AgenciesYes Securities has neutral call on One97 Communications with a target price of Rs 700. The current market price of One97 Communications is Rs 659.2.
One97 Communications, incorporated in the year 2000, is a Small Cap company (having a market cap of Rs 41077.65 Crore) operating in Services sector.
One97 Communications key Products/Revenue Segments include Sale of services and Other Operating Revenue for the year ending 31-Mar-2022.
Financials
For the quarter ended 31-12-2022, the company has reported a Consolidated Total Income of Rs 2140.20 Crore, up 6.29 % from last quarter Total Income of Rs 2013.60 Crore and up 39.57 % from last year same quarter Total Income of Rs 1533.40 Crore. Company has reported net profit after tax of Rs -397.10 Crore in latest quarter.
The company’s top management includes Mr.Vijay Shekhar Sharma, Mr.Douglas Feagin, Mr.Ravi Chandra Adusumalli, Mr.Mark Schwartz, Ms.Pallavi Shardul Shroff, Mr.Ashit Lilani, Mr.Neeraj Arora, Mr.Madhur Deora. Company has Price Waterhouse Chartered Accountants LLP as its auditors. As on 31-12-2022, the company has a total of 65 Crore shares outstanding.
Investment Rationale
One97 Communications, incorporated in the year 2000, is a Small Cap company (having a market cap of Rs 41077.65 Crore) operating in Services sector.
One97 Communications key Products/Revenue Segments include Sale of services and Other Operating Revenue for the year ending 31-Mar-2022.
Financials
For the quarter ended 31-12-2022, the company has reported a Consolidated Total Income of Rs 2140.20 Crore, up 6.29 % from last quarter Total Income of Rs 2013.60 Crore and up 39.57 % from last year same quarter Total Income of Rs 1533.40 Crore. Company has reported net profit after tax of Rs -397.10 Crore in latest quarter.
The company’s top management includes Mr.Vijay Shekhar Sharma, Mr.Douglas Feagin, Mr.Ravi Chandra Adusumalli, Mr.Mark Schwartz, Ms.Pallavi Shardul Shroff, Mr.Ashit Lilani, Mr.Neeraj Arora, Mr.Madhur Deora. Company has Price Waterhouse Chartered Accountants LLP as its auditors. As on 31-12-2022, the company has a total of 65 Crore shares outstanding.
Investment Rationale
Q4’23 Revenue from operations projected to be Rs. 2,430 Cr. which is a Q/Q growth of 17.8%.
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