Biopac India Corporation share price

BSE: 532330Industrial Products

Biopac India Corporation Ltd · Face value ₹10 · Listed May 2000

Trading suspended since 18 Jan 2021

Last traded ₹1.99 on 15 Jan 2021

Latest announcements

Routine notices left out.

  1. Feb 2021

  2. Dec 2020

Share price history

Daily closes since Jan 2007, adjusted for splits and bonuses

Daily close, ₹ per share

Results for the quarter to Sep 2020

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

Revenue
₹0.00 Cr−100.0% on a year ago
Operating profit
−₹0.44 Cr
Net profit
−₹0.63 Cr
Earnings per share
−₹0.36

From revenue to net profit, ₹ crore

  1. Revenue0.0
  2. Employee costs−0.4
  3. Other expenses−0.1
  4. Operating profit−0.4
  5. Depreciation0.0
  6. Other income0.0
  7. One-off items+0.5
  8. Finance costs−0.7
  9. Profit before tax−0.6
  10. Tax0.0
  11. Net profit−0.6

Biopac India Corporation results by quarter

Standalone: the listed company alone, without its subsidiaries. Latest quarter to Sep 2020. Results for the quarter to Dec 2020 were due by 14 Feb 2021, 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
130.1Dec 1711−3.3Mar 189.7−5.0Jun 184.6−7.8Sep 184.1−7.0Dec 182.9−3.3Mar 192.5−3.2Jun 190.7−2.6Sep 190.9−3.0Dec 190.6−2.4Mar 200−2.3Jun 200−0.6Sep 20
A loss in 11 of the 12 quarters shown

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
23.8%−542.6%23.8%−7.6%−27.2%−115.1%−108.0%−28.8%−106.0%−542.6%−95.7%0.9%−29.6%−51.9%−169.0%−171.9%−113.1%−129.6%−393.0%−326.9%−410.2%Dec 17Jun 18Dec 18Jun 19Dec 19Jun 20Sep 20
₹ croreDec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Q1Sep 2018Dec 2018Q3Mar 2019Jun 2019Q1Sep 2019Dec 2019Q3Mar 2020Jun 2020Q1Sep 2020
Revenue from operations13.1–10.611.411.913.911.312.212.611.19.74.64.12.92.50.70.90.60.00.0
10.5–8.08.99.411.48.69.89.611.912.39.98.53.85.14.21.8–0.80.4
Materials and goods bought6.8–4.25.35.77.55.16.24.67.96.77.03.91.53.32.30.70.10.00.0
Employee costs1.9–2.12.01.91.91.7–––2.01.81.41.31.00.80.4–0.30.4
Other expenses1.8–1.81.71.92.01.8–––3.61.13.30.90.81.10.7–0.50.1
Operating profit before depreciation2.6–2.62.42.52.52.72.53.0−0.8−2.6−5.3−4.4−0.8−2.6−3.5−0.9–−0.8−0.4
Operating margin20.1%–24.2%21.5%21.0%18.1%23.8%20.1%23.8%−7.6%−27.2%−115.1%−108.0%−28.8%−106.0%−542.6%−95.7%–––
Depreciation and amortisation1.4–1.41.41.41.41.41.41.41.41.41.41.41.30.90.90.8–0.80.0
Other income0.0–0.00.00.0–––0.00.00.00.00.00.02.11.80.00.00.00.0
Finance costs1.0–1.11.01.01.10.91.01.51.51.11.11.21.21.20.90.70.80.70.7
Profit before one-off items and tax0.2–0.10.00.10.00.40.10.1−3.7−5.1−7.7−7.0−3.4−2.7−3.6−2.4−2.0−2.3−1.2
One-off items––––––––––0.00.00.00.00.00.0−0.5–0.00.5
Profit before tax0.2–0.10.00.10.00.40.10.1−3.7−5.1−7.7−7.0−3.4−2.7−3.6−3.0−2.3−2.3−0.6
0.2–0.10.00.00.10.10.00.0−0.40.00.00.00.00.5−1.00.00.00.00.0
Tax rate95.6%–52.4%130.0%4.5%248.5%16.9%−53.9%26.0%–––––––––––
Net profit0.0–0.10.00.10.00.40.10.1−3.3−5.0−7.8−7.0−3.3−3.2−2.6−3.0−2.4−2.3−0.6
Net margin0.1%–0.5%−0.1%0.9%−0.4%3.1%1.0%0.9%−29.6%−51.9%−169.0%−171.9%−113.1%−129.6%−393.0%−326.9%−410.2%––
Earnings per share–––––−₹0.03₹0.21₹0.07₹0.06−₹1.90−₹2.92−₹4.51−₹4.06−₹1.92−₹1.85−₹1.48−₹1.72−₹1.37−₹1.33−₹0.36
Earnings per share in rupees, restated for later splits and bonuses. No results on record for the quarter to Mar 2016.

The quarters either side of a change of basis do not compare. From the quarter to Mar 2019, the company's revenue for the year to Mar 2019, ₹20 Cr, differs from its quarters added, ₹21 Cr.

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
411.6Mar 11380.2Mar 12460.2Mar 13521.1Mar 14590.9Mar 15Mar 16480.1Mar 1747−2.7Mar 1820−2333Mar 194.9−1130Mar 20
A loss in 3 of the 9 years with results on record

Operating and net margin, per cent

  • Operating margin
  • Net margin
21.0%−225.7%12.4%11.5%12.6%21.0%15.5%−65.1%3.8%0.5%0.4%2.1%1.5%0.2%−5.7%−114.2%−225.7%Mar 11Mar 13Mar 15Mar 17Mar 19Mar 20

The years either side of a change of basis do not compare. From the year to Mar 2012, the company's revenue for that year, ₹38 Cr, differs from its quarters added, ₹40 Cr. From the year to Mar 2019, the company's revenue for that year, ₹20 Cr, differs from its quarters added, ₹21 Cr.

Results for the year to Mar 2020

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

From revenue to net profit

  1. Revenue4.9
  2. Other income0.0
  3. Finance costs−3.6
  4. Profit before tax−12
  5. Tax+0.5
  6. Net profit−11

What the company owns

  • Plant, investments and other assets₹23 Cr
  • Inventory₹0 Cr
  • Cash and bank₹0 Cr
  • Receivables₹0 Cr

What pays for it: net worth and liabilities

  • Borrowings₹30 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 Sep 2020, the latest four quarters added.

₹ croreMar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Sep 2020Twelve months
Revenue from operations41.538.145.652.358.6–47.847.220.24.91.5
–33.440.4–51.2–37.739.933.4––
Materials and goods bought21.224.129.533.936.9–22.623.719.06.40.8
Employee costs–3.85.1–6.9–7.8–10.2––
Other expenses–5.45.7–7.4–7.3–4.2––
Operating profit before depreciation–4.75.2–7.4–10.07.3−13.2––
Operating margin–12.4%11.5%–12.6%–21.0%15.5%−65.1%––
Materials, % of revenue–63.2%64.7%–62.9%–47.3%–93.9%––
Employee costs, % of revenue–10.1%11.3%–11.7%–16.4%–50.2%––
Other expenses, % of revenue–14.3%12.6%–12.7%–15.3%–21.0%––
Depreciation and amortisation–4.14.2–4.9–5.55.55.4––
Operating profit after depreciation–0.61.1–2.5–4.51.8−18.6––
Other income–––0.00.1–0.00.00.00.00.0
Finance costs0.70.60.81.71.7–4.34.94.53.62.9
Profit before one-off items and tax3.20.00.31.10.8–0.3−3.0−23.1−14.5−7.8
One-off items––––––––0.0––
Profit before tax3.20.00.31.10.8–0.3−3.0−23.1−11.6−8.2
1.7−0.10.10.00.0–0.2−0.30.0−0.50.0
Net profit1.60.20.21.10.9–0.1−2.7−23.1−11.1−8.2
Net margin3.8%0.5%0.4%2.1%1.5%–0.2%−5.7%−114.2%−225.7%–
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the year to Mar 2018 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, Mar 2014 and Mar 2020: the statement does not state its depreciation, which operating profit is worked out from, so operating profit is not given.
Earlier years, Mar 2008 to Mar 2010
₹ croreMar 2008Mar 2009Mar 2010
Revenue from operations24.135.044.5
–––
Materials and goods bought9.318.423.3
Finance costs2.72.52.2
Profit before tax0.80.50.2
Tax1.60.20.1
Net profit−0.70.00.0
Net margin−2.8%0.1%0.1%
Standalone, ₹ crore, years to March.

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
−5.6−16.7−19.6
Share capital17.317.317.3
Reserves−22.8−33.9−36.8
32.829.730.9
27.233.035.1
22.37.67.3
Total assets43.923.922.8
36.423.422.3
7.50.50.5
Net debt32.729.730.9
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 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
−0.54
0.71
Payables−0.03
Other working capital0.74
Capital spending0.00
Free cash flow−0.54
Cash from investing0.74
−0.22
Dividends paid0.00
Shares bought back0.00
Shares issued0.00
Net change in cash−0.02
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 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Earnings per share₹0.90₹0.10₹0.11–––₹0.06−₹1.57−₹13.40−₹6.43
Diluted earnings per share₹0.90₹0.10₹0.11–––₹0.06−₹1.57−₹13.40−₹6.43
Book value per share––––––––−₹3.24−₹9.67
Market cap at the year end (₹ crore)25.37.77.1–––––7.75.0

Ratios

Standalone, years to March.

RatioMar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue growth−6.8%–19.8%14.6%12.0%––−1.2%–−75.7%
Operating profit growth––10.7%––––−27.2%––
Net profit growth4,778.1%−88.9%13.9%448.7%−19.1%–––––
Earnings per share growth4,400.0%−88.9%10.0%–––––––
––––––––413.4%99.6%
–––––––––−313.9 pts
From the net margin–––––––––403.7 pts
From asset turnover–––––––––−560.7 pts
From borrowing–––––––––−156.9 pts
Return on capital employed––––––––−68.5%–
Interest cover–1.11.4–1.4–1.10.4––
Receivable days––––––––150
Inventory days––––––––12223
Payable days––––––––174–
Cash conversion cycle, days––––––––−37–
Working capital days––––––––−153−761
Asset turnover––––––––0.460.14
Assets per rupee of net worth––––––––−7.85−3.05
Sales per rupee of plant––––––––0.560.21
Plant being built, % of plant in use––––––––0.0%–
Revenue growth is left blank for the years to Mar 2012 and Mar 2019: 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 year to Mar 2019: operating profit after depreciation is a loss, and a loss covers no interest bill. Debt to equity is left blank for the years to Mar 2019 and Mar 2020: net worth is below zero, so there is no shareholders' money to set the borrowings against. No balance sheet is on record for the years to Mar 2011, Mar 2012, Mar 2013, Mar 2014, Mar 2015, 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
−32.7%
Measure10 years5 years3 years
Return on equity, average––256.5%
Operating margin, average––−24.8%
Net margin, average−37.5%−86.4%−115.2%
Asset turnover, average––0.30

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 1.81––––––––−2.11–
Receivables growth less revenue growthOur threshold 0 percentage points–––––––––−23.77
Inventory growth less cost-of-goods growthOur threshold 0 percentage points–––––––––−27.38
Other current assets growth less revenue growthOur threshold 5 per cent of revenue–––––––––1.10
Effective tax ratePublished threshold 17.16 per cent51.52−332.5032.530.46−4.78–66.43–––
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, Manufacturing Business of Food Service Disposables, which carries all its revenue.

Where the return came from

Yearly rates to Mar 2020, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−35.9%––0.0%
3 years−51.3%––0.0%
5 years−17.7%––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.

Biopac India Corporation share price by year

Each calendar year to 2021.

YearClose at year endChangeHighest closeLowest close
20211.99−4.8%2.041.84
20202.09+29.0%4.481.48
20191.62−78.5%7.791.55
20187.52−70.9%42.456.34
201725.80+51.8%30.9516.35
201617.00−11.9%24.9012.23
201519.30+144.6%19.306.91
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. The 2021 close is its last trade, on 15 Jan 2021.

Recent sessions

The 10 trading days to 15 Jan 2021, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
15 Jan 20212.012.011.831.991.9037,697
14 Jan 20211.892.071.891.921.9323,471
13 Jan 20212.002.101.951.982.0247,048
12 Jan 20212.092.091.902.001.9268,105
11 Jan 20212.042.101.942.001.9653,563
8 Jan 20212.092.121.922.042.0689,805
7 Jan 20212.002.021.862.021.981,81,717
6 Jan 20211.881.931.771.931.9088,271
5 Jan 20211.831.931.811.841.821,28,411
4 Jan 20211.901.991.901.901.9036,428
Prices in ₹ per share as traded, not adjusted.

Company details

BSE code
532330
ISIN
INE998A01017
Industry
Industrial Products
CIN
L51900DN1987PLC000441
Corporate identity number, the registrar of companies' code for it
Incorporated
1987
Registered office
Survey No. 38, Silvassa Khanvel Road, Dapada, 396230, Dadra & Nagar Haveli
Share registrar
MUFG Intime India Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments