AVTIL Enterprise (Delisted) share price

BSE: 504390

AVTIL Enterprise Limited · Face value ₹10 · Listed Jan 1983

Last traded ₹6.42 on 18 Jun 2020

Delisted on 23 Mar 2021.

Last announcements

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

Share price history

Daily closes since May 2012, 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
₹0.17 Cr
Operating profit
−₹0.20 Cr
Net profit
−₹0.17 Cr
Earnings per share
−₹4.13
Operating margin
−114.6%
Net margin
−94.8%

From revenue to net profit, ₹ crore

  1. Revenue0.2
  2. Materials and goods−0.2
  3. Employee costs0.0
  4. Other expenses−0.2
  5. Operating profit−0.2
  6. Depreciation0.0
  7. Other income+0.1
  8. Finance costs0.0
  9. Profit before tax−0.2
  10. Tax0.0
  11. Net profit−0.2

AVTIL Enterprise 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
1.20.3Mar 180.60.0Jun 180.50.2Sep 181.20.1Dec 180.9−20Mar 190.50.0Jun 190.00.0Sep 1900.0Dec 19Mar 200−1.2Jun 200.0−0.1Sep 200.2−0.2Dec 20
Peak revenue ₹1.19 Cr, quarter to Dec 2018; lowest ₹0.00 Cr, quarter to Dec 2019A loss in 6 of the 11 quarters with results on record

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
33.4%−2,084.3%3.5%6.6%3.6%−2,083.3%−6.2%−111.7%−20.2%−114.6%26.6%5.9%33.4%4.7%−2,084.3%−4.5%−95.5%−321.8%−94.8%Mar 18Sep 18Mar 19Sep 19Mar 20Sep 20Dec 20
₹ croreMar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Q1Sep 2018Dec 2018Q3Mar 2019Jun 2019Q1Sep 2019Dec 2019Q3Mar 2020Jun 2020Q1Sep 2020Dec 2020Q3
Revenue from operations1.00.10.10.10.50.00.00.01.20.60.51.20.90.50.00.0–0.00.00.2
0.10.10.00.00.10.00.0––0.50.51.120.50.60.10.0–1.20.10.4
Materials and goods bought––––––––0.70.50.51.10.80.50.00.0–0.00.00.2
Employee costs0.00.00.00.00.00.00.0––0.00.00.00.00.00.00.0–0.00.00.0
Other expenses0.10.00.00.00.10.00.0––0.00.00.019.70.10.00.0–1.20.00.2
Operating profit before depreciation0.90.00.10.10.40.00.0––0.00.00.0−19.60.00.00.0–−1.20.0−0.2
Operating margin89.4%23.5%90.8%64.3%85.8%−20.3%30.3%––3.5%6.6%3.6%−2,083.3%−6.2%−111.7%–––−20.2%−114.6%
Depreciation and amortisation0.00.00.00.00.00.00.00.00.00.00.00.00.00.10.10.1–0.00.10.0
Other income––––0.10.00.00.00.00.00.20.00.00.10.10.1–0.00.00.1
Finance costs0.00.00.00.00.00.00.0––0.00.00.00.00.00.00.0–0.00.00.0
One-off items–––––––––0.00.00.00.00.00.00.0–0.00.00.0
Profit before tax0.90.00.10.00.50.00.00.00.50.00.20.1−19.60.00.00.0–−1.2−0.1−0.2
0.20.00.00.00.10.00.00.00.20.00.00.00.00.00.00.0–0.00.00.0
Tax rate22.8%25.0%8.3%20.0%21.1%16.7%20.0%13.8%32.8%25.9%3.2%25.7%––––––––
Net profit0.70.00.10.00.40.00.00.00.30.00.20.1−19.60.00.00.0–−1.2−0.1−0.2
Net margin67.8%2.8%71.3%26.9%81.5%13.2%94.7%68.4%26.6%5.9%33.4%4.7%−2,084.3%−4.5%−95.5%–––−321.8%−94.8%
Earnings per share––––₹10.03₹0.13₹0.90₹0.64₹7.68₹0.82₹4.32₹1.41−₹490.13−₹0.61−₹1.06₹0.64–−₹30.07−₹3.48−₹4.13
Earnings per share in rupees, restated for later splits and bonuses. No results on record for the quarter to Mar 2020.

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
2.31.8Mar 112.21.5Mar 122.41.6Mar 131.91.3Mar 142.01.3Mar 151.91.2Mar 160.60.5Mar 171.30.4Mar 183.4−1937,492Mar 190.71.30Mar 20
Peak revenue ₹3.36 Cr, year to Mar 2019; lowest ₹0.63 Cr, year to Mar 2017Back to profit in the year to Mar 2020, ₹1.31 Cr

Operating and net margin, per cent

  • Operating margin
  • Net margin
179.0%−577.2%97.3%96.9%91.7%87.2%57.3%36.4%−577.1%0.2%77.0%67.8%68.1%68.9%68.5%64.6%73.9%31.2%−577.2%179.0%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. Revenue0.7
  2. Materials and goods−0.6
  3. Employee costs0.0
  4. Other expenses−0.1
  5. Operating profit0.0
  6. Depreciation−0.2
  7. Other income+1.5
  8. One-off items0.0
  9. Finance costs0.0
  10. Profit before tax1.3
  11. Tax0.0
  12. Net profit1.3

What the company owns

  • Plant, investments and other assets₹5,58,010 Cr
  • Cash and bank₹3,21,947 Cr
  • Receivables₹1,13,862 Cr
  • Inventory₹1,309 Cr

What pays for it: net worth and liabilities

  • Net worth₹9,44,015 Cr
  • Other liabilities₹37,549 Cr
  • Owed to suppliers₹13,563 Cr

Profit and loss

Standalone, ₹ crore, years to March.

₹ croreMar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue from operations2.32.22.41.92.01.90.61.33.40.7
––0.10.10.20.20.30.822.70.7
Materials and goods bought–––0.0–0.1–0.72.90.6
Employee costs––0.00.00.00.00.00.00.00.0
Other expenses––0.00.00.20.20.20.119.80.1
Operating profit before depreciation––2.31.81.81.70.40.5−19.40.0
Operating margin––97.3%96.9%91.7%87.2%57.3%36.4%−577.1%0.2%
Materials, % of revenue–––0.1%–3.8%–53.4%85.9%77.3%
Employee costs, % of revenue––0.4%0.6%0.4%1.5%6.7%2.3%0.9%4.9%
Other expenses, % of revenue––2.1%2.4%8.4%8.3%28.5%7.9%590.3%17.6%
Depreciation and amortisation––0.10.10.10.10.10.10.00.2
Operating profit after depreciation––2.31.71.71.60.30.4−19.4−0.2
Other income0.10.1––––0.30.20.11.5
Finance costs0.20.20.20.10.00.00.00.00.00.0
One-off items––––––––0.00.0
Profit before tax2.21.92.01.61.71.60.60.5−19.31.3
0.40.40.40.30.30.30.10.20.10.0
Net profit1.81.51.61.31.31.20.50.4−19.41.3
Net margin77.0%67.8%68.1%68.9%68.5%64.6%73.9%31.2%−577.2%179.0%
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the years to Mar 2013, 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 2011 and Mar 2012: the statement does not state its depreciation, 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
8,13,4609,44,0158,09,791
Share capital40,00040,00040,000
Reserves7,73,4609,04,0157,69,791
37,492026,043
53,48521,04546,637
37,49230,0670
Total assets9,04,4369,95,1278,56,428
4,85,6155,46,9285,29,998
4,18,8214,48,1983,26,430
Net debt−2,29,821−3,21,947−2,90,832
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 2016, 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
0.00
0.00
1.17
Receivables1.14
Payables0.00
Other working capital0.03
Capital spending0.01
Free cash flow−0.01
−0.01
Cash from financing−0.04
Dividends paid0.00
Shares bought back0.00
Shares issued0.00
Net change in cash−0.05
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 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Earnings per share₹37.99₹40.57–––₹11.55₹9.99−₹484.27₹32.64
Diluted earnings per share₹37.99₹40.57–––₹11.55₹9.99−₹484.27₹32.64
Book value per share–––––––₹2,03,36,496.00₹2,36,00,369.50

Ratios

Standalone, years to March.

