Valiant Communications Ltd

Valiant Communications (VCL) announced the receipt of an order for ransomware resilient, on-premises, key data center equipment from THDC, (formerly Tehri Hydro Development Corporation) a Mini Ratna Category-I Enterprise of the Government of India and a subsidiary of National Thermal Power Corporation (NTPC). THDC, a Critical Information Infrastructure (CII) organization is upgrading its data center with ransomware resilient, data center equipment that is offered by Valiant Communications, (VCL), a Class 1 manufacturer with its Made in India products and solutions. VCL offers its ransomware resilient data storage solutions designed for high throughput, low latency, mission-critical applications. VCL data storage (on-premises) solutions are offered with customer application based with multiple layers of cyber security which include network isolation, quantum-safe encryption, data diodes and EMP protected data storage solutions that are specially designed for power sector, utilities, SCADA applications, government, financial, defence and critical infrastructure organizations. Powered by Capital Market - Live

The order involves the supply of communication, protection, and synchronization solutions as per the technical requirements of the clients. According to the company, $500,000 of the order is expected to be executed by 31 July 2025, with the remaining balance to be determined by the customer based on the site readiness of the end-user. The company also clarified that this contract does not involve any related party transactions, and the promoter group holds no interest in the awarding entity. Valiant Communications is a manufacturer and exporter of a wide range of communications, transmission, protection, synchronization, NAS data storage equipment and cyber security products. It is an approved manufacturer to some of the major power utilities including Power Grid Corporation (India) and various National and State Electricity Boards, with track record of successful installations in more than 5,500+ power sub-stations worldwide including at 765kV, 440kV, 400kV, 384kV, 220kV, 132kV, 110kV, 66kV and 33kV power sub-stations. The company reported consolidated net loss of Rs 0.53 crore in Q3 FY25 as against net profit of Rs 1.38 crore recorded in Q3 FY24. Revenue from operations fell 31.9% YoY to Rs 8.36 crore posted in the quarter ended 31 December 2024. As of 26 March 2025, the company's market capitalization stood at Rs 314.28 crore on the BSE. Powered by Capital Market - Live

This joint venture, formed exclusively for GETCO's Project #2, comes in addition to Project #1, which was awarded earlier on 10 January 2025. As the lead bidder, the LoI has been issued to Tejas Networks, with Valiant's share in the project valued at Rs 39 crore. Under this contract, Valiant will supply and commission communication, protection, and synchronization equipment for GETCO. Valiant Communications is a manufacturer and exporter of a wide range of communications, transmission, protection, synchronization, NAS data storage equipment and cyber security products. On a consolidated basis, Valiant Communications reported net loss of Rs 0.53 crore in Q3 December 2024 as against net profit of Rs 1.38 crore in Q3 December 2023. Net sales declined 31.87% year-on-year to Rs 8.36 crore in Q3 December 2024. Powered by Capital Market - Live

Net loss of Valiant Communications reported to Rs 0.53 crore in the quarter ended December 2024 as against net profit of Rs 1.38 crore during the previous quarter ended December 2023. Sales declined 31.87% to Rs 8.36 crore in the quarter ended December 2024 as against Rs 12.27 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales8.3612.27 -32 OPM %1.3220.13 - PBDT0.062.49 -98 PBT-0.601.93 PL NP-0.531.38 PL Powered by Capital Market - Live

Valiant Communications will hold a meeting of the Board of Directors of the Company on 12 February 2025.Powered by Capital Market - Live

The order is for the supply and commissioning of communication, protection, and synchronization equipment for Gujarat Energy Transmission Corporation (GETCO). Valiant and Tejas Networks are also L1 bidders for another GETCO project under the Make in India initiative, indicating further potential for growth in the Indian power sector. Valiant Communications is a manufacturer and exporter of a wide range of communications, transmission, protection, synchronization, NAS data storage equipment and cyber security products. It is an approved manufacturer to some of the major power utilities including Power Grid Corporation (India) and various National and State Electricity Boards, with track record of successful installations in more than 5,500+ power sub-stations worldwide including at 765kV, 440kV, 400kV, 384kV, 220kV, 132kV, 110kV, 66kV and 33kV power sub-stations. On a consolidated basis, net profit of Valiant Communications surged 95.80% to Rs 2.80 crore while net sales rose 14.59% to Rs 12.72 crore in Q2 September 2024 over Q2 September 2023. Powered by Capital Market - Live

Valiant Communications announced the receipt of its single largest order of its corporate history for supply and commissioning of its Communication, Protection and Synchronization equipment from Tejas Networks, a Tata Group company. The gross value of the purchase order is Rs 41.35 crore. Whereas the end-user for the awarded project is the Gujarat Energy Transmission Corporation (GETCO). Powered by Capital Market - Live

Net profit of Valiant Communications rose 95.80% to Rs 2.80 crore in the quarter ended September 2024 as against Rs 1.43 crore during the previous quarter ended September 2023. Sales rose 14.59% to Rs 12.72 crore in the quarter ended September 2024 as against Rs 11.10 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales12.7211.10 15 OPM %30.1920.27 - PBDT4.362.39 82 PBT3.701.84 101 NP2.801.43 96 Powered by Capital Market - Live

Valiant Communications will hold a meeting of the Board of Directors of the Company on 12 November 2024Powered by Capital Market - Live

Valiant Communications announced that the 31th Annual General Meeting (AGM) of the company will be held on 25 September 2024.Powered by Capital Market - Live