Advent Computer Services (Delisted) share price

BSE: 531429IT - Software

Advent Computer Services ltd. · Face value ₹10 · Listed Feb 1996

Last traded ₹2.82 on 28 Feb 2022

Delisted on 27 Nov 2024.

Last announcements

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

Share price history

Daily closes since Jan 2007, adjusted for splits and bonuses

Daily close, ₹ per share

Q3 results, quarter to Dec 2020

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

Revenue
₹0.00 Cr
Operating profit
−₹0.08 Cr
Net profit
−₹0.08 Cr
Earnings per share
−₹0.05

From revenue to net profit, ₹ crore

  1. Revenue0.0
  2. Employee costs0.0
  3. Other expenses−0.1
  4. Operating profit−0.1
  5. Depreciation0.0
  6. Other income0.0
  7. Finance costs0.0
  8. Profit before tax−0.1
  9. Tax0.0
  10. Net profit−0.1

Advent Computer Services results by quarter

Standalone: the listed company alone, without its subsidiaries. Latest quarter to Dec 2020. Results for the quarter to Mar 2021 were due by 30 May 2021, 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
0.1−0.2Mar 180.0−0.1Jun 180.1−0.1Sep 180−0.1Dec 18Mar 190−0.1Jun 190−0.1Sep 1900.0Dec 1900.0Mar 2000.0Jun 2000.0Sep 200−0.1Dec 20
Peak revenue ₹0.09 Cr, quarter to Sep 2018; lowest ₹0.00 Cr, quarter to Dec 2018A loss in 11 of the 11 quarters with results on record

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
−89.6%−486.0%−270.9%−89.6%−486.0%−273.0%−90.5%Mar 18Sep 18Mar 19Sep 19Mar 20Sep 20Dec 20
₹ croreJun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Q1Sep 2018Dec 2018Q3Filed 2 FebMar 2019Jun 2019Q1Sep 2019Dec 2019Q3Mar 2020Jun 2020Q1Sep 2020Dec 2020Q3
Revenue from operations0.140.130.090.100.11––0.050.040.090.00–0.000.000.000.000.000.000.00
––––––––0.140.170.12–0.060.060.040.030.020.030.08
Materials and goods bought––––––––0.000.000.00–0.000.000.000.000.000.000.00
Employee costs––––––––0.020.020.02–0.020.020.020.020.020.020.02
Other expenses––––––––0.120.150.10–0.040.040.020.010.000.010.06
Operating profit before depreciation––––––––−0.10−0.08−0.12–−0.06−0.06−0.04−0.03−0.02−0.03−0.08
Operating margin––––––––−270.9%−89.6%–––––––––
Depreciation and amortisation0.020.000.000.000.000.000.000.000.000.000.00–0.000.000.000.000.000.000.00
Other income–––––––0.050.000.000.00–0.000.000.000.000.000.000.00
Finance costs––––––––0.000.000.00–0.000.000.000.000.000.000.00
One-off items––––––––0.000.000.00–0.000.000.000.000.000.000.00
Profit before tax0.000.000.00–0.00−0.18−0.10−0.24−0.10−0.08−0.12–−0.06−0.06−0.04−0.03−0.02−0.03−0.08
Tax––––––––0.000.000.00–0.000.000.000.000.000.000.00
Net profit0.000.000.00–0.00−0.18−0.10−0.24−0.10−0.08−0.12–−0.06−0.06−0.04−0.03−0.02−0.03−0.08
Net margin1.4%1.6%1.1%–2.8%––−486.0%−273.0%−90.5%–––––––––
Earnings per share––––––−₹0.06−₹0.15−₹0.12−₹0.05−₹0.07–−₹0.04−₹0.04−₹0.03−₹0.02−₹0.01−₹0.01−₹0.05
Earnings per share in rupees, restated for later splits and bonuses. No results on record for the quarters to Mar 2016 and Mar 2019.

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
  • Loss
0.3−0.1Mar 110.2−0.2Mar 120.3−0.1Mar 130.30.0Mar 140.30.0Mar 15Mar 160.50.0Mar 170.1−0.5Mar 180.1−0.42.6Mar 190−0.22.6Mar 20
Peak revenue ₹0.46 Cr, year to Mar 2017; lowest ₹0.00 Cr, year to Mar 2020A loss in 6 of the 9 years with results on record

Operating and net margin, per cent

  • Operating margin
  • Net margin
1.3%−481.5%−406.4%−27.1%−88.2%−18.9%1.2%1.3%0.9%−481.5%−409.0%Mar 11Mar 13Mar 15Mar 17Mar 19Mar 20

Results for the year to Mar 2020

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

From revenue to net profit

  1. Revenue0.0
  2. Employee costs−0.1
  3. Other expenses−0.1
  4. Operating profit−0.2
  5. Depreciation0.0
  6. Other income0.0
  7. One-off items0.0
  8. Finance costs0.0
  9. Profit before tax−0.2
  10. Tax0.0
  11. Net profit−0.2

What the company owns

  • Plant, investments and other assets₹17 Cr
  • Receivables₹1 Cr
  • Cash and bank₹0 Cr

What pays for it: net worth and liabilities

  • Net worth₹14 Cr
  • Borrowings₹3 Cr
  • Other liabilities₹1 Cr

Profit and loss

Standalone, ₹ crore, years to March. No results on record for the year to Mar 2016. The last column is the twelve months to Dec 2020, the latest four quarters added.

₹ croreMar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Dec 2020Twelve months
Revenue from operations0.260.190.280.260.31–0.460.110.110.000.00
––––––––0.540.190.16
Materials and goods bought––––––––0.000.000.00
Employee costs––––––––0.080.080.08
Other expenses––––––––0.460.110.08
Operating profit before depreciation––––––––−0.43−0.19−0.16
Operating margin––––––––−406.4%––
Materials, % of revenue––––––––0.0%––
Employee costs, % of revenue––––––––72.0%––
Other expenses, % of revenue––––––––434.3%––
Depreciation and amortisation0.050.030.020.020.02–0.000.000.000.000.00
Operating profit after depreciation––––––––−0.44−0.20−0.16
Other income0.000.00–––––0.050.000.000.00
Finance costs––––––––0.000.000.00
One-off items––––––––0.000.000.00
Profit before tax−0.07−0.17−0.050.000.01–0.01−0.52−0.44−0.19−0.16
Tax––––0.00–0.00–0.000.000.00
Net profit−0.07−0.17−0.050.000.00–0.00−0.52−0.44−0.19−0.16
Net margin−27.1%−88.2%−18.9%1.2%1.3%–0.9%−481.5%−409.0%––
Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the years to Mar 2011, Mar 2012, Mar 2013, Mar 2014, Mar 2015, Mar 2017 and Mar 2018: the statement does not state its finance costs, which operating profit is worked out from, so operating profit is not given.

Balance sheet

Standalone, ₹ crore, at 31 March. The last column is the half year to Sep 2020, after the latest full year: the balance sheet at its end.

₹ croreMar 2019Mar 2020Sep 2020Half year
14.514.314.3
Share capital16.316.316.3
Reserves−1.7−1.9−2.0
Borrowings2.62.62.7
0.70.70.7
2.82.92.9
Total assets18.017.917.8
17.017.017.0
1.00.90.9
Net debt2.52.62.6
Borrowings are counted again inside the liabilities due within a year and after a year. Plant in use and plant being built are given for full years only. No balance sheet is on record for the years to Mar 2011, Mar 2012, Mar 2013, Mar 2014, Mar 2015, Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.

Cash flow

Standalone, ₹ crore, years to March. The last column is the half year to Sep 2020, after the latest full year: the cash flow over its six months.

