Esteem Bio Organic Food Processing (Delisted) share price

BSE: 534927Agricultural Food & other Products

Esteem Bio Organic Food Processing Limited · Face value ₹1 · Listed Feb 2013

Last traded ₹4.64 on 26 Sep 2022

Delisted on 20 Jun 2023.

Last announcements

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

Share price history

Daily closes since Feb 2015, adjusted for splits and bonuses. Earlier closes are left out: on 13 Feb 2015 the price changed in a way no corporate action on record explains.

Daily close, ₹ per share

Results for the half year to Sep 2020

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

Revenue
₹0.57 Cr−27.7% on a year ago · −67.3% on the half year before
Net profit
₹0.09 Cr−56.1% on a year ago · −91.1% on the half year before
Net margin
15.2%

From revenue to net profit, ₹ crore

  1. Revenue0.6
  2. Depreciation−0.3
  3. Other income0.0
  4. Profit before tax0.1
  5. Net profit0.1

Esteem Bio Organic Food Processing results by half year

Standalone: the listed company alone, without its subsidiaries. Latest half year to Sep 2020. Results for the half year 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 half year, ₹ crore

  • Revenue
  • Net profit
2.21.0Mar 180.70.1Sep 182.71.7Mar 190.80.2Sep 191.71.0Mar 200.60.1Sep 20
Peak revenue ₹2.69 Cr, half year to Mar 2019; lowest ₹0.57 Cr, half year to Sep 2020

Operating and net margin by half year, per cent

  • Operating margin
  • Net margin
68.2%9.8%68.2%45.2%9.8%64.6%25.0%55.8%15.2%Mar 18Sep 18Mar 19Sep 19Mar 20Sep 20
₹ croreMar 2016Sep 2016Mar 2017Sep 2017Mar 2018Sep 2018Mar 2019Sep 2019Mar 2020Sep 2020
Revenue from operations1.431.352.371.012.230.712.690.791.750.57
––––0.71–––––
Materials and goods bought––––––––0.05–
Operating profit before depreciation––––1.52–––––
Operating margin––––68.2%–––––
Depreciation and amortisation1.040.740.740.600.600.500.500.48–0.32
Other income–––0.100.110.090.130.070.020.02
Finance costs––––0.00–––0.00–
Profit before tax0.210.271.020.451.030.091.770.201.010.09
0.070.080.010.030.020.020.04–0.03–
Tax rate34.1%28.8%1.3%6.6%2.3%24.2%2.0%–3.3%–
Net profit0.140.191.010.421.010.071.740.200.980.09
Net margin9.7%14.4%42.6%41.7%45.2%9.8%64.6%25.0%55.8%15.2%
Earnings per share––₹0.41–₹0.04–––₹0.00–
Earnings per share in rupees, restated for later splits and bonuses.

Esteem Bio Organic Food Processing results by quarter

Standalone: the listed company alone, without its subsidiaries. The quarters to Mar 2019 the company also filed in the same span.

₹ croreMar 2019
Revenue from operations2.69
0.55
Materials and goods bought0.30
Employee costs0.06
Other expenses0.19
Operating profit before depreciation2.14
Operating margin79.5%
Depreciation and amortisation0.50
Other income0.13
Finance costs0.00
One-off items0.00
Profit before tax1.77
Tax0.03
Tax rate2.0%
Net profit1.74
Net margin64.6%
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
6.42.6Mar 133.31.8Mar 14Mar 153.91.2Mar 163.71.2Mar 173.21.4Mar 183.41.80.4Mar 192.51.20.4Mar 20
Peak revenue ₹6.44 Cr, year to Mar 2013; lowest ₹2.54 Cr, year to Mar 2020

Operating and net margin, per cent

  • Operating margin
  • Net margin
77.9%31.1%77.9%39.6%55.6%31.1%33.2%44.1%53.2%46.2%Mar 13Mar 14Mar 15Mar 16Mar 17Mar 18Mar 19Mar 20

Results for the year to Mar 2020

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

From revenue to net profit

  1. Revenue2.5
  2. Other income+0.1
  3. Finance costs0.0
  4. Profit before tax1.2
  5. Tax0.0
  6. Net profit1.2

What the company owns

  • Plant, investments and other assets₹46 Cr
  • Receivables₹2 Cr
  • Inventory₹0 Cr
  • Cash and bank₹0 Cr

What pays for it: net worth and liabilities

  • Net worth₹45 Cr
  • Other liabilities₹3 Cr
  • Borrowings₹0 Cr

Profit and loss

Standalone, ₹ crore, years to March. No results on record for the year to Mar 2015. The last column is the twelve months to Sep 2020, the latest two half years added.

