Order Win
Avantel Receives ₹83.80 Crore Purchase Order from Zetwerk Manufacturing Businesses for Satellite Communication Equipment
NSE
avantel
BSE
532406
Avantel Limited has received a firm purchase order worth ₹83.80 crore (inclusive of taxes) from Zetwerk Manufacturing Businesses Limited for the supply of satellite communication equipment under an existing rate contract. The order is scheduled for execution by March 2027.
PRICE-SENSITIVE TRIGGER
Event: Receipt of a firm purchase order from Zetwerk Manufacturing Businesses Limited.
Type: Order Win
Impact: Positive
Immediate Effect: The order strengthens Avantel’s order book, provides revenue visibility through FY2026–27, and reinforces its position in the satellite communication equipment segment.
Key Metrics:
- Purchase Order Value: ₹83.80 Crore (Inclusive of Taxes)
- Customer: Zetwerk Manufacturing Businesses Limited
- Execution Timeline: By March 2027
- Revenue: Not disclosed
- EBITDA: Not disclosed
- PAT: Not disclosed
- Margins: Not disclosed
- QoQ / YoY Movement: Not disclosed
- Segment: Satellite Communication Equipment Manufacturing & AMC
Highlight:
- The company secured a firm purchase order worth ₹83.80 crore, adding meaningful order book visibility over the coming months.
What Happened ?
Avantel Limited informed the stock exchanges that it has received a firm Purchase Order dated June 29, 2026 from Zetwerk Manufacturing Businesses Limited pursuant to an earlier rate contract awarded on March 25, 2026.
The purchase order covers the manufacture and supply of satellite communication equipment together with a one-year comprehensive onsite warranty. The contract carries a total value of ₹83.80 crore (inclusive of applicable taxes)and is expected to be executed by March 2027.
Key Details
Purchase Order Details:
- Awarding Entity: Zetwerk Manufacturing Businesses Limited
- Contract Type: Firm Purchase Order under existing Rate Contract
- Nature of Work:
- Manufacture and supply of satellite communication equipment.
- One-year comprehensive onsite warranty.
- Business Segment:
- Manufacturing & Annual Maintenance Contract (AMC).
- Customer Category:
- Domestic.
- Order Value:
- ₹83.80 Crore (Inclusive of Taxes).
- Execution Timeline:
- Completion scheduled by March 2027.
- Promoter/Promoter Group Interest:
- Not Applicable.
- Related Party Transaction:
- Not Applicable.
Note:
- The purchase order has been received under a previously awarded rate contract, converting part of the earlier arrangement into executable business.
Risk Analysis
Summary:
- Although the purchase order provides revenue visibility, successful execution remains dependent on manufacturing schedules and timely deliveries.
Key Risks:
- Revenue recognition depends on milestone-based execution and deliveries.
- Manufacturing and supply-chain disruptions could impact execution timelines.
- Customer acceptance and warranty obligations remain part of contract execution.
- No margin or profitability guidance has been disclosed.
Worst Case:
- Execution delays or operational challenges could defer revenue recognition and affect project profitability.
Risk Level: Low
Company Commentary
- Avantel has received a firm purchase order from Zetwerk Manufacturing Businesses Limited.
- The order has been issued pursuant to the earlier rate contract awarded in March 2026.
- The scope includes the supply of satellite communication equipment along with a one-year comprehensive onsite warranty.
- The purchase order is valued at ₹83.80 crore (inclusive of taxes).
- The project is expected to be completed by March 2027.
Official Exchange Filing: Avantel Limited
