Bilpower (Delisted) share price

BSE: 531590

Bilpower Ltd. · Face value ₹10 · Listed Apr 1996

Last traded ₹0.55 on 13 May 2019

Delisted on 3 Mar 2021.

Last announcements

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

  1. Feb 2021

  2. Jan 2020

    • 21 Jan · Statement Of Investor Complaints For The Quarter Ended December 2019

      No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter 0 0 0 0
  3. Dec 2019

  4. Nov 2019

Share price history

Daily closes since Oct 2012, BSE closes Jan 2007 to Jul 2010, in Apr 2012, in Jan 2014, in Jan 2014, in Oct 2014, in Oct 2014, in Oct 2014, in Dec 2014, in Jan 2015, in Jan 2015, in Feb 2015, in Feb 2015, in Feb 2015, in Mar 2015, in Mar 2015, in Mar 2015, Mar 2015 to Apr 2015, in Apr 2015, in Apr 2015, in Apr 2015, in May 2015, in May 2015, in May 2015, in May 2015, May 2015 to Jun 2015, in Jun 2015, in Jul 2015, Jul 2015 to Aug 2015, in Aug 2015, in Aug 2015, in Aug 2015, in Sep 2015, in Sep 2015, Sep 2015 to Oct 2015, in Oct 2015, in Oct 2015, in Oct 2015, in Oct 2015, in Nov 2015, in Nov 2015, in Nov 2015, in Dec 2015, in Dec 2015, in Dec 2015, in Dec 2015, in Jan 2016, in Jan 2016, in Feb 2016, in Feb 2016, in Feb 2016, in Feb 2016, in Feb 2016, in Mar 2016, in Mar 2016, in Mar 2016, in Mar 2016, in Apr 2016, in May 2016, in May 2016, in May 2016, in May 2016, Jun 2016 to Jul 2016, in Jul 2016, in Aug 2016, in Aug 2016, in Aug 2016, in Aug 2016, in Aug 2016, in Sep 2016, in Sep 2016, in Sep 2016, in Sep 2016, in Sep 2016, Sep 2016 to Oct 2016, in Oct 2016, in Oct 2016, in Nov 2016, in Nov 2016, in Nov 2016, in Nov 2016, in Dec 2016, in Dec 2016, Dec 2016 to Jan 2017, in Jan 2017, in Jan 2017, in Jan 2017, in Feb 2017, in Feb 2017, in Feb 2017, in Mar 2017, in Mar 2017, in Apr 2017, in Apr 2017, in Apr 2017, in May 2017, in Jun 2017, in Jun 2017, in Jul 2017, in Jul 2017, in Jul 2017, in Aug 2017, in Aug 2017, in Sep 2017, in Sep 2017, in Jan 2018, in Feb 2018, in Feb 2018, in Mar 2018, in Mar 2018, in Mar 2018, in Apr 2018, in Apr 2018, in Apr 2018, in Apr 2018, in May 2018, in May 2018, in May 2018, May 2018 to Jun 2018, in Jun 2018, in Jun 2018, in Jun 2018, in Jun 2018, Jun 2018 to Jul 2018 and in May 2019, adjusted for splits and bonuses. Earlier closes are left out: on 4 Oct 2012 the price changed in a way no corporate action on record explains.

Daily close, ₹ per share

Q1 results, quarter to Jun 2019

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

Revenue
₹0.00 Cr
Operating profit
₹1.40 Cr−17.4% on the quarter before
Net profit
₹1.61 Cr−15.6% on the quarter before
Earnings per share
₹0.77−57.7% on the quarter before

From revenue to net profit, ₹ crore

  1. Revenue0.0
  2. Employee costs0.0
  3. Other expenses+1.4
  4. Operating profit1.4
  5. Depreciation−0.1
  6. Other income+0.3
  7. Finance costs−0.1
  8. Profit before tax1.6
  9. Tax0.0
  10. Net profit1.6

Bilpower results by quarter

Standalone: the listed company alone, without its subsidiaries. Latest quarter to Jun 2019. Results for the quarter to Sep 2019 were due by 14 Nov 2019, 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
8.8−0.8Sep 165.31.9Dec 165.27.5Mar 172.70.3Jun 172.80.5Sep 173.32.3Dec 171.2−4.5Mar 180−0.8Jun 180−0.6Sep 1800.3Dec 1801.9Mar 1901.6Jun 19
Peak revenue ₹8.85 Cr, quarter to Sep 2016; lowest ₹0.00 Cr, quarter to Jun 2018A loss in 4 of the 12 quarters shown

