Vindhya Telelinks Ltd
Vindhya Telelinks Ltd, an MP Birla Group company, manufactures telecom, railway, solar and specialty cables and FRP products at Rewa. It also executes EPC projects across telecom, power, water, irrigation, sewerage, solar and system integration, operates an IP-1 fibre network and holds material investments in group associates. [1]
- Market Cap ₹ 3,242 Cr.
- Current Price ₹ 2,736
- High / Low ₹ 2,999 / 960
- Stock P/E 37.7
- Book Value ₹ 1,364
- Dividend Yield 0.22 %
- ROCE 8.15 %
- ROE 3.80 %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of 8.12% over last 3 years.
- Dividend payout has been low at 13.8% of profits over last 3 years
- Company has high debtors of 213 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 652 | 984 | 998 | 1,343 | 2,095 | 1,883 | 1,502 | 1,324 | 2,900 | 4,088 | 4,054 | 3,566 | 3,269 | |
| Sales growth | +54% | +51% | +1% | +35% | +56% | -10% | -20% | -12% | +119% | +41% | -1% | -12% | -21% |
| 553 | 815 | 869 | 1,165 | 1,756 | 1,623 | 1,292 | 1,164 | 2,619 | 3,792 | 3,795 | 3,348 | 2,990 | |
| Operating Profit | 99 | 169 | 129 | 177 | 340 | 260 | 210 | 160 | 281 | 297 | 259 | 218 | 279 |
| OPM % | 15% | 17% | 13% | 13% | 16% | 14% | 14% | 12% | 10% | 7% | 6% | 6% | 9% |
| 10 | 13 | 18 | 9 | 13 | 19 | 24 | 31 | 14 | 22 | 18 | 19 | 20 | |
| Interest | 34 | 53 | 41 | 47 | 76 | 97 | 78 | 57 | 73 | 88 | 102 | 148 | 163 |
| Depreciation | 10 | 13 | 13 | 13 | 20 | 21 | 23 | 22 | 18 | 24 | 23 | 21 | 26 |
| Profit before tax | 65 | 116 | 94 | 126 | 257 | 161 | 132 | 112 | 204 | 206 | 152 | 68 | 111 |
| Tax % | 11% | 33% | 30% | 34% | 34% | 21% | 22% | 24% | 24% | 25% | 24% | 23% | |
| 58 | 77 | 66 | 83 | 169 | 127 | 104 | 85 | 154 | 155 | 115 | 53 | 86 | |
| EPS in Rs | 48.81 | 65.27 | 55.39 | 70.32 | 142.32 | 107.08 | 87.39 | 71.40 | 130.20 | 130.84 | 97.44 | 44.55 | 72.65 |
| Dividend Payout % | 10% | 9% | 13% | 14% | 8% | 9% | 11% | 14% | 12% | 11% | 16% | 13% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 19% |
| 3 Years: | 7% |
| TTM: | -21% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -4% |
| 5 Years: | -13% |
| 3 Years: | -30% |
| TTM: | -27% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 15% |
| 5 Years: | 19% |
| 3 Years: | 3% |
| 1 Year: | 100% |
| Return on Equity | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 9% |
| 3 Years: | 8% |
| Last Year: | 4% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 |
| Reserves | 282 | 356 | 430 | 517 | 719 | 766 | 874 | 997 | 1,125 | 1,315 | 1,367 | 1,389 | 1,604 |
| 302 | 317 | 276 | 471 | 832 | 892 | 733 | 571 | 668 | 493 | 1,132 | 1,399 | 1,488 | |
| 212 | 258 | 457 | 618 | 1,047 | 935 | 807 | 546 | 1,292 | 1,498 | 1,568 | 1,792 | 1,606 | |
| Total Liabilities | 808 | 942 | 1,175 | 1,618 | 2,609 | 2,605 | 2,426 | 2,127 | 3,096 | 3,317 | 4,079 | 4,592 | 4,710 |
| 68 | 78 | 72 | 85 | 129 | 117 | 141 | 111 | 108 | 158 | 133 | 154 | 168 | |
| CWIP | 0 | 0 | 16 | 5 | 0 | 19 | 0 | 1 | 24 | 1 | 1 | 5 | 1 |
| Investments | 118 | 140 | 153 | 166 | 220 | 150 | 166 | 222 | 204 | 265 | 214 | 197 | 358 |
| 622 | 725 | 934 | 1,362 | 2,260 | 2,320 | 2,120 | 1,794 | 2,760 | 2,893 | 3,731 | 4,236 | 4,184 | |
| Total Assets | 808 | 942 | 1,175 | 1,618 | 2,609 | 2,605 | 2,426 | 2,127 | 3,096 | 3,317 | 4,079 | 4,592 | 4,710 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -69 | 68 | 82 | -120 | -258 | 34 | 255 | 183 | 34 | 441 | -590 | -168 | |
| -21 | -35 | -12 | -27 | -30 | 15 | -3 | 38 | -30 | -41 | -5 | -22 | |
| 90 | -33 | -71 | 147 | 287 | -46 | -249 | -223 | 28 | -284 | 528 | 112 | |
| Net Cash Flow | -0 | 1 | -1 | 0 | -1 | 2 | 2 | -1 | 32 | 116 | -68 | -78 |
| Free Cash Flow | -89 | 69 | 70 | -157 | -312 | 2 | 227 | 170 | -0 | 392 | -607 | -216 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | -54% | 59% | 90% | -45% | -51% | 36% | 137% | 136% | 33% | 161% | -217% | -56% |
Ratios
Standalone / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 196 | 143 | 170 | 196 | 211 | 214 | 280 | 195 | 129 | 83 | 152 | 213 |
