Suyog Telematics Ltd

₹ 351 4.62%
08 Dec 9:32 a.m.
About

Incorporated in 1995, Suyog Telematics Limited is engaged primarily in the business of installing, commissioning and servicing of poles, towers and optical fibre cabe (OFC ) systems, catering to the telecommunication industry with operators across 12 telecom circles in India.
The company is registered as Infrastructure Provider Category-I (IP-I) with the Department of Telecommunications (DoT).

Key Points

Business:[1] The company is a service provider of telecommunication products and services. Company builds, owns and operates passive infrastructure assets like telecom towers, optical fiber cable (OFC) systems and related assets, and provides them on a shared basis to wireless and other communications service providers. These customers use the space on the company's telecommunication towers to install active communication-related equipment to operate their wireless communications networks.

  • Market Cap 368 Cr.
  • Current Price 351
  • High / Low 488 / 290
  • Stock P/E 8.77
  • Book Value 202
  • Dividend Yield 0.29 %
  • ROCE 26.0 %
  • ROE 24.9 %
  • Face Value 10.0

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 23.9%
  • Company's median sales growth is 24.5% of last 10 years

Cons

  • Working capital days have increased from 49.1 days to 91.4 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.

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Quarterly Results

Figures in Rs. Crores

Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
30 31 31 32 32 34 34 35 38 42 40 33 35
16 17 20 17 15 19 16 15 15 22 13 12 11
Operating Profit 14 15 12 15 18 15 18 20 22 20 27 21 24
OPM % 47% 46% 37% 48% 54% 44% 53% 58% 59% 48% 68% 64% 68%
0 0 0 0 0 0 2 0 0 0 2 3 2
Interest 1 1 1 1 1 1 7 2 2 1 9 5 3
Depreciation 2 2 2 2 2 2 9 4 6 3 8 3 6
Profit before tax 12 12 9 12 15 11 4 15 15 15 12 16 17
Tax % 29% 25% 13% 34% 37% 28% 135% 21% 21% 24% 45% 28% 28%
Net Profit 8 9 8 8 9 8 -1 11 12 12 7 11 12
EPS in Rs 8.18 8.69 7.59 8.05 9.14 8.09 -1.24 11.25 11.20 11.19 6.38 10.87 11.61
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
6 9 9 12 22 44 61 85 105 122 132 155 149
4 7 6 8 13 20 32 51 53 67 66 65 57
Operating Profit 1 2 3 4 9 24 29 34 52 56 66 90 92
OPM % 26% 19% 37% 34% 39% 54% 48% 40% 50% 45% 50% 58% 62%
0 0 0 0 0 0 3 2 2 1 3 2 7
Interest 0 0 1 1 2 3 5 8 7 6 10 14 19
Depreciation 0 0 1 1 2 3 3 4 6 7 16 22 20
Profit before tax 1 1 1 2 5 18 24 24 42 43 42 57 60
Tax % 37% 38% 32% 40% 37% 34% 28% 23% 31% 24% 42% 27%
Net Profit 1 1 1 1 3 12 17 18 29 33 24 41 42
EPS in Rs 21.33 24.00 33.33 1.19 3.30 11.82 16.69 18.20 28.20 32.53 24.03 39.48 40.05
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 5% 9% 2% 0% 3%
Compounded Sales Growth
10 Years: 33%
5 Years: 21%
3 Years: 14%
TTM: 6%
Compounded Profit Growth
10 Years: 50%
5 Years: 20%
3 Years: 13%
TTM: 40%
Stock Price CAGR
10 Years: %
5 Years: 0%
3 Years: -5%
1 Year: -15%
Return on Equity
10 Years: 27%
5 Years: 26%
3 Years: 24%
Last Year: 25%

Balance Sheet

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Sep 2022
2 2 2 6 8 8 10 10 10 10 10 10 10
Reserves 1 2 3 4 15 27 42 60 87 117 133 178 202
4 2 9 11 13 27 61 61 58 44 93 118 158
4 4 5 5 8 22 26 29 49 74 77 55 67
Total Liabilities 11 10 20 27 44 84 138 160 204 245 314 361 437
1 2 5 10 20 39 68 86 101 126 196 256 312
CWIP 0 0 1 2 2 4 6 5 11 14 19 12 6
Investments 0 0 0 1 1 1 1 1 0 0 0 0 1
10 8 14 13 20 39 64 67 92 105 98 92 119
Total Assets 11 10 20 27 44 84 138 160 204 245 314 361 437

Cash Flows

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
0 2 -2 3 4 2 -1 33 40 59 60 47
-1 -0 -4 -9 -11 -11 -27 -21 -27 -36 -45 -74
1 -1 6 6 7 13 28 -12 -12 -18 -18 27
Net Cash Flow -0 -0 -0 0 -0 4 0 -0 1 4 -3 0

Ratios

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 101 42 69 74 45 92 78 51 56 80 74 63
Inventory Days 816 147 168 9 15 14 22 13 25 43
Days Payable 1,320 290 528 68 53 82 189 278 299 104
Cash Conversion Cycle -404 -101 -290 74 45 33 40 -17 -111 -185 -199 2
Working Capital Days 295 78 28 20 55 29 116 58 64 8 48 91
ROCE % 23% 23% 27% 17% 25% 43% 33% 26% 34% 30% 26% 26%

Shareholding Pattern

Numbers in percentages

Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
49.63 49.63 49.69 49.69 49.69 49.69 49.69 48.97 48.13 48.13 48.13 48.13
50.37 50.37 50.31 50.31 50.31 50.31 50.31 51.03 51.87 51.87 51.87 51.86

Documents

Concalls