Bala Techno Industries (Delisted) share price

BSE: 514199

Bala Techno Industries Limited · Face value ₹10 · Listed Nov 2000

Last traded ₹1.07 on 14 Mar 2017

Delisted on 11 May 2018.

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

Results for the quarter to Sep 2015

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

Revenue
₹18 Cr−54.4% on a year ago · +361.6% on the quarter before
Operating profit
₹0.63 Cr−62.8% on a year ago · +112.5% on the quarter before
Net profit
−₹0.57 Cr
Earnings per share
−₹0.82
Operating margin
3.4%
Net margin
−3.1%

From revenue to net profit, ₹ crore

  1. Revenue18
  2. Materials and goods−16
  3. Employee costs−0.6
  4. Other expenses−1.5
  5. Operating profit0.6
  6. Depreciation−0.1
  7. Other income0.0
  8. Finance costs−1.1
  9. Profit before tax−0.6
  10. Net profit−0.6

Bala Techno Industries results by quarter

Standalone: the listed company alone, without its subsidiaries. Latest quarter to Sep 2015. Results for the quarter to Dec 2015 were due by 14 Feb 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
800.8Dec 12370.0Mar 136.40.0Jun 13130.0Sep 13380.0Dec 1398−0.1Mar 1417−0.7Jun 14410.5Sep 14170.3Dec 14150−0.3Mar 154.0−0.9Jun 1518−0.6Sep 15
Peak revenue ₹150 Cr, quarter to Mar 2015; lowest ₹4.00 Cr, quarter to Jun 2015A loss in 5 of the 12 quarters shown

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
20.6%−21.9%2.7%3.5%20.6%10.0%3.1%2.8%4.2%9.2%0.6%7.4%3.4%1.1%0.1%0.2%0.1%0.0%−0.1%−4.3%1.1%1.8%−0.2%−21.9%−3.1%Dec 12Jun 13Dec 13Jun 14Dec 14Jun 15Sep 15
₹ croreDec 2010Mar 2011Jun 2011Sep 2011Dec 2011Mar 2012Jun 2012Sep 2012Dec 2012Mar 2013Jun 2013Sep 2013Dec 2013Mar 2014Jun 2014Sep 2014Dec 2014Mar 2015Jun 2015Sep 2015
Revenue from operations5769538851380376133898174117150418
47584376–12783651237–173915149418
Materials and goods bought272613532975322103593153613147216
Employee costs011101–111111–111011
Other expenses122222–223212–222211
Operating profit before depreciation111111–121111–022101
Operating margin20.8%1.8%12.2%25.7%3.3%17.6%–10.2%2.7%3.5%20.6%10.0%3.1%–2.8%4.2%9.2%0.6%7.4%3.4%
Depreciation and amortisation000000–000000–000000
Other income00000000000000000000
Finance costs11111111111111111111
Profit before tax000000−10100000−1000−1−1
Tax–00000–––0–000–––0––
Tax rate–235.3%40.0%50.0%33.3%50.0%–––––33.3%30.8%–––––––
Net profit000000−10100000−1000−1−1
Net margin0.0%0.0%0.0%0.0%0.1%0.0%−17.0%0.1%1.1%0.1%0.2%0.1%0.0%−0.1%−4.3%1.1%1.8%−0.2%−21.9%−3.1%
Earnings per share––––₹0.03–−₹1.15₹0.01₹1.20₹0.03₹0.01₹0.01₹0.01−₹0.12−₹1.07₹0.65₹0.44−₹0.43−₹1.25−₹0.82
Earnings per share in rupees, restated for later splits and bonuses.

7 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
700.4Mar 091120.2Mar 101220.0Mar 11600.0Mar 121350.1Mar 13157−0.1Mar 14225−0.3Mar 15
Peak revenue ₹225 Cr, year to Mar 2015; lowest ₹60 Cr, year to Mar 2012A loss in 2 of the 7 years shown

Operating and net margin, per cent

  • Operating margin
  • Net margin
8.4%−0.1%4.9%3.9%3.6%8.4%3.9%2.1%0.6%0.2%0.0%0.0%0.0%0.0%−0.1%Mar 09Mar 10Mar 11Mar 12Mar 13Mar 14Mar 15

Results for the year to Mar 2015

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

From revenue to net profit

  1. Revenue225
  2. Materials and goods−210
  3. Employee costs−2.7
  4. Other expenses−7.7
  5. Operating profit4.7
  6. Depreciation−0.4
  7. Other income0.0
  8. Finance costs−4.5
  9. Profit before tax−0.2
  10. Tax−0.1
  11. Net profit−0.3

Profit and loss

Standalone, ₹ crore, years to March. The last column is the twelve months to Sep 2015, the latest four quarters added.

₹ croreMar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Sep 2015Twelve months
Revenue from operations7011212260135157225189
6610811755129–220186
Materials and goods bought6010010845118140210177
Employee costs00223–32
Other expenses67789–87
Operating profit before depreciation34455–53
Operating margin4.9%3.9%3.6%8.4%3.9%–2.1%1.8%
Materials, % of revenue86.8%89.5%89.0%75.0%87.6%–93.3%93.5%
Employee costs, % of revenue0.4%0.3%1.8%3.9%2.0%–1.2%1.1%
Other expenses, % of revenue7.9%6.3%5.5%12.6%6.5%–3.4%3.6%
Depreciation and amortisation11111–00
Operating profit after depreciation34455–43
Other income00000000
Finance costs34455444
Profit before tax0000000−1
Tax0000000–
Net profit0000000−1
Net margin0.6%0.2%0.0%0.0%0.0%0.0%−0.1%−0.8%
Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the year to Mar 2014: 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 March.

₹ per shareMar 2012Mar 2013Mar 2014Mar 2015
Earnings per share₹0.04₹0.09−₹0.08−₹0.41
Market cap at the year end (₹ crore)0.911.490.601.59

Ratios

Standalone, years to March.

RatioMar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015
Revenue growth–61.0%8.6%−50.6%123.6%16.3%43.5%
Operating profit growth–26.2%1.8%15.2%3.4%––
Net profit growth–−42.8%−97.7%420.0%146.2%––
Earnings per share growth––––125.0%––
Interest cover1.11.00.91.01.0–0.9

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 2015.

Measure5 years3 years
Revenue growth, yearly rate14.9%55.1%
Operating margin, average4.5%3.0%
Net margin, average0.0%0.0%
Interest cover, average0.91.0

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 2015
Effective tax ratePublished threshold 17.16 per cent3.2515.9191.8433.33−77.78356.52–
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 2015, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+165.1%––0.0%
3 years+20.6%––0.0%
5 years+1.7%––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. Earnings growth over 1 and 3 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.

Bala Techno Industries share price by year

Each calendar year to 2017.

YearClose at year endChangeHighest closeLowest close
20171.07−7.0%1.101.07
20161.15−27.2%2.181.00
20151.58+13.7%3.881.33
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2017 is from its first session, 13 Feb 2017. The close is the year's last trade for 2017 (14 Mar 2017) and 2016 (12 Dec 2016).

Recent sessions

The 10 trading days to 14 Mar 2017, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
14 Mar 20171.151.151.051.07–93
13 Feb 20171.101.101.101.101.10200
12 Dec 20161.151.151.151.151.15100
3 Oct 20161.211.211.211.211.21100
6 Sep 20161.271.271.271.271.27100
2 Sep 20161.331.331.331.331.331,075
24 Aug 20161.401.401.401.401.406,000
18 Aug 20161.401.401.401.401.402,000
17 Aug 20161.411.411.411.411.412,051
16 Aug 20161.481.481.481.481.481,051
Prices in ₹ per share as traded, not adjusted.

Company details

BSE code
514199
ISIN
INE653B01016
CIN
L17299WB1990PLC049886
Corporate identity number, the registrar of companies' code for it
Incorporated
1990
Registered office
Falta Industrial Growth Centre, Plot No. B4 & B5 Sector III, 24 Paragans South, 743504, West Bengal
Share registrar
Niche Technologies Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments