Bell Ceramics (Delisted) share price
BSE: 515035
Bell Ceramics Ltd · Face value ₹10 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary
Last traded ₹11.80 on 25 May 2012
Delisted on 22 Jun 2012.
Last announcements
The company's own last announcements before its shares stopped trading, routine notices left out.
May 2012
21 May · Suspension of trading in equity shares
Members of the Exchange are hereby informed that the trading in equity shares of Bell Ceramics Limited shall be suspended w.e.f. May 28, 2012 (i.e. closing hours of trading on May 25, 2012) on account of Scheme of Amalgamation with Orient Bell Limited.
Mar 2012
2 Mar · Business
Vide its letter dated February 25, 2012 that the Scheme of Amalgamtion / Merger of the company with Orient Ceramic and Industries Limited (OCIL) has now been approved by the Hon'ble High Court of Gujarat vide its oral order dated February 07, 2012. Further, in the similar matter of the company petition filed by OCIL, the Transferee company with the Hon'ble High Court of Uttar Pradesh at Allahabad, that court has also approved the scheme of Amalgamtion / Merger vide its order dated December 19, 2011.
Feb 2012
15 Feb · Change in Current Financial Year
Results for the quarter to Dec 2011
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
- RevenueRevenue from operations. Money earned from selling the company's goods and services in the period. Revenue from operations in the glossary
- ₹48 Cr+29.0% on a year ago · +12.3% on the quarter beforeChange on a year ago and on the quarter before. The change against the same quarter a year before: (this quarter's figure less that quarter's) divided by that quarter's, times 100. The change on the quarter before is the same sum against the quarter just before, taken as this quarter's results restate it where the company restated it: this quarter's year to date less this quarter. Left out where either figure is a loss, where the restatement covers two or more earlier quarters without saying which, or across a change of basis named under the table, on the lines it affects.
- Operating profitOperating profit before depreciation (EBITDA). Revenue less operating expenses: what the business earns from its operations before depreciation, interest and tax. Operating profit before depreciation (EBITDA) in the glossary
- ₹5.01 Cr+175.7% on a year ago · +23.4% on the quarter before
- Net profitNet profit. What is left of revenue and other income after every cost, interest and tax. Net profit in the glossary
- −₹0.51 Cr
- Operating margin
- 10.5%
- Net margin
- −1.1%
From revenue to net profit, ₹ crore
- Revenue48
- Operating expenses−43
- Operating profit5.0
- Depreciation−2.8
- Other income0.0
- One-off items0.0
- Finance costs−2.5
- Profit before tax−0.3
- Tax−0.3
- Net profit−0.5
Bell Ceramics results by quarter
Standalone: the listed company alone, without its subsidiaries. Latest quarter to Dec 2011. Results for the quarter to Mar 2012 were due by 30 May 2012, 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
Peak revenue ₹53 Cr, quarter to Mar 2009; lowest ₹37 Cr, quarter to Dec 2010A loss in 10 of the 12 quarters shown
Operating and net margin by quarter, per cent
- Operating margin
- Net margin
| ₹ crore | Sep 2007 | Dec 2007 | Mar 2008 | Jun 2008 | Sep 2008 | Dec 2008 | Mar 2009 | Jun 2009 | Sep 2009 | Dec 2009 | Mar 2010 | Jun 2010 | Sep 2010 | Dec 2010 | Mar 2011 | Jun 2011 | Sep 2011 | Dec 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 41.2 | 40.3 | 49.2 | 49.1 | 52.4 | 47.6 | 53.1 | 41.3 | 41.8 | 40.6 | 42.9 | 38.1 | 38.9 | 37.2 | 44.1 | 39.7 | 42.7 | 47.9 |
| Operating expenses. What the business spent to run itself in the period, materials, staff and other costs, before depreciation, interest and tax. Operating expenses in the glossary | – | – | – | – | 49.0 | 41.3 | 42.6 | 36.1 | 38.8 | 36.2 | 40.9 | 35.1 | 38.8 | 35.3 | 38.5 | 34.9 | 38.6 | 42.9 |
| Materials and goods boughtCost of materials and goods. Raw materials used and goods bought for resale in the period, adjusted for the change in stock held. Cost of materials and goods in the glossary | 14.3 | 11.5 | 22.8 | 14.9 | 16.9 | 8.4 | 13.5 | 9.4 | 12.3 | 11.8 | 18.5 | 9.5 | 12.4 | 10.0 | 13.7 | 10.8 | 13.1 | 16.4 |
| Operating profit before depreciation | – | – | – | – | 3.4 | 6.4 | 10.5 | 5.2 | 3.0 | 4.4 | 2.0 | 3.0 | 0.1 | 1.8 | 5.6 | 4.8 | 4.1 | 5.0 |
| Operating margin | – | – | – | – | 6.6% | 13.4% | 19.8% | 12.6% | 7.3% | 10.8% | 4.6% | 7.8% | 0.2% | 4.9% | 12.7% | 12.0% | 9.5% | 10.5% |
| Depreciation and amortisationDepreciation and amortisation. The part of the cost of plant, buildings and other long-lived assets charged against each year they are used. Depreciation and amortisation in the glossary | – | – | – | – | 2.8 | 2.9 | 2.7 | 2.8 | 2.8 | 2.8 | 2.7 | 2.8 | 2.8 | 2.8 | 2.7 | 2.7 | 2.8 | 2.8 |
| Other incomeOther income. Income from outside the main business, such as interest on deposits, dividends received and gains on investments. Other income in the glossary | 0.2 | 0.0 | 0.6 | 0.2 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 5.3 | 0.0 | 0.0 | 0.0 | 0.0 |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. Finance costs in the glossary | 3.1 | 3.4 | 3.1 | 3.4 | 2.2 | 3.1 | 3.3 | 2.7 | 2.8 | 2.7 | 2.7 | 2.6 | 2.6 | 7.1 | 3.0 | 3.0 | 3.1 | 2.5 |
| Profit before one-off items and taxProfit before one-off items and tax. Profit before tax as it would be without the one-off items below it, as the company states it. Profit before one-off items and tax in the glossary | – | – | – | – | – | 0.5 | 4.6 | −0.3 | −2.6 | −1.1 | −3.4 | −2.4 | −5.3 | −2.8 | −0.1 | −1.0 | −1.8 | −0.3 |
| One-off itemsExceptional items. Gains or losses the company reports separately because they are not expected to recur, such as selling a business or writing down an asset. Exceptional items in the glossary | 1.3 | – | – | – | 0.3 | – | – | – | – | – | – | – | – | – | 2.7 | 0.9 | 0.0 | 0.0 |
| Profit before tax | −1.5 | −4.4 | −7.2 | −3.1 | −1.3 | 0.5 | 4.6 | −0.3 | −2.6 | −1.1 | −3.4 | −2.4 | −5.3 | −2.8 | 2.6 | −0.1 | −1.8 | −0.3 |
| Tax | 0.1 | 0.1 | −1.1 | 0.1 | 0.2 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | −1.1 | 0.0 | 0.0 | −2.7 | −0.5 | 0.1 | −0.8 | 0.3 |
| Tax rateEffective tax rate. Tax charged as a percentage of profit before tax. Effective tax rate in the glossary | – | – | – | – | – | 14.3% | 2.3% | – | – | – | – | – | – | – | −21.1% | – | – | – |
| Net profit | −1.5 | −8.6 | −9.1 | −3.1 | −1.4 | 0.4 | 4.5 | −0.3 | −2.6 | −1.1 | −2.4 | −2.4 | −5.4 | −0.2 | 3.1 | −0.2 | −1.0 | −0.5 |
| Net margin | −3.7% | −21.3% | −18.6% | −6.4% | −2.7% | 0.8% | 8.4% | −0.7% | −6.2% | −2.8% | −5.5% | −6.3% | −13.8% | −0.5% | 7.1% | −0.6% | −2.4% | −1.1% |
Earnings per share in rupees, restated for later splits and bonuses.
3 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
Peak revenue ₹202 Cr, year to Mar 2009; lowest ₹167 Cr, year to Mar 2010A loss in the year to Mar 2010, −₹6.37 Cr
Operating and net margin, per cent
- Operating marginOperating margin. Operating profit before depreciation as a percentage of revenue: how much of each rupee of sales is left after running costs. Operating margin in the glossary
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
Results for the year to Mar 2010
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
From revenue to net profit
- Revenue167
- Operating expenses−152
- Operating profit15
- Depreciation−11
- Other income+0.1
- Finance costs−11
- Profit before tax−7.4
- Tax+1.0
- Net profit−6.4
Profit and loss
Standalone, ₹ crore, years to March. The last column is the twelve months to Dec 2011, the latest four quarters added.
| ₹ crore | Mar 2008 | Mar 2009 | Mar 2010 | Dec 2011Twelve months |
|---|---|---|---|---|
| Revenue from operations | 174 | 202 | 167 | 174 |
| – | 179 | 152 | 155 | |
| Materials and goods bought | 62 | 54 | 52 | 54 |
| Operating profit before depreciation | – | 24 | 15 | 19 |
| Operating margin | – | 11.6% | 8.8% | 11.1% |
| Depreciation and amortisation | – | 11 | 11 | 11 |
| Operating profit after depreciationOperating profit after depreciation (EBIT). Operating profit before depreciation, less depreciation and amortisation. Operating profit after depreciation (EBIT) in the glossary | – | 12 | 3 | 8 |
| Other income | 2 | 0 | 0 | 0 |
| Finance costs | 13 | 12 | 11 | 12 |
| Profit before one-off items and tax | – | 1 | −7 | −3 |
| One-off items | – | – | – | 4 |
| Profit before tax | −16 | 1 | −7 | 0 |
| Tax | −1 | 0 | −1 | −1 |
| Net profit | −22 | 0 | −6 | 1 |
| Net margin | −12.6% | 0.2% | −3.8% | 0.8% |
Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the year to Mar 2008: the statement does not state its depreciation, which operating profit is worked out from, so operating profit is not given.
Ratios
Standalone, years to March.
| Ratio | Mar 2009 | Mar 2010 |
|---|---|---|
| Revenue growthRevenue growth. This year's revenue less last year's, divided by last year's, times 100; blank where last year's is not above nought. Revenue growth in the glossary | 16.5% | −17.7% |
| Operating profit growthOperating profit growth. This year's operating profit before depreciation less last year's, divided by last year's, times 100; blank where last year's is not above nought. Operating profit growth in the glossary | – | −37.9% |
| Interest coverInterest cover. Operating profit after depreciation divided by finance costs: how many times over the profit pays the interest bill. Interest cover in the glossary | 1.1 | 0.3 |
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 2010.
| Measure | 3 years |
|---|---|
| Operating margin, averageOperating margin, average. 3 years: The plain average of the yearly operating profit margin over the last three years, needing at least two of them; a year without the figure is left out, never filled in. 5 years: The plain average of the yearly operating profit margin over the last five years, needing at least four of them; a year without the figure is left out, never filled in. 10 years: The plain average of the yearly operating profit margin over the last ten years, needing at least nine of them; a year without the figure is left out, never filled in. | 10.2% |
| Net margin, averageNet margin, average. 3 years: The plain average of the yearly net profit margin over the last three years, needing at least two of them; a year without the figure is left out, never filled in. 5 years: The plain average of the yearly net profit margin over the last five years, needing at least four of them; a year without the figure is left out, never filled in. 10 years: The plain average of the yearly net profit margin over the last ten years, needing at least nine of them; a year without the figure is left out, never filled in. | −5.4% |
| Interest cover, averageInterest cover, average. 3 years: The plain average of the yearly interest cover over the last three years, needing at least two of them; a year without the figure is left out, never filled in. 5 years: The plain average of the yearly interest cover over the last five years, needing at least four of them; a year without the figure is left out, never filled in. 10 years: The plain average of the yearly interest cover over the last ten years, needing at least nine of them; a year without the figure is left out, never filled in. | 0.7 |
Accounting checks
Standalone, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.
| Check | Mar 2009 | Mar 2010 |
|---|---|---|
| Effective tax ratePublished threshold 17.16 per cent | 54.26 | – |
A threshold marked as ours has no published figure; it is the line we read the check against.
Recent sessions
The 10 trading days to 25 May 2012, as traded on BSE.
| Date | Open | High | Low | Close | Average price | Volume |
|---|---|---|---|---|---|---|
| 25 May 2012 | 11.70 | 13.10 | 11.70 | 11.80 | 11.81 | 279 |
| 24 May 2012 | 11.75 | 11.95 | 11.70 | 11.95 | 11.85 | 1,083 |
| 23 May 2012 | 12.00 | 12.30 | 12.00 | 12.30 | 12.19 | 466 |
| 22 May 2012 | 12.65 | 13.30 | 12.05 | 12.20 | 12.38 | 1,157 |
| 21 May 2012 | 13.35 | 13.35 | 11.25 | 12.10 | 11.99 | 415 |
| 18 May 2012 | 13.05 | 13.05 | 12.35 | 12.40 | 12.92 | 124 |
| 17 May 2012 | 12.30 | 13.85 | 11.95 | 13.65 | 13.51 | 2,328 |
| 16 May 2012 | 12.12 | 12.12 | 12.11 | 12.11 | – | 66 |
| 15 May 2012 | 13.15 | 13.25 | 13.15 | 13.25 | 13.21 | 50 |
| 14 May 2012 | 13.50 | 13.50 | 12.25 | 12.95 | 12.28 | 335 |
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-date | Event | Price factor | What happened |
|---|---|---|---|
| 8 Sep 2010 | Price 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
- 515035
- ISIN
- INE403A01026
- Former symbols
- BELLCERATL
- Website
- www.bellceramic.com
- CIN
- L26921GJ1985PLC008196
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1985
- Registered office
- Dora Village, Amod Taluka, Bharuch 392230, Gujarat
- Share registrar
- MCS Share Transfer Agent Ltd
- Keeps the register of shareholders and handles transfers and dividend payments