Chromatic India (Delisted) share price

BSE: 530191Chemicals & Petrochemicals

Chromatic India Ltd · Face value ₹10 · Listed May 1995

Last traded ₹0.99 on 13 Dec 2021

Delisted on 28 Oct 2022.

Last announcements

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

  1. Jul 2022

    • 15 Jul · Delisting

      Members of the Exchange are hereby notified that in terms of Regulation 32(1) of Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2021 read with Section 21A of the Securities Contract (Regulations) Act, 1956, Securities Contract (Regulations) Rules, 1957 and Bye - Laws and Regulations of National Stock Exchange of India Limited ("Exchange"), it is hereby notified that it has been decided to delist (withdraw the admission to dealings in) equity shares of Chromatic India Limited w.e.f. July 18, 2022.
  2. May 2021

    • 17 May · Legal

      Exchange has sought clarification from Chromatic India Limited for the quarter ended 31-Dec-2020 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. On basis of above the Company is required to clarify the following: -1. Consolidated Financial Results not submitted The response of the Company is awaited.
  3. Mar 2021

Share price history

Daily closes since Mar 2010, BSE closes Jan 2007 to May 2012, in Aug 2019, in Sep 2019, in Sep 2019, in Oct 2019, in Dec 2019, in May 2020, in May 2020 and Nov 2021 to Dec 2021, adjusted for splits and bonuses. Earlier closes are left out: on 22 Mar 2010 the price changed in a way no corporate action on record explains.

Daily close, ₹ per share

Q3 results, quarter to Dec 2020

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

Revenue
₹0.16 Cr−71.1% on the quarter before
Operating profit
−₹0.74 Cr
Net profit
−₹0.80 Cr
Earnings per share
−₹0.01
Operating margin
−459.8%
Net margin
−499.9%

From revenue to net profit, ₹ crore

  1. Revenue0.2
  2. Materials and goods−0.1
  3. Employee costs−0.4
  4. Other expenses−0.4
  5. Operating profit−0.7
  6. Depreciation−0.1
  7. Other income0.0
  8. Finance costs0.0
  9. Profit before tax−0.8
  10. Tax0.0
  11. Net profit−0.8

Chromatic India results by quarter

Standalone: the listed company alone, without its subsidiaries. Latest quarter to Dec 2020. Results for the quarter to Mar 2021 were due by 30 May 2021, 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
14−0.4Mar 180.8−0.5Jun 181.3−0.3Sep 183.40.1Dec 181.50.2Mar 192.2−1.0Jun 191.8−0.7Sep 192.6−0.2Dec 191.6−0.6Mar 200.3−0.7Jun 200.6−269Sep 200.2−0.8Dec 20
A loss in 10 of the 12 quarters shown

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
14.2%−48,547.3%−0.4%−47.9%−16.8%0.9%−35.1%−46.6%−36.2%−5.9%−39.2%−196.1%−48,508.4%−459.8%−2.7%−59.7%−20.8%3.1%14.2%−44.8%−38.8%−8.9%−41.5%−193.1%−48,547.3%−499.9%Mar 18Sep 18Mar 19Sep 19Mar 20Sep 20Dec 20
₹ croreMar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Q1Sep 2018Dec 2018Q3Mar 2019Jun 2019Q1Sep 2019Dec 2019Q3Mar 2020Jun 2020Q1Sep 2020Dec 2020Q3Filed 25 Mar
Revenue from operations8111069109101411322232010
–––61010810151232323212691
Materials and goods bought79958–79–01212221110
Employee costs––––0–00–00000000000
Other expenses––––2–10–0001100102680
Operating profit before depreciation–––0−10000000−1−1−10−1−1−268−1
Operating margin–––2.9%−8.0%1.3%0.8%1.2%−0.4%−47.9%−16.8%0.9%−35.1%−46.6%−36.2%−5.9%−39.2%−196.1%−48,508.4%−459.8%
Depreciation and amortisation–––00000000000000000
Other income00001000000012000000
Finance costs00000000000000000000
One-off items–––––––––00000000000
Profit before tax00000000000001−10−1−1−269−1
0–––0–––000002000000
Tax rate−12.5%––––––––––0.0%15.1%204.8%––––––
Net profit0000000000000−1−10−1−1−269−1
Other comprehensive income–––––––––1314−1006−2312000
Total comprehensive income–––––––––1214−1005−3312−1−269−1
Net margin0.1%0.3%0.3%0.2%−0.6%0.3%0.3%0.7%−2.7%−59.7%−20.8%3.1%14.2%−44.8%−38.8%−8.9%−41.5%−193.1%−48,547.3%−499.9%
Earnings per share₹0.00₹0.01₹0.00₹0.00−₹0.01₹0.00₹0.00₹0.00−₹0.01−₹0.01₹0.00₹0.00₹0.00−₹0.01–₹0.00−₹0.01–−₹3.78−₹0.01
Earnings per share in rupees, restated for later splits and bonuses.

The quarters either side of a change of basis do not compare. From the quarter to Mar 2020, the company's revenue for the year to Mar 2020, ₹10 Cr, differs from its quarters added, ₹8.14 Cr.

The quarter to Jun 2020 was restated in the company's filing of 17 Nov 2020. The table shows the restated figures.

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
1050.9Mar 111200.9Mar 12930.2Mar 13280.0Mar 14410.0Mar 15290.0Mar 16360.0Mar 1744−0.3Mar 186.5−0.42.8Mar 1910−2.63.7Mar 20
A loss in 3 of the 10 years shown

Operating and net margin, per cent

  • Operating margin
  • Net margin
2.5%−24.9%−3.1%−0.4%1.3%2.3%2.5%−1.2%0.6%−24.0%−2.2%0.9%0.7%0.2%0.0%0.1%0.1%0.0%−0.6%−6.3%−24.9%Mar 11Mar 13Mar 15Mar 17Mar 19Mar 20

The years either side of a change of basis do not compare. From the year to Mar 2020, the company's revenue for that year, ₹10 Cr, differs from its quarters added, ₹8.14 Cr.

Results for the year to Mar 2020

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

From revenue to net profit

  1. Revenue10
  2. Materials and goods−6.6
  3. Employee costs−1.6
  4. Other expenses−2.4
  5. Operating profit−0.2
  6. Depreciation−0.3
  7. Other income0.0
  8. One-off items0.0
  9. Finance costs−0.2
  10. Profit before tax−0.7
  11. Tax−1.9
  12. Net profit−2.6

What the company owns

  • Plant, investments and other assets₹381 Cr
  • Receivables₹13 Cr
  • Cash and bank₹2 Cr
  • Inventory₹2 Cr

What pays for it: net worth and liabilities

  • Net worth₹344 Cr
  • Other liabilities₹33 Cr
  • Owed to suppliers₹17 Cr
  • Borrowings₹4 Cr

Profit and loss

Standalone, ₹ crore, years to March. The last column is the twelve months to Dec 2020, the latest four quarters added.

₹ croreMar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Dec 2020Twelve monthsFiled 25 Mar
Revenue from operations1051209328412936446103
109121922740–3743811273
Materials and goods bought102117872436253238572
Employee costs–––11–12221
Other expenses–––23–3322270
Operating profit before depreciation−30111–00−20−271
Operating margin−3.1%−0.4%1.3%2.3%2.5%–−1.2%0.6%−24.0%−2.2%−10,327.1%
Materials, % of revenue–––84.9%87.0%–87.7%87.9%72.1%63.8%90.0%
Employee costs, % of revenue–––4.9%3.5%–3.9%4.1%25.6%15.2%48.4%
Other expenses, % of revenue–––7.9%7.0%–9.6%7.4%26.3%23.1%10,288.6%
Depreciation and amortisation00000–00000
Operating profit after depreciation−4−1101–−10−20−271
Other income53010010200
Finance costs00111000000
One-off items––––––––000
Profit before tax110000000−1−271
00000000020
Net profit110000000−3−271
Other comprehensive income––––––––161912
Total comprehensive income––––––––1517−258
Net margin0.9%0.7%0.2%0.0%0.1%0.1%0.0%−0.6%−6.3%−24.9%−10,338.8%
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the years to Mar 2011, Mar 2012 and Mar 2013 they do not, so they are left blank. Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the year to Mar 2016: 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 operations15.312.616.7
–12.916.1
Materials and goods bought14.59.712.8
Employee costs––1.3
Other expenses––2.0
Operating profit before depreciation–−0.30.5
Operating margin–−2.5%3.1%
Materials, % of revenue––76.9%
Employee costs, % of revenue––7.8%
Other expenses, % of revenue––12.2%
Depreciation and amortisation0.20.30.2
Operating profit after depreciation–−0.60.3
Other income3.4––
Finance costs–0.10.1
One-off items−0.2––
Profit before tax0.4−0.70.1
Tax0.10.00.0
Net profit0.3−0.70.2
Net margin1.8%−5.3%1.0%
Standalone, ₹ crore, years to March.

Balance sheet

Standalone, ₹ crore, at 31 March.

₹ croreMar 2019Mar 2020
333344
Share capital7171
Reserves262273
Borrowings34
6822
Liabilities due after a year2732
Total assets427398
359378
6820
Net debt12
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 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 2019Mar 2020
Earnings per share₹0.13₹0.12₹0.03₹0.00–₹0.00₹0.00₹0.00−₹0.01−₹0.04
Diluted earnings per share–₹0.12₹0.03₹0.00–₹0.00₹0.00₹0.00−₹0.01−₹0.04
Market cap at the year end (₹ crore)74854716126–30––––

Ratios

Standalone, years to March.

RatioMar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue growth533.2%14.2%−22.9%−69.9%47.6%−29.0%23.7%20.1%−85.1%–
Operating profit growth–––−46.2%56.3%–––––
Net profit growth473.0%−6.4%−75.4%−93.8%138.5%−12.9%−59.3%–––
Earnings per share growth–−7.7%−75.0%−93.3%––−50.0%–––
––––––––−0.1%−0.8%
–––––––––−0.6 pts
From the net margin–––––––––−0.4 pts
From asset turnover–––––––––−0.3 pts
From borrowing–––––––––0.0 pts
Return on capital employed––––––––−0.5%−0.1%
Interest cover––0.80.30.9––0.2––
Debt to equity––––––––0.010.01
Receivable days––––––––3,088449
Inventory days––––––––128117
Payable days––––––––4,956958
Cash conversion cycle, days––––––––−1,739−392
Working capital days––––––––81−7
Asset turnover––––––––0.020.03
Assets per rupee of net worth––––––––1.281.22
Sales per rupee of plant––––––––1.943.34
Plant being built, % of plant in use––––––––3,161.8%3,428.5%
Interest cover is left blank for the years to Mar 2011, Mar 2012, Mar 2017, Mar 2019 and Mar 2020: operating profit after depreciation is a loss, and a loss covers no interest bill. Revenue growth is left blank for the year to Mar 2020: between the two periods the company restated its earlier figures, so the two are on different bases and the change is not worked out. No balance sheet is on record for the years to 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 2020.

Return on assets, latest year
−0.6%
Measure10 years5 years3 years
Return on equity, average––−0.4%
Return on capital employed, average––−0.3%
Operating margin, average−2.7%−6.7%−8.5%
Net margin, average−3.0%−6.4%−10.6%
Asset turnover, average––0.02
Cash conversion cycle, days, average––−1,066
Debt to equity, average––0.01

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
Effective tax ratePublished threshold 17.16 per cent22.0432.0025.5553.8536.73–––––
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, Chemicals & Dyes, 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−41.2%––0.0%
3 years−43.7%––0.0%
5 years−31.8%––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.

Chromatic India share price by year

Each calendar year to 2021.

YearClose at year endChangeHighest closeLowest close
2021BSE close0.99+10.0%1.250.55
2020BSE close0.90+109.3%1.150.45
2019BSE close0.43−57.0%1.350.40
20181.00−67.7%3.200.95
20173.10+10.7%3.451.90
20162.80−17.6%5.702.75
20153.40−6.8%5.952.70
₹ 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 13 Dec 2021.

Recent sessions

The 10 trading days to 13 Dec 2021, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
13 Dec 20210.970.990.970.990.995,94,984
6 Dec 20210.950.950.950.950.954,13,514
29 Nov 20210.910.920.840.910.903,76,031
30 Aug 20210.900.900.900.900.9045,988
23 Aug 20210.950.950.950.950.9544,883
16 Aug 20211.001.001.001.001.0062,213
9 Aug 20211.051.051.051.051.0575,448
2 Aug 20211.201.201.101.101.111,69,810
26 Jul 20211.251.251.151.151.182,52,655
19 Jul 20211.201.201.201.201.202,98,903
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
22 Mar 2010Price 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
530191
ISIN
INE662C01015
Industry
Chemicals & Petrochemicals
Former symbols
CHROMATIC
CIN
L99999MH1987PLC044447
Corporate identity number, the registrar of companies' code for it
Incorporated
1987
Registered office
207, Vardhaman Complex Premises Co-Operative So. Ltd, LBS Marg, Vikhroli (W), Mumbai 400083, Maharashtra
Share registrar
Bigshare Services Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments