Skip to content
Industry
This is research, not advice. We’re not SEBI-registered.

Avantel share price today

Avantel Ltd · NSE: AVANTEL · Aerospace & Defence - Equipments · price as of the 4 November 2026 close, updated every trading day · results updated weekly

Avantel share price today: ₹138.82 at the NSE close on 4 November 2026, down 14.6% in a year. Avantel (NSE: AVANTEL) is worth ₹3,684 crore, trades at a P/E of 187.2 and has closed between ₹124.20 and ₹180.20 over the past 52 weeks. Latest change: profit up, share price behind the market.

Turning aroundBusiness trend from the last 12 quarters
₹138.82Price −14.6% in a year
187.2×P/E higher than 84% of the last 11 years
₹74.4 CrRevenue (Sep 2026) +34.3% on a year ago
₹6.8 CrProfit (Sep 2026) +59.5% on a year ago
28.0%Operating margin +7.6 points on a year ago
10%ROCE FY26
5.8%ROIC against a 12.0% cost of capital: −6.2 points

Avantel Ltd's share price has risen faster than its earnings: −14.6% in a year, against −73.7% for earnings per share.

The main question: the share price moved −14.6% in a year while yearly earnings per share moved −73.7%. The difference came from the market paying a higher multiple.

The price has been falling for 5 weeks, and the P/E is higher than 84% of its own last 11 years. Over the last four quarters, results have been improving, with profit +59.5% on a year earlier, and 101% of the last 3 years' profit came in as cash. What will decide it: whether earnings grow into a price that has already moved.

What is the Avantel share price today?

Avantel Ltd's share price was ₹138.82 at the close on 4 November 2026. It has been falling for 5 weeks. That is 10.6% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹124 and ₹180, and at that close it sat 26% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Avantel Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 16 weeks running.

1Y

Nov 2026: ₹139, 10.6% below its 200-day average. The price has been falling for 5 weeks.

  • Price ₹139
  • 50-day avg ₹150
  • 200-day avg ₹155
Nov 2026: ₹139, 10.6% below its 200-day average. The price has been falling for 5 weeks.
WeekPrice50-day avg200-day avg
31 Oct 2025₹172₹176₹153
7 Nov 2025₹163₹174₹154
14 Nov 2025₹164₹172₹154
21 Nov 2025₹155₹170₹154
28 Nov 2025₹155₹167₹154
5 Dec 2025₹148₹164₹154
12 Dec 2025₹152₹161₹154
19 Dec 2025₹154₹159₹154
26 Dec 2025₹160₹159₹154
2 Jan 2026₹158₹159₹154
9 Jan 2026₹157₹159₹154
16 Jan 2026₹150₹158₹154
23 Jan 2026₹136₹155₹153
1 Feb 2026₹146₹153₹153
6 Feb 2026₹149₹153₹153
13 Feb 2026₹152₹153₹153
20 Feb 2026₹146₹152₹153
27 Feb 2026₹143₹150₹152
6 Mar 2026₹145₹149₹152
13 Mar 2026₹135₹148₹151
20 Mar 2026₹127₹144₹150
27 Mar 2026₹124₹141₹149
2 Apr 2026₹134₹140₹149
10 Apr 2026₹153₹141₹148
17 Apr 2026₹160₹143₹149
24 Apr 2026₹155₹146₹149
30 Apr 2026₹149₹146₹149
8 May 2026₹165₹148₹150
15 May 2026₹150₹150₹150
22 May 2026₹162₹151₹150
29 May 2026₹177₹155₹151
4 Jun 2026₹176₹158₹152
5 Jun 2026₹170₹158₹152
10 Jun 2026₹162₹159₹153
12 Jun 2026₹167₹159₹153
17 Jun 2026₹175₹160₹153
19 Jun 2026₹180₹162₹154
24 Jun 2026₹170₹163₹154
25 Jun 2026₹172₹163₹155
1 Jul 2026₹179₹165₹155
3 Jul 2026₹178₹166₹156
10 Jul 2026₹180₹169₹157
17 Jul 2026₹170₹170₹158
24 Jul 2026₹163₹170₹158
31 Jul 2026₹162₹168₹159
7 Aug 2026₹164₹167₹159
14 Aug 2026₹159₹166₹159
21 Aug 2026₹160₹165₹159
28 Aug 2026₹157₹164₹159
4 Sep 2026₹155₹163₹159
11 Sep 2026₹156₹162₹159
18 Sep 2026₹147₹159₹158
25 Sep 2026₹156₹158₹158
1 Oct 2026₹150₹157₹158
9 Oct 2026₹144₹155₹157
16 Oct 2026₹151₹154₹157
23 Oct 2026₹137₹153₹156
30 Oct 2026₹135₹150₹155
4 Nov 2026₹139₹150₹155
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 1-year window.

3Y

Nov 2026: ₹139, 10.6% below its 200-day average. The price has been falling for 5 weeks.

  • Price ₹139
  • 50-day avg ₹150
  • 200-day avg ₹155
Nov 2026: ₹139, 10.6% below its 200-day average. The price has been falling for 5 weeks.
WeekPrice50-day avg200-day avg
3 Nov 2023₹100₹85₹56
12 Nov 2023₹102₹88₹59
17 Nov 2023₹108₹91₹61
24 Nov 2023₹122₹95₹63
1 Dec 2023₹117₹99₹65
8 Dec 2023₹116₹103₹68
15 Dec 2023₹114₹104₹70
22 Dec 2023₹109₹105₹72
29 Dec 2023₹107₹106₹74
5 Jan 2024₹111₹107₹75
12 Jan 2024₹113₹107₹77
20 Jan 2024₹116₹109₹79
25 Jan 2024₹118₹110₹81
2 Feb 2024₹110₹111₹82
9 Feb 2024₹108₹110₹83
16 Feb 2024₹106₹110₹85
23 Feb 2024₹108₹109₹86
2 Mar 2024₹107₹109₹87
7 Mar 2024₹106₹109₹88
15 Mar 2024₹102₹107₹88
22 Mar 2024₹97₹105₹89
28 Mar 2024₹94₹104₹89
5 Apr 2024₹105₹104₹90
12 Apr 2024₹104₹104₹90
19 Apr 2024₹106₹103₹91
26 Apr 2024₹112₹105₹92
3 May 2024₹108₹106₹92
10 May 2024₹102₹105₹93
18 May 2024₹113₹106₹94
24 May 2024₹109₹106₹94
31 May 2024₹116₹107₹95
7 Jun 2024₹117₹109₹96
14 Jun 2024₹156₹113₹98
21 Jun 2024₹170₹121₹101
28 Jun 2024₹164₹129₹104
5 Jul 2024₹179₹138₹107
12 Jul 2024₹199₹149₹112
19 Jul 2024₹174₹155₹115
26 Jul 2024₹190₹161₹118
2 Aug 2024₹188₹167₹122
9 Aug 2024₹178₹169₹125
16 Aug 2024₹170₹170₹127
23 Aug 2024₹178₹171₹129
30 Aug 2024₹169₹171₹131
6 Sep 2024₹164₹170₹133
13 Sep 2024₹160₹168₹134
20 Sep 2024₹164₹167₹136
27 Sep 2024₹163₹167₹137
4 Oct 2024₹170₹168₹138
11 Oct 2024₹169₹168₹140
18 Oct 2024₹167₹168₹141
25 Oct 2024₹159₹167₹142
1 Nov 2024₹166₹166₹143
8 Nov 2024₹161₹165₹144
14 Nov 2024₹138₹162₹144
22 Nov 2024₹139₹159₹144
29 Nov 2024₹149₹157₹144
6 Dec 2024₹163₹157₹145
13 Dec 2024₹157₹157₹146
20 Dec 2024₹153₹157₹146
27 Dec 2024₹149₹156₹146
3 Jan 2025₹149₹155₹146
10 Jan 2025₹134₹152₹146
17 Jan 2025₹133₹148₹145
24 Jan 2025₹129₹145₹145
1 Feb 2025₹126₹141₹143
7 Feb 2025₹124₹138₹143
14 Feb 2025₹108₹133₹141
21 Feb 2025₹115₹129₹139
28 Feb 2025₹105₹126₹138
7 Mar 2025₹113₹123₹137
13 Mar 2025₹104₹121₹136
21 Mar 2025₹115₹119₹134
28 Mar 2025₹108₹117₹133
4 Apr 2025₹107₹116₹132
11 Apr 2025₹110₹114₹131
17 Apr 2025₹121₹115₹131
25 Apr 2025₹123₹117₹131
2 May 2025₹109₹116₹130
9 May 2025₹106₹115₹129
16 May 2025₹122₹115₹128
23 May 2025₹128₹118₹128
30 May 2025₹141₹122₹129
6 Jun 2025₹171₹130₹131
13 Jun 2025₹159₹136₹132
20 Jun 2025₹155₹139₹133
27 Jun 2025₹156₹143₹135
4 Jul 2025₹159₹146₹136
11 Jul 2025₹155₹148₹137
18 Jul 2025₹151₹149₹138
25 Jul 2025₹136₹148₹138
1 Aug 2025₹128₹145₹138
8 Aug 2025₹125₹142₹137
14 Aug 2025₹132₹140₹137
22 Aug 2025₹149₹140₹137
29 Aug 2025₹150₹141₹138
5 Sep 2025₹177₹145₹139
12 Sep 2025₹174₹150₹140
19 Sep 2025₹184₹155₹142
26 Sep 2025₹179₹160₹144
3 Oct 2025₹202₹164₹146
10 Oct 2025₹204₹172₹149
17 Oct 2025₹191₹175₹151
24 Oct 2025₹179₹176₹152
31 Oct 2025₹172₹176₹153
7 Nov 2025₹163₹174₹154
14 Nov 2025₹164₹172₹154
21 Nov 2025₹155₹170₹154
28 Nov 2025₹155₹167₹154
5 Dec 2025₹148₹164₹154
12 Dec 2025₹152₹161₹154
19 Dec 2025₹154₹159₹154
26 Dec 2025₹160₹159₹154
2 Jan 2026₹158₹159₹154
9 Jan 2026₹157₹159₹154
16 Jan 2026₹150₹158₹154
23 Jan 2026₹136₹155₹153
1 Feb 2026₹146₹153₹153
6 Feb 2026₹149₹153₹153
13 Feb 2026₹152₹153₹153
20 Feb 2026₹146₹152₹153
27 Feb 2026₹143₹150₹152
6 Mar 2026₹145₹149₹152
13 Mar 2026₹135₹148₹151
20 Mar 2026₹127₹144₹150
27 Mar 2026₹124₹141₹149
2 Apr 2026₹134₹140₹149
10 Apr 2026₹153₹141₹148
17 Apr 2026₹160₹143₹149
24 Apr 2026₹155₹146₹149
30 Apr 2026₹149₹146₹149
8 May 2026₹165₹148₹150
15 May 2026₹150₹150₹150
22 May 2026₹162₹151₹150
29 May 2026₹177₹155₹151
4 Jun 2026₹176₹158₹152
5 Jun 2026₹170₹158₹152
10 Jun 2026₹162₹159₹153
12 Jun 2026₹167₹159₹153
17 Jun 2026₹175₹160₹153
19 Jun 2026₹180₹162₹154
24 Jun 2026₹170₹163₹154
25 Jun 2026₹172₹163₹155
1 Jul 2026₹179₹165₹155
3 Jul 2026₹178₹166₹156
10 Jul 2026₹180₹169₹157
17 Jul 2026₹170₹170₹158
24 Jul 2026₹163₹170₹158
31 Jul 2026₹162₹168₹159
7 Aug 2026₹164₹167₹159
14 Aug 2026₹159₹166₹159
21 Aug 2026₹160₹165₹159
28 Aug 2026₹157₹164₹159
4 Sep 2026₹155₹163₹159
11 Sep 2026₹156₹162₹159
18 Sep 2026₹147₹159₹158
25 Sep 2026₹156₹158₹158
1 Oct 2026₹150₹157₹158
9 Oct 2026₹144₹155₹157
16 Oct 2026₹151₹154₹157
23 Oct 2026₹137₹153₹156
30 Oct 2026₹135₹150₹155
4 Nov 2026₹139₹150₹155
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 3-year window.

5Y

Nov 2026: ₹139, 10.6% below its 200-day average. The price has been falling for 5 weeks.

  • Price ₹139
  • 50-day avg ₹150
  • 200-day avg ₹155
Nov 2026: ₹139, 10.6% below its 200-day average. The price has been falling for 5 weeks.
WeekPrice50-day avg200-day avg
29 Oct 2021₹13₹13₹10
12 Nov 2021₹13₹13₹10
26 Nov 2021₹12₹12₹10
10 Dec 2021₹12₹12₹10
24 Dec 2021₹11₹12₹10
7 Jan 2022₹11₹12₹10
21 Jan 2022₹12₹12₹11
4 Feb 2022₹13₹12₹11
18 Feb 2022₹11₹12₹11
4 Mar 2022₹11₹12₹11
17 Mar 2022₹15₹12₹11
1 Apr 2022₹18₹14₹12
13 Apr 2022₹19₹15₹12
29 Apr 2022₹22₹17₹13
13 May 2022₹17₹18₹14
27 May 2022₹17₹18₹14
10 Jun 2022₹20₹18₹15
24 Jun 2022₹18₹18₹15
8 Jul 2022₹17₹18₹15
22 Jul 2022₹19₹18₹15
5 Aug 2022₹17₹18₹16
19 Aug 2022₹17₹18₹16
2 Sep 2022₹16₹17₹16
16 Sep 2022₹18₹18₹16
30 Sep 2022₹19₹18₹16
14 Oct 2022₹20₹18₹17
28 Oct 2022₹24₹19₹17
11 Nov 2022₹27₹22₹18
25 Nov 2022₹27₹24₹19
9 Dec 2022₹27₹25₹20
23 Dec 2022₹21₹25₹20
6 Jan 2023₹26₹25₹20
20 Jan 2023₹25₹25₹21
3 Feb 2023₹25₹25₹21
17 Feb 2023₹25₹25₹22
3 Mar 2023₹25₹25₹22
17 Mar 2023₹25₹25₹22
31 Mar 2023₹26₹25₹23
13 Apr 2023₹32₹26₹23
28 Apr 2023₹30₹27₹24
12 May 2023₹32₹28₹24
26 May 2023₹31₹29₹25
9 Jun 2023₹38₹31₹26
23 Jun 2023₹44₹35₹27
7 Jul 2023₹49₹39₹29
21 Jul 2023₹52₹44₹32
4 Aug 2023₹55₹47₹34
18 Aug 2023₹68₹51₹36
1 Sep 2023₹81₹60₹40
15 Sep 2023₹70₹65₹43
29 Sep 2023₹80₹67₹46
13 Oct 2023₹104₹75₹50
27 Oct 2023₹99₹82₹54
12 Nov 2023₹102₹88₹59
24 Nov 2023₹122₹95₹63
8 Dec 2023₹116₹103₹68
22 Dec 2023₹109₹105₹72
5 Jan 2024₹111₹107₹75
20 Jan 2024₹116₹109₹79
2 Feb 2024₹110₹111₹82
16 Feb 2024₹106₹110₹85
2 Mar 2024₹107₹109₹87
15 Mar 2024₹102₹107₹88
28 Mar 2024₹94₹104₹89
12 Apr 2024₹104₹104₹90
26 Apr 2024₹112₹105₹92
10 May 2024₹102₹105₹93
24 May 2024₹109₹106₹94
7 Jun 2024₹117₹109₹96
21 Jun 2024₹170₹121₹101
5 Jul 2024₹179₹138₹107
19 Jul 2024₹174₹155₹115
2 Aug 2024₹188₹167₹122
16 Aug 2024₹170₹170₹127
30 Aug 2024₹169₹171₹131
13 Sep 2024₹160₹168₹134
27 Sep 2024₹163₹167₹137
11 Oct 2024₹169₹168₹140
25 Oct 2024₹159₹167₹142
8 Nov 2024₹161₹165₹144
22 Nov 2024₹139₹159₹144
6 Dec 2024₹163₹157₹145
20 Dec 2024₹153₹157₹146
3 Jan 2025₹149₹155₹146
17 Jan 2025₹133₹148₹145
1 Feb 2025₹126₹141₹143
14 Feb 2025₹108₹133₹141
28 Feb 2025₹105₹126₹138
13 Mar 2025₹104₹121₹136
28 Mar 2025₹108₹117₹133
11 Apr 2025₹110₹114₹131
25 Apr 2025₹123₹117₹131
9 May 2025₹106₹115₹129
23 May 2025₹128₹118₹128
6 Jun 2025₹171₹130₹131
20 Jun 2025₹155₹139₹133
4 Jul 2025₹159₹146₹136
18 Jul 2025₹151₹149₹138
1 Aug 2025₹128₹145₹138
14 Aug 2025₹132₹140₹137
29 Aug 2025₹150₹141₹138
12 Sep 2025₹174₹150₹140
26 Sep 2025₹179₹160₹144
10 Oct 2025₹204₹172₹149
24 Oct 2025₹179₹176₹152
7 Nov 2025₹163₹174₹154
21 Nov 2025₹155₹170₹154
5 Dec 2025₹148₹164₹154
19 Dec 2025₹154₹159₹154
2 Jan 2026₹158₹159₹154
16 Jan 2026₹150₹158₹154
1 Feb 2026₹146₹153₹153
13 Feb 2026₹152₹153₹153
27 Feb 2026₹143₹150₹152
13 Mar 2026₹135₹148₹151
27 Mar 2026₹124₹141₹149
10 Apr 2026₹153₹141₹148
24 Apr 2026₹155₹146₹149
8 May 2026₹165₹148₹150
22 May 2026₹162₹151₹150
4 Jun 2026₹176₹158₹152
10 Jun 2026₹162₹159₹153
17 Jun 2026₹175₹160₹153
24 Jun 2026₹170₹163₹154
1 Jul 2026₹179₹165₹155
10 Jul 2026₹180₹169₹157
24 Jul 2026₹163₹170₹158
7 Aug 2026₹164₹167₹159
21 Aug 2026₹160₹165₹159
4 Sep 2026₹155₹163₹159
18 Sep 2026₹147₹159₹158
1 Oct 2026₹150₹157₹158
16 Oct 2026₹151₹154₹157
30 Oct 2026₹135₹150₹155
4 Nov 2026₹139₹150₹155
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 5-year window.

10Y

Nov 2026: ₹139, 10.6% below its 200-day average. The price has been falling for 5 weeks.

  • Price ₹139
  • 50-day avg ₹150
  • 200-day avg ₹155
Nov 2026: ₹139, 10.6% below its 200-day average. The price has been falling for 5 weeks.
WeekPrice50-day avg200-day avg
30 Oct 2016₹2₹2₹2
18 Nov 2016₹2₹2₹2
9 Dec 2016₹2₹2₹2
30 Dec 2016₹2₹2₹2
20 Jan 2017₹2₹2₹2
10 Feb 2017₹2₹2₹2
3 Mar 2017₹2₹2₹2
24 Mar 2017₹3₹2₹2
13 Apr 2017₹3₹3₹2
5 May 2017₹3₹3₹2
26 May 2017₹4₹3₹3
16 Jun 2017₹4₹4₹3
7 Jul 2017₹5₹4₹3
28 Jul 2017₹4₹4₹3
18 Aug 2017₹3₹4₹3
8 Sep 2017₹4₹4₹3
29 Sep 2017₹4₹4₹3
19 Oct 2017₹5₹4₹4
10 Nov 2017₹5₹4₹4
1 Dec 2017₹6₹5₹4
22 Dec 2017₹6₹5₹4
12 Jan 2018₹8₹6₹5
2 Feb 2018₹8₹7₹5
23 Feb 2018₹8₹8₹6
16 Mar 2018₹8₹8₹6
6 Apr 2018₹8₹8₹6
27 Apr 2018₹8₹8₹7
18 May 2018₹8₹9₹7
8 Jun 2018₹6₹8₹7
29 Jun 2018₹5₹7₹7
20 Jul 2018₹4₹6₹7
10 Aug 2018₹5₹6₹6
31 Aug 2018₹4₹5₹6
21 Sep 2018₹5₹5₹6
12 Oct 2018₹4₹4₹6
2 Nov 2018₹4₹4₹5
22 Nov 2018₹3₹4₹5
14 Dec 2018₹3₹4₹5
4 Jan 2019₹4₹4₹5
25 Jan 2019₹4₹4₹5
15 Feb 2019₹4₹4₹4
8 Mar 2019₹4₹4₹4
29 Mar 2019₹4₹4₹4
18 Apr 2019₹3₹4₹4
10 May 2019₹4₹4₹4
31 May 2019₹4₹4₹4
21 Jun 2019₹4₹4₹4
12 Jul 2019₹4₹4₹4
2 Aug 2019₹3₹4₹4
23 Aug 2019₹3₹4₹4
13 Sep 2019₹3₹3₹4
4 Oct 2019₹3₹3₹4
27 Oct 2019₹3₹3₹4
15 Nov 2019₹4₹3₹4
6 Dec 2019₹4₹4₹4
27 Dec 2019₹5₹4₹4
17 Jan 2020₹5₹4₹4
7 Feb 2020₹5₹5₹4
28 Feb 2020₹4₹4₹4
20 Mar 2020₹3₹4₹4
9 Apr 2020₹3₹4₹4
30 Apr 2020₹3₹3₹4
22 May 2020₹3₹3₹4
12 Jun 2020₹4₹3₹4
3 Jul 2020₹5₹4₹4
24 Jul 2020₹6₹5₹4
14 Aug 2020₹6₹5₹4
4 Sep 2020₹7₹6₹5
25 Sep 2020₹7₹6₹5
16 Oct 2020₹6₹6₹5
6 Nov 2020₹6₹6₹5
27 Nov 2020₹6₹6₹5
18 Dec 2020₹6₹6₹5
8 Jan 2021₹6₹6₹5
29 Jan 2021₹7₹6₹6
19 Feb 2021₹7₹6₹6
12 Mar 2021₹6₹6₹6
1 Apr 2021₹6₹6₹6
23 Apr 2021₹7₹6₹6
14 May 2021₹7₹7₹6
4 Jun 2021₹9₹7₹6
25 Jun 2021₹9₹8₹7
16 Jul 2021₹11₹9₹7
6 Aug 2021₹12₹10₹8
27 Aug 2021₹11₹11₹8
17 Sep 2021₹11₹11₹9
8 Oct 2021₹13₹12₹9
29 Oct 2021₹13₹13₹10
18 Nov 2021₹13₹13₹10
10 Dec 2021₹12₹12₹10
31 Dec 2021₹11₹12₹10
21 Jan 2022₹12₹12₹11
11 Feb 2022₹12₹12₹11
4 Mar 2022₹11₹12₹11
25 Mar 2022₹16₹13₹11
13 Apr 2022₹19₹15₹12
6 May 2022₹21₹18₹13
27 May 2022₹17₹18₹14
17 Jun 2022₹18₹19₹15
8 Jul 2022₹17₹18₹15
29 Jul 2022₹18₹18₹15
19 Aug 2022₹17₹18₹16
9 Sep 2022₹19₹18₹16
30 Sep 2022₹19₹18₹16
21 Oct 2022₹21₹19₹17
11 Nov 2022₹27₹22₹18
2 Dec 2022₹28₹24₹19
23 Dec 2022₹21₹25₹20
13 Jan 2023₹26₹25₹21
3 Feb 2023₹25₹25₹21
24 Feb 2023₹25₹25₹22
17 Mar 2023₹25₹25₹22
6 Apr 2023₹28₹25₹23
28 Apr 2023₹30₹27₹24
19 May 2023₹32₹29₹25
9 Jun 2023₹38₹31₹26
30 Jun 2023₹47₹37₹28
21 Jul 2023₹52₹44₹32
11 Aug 2023₹53₹48₹35
1 Sep 2023₹81₹60₹40
22 Sep 2023₹68₹65₹44
13 Oct 2023₹104₹75₹50
3 Nov 2023₹100₹85₹56
24 Nov 2023₹122₹95₹63
15 Dec 2023₹114₹104₹70
5 Jan 2024₹111₹107₹75
25 Jan 2024₹118₹110₹81
16 Feb 2024₹106₹110₹85
7 Mar 2024₹106₹109₹88
28 Mar 2024₹94₹104₹89
19 Apr 2024₹106₹103₹91
10 May 2024₹102₹105₹93
31 May 2024₹116₹107₹95
21 Jun 2024₹170₹121₹101
12 Jul 2024₹199₹149₹112
2 Aug 2024₹188₹167₹122
23 Aug 2024₹178₹171₹129
13 Sep 2024₹160₹168₹134
4 Oct 2024₹170₹168₹138
25 Oct 2024₹159₹167₹142
14 Nov 2024₹138₹162₹144
6 Dec 2024₹163₹157₹145
27 Dec 2024₹149₹156₹146
17 Jan 2025₹133₹148₹145
7 Feb 2025₹124₹138₹143
28 Feb 2025₹105₹126₹138
21 Mar 2025₹115₹119₹134
11 Apr 2025₹110₹114₹131
2 May 2025₹109₹116₹130
23 May 2025₹128₹118₹128
13 Jun 2025₹159₹136₹132
4 Jul 2025₹159₹146₹136
25 Jul 2025₹136₹148₹138
14 Aug 2025₹132₹140₹137
5 Sep 2025₹177₹145₹139
26 Sep 2025₹179₹160₹144
17 Oct 2025₹191₹175₹151
7 Nov 2025₹163₹174₹154
28 Nov 2025₹155₹167₹154
19 Dec 2025₹154₹159₹154
9 Jan 2026₹157₹159₹154
1 Feb 2026₹146₹153₹153
20 Feb 2026₹146₹152₹153
13 Mar 2026₹135₹148₹151
2 Apr 2026₹134₹140₹149
24 Apr 2026₹155₹146₹149
15 May 2026₹150₹150₹150
4 Jun 2026₹176₹158₹152
12 Jun 2026₹167₹159₹153
24 Jun 2026₹170₹163₹154
3 Jul 2026₹178₹166₹156
24 Jul 2026₹163₹170₹158
14 Aug 2026₹159₹166₹159
4 Sep 2026₹155₹163₹159
25 Sep 2026₹156₹158₹158
16 Oct 2026₹151₹154₹157
4 Nov 2026₹139₹150₹155
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 10-year window.

Price stage: Rising from Oct 2025 to Jan 2026; Falling from Feb 2026 to Jun 2026; Rising from Jun 2026 to Sep 2026; Falling in Oct 2026.

Price stage: Rising from Nov 2023 to Feb 2025; Falling from Feb 2025 to Jun 2025; Rising from Jul 2025 to Jan 2026; Falling from Feb 2026 to Jun 2026; Rising from Jun 2026 to Sep 2026; Falling in Oct 2026.

Price stage: Rising from Oct 2021 to Feb 2025; Falling from Feb 2025 to Jun 2025; Rising from Jul 2025 to Jan 2026; Falling from Feb 2026 to Jun 2026; Rising from Jun 2026 to Sep 2026; Falling in Oct 2026.

Price stage: Falling from Oct 2016 to Jan 2017; Rising from Feb 2017 to Jun 2018; Falling from Jul 2018 to Dec 2019; Rising from Dec 2019 to Mar 2020; Falling from Apr 2020 to Jul 2020; Rising from Jul 2020 to Jan 2025; Falling from Feb 2025 to Jun 2025; Rising from Jul 2025 to Jan 2026; Falling from Feb 2026 to Jun 2026; Rising from Jun 2026 to Oct 2026.

Week by week since 2016: did it beat the NIFTY 500 over the past 13 weeks?

Ahead in 317 of 549 weeks

Week by week since 2016: did it beat the NIFTY 500 over the past 13 weeks?
Week13-week return vs NIFTY 500
11 Mar 2016no NIFTY 500 reading
18 Mar 2016no NIFTY 500 reading
23 Mar 2016no NIFTY 500 reading
1 Apr 2016no NIFTY 500 reading
8 Apr 2016no NIFTY 500 reading
13 Apr 2016no NIFTY 500 reading
22 Apr 2016no NIFTY 500 reading
29 Apr 2016no NIFTY 500 reading
6 May 2016no NIFTY 500 reading
13 May 2016no NIFTY 500 reading
20 May 2016no NIFTY 500 reading
27 May 2016no NIFTY 500 reading
3 Jun 2016no NIFTY 500 reading
10 Jun 2016+8.3%
17 Jun 2016+8.8%
24 Jun 2016+0.5%
1 Jul 2016−10.6%
8 Jul 2016−19.7%
15 Jul 2016−17.4%
22 Jul 2016−26.5%
29 Jul 2016−18.7%
5 Aug 2016−22.4%
12 Aug 2016−27.3%
19 Aug 2016−22.1%
26 Aug 2016−20.0%
2 Sep 2016−23.9%
9 Sep 2016−20.1%
16 Sep 2016−16.6%
23 Sep 2016−10.4%
30 Sep 2016−17.4%
7 Oct 2016−17.3%
14 Oct 2016−13.0%
21 Oct 2016−3.0%
30 Oct 2016−8.9%
4 Nov 2016+0.4%
11 Nov 2016+16.6%
18 Nov 2016−1.1%
25 Nov 2016+1.0%
2 Dec 2016+8.4%
9 Dec 2016+7.7%
16 Dec 2016+28.7%
23 Dec 2016+8.9%
30 Dec 2016+25.6%
6 Jan 2017+18.3%
13 Jan 2017+15.8%
20 Jan 2017+9.7%
27 Jan 2017+9.1%
3 Feb 2017+6.0%
10 Feb 2017+1.2%
17 Feb 2017+19.1%
23 Feb 2017+11.6%
3 Mar 2017+18.8%
10 Mar 2017+10.1%
17 Mar 2017−1.8%
24 Mar 2017+32.9%
31 Mar 2017+26.6%
7 Apr 2017+43.7%
13 Apr 2017+37.5%
21 Apr 2017+46.0%
28 Apr 2017+43.8%
5 May 2017+36.2%
12 May 2017+40.2%
19 May 2017+63.7%
26 May 2017+77.7%
2 Jun 2017+82.0%
9 Jun 2017+83.7%
16 Jun 2017+61.0%
23 Jun 2017+53.0%
30 Jun 2017+49.8%
7 Jul 2017+38.7%
14 Jul 2017+25.0%
21 Jul 2017+15.6%
28 Jul 2017+13.5%
4 Aug 2017+11.8%
11 Aug 2017+5.9%
18 Aug 2017−10.6%
24 Aug 2017+1.0%
1 Sep 2017+2.6%
8 Sep 2017−0.5%
15 Sep 2017−6.8%
22 Sep 2017−12.1%
29 Sep 2017−21.9%
6 Oct 2017−23.8%
13 Oct 2017+2.2%
19 Oct 2017+24.7%
27 Oct 2017+14.6%
3 Nov 2017+24.9%
10 Nov 2017+38.6%
17 Nov 2017+48.7%
24 Nov 2017+37.5%
1 Dec 2017+30.4%
8 Dec 2017+29.6%
15 Dec 2017+32.3%
22 Dec 2017+47.9%
29 Dec 2017+84.4%
5 Jan 2018+123.8%
12 Jan 2018+88.0%
19 Jan 2018+40.5%
25 Jan 2018+64.9%
2 Feb 2018+73.8%
9 Feb 2018+89.4%
16 Feb 2018+63.2%
23 Feb 2018+43.1%
1 Mar 2018+49.6%
9 Mar 2018+42.1%
16 Mar 2018+53.2%
23 Mar 2018+34.0%
28 Mar 2018+17.0%
6 Apr 2018+4.2%
13 Apr 2018+12.6%
20 Apr 2018+20.7%
27 Apr 2018+5.8%
4 May 2018+14.5%
11 May 2018−11.5%
18 May 2018−3.2%
25 May 2018−5.0%
1 Jun 2018−28.3%
8 Jun 2018−25.5%
15 Jun 2018−28.7%
22 Jun 2018−32.7%
29 Jun 2018−36.1%
6 Jul 2018−39.0%
13 Jul 2018−43.8%
20 Jul 2018−51.5%
27 Jul 2018−41.1%
3 Aug 2018−52.2%
10 Aug 2018−47.0%
17 Aug 2018−51.0%
24 Aug 2018−48.8%
31 Aug 2018−39.1%
7 Sep 2018−38.2%
14 Sep 2018−28.7%
21 Sep 2018−20.7%
28 Sep 2018−22.8%
5 Oct 2018−23.5%
12 Oct 2018−21.3%
19 Oct 2018−1.8%
26 Oct 2018−28.4%
2 Nov 2018−16.4%
9 Nov 2018−17.0%
16 Nov 2018−25.6%
22 Nov 2018−20.2%
30 Nov 2018−19.3%
7 Dec 2018−15.8%
14 Dec 2018−27.6%
21 Dec 2018−15.7%
28 Dec 2018−11.1%
4 Jan 2019−6.0%
11 Jan 2019−5.9%
18 Jan 2019−12.0%
25 Jan 2019+11.3%
1 Feb 2019−6.0%
8 Feb 2019−3.5%
15 Feb 2019+11.9%
22 Feb 2019+16.0%
1 Mar 2019+5.8%
8 Mar 2019+8.6%
15 Mar 2019+8.7%
22 Mar 2019−9.8%
29 Mar 2019−7.7%
5 Apr 2019−7.6%
12 Apr 2019−13.4%
18 Apr 2019−12.9%
26 Apr 2019−6.5%
3 May 2019+9.9%
10 May 2019+7.3%
17 May 2019+11.6%
24 May 2019+5.4%
31 May 2019+16.9%
7 Jun 2019+16.1%
14 Jun 2019+10.7%
21 Jun 2019+2.8%
28 Jun 2019+3.7%
5 Jul 2019+5.4%
12 Jul 2019+9.7%
19 Jul 2019+18.7%
26 Jul 2019+6.1%
2 Aug 2019−13.1%
9 Aug 2019−15.9%
16 Aug 2019−16.3%
23 Aug 2019−17.9%
30 Aug 2019−14.7%
6 Sep 2019−18.3%
13 Sep 2019−8.2%
20 Sep 2019−8.4%
27 Sep 2019−5.6%
4 Oct 2019−11.6%
11 Oct 2019−12.2%
18 Oct 2019−20.7%
27 Oct 2019−14.7%
1 Nov 2019+3.3%
8 Nov 2019+12.5%
15 Nov 2019+2.6%
22 Nov 2019+9.5%
29 Nov 2019+22.5%
6 Dec 2019+30.1%
13 Dec 2019+14.4%
20 Dec 2019+43.8%
27 Dec 2019+32.0%
3 Jan 2020+47.9%
10 Jan 2020+44.9%
17 Jan 2020+43.9%
24 Jan 2020+37.6%
1 Feb 2020+18.3%
7 Feb 2020+13.8%
14 Feb 2020+21.1%
20 Feb 2020+16.3%
28 Feb 2020−1.3%
6 Mar 2020+0.8%
13 Mar 2020+5.3%
20 Mar 2020−9.4%
27 Mar 2020−11.6%
3 Apr 2020−18.0%
9 Apr 2020−12.1%
17 Apr 2020−13.9%
24 Apr 2020−17.0%
30 Apr 2020+0.8%
8 May 2020−4.8%
15 May 2020−0.3%
22 May 2020−3.1%
29 May 2020−9.4%
5 Jun 2020−5.8%
12 Jun 2020−7.2%
19 Jun 2020+10.2%
26 Jun 2020+41.2%
3 Jul 2020+55.6%
10 Jul 2020+55.6%
17 Jul 2020+72.8%
24 Jul 2020+90.7%
31 Jul 2020+34.9%
7 Aug 2020+46.1%
14 Aug 2020+51.3%
21 Aug 2020+63.3%
28 Aug 2020+102.1%
4 Sep 2020+80.2%
11 Sep 2020+71.6%
18 Sep 2020+52.3%
25 Sep 2020+37.7%
1 Oct 2020+19.5%
9 Oct 2020+9.6%
16 Oct 2020−4.1%
23 Oct 2020−2.7%
30 Oct 2020+1.4%
6 Nov 2020−5.2%
14 Nov 2020−12.7%
20 Nov 2020−20.2%
27 Nov 2020−32.8%
4 Dec 2020−35.8%
11 Dec 2020−33.5%
18 Dec 2020−34.7%
24 Dec 2020−36.9%
1 Jan 2021−32.3%
8 Jan 2021−24.5%
15 Jan 2021−17.7%
22 Jan 2021−8.4%
29 Jan 2021−7.6%
5 Feb 2021−9.0%
12 Feb 2021−14.5%
19 Feb 2021+3.9%
26 Feb 2021−6.1%
5 Mar 2021−4.8%
12 Mar 2021+3.3%
19 Mar 2021+4.0%
26 Mar 2021−3.2%
1 Apr 2021+6.9%
9 Apr 2021+2.9%
16 Apr 2021+4.9%
23 Apr 2021−4.7%
30 Apr 2021+1.2%
7 May 2021+4.7%
14 May 2021+9.5%
21 May 2021+20.7%
28 May 2021+25.0%
4 Jun 2021+33.8%
11 Jun 2021+27.7%
18 Jun 2021+21.1%
25 Jun 2021+38.0%
2 Jul 2021+25.3%
9 Jul 2021+37.8%
16 Jul 2021+51.0%
23 Jul 2021+55.2%
30 Jul 2021+81.0%
6 Aug 2021+70.1%
13 Aug 2021+68.5%
20 Aug 2021+22.2%
27 Aug 2021+20.6%
3 Sep 2021+14.2%
9 Sep 2021+23.1%
17 Sep 2021+25.6%
24 Sep 2021+22.6%
1 Oct 2021+49.4%
8 Oct 2021+21.1%
14 Oct 2021+16.4%
22 Oct 2021+4.3%
29 Oct 2021−11.1%
4 Nov 2021−5.9%
12 Nov 2021−5.2%
18 Nov 2021+5.8%
26 Nov 2021+6.8%
3 Dec 2021+5.9%
10 Dec 2021−0.3%
17 Dec 2021+2.3%
24 Dec 2021−2.6%
31 Dec 2021−18.5%
7 Jan 2022−15.7%
14 Jan 2022−10.5%
21 Jan 2022−5.1%
28 Jan 2022−3.4%
4 Feb 2022+1.5%
11 Feb 2022+1.7%
18 Feb 2022−6.2%
25 Feb 2022−2.5%
4 Mar 2022−0.5%
11 Mar 2022+3.3%
17 Mar 2022+26.9%
25 Mar 2022+46.5%
1 Apr 2022+59.7%
8 Apr 2022+84.7%
13 Apr 2022+60.0%
22 Apr 2022+48.1%
29 Apr 2022+76.2%
6 May 2022+78.2%
13 May 2022+46.7%
20 May 2022+67.2%
27 May 2022+56.9%
3 Jun 2022+90.4%
10 Jun 2022+81.5%
17 Jun 2022+36.1%
24 Jun 2022+22.4%
1 Jul 2022+2.1%
8 Jul 2022−6.6%
15 Jul 2022−10.2%
22 Jul 2022+8.8%
29 Jul 2022−21.4%
5 Aug 2022−28.1%
12 Aug 2022−14.4%
19 Aug 2022−18.5%
26 Aug 2022−6.4%
2 Sep 2022−33.1%
9 Sep 2022−22.3%
16 Sep 2022−18.2%
23 Sep 2022−11.4%
30 Sep 2022+6.3%
7 Oct 2022+6.6%
14 Oct 2022+12.9%
21 Oct 2022+0.7%
28 Oct 2022+34.0%
4 Nov 2022+49.7%
11 Nov 2022+60.2%
18 Nov 2022+66.6%
25 Nov 2022+53.1%
2 Dec 2022+72.1%
9 Dec 2022+39.3%
16 Dec 2022+36.7%
23 Dec 2022+14.8%
30 Dec 2022+26.2%
6 Jan 2023+30.7%
13 Jan 2023+30.6%
20 Jan 2023+22.9%
27 Jan 2023+10.8%
3 Feb 2023−2.3%
10 Feb 2023−3.0%
17 Feb 2023−8.0%
24 Feb 2023+1.5%
3 Mar 2023−4.9%
10 Mar 2023+1.3%
17 Mar 2023+5.8%
24 Mar 2023+21.9%
31 Mar 2023+9.7%
6 Apr 2023+13.3%
13 Apr 2023+24.0%
21 Apr 2023+23.2%
28 Apr 2023+14.2%
5 May 2023+17.5%
12 May 2023+24.5%
19 May 2023+21.8%
26 May 2023+15.8%
2 Jun 2023+18.2%
9 Jun 2023+41.0%
16 Jun 2023+63.8%
23 Jun 2023+67.1%
30 Jun 2023+71.5%
7 Jul 2023+61.4%
14 Jul 2023+60.7%
21 Jul 2023+55.2%
28 Jul 2023+61.8%
4 Aug 2023+72.5%
11 Aug 2023+58.0%
18 Aug 2023+106.4%
25 Aug 2023+154.1%
1 Sep 2023+146.6%
8 Sep 2023+94.1%
15 Sep 2023+54.0%
22 Sep 2023+47.5%
29 Sep 2023+65.9%
6 Oct 2023+71.5%
13 Oct 2023+86.5%
20 Oct 2023+91.4%
27 Oct 2023+89.9%
3 Nov 2023+82.0%
12 Nov 2023+87.6%
17 Nov 2023+55.7%
24 Nov 2023+44.5%
1 Dec 2023+37.3%
8 Dec 2023+43.1%
15 Dec 2023+56.3%
22 Dec 2023+48.1%
29 Dec 2023+21.3%
5 Jan 2024+16.8%
12 Jan 2024−3.3%
20 Jan 2024+1.0%
25 Jan 2024+1.4%
2 Feb 2024−6.5%
9 Feb 2024−7.8%
16 Feb 2024−15.9%
23 Feb 2024−23.8%
2 Mar 2024−13.3%
7 Mar 2024−13.0%
15 Mar 2024−15.3%
22 Mar 2024−14.7%
28 Mar 2024−18.6%
5 Apr 2024−12.3%
12 Apr 2024−13.4%
19 Apr 2024−15.5%
26 Apr 2024−11.4%
3 May 2024−4.9%
10 May 2024−9.1%
18 May 2024+0.7%
24 May 2024−4.5%
31 May 2024+0.5%
7 Jun 2024−1.7%
14 Jun 2024+39.5%
21 Jun 2024+63.4%
28 Jun 2024+63.4%
5 Jul 2024+59.8%
12 Jul 2024+78.7%
19 Jul 2024+53.7%
26 Jul 2024+57.0%
2 Aug 2024+63.1%
9 Aug 2024+64.3%
16 Aug 2024+40.4%
23 Aug 2024+51.6%
30 Aug 2024+33.2%
6 Sep 2024+33.4%
13 Sep 2024−4.6%
20 Sep 2024−12.6%
27 Sep 2024−6.8%
4 Oct 2024−7.8%
11 Oct 2024−17.2%
18 Oct 2024−3.6%
25 Oct 2024−12.6%
1 Nov 2024−12.5%
8 Nov 2024−6.1%
14 Nov 2024−13.1%
22 Nov 2024−17.8%
29 Nov 2024−9.3%
6 Dec 2024+0.2%
13 Dec 2024+2.0%
20 Dec 2024+1.3%
27 Dec 2024−0.6%
3 Jan 2025−6.1%
10 Jan 2025−11.8%
17 Jan 2025−14.0%
24 Jan 2025−12.2%
1 Feb 2025−18.6%
7 Feb 2025−18.5%
14 Feb 2025−16.2%
21 Feb 2025−7.2%
28 Feb 2025−16.9%
7 Mar 2025−17.4%
13 Mar 2025−24.7%
21 Mar 2025−19.5%
28 Mar 2025−22.9%
4 Apr 2025−19.9%
11 Apr 2025−17.5%
17 Apr 2025−13.1%
25 Apr 2025−8.6%
2 May 2025−14.7%
9 May 2025−21.9%
16 May 2025+3.9%
23 May 2025−0.7%
30 May 2025+21.0%
6 Jun 2025+36.2%
13 Jun 2025+43.3%
20 Jun 2025+25.1%
27 Jun 2025+34.3%
4 Jul 2025+33.3%
11 Jul 2025+31.7%
18 Jul 2025+19.8%
25 Jul 2025+6.0%
1 Aug 2025+14.3%
8 Aug 2025+17.4%
14 Aug 2025+6.0%
22 Aug 2025+16.6%
29 Aug 2025+6.3%
5 Sep 2025+4.4%
12 Sep 2025+7.0%
19 Sep 2025+19.1%
26 Sep 2025+17.1%
3 Oct 2025+28.9%
10 Oct 2025+32.0%
17 Oct 2025+24.6%
24 Oct 2025+28.0%
31 Oct 2025+29.8%
7 Nov 2025+24.6%
14 Nov 2025+21.2%
21 Nov 2025−1.3%
28 Nov 2025−0.1%
5 Dec 2025−17.7%
12 Dec 2025−12.6%
19 Dec 2025−19.4%
26 Dec 2025−14.8%
2 Jan 2026−26.0%
9 Jan 2026−23.5%
16 Jan 2026−17.2%
23 Jan 2026−20.4%
1 Feb 2026−13.8%
6 Feb 2026−8.4%
13 Feb 2026−6.3%
20 Feb 2026−3.6%
27 Feb 2026−2.2%
6 Mar 2026+1.7%
13 Mar 2026−4.9%
20 Mar 2026−7.1%
27 Mar 2026−10.0%
2 Apr 2026−7.1%
10 Apr 2026+1.1%
17 Apr 2026+5.8%
24 Apr 2026+14.3%
30 Apr 2026+3.2%
8 May 2026+16.1%
15 May 2026+3.7%
22 May 2026+14.5%
29 May 2026+22.5%
4 Jun 2026+21.4%
5 Jun 2026+23.7%
10 Jun 2026+21.9%
12 Jun 2026+26.2%
17 Jun 2026+25.7%
19 Jun 2026+15.6%
24 Jun 2026+5.7%
25 Jun 2026+10.0%
1 Jul 2026+19.8%
3 Jul 2026+4.7%
10 Jul 2026+16.3%
17 Jul 2026+1.8%
24 Jul 2026−8.8%
31 Jul 2026−12.3%
7 Aug 2026−9.4%
14 Aug 2026−6.5%
21 Aug 2026−7.9%
28 Aug 2026−12.0%
4 Sep 2026−14.4%
11 Sep 2026−7.0%
18 Sep 2026−13.1%
25 Sep 2026−10.1%
1 Oct 2026−9.5%
9 Oct 2026−13.7%
16 Oct 2026−6.4%
23 Oct 2026−10.0%
30 Oct 2026−9.8%
4 Nov 2026−7.4%
Each bar is one week, from 2016 to now (549 weeks with a reading). Green means the stock's return over the previous 13 weeks beat the NIFTY 500; red means it trailed. The colour is strongest at a gap of 25 percentage points or more. A gap means there is no reading for that week.

Over the last 11 years the share price moved +8,114% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 17 July 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

What changed at Avantel this quarter?

6 points on a year earlier and highest quarterly revenue in 8 quarters.

  1. Operating margin up 7.6 points on a year earlier

    28% in the September 2026 quarter, from 20.4%.

  2. Highest quarterly revenue in 8 quarters

    Revenue of ₹74 crore in the September 2026 quarter is the highest of the last 8 quarters.

What are Avantel's latest quarterly results?

For July to September 2026 (the quarter ended 30 September 2026), Avantel reported revenue of ₹74.4 crore, up 34.3% from ₹55.4 crore a year earlier, and a profit of ₹6.81 crore, up 59.5% from ₹4.27 crore.

Avantel results: July to September 2026 against a year earlier

Avantel results: July to September 2026 against a year earlier
MeasureJuly to September 2026July to September 2025Change
Revenue₹74.4 crore₹55.4 crore+34.3%
Profit₹6.81 crore₹4.27 crore+59.5%
Earnings per share₹0.26₹0.16+62.5%
Operating margin28.0%20.4%+7.6 points

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.

What is the Avantel share price history?

Avantel closed at ₹138.82 on 4 November 2026, down 14.6% from ₹162.55 a year earlier (7 November 2025) and up 986.2% over five years. Its highest weekly close since March 2016 was ₹203.70 on 10 October 2025.

Avantel share price: then and now

Avantel share price: then and now
WhenCloseChange to 4 Nov 2026
1 week ago · 30 Oct 2026₹135.10+2.8%
1 month ago · 1 Oct 2026₹150.15−7.5%
6 months ago · 8 May 2026₹164.70−15.7%
1 year ago · 7 Nov 2025₹162.55−14.6%
3 years ago · 3 Nov 2023₹100.45+38.2%
5 years ago · 4 Nov 2021₹12.78+986.2%
10 years ago · 4 Nov 2016₹1.90+7,206.3%
Earliest weekly close in our records · 11 Mar 2016₹1.69+8,114.2%
Highest weekly close since March 2016 · 10 Oct 2025₹203.70−31.9%
Lowest weekly close since March 2016 · 18 Nov 2016₹1.63+8,416.6%
52-week high (weekly close) · 10 Jul 2026₹180.20−23.0%
52-week low (weekly close) · 27 Mar 2026₹124.20+11.8%

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

562 weekly closes from 11 March 2016 to 4 November 2026.

What is the latest news on Avantel?

4 Nov 2026: Avantel closed at ₹138.82, up 2.8% on the week and down 7.5% on the month. Results for July to September 2026: Revenue up 34.3% and profit up 59.5% on a year earlier.

Earlier

  • 12 Jun 2026: ex-date for a dividend of ₹0.20 a share.

What dividend does Avantel pay?

Avantel paid ₹0.20 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.14% at the ₹138.82 close on 4 November 2026. The last was a dividend of ₹0.20 a share, ex-date 12 June 2026.

Avantel dividends since 1 April 2021

Avantel dividends since 1 April 2021
Ex-dateDividend per shareType
12 Jun 2026Dividend₹0.20Dividend
12 Jun 2025Dividend₹0.20Dividend

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here.

1 of 5Of the last 5 financial years, years with an NSE dividend record

Yes. Avantel Ltd paid out 35% of its profit as dividends in FY26, and it paid a dividend in 13 of its last 15 reported years.

From the NSE corporate-actions record, read 5 November 2026.

Which stock lists is Avantel on?

Avantel is on one of our India lists: Defence stocks.

Is Avantel profitable?

Avantel Ltd earned ₹6.8 Cr of net profit in the Sep 2026 quarter, +59.5% on the same quarter a year earlier. That is the 2nd quarter in a row of profit growth. Full-year FY26 profit was ₹15.0 Cr. Over 10 years profit has grown 31.1% a year on average. That is 9.2% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned ₹4.3 Cr.

For the full year, FY26 profit was ₹15.0 Cr (−73.2% on the year before).

FY26 profit ₹15.0 Cr (−73.2% on the year before), 31.1% a year over 10 years

  • Net profit ₹15.0
FY26 profit ₹15.0 Cr (−73.2% on the year before), 31.1% a year over 10 years
QuarterNet profit
FY16₹1
FY17₹1
FY18₹17
FY19₹10
FY20₹11
FY21₹15
FY22₹18
FY23₹27
FY24₹53
FY25₹56
FY26₹15

Growth on a year earlier

  • Growth on a year earlier −73.2%
Growth on a year earlier
QuarterGrowth on a year earlier
FY160%
FY170%
FY181,600%
FY19−41.2%
FY2010%
FY2136.4%
FY2220%
FY2350%
FY2496.3%
FY255.7%
FY26−73.2%
Top: net profit each year, ₹ Cr. Below: growth on the year before, %. 11-year window. A grey bar is lower than the year before.

Sep 2026: ₹6.8 Cr (+59.5% on a year earlier), the 2nd quarter in a row of growth

  • Net profit (quarterly) ₹6.8
Sep 2026: ₹6.8 Cr (+59.5% on a year earlier), the 2nd quarter in a row of growth
QuarterNet profit (quarterly)
Dec 2023₹16
Mar 2024₹12
Jun 2024₹7
Sep 2024₹23
Dec 2024₹20
Mar 2025₹6
Jun 2025₹3
Sep 2025₹4
Dec 2025₹3
Mar 2026₹5
Jun 2026₹5
Sep 2026₹7

Growth on a year earlier

  • Growth on a year earlier 59.5%
Growth on a year earlier
QuarterGrowth on a year earlier
Dec 2023143.9%
Mar 202426.2%
Jun 2024−7.9%
Sep 202442.5%
Dec 202423%
Mar 2025−50%
Jun 2025−56.2%
Sep 2025−81.4%
Dec 2025−86.4%
Mar 2026−21.5%
Jun 202666.9%
Sep 202659.5%
Top: net profit each quarter, ₹ Cr. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Why profit moved: revenue changed +34.3% on a year earlier and the margin moved +7.6 percentage points. Most of the change came from keeping more of each sale.

On average over the last four quarters, profit changed +4.6% and revenue +18.2%. Profit is growing slower than sales: rising costs are taking part of the growth.

How much revenue does Avantel make, and is it growing?

Avantel Ltd reported ₹74.4 Cr of revenue in the Sep 2026 quarter, +34.3% on the same quarter a year earlier. That is the 3rd quarter in a row with growth on the year before. Over 10 years it has grown 24.5% a year on average. The last full year, FY26, came in at ₹223 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹260 Cr.

FY26 revenue was ₹223 Cr, −10.4% on the year before.

FY26 revenue ₹223 Cr (−10.4% on the year before), 24.5% a year over 10 years

  • Revenue ₹223
FY26 revenue ₹223 Cr (−10.4% on the year before), 24.5% a year over 10 years
QuarterRevenue
FY16₹25
FY17₹34
FY18₹52
FY19₹51
FY20₹52
FY21₹78
FY22₹105
FY23₹154
FY24₹224
FY25₹249
FY26₹223

Growth on a year earlier

  • Growth on a year earlier −10.4%
Growth on a year earlier
QuarterGrowth on a year earlier
FY160%
FY1736%
FY1852.9%
FY19−1.9%
FY202%
FY2150%
FY2234.6%
FY2346.7%
FY2445.5%
FY2511.2%
FY26−10.4%
Top: revenue each year, ₹ Cr. Below: growth on the year before, %. 11-year window. A grey bar is lower than the year before.

Sep 2026: ₹74.4 Cr (+34.3% on a year earlier), the 3rd quarter in a row of growth

  • Revenue (quarterly) ₹74.4
Sep 2026: ₹74.4 Cr (+34.3% on a year earlier), the 3rd quarter in a row of growth
QuarterRevenue (quarterly)
Dec 2023₹59
Mar 2024₹42
Jun 2024₹52
Sep 2024₹77
Dec 2024₹71
Mar 2025₹49
Jun 2025₹52
Sep 2025₹55
Dec 2025₹52
Mar 2026₹64
Jun 2026₹70
Sep 2026₹74

Growth on a year earlier

  • Growth on a year earlier 34.3%
Growth on a year earlier
QuarterGrowth on a year earlier
Dec 202353.3%
Mar 2024−20.5%
Jun 2024−24.9%
Sep 202442.5%
Dec 202419.1%
Mar 202518%
Jun 20250.3%
Sep 2025−28.4%
Dec 2025−26.8%
Mar 202629.6%
Jun 202635.7%
Sep 202634.3%
Top: revenue each quarter, ₹ Cr. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Recent pace: the last four quarters grew +18.2% on average, against 24.5% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +14.6%, against +6.3% a year over the last 8 quarters (accelerating); profit over the last 12 months grew −41.4%, against −42.1% a year (stabilising).

How much of every ₹100 of sales does Avantel keep?

Avantel Ltd's operating margin was 28.0% in the Sep 2026 quarter, 7.6 percentage points higher than the same quarter a year ago. Across 15 years it has been between 11.0% and 37.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed +7.6 percentage points on the year while gross margin changed +0.1 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

FY26: 22.0%, within a range of 11.0% to 37.0% over 15 years

  • Operating margin 22.0%
FY26: 22.0%, within a range of 11.0% to 37.0% over 15 years
QuarterOperating margin
FY0612%
FY0722%
FY1415%
FY1516%
FY1616%
FY1711%
FY1822%
FY1928%
FY2030%
FY2129%
FY2225%
FY2330%
FY2436%
FY2537%
FY2622%

Change on the year before (points)

  • Change on the year before (points) −15.0 pts
Change on the year before (points)
QuarterChange on the year before (points)
FY06–
FY07+10.0 pts
FY14−7.0 pts
FY15+1.0 pts
FY160.0 pts
FY17−5.0 pts
FY18+11.0 pts
FY19+6.0 pts
FY20+2.0 pts
FY21−1.0 pts
FY22−4.0 pts
FY23+5.0 pts
FY24+6.0 pts
FY25+1.0 pts
FY26−15.0 pts
Operating margin each year, % (top). Below: change on the year before, in percentage points. 15-year window.

Sep 2026: operating margin 28.0% (+7.6 points on a year earlier)

  • Operating margin 28.02%
Sep 2026: operating margin 28.0% (+7.6 points on a year earlier)
QuarterOperating margin
Dec 202341.19%
Mar 202443.49%
Jun 202427.36%
Sep 202444.81%
Dec 202445.35%
Mar 202523.57%
Jun 202520.13%
Sep 202520.43%
Dec 202524.25%
Mar 202621.29%
Jun 202624.77%
Sep 202628.02%

Change on a year earlier (points)

  • Change on a year earlier (points) +7.6 pts
Change on a year earlier (points)
QuarterChange on a year earlier (points)
Dec 2023+12.2 pts
Mar 2024+9.0 pts
Jun 2024+6.7 pts
Sep 2024−1.1 pts
Dec 2024+4.2 pts
Mar 2025−19.9 pts
Jun 2025−7.2 pts
Sep 2025−24.4 pts
Dec 2025−21.1 pts
Mar 2026−2.3 pts
Jun 2026+4.6 pts
Sep 2026+7.6 pts
Top: quarterly operating margin, %. Below: change on the same quarter a year earlier, in percentage points. Last 12 quarters. Operating profit as a share of revenue, each quarter.

Is Avantel's profit turning into cash?

Over the last 3 years, 101% of Avantel Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹10.0 Cr of operating cash against ₹15.0 Cr of profit. After ₹87.0 Cr of spending on assets, free cash was −₹77.0 Cr: it spent more than its operations brought in.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

FY26: operating cash ₹10.0 Cr against profit ₹15.0 Cr; 101% of 3 years' profit came in as cash

  • Operating cash ₹10.0
  • Net profit ₹15.0
  • Free cash −₹16
FY26: operating cash ₹10.0 Cr against profit ₹15.0 Cr; 101% of 3 years' profit came in as cash
QuarterOperating cashNet profitFree cash
FY16₹4₹1₹3
FY17₹2₹1₹0
FY18₹9₹17₹8
FY19₹4₹10₹2
FY20₹3₹11−₹2
FY21₹45₹15₹39
FY22−₹32₹18−₹53
FY23₹2₹27−₹10
FY24₹65₹53₹31
FY25₹50₹56−₹16
FY26₹10₹15–
Operating cash flow and net profit each year, ₹ Cr. The line is free cash flow: operating cash minus spending on assets. 11-year window, yearly figures. FY26 was an acquisition year, so its point is cut off at the edge.

FY26: operating cash was 67% of profit (101% over three years)

  • Operating cash as % of profit 67%
  • Break-even line 100%
FY26: operating cash was 67% of profit (101% over three years)
QuarterOperating cash as % of profitBreak-even line
FY16300%100%
FY17200%100%
FY1853%100%
FY1940%100%
FY2027%100%
FY21300%100%
FY22−178%100%
FY237%100%
FY24123%100%
FY2589%100%
FY2667%100%
Operating cash as a share of net profit, each year, % (line). The flat line marks 100%, meaning all of the profit came in as cash; unusual years are drawn at the edge.

Why 101% of profit came in as cash: the cash cycle got 536 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives.

What to look at next: the bigger use of cash is spending on new assets, at 4.7× depreciation over three years. The next section checks what that spending is building.

Where does Avantel's cash go?

Avantel Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 627 days in FY26, up from 91 days in FY21. It spent ₹187 Cr on assets over the last 3 years. Customers take 117 days to pay, and stock sits for 521 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹223 Cr, each day of that cycle ties up about ₹0.6 Cr, so roughly ₹383 Cr is tied up in the business at any time.

FY26: customers took 117 days to pay and stock sat for 521 days, about 17.1 months of sales sitting as stock, for a full cycle of 627 days, longer than FY21's 91.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 521 days. Customers pay about 117 days after that. Suppliers are paid at 11 days. Together that makes the 627-day cycle.

FY26: a 627-day cash cycle, +536 days compared with FY21

  • Cash cycle 627d
  • Inventory days 521d
  • Debtor days 117d
  • Payable days 11d
FY26: a 627-day cash cycle, +536 days compared with FY21
QuarterCash cycleInventory daysDebtor daysPayable days
FY06−52d143d134d329d
FY07103d122d93d112d
FY14121d–121d–
FY15505d459d67d20d
FY16597d551d61d14d
FY17282d190d105d12d
FY18147d122d63d38d
FY19197d62d139d4d
FY20305d139d208d43d
FY2191d34d62d4d
FY22251d131d126d6d
FY23334d258d94d18d
FY24295d218d104d28d
FY25426d345d104d24d
FY26627d521d117d11d
Debtor days, inventory days, payable days and the full cash cycle, each year. 15-year window.

Spending on assets: ₹187 Cr over the last 3 years, against ₹40.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹6.0 Cr (FY26): assets paid for that are not earning yet.

FY26: capex ₹87.0 Cr, work in progress ₹6.0 Cr, a build-out

  • Capex ₹87.0
  • Work-in-progress ₹6.0
FY26: capex ₹87.0 Cr, work in progress ₹6.0 Cr, a build-out
QuarterCapexWork-in-progress
FY16₹1₹0
FY17₹2₹0
FY18₹1₹0
FY19₹2₹0
FY20₹5₹0
FY21₹6₹1
FY22₹21₹7
FY23₹12₹9
FY24₹34₹18
FY25₹66₹5
FY26₹87₹6
Capital spending each year, ₹ Cr, with work in progress, ₹ Cr, as the line. Quarterly capital-spending figures are not available for India, so this is yearly.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

What is Avantel's P/E ratio, and how does it compare with its own history?

Avantel Ltd's P/E is 187.2×, near the high end of its own history: higher than 84% of past readings. Its usual P/E (the middle reading) is 60.3×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

P/E 187.2× against a usual 60.3×: near the high end of its own history: higher than 84% of past readings

  • P/E 180.9×
  • Median 60.3×
P/E 187.2× against a usual 60.3×: near the high end of its own history: higher than 84% of past readings
WeekP/EMedian
11 Mar 201684.5×60.3×
23 Mar 201689.5×60.3×
4 Nov 202122.0×60.3×
18 Nov 202121.5×60.3×
3 Dec 202120.5×60.3×
17 Dec 202119.6×60.3×
31 Dec 202119.3×60.3×
14 Jan 202221.4×60.3×
28 Jan 202221.8×60.3×
11 Feb 202221.2×60.3×
25 Feb 202218.5×60.3×
11 Mar 202220.1×60.3×
25 Mar 202227.9×60.3×
8 Apr 202234.0×60.3×
22 Apr 202231.5×60.3×
6 May 202231.3×60.3×
20 May 202226.6×60.3×
3 Jun 202230.6×60.3×
17 Jun 202226.6×60.3×
1 Jul 202223.8×60.3×
15 Jul 202224.2×60.3×
29 Jul 202224.1×60.3×
12 Aug 202222.8×60.3×
26 Aug 202223.5×60.3×
9 Sep 202226.3×60.3×
23 Sep 202224.3×60.3×
7 Oct 202226.1×60.3×
21 Oct 202224.8×60.3×
4 Nov 202231.7×60.3×
18 Nov 202234.3×60.3×
2 Dec 202233.9×60.3×
16 Dec 202229.8×60.3×
30 Dec 202229.2×60.3×
13 Jan 202331.5×60.3×
27 Jan 202329.4×60.3×
10 Feb 202328.4×60.3×
24 Feb 202328.6×60.3×
10 Mar 202328.0×60.3×
24 Mar 202327.8×60.3×
6 Apr 202332.1×60.3×
21 Apr 202330.5×60.3×
5 May 202329.5×60.3×
19 May 202330.9×60.3×
2 Jun 202331.1×60.3×
16 Jun 202342.5×60.3×
30 Jun 202346.4×60.3×
14 Jul 202347.7×60.3×
28 Jul 202345.3×60.3×
11 Aug 202346.1×60.3×
25 Aug 202370.4×60.3×
8 Sep 202366.5×60.3×
22 Sep 202359.0×60.3×
6 Oct 202374.5×60.3×
20 Oct 202364.7×60.3×
3 Nov 202365.5×60.3×
17 Nov 202370.6×60.3×
1 Dec 202376.3×60.3×
15 Dec 202374.5×60.3×
29 Dec 202369.8×60.3×
12 Jan 202473.9×60.3×
25 Jan 202462.4×60.3×
9 Feb 202456.7×60.3×
23 Feb 202456.7×60.3×
7 Mar 202455.8×60.3×
22 Mar 202451.2×60.3×
5 Apr 202455.4×60.3×
19 Apr 202455.6×60.3×
3 May 202454.3×60.3×
18 May 202456.7×60.3×
31 May 202458.0×60.3×
14 Jun 202478.1×60.3×
28 Jun 202482.2×60.3×
12 Jul 202499.8×60.3×
26 Jul 202496.1×60.3×
9 Aug 202490.1×60.3×
23 Aug 202490.3×60.3×
6 Sep 202483.2×60.3×
20 Sep 202483.0×60.3×
4 Oct 202486.0×60.3×
18 Oct 202474.8×60.3×
1 Nov 202474.4×60.3×
14 Nov 202461.8×60.3×
29 Nov 202466.6×60.3×
13 Dec 202470.4×60.3×
27 Dec 202467.3×60.3×
10 Jan 202560.4×60.3×
24 Jan 202554.8×60.3×
7 Feb 202552.4×60.3×
21 Feb 202548.9×60.3×
7 Mar 202548.0×60.3×
21 Mar 202548.8×60.3×
4 Apr 202545.3×60.3×
17 Apr 202551.2×60.3×
2 May 202551.3×60.3×
16 May 202557.3×60.3×
30 May 202566.0×60.3×
13 Jun 202574.8×60.3×
27 Jun 202573.4×60.3×
11 Jul 202572.7×60.3×
25 Jul 202568.9×60.3×
8 Aug 202563.5×60.3×
22 Aug 202575.5×60.3×
5 Sep 202589.6×60.3×
19 Sep 202593.1×60.3×
3 Oct 2025102.5×60.3×
17 Oct 202596.5×60.3×
31 Oct 2025135.0×60.3×
14 Nov 2025129.1×60.3×
28 Nov 2025122.2×60.3×
12 Dec 2025120.0×60.3×
26 Dec 2025126.1×60.3×
9 Jan 2026123.5×60.3×
23 Jan 2026107.5×60.3×
6 Feb 2026180.9×60.3×
20 Feb 2026180.9×60.3×
6 Mar 2026180.9×60.3×
20 Mar 2026180.9×60.3×
2 Apr 2026180.9×60.3×
17 Apr 2026180.9×60.3×
30 Apr 2026180.9×60.3×
15 May 2026180.9×60.3×
29 May 2026180.9×60.3×
10 Jun 2026180.9×60.3×
17 Jun 2026180.9×60.3×
24 Jun 2026180.9×60.3×
1 Jul 2026180.9×60.3×
10 Jul 2026180.9×60.3×
24 Jul 2026180.9×60.3×
7 Aug 2026180.9×60.3×
21 Aug 2026180.9×60.3×
4 Sep 2026180.9×60.3×
18 Sep 2026180.9×60.3×
1 Oct 2026180.9×60.3×
16 Oct 2026180.9×60.3×
30 Oct 2026180.9×60.3×

Earnings per share, 12 months

  • Earnings per share, 12 months ₹1
Earnings per share, 12 months
WeekEarnings per share, 12 months
11 Mar 2016–
23 Mar 2016₹0
4 Nov 2021₹0
18 Nov 2021₹0
3 Dec 2021₹0
17 Dec 2021₹0
31 Dec 2021₹1
14 Jan 2022₹1
28 Jan 2022₹1
11 Feb 2022₹1
25 Feb 2022₹1
11 Mar 2022₹1
25 Mar 2022₹1
8 Apr 2022₹1
22 Apr 2022₹1
6 May 2022₹1
20 May 2022₹1
3 Jun 2022₹1
17 Jun 2022₹1
1 Jul 2022₹1
15 Jul 2022₹1
29 Jul 2022₹1
12 Aug 2022₹1
26 Aug 2022₹1
9 Sep 2022₹1
23 Sep 2022₹1
7 Oct 2022₹1
21 Oct 2022₹1
4 Nov 2022₹1
18 Nov 2022₹1
2 Dec 2022₹1
16 Dec 2022₹1
30 Dec 2022₹1
13 Jan 2023₹1
27 Jan 2023₹1
10 Feb 2023₹1
24 Feb 2023₹1
10 Mar 2023₹1
24 Mar 2023₹1
6 Apr 2023₹1
21 Apr 2023₹1
5 May 2023₹1
19 May 2023₹1
2 Jun 2023₹1
16 Jun 2023₹1
30 Jun 2023₹1
14 Jul 2023₹1
28 Jul 2023₹1
11 Aug 2023₹1
25 Aug 2023₹1
8 Sep 2023₹1
22 Sep 2023₹1
6 Oct 2023₹1
20 Oct 2023₹1
3 Nov 2023₹1
17 Nov 2023₹1
1 Dec 2023₹1
15 Dec 2023₹1
29 Dec 2023₹2
12 Jan 2024₹2
25 Jan 2024₹2
9 Feb 2024₹2
23 Feb 2024₹2
7 Mar 2024₹2
22 Mar 2024₹2
5 Apr 2024₹2
19 Apr 2024₹2
3 May 2024₹2
18 May 2024₹2
31 May 2024₹2
14 Jun 2024₹2
28 Jun 2024₹2
12 Jul 2024₹2
26 Jul 2024₹2
9 Aug 2024₹2
23 Aug 2024₹2
6 Sep 2024₹2
20 Sep 2024₹2
4 Oct 2024₹2
18 Oct 2024₹2
1 Nov 2024₹2
14 Nov 2024₹2
29 Nov 2024₹2
13 Dec 2024₹2
27 Dec 2024₹2
10 Jan 2025₹2
24 Jan 2025₹2
7 Feb 2025₹2
21 Feb 2025₹2
7 Mar 2025₹2
21 Mar 2025₹2
4 Apr 2025₹2
17 Apr 2025₹2
2 May 2025₹2
16 May 2025₹2
30 May 2025₹2
13 Jun 2025₹2
27 Jun 2025₹2
11 Jul 2025₹2
25 Jul 2025₹2
8 Aug 2025₹2
22 Aug 2025₹2
5 Sep 2025₹2
19 Sep 2025₹2
3 Oct 2025₹2
17 Oct 2025₹2
31 Oct 2025₹2
14 Nov 2025₹2
28 Nov 2025₹2
12 Dec 2025₹2
26 Dec 2025₹1
9 Jan 2026₹1
23 Jan 2026₹1
6 Feb 2026₹1
20 Feb 2026₹1
6 Mar 2026₹1
20 Mar 2026₹1
2 Apr 2026₹1
17 Apr 2026₹1
30 Apr 2026₹1
15 May 2026₹1
29 May 2026₹1
10 Jun 2026₹1
17 Jun 2026₹1
24 Jun 2026₹1
1 Jul 2026₹1
10 Jul 2026₹1
24 Jul 2026₹1
7 Aug 2026₹1
21 Aug 2026₹1
4 Sep 2026₹1
18 Sep 2026₹1
1 Oct 2026₹1
16 Oct 2026₹1
30 Oct 2026₹1
Top: P/E each week. Below: earnings per share, trailing twelve months, leaving out one-off items, a step line that moves once a quarter; 11 years of history; short peaks above 181× are drawn at the top edge.

PEG 160.40: above 1.0, so the P/E is bigger than the earnings growth rate

  • PEG 6.00×
  • PEG = 1.0 1.00×
PEG 160.40: above 1.0, so the P/E is bigger than the earnings growth rate
QuarterPEGPEG = 1.0
Q3 FY240.53×1.00×
Q4 FY240.50×1.00×
Q1 FY251.16×1.00×
Q2 FY251.63×1.00×
Q3 FY252.35×1.00×
Q4 FY256.00×1.00×
Q1 FY266.00×1.00×
PEG each quarter: the P/E divided by the yearly growth rate of earnings. The flat line marks 1.0. Below it the P/E is smaller than the growth rate; above it the P/E is bigger. Worked out here as the quarter-end P/E divided by the growth in earnings per share over the last 12 months (only quarters with positive growth), because a reported quarterly PEG is not available for this stock. Last 7 quarters; values above 6 are drawn at the top edge.
187.2×P/E · higher than 84% of its last 11 years
n/mPEG · cannot be worked out, because 3-year earnings growth is not available

Why the multiple is where it is: over the past year earnings per share moved −73.7% while the price moved −14.6%. The price did better than earnings, which pushed the multiple up within its own range.

Where the price move came from: over 5 years the price moved +61.1% a year; about +5.0% a year came from earnings growth and about +56.1 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple.

In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple.

Is the Avantel business getting better or worse?

Avantel Ltd's business is turning around. Profit growth has swung from −73.4% at its low to −41.4%, improving for 2 quarters in a row, with ROCE steady at 11.2%. This is based on 12 quarters of 4 measures.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Growth year by year: revenue −10.4% in FY26, profit −73.2%

  • Revenue growth −10.4%
Growth year by year: revenue −10.4% in FY26, profit −73.2%
QuarterRevenue growth
FY160%
FY1736%
FY1852.9%
FY19−1.9%
FY202%
FY2150%
FY2234.6%
FY2346.7%
FY2445.5%
FY2511.2%
FY26−10.4%

Profit growth, EPS growth

  • Profit growth −73.2%
  • EPS growth −73.7%
Profit growth, EPS growth
QuarterProfit growthEPS growth
FY160%−33.3%
FY170%50%
FY18300%300%
FY19−41.2%−45.5%
FY2010%13.9%
FY2136.4%41.5%
FY2220%17.2%
FY2350%50%
FY2496.3%96.1%
FY255.7%6.5%
FY26−73.2%−73.7%
Growth on the year before, each year, %. Top: revenue. Below: net profit and earnings per share, on their own scale because profit growth swings much more. Zero line drawn. Turnaround-year jumps are drawn at the edge (▲).

Three growth lines over twelve quarters: revenue accelerating, profit stabilising

  • Revenue 14.6%
Three growth lines over twelve quarters: revenue accelerating, profit stabilising
QuarterRevenue
Dec 202358.1%
Mar 202445.5%
Jun 20245.6%
Sep 20247.3%
Dec 20242.8%
Mar 202511%
Jun 202520.3%
Sep 2025−1.3%
Dec 2025−13.8%
Mar 2026−10.5%
Jun 2026−3.2%
Sep 202614.6%

Profit, EPS

  • Profit −41.4%
  • EPS −41.7%
Profit, EPS
QuarterProfitEPS
Dec 2023120.5%102.7%
Mar 202499.7%90.9%
Jun 202471.2%69.4%
Sep 202445.4%46.7%
Dec 202424.9%25.4%
Mar 20257.4%7.5%
Jun 20250.7%0.5%
Sep 2025−42.7%−43%
Dec 2025−73.9%−74.3%
Mar 2026−73.4%−73.8%
Jun 2026−67.2%−67.7%
Sep 2026−41.4%−41.7%
Growth on a year earlier, % at each quarter end. Top: revenue. Below: profit and earnings per share, on their own scale because they swing much more. Each is measured over the last 12 months. A gap means there is no reading for that quarter.

ROCE: the return line, worked out each quarter

  • ROCE 11.2%
ROCE: the return line, worked out each quarter
QuarterROCE
Dec 202365.5%
Mar 202453.7%
Jun 202452.8%
Sep 202449.2%
Dec 202453.1%
Mar 202538.7%
Jun 202536.1%
Sep 202519.8%
Dec 202511.5%
Mar 202610%
Jun 202611.4%
Sep 202611.2%
Operating profit over the last 12 months (before interest and tax) as a share of average capital employed (total assets minus current liabilities), %.
RisingRevenue growth · latest +14.6%, range −13.8% to +58.1%
RecoveringProfit growth · latest −41.4%, range −73.9% to +120.5%
RecoveringEPS growth · latest −41.7%, range −74.3% to +102.7%
Stuck lowROCE · latest 11.2%, range 10.0% to 65.5%

Why it matters: a turn in growth is often where a bigger change starts. The lines say a turn is forming, so the question is whether the next quarters confirm it.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the share price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Compound annual growth rate (%)
Measure1yr3yr5yr10yr
Revenue−10.4%+13.1%+23.4%+24.5%
Profit−73.2%−17.8%+0.0%+31.1%
EPS−73.7%−18.1%−0.7%+39.5%
Share price−14.6%+11.4%+61.1%+53.6%
+34.3%Revenue growth (Sep 2026) · latest quarter against a year ago
+59.5%Profit growth (Sep 2026) · latest quarter against a year ago
24.5%Revenue, 10 years · yearly growth over the long run

How much does Avantel earn on its capital?

Avantel Ltd earned a ROCE of 10% in FY26. That is up from a low of 0% in FY14. Its return on capital used (ROIC) is 6.2 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses.

Return on capital employed (ROCE) is the profit the whole business earns on all the money in it, from shareholders and lenders together. It is the best single test of whether growth adds value or just size.

It comes from a 6.7% net margin and 0.54× asset turnover (sales divided by assets).

Why the return is what it is (FY26): a 6.7% net margin × 0.54× asset turnover × 1.21× leverage (assets divided by equity) ≈ 4.4% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed.

The key test, return on capital used minus the cost of capital: 5.8% − 12.0% = −6.2 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve.

FY26: ROCE 10%, the climb back from FY14's 0%

  • ROCE 10%
  • ROIC (annual) 5.4%
  • Cost of capital 12%
FY26: ROCE 10%, the climb back from FY14's 0%
QuarterROCEROIC (annual)Cost of capital
FY0733%–12%
FY140%–12%
FY159%–12%
FY169%–12%
FY179%–12%
FY1829%–12%
FY1933%–12%
FY2029%–12%
FY2133%–12%
FY2229%29.3%12%
FY2335%25.7%12%
FY2447%34.7%12%
FY2537%26.2%12%
FY2610%5.4%12%
Return on capital employed each year, % (line); ROIC each year, % (line). 14-year window, low years included. The flat line is the 12.0% cost of capital used on this page.

Q2 FY27: ROCE 9.9% (last 12 months) against a 12.0% cost of capital

  • ROCE (12 months) 9.9%
  • ROIC (12 months) 6.1%
  • Cost of capital 12.0%
Q2 FY27: ROCE 9.9% (last 12 months) against a 12.0% cost of capital
QuarterROCE (12 months)ROIC (12 months)Cost of capital
Q3 FY24––12%
Q4 FY2443.5%38%12%
Q1 FY25–37.8%12%
Q2 FY2540.1%35.6%12%
Q3 FY25–35.5%12%
Q4 FY2531.6%33.7%12%
Q1 FY26–28.9%12%
Q2 FY2615.5%26%12%
Q3 FY26–15.6%12%
Q4 FY267.9%6.8%12%
Q1 FY27–5.7%12%
Q2 FY279.9%6.1%12%
ROCE and ROIC over the last 12 months, each quarter, %; the flat line is the cost of capital. Last 12 quarters, lined up with the yearly figure.

Does Avantel have too much debt?

Avantel Ltd has total debt of ₹107 Cr against shareholder equity of ₹348 Cr as of Sep 2026, so its debt is 0.31× its equity. Year by year, that ratio went from 0.19 in FY22 to 0.10 in FY26. Keep that borrowing in mind when reading the returns on this page.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

FY26: debt ₹34.0 Cr, 0.10× equity

  • Total debt ₹34.0
FY26: debt ₹34.0 Cr, 0.10× equity
QuarterTotal debt
FY22₹16
FY23₹30
FY24₹18
FY25₹26
FY26₹34

Debt-to-equity

  • Debt-to-equity 0.10×
Debt-to-equity
QuarterDebt-to-equity
FY220.19×
FY230.28×
FY240.11×
FY250.11×
FY260.10×
Top: total debt each year, ₹ Cr. Below: debt-to-equity, ×. 5-year window.

Sep 2026: debt ₹107 Cr, debt-to-equity 0.31

  • Total debt (quarterly) ₹107
Sep 2026: debt ₹107 Cr, debt-to-equity 0.31
QuarterTotal debt (quarterly)
Dec 2023₹20
Mar 2024₹18
Jun 2024₹18
Sep 2024₹17
Dec 2024₹17
Mar 2025₹26
Jun 2025₹26
Sep 2025₹31
Dec 2025₹31
Mar 2026₹34
Jun 2026₹34
Sep 2026₹107

Debt-to-equity

  • Debt-to-equity 0.31×
Debt-to-equity
QuarterDebt-to-equity
Dec 20230.15×
Mar 20240.11×
Jun 20240.11×
Sep 20240.09×
Dec 20240.09×
Mar 20250.11×
Jun 20250.11×
Sep 20250.10×
Dec 20250.10×
Mar 20260.10×
Jun 20260.10×
Sep 20260.31×
Top: total debt each quarter, ₹ Cr. Below: debt-to-equity, ×. Last 12 quarters. Indian companies report the full balance sheet every six months, so the quarter in between repeats the last reading.

What is the Avantel shareholding pattern?

Promoters cut their stake in Avantel Ltd by 3.2 percentage points over 8 quarters, the biggest change among its owners. Promoters now own 36.9% of the company. Domestic institutions moved +0.4 points over the same period, to 1.1%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings.

Who owns the company each quarter: promoters (the founders or controlling owners), foreign institutions, domestic institutions such as mutual funds, and the public. When people close to the business steadily raise their stake, that is worth noticing; a quiet list is also an answer.

Over the last two years: Promoters: −3.2 points over 8 quarters, to 36.9%; Domestic institutions: +0.4 points over 8 quarters, to 1.1%; Foreign institutions: +0.3 points over 8 quarters, to 0.4%.

Why the owners changed: promoters drove it (−3.2 points). They reduced their stake.

Year ends: promoters −3.0 points from Mar 2024 to Mar 2026

  • Promoters 37.04%
  • Foreign inst. 0.55%
  • Domestic inst. 0.92%
  • Public 61.48%
Year ends: promoters −3.0 points from Mar 2024 to Mar 2026
QuarterPromotersForeign inst.Domestic inst.Public
Mar 202440.06%0%0%59.94%
Mar 202538.57%0.48%0.43%60.52%
Mar 202637.04%0.55%0.92%61.48%
Shareholding at each year end (March quarter), % of the company. 3 year ends on file.

Promoters cut their stake by 3.2 points over 8 quarters

  • Promoters 36.85%
  • Foreign inst. 0.38%
  • Domestic inst. 1.07%
  • Public 61.7%
Promoters cut their stake by 3.2 points over 8 quarters
QuarterPromotersForeign inst.Domestic inst.Public
Sep 202340.1%0%0.01%59.89%
Dec 202340.1%0%0.01%59.89%
Mar 202440.06%0%0%59.94%
Jun 202440.06%0.01%0.36%59.56%
Sep 202440.06%0.11%0.65%59.18%
Dec 202438.58%0.18%0.92%60.33%
Mar 202538.57%0.48%0.43%60.52%
Jun 202537.15%0.47%0.18%62.2%
Sep 202537.15%0.66%0.16%62.03%
Dec 202537.08%0.6%0%62.32%
Mar 202637.04%0.55%0.92%61.48%
Jun 202637.04%1.54%1.14%60.28%
Sep 202636.85%0.38%1.07%61.7%
Shareholding by owner group, % of the company, each quarter, last 13 quarters.

How far is Avantel from balance-sheet trouble?

For Avantel Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

How does Avantel rank in its industry?

34.6 out of 100, rank 21 of 25 in Aerospace & Defence - Equipments, with 83% of the evidence available.

Avantel Ltd scores 34.6 out of 100 against the 25 companies it is compared with in Aerospace & Defence - Equipments, ranking 21. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.

The four parts add up to the total exactly: 13.6 + 9.8 + 8.9 + 2.3 = 34.6. This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.

Which companies is Avantel compared with?

Avantel ranks 21 of 25 Aerospace & Defence - Equipments companies on the 4-Factor Sector Score, with 34.6 out of 100.

