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ADC India Communications Ltd (KRONECOMM)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 523411 NSE: KRONECOMM Telecommunication - Equipment | Small Cap | ADC India Communicat Share Price

₹2,380 -17.45 (-0.73%)

As on 05-Jun'26 10:29

ADC India Communications Ltd (KRONECOMM)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 523411 NSE: KRONECOMM Telecommunication - Equipment | Small Cap | ADC India Communicat Share Price

₹2,380 -17.45 (-0.73%)

As on 05-Jun'26 10:29

Key Metrics
Valuation Multiples
Market Cap
₹1,103 Cr.
Current Price
₹2,380
52-Week Low / High
₹963 / 2,678
TTM EPS
₹41.2
TTM Sales
₹200 Cr.
Book Value per Share
₹188.5
P/E Ratio
58.27
Higher than its 5-year historical median
Industry PE
132.8
Price to Book (P/B)
12.72
Higher than its 5-year historical median
Price to Sales (P/S)
5.52
Higher than its 5-year historical median
EV/EBITDA
41.76
Higher than its 5-year historical median
Dividend Yield
2.16%
Profitability Efficiency
Return on Equity (ROE)
34.73%
Outperforms industry median
Return on Capital Employed (ROCE)
46.57%
Outperforms industry median
Return on Assets (ROA)
19.35%
Operating Profit Margin
15.6%
Net Profit Margin
13.07%
Gross Profit Margin
17.2%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
4.68%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
59.77%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
18.22%
Asset Quality
Promoter Holding
72.02%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹82 Cr.
Equity
₹4.6 Cr.
Face Value
₹10
All Time Low / High
₹26.30 / 2678.35

ADC India Communications stock performance

Key Ratios
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Quality

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Valuation

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Price Trend

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Q.1 Is ADC India Communications Ltd a good quality company?
ADC India Communications Ltd is a good quality company, based on a consistently good multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does ADC India Communications Ltd performance compare with that of its Peers?
Q.1 Revenue growth of ADC India Communications Ltd vs industry peers?
ADC India Communications Ltd revenue CAGR is 19.08%, compared to the industry median CAGR of 12.15%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of ADC India Communications Ltd?
Promoters hold 72.02% of the ADC India Communications Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of ADC India Communications Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 24% based on the current price.

10 Year X-Ray : Login to view analysis.

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.
ADC India Communications Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 15.2%15%13%20.5%13.4%12.7%24.5%21.8%45.2%46.6%-
Value Creation
Index
0.10.1-0.10.5-0.1-0.10.80.62.22.3-

Growth Parameters

Sales 58.259.564.885.678.159.9121143179187200
Sales YoY Gr.-2.3%8.8%32.2%-8.8%-23.4%101.7%18.4%25.1%4.7%-
Adj EPS 11.48.47.612.58.37.818.41844.25241.2
YoY Gr.--26.3%-9.6%64.6%-34.1%-6.2%137.9%-2.3%145.6%17.6%-
BVPS (₹) 87.996.3100.384.187.393.2109.2113154152.1188.5
Adj Net
Profit
5.33.93.55.83.83.68.58.320.423.919
Cash Flow from Ops. 3.230.44.92.958-4.219.425.9-
Debt/CF from Ops. 0000000000-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 13.9%19.1%15.7%4.7%
Adj EPS 18.3%44.5%41.3%17.6%
BVPS6.3%11.7%11.7%-1.2%
Share Price 25.6% 56.4% 52.8% 127.6%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
13.79.27.813.69.68.618.216.233.13424.2
Op. Profit
Mgn %
66.14.876.28.18.87.310.215.610.3
Net Profit
Mgn %
96.55.46.74.9675.811.412.89.5
Debt to
Equity
00000000000
Working Cap
Days
16127030221121626715414012813694
Cash Conv.
Cycle
3122383030411625232263

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales586065867860121143179187
Operating Expenses + 555662807355110133160158
Manufacturing Costs0011111122
Material Costs43465270644699114133144
Employee Cost 3333444445
Other Costs 865554614217
Operating Profit 34365511101829
Operating Profit Margin (%) 5.9%6.1%4.8%6.9%6.2%8.1%8.8%7.2%10.2%15.6%
Other Income + 33331111104
Exceptional Items 0000000000
Interest 0000000000
Depreciation 0000110000
Profit Before Tax 66695511112833
Tax 1223123378
Profit After Tax 544644882124
PAT Margin (%) 9.0%6.5%5.5%6.9%4.9%6.1%7.0%5.7%11.6%13.1%
Adjusted EPS (₹)11.38.47.712.88.37.918.417.845.053.2
Dividend Payout Ratio (%)22%35.50%52%188.30%24.20%31.70%75.90%22.50%66.70%56.40%

Valuation of ADC India Communicat - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 40444639404350527170
Share Capital 5555555555
Reserves 36404234363846476665
Debt +0000000000
Long Term Debt0000000000
Short Term Debt0000000000
Minority Interest0000000000
Trade Payables10121216132124233029
Others Liabilities 9392225131518131637
Total Liabilities 6095807967799389117136

Fixed Assets

Net Fixed Assets +4111133333
Gross Block18111355555
Accumulated Depreciation14001212223
CWIP 0000000000
Investments 0333300000
Inventories579881112232217
Trade Receivables11121215131820202831
Cash Equivalents flag 26303023242836264559
Others Assets 13442529191922171926
Total Assets 6095807967799389117136

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 3305358-41926
PBT 66695511112833
Adjustment -1-1-1-1-00-177-1
Changes in Working Capital 1-0-2-0031-18-92
Tax Paid -2-2-2-2-3-3-3-4-6-8
Cash Flow From Investing Activity + 2221111112
Capex -0-0-0-0-01-0-0-0-0
Net Investments 0000000000
Others 2222101113
Cash Flow From Financing Activity + -14-1-2-13-3-1-1-6-2-25
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid 0000-0-00-0-0-0
Dividend Paid -14-1-1-11-2-1-1-6-2-25
Others -0-0-0-2-1-00000
Net Cash Flow -930-7147-10193

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)13.549.167.8213.829.638.7318.221633.6834.73
ROCE (%)15.2314.9512.9720.4613.3712.6924.4521.7945.2246.57
Asset Turnover Ratio0.980.790.751.081.070.821.411.631.791.52
PAT to CFO Conversion(x)0.60.7500.830.751.251-0.50.91.08
Working Capital Days
Receivable Days69.9066.9067.105865.6094.6057.5049.3047.4056.10
Inventory Days31.9035.104336.4038.1058.7035.4042.8043.9036.50
Payable Days84.1087.9083.607182.30136.7084.1076.5073.4075

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *65.0065.0065.0065.0065.0065.000.0065.0065.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

ADC India Communications Ltd FAQs

The current trading price of ADC India Communicat on 05-Jun-2026 10:29 is ₹2,380.

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 04-Jun-2026 the market cap of ADC India Communicat stood at ₹1,102.8 Cr

The latest P/E ratio of ADC India Communicat as of 04-Jun-2026 is 58.27.

The latest P/B ratio of ADC India Communicat as of 04-Jun-2026 is 12.72.

The 52-week high of ADC India Communicat is ₹2,678.4 and the 52-week low is ₹963.3.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of ADC India Communicat is ₹200 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that ADC India Communications Ltd is a good quality company.

The key valuation ratios of ADC India Communications Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of ADC India Communications Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

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.

Products:

• 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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