Advanta (Delisted) share price

BSE: 532840

ADVANTA LIMITED · Formerly Advanta India · Face value ₹2 · Listed Apr 2007

Last traded ₹643.50 on 29 Jul 2016

Delisted on 8 Jan 2018.

Last announcements

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

Share price history

Daily closes since Jul 2013, BSE closes Apr 2007 to Jul 2007, Jul 2007 to Feb 2008, Feb 2008 to May 2008, May 2008 to Jul 2010 and Nov 2012 to Jul 2013, adjusted for splits and bonuses. Earlier closes are left out: on 5 Jul 2013 the price changed in a way no corporate action on record explains.

Daily close, ₹ per share

Results for the quarter to Mar 2016

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

Revenue
₹14 Cr
Operating profit
₹2.54 Cr
Net profit
₹36 Cr
Earnings per share
₹3.49
Operating margin
18.6%
Net margin
266.6%

From revenue to net profit, ₹ crore

  1. Revenue14
  2. Materials and goods−1.7
  3. Employee costs−2.0
  4. Other expenses−7.4
  5. Operating profit2.5
  6. Depreciation−2.7
  7. Other income+4.8
  8. Finance costs+49
  9. Profit before tax54
  10. Tax−17
  11. Net profit36

Advanta results by quarter

Standalone: the listed company alone, without its subsidiaries. Latest quarter to Mar 2016. Results for the quarter to Jun 2016 were due by 14 Aug 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
  • Loss
4514Jun 139.4−6.7Sep 1310−1.8Dec 13172.8Mar 14282.6Jun 14280.4Sep 1411−11Dec 141511Mar 15243.2Jun 152415Sep 15153.9Dec 151436Mar 16
A loss in 3 of the 12 quarters shown

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
266.6%−101.8%3.1%34.4%−29.5%6.8%39.6%34.2%−2.3%18.6%30.1%−71.2%−17.6%17.2%9.3%1.5%−101.8%68.9%13.3%64.3%26.6%266.6%Jun 13Dec 13Jun 14Dec 14Jun 15Dec 15Mar 16
₹ croreJun 2011Sep 2011Dec 2011Mar 2012Jun 2012Sep 2012Dec 2012Mar 2013Jun 2013Sep 2013Dec 2013Mar 2014Jun 2014Sep 2014Dec 2014Mar 2015Jun 2015Sep 2015Dec 2015Mar 2016
Revenue from operations53.345.825.456.412.19.117.017.845.59.410.516.528.227.710.815.423.823.614.713.7
––––7.97.60.913.2––10.2–18.5–14.014.314.415.515.111.1
Materials and goods bought31.812.57.12.65.33.7−4.93.324.44.44.03.87.210.86.16.19.49.78.81.7
Employee costs––––0.91.51.71.2––0.5–2.3–1.72.21.62.31.02.0
Other expenses––––1.62.44.18.7––5.6–8.9–6.26.03.43.65.37.4
Operating profit before depreciation––––4.21.516.14.5––0.3–9.7–−3.21.09.48.1−0.32.5
Operating margin––––34.8%16.6%94.8%25.6%––3.1%–34.4%–−29.5%6.8%39.6%34.2%−2.3%18.6%
Depreciation and amortisation––––2.22.11.62.3––2.4–2.4–2.42.72.72.72.62.7
Other income9.65.06.86.18.56.35.56.07.17.87.77.03.13.86.83.73.84.13.94.8
Finance costs21.56.56.29.412.75.08.58.76.710.97.06.36.18.26.9−14.15.3−15.2−5.6−49.2
Profit before one-off items and tax−3.917.713.7−6.0−2.10.711.5−0.513.7−6.7−1.42.84.30.3−5.816.25.324.76.653.9
One-off items––––––−2.9–––––––––––––
Profit before tax−3.917.713.7−6.0−2.10.78.6−0.513.7−6.7−1.42.84.30.3−5.816.25.324.76.653.9
Tax––1.8–––−1.8–––0.5–1.7−0.15.35.62.19.52.617.5
Tax rate––12.7%–––−20.5%–––––39.4%−17.3%–34.8%39.5%38.5%40.4%32.4%
Net profit−3.917.712.0−6.0−2.10.710.3−0.513.7−6.7−1.82.82.60.4−11.010.63.215.23.936.5
Net margin−7.4%38.7%47.2%−10.6%−17.6%8.1%60.7%−2.7%30.1%−71.2%−17.6%17.2%9.3%1.5%−101.8%68.9%13.3%64.3%26.6%266.6%
Earnings per share––––––––––––––−₹1.31₹1.25–₹1.64₹0.39₹3.49
Diluted earnings per share––––––––––––––−₹1.31––₹0.65₹0.02₹0.26
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 Dec 2012, the company's revenue for the year to Dec 2012, ₹103 Cr, differs from its quarters added, ₹95 Cr. From the quarter to Mar 2016, the company's revenue for the year to Mar 2016, ₹91 Cr, differs from its quarters added, ₹76 Cr.

9 years at a glance

Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to December, then March.

Revenue, net profit and borrowings, ₹ crore

  • Revenue
  • Net profit
  • Borrowings
  • Loss
10312Dec 071298.6Dec 08105−41Dec 09112−30Dec 1013914Dec 111032.9Dec 12834.6Dec 1383−5.2Dec 149169Mar 16
Back to profit in the year to Mar 2016, ₹69 CrA loss in 3 of the 9 years shown

Operating and net margin, per cent

  • Operating margin
  • Net margin
76.0%−39.5%18.4%5.8%22.9%23.0%21.7%22.8%11.8%6.7%−39.5%−26.6%10.2%2.9%5.6%−6.2%76.0%Dec 07Dec 09Dec 11Dec 13Mar 16

The company moved its year end from December to March: its last year to December on record ended in Dec 2014, its first year to March in Mar 2016.

The years either side of a change of basis do not compare. From the year to Dec 2012, the company's revenue for that year, ₹103 Cr, differs from its quarters added, ₹95 Cr. From the year to Mar 2016, the company's revenue for that year, ₹91 Cr, differs from its quarters added, ₹76 Cr.

Results for the year to Mar 2016

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

From revenue to net profit

  1. Revenue91
  2. Materials and goods−36
  3. Employee costs−9.0
  4. Other expenses−26
  5. Operating profit21
  6. Depreciation−13
  7. Other income+20
  8. Finance costs+79
  9. Profit before tax107
  10. Tax−37
  11. Net profit69

Profit and loss

Standalone, ₹ crore, years to December, then March.

₹ croreDec 2007Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Mar 2016
Revenue from operations103129105112139103838391
84121–––79646570
Materials and goods bought–5371676162362836
Employee costs–––––6589
Other expenses–––––11222926
Operating profit before depreciation197–––24191821
Operating margin18.4%5.8%–––22.9%23.0%21.7%22.8%
Materials, % of revenue–––––60.5%43.5%33.6%39.1%
Employee costs, % of revenue–––––5.8%6.5%9.7%9.9%
Other expenses, % of revenue–––––10.8%27.0%34.9%28.2%
Depreciation and amortisation69–––99913
Operating profit after depreciation13−1–––151097
Other income18335293127292120
Finance costs1122244748363328−79
Profit before one-off items and tax–11−43−2916652107
One-off items–––––−5–––
Profit before tax1911−43−2916152107
Tax61−2–2−20737
Net profit129−41−301435−569
Net margin11.8%6.7%−39.5%−26.6%10.2%2.9%5.6%−6.2%76.0%
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the years to Dec 2007 and Dec 2008 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 Dec 2009, Dec 2010 and Dec 2011: the statement does not state its depreciation, which operating profit is worked out from, so operating profit is not given.

Per share

Standalone, ₹ per share, years to December, then March.

₹ per shareDec 2007Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Mar 2016
–––––––−₹0.61₹7.29
As stated that year₹7.79₹5.09–−₹17.67₹8.42₹1.74–−₹0.61₹7.29
–––––––−₹0.61₹1.50
Market cap at the year end (₹ crore)2,1089349256533921,618–3,0065,034
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 December, then March.

RatioDec 2007Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Mar 2016
Revenue growth–25.1%−18.6%6.6%24.7%–−19.2%0.1%–
Operating profit growth–−60.5%––––−18.8%−5.5%–
Net profit growth–−29.7%–––−79.3%58.0%––
Interest cover1.1––––0.40.30.3−0.1
Interest cover is left blank for the year to Dec 2008: operating profit after depreciation is a loss, and a loss covers no interest bill. Revenue growth is left blank for the year to Dec 2012: between the two periods the company restated its earlier figures, so the two are on different bases and the change is not worked out.

Accounting checks

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

CheckDec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Mar 2016
Effective tax ratePublished threshold 17.16 per cent7.04––10.98−146.819.36396.45–
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 2016, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+15.0%––0.0%
Longer windows are left empty: a corporate action or price step on 2013-07-05 that cannot be sized sits inside this window. 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.

Advanta share price by year

Each calendar year to 2016.

YearClose at year endChangeHighest closeLowest close
2016643.50+44.7%655.95380.85
2015444.85+24.9%606.10331.05
₹ 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 29 Jul 2016.

Recent sessions

The 10 trading days to 29 Jul 2016, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
29 Jul 2016650.00655.00635.10643.50644.533,90,845
28 Jul 2016642.00648.00633.00640.55640.9756,417
27 Jul 2016609.70645.00609.70635.95632.4377,760
26 Jul 2016612.00623.95601.05605.70614.6013,850
25 Jul 2016620.00620.00605.00608.10610.0135,377
22 Jul 2016588.00617.70580.00615.55604.2864,304
21 Jul 2016580.00591.85574.05588.75584.6337,578
20 Jul 2016578.00581.00571.30578.20577.5614,512
19 Jul 2016585.45585.95571.05576.40576.2420,195
18 Jul 2016583.40590.00575.55581.80586.054,761
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
5 Jul 2013Price move–Between two trading sessions the price fell 47% or more, or rose 90% or more. No corporate action is on record. Earlier prices are not shown.
Where an event has no factor that can be worked out, the chart leaves out the closes before it.

Company details

BSE code
532840
ISIN
INE517H01028
Former symbols
ADVANTA
CIN
L01119AP1994PLC063664
Corporate identity number, the registrar of companies' code for it
Incorporated
1994
Registered office
Krishnama House, #8-2-418, 4th Floor, Road No. 7, Banjara Hills, Hyderabad 500034, Telangana
Share registrar
Link Intime India Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments