Surana Telecom And Power Ltd - Stock Valuation and Financial Performance

BSE: 517530 | NSE: SURANAT&P | Power Generation/Distribution | Small Cap

Surana Telecom Share Price

14.81 -0.23 -1.53%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on Surana Telecom

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

1. Quality

2. Valuation

Overvalued

3. Price Trend

Surana Telecom And Power stock performance -

mw4me loader
P/E Ratio (SA):
212.54
Market Cap:
201.1 Cr.
52-wk low:
7.7
52-wk high:
21

Is Surana Telecom And Power Ltd an attractive stock to invest in?

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

Past 10 year's financial track record analysis by Moneyworks4me indicates that Surana Telecom And Power Ltd is a average quality 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 Weak which suggest that the price of Surana Telecom And Power 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 Surana Telecom:

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.
Surana Telecom And Power 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 % 4.8%4.8%4.5%4.2%3.7%5.7%4.6%4.2%5.1%4%-
Value Creation
Index
-0.7-0.7-0.7-0.7-0.7-0.6-0.7-0.7-0.6-0.7-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 29.817.522.226.723.524.119.917.417.717.116
Sales YoY Gr.--41.3%27%19.9%-11.7%2.2%-17.2%-12.6%1.7%-3.3%-
Adj EPS 0.20.20.20.10.10.30.20.30.40.30.1
YoY Gr.-13.3%-5.9%-25%8.3%161.5%-29.4%4.2%44%-11.1%-
BVPS (₹) 5.55.65.76.16.56.97.27.78.18.89.2
Adj Net
Profit
1.51.81.61.61.84.63.33.44.94.41
Cash Flow from Ops. 17.31.13.315.326.721.54.8710.36.1-
Debt/CF from Ops. 1.52172.51.21.27.24.61.82-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -6%-6.2%-4.9%-3.3%
Adj EPS 8.8%19.7%10.1%-11.1%
BVPS5.3%6.2%7.1%8%
Share Price 16.6% 29.5% 51% 77.6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
2.52.92.72.2253.43.34.53.80.8
Op. Profit
Mgn %
40.269.847.247.85160.452.759.360.748.223.4
Net Profit
Mgn %
5.110.17.36.17.519.216.319.427.525.75.9
Debt to
Equity
0.50.40.40.50.40.30.40.30.20.1-
Working Cap
Days
2945815194975795538861,1601,0921,06096
Cash Conv.
Cycle
282192712121305225246375-14

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to 0.80%

Sales growth has been subdued in last 3 years -4.94%

Sales growth is not so good in last 4 quarters at -9.95%

Latest Financials - Surana Telecom And Power Ltd.

Standalone Consolidated
TTM EPS (₹) 0.1 -0.3
TTM Sales (₹ Cr.) 16 26
BVPS (₹.) 9.2 9.3
Reserves (₹ Cr.) 111 113
P/BV 1.62 1.59
PE 212.54 0.00
From the Market
52 Week Low / High (₹) 7.70 / 20.95
All Time Low / High (₹) 0.16 / 20.95
Market Cap (₹ Cr.) 201
Equity (₹ Cr.) 13.6
Face Value (₹) 1
Industry PE 20.5

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

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Analyst's Notes

Key Ratios of Surana Telecom

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
Sales30172227242420171817
Operating Expenses 1961214121097712
Manufacturing Costs172083116423
Material Costs0-150863-1000
Employee Cost 0001111123
Other Costs 2133454326
Operating Profit 1112101312151010115
Operating Profit Margin (%) 36.4%68.0%45.3%47.8%51.0%60.4%52.7%59.3%60.7%29.1%
Other Income 22112292310
Interest 4334434331
Depreciation 8867778555
Exceptional Items 0000000000
Profit Before Tax 1222369469
Tax 0000111111
Profit After Tax 1212257357
PAT Margin (%) 2.4%11.4%5.9%6.6%9.8%19.7%36.3%20.0%27.5%43.1%
Adjusted EPS (₹)0.10.20.10.10.20.40.50.30.40.5
Dividend Payout Ratio (%)171%63%0%0%0%0%0%0%0%0%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 60606185909599106112121
Share Capital 10101014141414141414
Reserves 504951717781859398107
Minority Interest0000000000
Debt2117193228212832124
Long Term Debt2015183228202825123
Short Term Debt0210010701
Trade Payables5721002000
Others Liabilities 101189599289
Total Liabilities 969590126124125137141132135

Fixed Assets

Gross Block113114115147148149130129130133
Accumulated Depreciation56647183899680848994
Net Fixed Assets57494465605350444140
CWIP 0000000000
Investments 14131318303029403946
Inventories4191910301111
Trade Receivables3345222233
Cash Equivalents 1111001211
Others Assets1710827293953514844
Total Assets 969590126124125137141132135

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 171315272157106
PBT 1222369469
Adjustment 111010111311-165-1
Changes in Working Capital 5-12-72116-1-20-0
Tax Paid 0000-1-1-1-1-1-2
Cash Flow From Investing Activity -881-26-17-12-9-152
Capex -10-1-1-2-110-1-3
Net Investments 000-5-1201-61-1
Others -782-21-3-11-10547
Cash Flow From Financing Activity -10-8-511-10-104-5-16-8
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000009-2-16-6
Interest Paid -4-3-3-4-4-3-4-3-3-1
Dividend Paid -2-1-20000000
Others -5-4015-6-60030
Net Cash Flow -11000001-11
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)1.263.452.232.482.75.247.63.444.526.41
ROCE (%)5.3375.776.085.717.639.785.646.637.78
Asset Turnover Ratio0.30.180.240.250.190.20.150.130.130.13
PAT to CFO Conversion(x)170.537.513.54.20.712.3320.86
Working Capital Days
Receivable Days68635964563344464655
Inventory Days4423631019597018242524
Payable Days-5,288-144074436-450-1,624446-975

Surana Telecom And Power Ltd Stock News

Surana Telecom And Power Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Surana Telecom on 28-Mar-2024 16:01 is ₹14.81.
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 Surana Telecom stood at ₹201.1.
The latest P/E ratio of Surana Telecom as of 28-Mar-2024 16:01 is 212.5.
The latest P/B ratio of Surana Telecom as of 28-Mar-2024 16:01 is 1.62.
The 52-week high of Surana Telecom is ₹20.95 and the 52-week low is ₹7.70.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Surana Telecom is ₹16.01 ( Cr.) .

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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