Birdhi Chand Pannalal Agencies (Delisted) share price

BSE: 538364Textiles & Apparels

Birdhi Chand Pannalal Agencies Limited · Face value ₹1 · Listed May 2014

Last traded ₹0.47 on 13 Aug 2019

Delisted on 13 Jul 2022.

Last announcements

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

  1. Dec 2021

  2. Nov 2021

  3. Feb 2021

  4. Dec 2020

Share price history

Daily closes since Jul 2015, adjusted for splits and bonuses. Earlier closes are left out: on 2 Jul 2015 the price changed in a way no corporate action on record explains.

Daily close, ₹ per share

Q3 results, quarter to Dec 2019

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

Revenue
₹8.07 Cr
Operating profit
₹0.09 Cr
Net profit
₹0.09 Cr
Earnings per share
₹0.02
Operating margin
1.1%
Net margin
1.1%

From revenue to net profit, ₹ crore

  1. Revenue8.1
  2. Materials and goods−7.9
  3. Employee costs0.0
  4. Other expenses−0.1
  5. Operating profit0.1
  6. Depreciation0.0
  7. Other income0.0
  8. Finance costs0.0
  9. Profit before tax0.1
  10. Tax0.0
  11. Net profit0.1

Birdhi Chand Pannalal Agencies results by quarter

Standalone: the listed company alone, without its subsidiaries. Latest quarter to Dec 2019. Results for the quarter to Mar 2020 were due by 30 May 2020, 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
8.8−2.3Mar 17160.3Jun 17120.0Sep 17140.0Dec 176.8−0.4Mar 180−0.1Jun 1800.0Sep 1800.0Dec 1800.0Mar 1900.0Jun 1900.0Sep 198.10.1Dec 19
Peak revenue ₹16 Cr, quarter to Jun 2017; lowest ₹0.00 Cr, quarter to Jun 2018Back to profit in the quarter to Dec 2019, ₹0.09 Cr

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
1.8%−26.5%−26.5%1.8%0.4%−5.9%1.1%−26.5%1.8%0.3%−0.1%−6.3%1.1%Mar 17Sep 17Mar 18Sep 18Mar 19Sep 19Dec 19
₹ croreMar 2015Jun 2015Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Q1Sep 2018Dec 2018Q3Mar 2019Jun 2019Q1Sep 2019Dec 2019Q3
Revenue from operations2.2–14.56.5–0.32.5–8.815.812.113.76.80.00.00.00.00.00.08.1
––––––––11.215.512.0–7.20.10.00.00.00.00.08.0
Materials and goods bought2.1–14.36.4––––10.215.411.913.66.80.00.00.00.00.00.07.9
Employee costs–––––––––0.00.1–0.00.00.00.00.00.00.00.0
Other expenses–––––––––0.10.1–0.40.00.00.00.00.00.00.1
Operating profit before depreciation––––––––−2.30.30.0–−0.4−0.10.00.00.00.00.00.1
Operating margin––––––––−26.5%1.8%0.4%–−5.9%––––––1.1%
Depreciation and amortisation––0.00.0–0.00.00.00.00.00.00.00.00.00.00.00.00.00.00.0
Other income––––––––0.0–––0.00.00.00.00.00.00.00.0
Finance costs––––––––0.00.00.0–0.00.00.00.00.00.00.00.0
One-off items––––––––––––0.00.00.00.00.00.00.00.0
Profit before tax0.0–0.10.0–0.02.4−0.1−2.30.30.00.0−0.4−0.10.00.00.00.00.00.1
––––––––0.0–––0.00.00.00.00.00.00.00.0
Tax rate–––––––––––––––––––0.0%
Net profit0.0–0.10.0–0.02.4−0.1−2.30.30.00.0−0.4−0.10.00.00.00.00.00.1
Net margin−1.0%–0.5%−0.6%–3.2%97.0%–−26.5%1.8%0.3%−0.1%−6.3%––––––1.1%
Earnings per share––₹0.00−₹0.01––––−₹0.60₹0.07₹0.01–−₹0.11−₹0.02−₹0.01−₹0.01−₹0.01−₹0.01−₹0.01₹0.02
Earnings per share in rupees, restated for later splits and bonuses. No results on record for the quarters to Jun 2015 and Mar 2016.

6 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
0.2−0.2Mar 142.60.0Mar 15Mar 16120.0Mar 1748−0.11.7Mar 180−0.21.2Mar 19
Peak revenue ₹48 Cr, year to Mar 2018; lowest ₹0.00 Cr, year to Mar 2019A loss in 3 of the 5 years with results on record

Operating and net margin, per cent

  • Operating margin
  • Net margin
0.5%−99.5%0.3%−0.2%−99.5%0.5%0.2%−0.3%Mar 14Mar 15Mar 16Mar 17Mar 18Mar 19

Results for the year to Mar 2019

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

  • Inventory₹26 Cr
  • Receivables₹19 Cr
  • Plant, investments and other assets₹14 Cr
  • Cash and bank₹0 Cr

What pays for it: net worth and liabilities

  • Owed to suppliers₹46 Cr
  • Other liabilities₹6 Cr
  • Net worth₹6 Cr
  • Borrowings₹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 2019, the latest four quarters added.

₹ croreMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Dec 2019Twelve months
Revenue from operations0.22.6–11.648.40.08.1
–––11.648.50.28.1
Materials and goods bought0.22.4–10.247.60.07.9
Employee costs––––0.20.10.0
Other expenses––––0.70.10.1
Operating profit before depreciation–––0.0−0.1−0.20.0
Operating margin–––0.3%−0.2%––
Materials, % of revenue––––98.5%––
Employee costs, % of revenue––––0.4%––
Other expenses, % of revenue––––1.4%––
Depreciation and amortisation–––0.00.00.00.0
Operating profit after depreciation–––0.0−0.1−0.20.0
Other income–––0.00.00.00.0
Finance costs–––0.00.00.00.0
Profit before one-off items and tax0.00.0–0.0−0.1−0.20.0
One-off items−0.2–––0.00.00.0
Profit before tax−0.20.0–0.0−0.1−0.20.0
0.00.0–0.00.00.00.0
Net profit−0.20.0–0.0−0.1−0.20.0
Net margin−99.5%0.5%–0.2%−0.3%––
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the year to 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 2014 and Mar 2015: the statement does not state its finance costs or depreciation, which operating profit is worked out from, so operating profit is not given.

Balance sheet

Standalone, ₹ crore, at 31 March.

₹ croreMar 2018Mar 2019
6.36.2
Share capital3.93.9
Reserves2.42.2
Borrowings1.71.2
29.753.0
Liabilities due after a year0.00.0
Total assets36.159.2
0.00.0
36.059.1
Net debt1.61.1
Borrowings are counted again inside the liabilities due within a year and after a year. No balance sheet is on record for the years to Mar 2014, Mar 2015 and Mar 2017, so its lines and the ratios worked from it are blank there.

Per share

Standalone, ₹ per share, years to March.

₹ per shareMar 2015Mar 2016Mar 2017Mar 2018Mar 2019
––₹0.01−₹0.03−₹0.05
As stated that year₹0.04–₹0.01−₹0.03−₹0.05
––₹0.01−₹0.03−₹0.05
Book value per share–––₹1.62₹1.57
Market cap at the year end (₹ crore)65.3––9.72.4
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 March.

RatioMar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue growth1,075.6%––317.0%−100.0%
Return on equity–––−2.0%–
Return on capital employed–––−1.3%−2.5%
Interest cover––5.4––
Debt to equity–––0.270.19
Receivable days–––204–
Inventory days–––0–
Payable days–––188–
Cash conversion cycle, days–––15–
Working capital days–––60–
Asset turnover–––1.340.00
Assets per rupee of net worth–––5.697.63
Sales per rupee of plant–––4,099.640.00
Interest cover is left blank for the year to Mar 2018: 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 2014, Mar 2015 and Mar 2017, 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 2019.

Return on assets, latest year
−0.4%
Measure3 years
Return on capital employed, average−1.9%
Operating margin, average0.1%
Net margin, average0.0%
Asset turnover, average0.67
Debt to equity, average0.23

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 2019
Altman Z-scorePublished threshold 1.81––––0.19
Receivables growth less revenue growthOur threshold 0 percentage points––––69.50
Effective tax ratePublished threshold 17.16 per cent33.33–33.33––
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 2019 the company reports one business segment, TRADING, which carries all its revenue.

Where the return came from

Yearly rates to Mar 2019, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−75.0%––0.0%
Longer windows are left empty: a corporate action or price step on 2015-07-02 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. Earnings growth over 1 year 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.

Birdhi Chand Pannalal Agencies share price by year

Each calendar year to 2019.

YearClose at year endChangeHighest closeLowest close
20190.47−34.7%0.810.47
20180.72−86.1%8.000.57
20175.18−90.0%51.004.88
201652.00−6.1%54.3052.00
201555.40–73.0028.80
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2016 is from its first session, 8 Nov 2016. 2015 is from its first session, 2 Jul 2015. The 2019 close is its last trade, on 13 Aug 2019.

Recent sessions

The 10 trading days to 13 Aug 2019, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
13 Aug 20190.470.470.470.470.471
5 Aug 20190.470.470.470.470.471,087
29 Jul 20190.470.470.470.470.472,028
22 Jul 20190.470.470.470.470.47506
15 Jul 20190.490.490.470.470.49559
8 Jul 20190.490.490.490.490.4998
1 Jul 20190.510.510.510.510.513,681
10 Jun 20190.510.510.490.490.4912,388
3 Jun 20190.510.510.510.510.518,113
27 May 20190.550.550.530.530.531,574
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
2 Jul 2015Price 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
538364
ISIN
INE795P01023
Industry
Textiles & Apparels
CIN
L51909WB1985PLC186698
Corporate identity number, the registrar of companies' code for it
Incorporated
1985
Registered office
4, Synagogue Street, 8th Floor, Room No-810, Kolkata 700001, West Bengal
Share registrar
Maheshwari Datamatics Pvt Ltd
Keeps the register of shareholders and handles transfers and dividend payments