Telogica Ltd

Telogica Ltd

₹ 17.9 1.99%
25 Apr 10:16 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 42.8 Cr.
  • Current Price 17.9
  • High / Low 20.6 / 5.43
  • Stock P/E
  • Book Value 1.23
  • Dividend Yield 0.00 %
  • ROCE -50.2 %
  • ROE -85.3 %
  • Face Value 5.00

Pros

Cons

  • Stock is trading at 14.2 times its book value
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -19.1% over past five years.
  • Promoter holding is low: 29.6%
  • Company has a low return on equity of -54.8% over last 3 years.
  • Company has high debtors of 362 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: Trading Industry: Trading

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020
6.74 2.59 0.99 1.89 2.08 5.04 2.59 2.02 5.14 1.01 0.36 1.49 2.52
4.30 15.05 4.73 3.89 3.97 24.97 3.14 2.63 5.87 7.00 1.76 2.54 2.96
Operating Profit 2.44 -12.46 -3.74 -2.00 -1.89 -19.93 -0.55 -0.61 -0.73 -5.99 -1.40 -1.05 -0.44
OPM % 36.20% -481.08% -377.78% -105.82% -90.87% -395.44% -21.24% -30.20% -14.20% -593.07% -388.89% -70.47% -17.46%
-0.05 1.51 0.12 0.07 0.05 2.91 0.10 0.07 0.19 0.20 0.12 0.21 0.11
Interest 0.37 0.46 0.43 0.39 0.23 1.21 0.13 0.14 0.15 0.24 0.22 0.07 0.13
Depreciation 0.24 0.27 0.20 0.20 0.20 0.42 0.14 0.14 0.14 0.14 0.10 0.10 0.10
Profit before tax 1.78 -11.68 -4.25 -2.52 -2.27 -18.65 -0.72 -0.82 -0.83 -6.17 -1.60 -1.01 -0.56
Tax % 58.43% 27.91% 0.00% 0.00% 0.00% 30.72% 19.44% 28.05% 20.48% 20.91% 26.25% 25.74% 28.57%
0.73 -8.42 -4.25 -2.52 -2.28 -12.92 -0.58 -0.59 -0.66 -4.88 -1.19 -0.75 -0.41
EPS in Rs 0.34 -3.79 -1.91 -1.13 -1.03 -5.41 -0.24 -0.25 -0.28 -2.04 -0.50 -0.31 -0.17
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 TTM
42.25 35.87 35.03 24.50 26.08 31.12 45.92 55.43 24.25 10.00 10.76 5.38
35.34 32.57 36.46 21.88 23.25 30.83 44.40 52.54 35.98 30.90 18.62 14.26
Operating Profit 6.91 3.30 -1.43 2.62 2.83 0.29 1.52 2.89 -11.73 -20.90 -7.86 -8.88
OPM % 16.36% 9.20% -4.08% 10.69% 10.85% 0.93% 3.31% 5.21% -48.37% -209.00% -73.05% -165.06%
1.78 0.97 0.58 0.12 0.18 0.25 0.19 0.44 2.15 3.16 0.55 0.64
Interest 0.85 1.04 1.24 1.43 1.67 1.36 1.55 2.45 1.66 1.66 0.67 0.66
Depreciation 0.79 0.82 0.95 1.17 0.96 1.16 1.24 1.06 0.90 0.80 0.57 0.44
Profit before tax 7.05 2.41 -3.04 0.14 0.38 -1.98 -1.08 -0.18 -12.14 -20.20 -8.55 -9.34
Tax % 11.63% 11.20% -5.92% -778.57% 165.79% -2.02% -1.85% -227.78% 25.04% 28.37% 21.40%
6.23 2.14 -3.22 1.22 -0.25 -2.02 -1.10 -0.59 -9.10 -14.48 -6.71 -7.23
EPS in Rs 2.92 0.99 -1.49 0.57 -0.12 -0.94 -0.51 -0.27 -4.10 -6.06 -2.81 -3.02
Dividend Payout % 8.60% 10.12% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: -13%
5 Years: -19%
3 Years: -42%
TTM: -64%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 51%
Stock Price CAGR
10 Years: 18%
5 Years: 50%
3 Years: 125%
1 Year: 223%
Return on Equity
10 Years: -11%
5 Years: -26%
3 Years: -55%
Last Year: -85%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Sep 2020
Equity Capital 10.71 10.83 10.83 10.83 10.83 10.78 10.78 10.78 11.11 11.95 11.95 11.95
Reserves 27.20 29.10 25.87 27.09 26.84 24.75 23.65 22.94 13.85 -0.76 -7.40 -9.00
2.83 1.79 4.49 7.65 8.03 7.48 3.81 6.10 8.40 7.40 8.18 6.93
5.49 7.90 10.16 5.68 6.79 5.95 10.97 10.21 8.55 14.78 21.98 24.82
Total Liabilities 46.23 49.62 51.35 51.25 52.49 48.96 49.21 50.03 41.91 33.37 34.71 34.70
7.64 7.50 9.46 8.28 7.39 6.53 5.36 4.40 4.80 3.98 3.42 3.24
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
Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
38.59 42.12 41.89 42.97 45.10 42.43 43.85 45.63 37.11 29.39 31.29 31.46
Total Assets 46.23 49.62 51.35 51.25 52.49 48.96 49.21 50.03 41.91 33.37 34.71 34.70

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
3.55 1.77 -6.34 1.06 4.81 -2.37 -4.19 0.23 -0.60
-0.67 -2.92 -0.01 -0.36 -0.07 -0.09 -1.27 0.01 -0.01
-1.45 2.07 3.05 -0.19 -3.68 3.08 4.45 -0.38 0.78
Net Cash Flow 1.43 0.92 -3.30 0.51 1.06 0.63 -1.00 -0.13 0.16

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Debtor Days 202.33 244.22 248.51 432.04 393.41 296.50 170.82 152.77 275.14 337.62 362.29
Inventory Days 86.60 116.85 95.31 126.07 158.85 101.38 181.81 237.74 190.58
Days Payable 34.64 82.06 106.09 83.37 42.84 45.65 35.46 177.58 457.24
Cash Conversion Cycle 254.29 279.01 237.73 474.74 509.42 296.50 170.82 208.50 421.49 397.79 95.62
Working Capital Days 281.72 311.58 280.81 514.87 522.45 397.25 231.86 205.38 343.18 139.80 -121.44
ROCE % 8.37% -4.34% 3.67% 4.51% -1.40% 1.16% 5.78% -28.68% -71.24% -50.16%

Shareholding Pattern

Numbers in percentages

3 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
29.73% 29.73% 29.61% 29.61% 29.61% 29.61% 29.61% 22.25% 29.63% 29.63% 29.63% 29.63%
70.27% 70.27% 70.39% 70.39% 70.39% 70.40% 70.39% 77.75% 70.37% 70.37% 70.36% 70.36%
No. of Shareholders 5,5165,5215,5485,4825,5375,5375,4215,3695,3215,2745,2315,365

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