Present time India focus on their defence sector manufacturing, Indian government main aim is To make India defence Sector importer from exporter. Indian defence sector companies are growing very rapidly in few years.
In This article we will analyse Avantel Private Limited,This company provide wireless communication and satellite communication product and service to the Indian Army Indian Navy Indian Air Force and those company which are involving in defence equipment manufacturing.
In last 5 year Avantel Private Limited gives Return of 2819.28% to their investor. It is an multibagger stock. In this article we will analyse the Avantel Private Limited financials and future plans
and forecast the avantel share price target 2025, avantel share price target 2025, avantel share price target 2026, avantel share price target 2027, avantel share price target 2028, avantel share price target 2029, avantel share price target 2030. Before starting the analysis let’s know about the Avantel Private Limited.

Avantel Company Overview
Founded on May 30, 1990, as Dialog Communications Pvt Ltd, Avantel was renamed Avantel Communications Pvt Ltd in August 1993 and became a public limited company in December 1994. Based in Hyderabad, it has grown into a key supplier of defense electronics, holding a defense industrial license and ISO 9001 certification since 1997 (ICICI Direct).
Key Products and Services
Avantel’s portfolio includes:
- Wireless Communication: Radar subsystems, software-controlled radios, and RF front-end units for military use.
- Satellite Communication (SATCOM): Shipborne and handheld terminals, network management systems, and solutions for INSAT-based mobile satellite services.
- Healthcare Products: Via Imeds Global Solutions, Avantel offers medical devices like skin staplers and oxygen concentrators (Avantel).
Market Position
Avantel is a significant player in India’s defense electronics market, serving clients like the Indian Army, Navy, Air Force, ISRO, DRDO, and global firms such as Boeing and Lockheed Martin. It competes with peers like Paras Defence and DCX Systems but maintains a niche in SATCOM and wireless solutions (LiveMint).
Avantel Share Price Target 2025
As of 9th May 2025 tredind at ₹105.97 and by the end of the year Avantel will touch ₹120.
Financial Performance
As of May 9, 2025:
- Share Price: ₹105.97 (Economic Times)
- Market Cap: ₹2,808 Crore
- P/E Ratio: 48.82 (vs. sector average of 19.43)
- P/B Ratio: 11.50
- Dividend Yield: 0.19% (last dividend ₹0.20, May 2024)
- Promoter Holding: 38.57% (down from 40.06% in July 2024) (Screener)
Historical Financial Data
Year | Revenue (₹ Cr) | Net Profit (₹ Cr) | EPS (₹) |
---|---|---|---|
2019 | 50.51 | 9.51 | 1.17 |
2020 | 51.92 | 10.59 | 1.33 |
2021 | 77.70 | 15.38 | 1.89 |
2022 | 104.94 | 19.10 | 2.37 |
2023 | 154.27 | 29.78 | 3.70 |
Revenue grew at a CAGR of ~25% from 2019–2023, with net profit increasing from ₹9.51 Crore to ₹29.78 Crore.
Recent Quarterly Results
For Q4 FY25 (ending March 31, 2025):
- Revenue: ₹70.68 Crore, up 19.14% YoY from ₹59.34 Crore (Moneycontrol).
- Net Profit: ₹6.08 Crore, down 49.93% YoY from ₹12.15 Crore, due to a 56.43% rise in expenses (Tickertape).
- EPS: ₹0.20, reflecting profitability challenges.
Current Market Scenario and Avantel’s Behavior
India’s defense sector is experiencing robust growth, driven by:
- Defense Budget: FY25 allocation of ₹6.22 lakh crore, with ₹1.72 lakh crore for capital expenditure (LiveMint).
- Export Growth: Defense exports reached ₹23,622 Crore in FY24, with targets of $10 billion by 2025 (LiveMint).
- Geopolitical Tensions: India-Pakistan tensions have spurred defense stock rallies, as noted in an X post by @ETNowSwadesh.
- Technological Demand: Rising need for SATCOM, radar systems, and cybersecurity solutions aligns with Avantel’s offerings.
Avantel’s stock has been volatile, with a 417.24% three-year return but a 45.44% decline in the past year (Economic Times). Recent developments include:
- A ₹80.9 Crore rights issue announced in May 2025, potentially diluting shares (Screener).
- Promoter share sales of 1,317,013 shares in May 2025, reducing holding to 38.57%, which may signal caution (Moneycontrol).
- New orders worth ₹60.95 Crore from Bharat Electronics and NewSpace India, boosting revenue visibility (Moneycontrol).
Order Book and Future Prospects
Current Order Book
Avantel’s order book is valued at ₹240 Crore, including ₹126 Crore from Larsen & Toubro and recent contracts:
- ₹17.70 Crore from Bharat Electronics for radar subsystems (Tickertape).
- ₹43.25 Crore from NewSpace India for SATCOM equipment (Moneycontrol).
Future Growth Plans
Avantel aims to:
- Expand defense contracts, targeting ₹60–70 Crore in new orders annually.
- Grow its medical device business, leveraging the $11 billion Indian market, projected to reach $50 billion by 2030 (Original Article).
- Invest in R&D for advanced SATCOM and radar technologies.
- Increase exports, building on a $1.98 million order from Lockheed Martin in 2021.
Medical Device Business
Through Imeds Global Solutions, Avantel manufactures medical devices, serving 450 customers and selling 650,000 products, including skin staplers and oxygen concentrators (Avantel). Q4 FY25 healthcare revenue was ₹0.12 Crore, up 140% YoY, indicating growth potential (Tickertape).
Comparison with Peer Companies
Paras Defence and Space Technologies
- Share Price (May 9, 2025): ₹1,050 (LiveMint).
- Market Cap: ₹4,095 Crore.
- Revenue (FY24): ₹315 Crore.
- P/E Ratio: ~60.
- Focus: Optics, electronics, and defense engineering.
- Comparison: Paras has a broader defense portfolio but a higher P/E, suggesting a premium valuation compared to Avantel’s specialized SATCOM focus.
DCX Systems
- Share Price (May 9, 2025): ₹380 (LiveMint).
- Market Cap: ₹4,230 Crore.
- Revenue (FY24): ₹1,250 Crore.
- P/E Ratio: ~35.
- Focus: Electronic subsystems and cable harnesses.
- Comparison: DCX’s larger revenue base contrasts with Avantel’s niche, but Avantel’s medical device diversification adds a unique edge.
Key Insights
Metric | Avantel (FY24) | Paras (FY24) | DCX (FY24) |
---|---|---|---|
Revenue (₹ Cr) | 248 | 315 | 1,250 |
Net Profit (₹ Cr) | 59.9 | 50 | 120 |
P/E Ratio | 48.82 | 60 | 35 |
Market Cap (₹ Cr) | 2,808 | 4,095 | 4,230 |
Avantel’s high P/E reflects growth expectations, but its smaller scale compared to DCX and narrower focus than Paras require careful investor consideration.
Avantel Share Price Analysis
Avantel’s stock has been a multibagger, delivering a 417.24% return over three years, far surpassing the Nifty Smallcap 100’s 72.97% (Economic Times). However, a 45.44% decline in the past year and a 27.22% drop in 2025 indicate volatility (LiveMint).
Current Valuation
- 52-Week Range: ₹95.13–₹200.91.
- Beta: Not available, but high volatility is evident.
- Technical Indicators: The stock is technically bearish, with a 5-day SMA of ₹110.39 (Financial Express).
Future Stock Price Forecast
The forecast assumes:
- Historical Growth: Revenue CAGR of ~25% (2019–2023), moderated to 15% due to recent profit declines.
- Current Performance: Q4 FY25 revenue growth of 19.14% but profit challenges.
- Future Prospects: Order book execution, medical device growth, and defense sector tailwinds.
- P/E Stabilization: Current P/E of 48.82, expected to decline to ~40 by 2035.
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Avantel Share Price Target 2026-2035
Year | EPS (₹) | Share Price (₹) |
---|---|---|
Avantel Share Price Target 2026 | 2.85 | 121.77 |
Avantel Share Price Target 2027 | 3.28 | 139.98 |
Avantel Share Price Target 2028 | 3.77 | 160.87 |
Avantel Share Price Target 2029 | 4.34 | 184.80 |
Avantel Share Price Target 2030 | 4.99 | 212.46 |
Avantel Share Price Target 2031 | 5.73 | 244.33 |
Avantel Share Price Target 2032 | 6.60 | 280.98 |
Avantel Share Price Target 2034 | 7.59 | 322.63 |
Avantel Share Price Target 2034 | 8.72 | 370.02 |
Avantel Share Price Target 2035 | 10.03 | 424.63 |
Avantel Share Price Target 2026 is ₹121.77
Projected PAT of ₹69.39 Crore reflects 15% growth, driven by executing the ₹240 Crore order book, including ₹60.95 Crore in new contracts. Defense budget increases support revenue (Moneycontrol). With a P/E of 48, the target is ₹121.77.
