Avantel wins ₹12.04 crore order from M/s. Larsen & Toubro Limited
Avantel (AVANTEL) said it has received an order from M/s. The company is valued at about ₹3,861 crore.
What happened
Avantel (AVANTEL) told the exchanges on 10 October 2026 at 10:13 AM that it has received an order from M/s. Larsen & Toubro Limited, valued at ₹12.04 crore. The scope of work: Service. Execution period: October 2028. The company classified the order as domestic.
From the filing: "Name of the entity awarding the order(s) / contract(s) M/s."
How big is it?
At ₹12.04 crore, the order is equal to about 0.3% of the company's market value of ₹3,861 crore and 5.0% 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 ₹3,861 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 −9.5% over the month and −20.9% over three months. Average daily turnover over the last 20 sessions was about ₹28.54 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
This is not the company's first order win disclosure: BCEIE has 9 earlier filings of this kind on record since May 2026.
After those filings, the stock gained 2.1% on average the next trading day and was down 0.5% on average after five days (7 filings with price data).
Market-wide, 1,946 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 |
|---|---|---|---|
| 1 Oct 2026 | Receipt of Contract worth of Rs.6.02 Cr | −2.5% | −5.7% |
| 23 Sept 2026 | Bagging/Receiving of orders/contracts | +6.7% | +2.8% |
| 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% |
What to watch
- Execution progress and revenue recognition from this order in the coming quarters.
- The stated execution timeline: October 2028.
- 26 October 2026: Board meeting — Financial Results.
In the news
Recent coverage elsewhere (links open the original publisher):
- Avantel Limited (AVANTEL.NS) Slips 1.18% to ₹148.5, Holding Midpoint of Its Trading Range - Cash Secured Put
- Avantel Secures Rs. 1.77 bn Satellite Equipment Order
- Avantel Trading Window Closure October 2026 | NSE:AVANTEL
- Avantel Limited Receives INR 60.2 Million Contract From Directorate Of Electrical Engineering, Naval Head Quarters, Ministry Of Defence For Comprehensive Annual Maintenance
- Acuite Ratings & Research Ltd reaffirms ratings of Avantel Ltd
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.