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Surana Telecom & Power Ltd. Stock Analysis

Small Cap
Evaluated by 196 users | BSE: 517530 | NSE: SURANAT&P |
Cable
Surana Telecom & Power Ltd. was incorporated as a private company on August 14, 1989 as Surana Petro Products Pvt. Ltd and was engaged in the business of manufacturing of petro products such as petroleum jelly and telecom products such as jointing kits. In 1992 the company ventured into...

Analysis of Financial Track Record

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.
Value Creation
 Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Capital Employed 2.68%2.16%0.76%4.11%4.78%4.8%4.54%4.22%3.69%5.72%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 47.762.511.122.229.817.522.227.12424.9
Y-o-Y Gr. Rt.-31.1%-82.3%100.9%34.1%-41.3%27%21.7%-11.2%3.5%
Adjusted EPS (Rs.) 0.10.060.040.110.150.170.160.120.130.34
Y-o-Y Gr. Rt.--40%-33.3%175%36.4%13.3%-5.9%-25%8.3%161.5%
Book Value per Share (Rs.) 5.645.645.595.595.525.575.696.096.56.86
Adjusted Net Profit 1.10.60.41.11.51.81.61.61.84.6
Net Op. Cash Flow (Rs. Cr.) 17.4415.3-0.717.31.13.315.326.721.5
Debt to Cash Flow from Ops 0.492.341.86-44.361.5421.016.992.51.191.18
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Surana Telecom & Power Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales -7%-3.6%3.8%3.5%
Adjusted EPS 14.6%17.8%28.6%161.5%
Book Value per Share 2.24.46.45.5
Share Price 3% -2% -6.6% 0.5%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Equity (%) 1.390.910.581.812.52.942.672.222.034.98
Operating Profit Margin (%) 4.25-15.4514.3746.340.1769.7847.2447.1449.9858.41
Net Profit Margin (%) 2.230.983.374.965.0810.077.265.977.3718.56
Debt to Equity 0.140.160.490.540.460.390.390.460.360.27
Working Capital Days 339183860385294581519473546553
Cash Conversion Cycle 14645-134-502821927120112352
Entity Percentage Holding
Promoters 75.00%
Institutions 0.52%
Non-Institutions 24.48%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of Surana Telecom's performance infers:

Surana Telecom earnings have grown by 17.8%, whereas share price has depreciated -2% CAGR over the past five years, indicating the company's share price is likely undervalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of Surana Telecom share prices over the last 10 years. Here is what we found out:

Surana Telecom share price has depreciated -0.2% annually over the past ten years.

Surana Telecom & Power Ltd. was incorporated as a private company on August 14, 1989 as Surana Petro Products Pvt. Ltd and was engaged in the business of manufacturing of petro products such as petroleum jelly and telecom products such as jointing kits. In 1992 the company ventured into the telecommunication sector with the production of jelly filled telephone cables. Thereafter, the company was converted into a public limited company on July 9, 1993. By 1994, telecom business became the

Surana Telecom & Power Ltd. was incorporated as a private company on August 14, 1989 as Surana Petro Products Pvt. Ltd and was engaged in the business of manufacturing of petro products such as petroleum jelly and telecom products such as jointing kits. In 1992 the company ventured into the telecommunication sector with the production of jelly filled telephone cables. Thereafter, the company was converted into a public limited company on July 9, 1993. By 1994, telecom business became the primary business activity of the company and in order to reflect the same the name of the company was changed to Surana Telecom Ltd. on 05.08.1994.

Keeping in pace with the changing technology the company decided to expand further in the telecommunication sector by venturing into the production of optical fiber cable. For part financing the cost of optical fiber cable project, the company had gone in for a public issue on 7th November, 1994 and commenced the commercial production in July, 1995.

The company in the year 2001 set up a manufacturing facility for optical fiber which is the main raw material for the manufacturing of optical fiber cables. In the year 2002, the company ventured into assembling and marketing of GSM phones, CDMA terminals with accessories and Line Patch Panel Antenna.

In the year 2007, the company diversified into the power sector with the manufacturing of low tension and high tension power cables and setting up a 1.25 MW wind power generation plant. In order to reflect the diversity, the name of the company was again changed to “Surana Telecom and Power Limited” on 11 th October, 2007.

In the year 2008, the company ventured into Solar Photovoltaics (SPV) sector by establishing a SPV Modules manufacturing plant (a 100% EOU) at Cherlapally, Hyderabad with an installed capacity of 12MW. The company has also made a strategic investment in solar energy sector by formation of a joint venture company M/s. Surana Ventures Limited jointly with M/s Bhagyanagar India Ltd. The company is currently listed on National Stock Exchange of India (NSE) and Bombay Stock Exchange of India (BSE).

Busines area of the company includes:

  • Power-CABLE  -SOLAR PHOTOVOLATAIC  -WIND POWER
  • Aluminum - The company has set up Aluminum Propezi plant to manufacture aluminium rods of 7.9 & 9.6 diameter EC grade rods & alloy aluminum rods.
  • Real Estate -
  • Telecom - The company manufactures jelly filled cables at its manufacturing facility situated in Hyderabad & Goa and produces cables from the range of 5 pairs to 800 pairs with a total production capacity of 2.9 millions CKM. This unit is approved and recognized by BSNL, MTNL, Indian Railways & Private Telecom Operators. 
  • Optical Fibre - Keeping pace with rapid technological upgradations in telecom sector the company has set up a sophisticated state of the art plant to manufacture 60000 route km of pair 6,12,245 optic cable and accessories.
  • Heat Shrinkable Jointing Kits- Equipped with the most modern plant imported from Germany & extensive R & D has led to this unit becoming entirely self sufficient with an annual production capacity of 6 lakhs kits.
  • CDMA - This Unit manufactures international quality CDMA mobile handsets. Fixed Wireless Telephones & WLL Phones with an agreement of assembling & marketing tie up with LG Electronics of Korea & Huawei of China.

Achievements/ recognition:

  • Accredited ISO 9001-2000 certificate for its manufacturing facilities
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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