Dwitiya Trading (Delisted) share price

BSE: 538608Commercial Services & Supplies

Dwitiya Trading Limited · Face value ₹2 · Listed Aug 2014

Last traded ₹2.40 on 11 Mar 2020

Delisted on 24 Feb 2023.

Last announcements

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

  1. May 2022

  2. Apr 2022

    • 13 Apr · Statement Of Investor Complaints For The Quarter Ended March 2022

      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
  3. Feb 2022

  4. Jan 2022

    • 31 Jan · Board meeting

      Meeting on 12 Feb 2022: quarterly results

Share price history

Daily closes since Feb 2017, adjusted for splits and bonuses. Earlier closes are left out: on 17 Feb 2017 the price changed in a way no corporate action on record explains.

Daily close, ₹ per share

Q3 results, quarter to Dec 2021

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

Revenue
₹0.00 Cr−100.0% on a year ago
Operating profit
−₹0.02 Cr
Net profit
−₹0.02 Cr
Earnings per share
−₹0.01

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

Dwitiya Trading results by quarter

Standalone: the listed company alone, without its subsidiaries. Latest quarter to Dec 2021. Results for the quarter to Mar 2022 were due by 30 May 2022, 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
0.00.0Mar 190.0Jun 190.0Sep 190.0Dec 190.00.0Mar 200.0Jun 200.0Sep 200.00.0Dec 200.0Mar 2100.0Jun 2100.0Sep 2100.0Dec 21
Peak revenue ₹0.00 Cr, quarter to Mar 2020; lowest ₹0.00 Cr, quarter to Jun 2021A loss in 12 of the 12 quarters shown

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
−50.0%−39,080.0%−39,080.0%−242.5%−495.0%−3,780.0%−50.0%−625.0%Mar 19Sep 19Mar 20Sep 20Mar 21Sep 21Dec 21
₹ croreMar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Q1Sep 2018Dec 2018Mar 2019Jun 2019Q1Sep 2019Dec 2019Q3Mar 2020Jun 2020Q1Sep 2020Dec 2020Mar 2021Jun 2021Q1Sep 2021Dec 2021Q3
Revenue from operations0.360.010.000.000.010.010.000.000.00–––0.00––0.00–0.000.000.00
0.260.050.020.030.020.050.010.020.040.050.020.020.010.010.020.020.020.020.030.02
Materials and goods bought0.22––0.00–0.000.00–0.000.000.000.00–0.000.00–0.000.000.000.00
Employee costs0.010.010.010.020.010.010.010.010.010.010.010.010.010.010.010.010.010.010.010.01
Other expenses0.020.010.010.010.010.030.000.010.030.030.010.010.000.000.010.010.010.010.010.01
Operating profit before depreciation0.10−0.04−0.02−0.02−0.01−0.04−0.01−0.02−0.04–––−0.01––−0.02–−0.02−0.03−0.02
Operating margin28.7%−632.9%−676.7%−750.0%−178.3%−729.3%36,700.0%−556.7%−39,080.0%–––−242.5%––−495.0%––––
Depreciation and amortisation0.010.010.010.010.010.010.010.010.010.010.010.010.010.010.010.010.010.010.010.00
Other income0.010.010.000.000.010.000.000.000.000.000.000.000.000.000.000.000.010.000.000.00
Finance costs0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
One-off items–––––0.000.00–0.000.000.000.00–0.000.00–0.000.000.000.00
Profit before tax0.10−0.05−0.03−0.03−0.02−0.04−0.02−0.02−0.04−0.05−0.02−0.02−0.02−0.02−0.02−0.03−0.02−0.03−0.03−0.02
0.03–−0.01−0.010.00−0.010.000.03−0.040.00−0.02−0.01−0.010.000.00–0.000.000.000.00
Tax rate27.2%–––––––––––––––––––
Net profit0.08−0.05−0.02−0.02−0.02−0.03−0.02−0.060.00−0.050.00−0.020.00−0.02−0.02−0.03−0.02−0.03−0.03−0.02
Net margin20.9%−742.9%−666.7%−733.3%−283.3%−584.5%47,175.0%−1,866.7%−3,780.0%–––−50.0%––−625.0%––––
Earnings per share₹0.03−₹0.02−₹0.01−₹0.01−₹0.01––−₹0.02₹0.00−₹9.40₹0.00−₹0.01−₹0.01−₹0.01−₹0.01−₹0.01−₹0.01−₹0.01−₹0.01−₹0.01
Earnings per share in rupees, restated for later splits and bonuses.

8 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
1.40.0Mar 140.40.0Mar 150.80.0Mar 161.00.1Mar 170.0−0.1Mar 180.0−0.10Mar 19−0.10Mar 20−0.10Mar 21
Peak revenue ₹1.37 Cr, year to Mar 2014; lowest ₹0.01 Cr, year to Mar 2019A loss in 4 of the 8 years shown

Operating and net margin, per cent

  • Operating margin
  • Net margin
9.5%−2,016.1%9.5%−513.7%−2,016.1%0.4%6.0%0.9%6.2%−494.7%−1,685.7%Mar 14Mar 15Mar 16Mar 17Mar 18Mar 19Mar 20Mar 21

Results for the year to Mar 2021

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

From revenue to net profit

  1. Employee costs0.0
  2. Other expenses0.0
  3. Depreciation0.0
  4. Other income0.0
  5. One-off items0.0
  6. Finance costs0.0
  7. Profit before tax−0.1
  8. Tax0.0
  9. Net profit−0.1

What the company owns

  • Plant, investments and other assets₹5 Cr
  • Cash and bank₹0 Cr

What pays for it: net worth and liabilities

  • Net worth₹5 Cr
  • Other liabilities₹0 Cr

Profit and loss

Standalone, ₹ crore, years to March.

₹ croreMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue from operations1.370.410.750.990.020.01––
–––0.900.120.120.100.08
Materials and goods bought1.480.400.640.740.000.000.000.00
Employee costs–––0.050.050.050.050.05
Other expenses–––0.060.030.070.060.03
Operating profit before depreciation–––0.09−0.10−0.11––
Operating margin–––9.5%−513.7%−2,016.1%––
Materials, % of revenue–––74.7%0.0%57.1%––
Employee costs, % of revenue–––4.7%273.7%814.3%––
Other expenses, % of revenue–––6.5%170.5%1,244.6%––
Depreciation and amortisation0.00–0.000.020.030.020.020.02
Operating profit after depreciation–––0.07−0.12−0.14––
Other income0.270.320.070.020.020.010.010.02
Finance costs–––0.000.000.000.000.00
One-off items–––––0.000.000.00
Profit before tax0.010.040.010.09−0.13−0.13−0.11−0.08
0.000.010.000.03−0.03−0.03−0.040.00
Net profit0.010.030.010.06−0.09−0.09−0.07−0.08
Net margin0.4%6.0%0.9%6.2%−494.7%−1,685.7%––
Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the years to Mar 2014 and Mar 2016: the statement does not state its finance costs, 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 2015: 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 years to Mar 2020 and Mar 2021: 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. The last column is the half year to Sep 2021, after the latest full year: the balance sheet at its end.

₹ croreMar 2019Mar 2020Mar 2021Sep 2021Half year
5.105.034.954.89
Share capital5.015.015.015.01
Reserves0.090.02−0.06−0.12
Borrowings0.000.000.000.00
0.110.130.120.14
Liabilities due after a year0.000.000.000.00
Total assets5.215.165.065.03
5.185.114.794.79
0.030.050.270.25
Net debt−0.02−0.03−0.25−0.22
Borrowings are counted again inside the liabilities due within a year and after a year. Plant in use and plant being built are given for full years only. 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.

Cash flow

Standalone, ₹ crore, years to March. The last column is the half year to Sep 2021, after the latest full year: the cash flow over its six months.

₹ croreMar 2021Sep 2021Half year
−0.09−0.02
−0.07−0.02
Of which working capital−0.010.02
Capital spending0.000.00
Free cash flow−0.09−0.02
Cash from investing0.310.00
0.00−0.01
Dividends paid0.000.00
Shares bought back0.000.00
Shares issued0.000.00
Net change in cash0.23−0.03
Capital spending is part of cash from investing, and dividends paid, shares bought back and shares issued are part of cash from financing. Each is shown as an amount on a line of its own, and the section's other items are in its total only. No cash flow statement is on record for the years to Mar 2014, Mar 2015, Mar 2016, Mar 2017, Mar 2018, Mar 2019 and Mar 2020.

Per share

Standalone, ₹ per share, years to March.

₹ per shareMar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Earnings per share₹0.02−₹0.04−₹0.08–−₹0.03
Diluted earnings per share₹0.02−₹0.04−₹0.08–−₹0.03
Book value per share––––₹1.97
Earnings per share is left blank for the year to Mar 2020: the earnings per share stated has the opposite sign to the profit stated beside it, so it is not shown.

Ratios

Standalone, years to March.

RatioMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue growth−69.7%82.1%31.8%−98.1%−70.5%––
Net profit growth316.7%−72.0%785.7%––––
Return on equity––––−1.9%––
Return on capital employed––––−2.7%––
Interest cover––28.7––––
Debt to equity––––0.000.000.00
Receivable days––––0––
Inventory days––––0––
Payable days––––0––
Cash conversion cycle, days––––0––
Working capital days––––−6,531––
Asset turnover––––0.00––
Assets per rupee of net worth––––1.021.021.02
Sales per rupee of plant––––0.100.000.00
Capital spending to depreciation––––––0.00
Plant being built, % of plant in use––––0.0%0.0%–
Interest cover is left blank for the years to Mar 2018 and Mar 2019: operating profit after depreciation is a loss, and a loss covers no interest bill. Interest cover is left blank for the years to Mar 2020 and Mar 2021: 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 2021.

Return on assets, latest year
−1.6%
Measure3 years
Debt to equity, average0.00

Where the cash came from and went

Standalone: the listed company alone, without its subsidiaries. ₹ crore, added up over each window, which ends with the year to Mar 2021.

₹ croreLatest year
Cash from operations−0.09
Cash from investing0.31
Cash from financing0.00
Capital spending0.00
Dividends paid0.00
Shares bought back0.00
Shares issued for cash0.00
Borrowings raised0.00
Borrowings repaid0.00

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 2019Mar 2020Mar 2021
Altman Z-scorePublished threshold 1.1–––––47.0740.4744.72
Profit not backed by cash, % of assetsPublished threshold 10 per cent of average total assets–––––––−5.99
Assets under construction, years of additionsOur threshold 2 years of additions––––––0.00–
Effective tax ratePublished threshold 17.16 per cent33.3332.4327.2731.46––––
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, Trading, which carries all its revenue.

Dwitiya Trading share price by year

Each calendar year to 2020.

YearClose at year endChangeHighest closeLowest close
20202.40+0.8%2.492.38
20192.38−96.0%59.652.38
201860.20−76.5%277.0060.20
2017255.75–297.50244.15
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2017 is from its first session, 17 Feb 2017. The close is the year's last trade for 2020 (11 Mar 2020) and 2017 (18 Jul 2017).

Recent sessions

The 10 trading days to 11 Mar 2020, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
11 Mar 20202.402.402.402.402.407
9 Mar 20202.402.402.402.402.40110
28 Jan 20202.492.492.492.492.49100
6 Jan 20202.382.382.382.382.382
26 Dec 20192.382.382.382.382.3840
24 Dec 20192.382.382.382.382.3810
19 Dec 20192.382.382.382.382.3823,150
2 Dec 20192.502.502.502.502.505
20 Nov 20192.502.502.502.502.5040,000
15 Nov 20192.552.552.552.552.5515
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
17 Feb 2017Price 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
538608
ISIN
INE222P01028
Industry
Commercial Services & Supplies
CIN
L67120WB1978PLC031628
Corporate identity number, the registrar of companies' code for it
Incorporated
1978
Registered office
27, Weston Street, 5th Floor, Room No. 526, Kolkata 700012, West Bengal
Share registrar
Purva Sharegistry (India) Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments