Eskay K'n'IT (India) share price

BSE: 514118Textiles & Apparels

Eskay K'n'IT (India) Ltd · Face value ₹1 · Listed Jun 1989

Trading suspended since 27 Apr 2021

Last traded ₹0.21 on 26 Apr 2021

Latest announcements

Routine notices left out.

  1. Jun 2022

  2. Feb 2020

  3. Jan 2020

Share price history

Daily closes since Jan 2007, 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
₹0.84 Cr−67.9% on a year ago
Net profit
−₹1.24 Cr
Earnings per share
−₹0.04
Net margin
−146.8%

From revenue to net profit, ₹ crore

  1. Revenue0.8
  2. Other income0.0
  3. Finance costs0.0
  4. Profit before tax−1.2
  5. Tax0.0
  6. Net profit−1.2

Eskay K'n'IT (India) 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
6.2−16Mar 1711−21Jun 171.6−22Sep 1715−22Dec 173.8−0.9Mar 181.90.0Jun 182.90.0Sep 182.60.0Dec 180.6−7.8Mar 190.6−0.9Jun 191.1−0.9Sep 190.8−1.2Dec 19
Peak revenue ₹15 Cr, quarter to Dec 2017; lowest ₹0.60 Cr, quarter to Jun 2019A loss in 11 of the 12 quarters shown

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
35.5%−1,344.8%4.2%8.0%14.7%2.5%35.5%26.0%27.5%−1,077.8%−251.2%−196.8%−1,344.8%−146.2%−24.6%−1.8%0.9%−1.0%−1,232.3%−152.3%−86.4%−146.8%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 operations136271913–1110861121542331111
270282312–1097610114–1227–––
Materials and goods bought202242112–8765911351223011
Employee costs––––––––0000–0000–––
Other expenses––––––––1101–0004–––
Operating profit before depreciation−134−2−40–1110100–111−7–––
Operating margin−98.9%−6.4%−21.5%2.4%–8.8%10.1%11.8%4.2%8.0%14.7%2.5%–35.5%26.0%27.5%−1,077.8%–––
Depreciation and amortisation9888–8888888–1111–––
Other income–––0–000000000000000
Finance costs10131313–141415814151515–0000000
One-off items–––––––––––––0000–––
Profit before tax−153−23−24−20–−20−20−165−21−21−22−22−1000−8−1−1−1
Tax––––––––−5–––00000000
Tax rate––––––––––––––0.0%–––––
Net profit−153−23−24−20–−20−20−165−16−21−22−22−1000−8−1−1−1
Net margin−112.9%−85.0%−128.9%−162.8%–−182.1%−210.0%−1,987.2%−251.2%−196.8%−1,344.8%−146.2%−24.6%−1.8%0.9%−1.0%−1,232.3%−152.3%−86.4%−146.8%
Earnings per share−₹5.47−₹0.80−₹0.87−₹0.73–−₹0.72−₹0.72−₹5.86−₹0.55−₹0.75−₹0.77−₹0.77−₹0.03₹0.00₹0.00₹0.00−₹0.28−₹0.03−₹0.03−₹0.04
Earnings per share in rupees, restated for later splits and bonuses. No results on record for the quarter to Mar 2016.

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
8179.8Mar 109306.5Mar 111,052−56Mar 12631−142Mar 13514−149Mar 14435−240Mar 15Mar 1635−76Mar 1731−57Mar 188.0−7.8490Mar 19
Peak revenue ₹1,052 Cr, year to Mar 2012; lowest ₹8.03 Cr, year to Mar 2019A loss in 7 of the 9 years with results on record

Operating and net margin, per cent

  • Operating margin
  • Net margin
13.5%−216.7%13.5%12.7%−5.2%−10.7%−38.0%9.1%3.4%−58.3%1.2%0.7%−5.4%−22.5%−28.9%−55.1%−216.7%−184.9%−97.5%Mar 10Mar 12Mar 14Mar 16Mar 18Mar 19

Results for the year to Mar 2019

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

From revenue to net profit

  1. Revenue8.0
  2. Materials and goods−7.5
  3. Employee costs−0.4
  4. Other expenses−4.9
  5. Operating profit−4.7
  6. Depreciation−3.3
  7. Other income+0.1
  8. One-off items0.0
  9. Finance costs0.0
  10. Profit before tax−7.8
  11. Tax0.0
  12. Net profit−7.8

What the company owns

  • Plant, investments and other assets₹171 Cr
  • Receivables₹1 Cr
  • Inventory₹1 Cr
  • Cash and bank₹0 Cr

What pays for it: net worth and liabilities

  • Borrowings₹490 Cr
  • Owed to suppliers₹0 Cr

Profit and loss

Standalone, ₹ crore, years to March. No results on record for the year to Mar 2016.

₹ croreMar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue from operations8179301,052631514435–35318
707812–664569600–323013
Materials and goods bought576658802473444448–25287
Employee costs–––6338–––10
Other expenses–––12887–––15
Operating profit before depreciation110118–−33−55−165–31−5
Operating margin13.5%12.7%–−5.2%−10.7%−38.0%–9.1%3.4%−58.3%
Materials, % of revenue–––74.9%86.4%–––90.0%93.2%
Employee costs, % of revenue–––9.9%7.4%–––2.0%4.6%
Other expenses, % of revenue–––20.3%17.0%–––4.6%60.5%
Depreciation and amortisation8079–604232–30153
Operating profit after depreciation3040–−92−98−198–−27−14−8
Other income000000–000
Finance costs273950525147–55440
One-off items–––––––––0
Profit before tax30−63−145−148−244–−82−58−8
Tax−7−6−7−30−4–−500
Net profit106−56−142−149−240–−76−57−8
Net margin1.2%0.7%−5.4%−22.5%−28.9%−55.1%–−216.7%−184.9%−97.5%
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the years to Mar 2010, Mar 2011, Mar 2015 and Mar 2017 they do not, so they are left blank. Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the year to Mar 2012: 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.

₹ croreMar 2019
−479
Share capital28
Reserves−507
490
425
Liabilities due after a year227
Total assets172
155
17
Net debt490
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 2010, Mar 2011, Mar 2012, Mar 2013, 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 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Earnings per share₹0.35₹0.23–−₹5.15−₹5.28−₹8.69–−₹2.72−₹2.04−₹0.28
Diluted earnings per share–––−₹5.15–––−₹2.72−₹2.04−₹0.28
Book value per share–––––––––−₹17.06
Market cap at the year end (₹ crore)84.852.240.215.719.413.5–7.6–5.3

Ratios

Standalone, years to March.

RatioMar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue growth13.6%13.9%13.1%−40.0%−18.5%−15.4%––−12.2%−74.0%
Operating profit growth−8.0%7.3%––––––−67.1%–
Net profit growth−44.5%−34.2%––––––––
Earnings per share growth−44.4%−34.3%––––––––
Return on equity–––––––––1.6%
Return on capital employed–––––––––−73.1%
Interest cover1.11.0––––––––
Receivable days–––––––––48
Inventory days–––––––––32
Payable days–––––––––16
Cash conversion cycle, days–––––––––64
Working capital days–––––––––−6,574
Asset turnover–––––––––0.05
Assets per rupee of net worth–––––––––−0.36
Sales per rupee of plant–––––––––0.14
Plant being built, % of plant in use–––––––––0.0%
Interest cover is left blank for the years to Mar 2013, Mar 2014, Mar 2015, Mar 2017, Mar 2018 and Mar 2019: operating profit after depreciation is a loss, and a loss covers no interest bill. Debt to equity is left blank for the year to Mar 2019: net worth is below zero, so there is no shareholders' money to set the borrowings against. No balance sheet is on record for the years to Mar 2010, Mar 2011, Mar 2012, Mar 2013, 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
−4.5%
Measure10 years5 years3 years
Revenue growth, yearly rate−36.2%−56.5%–
Operating margin, average–−20.9%−15.3%
Net margin, average−67.7%−138.6%−166.4%

Accounting checks

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

CheckMar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Altman Z-scorePublished threshold 1.81–––––––––−7.06
Effective tax ratePublished threshold 17.16 per cent−221.73−1,935.65––––––––
A threshold marked as ours has no published figure; it is the line we read the check against.

Business segments

In the quarter to Dec 2019 the company reports one business segment, Single segment, which carries all its revenue.

Eskay K'n'IT (India) share price by year

Each calendar year to 2021.

YearClose at year endChangeHighest closeLowest close
20210.21+10.5%0.210.19
20200.190.0%0.190.19
20190.19−29.6%0.260.19
20180.27+12.5%0.310.20
20170.24−22.6%0.350.21
20160.31−42.6%0.700.28
20150.54−25.0%0.860.39
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2021 is from its first session, 1 Mar 2021. The close is the year's last trade for 2021 (26 Apr 2021) and 2020 (9 Mar 2020).

Recent sessions

The 10 trading days to 26 Apr 2021, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
26 Apr 20210.210.210.210.210.2127,495
19 Apr 20210.190.200.190.200.1918,300
15 Mar 20210.190.190.190.190.191,050
8 Mar 20210.190.190.190.190.194,200
1 Mar 20210.190.190.190.190.19505
9 Mar 20200.190.190.190.190.192,700
25 Feb 20200.190.190.190.190.1921
23 Jan 20200.190.190.190.190.19200
3 Jan 20200.190.190.190.190.1910
2 Jan 20200.190.190.190.190.1910
Prices in ₹ per share as traded, not adjusted.

Company details

BSE code
514118
ISIN
INE220A01032
Industry
Textiles & Apparels
CIN
L18109DN1987PLC000034
Corporate identity number, the registrar of companies' code for it
Incorporated
1987
Registered office
58-B, Dhanu Udyog Industrial Area, Piperia, Silvassa 396230, Dadra & Nagar Haveli
Share registrar
Universal Capital Securities Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments