Dhruv Estates (Delisted) share price

BSE: 507886Realty

Dhruv Estates Ltd. · Face value ₹10 · Listed Jun 1986

Last traded ₹11.78 on 26 Sep 2022

Delisted on 10 Jan 2024.

Last announcements

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

Share price history

Daily closes since Jan 2007, adjusted for splits and bonuses

Daily close, ₹ per share

Results for the quarter to Mar 2021

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

Revenue
₹0.00 Cr
Operating profit
−₹0.01 Cr
Net profit
−₹0.01 Cr
Operating margin
−566.7%
Net margin
−358.7%

From revenue to net profit, ₹ crore

  1. Revenue0.0
  2. Employee costs0.0
  3. Other expenses0.0
  4. Operating profit0.0
  5. Depreciation0.0
  6. Other income0.0
  7. Finance costs0.0
  8. Profit before tax0.0
  9. Tax0.0
  10. Net profit0.0

Dhruv Estates results by quarter

Standalone: the listed company alone, without its subsidiaries. Latest quarter to Mar 2021. Results for the quarter to Jun 2021 were due by 14 Aug 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
0Jun 180.00.0Sep 180.0Dec 180.0Mar 1900.0Jun 1900.0Sep 190.00.0Dec 1900.0Mar 2000.0Jun 2000.0Sep 2000.0Dec 200.00.0Mar 21
Peak revenue ₹0.01 Cr, quarter to Dec 2019; lowest ₹0.00 Cr, quarter to Jun 2019A loss in 6 of the 12 quarters shown

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
203.4%−566.7%−263.1%−134.8%−566.7%123.1%203.4%−358.7%Jun 18Dec 18Jun 19Dec 19Jun 20Dec 20Mar 21
₹ croreJun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Q1Sep 2018Dec 2018Q3Mar 2019Jun 2019Q1Sep 2019Dec 2019Q3Mar 2020Jun 2020Q1Sep 2020Dec 2020Q3Mar 2021
Revenue from operations–––0.010.010.020.020.02–0.00––0.000.000.010.000.000.000.000.00
––––––––0.040.020.010.010.040.010.010.010.000.010.010.01
Materials and goods bought––––––––0.000.000.000.000.000.000.000.000.000.000.000.00
Employee costs––––––––0.000.000.000.000.000.000.000.000.000.000.000.00
Other expenses––––––––0.040.020.010.010.040.010.010.010.000.010.010.01
Operating profit before depreciation–––––––––−0.01––−0.04−0.01−0.01−0.010.00−0.01−0.01−0.01
Operating margin–––––––––−263.1%––––−134.8%––––−566.7%
Depreciation and amortisation––––––––0.000.000.000.000.000.000.000.000.000.000.000.00
Other income0.020.020.020.020.020.020.020.020.020.020.020.020.020.020.02−0.010.000.000.000.00
Finance costs––––––––0.000.000.000.000.000.000.000.000.000.000.000.00
Profit before one-off items and tax−0.010.010.010.02−0.010.010.010.01−0.020.010.010.01−0.030.000.01−0.020.00−0.01−0.01−0.01
One-off items–––––0.01––0.000.000.000.000.000.000.000.000.000.000.000.00
Profit before tax−0.010.010.010.02−0.010.020.010.01−0.020.010.010.01−0.030.000.01−0.020.00−0.01−0.01−0.01
–––0.00–––0.00−0.020.000.000.000.000.000.000.000.000.000.000.00
Tax rate–––26.7%–––36.4%–0.0%0.0%0.0%–0.0%0.0%–––––
Net profit−0.010.010.010.01−0.010.020.010.010.000.010.010.01−0.030.000.01−0.020.00−0.01−0.01−0.01
Other comprehensive income––––––––−0.020.000.000.000.000.000.000.000.000.000.000.00
Total comprehensive income––––––––−0.020.010.010.01−0.030.000.01−0.020.00−0.01−0.01−0.01
Net margin–––220.0%−140.0%94.4%61.1%38.9%–123.1%––––203.4%––––−358.7%
Earnings per share––––––––₹0.00–––––––––––
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
0.00.0Mar 120.00.0Mar 130.00.0Mar 140.00.0Mar 150.00.0Mar 160.00.0Mar 170.00.0Mar 180.00Mar 190.00.00Mar 200.00.00Mar 21
Peak revenue ₹0.01 Cr, year to Mar 2018; lowest ₹0.00 Cr, year to Mar 2021A loss in the year to Mar 2021, −₹0.03 Cr

Operating and net margin, per cent

  • Operating margin
  • Net margin
650.0%−2,123.3%−134.6%−2,123.3%650.0%300.0%250.0%85.7%250.0%280.0%210.0%203.4%−1,783.3%Mar 12Mar 14Mar 16Mar 18Mar 20Mar 21

Results for the year to Mar 2021

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

From revenue to net profit

  1. Revenue0.0
  2. Employee costs0.0
  3. Other expenses0.0
  4. Operating profit0.0
  5. Depreciation0.0
  6. Other income0.0
  7. One-off items0.0
  8. Finance costs0.0
  9. Profit before tax0.0
  10. Tax0.0
  11. Net profit0.0

What the company owns

  • Inventory₹1 Cr
  • Plant, investments and other assets₹1 Cr
  • Cash and bank₹0 Cr

What pays for it: net worth and liabilities

  • Net worth₹1 Cr
  • Other liabilities₹0 Cr

Profit and loss

Standalone, ₹ crore, years to March.

₹ croreMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue from operations0.000.010.010.010.010.010.01–0.010.00
–––––––0.010.010.03
Materials and goods bought–––––––0.000.000.00
Employee costs–––––––0.000.000.00
Other expenses–––––––0.010.010.03
Operating profit before depreciation––––––––−0.01−0.03
Operating margin––––––––−134.6%−2,123.3%
Materials, % of revenue––––––––0.0%0.0%
Employee costs, % of revenue––––––––0.0%0.0%
Other expenses, % of revenue––––––––234.6%2,223.3%
Depreciation and amortisation–––––––0.000.000.00
Operating profit after depreciation––––––––−0.01−0.03
Other income0.070.070.070.070.070.070.070.020.020.01
Finance costs–––––––0.000.000.00
Profit before one-off items and tax0.030.030.030.010.020.020.010.010.01−0.03
One-off items––––––0.010.000.000.00
Profit before tax0.030.030.030.010.020.020.030.010.01−0.03
Tax0.010.010.010.000.000.000.000.000.000.00
Net profit0.030.020.020.010.020.010.020.010.01−0.03
Net margin650.0%300.0%250.0%85.7%250.0%280.0%210.0%–203.4%−1,783.3%
Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the years to Mar 2012, Mar 2013, Mar 2014, Mar 2015, Mar 2016, Mar 2017 and Mar 2018: the statement does not state its finance costs or 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.
Earlier years, Mar 2008 to Mar 2011
₹ croreMar 2008Mar 2009Mar 2010Mar 2011
Revenue from operations0.050.010.010.01
Other income0.050.060.050.06
One-off items−0.01–––
Profit before tax−0.020.00−0.010.02
Tax–––0.00
Net profit−0.020.00−0.010.02
Net margin−36.2%16.7%−160.0%360.0%
Standalone, ₹ crore, years to March.

Balance sheet

Standalone, ₹ crore, at 31 March.

₹ croreMar 2019Mar 2020Mar 2021
1.541.501.48
Share capital0.980.980.98
Reserves0.560.520.50
Borrowings0.000.000.00
0.020.030.00
Liabilities due after a year0.000.000.03
Total assets1.551.531.51
Assets held for longer than a year0.000.000.00
1.551.531.50
Net debt−0.17−0.14−0.11
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 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 2017Mar 2018Mar 2019Mar 2020Mar 2021
Earnings per share₹0.15––––
Diluted earnings per share₹0.15––––
Earnings per share is left blank for the years to Mar 2019, Mar 2020 and Mar 2021: the earnings per share is stated as 0 while the period's profit or loss comes to at least half a paisa a share, so the 0 stands in for a figure the filing does not give.

Ratios

Standalone, years to March.

RatioMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue growth−20.0%75.0%14.3%−12.5%−14.3%−16.7%100.0%––−70.0%
Net profit growth44.4%−19.2%−4.8%−70.0%150.0%−6.7%50.0%−64.1%35.1%–
––––––––0.7%−1.8%
–––––––––−2.5 pts
From the net margin–––––––––−6.5 pts
From asset turnover–––––––––4.1 pts
From borrowing–––––––––0.0 pts
Return on capital employed––––––––−0.4%−2.2%
Debt to equity–––––––0.000.000.00
Receivable days––––––––00
Working capital days––––––––99,7643,39,285
Asset turnover––––––––0.000.00
Assets per rupee of net worth–––––––1.011.011.02
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 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 2021.

Return on assets, latest year
−1.8%
Measure10 years5 years3 years
Revenue growth, yearly rate−11.3%−24.2%−46.9%
Return on equity, average––−0.6%
Return on capital employed, average––−1.3%
Operating margin, average––−1,129.0%
Net margin, average49.5%−272.5%−790.0%
Asset turnover, average––0.00
Debt to equity, average––0.00

Accounting checks

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

CheckMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Altman Z-scorePublished threshold 1.1–––––––113.9469.0359.52
Other current assets growth less revenue growthOur threshold 5 per cent of revenue––––––––84.4033,357.33
Effective tax ratePublished threshold 17.16 per cent18.7519.2320.0028.5722.2222.2216.000.000.00–
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 2021 the company reports one business segment, Construction, which carries all its revenue.

Dhruv Estates share price by year

Each calendar year to 2022.

YearClose at year endChangeHighest closeLowest close
202211.78−0.6%12.4011.78
202111.85−9.3%13.009.27
202013.07−50.7%26.5013.07
201926.50−5.4%29.4026.50
201828.00−9.7%31.2028.00
201731.00+3.3%32.9522.00
201630.00+61.3%39.0019.50
201518.60+51.0%26.0010.96
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2022 is from its first session, 25 Jul 2022. The close is the year's last trade for 2022 (26 Sep 2022), 2021 (13 Dec 2021), 2019 (10 Dec 2019) and 2017 (16 Oct 2017).

Recent sessions

The 10 trading days to 26 Sep 2022, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
26 Sep 202211.7811.7811.7811.7811.78200
16 Aug 202212.4012.4012.4012.4012.4025
8 Aug 202211.8511.8511.8511.8511.852
25 Jul 202211.8511.8511.8511.8511.851,500
13 Dec 202111.8511.8511.8511.8511.85400
6 Dec 202111.3011.3011.3011.3011.308
16 Nov 202111.3011.3011.3011.3011.30100
2 Nov 202111.3011.3011.3011.3011.30100
1 Nov 202111.3011.3011.3011.3011.30211
25 Oct 202111.3011.3011.3011.3011.3018
Prices in ₹ per share as traded, not adjusted.

Company details

BSE code
507886
ISIN
INE780E01011
Industry
Realty
CIN
L45200MH1983PLC031015
Corporate identity number, the registrar of companies' code for it
Incorporated
1983
Registered office
B/709, Sagar Tech Plaza, Andheri Kurla Road, Sakinaka Junction, Andheri East, Mumbai 400072, Maharashtra
Share registrar
TSR Consultants Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments