Aditya Birla Nuvo (Delisted) share price

BSE: 500303

ADITYA BIRLA NUVO LTD. · Formerly Indian Rayon & Industries · Face value ₹10

Last traded ₹1,887.05 on 4 Jul 2017

Delisted on 10 Mar 2023.

Last announcements

The company's own last announcements before its shares stopped trading, routine notices left out.

Share price history

Daily closes since Jan 2016, BSE closes Jan 2007 to Jul 2010, adjusted for splits and bonuses. Earlier closes are left out: on 20 Jan 2016 the price changed in a way no corporate action on record explains.

Daily close, ₹ per share

Dividend

Results for the quarter to Mar 2017

Standalone: the listed company alone, without its subsidiaries. ₹ crore.

Revenue
₹1,461 Cr+22.9% on a year ago · +20.1% on the quarter before
Operating profit
₹71 Cr−52.4% on a year ago · −33.0% on the quarter before
Net profit
₹33 Cr−47.7% on a year ago · −50.3% on the quarter before
Earnings per share
₹2.50−47.8% on a year ago · −50.4% on the quarter before
Operating margin
4.9%
Net margin
2.2%

From revenue to net profit, ₹ crore

  1. Revenue1,461
  2. Operating expenses−1,390
  3. Operating profit71
  4. Depreciation−38
  5. Other income+46
  6. One-off items+16
  7. Finance costs−47
  8. Profit before tax47
  9. Tax−15
  10. Net profit33

Aditya Birla Nuvo results by quarter

Standalone: the listed company alone, without its subsidiaries. Latest quarter to Mar 2017. Results for the quarter to Jun 2017 were due by 14 Aug 2017, 45 days after it ends. Every company's dates are on the results calendar.

Revenue and net profit by quarter, ₹ crore

  • Revenue
  • Net profit
1,97269Jun 142,527263Sep 142,367112Dec 142,07184Mar 152,26897Jun 152,538205Sep 151,38794Dec 151,18962Mar 161,2301,103Jun 161,300145Sep 161,21766Dec 161,46133Mar 17

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
89.6%2.2%8.6%13.8%11.0%11.1%11.0%13.5%12.8%12.6%13.2%12.6%8.7%4.9%3.5%10.4%4.7%4.1%4.3%8.1%6.8%5.2%89.6%11.2%5.4%2.2%Jun 14Dec 14Jun 15Dec 15Jun 16Dec 16Mar 17
₹ croreJun 2012Sep 2012Dec 2012Mar 2013Jun 2013Sep 2013Dec 2013Mar 2014Jun 2014Sep 2014Dec 2014Mar 2015Jun 2015Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017
Revenue from operations2,0372,5622,7362,4201,7012,1322,2201,9671,9722,5272,3672,0712,2682,5381,3871,1891,2301,3001,2171,461
1,8442,3152,4952,2001,5571,8681,9591,7631,8022,1782,1071,8412,0192,1941,2101,0401,0681,1361,1111,390
Materials and goods bought1,1891,5811,7211,4608331,0471,1089439921,2871,2401,0431,1791,289814636633684652100
Employee costs143151154150––––––––––––––––
Other expenses511584621589––––––––––––––––
Operating profit before depreciation19324724122014426526120417034926023024934417714916316410671
Operating margin9.5%9.6%8.8%9.1%8.5%12.4%11.8%10.4%8.6%13.8%11.0%11.1%11.0%13.5%12.8%12.6%13.2%12.6%8.7%4.9%
Depreciation and amortisation5052576146514953464547524646303132313238
Other income212411159171127116333103122710652332561053546
Finance costs8796898964666869685965717175727062545147
Profit before one-off items and tax781241062292052751551459034816113414228898801251825731
One-off items––––24–––––––––50–1,120––16
Profit before tax7812410622922927515514590348161134142288148801,2451825747
20282146−24575247218549504582541814237−815
Tax rate25.4%22.2%19.9%19.9%−10.7%20.6%33.1%32.2%23.1%24.4%30.4%37.6%31.9%28.6%36.3%22.3%11.4%20.3%−14.4%31.1%
Net profit5896851842532181049869263112849720594621,1031456633
Net margin2.8%3.8%3.1%7.6%14.9%10.2%4.7%5.0%3.5%10.4%4.7%4.1%4.3%8.1%6.8%5.2%89.6%11.2%5.4%2.2%
Earnings per share–––––––––––––––₹4.79₹84.67₹11.17₹5.04₹2.50
Diluted earnings per share–––––––––––––––₹4.78₹84.56₹11.15₹5.03₹2.50
Earnings per share in rupees, restated for later splits and bonuses.

The quarters either side of a change of basis do not compare. From the quarter to Mar 2016, the company's revenue for the year to Mar 2016, ₹5,466 Cr, differs from its quarters added, ₹7,382 Cr.

10 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
3,924243Mar 084,786137Mar 094,827283Mar 106,445380Mar 118,433345Mar 129,755423Mar 138,020674Mar 148,938528Mar 155,466360Mar 165,2111,346Mar 17

Operating and net margin, per cent

  • Operating margin
  • Net margin
25.8%2.9%9.3%10.9%11.3%9.7%6.2%2.9%5.9%5.9%4.1%4.3%8.4%5.9%6.6%25.8%Mar 08Mar 10Mar 12Mar 14Mar 16Mar 17

The years either side of a change of basis do not compare. From the year to Mar 2016, the company's revenue for that year, ₹5,466 Cr, differs from its quarters added, ₹7,382 Cr.

Results for the year to Mar 2017

Standalone: the listed company alone, without its subsidiaries. ₹ crore.

