Avantel bags ₹6.02 crore order from Directorate of Electrical Engineering, Naval Head Quarters, Ministry…
Avantel (AVANTEL) said it has received an order from Directorate of Electrical Engineering, Naval Head Quarters, Ministry of Defence, valued at ₹6.02 crore. The company is valued at about ₹3,940 crore.
What happened
Avantel (AVANTEL) told the exchanges on 1 October 2026 at 12:44 PM that it has received an order from Directorate of Electrical Engineering, Naval Head Quarters, Ministry of Defence, valued at ₹6.02 crore. The scope of work: Service. Execution period: September 2029. The company classified the order as domestic.
From the filing: "Name of the entity awarding the order(s) / contract(s) Directorate of Electrical Engineering, Naval Head Quarters, Ministry of Defence 2."
How big is it?
At ₹6.02 crore, the order is equal to about 0.2% of the company's market value of ₹3,940 crore and 2.5% of its revenue over the last four reported quarters (₹241 crore).
Relative to the company's annual revenue, it is a modest addition.
Company snapshot
Avantel is a small-cap company, with a market value of about ₹3,940 crore.
The stock last traded at ₹148.3, against a 52-week range of ₹117.1–₹215 (31.0% below the high).
Before this filing the shares had moved −6.8% over the month and −17.2% over three months. Average daily turnover over the last 20 sessions was about ₹28.44 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 | 0 | 0.12 |
| Q2 FY26 | 55 | 0 | 0.15 |
| Q3 FY26 | 52 | 0 | 0.1 |
| Q4 FY26 | 64 | 0 | 0.17 |
| Q1 FY27 | 70 | 0 | 0.2 |
What history shows
This is not the company's first order win disclosure: BCEIE has 8 earlier filings of this kind on record since May 2026.
After those filings, the stock gained 2.8% on average the next trading day and was down 0.1% on average after five days (6 filings with price data).
Market-wide, 1,865 order win filings with an impact score of 50 or more saw an average next-day move of +0.8%, with 53% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 23 Sept 2026 | Bagging/Receiving of orders/contracts | +6.7% | — |
| 29 Aug 2026 | Order win | −0.1% | −0.0% |
| 4 Aug 2026 | Bagging/Receiving of orders/contracts | +0.2% | −3.6% |
| 18 Jul 2026 | Bagging/Receiving of orders/contracts | +0.5% | −3.0% |
| 30 Jun 2026 | Order win | +4.4% | +3.4% |
What to watch
- Execution progress and revenue recognition from this order in the coming quarters.
- The stated execution timeline: September 2029.
In the news
Recent coverage elsewhere (links open the original publisher):
- Avantel Receives ₹177.35 Crore Purchase Order From Zetwerk For Satellite Communication Equipment
- Avantel share price soars 9% in weak market on heavy volume
- Avantel shares jump 9% on bagging order worth over ₹177 crore from Zetwerk Manufacturing
- Avantel: 7 Stock Signals to Watch
- Avantel bags ₹177 crore order to supply satellite communication equipment
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.