₹ croreMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Sep 2020Twelve months
Revenue from operations6.443.31–3.913.723.253.402.542.32
––––––0.75––
Materials and goods bought––––––0.240.05–
Employee costs––––––0.12––
Other expenses––––––0.39––
Operating profit before depreciation––––––2.65––
Operating margin––––––77.9%––
Materials, % of revenue––––––7.1%––
Employee costs, % of revenue––––––3.6%––
Other expenses, % of revenue––––––11.5%––
Depreciation and amortisation0.520.59–2.071.481.201.00––
Operating profit after depreciation––––––1.65––
Other income0.08––––0.220.220.090.04
Finance costs––––––0.000.00–
One-off items––––––0.00––
Profit before tax2.581.87–1.321.291.491.871.211.10
0.020.03–0.100.060.050.060.03–
Net profit2.551.84–1.211.231.431.811.171.06
Net margin39.6%55.6%–31.1%33.2%44.1%53.2%46.2%45.8%
Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the years to Mar 2013, Mar 2014, Mar 2016, Mar 2017 and Mar 2018: 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 2020: the statement does not state its depreciation, which operating profit is worked out from, so operating profit is not given.

Balance sheet

Standalone, ₹ crore, at 31 March. The last column is the half year to Sep 2020, after the latest full year: the balance sheet at its end.

₹ croreMar 2019Mar 2020Sep 2020Half year
44.245.4–
Share capital24.924.9–
Reserves19.320.5–
Borrowings0.40.4–
1.61.8–
Liabilities due after a year1.71.4–
Total assets47.548.6–
15.814.7–
31.733.9–
Net debt0.40.4–
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 2013, Mar 2014, 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 2020
Earnings per share₹0.50₹0.58–₹0.00
Diluted earnings per share₹0.50₹0.58–₹0.00
Earnings per share is left blank for the year to Mar 2019: 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 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue growth−48.6%––−4.9%−12.7%4.7%−25.2%
Net profit growth−27.9%––1.7%16.0%26.3%−35.1%
Earnings per share growth––––16.1%––
–––––4.1%2.6%
––––––−1.5 pts
From the net margin––––––−0.5 pts
From asset turnover––––––−0.9 pts
From borrowing––––––0.0 pts
Return on capital employed–––––3.7%–
Debt to equity–––––0.010.01
Receivable days–––––253345
Inventory days–––––3841,563
Payable days–––––333–
Cash conversion cycle, days–––––304–
Working capital days–––––3,2724,662
Asset turnover–––––0.070.05
Assets per rupee of net worth–––––1.081.07
Sales per rupee of plant–––––0.230.19
No balance sheet is on record for the years to Mar 2013, Mar 2014, 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
2.4%
Measure5 years3 years
Revenue growth, yearly rate–−11.9%
Profit growth, yearly rate–−1.7%
Return on equity, average–3.4%
Net margin, average41.6%47.9%
Asset turnover, average–0.06
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 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Receivables growth less revenue growthOur threshold 0 percentage points–––––––27.25
Inventory growth less cost-of-goods growthOur threshold 0 percentage points–––––––61.13
Other current assets growth less revenue growthOur threshold 5 per cent of revenue–––––––1,231.47
Effective tax ratePublished threshold 17.16 per cent0.891.81–7.904.563.633.042.74
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, Single segment, 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−42.0%––0.0%
3 years−46.2%––0.0%
5 years−25.1%––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.

Esteem Bio Organic Food Processing share price by year

Each calendar year to 2022.

YearClose at year endChangeHighest closeLowest close
20224.64−12.6%5.214.64
20215.31−1.8%5.315.31
20205.41−33.5%7.985.41
20198.14−19.4%9.908.14
201810.10−62.8%26.6510.10
201727.15−31.4%39.8027.15
201639.60−0.4%49.9526.80
201539.75–45.0022.00
₹ 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, 17 Jan 2022. 2021 is from its first session, 22 Nov 2021. 2020 is from its first session, 24 Jan 2020. 2019 is from its first session, 22 Mar 2019. 2015 is from its first session, 13 Feb 2015. The close is the year's last trade for 2022 (26 Sep 2022), 2021 (22 Nov 2021), 2020 (11 Mar 2020), 2019 (16 May 2019), 2017 (13 Dec 2017) and 2016 (30 Oct 2016).

Recent sessions

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

DateOpenHighLowCloseAverage priceVolume
26 Sep 20224.644.644.644.644.641,00,000
6 Jun 20224.734.734.734.734.7372,500
25 Apr 20224.824.824.824.824.8250,000
7 Mar 20224.914.914.914.914.912,27,500
31 Jan 20225.015.015.015.015.017,500
24 Jan 20225.115.115.115.115.1112,500
17 Jan 20225.315.315.215.215.2217,500
22 Nov 20215.315.315.315.315.312,500
11 Mar 20205.415.415.415.415.412,500
9 Mar 20205.525.525.525.525.522,500
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
7 Oct 2015Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
6 Jul 2015Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
13 Feb 2015Price 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.
10 Nov 2014Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
Where an event has no factor that can be worked out, the chart leaves out the closes before it. Any other event is noted and not adjusted for.

Company details

BSE code
534927
ISIN
INE209O01028
Industry
Agricultural Food & other Products
CIN
L74899DL1995PLC071220
Corporate identity number, the registrar of companies' code for it
Incorporated
1995
Registered office
49, Part-II,, Gujrawala Town, New Delhi 110009, Delhi
Share registrar
MAS Services Ltd
Keeps the register of shareholders and handles transfers and dividend payments