Avantel Ltd

NSE: AVANTEL BSE: 532406

₹147.59

(1.79%)

Mon, 12 Oct 2026, 06:57 am

MTF 5xInvest in Avantel Ltd with 5x Leverage Buy with MTF

Market Cap (in Cr)3990.62

PE Ratio228.08

Dividend0.13

Electronic Technology

Telecommunications Equipment

24.5K

Avantel Balance Sheet

Income Statement Balance Sheet Cashflow

Particulars	2005	2006	2007	2008	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Interest expense on debt	-4.61M	-5.75M	-688.89K	-926.94K	-1.57M	-2.82M	-3.85M	-8.00M	-11.23M	-17.64M	-19.43M	-15.18M	-5.17M	-5.80M	-8.53M	-15.14M	-15.13M	-48.63M	-41.78M	-30.46M
Pretax equity in earnings	0	0	0	0	0	0	—	0	0	0	0	0	0	0	0	0	0	0	0	0
Equity in earnings	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total assets	209.30M	193.87M	224.73M	243.60M	189.70M	243.97M	252.74M	329.53M	338.10M	316.95M	322.97M	338.51M	430.42M	472.78M	668.86M	877.60M	1.10B	1.50B	2.17B	2.91B
Total current assets	138.95M	118.09M	159.08M	180.81M	134.29M	154.31M	135.89M	160.64M	175.76M	171.53M	180.75M	186.50M	295.49M	341.37M	493.19M	647.47M	716.02M	1.08B	1.46B	1.67B
Cash and short term investments	35.01M	10.38M	29.12M	25.57M	11.88M	6.48M	3.76M	13.05M	4.00M	4.50M	4.54M	3.20M	109.63M	101.01M	79.24M	429.71M	13.33M	12.52M	132.86M	77.66M
Cash & equivalents	25.08M	2.10M	2.70M	1.87M	9.27M	4.17M	1.98M	9.11M	4.00M	4.50M	4.54M	967.06K	6.89M	3.97M	5.11M	9.21M	6.61M	4.03M	105.01M	65.66M
Short term investments	9.93M	8.27M	26.42M	23.69M	2.61M	2.31M	1.78M	3.94M	0	3.21M	3.44M	2.23M	102.74M	97.04M	74.13M	420.49M	6.72M	8.49M	27.85M	12.00M
Total receivables, net	60.90M	59.35M	73.01M	86.59M	69.33M	86.68M	72.97M	116.85M	43.62M	50.87M	45.15M	97.21M	94.73M	199.08M	304.51M	137.36M	364.95M	399.88M	647.76M	719.48M
Accounts receivable - trade, net	59.02M	57.75M	67.27M	81.51M	66.60M	85.43M	71.36M	116.62M	43.13M	46.12M	40.92M	96.25M	89.16M	192.59M	296.50M	130.70M	361.57M	398.38M	641.76M	712.39M
Other receivables	1.88M	1.60M	5.74M	5.08M	2.74M	1.24M	1.62M	234.28K	490.42K	4.75M	4.22M	964.65K	5.57M	6.49M	8.01M	6.66M	3.38M	1.50M	6.00M	7.09M
Total inventory	36.13M	38.25M	34.71M	25.11M	21.36M	40.40M	51.24M	11.61M	121.27M	109.93M	125.65M	77.72M	69.59M	30.97M	87.14M	44.70M	242.55M	491.59M	542.28M	715.85M
Other current assets, total	2.24M	4.50M	1.15M	502.86K	420.05K	4.30M	4.12M	3.46M	1.30M	2.78M	2.68M	2.46M	14.57M	5.18M	14.74M	21.39M	86.77M	166.65M	128.08M	139.03M
Total non-current assets	70.34M	75.78M	65.65M	62.79M	55.41M	89.66M	116.85M	168.89M	162.33M	145.42M	142.22M	152.02M	134.93M	131.41M	175.67M	230.13M	384.17M	426.21M	710.35M	1.24B
