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ADC India Communications

BSE:523411
Snowflake Description

Flawless balance sheet with proven track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
523411
BSE
₹1B
Market Cap
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Last updated 2019/05/25 12:41
Company description

ADC India Communications Limited provides network infrastructure products and services in India. The last earnings update was 103 days ago. More info.

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523411 Share Price and Events
7 Day Returns
3.9%
BSE:523411
8.8%
IN Communications
4.1%
IN Market
1 Year Returns
20.7%
BSE:523411
-23.6%
IN Communications
0.1%
IN Market
523411 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
ADC India Communications (523411) 3.9% -2.2% 7.6% 20.7% -7.8% 54.5%
IN Communications 8.8% -3.3% -9.9% -23.6% 128.3% 207%
IN Market 4.1% -0.5% 7.6% 0.1% 35.2% 47.8%
1 Year Return vs Industry and Market
  • 523411 outperformed the Communications industry which returned -23.6% over the past year.
  • 523411 outperformed the Market in India which returned 0.1% over the past year.
Price Volatility
523411
Industry
5yr Volatility vs Market

Value

 Is ADC India Communications undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of ADC India Communications to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for ADC India Communications.

BSE:523411 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 16.6%
Perpetual Growth Rate 10-Year IN Government Bond Rate 7.6%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BSE:523411
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IN Govt Bond Rate 7.6%
Equity Risk Premium S&P Global 8.6%
Communications Unlevered Beta Simply Wall St/ S&P Global 1.08
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.076 (1 + (1- 35%) (0%)) 		1.051
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)		 1.05
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (1.051 * 8.6%) 		16.59%

Discounted Cash Flow Calculation for BSE:523411 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for ADC India Communications is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

BSE:523411 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (INR, Millions) Source Present Value
Discounted (@ 16.59%)
2019 11.29 Est @ 15.01% 9.68
2020 12.73 Est @ 12.78% 9.36
2021 14.15 Est @ 11.21% 8.93
2022 15.59 Est @ 10.11% 8.44
2023 17.04 Est @ 9.34% 7.91
2024 18.54 Est @ 8.8% 7.38
2025 20.11 Est @ 8.43% 6.87
2026 21.75 Est @ 8.16% 6.37
2027 23.48 Est @ 7.98% 5.90
2028 25.33 Est @ 7.85% 5.46
Present value of next 10 years cash flows ₹76.30
BSE:523411 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= ₹25.33 × (1 + 7.55%) ÷ (16.59% – 7.55%) 		₹301.32
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ₹301.32 ÷ (1 + 16.59%)10 		₹64.93
BSE:523411 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ₹76.30 + ₹64.93 		₹141.22
Equity Value per Share
(INR)		 = Total value / Shares Outstanding
= ₹141.22 / 4.60 		₹30.7
BSE:523411 Discount to Share Price
Calculation Result
Value per share (INR) From above. ₹30.70
Current discount Discount to share price of ₹232.95
= -1 x (₹232.95 - ₹30.70) / ₹30.70 		-658.8%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of ADC India Communications is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for ADC India Communications's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are ADC India Communications's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:523411 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in INR ₹12.96
BSE:523411 Share Price ** BSE (2019-05-24) in INR ₹232.95
India Communications Industry PE Ratio Median Figure of 13 Publicly-Listed Communications Companies 11.87x
India Market PE Ratio Median Figure of 2,781 Publicly-Listed Companies 15.78x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of ADC India Communications.

BSE:523411 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:523411 Share Price ÷ EPS (both in INR)

= 232.95 ÷ 12.96

 17.97x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • ADC India Communications is overvalued based on earnings compared to the IN Communications industry average.
  • ADC India Communications is overvalued based on earnings compared to the India market.
Price based on expected Growth
Does ADC India Communications's expected growth come at a high price?
Raw Data
BSE:523411 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 17.97x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts		 8.9%per year
India Communications Industry PEG Ratio Median Figure of 5 Publicly-Listed Communications Companies 0.84x
India Market PEG Ratio Median Figure of 559 Publicly-Listed Companies 1.34x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for ADC India Communications, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on ADC India Communications's assets?
Raw Data
BSE:523411 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in INR ₹101.32
BSE:523411 Share Price * BSE (2019-05-24) in INR ₹232.95
India Communications Industry PB Ratio Median Figure of 18 Publicly-Listed Communications Companies 1.41x
India Market PB Ratio Median Figure of 3,644 Publicly-Listed Companies 1.06x
BSE:523411 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:523411 Share Price ÷ Book Value per Share (both in INR)

= 232.95 ÷ 101.32

 2.3x

* Primary Listing of ADC India Communications.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • ADC India Communications is overvalued based on assets compared to the IN Communications industry average.
X
Value checks
We assess ADC India Communications's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Communications industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Communications industry average (and greater than 0)? (1 check)
    5. ADC India Communications has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is ADC India Communications expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover ADC India Communications, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
8.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is ADC India Communications expected to grow at an attractive rate?
  • ADC India Communications's earnings growth is expected to exceed the low risk savings rate of 7.6%.
Growth vs Market Checks
  • ADC India Communications's earnings growth is positive but not above the India market average.
  • Unable to compare ADC India Communications's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BSE:523411 Future Growth Rates Data Sources
Data Point Source Value (per year)
BSE:523411 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 8.9%
India Communications Industry Earnings Growth Rate Market Cap Weighted Average 17.2%
India Communications Industry Revenue Growth Rate Market Cap Weighted Average 18.2%
India Market Earnings Growth Rate Market Cap Weighted Average 16.9%
India Market Revenue Growth Rate Market Cap Weighted Average 10.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BSE:523411 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BSE:523411 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-12-31 815 60
2018-09-30 737 48
2018-06-30 680 42
2018-03-31 648 4 35
2017-09-30 629 33
2017-06-30 624 36
2017-03-31 595 30 39
2016-09-30 606 52
2016-06-30 615 58
2016-03-31 582 32 52

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • ADC India Communications's earnings are expected to grow by 8.9% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if ADC India Communications is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BSE:523411 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from ADC India Communications Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:523411 Past Financials Data
Date (Data in INR Millions) EPS *
2018-12-31 12.96
2018-09-30 10.45
2018-06-30 9.22
2018-03-31 7.69
2017-09-30 7.26
2017-06-30 7.84
2017-03-31 8.44
2016-09-30 11.32
2016-06-30 12.54
2016-03-31 11.34

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if ADC India Communications will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess ADC India Communications's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
ADC India Communications has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has ADC India Communications performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare ADC India Communications's growth in the last year to its industry (Communications).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • ADC India Communications's year on year earnings growth rate has been positive over the past 5 years.
  • ADC India Communications's 1-year earnings growth exceeds its 5-year average (73.4% vs 4.8%)
  • ADC India Communications's earnings growth has exceeded the IN Communications industry average in the past year (73.4% vs 70.9%).
Earnings and Revenue History
ADC India Communications's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from ADC India Communications Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:523411 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 815.34 59.64 45.32
2018-09-30 736.95 48.06 41.84
2018-06-30 680.29 42.41 41.79
2018-03-31 647.56 35.37 42.67
2017-09-30 629.18 33.39 44.07
2017-06-30 623.92 36.06 43.41
2017-03-31 595.24 38.83 42.88
2016-09-30 606.46 52.03 39.29
2016-06-30 614.63 57.57 39.27
2016-03-31 581.93 52.17 39.67
2015-12-31 559.48 47.77 107.48
2015-09-30 582.28 48.27 107.38
2015-06-30 572.28 48.17 106.48
2015-03-31 578.08 49.77 36.08
2014-12-31 567.66 49.34 101.51
2014-09-30 538.06 43.54 98.21
2014-06-30 510.46 38.14 95.51
2014-03-31 485.06 33.14 91.81
2013-12-31 461.15 12.63 94.28
2013-09-30 405.85 -11.27 95.88
2013-06-30 380.05 -17.87 95.58
2013-03-31 389.35 -60.57 101.48
2012-12-31 244.51 -79.63 103.88
2012-09-30 310.81 -51.43 122.28
2012-06-30 407.21 -40.53 118.18

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • ADC India Communications has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • ADC India Communications used its assets less efficiently than the IN Communications industry average last year based on Return on Assets.
  • ADC India Communications has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
Show me more strong past performing companies in the Communications industry
X
Past performance checks
We assess ADC India Communications's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Communications industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
ADC India Communications has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is ADC India Communications's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up ADC India Communications's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • ADC India Communications is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • ADC India Communications's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of ADC India Communications's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • ADC India Communications has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from ADC India Communications Company Filings, last reported 4 months ago.

BSE:523411 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 466.07 0.00 340.47
2018-09-30 466.07 0.00 340.47
2018-06-30 461.19 0.00 298.38
2018-03-31 461.19 0.00 298.38
2017-09-30 439.95 0.00 273.97
2017-06-30 443.14 0.00 295.86
2017-03-31 443.09 0.00 295.86
2016-09-30
2016-06-30 404.39 0.00 264.24
2016-03-31 404.39 0.00 264.24
2015-12-31 384.90 0.00 249.90
2015-09-30 384.90 0.00 249.90
2015-06-30 366.06 0.00 356.10
2015-03-31 366.06 0.00 356.10
2014-12-31 503.50 0.00 320.80
2014-09-30 503.50 0.00 320.80
2014-06-30 483.13 0.00 304.96
2014-03-31 483.13 0.00 304.96
2013-12-31 473.50 0.00 234.20
2013-09-30 473.50 0.00 234.20
2013-06-30 463.44 0.00 196.36
2013-03-31 463.44 0.00 196.36
2012-12-31
2012-09-30
2012-06-30 532.08 0.00 254.46
  • ADC India Communications has no debt.
  • ADC India Communications has not taken on any debt in the past 5 years.
  • ADC India Communications has no debt, it does not need to be covered by operating cash flow.
  • ADC India Communications has no debt, therefore coverage of interest payments is not a concern.
Show me more healthy companies in the Communications industry
X
Financial health checks
We assess ADC India Communications's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
    7. ADC India Communications has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is ADC India Communications's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.72%
Current annual income from ADC India Communications dividends.
If you bought ₹2,000 of ADC India Communications shares you are expected to receive ₹34 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • ADC India Communications's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.53%).
  • ADC India Communications's dividend is below the markets top 25% of dividend payers in India (1.98%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BSE:523411 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Communications Industry Average Dividend Yield Market Cap Weighted Average of 9 Stocks 1.4%
India Market Average Dividend Yield Market Cap Weighted Average of 1407 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 2%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BSE:523411 Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2018-05-23 4.000 1.924
2017-07-31 3.000 1.348
2017-05-16 3.000 1.251
2016-07-15 2.500 0.921
2016-05-26 2.500 1.030
2015-05-29 1.000 0.358
2015-05-11 1.000 0.350
2014-08-25 2.500 1.087
2013-07-23 1.500 1.141
2013-05-29 1.500 1.189
2012-05-04 0.500 0.357
2011-11-03 1.500 1.170
2010-11-18 1.500 1.174
2009-11-30 1.500 1.101

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • ADC India Communications has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Dividend payments have increased, but ADC India Communications only paid a dividend in the past 9 years.
Current Payout to shareholders
What portion of ADC India Communications's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3.2x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess ADC India Communications's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can ADC India Communications afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
    7. ADC India Communications has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of ADC India Communications's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
J. Mylaraiah
COMPENSATION ₹7,019,000
AGE 45
TENURE AS CEO 5.7 years
CEO Bio

Mr. J. N. Mylaraiah has been Managing Director and Director at ADC India Communications Ltd since September 6, 2013. Mr. Mylaraiah has a wealth of experience in the areas of telecom and enterprise networks with hands on experience in Sales, Pre-Sales, Marketing and Product management. From 1996 to 2004 he worked at M/s. Network Solutions as Regional Support Head-South handling LAN services/Cisco VOIP Projects/Nortel Installation. Since 2004 he has held various positions of increasing responsibility in TE Connectivity India Private Ltd (Earlier known as Tyco Electronics Ltd). His last role was as Country Manager – Technical & Marketing and was supporting TE’s key accounts in India. Mr. Mylaraiah holds a bachelor’s degree in Mechanical Engineering and Executive General Management from Indian Institute of Management, Bangalore.

