Kavveri Telecom Products Ltd
Incorporated in 1996, Kavveri Telecom Products Limited is engaged in design, development and manufacture of Radio Frequency products and antennae for telecom, defense and space applications in India and abroad.
- Market Cap ₹ 23.3 Cr.
- Current Price ₹ 11.6
- High / Low ₹ 18.0 / 4.40
- Stock P/E 0.73
- Book Value ₹ 28.4
- Dividend Yield 0.00 %
- ROCE 25.0 %
- ROE 103 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.41 times its book value
- Company has delivered good profit growth of 25.5% CAGR over last 5 years
Cons
- The company has delivered a poor sales growth of -28.1% over past five years.
- Promoter holding is low: 15.1%
- Company has a low return on equity of -1.70% over last 3 years.
- Contingent liabilities of Rs.272 Cr.
- Promoters have pledged 34.5% of their holding.
- Earnings include an other income of Rs.240 Cr.
- Company has high debtors of 219 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
454 | 239 | 170 | 52 | 41 | 25 | 15 | 6 | 5 | 4 | 6 | 3 | 2 | |
384 | 256 | 177 | 39 | 35 | 24 | 27 | 7 | 5 | 6 | 7 | 209 | 210 | |
Operating Profit | 71 | -17 | -7 | 13 | 5 | 1 | -12 | -1 | -1 | -2 | -1 | -206 | -208 |
OPM % | 16% | -7% | -4% | 25% | 13% | 4% | -84% | -18% | -12% | -41% | -20% | -7,317% | -10,487% |
18 | 17 | 11 | -2 | 4 | 6 | 1 | -3 | 1 | 1 | 1 | 239 | 240 | |
Interest | 15 | 24 | 24 | 27 | 25 | 20 | 20 | 13 | 13 | 13 | 14 | 0 | 0 |
Depreciation | 9 | 12 | 15 | 20 | 20 | 18 | 16 | 4 | 3 | 3 | 2 | 0 | -1 |
Profit before tax | 64 | -35 | -35 | -37 | -35 | -31 | -47 | -21 | -16 | -17 | -15 | 32 | 33 |
Tax % | 25% | -22% | -8% | -3% | -0% | -0% | 37% | 104% | -8% | 3% | -17% | 3% | |
48 | -43 | -38 | -38 | -35 | -32 | -30 | 1 | -18 | -16 | -18 | 31 | 32 | |
EPS in Rs | 23.89 | -20.82 | -18.75 | -18.79 | -17.52 | -15.66 | -14.77 | 0.38 | -8.78 | -8.16 | -8.99 | 15.65 | 15.99 |
Dividend Payout % | 17% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | -36% |
5 Years: | -28% |
3 Years: | -15% |
TTM: | -68% |
Compounded Profit Growth | |
---|---|
10 Years: | 11% |
5 Years: | 26% |
3 Years: | 57% |
TTM: | 564% |
Stock Price CAGR | |
---|---|
10 Years: | -2% |
5 Years: | 18% |
3 Years: | 84% |
1 Year: | 155% |
Return on Equity | |
---|---|
10 Years: | -27% |
5 Years: | -11% |
3 Years: | -2% |
Last Year: | 103% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 |
Reserves | 286 | 188 | 151 | 93 | 58 | 33 | 3 | 18 | -4 | 9 | -8 | 32 | 37 |
152 | 214 | 193 | 237 | 278 | 295 | 267 | 230 | 235 | 207 | 210 | 0 | 4 | |
159 | 176 | 234 | 235 | 276 | 295 | 201 | 85 | 104 | 49 | 53 | 27 | 26 | |
Total Liabilities | 617 | 599 | 598 | 585 | 632 | 643 | 491 | 353 | 355 | 285 | 275 | 79 | 87 |
180 | 225 | 231 | 237 | 218 | 200 | 182 | 26 | 23 | 7 | 5 | 2 | 2 | |
CWIP | 82 | 35 | 16 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 |
Investments | 0 | 5 | 6 | 6 | 6 | 6 | 6 | 0 | 0 | 0 | 0 | 21 | 21 |
355 | 334 | 345 | 342 | 407 | 437 | 303 | 326 | 331 | 277 | 269 | 56 | 64 | |
Total Assets | 617 | 599 | 598 | 585 | 632 | 643 | 491 | 353 | 355 | 285 | 275 | 79 | 87 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
69 | -46 | 104 | -2 | -28 | 17 | 15 | -26 | 30 | -11 | 24 | -19 | |
-92 | -11 | -2 | -11 | 3 | 0 | 2 | 1 | -21 | 19 | -6 | 43 | |
27 | 51 | -101 | 14 | 23 | -13 | -16 | 24 | -9 | -11 | -18 | -24 | |
Net Cash Flow | 4 | -6 | 1 | 2 | -2 | 4 | 1 | -1 | 0 | -3 | -0 | -0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 140 | 140 | 155 | 558 | 950 | 1,343 | 2,627 | 3,468 | 4,293 | 3,432 | 3,244 | 219 |
Inventory Days | 88 | 166 | 248 | 4,106 | 2,509 | 5,761 | 13,846 | 13,885 | 19,047 | 9,302 | 7,075 | 358 |
Days Payable | 57 | 177 | 393 | 5,907 | 4,637 | 9,806 | 14,524 | 6,137 | 8,482 | 2,110 | 1,837 | 2,292 |
Cash Conversion Cycle | 171 | 130 | 10 | -1,243 | -1,178 | -2,703 | 1,949 | 11,217 | 14,857 | 10,624 | 8,481 | -1,715 |
Working Capital Days | 162 | 233 | 107 | 294 | 706 | 713 | 2,469 | 11,022 | 10,624 | 12,706 | 8,428 | -36 |
ROCE % | 20% | -3% | -3% | -0% | -3% | -4% | -9% | -1% | -1% | -1% | -1% | 25% |
Documents
Announcements
- Board Meeting Outcome for Resignation Of CS Ankita Chowdhary, From (Membership No. A36224) From Position Of Company Secretary And Compliance Officer 9h
- Closure of Trading Window 2d
- Board Meeting Intimation for Board Meeting Notice 20 Mar
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Submission Of PCS Compliance Certificate On SDD Compliance
15 Mar - Submission of PCS Compliance Certificate - Reg. 3(5) and 3 (6) of SEBI (PIT) Regulation 2015
- Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer 1 Mar
Annual reports
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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 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2010
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Financial Year 2009
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Financial Year 2008
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Product Profile:[1]
a) Antennas: Base Station Antennas, Microwave Antennas, Broadband In-building Antennas & other customized design Antennas.
b) RF Components: Co-Location Interference Filters, Duplexers, Combiners, Diplexers, Triplexers
c) Capacity Enhancers: Tower Mount Amplifier, Tower Mount Booster, MCPA
d) Coverage Products: Multi-band Antennas, Power Splitters, Couplers, Repeaters
e) Coverage Solutions: Microcell Based Solutions, Neutral Host BOL Solutions, Repeater Based Solutions
f) RF line products: Feeder Cables, Connectors, Installation products