Long term investments	0	0	0	0	0	0	1.69M	2.13M	4.58M	726.30K	4.08M	13.11M	10.59M	10.47M	29.53M	48.61M	32.59M	18.97M	27.83M	29.34M
Note receivable - long term	—	—	—	—	—	—	—	574.10K	575.90K	726.30K	809.90K	8.17M	161.19K	0	4.20M	571.74K	—	—	—	—
Investments in unconsolidated subsidiaries	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other investments	0	0	0	0	0	0	1.69M	1.55M	4.00M	0	3.27M	4.94M	10.43M	10.47M	25.33M	48.04M	32.59M	18.97M	27.83M	29.34M
Net property/plant/equipment	70.34M	75.78M	65.54M	62.69M	55.41M	89.66M	113.43M	163.69M	153.89M	136.94M	133.91M	133.02M	120.98M	117.38M	142.21M	167.62M	336.79M	398.07M	665.08M	1.19B
Gross property/plant/equipment	113.13M	126.76M	125.87M	129.65M	134.88M	169.98M	203.37M	256.87M	267.70M	267.92M	282.35M	150.76M	151.36M	167.71M	213.29M	263.02M	468.33M	582.98M	910.86M	1.54B
Deferred tax assets	—	—	107.80K	95.03K	—	—	1.73M	3.07M	3.86M	3.60M	4.23M	4.86M	0	0	0	9.97M	10.23M	9.17M	17.44M	15.59M
Net intangible assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Goodwill, net	—	—	—	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other intangibles, net	—	—	—	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other long term assets, total	0	0	0	0	0	0	0	0	0	4.16M	0	1.03M	3.36M	3.55M	3.92M	3.94M	4.56M	0	0	0
Short term debt	1.00M	0	0	0	0	23.06M	26.12M	37.58M	50.43M	58.37M	70.37M	100.43M	0	0	0	0	128.66M	279.03M	115.04M	91.09M
Current portion of LT debt and capital leases	—	0	0	0	0	0	0	0	0	10.20M	10.20M	10.20M	0	0	0	0	0	0	0	0
Short term debt excl. current portion of LT debt	1.00M	0	0	0	0	23.06M	26.12M	37.58M	50.43M	48.17M	60.17M	90.23M	0	0	0	0	128.66M	279.03M	115.04M	91.09M
Accounts payable	82.56M	34.61M	16.49M	10.93M	8.19M	5.72M	6.71M	2.47M	10.61M	4.72M	3.22M	5.06M	20.51M	1.68M	15.55M	3.28M	7.06M	30.54M	58.38M	41.52M
Income tax payable	1.70M	9.49M	33.73M	42.88M	12.30M	18.54M	9.30M	17.34M	0	2.94M	1.25M	2.34M	0	1.35M	472.49K	0	179.00K	17.37M	82.43M	8.57M
Long term debt	1.30M	1.30M	1.30M	1.38M	0	0	0	0	54.90M	34.50M	24.30M	14.10M	0	0	32.84M	30.63M	27.85M	24.41M	60.02M	172.19M
Long term debt excl. lease liabilities	1.30M	1.30M	1.30M	1.38M	0	0	0	0	54.90M	34.50M	24.30M	14.10M	0	0	32.84M	30.63M	27.85M	24.41M	60.02M	172.19M
Total equity	115.10M	129.68M	157.31M	174.10M	158.26M	173.79M	187.18M	238.47M	207.10M	197.16M	197.42M	206.30M	369.58M	430.44M	516.74M	662.40M	825.19M	1.07B	1.64B	2.37B
Shareholders' equity	115.10M	129.68M	157.31M	174.10M	158.26M	173.79M	187.18M	238.47M	207.10M	197.16M	197.42M	206.30M	369.58M	430.44M	516.74M	662.40M	825.19M	1.07B	1.64B	2.37B
Common equity, total	115.10M	129.68M	157.31M	174.10M	158.26M	173.79M	187.18M	238.47M	207.10M	197.16M	197.42M	206.30M	369.58M	430.44M	516.74M	662.40M	825.19M	1.07B	1.64B	2.37B
Other common equity	26.13M	40.71M	68.34M	85.13M	91.17M	106.70M	134.41M	185.70M	69.26M	59.00M	58.20M	45.58M	45.58M	45.58M	45.58M	45.58M	45.58M	0	60.72M	133.07M
Total debt	2.30M	1.30M	1.30M	1.38M	0	23.06M	26.12M	37.58M	105.33M	92.87M	94.67M	114.53M	0	0	32.84M	30.63M	156.51M	303.44M	175.05M	263.28M
Net debt	-32.71M	-9.07M	-27.81M	-24.18M	—	16.58M	22.35M	24.53M	101.33M	88.37M	90.13M	111.33M	-109.63M	-101.01M	-46.40M	-399.08M	143.18M	290.93M	42.19M	185.62M
Change in accounts receivable	-25.54M	-2.10M	-26.56M	-34.24M	15.85M	-6.27M	14.08M	-43.11M	73.49M	-2.99M	5.20M	-63.50M	15.14M	-103.30M	-108.11M	169.43M	-229.95M	-36.82M	-243.38M	-70.63M
Change in taxes payable	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	72.76M	-48.31M	—	—	—	0	643.76K	-3.89M	8.14M	-5.89M	-1.50M	1.84M	15.45M	-18.84M	13.87M	-12.27M	3.79M	23.48M	27.85M	-16.87M
Change in other assets/liabilities	670.95K	97.56K	-18.97M	-3.50M	-3.51M	6.71M	-6.46M	6.76M	-3.91M	-9.72M	14.33M	-9.99M	-10.00M	4.03M	21.47M	75.45M	-186.79M	-74.46M	130.22M	-38.67M
Sale of fixed assets & businesses	12.00K	131.50K	1.26M	135.00K	535.00K	382.50K	0	25.87M	18.00K	19.01M	600.00K	290.25K	176.01M	169.64K	797.62K	1.08M	0	0	14.09M	139.32M
Purchase/sale of investments, net	0	—	2.40M	0	0	0	0	0	0	0	0	0	-108.57M	5.38M	7.37M	-368.90M	428.38M	16.25M	-120.56M	62.48M
Sale/maturity of investments	0	—	2.40M	0	0	0	0	0	0	0	0	0	0	5.38M	7.37M	0	428.38M	16.25M	—	62.48M
Purchase of investments	0	—	0	0	0	0	0	0	0	0	0	0	-108.57M	0	0	-368.90M	0	0	-120.56M	0
Other investing cash flow items, total	66.67K	327.49K	1.61M	389.69K	-16.37M	52.26K	273.47K	1.81M	1.29M	160.49K	254.27K	-704.41K	0	0	0	0	0	0	0	0
Issuance/retirement of debt, net	-25.97M	—	0	80.46K	-1.38M	23.06M	-791.68K	11.46M	12.84M	-12.45M	1.80M	19.14M	-104.33M	0	0	0	128.66M	150.37M	-164.00M	96.06M
Issuance/retirement of long term debt	-140.04K	—	0	80.46K	-1.38M	23.06M	3.06M	0	0	-10.20M	-10.20M	19.14M	0	0	0	0	0	0	0	120.00M
Issuance/retirement of short term debt	-25.83M	—	0	0	0	—	-3.85M	11.46M	12.84M	-2.25M	12.00M	29.90M	0	0	0	0	128.66M	150.37M	0	-23.95M
Issuance/retirement of other debt	—	—	—	—	—	—	—	—	—	—	—	—	-104.33M	0	—	—	—	—	-164.00M	—
Total cash dividends paid	0	0	-5.15M	-9.04M	-6.88M	-5.51M	-8.23M	-10.42M	-12.23M	0	-7.32M	-4.88M	-9.76M	-34.22M	-19.55M	-8.11M	-16.22M	-16.22M	-16.22M	-48.65M
Other financing cash flow items, total	27.50K	-1.00M	-875.70K	-2.01M	-24.99M	0	0	0	32.98M	-11.92M	0	0	0	0	0	0	0	0	0	73.31M

Particulars	2005	2006	2007	2008	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Interest expense on debt	-4.61M	-5.75M	-688.89K	-926.94K	-1.57M	-2.82M	-3.85M	-8.00M	-11.23M	-17.64M	-19.43M	-15.18M	-5.17M	-5.80M	-8.53M	-15.14M	-15.13M	-48.63M	-41.78M	-30.46M
Pretax equity in earnings	0	0	0	0	0	0	—	0	0	0	0	0	0	0	0	0	0	0	0	0
Equity in earnings	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total assets	209.30M	193.87M	224.73M	243.60M	189.70M	243.97M	252.74M	329.53M	338.10M	316.95M	322.97M	338.51M	430.42M	472.78M	668.86M	877.60M	1.10B	1.50B	2.17B	2.91B
Total current assets	138.95M	118.09M	159.08M	180.81M	134.29M	154.31M	135.89M	160.64M	175.76M	171.53M	180.75M	186.50M	295.49M	341.37M	493.19M	647.47M	716.02M	1.08B	1.46B	1.67B
Cash and short term investments	35.01M	10.38M	29.12M	25.57M	11.88M	6.48M	3.76M	13.05M	4.00M	4.50M	4.54M	3.20M	109.63M	101.01M	79.24M	429.71M	13.33M	12.52M	132.86M	77.66M
Cash & equivalents	25.08M	2.10M	2.70M	1.87M	9.27M	4.17M	1.98M	9.11M	4.00M	4.50M	4.54M	967.06K	6.89M	3.97M	5.11M	9.21M	6.61M	4.03M	105.01M	65.66M
Short term investments	9.93M	8.27M	26.42M	23.69M	2.61M	2.31M	1.78M	3.94M	0	3.21M	3.44M	2.23M	102.74M	97.04M	74.13M	420.49M	6.72M	8.49M	27.85M	12.00M
Total receivables, net	60.90M	59.35M	73.01M	86.59M	69.33M	86.68M	72.97M	116.85M	43.62M	50.87M	45.15M	97.21M	94.73M	199.08M	304.51M	137.36M	364.95M	399.88M	647.76M	719.48M
Accounts receivable - trade, net	59.02M	57.75M	67.27M	81.51M	66.60M	85.43M	71.36M	116.62M	43.13M	46.12M	40.92M	96.25M	89.16M	192.59M	296.50M	130.70M	361.57M	398.38M	641.76M	712.39M
Other receivables	1.88M	1.60M	5.74M	5.08M	2.74M	1.24M	1.62M	234.28K	490.42K	4.75M	4.22M	964.65K	5.57M	6.49M	8.01M	6.66M	3.38M	1.50M	6.00M	7.09M
Total inventory	36.13M	38.25M	34.71M	25.11M	21.36M	40.40M	51.24M	11.61M	121.27M	109.93M	125.65M	77.72M	69.59M	30.97M	87.14M	44.70M	242.55M	491.59M	542.28M	715.85M
Other current assets, total	2.24M	4.50M	1.15M	502.86K	420.05K	4.30M	4.12M	3.46M	1.30M	2.78M	2.68M	2.46M	14.57M	5.18M	14.74M	21.39M	86.77M	166.65M	128.08M	139.03M
Total non-current assets	70.34M	75.78M	65.65M	62.79M	55.41M	89.66M	116.85M	168.89M	162.33M	145.42M	142.22M	152.02M	134.93M	131.41M	175.67M	230.13M	384.17M	426.21M	710.35M	1.24B
Long term investments	0	0	0	0	0	0	1.69M	2.13M	4.58M	726.30K	4.08M	13.11M	10.59M	10.47M	29.53M	48.61M	32.59M	18.97M	27.83M	29.34M
Note receivable - long term	—	—	—	—	—	—	—	574.10K	575.90K	726.30K	809.90K	8.17M	161.19K	0	4.20M	571.74K	—	—	—	—
Investments in unconsolidated subsidiaries	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other investments	0	0	0	0	0	0	1.69M	1.55M	4.00M	0	3.27M	4.94M	10.43M	10.47M	25.33M	48.04M	32.59M	18.97M	27.83M	29.34M
Net property/plant/equipment	70.34M	75.78M	65.54M	62.69M	55.41M	89.66M	113.43M	163.69M	153.89M	136.94M	133.91M	133.02M	120.98M	117.38M	142.21M	167.62M	336.79M	398.07M	665.08M	1.19B
Gross property/plant/equipment	113.13M	126.76M	125.87M	129.65M	134.88M	169.98M	203.37M	256.87M	267.70M	267.92M	282.35M	150.76M	151.36M	167.71M	213.29M	263.02M	468.33M	582.98M	910.86M	1.54B
Deferred tax assets	—	—	107.80K	95.03K	—	—	1.73M	3.07M	3.86M	3.60M	4.23M	4.86M	0	0	0	9.97M	10.23M	9.17M	17.44M	15.59M
Net intangible assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Goodwill, net	—	—	—	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other intangibles, net	—	—	—	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other long term assets, total	0	0	0	0	0	0	0	0	0	4.16M	0	1.03M	3.36M	3.55M	3.92M	3.94M	4.56M	0	0	0
Short term debt	1.00M	0	0	0	0	23.06M	26.12M	37.58M	50.43M	58.37M	70.37M	100.43M	0	0	0	0	128.66M	279.03M	115.04M	91.09M
Current portion of LT debt and capital leases	—	0	0	0	0	0	0	0	0	10.20M	10.20M	10.20M	0	0	0	0	0	0	0	0
Short term debt excl. current portion of LT debt	1.00M	0	0	0	0	23.06M	26.12M	37.58M	50.43M	48.17M	60.17M	90.23M	0	0	0	0	128.66M	279.03M	115.04M	91.09M
Accounts payable	82.56M	34.61M	16.49M	10.93M	8.19M	5.72M	6.71M	2.47M	10.61M	4.72M	3.22M	5.06M	20.51M	1.68M	15.55M	3.28M	7.06M	30.54M	58.38M	41.52M
Income tax payable	1.70M	9.49M	33.73M	42.88M	12.30M	18.54M	9.30M	17.34M	0	2.94M	1.25M	2.34M	0	1.35M	472.49K	0	179.00K	17.37M	82.43M	8.57M
Long term debt	1.30M	1.30M	1.30M	1.38M	0	0	0	0	54.90M	34.50M	24.30M	14.10M	0	0	32.84M	30.63M	27.85M	24.41M	60.02M	172.19M
Long term debt excl. lease liabilities	1.30M	1.30M	1.30M	1.38M	0	0	0	0	54.90M	34.50M	24.30M	14.10M	0	0	32.84M	30.63M	27.85M	24.41M	60.02M	172.19M
Total equity	115.10M	129.68M	157.31M	174.10M	158.26M	173.79M	187.18M	238.47M	207.10M	197.16M	197.42M	206.30M	369.58M	430.44M	516.74M	662.40M	825.19M	1.07B	1.64B	2.37B
Shareholders' equity	115.10M	129.68M	157.31M	174.10M	158.26M	173.79M	187.18M	238.47M	207.10M	197.16M	197.42M	206.30M	369.58M	430.44M	516.74M	662.40M	825.19M	1.07B	1.64B	2.37B
Common equity, total	115.10M	129.68M	157.31M	174.10M	158.26M	173.79M	187.18M	238.47M	207.10M	197.16M	197.42M	206.30M	369.58M	430.44M	516.74M	662.40M	825.19M	1.07B	1.64B	2.37B