Avantel Share Price Target 2027 is ₹139.98
PAT grows to ₹79.80 Crore, fueled by export orders and medical device sales. Avantel’s R&D investments enhance product offerings (Avantel). P/E of 47.5 yields a target of ₹139.98.
Avantel Share Price Target 2028 is ₹160.87
PAT reaches ₹91.77 Crore, supported by new defense contracts and a growing medical device market. Geopolitical tensions boost demand (LiveMint). P/E of 47 gives a target of ₹160.87.
Avantel Share Price Target 2029 is ₹184.80
PAT of ₹105.54 Crore reflects sustained growth from SATCOM and healthcare. Avantel’s global partnerships, like with Lockheed Martin, strengthen revenue (Original Article). P/E of 46.5 yields a target of ₹184.80.
Avantel Share Price Target 2030 is ₹212.46
PAT grows to ₹121.37 Crore, driven by India’s defense export targets. Imeds’ expansion into a $50 billion market adds diversification (Avantel). P/E of 46 gives a target of ₹212.46.
Avantel Share Price Target 2031 is ₹244.33
PAT of ₹139.58 Crore is supported by new radar and SATCOM products. Defense modernization drives orders (Moneycontrol). P/E of 45.5 yields a target of ₹244.33.
Avantel Share Price Target 2032 is ₹280.98
PAT reaches ₹160.52 Crore, with healthcare revenue growing. Avantel’s sustainability initiatives enhance global appeal (Avantel). P/E of 45 gives a target of ₹280.98.
Avantel Share Price Target 2033 is ₹322.63
PAT of ₹184.60 Crore reflects long-term order execution. India’s defense export growth supports Avantel (LiveMint). P/E of 44.5 yields a target of ₹322.63.
Avantel Share Price Target 2034 is ₹370.02
PAT grows to ₹212.29 Crore, driven by technological advancements. Avantel’s role in “Atmanirbhar Bharat” strengthens its position (Economic Times). P/E of 44 gives a target of ₹370.02.
Avantel share price target 2035 is ₹424.63
PAT reaches ₹244.13 Crore, aligning with analyst expectations of sustained growth. The target of ₹424.63 at a P/E of 43.5 reflects Avantel’s long-term potential (Original Article).
Risks and Challenges
- Market Volatility: Stock price fluctuations due to economic or geopolitical events.
- Competition: Rivalry from Paras Defence and DCX Systems.
- Government Dependence: Reliance on defense contracts risks delays.
- Profitability Concerns: Recent 49.93% profit decline in Q4 FY25.
Investment Guidance
How to Invest
Open a demat account with platforms like Groww, Zerodha, or Angel One. Consider SIPs for long-term exposure.
Tips for Investors
- Research: Analyze financials and order book updates.
- Diversify: Include peers like Paras Defence to mitigate risk.
- Long-Term Focus: Avantel suits 5–10-year investments.
- Monitor News: Track defense policies and promoter actions.
Conclusion
Avantel’s strong defense electronics portfolio, ₹240 Crore order book, and medical device expansion make it a promising long-term investment. Despite recent profit declines, its projected share price of ₹121.77 by 2026 and ₹424.63 by 2035 reflects growth potential. Comparisons with Paras Defence and DCX Systems highlight Avantel’s niche. Investors should weigh risks like volatility and competition. This SEO-optimized article, with visuals and detailed forecasts, aims to engage your 600K monthly readers, empowering informed investment decisions.
Disclaimer: Stock investments carry risks. Consult a financial advisor before investing. Projections are based on data as of May 11, 2025, and may change.
avantel share price in january 2035 is ₹1132.68 By the end of this year avantel share price target 2035 will be ₹1242.68
avantel share price in january 2040 is ₹1782.86 By the end of this year avantel share price target 2040 will be ₹1872.93.
avantel share price in january 2050 is ₹2387.92 By the end of this year avantel share price target 2050 will be ₹3025.93.

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