Acuité reaffirms Avantel at ACUITE A-, outlook Stable
Avantel (AVANTEL) said Acuité has reaffirmed its credit rating at ACUITE A- with a stable outlook, covering facilities or instruments of about ₹135 crore. The company is valued at about ₹3,859 crore.
What happened
In a filing with the BSE on 8 October 2026 at 03:16 PM, Avantel (AVANTEL) said that Acuité has reaffirmed its credit rating at ACUITE A- with a stable outlook, covering facilities or instruments of about ₹135 crore.
From the filing: "Acuité Ratings & Research Limited ("Acuité") ("Credit Rating Agency") vide their mail dated October 8, 2026, has reaffirmed its long-term rating of 'ACUITE A-' (read as ACUITE A minus) and short-term rating of 'ACUITE A2+' (read as ACUITE A two plus) on Rs. 134.50 Cr. bank facilities of Avantel…"
Company snapshot
Avantel is a small-cap company, with a market value of about ₹3,859 crore.
The stock last traded at ₹145.3, against a 52-week range of ₹117.1–₹215 (32.4% below the high).
Before this filing the shares had moved −2.0% over the month and −14.9% over three months. Average daily turnover over the last 20 sessions was about ₹28.79 crore.
Promoters held 37.04% at the end of Q1 FY27. Foreign institutions owned 1.53% and domestic institutions 1.14%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 52 | 3.2 | 0.12 |
| Q2 FY26 | 55 | 4.3 | 0.15 |
| Q3 FY26 | 52 | 2.7 | 0.1 |
| Q4 FY26 | 64 | 4.8 | 0.17 |
| Q1 FY27 | 70 | 5.4 | 0.2 |
What history shows
BCEIE has no earlier credit rating filing from this company on record since May 2026.
Market-wide, 1,237 credit rating filings with an impact score of 50 or more saw an average next-day move of +0.1%, with 47% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- Whether other agencies take a similar view on the company's credit.
- 26 October 2026: Board meeting — Financial Results.
In the news
Recent coverage elsewhere (links open the original publisher):
- Avantel Secures Rs. 1.77 bn Satellite Equipment Order
- Avantel bags Rs 1.77 billion order from Zetwerk to supply satellite communication equipment for Indian Railways
- Avantel Ltd (NSE: AVANTEL) Secures ₹177.35 Crore Satellite Communication Equipment Order
- Avantel jumps on bagging order worth Rs 177.35 crore
- Avantel Trading Window Closure October 2026 | NSE:AVANTEL
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.