Telecommunications Consultants India Ltd (TCIL) has remained at #4 position in V&D100 rankings for the second consecutive year.
It has posted a total turnover of Rs 639 crore in 1998-99, a growth of 7.88 percent over
1997-98. Net profit rose to Rs 44 crore. The company projects a turnover of Rs 1,000 crore
for the current fiscal.
CEO: AS Bansal Year Of Start-up: 1975 Area Of Operation: Consultancy, turnkey projects, software Address: TCIL Bhavan, Opp Savitri Cinema, Greater Kailash - I, New Delhi - 110 048 Tel.: 011-6432666/6282255 Fax: 011-6282244 Website: www.tcil-india.com |
It was a hectic year for TCIL as orders
queued up. The order book of the company stood at Rs 900 crore in the first three
quarters. Expectedly, the lion’s share of the orders came from overseas. At Rs 700
crore, these orders accounted for 77.8 percent of the total order booking.
The year was eventful for TCIL. It took
significant strategic decisions to diversify its operation. The company tied up with JMS
Worldwide to become an ISP. It is also planning to enter into a JV with MTNL to provide
basic telecom services in the comparatively "less lucrative" telecom circles
like Jammu and Kashmir and the NorthEast. Another major decision taken by this cash-rich
public sector company is to get into the long-distance telecom services, slated to be open
for competition on 1 January 2000. TCIL is planning to float a JV company for the purpose.
IRCON, the public sector railways construction company, and TCIL will together hold 40
percent equity in the JV while another Indian company will hold 11 percent. TCIL is
scouting for a foreign partner, which will hold the balance 49 percent. The JV will also
participate in the Railways optical fibre network project on Build Operate Own Lease
(BOOL) basis. The investment in the project would be about Rs 1,000 crore.
Outside India, TCIL is executing projects
in Ghana, Mauritius and Madagascar. TCIL is playing an important role in promoting Indian
technology abroad. In Madagascar, it is using WILL equipment based on
CorDECT, a system
developed by IIT Madras. Two Indian manufacturers, Shyam and Crompton Greaves, will supply
the equipment. In Comoros, it is using C-DOT exchanges.
TCIL, has a number of JVs and subsidiaries,
which cater to different market segments in telecom. Tamilnadu Telecommunications Ltd, a
JV with Tamil Nadu State Industrial Development Corp. to manufacture Jelly Filled
Telephone Cables (JFTC) is doing well and is a V&D100 company. The company has
diversified to optical fibre cables, with technology from Fujikura of Japan. TCIL
Bellsouth, another JV, is also doing well in the telecom OSS market. TCIL has a JV with
Shyam Telecom and, a few foreign operators, for cellular services in
Rajasthan. TCIL Saudi
Co Ltd, a JV with Natel of Saudi Arabia, is also doing well. However, its JV with Nepostel
of Netherlands for telecom software—Orange Telecom—is rumoured to be called off,
though TCIL has not confirmed it.
TCIL has grown by a modest 7.9 percent, but
has not been able to succeed at bagging major turnkey contracts in India. Indian turnkey
market is likely to boom after the domestic long-distance service is opened up for
competition. TCIL, with its experience in the field could be a major player here.
The Top 10 | |
1 | 6 |
2 | 7 |
3 | 8 |
4 | 9 |
5 | 10 |