Aditya Birla Chemicals (India) (Delisted) share price
BSE: 500057
Aditya Birla Chemicals (India) Limited · Formerly Bihar Caustics and Chemicals · 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 Dec 2000
Last traded ₹225.25 on 13 Jan 2016
Delisted on 21 Apr 2016.
Last announcements
The company's own last announcements before its shares stopped trading, routine notices left out.
Feb 2016
Jan 2016
8 Jan · Suspension of trading in equity shares
Members of the Exchange are hereby informed that the trading in Equity Shares of Adity Birla Chemicals (India) Limited shall be suspended w.e.f. January 14, 2016 (i.e. closing hours of trading on January 13, 2016) on account of Scheme of Amalgamation of Adity Birla Chemicals (India) Limited with Grasim Industries Limited.
Results for the quarter to Sep 2015
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
- RevenueRevenue from operations. Money earned from selling the company's goods and services in the period. Revenue from operations in the glossary
- ₹307 Cr+5.2% on a year ago · +6.5% on the quarter beforeChange on a year ago and on the quarter before. The change against the same quarter a year before: (this quarter's figure less that quarter's) divided by that quarter's, times 100. The change on the quarter before is the same sum against the quarter just before, taken as this quarter's results restate it where the company restated it: this quarter's year to date less this quarter. Left out where either figure is a loss, where the restatement covers two or more earlier quarters without saying which, or across a change of basis named under the table, on the lines it affects.
- Net profitNet profit. What is left of revenue and other income after every cost, interest and tax. Net profit in the glossary
- ₹20 Cr+85.2% on a year ago · −2.1% on the quarter before
- Net margin
- 6.5%
From revenue to net profit, ₹ crore
- Revenue307
- Other income+0.6
- Finance costs−26
- Profit before tax34
- Tax−14
- Net profit20
Aditya Birla Chemicals (India) results by quarter
Standalone: the listed company alone, without its subsidiaries. Latest quarter to Sep 2015. Results for the quarter to Dec 2015 were due by 14 Feb 2016, 45 days after it ends. Every company's dates are on the results calendar.
Revenue and net profit by quarter, ₹ crore
- Revenue
- Net profit
Peak revenue ₹307 Cr, quarter to Sep 2015; lowest ₹202 Cr, quarter to Dec 2012
Operating and net margin by quarter, per cent
- Operating margin
- Net margin
| ₹ crore | Dec 2010 | Mar 2011 | Jun 2011 | Sep 2011 | Dec 2011 | Mar 2012 | Jun 2012 | Sep 2012 | Dec 2012 | Mar 2013 | Jun 2013 | Sep 2013 | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 56 | 61 | 102 | 171 | 174 | 168 | 179 | 209 | 202 | 212 | 230 | 267 | 287 | 282 | 286 | 292 | 276 | 272 | 288 | 307 |
| Operating expenses. What the business spent to run itself in the period, materials, staff and other costs, before depreciation, interest and tax. Operating expenses in the glossary | 42 | 44 | 67 | 117 | 133 | – | – | 157 | 149 | – | – | – | – | – | – | 226 | – | – | – | – |
| Materials and goods boughtCost of materials and goods. Raw materials used and goods bought for resale in the period, adjusted for the change in stock held. Cost of materials and goods in the glossary | 24 | 28 | 48 | 83 | 94 | 92 | 93 | 111 | 106 | 121 | 126 | 158 | 155 | 155 | 161 | 171 | 161 | 153 | 144 | 148 |
| Operating profit before depreciationOperating profit before depreciation (EBITDA). Revenue less operating expenses: what the business earns from its operations before depreciation, interest and tax. Operating profit before depreciation (EBITDA) in the glossary | 13 | 17 | 34 | 54 | 41 | – | – | 53 | 53 | – | – | – | – | – | – | 65 | – | – | – | – |
| Operating margin | 24.2% | 28.7% | 33.6% | 31.6% | 23.8% | – | – | 25.2% | 26.3% | – | – | – | – | – | – | 22.4% | – | – | – | – |
| 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 | 5 | 5 | 9 | 15 | 16 | – | – | 15 | 15 | – | – | – | – | – | – | 17 | – | – | – | – |
| 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 | 4 | 7 | 2 | 2 | 3 | 5 | 5 | 2 | 1 | 2 | 5 | 2 | 1 | 3 | 1 | 2 | 3 | 3 | 2 | 1 |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. Finance costs in the glossary | 1 | 1 | 11 | 23 | 23 | 24 | 23 | 23 | 23 | 21 | 21 | 21 | 23 | 25 | 28 | 27 | 27 | 27 | 27 | 26 |
| 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 | 11 | 19 | 16 | 18 | 5 | 0 | 17 | 16 | 17 | 10 | 32 | 18 | 25 | 15 | 32 | 23 | 14 | 12 | 35 | 34 |
| 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 | – | – | – | −10 | −12 | 0 | – | −5 | −10 | – | – | – | – | – | – | – | – | 11 | – | – |
| Profit before tax | 11 | 19 | 16 | 8 | −8 | 0 | 17 | 12 | 7 | 10 | 32 | 18 | 25 | 15 | 32 | 23 | 14 | 24 | 35 | 34 |
| 2 | −2 | 9 | 7 | −1 | −3 | 10 | 8 | 7 | 2 | 11 | 6 | 8 | 14 | 17 | 12 | 11 | 15 | 15 | 14 | |
| Tax rateEffective tax rate. Tax charged as a percentage of profit before tax. Effective tax rate in the glossary | 21.0% | −9.4% | 58.1% | 92.7% | – | – | 55.0% | 66.9% | 96.9% | 19.1% | 36.1% | 32.3% | 33.2% | 95.0% | 54.2% | 53.0% | 76.4% | 63.9% | 42.0% | 41.3% |
| Net profit | 9 | 21 | 7 | 1 | −6 | 3 | 8 | 4 | 0 | 8 | 20 | 12 | 16 | 1 | 15 | 11 | 3 | 9 | 20 | 20 |
| Net margin | 15.7% | 34.7% | 6.7% | 0.3% | −3.6% | 1.8% | 4.3% | 1.8% | 0.1% | 3.7% | 8.8% | 4.6% | 5.7% | 0.3% | 5.1% | 3.7% | 1.2% | 3.2% | 7.1% | 6.5% |
Earnings per share in rupees, restated for later splits and bonuses.
8 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
Peak revenue ₹1,126 Cr, year to Mar 2015; lowest ₹174 Cr, year to Mar 2008
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 2015
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
From revenue to net profit
- Revenue1,126
- Other income+7.9
- One-off items+11
- Finance costs−109
- Profit before tax93
- Tax−56
- Net profit37
Profit and loss
Standalone, ₹ crore, years to March. The last column is the twelve months to Sep 2015, the latest four quarters added.
| ₹ crore | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Sep 2015Twelve months |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 174 | 204 | 224 | 238 | 615 | 803 | 1,066 | 1,126 | 1,143 |
| 97 | 132 | 149 | 159 | – | – | – | – | – | |
| Materials and goods bought | 67 | 88 | 91 | 99 | 314 | 431 | 593 | 644 | 607 |
| Operating profit before depreciation | 77 | 72 | 76 | 79 | – | – | – | – | – |
| Operating margin | 44.3% | 35.4% | 33.7% | 33.3% | – | – | – | – | – |
| Depreciation and amortisation | 17 | 19 | 20 | 20 | – | – | – | – | – |
| Operating profit after depreciationOperating profit after depreciation (EBIT). Operating profit before depreciation, less depreciation and amortisation. Operating profit after depreciation (EBIT) in the glossary | 60 | 54 | 56 | 59 | – | – | – | – | – |
| Other income | 8 | 8 | 19 | 15 | 11 | 11 | 11 | 8 | 9 |
| Finance costs | 9 | 6 | 4 | 3 | 81 | 90 | 91 | 109 | 108 |
| Profit before one-off items and tax | – | 56 | 71 | 71 | 39 | 60 | 89 | 82 | 96 |
| One-off items | – | – | – | – | −23 | −14 | – | 11 | – |
| Profit before tax | 58 | 56 | 71 | 71 | 17 | 46 | 89 | 93 | 107 |
| 9 | 10 | 10 | 9 | 12 | 26 | 40 | 56 | 55 | |
| Net profit | 49 | 46 | 61 | 63 | 4 | 20 | 50 | 37 | 52 |
| Net margin | 28.3% | 22.6% | 27.1% | 26.4% | 0.7% | 2.4% | 4.7% | 3.3% | 4.6% |
Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the years to Mar 2012, Mar 2013, Mar 2014 and Mar 2015: the statement does not state its depreciation, which operating profit is worked out from, so operating profit is not given.
