Punjab Communications Ltd
Incorporated in 1981, Punjab Communications Ltd (Puncom) is in the business of manufacturing of telecom product[1]
- Market Cap ₹ 60.1 Cr.
- Current Price ₹ 50.0
- High / Low ₹ 74.0 / 40.8
- Stock P/E
- Book Value ₹ 86.2
- Dividend Yield 0.00 %
- ROCE -2.72 %
- ROE -2.87 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.56 times its book value
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of -5.19% over last 3 years.
- Contingent liabilities of Rs.35.7 Cr.
- Company has high debtors of 855 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2006 | Mar 2007 | Mar 2008 | |
|---|---|---|---|
| 56.81 | 35.70 | 7.56 | |
| 67.61 | 48.64 | 19.98 | |
| Operating Profit | -10.80 | -12.94 | -12.42 |
| OPM % | -19.01% | -36.25% | -164.29% |
| 6.37 | 6.69 | 10.75 | |
| Interest | 0.55 | 0.46 | 0.22 |
| Depreciation | 1.58 | 1.39 | 1.22 |
| Profit before tax | -6.56 | -8.10 | -3.11 |
| Tax % | -2.29% | -1.60% | -3.54% |
| -6.41 | -7.97 | -3.00 | |
| EPS in Rs | -5.33 | -6.63 | -2.50 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -79% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 61% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 1% |
| 5 Years: | 18% |
| 3 Years: | 17% |
| 1 Year: | 1% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -5% |
| Last Year: | -3% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2006 | Mar 2007 | Mar 2008 | |
|---|---|---|---|
| Equity Capital | 12.05 | 12.05 | 12.05 |
| Reserves | 103.60 | 95.70 | 91.60 |
| 3.24 | 2.03 | 1.21 | |
| 39.61 | 36.88 | 35.54 | |
| Total Liabilities | 158.50 | 146.66 | 140.40 |
| 10.25 | 9.03 | 8.23 | |
| CWIP | 0.05 | 0.00 | 0.00 |
| Investments | 9.32 | 2.01 | 1.16 |
| 138.88 | 135.62 | 131.01 | |
| Total Assets | 158.50 | 146.66 | 140.40 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2006 | Mar 2007 | Mar 2008 | |
|---|---|---|---|
| -3.11 | 2.41 | 3.56 | |
| 4.20 | 12.76 | 9.06 | |
| -0.08 | -0.70 | -1.20 | |
| Net Cash Flow | 1.01 | 14.47 | 11.42 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2006 | Mar 2007 | Mar 2008 | |
|---|---|---|---|
| Debtor Days | 279.03 | 317.15 | 855.05 |
| Inventory Days | 159.96 | 262.29 | 1,244.85 |
| Days Payable | 119.56 | 73.45 | 712.82 |
| Cash Conversion Cycle | 319.43 | 505.99 | 1,387.08 |
| Working Capital Days | 212.60 | 209.29 | 277.61 |
| ROCE % | -6.58% | -2.72% |
Insights
In beta| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
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| Revenue from Operations (Turnover) ₹ Lacs ・Standalone data |
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| Trade Receivables Turnover Ratio Ratio ・Standalone data |
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| Employee Count Number ・Standalone data |
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| PLCC (Systems/Spares) Revenue ₹ Lacs ・Standalone data |
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| VMUX (Systems/Spares) Revenue ₹ Lacs ・Standalone data |
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| Service Income ₹ Lacs ・Standalone data |
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Documents
Announcements
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Announcement under Regulation 30 (LODR)-Change in Management
10 Mar - Holding company withdrew Parminder Sandhu; Harsuhinder Brar nominated as MD; cessation effective 10-Mar-2026; board to regularize.
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Announcement under Regulation 30 (LODR)-Change in Directorate
20 Feb - Appointment of Gurkirat Kirpal Singh IAS as Director-cum-Chairman; H. P. S. Brar appointed; effective 17 Feb 2026.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
16 Feb - Copy of newspaper publication for unaudited quarterly financial results for quarter ended 31.12.2025
- Unaudited Financial Results For Quarter Ended 31.12.2025 13 Feb
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Board Meeting Outcome for Unaudited Quarterly Financial Results For Period Ended 31.12.2025
13 Feb - Board approved unaudited Q3 results (31-Dec-2025); auditor issued qualified review on 13-Feb-2026.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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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
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.