Adhunik Metaliks (Delisted) share price
BSE: 532727
Adhunik Metaliks Ltd. · 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 Apr 2006
Last traded ₹0.50 on 29 Nov 2019
Delisted on 17 Nov 2020.
Last announcements
The company's own last announcements before its shares stopped trading, routine notices left out.
Nov 2020
9 Nov · Delisting
Members of the Exchange are hereby informed that the trading in the equity shares of Adhunik Metaliks Limited shall be withdrawn (delisted) w.e.f. November 17, 2020 pursuant to Resolution Plan approved by NCLT under Insolvency and Bankruptcy Code, 2016.
Sep 2020
Aug 2020
1 Aug · Legal
Exchange has sought clarification from Adhunik Metaliks Limited for the quarter ended 31-Mar-2020 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. On basis of above the Company is required to clarify the following: -1. Consolidated Financial Results not submitted The response of the Company is awaited.
Jul 2020
Q3 results, quarter to Dec 2018
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
- ₹0.00 Cr−100.0% on a year ago · −100.0% 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.
- Operating profitOperating 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 Cr
- Net profitNet profit. What is left of revenue and other income after every cost, interest and tax. Net profit in the glossary
- −₹125 Cr
- Earnings per shareEarnings per share. Profit belonging to shareholders divided by the number of shares, restated for later splits and bonuses so they do not break the line. Earnings per share in the glossary
- −₹10.13
From revenue to net profit, ₹ crore
- Revenue0.0
- Employee costs−6.8
- Other expenses−5.7
- Operating profit−13
- Depreciation−26
- Other income+0.4
- Finance costs−87
- Profit before tax−125
- Tax0.0
- Net profit−125
Adhunik Metaliks results by quarter
Standalone: the listed company alone, without its subsidiaries. Latest quarter to Dec 2018. Results for the quarter to Mar 2019 were due by 30 May 2019, 60 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 ₹226 Cr, quarter to Jun 2017; lowest ₹0.00 Cr, quarter to Dec 2018A loss in 12 of the 12 quarters shown
Operating and net margin by quarter, per cent
- Operating margin
- Net margin
| ₹ crore | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018Q1 | Sep 2018 | Dec 2018Q3 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 451 | 425 | 402 | 162 | 31 | 3 | 130 | 162 | 175 | 209 | 144 | 199 | 171 | 226 | 180 | 159 | 175 | 77 | 6 | 0 |
| 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 | – | 365 | – | 253 | 62 | 64 | 140 | 223 | 201 | 229 | 217 | 221 | 179 | 262 | 226 | 180 | 208 | 91 | 18 | 13 |
| 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 | 303 | 84 | 116 | – | 26 | – | – | 142 | 145 | 139 | 138 | 164 | 101 | 164 | 155 | 132 | 156 | 52 | 6 | 0 |
| Employee costsEmployee costs. Salaries, wages, bonuses and other benefits paid to staff in the period. Employee costs in the glossary | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 11 | 11 | 8 | 9 | 7 | 7 |
| Other expensesOther expenses. Every operating cost besides materials and staff: power, rent, freight, repairs, marketing and the like. Other expenses in the glossary | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 60 | 37 | 43 | 30 | 6 | 6 |
| Operating profit before depreciation | – | 60 | – | −91 | −31 | −61 | −10 | −61 | −26 | −20 | −74 | −22 | −8 | −36 | −46 | −21 | −33 | −15 | −12 | −13 |
| Operating margin | – | 14.0% | – | −55.8% | −102.0% | −2,257.0% | −7.3% | −37.7% | −14.7% | −9.7% | −51.3% | −10.9% | −4.9% | −15.9% | −25.7% | −13.0% | −18.7% | −19.0% | −215.7% | – |
| 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 | – | 27 | – | 23 | 26 | 26 | 34 | 34 | 34 | 33 | 34 | 29 | 29 | 28 | 24 | 26 | 25 | 26 | 26 | 26 |
| 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 | 5 | 2 | 8 | 2 | 0 | 2 | 0 | 3 | 5 | 1 | 5 | 1 | 3 | 1 | 3 | 3 | 2 | 1 | 0 | 0 |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. Finance costs in the glossary | 52 | 55 | 69 | 59 | 56 | 66 | 62 | 61 | 70 | 68 | 75 | 77 | 83 | 26 | 124 | 80 | 80 | 81 | 85 | 87 |
| 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 | 5 | −21 | −180 | −170 | −113 | −152 | −105 | −153 | −125 | −120 | −177 | −126 | −117 | −89 | −191 | −124 | −136 | −120 | −123 | −125 |
| 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 | – | – | – | – | – | – | – | – | −37 | −32 | −129 | – | −56 | −196 | −102 | – | −63 | 0 | −127 | 0 |
| Profit before tax | 5 | −21 | −180 | −170 | −113 | −152 | −105 | −153 | −162 | −152 | −307 | −126 | −174 | −285 | −293 | −124 | −199 | −120 | −250 | −125 |
| Tax | – | −11 | −65 | −54 | −30 | −57 | −34 | −46 | −50 | −49 | −103 | −37 | 301 | – | 5 | – | – | 0 | 0 | 0 |
| Net profit | 5 | −10 | −116 | −116 | −82 | −95 | −71 | −107 | −111 | −103 | −204 | −89 | −475 | −285 | −298 | −124 | −199 | −120 | −250 | −125 |
| Other comprehensive incomeOther comprehensive income. Gains and losses booked straight to net worth rather than through profit, such as changes in the value of some investments, pension plans and currency translation. Other comprehensive income in the glossary | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 0 | 0 | 0 |
| Total comprehensive incomeTotal comprehensive income. Net profit plus other comprehensive income. Total comprehensive income in the glossary | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | −119 | −250 | −125 |
| Net margin | 1.0% | −2.4% | −28.7% | −71.4% | −266.3% | −3,498.3% | −54.2% | −66.1% | −63.6% | −49.3% | −141.8% | −44.7% | −278.7% | −126.2% | −165.3% | −77.7% | −113.4% | −155.6% | −4,389.9% | – |
| Earnings per share | ₹0.37 | – | – | – | – | – | – | – | – | – | – | – | −₹38.48 | −₹23.06 | −₹24.12 | −₹10.03 | −₹16.08 | −₹9.69 | −₹20.26 | −₹10.13 |
Earnings per share in rupees, restated for later splits and bonuses.
10 years at a glance
Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to March, then June.
Revenue, net profit and borrowings, ₹ crore
- Revenue
- Net profit
- Borrowings
- Loss
A loss in 3 of the 8 years with results on record
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
The company moved its year end from March to June: its last year to March on record ended in Mar 2011, its first year to June in Jun 2013. The company moved its year end from June to March: its last year to June on record ended in Jun 2015, its first year to March in Mar 2017. The 9 months to Mar 2016 between them are one changeover period, not a year, and the yearly charts leave it out.
The years either side of a change of basis do not compare. From the year to Mar 2010, the company's revenue for that year, ₹1,275 Cr, differs from its quarters added, ₹1,238 Cr.
Results for the year to Mar 2018
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
From revenue to net profit
- Revenue740
- Operating expenses−876
- Operating profit−136
- Depreciation−104
- Other income+9.8
- One-off items−361
- Finance costs−309
- Profit before tax−900
- Tax−5.3
- Net profit−905
Profit and loss
Standalone, ₹ crore, years to March, then June. A column marked with its months is a changeover year, when the company moved its year end: it is not a twelve-month year. No results on record for the year to Jun 2012. The last column is the twelve months to Dec 2018, the latest four quarters added.
| ₹ crore | Mar 2009 | Mar 2010 | Mar 2011 | Jun 2012 | Jun 2013 | Jun 2014 | Jun 2015 | Mar 20169 months | Mar 2017 | Mar 2018 | Dec 2018Twelve months |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 1,178 | 1,275 | 1,444 | – | 1,672 | 1,691 | 598 | 467 | 722 | 740what Revenue from operations, Mar 2018, includes. This period's revenue includes excise duty of ₹20 crore, a tax on the goods the company makes that it collects and pays to the government. | 258 |
| 1,013 | 1,031 | 1,168 | – | 1,405 | 1,456 | 878 | 549 | 846 | 876 | 330 | |
| Materials and goods bought | 631 | 625 | 649 | – | 1,005 | 318 | 218 | 373 | 564 | 616 | 214 |
| Employee costs | – | – | – | – | – | – | – | – | – | – | 31 |
| Other expenses | – | – | – | – | – | – | – | – | – | – | 84 |
| Operating profit before depreciation | 165 | 244 | 275 | – | 267 | 235 | −280 | −82 | −124 | −136 | −72 |
| Operating margin | 14.0% | 19.1% | 19.1% | – | 16.0% | 13.9% | −46.9% | −17.6% | −17.2% | −18.3% | – |
| Depreciation and amortisation | 37 | 58 | 88 | – | 96 | 99 | 97 | 101 | 125 | 104 | 103 |
| Operating profit after depreciationOperating profit after depreciation (EBIT). Operating profit before depreciation, less depreciation and amortisation. Operating profit after depreciation (EBIT) in the glossary | 128 | 186 | 188 | – | 171 | 136 | −378 | −184 | −249 | −240 | −175 |
| Other income | 13 | – | 19 | – | 49 | 65 | 12 | 8 | 9 | 10 | 5 |
| Finance costs | 106 | 118 | 140 | – | 228 | 212 | 249 | 193 | 302 | 309 | 332 |
| Profit before one-off items and tax | 34 | 68 | 67 | – | −7 | −10 | −615 | −369 | −542 | −539 | −503 |
| One-off items | – | – | – | – | – | – | – | −51 | −218 | −361 | −191 |
| Profit before tax | 34 | 68 | 67 | – | −7 | −10 | −615 | −420 | −759 | −900 | −694 |
| Tax | 4 | 14 | 10 | – | −10 | −11 | −206 | −131 | 112 | 5 | – |
| Net profit | 30 | 54 | 57 | – | 3 | 0 | −409 | −289 | −871 | −905 | −694 |
| Net margin | 2.6% | 4.2% | 3.9% | – | 0.2% | 0.0% | −68.3% | −61.9% | −120.6% | −122.2% | – |
Ratios
Standalone, years to March, then June. A column marked with its months is a changeover year, when the company moved its year end: it is not a twelve-month year. A ratio that sets its sales or profit against the balance sheet is left blank for it.
| Ratio | Mar 2009 | Mar 2010 | Mar 2011 | Jun 2012 | Jun 2013 | Jun 2014 | Jun 2015 | Mar 20169 months | Mar 2017 | Mar 2018 |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 17.2% | – | 13.2% | – | – | 1.2% | −64.6% | – | – | 2.5% |
| 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 | 3.0% | – | 12.9% | – | – | −12.0% | – | – | – | – |
| 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 | −62.5% | 78.8% | 5.5% | – | – | −89.0% | – | – | – | – |
| Earnings per share growthEarnings per share growth. This year's earnings per share less last year's, on the same share count, divided by last year's, times 100; blank where last year's is not above nought. Earnings per share growth in the glossary | −62.6% | 45.5% | −4.2% | – | – | – | – | – | – | – |
| 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 | 1.2 | 1.6 | 1.3 | – | 0.8 | 0.6 | – | – | – | – |
Revenue growth and operating profit growth are left blank for the year to Mar 2010: between the two periods the company restated its earlier figures, so the two are on different bases and the change is not worked out. Interest cover is left blank for the years to Jun 2015, Mar 2016, Mar 2017 and Mar 2018: operating profit after depreciation is a loss, and a loss covers no interest bill.
