Avantel Bags ₹177.35 Crore Purchase Order for Satellite Communication Equipment
Avantel Limited has received a firm purchase order worth ₹177.35 crore, including applicable taxes, from Zetwerk Manufacturing Businesses Limited for the supply of satellite communication equipment.
The purchase order is dated September 22, 2026, and has been received under a rate contract awarded by Zetwerk to Avantel, which the company had previously disclosed on March 25, 2026.
The order provides a fresh addition to Avantel’s business pipeline in the satellite communication equipment segment.
Avantel Receives ₹177.35 Crore Order
The purchase order covers the manufacturing and supply of satellite communication equipment, along with a one-year comprehensive onsite warranty.
The total order value is ₹177.35 crore, inclusive of applicable taxes.
The order is from a domestic entity and is classified as a manufacturing contract.
Key Order Details
| Particular | Details |
|---|---|
| Company | Avantel Limited |
| NSE Symbol | AVANTEL |
| BSE Code | 532406 |
| Customer | Zetwerk Manufacturing Businesses Limited |
| Order value | ₹177.35 crore including taxes |
| Product | Satellite communication equipment |
| Nature | Manufacturing |
| Warranty | 1-year comprehensive onsite warranty |
| Customer type | Domestic |
| Order date | September 22, 2026 |
| Execution deadline | March 2027 |
Order Follows Earlier Rate Contract
The latest purchase order has been issued pursuant to a rate contract awarded by Zetwerk Manufacturing Businesses Limited.
Avantel had informed the exchanges about the rate contract on March 25, 2026.
The September 22 purchase order represents a firm order under that previously announced arrangement.
This distinction is important because the latest disclosure represents a specific purchase order with a stated value of ₹177.35 crore.
Satellite Communication Equipment to Be Supplied
Under the purchase order, Avantel will manufacture and supply satellite communication equipment.
The contract also includes a one-year comprehensive onsite warranty.
The company has stated that the order is domestic and will be executed by March 2027.
Potential Order-Book Relevance for Avantel
The ₹177.35 crore purchase order is significant because it provides visibility for the company’s satellite communication equipment business over the coming months.
The order is scheduled for execution by March 2027, meaning revenue recognition would depend on the actual manufacturing, delivery and applicable accounting treatment during the execution period.
The order value includes taxes, so the headline ₹177.35 crore should not be treated as equivalent to net revenue or profit contribution.
Avantel’s Satellite Communication Business
Avantel operates in areas including satellite communication and defence-related communication technologies.
The latest order further adds to its business pipeline in satellite communication equipment.
However, the regulatory filing does not disclose the expected profit margin, net revenue contribution, or project-level profitability from this particular order.
What Investors Should Track
Investors tracking Avantel should monitor:
- Execution of the ₹177.35 crore order
- Delivery progress through March 2027
- Additional purchase orders under the rate contract
- Growth in the satellite communication business
- Order-book conversion into revenue
- Operating margins and profitability
- Further defence and communication equipment orders
Avantel Order: Key Takeaway
Avantel has received a ₹177.35 crore firm purchase order from Zetwerk Manufacturing Businesses for satellite communication equipment, including a one-year comprehensive onsite warranty.
The order is to be executed by March 2027 and follows the rate contract announced by Avantel in March 2026.
For investors, the key development is the conversion of the earlier rate contract into a firm, value-disclosed purchase order, providing greater visibility into Avantel’s near-term business pipeline.
Source: Avantel Limited regulatory filing dated September 23, 2026.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should review the company’s regulatory filings, financial results and risk factors before making investment decisions.
