
Avantel Limited has added a meaningful order to its pipeline with a government-backed contract, reflecting sustained traction in specialised communication and monitoring systems.
The company has received a ₹137.12 crore order from the India Meteorological Department (IMD) for supplying seven wind profiler systems.
The contract covers not just supply but also system deployment, warranty obligations, and long-term maintenance, positioning it as a comprehensive, lifecycle-based project rather than a one-time execution.
A key feature of the order is its extended service structure, which includes a three-year warranty followed by a seven-year comprehensive maintenance agreement.
This ensures recurring revenue streams over a longer horizon, improving earnings stability beyond the initial execution phase.
Additionally, the inclusion of a performance bank guarantee aligns the contract with standard government procurement frameworks.
The project is scheduled for completion by September 2027, indicating a staggered execution timeline.
Such multi-year projects provide sustained workload visibility while allowing phased revenue recognition, which is typically favourable for operational planning and margin management.
Read More: Avantel Share Price Gains Over 12%; Secures Rate Contract Worth ₹459.90 Crore!
As of March 30, 2026, at 10:10 AM, Avantel share price is trading at ₹123.47 per share, reflecting a decline of 0.52% from the previous closing price.
The IMD order strengthens Avantel’s order book with both execution scale and recurring revenue potential, supporting long-term business visibility.
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Published on: Mar 30, 2026, 10:27 AM IST

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