ETC Networks (Delisted) share price
BSE: 532958
ETC Networks Ltd. · Face value ₹10 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Mar 2008
Last traded ₹265.05 on 15 Sep 2010
Delisted.
Last announcements
The company's own last announcements before its shares stopped trading, routine notices left out.
Sep 2010
6 Sep · Suspension of trading in equity shares
Members of the Exchange are hereby informed that the trading in equity shares of ETC Networks Limited shall be suspended w.e.f. September 16, 2010 (i.e. closing hours of trading on September 15, 2010) on account of Scheme of Amalgamation with Zee Entertainment Enterprises Limited.2 Sep · Business
Hon'ble Bombay High Court has vide its order dated July 16, 2010, approved the Composite Scheme of Amalgamation and Arrangement between Zee Entertainment Enterprises Limited, ETC Networks Ltd and Zee Learn Limited and their respective Shareholders, for Merger of the Company with Zee Entertainment Enterprises Limited from March 31, 2010 (Appointed Date) and upon such Merger, de-merger of Education Business Undertaking of Zee Entertainment Enterprises Limited in favor of Zee Learn Limited from April 1, 2010. The aforesaid Scheme of Arrangement has become effective on August 30, 2010 upon filing of the said order of Hon'ble Bombay High Court with the Registrar of Companies, Maharashtra, Mumbai.1 Sep · Business
With reference to the earlier announcement dated July 16, 2010, informing that the Hon'ble Bombay High Court has vide its order dated July 16, 2010, approved the Composite Scheme of Amalgamation ....
Results for the quarter to Mar 2010
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
- RevenueRevenue from operations. Money earned from selling the company's goods and services in the period. Revenue from operations in the glossary
- ₹14 Cr−1.2% on a year ago · +23.6% on the quarter beforeChange on a year ago and on the quarter before. The change against the same quarter a year before: (this quarter's figure less that quarter's) divided by that quarter's, times 100. The change on the quarter before is the same sum against the quarter just before, taken as this quarter's results restate it where the company restated it: this quarter's year to date less this quarter. Left out where either figure is a loss, where the restatement covers two or more earlier quarters without saying which, or across a change of basis named under the table, on the lines it affects.
- Net profitNet profit. What is left of revenue and other income after every cost, interest and tax. Net profit in the glossary
- −₹0.24 Cr
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- −1.7%
From revenue to net profit, ₹ crore
- Revenue14
- Other income+1.9
- Finance costs0.0
- Profit before tax−0.7
- Tax+0.4
- Net profit−0.2
ETC Networks results by quarter
Standalone: the listed company alone, without its subsidiaries. Latest quarter to Mar 2010. Results for the quarter to Jun 2010 were due by 14 Aug 2010, 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
Peak revenue ₹20 Cr, quarter to Mar 2008; lowest ₹11 Cr, quarter to Dec 2009A loss in the quarter to Mar 2010, −₹0.24 Cr
Operating and net margin by quarter, per cent
- Operating margin
- Net margin
| ₹ crore | Mar 2008 | Jun 2008 | Sep 2008 | Dec 2008 | Mar 2009 | Jun 2009 | Sep 2009 | Dec 2009 | Mar 2010 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 20.0 | 19.1 | 19.7 | 14.2 | 14.1 | 13.5 | 13.2 | 11.3 | 14.0 |
| Other incomeOther income. Income from outside the main business, such as interest on deposits, dividends received and gains on investments. Other income in the glossary | 1.3 | 1.2 | 1.0 | 1.9 | 2.0 | 2.2 | 2.0 | 1.5 | 1.9 |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. Finance costs in the glossary | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Profit before tax | 3.2 | 2.9 | 6.1 | 3.0 | 2.0 | 0.0 | 2.6 | 1.5 | −0.7 |
| 0.4 | 0.9 | 2.0 | 1.0 | 0.7 | −0.1 | 0.7 | 0.5 | −0.4 | |
| Current taxCurrent tax. Income tax payable on the period's own taxable profit. Current tax in the glossary | – | – | – | – | – | 0.6 | 1.2 | 0.7 | 0.5 |
| Deferred taxDeferred tax. Tax charged or credited now that will be paid or saved in later years, because the tax rules count some income and costs in a different year from the accounts. Deferred tax in the glossary | – | – | – | – | – | −0.7 | −0.6 | −0.3 | −1.0 |
| Tax rateEffective tax rate. Tax charged as a percentage of profit before tax. Effective tax rate in the glossary | 13.2% | 31.7% | 33.2% | 33.0% | 36.4% | – | 26.8% | 33.1% | – |
| Net profit | 2.8 | 2.0 | 4.1 | 2.0 | 1.3 | 0.1 | 1.9 | 1.0 | −0.2 |
| Net margin | 14.1% | 10.4% | 20.7% | 14.2% | 9.2% | 0.4% | 14.1% | 8.6% | −1.7% |
| Earnings per shareEarnings per share. Profit belonging to shareholders divided by the number of shares, restated for later splits and bonuses so they do not break the line. Earnings per share in the glossary | ₹2.31 | ₹2.04 | – | ₹2.08 | ₹1.33 | ₹0.06 | ₹1.92 | – | – |
Earnings per share in rupees, restated for later splits and bonuses.
3 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
Peak revenue ₹78 Cr, year to Mar 2008; lowest ₹52 Cr, year to Mar 2010
Operating and net margin, per cent
- Operating marginOperating margin. Operating profit before depreciation as a percentage of revenue: how much of each rupee of sales is left after running costs. Operating margin in the glossary
- Net margin
Results for the year to Mar 2010
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
From revenue to net profit
- Revenue52
- Other income+7.6
- Finance costs0.0
- Profit before tax3.3
- Tax−0.6
- Net profit2.7
Profit and loss
Standalone, ₹ crore, years to March.
| ₹ crore | Mar 2008 | Mar 2009 | Mar 2010 |
|---|---|---|---|
| Revenue from operations | 77.8 | 66.7 | 52.1 |
| Other income | 4.2 | 6.0 | 7.6 |
| Finance costs | 0.3 | 0.0 | 0.0 |
| Profit before tax | 16.9 | 13.4 | 3.3 |
| −6.4 | 4.8 | 0.6 | |
| Current tax | – | – | 3.1 |
| Deferred tax | – | – | −2.4 |
| Net profit | 23.4 | 8.6 | 2.7 |
| Net margin | 30.0% | 12.9% | 5.1% |
Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the years to Mar 2008, Mar 2009 and Mar 2010: the statement does not state its depreciation, which operating profit is worked out from, so operating profit is not given.
Ratios
Standalone, years to March.
| Ratio | Mar 2009 | Mar 2010 |
|---|---|---|
| Revenue growthRevenue growth. This year's revenue less last year's, divided by last year's, times 100; blank where last year's is not above nought. Revenue growth in the glossary | −14.3% | −21.9% |
| Net profit growthNet profit growth. This year's net profit less last year's, divided by last year's, times 100; blank where last year's is not above nought. Net profit growth in the glossary | −63.1% | −69.1% |
| Earnings per share growthEarnings per share growth. This year's earnings per share less last year's, on the same share count, divided by last year's, times 100; blank where last year's is not above nought. Earnings per share growth in the glossary | −65.4% | – |
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 2010.
| Measure | 3 years |
|---|---|
| Net margin, averageNet margin, average. 3 years: The plain average of the yearly net profit margin over the last three years, needing at least two of them; a year without the figure is left out, never filled in. 5 years: The plain average of the yearly net profit margin over the last five years, needing at least four of them; a year without the figure is left out, never filled in. 10 years: The plain average of the yearly net profit margin over the last ten years, needing at least nine of them; a year without the figure is left out, never filled in. | 16.0% |
Accounting checks
Standalone, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.
| Check | Mar 2008 | Mar 2009 | Mar 2010 |
|---|---|---|---|
| Effective tax ratePublished threshold 17.16 per cent | −38.13 | 35.86 | 18.83 |
A threshold marked as ours has no published figure; it is the line we read the check against.
Where the return came from
Yearly rates to Mar 2010, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | +305.4% | – | – | 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.
Recent sessions
The 10 trading days to 15 Sep 2010, as traded on BSE.
| Date | Open | High | Low | Close | Average price | Volume |
|---|---|---|---|---|---|---|
| 15 Sep 2010 | 268.00 | 268.00 | 263.00 | 265.05 | 266.53 | 10,382 |
| 14 Sep 2010 | 266.00 | 268.65 | 264.85 | 265.35 | 265.57 | 1,597 |
| 13 Sep 2010 | 263.30 | 269.70 | 262.00 | 265.80 | 266.61 | 13,937 |
| 9 Sep 2010 | 269.00 | 273.95 | 260.25 | 266.00 | 268.79 | 1,46,419 |
| 8 Sep 2010 | 268.70 | 268.70 | 259.10 | 259.25 | 261.41 | 684 |
| 7 Sep 2010 | 269.65 | 270.00 | 265.00 | 266.75 | 267.80 | 136 |
| 6 Sep 2010 | 264.50 | 266.95 | 257.10 | 266.95 | 261.78 | 502 |
| 3 Sep 2010 | 256.15 | 262.50 | 255.00 | 255.95 | 256.29 | 1,687 |
| 2 Sep 2010 | 260.00 | 261.50 | 256.50 | 260.00 | 259.34 | 655 |
| 1 Sep 2010 | 253.55 | 258.95 | 251.00 | 255.10 | 255.47 | 507 |
Prices in ₹ per share as traded, not adjusted.
Company details
- BSE code
- 532958
- ISIN
- INE098J01017
- Website
- www.entertainmenttv.com
- Registered office
- 135, Continental Building, Dr Annie Besant Road Worli, Mumbai 400018, Maharashtra
- Share registrar
- Sharepro Services (India) Pvt. Ltd
- Keeps the register of shareholders and handles transfers and dividend payments