Divinus Fabrics (Delisted) share price

BSE: 538432Commercial Services & Supplies

Divinus Fabrics Limited · Face value ₹10 · Listed Jun 2014

Last traded ₹6.20 on 13 Dec 2021

Delisted on 20 Jun 2023.

Last announcements

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

  1. Sep 2020

  2. Jul 2020

Share price history

Daily closes since Jun 2014, adjusted for splits and bonuses

Daily close, ₹ per share

Q3 results, quarter to Dec 2019

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

Revenue
₹0.00 Cr
Operating profit
−₹0.01 Cr
Net profit
₹0.03 Cr+1,108.0% on a year ago
Earnings per share
₹0.010.0% on a year ago

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

Divinus Fabrics results by quarter

Standalone: the listed company alone, without its subsidiaries. Latest quarter to Dec 2019. Results for the quarter to Mar 2020 were due by 30 May 2020, 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
1.20.0Mar 170.90.0Jun 170.20.0Sep 170.00.0Dec 170.20.0Mar 1800.0Jun 1800.0Sep 1800.0Dec 1800.0Mar 1900.0Jun 1900.0Sep 1900.0Dec 19
Peak revenue ₹1.20 Cr, quarter to Mar 2017; lowest ₹0.00 Cr, quarter to Jun 2018A loss in 3 of the 12 quarters shown

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
26.5%−500.0%1.8%0.5%−1.3%−500.0%26.5%Mar 17Sep 17Mar 18Sep 18Mar 19Sep 19Dec 19
₹ croreMar 2015Jun 2015Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Q1Sep 2018Dec 2018Q3Mar 2019Jun 2019Q1Sep 2019Dec 2019Q3
Revenue from operations1.880.760.730.76–0.961.070.761.200.880.160.000.150.000.000.000.000.000.000.00
–––––––––––––0.050.020.030.050.050.030.01
Materials and goods bought1.560.660.630.64–0.880.970.650.950.790.10––0.000.000.000.000.000.000.00
Employee costs–––––––––––––0.010.010.010.010.010.010.01
Other expenses–––––––––––––0.040.010.020.040.040.020.00
Operating profit before depreciation–––––––––––––−0.05−0.02−0.03−0.05−0.05−0.03−0.01
Depreciation and amortisation–––––––––––––0.000.000.000.000.000.000.00
Other income–––––––––––0.000.150.000.060.030.100.050.050.05
Finance costs–––––––––––––0.000.000.000.000.000.000.00
One-off items–––––––––––––0.000.000.000.000.000.000.00
Profit before tax0.050.010.000.00–0.010.010.000.030.010.00−0.020.05−0.050.040.000.050.000.020.04
0.020.000.000.00–0.000.000.000.010.00––0.010.000.000.000.010.000.000.01
Tax rate34.5%33.3%45.0%30.0%–28.6%28.6%25.0%32.3%33.3%––13.3%–0.0%0.0%25.9%25.0%26.3%25.1%
Net profit0.030.000.000.00–0.010.010.000.020.000.00−0.020.04−0.050.040.000.040.000.010.03
Net margin1.8%0.5%0.1%0.1%–0.5%0.5%0.4%1.8%0.5%−1.3%−500.0%26.5%–––––––
Earnings per share₹0.08₹0.01––––––₹0.05₹0.01−₹0.01−₹0.05₹0.09−₹0.10₹0.10₹0.01₹0.08₹0.01₹0.03₹0.01
Earnings per share in rupees, restated for later splits and bonuses. No results on record for the quarter to Mar 2016.

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
4.60.1Mar 145.10.1Mar 15Mar 164.00.0Mar 171.00.0Mar 1800.00Mar 19
Peak revenue ₹5.10 Cr, year to Mar 2015; lowest ₹0.00 Cr, year to Mar 2019

Operating and net margin, per cent

  • Operating margin
  • Net margin
2.4%0.9%2.4%1.1%0.9%2.0%Mar 14Mar 15Mar 16Mar 17Mar 18Mar 19

Results for the year to Mar 2019

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

From revenue to net profit

  1. Revenue0.0
  2. Employee costs0.0
  3. Other expenses−0.1
  4. Operating profit−0.1
  5. Depreciation0.0
  6. Other income+0.2
  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

  • Plant, investments and other assets₹4 Cr
  • Receivables₹0 Cr
  • Cash and bank₹0 Cr

What pays for it: net worth and liabilities

  • Net worth₹5 Cr
  • Other liabilities₹0 Cr
  • Owed to suppliers₹0 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 Dec 2019, the latest four quarters added.

₹ croreMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Dec 2019Twelve months
Revenue from operations4.615.10–3.991.040.000.00
–––––0.150.14
Materials and goods bought3.884.51–3.450.920.000.00
Employee costs–––––0.050.04
Other expenses–––––0.100.10
Operating profit before depreciation–––––−0.15−0.14
Depreciation and amortisation–––––0.000.00
Operating profit after depreciation–––––−0.15−0.14
Other income––––0.160.190.25
Finance costs–––––0.000.00
One-off items–––––0.000.00
Profit before tax0.180.08–0.050.030.050.11
0.070.03–0.020.010.010.03
Net profit0.110.05–0.030.020.040.08
Net margin2.4%1.1%–0.9%2.0%––
Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the years to Mar 2014, Mar 2015, 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.

Balance sheet

Standalone, ₹ crore, at 31 March.

₹ croreMar 2019
4.84
Share capital4.46
Reserves0.38
Borrowings0.00
0.03
Liabilities due after a year0.00
Total assets4.87
Assets held for longer than a year0.00
4.87
Net debt−0.34
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 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 2015Mar 2016Mar 2017Mar 2018Mar 2019
Earnings per share₹0.12–₹0.08₹0.05₹0.08
Diluted earnings per share₹0.12–₹0.08₹0.05₹0.08
Book value per share––––₹10.85
Market cap at the year end (₹ crore)178–––7

Ratios

Standalone, years to March.

RatioMar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue growth10.8%––−74.0%−100.0%
Net profit growth−51.8%––−38.2%66.7%
Earnings per share growth–––−37.5%60.0%
Return on capital employed––––−3.0%
Debt to equity––––0.00
Asset turnover––––0.00
Assets per rupee of net worth––––1.01
No balance sheet is on record for the years to 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 2019.

Return on assets, latest year
0.7%
Measure5 years3 years
Profit growth, yearly rate−20.8%–
Net margin, average–1.4%

Accounting checks

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

CheckMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Altman Z-scorePublished threshold 1.1–––––187.62
Effective tax ratePublished threshold 17.16 per cent37.6433.50–30.6124.1426.00
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 2019 the company reports one business segment, Fabrics and Textile, which carries all its revenue.

Where the return came from

Yearly rates to Mar 2019, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−86.7%+60.0%−91.7%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.

Divinus Fabrics share price by year

Each calendar year to 2021.

YearClose at year endChangeHighest closeLowest close
20216.20−74.9%23.506.20
202024.70−2.8%40.5024.70
201925.40+23.9%27.5015.55
201820.50−84.7%142.4520.50
2017134.00−29.3%280.00126.80
2016189.50−53.8%418.00183.00
2015410.30+3.6%410.30188.20
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2018 is from its first session, 19 Jan 2018. 2016 is from its first session, 31 May 2016. The close is the year's last trade for 2021 (13 Dec 2021) and 2015 (16 Dec 2015).

Recent sessions

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

DateOpenHighLowCloseAverage priceVolume
13 Dec 20216.526.846.206.206.347,182
6 Dec 20216.526.526.526.526.52420
29 Nov 20216.906.906.866.866.88810
2 Aug 20217.597.597.227.227.223,431
26 Jul 20217.977.977.597.597.731,678
19 Jul 20217.987.987.987.987.981,853
12 Jul 20218.458.458.408.408.401,976
5 Jul 20218.848.848.848.848.84705
28 Jun 20219.309.309.309.309.301,055
21 Jun 20219.789.789.789.789.786,487
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
21 Nov 2016Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
1 Jun 2015Price 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
538432
ISIN
INE478P01018
Industry
Commercial Services & Supplies
CIN
L51909DL1984PLC019733
Corporate identity number, the registrar of companies' code for it
Incorporated
1984
Registered office
E-186 G/F JJ Colony, Madipur, Near Dispensary, New Delhi 110063, Delhi
Share registrar
Skyline Financial Services Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments