FACOR Steels share price

BSE: 532657Industrial Products

FACOR Steels Limited · Face value ₹1 · Listed Aug 2005

Trading suspended since 27 Aug 2018

Last traded ₹0.27 on 2 May 2017

Latest announcements

Routine notices left out.

Share price history

Daily closes since Jan 2007, adjusted for splits and bonuses

Daily close, ₹ per share

Results for the quarter to Dec 2016

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

Net profit
−₹2.01 Cr

From revenue to net profit, ₹ crore

  1. Depreciation−1.0
  2. Other income+0.1
  3. Finance costs−1.0
  4. Profit before tax−2.0
  5. Net profit−2.0

FACOR Steels results by quarter

Standalone: the listed company alone, without its subsidiaries. Latest quarter to Dec 2016. Results for the quarter to Mar 2017 were due by 30 May 2017, 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
33−7.5Mar 1421−10Jun 148.8−6.8Sep 140.2−6.1Dec 14−0.311Mar 150.2−4.8Jun 150.8−2.4Sep 150.2−2.8Dec 150.3−4.3Mar 16−2.1Jun 160.1−2.3Sep 16−2.0Dec 16
Peak revenue ₹33 Cr, quarter to Mar 2014; lowest −₹0.30 Cr, quarter to Mar 2015A loss in 11 of the 12 quarters shown

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
1,623.5%−3,707.3%−11.0%−34.9%−40.4%−2,132.3%1,623.5%−813.8%−132.6%−389.9%−1,012.6%−276.8%−22.7%−49.0%−77.0%−3,707.3%−3,512.9%−2,130.9%−301.0%−1,289.5%−1,646.3%−1,737.8%Mar 14Sep 14Mar 15Sep 15Mar 16Sep 16Dec 16
₹ croreMar 2012Jun 2012Sep 2012Dec 2012Mar 2013Jun 2013Sep 2013Dec 2013Mar 2014Jun 2014Sep 2014Dec 2014Mar 2015Jun 2015Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016
Revenue from operations95.098.684.441.124.12.05.225.832.921.08.80.2−0.30.20.80.20.3–0.1–
93.1–87.146.329.8––28.436.528.312.33.74.62.01.91.12.9–0.5–
Materials and goods bought63.970.860.226.324.52.50.511.820.918.9––––––––––
Operating profit before depreciation2.0–−2.7−5.2−5.7––−2.6−3.6−7.3−3.6−3.5−4.9−1.8−1.1−0.9−2.6–−0.4–
Operating margin2.1%–−3.2%−12.5%−23.9%––−10.1%−11.0%−34.9%−40.4%−2,132.3%1,623.5%−813.8%−132.6%−389.9%−1,012.6%–−276.8%–
Depreciation and amortisation1.4–1.41.41.4––1.31.31.01.01.01.71.01.01.01.01.01.01.0
Other income0.30.00.30.00.20.20.00.10.10.30.00.10.40.10.3–0.10.10.00.1
Finance costs1.82.22.62.52.72.01.42.22.62.22.21.71.61.90.60.90.71.01.01.0
Profit before one-off items and tax−0.9−4.6−6.5−9.0−9.7−6.8−7.7−6.0−7.5−10.3−6.8−6.1−7.8−4.8−2.4−2.8−4.3−2.1−2.3−2.0
One-off items––––––––––––18.4–––––––
Profit before tax−0.9−4.6−6.5−9.0−9.7−6.8−7.7−6.0−7.5−10.3−6.8−6.110.6−4.8−2.4−2.8−4.3−2.1−2.3−2.0
Tax0.2−1.2−1.2−1.2−1.2–––––––––––––––
Net profit−1.1−3.4−5.3−7.8−8.5−6.8−7.7−6.0−7.5−10.3−6.8−6.110.6−4.8−2.4−2.8−4.3−2.1−2.3−2.0
Net margin−1.1%−3.4%−6.3%−18.9%−35.3%−342.4%−147.5%−23.4%−22.7%−49.0%−77.0%−3,707.3%−3,512.9%−2,130.9%−301.0%−1,289.5%−1,646.3%–−1,737.8%–
Earnings per share in rupees, restated for later splits and bonuses.

