Avantel lands ₹84 cr satcom order from Zetwerk
The order, under a rate contract from March 2026, is likely over 30% of annual revenue and must be executed by March 2027.
— 1 earlier story on Avantel Ltd. →What's new
- Avantel gets ₹83.80 cr order from Zetwerk Manufacturing for satellite communication gear.
- The order is under a rate contract awarded in March 2026, execution by March 2027.
- It is a domestic private sector win, adding to a strong order pipeline.
Why this matters
At likely over 30% of annual revenue, this single order gives meaningful near-term revenue visibility. For a company with trailing PAT down 21.6% and a P/E of 307x, an order of this scale could prompt upward estimate revisions.
What we're watching
- Execution pace: the one-year warranty implies deliveries spread over the coming year.
- Whether more orders follow from the same rate contract.
- Any impact on FY26/FY27 revenue guidance in the next concall.
The full read
Avantel has secured a ₹83.80 crore firm order from Zetwerk Manufacturing for satellite communication equipment. The order is placed under a rate contract awarded in March 2026 and must be delivered by March 2027 with a one-year onsite warranty. At likely over 30% of Avantel's annual revenue, this is a material top-line boost from a domestic private client — a shift from recent government wins like the ₹28 crore Coast Guard order in May. For a company with trailing PAT down 21.6% and a P/E of 307x, booking large orders is critical. This one adds to an already strong pipeline and gives analysts a reason to lift revenue estimates. The key now is execution.
Questions answered
- How large is this order relative to Avantel's revenue?
- Based on prior disclosures, the ₹83.80 cr order likely exceeds 30% of Avantel's annual revenue, making it a material addition to the order book.
- When was the rate contract awarded?
- The rate contract was awarded in March 2026, and this purchase order is placed under that contract with a delivery deadline of March 2027.
- Who is the counterparty?
- Zetwerk Manufacturing Businesses Limited, a domestic private sector company.
- What is the equipment being supplied?
- Satellite communication equipment, including a one-year onsite warranty.
Avantel Ltd.
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All notes on AVANTEL →- 30 Jun 2026 · 1:33 PM IST Avantel lands ₹84 cr satcom order from Zetwerk
- 42d ago Avantel lands ₹28 cr Coast Guard order, second government win this month