Kavveri Telecom Products Ltd - Stock Valuation and Financial Performance

BSE: 590041 | NSE: KAVVERITEL | Telecommunication - Equipment | Small Cap

Kavveri Telecom Prod Share Price

12.89 0.10 0.78%
as on 18-Apr'24 13:57

DeciZen - make an informed investing decision on Kavveri Telecom Prod

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Kavveri Telecom Products stock performance -

mw4me loader
P/E Ratio (SA):
0.77
Market Cap:
25.7 Cr.
52-wk low:
4.9
52-wk high:
17.8

Is Kavveri Telecom Products Ltd an attractive stock to invest in?

1. Is Kavveri Telecom Products Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Kavveri Telecom Products Ltd is a average quality company.

2. Is Kavveri Telecom Products Ltd undervalued or overvalued?

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

3. Is Kavveri Telecom Products Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Kavveri Telecom Products 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 Kavveri Telecom Prod:

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.
Kavveri Telecom Products 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 % -1.7%-4.2%-4.5%-4.3%-7.3%4.8%-3.5%-2.9%-3.4%35.1%-
Value Creation
Index
-1.1-1.3-1.3-1.3-1.5-0.7-1.3-1.2-1.21.5-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 87.71.20.30.50.61.71.70.71.10.10
Sales YoY Gr.--98.7%-78.5%80%42.2%170.3%-4.6%-55.8%54.8%-90.3%-
Adj EPS -7.4-10.9-11-10.5-13.81.1-8.9-8.1-8.725.516.6
YoY Gr.-NANANANANA-918.4%NANANA-
BVPS (₹) 87.774.163.252.738.838.729.821.412.828.728.5
Adj Net
Profit
-14.8-21.8-22.1-21.1-27.82.2-17.9-16.3-17.451.233
Cash Flow from Ops. 49.62.7-0.117.4-5.226.10.50.13.6-67.7-
Debt/CF from Ops. 2.549.5-1382.89.3-30.36.43391960.656.90-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -52.4%-29.7%-59.5%-90.3%
Adj EPS NANANANA
BVPS-11.7%-5.9%-1.3%124.2%
Share Price -0.8% 16.9% 92.4% 131%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
-8.1-13.3-15.8-17.9-29.82.8-25.6-30.8-48.812158
Op. Profit
Mgn %
-12.4-346.8-2236.3-1033.7-2662.3-49.5-15.3-80.959.5-164020.9NAN
Net Profit
Mgn %
-16.9-1887.8-8960.5-4712.2-4331.6127.2-1087.1-2218.8-1541.146576.3INF
Debt to
Equity
0.70.91.21.522.134.58.10-
Working Cap
Days
1,16193,8014,52,0272,45,1791,37,29641,04644,5501,00,06665,2344,01,9380
Cash Conv.
Cycle
36432,8421,68,45883,54754,27520,21920,21446,31028,7361,57,0510

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 58.00%

Sales growth has been subdued in last 3 years -59.45%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at -50.00%

Latest Financials - Kavveri Telecom Products Ltd.

Standalone Consolidated
TTM EPS (₹) 16.6 16
TTM Sales (₹ Cr.) 0 1.6
BVPS (₹.) 28.5 28.2
Reserves (₹ Cr.) 37 37
P/BV 0.45 0.45
PE 0.77 0.80
From the Market
52 Week Low / High (₹) 4.86 / 17.81
All Time Low / High (₹) 1.81 / 309.45
Market Cap (₹ Cr.) 25.7
Equity (₹ Cr.) 20.1
Face Value (₹) 10
Industry PE 31.9

Management X-Ray of Kavveri Telecom Prod:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *34.4732.3433.2733.2734.4734.4734.4734.4734.4734.47
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Kavveri Telecom Prod

