ADC India Communications Ltd Stock Analysis

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

BSE Share Price Jan 24, 18:01
351.85 -21.15 (-5.67%)

DeciZen - Make an Informed Decision on ADC India Communicat

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

1. Quality

2. Valuation

Somewhat overvalued

3. Price Trend

Semi Strong


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

Data is not available for this 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 Somewhat overvalued zone.

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

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

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
ROCE % 0.6%-5.9%7.2%12%13.7%9.2%7.8%13.6%9.7%8.6%-
Value Creation Index -1.0-1.4-0.5-0.1-0.0-0.4-0.5-0.0-0.3-0.4-

Growth Parameters

Growth Parameters Colour Code Guide
Sales 48.438.948.557.858.259.564.885.678.159.9101
YoY Gr. Rt. %--19.6%24.6%19.2%0.7%2.3%8.8%32.2%-8.8%-23.4%-
Adj EPS 1.4-6.47.410.911.48.47.612.58.37.814.8
YoY Gr. Rt. %--557.6%NA46.6%5.1%-26.3%-9.6%64.6%-34.1%-6.2%-
BVPS (₹) 231.3100.810579.687.996.3100.384.187.393.298.8
Adj Net Profit 0.6-2.93.455.
Cash Flow from Ops. -11-
Debt/CF from Ops. 0000000000-


CAGR Colour Code Guide
9 Years 5 Years 3 Years 1 Years
Sales 2.4%0.6%-2.6%-23.4%
Adj EPS 21%-7.5%0.6%-6.2%
BVPS -9.61.2-2.46.7
Share Price 10.6% 4.8% 19.2% 76%

Key Financial Parameters

Performance Ratio Colour Code Guide
Return on Equity % 0.6-
Op. Profit Mgn % 0.7-5.645.866.14.876.28.18.9
Net Profit Mgn % 1.3-
Debt to Equity 00000000000
Working Cap Days 499276211154161270302211216267178
Cash Conv. Cycle 2391648539312238303041104

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 15.40%

Sales growth is good in last 4 quarters at 114.77%

Sales growth has been subdued in last 3 years -2.59%

Net Profit has been subdued in last 3 years 0.57%

Latest Financials - ADC India Communications Ltd.

Standalone Consolidated
TTM EPS (₹) 14.8 -
TTM Sales (₹ Cr.) 101 -
BVPS (₹.) 98.8 -
Reserves (₹ Cr.) 41 -
P/BV 3.78 -
PE 25.27 -
From the Market
52 Week Low / High (₹) 177.00 / 459.95
All Time Low / High (₹) 26.30 / 785.00
Market Cap (₹ Cr.) 172
Equity (₹ Cr.) 4.6
Face Value (₹) 10
Industry PE 100.9

Management X-Ray of ADC India Communicat :

Shareholding Pattern

Promoter's Holding & Share Pledging

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

Event Update

Analyst's Notes


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.


• 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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