  1. 1Apollo Micro Systems LtdAPOLLO · turning · Most evidence points up · 100% evidence70.2out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 28.9/35 · Revenue 77% · Profit 63.8% · Operating margin change 3 points · 100% evidenceCapital efficiency 15.7/25 · ROCE 14.5% · Operating margin 29% · 100% evidenceValuation 9.2/20 · P/E 107× · PEG 1.7 · 100% evidenceRelative strength 16.4/20 · Lead over its industry 10% · Lead over NIFTY 500 31% · 1 year 44.1% · 100% evidence · 4 of 12 weeks aheadExact sum: 28.9 + 15.7 + 9.2 + 16.4 = 70.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  2. 2MTAR Technologies LtdMTARTECH · breaking out · Most evidence points up · 90% evidence70.1out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 32.3/35 · Revenue 53.5% · Profit 100% · Operating margin change 10.2 points · 100% evidenceCapital efficiency 15.5/25 · ROCE 15.1% · Operating margin 23.2% · 100% evidenceValuation 7.4/20 · P/E 155× · PEG — · 50% evidenceRelative strength 14.9/20 · Lead over its industry 18.6% · Lead over NIFTY 500 37.1% · 1 year 168.4% · 100% evidence · 5 of 12 weeks aheadExact sum: 32.3 + 15.5 + 7.4 + 14.9 = 70.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  3. 3Paras Defence and Space Technologies LtdPARAS · breaking out · Evidence leans up · 82% evidence63.9out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 24.4/35 · Revenue 41.5% · Profit 58.8% · Operating margin change 1 points · 95% evidenceCapital efficiency 17.5/25 · ROCE 17.2% · Operating margin 29% · 76% evidenceValuation 8.7/20 · P/E 98.6× · PEG — · 50% evidenceRelative strength 13.3/20 · Lead over its industry 17.1% · Lead over NIFTY 500 37.9% · 1 year 76.3% · 100% evidence · 10 of 12 weeks aheadExact sum: 24.4 + 17.5 + 8.7 + 13.3 = 63.9 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks.
  4. 4Rossell Techsys LtdROSSTECH · leader · Evidence leans up · 79% evidence63.9out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 27.5/35 · Revenue 82.9% · Profit 68.8% · Operating margin change 1.8 points · 88% evidenceCapital efficiency 8.1/25 · ROCE 11.5% · Operating margin 14.4% · 100% evidenceValuation 8.8/20 · P/E 194× · PEG — · 15% evidenceRelative strength 19.5/20 · Lead over its industry 28.7% · Lead over NIFTY 500 52.7% · 1 year 107.2% · 100% evidence · 11 of 12 weeks aheadExact sum: 27.5 + 8.1 + 8.8 + 19.5 = 63.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  5. 5Sigma Advanced System LtdSIGMAADV · leader · Evidence leans up · 78% evidence58.1out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 26.4/35 · Revenue 100% · Profit 20.3% · Operating margin change 307 points · 83% evidenceCapital efficiency 9.8/25 · ROCE 11.7% · Operating margin 16% · 76% evidenceValuation 6.9/20 · P/E 102× · PEG — · 50% evidenceRelative strength 15.0/20 · Lead over its industry 96.2% · Lead over NIFTY 500 116.7% · 1 year 318.8% · 100% evidence · 12 of 12 weeks aheadExact sum: 26.4 + 9.8 + 6.9 + 15 = 58.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  6. 6Azad Engineering LtdAZAD · leader · Evidence leans up · 89% evidence57.4out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 21.0/35 · Revenue 29% · Profit 41.4% · Operating margin change 1 points · 88% evidenceCapital efficiency 12.5/25 · ROCE 11.9% · Operating margin 37% · 100% evidenceValuation 9.0/20 · P/E 114× · PEG 1.94 · 65% evidenceRelative strength 14.9/20 · Lead over its industry 4.2% · Lead over NIFTY 500 24.6% · 1 year 44.1% · 100% evidence · 12 of 12 weeks aheadExact sum: 21 + 12.5 + 9 + 14.9 = 57.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  7. 7Jaykay Enterprises LtdJAYKAY · breaking out · Too little evidence to rank firmly · 51% evidence56.4out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 34.3/43.75 · Revenue 100% · Profit 100% · Operating margin change 1.8 points · 83% evidenceCapital efficiency 9.2/31.25 · ROCE 4.8% · Operating margin 14.2% · 76% evidenceValuation 12.9/25 · P/E 72.3× · PEG — · 15% evidenceRelative strength: no reading this week · its 20 points are shared across the other threeExact sum: 34.3 + 9.2 + 12.9 = 56.4 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
  8. 8Sika Interplant Systems LtdSIKA · quiet · Evidence leans up · 81% evidence55.5out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 13.1/35 · Revenue 0.5% · Profit 9.8% · Operating margin change 1.1 points · 88% evidenceCapital efficiency 21.7/25 · ROCE 34.6% · Operating margin 19.5% · 100% evidenceValuation 12.9/20 · P/E 51.9× · PEG 1.01 · 100% evidenceRelative strength 7.8/20 · Lead over its industry — · Lead over NIFTY 500 -9.8% · 1 year -27.7% · 25% evidence · 5 of 12 weeks aheadExact sum: 13.1 + 21.7 + 12.9 + 7.8 = 55.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  9. 9Data Patterns (India) LtdDATAPATTNS · quiet · Evidence leans up · 96% evidence55.0out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 20.8/35 · Revenue 33.9% · Profit 24.2% · Operating margin change -5 points · 88% evidenceCapital efficiency 21.3/25 · ROCE 21.9% · Operating margin 27% · 100% evidenceValuation 7.4/20 · P/E 78.7× · PEG 3.94 · 100% evidenceRelative strength 5.5/20 · Lead over its industry -9.4% · Lead over NIFTY 500 8.8% · 1 year 38.5% · 100% evidence · 5 of 12 weeks aheadExact sum: 20.8 + 21.3 + 7.4 + 5.5 = 55 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  10. 10High Energy Batteries (India) Ltdlosing its lead · Evidence leans up · 72% evidence53.1out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 12.9/35 · Revenue 1.5% · Profit -3.5% · Operating margin change 32.4 points · 95% evidenceCapital efficiency 19.5/25 · ROCE 20.4% · Operating margin 28.1% · 95% evidenceValuation 11.8/20 · P/E 27.3× · PEG — · 50% evidenceRelative strength 8.9/20 · Lead over its industry — · Lead over NIFTY 500 -2% · 1 year — · 25% evidence · 7 of 11 weeks aheadExact sum: 12.9 + 19.5 + 11.8 + 8.9 = 53.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  11. 11Hindustan Aeronautics LtdHAL · breaking out · Evidence leans up · 96% evidence52.3out of 100GrowthCapitalValuationRelative
  12. 12Dynamatic Technologies LtdDYNAMATECH · breaking out · Evidence leans up · 79% evidence50.9out of 100GrowthCapitalValuationRelative
  13. 13Bharat Electronics LtdBEL · turning · Evidence leans up · 100% evidence50.7out of 100GrowthCapitalValuationRelative
  14. 14Astra Microwave Products LtdASTRAMICRO · quiet · Evidence leans down · 96% evidence47.8out of 100GrowthCapitalValuationRelative
  15. 15Zen Technologies LtdZENTEC · turning · Evidence leans down · 60% evidence47.6out of 100GrowthCapitalValuationRelative
  16. 16Mishra Dhatu Nigam LtdMIDHANI · losing its lead · Evidence leans down · 96% evidence42.4out of 100GrowthCapitalValuationRelative
  17. 17AXISCADES Technologies LtdAXISCADES · breaking out · Evidence leans down · 89% evidence41.5out of 100GrowthCapitalValuationRelative
  18. 18Ideaforge Technology LtdIDEAFORGE · quiet · Evidence leans down · 71% evidence41.5out of 100GrowthCapitalValuationRelative
  19. 19BEML LtdBEML · breaking out · Evidence leans down · 88% evidence40.8out of 100GrowthCapitalValuationRelative
  20. 20Bharat Dynamics LtdBDL · basing · Evidence leans down · 96% evidence35.4out of 100GrowthCapitalValuationRelative
  21. 21Avantel Ltd this pageAVANTEL · basing · Most evidence points down · 83% evidence34.6out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 13.6/35 · Revenue 14.6% · Profit -41.4% · Operating margin change 7.6 points · 100% evidenceCapital efficiency 9.8/25 · ROCE 9.6% · Operating margin 28% · 100% evidenceValuation 8.9/20 · P/E 182× · PEG — · 15% evidenceRelative strength 2.3/20 · Lead over its industry -26% · Lead over NIFTY 500 -8.3% · 1 year -21.2% · 100% evidence · 0 of 12 weeks aheadExact sum: 13.6 + 9.8 + 8.9 + 2.3 = 34.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  22. 22Aequs LtdAEQUS · losing its lead · Too little evidence to rank firmly · 51% evidence28.8out of 100GrowthCapitalValuationRelative
  23. 23NIBE LtdNIBE · quiet · Too little evidence to rank firmly · 53% evidence27.8out of 100GrowthCapitalValuationRelative
  24. 24DCX Systems LtdDCXINDIA · quiet · Most evidence points down · 61% evidence23.7out of 100GrowthCapitalValuationRelative
  25. 25Vinyas Innovative Technologies LtdVINYAS · turning · Too little evidence to rank firmly · 44% evidence62.0out of 100GrowthCapitalValuationRelative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.

Related companies: Aerospace & Defence - Equipments, all 25 compared on one page.

Which companies are close to Avantel in size?

Avantel is the 18th largest of 25 Aerospace & Defence - Equipments companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Dynamatic Technologies, Mishra Dhatu Nigam and Rossell Techsys. Just below it: Ideaforge Technology, Jaykay Enterprises and Vinyas Innovative Technologies.

Aerospace & Defence - Equipments companies close in size

  1. Dynamatic Technologies Ltd ₹7,878 crore
  2. Mishra Dhatu Nigam Ltd ₹6,758 crore
  3. Rossell Techsys Ltd ₹5,128 crore
  4. Avantel Ltd ₹3,583 crore
  5. Ideaforge Technology Ltd ₹3,125 crore
  6. Jaykay Enterprises Ltd ₹2,947 crore
  7. Vinyas Innovative Technologies Ltd ₹1,866 crore

All 25 Aerospace & Defence - Equipments companies, largest first

Companies close in size in other industries

  1. Kalyani Steels Ltd ₹3,592 crore · Steel Products
  2. Sindhu Trade Links Ltd ₹3,591 crore · Logistics
  3. Avantel Ltd ₹3,583 crore
  4. Jindal Worldwide Ltd ₹3,567 crore · Textiles - General
  5. Rallis India Ltd ₹3,566 crore · Pesticides/Agrochemicals

What else do people ask about Avantel?

What is Avantel's share price today?

Avantel Ltd's share price is ₹138.82, −14.6% over the past year. The whole company is worth ₹3,684 Cr on the market.

In the last 52 weeks it traded between ₹124 to ₹180; today it is 26% of the way up from the low, 10.6% below its 200-day average (as of 4 November 2026).

What were Avantel's latest quarterly results?

Avantel Ltd reported revenue of ₹74.4 Cr and net profit of ₹6.8 Cr for the Sep 2026 quarter. Revenue rose 34.3% and profit rose 59.5% compared with a year earlier. Earnings per share were ₹0.26.

The operating margin was 28.0%, 7.6 percentage points higher than a year earlier (as of 4 November 2026).

What is Avantel's market cap?

Avantel Ltd's market capitalisation is ₹3,684 Cr at a share price of ₹138.82. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026).

How is Avantel performing?

Avantel Ltd's share price has been falling for 5 weeks. In its latest quarter, revenue rose 34.3% and profit rose 59.5% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 16 weeks running (as of 4 November 2026).

Will Avantel's share price go up?

This page does not forecast Avantel Ltd's share price. What it shows instead: the share price is ₹138.82, and it has been falling for 5 weeks. Its P/E of 187.2× is higher than 84% of its own last 11 years (as of 4 November 2026).

Does Avantel have too much debt?

No, Avantel Ltd has little debt: its debt is 0.10× its equity, and its operating profit is 8 times its interest bill. FY26 borrowings were ₹34.0 Cr against equity of ₹338 Cr. So the returns on this page come from the business, not borrowed money (as of 4 November 2026).

Where is Avantel in its business cycle?

Avantel Ltd's FY26 operating margin was 22.0%, against a 15-year range of 11.0% to 37.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 28.0%.

Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026).

What could break the Avantel story?

The main question: the share price moved −14.6% in a year while yearly earnings per share moved −73.7%. The difference came from the market paying a higher multiple.

On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026).

Is Avantel a stock worth studying right now?

What the numbers show: Avantel Ltd's share price has risen faster than its earnings: −14.6% in a year, against −73.7% for earnings per share. The main open question: whether earnings grow into a price that has already moved.

Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026).

Where do these numbers come from?

Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

See the plain-text version of this page.

More lists

Every Sector Alpha list, grouped

X · Instagram · YouTube · About · Newsletter · Newsletter archive
This is research, not advice. We’re not SEBI-registered.