Punjab Communications Ltd
Incorporated in 1981, Punjab Communications Ltd (Puncom) is in the business of manufacturing of telecom product[1]
- Market Cap ₹ 65.4 Cr.
- Current Price ₹ 54.4
- High / Low ₹ 77.4 / 40.8
- Stock P/E
- Book Value ₹ 21.7
- Dividend Yield 0.00 %
- ROCE -9.35 %
- ROE -11.5 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- 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.52.0 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 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
22 | 20 | 21 | 20 | 28 | 38 | 45 | 28 | 21 | 11 | 11 | 15 | 18 | |
34 | 37 | 39 | 39 | 43 | 51 | 56 | 48 | 41 | 32 | 27 | 24 | 28 | |
Operating Profit | -12 | -17 | -18 | -19 | -15 | -13 | -11 | -20 | -20 | -21 | -16 | -9 | -10 |
OPM % | -53% | -87% | -86% | -95% | -53% | -34% | -25% | -72% | -97% | -193% | -156% | -60% | -56% |
16 | 11 | 8 | 9 | 9 | 9 | 9 | 9 | 8 | 8 | 1 | 20 | 24 | |
Interest | 0 | 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 | 0 |
Profit before tax | 3 | -6 | -10 | -10 | -6 | -5 | -3 | -11 | -12 | -13 | -16 | 10 | 13 |
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 | 13 | |
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 | 11.01 |
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: | 45% |
Compounded Profit Growth | |
---|---|
10 Years: | 5% |
5 Years: | 0% |
3 Years: | 21% |
TTM: | -39% |
Stock Price CAGR | |
---|---|
10 Years: | 1% |
5 Years: | 37% |
3 Years: | 14% |
1 Year: | 8% |
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 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 12 | 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 | 14 |
0 | 1 | 0 | 0 | 0 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
47 | 44 | 43 | 53 | 58 | 58 | 77 | 76 | 77 | 77 | 75 | 67 | 52 | |
Total Liabilities | 159 | 149 | 137 | 136 | 136 | 133 | 148 | 135 | 124 | 112 | 93 | 96 | 78 |
5 | 4 | 4 | 6 | 6 | 6 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | |
CWIP | 0 | 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 | 0 |
153 | 145 | 132 | 124 | 123 | 121 | 136 | 123 | 112 | 101 | 82 | 93 | 74 | |
Total Assets | 159 | 149 | 137 | 136 | 136 | 133 | 148 | 135 | 124 | 112 | 93 | 96 | 78 |
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 | 1,039 |
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 | 384 |
Working Capital Days | 253 | 423 | 362 | 204 | 120 | 111 | 38 | -35 | -258 | -753 | -714 | -495 |
ROCE % | 0% | -6% | -8% | -11% | -8% | -6% | -3% | -18% | -22% | -32% | -33% | -9% |
Documents
Announcements
-
Board Meeting Intimation for Approval Of Audited Financial Results Of The Company For Period Ended 31.03.2025
2d - Board meeting on June 3 for Q4 and annual results; trading window closed till June 5, 2025.
-
Results-Delay in Financial Results
2d - Delay in FY25 results due to MD's leave; Board meeting rescheduled to 3 June 2025.
-
Announcement under Regulation 30 (LODR)-Change in Directorate
12 May - Appointment of Kamal Kishor Yadav as Chairman and Rahul Chaba as Director w.e.f. 06.05.2025.
-
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
15 Apr - Company not classified as Large Corporate under SEBI rules.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
7 Apr - Confirmation of securities dematerialization for Q1 2025.
Annual reports
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
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.