Bongaingaon Refinery & Petrochemica (Delisted) share price
BSE: 500072
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 ₹45.70 on 20 Apr 2009
Delisted on 5 Jun 2009.
Last announcements
The company's own last announcements before its shares stopped trading, routine notices left out.
Mar 2009
30 Mar · Suspension of trading in equity shares
Members of the Exchange are hereby informed that the trading in equity shares of Bongaigaon Refinery & Petrochemicals Ltd. shall be suspended w.e.f. April 21, 2009 (i.e. closing hours of trading on April 20, 2009) on account of Scheme of Amalgamation of Bongaigaon Refinery & Petrochemicals Ltd. with Indian Oil Corporation Ltd.30 Mar · Business
Synopsis of the Scheme of Amalgamation for the merger of Bongaigaon Refinery & Petrochemicals Limited with Indian Oil Corporation Limited. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.27 Mar · Corporate action
Indian Oil Corporation Ltd. had informed the Exchange vide its letter dated March 25, 2009 notifying about the Merger of Bongaigaon Refinery & Petrochemicals Ltd. (BRPL) with Indian Oil Corporation Ltd. (IndianOil) effective March 25, 2009. The Scheme of Amalgamation provides for a swap ratio of 4:37 i.e. 4 equity shares of Rs.10/- each of IndianOil (the Transferee Company) as fully paid for every 37 equity shares of Rs.10/- each of BRPL (the Transferor Company). The Company has now informed the Exchange that the Company has fixed April 28, 2009 as the Record Date for the purpose of ascertaining the eligibility of the shareholders of BRPL who would be entitled to receive the shares of IndianOil in the aforesaid approved swap ratio of 4:37 consequent upon the merger.25 Mar · Business
The Ministry of Corporate Affairs (the competent authority to approve mergers of Govt.Companies) has sanctioned the Scheme of Amalgamation for merger of Bongaigaon Refinery & Petrochemicals Limited (BRPL) (a subsidiary of IndianOil) with Indian Oil Corporation Limited under Section 391(2) read with Section 394 of the Companies Act, 1956. Consequent upon filing of the Order of Amalgamation with the Registrar of Companies (ROCs) in Shillong and Mumbai and the same being taken on record by the respective ROCs, Bongaigaon Refinery & Petrochemicals Ltd. (Transferor Company) stands dissolved and the merger becomes effective March 25, 2009. The Scheme of Amalgamation provides for a swap ratio of 4 : 37 i.e. 4 equity shares of Rs.10/- each of IndianOil (the Transferee Company) as fully paid for every 37 equity shares of Rs.10/- each of Bongaigaon Refinery & Petrochemicals Limited (the Transferor Company). The Record Date for this purpose would be notified by IndianOil in due course.
Feb 2009
16 Feb · Disclosure
Disclosure under Regulation 8A (4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 1997. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Jan 2009
16 Jan · Results
Standalone Results for the quarter ended on 31-DEC-2008 as follows: Net Sales of Rs. 111207 lacs for quarter ending on 31-DEC-2008 against Rs. 146222 lacs for the quarter ending on 31-DEC-2007. Net Profit / (Loss) of Rs. (22409) lacs for the quarter ending on 31-DEC-2008 against Rs. 8490 lacs for the quarter ending on 31-DEC-2007.
Results for the quarter to Dec 2008
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
- ₹1,112 Cr−23.9% on a year ago · −49.0% 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
- −₹257 Cr
- Net profitNet profit. What is left of revenue and other income after every cost, interest and tax. Net profit in the glossary
- −₹224 Cr
- Operating margin
- −23.1%
- Net margin
- −20.2%
From revenue to net profit, ₹ crore
- Revenue1,112
- Operating expenses−1,369
- Operating profit−257
- Depreciation−7.3
- Other income+10
- Finance costs−11
- Profit before tax−265
- Tax+40
- Net profit−224
Bongaingaon Refinery & Petrochemica results by quarter
Standalone: the listed company alone, without its subsidiaries. Latest quarter to Dec 2008. Results for the quarter to Mar 2009 were due by 30 May 2009, 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 ₹2,182 Cr, quarter to Sep 2008; lowest ₹1,112 Cr, quarter to Dec 2008A loss in 2 of the 6 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 |
|---|---|---|---|---|---|---|
| Revenue from operations | 1,383 | 1,462 | 1,840 | 2,181 | 2,182 | 1,112 |
| 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 | 1,237 | – | 1,797 | 2,039 | 2,303 | 1,369 |
| 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 | 1,116 | 1,217 | 1,637 | 2,011 | 2,144 | 898 |
| Employee costsEmployee costs. Salaries, wages, bonuses and other benefits paid to staff in the period. Employee costs in the glossary | 43 | – | 33 | – | 38 | – |
| Other expensesOther expenses. Every operating cost besides materials and staff: power, rent, freight, repairs, marketing and the like. Other expenses in the glossary | 79 | – | 127 | – | 120 | – |
| Operating profit before depreciation | 146 | – | 43 | 142 | −120 | −257 |
| Operating margin | 10.5% | – | 2.3% | 6.5% | −5.5% | −23.1% |
| 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 | 7 | – | 8 | 7 | 7 | 7 |
| 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 | 25 | 11 | 23 | 8 | 9 | 10 |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. Finance costs in the glossary | 1 | 3 | 5 | 4 | 6 | 11 |
| Profit before tax | 161 | 134 | 53 | 139 | −124 | −265 |
| Tax | 48 | 49 | 23 | 48 | −43 | −40 |
| Tax rateEffective tax rate. Tax charged as a percentage of profit before tax. Effective tax rate in the glossary | 29.8% | 36.7% | 43.1% | 34.7% | – | – |
| Net profit | 113 | 85 | 30 | 91 | −81 | −224 |
| Net margin | 8.2% | 5.8% | 1.7% | 4.2% | −3.7% | −20.2% |
Earnings per share in rupees, restated for later splits and bonuses.
1 year 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
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 2008
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
From revenue to net profit
- Revenue6,030
- Materials and goods−5,131
- Employee costs−143
- Other expenses−352
- Operating profit404
- Depreciation−31
- Other income+85
- Finance costs−9.6
- Profit before tax449
- Tax−154
- Net profit294
Profit and loss
Standalone, ₹ crore, years to March. The last column is the twelve months to Dec 2008, the latest four quarters added.
| ₹ crore | Mar 2008 | Dec 2008Twelve months |
|---|---|---|
| Revenue from operations | 6,030 | 7,315 |
| 5,626 | 7,507 | |
| Materials and goods bought | 5,131 | 6,690 |
| Employee costs | 143 | – |
| Other expenses | 352 | – |
| Operating profit before depreciation | 404 | −191 |
| Operating margin | 6.7% | −2.6% |
| Materials, % of revenueMaterials, % of revenue. Raw materials used and goods bought for resale, adjusted for the change in stock, divided by revenue, times 100. Materials, % of revenue in the glossary | 85.1% | – |
| Employee costs, % of revenueEmployee costs, % of revenue. Salaries, wages and other staff costs divided by revenue, times 100. Employee costs, % of revenue in the glossary | 2.4% | – |
| Other expenses, % of revenueOther expenses, % of revenue. Operating costs besides materials and staff divided by revenue, times 100; with the two above and the operating margin it makes 100. Other expenses, % of revenue in the glossary | 5.8% | – |
| Depreciation and amortisation | 31 | 30 |
| Operating profit after depreciationOperating profit after depreciation (EBIT). Operating profit before depreciation, less depreciation and amortisation. Operating profit after depreciation (EBIT) in the glossary | 373 | −221 |
| Other income | 85 | 50 |
| Finance costs | 10 | 25 |
| Profit before tax | 449 | −196 |
| Tax | 154 | −12 |
| Net profit | 294 | −184 |
| Net margin | 4.9% | −2.5% |
Ratios
Standalone, years to March.
| Ratio | Mar 2008 |
|---|---|
| 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 | 38.9 |
Accounting checks
Standalone, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.
| Check | Mar 2008 |
|---|---|
| Effective tax ratePublished threshold 17.16 per cent | 34.40 |
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 2008, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | +19.6% | – | – | 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.
Recent sessions
The 10 trading days to 20 Apr 2009, as traded on BSE.
| Date | Open | High | Low | Close | Average price | Volume |
|---|---|---|---|---|---|---|
| 20 Apr 2009 | 45.00 | 46.25 | 45.00 | 45.70 | 45.84 | 1,78,499 |
| 17 Apr 2009 | 44.60 | 45.60 | 44.60 | 45.05 | 45.23 | 1,40,565 |
| 16 Apr 2009 | 45.50 | 46.25 | 44.00 | 44.55 | 45.34 | 2,79,050 |
| 15 Apr 2009 | 43.80 | 46.00 | 43.80 | 44.95 | 45.38 | 4,94,869 |
| 13 Apr 2009 | 44.60 | 45.45 | 44.00 | 44.55 | 44.62 | 2,13,366 |
| 9 Apr 2009 | 43.55 | 45.75 | 43.55 | 44.35 | 44.61 | 2,91,412 |
| 8 Apr 2009 | 42.40 | 44.50 | 41.80 | 44.00 | 43.87 | 5,26,788 |
| 6 Apr 2009 | 42.00 | 43.50 | 41.50 | 43.05 | 42.82 | 11,46,680 |
| 2 Apr 2009 | 41.90 | 43.10 | 41.50 | 42.45 | 42.39 | 2,48,247 |
| 1 Apr 2009 | 41.40 | 42.00 | 41.10 | 41.50 | 41.49 | 38,336 |
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 |
|---|---|---|---|
| 21 Jan 2008 | Price move | – | Between two trading sessions the price moved by a fifth or more. The Nifty 500 moved 5% or more the same way over the same sessions. Not adjusted for. |
| 15 Nov 2007 | Price move | – | Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for. |
Each event is noted and not adjusted for.
Company details
- BSE code
- 500072
- ISIN
- INE241A01012
- Website
- www.brplindia.com
- Registered office
- P O Dhaliagaon, Dist. Chirang, Dhaligaon 783385, Assam
- Share registrar
- KFin Technologies Ltd
- Keeps the register of shareholders and handles transfers and dividend payments