Tulip Telecom Ltd Stock Analysis

BSE: 532691 | NSE: TULIP | IT - Networking | Small Cap

BSE Share Price
Not Listed

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10 Year X-Ray:

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'04Mar'05Mar'06Mar'07Mar'08Mar'09Mar'10Mar'11Sep'12Mar'13TTM
ROCE % 38.3%31.2%32.2%31.1%23.1%20.7%14.4%14.3%16.2%-8%-

Growth Parameters

Growth Parameters Colour Code Guide
Sales 2753425088411,2161,6081,9652,3512,7051,8901,835
YoY Gr. Rt. %-24.6%48.5%65.5%44.7%32.2%22.2%19.6%15.1%-30.1%-
Adj EPS 0.81.53.46.712.820.21621.317.6-55.8-60
YoY Gr. Rt. %-97.3%129.1%97.4%91.2%57.6%-20.8%33.2%-17.1%-416.9%-
BVPS (₹) 2.13.612.919.330.746.96483.964.390.70
Adj Net Profit 6.713.449.196.9185292231308255-810-871
Cash Flow from Ops. -6.1-1.9-40.813214628918933530520-
Debt/CF from Ops. -2-12.3-1.91.16.13.96.35.45.9300.5-

CAGR

CAGR Colour Code Guide
9 Years 5 Years 3 Years 1 Years
Sales 23.9%9.2%-1.3%-30.1%
Adj EPS -261.4%-234.3%-251.8%-416.9%
BVPS 52.224.212.340.9
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide
Mar'04Mar'05Mar'06Mar'07Mar'08Mar'09Mar'10Mar'11Sep'12Mar'13TTM
Return on Equity % 50.340.942.241.651.251.928.828.829.3-39.4-132.4
Op. Profit Mgn % 3.95.813.115.820.220.925.628.127-3.97
Net Profit Mgn % 2.53.99.711.515.218.211.813.19.4-42.8-47.4
Debt to Equity 0.70.70.40.521.71.31.51.94.6-
Working Cap Days 5676978374931181351215490
Cash Conv. Cycle 2338655854506383693690

Recent Performance Summary

No data to display

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

Sales growth has been subdued in last 3 years %

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

Latest Financials - Tulip Telecom Ltd.

Standalone Consolidated
TTM EPS (₹) -60 -61.9
TTM Sales (₹ Cr.) 1,835 1,839
BVPS (₹.) 0 0
Reserves (₹ Cr.) 474 458
P/BV 0.00 0.00
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 1.41 / 1.55
All Time Low / High (₹) 0.94 / 250.00
Market Cap (₹ Cr.) 22.2
Equity (₹ Cr.) 29
Face Value (₹) 2
Industry PE 20.3

Management X-Ray:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *26.6946.0155.0992.400.0090.2789.2289.0888.9688.36
* Pledged shares as % of Promoter's holding (%)

Event Update

Analyst's Notes

News

About Tulip Telecom Ltd

Tulip Telecom, incorporated in 1992,  is a data telecom service and IT solutions provider. The company offers an innovative IP based infrastructural solutions to its customers. Tulip provides network integration (NI), corporate data connectivity (MPLS VPNs and Internet) within and outside India, infrastructure management services and IT consulting services to enterprises.   

The company also specializes in providing eGovernance infrastructure and has worked on numerous projects for the Government of India's National eGovernance Plan.   

Headquartered at New Delhi, the company is the largest MPLS VPN player in India. The company has network of 16 Offices, with a presence in 1300 cities.

The company has an employee strength of 2100 people with a client base of 1100. The company has clientele including Reliance capital, Bloomberg, Kotak securities, Axis Bank, Idea, Airtel, Cadbury, Samsung, HPCL, Adani group, Asian Paints and many more.

Products and Services

The company provides network integration under which it provides advanced IP routing and switching, network management, voice over IP, video conferencing, LAN and WAN connectivity (network cabling, wireless connectivity) and application installation and support.

The company offers services such as VPN connectivity, managed services, rural connectivity and corporate internet access.

Tulip Telecom also advisory and consulting services in area of IT infrastructure.

Milestones

1992- Tulip Telecom started its operation in a small flat with only 4 employees. Tulip started its business by purchasing a box of floppies and reselling them.

1994- The company gained recognition of being among top 3 software resellers. It also decided to foray in IT system integration segment.

1995-It became the largest Compaq reseller.

1996- Tulip explored the avenues in area of wireless and telecom and started its operation in Chennai.

1997-Company started its operation in Bangalore and commenced selling telecomm products. It also created expertise in the field of wireless connectivity.

1998- Company received a major order worth Rs.9 crore.

2002- Company set up connectivity in rural India, that became the world’s largest rural network and world’s first entirely wireless district Mallapuram, Kerala.

2003- Company established a new office located at Okhla.

2004-The company experimented with the established of a VPN network across the country.

2007- The company expanded its location to 800 locations. The company set up a data center in New Delhi.

2010 - Tulip Telecom Ltd won 3rd prestigious R-APDRP Project.
2011 - Iomega launches video surveillance services; partners with Tulip Telecom, MindTree.
2012 - Tulip Telecom wins Rs. 87.23 crore Order for its new Bangalore Data Center from Unique Identification Authority

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