Valiant Communications Q4 FY26 Share Price & Earnings Call Analysis

₹1,550.20+2.80% today
Market cap
₹1,813 Cr
P/E
66.54
ROE
27.84%
PEG
0.49
Price to sales
19.71
Debt to equity
0.03
52W high / low
₹1,808 / ₹639
Sales growth (5Y)
31.38%
EBITDA margin
37.78%
Net profit margin
25.92%
Promoter holding
39.39%
Sales (last year)
₹92 Cr

Incorporated in 1993, Valiant Communications Ltd manufactures communication equipment, primarily for power utilities / other utilities and provides allied services[1]

Potential multibaggers · Q2 FY27

Potential multibaggers in Telecom - Equipment & Accessories
on management's own guidance

  1. Tejas NetworksGood growth
    2
  2. Sterlite Tech.Good growth
    1
  3. Frog InnovationsGood growth
    3

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Telecom - Equipment & Accessories companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
1Sterlite Tech.20–40%Up 2%+₹42,397 Cr56.6
2Tejas Networks20–40%Flat₹7,179 Cr—
3Frog Innovations20–40%Flat₹348 Cr—

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Valiant Communications announcements

All announcements →

Financials of Valiant Communications

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

Financials of Valiant Communications

Quarterly Results

Quarter-by-quarter operating performance

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales +9.039.369.6611.1012.2713.3113.6612.728.3616.1218.3220.1722.14
Expenses +7.537.678.028.859.809.399.418.888.2510.5312.0213.2414.44
Operating Profit1.501.691.642.252.473.924.253.840.115.596.306.937.70
OPM %16.61%18.06%16.98%20.27%20.13%29.45%31.11%30.19%1.32%34.68%34.39%34.36%34.78%
Other Income +0.030.030.130.180.060.070.560.560.000.680.630.831.25
Interest0.010.030.040.040.040.040.050.040.050.070.040.050.04
Depreciation0.480.610.540.550.560.620.610.660.660.690.670.700.72
Profit before tax1.041.081.191.841.933.334.153.70-0.605.516.227.018.19
Tax %28.85%18.52%25.21%21.74%29.02%25.23%24.82%24.32%-11.67%23.23%24.12%24.82%26.25%
Net Profit +0.740.880.891.431.382.493.122.80-0.534.224.725.276.05
EPS in Rs0.690.810.821.321.282.182.742.46-0.463.704.144.625.29

Financials of Valiant Communications

Profit & Loss

Annual income statement trend

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales +11121418231920221332465177
Expenses +11121316201719201627363750
Operating Profit-00123211-34101427
OPM %-0%0%8%10%14%11%6%7%-23%14%22%27%35%
Other Income +1111001320023
Interest0000000000000
Depreciation1122222222233
Profit before tax-0-00121-02-4281327
Tax %-20%-160%30%31%34%26%-89%24%-27%25%25%25%
Net Profit +-00011002-3261020
EPS in Rs-0.380.060.210.561.200.400.001.48-2.441.565.458.4317.75
Dividend Payout %0%0%0%0%0%0%0%0%0%0%12%

Financials of Valiant Communications

Balance Sheet

Capital structure and asset base

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital7777777777888
Reserves22222223242424272426445464
Borrowings +0000000002222
Other Liabilities +12224333355812
Total Liabilities31313232353435373440587285
Fixed Assets +6677777679101012
CWIP0000001100000
Investments1111002401222
Other Assets +24242425282825262730475971
Total Assets31313232353435373440587285

Financials of Valiant Communications

Cash Flows

Operating, investing and financing cash movement

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity +-02-1-34122-4331
Cash from Investing Activity +-1-0-11-41-5-04-4-3-15
Cash from Financing Activity +000000000213-0
Net Cash Flow-11-2-202-31-0012-14
Free Cash Flow-2-0-3-4200-0-6-10-3
CFO/OP1,267%3,440%-123%-160%142%92%223%73%122%74%48%30%

Financials of Valiant Communications

Ratios

Working capital efficiency and return ratios

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days9472132213187171144129834386142
Inventory Days581486505341190343345287837414246337
Days Payable43541035676657631102752179
Cash Conversion Cycle632504534497301449413385818382311400
Working Capital Days399320341341237295262249413185168222
ROCE %-2%-1%1%3%7%2%-1%1%-14%7%19%21%
95out of 100

Momentum score · price trend

95 out of 100 — Strengthening

Over the past year its share price has done better than most of the stocks we track.

PeriodShare price changeBetter than … of 1,908 stocks
Last 12 months+119.3%95%
Last 6 months+69.1%94%
Last 3 months+73.2%99%
How we calculate it

“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,908 Indian companies worth ₹500 Cr or more, with at least a year of prices).

The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Valiant Communications: 0.4 × 95 + 0.4 × 94 + 0.2 × 99 = 95.

Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.

Full methodology →

This describes only how the share price has moved up to 16 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.

What Valiant Communications's management said in earlier quarters

Others in Telecom - Equipment & Accessories this season

  • Sterlite Technologies (Q2 FY27)

    North America remains a key growth market, contributing 61% of H1 FY '27 revenue, with expansion also ongoing in Europe, India, and other geographies. Key…

  • Sterlite Technologies (Q2 FY26)

    115 crore, with future capex plans depending on demand. Key concall takeaways from Sterlite Technologies's Q2 FY26 earnings call — and how it ranks against sect

  • Optiemus Infracom (Q2 FY26)

    Standalone Q2 FY26 revenue: ₹25,136 lakhs, up 148% YoY from ₹10,155 lakhs (Page 6 & 4). Key investor presentation takeaways from Optiemus Infracom Ltd's Q2 FY26

  • Optiemus Infracom (Q3 FY26)

    Standalone Operating Revenue: ₹20,295 lakhs (up ₹5,770 lakhs, 39.72% YoY from ₹14,525 lakhs in Q3 FY25) . Key investor presentation takeaways from Optiemus Infr