Catvision Ltd
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.
- Market Cap ₹ 13.3 Cr.
- Current Price ₹ 24.4
- High / Low ₹ 41.2 / 11.7
- Stock P/E 2.18
- Book Value ₹ 43.5
- Dividend Yield 0.00 %
- ROCE 29.5 %
- ROE 29.5 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.56 times its book value
- Company has delivered good profit growth of 71.8% CAGR over last 5 years
- 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
- The company has delivered a poor sales growth of -14.5% over past five years.
- Promoter holding is low: 30.1%
- Company has a low return on equity of 10.5% 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
28.84 | 33.22 | 32.61 | 50.13 | 56.69 | 77.57 | 43.87 | 29.53 | 21.71 | 21.67 | 21.55 | 20.09 | |
27.47 | 31.31 | 30.81 | 45.50 | 53.51 | 71.96 | 42.64 | 28.94 | 20.30 | 20.85 | 21.03 | 13.78 | |
Operating Profit | 1.37 | 1.91 | 1.80 | 4.63 | 3.18 | 5.61 | 1.23 | 0.59 | 1.41 | 0.82 | 0.52 | 6.31 |
OPM % | 4.75% | 5.75% | 5.52% | 9.24% | 5.61% | 7.23% | 2.80% | 2.00% | 6.49% | 3.78% | 2.41% | 31.41% |
-0.02 | 0.02 | 0.04 | -0.14 | 0.53 | 0.37 | 0.05 | 0.41 | 0.32 | 0.76 | 0.05 | 0.50 | |
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 |
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 |
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 |
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 | |
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 |
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: | -7% |
Compounded Profit Growth | |
---|---|
10 Years: | 27% |
5 Years: | 72% |
3 Years: | 133% |
TTM: | 2642% |
Stock Price CAGR | |
---|---|
10 Years: | 11% |
5 Years: | 23% |
3 Years: | 29% |
1 Year: | 101% |
Return on Equity | |
---|---|
10 Years: | 7% |
5 Years: | 6% |
3 Years: | 11% |
Last Year: | 30% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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 |
Reserves | 6.34 | 7.27 | 7.61 | 9.71 | 11.09 | 13.42 | 12.81 | 12.27 | 12.75 | 12.88 | 12.16 | 18.26 |
4.64 | 2.86 | 3.96 | 10.59 | 9.72 | 7.56 | 8.04 | 6.92 | 6.27 | 4.47 | 0.21 | 0.00 | |
8.10 | 7.32 | 6.50 | 10.20 | 13.21 | 14.46 | 12.02 | 7.12 | 5.32 | 6.49 | 4.46 | 5.84 | |
Total Liabilities | 23.73 | 22.90 | 23.52 | 35.95 | 39.47 | 40.89 | 38.32 | 31.76 | 29.79 | 29.29 | 22.28 | 29.55 |
4.32 | 3.91 | 3.73 | 3.51 | 3.58 | 4.54 | 5.57 | 5.67 | 5.14 | 4.61 | 3.99 | 3.54 | |
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 |
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 |
19.34 | 17.75 | 17.06 | 28.67 | 31.53 | 31.02 | 28.14 | 21.48 | 20.04 | 20.07 | 16.43 | 19.67 | |
Total Assets | 23.73 | 22.90 | 23.52 | 35.95 | 39.47 | 40.89 | 38.32 | 31.76 | 29.79 | 29.29 | 22.28 | 29.55 |
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 | 167.47 |
Days Payable | 90.97 | 57.35 | 49.62 | 36.29 | 70.26 | 54.15 | 76.07 | 54.76 | 65.51 | 73.99 | 62.92 | 20.97 |
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 | 203.74 |
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 % | 5.37% | 8.72% | 6.93% | 19.92% | 12.34% | 20.54% | 2.54% | 0.98% | 3.67% | 3.13% | 0.98% | 29.47% |
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
5 Jul - Certificate under Reg. 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended 30th June, 2024.
- General Update Regarding Downlinking Permission With Respect To "ABC Australia" Channel 1 Jul
- Closure of Trading Window 27 Jun
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Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements
24 Jun - Ministry of Information and Broadcasting, Government of India has granted permission to the Catvision Limited for Downlinking and Broadcasting "ABC Australia" Channel in India. Catvision …
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Announcement under Regulation 30 (LODR)-Newspaper Publication
28 May - Newspaper Publication of the Audited Standalone & Consolidated Financial Results for the quarter and financial year ended on 31st March, 2024.
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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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.