Builds satellite communication systems, software-defined radios and radars for India's defence forces.
Price
Market Cap
Sector
Industrials
Rank
| Line item | FY07 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 5 | 4 | 4 | 16 | 49 | 49 | 53 | 53 |
| Reserves | 8 | 62 | 78 | 91 | 115 | 188 | 271 | 285 |
| Borrowings | 0 | 3 | 16 | 30 | 18 | 26 | 31 | 34 |
| Other Liabilities | 6 | 17 | 11 | 12 | 34 | 26 | 35 | 37 |
| Total Liabilities | 19 | 87 | 109 | 149 | 216 | 290 | 389 | 410 |
| AssetsFixed Assets | 8 | 16 | 27 | 31 | 48 | 115 | 130 | 181 |
| CWIP | 0 | 1 | 7 | 9 | 18 | 5 | 19 | 6 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 12 | 70 | 75 | 110 | 149 | 171 | 240 | 223 |
| Total Assets | 19 | 87 | 109 | 149 | 216 | 290 | 389 | 410 |
| Line item | FY06 | FY07 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 4 | -1 | 45 | -32 | 2 | 65 | 50 | 10 |
| Cash from Investing | -1 | -1 | -42 | 23 | -10 | -42 | -57 | -93 |
| Cash from Financing | 0 | 0 | -3 | 9 | 8 | -23 | 8 | 86 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 3 | -3 | 39 | -53 | -10 | 35 | -15 | -83 |
| FCF Margin | — | — | — | — | — | — | — | — |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
AVANTEL · CYCLICAL_UNMODELABLE
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