Creative Merchants (Delisted) share price
BSE: 538504Commercial Services & Supplies
Creative Merchants Limited · 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 · Listed Jul 2014
Last traded ₹35.50 on 23 Dec 2015
Delisted on 16 Apr 2026.
Last announcements
The company's own last announcements before its shares stopped trading, routine notices left out.
Jul 2019
10 Jul · Statement Of Investor Complaints For The Quarter Ended June 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
Jun 2019
May 2019
20 May · Board meeting
Meeting on 30 May 2019: audited results
Apr 2019
20 Apr · Shareholding for the Period Ended March 31, 2019
Shareholding Pattern for the Period Ended March 31, 2019. For more details, kindly Click ....
Results for the quarter to Mar 2019
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
- Net profitNet profit. What is left of revenue and other income after every cost, interest and tax. Net profit in the glossary
- ₹0.00 Cr
- Earnings per shareEarnings per share. Profit belonging to shareholders divided by the number of shares, restated for later splits and bonuses so they do not break the line. Earnings per share in the glossary
- ₹0.00
From revenue to net profit, ₹ crore
- Materials and goods−0.3
- Employee costs0.0
- Other expenses0.0
- Depreciation0.0
- Other income+0.3
- Finance costs0.0
- Profit before tax0.0
- Tax0.0
- Net profit0.0
Creative Merchants results by quarter
Standalone: the listed company alone, without its subsidiaries. Latest quarter to Mar 2019. Results for the quarter to Jun 2019 were due by 14 Aug 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
A loss in the quarter to Mar 2019, ₹0.00 CrA loss in 4 of the 11 quarters with results on record
Operating and net margin by quarter, per cent
- Operating margin
- Net margin
| ₹ crore | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018Q1 | Sep 2018 | Dec 2018Q3 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 0.2 | 0.3 | – | 11.4 | 24.7 | 16.4 | – | 10.1 | 2.4 | 12.0 | 5.0 | 0.2 | – | 0.0 | 0.0 | 2.1 | 0.0 | – | 0.0 | – |
| 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 | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 0.0 | – | 0.0 | 0.3 |
| 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 | 0.2 | 0.2 | – | 11.3 | 24.6 | 16.3 | – | 17.9 | – | 12.0 | 5.0 | – | – | – | – | – | 0.0 | – | 0.0 | 0.3 |
| Employee costsEmployee costs. Salaries, wages, bonuses and other benefits paid to staff in the period. Employee costs in the glossary | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 0.0 | – | 0.0 | 0.0 |
| Other expensesOther expenses. Every operating cost besides materials and staff: power, rent, freight, repairs, marketing and the like. Other expenses in the glossary | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 0.0 | – | 0.0 | 0.0 |
| Operating profit before depreciationOperating 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 | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 0.0 | – | 0.0 | – |
| Operating margin | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 4.3% | – |
| 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 | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 0.0 | – | 0.0 | 0.0 |
| 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 | – | – | – | – | – | 0.0 | – | 0.1 | – | – | 0.1 | – | – | 0.0 | – | 0.2 | 0.0 | – | 0.0 | 0.3 |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. Finance costs in the glossary | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 0.0 | 0.0 | – | 0.0 | 0.0 |
| 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 | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 0.0 | – | 0.0 | 0.0 |
| Profit before tax | 0.0 | 0.0 | – | 0.1 | 0.0 | 0.0 | – | 0.1 | 0.0 | −0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.1 | 0.0 | – | 0.0 | 0.0 |
| – | 0.0 | – | 0.0 | – | – | – | – | – | – | – | – | – | – | – | 0.0 | 0.0 | – | 0.0 | 0.0 | |
| Tax rateEffective tax rate. Tax charged as a percentage of profit before tax. Effective tax rate in the glossary | – | 16.1% | – | 23.9% | – | – | – | – | – | – | – | – | – | – | – | 5.6% | 45.6% | – | −600.0% | 700.0% |
| Net profit | 0.0 | 0.0 | – | 0.1 | 0.0 | 0.0 | – | 0.1 | 0.0 | −0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.1 | 0.0 | – | 0.0 | 0.0 |
| Net margin | 4.8% | 6.9% | – | 0.8% | 0.1% | 0.2% | – | 0.9% | 0.0% | −0.6% | 1.1% | 21.8% | – | −144.4% | 9.1% | 2.4% | – | – | 30.4% | – |
| Earnings per share | – | – | – | – | – | – | – | – | – | – | – | ₹0.11 | −₹0.06 | −₹0.03 | – | ₹0.10 | ₹0.01 | – | ₹0.00 | ₹0.00 |
Earnings per share in rupees, restated for later splits and bonuses. No results on record for the quarters to Dec 2014, Dec 2015 and Sep 2018.
The quarters either side of a change of basis do not compare. From the quarter to Mar 2017, the company's revenue for the year to Mar 2017, ₹24 Cr, differs from its quarters added, ₹20 Cr.
6 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
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
The years either side of a change of basis do not compare. From the year to Mar 2017, the company's revenue for that year, ₹24 Cr, differs from its quarters added, ₹20 Cr.
Results for the year to Mar 2019
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
From revenue to net profit
- Materials and goods−0.3
- Employee costs0.0
- Other expenses−0.1
- Depreciation0.0
- Other income+0.3
- One-off items0.0
- Finance costs0.0
- Profit before tax0.0
- Tax0.0
- Net profit0.0
What the company owns
- Plant, investments and other assets₹5 Cr
- Inventory₹1 Cr
- Receivables₹0 Cr
- Cash and bank₹0 Cr
What pays for it: net worth and liabilities
- Net worth₹5 Cr
- Owed to suppliers₹1 Cr
- Borrowings₹0 Cr
- Other liabilities₹0 Cr
Profit and loss
Standalone, ₹ crore, years to March.
| ₹ crore | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
|---|---|---|---|---|---|---|
| Revenue from operations | 0.7 | 11.4 | 51.1 | 23.6 | 2.1 | – |
| – | – | – | – | – | 0.3 | |
| Materials and goods bought | 0.6 | 11.3 | 59.0 | 23.4 | – | 0.3 |
| Employee costs | – | – | – | – | – | 0.0 |
| Other expenses | – | – | – | – | – | 0.1 |
| Depreciation and amortisation | – | – | – | – | – | 0.0 |
| Other income | – | – | 0.1 | – | 0.2 | 0.3 |
| Finance costs | – | – | – | – | 0.0 | 0.0 |
| One-off items | – | – | – | – | – | 0.0 |
| Profit before tax | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 |
| 0.0 | 0.0 | 0.0 | – | 0.0 | 0.0 | |
| Net profit | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 |
| Net margin | 2.9% | 0.6% | 0.0% | 0.0% | 0.3% | – |
Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the years to Mar 2014, Mar 2015, Mar 2016 and Mar 2017: the statement does not state its finance costs or depreciation, which operating profit is worked out from, so operating profit is not given. Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the year to Mar 2018: the statement does not state its depreciation, which operating profit is worked out from, so operating profit is not given. Revenue from operations, operating profit before depreciation and operating profit after depreciation are left blank for the year to Mar 2019: the filing states revenue as 0 for a year whose own quarters state revenue, a placeholder rather than a figure, so revenue and what is made from it are not held.
Balance sheet
Standalone, ₹ crore, at 31 March.
| ₹ crore | Mar 2019 |
|---|---|
| Net worth. What the company owns less everything it owes: the money shareholders have in the business, paid in and kept from profits. Net worth in the glossary | 5.15 |
| Share capitalShare capital. The face value of all the shares the company has issued. Share capital in the glossary | 5.00 |
| ReservesReserves. The rest of the shareholders' net worth: profits kept in the business over the years, and money paid for shares above their face value. Reserves in the glossary | 0.15 |
| BorrowingsBorrowings. Loans, bonds and other money the company has borrowed and must repay with interest. Borrowings in the glossary | 0.10 |
| Liabilities due within a year. Everything the company must pay within twelve months: borrowings falling due, suppliers, and other dues and provisions. Liabilities due within a year in the glossary | 1.30 |
| Liabilities due after a yearLiabilities due after a year. Everything the company owes that falls due more than twelve months on, borrowings among it. Liabilities due after a year in the glossary | 0.10 |
| Total assetsTotal assets. Everything the company owns or controls: plant, investments, stock, money owed by customers and cash. Total assets in the glossary | 6.56 |
| Assets held for longer than a yearAssets held for longer than a year. Everything the company owns that it does not expect to turn into cash within twelve months: plant, intangibles, long-term investments, loans given and the like. Assets held for longer than a year in the glossary | 4.67 |
| Assets turning to cash within a year. Everything the company expects to turn into cash or use up within twelve months: stock, money owed by customers, cash and short-term investments. Assets turning to cash within a year in the glossary | 1.89 |
| Net debtNet debt. Borrowings less cash, other bank balances and current investments: what the company would still owe if it used its cash to repay. Net debt in the glossary | 0.04 |
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 2014, Mar 2015, Mar 2016, Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.
Ratios
Standalone, years to March.
| Ratio | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
|---|---|---|---|---|---|
| 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 | 1,454.5% | 346.8% | – | −91.1% | – |
| Net profit growthNet profit growth. This year's net profit less last year's, divided by last year's, times 100; blank where last year's is not above nought. Net profit growth in the glossary | 204.8% | −76.6% | −26.7% | −36.4% | −52.9% |
| Earnings per share growthEarnings per share growth. This year's earnings per share less last year's, on the same share count, divided by last year's, times 100; blank where last year's is not above nought. Earnings per share growth in the glossary | – | – | – | −56.5% | −30.0% |
| Debt to equityDebt to equity. Borrowings at the year end divided by net worth: rupees borrowed for each rupee shareholders have in the business. | – | – | – | – | 0.02 |
| Inventory daysInventory days. Inventories divided by the cost of materials and goods, times 365: the days of stock the company holds. Inventory days in the glossary | – | – | – | – | 1,392 |
| Payable daysPayable days. Trade payables divided by the cost of materials and goods, times 365: the average days the company takes to pay suppliers. Payable days in the glossary | – | – | – | – | 1,699 |
| Assets per rupee of net worthAssets per rupee of net worth. Average total assets divided by average net worth: how far borrowings and other liabilities stretch the shareholders' money. Assets per rupee of net worth in the glossary | – | – | – | – | 1.27 |
Revenue growth is left blank for the year to Mar 2017: 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: the filing states revenue as 0 for a year whose own quarters state revenue, a placeholder rather than a figure, so revenue and what is made from it are not held. No balance sheet is on record for the years to 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 yearReturn on assets, latest year. Profit to the company's own shareholders in the latest year ÷ the average of that year's opening and closing total assets × 100; empty for a bank, a lender or an insurer, whose own return on assets is shown with its accounts.
- 0.1%
| Measure | 5 years | 3 years |
|---|---|---|
| Profit growth, yearly rateProfit growth, yearly rate. 3 years: Profit to the company's own shareholders in the latest year ÷ profit to the company's own shareholders in the year three years before, to the power of one third, − 1, × 100: the yearly rate it grew at; empty where either year is missing, nought or a loss, or a change of year end falls between them. 5 years: Profit to the company's own shareholders in the latest year ÷ profit to the company's own shareholders in the year five years before, to the power of one fifth, − 1, × 100: the yearly rate it grew at; empty where either year is missing, nought or a loss, or a change of year end falls between them. 10 years: Profit to the company's own shareholders in the latest year ÷ profit to the company's own shareholders in the year ten years before, to the power of one tenth, − 1, × 100: the yearly rate it grew at; empty where either year is missing, nought or a loss, or a change of year end falls between them. | −30.9% | −39.6% |
| 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. | 0.2% | 0.2% |
Accounting checks
Standalone, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.
| Check | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
|---|---|---|---|---|---|---|
| Altman Z-scoreAltman Z-score. Working capital, reserves, operating profit, market value and sales, each over total assets, weighted and added: a published measure of financial strain. Altman Z-score in the glossaryPublished threshold 1.1 | – | – | – | – | – | 4.51 |
| Effective tax ratePublished threshold 17.16 per cent | 36.36 | 30.98 | 33.33 | – | 30.00 | 51.47 |
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, Trading in goods, which carries all its revenue.
Creative Merchants share price by year
Each calendar year to 2015.
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2015 | 35.50 | −73.2% | 203.80 | 35.50 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.
Recent sessions
The 10 trading days to 23 Dec 2015, as traded on BSE.
| Date | Open | High | Low | Close | Average price | Volume |
|---|---|---|---|---|---|---|
| 23 Dec 2015 | 35.50 | 35.50 | 35.50 | 35.50 | 35.50 | 275 |
| 22 Dec 2015 | 35.50 | 35.50 | 35.50 | 35.50 | 35.50 | 1 |
| 21 Dec 2015 | 35.50 | 35.50 | 35.50 | 35.50 | 35.50 | 1,210 |
| 18 Dec 2015 | 35.50 | 35.50 | 35.50 | 35.50 | 35.50 | 11 |
| 17 Dec 2015 | 35.50 | 35.50 | 35.50 | 35.50 | 35.50 | 10 |
| 16 Dec 2015 | 35.50 | 35.50 | 35.50 | 35.50 | 35.50 | 211 |
| 15 Dec 2015 | 35.50 | 35.50 | 35.50 | 35.50 | 35.50 | 66 |
| 14 Dec 2015 | 35.50 | 35.50 | 35.50 | 35.50 | 35.50 | 631 |
| 11 Dec 2015 | 35.50 | 35.50 | 35.50 | 35.50 | 35.50 | 582 |
| 10 Dec 2015 | 35.50 | 35.50 | 35.50 | 35.50 | 35.50 | 5 |
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 |
|---|---|---|---|
| 15 Dec 2014 | Price 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. |
Each event is noted and not adjusted for.
Company details
- BSE code
- 538504
- ISIN
- INE896P01011
- Industry
- Commercial Services & Supplies
- Website
- www.creativemerchants.co.in
- CIN
- L51101GJ1984PLC102027
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1984
- Registered office
- Shop No.4, Second Floor, Gill Road, Indra Market,Opp. Panna Singh Pakore Wala, Ludhiana 141003, Punjab
- Share registrar
- Accurate Securities & Registry Pvt. Ltd
- Keeps the register of shareholders and handles transfers and dividend payments