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
Sales87.721.160.250.450.641.731.650.731.130.11
Operating Expenses 98.615.175.755.0817.756.101.901.330.46207.77
Manufacturing Costs0.170.100.160.040.130.230.100.0100
Material Costs91.740.300.060.190.380.700.590.7300
Employee Cost 2.050.710.630.420.450.590.260.080.030.04
Other Costs 4.654.054.914.4316.794.580.960.510.43207.73
Operating Profit -10.89-4.01-5.50-4.63-17.11-4.36-0.25-0.590.67-207.66
Operating Profit Margin (%) -12.4%-346.0%-2,236.3%-1,033.7%-2,662.3%-252.0%-15.3%-80.9%59.4%-1,88,783.2%
Other Income 19.221.170.070.080.080.070.190.030.13240.03
Interest 13.9813.4613.4413.4413.4413.4413.4513.4413.450
Depreciation 4.423.534.034.033.833.903.112.692.060.19
Exceptional Items 0-7.8500000000
Profit Before Tax -10.07-27.69-22.91-22.03-34.30-21.63-16.61-16.70-14.7132.18
Tax -0.89-0.38-0.86-0.91-6.45-21.381.33-0.432.620.01
Profit After Tax -9.18-27.31-22.05-21.12-27.84-0.25-17.94-16.26-17.3332.17
PAT Margin (%) -10.5%-2,361.7%-8,960.5%-4,712.2%-4,331.6%-14.6%-1,087.0%-2,218.8%-1,534.6%29,242.7%
Adjusted EPS (₹)-4.6-13.6-11.0-10.5-13.8-0.1-8.9-8.1-8.616.0
Dividend Payout Ratio (%)0%0%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 176.48149.18127.1310678.1677.9159.9743.0625.7357.70
Share Capital 20.1220.1220.1220.1220.1220.1220.1220.1220.1220.12
Reserves 156.36129.0510785.8858.0457.7939.8522.935.6137.58
Minority Interest0000000000
Debt84.3393.87107.11102.3384.54164.72177.96191.21204.450
Long Term Debt0.14000000000
Short Term Debt84.1993.87107.11102.3384.54164.72177.96191.21204.450
Trade Payables50.6555.1664.4958.121.3011.7811.8211.7511.710.48
Others Liabilities 85.5998.8998.15115.30105.2314.3616.1616.0421.0110.92
Total Liabilities 397.05397.09396.89381.75269.22268.77265.92262.06262.9069.10

Fixed Assets

Gross Block66.4666.4766.4758.9764.7549.3149.3149.3149.3219.81
Accumulated Depreciation23.2826.8130.8427.3738.1736.5239.6242.3144.3718.25
Net Fixed Assets43.1939.6635.6331.5926.5912.799.6974.951.56
CWIP 0.530.530.540.540.540.540.540.540.540
Investments 61.6853.8353.8353.8353.8353.8353.8353.8353.8328.34
Inventories56.8957.2057.2056.8356.8357.4857.4856.1056.100
Trade Receivables61.1859.3459.4242.5542.8638.6138.5539.0639.102.39
Cash Equivalents 0.150.280.230.230.300.280.300.400.280.23
Others Assets173.43186.26190.05196.1988.29105.24105.53105.14108.1036.57
Total Assets 397.05397.09396.89381.75269.22268.77265.92262.06262.9069.10

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 49.552.72-0.1117.40-5.1926.070.530.103.64-67.65
PBT -10.07-19.84-22.91-22.03-34.30-21.63-16.61-16.70-14.7132.18
Adjustment 16.7115.8617.4117.4017.1920.8216.5515.4515.50-33.21
Changes in Working Capital 42.916.695.422.0311.9226.880.61.342.85-66.61
Tax Paid 000000000-0.01
Cash Flow From Investing Activity -6.251.130.06-3.9636.49-4.61-0.240.19-3.5666.62
Capex -0.0500-4.031.186.3900-0.010
Net Investments -7.85000000000
Others 1.651.130.070.0835.31-11-0.240.19-3.5566.62
Cash Flow From Financing Activity -43.53-3.73-0.01-13.44-31.24-21.48-0.27-0.20-0.200.97
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000-17.80-8.0413.2413.2413.240.39
Interest Paid -13.98-0.02-0.01-13.44-13.44-13.44-13.45-13.44-13.450
Dividend Paid 0000000000
Others -29.56-3.700000-0.07000.58
Net Cash Flow -0.240.12-0.0500.06-0.020.020.09-0.11-0.06
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)-5.07-16.77-15.96-18.12-30.24-0.32-26.02-31.57-50.3877.11
ROCE (%)1.29-4.84-3.37-3.15-8.26-3.39-1.3-1.35-0.5322.04
Asset Turnover Ratio0.2300000.010.01000
PAT to CFO Conversion(x)N/AN/AN/AN/AN/AN/AN/AN/AN/A-2.1
Working Capital Days
Receivable Days23100008,5898,531000
Inventory Days246000000000
Payable Days14000003,4337,2575,87100

Kavveri Telecom Products Ltd Stock News

Kavveri Telecom Products Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Kavveri Telecom Prod on 18-Apr-2024 13:57 is ₹12.89.
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 18-Apr-2024 13:57 the market cap of Kavveri Telecom Prod stood at ₹25.74.
The latest P/E ratio of Kavveri Telecom Prod as of 18-Apr-2024 13:57 is 0.77.
The latest P/B ratio of Kavveri Telecom Prod as of 18-Apr-2024 13:57 is 0.45.
The 52-week high of Kavveri Telecom Prod is ₹17.81 and the 52-week low is ₹4.86.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Kavveri Telecom Prod is ₹0.00 ( Cr.) .

About Kavveri Telecom Products Ltd

Founded in 1991 by a highly innovative team, Kavveri Telecom designs, develops, tests and implements a diverse range of products, from concept to deployment. With over 150 R&D man-years of experience, Kavveri Telecom is uniquely positioned to offer an array of world-class products and solutions to meet all hardware requirements of telecom manufacturers, telecom service providers and telecom users.

Kavveri Telecom is a leading telecom products manufacturer, providing world-class, hardware products and solutions for the telecom industry.

Kavveri Telecom combines expertise with experience to deliver state-of-art products and solutions spanning the wide spectrum of wireless telecommunications. The diverse range of products manufactured by Kavveri Telecoms includes antennas, RF components, repeaters, TMA/TMB and Solar Products.

The company also enjoys the stature of being the largest manufacturer of antennas & RF products in India. With 30,000 Sq. ft. area of R&D manufacturing infrastructure for design, development & production of Microwave Components, RF products and antennas, Kavveri Telecoms has the capacity of manufacturing over 1,00,000 high quality antennas & 10,000 RF products per month.

Headquartered in Bangalore, India, with three well-equipped production plants, Kavveri Telecom is geared to meet all telecom hardware needs of clients across the globe. Kavveri Telecom's esteemed clientele include industry giants such as Ericsson, Motorola, Spice, Airtel, BSNL, ISRO, World Space and Airports Authority of India.

Products and services offered by the company:

Products :

Antennas

  • GSM Antennas
  • Multiband Antennas
  • CDMA Antennas
  • WLAN Antennas
  • WiMax Antennas
  • Satellite Reception Antennas
  • Other Antennas

RF Components

  • 2 Way, 3 Way, 4 Way Power Splitter (800 - 2500 MHz)
  • Couplers
  • GSM Band Pass Filters
  • CDMA Band Pass Filters
  • VHF & UHF Band Pass Filter
  • Tunable Band Pass Filter
  • Low Pass Filters
  • High Pass Filters
  • GSM Duplex Filters
  • Duplex Filter (VHF, UHF, 2 GHz Band)
  • Lightning Arrestor

Cable and connectors

  •  RG Series
  • KMR Series
  • 1/2' Corrugated Low Loss
  •  7/8' Corrugated Low 

Repeaters

  • GSM
  • CDMA

TMA / TMB

  • TMA
  • TMB    

Solar Products

  • Solar Modules
  • Solar Power Pack

Solutions provided by Kavveri Telecom includes:

  • Site/RF Survey, RF Planning, Designing & Implementation
  • Repeater Based GSM & CDMA Indoor Coverage Solution
  • Repeater Based GSM & CDMA Out door Coverage Solution
  • Microcell Based Indoor Coverage Solution

Milestones:

  • Oct 1991 - Kaveri Microwave Components Founded
  • May 1994 - Antenna Division Operations started
  • Jan 1995 - R & D Center Recognized by DSIR 
  • Jan 1996 - Kaveri Telecoms Ltd., Incorporated
  • Aug 1997 - Manufacture of Communication Systems started
  • Dec 1997 - ISO 9001                - Registration by KPMG
  • Sept 2000 - Export Division started
  • Aug 2002 - Solar Plant started
  • Aug 2003  - Kaveri Telecoms changed to Kavveri Telecom Products Limited

Achievements/ recognition:

  • ISO 9001 : 2000
  • The Only approved supplier of antennas throughout the world for World Space Corporation, USA
  • Only Indian company exporting antennas & RF products to North America
  • The only company with largest number of approvals for antennas production from BSNL in India
  • Largest manufacturer of antennas & RF products in India
  • Mass manufacturing strengths in antennas & RF products - capacity to manufacture 1,00,000 high quality antennas & 10,000 RF products every month
  • First Indian private owned company to have Anechoic Chamber for testing the antenna parameters
  • First Indian company to design, develop & manufacture Frequency Translating Repeaters.
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