CEO Compensation
  • J.'s compensation has been consistent with company performance over the past year, both up more than 20%.
  • J.'s remuneration is higher than average for companies of similar size in India.
Management Team

J. Mylaraiah

TITLE
MD & Director
COMPENSATION
₹7M
AGE
45
TENURE
5.7 yrs

Rakesh Bhanushali

TITLE
Chief Financial Officer
TENURE
4.8 yrs

R. Ganesh

TITLE
Compliance Officer
Board of Directors Tenure

Average tenure of the ADC India Communications board of directors in years:

5.7
Average Tenure
  • The tenure for the ADC India Communications board of directors is about average.
Board of Directors

Dev Devarajan

TITLE
Chairman
COMPENSATION
₹570K
TENURE
5.7 yrs

J. Mylaraiah

TITLE
MD & Director
COMPENSATION
₹7M
AGE
45
TENURE
5.7 yrs

Revathy Ashok

TITLE
Independent Director
COMPENSATION
₹540K
AGE
59
TENURE
7.8 yrs

Ravi Rebello

TITLE
Nominee Director
TENURE
1.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess ADC India Communications's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
    5. ADC India Communications has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

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BSE:523411 Historical Dividend Yield Jun 6th 18 UFO Moviez India Limited (BSE:539141) 539141 has a wholesome dividend yield of 3.64% and the company currently pays out 55.33% of its profits as dividends , with analysts expecting this ratio to be 56.00% in the next three years. … BSE:539141 Historical Dividend Yield Jun 6th 18 Nucleus Software Exports Limited (BSE:531209) 531209 has a good-sized dividend yield of 2.34% and the company currently pays out 39.08% of its profits as dividends. … BSE:531209 Historical Dividend Yield Jun 6th 18 For more solid dividend paying companies to add to your portfolio, explore this interactive list of top dividend payers.

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Company Info

Description

ADC India Communications Limited provides network infrastructure products and services in India. The company operates through Telecommunication and IT – Networking segments. It provides copper and fiber physical connectivity in telecommunications and data networking solutions. The company also offers enterprise solutions, such as structured cabling solutions, fiber solutions, local area network solutions, and fiber plug-and-play solutions for data center applications. In addition, it provides carrier networks solutions, such as legacy KRONE copper connectivity, copper and fiber connectivity, and FTTX solutions; and broadcast and entertainment solutions, including audio, video, fiber, and connector products, as well as modular systems. Further, the company offers solutions for wireless service providers, including InterReach spectrum and fusion multi-band in-building distributed antenna systems (DAS); InterReach unison single-band in-building DAS; FlexWave prism DAS/compact radio heads; and ClearGain cell site amplifiers tower and ground-mounted amplifiers. The company was incorporated in 1988 and is headquartered in Bengaluru, India. ADC India Communications Limited is a subsidiary of CommScope Connectivity LLC.

Details
Name: ADC India Communications Limited
523411
Exchange: BSE
Founded: 1988
₹1,071,570,000
4,600,000
Website: http://www.adckcl.com
Address: ADC India Communications Limited
# 485/8A & 8B, Peenya Industrial Area,
14th Cross,
Bengaluru,
Karnataka, 560058,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 523411 Equity Shares Mumbai Stock Exchange IN INR 05. Jul 1994
Number of employees
Current staff
Staff numbers
23
ADC India Communications employees.
Industry
Communications Equipment
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/25 12:41
End of day share price update: 2019/05/24 00:00
Last earnings filing: 2019/02/11
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

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