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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Avantel Ltd

Avantel wins Rs.137.12 Cr wind profiler supply order from India Meteorological Department

ORDERS ▲ Positive Development MEDIUM RISK
📅 Filed on BSE: 28 Mar 2026, 01:04 PM IST  ·  BSE ID: f4aa13d8-e4cb-466d-9a47-9e272245237d
View Original BSE Filing (PDF)
💡
In Simple Terms
The government's weather department awarded Avantel a Rs.137.12 Crore contract to supply and maintain seven wind measuring systems by September 2027.
🤖 AI Summary
  • Avantel received supply order from India Meteorological Department for Rs.137.12 Crores
  • Order scope: seven wind profiler systems with manufacturing, warranty, and COAMC services
  • Execution timeline: September 2027. Performance guarantee: 5%. Three years warranty plus seven years COAMC
  • Domestic government order with no promoter interest or related-party classification
  • Follows Rs.459.90 Crores rate contract announced March 25, 2026
🔢 Key Numbers — exact figures from BSE filing, not rounded
Order value (excl. taxes & duties)
Rs.137.12 Crores
Number of wind profiler systems
7 units
Warranty period
3 years
COAMC (maintenance) commitment
7 years
Performance bank guarantee
5% of order value
Execution deadline
September 2027
🏢 How This Affects the Company
📈
Business Impact
Order adds Rs.137.12 Crores to order book with 10-year embedded revenue stream (three-year warranty plus seven-year maintenance). Strengthens positioning with government meteorological agencies.
💰
Financial Impact
Receipt of order triggers revenue recognition upon delivery. Maintenance revenue extends cash inflows across 10-year service period. Excludes taxes and duties — actual cash receipt will be higher.
⚙️
Operational Impact
Requires manufacturing capacity for seven wind profiler systems and establishment of seven-year maintenance support infrastructure. September 2027 deadline allows 18-month execution window.
⚠️
Risk Impact
Order carries 5% performance bank guarantee obligation. Seven-year COAMC commitment creates long-term service delivery liability requiring sustained technical workforce and spare parts management.
👥 What This Means For Shareholders
✅
Action Required
No action required. Monitor quarterly results for revenue recognition timing and cash collection from IMD deliverables.
👤
Who Is Affected
All shareholders benefit from order book expansion and 10-year embedded maintenance revenue. Payment certainty from government entity reduces collection risk.
🔍
Management Signal
Continued focus on government infrastructure and meteorological sectors. Two major orders within four days (March 25, 28) signals strong bid pipeline and improved market traction in specialized equipment segments.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
Q4 FY26 results — track order execution progress and revenue recognition timing for IMD delivery
IMD delivery updates — validate manufacturing schedule against September 2027 execution deadline
COAMC activation — monitor maintenance revenue commencement after warranty period completion
MEDIUM RISK 7-year COAMC obligation requires sustained operational capability. 5% performance guarantee and fixed-price maintenance create margin pressure if costs escalate.
💡 Investor Takeaway
Avantel's order book now includes Rs.137.12 Crores in meteorological equipment supply from IMD with embedded 10-year service revenue. Combined with Rs.459.90 Crores rate contract announced March 25, 2026, recent wins total Rs.597.02 Crores. Execution runs through September 2027.
⚖️ Strengths & Concerns

✅ Positives

  • Order from central government ministry ensures payment certainty and enhances credential profile in meteorological equipment segment.
  • 10-year embedded revenue stream (warranty plus seven-year COAMC) creates predictable, multi-year cash visibility beyond initial delivery.

⚠️ Concerns

  • 18-month execution window with September 2027 deadline requires manufacturing ramp-up and supply chain management for specialized equipment.
  • Seven-year COAMC obligation creates operational burden and potential margin compression if cost inflation outpaces service pricing fixed at order date.
📅 Company Track Record
Avantel has demonstrated consistent order traction in specialized equipment. March 25, 2026 filing disclosed Rs.459.90 Crores rate contract for satellite equipment with 5-year recurring maintenance, indicating strengthening market position in government and infrastructure sectors.

Based on publicly available historical data. For context only.

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⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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