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
145.5%−466.4%−37.6%−97.1%94.0%−0.8%−145.6%66.6%−466.4%−9.2%35.1%145.5%9.7%16.8%70.4%−387.4%Sep 16Mar 17Sep 17Mar 18Sep 18Mar 19Jun 19
₹ croreSep 2014Dec 2014Mar 2015Jun 2015Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Q1Sep 2018Dec 2018Q3Mar 2019Jun 2019Q1
Revenue from operations6.06.4–3.14.43.43.03.28.85.35.22.72.83.31.20.00.00.00.00.0
5.96.4–3.14.43.33.03.212.210.40.32.76.81.16.61.00.9−0.1−1.7−1.4
Materials and goods bought6.06.4–3.14.43.43.03.28.85.35.22.72.83.31.20.00.00.00.00.0
Employee costs–0.0–0.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.0
Other expenses–0.1–0.10.10.10.10.13.55.2−4.90.04.0−2.25.41.00.9−0.1−1.7−1.4
Operating profit before depreciation0.00.0–−0.10.00.00.00.0−3.3−5.14.90.0−4.02.2−5.4−1.0−0.90.11.71.4
Operating margin0.6%0.5%–−2.5%0.4%0.6%0.9%0.6%−37.6%−97.1%94.0%−0.8%−145.6%66.6%−466.4%–––––
Depreciation and amortisation0.20.10.10.10.10.10.10.10.10.10.10.10.10.10.10.10.10.10.10.1
Other income0.40.51.00.50.60.52.10.40.00.83.30.44.80.31.00.40.40.40.30.3
Finance costs0.10.10.10.10.10.10.10.10.10.10.10.10.10.10.10.10.10.10.10.1
Profit before one-off items and tax0.10.20.70.20.30.21.80.2−3.6−4.67.90.20.62.3−4.6−0.8−0.60.31.91.6
One-off items−5.6−28.7−50.4−6.4−3.80.23.01.72.86.5−0.40.1–––0.00.00.00.00.0
Profit before tax−5.6−28.5−49.7−6.2−3.40.44.81.9−0.81.97.50.30.62.3−4.6−0.8−0.60.31.91.6
Tax––−0.1––––––––0.00.1–−0.10.00.00.00.00.0
Tax rate–––––––––––13.4%21.2%––––0.0%0.0%0.0%
Net profit−5.6−28.5−49.6−6.2−3.40.44.81.9−0.81.97.50.30.52.3−4.5−0.8−0.60.31.91.6
Net margin−93.6%−446.0%–−200.8%−77.9%12.4%161.0%60.5%−9.2%35.1%145.5%9.7%16.8%70.4%−387.4%–––––
Earnings per share−₹2.66–––−₹1.63₹0.20–––₹0.88₹3.58₹0.12₹0.22₹1.11−₹2.14−₹0.37−₹0.30₹0.14₹1.82₹0.77
Earnings per share in rupees, restated for later splits and bonuses.

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
45915Mar 103994.2Mar 11356−19Mar 1235−42Mar 133.8−35Mar 1419−113Mar 1514−4.3Mar 162311Mar 179.9−1.4Mar 1800.80Mar 19
Back to profit in the year to Mar 2019, ₹0.80 CrA loss in 6 of the 10 years shown

Operating and net margin, per cent

  • Operating margin
  • Net margin
46.7%−900.0%6.6%3.5%1.8%−40.7%−105.9%−4.7%−2.0%−17.0%−72.4%3.3%1.0%−5.2%−118.5%−900.0%−607.6%−31.3%46.7%−14.6%Mar 10Mar 12Mar 14Mar 16Mar 18Mar 19

The years either side of a change of basis do not compare. From the year to Mar 2011, the company's revenue for that year, ₹399 Cr, differs from its quarters added, ₹411 Cr. From the year to Mar 2012, the company's revenue for that year, ₹356 Cr, differs from its quarters added, ₹364 Cr.

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−0.1
  5. Depreciation−0.2
  6. Other income+1.5
  7. One-off items0.0
  8. Finance costs−0.3
  9. Profit before tax0.8
  10. Tax0.0
  11. Net profit0.8

What the company owns

  • Receivables₹48 Cr
  • Plant, investments and other assets₹32 Cr
  • Current investments₹2 Cr
  • Inventory₹0 Cr
  • Cash and bank₹0 Cr

What pays for it: net worth and liabilities

  • Other liabilities₹74 Cr
  • Owed to suppliers₹8 Cr

Profit and loss

Standalone, ₹ crore, years to March. The last column is the twelve months to Jun 2019, the latest four quarters added.

₹ croreMar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Jun 2019Twelve months
Revenue from operations4593993563541914231000
428385350508191426170−2
Materials and goods bought––3474871914221000
Employee costs––110000000
Other expenses––11110470−2
Operating profit before depreciation30146−14−4−10−4−702
Operating margin6.6%3.5%1.8%−40.7%−105.9%−4.7%−2.0%−17.0%−72.4%––
Materials, % of revenue––97.6%135.2%183.0%101.6%99.8%99.8%99.8%––
Employee costs, % of revenue––0.4%1.7%5.7%0.2%0.4%0.2%0.4%––
Other expenses, % of revenue––0.3%3.9%17.2%2.9%1.7%17.0%72.2%––
Depreciation and amortisation30000100000
Operating profit after depreciation28146−15−4−1−1−4−702
Other income––522244611
Finance costs8723230000000
Profit before one-off items and tax196−13−36−3030−113
One-off items––−6−8−32−113−711–00
Profit before tax196−19−43−35−113−411−113
Tax420−100––000
Net profit154−19−42−35−113−411−113
Net margin3.3%1.0%−5.2%−118.5%−900.0%−607.6%−31.3%46.7%−14.6%––
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the years to Mar 2010 and Mar 2011 they do not, so they are left blank.

Balance sheet

Standalone, ₹ crore, at 31 March.

₹ croreMar 2019
−114
Share capital21
Reserves−135
Borrowings0
196
Liabilities due after a year0
Total assets82
9
73
Net debt−2
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 2010, 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.

Per share

Standalone, ₹ per share, years to March.

₹ per shareMar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
––−₹19.95−₹16.48––₹5.00−₹0.69₹0.76
As stated that year₹3.96−₹17.70−₹19.95−₹16.48––₹5.00−₹0.69₹0.76
––−₹19.95−₹16.48––₹5.00−₹0.69₹0.76
Market cap at the year end (₹ crore)1027384–22–1
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 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue growth0.1%––−90.1%−89.1%381.7%−25.2%62.5%−56.0%−100.0%
Operating profit growth−11.0%–––––––––
Net profit growth−5.9%−72.5%––––––––
Interest cover3.31.80.2–––––––
Asset turnover–––––––––0.00
Assets per rupee of net worth–––––––––−0.72
Sales per rupee of plant–––––––––0.00
Plant being built, % of plant in use–––––––––0.0%
Revenue growth and operating profit growth are left blank for the years to Mar 2011 and Mar 2012: between the two periods the company restated its earlier figures, so the two are on different bases and the change is not worked out. Interest cover is left blank for the years to Mar 2013, Mar 2014, Mar 2015, Mar 2016, Mar 2017, Mar 2018 and Mar 2019: operating profit after depreciation is a loss, and a loss covers no interest bill. Debt to equity is left blank for the year to Mar 2019: net worth is below zero, so there is no shareholders' money to set the borrowings against. Return on capital employed is left blank for the year to Mar 2019: net worth and borrowings together come to nought or less, so there is no money employed to set the operating profit against. No balance sheet is on record for the years to Mar 2010, 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 2019.

Return on assets, latest year
1.0%
Measure10 years5 years3 years
Profit growth, yearly rate−25.9%––
Operating margin, average−25.6%−24.0%−44.7%
Net margin, average−180.7%−151.7%16.0%

Accounting checks

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

CheckMar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Altman Z-scorePublished threshold 1.1–––––––––−15.70
Effective tax ratePublished threshold 17.16 per cent20.4932.89–––––––0.00
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 2019 the company reports one business segment, Electrical Steel Product, 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−60.9%––0.0%
3 years−17.8%––0.0%
5 years−23.4%––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.

Bilpower share price by year

Each calendar year to 2019.

YearClose at year endChangeHighest closeLowest close
2019BSE close0.55+37.5%0.600.40
2018BSE close0.40−72.4%1.900.40
2017BSE close1.45+15.1%1.650.75
2016BSE close1.26+0.8%1.850.72
2015BSE close1.25−19.4%1.901.01
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. The 2019 close is its last trade, on 13 May 2019.

Recent sessions

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

DateOpenHighLowCloseAverage priceVolume
13 May 20190.550.550.550.550.55100
6 May 20190.580.580.580.580.581,600
30 Apr 20190.600.600.600.600.60600
22 Apr 20190.550.600.550.600.585,056
15 Apr 20190.500.550.500.550.551,010
8 Apr 20190.600.600.500.500.515,203
1 Apr 20190.550.550.550.550.55257
25 Mar 20190.500.500.500.500.507,569
18 Mar 20190.400.450.400.450.451,112
11 Mar 20190.400.400.400.400.40700
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
9 Jul 2018Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
28 Jun 2018Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
27 Jun 2018Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
26 Jun 2018Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
25 Jun 2018Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
22 Jun 2018Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
21 Jun 2018Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
3 Apr 2018Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
2 Apr 2018Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
27 Mar 2018Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
13 Sep 2017Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
12 Sep 2017Price move–Between two trading sessions the price moved by a fifth or more. The company made an announcement in time for trading that day or the trading day before. Not adjusted for.
7 Aug 2017Price move–Between two trading sessions the price moved by a fifth or more. The company made an announcement in time for trading that day or the trading day before. Not adjusted for.
21 Aug 2015Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
19 Aug 2015Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
14 Aug 2015Price move–Between two trading sessions the price moved by a fifth or more. The company's board met on results that day or since the trading day before. Not adjusted for.
13 Aug 2015Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
11 Aug 2015Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
15 Jun 2015Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
30 Mar 2015Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
27 Mar 2015Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
20 Mar 2015Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
4 Oct 2012Price 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. Any other event is noted and not adjusted for.

Company details

BSE code
531590
ISIN
INE952D01018
Former symbols
BILPOWER
CIN
L51420MH1989PLC053772
Corporate identity number, the registrar of companies' code for it
Incorporated
1989
Registered office
B - 11, Viral Shopping Center, Mantriwadi Sainath Road, Malad (W), Mumbai 400064, Maharashtra
Share registrar
Link Intime India Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments