Summit Securities (Delisted) share price
BSE: 504807Finance
Summit Securities Limited · Face value ₹10 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Jan 2000
Last traded ₹16.60 on 2 Feb 2010
Delisted.
Last announcements
The company's own last announcements before its shares stopped trading, routine notices left out.
Jan 2010
22 Jan · Suspension of trading in equity shares
Members of the Exchange are hereby informed that the trading in equity shares of Summit Securities Limited shall be suspended w.e.f. February 03, 2010 (i.e. closing hours of trading on February 02, 2010) on account of Scheme of Arrangement between the Company, Brabourne Enterprises Limited, CHI Investments Limited and Octav Investments Limited with RPG Itochu Finance Limited.19 Jan · Corporate action
February 04, 2010 has been fixed as the Record Date for implementing the Scheme of Arrangement between RPG Itochu Finance Limited and Summit Securities Limited (Summit) and Brabourne Enterprises Limited (Brabourne) and Octav Investments Limited (Octav) and CHI Investments Limited (CHI) and their respective shareholders. As per the Scheme RPG Itochu Finance Limited (RIFL) will issue equity shares to the shareholders of the erstwhile Summit Securities Limited as under, pursuant to the Scheme of Arrangement approved by the Bombay High Court on December 18, 2009: "1 (One) Equity Share of Rs. 10/- each of RIFL shall be issued and allotted for every 16 (Sixteen) Equity Shares of Rs. 10/- each held in Summit". Further, RPG Itochu Finance Limited has submitted to the Exchange a copy of Detailed Note regarding the Scheme of Arrangement. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Dec 2009
31 Dec · Business
Summit Securities Limited had informed the Exchange that Hon'ble High Court of Judicature at Bombay has approved the Scheme of Arrangement between Summit Securities Limited and Brabourne Enterprises Limited and Octav Investments Limited and CHI Investments Limited and RPG Itochu Finance Limited and Instant Holdings Limited and KEC Holdings Limited and their Respective Shareholders on December 18, 2009.The Company has now informed the Exchange that "The certified true copy of the Order was filed with the Registrar of Companies, Maharashtra, Mumbai on December 23, 2009 and the Scheme became effective from the said date i.e. December 23, 2009."18 Dec · Business
Hon'ble High Court of Judicature at Bombay has approved the Scheme of Arrangement between Summit Securities Limited and Brabourne Enterprises Limited and Octav Investments Limited and CHI Investments Limited and RPG Itochu Finance Limited and Instant Holdings Limited and KEC Holdings Limited and their Respective Shareholders on December 18, 2009. A certified copy of the order is awaited. The Effective Date of the Scheme will be the date on which the said certified copy of the Order passed by the Hon ble High Court is filed with the Registrar of Companies, Maharashtra, Mumbai.
Nov 2009
3 Nov · Limited Review Report
Auditors have conducted the limited review for the un-audited financial results for the period ended September 30,2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Results for the quarter to Sep 2009
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
- Net profitNet profit. What is left of revenue and other income after every cost, interest and tax. Net profit in the glossary
- −₹0.04 Cr
From revenue to net profit, ₹ crore
- Depreciation0.0
- Other income0.0
- Profit before tax0.0
- Net profit0.0
Summit Securities results by quarter
Standalone: the listed company alone, without its subsidiaries. Latest quarter to Sep 2009. Results for the quarter to Dec 2009 were due by 14 Feb 2010, 45 days after it ends. Every company's dates are on the results calendar.
Revenue and net profit by quarter, ₹ crore
- Revenue
- Net profit
- Loss
Peak revenue ₹0.24 Cr, quarter to Dec 2007; lowest ₹0.12 Cr, quarter to Sep 2007A loss in 6 of the 9 quarters shown
Operating and net margin by quarter, per cent
- Operating margin
- Net margin
| ₹ crore | Sep 2007 | Dec 2007 | Mar 2008 | Jun 2008 | Sep 2008 | Dec 2008 | Mar 2009 | Jun 2009 | Sep 2009 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 0.12 | 0.24 | 0.16 | 0.16 | – | – | – | – | – |
| Depreciation and amortisationDepreciation and amortisation. The part of the cost of plant, buildings and other long-lived assets charged against each year they are used. Depreciation and amortisation in the glossary | – | – | – | – | – | 0.00 | 0.00 | 0.00 | 0.00 |
| Other incomeOther income. Income from outside the main business, such as interest on deposits, dividends received and gains on investments. Other income in the glossary | – | – | – | – | – | 0.00 | 4.84 | 0.00 | 0.00 |
| Profit before one-off items and taxProfit before one-off items and tax. Profit before tax as it would be without the one-off items below it, as the company states it. Profit before one-off items and tax in the glossary | – | – | – | – | – | −0.03 | 4.81 | −0.08 | −0.04 |
| One-off itemsExceptional items. Gains or losses the company reports separately because they are not expected to recur, such as selling a business or writing down an asset. Exceptional items in the glossary | – | – | – | – | – | – | −6.00 | – | – |
| Profit before tax | 0.04 | 0.19 | −0.01 | 0.10 | −0.16 | −0.03 | −1.19 | −0.08 | −0.04 |
| Tax | – | – | 1.68 | – | – | – | – | – | – |
| Net profit | 0.04 | 0.19 | −1.69 | 0.10 | −0.16 | −0.03 | −1.19 | −0.08 | −0.04 |
| Net margin | 33.3% | 79.2% | −1,056.3% | 62.3% | – | – | – | – | – |
Earnings per share in rupees, restated for later splits and bonuses.
2 years at a glance
Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to March.
Revenue, net profit and borrowings, ₹ crore
- Revenue
- Net profit
- Borrowings
- Loss
Peak revenue ₹0.55 Cr, year to Mar 2008; lowest ₹0.16 Cr, year to Mar 2009
Operating and net margin, per cent
- Operating marginOperating margin. Operating profit before depreciation as a percentage of revenue: how much of each rupee of sales is left after running costs. Operating margin in the glossary
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
Results for the year to Mar 2009
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
From revenue to net profit
- Revenue0.2
- Depreciation0.0
- Other income+4.8
- One-off items−6.0
- Profit before tax−1.3
- Net profit−1.3
Profit and loss
Standalone, ₹ crore, years to March.
| ₹ crore | Mar 2008 | Mar 2009 |
|---|---|---|
| Revenue from operations | 0.55 | 0.16 |
| Depreciation and amortisation | – | 0.00 |
| Other income | – | 4.84 |
| Profit before one-off items and tax | – | 4.73 |
| One-off items | – | −6.00 |
| Profit before tax | 0.18 | −1.27 |
| Tax | 1.68 | – |
| Net profit | −4.38 | −1.27 |
| Net margin | −796.4% | −791.3% |
Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the year to Mar 2008: the statement does not state its finance costs or depreciation, which operating profit is worked out from, so operating profit is not given. Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the year to Mar 2009: the statement does not state its finance costs, which operating profit is worked out from, so operating profit is not given.
Ratios
Standalone, years to March.
| Ratio | Mar 2009 |
|---|---|
| Revenue growthRevenue growth. This year's revenue less last year's, divided by last year's, times 100; blank where last year's is not above nought. Revenue growth in the glossary | −70.7% |
Growth and returns over 3, 5 and 10 years
Standalone: the listed company alone, without its subsidiaries. Each window ends with the year to Mar 2009.
| Measure | 3 years |
|---|---|
| Net margin, averageNet margin, average. 3 years: The plain average of the yearly net profit margin over the last three years, needing at least two of them; a year without the figure is left out, never filled in. 5 years: The plain average of the yearly net profit margin over the last five years, needing at least four of them; a year without the figure is left out, never filled in. 10 years: The plain average of the yearly net profit margin over the last ten years, needing at least nine of them; a year without the figure is left out, never filled in. | −793.8% |
Where the return came from
Yearly rates to Mar 2009, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −79.8% | – | – | 0.0% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record.
Recent sessions
The 10 trading days to 2 Feb 2010, as traded on BSE.
| Date | Open | High | Low | Close | Average price | Volume |
|---|---|---|---|---|---|---|
| 2 Feb 2010 | 16.75 | 17.75 | 16.40 | 16.60 | 17.08 | 2,74,420 |
| 1 Feb 2010 | 16.80 | 17.20 | 16.10 | 16.25 | 16.56 | 1,15,674 |
| 29 Jan 2010 | 14.85 | 16.90 | 14.66 | 16.49 | 15.69 | 83,742 |
| 27 Jan 2010 | 16.35 | 16.35 | 15.25 | 15.48 | 15.75 | 84,236 |
| 25 Jan 2010 | 16.10 | 17.14 | 16.10 | 16.72 | 16.79 | 1,27,137 |
| 22 Jan 2010 | 16.01 | 16.70 | 15.81 | 16.44 | 16.20 | 54,220 |
| 21 Jan 2010 | 17.60 | 17.80 | 16.75 | 16.90 | 17.31 | 93,119 |
| 20 Jan 2010 | 18.10 | 18.49 | 17.00 | 17.55 | 17.83 | 1,51,019 |
| 19 Jan 2010 | 17.64 | 19.30 | 17.53 | 17.61 | 18.67 | 6,96,646 |
| 18 Jan 2010 | 17.90 | 18.00 | 16.25 | 16.37 | 16.87 | 94,796 |
Prices in ₹ per share as traded, not adjusted.
Company details
- BSE code
- 504807
- ISIN
- INE852A01016
- Industry
- Finance
- Website
- www.summitsecurities.net
- CIN
- L65921MH1997PLC194571
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1997
- Registered office
- 213, Bezzola Complex, B Wing, 71, Sion - Trombay Road, Chembur, Mumbai 400071, Maharashtra
- Share registrar
- MUFG Intime India Pvt. Ltd
- Keeps the register of shareholders and handles transfers and dividend payments