AVANTEL LTD
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BSE Code:
532406
NSE Code:
AVANTEL
Business Profile
Business Profile
Avantel Softech (AVANTELQ) is a Hyderabad-based company engaged in manufacturing of telecom products and providing software development services. It was incorporated in 1990.
The ISO 9001:2000 certified company manufactures telecom products like repeaters, filters, power dividers, power amplifiers, directional couplers, splitters/tappers, handheld terminals, ship-borne terminals, and line drivers; satcom products like S-band receivers, UHF transmitters, burst demodulators, network management systems and solid state power amplifiers. The company has developed the first INSAT-based mobile satellite services (MSS) reporting terminal in India and also developed four versions of the hi-bit rate digital subscriber like (HSDL) equipment in India. The company products are used to enhance capacity and coverage of wireless communication networks for use in GSM, CDMA and 3G networks.
Services are offered in the areas of enterprise resource planning (ERP), web enabling of business processes, maintenance/enhancement of legacy systems, remote monitoring and management, network management systems, automation of test equipments and corporate portals. It has its development centers in Hyderabad, India and Boston, USA. The company has alliances with Space Applications Centre, ISRO, Department of Space, Government of India; L 3 Communications - Narda, USA; and Vedang Radio Technology.
Some of the company`s clients include Airtel, Hutch, BSNL, Nokia, defence and ISRO centers among others. The registered office of the company is located at Plot No.16, Sector-III Huda Techno Enclave, Madhavpur, Opposite VSNL Building, Hyderabad-500081, Andhra Pradesh.
Financials
Avantel Softech registered a profit of Rs 17.9 million for the quarter ended September 2007. It recorded a net sales of Rs 107.79 million for the quarter.
Total income was Rs 109 million for the quarter ended September 2007.
The diluted earnings per share (EPS) of the company stood at Rs 3.47 for the quarter ended September 2007.
Recent Developments
27-APR-06
Avantel Softech bagged an order worth Rs 238.5 million from Bharat Electronics, Hyderabad for acquisition of defense electronic equipment.
Future Plans
The company`s future plan of action includes developing trans receive modules, frequency translating repeaters, optical repeaters, satellite report terminals with enhanced capabilities and electronic warfare system.