Any current/future new fundraising through debt or equity?

There is no mention of any current or future fundraising through debt or equity in the provided transcript of the AGM. The focus is on business expansion, identifying new opportunities, and sustaining profitability. Discussions revolve around operational challenges, order book, R&D, and diversification efforts. Cash reserves are mentioned (around 43 crores in cash and bank balance), but no plans for raising capital are indicated. The company is managing working capital and dealing with supply chain and raw material challenges without referencing any external fundraising. Overall, no specific p

Any current/future capex/capital investment/strategic investment?

The company is exploring investments in new areas such as medical electronics, IoT, cloud computing, and nanosatellites. Planned investments in these new areas are around ₹40-50 crores, possibly up to ₹60 crores. The investment decisions will be based on viability and expected returns over the next 5-6 years. Existing R&D spend is about ₹6-7 crores annually, with potential to increase depending on order inflow. Fixed asset base increased by around ₹5.5 crores recently to add capacity. No specific commitments to expansion projects yet; efforts are focused on diversification and complementing ex

Future growth expectations in sales/revenue/volumes?

The company expects continuous growth in sales and revenue over the next few years. Aim to achieve sales of around 100 crores annually for the next two to three years. Current order book stands around 150 crores, with additional orders expected by July-August. Turnover growth is expected, but revenue will be uneven across quarters: 30% of turnover early in the year and 60-70% in later quarters (Q3 and Q4). Long-term investments made 3-6 years ago are now yielding returns; growth expected to sustain for at least the next 3 years. Focus on expanding into new markets and sectors including medical

Future growth expectations in earnings/operating earnings/profits/EPS?

The company expects to do very well in the coming financial year (21-22) despite a volatile and uncertain market. Profitability and bottom line are projected to improve next year compared to the current year. Growth guidance beyond three years is difficult due to the volatile, uncertain, complex, and ambiguous (VUCA) market environment. The company aims for continuous growth, targeting around 100 crores in annual revenue in the next couple of years. Profit centers like CPS are expected to perform very well in the next financial year. New business orders and continued R&D efforts are expected t

Current/ Expected Orderbook/ Pending Orders?

As of the latest update, Avantel has around ₹150 crore worth of orders on hand. The company expects additional orders soon, notably a prestigious order from the Indian Navy for HF communication systems worth approximately ₹100 crore. Orders include supply of 60 to 6300 locomotives for the real-time train tracking system project, in collaboration with L&T. Execution of the Indian Navy HF order is pending, with production expected to start after qualification testing completing around October 2022, aiming to finish by February 2023. The company is also anticipating initial development and produc

AvantelQ4 FY21Aerospace & Defense

Avantel Q4 FY21 Earnings Call Analysis

Revenue, margin, capex, fundraise and order book outlook from management commentary.

Price: ₹134.81P/E: 208.7Market Cap: ₹3.6K CrSector: Aerospace & Defense

Management growth scorecard

Revenue

Category 2

Margin

Category 3

Fundraise

N/A

Order

Yes

Capex

Yes

2 of 4 growth signals are positive.

Full analysis

Revenue guidance

Category 2

The company expects continuous growth in sales and revenue over the next few years.
Aim to achieve sales of around 100 crores annually for the next two to three years.
Current order book stands around 150 crores, with additional orders expected by July-August.
Turnover growth is expected, but revenue will be uneven across quarters: 30% of turnover early in the year and 60-70% in later quarters (Q3 and Q4).
Long-term investments made 3-6 years ago are now yielding returns; growth expected to sustain for at least the next 3 years.
Focus on expanding into new markets and sectors including medical electronics, IoT, cloud computing, and nanosatellites.
Management continues active pursuit of acquisition opportunities and diversification to complement existing business.
Profitability is expected to improve with emphasis on shareholder value without disturbing current company operations.

Margin guidance

Category 3

The company expects to do very well in the coming financial year (21-22) despite a volatile and uncertain market.
Profitability and bottom line are projected to improve next year compared to the current year.
Growth guidance beyond three years is difficult due to the volatile, uncertain, complex, and ambiguous (VUCA) market environment.
The company aims for continuous growth, targeting around 100 crores in annual revenue in the next couple of years.
Profit centers like CPS are expected to perform very well in the next financial year.
New business orders and continued R&D efforts are expected to sustain and contribute to profitability.
The focus remains on shareholder value without disturbing the company’s current status.

See what Avantel management said on margin guidance — free account, 30 seconds.

Fundraise plans

There is no mention of any current or future fundraising through debt or equity in the provided transcript of the AGM.
The focus is on business expansion, identifying new opportunities, and sustaining profitability.
Discussions revolve around operational challenges, order book, R&D, and diversification efforts.
Cash reserves are mentioned (around 43 crores in cash and bank balance), but no plans for raising capital are indicated.
The company is managing working capital and dealing with supply chain and raw material challenges without referencing any external fundraising.
Overall, no specific plans or announcements related to debt or equity fundraising were disclosed in the meeting.

Order book

Yes

As of the latest update, Avantel has around ₹150 crore worth of orders on hand.
The company expects additional orders soon, notably a prestigious order from the Indian Navy for HF communication systems worth approximately ₹100 crore.
Orders include supply of 60 to 6300 locomotives for the real-time train tracking system project, in collaboration with L&T.
Execution of the Indian Navy HF order is pending, with production expected to start after qualification testing completing around October 2022, aiming to finish by February 2023.
The company is also anticipating initial development and production orders related to multiplayer helicopters for the Indian Navy, connected to Lockheed Martin.
Discussion indicates continuous efforts to secure and execute large orders, with expected growth in order book over the next two to three years.

See what Avantel management said on order book — free account, 30 seconds.

Capex plans

Yes

The company is exploring investments in new areas such as medical electronics, IoT, cloud computing, and nanosatellites.
Planned investments in these new areas are around ₹40-50 crores, possibly up to ₹60 crores.
The investment decisions will be based on viability and expected returns over the next 5-6 years.
Existing R&D spend is about ₹6-7 crores annually, with potential to increase depending on order inflow.
Fixed asset base increased by around ₹5.5 crores recently to add capacity.
No specific commitments to expansion projects yet; efforts are focused on diversification and complementing existing strengths without disturbing current operations.
Cash reserves of approximately ₹43 crores are available, with options to invest in expansion or diversification.

Track Avantel — get its next earnings analysis in your feed

How does Avantel rank vs peers in Aerospace & Defense?

Pro feature

ThisAvantel

Rev 2Mar 3

See where Avantel sits in Aerospace & DefenseSee which companies these are, and every other name in the sector.Open rankings

How does Avantel rank in Aerospace & Defense?

Compare Avantel against every Aerospace & Defense company (Q4 FY21) on revenue, margins and earnings-call signals.

View Aerospace & Defense leaderboard →

What Avantel's management said in earlier quarters

Others in Aerospace & Defense this season

Zen Technologies (Q2 FY27)
For the quarter ended 30 September 2026, the consolidated revenue from operations was ₹34,513.26 lakhs, up from ₹17,357.31 lakhs in the same quarter of the…
Bharat Electronics Ltd (Q2 FY27)
Revenue from operations (consolidated) for the quarter ended 30 September 2026: ₹7,32,772 lakhs. Key results statement takeaways from Bharat Electronics Ltd's Q
Krishna Defence & Allied Industries Ltd (Q2 FY27)
Year-on-year (YoY) growth: 55.7% (Q2 FY27 vs Q2 FY26) . Key investor presentation takeaways from Krishna Defence & Allied Industries Ltd's Q2 FY27 investor pres
Paras Defence and Space Technologies Ltd (Q2 FY27)
Implied YoY increase significant (~65-70%, based on segment and other expenses data) . Key results statement takeaways from Paras Defence and Space Technologies

Compare:vs Hindustan Aeronautics Ltd vs Bharat Electronics Ltd vs Bharat Dynamics

🔎 Who's planning the most growth?

Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

See rankings →