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Spice Communications Ltd (SPICETELE)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 532863 NSE: SPICETELE Telecommunication - Service Provider | Small Cap | Spice Comm Share Price

BSE Share Price
Not Listed

Spice Communications Ltd (SPICETELE)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 532863 NSE: SPICETELE Telecommunication - Service Provider | Small Cap | Spice Comm Share Price

BSE Share Price
Not Listed
Key Metrics
Valuation Multiples
Market Cap
₹3,915 Cr.
Current Price
₹0
52-Week Low / High
₹56 / 58
TTM EPS
₹-2.7
TTM Sales
₹1,353 Cr.
Book Value per Share
₹-5
P/E Ratio
0.00
Industry PE
26.3
Price to Book (P/B)
-11.28
Price to Sales (P/S)
2.89
EV/EBITDA
21.31
Dividend Yield
NAN%
Profitability Efficiency
Return on Equity (ROE)
-329.77%
Return on Capital Employed (ROCE)
-34.53%
Return on Assets (ROA)
-39.10%
Operating Profit Margin
14.8%
Net Profit Margin
-64.24%
Gross Profit Margin
-2.8%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
32%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
4.41%
Net Profit Growth (1 Year)
-
-367.07%
Asset Quality
Promoter Holding
98.90%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹-1,037 Cr.
Equity
₹689.9 Cr.
Face Value
₹10
All Time Low / High
₹23.25 / 95.00

Spice Communications stock performance

Key Ratios
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10 Year X-Ray :

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.

Value Creation

Jun'00Jun'01Jun'02Jun'03Jun'04Jun'05Jun'06Dec'06Dec'07Mar'09TTM
ROCE % 0%0%8.9%13%4.3%7.6%1.9%2.5%35.6%-34.5%-

Growth Parameters

Sales 005024945366076617789581,2641,353
Sales YoY Gr.-NANA-1.5%8.5%13.1%9.1%17.7%23.1%32%-
Adj EPS 00-0.30.9-0.5-0.1-1.3-1.55.2-11.9-2.7
YoY Gr.-NANANA-152.3%NANANANA-329.7%-
BVPS (₹) 0000000011.6-2.1-5
Adj Net
Profit
00-15.448.8-25.3-5.7-68.7-81.5358-822-186
Cash Flow from Ops. 00174192203147130162-513584-
Debt/CF from Ops. 006.35.55.37.38.514.9-2.52.8-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales NA18.7%24.1%32%
Adj EPS NANANA-329.7%
BVPSNANANA-118.3%
Share Price - - - -

Key Financial Parameters

Jun'00Jun'01Jun'02Jun'03Jun'04Jun'05Jun'06Dec'06Dec'07Mar'09TTM
Return on
Equity %
0023.9-137.2140.722.3122.333.5101.5-304.475.2
Op. Profit
Mgn %
0031.933.62827.522.221.622.914.819.4
Net Profit
Mgn %
00-3.19.9-4.7-0.9-10.4-10.537.4-65-13.7
Debt to
Equity
00-16.5-129.5-35.7-47.6-9.7-6.71.6-11.3-
Working Cap
Days
000778176661171701270
Cash Conv.
Cycle
00040353430-35-56-400

Profit And Loss

(All Figures are in Crores.)
PARTICULARSJun'02Jun'03Jun'04Jun'05Jun'06Dec'06Dec'07Mar'09
Sales501.70494.26536.34606.57661.49389.16957.851,580.48
Operating Expenses + 341.66328.25385.93440.09514.94305.26738.261,351.21
Manufacturing Costs123.76145.48180.05214.91237.75151.84385.95269.54
Material Costs000004.5610.850.56
Employee Cost 29.6531.5634.6838.1540.6721.9649.0983.66
Other Costs 188.25151.21171.20187.03236.52126.89292.36997.45
Operating Profit 160.04166.01150.41166.48146.5683.91219.59229.27
Operating Profit Margin (%) 31.9%33.6%28.0%27.4%22.2%21.6%22.9%14.5%
Other Income + 31.1685.3918.6436.9118.7910.59516.0362.96
Exceptional Items 00000000
Interest 106.1176.6468.0571.9086.9763.11165.89336.85
Depreciation 100.45117.16123.51123.93145.8269.58181.39975.92
Profit Before Tax -15.3557.61-22.517.56-67.45-38.20388.35-1,020.54
Tax 0000.181.300.498.22-5.32
Profit After Tax -15.3557.61-22.517.39-68.74-38.69380.13-1,015.22
PAT Margin (%) -3.1%11.7%-4.2%1.2%-10.4%-9.9%39.7%-64.2%
Adjusted EPS (₹)-0.31.0-0.40.1-1.3-0.75.5-14.7
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%

Valuation of Spice Comm - 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
mw4me loader

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.)
PARTICULARSJun'02Jun'03Jun'04Jun'05Jun'06Dec'06Dec'07Mar'09

Equity and Liabilities

Shareholders Fund + -64.34-6.73-29.25-21.86-90.60-152.38857.93-182.62
Share Capital 551.94551.94551.94551.94551.94551.94689.93689.93
Reserves -616.28-558.67-581.19-573.80-642.54-704.32168.01-872.54
Debt +1,090.301,054.871,081.571,076.161,107.311,207.911,285.492,058.56
Long Term Debt1,090.301,054.871,081.571,076.161,107.311,207.911,285.492,058.56
Short Term Debt00000000
Minority Interest00000000
Trade Payables00000140.65191.71288.81
Others Liabilities 156.59148.96189.93192.54197.33123.53442.76250.01
Total Liabilities 1,182.551,197.101,242.251,246.841,214.041,319.722,777.902,414.77

Fixed Assets

Net Fixed Assets +958.84908.99892.43872.88908.80973.561,623.761,721.80
Gross Block1,392.901,459.081,563.271,666.371,845.841,999.842,665.543,244.11
Accumulated Depreciation434.06550.09670.84793.49937.041,026.281,041.781,522.31
CWIP 21.2511.8823.9327.1931.8944.13142.93103.56
Investments 00000097.170.05
Inventories0.960.3900.0500.661.896.44
Trade Receivables56.1250.3253.2359.7850.5354.4565.6752.02
Cash Equivalents 113.28154.22207.30209.91147.27127.29108.69232.61
Others Assets 32.1071.2965.3677.0375.55119.63737.79298.29
Total Assets 1,182.551,197.101,242.251,246.841,214.041,319.722,777.902,414.77

Cash Flow

(All Figures are in Crores.)
PARTICULARSJun'02Jun'03Jun'04Jun'05Jun'06Dec'06Dec'07Mar'09
Cash Flow From Operating Activity + 173.79192.21202.65146.84129.8380.93-513.14730.60
PBT -15.3557.61-22.517.56-67.45-38.20388.35-1,015.22
Adjustment 224.30178.10191.22175.80160.25131.35-155.911,322.48
Changes in Working Capital -115.25-44.3736.96-35.8438.9-9.05-729.57464.81
Tax Paid 80.090.87-3.01-0.69-1.86-3.17-16.01-41.46
Cash Flow From Investing Activity + -52.12-71.42-105.33-119.45-192.94-141.54-305.61-887.71
Capex -77.99-51.83-118.68-132.48-186.15-175.68-491.38-922.50
Net Investments 00000000
Others 25.87-19.5913.3613.03-6.7834.14185.7734.79
Cash Flow From Financing Activity + -95.87-79.84-44.25-24.780.4740.62800.15183.90
Net Proceeds from Shares 000000632.240
Net Proceeds from Borrowing -16.89-7-5.695.25605.24106.19361.93-98.71
Interest Paid -79.31-51.75-38.84-30.35-10.25-59.16-154.53-266.50
Dividend Paid 00000000
Others 0.33-21.090.280.33-594.53-6.40-39.50549.12
Net Cash Flow 25.8140.9453.082.61-62.64-19.98-18.6026.80

Financial Ratio

PARTICULARSJun'02Jun'03Jun'04Jun'05Jun'06Dec'06Dec'07Mar'09
Ratios
ROE (%)N/AN/AN/AN/AN/AN/A123.05N/A
ROCE (%)N/AN/AN/AN/AN/AN/A35.63N/A
Asset Turnover Ratio0.420.420.440.490.540.310.470.61
PAT to CFO Conversion(x)N/A3.34N/A19.87N/AN/A-1.35N/A
Working Capital Days
Receivable Days40.8039.3035.203430.4049.2022.9013.60
Inventory Days0.700.500000.600.501
Payable Days000005,630.405,588.500

Management X-Ray

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 (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Spice Communications Ltd FAQs

The current trading price of Spice Comm on 01-Jan-1970 05:30 is ₹0.00.

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 31-Dec-1969 the market cap of Spice Comm stood at ₹3,915.3 Cr

The latest P/E ratio of Spice Comm as of 31-Dec-1969 is 0.00.

The latest P/B ratio of Spice Comm as of 31-Dec-1969 is -11.28.

The 52-week high of Spice Comm is ₹58.10 and the 52-week low is ₹56.15.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Spice Comm is ₹1,353 ( Cr.) .

Data is not available for this company.

No data found

No data found

About Spice Communications Ltd

Spice Communications incorporated in 1995, operates cellular phone services in the states of Punjab and Karnataka. The company offers post paid and prepaid connection under which is offers spectrum of services such as Infotainment, Radio, Caller Songs, Entertainment, Spice Emergency Service, Short Messaging Service, Dial in Service, GPRS, Incoming Call Block, Call Management Service, Background Music, Contests, Spice Mail, BID For VIP Numbers and also Spice TV.

Milestones

1995-Company was incorporated as Modicom Network-private limited company to offer telecommunication services. Company set up 6 circles out which 3 received H-1 position becoming the highest bidder for getting the license in Karnataka, Punjab and Rajasthan telecom circles. 

1996-Company entered into license agreements with DoT for operation of Cellular Mobile Telephone Services in Punjab and Karnataka.

1997- Company commenced its commercial operations in May 1997 in Karnataka circle and June 1997 in Punjab Circle.

1999- Company was successful in achieving 0.1 million subscriber base. The company was converted into Deemed Public Limited and name was changed to Modicom Network. In the same year the name was changed Spice Communications.

2000-The Company was entitled to Revenue sharing regime of licensing instead of fixed license fee regime.

2002- Company received ISP license.

2003- Company was successful in achieving 1 million subscriber base.

2004- Company migrated to Unified Access Services.

2006-Company touched the mark of 2 million subscriber base. Company applied to obtain ILD and NLD Licenses. Company applied for Cellular Licence in 20 Circles

2008- Idea Cellular acquired 40% stakes in Spice Communications. Thus now Spice Communications has become Idea Cellular.

Future Plans

In future, Spice Communications plans to widen its services portfolio and increase its presence in India.

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