Tata Group Satcom operator serving enterprise, maritime, aviation and government customers in India.
Price
Market Cap
Sector
Information Technology
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 |
| Reserves | 43 | 53 | 66 | 82 | 101 | 105 | 106 | 106 |
| Borrowings | 121 | 90 | 81 | 63 | 57 | 53 | 72 | 73 |
| Other Liabilities | 93 | 72 | 93 | 95 | 102 | 107 | 109 | 146 |
| Total Liabilities | 280 | 238 | 263 | 262 | 282 | 287 | 309 | 347 |
| AssetsFixed Assets | 117 | 108 | 110 | 95 | 87 | 78 | 78 | 77 |
| CWIP | 3 | 4 | 3 | 1 | 10 | 9 | 10 | 41 |
| Investments | 0 | 0 | 0 | 0 | 4 | 4 | 4 | 4 |
| Other Assets | 160 | 126 | 150 | 165 | 181 | 197 | 218 | 225 |
| Total Assets | 280 | 238 | 263 | 262 | 282 | 287 | 309 | 347 |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 21 | 33 | 54 | 51 | 58 | 45 | 20 | 15 |
| Cash from Investing | -45 | -40 | -8 | -18 | -25 | -19 | -17 | -21 |
| Cash from Financing | 25 | 4 | -47 | -19 | -33 | -20 | -11 | 11 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | -25 | -15 | 45 | 33 | 33 | 29 | 3 | -6 |
| FCF Margin | — | — | — | — | — | — | — | — |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
NELCO · CYCLICAL_UNMODELABLE
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