VALIANT COMMUNICATIONS LTD (526775) - STOCK OF THE WEEK

Dear Investors, Today I am expressing my view on one Telecom equipment product company.

VALIANT COMMUNICATIONS LTD (526775)

Valiant Communications is an ISO 9001:2008, ISO 14001:2004 and ISO 10002:2004 company mainly in the manufacturing of transmission and communications equipment. Company’s installations are product solutions are worldwide with over 100 countries. Communications and Time & Frequency Synchronization solutions are offered for all types of SCADA networks that include Power Utilities, Oil & Gas, Railways and Metro Rail Communications, Airport Communications and Mobile Backhaul.

SOLUTIONS & PRODUCTS

Solutions for Power, SCADA and Other Utilities

Valiant's equipment is being currently being used by some of these prestigious reference customers who include ABB Norway, APTRANSCO (AP) India, Basin Electric Power Cooperative, BHEL India, Brazos Electric Power USA, Delhi Transco (NCR) India, EGAT Thailand, Electrica Transilvania Romania, Hanoi Power Vietnam, GETCO (Gujarat Energy Transmission Corporation Limited) India, Larsen & Toubro India, Nepal Electricity Authority, Power Grid Corporation of India, Siemens Indonesia, Siemens India, Siemens UAE, Sulaymaniyah Power Station Iraq, Tampa Electric Company USA, Turkish Electricity Company (TEIAS), Transelectrica Romania, VietNam Electricity (EVN) Vietnam, WAPA (Western Area Power) USA to name a few prestigious customers.

Communication Products includes:

• SDH Multiplexers: STM-1, STM-4 and STM-16.
• STM-16 / 64 SDH Multiplexers : VCL-1400, STM-16 / 64 SDH Multiplexer.
• PDH Multiplexers: Voice and Data Multiplexers with 1+1 Control Card, E1 Card and Voice and Data Card level protection (1+1 Channel Level Protection @ 64Kbps).
• Teleprotection Equipment: IEEE C37.94, IP/MPLS, E1 G.703, 64Kbps G.703 co-directional, E1 2.048Mbps, IEC-61850 GOOSE.
• Packet-Optical Multiplexes: May be used to Gigabit Ethernet as well as legacy voice and data channels from a single unified chassis.

And many more.

Railways and Metro Network Communication solutions

Company offers wide range of Modern Railways and Metro Networks communications and synchronization solutions.

• Comprehensive Range of Products
• Complete Communications and Synchronization Package from a single vendor
• No interconnect or interoperability issues
• 
  

Time and Frequency Synchronization Products include followings:

• GPS Primary Reference Clocks
• GPS NTP Servers
• Sub-Master Clocks
• Station Time Display Clocks

Industrial Grade Router and Firewall Equipment (Encryption and Firewall for Railways / Metro Rail):

• Industrial Grade Router and Firewall
• Industrial Grade Encryption and Firewall Equipment

 Airport Communications

Airport Communications and control centres use wide range of communications systems including voice, high speed data, low speed data (asynchronous and synchronous), Ethernet.

Valiant Communications offers wide range of Airport Communications equipment including PTP IEEE-1588v2 Synchronization solutions, GPS Primary Reference Clocks, NTP Servers, E1 PDH Multiplexers with low speed data (asynchronous and synchronous) for Radar and Air Traffic Control communications, 1+1 Protection Switching equipment for critical network redundancy.

Valiant has successful equipment installations at various international and regional airports including in India, (Delhi and Mumbai international airports) Turkey, Vietnam (Hanoi and HCMC), Sri Lanka, Thailand, Dubai International airport, Bangladesh (Air Force), South Africa (Air Force) Jordan (Air Force).

Mobile Backhaul

Valiant offer a wide range of communication solutions for Mobile and Cellular networks.

Customers using Valiant manufactured equipment include Telefónica Spain, British Telecom, France Telecom, Cable & Wireless, Etisalat (UAE, Nigeria, Afghanistan) Harris, CapRock, Mobifone Vietnam, Celltel Malaysia, PT. INDOSAT Indonesia, Alestra - ATT Mexico, BSNL India, Bharti Airtel India etc.

Solutions include TDM over Ethernet/IP/MPLS solutions, Hi-Z Grooming and Monitoring solutions, GPS Primary Reference Clocks, PTP IEEE-1588v2 Synchronization solutions, NTP Servers, 1+1 Protection Switching equipment for network redundancy.

Company offers complete Design, Manufacture, Installation Services for Mobile and Cellular communication networks.

Oil & Gas Solutions

Valiant offers a wide range of communication solutions for Oil & Gas networks. Solutions include SDH Multiplexers, MPLS Trasport Solutions, Packet-Optical, IP Multiplexers, PDH Multiplexers, GPS synchronization solutions (nano second accurancy) including GPS Primary Reference Clock (G.811), PTP Grandmaster 1588v2, NTP Servers, 1+1 Protection Switching equipment for network redundancy, IP/Ethernet backbone technologies, SCADA, Monitoring and Surveillance, Video & CCTV, Analog Voice FXO/FXS/E&M, Hotline, LAN, Emergency Alarm systems, VoIP services etc.

Major customers in this fields are :

• ADMA, Abu Dhabi Oil
• TECO / Peoples Gas, Tampa, Fl.
• ZADCO
• Brunei Shell Petroleum, Brunei
• Petronas Cargili, Malaysia
• Qatar Gas, Qatar
• ENI Saipem

Company website: Clickhere

FINANCIALS AND OUTLOOK

Company shares are trading in BSE. Promoter holding in company 42.1%

Company posted 4.94 Cr top line in June Qtr.

Net profit is 0.23 Cr bottom-line in June Qtr.

ZERO DEBT COMPANY

Stock is trading at par PE compared to industry & its major peers.

Stock is trading at Rs 69

Company is mainly engaged in the business manufacturing and solutions providers in various Telecommunications segments of  in Oil & Gas, Railways, Airports etc. Currently stock and the sector is in verge of huge up move due to Modernisation and digitalization. Railway and Airport modernisation is huge positive for the company. Company growth is in a good track and reflected in the performance of the company top line growth over QOQ basis.

Considering above and performance of the company stock will catch the momentum, rerate and will give handsome returns to the investors in near future.

NOTE : THE ABOVE IS NOT A RESEARCH REPORT NOR A RECOMMENDATION  BUT INFORMATION AS AVAILABLE ON PUBLIC DOMAIN. 

Registration status with SEBI: I am not registered with SEBI under the (Research Analyst) regulations 2014 and as per clarifications provided by SEBI: “Any person who makes recommendation or offers an opinion concerning securities or public offers only through public media is not required to obtain registration as research analyst under RA Regulations”