Ortel Communications Ltd Q3 FY18 Share Price & Earnings Call Analysis

Financials of Ortel Communications Ltd

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Ortel Communications Ltd

Quarterly Results

Quarter-by-quarter operating performance

Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021
Sales +31.3531.5625.4222.2421.3022.9321.4120.6618.1818.7916.3214.6810.47
Expenses +32.1835.9223.4526.5026.4625.9722.4923.1015.6817.0817.1017.1813.72
Operating Profit-0.83-4.361.97-4.26-5.16-3.04-1.08-2.442.501.71-0.78-2.50-3.25
OPM %-2.65%-13.81%7.75%-19.15%-24.23%-13.26%-5.04%-11.81%13.75%9.10%-4.78%-17.03%-31.04%
Other Income +1.300.730.602.510.711.090.770.451.47-0.100.860.500.13
Interest6.886.808.13-0.770.000.000.000.000.000.000.000.000.00
Depreciation7.077.197.126.466.526.566.566.526.436.466.436.306.19
Profit before tax-13.48-17.62-12.68-7.44-10.97-8.51-6.87-8.51-2.46-4.85-6.35-8.30-9.31
Tax %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Net Profit +-13.48-17.62-12.68-7.44-10.97-8.51-6.87-8.51-2.46-4.85-6.35-8.30-9.31
EPS in Rs-4.09-5.34-3.85-2.26-3.33-2.58-2.08-2.58-0.75-1.47-1.93-2.52-2.82

Financials of Ortel Communications Ltd

Profit & Loss

Annual income statement trend

Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021TTM
Sales +7595119120128155188203184111876860
Expenses +5875849799113139157146117986765
Operating Profit172035223042494738-7-111-5
OPM %23%21%29%19%23%27%26%23%20%-6%-12%1%-8%
Other Income +7322-0693-774231
Interest12202725232224272921000
Depreciation12182222201919242728262625
Profit before tax1-14-12-23-14715-1-95-51-35-22-29
Tax %0%0%0%0%0%21%20%0%0%0%0%0%
Net Profit +1-14-12-23-14612-1-95-51-35-22-29
EPS in Rs0.38-6.13-5.21-9.79-5.921.843.93-0.23-31.28-15.54-10.57-6.66-8.74
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%0%

Financials of Ortel Communications Ltd

Balance Sheet

Capital structure and asset base

Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Equity Capital172323232330303030333333
Reserves4443210-179710984-10-53-88-110
Borrowings +155167167149158145172174200230230230
Other Liabilities +4958678176102139213250235229214
Total Liabilities225293289263240374450502471445404366
Fixed Assets +176219242226197205268355364357331299
CWIP1618115512603230221513
Investments000000022222
Other Assets +325537313815712211475635653
Total Assets225293289263240374450502471445404366

Financials of Ortel Communications Ltd

Cash Flows

Operating, investing and financing cash movement

Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Cash from Operating Activity +2428415148663248382733
Cash from Investing Activity +-49-62-36-16-20-38-122-26-41-14-4-3
Cash from Financing Activity +1252-27-42-17814-213-1200
Net Cash Flow-1218-22-712109-851-01-00
Free Cash Flow-20-2912433433-91-011898
CFO/OP146%140%117%234%167%162%76%106%97%-463%-40%-32%

Financials of Ortel Communications Ltd

Ratios

Working capital efficiency and return ratios

Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Debtor Days3525413451436111547456283
Inventory Days
Days Payable
Cash Conversion Cycle3525413451436111547456283
Working Capital Days-65-79-90-159-173-249-198-306-541-879-1,125-1,415
ROCE %7%3%7%1%8%14%13%9%5%-14%-18%-13%