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ADC India Communications Ltd Telecomm Equipment & Infra Services
(%)
  • NSE
  • BSE

Overview

  • BSE Code 523411
  • NSE Symbol KRONECOMM
  • ISIN Demat INE833A01016
  • Book Value (₹) 152.12
  • Face Value (₹) 10.00
  • Market Cap (₹ Cr.) 534.18
  • P/E (TTM) 21.84
  • EPS (TTM) 53.17
  • Div Yield (%) 2.58

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About ADC India Communications Ltd

Incorporated in Jul.'88, Krone Communications was jointly promoted by Krone, Germany, the Karnataka State Electronics Development Corporation and M L Thukral and his associates. The company's collaborator Krone, Germany, holds a 51% equity stake. The company manufactures telephone connectors including back panel connectors and allied products for use in telecommunication cable network and commercial/industrial cabling systems.

Earlier, KCL was just a telecom products company, but has, off late,transformed itself into a total solution provider. In only 10 years, it has created and deployed its pre-eminence in the manufacturing and supply of MDF andassociated external plant products. More than 6 million lines stand installed with Krone products, through every single technology - Siemens',Ericssion's, Alcatel's and Lucent's apart from C-DOT. KCL also delivers comprehensive solutions intechnical and marketing support for copper and fiber optictelecommunication networks, structured cabling systems and wireless localloop systems.

In Jul.'99, Krone AGs' has been executed a strategic acquisition of by the US based GenTek Group. With this acquisition, Krone is confident about the unique market position in cable manufacturing business. Krone has formally introduced a unique high end cabling system "TrueNet" in Nov-99. The new LSA NT high density MDF formally introduced last year saw wide acceptance in the market and almost 230K line were successfully delivered during the year.

A new German design of the NT module product is going to hit the Indian market.As per the plans the new product is expected to be introduced in April,2003.

Founded: 1988
Chairman: Nagendra Venkaswamy
Managing Director: J N Mylaraiah
Address: 10C II Phase Peenya Industrial, Area, Bangalore, Karnataka, 560058,