Ratios
Standalone, years to March.
| Ratio | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|
| 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 | – | 17.1% | 9.9% | 6.0% | 158.4% | 30.7% | 32.8% | 5.6% |
| Operating profit growthOperating profit growth. This year's operating profit before depreciation less last year's, divided by last year's, times 100; blank where last year's is not above nought. Operating profit growth in the glossary | – | −6.4% | 4.7% | 4.7% | – | – | – | – |
| Net profit growthNet profit growth. This year's net profit less last year's, divided by last year's, times 100; blank where last year's is not above nought. Net profit growth in the glossary | – | −6.5% | 31.8% | 3.2% | −93.2% | 357.6% | 153.2% | −25.0% |
| Interest coverInterest cover. Operating profit after depreciation divided by finance costs: how many times over the profit pays the interest bill. Interest cover in the glossary | 6.5 | 9.6 | 15.6 | 22.3 | – | – | – | – |
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 2015.
| Measure | 5 years | 3 years |
|---|---|---|
| Revenue growth, yearly rateRevenue growth, yearly rate. 3 years: Revenue in the latest year ÷ revenue in the year three years before, to the power of one third, − 1, × 100: the yearly rate it grew at; empty where either year is missing, nought or a loss, or a change of year end falls between them. 5 years: Revenue in the latest year ÷ revenue in the year five years before, to the power of one fifth, − 1, × 100: the yearly rate it grew at; empty where either year is missing, nought or a loss, or a change of year end falls between them. 10 years: Revenue in the latest year ÷ revenue in the year ten years before, to the power of one tenth, − 1, × 100: the yearly rate it grew at; empty where either year is missing, nought or a loss, or a change of year end falls between them. | 38.1% | 22.4% |
| Profit growth, yearly rateProfit growth, yearly rate. 3 years: Profit to the company's own shareholders in the latest year ÷ profit to the company's own shareholders in the year three years before, to the power of one third, − 1, × 100: the yearly rate it grew at; empty where either year is missing, nought or a loss, or a change of year end falls between them. 5 years: Profit to the company's own shareholders in the latest year ÷ profit to the company's own shareholders in the year five years before, to the power of one fifth, − 1, × 100: the yearly rate it grew at; empty where either year is missing, nought or a loss, or a change of year end falls between them. 10 years: Profit to the company's own shareholders in the latest year ÷ profit to the company's own shareholders in the year ten years before, to the power of one tenth, − 1, × 100: the yearly rate it grew at; empty where either year is missing, nought or a loss, or a change of year end falls between them. | −9.3% | 105.6% |
| 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. | 7.5% | 3.5% |
Accounting checks
Standalone, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.
| Check | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|
| Effective tax ratePublished threshold 17.16 per cent | 15.71 | 17.13 | 14.72 | 12.23 | 74.21 | 57.04 | 44.27 | 59.83 |
A threshold marked as ours has no published figure; it is the line we read the check against.
Where the return came from
Yearly rates to Mar 2015, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | +25.0% | – | – | 0.0% |
| 3 years | +37.4% | – | – | 0.0% |
| 5 years | +22.8% | – | – | 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.
Aditya Birla Chemicals (India) share price by year
Each calendar year to 2016.
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2016 | 225.25 | −3.9% | 235.45 | 222.55 |
| 2015 | 234.50 | +8.5% | 239.65 | 204.60 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. The 2016 close is its last trade, on 13 Jan 2016.
Recent sessions
The 10 trading days to 13 Jan 2016, as traded on BSE.
| Date | Open | High | Low | Close | Average price | Volume |
|---|---|---|---|---|---|---|
| 13 Jan 2016 | 222.65 | 232.45 | 218.10 | 225.25 | 224.49 | 15,923 |
| 12 Jan 2016 | 227.15 | 228.15 | 221.05 | 222.55 | 224.44 | 6,564 |
| 11 Jan 2016 | 225.05 | 229.75 | 220.00 | 228.00 | 225.05 | 10,998 |
| 8 Jan 2016 | 226.60 | 230.00 | 224.20 | 225.40 | 225.90 | 8,864 |
| 7 Jan 2016 | 234.95 | 234.95 | 225.00 | 226.00 | 226.71 | 12,352 |
| 6 Jan 2016 | 232.45 | 235.50 | 230.00 | 234.35 | 232.80 | 1,94,125 |
| 5 Jan 2016 | 232.70 | 234.90 | 227.50 | 228.95 | 231.74 | 33,421 |
| 4 Jan 2016 | 236.75 | 240.00 | 229.95 | 231.00 | 231.86 | 8,172 |
| 1 Jan 2016 | 235.10 | 237.90 | 234.00 | 235.45 | 236.00 | 10,626 |
| 31 Dec 2015 | 233.05 | 238.00 | 231.80 | 234.50 | 234.45 | 20,206 |
Prices in ₹ per share as traded, not adjusted.
Company details
- BSE code
- 500057
- ISIN
- INE605B01016
- Former symbols
- ABCIL, BCCL, BIHARCAUST
- CIN
- L24100JH1976PLC001255
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1976
- Registered office
- Garhwa Road, P O Rehla, Palamau 822124, Jharkhand
- Share registrar
- C B Management Services Pvt. Ltd
- Keeps the register of shareholders and handles transfers and dividend payments