| Inventory Days | 92 | 105 | 915 | 850 | 2,354 | 559 | 776 | 907 | 2,000 | 685 | 623 | |
| Days Payable | 173 | 244 | 1,462 | 1,060 | 1,417 | 400 | 357 | 841 | 1,320 | 655 | 566 | |
| Cash Conversion Cycle | 115 | 4 | -377 | -14 | 211 | 1,151 | 439 | 615 | 196 | 763 | 182 | 269 |
| Working Capital Days | 102 | 73 | 96 | 95 | 121 | 153 | 192 | 230 | 136 | 87 | 98 | 125 |
| ROCE % | 19% | 27% | 19% | 20% | 26% | 16% | 13% | 11% | 16% | 16% | 12% | 8% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cable Segment PBIT Margin % of cable external revenue |
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| EPC Share of Total Revenue % of external revenue |
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| OFC Manufacturing Capacity lakh fibre km p.a. |
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| Order Book (Unexecuted) INR crore |
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| EPC Order Book - Energy Share % of total order book |
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| Optical Fiber Network Coverage number of states |
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| EPC Order Book - Water/Sanitation Share % of total order book |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
- Q2 FY27 PAT rose 82% to ₹57.8 crore; amalgamation of Birla Cable progressed at NCLT.
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Board Meeting Outcome for Submission Of Unaudited Standalone And Consolidated Financial Results Of The Company For The Quarter And Half Year Ended On 30Th September, 2026.
- Q2/H1 FY27 unaudited standalone and consolidated results approved on 4 Nov 2026; merger scheme received NSE/BSE observations.
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Submission Of Unaudited Standalone And Consolidated Financial Results Of The Company For The Quarter And Half Year Ended On 30Th September, 2026.
- Q2 FY27 unaudited standalone and consolidated results approved on 4 November 2026; merger scheme advanced to NCLT first motion.
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Board Meeting Intimation for Board Meeting Intimation To Consider And Take On Record The Unaudited Standalone And Consolidated Financial Results Of The Company For The Quarter And Half Year Ended On 30Th September, 2026.
- Board to meet on 4 Nov 2026 for Q2 and H1 FY2026-27 results; trading window closed until 6 Nov.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
- Newspaper Advertisement- Notice of Special Window for Transfer and Dematerialisation ('''' Demat'''' ) of Physical Securities.
Annual reports
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Annual Report 2026
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Annual Report 2025
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Annual Report 2024
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Annual Report 2023
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Annual Report 2022
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Annual Report 2021
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Annual Report 2020
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Annual Report 2019
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Annual Report 2018
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Annual Report 2017
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Annual Report 2016
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Annual Report 2015
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Annual Report 2014
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Annual Report 2013
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Annual Report 2012
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Business Segments
1. EPC Segment
EPC services cover telecom rollout and IP-1 infrastructure, power distribution and substations, water/Jal Jeevan Mission, irrigation, sewerage, solar plants, system integration and O&M. [1]