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Swing Capital

Ortel Communications Ltd

NSE: ORTEL BSE: 539015Telecom

Incorporated in 1995, Ortel Communications Ltd provides cable television services and high speed broadband services

₹1.71
52W: ₹1.15 — ₹2.34
PE 0 · Book ₹23.4 · -93% vs book
Market Cap₹5.63 Cr
Stock P/E—Price to Earnings
ROCE13.4%Return on Capital
ROE0%Return on Equity
Div. Yield0%Face Value ₹10

Weaknesses

  • −Company has low interest coverage ratio.
  • −The company has delivered a poor sales growth of -18.4% over past five years.
  • −Contingent liabilities of Rs.21.3 Cr.
  • −Debtor days have increased from 63.2 to 82.5 days.

Shareholding Pattern

Promoters55.43%
FIIs8.42%
DIIs0.83%
Public34.97%
CategoryDec 2019Mar 2020Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021
Promoters55.43%55.43%55.43%55.43%55.43%55.43%55.43%55.43%
FIIs9.24%9.24%9.24%9.24%9.24%8.42%▼0.88.42%8.42%
DIIs0.85%0.84%▼0.00.84%0.84%0.84%0.83%▼0.00.83%0.83%
Public33.8%33.81%▲0.033.82%▲0.033.83%▲0.033.95%▲0.134.97%▲1.034.97%34.97%

Financial Statements

MetricMar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021
Sales22.2421.322.9321.4120.6618.1818.7916.3214.6810.47
Expenses26.526.4625.9722.4923.115.6817.0817.117.1813.72
Operating Profit-4.26-5.16-3.04-1.08-2.442.51.71-0.78-2.5-3.25
OPM %-19.15%-24.23%-13.26%-5.04%-11.81%13.75%9.1%-4.78%-17.03%-31.04%
Net Profit-7.44-10.97-8.51-6.87-8.51-2.46-4.85-6.35-8.3-9.31
EPS ₹-2.26-3.33-2.58-2.08-2.58-0.75-1.47-1.93-2.52-2.82

AI Insights

Revenue Trend

TTM revenue at ₹60Cr, down 11.8% YoY. OPM at -8%.

Debt Position

Borrowings at ₹230Cr. Debt-to-equity ratio: N/Ax. High leverage — monitor closely.

Capex Cycle

CWIP at ₹13Cr (4% of fixed assets). Moderate ongoing capital expenditure.

Institutional Flow

DIIs: 0.83% (-13.37pp change). FIIs: 8.42% (-0.82pp change). Promoters hold 55.43%.

Margin & Efficiency

ROCE declining from 7% (Mar 2010) to -13% (Mar 2021). Working capital days: -1415.

Recent Announcements