Other common equity	26.13M	40.71M	68.34M	85.13M	91.17M	106.70M	134.41M	185.70M	69.26M	59.00M	58.20M	45.58M	45.58M	45.58M	45.58M	45.58M	45.58M	0	60.72M	133.07M
Total debt	2.30M	1.30M	1.30M	1.38M	0	23.06M	26.12M	37.58M	105.33M	92.87M	94.67M	114.53M	0	0	32.84M	30.63M	156.51M	303.44M	175.05M	263.28M
Net debt	-32.71M	-9.07M	-27.81M	-24.18M	—	16.58M	22.35M	24.53M	101.33M	88.37M	90.13M	111.33M	-109.63M	-101.01M	-46.40M	-399.08M	143.18M	290.93M	42.19M	185.62M
Change in accounts receivable	-25.54M	-2.10M	-26.56M	-34.24M	15.85M	-6.27M	14.08M	-43.11M	73.49M	-2.99M	5.20M	-63.50M	15.14M	-103.30M	-108.11M	169.43M	-229.95M	-36.82M	-243.38M	-70.63M
Change in taxes payable	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	72.76M	-48.31M	—	—	—	0	643.76K	-3.89M	8.14M	-5.89M	-1.50M	1.84M	15.45M	-18.84M	13.87M	-12.27M	3.79M	23.48M	27.85M	-16.87M
Change in other assets/liabilities	670.95K	97.56K	-18.97M	-3.50M	-3.51M	6.71M	-6.46M	6.76M	-3.91M	-9.72M	14.33M	-9.99M	-10.00M	4.03M	21.47M	75.45M	-186.79M	-74.46M	130.22M	-38.67M
Sale of fixed assets & businesses	12.00K	131.50K	1.26M	135.00K	535.00K	382.50K	0	25.87M	18.00K	19.01M	600.00K	290.25K	176.01M	169.64K	797.62K	1.08M	0	0	14.09M	139.32M
Purchase/sale of investments, net	0	—	2.40M	0	0	0	0	0	0	0	0	0	-108.57M	5.38M	7.37M	-368.90M	428.38M	16.25M	-120.56M	62.48M
Sale/maturity of investments	0	—	2.40M	0	0	0	0	0	0	0	0	0	0	5.38M	7.37M	0	428.38M	16.25M	—	62.48M
Purchase of investments	0	—	0	0	0	0	0	0	0	0	0	0	-108.57M	0	0	-368.90M	0	0	-120.56M	0
Other investing cash flow items, total	66.67K	327.49K	1.61M	389.69K	-16.37M	52.26K	273.47K	1.81M	1.29M	160.49K	254.27K	-704.41K	0	0	0	0	0	0	0	0
Issuance/retirement of debt, net	-25.97M	—	0	80.46K	-1.38M	23.06M	-791.68K	11.46M	12.84M	-12.45M	1.80M	19.14M	-104.33M	0	0	0	128.66M	150.37M	-164.00M	96.06M
Issuance/retirement of long term debt	-140.04K	—	0	80.46K	-1.38M	23.06M	3.06M	0	0	-10.20M	-10.20M	19.14M	0	0	0	0	0	0	0	120.00M
Issuance/retirement of short term debt	-25.83M	—	0	0	0	—	-3.85M	11.46M	12.84M	-2.25M	12.00M	29.90M	0	0	0	0	128.66M	150.37M	0	-23.95M
Issuance/retirement of other debt	—	—	—	—	—	—	—	—	—	—	—	—	-104.33M	0	—	—	—	—	-164.00M	—
Total cash dividends paid	0	0	-5.15M	-9.04M	-6.88M	-5.51M	-8.23M	-10.42M	-12.23M	0	-7.32M	-4.88M	-9.76M	-34.22M	-19.55M	-8.11M	-16.22M	-16.22M	-16.22M	-48.65M
Other financing cash flow items, total	27.50K	-1.00M	-875.70K	-2.01M	-24.99M	0	0	0	32.98M	-11.92M	0	0	0	0	0	0	0	0	0	73.31M