RatioMar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue growth22.3%−2.9%6.2%−20.4%3.0%−2.6%−67.1%105.3%161.6%−78.3%
Operating profit growth–––−20.8%−2.5%−7.4%−78.4%30.2%––
Net profit growth11.9%−14.5%6.8%−19.5%2.5%−8.2%−62.4%−13.4%––
Earnings per share growth––6.8%––––−13.5%––
––––––––0.0%0.0%
–––––––––0.0 pts
From the net margin–––––––––0.0 pts
From asset turnover–––––––––0.0 pts
From borrowing–––––––––0.0 pts
Return on capital employed––––––––0.0%0.0%
Interest cover––10.214.885.3113.942.2667.7––
Debt to equity––––––––0.050.00
Receivable days––––––––1,54,71,7125,69,93,243
Inventory days––––––––1,65,6578,47,652
Payable days––––––––51,48,38587,82,190
Cash conversion cycle, days––––––––1,04,88,9844,90,58,705
Working capital days––––––––1,06,60,4225,26,61,131
Asset turnover––––––––0.000.00
Assets per rupee of net worth––––––––1.111.08
Sales per rupee of plant––––––––0.000.00
Interest cover is left blank for the year to Mar 2020: operating profit after depreciation is a loss, and a loss covers no interest bill. No balance sheet is on record for the years to Mar 2011, Mar 2012, Mar 2013, Mar 2014, Mar 2015, Mar 2016, 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
0.0%
Measure10 years5 years3 years
Revenue growth, yearly rate−9.1%−17.9%5.3%
Profit growth, yearly rate−1.9%−0.5%41.4%
Return on equity, average––0.0%
Return on capital employed, average––0.0%
Operating margin, average–−79.2%−180.2%
Net margin, average12.2%−45.7%−122.3%
Asset turnover, average––0.00
Cash conversion cycle, days, average––2,97,73,844
Debt to equity, average––0.02

Accounting checks

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

CheckMar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Altman Z-scorePublished threshold 1.1––––––––14.8325.17
Receivables growth less revenue growthOur threshold 0 percentage points–––––––––58.31
Inventory growth less cost-of-goods growthOur threshold 0 percentage points–––––––––80.46
Other current assets growth less revenue growthOur threshold 5 per cent of revenue–––––––––4,31,363.14
Effective tax ratePublished threshold 17.16 per cent19.4620.7520.2119.9419.7421.5818.8027.32–−3.45
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, General Trading and Real Estate Activities, which carries all its revenue.

AVTIL Enterprise share price by year

Each calendar year to 2020.

YearClose at year endChangeHighest closeLowest close
20206.42+1.9%6.426.42
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2020 is from its first session, 18 Jun 2020. The change in 2020 is on the close at the end of 2012, the last year before it with a trade. The 2020 close is its last trade, on 18 Jun 2020.

Recent sessions

The 2 trading days to 18 Jun 2020, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
18 Jun 20206.426.426.426.426.4250
14 May 20126.306.306.306.306.3050
Prices in ₹ per share as traded, not adjusted.

Company details

BSE code
504390
ISIN
INE292N01018
CIN
L70100MH1982PLC027263
Corporate identity number, the registrar of companies' code for it
Incorporated
1982
Registered office
1/204, Navjivan Society, 2nd Floor, Lamington Road, Mumbai 400008, Maharashtra
Share registrar
Purva Sharegistry (India) Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments