Surana Telecom And Power Ltd Stock Analysis

BSE: 517530 | NSE: SURANAT&P | Cable | Small Cap

BSE Share Price Jan 25, 18:01
15.42 0.73 (4.97%)

DeciZen - Make an Informed Decision on Surana Telecom

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity See How?

1. Quality

2. Valuation

Overvalued
P/E P/S EV/EBITDA

3. Price Trend

Semi Strong

FAQ's

1. Is Surana Telecom And Power Ltd a good quality company?

Data is not available for this company.

2. Is Surana Telecom And Power Ltd undervalued or overvalued?

The key valuation ratios of Surana Telecom And Power Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Surana Telecom And Power Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Surana Telecom And Power Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Surana Telecom:

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

Value Creation Index Colour Code Guide
Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
ROCE % 0.8%4.1%4.8%4.8%4.5%4.2%3.7%5.7%4.6%4.2%-
Value Creation Index -1.0-0.7-0.7-0.7-0.7-0.7-0.7-0.6-0.7-0.7-

Growth Parameters

Growth Parameters Colour Code Guide
Sales 11.122.229.817.522.227.12424.920.217.817
YoY Gr. Rt. %-100.9%34.1%-41.3%27%21.7%-11.2%3.5%-18.7%-12%-
Adj EPS 00.10.20.20.20.10.10.30.20.30.2
YoY Gr. Rt. %-175%36.4%13.3%-5.9%-25%8.3%161.5%-29.4%4.2%-
BVPS (₹) 5.65.65.55.65.76.16.56.97.27.78
Adj Net Profit 0.41.11.51.81.61.61.84.63.33.43
Cash Flow from Ops. 15.3-0.717.31.13.315.326.721.54.811.3-
Debt/CF from Ops. 1.9-44.41.52172.51.21.27.22.8-

CAGR

CAGR Colour Code Guide
9 Years 5 Years 3 Years 1 Years
Sales 5.4%-4.4%-9.5%-12%
Adj EPS 22.6%9.3%24.4%4.2%
BVPS 3.76.468.1
Share Price 16.7% 25.1% 54.4% 216%

Key Financial Parameters

Performance Ratio Colour Code Guide
Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on Equity % 0.61.82.52.92.72.2253.43.33.1
Op. Profit Mgn % 14.446.340.269.847.247.15058.4525860.1
Net Profit Mgn % 3.455.110.17.367.418.616.118.919.4
Debt to Equity 0.50.50.50.40.40.50.40.30.40.3-
Working Cap Days 8603852945815194735465538861,1390
Cash Conv. Cycle -134-50282192712011235225240

Recent Performance Summary

Net Profit is growing at healthy rate in last 3 years 24.36%

Return on Equity has declined versus last 3 years average to 3.10%

Sales growth has been subdued in last 3 years -9.52%

Sales growth is not so good in last 4 quarters at -8.43%

Latest Financials - Surana Telecom And Power Ltd.

Standalone Consolidated
TTM EPS (₹) 0.2 0.4
TTM Sales (₹ Cr.) 16.8 29.1
BVPS (₹.) 8 8.4
Reserves (₹ Cr.) 95 101
P/BV 1.93 1.83
PE 64.79 42.90
From the Market
52 Week Low / High (₹) 3.96 / 17.97
All Time Low / High (₹) 0.16 / 17.97
Market Cap (₹ Cr.) 209
Equity (₹ Cr.) 13.6
Face Value (₹) 1
Industry PE 33.5

Management X-Ray of Surana Telecom :

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

Analyst's Notes

News

About Surana Telecom And Power Ltd

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
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