Catvision Ltd

Catvision Ltd

₹ 26.0 -1.85%
24 Dec - close price
About

Incorporated in 1985, Catvision India Ltd is engaged in manufacturing and selling of CATV, SMATV and IPTV equipment and providing related services including channel marketing services. The company caters to both domestic and international markets.

Key Points

Business Divisions:[1]
Company has its head office at Noida and factory in Dehradun. It has 4 business divisions:
a) Cable TV & GPON:
Sales of cable TV and GPON (Gigabit Passive Optical Network – for provision of internet services on fiber cable to homes) networking
products to cable TV operators and ISPs.
b) Hospitality:
Provision of Pay TV services to hotels and sales of cable TV, IPTV and GPON systems to institutional customers like hospitals and campuses.
c) Channel Distribution: Distribution of foreign TV channels to cable, DTH and OTT operators.
d) **Online Sales: **
Online sales of consumer electronic and IOT products.

  • Market Cap 14.2 Cr.
  • Current Price 26.0
  • High / Low 41.2 / 18.8
  • Stock P/E 202
  • Book Value 43.7
  • Dividend Yield 0.00 %
  • ROCE -1.97 %
  • ROE -0.82 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 0.59 times its book value
  • Debtor days have improved from 73.6 to 57.2 days.
  • Company's working capital requirements have reduced from 171 days to 125 days

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -14.5% over past five years.
  • Promoter holding is low: 30.9%
  • Company has a low return on equity of -0.49% over last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Trading Industry: Trading

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
6.15 5.10 5.05 4.60 5.84 5.56 5.61 5.12 4.79 5.22 4.97 4.80 5.65
5.57 4.86 5.37 4.60 5.58 5.28 5.56 5.04 4.73 5.41 5.09 4.61 5.55
Operating Profit 0.58 0.24 -0.32 0.00 0.26 0.28 0.05 0.08 0.06 -0.19 -0.12 0.19 0.10
OPM % 9.43% 4.71% -6.34% 0.00% 4.45% 5.04% 0.89% 1.56% 1.25% -3.64% -2.41% 3.96% 1.77%
0.05 0.05 0.61 0.05 0.06 -0.24 0.12 0.08 0.08 0.10 6.72 0.05 0.11
Interest 0.13 0.14 0.13 0.12 0.15 0.12 0.06 0.01 0.02 0.00 -0.05 0.01 0.01
Depreciation 0.21 0.21 0.22 0.21 0.21 0.21 0.22 0.18 0.18 0.18 0.16 0.12 0.17
Profit before tax 0.29 -0.06 -0.06 -0.28 -0.04 -0.29 -0.11 -0.03 -0.06 -0.27 6.49 0.11 0.03
Tax % 27.59% -16.67% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.62% 0.00% 0.00%
0.22 -0.04 -0.05 -0.27 -0.04 -0.29 -0.11 -0.03 -0.06 -0.27 6.46 0.11 0.03
EPS in Rs 0.40 -0.07 -0.09 -0.50 -0.07 -0.53 -0.20 -0.06 -0.11 -0.50 11.85 0.20 0.06
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
28.84 33.22 32.61 50.13 56.69 77.57 43.87 29.53 21.71 21.67 21.55 20.09 20.64
27.47 31.31 30.81 45.50 53.51 71.96 42.64 28.94 20.30 20.85 21.03 20.27 20.66
Operating Profit 1.37 1.91 1.80 4.63 3.18 5.61 1.23 0.59 1.41 0.82 0.52 -0.18 -0.02
OPM % 4.75% 5.75% 5.52% 9.24% 5.61% 7.23% 2.80% 2.00% 6.49% 3.78% 2.41% -0.90% -0.10%
-0.02 0.02 0.04 -0.14 0.53 0.37 0.05 0.41 0.32 0.76 0.05 6.99 6.98
Interest 0.43 0.67 0.56 0.85 1.08 0.89 1.09 0.81 0.59 0.55 0.44 -0.02 -0.03
Depreciation 0.57 0.57 0.71 0.50 0.49 0.57 0.68 0.78 0.83 0.84 0.84 0.69 0.63
Profit before tax 0.35 0.69 0.57 3.14 2.14 4.52 -0.49 -0.59 0.31 0.19 -0.71 6.14 6.36
Tax % 22.86% 20.29% 10.53% 33.76% 35.05% 33.41% 8.16% -13.56% -54.84% 31.58% 0.00% 0.65%
0.26 0.56 0.52 2.08 1.40 3.00 -0.54 -0.52 0.48 0.13 -0.71 6.10 6.33
EPS in Rs 0.56 1.03 0.95 3.81 2.57 5.50 -0.99 -0.95 0.88 0.24 -1.30 11.19 11.61
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 38.93% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: -5%
5 Years: -14%
3 Years: -3%
TTM: -2%
Compounded Profit Growth
10 Years: %
5 Years: 10%
3 Years: %
TTM: 450%
Stock Price CAGR
10 Years: 9%
5 Years: 30%
3 Years: 38%
1 Year: 47%
Return on Equity
10 Years: 4%
5 Years: 0%
3 Years: 0%
Last Year: -1%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 4.65 5.45 5.45 5.45 5.45 5.45 5.45 5.45 5.45 5.45 5.45 5.45 5.45
Reserves 7.07 7.27 7.61 9.71 11.09 13.42 12.81 12.27 12.75 12.88 12.16 18.26 18.40
4.64 2.86 3.96 10.59 9.72 7.56 8.04 6.92 6.27 4.47 0.21 0.00 0.00
7.37 7.32 6.50 10.20 13.21 14.46 12.02 7.12 5.32 6.49 4.46 5.85 6.86
Total Liabilities 23.73 22.90 23.52 35.95 39.47 40.89 38.32 31.76 29.79 29.29 22.28 29.56 30.71
4.32 3.91 3.73 3.51 3.58 4.54 5.57 5.67 5.14 4.61 3.99 3.54 3.42
CWIP 0.00 0.00 0.00 0.00 0.00 0.72 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.07 1.24 2.73 3.77 4.36 4.61 4.61 4.61 4.61 4.61 1.86 6.34 9.47
19.34 17.75 17.06 28.67 31.53 31.02 28.14 21.48 20.04 20.07 16.43 19.68 17.82
Total Assets 23.73 22.90 23.52 35.95 39.47 40.89 38.32 31.76 29.79 29.29 22.28 29.56 30.71

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-0.18 1.80 0.41 -3.15 5.92 6.45 -2.33 2.22 1.52 2.09 2.61 3.90
-0.16 -1.55 -1.91 -1.42 -1.09 -2.49 -1.08 -0.42 -0.27 0.01 2.13 1.91
1.01 -1.42 0.53 5.78 -2.16 -3.65 -0.58 -1.93 -1.25 -2.34 -4.70 -0.19
Net Cash Flow 0.67 -1.17 -0.96 1.21 2.67 0.31 -3.98 -0.13 0.01 -0.24 0.04 5.62

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 105.42 70.76 75.66 53.44 59.43 50.07 91.35 97.40 99.87 92.81 70.63 57.23
Inventory Days 143.50 124.44 128.75 127.46 121.73 70.17 154.51 196.14 307.64 276.81 291.41 313.47
Days Payable 90.97 57.35 49.62 36.29 70.26 54.15 76.07 54.76 65.51 73.99 62.92 39.24
Cash Conversion Cycle 157.95 137.84 154.79 144.61 110.90 66.09 169.80 238.78 341.99 295.62 299.12 331.45
Working Capital Days 128.46 92.95 104.32 115.40 79.58 51.34 121.14 161.30 223.94 209.37 180.21 124.63
ROCE % 5.24% 8.52% 6.93% 19.92% 12.34% 20.54% 2.54% 0.98% 3.67% 3.13% 0.98% -1.97%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
31.08% 31.05% 31.05% 29.21% 29.21% 29.21% 29.21% 29.62% 29.82% 29.82% 30.13% 30.90%
0.31% 0.31% 0.31% 0.31% 0.31% 0.31% 0.31% 0.31% 0.31% 0.31% 0.31% 0.31%
68.61% 68.64% 68.64% 70.49% 70.48% 70.48% 70.48% 70.07% 69.87% 69.86% 69.56% 68.79%
No. of Shareholders 3,3443,9063,9263,8353,7763,7063,7113,7023,8704,5874,4964,841

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents