Vindhya Telelinks Ltd - Stock Valuation and Financial Performance

BSE: 517015 | NSE: VINDHYATEL | Telecom-Infrastructure | Small Cap

Vindhya Telelinks Share Price

1,938.10 -13.95 -0.71%
as on 21-Nov'24 16:59

DeciZen - make an informed investing decision on Vindhya Telelinks

Overall Rating
Bole Toh

1. Quality

2. Valuation

Undervalued

3. Price Trend

Vindhya Telelinks stock performance -

mw4me loader
P/E Ratio (SA):
17.07
Market Cap:
2,313.4 Cr.
52-wk low:
1,863.9
52-wk high:
3,233

Is Vindhya Telelinks Ltd an attractive stock to invest in?

1. Is Vindhya Telelinks Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Vindhya Telelinks Ltd is a average quality company.

2. Is Vindhya Telelinks Ltd undervalued or overvalued?

The key valuation ratios of Vindhya Telelinks Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

3. Is Vindhya Telelinks Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Vindhya Telelinks Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Vindhya Telelinks:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Vindhya Telelinks Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 19.3%26.3%19.2%20.2%26%16%12.8%10.6%16.4%16.3%-
Value Creation
Index
0.40.90.40.40.90.1-0.1-0.20.20.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 6529849981,3432,0951,8831,5021,3242,9004,0874,160
Sales YoY Gr.-51%1.4%34.6%56.1%-10.1%-20.2%-11.9%119.1%40.9%-
Adj EPS 47.768.653.870.5140.9107.887.470.6129.4128.9114.4
YoY Gr.-43.8%-21.7%31.1%99.8%-23.5%-18.9%-19.2%83.3%-0.4%-
BVPS (₹) 248.5310.3373.1446.8616.7656.8747.9851.6959.21,119.21,156.6
Adj Net
Profit
56.681.363.783.616712810483.7153153136
Cash Flow from Ops. -68.768.482.4-120-25833.625518334.2441-
Debt/CF from Ops. -4.44.63.3-3.9-3.226.62.83.119.31.1-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 22.6%14.3%39.6%40.9%
Adj EPS 11.7%-1.8%13.8%-0.4%
BVPS18.2%12.7%14.4%16.7%
Share Price 14.4% 19% 22% -19.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
2124.615.817.226.516.912.58.814.312.410.1
Op. Profit
Mgn %
15.217.312.913.216.213.91412.19.77.26.5
Net Profit
Mgn %
8.78.36.46.286.86.96.35.33.73.3
Debt to
Equity
10.90.60.91.11.20.80.60.60.40.2
Working Cap
Days
262231283298309435534534282243121
Cash Conv.
Cycle
105819311015025131932312810148

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 39.60%

Net Profit is growing at healthy rate in last 3 years 13.81%

Sales growth is good in last 4 quarters at 18.02%

Return on Equity has declined versus last 3 years average to 10.10%

Latest Financials - Vindhya Telelinks Ltd.

Standalone Consolidated
TTM EPS (₹) 114.4 194.9
TTM Sales (₹ Cr.) 4,160 4,160
BVPS (₹.) 1,156.6 3,304
Reserves (₹ Cr.) 1,359 3,904
P/BV 1.69 0.59
PE 17.07 10.02
From the Market
52 Week Low / High (₹) 1863.90 / 3232.95
All Time Low / High (₹) 12.60 / 3232.95
Market Cap (₹ Cr.) 2,313
Equity (₹ Cr.) 11.9
Face Value (₹) 10
Industry PE 46.8

Management X-Ray of Vindhya Telelinks:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Vindhya Telelinks

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales6529849981,3432,0951,8831,5021,3242,9004,087
Operating Expenses 5538158691,1651,7561,6231,2921,1642,6203,792
Manufacturing Costs812553773024797294054621,3591,964
Material Costs4094603897411,1137247365521,0681,557
Employee Cost 2940476387968887111158
Other Costs 346156597773626381114
Operating Profit 99169129177340260210160281295
Operating Profit Margin (%) 15.1%17.2%12.9%13.2%16.2%13.8%14.0%12.1%9.7%7.2%
Other Income 1018189131924311424
Interest 34534147769778577388
Depreciation 10131313202123221824
Exceptional Items 0-500000000
Profit Before Tax 6511694126257161132112204206
Tax 7382843883429274951
Profit After Tax 5877668316912710485154155
PAT Margin (%) 8.9%7.9%6.6%6.2%8.0%6.7%6.9%6.4%5.3%3.8%
Adjusted EPS (₹)48.965.355.470.4142.4107.187.471.4130.2130.8
Dividend Payout Ratio (%)10%9%13%14%8%9%11%14%12%11%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 2943684425297307788861,0091,1371,326
Share Capital 12121212121212121212
Reserves 2823564305177197668749971,1251,315
Minority Interest0000000000
Debt302293266457801831563449553312
Long Term Debt12188100112355364235171362288
Short Term Debt18120516634544646632827719124
Trade Payables150179304465668586535350891785
Others Liabilities 62103163166410410442319515893
Total Liabilities 8089421,1751,6172,6092,6052,4262,1273,0963,317

Fixed Assets

Gross Block18520583108171176223212226300
Accumulated Depreciation1171271324436083104121143
Net Fixed Assets68787184128116140108105157
CWIP 0016501901241
Investments 118140153166220150166222204265
Inventories80771913738039747487609611,190
Trade Receivables3493844657211,2101,1021,1547081,027929
Cash Equivalents 212540343512231345171
Others Assets171238240235212232196315730604
Total Assets 8089421,1751,6172,6092,6052,4262,1273,0963,317

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity -696882-120-2583425518334441
PBT 6511694126257161132112204206
Adjustment 273930508310789615483
Changes in Working Capital -145-56-9-257-513-1756644-164189
Tax Paid -16-31-33-40-85-60-32-34-59-38
Cash Flow From Investing Activity -21-35-12-27-3015-338-30-41
Capex -20-24-13-37-54-31-27-14-34-46
Net Investments -8-27-1711219011-11-11
Others 7151910132724411517
Cash Flow From Financing Activity 90-33-71147287-46-249-22328-284
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 51-10-11626137-29-108183-18
Interest Paid -26-42-28-37-61-87-70-52-56-79
Dividend Paid -3-7-8-9-14-14-12-12-12-18
Others 6727-3517810118-139-50-87-169
Net Cash Flow 01-10-122-132116
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)21.5223.3816.2217.1726.7816.8212.448.9314.3812.59
ROCE (%)19.2826.3419.1620.1726.0115.9912.8310.6116.4116.34
Asset Turnover Ratio11.170.970.970.990.730.60.581.111.28
PAT to CFO Conversion(x)-1.190.881.24-1.45-1.530.272.452.150.222.85
Working Capital Days
Receivable Days16013015115916822227325710987
Inventory Days4128487610217120920810896
Payable Days127131227189186316278293212197

Vindhya Telelinks Ltd Stock News

Vindhya Telelinks Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Vindhya Telelinks on 21-Nov-2024 16:59 is ₹1,938.1.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 21-Nov-2024 16:59 the market cap of Vindhya Telelinks stood at ₹2,313.4.
The latest P/E ratio of Vindhya Telelinks as of 21-Nov-2024 16:59 is 17.07.
The latest P/B ratio of Vindhya Telelinks as of 21-Nov-2024 16:59 is 1.69.
The 52-week high of Vindhya Telelinks is ₹3,233 and the 52-week low is ₹1,863.9.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Vindhya Telelinks is ₹4,160 ( Cr.) .

About Vindhya Telelinks Ltd

Vindhya Telelinks was established in the joint sector between Universal Cables Limited, Satna, belonging to the M P Birla Group and Madhya Pradesh State Industrial Development Corporation Limited to implement a project for manufacturing of Polyethylene Insulated Jelly Filled Telephone Cables (JFTC). The plant which is located at Rewa (M.P.) started commercial production in 1986.

The plant and machinery installed in the organization is from world famous cable, machinery manufacturers like Maillefer S.A. - Switzerland, Pourtier-France, Kabmatik-Sweden, Rosendahl-Austria, Dussek Campbell-U.K. and Medek Schorner-Austria.

Initial capacity set up to manufacture 6.25 lakh Core Kilometers of JFTC has been increased over the period to 74.8 LCKM ranging upto 2400 Pair with all the facilities to manufacture the best cables meeting customer requirements to ensure Total Customer Satisfaction.

The company has state-of-the-art facilities for manufacture of Optical Fibre Cables (OFC) with latest technology covering full range of such cables with a capacity of more than 34,272 Cable KM per annum. The company is also having world class Optic Fibre Ribbon manufacturing facility with annual capacity to produce about 1 lakh Ribbon Km. It can produce about 5783 Km of Optical Fibre Ribbon Cable of different fibre count.The company is managed by a qualified and experienced team of managers and engineers with skilled workers, fully trained for carrying out their tasks.

The company has  become the leading supplier of Jelly Filled Telecommunication cables to Bharat Sanchar Nigam Limited (BSNL), Mahanagar Telephone Nigam Limited (MTNL) and other leading user organizations like Bharti, Hughes, Reliance Infocomm, Tata Tele Services, Spice Telecom, NTPC, SAIL, Railways, Defence organizations, Different Coal Fields & Mining Companies, Oil & Refining companies, Department of Atomic Energy, Nuclear Power Corporation etc.

The major foundation stones for the success of the company are satisfaction to the customer, consistency in quality of product, timely delivery and endeavor to continuously improve the quality and customer satisfaction.

Product range of the company includes:

Optical Fibre Cables

  • ADSS Micro Duct
  • Aerial Unitube Duct
  • High Count Metal Free (Ribbon Type)  Multitube Duct
  • Armoured  Premise Cable
  • FRP  

Copper Telecom Cables

  • Foam Skin/Solid PE Insulated  Self Supporting Aerial
  • Indoor   Signaling
  • Underground Jelly Filled Quad  Screen/Unscreened Data Cable
  • PCM   Aerial Bunched Cable

Achievements/ recognition:-

Vindhya Telelinks Limited, being a world class manufacturing company, more than meets customer requirements. Accordingly the company holds Quality Management System Certification, IS/ISO 9001:2000.

The commitment towards environment of the company has been acknowledged with an award of Environmental Management System certification, ISO 14001:2004. 

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