BSE:523411

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ADC India Communications

Executive Summary

ADC India Communications Limited provides network infrastructure products and services in India.


Snowflake Analysis

Flawless balance sheet second-rate dividend payer.

Share Price & News

How has ADC India Communications's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 523411's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

1.9%

523411

7.4%

IN Communications

7.4%

IN Market


1 Year Return

-42.8%

523411

-31.2%

IN Communications

-17.6%

IN Market

Return vs Industry: 523411 underperformed the Indian Communications industry which returned -30.3% over the past year.

Return vs Market: 523411 underperformed the Indian Market which returned -18.2% over the past year.


Shareholder returns

523411IndustryMarket
7 Day1.9%7.4%7.4%
30 Day2.6%9.1%6.7%
90 Day-19.6%7.1%-11.1%
1 Year-41.6%-42.8%-30.5%-31.2%-16.0%-17.6%
3 Year-41.1%-49.0%-20.2%-21.5%-5.4%-10.4%
5 Year-48.4%-55.9%111.9%104.2%19.3%8.0%

Price Volatility Vs. Market

How volatile is ADC India Communications's share price compared to the market and industry in the last 5 years?


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Valuation

Is ADC India Communications undervalued compared to its fair value and its price relative to the market?

14.9x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 523411 (₹123) is trading above our estimate of fair value (₹19.86)

Significantly Below Fair Value: 523411 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 523411 is good value based on its PE Ratio (14.9x) compared to the Communications industry average (18.2x).

PE vs Market: 523411 is poor value based on its PE Ratio (14.9x) compared to the Indian market (10.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 523411's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 523411 is overvalued based on its PB Ratio (1.4x) compared to the IN Communications industry average (0.8x).


Next Steps

Future Growth

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

28.2%

Forecasted Tech industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as ADC India Communications has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

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

-1.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 523411 has high quality earnings.

Growing Profit Margin: 523411's current net profit margins (4.9%) are lower than last year (6.8%).


Past Earnings Growth Analysis

Earnings Trend: 523411's earnings have declined by -1.4% per year over the past 5 years.

Accelerating Growth: 523411's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 523411 had negative earnings growth (-35.1%) over the past year, making it difficult to compare to the Communications industry average (-22.5%).


Return on Equity

High ROE: 523411's Return on Equity (9.5%) is considered low.


Next Steps

Financial Health

How is ADC India Communications's financial position?


Financial Position Analysis

Short Term Liabilities: 523411's short term assets (₹458.8M) exceed its short term liabilities (₹142.4M).

Long Term Liabilities: 523411's short term assets (₹458.8M) exceed its long term liabilities (₹5.3M).


Debt to Equity History and Analysis

Debt Level: 523411 is debt free.

Reducing Debt: 523411 had no debt 5 years ago.

Debt Coverage: 523411 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 523411 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

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

1.63%

Current Dividend Yield


Upcoming Dividend Payment


Dividend Yield vs Market

Notable Dividend: 523411's dividend (1.63%) is higher than the bottom 25% of dividend payers in the Indian market (0.83%).

High Dividend: 523411's dividend (1.63%) is low compared to the top 25% of dividend payers in the Indian market (3.4%).


Stability and Growth of Payments

Stable Dividend: 523411's dividend payments have been volatile in the past 10 years.

Growing Dividend: 523411's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (24.2%), 523411's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.8yrs

Average board tenure


CEO

J. Mylaraiah (46yo)

6.75yrs

Tenure

₹7,018,000

Compensation

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 ...


CEO Compensation Analysis

Compensation vs Market: J.'s total compensation ($USD93.51K) is above average for companies of similar size in the Indian market ($USD50.26K).

Compensation vs Earnings: J.'s compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
J. Mylaraiah
MD & Director6.75yrs₹7.02mno data
Revathy Ashok
Independent Director8.83yrs₹630.00kno data
Samu Devarajan
Independent Chairman6.75yrs₹665.00kno data
Ravi Rebello
Nominee Director2.83yrsno datano data

6.8yrs

Average Tenure

Experienced Board: 523411's board of directors are considered experienced (6.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

ADC India Communications Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: ADC India Communications Limited
  • Ticker: 523411
  • Exchange: BSE
  • Founded: 1988
  • Industry: Communications Equipment
  • Sector: Tech
  • Market Cap: ₹598.000m
  • Shares outstanding: 4.60m
  • Website: https://www.adckcl.com

Number of Employees


Location

  • ADC India Communications Limited
  • # 485/8A & 8B, Peenya Industrial Area
  • 14th Cross
  • Bengaluru
  • Karnataka
  • 560058
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
523411BSE (Mumbai Stock Exchange)YesEquity SharesININRJul 1994

Biography

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, and fiber plug-and-play solutions for data center applications. In addition, it provides carrier networks solutions, such as 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. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/03 12:52
End of Day Share Price2020/06/03 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


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.