Punjab Communications Ltd
Incorporated in 1981, Punjab Communications Ltd (Puncom) is in the business of manufacturing of telecom product[1]
- Market Cap ₹ 84.6 Cr.
- Current Price ₹ 70.4
- High / Low ₹ 77.4 / 27.0
- Stock P/E
- Book Value ₹ 24.0
- Dividend Yield 0.00 %
- ROCE -9.31 %
- ROE -11.4 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company is expected to give good quarter
Cons
- Stock is trading at 2.93 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -19.6% over past five years.
- Company has a low return on equity of -26.3% over last 3 years.
- Contingent liabilities of Rs.51.9 Cr.
- Company has high debtors of 260 days.
* 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: Telecomm Equipment & Infra Services Industry: Telecommunications - Equipment
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
22 | 20 | 21 | 20 | 28 | 38 | 45 | 28 | 21 | 11 | 11 | 15 | |
34 | 37 | 39 | 39 | 43 | 51 | 56 | 48 | 41 | 32 | 27 | 24 | |
Operating Profit | -12 | -17 | -18 | -19 | -15 | -13 | -11 | -20 | -20 | -21 | -16 | -9 |
OPM % | -53% | -87% | -86% | -95% | -53% | -34% | -25% | -72% | -97% | -193% | -156% | -60% |
16 | 11 | 8 | 9 | 9 | 9 | 9 | 9 | 8 | 8 | 1 | 20 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 1 | 1 | 0 | 0 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
Profit before tax | 3 | -6 | -10 | -10 | -6 | -5 | -3 | -11 | -12 | -13 | -16 | 10 |
Tax % | 4% | -9% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 6% | 0% | 0% |
3 | -7 | -10 | -10 | -6 | -5 | -3 | -11 | -12 | -12 | -16 | 10 | |
EPS in Rs | 2.50 | -5.70 | -8.53 | -8.72 | -5.23 | -4.02 | -2.25 | -9.51 | -9.90 | -10.39 | -12.99 | 8.44 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | -3% |
5 Years: | -20% |
3 Years: | -10% |
TTM: | 42% |
Compounded Profit Growth | |
---|---|
10 Years: | 5% |
5 Years: | 0% |
3 Years: | 21% |
TTM: | 69% |
Stock Price CAGR | |
---|---|
10 Years: | -3% |
5 Years: | 36% |
3 Years: | 23% |
1 Year: | 118% |
Return on Equity | |
---|---|
10 Years: | -13% |
5 Years: | -23% |
3 Years: | -26% |
Last Year: | -11% |
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 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 |
Reserves | 100 | 92 | 82 | 72 | 65 | 62 | 59 | 46 | 35 | 22 | 7 | 17 |
0 | 1 | 0 | 0 | 0 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | |
47 | 44 | 43 | 53 | 58 | 58 | 77 | 76 | 77 | 77 | 75 | 53 | |
Total Liabilities | 159 | 149 | 137 | 136 | 136 | 133 | 148 | 135 | 124 | 112 | 93 | 82 |
5 | 4 | 4 | 6 | 6 | 6 | 5 | 5 | 5 | 4 | 4 | 4 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 1 | 0 | 0 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 0 |
153 | 145 | 132 | 124 | 123 | 121 | 136 | 123 | 112 | 101 | 82 | 78 | |
Total Assets | 159 | 149 | 137 | 136 | 136 | 133 | 148 | 135 | 124 | 112 | 93 | 82 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-13 | 0 | -17 | -1 | -12 | -14 | -5 | -10 | -5 | -15 | -23 | -1 | |
12 | 0 | 19 | 1 | 10 | 16 | 4 | 14 | 6 | 9 | 23 | 25 | |
-0 | 0 | -1 | -0 | 0 | 1 | -2 | 0 | -0 | 4 | -0 | -4 | |
Net Cash Flow | -1 | 0 | 1 | 0 | -1 | 3 | -3 | 4 | 1 | -3 | 0 | 20 |
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 | 336 | 325 | 292 | 261 | 201 | 182 | 227 | 321 | 324 | 354 | 352 | 260 |
Inventory Days | 548 | 738 | 724 | 724 | 698 | 481 | 407 | 539 | 630 | 2,114 | 1,269 | 181 |
Days Payable | 738 | 763 | 553 | 569 | 479 | 317 | 298 | 381 | 538 | 1,645 | 1,099 | 915 |
Cash Conversion Cycle | 145 | 299 | 463 | 416 | 420 | 346 | 336 | 479 | 416 | 822 | 522 | -474 |
Working Capital Days | 253 | 423 | 362 | 204 | 120 | 111 | 38 | -35 | -258 | -753 | -841 | -837 |
ROCE % | 0% | -6% | -8% | -11% | -8% | -6% | -3% | -18% | -22% | -32% | -33% |
Documents
Announcements
- Closure of Trading Window 27 Jun
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
29 May - Copies of the Newspapers "The Financial Express" and "Desh Sewak" dated 29.05.2024 in which Audited Financial Results for the Quarter / Year ended 31st March, …
-
Appointment of Company Secretary and Compliance Officer
28 May - The Board in its meeting held today i.e 28th May, 2024 has appointed CS Pratima Yadav, Company Secretary of the Company, who was on maternity …
- Announcement Under Regulation 30 Of SEBI (LODR) Regulations, 2015 - Sale Of Building 28 May
- Announcement Under Regulation 30 Of SEBI (LODR) Regulation, 2015 - Sale Of Building 28 May
Annual reports
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Financial Year 2023
from bse
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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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History[1]
Co. was established in 1981 and promoted by the Punjab Govt. for enhancing the Electronics and Telecommunication industry in the region and got listed on Oct 1994. The co. has broadened its customer and product base through tie-ups with foreign companies including Huawei Technologies of China for the supply of DWDM equipment. Simultaneously, to improve the bottom line, the company went about developing its core markets of railways and power sector with its own products.