Telogica Ltd

Telogica Ltd

₹ 23.5 4.87%
22 Nov 10:36 a.m.
About

Incorporated in 1995, Aishwarya Technologies and Telecom Ltd is a designing and manufacturing company producing Test and Measuring Equipment like Fiber, Data and Copper Cable Fault Locators in India.

Key Points

Products Profile:[1]
The company is into manufacturing of test equipment in India having 20 Telecom Engineering Centre approvals from Department of Telecommunications.
a) Manufacturing:
With more than 20 Microprocessor based products designed and manufactured by Aishwarya Telecom having Telecom Engineering Centre (DOT) approvals; ATL is the largest Optical Fiber Designing and Manufacturing company in India with products like OTDR, Power Meter, Laser Source, Variable Attenuator, Talkset, Fiber Optic Locators, Fiber Identifier, Electronic Markers, Cable Fault Locators, 2Mbps Testers, RF Power Meters, DC-DC converters, etc.
b) Defense:
The company is a regular supplier to most of the DRDO labs. The company supplies equipment like RF Components and Instruments, Optical Instruments, Micro wave Subsystems, etc. to the Defense sector.
c) Telecommunication:
ATL is a manufacturer and seller of a full range of test equipment which are fitted in all domains (Copper, Optical, Digital & RF technologies). The company supplies Splicing Machines, Copper Testers, Data Testers, Optical Testers, RF Test Instruments, Snap Track, Pathfinder PLS, Route Tracer, etc.

  • Market Cap 56.1 Cr.
  • Current Price 23.5
  • High / Low 27.8 / 7.24
  • Stock P/E 29.8
  • Book Value 3.18
  • Dividend Yield 0.00 %
  • ROCE %
  • ROE %
  • Face Value 5.00

Pros

Cons

  • Stock is trading at 7.04 times its book value
  • Promoter holding has decreased over last quarter: -0.94%
  • Promoter holding is low: 28.7%
  • Company has high debtors of 203 days.
  • Company's cost of borrowing seems high

* 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

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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
0.80 1.47 2.48 1.60 1.15 0.60 1.10 0.67 3.76 8.87 4.56 2.98 4.66
1.76 3.35 3.19 3.26 0.98 1.22 2.45 0.98 3.24 5.34 6.51 2.69 4.41
Operating Profit -0.96 -1.88 -0.71 -1.66 0.17 -0.62 -1.35 -0.31 0.52 3.53 -1.95 0.29 0.25
OPM % -120.00% -127.89% -28.63% -103.75% 14.78% -103.33% -122.73% -46.27% 13.83% 39.80% -42.76% 9.73% 5.36%
0.32 0.92 0.13 2.61 0.24 0.15 0.03 0.18 0.00 0.00 0.10 0.06 0.09
Interest 0.17 0.16 0.22 0.16 0.16 0.15 0.13 0.08 0.19 0.22 0.65 0.09 0.09
Depreciation 0.07 0.07 0.07 0.05 0.05 0.02 0.01 0.02 0.01 0.01 0.02 0.02 0.02
Profit before tax -0.88 -1.19 -0.87 0.74 0.20 -0.64 -1.46 -0.23 0.32 3.30 -2.52 0.24 0.23
Tax % 0.00% -47.90% 0.00% 0.00% 0.00% 0.00% -2.74% 0.00% 18.75% 0.00% -0.79% -191.67% -60.87%
-0.88 -0.62 -0.87 0.74 0.20 -0.64 -1.42 -0.23 0.26 3.30 -2.49 0.70 0.37
EPS in Rs -0.37 -0.26 -0.36 0.31 0.08 -0.27 -0.59 -0.10 0.11 1.38 -1.04 0.29 0.15
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
24.50 26.08 31.12 45.92 55.43 24.25 10.00 10.76 10.16 6.48 4.44 17.55 21.07
21.88 23.25 30.83 44.40 52.54 35.98 30.90 18.61 15.00 10.89 7.43 15.74 18.95
Operating Profit 2.62 2.83 0.29 1.52 2.89 -11.73 -20.90 -7.85 -4.84 -4.41 -2.99 1.81 2.12
OPM % 10.69% 10.85% 0.93% 3.31% 5.21% -48.37% -209.00% -72.96% -47.64% -68.06% -67.34% 10.31% 10.06%
0.12 0.18 0.25 0.19 0.44 2.15 3.16 0.55 0.89 2.03 3.03 0.28 0.25
Interest 1.43 1.67 1.36 1.55 2.45 1.66 1.66 0.67 0.64 0.71 1.06 1.16 1.05
Depreciation 1.17 0.96 1.16 1.24 1.06 0.90 0.80 0.57 0.41 0.29 0.13 0.06 0.07
Profit before tax 0.14 0.38 -1.98 -1.08 -0.18 -12.14 -20.20 -8.54 -5.00 -3.38 -1.15 0.87 1.25
Tax % -778.57% 165.79% 2.02% 1.85% 227.78% -25.04% -28.37% -21.43% -9.40% -16.86% -3.48% 4.60%
1.22 -0.25 -2.02 -1.10 -0.59 -9.10 -14.48 -6.71 -4.53 -2.81 -1.11 0.84 1.88
EPS in Rs 0.57 -0.12 -0.94 -0.51 -0.27 -4.10 -6.06 -2.81 -1.90 -1.18 -0.46 0.35 0.78
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: -4%
5 Years: 12%
3 Years: 20%
TTM: 244%
Compounded Profit Growth
10 Years: 18%
5 Years: 16%
3 Years: 30%
TTM: 193%
Stock Price CAGR
10 Years: 18%
5 Years: 51%
3 Years: 92%
1 Year: 209%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

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 10.78 10.78 10.78 10.78 10.78 11.11 11.95 11.95 11.95 11.95 11.95 11.95 11.95
Reserves 27.08 26.83 24.75 23.65 23.13 14.05 -0.56 -7.19 -11.36 -14.10 -16.14 -15.09 -4.35
7.65 8.03 7.48 3.81 6.10 8.40 7.40 8.18 3.61 3.23 2.67 2.56 2.26
5.67 5.26 5.89 10.92 10.16 8.50 14.72 21.92 24.72 25.17 24.59 31.03 27.04
Total Liabilities 51.18 50.90 48.90 49.16 50.17 42.06 33.51 34.86 28.92 26.25 23.07 30.45 36.90
8.28 7.39 6.52 5.36 4.39 4.79 3.98 3.42 3.04 2.77 0.47 0.92 0.92
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.15 0.15 0.15 0.15 0.15 0.15 0.15 0.15 0.00 0.00 0.00 0.00 0.00
42.75 43.36 42.23 43.65 45.63 37.12 29.38 31.29 25.88 23.48 22.60 29.53 35.98
Total Assets 51.18 50.90 48.90 49.16 50.17 42.06 33.51 34.86 28.92 26.25 23.07 30.45 36.90

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
-6.33 0.06 1.06 4.81 -2.36 -4.15 0.23 -0.60 4.75 0.59 -3.56 1.59
-0.01 -0.07 -0.36 -0.07 -0.10 -1.30 0.01 -0.01 0.13 -0.03 4.74 -0.50
3.04 0.54 -0.19 -3.68 3.08 4.45 -0.38 0.78 -4.57 -1.09 -1.02 -1.23
Net Cash Flow -3.30 0.53 0.52 1.06 0.63 -1.00 -0.14 0.16 0.32 -0.53 0.16 -0.15

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 431.30 392.71 295.92 170.42 152.77 275.14 337.62 362.29 252.19 268.12 392.13 202.99
Inventory Days 126.07 158.85 101.38 181.81 237.74 190.58 152.35 328.34 629.14 182.67
Days Payable 83.37 42.84 45.65 35.46 177.21 456.88 669.24 1,130.88 2,132.37 688.18
Cash Conversion Cycle 474.00 508.72 295.92 170.42 208.50 421.49 398.15 95.98 -264.70 -534.41 -1,111.10 -302.53
Working Capital Days 511.89 498.10 395.14 230.35 205.38 343.18 139.80 -68.18 -366.80 -749.71 -1,134.46 -276.82
ROCE % 3.67% 4.52% -1.40% 1.16% 5.78% -28.57% -70.83% -49.61% -50.88% -101.14%

Shareholding Pattern

Numbers in percentages

5 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
29.61% 29.61% 29.61% 29.61% 29.61% 22.25% 29.63% 29.63% 29.63% 29.63% 29.63% 28.69%
70.39% 70.39% 70.39% 70.40% 70.39% 77.75% 70.37% 70.37% 70.36% 70.36% 70.36% 71.30%
No. of Shareholders 5,5485,4825,5375,5375,4215,3715,3215,2745,2315,3655,3945,829

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