Webel Communication Industries Ltd

Key Stats

₹5
Day's Price Range
₹5
₹0
52-Week Price Range
₹5

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 20
EPS
Rank 21
BVPS
Rank 24
Dividend Yield
Rank 8
ROE
Rank 15
Price To Book Ratio
Rank 19
Debt To Asset
Rank 24

Company Information

A public sector unit promoted by the Government of West Bengal Webel Communications started production in Jan.89 to manufacture 2 lac push button telephones with technology from Siemens Germany and 35000 lines EPABX in collaboration with Jeumont Schnoider France. Its manufacturing facilities are located at the Salt Lake Electronics Complex Calcutta.Underutilisation of production capacity due to lack of adequate orders from the Department of Telecommunications DoT and Mahanagar Telephone Nigam MTNL pushed the company into red and was referred to the BIFR in 199394 as a sick company. Its reference was treated as nonmaintainable by the BIFR on technical grounds. However it directed the financial intstitutions to provide survival plan for the company with the support of the banks. Accordingly in 199495 the company started implementing the rehabilitation package drawn up by ICICI the lead financial institution.In 199394 the company proposed to broadbase its product range to include feature phones speaker phones answering phones and cordless phones by both manufacturing and trading. In 199596 the company diversified into the field of digital multiplexers based on CDot technology to save itself from the unhealthy competition in the area of electronic push button telephones EPBTs and secured an order for Rs 1.08 cr. However even before a single unit could be delivered the unit price per unit crashed. The Production and Sales of EPBT during the year 199798 were 134341 Nos and 134374 Nos. as against 4600 Nos. and 4679 Nos. respectively in the previous year. The invoice value for the year stood at Rs.587.25 lacs as against Rs.34.63 lacs in the prevoius year.During the year 199899 the company has successfully completed the full quantity order received from DOT. The company has developed a New Model of EPBT MKIII which is cost effective and would overcome the situation occurred for the lower sale price.
OrganisationWebel Communication Industries Ltd
HeadquartersKolkata
IndustryTelecomm Equipment & Infra Services