Black Box Ltd
AGC Networks Ltd. (AGC), incorporated in 1986 by Tata Telecom Pvt. Ltd. to manufacture telecommunication equipment. It is currently held by Essar Telecom Ltd. Over the years, AGC evolved into an information and communication (ICT) solutions provider and integrator with a differentiated vertical approach in business communication systems, applications and services mainly within India.The company is present at multiple geographies such as Middle East, Africa, North America, Australia, New Zealand, Singapore, Philippines and UK servicing over 8000+ customers. [1] [2]
- Market Cap ₹ 11,660 Cr.
- Current Price ₹ 694
- High / Low ₹ 716 / 210
- Stock P/E 53.4
- Book Value ₹ 37.9
- Dividend Yield 0.00 %
- ROCE 30.9 %
- ROE 42.5 %
- Face Value ₹ 2.00
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 31.9%
Cons
- Stock is trading at 18.3 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Tax rate seems low
- 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.
Peer comparison
Sector: IT - Software Industry: Computers - Software - Medium / Small
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,050 | 775 | 891 | 881 | 780 | 733 | 1,853 | 4,994 | 4,674 | 5,370 | 6,288 | 6,282 | 6,056 | |
1,051 | 966 | 867 | 876 | 747 | 700 | 1,806 | 4,666 | 4,310 | 5,112 | 6,014 | 5,855 | 5,570 | |
Operating Profit | -1 | -191 | 24 | 6 | 32 | 33 | 47 | 328 | 364 | 258 | 273 | 426 | 486 |
OPM % | -0% | -25% | 3% | 1% | 4% | 5% | 3% | 7% | 8% | 5% | 4% | 7% | 8% |
43 | -18 | 38 | 7 | 13 | 19 | -67 | -178 | -75 | 0 | -25 | -14 | -38 | |
Interest | 36 | 35 | 26 | 27 | 26 | 25 | 45 | 132 | 98 | 74 | 111 | 141 | 142 |
Depreciation | 16 | 40 | 18 | 8 | 7 | 8 | 15 | 92 | 96 | 99 | 107 | 114 | 112 |
Profit before tax | -10 | -285 | 18 | -22 | 13 | 19 | -79 | -73 | 96 | 86 | 29 | 156 | 193 |
Tax % | 121% | -1% | 16% | 55% | 18% | 22% | -1% | 10% | 19% | 15% | 20% | 12% | |
-22 | -282 | 15 | -35 | 10 | 15 | -79 | -80 | 78 | 73 | 24 | 138 | 170 | |
EPS in Rs | -1.54 | -19.83 | 1.04 | -2.43 | 0.73 | 1.05 | -5.30 | -5.38 | 4.80 | 4.43 | 1.41 | 8.19 | 10.11 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 23% |
5 Years: | 28% |
3 Years: | 10% |
TTM: | -7% |
Compounded Profit Growth | |
---|---|
10 Years: | 10% |
5 Years: | 76% |
3 Years: | 5% |
TTM: | 67% |
Stock Price CAGR | |
---|---|
10 Years: | 45% |
5 Years: | 93% |
3 Years: | 59% |
1 Year: | 171% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 32% |
Last Year: | 43% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
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 | 28 | 28 | 28 | 28 | 28 | 28 | 30 | 30 | 33 | 33 | 34 | 34 | 34 |
Reserves | 277 | 46 | 58 | 25 | 41 | 47 | -11 | -206 | 174 | 228 | 262 | 447 | 603 |
319 | 238 | 161 | 177 | 173 | 158 | 808 | 596 | 328 | 481 | 628 | 712 | 721 | |
579 | 521 | 385 | 393 | 346 | 346 | 1,605 | 1,886 | 1,768 | 1,911 | 2,078 | 1,584 | 1,624 | |
Total Liabilities | 1,203 | 833 | 633 | 623 | 589 | 580 | 2,432 | 2,306 | 2,303 | 2,652 | 3,002 | 2,777 | 2,981 |
129 | 117 | 90 | 109 | 111 | 114 | 399 | 557 | 622 | 732 | 794 | 808 | 811 | |
CWIP | 0 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 30 | 32 | 32 |
1,074 | 713 | 543 | 514 | 478 | 467 | 2,032 | 1,749 | 1,681 | 1,920 | 2,175 | 1,937 | 2,137 | |
Total Assets | 1,203 | 833 | 633 | 623 | 589 | 580 | 2,432 | 2,306 | 2,303 | 2,652 | 3,002 | 2,777 | 2,981 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-61 | 106 | 28 | 29 | 4 | 52 | -72 | 1,137 | 303 | 95 | 13 | 134 | |
-65 | -3 | 77 | -21 | -4 | -5 | -360 | -382 | 15 | -108 | -56 | 35 | |
128 | -115 | -100 | -10 | -11 | -54 | 629 | -645 | -277 | -43 | -58 | -155 | |
Net Cash Flow | 2 | -12 | 5 | -2 | -10 | -7 | 197 | 110 | 41 | -55 | -102 | 14 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 | 199 | 138 | 101 | 90 | 97 | 104 | 170 | 26 | 19 | 25 | 24 | 22 |
Inventory Days | 89 | 94 | 25 | 23 | 24 | 47 | 88 | 33 | 35 | 47 | 65 | 50 |
Days Payable | 224 | 262 | 187 | 184 | 187 | 209 | 324 | 133 | 122 | 210 | 208 | 142 |
Cash Conversion Cycle | 64 | -30 | -60 | -71 | -66 | -59 | -65 | -73 | -68 | -137 | -118 | -69 |
Working Capital Days | 110 | 1 | 19 | 6 | 19 | 29 | 36 | -36 | -34 | -19 | -7 | 7 |
ROCE % | 5% | -45% | 4% | 1% | 12% | 13% | 7% | 39% | 58% | 26% | 20% | 31% |
Documents
Announcements
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Cancellation Of Schedule Of Analyst / Institutional Investor Meetings
11 Dec - Cancellation of Analyst/Investor Meetings on December 12, 2024.
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Announcement under Regulation 30 (LODR)-Allotment
9 Dec - Allotment of 4,61,626 equity shares after warrant conversion.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
5 Dec - Schedule of analyst meetings on December 12-13, 2024.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
18 Nov - Schedule of Analyst/Institutional Investor meetings.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
14 Nov - Dear Sir/Madam, Pursuant to Regulation 30 of SEBI (LODR) Reg., 2015, please find enclosed herewith the transcript of the earnings call hosted on November 11, …
Annual reports
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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 nse
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Financial Year 2011
from bse
Concalls
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Nov 2024Transcript PPT REC
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Aug 2024Transcript PPT
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Jun 2024Transcript PPT
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT
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Aug 2023Transcript PPT REC
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Jun 2023Transcript PPT
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Feb 2023Transcript PPT
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Nov 2022Transcript PPT
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Aug 2022Transcript PPT
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Jun 2022TranscriptNotesPPT
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Feb 2022TranscriptNotesPPT
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Nov 2021TranscriptNotesPPT
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Aug 2021TranscriptNotesPPT
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Aug 2021TranscriptNotesPPT
Business Segments FY24
System Integration (86%): Offerings under this segment include Unified Communication, Data Center & Edge IT, Cyber Security, Digital Solutions & Applications, and Seamless Customer Support and managed services.