Vindhya Telelinks Ltd

Vindhya Telelinks Ltd

₹ 1,713 1.69%
10 Jun - close price
About

Vindhya Telelinks Ltd is engaged in manufacturing and sale of Cables (comprising of telecommunication cables, other types of wires & cables, FRP rods/ glass rovings, etc.) and Engineering, Procurement & Construction (EPC) business.[1]

Key Points

Business Segments

  • Market Cap 2,032 Cr.
  • Current Price 1,713
  • High / Low 3,233 / 1,155
  • Stock P/E 10.0
  • Book Value 3,448
  • Dividend Yield 0.88 %
  • ROCE 7.64 %
  • ROE 5.03 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.50 times its book value
  • Market value of investments Rs.3,953 Cr. is more than the Market Cap Rs.2,032 Cr.

Cons

  • Company has a low return on equity of 6.07% over last 3 years.
  • Earnings include an other income of Rs.136 Cr.
  • Dividend payout has been low at 8.41% of profits over last 3 years
  • Company has high debtors of 153 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

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
358 314 573 638 1,375 851 862 1,084 1,290 833 953 1,037 1,231
325 277 539 580 1,247 780 802 1,008 1,202 784 905 972 1,143
Operating Profit 33 37 34 58 128 71 60 75 88 49 48 65 88
OPM % 9% 12% 6% 9% 9% 8% 7% 7% 7% 6% 5% 6% 7%
60 31 9 1 40 33 28 46 87 15 12 19 98
Interest 13 13 18 16 26 20 22 23 24 18 24 26 33
Depreciation 4 4 4 5 5 5 6 7 6 6 6 6 6
Profit before tax 75 51 21 38 137 79 61 92 145 40 30 52 148
Tax % 25% 25% 16% 25% 26% 25% 23% 25% 25% 26% 19% 25% 26%
56 38 18 28 101 59 47 69 108 29 24 39 110
EPS in Rs 47.31 32.23 14.80 23.86 85.49 49.65 39.45 58.02 91.43 24.85 20.56 32.98 92.77
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
459 685 1,016 998 1,343 2,095 1,883 1,502 1,324 2,900 4,087 4,054
407 582 844 869 1,165 1,756 1,623 1,293 1,164 2,619 3,792 3,796
Operating Profit 52 102 172 128 177 339 260 209 160 281 295 259
OPM % 11% 15% 17% 13% 13% 16% 14% 14% 12% 10% 7% 6%
16 27 26 125 81 124 222 243 177 57 194 136
Interest 20 35 54 41 47 76 97 78 57 73 88 102
Depreciation 6 11 14 13 13 20 21 23 22 18 24 23
Profit before tax 41 84 130 200 198 367 364 350 258 247 377 270
Tax % 16% 11% 31% 15% 23% 25% 35% 23% 25% 25% 25% 25%
35 75 95 170 153 276 237 270 193 185 283 203
EPS in Rs 29.38 62.92 80.08 143.48 129.45 232.56 200.32 227.90 163.09 156.37 238.54 171.16
Dividend Payout % 7% 8% 7% 5% 8% 5% 5% 4% 1% 10% 6% 9%
Compounded Sales Growth
10 Years: 19%
5 Years: 17%
3 Years: 45%
TTM: -1%
Compounded Profit Growth
10 Years: 11%
5 Years: -3%
3 Years: 2%
TTM: -28%
Stock Price CAGR
10 Years: 10%
5 Years: 22%
3 Years: 24%
1 Year: -25%
Return on Equity
10 Years: 8%
5 Years: 7%
3 Years: 6%
Last Year: 5%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 12 12 12 12 12 12 12 12 12 12 12 12
Reserves 322 389 479 1,673 2,084 2,381 2,400 2,869 3,225 3,400 3,961 4,074
163 310 326 276 471 832 892 733 571 668 493 1,168
169 222 268 460 620 1,049 1,423 1,408 1,226 1,989 2,320 2,469
Total Liabilities 666 933 1,085 2,420 3,187 4,274 4,726 5,021 5,034 6,068 6,787 7,723
59 74 86 72 85 129 117 141 111 108 158 139
CWIP 5 1 0 16 5 0 19 0 1 24 1 1
Investments 166 165 201 1,349 1,686 1,805 2,180 2,645 3,013 3,060 3,618 3,650
435 694 798 984 1,411 2,340 2,410 2,236 1,910 2,877 3,010 3,933
Total Assets 666 933 1,085 2,420 3,187 4,274 4,726 5,021 5,034 6,068 6,787 7,723

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
-5 -114 71 83 -122 -292 30 247 183 34 441 -590
-32 -5 -36 -11 -25 5 20 3 38 -30 -41 6
34 118 -32 -72 147 287 -48 -249 -223 28 -284 528
Net Cash Flow -3 -1 3 -1 0 -1 2 0 -1 32 116 -57

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 219 192 142 170 196 211 214 280 195 129 83 153
Inventory Days 98 92 104 915 850 2,354 559 776 907 2,000 137
Days Payable 173 167 234 1,462 1,059 1,417 400 357 841 1,320 128
Cash Conversion Cycle 144 117 12 -377 -14 211 1,151 439 615 196 763 162
Working Capital Days 190 199 148 157 194 198 244 311 338 174 104 183
ROCE % 13% 19% 25% 17% 11% 15% 14% 12% 8% 8% 11% 8%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
43.54% 43.55% 43.55% 43.55% 43.55% 43.55% 43.55% 43.55% 43.55% 43.55% 43.55% 43.55%
1.01% 1.08% 1.25% 1.23% 1.52% 1.56% 1.60% 1.58% 1.55% 1.41% 1.47% 1.43%
9.22% 9.70% 9.82% 10.01% 10.13% 9.92% 9.73% 9.73% 9.67% 8.34% 8.26% 8.26%
46.23% 45.68% 45.37% 45.21% 44.80% 44.98% 45.12% 45.15% 45.23% 46.70% 46.74% 46.76%
No. of Shareholders 17,94615,66713,58813,15713,97214,76114,70815,49916,72420,00422,58423,812

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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