₹ croreSep 2020Half year
−0.02
0.02
Payables0.00
Other working capital0.03
Capital spending0.00
Free cash flow−0.02
Cash from investing0.00
Cash from financing0.01
Dividends paid0.00
Shares bought back0.00
Shares issued0.00
Net change in cash−0.01
Capital spending is part of cash from investing, and dividends paid, shares bought back and shares issued are part of cash from financing. Each is shown as an amount on a line of its own, and the section's other items are in its total only.

Per share

Standalone, ₹ per share, years to March.

₹ per shareMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Earnings per share–––––−₹0.32−₹0.27−₹0.12
Diluted earnings per share–––––−₹0.32−₹0.27–
Book value per share––––––₹8.93₹8.81
Market cap at the year end (₹ crore)3.16–––––3.162.16

Ratios

Standalone, years to March.

RatioMar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue growth12.9%−28.6%47.1%−5.5%20.4%––−76.4%−1.0%−100.0%
Net profit growth––––33.3%–––––
Return on equity––––––––−3.0%–
Return on capital employed––––––––−2.6%−1.2%
Debt to equity––––––––0.180.18
Receivable days––––––––2,988–
Working capital days––––––––819–
Asset turnover––––––––0.010.00
Assets per rupee of net worth––––––––1.241.24
Sales per rupee of plant––––––––1.580.00
No balance sheet is on record for the years to Mar 2011, Mar 2012, Mar 2013, Mar 2014, Mar 2015, Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.

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 2020.

Return on assets, latest year
−1.1%
Measure3 years
Return on capital employed, average−1.9%
Net margin, average−445.2%
Asset turnover, average0.00
Debt to equity, average0.18

Accounting checks

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

CheckMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Altman Z-scorePublished threshold 1.1––––4.023.90
Receivables growth less revenue growthOur threshold 0 percentage points–––––93.86
Effective tax ratePublished threshold 17.16 per cent20.00–20.00–––
A threshold marked as ours has no published figure; it is the line we read the check against.

Business segments

In the year to Mar 2020 the company reports one business segment, SOFTWARE DEVELOPMENT AND SERVICES, which carries all its revenue.

Where the return came from

Yearly rates to Mar 2020, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−31.4%––0.0%
3 years−20.2%––0.0%
5 years−15.9%––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.

Advent Computer Services share price by year

Each calendar year to 2022.

YearClose at year endChangeHighest closeLowest close
20222.82+20.0%3.112.46
20212.35+62.1%4.441.37
20201.45−15.7%1.770.90
20191.72−28.6%2.880.68
20182.41+21.7%2.941.49
20171.98−58.3%4.521.39
20164.75+19.9%6.352.61
20153.96−34.0%6.802.49
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. The close is the year's last trade for 2022 (28 Feb 2022) and 2019 (18 Dec 2019).

Recent sessions

The 10 trading days to 28 Feb 2022, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
28 Feb 20222.822.822.822.822.824,368
21 Feb 20223.113.112.962.963.029,762
14 Feb 20223.053.113.003.113.0718,371
7 Feb 20222.973.112.973.113.1024,200
31 Jan 20222.972.972.692.972.8570,839
24 Jan 20222.702.832.702.832.8275,748
17 Jan 20222.702.702.702.702.705,677
10 Jan 20222.582.582.582.582.586,223
3 Jan 20222.352.462.352.462.465,212
27 Dec 20212.352.352.352.352.357,350
Prices in ₹ per share as traded, not adjusted.

Company details

BSE code
531429
ISIN
INE101C01022
Industry
IT - Software
CIN
L33111TN1984PLC010675
Corporate identity number, the registrar of companies' code for it
Incorporated
1984
Registered office
K22, 7th floor, Swathi Tower, Durgabai Deshmukh Road, R A Puram, Chennai 600028, Tamil Nadu
Share registrar
Bigshare Services Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments