Declared Dividend • Apr 29
Dividend of ₹0.20 announced Dividend of ₹0.20 is the same as last year. Ex-date: 12th June 2026 Payment date: 24th July 2026 Dividend yield will be 0.1%, which is lower than the industry average of 0.4%. Sustainability & Growth Dividend is covered by earnings (10% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 28% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 89% to shift the payout ratio to a potentially unsustainable range, which is more than the 2.2% EPS decline seen over the last 5 years. Annonce • Apr 28
Avantel Limited announces Annual dividend, payable on July 24, 2026 Avantel Limited announced Annual dividend of INR 0.2000 per share payable on July 24, 2026, ex-date on June 12, 2026 and record date on June 12, 2026. Reported Earnings • Apr 28
Full year 2026 earnings released: EPS: ₹0.55 (vs ₹2.32 in FY 2025) Full year 2026 results: EPS: ₹0.55 (down from ₹2.32 in FY 2025). Revenue: ₹2.25b (down 9.5% from FY 2025). Net income: ₹149.9m (down 73% from FY 2025). Profit margin: 6.7% (down from 23% in FY 2025). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 67% per year, which means it is well ahead of earnings. Annonce • Apr 27
Avantel Limited, Annual General Meeting, Jun 24, 2026 Avantel Limited, Annual General Meeting, Jun 24, 2026. Annonce • Apr 10
Avantel Limited to Report Fiscal Year 2026 Results on Apr 26, 2026 Avantel Limited announced that they will report fiscal year 2026 results at 12:15 PM, Indian Standard Time on Apr 26, 2026 Annonce • Feb 22
Avantel Limited Announces Resignation of Mini Ipe as Independent Director, Effective February 21, 2026 Avantel Limited announced that Mrs. Mini Ipe, Independent Director of the Company, has tendered her resignation from the position of Independent Director of the Company with effect from February 21, 2026, due to her preoccupation and certain unexpected personal commitments. Names of listed entities in which the resigning director holds directorship, indicating the category of directorship and membership of board committees, if any: Directorship in Listed Companies: Axis Bank Limited - Non-Executive Nominee Director; PTC India Limited - Non-Executive Independent Director and PTC India Financial Services Limited - Non- Executive Independent Director. Committee Position(s) in Listed Companies: Axis Bank Limited - Member of Audit Committee and Nomination and Remuneration Committee. PTC India Financial Services Limited - Member of Audit Committee, Nomination and Remuneration Committee, Stakeholders Relationship Committee and Risk Management Committee. New Risk • Feb 02
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Profit margins are more than 30% lower than last year (7.8% net profit margin). Reported Earnings • Jan 27
Third quarter 2026 earnings released: EPS: ₹0.10 (vs ₹0.83 in 3Q 2025) Third quarter 2026 results: EPS: ₹0.10 (down from ₹0.83 in 3Q 2025). Revenue: ₹521.3m (down 26% from 3Q 2025). Net income: ₹27.4m (down 86% from 3Q 2025). Profit margin: 5.3% (down from 28% in 3Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 71% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Jan 09
Avantel Limited to Report Q3, 2026 Results on Jan 25, 2026 Avantel Limited announced that they will report Q3, 2026 results at 9:15 AM, Indian Standard Time on Jan 25, 2026 Recent Insider Transactions • Dec 24
Insider recently sold ₹2.2m worth of stock On the 19th of December, P. Rao sold around 15k shares on-market at roughly ₹150 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹4.0m. Insiders have been net sellers, collectively disposing of ₹181m more than they bought in the last 12 months. New Risk • Nov 06
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: ₹5.4m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (41% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.2% average weekly change). Profit margins are more than 30% lower than last year (15% net profit margin). Significant insider selling over the past 3 months (₹5.4m sold). Recent Insider Transactions • Nov 01
Insider recently sold ₹4.0m worth of stock On the 27th of October, P. R. Prakash sold around 22k shares on-market at roughly ₹180 per share. This transaction amounted to 65% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹520m more than they bought in the last 12 months. Reported Earnings • Oct 19
Second quarter 2026 earnings released: EPS: ₹0.15 (vs ₹0.94 in 2Q 2025) Second quarter 2026 results: EPS: ₹0.15 (down from ₹0.94 in 2Q 2025). Revenue: ₹554.2m (down 28% from 2Q 2025). Net income: ₹42.7m (down 81% from 2Q 2025). Profit margin: 7.7% (down from 30% in 2Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 106% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Oct 08
Avantel Limited to Report Q2, 2026 Results on Oct 18, 2025 Avantel Limited announced that they will report Q2, 2026 results at 9:15 AM, Indian Standard Time on Oct 18, 2025 Reported Earnings • Jul 26
First quarter 2026 earnings released: EPS: ₹0.12 (vs ₹0.30 in 1Q 2025) First quarter 2026 results: EPS: ₹0.12 (down from ₹0.30 in 1Q 2025). Revenue: ₹519.6m (flat on 1Q 2025). Net income: ₹32.3m (down 56% from 1Q 2025). Profit margin: 6.2% (down from 14% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has increased by 94% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Jul 10
Avantel Limited to Report Q1, 2026 Results on Jul 25, 2025 Avantel Limited announced that they will report Q1, 2026 results on Jul 25, 2025 Annonce • Jun 24
Avantel Limited Declares Final Dividend for Financial Year Ended March 31, 2025 Avantel Limited at its AGM held on June 23, 2025 approved to declare final dividend of INR 0.20/- per Equity Share of face value of INR 2/- each to the shareholders for the Financial Year ended March 31, 2025. Recent Insider Transactions • Jun 15
Insider recently sold ₹9.3m worth of stock On the 11th of June, N. Rao sold around 65k shares on-market at roughly ₹143 per share. This transaction amounted to 41% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹53m. Insiders have been net sellers, collectively disposing of ₹512m more than they bought in the last 12 months. New Risk • Jun 05
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.7% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.7% average weekly change). High level of non-cash earnings (34% accrual ratio). Minor Risk Significant insider selling over the past 3 months (₹158m sold). Upcoming Dividend • Jun 05
Upcoming dividend of ₹0.20 per share Eligible shareholders must have bought the stock before 12 June 2025. Payment date: 21 July 2025. Payout ratio is a comfortable 8.6% but the company is not cash flow positive. Trailing yield: 0.1%. Lower than top quartile of Indian dividend payers (1.3%). Lower than average of industry peers (0.3%). Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹152, the stock trades at a trailing P/E ratio of 65.7x. Average trailing P/E is 26x in the Communications industry in India. Total returns to shareholders of 628% over the past three years. Valuation Update With 7 Day Price Move • May 16
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹122, the stock trades at a trailing P/E ratio of 53x. Average trailing P/E is 26x in the Communications industry in India. Total returns to shareholders of 576% over the past three years. Recent Insider Transactions • May 09
Key Executive recently sold ₹53m worth of stock On the 6th of May, Abburi Sarada sold around 450k shares on-market at roughly ₹118 per share. This transaction amounted to 3.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Abburi's only on-market trade for the last 12 months. Annonce • Apr 29
Avantel Limited announces Annual dividend, payable on July 21, 2025 Avantel Limited announced Annual dividend of INR 0.2000 per share payable on July 21, 2025, ex-date on June 12, 2025 and record date on June 12, 2025. Reported Earnings • Apr 27
Full year 2025 earnings released: EPS: ₹2.32 (vs ₹2.16 in FY 2024) Full year 2025 results: EPS: ₹2.32 (up from ₹2.16 in FY 2024). Revenue: ₹2.49b (up 11% from FY 2024). Net income: ₹564.4m (up 7.4% from FY 2024). Profit margin: 23% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has increased by 79% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Apr 18
Avantel Limited to Report Fiscal Year 2025 Results on Apr 26, 2025 Avantel Limited announced that they will report fiscal year 2025 results at 12:15 PM, Indian Standard Time on Apr 26, 2025 New Risk • Apr 15
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Feb 25
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹118, the stock trades at a trailing P/E ratio of 46.2x. Average trailing P/E is 35x in the Communications industry in India. Total returns to shareholders of 916% over the past three years. Recent Insider Transactions • Feb 23
General Manager of Software Development recently sold ₹2.1m worth of stock On the 18th of February, M. J. Kishore sold around 19k shares on-market at roughly ₹110 per share. This transaction amounted to 38% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹109m. Insiders have been net sellers, collectively disposing of ₹345m more than they bought in the last 12 months. New Risk • Feb 20
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Significant insider selling over the past 3 months (₹110m sold). Reported Earnings • Jan 19
Third quarter 2025 earnings released: EPS: ₹0.83 (vs ₹0.67 in 3Q 2024) Third quarter 2025 results: EPS: ₹0.83 (up from ₹0.67 in 3Q 2024). Revenue: ₹706.8m (up 19% from 3Q 2024). Net income: ₹200.8m (up 23% from 3Q 2024). Profit margin: 28% (in line with 3Q 2024). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has increased by 121% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Jan 11
Avantel Limited to Report Q3, 2025 Results on Jan 18, 2025 Avantel Limited announced that they will report Q3, 2025 results at 12:15 PM, Indian Standard Time on Jan 18, 2025 Recent Insider Transactions • Dec 14
Chairman recently sold ₹109m worth of stock On the 11th of December, Abburi Vidyasagar sold around 660k shares on-market at roughly ₹165 per share. This transaction amounted to 1.7% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₹230m. Abburi has been a net seller over the last 12 months, reducing personal holdings by ₹349m. Annonce • Dec 06
Avantel Limited has filed a Follow-on Equity Offering in the amount of INR 497 million. Avantel Limited has filed a Follow-on Equity Offering in the amount of INR 497 million.
Security Name: Equity Shares
Security Type: Common Stock
Transaction Features: Regulation S; Rights Offering Recent Insider Transactions • Nov 17
Chairman recently sold ₹230m worth of stock On the 14th of November, Abburi Vidyasagar sold around 2m shares on-market at roughly ₹152 per share. This transaction amounted to 3.7% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Abburi has been a net seller over the last 12 months, reducing personal holdings by ₹239m. Valuation Update With 7 Day Price Move • Nov 14
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹145, the stock trades at a trailing P/E ratio of 60.1x. Average trailing P/E is 39x in the Communications industry in India. Total returns to shareholders of 1,011% over the past three years. Reported Earnings • Oct 06
Second quarter 2025 earnings released: EPS: ₹0.94 (vs ₹0.66 in 2Q 2024) Second quarter 2025 results: EPS: ₹0.94 (up from ₹0.66 in 2Q 2024). Revenue: ₹779.1m (up 43% from 2Q 2024). Net income: ₹229.0m (up 43% from 2Q 2024). Profit margin: 29% (in line with 2Q 2024). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has increased by 136% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Sep 25
Avantel Limited to Report Q2, 2025 Results on Oct 05, 2024 Avantel Limited announced that they will report Q2, 2025 results at 12:15 PM, Indian Standard Time on Oct 05, 2024 Reported Earnings • Jul 21
First quarter 2025 earnings released: EPS: ₹0.30 (vs ₹0.33 in 1Q 2024) First quarter 2025 results: EPS: ₹0.30 (down from ₹0.33 in 1Q 2024). Revenue: ₹520.6m (down 25% from 1Q 2024). Net income: ₹73.8m (down 7.9% from 1Q 2024). Profit margin: 14% (up from 12% in 1Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has increased by 147% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Jul 09
Avantel Limited to Report Q1, 2025 Results on Jul 19, 2024 Avantel Limited announced that they will report Q1, 2025 results on Jul 19, 2024 Buy Or Sell Opportunity • Jul 02
Now 34% overvalued after recent price rise Over the last 90 days, the stock has risen 66% to ₹185. The fair value is estimated to be ₹137, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 40% over the last 3 years. Earnings per share has grown by 44%. Buy Or Sell Opportunity • Jun 18
Now 33% overvalued after recent price rise Over the last 90 days, the stock has risen 83% to ₹183. The fair value is estimated to be ₹137, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 40% over the last 3 years. Earnings per share has grown by 44%. Valuation Update With 7 Day Price Move • Jun 14
Investor sentiment improves as stock rises 33% After last week's 33% share price gain to ₹164, the stock trades at a trailing P/E ratio of 75.9x. Average trailing P/E is 37x in the Communications industry in India. Total returns to shareholders of 1,792% over the past three years. Upcoming Dividend • May 15
Upcoming dividend of ₹0.20 per share Eligible shareholders must have bought the stock before 22 May 2024. Payment date: 29 June 2024. Payout ratio is a comfortable 9.3% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of Indian dividend payers (1.2%). Lower than average of industry peers (0.5%). Buy Or Sell Opportunity • May 13
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 3.1% to ₹105. The fair value is estimated to be ₹131, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 40% over the last 3 years. Earnings per share has grown by 44%. Reported Earnings • Apr 30
Full year 2024 earnings released: EPS: ₹2.16 (vs ₹1.10 in FY 2023) Full year 2024 results: EPS: ₹2.16 (up from ₹1.10 in FY 2023). Revenue: ₹2.24b (up 45% from FY 2023). Net income: ₹525.5m (up 96% from FY 2023). Profit margin: 23% (up from 17% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has increased by 154% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Apr 28
Avantel Limited, Annual General Meeting, May 30, 2024 Avantel Limited, Annual General Meeting, May 30, 2024. Annonce • Apr 26
Avantel Limited Recommends Final Dividend for the Financial Year 2023-24 Avantel Limited announced that at the board meeting held on April 25, 2024, the company recommended a final dividend of INR 0.20/- per equity share of face value of INR 2/- each for the Financial Year 2023-24 (i.e., 10% of the face value), subject to the approval of shareholders in the up coming Annual General Meeting (AGM). The Dividend, if approved by the Shareholders, shall be paid to the Shareholders appearing in the register of members as on May 23, 2024. Valuation Update With 7 Day Price Move • Apr 23
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹123, the stock trades at a trailing P/E ratio of 59.6x. Average trailing P/E is 48x in the Communications industry in India. Total returns to shareholders of 1,599% over the past three years. Board Change • Apr 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 5 highly experienced directors. Independent Director Vyasabhattu Ramchander was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Mar 13
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹93.15, the stock trades at a trailing P/E ratio of 45.3x. Average trailing P/E is 41x in the Communications industry in India. Total returns to shareholders of 1,318% over the past three years. Recent Insider Transactions • Feb 06
Chairman recently sold ₹9.0m worth of stock On the 5th of February, Abburi Vidyasagar sold around 79k shares on-market at roughly ₹115 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Abburi has been a net seller over the last 12 months, reducing personal holdings by ₹12m. Reported Earnings • Jan 21
Third quarter 2024 earnings released: EPS: ₹0.67 (vs ₹0.34 in 3Q 2023) Third quarter 2024 results: EPS: ₹0.67 (up from ₹0.34 in 3Q 2023). Revenue: ₹596.8m (up 31% from 3Q 2023). Net income: ₹163.2m (up 100% from 3Q 2023). Profit margin: 27% (up from 18% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has increased by 159% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Jan 10
Avantel Limited to Report Q3, 2024 Results on Jan 19, 2024 Avantel Limited announced that they will report Q3, 2024 results on Jan 19, 2024 Annonce • Dec 26
Avantel Limited Announces Resignation of Ebv Ramana Gupta as Independent Director, Member of the Audit Committee, Stakeholders Relationship Committee and Nomination & Remuneration Committee Avantel Limited announced that Mr. EBV Ramana Gupta, has tendered his resignation as the Independent Director of the Company, with effect from close of business hours on December 26, 2023, citing pre-occupation and other professional assignments. Consequently, he shall also cease to be a Member of the Audit Committee, Stakeholders Relationship Committee and Nomination & Remuneration Committee of the Company. New Risk • Dec 16
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (32% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported March 2023 fiscal period end). Share price has been volatile over the past 3 months (8.2% average weekly change). Annonce • Sep 29
Avantel Limited to Report Q2, 2024 Results on Oct 09, 2023 Avantel Limited announced that they will report Q2, 2024 results on Oct 09, 2023 Valuation Update With 7 Day Price Move • Sep 29
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹252, the stock trades at a trailing P/E ratio of 76x. Average trailing P/E is 25x in the Communications industry in India. Total returns to shareholders of 1,211% over the past three years. Recent Insider Transactions • Aug 30
Vice President of Q A & Projects recently bought ₹1.0m worth of stock On the 25th of August, P. Srinivas bought around 4k shares on-market at roughly ₹260 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold ₹2.4m more in shares than they bought in the last 12 months. New Risk • Aug 15
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.4% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.4% average weekly change). High level of non-cash earnings (32% accrual ratio). Valuation Update With 7 Day Price Move • Aug 14
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹200, the stock trades at a trailing P/E ratio of 60.3x. Average trailing P/E is 24x in the Communications industry in India. Total returns to shareholders of 985% over the past three years. Valuation Update With 7 Day Price Move • Jul 12
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹891, the stock trades at a trailing P/E ratio of 53.8x. Average trailing P/E is 29x in the Communications industry in India. Total returns to shareholders of 896% over the past three years. New Risk • Jul 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (32% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (7.3% average weekly change). Valuation Update With 7 Day Price Move • Jun 27
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹801, the stock trades at a trailing P/E ratio of 48.4x. Average trailing P/E is 26x in the Communications industry in India. Total returns to shareholders of 1,140% over the past three years. Upcoming Dividend • Jun 09
Upcoming dividend of ₹1.00 per share at 0.2% yield Eligible shareholders must have bought the stock before 16 June 2023. Payment date: 23 July 2023. Payout ratio is a comfortable 6.0% but the company is not cash flow positive. Trailing yield: 0.2%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (0.6%). Valuation Update With 7 Day Price Move • Jun 08
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹601, the stock trades at a trailing P/E ratio of 36.3x. Average trailing P/E is 30x in the Communications industry in India. Total returns to shareholders of 964% over the past three years. Annonce • May 19
Avantel Limited, Annual General Meeting, Jun 23, 2023 Avantel Limited, Annual General Meeting, Jun 23, 2023. Agenda: To consider approval of final dividend of INR 1 per equity share of face value of INR 10 each for the Financial Year 2022-23; to accept Deposits from the members of the Company; and to consider other matters. Annonce • May 18
Avantel Limited Recommends Final Dividend for the Financial Year 2022-23 Avantel Limited at Board of Directors meeting on May 17, 2023 recommended a final dividend of INR 1 per equity share of face value of INR 10 each for the Financial Year 2022-23 (i.e., 10% of the face value), subject to the approval of the shareholders in the upcoming Annual General Meeting. The Dividend, if approved by the Shareholders, shall be paid to the Shareholders appearing in the register of members as on June 16, 2023. Recent Insider Transactions • Apr 22
Chairman recently sold ₹3.4m worth of stock On the 21st of April, Abburi Vidyasagar sold around 7k shares on-market at roughly ₹488 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Abburi's only on-market trade for the last 12 months. Reported Earnings • Apr 14
Full year 2023 earnings released: EPS: ₹16.55 (vs ₹11.09 in FY 2022) Full year 2023 results: EPS: ₹16.55 (up from ₹11.09 in FY 2022). Revenue: ₹1.55b (up 48% from FY 2022). Net income: ₹268.4m (up 49% from FY 2022). Profit margin: 17% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 121% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Jan 03
Avantel Limited to Report Q3, 2023 Results on Jan 23, 2023 Avantel Limited announced that they will report Q3, 2023 results at 12:15 PM, Indian Standard Time on Jan 23, 2023 Valuation Update With 7 Day Price Move • Oct 28
Investor sentiment improved over the past week After last week's 18% share price gain to ₹384, the stock trades at a trailing P/E ratio of 28.4x. Average trailing P/E is 27x in the Communications industry in India. Total returns to shareholders of 584% over the past three years. Annonce • Oct 23
Avantel Limited Approves Management Changes Avantel Limited approved the resignation of Mr. T. Venkatesh from the post of Company Secretary & Compliance Officer of the Company with effect from October 21, 2022 (close of business hours) and appointed Mr. D Rajasekhara Reddy (Membership. No. A61938) as the Whole Time Company Secretary and Compliance Officer of the Company with effect from 21 October, 2022, at its Board of Directors meeting held on 21 October 2022. The details as required Mr. D Rajasekhara Reddy is an Associate member of the Institute of the Company Secretaries of India bearing Membership No: 61938. He completed his bachelor's in commerce from Acharya Nagarjuna University. Reported Earnings • Oct 22
Second quarter 2023 earnings released: EPS: ₹3.79 (vs ₹2.12 in 2Q 2022) Second quarter 2023 results: EPS: ₹3.79 (up from ₹2.12 in 2Q 2022). Revenue: ₹362.9m (up 135% from 2Q 2022). Net income: ₹61.4m (up 79% from 2Q 2022). Profit margin: 17% (down from 22% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 86% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Oct 12
Avantel Limited to Report Q2, 2023 Results on Oct 21, 2022 Avantel Limited announced that they will report Q2, 2023 results at 3:30 PM, Indian Standard Time on Oct 21, 2022 Valuation Update With 7 Day Price Move • Sep 08
Investor sentiment improved over the past week After last week's 16% share price gain to ₹313, the stock trades at a trailing P/E ratio of 26.3x. Average trailing P/E is 26x in the Communications industry in India. Total returns to shareholders of 500% over the past three years. Reported Earnings • Jul 30
First quarter 2023 earnings released: EPS: ₹2.70 (vs ₹1.90 in 1Q 2022) First quarter 2023 results: EPS: ₹2.70 (up from ₹1.90 in 1Q 2022). Revenue: ₹271.1m (up 98% from 1Q 2022). Net income: ₹43.8m (up 43% from 1Q 2022). Profit margin: 16% (down from 22% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 76% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Jul 15
Avantel Limited to Report Q1, 2023 Results on Jul 29, 2022 Avantel Limited announced that they will report Q1, 2023 results on Jul 29, 2022 Valuation Update With 7 Day Price Move • Jul 12
Investor sentiment improved over the past week After last week's 15% share price gain to ₹281, the stock trades at a trailing P/E ratio of 25.3x. Average trailing P/E is 25x in the Communications industry in India. Total returns to shareholders of 392% over the past three years. Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment improved over the past week After last week's 18% share price gain to ₹1,253, the stock trades at a trailing P/E ratio of 28.2x. Average trailing P/E is 18x in the Communications industry in India. Total returns to shareholders of 375% over the past three years. Upcoming Dividend • May 11
Upcoming dividend of ₹4.00 per share Eligible shareholders must have bought the stock before 18 May 2022. Payment date: 29 June 2022. Payout ratio is a comfortable 9.0% but the company is not cash flow positive. Trailing yield: 0.3%. Lower than top quartile of Indian dividend payers (1.5%). In line with average of industry peers (0.4%). Annonce • May 08
Avantel Limited, Annual General Meeting, May 30, 2022 Avantel Limited, Annual General Meeting, May 30, 2022, at 11:00 Indian Standard Time. Agenda: To consider and adopt the Audited Financial Statements of the Company for the Financial Year ended on March 31, 2022, together with the Report of the Board of Directors and Auditors thereon; to declare a final dividend of INR 4 per Equity Share of INR 10 each to the shareholders for the Financial Year ended on March 31, 2022; to appoint a director in place of Shri. Abburi Siddhartha Sagar (DIN: 02312563), who retires by rotation and being eligible, offers himself for re-appointment as Director; and to consider other matters. Reported Earnings • May 08
Full year 2022 earnings released: EPS: ₹44.34 (vs ₹37.82 in FY 2021) Full year 2022 results: EPS: ₹44.34 (up from ₹37.82 in FY 2021). Revenue: ₹1.06b (up 37% from FY 2021). Net income: ₹179.8m (up 17% from FY 2021). Profit margin: 17% (down from 20% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 77% per year, which means it is tracking significantly ahead of earnings growth. Annonce • May 08
Avantel Limited Recommends Final Dividend Avantel Limited at its board meeting held on May 6, 2022, recommended a final dividend of INR 4 per Share on the face Value of INR 10 per Share at annual general meeting to be held on May 30, 2022. The Dividend, if approved by the Shareholders, shall be paid to the Shareholders appearing in the register of members as on May 16, 2022. Valuation Update With 7 Day Price Move • Apr 29
Investor sentiment improved over the past week After last week's 18% share price gain to ₹1,358, the stock trades at a trailing P/E ratio of 31.4x. Average trailing P/E is 21x in the Communications industry in India. Total returns to shareholders of 466% over the past three years. Board Change • Apr 27
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 3 highly experienced directors. Director of Strategy and Business Development, Whole Time Director Abburi Sagar was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment improved over the past week After last week's 22% share price gain to ₹1,238, the stock trades at a trailing P/E ratio of 28.6x. Average trailing P/E is 26x in the Communications industry in India. Total returns to shareholders of 477% over the past three years. Valuation Update With 7 Day Price Move • Mar 15
Investor sentiment improved over the past week After last week's 21% share price gain to ₹892, the stock trades at a trailing P/E ratio of 20.6x. Average trailing P/E is 19x in the Communications industry in India. Total returns to shareholders of 301% over the past three years. Board Change • Dec 06
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 3 highly experienced directors. Director of Strategy and Business Development, Whole Time Director Abburi Sagar was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 30
Second quarter 2022 earnings released: EPS ₹8.49 (vs ₹8.11 in 2Q 2021) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2022 results: Revenue: ₹158.5m (up 27% from 2Q 2021). Net income: ₹34.4m (up 4.6% from 2Q 2021). Profit margin: 22% (down from 26% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has increased by 53% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Sep 28
Investor sentiment improved over the past week After last week's 15% share price gain to ₹822, the stock trades at a trailing P/E ratio of 19.6x. Average trailing P/E is 28x in the Communications industry in India. Total returns to shareholders of 262% over the past three years.