Valiant Communications Ltd.

BSE: VALIANT526775ISIN INE760B01019

Telecommunication
Telecom - Equipment & Accessories
BSE Telecommunication

Share price

₹1,548.95-1.25 (-0.08%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

Splits and bonuses

10 Oct 2025 · Bonus 1:2

52W high: ₹1,891.35
52W low: ₹620.55
Off 52W high: -18.10%
1M return: -8.14%
3M return: +48.83%
6M return: +64.61%
1Y return: +92.42%
20D avg volume: 23,029
50 DMA: ₹1,458.58
200 DMA: ₹1,140.74

Key ratios Consolidated

Market cap: ₹1,811 Cr
Current price: ₹1,548.95
52W high / low: ₹1,891.35 / ₹620.55
Face value: ₹10.00
P/E: 66.47
P/B: —
EPS (TTM): ₹23.30
Book value / share: —
ROE: —
ROCE: 32.80%
Operating margin: —
Net margin: —
Debt / equity: 0.02
Net debt: ₹-16.44 Cr
Interest cover: 170.11
Dividend yield: 0.10%
Dividend / share (TTM): ₹1.50
Payout: 6.44%
Cash conversion cycle: 111.7 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	25.42	24.24	22.14	20.17	18.32	16.12	8.36	12.72	13.66	13.30	12.27	11.10
	0.48	2.28	1.25	0.83	0.63	0.69	0.00	0.56	0.56	0.07	0.06	0.18
	25.90	26.52	23.39	21.00	18.95	16.80	8.35	13.29	14.22	13.38	12.32	11.28
	15.39	15.81	15.20	13.99	12.72	11.29	8.96	9.59	10.07	10.04	10.39	9.44
	8.87	7.34	8.13	5.97	5.36	6.06	4.30	4.60	5.48	4.62	4.93	5.80
	0.18	0.21	0.11	0.01	0.04	0.00	0.21	0.00	—	0.12	0.01	0.15
	2.84	3.43	2.93	2.22	2.32	2.29	2.46	1.84	1.80	1.54	2.22	1.60
	0.06	0.05	0.04	0.05	0.04	0.07	0.05	0.04	0.05	0.04	0.04	0.04
	0.77	0.78	0.72	0.70	0.67	0.69	0.66	0.66	0.61	0.61	0.56	0.55
	2.83	3.63	3.55	4.44	3.53	2.96	1.84	2.39	1.88	1.82	2.19	1.71
	10.51	10.71	8.19	7.01	6.22	5.51	-0.60	3.70	4.15	3.33	1.94	1.84
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	10.51	10.71	8.19	7.01	6.22	5.51	-0.60	3.70	4.15	3.33	1.94	1.84
	2.72	2.57	2.14	1.74	1.50	1.29	0.07	0.90	1.03	0.84	0.55	0.41
	7.79	8.14	6.05	5.27	4.72	4.22	-0.53	2.80	3.12	2.49	1.38	1.44
	6.72	7.11	5.29	6.91	6.19	5.54	-0.70	3.67	4.09	3.41	1.91	1.99
Key metrics
	11.34	11.54	8.95	7.76	6.93	6.27	0.11	4.40	4.81	3.98	2.54	2.43
	44.60%	47.60%	40.40%	38.50%	37.80%	38.90%	1.30%	34.60%	35.20%	29.90%	20.70%	21.90%
	30.60%	33.60%	27.30%	26.10%	25.80%	26.20%	-6.30%	22.00%	22.80%	18.70%	11.20%	13.00%
	—	10.90%	—	9.60%	—	8.80%	—	—	—	—	—	—
	38.80%	50.40%	164.80%	58.60%	34.10%	21.20%	-31.90%	14.60%	—	—	—	—
	65.00%	92.90%	1,241.50%	88.20%	51.30%	69.50%	-138.40%	94.40%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	91.97	84.87	50.85	46.33	31.50	13.20
	4.84	4.98	1.81	0.44	0.13	1.63
	96.81	89.85	52.66	46.77	31.63	14.83
	60.39	57.72	39.90	38.47	29.39	18.44
	30.31	26.79	20.44	19.18	14.54	7.02
	0.51	0.37	0.21	0.27	0.94	0.54
	11.42	10.90	8.39	6.91	5.98	5.48
	0.20	0.19	0.21	0.15	0.05	0.03
	2.97	2.88	2.62	2.26	2.12	2.04
	14.45	15.15	9.07	7.63	6.20	4.85
	36.42	32.13	12.76	8.30	2.24	-3.62
	0.00	0.00	0.00	0.00	0.00	0.00
	36.42	32.13	12.76	8.30	2.24	-3.62
	9.17	7.95	3.14	2.10	0.56	0.98
	27.25	24.18	9.61	6.20	1.68	-2.63
	26.03	21.13	12.60	8.56	2.33	-3.65
Key metrics
	39.59	35.20	15.59	10.71	4.41	-1.55
	43.05%	41.50%	30.70%	23.10%	14.00%	-11.70%
	29.63%	28.50%	18.90%	13.40%	5.30%	-19.90%
	—	32.80%	20.50%	—	—	—
	65.65%	66.90%	9.80%	47.10%	138.60%	—
	143.09%	151.60%	55.00%	269.00%	163.90%	—
	—	27.86	-0.49	—	—	—
	—	1.34	0.08	—	—	—
	—	0.02	0.03	—	—	—
	—	-16.44	-1.99	—	—	—
	—	111.7	241.1	—	—	—
Balance sheet
	—	111.54	71.89	—	—	—
	—	96.25	60.14	—	—	—
	—	18.60	3.59	—	—	—
	—	18.91	19.72	—	—	—
	—	12.60	18.11	—	—	—
	—	1.59	1.56	—	—	—
	—	9.88	6.51	—	—	—
	—	5.53	4.24	—	—	—
	—	13.03	8.76	—	—	—
	—	2.16	1.60	—	—	—
	—	0.57	0.52	—	—	—
	—	1.59	1.08	—	—	—
	—	96.54	61.59	—	—	—
Cash flow
	—	32.45	0.79	—	—	—
	—	-28.32	-14.67	—	—	—
	—	10.56	-0.46	—	—	—
	—	4.59	1.28	—	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	25.14	23.99	21.94	20.06	18.12	16.02	8.09	12.68	13.60	13.15	12.20	10.83
	0.76	0.56	0.44	0.37	0.26	0.21	0.33	0.36	0.29	0.10	0.09	0.01
	25.90	24.55	22.38	20.43	18.38	16.23	8.43	13.04	13.90	13.25	12.29	10.85
	15.10	15.36	14.92	13.77	12.41	11.09	8.43	9.29	9.94	9.59	10.17	9.12
	8.87	7.34	8.13	5.97	5.36	6.06	4.30	4.60	5.48	5.11	4.93	5.80
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	2.84	3.49	2.93	2.22	2.26	2.34	2.41	1.84	1.80	1.54	2.22	1.55
	0.06	0.05	0.04	0.05	0.04	0.07	0.05	0.04	0.05	0.04	0.04	0.04
	0.77	0.78	0.72	0.70	0.67	0.69	0.66	0.66	0.61	0.61	0.56	0.55
	2.72	3.33	3.38	4.23	3.31	2.71	1.58	2.10	1.75	1.48	1.98	1.58
	10.80	9.19	7.46	6.67	5.97	5.14	-0.01	3.74	3.96	3.66	2.12	1.73
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	10.80	9.19	7.46	6.67	5.97	5.14	-0.01	3.74	3.96	3.66	2.12	1.73
	2.72	2.52	1.92	1.68	1.50	1.31	0.01	0.97	1.04	0.91	0.54	0.43
	8.08	6.67	5.54	4.99	4.46	3.83	-0.01	2.78	2.92	2.75	1.59	1.29
	6.97	5.83	4.84	6.54	5.85	5.02	-0.02	3.64	3.83	3.76	2.20	1.79
Key metrics
	11.63	10.02	8.22	7.42	6.68	5.90	0.70	4.44	4.62	4.31	2.72	2.32
	46.30%	41.80%	37.50%	37.00%	36.90%	36.80%	8.70%	35.00%	34.00%	32.80%	22.30%	21.40%
	32.10%	27.80%	25.30%	24.90%	24.60%	23.90%	-0.10%	21.90%	21.50%	20.90%	13.00%	11.90%
	—	10.00%	—	9.70%	—	8.70%	—	—	—	—	—	—
	38.70%	49.80%	171.20%	58.20%	33.20%	21.80%	-33.70%	17.10%	—	—	—	—
	81.20%	74.20%	55,500.00%	79.50%	52.70%	39.30%	-100.60%	115.50%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	91.13	84.11	50.40	45.71	30.19	12.32
	2.13	1.63	1.20	0.30	0.08	0.52
	93.26	85.74	51.59	46.01	30.28	12.84
	59.15	56.46	38.76	37.23	27.78	17.11
	30.31	26.79	20.44	19.67	14.54	7.02
	0.00	0.00	0.00	—	—	—
	11.48	10.90	8.39	6.86	5.98	5.33
	0.20	0.19	0.21	0.15	0.05	0.03
	2.97	2.88	2.62	2.26	2.12	2.04
	13.66	14.26	8.14	6.72	5.53	4.22
	34.12	29.28	12.83	8.78	2.50	-4.27
	0.00	0.00	0.00	—	—	—
	34.12	29.28	12.83	8.78	2.50	-4.27
	8.84	7.62	3.32	2.20	0.66	1.09
	25.28	21.66	9.51	6.58	1.84	-3.18
	24.18	18.93	12.47	9.08	2.54	-4.41
Key metrics
	37.29	32.35	15.66	11.19	4.67	-2.20
	40.92%	38.50%	31.10%	24.50%	15.50%	-17.90%
	27.74%	25.80%	18.90%	14.40%	6.10%	-25.80%
	—	32.00%	21.70%	—	—	—
	65.96%	66.90%	10.30%	51.40%	145.00%	—
	128.57%	127.80%	44.50%	257.60%	157.90%	—
	—	27.56	0.21	—	—	—
	—	1.48	0.16	—	—	—
	—	0.02	0.03	—	—	—
	—	-14.01	0.22	—	—	—
	—	113.6	243.2	—	—	—
Balance sheet
	—	104.92	68.55	—	—	—
	—	87.77	55.18	—	—	—
	—	16.17	1.38	—	—	—
	—	18.87	19.55	—	—	—
	—	12.60	18.09	—	—	—
	—	1.58	1.55	—	—	—
	—	9.88	6.51	—	—	—
	—	5.29	4.06	—	—	—
	—	12.74	8.57	—	—	—
	—	2.16	1.60	—	—	—
	—	0.57	0.52	—	—	—
	—	1.59	1.08	—	—	—
	—	90.21	58.45	—	—	—
Cash flow
	—	32.15	1.49	—	—	—
	—	-28.19	-14.66	—	—	—
	—	10.56	-0.46	—	—	—
	—	4.59	1.28	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +40.71%
Sales CAGR 5Y: —
Profit CAGR 3Y: +127.48%
Profit CAGR 5Y: —
Sales YoY (TTM): +65.96%
Profit YoY (TTM): +128.57%

Consolidated

Sales CAGR 3Y: +39.15%
Sales CAGR 5Y: —
Profit CAGR 3Y: +143.25%
Profit CAGR 5Y: —
Sales YoY (TTM): +65.65%
Profit YoY (TTM): +143.09%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 39.39%

Quarter	September 2026	June 2026
Promoter %	39.39%	39.64%

Holder	Type	Holding	Previous	Change
DAVINDER MOHAN SOOD	Promoter	13.61%	13.68%	-0.07%
INDER MOHAN SOOD	Promoter	12.87%	12.96%	-0.09%
Gem Financiers And Distributors Pvt Limited	Promoter Group	3.98%	3.98%	0.00%
SHANKAR SHARMA	Public	3.46%	3.46%	0.00%
Great Films Private Limited	Promoter Group	2.55%	2.55%	0.00%
SHOMPA SOOD	Promoter Group	2.52%	2.52%	0.00%
GARV MOHAN SOOD	Promoter	2.41%	2.41%	0.00%
NIVESHAAY HEDGEHOGS FUND	Public	1.83%	1.58%	+0.25%
PRAJESH MAROO	Public	1.72%	1.70%	+0.02%
NIVESHAAY SAMBHAV FUND	Public	1.64%	1.44%	+0.20%
INVESTOR EDUCATION AND PROTECTION FUND AUTHORITY MINISTRY OF CORPORATE AFFAIRS	Public	1.56%	1.59%	-0.03%
VRUNDA MAROO	Public	1.55%	1.54%	+0.01%
GAURAV MOHAN SOOD	Promoter	1.36%	1.41%	-0.05%
USHA CHANDRASINGH MEHTA	Public	1.27%	1.27%	0.00%
SHEETAL MEHTA	Public	1.08%	1.10%	-0.02%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Sterlite Technologies Limited.	40,960	796.80	54.18	9.10%	+63.47% TTM	+1,612.00% TTM	+562.34%
ITI Limited (Indian Teleph.Ind.Ltd)	24,435	254.30	75.53	23.50%	-41.28% TTM	+273.17% TTM	-21.38%
Tejas Networks Limited	7,616	427.50	-9.32	-28.80%	-71.13% TTM	-100.69% TTM	-21.13%
Optiemus Infracom Limited	7,258	804.90	99.88	9.10%	+20.93% TTM	+10.58% TTM	+38.70%
Orient Cables(India)Limited	3,994	350.95	—	—	—	—	—
Valiant Communications Ltd.	1,811	1,548.95	66.47	32.80%	+65.65% TTM	+143.09% TTM	+92.42%
ADC India Communications Limited S	1,038	2,256.30	46.06	28.20%	+18.95% TTM	+0.27% TTM	+48.12%
Birla Cable Limited	986	328.55	21.32	10.70%	+28.14% TTM	+658.03% TTM	+108.80%
UMIYA BUILDCON LIMITED	168	90.10	45.16	28.00%	+21.27% TTM	-90.80% TTM	-2.76%
Aksh Optifibre Ltd.	116	7.12	-60.78	-5.40%	+28.91% TTM	+92.90% TTM	-4.94%
Punjab Communications Limited S	64	52.89	11.57	9.60%	+25.82% TTM	+319.08% TTM	-12.08%
TELOGICA LIMITED S	47	7.12	-79.11	5.50%	+123.64% TTM	-152.99% TTM	-48.22%
Tamilnadu Telecommunications Ltd. S	43	9.34	—	2.00%	—	—	-22.87%
CLENON ENTERPRISES LIMITED	37	33.74	—	-16.90%	—	—	-34.88%

Filings & corporate actions

Recent announcements

Valiant Communications Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/11/2026 ,inter alia, to consider and approve the Un-audited Financial ....29 Oct 2026 · Board Meeting / Board Meeting
Receipt of Orders Worth Rs. 1,476 Lacs27 Oct 2026 · Company Update / Award of Order / Receipt of Order
As attached8 Oct 2026 · Company Update / General
The Exchange has sought clarification from Valiant Communications Ltd on October 07, 2026 with reference to significant movement in price, in order to ensure that investors have latest ....7 Oct 2026 · Company Update / Clarification
As attached6 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
As attached30 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
As attached30 Sep 2026 · AGM/EGM / AGM
As attached30 Sep 2026 · AGM/EGM / AGM
As attached30 Sep 2026 · AGM/EGM / AGM
Receives Letter of Award worth Rs. 4,025 Lacs for Indian Power Utilities29 Sep 2026 · Company Update / Award of Order / Receipt of Order
Receipt of Purchase Order of INR 1,388 Lacs.10 Sep 2026 · Company Update / Award of Order / Receipt of Order
As attached8 Sep 2026 · Company Update / Award of Order / Receipt of Order
As attached3 Sep 2026 · Company Update / Newspaper Publication
As attached3 Sep 2026 · Company Update / General
Annual report for the financial year 2025-262 Sep 2026 · Others / Reg. 34 (1) Annual Report
As attached2 Sep 2026 · AGM/EGM / AGM
As attached20 Aug 2026 · Company Update / General
As attached18 Aug 2026 · Company Update / Newspaper Publication
As attached13 Aug 2026 · AGM/EGM / AGM
Intimation of date of AGM and Record Date for payment of Final Dividend on Equity Shares for the Financial Year 2025-2613 Aug 2026 · Corp Action / Date of payment of Dividend
As attached13 Aug 2026 · Corp. Action / Record Date
As attached13 Aug 2026 · Company Update / Newspaper Publication
As attached12 Aug 2026 · Company Update / General
As attached12 Aug 2026 · Result / Financial Results
As attached12 Aug 2026 · Board Meeting / Outcome of Board Meeting
Press Release titled "Valiant gets its breakthrough to supply equipment to Data Centers".5 Aug 2026 · Company Update / Press Release / Media Release
Please find attached herewith the Press Release and the required disclosure under Regulation 30 of SEBI Listing Regulations, 20155 Aug 2026 · Company Update / Award of Order / Receipt of Order
As attached3 Aug 2026 · Company Update / Newspaper Publication
Valiant Communications Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/08/2026 ,inter alia, to consider and approve As attached27 Jul 2026 · Board Meeting / Board Meeting
Press Release titled "Zero-Day Attacks Mitigation - A Solution from Valiant Communications"27 Jul 2026 · Company Update / Press Release / Media Release
As attached6 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
As attached30 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
As attached3 Jun 2026 · Company Update / General
As attached1 Jun 2026 · Company Update / Newspaper Publication
As attached30 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
As attached30 May 2026 · Company Update / General
As attached30 May 2026 · Corp. Action / Dividend
As attached30 May 2026 · Board Meeting / Outcome of Board Meeting
As attached30 May 2026 · Result / Financial Results
As attached26 May 2026 · Company Update / Newspaper Publication

Corporate actions

Purpose	Ex date	Record date	Payment date
Dividend - Rs. - 1.5000	10 Sep 2026	10 Sep 2026	—
Bonus issue 1:2	10 Oct 2025	10 Oct 2025	—
Dividend - Rs. - 1.5000	11 Sep 2025	11 Sep 2025	—

Board meetings

5 Nov 2026 Board Meeting - Financial Results
12 Aug 2026 Board Meeting - Financial Results