Avantel Secures ₹5.97 Crore Satcom Order from Goa Shipyard
By Shishta Dutta | Updated at: Oct 16, 2025 04:14 PM IST
Hyderabad, July 2, 2025: Avantel Ltd (BSE: 532406 | NSE: AVANTEL), a Hyderabad-based specialist in defence communications, has announced that it has received a significant purchase order valued at ₹5.97 crore (inclusive of taxes) from Goa Shipyard Limited. The order is to supply, install, and commission crucial satellite communication (Satcom) equipment.
The order, communicated to Avantel via email on June 30, 2025, is scheduled for execution by May 2027. This new contract further strengthens Avantel’s order book and its position as a key supplier of advanced communication systems to India’s defence sector.
Avantel confirmed this development in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and clarified that the transaction does not involve any related party dealings or promoter group interest with the awarding entity.
Key Order Details
| Particulars | Description |
|---|---|
| Customer | Goa Shipyard Limited |
| Nature of Contract | Manufacturing |
| Scope | Supply, Installation & Commissioning of Satcom Equipment |
| Contract Value | ₹5.97 crore (inclusive of taxes) |
| Order Type | Domestic |
| Execution Deadline | May 2027 |
| Promoter/Group Interest | Not Applicable |
| Related Party Transaction | Not Applicable |
Strategic Context
Avantel continues to build on its reputation as a key supplier of secure communication systems to the defence and aerospace sectors. The latest order from Goa Shipyard—a public sector undertaking under the Ministry of Defence-further strengthens Avantel’s order book in naval and marine applications.
Share Price Recap
On July 1, the shares of Avantel closed at ₹163.87, up by 3.48% or ₹5.51. The shares made an intraday high of ₹165.70 and a low of ₹158.80. It remains to be seen how the shares perform throughout the market session today.
What’s Next for Avantel?
The ₹5.97 crore Satcom order is expected to support Avantel’s revenue visibility over the next two years. As execution begins, the company may see improved traction in defence-related communications, especially in naval systems. Investors will watch for further order inflows from PSU shipyards and defence establishments. Continued growth in Avantel’s core segments, such as satellite communications, radars, and aerospace, will be key to sustaining stock momentum and expanding its market footprint.
About Avantel
Avantel Limited is a listed entity engaged in the design, development, and manufacture of wireless and satellite communication products, radar systems, and network-centric solutions for defence, railways, and commercial sectors. The company’s equity shares are listed on BSE and NSE under the ISIN INE005B01027.
For more details, visit www.avantel.in.
REF: https://nsearchives.nseindia.com/corporate/AVANTEL_01072025145456_Intimation01072025.pdf
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