9 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
4693.1Mar 08372−4.8Mar 09230−7.1Mar 10277−3.6Mar 11314−8.8Mar 12248−25Mar 1366−28Mar 1430−13Mar 151.5−14Mar 16
Peak revenue ₹469 Cr, year to Mar 2008; lowest ₹1.50 Cr, year to Mar 2016A loss in 8 of the 9 years shown

Operating and net margin, per cent

  • Operating margin
  • Net margin
1.3%−949.5%1.3%−5.9%−22.7%−65.0%−423.2%0.7%−1.3%−3.1%−1.3%−2.8%−10.1%−42.5%−42.3%−949.5%Mar 08Mar 10Mar 12Mar 14Mar 16

Results for the year to Mar 2016

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

From revenue to net profit

  1. Revenue1.5
  2. Operating expenses−7.9
  3. Operating profit−6.4
  4. Depreciation−4.2
  5. Other income+0.4
  6. Finance costs−4.1
  7. Profit before tax−14
  8. Net profit−14

Profit and loss

Standalone, ₹ crore, years to March.

₹ croreMar 2008Mar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016
Revenue from operations46937223027731424866302
––––31026381498
Materials and goods bought3672651381632011823629–
Operating profit before depreciation––––4−15−15−19−6
Operating margin––––1.3%−5.9%−22.7%−65.0%−423.2%
Depreciation and amortisation––––55554
Operating profit after depreciation––––−1−20−20−24−11
Other income1101211010
Finance costs81087810884
Profit before one-off items and tax–−4−7−1−9−30−28−31−14
One-off items–––––––18–
Profit before tax4−4−7−1−9−30−28−13−14
Tax11130−5–––
Net profit3−5−7−4−9−25−28−13−14
Net margin0.7%−1.3%−3.1%−1.3%−2.8%−10.1%−42.5%−42.3%−949.5%
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the year to Mar 2016 they do not, so they are left blank. Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the years to Mar 2008, Mar 2009, Mar 2010 and Mar 2011: 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.

RatioMar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016
Revenue growth−20.8%−38.0%20.1%13.5%−21.0%−73.4%−55.1%−94.9%
Interest cover is left blank for the years to Mar 2012, Mar 2013, Mar 2014, Mar 2015 and Mar 2016: operating profit after depreciation is a loss, and a loss covers no interest bill.

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 2016.

Measure10 years5 years3 years
Revenue growth, yearly rate–−64.8%−81.8%
Operating margin, average–−103.1%−170.3%
Net margin, average−116.9%−209.4%−344.8%

Accounting checks

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

CheckMar 2008Mar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016
Effective tax ratePublished threshold 17.16 per cent16.74––––––––
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 2016, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−40.0%––0.0%
3 years−25.0%––0.0%
5 years−29.1%––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.

FACOR Steels share price by year

Each calendar year to 2017.

YearClose at year endChangeHighest closeLowest close
20170.27−18.2%0.340.27
20160.33−26.7%0.480.26
20150.45−28.6%0.760.32
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. The 2017 close is its last trade, on 2 May 2017.

Recent sessions

The 10 trading days to 2 May 2017, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
2 May 20170.270.270.270.270.27500
24 Apr 20170.260.280.260.280.281,24,931
10 Apr 20170.270.280.270.270.2744,007
3 Apr 20170.290.290.280.280.285,000
27 Mar 20170.290.290.290.290.2910,010
20 Mar 20170.300.320.300.300.3122,316
14 Mar 20170.290.310.290.310.3074,584
6 Mar 20170.300.320.300.300.326,502
27 Feb 20170.320.330.310.310.3257,025
20 Feb 20170.310.320.310.320.318,550
Prices in ₹ per share as traded, not adjusted.

Company details

BSE code
532657
ISIN
INE829G01011
Industry
Industrial Products
CIN
L27100MH2004PLC146283
Corporate identity number, the registrar of companies' code for it
Incorporated
2004
Registered office
46 A & B, MIDC, Industrial Estate, Hingna Road, Nagpur 440028, Maharashtra
Share registrar
MUFG Intime India Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments