ADC India Communications Ltd - Stock Valuation and Financial Performance

BSE: 523411 | NSE: KRONECOMM | Telecommunication - Equipment | Small Cap

ADC India Communicat Share Price

880.10 -1.65 -0.19%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on ADC India Communicat

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

ADC India Communications stock performance -

mw4me loader
P/E Ratio (SA):
31.51
Market Cap:
406.8 Cr.
52-wk low:
557
52-wk high:
1,125.1

Is ADC India Communications Ltd an attractive stock to invest in?

1. Is ADC India Communications Ltd a good quality company?

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

2. Is ADC India Communications Ltd undervalued or overvalued?

The key valuation ratios of ADC India Communications Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is ADC India Communications Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of ADC India Communications 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 ADC India Communicat:

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.
ADC India Communications 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'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 7.2%12%13.7%9.2%7.8%13.6%9.7%8.6%18.2%16.3%-
Value Creation
Index
-0.5-0.10.0-0.4-0.50.0-0.3-0.40.30.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 48.557.858.259.564.885.678.159.9121143169
Sales YoY Gr.-19.2%0.7%2.3%8.8%32.2%-8.8%-23.4%101.7%18.4%-
Adj EPS 7.410.911.48.47.612.58.37.818.41828.1
YoY Gr.-46.6%5.1%-26.3%-9.6%64.6%-34.1%-6.2%137.9%-2.3%-
BVPS (₹) 10579.687.996.3100.384.187.393.2109.2113138.9
Adj Net
Profit
3.455.33.93.55.83.83.68.58.313
Cash Flow from Ops. 9.96.93.230.44.92.958-4.2-
Debt/CF from Ops. 0000000000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 12.8%17.2%22.3%18.4%
Adj EPS 10.3%18.8%29.7%-2.3%
BVPS0.8%2.4%9%3.5%
Share Price 21.1% 31.1% 61.7% 55.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
7.211.813.79.27.813.69.68.618.216.222.3
Op. Profit
Mgn %
45.866.14.876.28.18.87.39.5
Net Profit
Mgn %
7.18.796.55.46.74.9675.87.7
Debt to
Equity
0000000000-
Working Cap
Days
21115416127030221121626715413977
Cash Conv.
Cycle
8539312238303041162751

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 22.30%

Sales growth is growing at healthy rate in last 3 years 22.30%

Net Profit is growing at healthy rate in last 3 years 29.67%

Sales growth is good in last 4 quarters at 18.34%

No data to display

Latest Financials - ADC India Communications Ltd.

Standalone Consolidated
TTM EPS (₹) 28.1 -
TTM Sales (₹ Cr.) 169 -
BVPS (₹.) 138.9 -
Reserves (₹ Cr.) 59 -
P/BV 6.37 -
PE 31.51 -
From the Market
52 Week Low / High (₹) 557.00 / 1125.10
All Time Low / High (₹) 26.30 / 1125.10
Market Cap (₹ Cr.) 407
Equity (₹ Cr.) 4.6
Face Value (₹) 10
Industry PE 28.1

Management X-Ray of ADC India Communicat:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.0065.0065.0065.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of ADC India Communicat

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales4958586065867860121143
Operating Expenses 4755555662807355110133
Manufacturing Costs1100111111
Material Costs354243465270644699114
Employee Cost 2333334444
Other Costs 99865554614
Operating Profit 233436551110
Operating Profit Margin (%) 3.7%5.7%5.9%6.1%4.8%6.9%6.2%8.1%8.8%7.2%
Other Income 2533331111
Interest 0000000000
Depreciation 0100001100
Exceptional Items 0000000000
Profit Before Tax 476669551111
Tax 0212231233
Profit After Tax 3554464488
PAT Margin (%) 6.8%8.6%9.0%6.5%5.5%6.8%4.9%6.1%7.0%5.7%
Adjusted EPS (₹)7.210.811.38.47.712.88.37.918.417.8
Dividend Payout Ratio (%)35%277%22%36%52%188%24%32%76%23%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 48374044463940435052
Share Capital 5555555555
Reserves 44323640423436384647
Minority Interest0000000000
Debt0000000000
Long Term Debt0000000000
Short Term Debt0000000000
Trade Payables11101012121613212424
Others Liabilities 31793922251315187
Total Liabilities 62646095807967799384

Fixed Assets

Gross Block1919181113555
Accumulated Depreciation1514140012122
Net Fixed Assets5441111333
CWIP 0000000000
Investments 0003333000
Inventories9557988111223
Trade Receivables11121112121513182020
Cash Equivalents 30362630302324283626
Others Assets761344252919192213
Total Assets 62646095807967799384

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 1073305358-4
PBT 476669551111
Adjustment -1-2-1-1-1-100-17
Changes in Working Capital 741-0-2-0031-18
Tax Paid 0-2-2-2-2-2-3-3-3-4
Cash Flow From Investing Activity 2222211111
Capex 0000000100
Net Investments 0000000000
Others 2222221011
Cash Flow From Financing Activity -1-4-14-1-2-13-3-1-1-6
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid 0000000000
Dividend Paid -1-4-14-1-1-11-2-1-1-6
Others 00000-2-1000
Net Cash Flow 115-930-7147-10
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)711.7213.549.167.8213.829.638.7318.2216
ROCE (%)7.8717.1215.2314.9512.9720.4613.3712.6924.4521.79
Asset Turnover Ratio0.850.950.980.790.751.081.070.821.411.62
PAT to CFO Conversion(x)3.331.40.60.7500.830.751.251-0.5
Working Capital Days
Receivable Days98707067675866955751
Inventory Days71443235433638593544
Payable Days998884888471821378478

ADC India Communications Ltd Stock News

ADC India Communications Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of ADC India Communicat on 28-Mar-2024 16:01 is ₹880.1.
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 28-Mar-2024 16:01 the market cap of ADC India Communicat stood at ₹406.8.
The latest P/E ratio of ADC India Communicat as of 28-Mar-2024 16:01 is 31.51.
The latest P/B ratio of ADC India Communicat as of 28-Mar-2024 16:01 is 6.37.
The 52-week high of ADC India Communicat is ₹1,125.1 and the 52-week low is ₹557.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of ADC India Communicat is ₹168.8 ( Cr.) .

About ADC India Communications Ltd

Krone Communications is a leading provider of innovative telecommunication connectivity solutions for communications infrastructures. It was incorporated in 1988, jointly by Krone AG Germany, Karnataka State Electronics Development Corporation (KEONICS) and M L Thukral and Associates, for manufacture of telephone connectors including black panel connectors and allied products for telecommunications cable network and industrial cabling systems. Krone Communications (KCL), is a 51% subsidiary of Germany-based Krone AG, and is engaged in manufacture of connection and distribution technology for copper and optical fibre networks as well as pertinent cables.

KCL has a range of products for public & private networks, wireless systems and Industrial wiring. It manufacturers telecom/ cabling-related equipment, including main distribution frame (MDF) tag block accessories, over-voltage protection magazine, modules etc, creating preconditions for all communication requirements. The parent company, Krone Gmbh was founded in 1928 and the Krone group is represented in over 140 countries (across five continents) by 30 subsidiaries and more than 80 sales partners. With the LSA-PLUS contact system, Krone has been setting global standards for decades in the field of telecommunications and it has received ISO 9002 certification. Krone`s partnership with US cable manufacturer Prestolite Wire completes the product range of the group and ensures the company`s world-wide market leadership as a systems supplier for telecommunications and data networks. Prestolite is a subsidiary of GenTek Inc and GenTek has taken over Krone A G Prestolite, a manufacturer of voice, data, copper and fibre-optic cables for the telecom industry and has been winning many infrastructure supply contracts.

The manufacturing facilities are set up in Peenya, Bangalore, with CNC moulding machines procured from Engal, Austria and injection moulding tools, jigs, fixtures etc, from Krone, AG Germany. The company has also set up a new Rs 5 crore manufacturing unit in Bangalore, which will serve as a base for global outsourcing. Krone Communications has also tied up with telecom major ITI for marketing its cabling and connection systems to address the large enterprise networking market.

KCL now has a strategic alliance with an Israeli company. Optical Access, which manufactures products based on free space optics (FSO) and optical based switching solutions. The first FSO link was successfully installed late last year for an enterprise. The management believes that these products would compliment the company`s existing solutions for the enterprise and carrier market. KCL offers a complete range of physical connectivity products for telecom & data networking i.e. voice & data communication applications.

Products:

• Main Distribution Frames (MDFs) used in telecom switches

• AccessNET suite of products, which address the requirement of telecom operators with physical connectivity solutions for copper & fibre

• PremisNET offers a suite of products and solutions that address the data networking market of cabling for corporates

• TrueNET a new generation suite of high-end cabling solutions that aims at maximising network throughout

Future plans:

During the coming years, the company would be positioning new products for BSNL and private telecom service providers and it is actively engaged in introduction of new products for the domestic and export market to maintain a leadership position in a market. The company would also be increasing its efforts in the PremiseNet segment by exploring OEM opportunities for new products and working with larger value added resellers (VAR). It has also embarked on a number of cost reduction initiatives both in operations and material inputs.

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