Share Price and Basic Stock Data

Last Updated: November 15, 2024, 5:47 pm

Market Cap	3,526 Cr.
Current Price	145
High / Low	224/86.0
Stock P/E	57.2
Book Value	8.45
Dividend Yield	0.14 %
ROCE	47.5 %
ROE	39.2 %
Face Value	2.00
PEG Ratio	1.78

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Avantel Ltd

Competitors of Avantel Ltd

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
Indus Towers Ltd	85,632 Cr.	318	461/176	11.4	105	0.00 %	22.1 %	24.2 %	10.0
Avantel Ltd	3,526 Cr.	145	224/86.0	57.2	8.45	0.14 %	47.5 %	39.2 %	2.00
ADC India Communications Ltd	799 Cr.	1,736	2,310/810	27.5	158	0.29 %	45.2 %	33.7 %	10.0
Shyam Telecom Ltd	37.9 Cr.	33.6	35.0/7.50		24.0	0.00 %	%	%	10.0
Prabhat Technologies (India) Ltd	107 Cr.	100	114/85.0		1.50	0.00 %	1.70 %	4.26 %	10.0
Industry Average	14,251.00 Cr	423.20		48.08	46.50	0.07%	21.43%	21.15%	8.70

All Competitor Stocks of Avantel Ltd

Quarterly Result

Month	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Sales	15	29	47	27	36	39	52	69	54	59	42	52	77
Expenses	10	21	37	19	26	27	33	54	29	34	23	37	42
Operating Profit	5	8	10	8	11	12	19	15	26	25	19	15	35
OPM %	33%	28%	21%	29%	29%	31%	36%	22%	47%	42%	46%	29%	46%
Other Income	0	0	1	0	0	0	0	0	0	0	0	0	0
Interest	0	0	0	1	1	2	2	1	2	1	0	1	1
Depreciation	1	1	1	1	1	1	1	1	2	2	2	3	3
Profit before tax	4	7	9	6	8	9	16	12	23	23	17	12	32
Tax %	18%	18%	21%	18%	18%	19%	35%	28%	27%	25%	22%	31%	27%
Net Profit	4	6	7	5	7	8	11	9	17	17	13	8	24
EPS in Rs	0.14	0.23	0.29	0.21	0.28	0.31	0.43	0.36	0.69	0.70	0.54	0.33	0.97

Last Updated: October 7, 2024, 8:34 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: October 23, 2024, 3:03 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	43	13	25	25	34	52	51	52	78	105	154	224	230
Expenses	33	11	21	21	30	40	36	37	56	77	105	140	136
Operating Profit	10	2	4	4	4	11	14	15	22	28	49	84	94
OPM %	24%	15%	16%	16%	11%	22%	28%	30%	29%	26%	32%	38%	41%
Other Income	0	0	1	0	1	15	1	1	1	1	0	1	2
Interest	1	1	2	2	2	1	1	1	2	2	5	4	3
Depreciation	1	2	2	2	2	2	2	3	3	4	5	7	10
Profit before tax	8	-1	1	1	1	24	12	13	18	24	40	74	83
Tax %	20%	-10%	26%	9%	16%	28%	23%	17%	17%	19%	25%	26%
Net Profit	7	-1	1	1	1	17	10	11	15	19	30	55	62
EPS in Rs	0.24	-0.04	0.04	0.02	0.04	0.71	0.39	0.44	0.63	0.79	1.23	2.28	2.54
Dividend Payout %	17%	0%	68%	69%	92%	9%	21%	15%	11%	8%	5%	9%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	-114.29%	200.00%	0.00%	0.00%	1600.00%	-41.18%	10.00%	36.36%	26.67%	57.89%	83.33%
Change in YoY Net Profit Growth (%)	0.00%	314.29%	-200.00%	0.00%	1600.00%	-1641.18%	51.18%	26.36%	-9.70%	31.23%	25.44%

Avantel Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	33%
5 Years:	35%
3 Years:	42%
TTM:	7%

