Avantel Secures ₹11.59 Cr Order from NewSpace India for Xponder Devices

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Avantel Limited has received a purchase order worth ₹11.59 crore from NewSpace India Limited for supply, installation, and commissioning of Xponder devices.

PRICE-SENSITIVE TRIGGER

Event: Order Win (Purchase Order)

Type: Revenue-generating contract

Impact: Positive

Immediate Effect: Improves order book and strengthens presence in space/defence electronics

Key Metrics

  • Order Value: ₹11.59 Cr (Excluding Taxes)
  • Execution Deadline: October 2026

Highlights

Sector Exposure: Space / Satellite Communication (Xponder Devices)

What Happened ?

Avantel Limited has received a Purchase Order from NewSpace India Limited (NSIL) for Supply, Installation & Commissioning of Xponder Devices.

Key highlights

Nature of Orders

  • Manufacturing + system deployment
  • Satellite communication equipment

Scope of Work

  • Supply of Xponder devices
  • Installation & commissioning

Execution Timeline

  • Completion by: October 2026

Geography

  • Domestic
Risk Analysis

Key Risks

  • Execution delays
  • Dependency on government/PSU orders
  • Limited order size impact

Worst Case Scenario

Minimal impact due to small order size

Risk Level: Low

Company Commentary
  • Order received from NSIL via email dated April 6, 2026
  • Falls under normal course of business

Official Exchange Filing: Avantel Limited

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