Avantel Limited
Avantel Limited designs, develops, manufactures and sells wireless communication products in India. The company offers software defined radios; satellite communication equipment; HF communication equipment; radar systems; network management systems and application software; and embedded systems and digital signal processing solutions. It also provides mobile satellite services (MSS) network that … Read more
Avantel Limited (AVANTEL) - Net Assets
Latest net assets as of September 2025: ₹3.24 Billion INR
Based on the latest financial reports, Avantel Limited (AVANTEL) has net assets worth ₹3.24 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹3.89 Billion) and total liabilities (₹652.61 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹3.24 Billion |
| % of Total Assets | 83.22% |
| Annual Growth Rate | 37.57% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 11.17 |
Avantel Limited - Net Assets Trend (2021–2025)
This chart illustrates how Avantel Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Avantel Limited (2021–2025)
The table below shows the annual net assets of Avantel Limited from 2021 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹2.37 Billion | +44.56% |
| 2024-03-31 | ₹1.64 Billion | +52.69% |
| 2023-03-31 | ₹1.07 Billion | +30.25% |
| 2022-03-31 | ₹825.19 Million | +24.58% |
| 2021-03-31 | ₹662.40 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Avantel Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 182.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹1.61 Billion | 67.70% |
| Common Stock | ₹489.48 Million | 20.63% |
| Other Components | ₹276.79 Million | 11.67% |
| Total Equity | ₹2.37 Billion | 100.00% |
Avantel Limited Competitors by Market Cap
The table below lists competitors of Avantel Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Petrovietnam Camau Fertilizer
VN:DCM
|
$226.62 Million |
|
Centum Electronics Limited
NSE:CENTUM
|
$226.62 Million |
|
Siloam International Hospitals
JK:SILO
|
$226.65 Million |
|
OCUMENSION THER.DL-00001
F:5DG
|
$226.72 Million |
|
Xiamen Jiarong Technology Corp. Ltd.
SHE:301148
|
$226.56 Million |
|
Veritone Inc
NASDAQ:VERI
|
$226.55 Million |
|
SIM Acquisition Corp. I Unit
NASDAQ:SIMAU
|
$226.53 Million |
|
Tianjin Ruixin Technology Co Ltd
SHE:300828
|
$226.43 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Avantel Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,641,192,000 to 2,372,462,000, a change of 731,270,000 (44.6%).
- Net income of 564,446,000 contributed positively to equity growth.
- Dividend payments of 48,654,000 reduced retained earnings.
- New share issuances of 73,312,000 increased equity.
- Other factors increased equity by 142,166,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹564.45 Million | +23.79% |
| Dividends Paid | ₹48.65 Million | -2.05% |
| Share Issuances | ₹73.31 Million | +3.09% |
| Other Changes | ₹142.17 Million | +5.99% |
| Total Change | ₹- | 44.56% |
Book Value vs Market Value Analysis
This analysis compares Avantel Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 14.13x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 47.74x to 14.13x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-03-31 | ₹2.72 | ₹130.00 | x |
| 2022-03-31 | ₹3.22 | ₹130.00 | x |
| 2023-03-31 | ₹4.20 | ₹130.00 | x |
| 2024-03-31 | ₹6.41 | ₹130.00 | x |
| 2025-03-31 | ₹9.20 | ₹130.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Avantel Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 23.79%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 22.70%
- • Asset Turnover: 0.86x
- • Equity Multiplier: 1.22x
- Recent ROE (23.79%) is below the historical average (25.14%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 23.15% | 19.76% | 0.89x | 1.31x | ₹87.10 Million |
| 2022 | 21.79% | 17.14% | 0.96x | 1.32x | ₹97.25 Million |
| 2023 | 24.97% | 17.38% | 1.03x | 1.39x | ₹160.90 Million |
| 2024 | 32.02% | 23.45% | 1.04x | 1.32x | ₹361.43 Million |
| 2025 | 23.79% | 22.70% | 0.86x | 1.22x | ₹327.20 Million |
Industry Comparison
This section compares Avantel Limited's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $6,054,575,307
- Average return on equity (ROE) among peers: -1.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Avantel Limited (AVANTEL) | ₹3.24 Billion | 23.15% | 0.20x | $226.57 Million |
| Aksh Optifibre Limited (AKSHOPTFBR) | $3.75 Billion | 5.77% | 0.55x | $5.78 Million |
| Astra Microwave Products Limited (ASTRAMICRO) | $683.35 Million | 53.61% | 1.31x | $869.17 Million |
| Birla Cable Limited (BIRLACABLE) | $1.87 Billion | 11.65% | 0.85x | $17.41 Million |
| D-Link (India) Limited (DLINKINDIA) | $1.86 Billion | 6.84% | 0.67x | $60.81 Million |
| GTL Infrastructure Limited (GTLINFRA) | $29.00 Billion | -13.04% | 4.52x | $149.53 Million |
| HFCL Limited (HFCL) | $-533.93 Million | 0.00% | 0.00x | $959.70 Million |
| ITI Limited (ITI) | $16.47 Billion | -26.04% | 2.32x | $300.25 Million |
| KAVDEFENCE (KAVDEFENCE) | $868.37 Million | 7.38% | 0.42x | $14.80 Million |
| Kavveri Telecom Products Limited (KAVVERITEL) | $532.58 Million | -59.18% | 11.08x | $9.13 Million |