Compounded Profit Growth
10 Years:	51%
5 Years:	42%
3 Years:	54%
TTM:	42%

Stock Price CAGR
10 Years:	48%
5 Years:	105%
3 Years:	123%
1 Year:	27%

Return on Equity
10 Years:	27%
5 Years:	31%
3 Years:	33%
Last Year:	39%

Last Updated: Unknown

Balance Sheet

Last Updated: October 15, 2024, 2:16 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	4	4	4	4	4	4	4	4	4	4	16	49	49
Reserves	19	17	16	16	17	33	39	48	62	80	96	123	157
Borrowings	4	11	9	9	10	0	0	0	3	16	30	18	17
Other Liabilities	5	3	3	3	3	6	4	15	17	11	12	34	54
Total Liabilities	33	34	32	32	34	43	47	67	87	110	154	223	277
Fixed Assets	16	15	14	13	13	12	12	14	16	25	26	44	49
CWIP	0	0	0	0	0	0	0	0	1	7	9	16	20
Investments	0	0	0	0	0	0	0	0	0	5	12	17	20
Other Assets	17	18	18	19	21	31	36	53	70	73	108	146	187
Total Assets	33	34	32	32	34	43	47	67	87	110	154	223	277

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	8	-2	4	4	2	9	4	3	45	-30	4	68
Cash from Investing Activity +	-6	-1	0	-1	-2	4	-1	0	-42	20	-13	-45
Cash from Financing Activity +	-1	2	-4	-2	-0	-12	-4	-3	-3	9	8	-23
Net Cash Flow	1	-1	0	-0	-0	1	-0	0	0	-1	-0	0

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	6.00	-9.00	-5.00	-5.00	-6.00	11.00	14.00	15.00	19.00	12.00	19.00	66.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	99	121	67	61	105	63	139	208	62	126	94	104
Inventory Days	22		459	551	190	122	62	139	34	130	257	219
Days Payable	5		20	14	12	38	4	43	4	5	17	28
Cash Conversion Cycle	116	121	505	597	282	147	197	305	91	251	334	295
Working Capital Days	80	387	191	204	172	101	154	217	24	206	224	159
ROCE %	38%	0%	9%	9%	9%	29%	33%	29%	33%	30%	37%	48%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Promoters	40.14%	40.14%	40.14%	40.14%	40.14%	40.14%	40.10%	40.10%	40.10%	40.06%	40.06%	40.06%
FIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.01%	0.11%
DIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.03%	0.01%	0.01%	0.00%	0.36%	0.62%
Public	59.86%	59.86%	59.86%	59.86%	59.87%	59.86%	59.88%	59.89%	59.89%	59.94%	59.56%	59.21%
No. of Shareholders	7,976	8,004	11,589	13,609	16,121	16,428	21,614	47,135	82,759	98,052	1,49,081	1,94,783

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	2.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	2.28	18.52	47.30	37.82	26.53
Diluted EPS (Rs.)	2.26	18.52	47.30	37.82	26.53
Cash EPS (Rs.)	2.57	21.70	57.09	45.29	33.21
Book Value[Excl.RevalReserv]/Share (Rs.)	7.05	68.98	206.46	163.35	127.43
Book Value[Incl.RevalReserv]/Share (Rs.)	7.05	68.98	206.46	163.35	127.43
Dividend / Share (Rs.)	0.20	1.00	4.00	4.00	4.00
Revenue From Operations / Share (Rs.)	9.20	95.12	258.79	191.60	128.03
PBDIT / Share (Rs.)	3.52	30.80	71.82	56.84	40.88
PBIT / Share (Rs.)	3.23	27.62	62.03	49.36	34.19
PBT / Share (Rs.)	3.06	24.62	58.30	45.63	32.09
Net Profit / Share (Rs.)	2.28	18.52	47.29	37.81	26.53
PBDIT Margin (%)	38.27	32.37	27.75	29.66	31.92
PBIT Margin (%)	35.12	29.03	23.96	25.76	26.70
PBT Margin (%)	33.25	25.88	22.52	23.81	25.06
Net Profit Margin (%)	24.76	19.47	18.27	19.73	20.71
Return on Networth / Equity (%)	32.34	26.84	22.90	23.14	20.81
Return on Capital Employeed (%)	44.17	38.79	28.67	28.55	24.59
Return On Assets (%)	24.86	19.52	17.41	17.67	16.08
Total Debt / Equity (X)	0.06	0.24	0.15	0.00	0.00
Asset Turnover Ratio (%)	1.19	1.17	1.07	1.01	0.90
Current Ratio (X)	3.18	2.76	3.11	3.89	4.69
Quick Ratio (X)	2.16	1.61	2.37	3.73	4.20
Inventory Turnover Ratio (X)	1.72	2.52	5.28	6.99	3.70
Dividend Payout Ratio (NP) (%)	2.92	5.39	8.45	5.28	15.07
Dividend Payout Ratio (CP) (%)	2.59	4.60	7.00	4.41	12.04
Earning Retention Ratio (%)	97.08	94.61	91.55	94.72	84.93
Cash Earning Retention Ratio (%)	97.41	95.40	93.00	95.59	87.96
Interest Coverage Ratio (X)	20.53	10.28	19.27	15.23	19.42
Interest Coverage Ratio (Post Tax) (X)	14.28	7.18	13.69	11.13	13.61
Enterprise Value (Cr.)	2407.62	681.80	426.83	110.43	59.09
EV / Net Operating Revenue (X)	10.75	4.42	4.07	1.42	1.14
EV / EBITDA (X)	28.09	13.65	14.65	4.79	3.56
MarketCap / Net Operating Revenue (X)	10.76	4.25	3.95	1.97	1.29
Retention Ratios (%)	97.07	94.60	91.54	94.71	84.92
Price / BV (X)	14.05	5.85	4.95	2.32	1.30
Price / Net Operating Revenue (X)	10.76	4.25	3.95	1.97	1.29
EarningsYield	0.02	0.04	0.04	0.09	0.16

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Avantel Ltd as of November 17, 2024 is: 189.73

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of November 17, 2024, Avantel Ltd is Undervalued by 30.85% compared to the current share price 145.00

Intrinsic Value of Avantel Ltd as of November 17, 2024 is: 250.75

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of November 17, 2024, Avantel Ltd is Undervalued by 72.93% compared to the current share price 145.00

Last 5 Year EPS CAGR: 32.16%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a high average ROCE of 25.33%, which is a positive sign. The company has higher reserves (55.62 cr) compared to borrowings (9.77 cr), indicating strong financial stability. The company has shown consistent growth in sales (83.54 cr) and profit (22.92 cr) over the years.	The stock has a high average Working Capital Days of 176.58, which may not be favorable. The stock has a high average Cash Conversion Cycle of 270.08, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Avantel Ltd:
1. Net Profit Margin: 24.76%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 44.17% (Industry Average ROCE: 17.15%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 32.34% (Industry Average ROE: 16.92%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 14.28
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 2.16
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 57.2 (Industry average Stock P/E: 28.85)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.06
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Avantel Ltd. is a Public Limited Listed company incorporated on 30/05/1990 and has its registered office in the State of Andhra Pradesh, India. Company’s Corporate Identification Number(CIN) is L72200AP1990PLC011334 and registration number is 011334. Currently Company is involved in the business activities of Other telecommunications activities. Company’s Total Operating Revenue is Rs. 104.94 Cr. and Equity Capital is Rs. 4.06 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
Telecom Equipment	Sy. No. 141, Plot No 47/P, Vishakapatnam Andhra Pradesh 531163	cs@avantel.in http://www.avantel.in

Management
Name	Position Held
Dr. Abburi Vidyasagar	Chairman & Managing Director
Mrs. Abburi Sarada	Whole Time Director
Mr. Abburi Siddhartha Sagar	Whole Time Director
Mr. Yalamanchili Kishore	Independent Director
Mr. Naveen Nandigam	Independent Director
Mr. Myneni Narayana Rao	Independent Director
Mr. Ramchander Vyasabhattu	Independent Director
Dr. Ajit T Kalghatgi	Independent Director
Ms. Harita Vasireddi	Independent Director

FAQ

What is the latest intrinsic value of Avantel Ltd?

The latest intrinsic value of Avantel Ltd as on 17 November 2024 is ₹189.73, which is 30.85% higher than the current market price of ₹145.00.

What is the Market Cap of Avantel Ltd?

The Market Cap of Avantel Ltd is 3,526 Cr..

What is the current Stock Price of Avantel Ltd as on 17 November 2024?

The current stock price of Avantel Ltd as on 17 November 2024 is ₹145.

What is the High / Low of Avantel Ltd stocks in FY 2024?

In FY 2024, the High / Low of Avantel Ltd stocks is 224/86.0.

What is the Stock P/E of Avantel Ltd?

The Stock P/E of Avantel Ltd is 57.2.

What is the Book Value of Avantel Ltd?

The Book Value of Avantel Ltd is 8.45.

What is the Dividend Yield of Avantel Ltd?

The Dividend Yield of Avantel Ltd is 0.14 %.

What is the ROCE of Avantel Ltd?

The ROCE of Avantel Ltd is 47.5 %.

What is the ROE of Avantel Ltd?

The ROE of Avantel Ltd is 39.2 %.

What is the Face Value of Avantel Ltd?

The Face Value of Avantel Ltd is 2.00.