Punjab Communications Ltd
The short version
A slow-growing, thinly profitable business — priced richly for what it earns.
What Punjab Communications does
Incorporated in 1981, Punjab Communications Ltd is in the business of telecom products manufacturing.
Worked out from Punjab Communications's own filed results and exchange data, in plain words. Where a finance term matters, we say what it means.
01What does it do?
Punjab Communications is a micro-sized company in telecom - equipment & accessories.
Incorporated in 1981, Punjab Communications Ltd is in the business of telecom products manufacturing.
- Whole company is worth
- ₹65 crore
- Run by
- HARSUHINDER PAL SINGH BRAR, IAS
- Shareholders
- 9,810 people
- Listed since
- 1995
A very small company by stock-market value — prices can swing hard and trading can be thin.
02Is it growing?
Sales have grown 5% a year for 5 years.
03Does it make money?
Out of every ₹100 it sells, it keeps ₹11 as profit.
Here is where the money from Punjab Communications's sales went in FY26, the latest full year it has reported.
- ₹41Making or buying what it sellsraw materials, stock, goods bought for resale
- ₹47Running the businessstaff, rent, marketing, power and everything else
- ₹0.1Interest on its loansthe cost of borrowed money
- ₹0.8Wear and tearmachines, stores and buildings losing value over time
- ₹11Profit it keepswhat is left for the company's owners
On the money its owners have put in
It earns ₹10 a year on every ₹100 its owners have invested.
That figure is called return on equity (ROE). Under ₹12 is a thin return for the risk of owning shares. For comparison, a bank fixed deposit pays roughly ₹6–7.
Does the profit turn into cash?
For every ₹100 of profit it reported, ₹-135 actually came in as cash.
Over the last 3 years: ₹13 crore of profit but only −₹17 crore of cash. A wide gap like this is worth understanding before trusting the profit figure.
04Is the price high or low?
You pay ₹22 for every ₹1 of profit it makes in a year.
This is the P/E ratio: share price divided by a year's profit per share. A P/E of 22 means buyers are paying for about 22 years of today's profit up front.
The share price over the past year
It is 26% below its highest price of the past year and 36% above its lowest.
05Who owns it?
Its founders and parent group own 71 of every 100 shares — they control the company.
If the company were split into 100 equal shares, this is who would hold them. 9,810 people and institutions hold its shares.
As filed for the quarter ending 30 Sept 2026. Arrows show the change since the quarter before, in percentage points.
06What is going well, and what to watch
One thing going well, one thing worth watching.
Picked out of the numbers above by fixed rules — the same rules for every company — so nothing here is somebody's opinion.
Going well
- Has almost no debt — it is not at the mercy of lenders.
Worth watching
- Thinly traded — only about ₹1 lakh of shares change hands a day, so buying or selling can move the price.
07What happened lately?
Latest quarter: sales down 13%, profit up 720%.
Apr–Jun 2026 is the most recent quarter it has reported. Each figure is compared with the same three months a year earlier, because many businesses sell more in some seasons than others.
Sales
₹5.8 Cr
▼ 12.6% on a year earlier
Profit
₹2.9 Cr
▲ 720.0% on a year earlier
No notable developments in the last few weeks.
Advanced view
Every number, every table, the full chart.
Ten years of statements, quarterly results, peers side by side, technical indicators, analyst estimates, bulk deals and filings.
Ask DoXy
Still have a question about Punjab Communications?
This page describes Punjab Communications using its reported figures and exchange data. It is for information only and is not investment advice or a recommendation to buy, sell or hold. DocStoX is not a SEBI-registered investment adviser or research analyst.
Punjab Communications Ltd (PUNJCOMMU): company summary
The company's business has improved significantly, with annual revenue rising 56.0% to ₹27 crore and net profit swinging from a loss to a profit of ₹3 crore.
Punjab Communications Ltd (PUNJCOMMU) is a micro-cap Telecommunication company valued at ₹65 crore operating in Telecom - Equipment & Accessories on the NSE and BSE.
- Recent price move
- Punjab Communications Ltd last traded at ₹54.5, modestly down 0.46% on the day.
- Recent developments
- On 2026-09-30, promoter holding was recorded at 71.28%, indicating no significant change in ownership. On 2026-06-30, the company reported a net profit of ₹3 crore for the latest quarter, marking a sharp increase from ₹0 crore in the same quarter a year earlier.
- Financial performance
- The company's business has improved significantly, with annual revenue rising 56.0% to ₹27 crore and net profit swinging from a loss to a profit of ₹3 crore. However, the latest quarter showed a decline in revenue of -12.6% compared to the same quarter a year earlier, while net profit surged 720.0% to ₹3 crore.
- Valuation multiples
- The stock trades at 22.0 times earnings, broadly in line with the Telecommunication median of 24.4, 2.45 times book value.
- Things to watch
- The stock is 26.0% below its 52-week high, and the latest quarter's revenue decline of -12.6% could signal short-term challenges. The net profit margin, while up 13.3 percentage points to 11.1%, remains relatively low compared to industry benchmarks.
- Where it stands
- Punjab Communications Ltd has turned from a net loss to a profit, with net profit rising to ₹3 crore in the latest quarter. The stock's distance below its 52-week high and the recent revenue decline highlight key challenges, but the sharp increase in net profit suggests improving fundamentals.
Summarised by DocStoX's model on 2026-10-18 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.
More Telecommunication stocks · Telecom - Equipment & Accessories
Explore Punjab Communications Ltd’s valuation
Free deep-dive tools · no sign-up
Punjab Communications Ltd peers in Telecommunication
Other Telecommunication stocks on the NSE & BSE. See the full Telecommunication sector list.
Compare Punjab Communications Ltd with peers
Related tools & concepts
Value Punjab Communications Ltd with the ratios and calculators DocStoX uses in its analysis.