From revenue to net profit

  1. Revenue5,211
  2. Operating expenses−4,707
  3. Operating profit504
  4. Depreciation−134
  5. Other income+242
  6. One-off items+1,136
  7. Finance costs−215
  8. Profit before tax1,532
  9. Tax−186
  10. Net profit1,346

Profit and loss

Standalone, ₹ crore, years to March.

₹ croreMar 2008Mar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017
Revenue from operations3,9244,7864,8276,4458,4339,7558,0208,9385,4665,211
–––––8,8487,1467,924–4,707
Materials and goods bought2,1312,5652,3913,5494,9975,9513,9314,5623,134287
Employee costs–––––597––––
Other expenses–––––2,300––––
Operating profit before depreciation–––––9078741,014–504
Operating margin–––––9.3%10.9%11.3%–9.7%
Materials, % of revenue–––––61.0%––––
Employee costs, % of revenue–––––6.1%––––
Other expenses, % of revenue–––––23.6%––––
Depreciation and amortisation–––––219199189119134
Operating profit after depreciation–––––688675825–370
Other income42327158190209371172140242
Finance costs179257334281313360267263280215
Profit before one-off items and tax–162320495534537780733–396
One-off items1–––−104–24––1,136
Profit before tax3151623204954305378047335031,532
Tax71253711585114130205143186
Net profit2431372833803454236745283601,346
Net margin6.2%2.9%5.9%5.9%4.1%4.3%8.4%5.9%6.6%25.8%
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the years to Mar 2014, Mar 2015 and Mar 2017 they do not, so they are left blank. Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the years to Mar 2008, Mar 2009, Mar 2010, Mar 2011 and Mar 2012: the statement does not state its 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 2016: revenue, other income and exceptional items less the total expenses stated do not come to the profit before tax the same statement states, so the operating expenses cannot be told apart from the rest.

Per share

Standalone, ₹ per share, years to March.

₹ per shareMar 2008Mar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017
––––––––₹27.66₹103.37
As stated that year₹26.05₹14.46₹28.81₹35.84₹30.43₹37.23₹54.30₹40.56₹27.66₹103.37
––––––––₹27.63₹103.25
Market cap at the year end (₹ crore)13,0164,2209,3619,24410,72211,07514,19621,65210,71219,776
Every year is restated for later splits and bonuses, so they do not break the line. The figure the company stated that year is under each line it differs from.

Ratios

Standalone, years to March.

RatioMar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017
Revenue growth22.0%0.9%33.5%30.9%15.7%−17.8%11.4%–−4.7%
Operating profit growth–––––−3.6%16.0%––
Net profit growth−43.5%106.2%34.0%−9.0%22.5%59.3%−21.7%–273.9%
Earnings per share growth––––––––273.7%
Interest cover––––1.92.53.1–1.7
Revenue growth and net profit growth are left blank for the year to Mar 2016: between the two periods the company restated its earlier figures, so the two are on different bases and the change is not worked out.

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 2017.

Measure10 years5 years3 years
Operating margin, average–10.3%10.5%
Net margin, average7.6%10.2%12.8%
Interest cover, average–2.32.4

Accounting checks

Standalone, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.

CheckMar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017
Effective tax ratePublished threshold 17.16 per cent15.3211.5223.3119.7321.2016.2128.00––
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 2017, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+84.6%+273.7%−50.6%0.0%
Longer windows are left empty: a corporate action or price step on 2016-01-20 that cannot be sized sits inside this window. Earnings growth over 1 year includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the year to Mar 2017.

Aditya Birla Nuvo share price by year

Each calendar year to 2017.

YearClose at year endChangeHighest closeLowest close
20171,887.05+47.3%1,920.951,255.05
20161,281.20–1,612.55697.35
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2016 is from its first session, 20 Jan 2016. The 2017 close is its last trade, on 4 Jul 2017.

Recent sessions

The 10 trading days to 4 Jul 2017, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
4 Jul 20171,919.001,936.801,872.501,887.051,893.7418,85,811
3 Jul 20171,867.701,930.451,844.501,920.951,895.835,87,357
30 Jun 20171,825.101,894.001,822.001,859.201,869.437,09,645
29 Jun 20171,815.701,834.001,803.701,819.951,822.7011,02,392
28 Jun 20171,806.001,816.951,791.501,804.451,803.156,79,929
27 Jun 20171,740.101,818.751,740.101,811.901,781.2512,10,622
23 Jun 20171,753.901,764.001,690.601,742.351,729.425,85,194
22 Jun 20171,686.001,764.901,682.051,740.501,721.6517,41,222
21 Jun 20171,705.801,710.001,681.001,685.201,691.321,57,866
20 Jun 20171,671.001,702.001,670.351,698.351,689.895,41,255
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.

Ex-dateEventPrice factorWhat happened
20 Jan 2016Price move–Between two trading sessions the price fell 47% or more, or rose 90% or more. The company made an announcement in time for trading that day or the trading day before. Earlier prices are not shown.
19 May 2009Price move–Between two trading sessions the price moved by a fifth or more. The Nifty 500 moved 5% or more the same way over the same sessions. Not adjusted for.
24 Oct 2008Price move–Between two trading sessions the price moved by a fifth or more. The Nifty 500 moved 5% or more the same way over the same sessions. Not adjusted for.
Where an event has no factor that can be worked out, the chart leaves out the closes before it. Any other event is noted and not adjusted for.

Company details

BSE code
500303
ISIN
INE069A01017
Former symbols
ABIRLANUVO, INDRAYON
CIN
L17199GJ1956PLC001107
Corporate identity number, the registrar of companies' code for it
Incorporated
1956
Registered office
Indian Rayon Compound, Veraval 362266, Gujarat
Share registrar
KFin Technologies Ltd
Keeps the register of shareholders and handles transfers and dividend payments