Avantel Ltd - Stock Valuation and Financial Performance

BSE: 532406 | NSE: AVANTEL | Telecommunication - Equipment | Small Cap

Avantel Share Price

145.90 -1.50 -1.02%
as on 21-Nov'24 16:59

DeciZen - make an informed investing decision on Avantel

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Avantel stock performance -

mw4me loader
P/E Ratio (SA):
58.11
Market Cap:
3,585.8 Cr.
52-wk low:
86.1
52-wk high:
223.8

Is Avantel Ltd an attractive stock to invest in?

1. Is Avantel Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Avantel Ltd is a good quality company.

2. Is Avantel Ltd undervalued or overvalued?

The key valuation ratios of Avantel Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Avantel Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Avantel Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Avantel:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Avantel Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 10.7%9.5%8.6%72.6%32.3%29.3%34%30.9%37.9%48.7%-
Value Creation
Index
-0.2-0.3-0.44.21.31.11.41.21.72.5-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 25.324.633.651.750.551.977.7105154224230
Sales YoY Gr.--2.6%36.4%53.9%-2.3%2.8%49.7%35.1%47%45.2%-
Adj EPS 0000.30.40.40.60.81.22.32.5
YoY Gr.--33.3%100%600%39.3%12.8%43.2%22.2%58.4%85.3%-
BVPS (₹) 0.80.80.91.51.82.12.73.44.66.88.5
Adj Net
Profit
0.70.60.96.89.510.715.318.829.855.162
Cash Flow from Ops. 3.83.61.89.14.2344.7-29.94.568.3-
Debt/CF from Ops. 2.22.66.40000-0.46.30.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 27.4%34.7%42.3%45.2%
Adj EPS 61.6%42.1%53.1%85.3%
BVPS27.6%30.9%35.7%47.8%
Share Price 48.7% 105% 123% 23.7%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
3.234.423.523.722.525.92530.538.933.3
Op. Profit
Mgn %
16.21611.521.827.829.628.526.532.137.741
Net Profit
Mgn %
2.62.42.613.118.820.519.717.919.324.626.9
Debt to
Equity
0.50.50.600000.20.30.10
Working Cap
Days
243237200139164247153158190175131
Cash Conv.
Cycle
20820717410412419010110613913088

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 33.30%

Sales growth is growing at healthy rate in last 3 years 42.31%

Net Profit is growing at healthy rate in last 3 years 53.08%

Sales growth is good in last 4 quarters at 12.48%

No data to display

Latest Financials - Avantel Ltd.

Standalone Consolidated
TTM EPS (₹) 2.5 2.4
TTM Sales (₹ Cr.) 230 230
BVPS (₹.) 8.5 8.1
Reserves (₹ Cr.) 157 148
P/BV 17.45 18.22
PE 58.11 61.03
From the Market
52 Week Low / High (₹) 86.05 / 223.80
All Time Low / High (₹) 0.06 / 223.80
Market Cap (₹ Cr.) 3,586
Equity (₹ Cr.) 48.7
Face Value (₹) 2
Industry PE 46.8

Management X-Ray of Avantel:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Avantel

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales25253452515278105154224
Operating Expenses 2121304036375677105140
Manufacturing Costs4678101015142019
Material Costs1081520141327476376
Employee Cost 4447799111328
Other Costs 33465556916
Operating Profit 44411141522284984
Operating Profit Margin (%) 16.1%16.0%11.5%21.8%27.8%29.6%28.5%26.5%32.1%37.7%
Other Income 10115111101
Interest 2221112254
Depreciation 2222233457
Exceptional Items 0000000000
Profit Before Tax 11124121319244074
Tax 000732341019
Profit After Tax 11117101115193055
PAT Margin (%) 3.5%2.4%2.6%33.5%18.8%20.7%19.7%18.3%19.5%24.8%
Adjusted EPS (₹)0.00.00.00.70.40.40.60.81.22.3
Dividend Payout Ratio (%)68%68%92%9%21%15%11%8%5%9%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 2020213743526684112165
Share Capital 444444441649
Reserves 161617333948628096117
Minority Interest0000000000
Debt88100000132812
Long Term Debt3210000000
Short Term Debt5690000132812
Trade Payables0012020136
Others Liabilities 332441420131140
Total Liabilities 31323343476787110154223

Fixed Assets

Gross Block27281515172226384469
Accumulated Depreciation1315235810141825
Net Fixed Assets14131312121416252644
CWIP 00000017916
Investments 000000051217
Inventories111287253174446
Trade Receivables54109193013364064
Cash Equivalents 00011108431112
Others Assets212441011202324
Total Assets 31323343476787110154223

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 44294345-30468
PBT 11124121319244074
Adjustment 333-1222451016
Changes in Working Capital -0-0-23-8-1026-54-36-9
Tax Paid 000-6-3-2-4-4-9-13
Cash Flow From Investing Activity 0-1-24-10-4220-13-45
Capex 0-1-214-2-2-5-13-6-22
Net Investments 000-1111-3738-5-17
Others 0000110-6-2-7
Cash Flow From Financing Activity -4-20-12-4-3-398-23
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0-100000000
Interest Paid -2-2-2-1-10-1-1-5-4
Dividend Paid 0-10-1-3-2-1-2-2-2
Others -212-100-1-11214-17
Net Cash Flow 0001000-100
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)4.743.224.5260.123.7722.7126.0125.5830.7140
ROCE (%)10.749.528.5772.5932.2929.2833.9530.937.948.74
Asset Turnover Ratio0.810.861.061.361.120.911.121.171.311.33
PAT to CFO Conversion(x)4420.530.40.273-1.580.131.24
Working Capital Days
Receivable Days6259736510217291788076
Inventory Days15915510750332616316466
Payable Days2718102328241341121

Avantel Ltd Stock News

Avantel Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Avantel on 21-Nov-2024 16:59 is ₹145.9.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 21-Nov-2024 16:59 the market cap of Avantel stood at ₹3,585.8.
The latest P/E ratio of Avantel as of 21-Nov-2024 16:59 is 58.11.
The latest P/B ratio of Avantel as of 21-Nov-2024 16:59 is 17.45.
The 52-week high of Avantel is ₹223.8 and the 52-week low is ₹86.05.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Avantel is ₹229.7 ( Cr.) .

About Avantel Ltd

Avantel, incorporated in 1990 offers telecom products and software solutions. Company's development centre located at Hyderabad, India is networked with the right tools, technologies, and equipment to create value for global clients. Company has received ISO 9001-2000 certification.

Its R&D center comprises of 40 member team of engineers which is recognized by the Department of Scientific and Industrial Research (DSIR), Government of India, as a research and development center for technology development in telecommunications.

The company has a test and measuring facility for design, development and manufacture of wireless products i.e up to 26.5 GHz and various access products supported by compilers and evaluation modules to test and integrate the software and hardware.

Company's range of test equipment includes network analyzers, spectrum analyzers, signal generators, radio communication test sets, modulation analyzers, frequency counters, PCM analyzers, digital transmission analyzers, communication performance analyzers, RF power meters, oscilloscopes, multi function testers, function generators, environmental test facilities and vibration table

The company has formed various alliances in order to provide better solutions in communications and computing. It has partnered with Space Applications Centre, ISRO, Department of Space, Government of India, L 3 Communications - Narda, USA and Vedang Radio Technology.

Business area of thye company:

Avantel is actively involved in design and development of products based on High Power Broad band Wireless, Satellite Communication and Broad band access technologies. The design, development and integration of wireless and access products are carried out using standard and proprietary software tools.

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