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Vindhya Telelinks Financial Results: Turnover Down 13%, PAT down 28%

Vindhya Telelinks Ltd. [NSE: VINDHYATEL, BOM: 517015], an Indian cable manufacturer, has announced its 4th quarter and annual financial results for the FY22.

Comparison of Vindhya Telelinks’ Consolidated Financials

Vindhya Telelinks Ltd.’s Financial Results: Q4 FY-21 vs Q4 FY-22 & FY-21 vs FY-22

Comparison of Vindhya Telelinks’ Financials: Q4 FY-21 vs Q4 FY-22 vs Q3 FY-22

Vindhya Telelinks reported a total income of Rs 370.07 crore for the fourth quarter of 2021-2022. This is a 33.91% decrease from Rs 559.95 crore income during Q4 of the previous fiscal.

YoY comparison of Q4 PAT reveals a decrease of 51.68% to Rs 56.07 crore in FY-22 from Rs 116.04 crore clocked during FY-21.

Comparison of Vindhya Telelinks’ Financials: FY-21 vs FY-22

Speaking of the entire financial year, total income of the company for FY-22 was Rs 1354.96 crore against Rs 1557.37 crore for FY-21. This reflects a 12.99% decrease YoY.

The company’s PAT during FY-22 was Rs 193.28 crore, which is a 28.43% slump from Rs 270.08 crore profit recorded for FY-21.

QoQ Comparison of Vindhya Telelinks’ Financials: Q3 FY-22 vs Q4 FY-22

Vindhya Telelinks’ total revenue for the fourth quarter went up by 19.52% to Rs 370.07 crore from Rs 309.60 crore in Q3 FY-22.

The company’s Profit After Tax also increased by 63.12% to Rs 56.06 crore from Rs 34.37 crore during the period from Q3 to Q4 of FY-22.

Vindhya Telelinks’ Consolidated Segment-Wise Revenue

Revenue in Rs. Cr.

Vindhya Telelinks’ Segment-wise Revenue Comparison: Q4 FY21 vs Q4 FY22 vs Q3 FY-22 & FY21 vs FY22

Cables: The cables segment of the Vindhya Telelinks’ business contributed Rs 149.87 crore to its Q4 FY22 revenue and Rs 560.25 crore during the entire fiscal FY-22. YoY comparison of Q4 revenue from cable segment shows a 41.56% drop from Rs 256.49 crore recorded for Q4 of FY-21. The comparison of cable segment revenue for the entire year shows an increase of 16.25% in FY-22 from Rs 481.93 crore during FY-21.

QoQ comparison reveals an increase of 53.49% from Rs 97.64 crore registered for the quarter ended 31st December 2021 to the company’s announced Q4 cable revenue figure.

EPC: Vindhya Telelinks’ Engineering Procurement and Construction (EPC) business contributed Rs 215.70 crore revenue during Q4 of FY-22. In the entire FY-22 fiscal, this segment brought the company a revenue of Rs 859.41 crore. YoY, Q4 revenue from the company’s EPC business fell by 40.91% from Rs 365.06 crore for Q4 of FY-21. For the entire FY22, EPC revenue went down by 22.11% from Rs 1,103.48 crore reported for the year ended 31st March 2021.

From Q3 to Q4 of FY-22, EPC revenue saw a meagre increment of 1.55% from Rs 212.39 crore to Rs 215.70 crore.

About Vindhya Telelinks Ltd.: Vindhya Telelinks was formed as a Public-Private venture between Universal Cables Limited and the Madhya Pradesh State Industrial Development Corporation Limited. The company commenced production from its plant at Rewa, Madhya Pradesh in 1986. Vindhya Telelinks Ltd., which is a member of the MP Birla Group, manufactures a wide variety of cables including Fibre Optic Cables, Copper Cables, Power Cables, Solar Cables and Telecom Fibre Accessories. The company also has a sizeable EPC portfolio.