Valiant Communications Ltd - Stock Valuation and Financial Performance

BSE: 526775 | NSE: | Telecommunication - Equipment | Small Cap

Valiant Communicatns Share Price

546.95 1.85 0.34%
as on 26-Apr'24 15:11

DeciZen - make an informed investing decision on Valiant Communicatns

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

1. Quality

2. Valuation

Overvalued

3. Price Trend

Valiant Communications stock performance -

mw4me loader
P/E Ratio (SA):
89.67
Market Cap:
420.2 Cr.
52-wk low:
137
52-wk high:
574.9

Is Valiant Communications Ltd an attractive stock to invest in?

1. Is Valiant Communications Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Valiant Communications Ltd is a below average quality company.

2. Is Valiant Communications Ltd undervalued or overvalued?

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

3. Is Valiant Communications Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Valiant Communications 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 Valiant Communicatns:

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.
Valiant Communications Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % -1%-1.1%0.4%1.7%4.9%0.9%-0.8%2%-11.1%6.3%-
Value Creation
Index
-1.1-1.1-1.0-0.9-0.7-0.9-1.1-0.9-1.8-0.6-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 11.211.213.517.622.618.517.717.912.330.241
Sales YoY Gr.--0.5%20.8%30%28.9%-18.5%-4.3%1.2%-31.1%145.1%-
Adj EPS -0.4-0.50.10.61.90.3-0.40.8-4.62.56.1
YoY Gr.-NANA384.6%206.4%-84.5%-233.3%NA-662.2%NA-
BVPS (₹) 39.539.239.540.142.242.441.943.138.741.361
Adj Net
Profit
-0.3-0.30.10.51.40.2-0.30.6-3.31.85
Cash Flow from Ops. -0.71.9-0.7-2.73.3220.9-2.22.8-
Debt/CF from Ops. 0000000000.6-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 11.6%5.9%19.6%145.1%
Adj EPS NA5.5%NANA
BVPS0.5%-0.4%-0.5%6.7%
Share Price 44% 84.6% 99.8% 254.4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
-1.1-1.20.31.64.70.7-11.9-11.36.312
Op. Profit
Mgn %
0.31.18.411.71510.46.59.9-21.715.320.5
Net Profit
Mgn %
-2.8-30.72.66.21.2-1.63.3-27611.3
Debt to
Equity
0000000000.1-
Working Cap
Days
449424363345313381378365539241114
Cash Conv.
Cycle
37035428727925931030931146319395

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 12.00%

Sales growth is growing at healthy rate in last 3 years 19.57%

Sales growth is good in last 4 quarters at 85.49%

Net Profit has been subdued in last 3 years 0.00%

Latest Financials - Valiant Communications Ltd.

Standalone Consolidated
TTM EPS (₹) 6.1 6
TTM Sales (₹ Cr.) 41.3 42.4
BVPS (₹.) 61 65
Reserves (₹ Cr.) 39 42
P/BV 9.03 8.48
PE 89.67 91.56
From the Market
52 Week Low / High (₹) 137.00 / 574.90
All Time Low / High (₹) 1.50 / 574.90
Market Cap (₹ Cr.) 420
Equity (₹ Cr.) 7.6
Face Value (₹) 10
Industry PE 105.7

Management X-Ray of Valiant Communicatns:

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 Valiant Communicatns

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
Sales11111418231818181230
Operating Expenses 11111216191717161526
Manufacturing Costs1111222222
Material Costs666911878514
Employee Cost 2334444456
Other Costs 2222333223
Operating Profit 00123212-35
Operating Profit Margin (%) 0.3%1.1%8.4%11.7%15.0%10.4%6.5%9.9%-21.7%15.3%
Other Income 1111000110
Interest 0000000000
Depreciation 1122222222
Exceptional Items 0000000000
Profit Before Tax 00012001-43
Tax 00001000-11
Profit After Tax 00011001-32
PAT Margin (%) -1.8%-1.2%1.6%3.5%6.5%1.6%-1.1%4.0%-25.8%6.1%
Adjusted EPS (₹)-0.3-0.20.30.92.10.4-0.31.0-4.42.5
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 29282829303130312830
Share Capital 7777777777
Reserves 21212122232323242123
Minority Interest0000000000
Debt0000000001
Long Term Debt0000000001
Short Term Debt0000000000
Trade Payables1021211123
Others Liabilities 1011111102
Total Liabilities 30293131333333333036

Fixed Assets

Gross Block16182021232424252832
Accumulated Depreciation10111314161817192123
Net Fixed Assets6677777679
CWIP 0000001100
Investments 3222222322
Inventories1099868991417
Trade Receivables324101297833
Cash Equivalents 7873556523
Others Assets1221222221
Total Assets 30293131333333333036

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -12-1-33221-23
PBT 00012001-43
Adjustment 0011111112
Changes in Working Capital -12-2-5111-21-2
Tax Paid 0000-100000
Cash Flow From Investing Activity -1-1-11-51-300-4
Capex -2-2-2-1-2-1-2-2-2-4
Net Investments 0100000010
Others 1012-32-1110
Cash Flow From Financing Activity 0000000002
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000002
Interest Paid 0000000000
Dividend Paid 0000000000
Others 0000000000
Net Cash Flow -11-2-2-13-11-31
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)-0.7-0.490.742.154.980.95-0.652.32-10.786.37
ROCE (%)-0.87-1.011.233.097.091.63-0.733.17-14.248.66
Asset Turnover Ratio0.370.380.450.590.710.550.530.540.390.91
PAT to CFO Conversion(x)N/AN/AN/A-33N/AN/A1N/A1.5
Working Capital Days
Receivable Days73768314617720716915515838
Inventory Days326294234169112137170176333187
Payable Days53315967527064418258

Valiant Communications Ltd Stock News

Valiant Communications Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Valiant Communicatns on 26-Apr-2024 15:11 is ₹547.0.
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 26-Apr-2024 15:11 the market cap of Valiant Communicatns stood at ₹420.2.
The latest P/E ratio of Valiant Communicatns as of 26-Apr-2024 15:11 is 89.67.
The latest P/B ratio of Valiant Communicatns as of 26-Apr-2024 15:11 is 9.03.
The 52-week high of Valiant Communicatns is ₹574.9 and the 52-week low is ₹137.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Valiant Communicatns is ₹41.34 ( Cr.) .

About Valiant Communications Ltd

Valiant Communications Limited was incorporated as a Private Limited company on December 28, 1993 and obtained a fresh certificate of incorporation upon conversion to a public limited company on August 17,1994.

The company is an ISO 9001:2000 certified equipment manufacturer of telecom transmission equipment and solutions with installations in over 90 countries, worldwide. Valiant's technological strengths span a wide section of the telecom transmission area including Protection Switching solutions, Ethernet over E1, T1, E3, DS3, SDH converters, STM SDH/SONET multiplexers (STM-1 and STM-4), digital access cross connect (DXC) switching equipment, groomers for Hi-z non-intrusive (high impedance) monitoring, solutions for line tapping, billing and fraud management on E1 and T1 circuits for telcos and cellular / mobile service providers, APS (1+1) automatic protection switching, E1, T1, DS3 echo cancellers and voice quality enhancement systems, wide range of voice and data multiplexers and channel banks, optical transmission solutions, remote asset management technologies and a fast paced new product development strategy.

Valiant Communications is an equipment manufacturer of telecom transmission equipment and solutions with installations in over 90 countries, worldwide. Valiant's technological strengths span a wide section of the telecom transmission area including Protection Switching solutions.

Valiant provides a powerful blend of 'quality and economics'. Each product offered by Valiant is manufactured and tested under strict Quality Assurance Program that is based on the ISO 9001:2000 philosophy and principles.