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 2018.
| Measure | 3 years |
|---|---|
| Operating margin, averageOperating margin, average. 3 years: The plain average of the yearly operating 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 operating 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 operating profit margin over the last ten years, needing at least nine of them; a year without the figure is left out, never filled in. | −17.7% |
| 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. | −121.4% |
Accounting checks
Standalone, years to March, then June. Published tests of whether reported profit is backed by cash and the balance sheet.
| Check | Mar 2009 | Mar 2010 | Mar 2011 | Jun 2012 | Jun 2013 | Jun 2014 | Jun 2015 | Mar 2016 | Mar 2017 | Mar 2018 |
|---|---|---|---|---|---|---|---|---|---|---|
| Effective tax rateEffective tax rate. Tax charged as a percentage of profit before tax. Effective tax rate in the glossaryPublished threshold 17.16 per cent | 12.02 | 20.60 | 14.63 | – | – | – | – | – | – | – |
A threshold marked as ours has no published figure; it is the line we read the check against.
Business segments
In the quarter to Dec 2018 the company reports one business segment, IRON & STEEL MANUFACTURING, which carries all its revenue.
Where the return came from
Yearly rates to Mar 2018, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −49.6% | – | – | 0.0% |
| 3 years | −45.0% | – | – | 0.0% |
| 5 years | −34.8% | – | – | 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.
Adhunik Metaliks share price by year
Each calendar year to 2019.
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2019 | 0.50 | −76.7% | 3.35 | 0.45 |
| 2018 | 2.15 | −65.0% | 6.95 | 2.10 |
| 2017 | 6.15 | −9.6% | 8.60 | 3.60 |
| 2016 | 6.80 | −54.4% | 16.05 | 6.30 |
| 2015 | 14.90 | −27.7% | 24.85 | 14.45 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. The 2019 close is its last trade, on 29 Nov 2019.
Recent sessions
The 10 trading days to 29 Nov 2019, as traded on BSE.
| Date | Open | High | Low | Close | Average price | Volume |
|---|---|---|---|---|---|---|
| 29 Nov 2019 | 0.50 | 0.55 | 0.45 | 0.50 | 0.50 | 33,015 |
| 28 Nov 2019 | 0.45 | 0.50 | 0.45 | 0.50 | 0.50 | 23,806 |
| 27 Nov 2019 | 0.50 | 0.55 | 0.45 | 0.45 | 0.48 | 63,049 |
| 26 Nov 2019 | 0.55 | 0.60 | 0.50 | 0.50 | 0.52 | 31,438 |
| 25 Nov 2019 | 0.50 | 0.55 | 0.50 | 0.55 | 0.54 | 7,006 |
| 22 Nov 2019 | 0.50 | 0.60 | 0.50 | 0.50 | 0.55 | 5,673 |
| 21 Nov 2019 | 0.55 | 0.60 | 0.55 | 0.55 | 0.57 | 9,131 |
| 20 Nov 2019 | 0.50 | 0.60 | 0.50 | 0.55 | 0.57 | 24,218 |
| 19 Nov 2019 | 0.55 | 0.60 | 0.55 | 0.55 | 0.56 | 16,249 |
| 18 Nov 2019 | 0.55 | 0.65 | 0.55 | 0.55 | 0.57 | 14,483 |
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-date | Event | Price factor | What happened |
|---|---|---|---|
| 6 May 2016 | Price move | – | Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for. |
Each event is noted and not adjusted for.
Company details
- BSE code
- 532727
- ISIN
- INE400H01019
- Former symbols
- ADHUNIK
- Website
- www.libertysteelgroup.in
- CIN
- L28110OR2001PLC017271
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 2001
- Registered office
- 14, Chadri Hariharpur, PO Kuarmunda Sundargarh, 770039, Orissa
- Share registrar
- KFin Technologies Ltd
- Keeps the register of shareholders and handles transfers and dividend payments