Is Frog Cellsat a good quality company?

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

Is Frog Cellsat undervalued or overvalued?

The key valuation ratios of Frog Cellsat Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone .

What is Frog Cellsat share price return in the past 10 years?

Data is not available for this company

Is Frog Cellsat a good buy now?

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

Frog Cellsat Ltd - Stock Valuation and Financial Performance

Name: Frog Cellsat
Brand: Frog Cellsat

BSE: 0 | NSE: FROG | Telecommunication - Equipment | Small Cap

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BSE Share Price
Not Listed

10 Year X-Ray of Frog Cellsat:

Analysis of Financial Track Record

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

Standalone Basis ^P Consolidated Basis ^P

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

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	44.9%	30.3%	18.4%	7%	-8.5%	6.5%	17.9%	33.4%	23.9%	15.7%	-
Value Creation Index ⓘ	2.2	1.2	0.3	-0.5	-1.6	-0.5	0.3	1.4	0.7	0.1	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	65.2	84.1	86.9	88.5	60.5	87	120	133	135	158	169
Sales YoY Gr.	-	29%	3.3%	1.9%	-31.7%	43.9%	37.7%	10.9%	1.7%	16.6%	-
Adj EPS ⓘ	10.6	7.9	6.5	2.4	-6.1	1.1	5.6	12.3	11.4	8.5	9.4
YoY Gr.	-	-25%	-18.6%	-62.6%	-351.5%	NA	399.1%	118.8%	-7.5%	-25.3%	-
BVPS (₹) ⓘ	27.7	35.7	42.5	45.2	39.2	40	45.9	53.8	75.1	84.6	87.7
Adj Net Profit ⓘ	11.9	9	7.3	2.7	-6.9	1.3	6.4	14	17.6	13.2	15
Cash Flow from Ops. ⓘ	1.7	6.3	0.9	9.8	-3.2	8.9	7	2.4	7.1	6.9	-
Debt/CF from Ops. ⓘ	6.2	2	14.3	2.6	-7.4	2	0.5	2.6	0	0.7	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	10.3%	21.1%	9.6%	16.6%
Adj EPS ⓘ	-2.3%	NA	14.8%	-25.3%
BVPSⓘ	13.2%	16.7%	22.7%	12.7%
Share Price	-	-	-	72.3%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	47	25	16.5	5.5	-14.4	2.9	13.1	24.8	19.9	10.7	10.9
Op. Profit Mgn % ⓘ	24.9	19.1	12.7	5.1	-6.5	6.3	8.8	14.5	18.6	12.5	10.3
Net Profit Mgn % ⓘ	18.3	10.6	8.4	3.1	-11.3	1.5	5.3	10.5	13	8.4	8.6
Debt to Equity ⓘ	0.3	0.3	0.3	0.5	0.5	0.4	0.1	0.1	0	0	0
Working Cap Days ⓘ	212	224	193	219	293	201	165	151	165	165	88
Cash Conv. Cycle ⓘ	100	109	114	134	169	102	59	54	84	99	52

Recent Performance Summary

Net Profit is growing at healthy rate in last 3 years 14.79%

Sales growth is good in last 4 quarters at 22.94%

Return on Equity has declined versus last 3 years average to 10.90%

Sales growth has been subdued in last 3 years 9.57%

Latest Financials - Frog Cellsat Ltd.

	Standalone	Consolidated
TTM EPS (₹)	9.4	10.1
TTM Sales (₹ Cr.)	169	169
BVPS (₹.) ⓘ	87.7	88.8
Reserves (₹ Cr.) ⓘ	120	122
P/BV ⓘ	3.71	3.67
PE ⓘ	34.58	32.40

From the Market
52 Week Low / High (₹)	0.00 / 0.00
All Time Low / High (₹)	- / -
Market Cap (₹ Cr.)	504
Equity (₹ Cr.)	15.5
Face Value (₹)	10
Industry PE ⓘ	46.6

Management X-Ray of Frog Cellsat:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

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

Valuation of Frog Cellsat

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Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Frog Cellsat

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	65	84	87	89	60	87	120	133	135	158
Operating Expenses ⓘ	49	68	76	84	64	82	110	114	111	138
Manufacturing Costs	1	3	9	15	18	21	17	18	22	30
Material Costs	31	49	51	55	32	48	79	79	68	89
Employee Cost	10	11	9	9	8	7	7	6	10	9
Other Costs ⓘ	8	6	7	5	6	6	7	11	10	10
Operating Profit ⓘ	16	16	11	5	-4	5	10	19	25	20
Operating Profit Margin (%)	24.6%	19.1%	12.6%	5.1%	-6.6%	5.8%	8.2%	14.3%	18.3%	12.5%
Other Income ⓘ	0	0	2	2	1	2	3	3	1	3
Interest ⓘ	0	1	1	2	2	2	1	1	1	0
Depreciation ⓘ	2	2	2	2	3	3	2	1	2	3
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	-3	0
Profit Before Tax ⓘ	14	14	10	3	-8	2	9	20	21	19
Tax ⓘ	2	5	2	0	-2	1	3	6	6	4
Profit After Tax	12	9	8	3	-7	1	7	14	15	15
PAT Margin (%)	18.1%	10.7%	8.9%	3.4%	-11.3%	1.1%	5.5%	10.5%	11.4%	9.6%
Adjusted EPS (₹)	10.5	8.0	6.9	2.7	-6.1	0.9	5.9	12.4	10.1	9.8
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	36%	0%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	31	40	48	51	44	45	52	61	115	131
Share Capital ⓘ	0	0	0	0	0	0	0	0	15	15
Reserves ⓘ	31	40	48	51	44	45	52	61	100	115
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	10	12	12	24	21	15	3	5	0	5
Long Term Debt	3	2	2	15	12	10	3	3	0	0
Short Term Debt	7	10	10	9	9	5	0	2	0	5
Trade Payables	10	12	7	6	3	18	24	15	11	9
Others Liabilities ⓘ	12	1	1	4	3	4	3	2	4	9
Total Liabilities ⓘ	63	65	68	85	71	82	82	83	131	154
Fixed Assets
Gross Block	12	14	15	18	23	23	18	20	23	93
Accumulated Depreciation	3	5	7	9	11	14	13	14	15	17
Net Fixed Assetsⓘ	9	9	9	9	12	9	5	6	8	76
CWIP ⓘ	0	0	0	2	0	0	0	7	36	0
Investmentsⓘ	0	0	2	10	10	11	12	10	0	0
Inventories	15	23	15	18	16	18	16	24	25	26
Trade Receivables	22	19	28	17	13	21	27	20	28	31
Cash Equivalents	0	5	6	8	7	9	10	4	20	1
Others Assetsⓘ	16	9	8	20	14	14	12	12	14	19
Total Assets ⓘ	63	65	68	85	71	82	82	83	131	154

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	2	6	1	10	-3	9	7	2	7	7
PBT ⓘ	14	14	10	3	-8	2	9	20	24	19
Adjustment ⓘ	5	3	4	2	5	3	3	0	0	-1
Changes in Working Capital ⓘ	-15	-8	-11	6	1	5	-5	-15	-8	-6
Tax Paid ⓘ	-2	-3	-2	-2	-1	-1	0	-2	-6	-5
Cash Flow From Investing Activity ⓘ	-8	-3	-1	-18	0	0	5	-7	-33	-30
Capex	-8	-2	-2	-5	-4	-1	2	-9	-32	-33
Net Investments	0	-1	0	-13	4	-1	-1	2	1	0
Others ⓘ	0	0	1	0	1	1	4	0	-1	3
Cash Flow From Financing Activityⓘ	5	1	0	10	-4	-8	-14	-3	35	4
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	42	0
Net Proceeds from Borrowing ⓘ	2	-1	0	12	-2	-2	-7	0	-3	0
Interest Paid ⓘ	0	-1	-1	-1	-2	-2	-1	0	-1	0
Dividend Paid ⓘ	0	0	0	0	0	0	0	-5	0	0
Others ⓘ	4	3	1	-1	0	-3	-5	2	-3	5
Net Cash Flow ⓘ	-1	5	0	2	-7	1	-2	-8	9	-19

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	46.52	25.19	17.54	6.11	-14.38	2.16	13.62	24.79	17.54	12.28
ROCE (%)	44.9	30.28	18.37	7.01	-8.49	6.51	17.85	33.35	23.87	15.74
Asset Turnover Ratio	1.45	1.32	1.45	1.16	0.78	1.13	1.46	1.61	1.26	1.11
PAT to CFO Conversion(x)	0.17	0.67	0.13	3.33	N/A	9	1	0.14	0.47	0.47
Working Capital Days
Receivable Days	89	88	89	93	89	72	73	64	64	68
Inventory Days	56	83	72	68	102	71	53	55	66	59
Payable Days	68	83	67	39	44	70	92	91	72	42

Frog Cellsat Ltd Stock News

Frog Cellsat Ltd FAQs

What is the share price of Frog Cellsat?

Company share prices are keep on changing according to the market conditions. The closing price of Frog Cellsat on 01-Jan-1970 05:30 is ₹0.00.

What is the market cap of Frog Cellsat?

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 01-Jan-1970 05:30 the market cap of Frog Cellsat stood at ₹503.9.

What is the P/E ratio of Frog Cellsat?

The latest P/E ratio of Frog Cellsat as of 01-Jan-1970 05:30 is 34.58.

What is the P/B ratio of Frog Cellsat?

The latest P/B ratio of Frog Cellsat as of 01-Jan-1970 05:30 is 3.71.

What is the 52-week high and low of Frog Cellsat?

The 52-week high of Frog Cellsat is ₹0.00 and the 52-week low is ₹0.00.

What is the TTM revenue of Frog Cellsat?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Frog Cellsat is ₹168.9 ( Cr.) .

About Frog Cellsat Ltd

The Company was incorporated on July 12, 2004 as a private limited company under the provisions of Companies Act, 1956 with the Registrar of Companies, Delhi in the name and style of ‘Frog Cellsat Private Limited’. Subsequently, the Company was converted into public limited company pursuant to which the name of the Company was changed to “Frog Cellsat Limited” vide shareholder’s approval on February 20, 2014 and fresh certificate of incorporation dated March 25, 2014. The Company got listed on Emerge ITP Platform of National Stock Exchange of India Limited (NSE) on May 02, 2014. Further, the Company had made an application for delisting and NSE vide its letter dated June 6, 2018 hereby notified that the securities shall be delisted with effect from June 13, 2018. Further the admissions to dealings in the securities were withdrawn w.e.f. June 20, 2018.

The company is engaged in manufacturing of telecom equipment’s used by telecom operator’s especially in Telecom Towers. It manufactures 2G/3G/4G Multi-band Digital RF Repeaters, Multi-band Frequency Shift Repeater, Multi-band Optical DAS system, relative software and accessories. It also offer In-Building Coverage Planning and Design services along with Radio Access Network (RAN) and Backhaul Network installation services. The company has two production unit one is located in Noida and second one is in located in Dehradun. Its end-to-end RF enhancement solutions are well positioned in the industry for being price competitive, field proven, future-ready, and highly reliable. Its design, development, manufacturing, and quality control processes are ISO 9001:2015 certified. Its success is an outcome of strategic focus on innovative R&D, to produce a unique range of RF products conforming to the applicable standards from ETSI, 3GPP, TEC, and other standardization bodies.

It is one of the most experienced and focused Telecommunication equipment suppliers. Since inception, it has been expanding and diversifying its product portfolio to offer the widest range of indoor and outdoor coverage solutions in the industry today. It directly sale its products in the market and are not dependent upon any dealers/distributors for sale of products. The company is providing its products and services across Asia, Europe, Africa, and the Middle East. Its main products are 2G/3G/4G Multi-band Digital RF Repeaters, Multi-band Frequency Shift Repeater, Multi-band Optical DAS system, relative software and accessories. Also, its Production line is equipped with anti-static equipment, all products are subject to rigorous and reliability tests. It has been awarded the India-Israel Industrial R&D and Technology Innovation Fund (I4F) established by Department of Science & Technology (DST), Government of India from the Indian side and Israel Innovation Authority (IIA) from the Israeli side for development of Cellular Interface Mitigation Solution for Indian Market, based on UBiFiX Solution. UBiFiX solution assists mobile operators to protect and extract the most out of their licensed spectrum by cancelling external interference at the input of a cellular base-station receiver.

Business area of the company

The company is one of the most experienced and focused Telecommunication equipment suppliers. Its main products are 2G/3G/4G Multi-band Digital RF Repeater, Multi-band Frequency Shift Repeater, Multi-band Optical DAS system, relative software and accessories. Also, our Production line is equipped with anti-static equipment, all products are subject to rigorous and reliability tests.

Key events and milestones

2004: The company was incorporated as Frog Cellsat Private Limited.
2014: The company changed its name from ‘Frog Cellsat Private Limited’ to ‘Frog Cellsat Limited’.
2014: The company was converted into Public Limited Company vide fresh certificate of incorporation dated March 25, 2014.
2014: The company got listed on ITP Platform of National Stock Exchange of India Limited (NSE).
2019: Recognized as Great Place to Work with ranking as 12th best among all India Mid-sized companies.
2022: The company was assigned Credit Rating of ‘BWA SME 1’ (indicates ‘Highest’ level of credit worthiness adjudged in relation to other SMEs) by Brickworks.