Its international offices, distributors and representatives are located (in alphabetical order) in Argentina, Bangladesh, Bahrain, Canada, France, Indonesia, Iraq, Italy, Jordan, Kuwait, Lebanon, Lithuania, Nigeria, Singapore, Sri Lanka, U.A.E., United Kingdom, U.S.A., Uruguay, Vietnam and Yugoslavia.

Valiant offers a wide range of ethernet converters including, Ethernet over E1, Ethernet over T1, Ethernet over E3, Ethernet over DS3, Ethernet over SDH converters. Valiant also offers DS3 to E1 converters - which is primarily used to establish communication between two DS3 interfaces over an E1 network, or to connect a DS3 network to an E1 network.

Valiant offers next generation STM-16 SDH / SONET multiplexer to provide multiple services from E1, E3/DS3, STM-1e/1o, STM-4 and 10/100/1000 Mbps Ethernet tributary interfaces and trunk interfaces at STM-16 rates. The product has built-in non-blocking cross connect at VC-3, VC-4 and VC-12 granularity and supports drop-and-continue functionality.

The latest STM-4 SDH Multiplexer is offered with Ethernet, GigE, E1, E3, E4, STM-1e (electrical), STM-1 (optical) and 10/100 Mbps ethernet tributaries / interfaces. It also offers a flexible STM-1 SDH multiplexer.

Valiant's latest DS3 Fail-Over (DS3 Protection) Switch allows the user to connect a single DS3 line from the telephone company to an 'active', as well as to a 'standby' DS3 terminal, such as data server / router etc., at the customer premises.

Valiant also offers a wide choice of products in 1+1 APS - Automatic Protection Switching, T1 Fail-Over Switching solutions and E1 Fail-Over Switching solutions. Valiant introduces the E1 / T1 over ethernet multiplexer (TDM over IP) product that is used to provide up to 4, E1 / T1 communication channels over ethernet or IP networks.Valiant offers its latest digital access cross connect switching solutions for E1 and T1 in 16 port, 32 port and 64 port configurations.

Valiant also offers its echo canceller and voice quality enhancement solutions. Valiant offers a wide range of products under this category including E1, T1, DS3 and STM-1 echo cancellers.

Valiant's groomer Hi-z non-intrusive monitoring (hi-impedance) solutions with applications for billing, SS7 signalling monitoring, line tapping and fraud management on E1 and T1 circuits for telcos and cellular / mobile service providers provide flexible and cost effective solutions for these applications.

Product range of the company includes:

  • Groomers - Hi-z Non-Intrusive Monitoring products
  • Digital Access Cross Connect Switching (DACS) solutions
  • E1, T1 and DS3 Echo Canceller and Voice Quality Enhancement (VQE) solutions
  • Next Generation STM-1 / STM-4 / STM-16 SDH Multiplexers
  • E1 and Ethernet Digital Microwave Radios
  • E1 Drop-Insert (Add-Drop) Multiplexers
  • E1 PRI ISDN (Q.931) Multiplexers and E1 Channel Banks (Channel Associated Signalling)
  • Ethernet over V.35, E1, E3, DS3 and STM-1 SDH Converters
  • E1 and T1 over Ethernet (TDMoIP) Converters
  • E1 and T1 Automatic Protection Switching equipment (1+1 APS)
  • DS3, E3, E1 and T1 Protection (Failover) Switches
  • E3 PDH (2/34Mbps) and E3 (34Mbps) Optical Line Transmission Equipment
  • Optical Multiplexers and Fiber Optic Modems - E2 (4E1), 8E1, 12E1 and 16E1 (E3) Optical Multiplexers
  • DCME - Voice Compression solutions
  • 48V DC to AC Main (110VAC - 220VAC) Converters
  • Patch Panels and Miscellaneous Converters

Clientele:Some of its prestigious reference customers include Cisco, Nortel, Nokia, Avaya, Lucent, Ericsson, Raytheon, NEC, Marconi, Lockheed Martin, Intel, Adtran, Etisalat (UAE), Agilent and other important and satisfied customers in over 90 countries.

Achievements/ recognition:

  • An ISO 9001:2000 certified company
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