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Order Wins · Defence · Small cap

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.
Mkt cap₹4,562 cr
P/E307.38×
ROE4.39%
Debt / eq.0.10
Div yld0.12%
₹83.80 cr Firm purchase order for satellite communication equipment

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.
Mentioned: Zetwerk Manufacturing Businesses Limited · ₹83.80 cr · March 2026 rate contract
Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Company snapshot

Avantel Ltd.

Defence
₹4,732 cr
P/E 318.81×

Latest quarter · Mar 2026

Sales₹64 cr
Net profit₹5 cr
Op. margin+21.3%
EPS₹0.18

Strength & growth

Debt / equity0.10×
Current ratio3.72×
Sales CAGR+24.7%
EPS CAGR+38.3%
  1. 30 Jun 2026 · 1:33 PM IST Avantel lands ₹84 cr satcom order from Zetwerk
  2. 42d ago Avantel lands ₹28 cr Coast Guard order, second government win this month