Valiant Communications Ltd

VALIANT

Watchlist

AI Mode

‌

Market Cap

₹ 941 Cr

P/E

68.75

‌

‌
‌

‌

‌
‌

Investment Checklist

How to read checklist?

Performance

MARKET LEADER

Valuation

OVERVALUED

Growth

STABLE

Profitability

HIGH MARGIN

Technicals

Bullish

Risk

MODERATE RISK

Investment Checklist

‌

‌
‌

‌

‌
‌

‌

‌
‌

‌

‌
‌

‌

‌
‌

‌

‌
‌

‌

Price

PE Ratio

Price

‌

Overview

Detailed Summary

Valiant Communications Limited specializes in manufacturing communication and cybersecurity equipment, operating installations across 110 countries.

The company faced a temporary drop in quarterly revenue due to delayed order intake but anticipates recovery backed by an all-time high order book.

Recently secured its largest-ever order from Tejas Networks, valued at INR 4,135 Lacs, which is expected to boost future revenues significantly.

Valiant's technology innovations include advanced PMUs and ransomware-resistant NAS data storage servers, reflecting a strong focus on emerging technologies within the utility sector.

Sector

Telecom Equipment & Infra Services

Industry

Telecommunications - Equipment - Medium / Small

Market Cap

941 Cr

Volatility

Low Risk

P/E Ratio

68.8

Industry P/E

58.7

PEG Ratio

1.3

P/B Ratio

13.1

52W High

860.00

52W Low

214.70

Sales CAGR

9.76%

59.91%

23.34%

10Y

15.75%

Profit CAGR

55.00%

—

10Y

52.65%

ROE

TTM

19.06%

11.95%

7.78%

10Y

5.21%

ROCE

TTM

24.86%

15.70%

10.28%

10Y

6.98%

Technicals

‌

Forecasts

Peers

Symbol	Price	Market Cap	P/E	P/B	Div Yield (%)	ROE (%)	ROCE (%)	ROA (%)
VALIANT	825.00	941 Cr	68.75	13.11	0.12	19.06	24.86	16.03
KRONECOMM	1271.95	585 Cr	32.40	7.60	2.36	23.45	31.03	17.25
PRECISIO	185.05	260 Cr	361.54	20.83	0.00	5.71	6.88	0.73
KAVDEFENCE	73.87	254 Cr	34.04	3.52	0.00	8.43	7.95	5.65
FROG	162.15	252 Cr	10.71	1.58	0.00	10.79	16.20	8.58
UMIYA-MRO	86.53	162 Cr	15.73	1.43	0.00	9.09	10.18	15.30
PUNJCOMMU	65.18	78 Cr	16.05	2.46	0.00	15.34	15.25	6.38

Financial Statements

AI Powered Summary

Discover detailed, AI-driven financial summaries that break down key metrics, trends, and insights—empowering you to make smarter investment decisions.

AI Mode

Consolidated Quarterly Results (in ₹ Crores)

View Standalone

Total Figures

QoQ Changes

Total Figures

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
Sales	9.66	11	12	13	14	13	8.36	16	18	20
Expenses	8.02	8.85	9.79	9.38	9.41	8.89	8.24	11	12	13
Operating Profit	1.64	2.25	2.48	3.93	4.25	3.83	0.12	5.59	6.31	6.93
OPM %	16.98	20.27	20.21	29.53	31.11	30.11	1.44	34.68	34.44	34.36
Other Income	0.13	0.18	0.06	0.07	0.56	0.56	0.00	0.68	0.63	0.83
Interest	0.04	0.04	0.04	0.04	0.05	0.04	0.05	0.07	0.04	0.05
Depreciation	0.54	0.55	0.56	0.62	0.61	0.66	0.66	0.69	0.67	0.70
Profit Before Tax	1.19	1.84	1.93	3.34	4.15	3.70	-0.60	5.51	6.22	7.01
Tax %	25.21	21.74	28.50	25.15	24.82	24.32	11.67	23.41	24.12	24.82
Net Profit	0.89	1.43	1.38	2.49	3.12	2.80	-0.53	4.22	4.72	5.27
EPS in Rs	0.78	1.26	1.21	2.27	2.73	2.45	-0.47	3.69	4.13	4.61

Consolidated Profit Loss (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	18	24	19	20	22	13	32	46	51	56
Expenses	16	20	17	19	20	16	27	36	37	40
Operating Profit	2.51	3.43	1.99	1.05	1.37	-3.16	4.28	10	14	16
OPM %	13.70	14.50	10.37	5.31	6.34	-23.97	13.59	22.18	27.10	28.55
Other Income	0.83	0.40	0.34	0.76	2.55	1.63	0.13	0.44	1.81	NaN
Interest	0.00	0.00	0.00	0.02	0.01	0.03	0.05	0.15	0.21	0.20
Depreciation	1.72	1.65	1.74	1.87	1.80	2.04	2.12	2.26	2.62	2.68
Profit Before Tax	0.88	1.95	0.58	-0.08	2.10	-3.61	2.24	8.30	13	15
Tax %	30.27	33.36	25.21	103.97	23.78	27.14	25.02	25.27	24.64	24.41
Net Profit	0.61	1.30	0.43	0.00	1.60	-2.63	1.68	6.20	9.61	11
EPS in Rs	—	—	0.38	0.01	1.40	-2.30	1.46	5.52	8.40	11.96
Dividend Payout %	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	11.90	—

Consolidated Balance Sheet (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	7.22	7.22	7.22	7.22	7.22	7.22	7.22	7.22	7.63	7.63
Reserves	22	23	24	24	24	27	24	26	44	54
Borrowings	0.00	0.00	0.00	0.00	0.13	0.07	0.12	1.82	1.84	2.06
Other Liabilities	2.41	2.43	3.76	2.82	3.15	2.71	3.38	5.25	4.72	8.28
Total Liabilities	32	32	35	34	35	37	34	40	58	72
Fixed Assets	7.01	6.60	6.95	6.62	6.57	6.22	7.04	9.05	9.62	10
CWIP	0.00	0.13	0.17	0.20	0.58	0.70	0.40	0.00	0.00	0.49
Investments	0.73	0.63	0.00	0.00	2.35	4.15	0.42	0.97	1.59	2.24
Other Assets	24	25	28	28	25	26	27	30	47	59
Total Assets	32	32	35	34	35	37	34	40	58	72

Consolidated Cash Flows (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity	-1.29	-2.98	4.09	1.45	2.43	1.51	-4.16	3.08	3.08	0.79
Cash from Investing Activity	-0.91	1.16	-3.64	0.90	-5.06	-0.35	3.97	-4.30	-3.14	-15
Cash from Financing Activity	0.00	0.00	0.00	0.05	0.00	0.00	0.00	1.65	13	-0.46
Net Cash Flow	-2.20	-1.82	0.45	2.40	-2.64	1.17	-0.19	0.42	12	-14

Shareholdings

Shareholding History

Quarterly

Yearly

Quarterly

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Oct 2025	Dec 2025
Promoters	46.38%	45.52%	45.52%	43.11%	42.71%	41.83%	41.83%	41.83%	41.83%	40.81%	40.70%	40.70%
FIIs	0.00%	0.00%	0.00%	0.16%	0.16%	0.16%	0.16%	0.16%	0.16%	0.85%	0.85%	0.85%
DIIs	0.00%	0.44%	0.98%	1.06%	0.80%	0.80%	0.00%	0.00%	0.61%	1.59%	1.59%	1.58%
Public	53.62%	54.03%	53.49%	55.67%	56.32%	57.21%	58.01%	58.01%	57.41%	56.76%	56.86%	56.86%
Total Shareholders	3,475	3,855	4,214	5,045	5,912	6,298	6,672	6,766	6,339	6,638	7,046	6,989

Market Transactions

Date	Party	Category	Type	Avg Price (₹)	Total Value (₹)	Quantity	Percent Traded
Aug 18, 2025	Radiant global fund-class b p...	Bulk	Buy	1,021.30	5.11 Cr	50,000	0.65
Feb 17, 2025	Ashish jain	Bulk	Sell	391.21	1.64 Cr	42,000	0.55
Aug 18, 2023	Varsha g	Insider - Employee	Disposal	263.21	0.20 Cr	7,724	0.10
Aug 18, 2023	Inder mohan sood	Insider - Promoter & Director	Disposal	263.35	1.63 Cr	61,865	0.85
Aug 17, 2023	Inder mohan sood	Bulk	Sell	263.35	1.63 Cr	61,865	0.81

Projection

Actions

Action Type

‌
‌

Announcements

Last 7 days

Newest

Sentiment

Sorry, no results found!

Documents

Presentations

Concalls

Reports

Presentations

Investor Presentation

Q3 FY25

Investor Presentation

Q3 FY25

AI Mode

Get instant AI-powered insights about company performance, financials, and strategy. Ask questions about trends, competition, and developments while receiving responses backed by official documents and market data, with clear attribution to source documents.

AI Mode

Peers

Symbol	Price	Market Cap	P/E	P/B	Div Yield (%)	ROE (%)	ROCE (%)	ROA (%)
VALIANT	825.00	941 Cr	68.75	13.11	0.12	19.06	24.86	16.03
KRONECOMM	1271.95	585 Cr	32.40	7.60	2.36	23.45	31.03	17.25
PRECISIO	185.05	260 Cr	361.54	20.83	0.00	5.71	6.88	0.73
KAVDEFENCE	73.87	254 Cr	34.04	3.52	0.00	8.43	7.95	5.65
FROG	162.15	252 Cr	10.71	1.58	0.00	10.79	16.20	8.58
UMIYA-MRO	86.53	162 Cr	15.73	1.43	0.00	9.09	10.18	15.30
PUNJCOMMU	65.18	78 Cr	16.05	2.46	0.00	15.34	15.25	6.38

Financial Statements

AI Powered Summary

Discover detailed, AI-driven financial summaries that break down key metrics, trends, and insights—empowering you to make smarter investment decisions.

AI Mode

Consolidated Quarterly Results (in ₹ Crores)

View Standalone

Total Figures

QoQ Changes

Total Figures

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
Sales	9.66	11	12	13	14	13	8.36	16	18	20
Expenses	8.02	8.85	9.79	9.38	9.41	8.89	8.24	11	12	13
Operating Profit	1.64	2.25	2.48	3.93	4.25	3.83	0.12	5.59	6.31	6.93
OPM %	16.98	20.27	20.21	29.53	31.11	30.11	1.44	34.68	34.44	34.36
Other Income	0.13	0.18	0.06	0.07	0.56	0.56	0.00	0.68	0.63	0.83
Interest	0.04	0.04	0.04	0.04	0.05	0.04	0.05	0.07	0.04	0.05
Depreciation	0.54	0.55	0.56	0.62	0.61	0.66	0.66	0.69	0.67	0.70
Profit Before Tax	1.19	1.84	1.93	3.34	4.15	3.70	-0.60	5.51	6.22	7.01
Tax %	25.21	21.74	28.50	25.15	24.82	24.32	11.67	23.41	24.12	24.82
Net Profit	0.89	1.43	1.38	2.49	3.12	2.80	-0.53	4.22	4.72	5.27
EPS in Rs	0.78	1.26	1.21	2.27	2.73	2.45	-0.47	3.69	4.13	4.61

Consolidated Profit Loss (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	18	24	19	20	22	13	32	46	51	56
Expenses	16	20	17	19	20	16	27	36	37	40
Operating Profit	2.51	3.43	1.99	1.05	1.37	-3.16	4.28	10	14	16
OPM %	13.70	14.50	10.37	5.31	6.34	-23.97	13.59	22.18	27.10	28.55
Other Income	0.83	0.40	0.34	0.76	2.55	1.63	0.13	0.44	1.81	NaN
Interest	0.00	0.00	0.00	0.02	0.01	0.03	0.05	0.15	0.21	0.20
Depreciation	1.72	1.65	1.74	1.87	1.80	2.04	2.12	2.26	2.62	2.68
Profit Before Tax	0.88	1.95	0.58	-0.08	2.10	-3.61	2.24	8.30	13	15
Tax %	30.27	33.36	25.21	103.97	23.78	27.14	25.02	25.27	24.64	24.41
Net Profit	0.61	1.30	0.43	0.00	1.60	-2.63	1.68	6.20	9.61	11
EPS in Rs	—	—	0.38	0.01	1.40	-2.30	1.46	5.52	8.40	11.96
Dividend Payout %	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	11.90	—

Consolidated Balance Sheet (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	7.22	7.22	7.22	7.22	7.22	7.22	7.22	7.22	7.63	7.63
Reserves	22	23	24	24	24	27	24	26	44	54
Borrowings	0.00	0.00	0.00	0.00	0.13	0.07	0.12	1.82	1.84	2.06
Other Liabilities	2.41	2.43	3.76	2.82	3.15	2.71	3.38	5.25	4.72	8.28
Total Liabilities	32	32	35	34	35	37	34	40	58	72
Fixed Assets	7.01	6.60	6.95	6.62	6.57	6.22	7.04	9.05	9.62	10
CWIP	0.00	0.13	0.17	0.20	0.58	0.70	0.40	0.00	0.00	0.49
Investments	0.73	0.63	0.00	0.00	2.35	4.15	0.42	0.97	1.59	2.24
Other Assets	24	25	28	28	25	26	27	30	47	59
Total Assets	32	32	35	34	35	37	34	40	58	72

Consolidated Cash Flows (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity	-1.29	-2.98	4.09	1.45	2.43	1.51	-4.16	3.08	3.08	0.79
Cash from Investing Activity	-0.91	1.16	-3.64	0.90	-5.06	-0.35	3.97	-4.30	-3.14	-15
Cash from Financing Activity	0.00	0.00	0.00	0.05	0.00	0.00	0.00	1.65	13	-0.46
Net Cash Flow	-2.20	-1.82	0.45	2.40	-2.64	1.17	-0.19	0.42	12	-14

Oscillators

BearishNeutralBullish

Neutral

Bearish

Neutral

Bullish

Overall

BearishNeutralBullish

Bullish

Bearish

Neutral

Bullish

Moving Averages

BearishNeutralBullish

Bullish

Bearish

Neutral

Bullish

Overall

BearishNeutralBullish

Bullish

Bearish

Neutral

Bullish

Overview

Detailed Summary

Valiant Communications Limited specializes in manufacturing communication and cybersecurity equipment, operating installations across 110 countries.

The company faced a temporary drop in quarterly revenue due to delayed order intake but anticipates recovery backed by an all-time high order book.

Recently secured its largest-ever order from Tejas Networks, valued at INR 4,135 Lacs, which is expected to boost future revenues significantly.

Valiant's technology innovations include advanced PMUs and ransomware-resistant NAS data storage servers, reflecting a strong focus on emerging technologies within the utility sector.

Sector

Telecom Equipment & Infra Services

Industry

Telecommunications - Equipment - Medium / Small

Market Cap

941 Cr

Volatility

Low Risk

P/E Ratio

68.8

Industry P/E

58.7

PEG Ratio

1.3

P/B Ratio

13.1

52W High

860.00

52W Low

214.70

Sales CAGR

9.76%

59.91%

23.34%

10Y

15.75%

Profit CAGR

55.00%

—

10Y

52.65%

ROE

TTM

19.06%

11.95%

7.78%

10Y

5.21%

ROCE

TTM

24.86%

15.70%

10.28%

10Y

6.98%