BSE: 532975
TELOGICA LIMITED
Single-segment company operating in the telecom industry, classified under Telecom - Equipment & Accessories and previously named Aishwarya Technologies and Telecom Limited. The Telecom Industry segment accounted for 100% of segment revenue in the YTD period ending 30 September 2025. For FY26, the business reported revenue of Rs 32.39 crore and net profit of Rs 1.43 crore, with an EBITDA margin of 7.49%. The cost base is dominated by employee costs (15.4% of revenue) and other operating expenses (9.5%), with direct materials at just 0.3% of revenue. As of 31 March 2026, the business carried Rs 1,657.84 lakhs of inventory and Rs 2,096.21 lakhs of trade receivables, producing a negative operating cash flow of Rs 2,117.45 lakhs for the year. The company is listed on BSE and headquartered in Hyderabad, with the registered office recently moved within the city. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Telecom Industry (100%). Small, single-segment, working-capital-intensive telecom equipment and accessories business
Exhibit 1: Financial summary, FY19–FY20 (all audited; no estimate years)
| ₹ crore · consolidated | FY19 | FY20 |
|---|---|---|
| Revenue | 10 | 11 |
| EBITDA (ex other income) | (21) | (8) |
| margin % | (209.8) | (73.2) |
| Owners' profit | (14) | (7) |
| EPS, as reported (₹) | (6.12) | (2.77) |
| ROE % · ROCE % | (125.2) · (160.7) | (136.1) · (159.2) |
| Debt / equity (x) | 0.60 | 1.56 |
| Cash from operations | — | — |
| Capex | — | — |
Exhibit 2: Quarterly performance, last 7 quarters
| ₹ crore | Q4 FY19 | Q1 FY20 | Q3 FY20 | Q4 FY20 | Q1 FY21 | Q2 FY21 | Q3 FY21 |
|---|---|---|---|---|---|---|---|
| Revenue | 10 | 3 | 5 | 1 | 0 | 1 | 3 |
| Profit before tax | (20) | (1) | (1) | (6) | (2) | (1) | (1) |
| Net profit | (14) | (1) | (1) | (5) | (1) | (1) | (0) |
| EPS (₹) | (6.53) | (0.24) | (0.28) | (2.01) | (0.50) | (0.31) | (0.17) |
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| VALIANT COMMUNICATIONS LTD. | 1,830 | 62.8 | 18.96 | 51.5 | 25.0 | 32.6 | 31.4 | 47.6 |
| ADC INDIA COMMUNICATIONS LIMIT | 925 | 48.9 | 10.67 | — | 21.8 | 28.2 | — | 8.2 |
| PUNJAB COMMUNICATIONS LTD. | 56 | 18.8 | 1.84 | — | 9.8 | 9.5 | — | 5.2 |
| TELOGICA LIMITED ◆ | 47 | — | 15.56 | — | (64.4) | (86.5) | — | (13.0) |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/B | 15.6 | 4.5 | 20 of 21 | 5% |
| ROCE | (86.5) | 10.2 | 26 of 27 | 4% |
| ROE | (64.4) | 12.9 | 21 of 21 | 0% |
| Debt / Equity | 2.3 | 0.3 | 20 of 21 | 5% |
| EBITDA margin | (13.0) | 20.0 | 26 of 28 | 7% |
| Revenue growth | (51.1) | 9.6 | 28 of 29 | 4% |
| Profit growth | 38.3 | 36.6 | 14 of 28 | 52% |
| Market cap | 47 | 2339 | 26 of 30 | 14% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 13 Oct 2026 · Quarterly compliance filing, no dematerialization requests received | compliance | minimal | — | — |
| 28 Sept 2026 · Trading window closed from 1 Oct 2026 pending Q2 and H1 FY26 results | compliance | minimal | — | — |
| 27 Aug 2026 · Telogica 31st AGM voting results: all 4 resolutions passed with 100% approval | board shareholder meetings | low | — | — |
| 25 Aug 2026 · 31st AGM proceedings of Telogica Limited held on 25 August 2026 | board shareholder meetings | medium | — | — |
| 13 Aug 2026 · Telogica Q1 FY27 results published in newspapers | compliance | minimal | — | — |
| 12 Aug 2026 · Telogica Q1 FY27 results: Revenue surges but net loss reported | results | high | — | — |
| 12 Aug 2026 · Telogica Q1 FY27 results: Revenue jumps 354% YoY but posts loss of Rs 1.89 cr | results | high | — | — |
| 6 Aug 2026 · Telogica board meeting set for Aug 12 to approve Q1 FY27 results | results | low | — | — |
| 3 Aug 2026 · Telogica 31st AGM notice and FY2025-26 Annual Report | board shareholder meetings | medium | — | — |
| 3 Aug 2026 · Telogica 31st AGM on 25 Aug 2026 via video conferencing, e-voting 22 to 24 Aug | board shareholder meetings | low | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.