Ratio | 0.03 | 0.02 | 0.04 | 0.08 | 0.04 |
| Equity Ratio | 0.97 | 0.98 | 0.96 | 0.93 | 0.96 |
| Debt To Asset Ratio | 0.03 | 0.02 | 0.03 | 0.06 | 0.03 |
Debt Ratio
Debt to Equity Ratio
Equity Ratio
Debt To Asset Ratio
The company's liquidity position is weak, as indicated by the low scores across all liquidity metrics. While the weighted average calculation considers recent years more heavily, the consistently low ratios suggest a fundamental issue in managing current assets and liabilities. The company may face challenges in meeting its short-term obligations if this trend continues.
| Liquidity Ratios | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Current Ratio | 3.14 | 2.76 | 3.27 | 4.87 | 3.78 |
| Quick Ratio | 2.43 | 1.63 | 2.26 | 3.16 | 2.2 |
| Cash Ratio | 0.04 | 0.03 | 0.29 | 0.23 | 0.19 |
| Operating Cash Flow Ratio | -1.34 | 0.05 | 1.43 | 1.42 | 0.17 |
Current Ratio
Quick Ratio
Cash Ratio
Operating Cash Flow Ratio
Peer Comparison empowers investors to evaluate a company against its industry peers using key financial metrics like P/E ratio, EPS, and profit margins. It helps identify whether a company is overvalued, undervalued, or performing in line with competitors. Investors can use this data to spot opportunities, assess risks, and make informed decisions. This contextual view adds depth beyond standalone company analysis.
| NO | Company Name | Health Score | P/E Ratio | Valuation | OPM | EPS | Latest Profit & Loss |
|---|---|---|---|---|---|---|---|
| 1 | Avantel Ltd | 7.70 | 321.29 | Highly Overvalued | 48.00 | 0.85 | 15.00 |
| 2 | Optiemus Infracom Ltd | 7.09 | 59.25 | Neutral | 98.00 | 2.32 | 66.00 |
| 3 | GTL Infrastructure Ltd | 3.79 | -0.62 | Highly Undervalued | 391.00 | 0.61 | -603.00 |
The management of Avantel demonstrates a mixed performance. While revenue and profit growth are positive, there are concerns about working capital management and promoter holding. The increasing interest from FIIs and DIIs provides a counterbalance. Overall, the management's effectiveness shows potential alongside areas needing attention.
| Category | Metric | Value | Assessment |
|---|---|---|---|
| PROS | Revenue Growth | 11.04% | Strong revenue expansion |
| Profit Growth | 7% | Good profit growth | |
| Operating Profit Margin | 37% | Improving operational efficiency | |
| CONS | Cash Conversion Cycle | 426 Days | Inefficient working capital management |
| Promoter Holding | 38.51% | Slight decrease in promoter confidence |
Financial Performance & Growth
Avantel has demonstrated growth in financial performance with revenue and profit increases. Compounded sales growth has been consistently positive. The OPM% has improved, indicating better operational efficiency.
| Metric | 2023 | 2024 | 2025 |
|---|---|---|---|
| Sales Growth (%) | 47.17% | 45.27% | 11.04% |
| OPM (%) | 30% | 36% | 37% |
Capital Efficiency & Returns
Avantel demonstrates capital efficiency and returns. ROCE has been consistently high. The ROE is also at a decent level, indicating effective utilization of shareholder funds.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| ROCE (%) | 29% | 35% | 47% | 37% |
| ROE (%) | - | - | - | 29.95 |
Financial Health & Prudence
The company's debt management requires attention. While the interest coverage ratio is adequate, the debt levels have fluctuated. The dividend payout is consistent.
| Metric | 2023 | 2024 | 2025 |
|---|---|---|---|
| Borrowings | 30 | 18 | 26 |
| Dividend Payout % | 6% | 9% | 9% |
Strategic & Operational Indicators
Avantel faces challenges in working capital management. The cash conversion cycle has been increasing, indicating inefficiencies in managing debtors, inventory, and payables.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Cash Conversion Cycle | 251 | 334 | 295 | 426 |
| Debtor Days | 126 | 94 | 104 | 104 |
| Inventory Days | 131 | 258 | 218 | 345 |
The risk assessment for Avantel shows a mixed picture. The increasing cash conversion cycle raises concerns about operational efficiency, and the fluctuating quarterly sales and profit growth suggest variability. Overall, Avantel's risk profile indicates moderate risk due to operational inefficiencies and potential segment performance variability.
Segment performance volatility
Quarterly sales and profit growth fluctuate, suggesting segment performance variability.
| Metric | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 |
|---|---|---|---|---|---|
| YOY Sales Growth (%) | -20.50% | -24.93% | 42.50% | 19.13% | 17.96% |
| YOY Profit Growth (%) | 26.17% | -7.87% | 42.50% | 23.04% | -49.96% |
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Overall Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Market Sentiment
Analysis Driven By 26 Technical Indicators From The 1 Hour Timeframe
Trend Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Momentum Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Volatility Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Volume Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
- IndicatorValueSignal
- SMA 10180.51Bullish
- SMA 20178.45Bullish
- SMA 50170.67Bullish
- EMA 10180.12Bullish
- EMA 20178.19Bullish
- EMA 50173.83Bullish
- DEMA 10181.38Bearish
- DEMA 20182.15Bearish
- DEMA 50178.08Bullish
- TEMA 10180.53Bullish
- TEMA 20182.44Bearish
- TEMA 50181.24Bearish
- MACD2.80Bearish
- ADX43.51Strong Trend
- IndicatorValueSignal
- RSI63.18Neutral
- CCI34.61Neutral
- ROC 90.88Bullish
- ROC 143.02Bullish
- ROC 255.91Bullish
- Stoch K57.14Neutral
- Stoch D59.05Neutral
- IndicatorValueSignal
- BB Upper186.22Neutral
- BB Middle178.45Neutral
- BB Lower170.67Neutral
- ATR2.37Low Volatility
- IndicatorValueSignal
- MFI77.70Neutral
Overall Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Market Sentiment
Analysis Driven By 26 Technical Indicators From The 2 Hours Timeframe
Trend Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Momentum Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Volatility Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Volume Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Strong Bearish
- IndicatorValueSignal
- SMA 10179.39Bullish
- SMA 20174.54Bullish
- SMA 50169.98Bullish
- EMA 10178.57Bullish
- EMA 20175.40Bullish
- EMA 50171.52Bullish
- DEMA 10181.80Bearish
- DEMA 20180.12Bullish
- DEMA 50175.39Bullish
- TEMA 10181.64Bearish
- TEMA 20182.74Bearish
- TEMA 50176.43Bullish
- MACD3.71Bullish
- ADX37.71Strong Trend
- IndicatorValueSignal
- RSI66.01Neutral
- CCI78.41Neutral
- ROC 93.38Bullish
- ROC 146.20Bullish
- ROC 2514.81Bullish
- Stoch K72.54Neutral
- Stoch D75.08Neutral
- IndicatorValueSignal
- BB Upper185.05Neutral
- BB Middle174.54Neutral
- BB Lower164.03Neutral
- ATR3.26Low Volatility
- IndicatorValueSignal
- MFI83.35Overbought
Overall Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Market Sentiment
Analysis Driven By 26 Technical Indicators From The 4 Hours Timeframe
Trend Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Strong Bullish
Momentum Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
Volatility Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Volume Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
- IndicatorValueSignal
- SMA 10174.70Bullish
- SMA 20168.87Bullish
- SMA 50167.84Bullish
- EMA 10175.41Bullish
- EMA 20172.38Bullish
- EMA 50167.64Bullish
- DEMA 10179.86Bullish
- DEMA 20176.04Bullish
- DEMA 50175.32Bullish
- TEMA 10182.13Bearish
- TEMA 20177.96Bullish
- TEMA 50N/AN/A
- MACD3.18Bullish
- ADX24.74Weak Trend
- IndicatorValueSignal
- RSI64.24Neutral
- CCI132.34Overbought
- ROC 96.45Bullish
- ROC 1411.34Bullish
- ROC 253.45Bullish
- Stoch K83.30Overbought
- Stoch D84.96Overbought
- IndicatorValueSignal
- BB Upper183.39Neutral
- BB Middle168.87Neutral
- BB Lower154.36Neutral
- ATR5.01Low Volatility
- IndicatorValueSignal
- MFI78.47Neutral
Overall Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Strong Bullish
Market Sentiment
Analysis Driven By 33 Technical Indicators From The 1 Day Timeframe
Trend Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Strong Bullish
Momentum Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
Volatility Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Volume Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
- IndicatorValueSignal
- SMA 10168.56Bullish
- SMA 20171.29Bullish
- SMA 50161.27Bullish
- SMA 100151.30Bullish
- SMA 200158.77Bullish
- EMA 10172.15Bullish
- EMA 20169.10Bullish
- EMA 50161.88Bullish
- EMA 100157.01Bullish
- EMA 200154.84Bullish
- DEMA 10175.61Bullish
- DEMA 20174.48Bullish
- DEMA 50170.53Bullish
- DEMA 100161.86Bullish
- DEMA 200158.33Bullish
- TEMA 10177.40Bullish
- TEMA 20174.59Bullish
- TEMA 50175.94Bullish
- TEMA 100166.80Bullish
- TEMA 200N/AN/A
- MACD4.03Bullish
- ADX22.45Weak Trend
- IndicatorValueSignal
- RSI62.21Neutral
- CCI105.75Overbought
- ROC 143.75Bullish
- ROC 2515.43Bullish
- Stoch K77.80Neutral
- Stoch D63.50Neutral
- IndicatorValueSignal
- BB Upper184.83Neutral
- BB Middle171.29Neutral
- BB Lower157.74Neutral
- ATR7.96Low Volatility
- IndicatorValueSignal
- MFI72.68Neutral
Overall Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Market Sentiment
Analysis Driven By 21 Technical Indicators From The 1 Week Timeframe
Trend Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Momentum Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Volatility Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Volume Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
- IndicatorValueSignal
- SMA 20150.41Bullish
- SMA 50156.12Bullish
- EMA 20155.94Bullish
- EMA 50153.39Bullish
- DEMA 20160.07Bullish
- DEMA 50N/AN/A
- TEMA 20164.65Bullish
- TEMA 50N/AN/A
- MACD4.06Bullish
- ADX13.14Weak Trend
- IndicatorValueSignal
- RSI53.78Neutral
- CCI38.89Neutral
- ROC 1414.76Bullish
- ROC 258.43Bullish
- Stoch K76.12Neutral
- Stoch D76.81Neutral
- IndicatorValueSignal
- BB Upper177.55Neutral
- BB Middle150.41Neutral
- BB Lower123.27Neutral
- ATR17.04Low Volatility
- IndicatorValueSignal
- MFI54.06Neutral
Overall Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Market Sentiment
Analysis Driven By 25 Technical Indicators From The 1 Month Timeframe
Trend Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Momentum Score
No results for this timeframe
Volatility Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bearish
Volume Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
- IndicatorValueSignal
- SMA 6151.53Bullish
- SMA 12153.85Bullish
- SMA 24N/AN/A
- EMA 6155.01Bullish
- EMA 12152.74Bullish
- EMA 24N/AN/A
- DEMA 6159.30Bullish
- DEMA 12156.02Bullish
- DEMA 24N/AN/A
- TEMA 6162.45Bullish
- TEMA 12N/AN/A
- TEMA 24N/AN/A
- MACDN/AN/A
- ADXN/AN/A
- IndicatorValueSignal
- RSIN/AN/A
- CCIN/AN/A
- ROC 25N/AN/A
- ROC 50N/AN/A
- Stoch KN/AN/A
- Stoch DN/AN/A
- IndicatorValueSignal
- BB Upper186.83Neutral
- BB Middle144.79Neutral
- BB Lower102.75Neutral
- ATR35.97High Volatility
- IndicatorValueSignal
- MFI76.71Neutral