Surana Telecom and Power Ltd

₹ 11.0 0.92%
02 Dec - close price
About

Surana Telecom and Power Limited is engaged in the business of manufacturing/ Trading of Solar related Products, Generation of Solar Power and Wind Power. [1]

Key Points

History
The Co was incorporated in 1989 as Surana Petro Products Private Limited and was engaged in the business of manufacturing of Petro Products such as Petroleum Jelly and Telecom products such as Jointing Kits. In 1994, the Company ventured into the Telecom sector with the production of Optic Fibre Cables. In 2007 the Company diversified into the power sector with the manufacturing of low tension and high tension power cables and setting up of 1.25 MW wind power generation facility. In order to reflect the diversity, the name of the Company was again changed to “Surana Telecom and Power Limited”. [1]

  • Market Cap 149 Cr.
  • Current Price 11.0
  • High / Low 18.0 / 7.95
  • Stock P/E 11.9
  • Book Value 9.42
  • Dividend Yield 0.00 %
  • ROCE 7.72 %
  • ROE 5.94 %
  • Face Value 1.00

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 1.16 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of -3.38% over past five years.
  • Company has a low return on equity of 3.84% over last 3 years.
  • Earnings include an other income of Rs.10.0 Cr.
  • Debtor days have increased from 101 to 145 days.
  • Working capital days have increased from 60.1 days to 155 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.

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

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
6.68 5.92 8.03 6.98 5.05 9.42 8.18 7.16 5.16 8.63 8.49 8.58 5.08
2.73 2.00 4.29 2.42 1.85 2.85 3.66 1.45 1.72 2.60 3.88 2.90 2.59
Operating Profit 3.95 3.92 3.74 4.56 3.20 6.57 4.52 5.71 3.44 6.03 4.61 5.68 2.49
OPM % 59.13% 66.22% 46.58% 65.33% 63.37% 69.75% 55.26% 79.75% 66.67% 69.87% 54.30% 66.20% 49.02%
5.92 1.15 0.58 0.89 0.43 0.16 0.52 1.82 0.35 0.29 1.42 7.71 0.60
Interest 1.16 1.24 0.89 1.47 0.83 1.42 1.12 1.07 0.94 0.92 0.75 0.50 0.37
Depreciation 4.20 2.75 3.11 2.49 2.39 4.01 3.10 2.69 2.70 2.69 2.70 2.44 2.44
Profit before tax 4.51 1.08 0.32 1.49 0.41 1.30 0.82 3.77 0.15 2.71 2.58 10.45 0.28
Tax % 22.62% -9.26% -100.00% 24.16% 31.71% 20.77% -17.07% 16.45% 20.00% 16.61% 7.36% 16.56% 17.86%
Net Profit 3.49 1.18 0.63 1.13 0.28 1.03 0.96 3.15 0.12 2.26 2.38 8.72 0.23
EPS in Rs 0.26 0.12 0.04 0.11 0.03 0.08 0.05 0.16 0.02 0.14 0.17 0.60 0.02
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

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
61 11 22 30 18 26 35 35 36 29 29 29 31
71 9 12 19 6 12 17 14 12 11 10 9 12
Operating Profit -10 2 10 11 12 13 18 21 24 18 19 20 19
OPM % -17% 15% 47% 36% 69% 52% 52% 59% 67% 62% 65% 68% 61%
15 2 5 2 1 1 1 2 1 8 2 4 10
Interest 1 0 4 4 4 5 6 7 5 5 4 4 3
Depreciation 2 3 10 8 8 8 11 14 13 13 12 11 10
Profit before tax 1 0 2 1 2 2 3 2 7 8 4 9 16
Tax % 12% -39% 8% -9% 18% 18% 18% 24% 15% 13% 15% 14%
Net Profit 1 1 2 1 2 1 2 2 6 7 3 8 14
EPS in Rs 0.11 0.07 0.15 0.07 0.15 0.12 0.15 0.14 0.42 0.51 0.25 0.58 0.93
Dividend Payout % 89% 153% 83% 178% 82% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 11%
5 Years: -3%
3 Years: -6%
TTM: 3%
Compounded Profit Growth
10 Years: 45%
5 Years: 33%
3 Years: 6%
TTM: 216%
Stock Price CAGR
10 Years: 12%
5 Years: 13%
3 Years: 48%
1 Year: 37%
Return on Equity
10 Years: 3%
5 Years: 4%
3 Years: 4%
Last Year: 6%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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
10 10 10 10 10 10 26 14 14 14 14 14 14
Reserves 56 51 51 50 49 51 73 81 85 89 97 104 114
9 28 32 35 114 119 126 55 48 45 45 25 8
18 21 10 14 16 21 44 12 14 12 17 15 23
Total Liabilities 93 110 102 109 190 201 257 161 160 158 171 158 158
29 74 68 62 75 69 198 105 94 85 89 79 74
CWIP 19 4 0 19 0 86 10 14 15 15 14 14 14
Investments 13 11 11 11 10 10 17 25 23 20 24 24 34
31 21 23 18 104 36 32 18 29 38 44 42 37
Total Assets 93 110 102 109 190 201 257 161 160 158 171 158 158

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
4 15 -1 19 -72 88 36 20 28 12 16 14
-1 -34 3 -20 -2 -87 -48 -5 -18 -0 -14 8
-1 17 -2 0 75 -1 13 -15 -12 -11 -1 -23
Net Cash Flow 1 -1 1 -1 1 -1 1 1 -2 1 1 -1

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 54 113 137 36 62 59 59 28 52 65 93 145
Inventory Days 37 66 151 88 2,014 896 411 177 0 236
Days Payable 58 716 296 163 746 666 1,029 10 573
Cash Conversion Cycle 33 -536 -8 -39 1,330 290 -558 195 52 -272 93 145
Working Capital Days 69 -62 36 -66 1,568 87 -176 0 -57 -63 88 155
ROCE % 3% 0% 5% 5% 4% 4% 4% 5% 8% 5% 6% 8%

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
75.00 75.00 75.00 75.00 75.00 75.00 75.00 75.00 75.00 74.77 74.77 74.75
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01
0.53 0.52 0.52 0.52 0.52 0.05 0.05 0.05 0.05 0.05 0.05 0.04
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.09
24.47 24.48 24.48 24.48 24.48 24.95 24.95 24.95 24.95 25.18 25.18 25.10

* The XBRL reporting format changed from Sep'2022 onwards. The new format added details about banks and foreign portfolio investors. These were not available earlier.
The sudden increase in FII or DII might be because of these changes.

Please click on the line-items to see the names of individual entities.

Documents