Falcon Tyres (Delisted) share price
BSE: 509527
Falcon Tyres Ltd. · Face value ₹5 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 Nov 2000
Last traded ₹6.70 on 13 Jun 2016
Delisted on 11 May 2018.
Last announcements
The company's own last announcements before its shares stopped trading, routine notices left out.
Sep 2017
Mar 2017
28 Mar · Legal
Exchange has sought clarification from Falcon Tyres Ltd with respect to news article appearing on auto.economictimes.indiatimes.com on March 27, 2017 titled "Sebi slaps Rs 1 cr fine ....
Aug 2016
3 Aug · Shareholding for the Period Ended June 30, 2016
Shareholding Pattern for the Period Ended June 30, 2016. For more details, kindly Click ....
Jul 2016
21 Jul · Statement of Investor Complaint under Reg. 13(3) of SEBI (LODR) Regulations, 2015 for Quarter ended June 30, 2016
Apr 2016
21 Apr · Statement of Investor Complaint under Reg. 13(3) of SEBI (LODR) Regulations, 2015 for Quarter ended March 31, 2016
Jan 2016
20 Jan · Statement of Investor Complaint under Reg. 13(3) of SEBI (LODR) Regulations, 2015
Results for the quarter to Sep 2015
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
- ₹6.93 Cr−62.2% on a year ago · +1,194.4% 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
- −₹17 Cr
- 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
- −₹2.20
- Net margin
- −246.6%
From revenue to net profit, ₹ crore
- Revenue6.9
- Other income+0.3
- Finance costs−0.4
- Profit before tax−17
- Net profit−17
Falcon Tyres results by quarter
Standalone: the listed company alone, without its subsidiaries. Latest quarter to Sep 2015. Results for the quarter to Dec 2015 were due by 14 Feb 2016, 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 ₹337 Cr, quarter to Jun 2013; lowest ₹0.54 Cr, quarter to Jun 2015A loss in 6 of the 12 quarters shown
Operating and net margin by quarter, per cent
- Operating margin
- Net margin
| ₹ crore | Dec 2010 | Mar 2011 | Jun 2011 | Sep 2011 | Dec 2011 | Mar 2012 | Jun 2012 | Sep 2012 | Dec 2012 | Mar 2013 | Jun 2013 | Sep 2013 | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 215 | 231 | 225 | 229 | 227 | 229 | 233 | 217 | 212 | 209 | 337 | 186 | 128 | 126 | 25 | 18 | 21 | – | 1 | 7 |
| Operating expenses. What the business spent to run itself in the period, materials, staff and other costs, before depreciation, interest and tax. Operating expenses in the glossary | 193 | 212 | 209 | 220 | 215 | 216 | 219 | 192 | – | 187 | 321 | – | 123 | 127 | 30 | – | 26 | – | – | – |
| Materials and goods boughtCost of materials and goods. Raw materials used and goods bought for resale in the period, adjusted for the change in stock held. Cost of materials and goods in the glossary | 145 | 156 | 174 | 178 | 168 | 145 | 164 | 145 | 143 | 133 | 268 | 125 | 87 | 96 | 16 | 12 | 12 | 32 | 0 | 3 |
| Employee costsEmployee costs. Salaries, wages, bonuses and other benefits paid to staff in the period. Employee costs in the glossary | – | – | – | – | – | – | 15 | 14 | – | 14 | 17 | – | 15 | 15 | 9 | – | 7 | – | – | – |
| Other expensesOther expenses. Every operating cost besides materials and staff: power, rent, freight, repairs, marketing and the like. Other expenses in the glossary | – | – | – | – | – | – | 40 | 34 | – | 41 | 36 | – | 22 | 16 | 5 | – | 7 | – | – | – |
| Operating profit before depreciationOperating profit before depreciation (EBITDA). Revenue less operating expenses: what the business earns from its operations before depreciation, interest and tax. Operating profit before depreciation (EBITDA) in the glossary | 22 | 19 | 16 | 10 | 12 | 13 | 14 | 24 | – | 22 | 16 | – | 5 | −1 | −5 | – | −5 | – | – | – |
| Operating margin | 10.4% | 8.3% | 7.1% | 4.3% | 5.4% | 5.5% | 6.2% | 11.2% | – | 10.4% | 4.8% | – | 4.3% | −0.4% | −20.2% | – | −21.7% | – | – | – |
| Depreciation and amortisationDepreciation and amortisation. The part of the cost of plant, buildings and other long-lived assets charged against each year they are used. Depreciation and amortisation in the glossary | 2 | 2 | 2 | 2 | 2 | 4 | 6 | 6 | – | 6 | 4 | – | 3 | 3 | 5 | – | 5 | 14 | – | – |
| 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 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 5 | 1 | 0 |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. Finance costs in the glossary | 4 | 4 | 4 | 5 | 5 | 9 | 13 | 12 | 15 | 16 | 10 | 5 | 6 | −3 | 2 | 1 | 2 | 1 | 1 | 0 |
| Profit before one-off items and taxProfit before one-off items and tax. Profit before tax as it would be without the one-off items below it, as the company states it. Profit before one-off items and tax in the glossary | 19 | 15 | 11 | 5 | 7 | 1 | −3 | 9 | 1 | 1 | 4 | 0 | −2 | 1 | −11 | −10 | −10 | – | −18 | −17 |
| One-off itemsExceptional items. Gains or losses the company reports separately because they are not expected to recur, such as selling a business or writing down an asset. Exceptional items in the glossary | – | – | – | – | – | −30 | −37 | – | – | – | – | 0 | – | – | – | – | – | – | – | – |
| Profit before tax | 19 | 15 | 11 | 5 | 7 | −29 | −39 | 9 | 1 | 1 | 4 | 0 | −2 | 1 | −11 | −10 | −10 | −77 | −18 | −17 |
| Tax | 5 | 5 | 2 | 1 | 0 | – | – | 7 | – | – | – | – | – | – | – | – | – | – | – | – |
| Tax rateEffective tax rate. Tax charged as a percentage of profit before tax. Effective tax rate in the glossary | 26.7% | 33.2% | 18.1% | 25.1% | 4.2% | – | – | 73.3% | – | – | – | – | – | – | – | – | – | – | – | – |
| Net profit | 14 | 10 | 9 | 4 | 7 | −29 | −39 | 3 | 1 | 1 | 4 | 0 | −2 | 1 | −11 | −10 | −10 | 23 | −18 | −17 |
| Net margin | 6.4% | 4.3% | 4.0% | 1.6% | 3.0% | −12.7% | −16.9% | 1.2% | 0.4% | 0.6% | 1.0% | 0.1% | −1.5% | 0.7% | −43.8% | −52.4% | −49.3% | – | −3,373.3% | −246.6% |
| Earnings per share | – | – | – | – | – | – | −₹5.09 | – | ₹0.11 | – | ₹0.46 | ₹0.03 | −₹0.25 | ₹0.11 | – | −₹1.24 | −₹1.35 | – | −₹2.33 | −₹2.20 |
Earnings per share in rupees, restated for later splits and bonuses.
7 years at a glance
Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to March, then September.
Revenue, net profit and borrowings, ₹ crore
- Revenue
- Net profit
- Borrowings
- Loss
Peak revenue ₹901 Cr, year to Sep 2011; lowest ₹446 Cr, year to Mar 2008A loss in 1 of the 5 years with results on record
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 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
The company moved its year end from March to September: its last year to March on record ended in Mar 2009, its first year to September in Sep 2010. The company moved its year end from September to March: its last year to September on record ended in Sep 2011, its first year to March in Mar 2015.
Results for the year to Mar 2015
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
From revenue to net profit
- Depreciation−29
- Other income+6.4
- Finance costs−5.8
- Profit before tax−108
- Net profit−7.5
Profit and loss
Standalone, ₹ crore, years to March, then September. No results on record for the years to Mar 2013 and Mar 2014.
| ₹ crore | Mar 2008 | Mar 2009 | Sep 2010 | Sep 2011 | Mar 2013 | Mar 2014 | Mar 2015 |
|---|---|---|---|---|---|---|---|
| Revenue from operations | 446 | 513 | 788 | 901 | – | – | – |
| 429 | 487 | 704 | 833 | – | – | – | |
| Materials and goods bought | 223 | 383 | 544 | 653 | – | – | 62 |
| Operating profit before depreciation | 17 | 26 | 84 | 67 | – | – | – |
| Operating margin | 3.7% | 5.1% | 10.7% | 7.5% | – | – | – |
| Depreciation and amortisation | 4 | 4 | 8 | 9 | – | – | 29 |
| Operating profit after depreciationOperating profit after depreciation (EBIT). Operating profit before depreciation, less depreciation and amortisation. Operating profit after depreciation (EBIT) in the glossary | 13 | 21 | 77 | 59 | – | – | – |
| Other income | 4 | 2 | 6 | 8 | – | – | 6 |
| Finance costs | 9 | 13 | 17 | 17 | – | – | 6 |
| Profit before tax | 8 | 10 | 66 | 50 | – | – | −108 |
| Tax | 3 | 4 | 14 | 21 | – | – | – |
| Net profit | 6 | 7 | 52 | 29 | – | – | −8 |
| Net margin | 1.3% | 1.3% | 6.6% | 3.2% | – | – | – |
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 revenue or total expenses, which operating profit is worked out from, so operating profit is not given.
Ratios
Standalone, years to March, then September.
| Ratio | Mar 2008 | Mar 2009 | Sep 2010 | Sep 2011 | Mar 2013 | Mar 2014 | Mar 2015 |
|---|---|---|---|---|---|---|---|
| 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 | – | 15.0% | – | 14.3% | – | – | – |
| Operating profit growthOperating profit growth. This year's operating profit before depreciation less last year's, divided by last year's, times 100; blank where last year's is not above nought. Operating profit growth in the glossary | – | 55.7% | – | −20.3% | – | – | – |
| 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 | – | 17.1% | – | −43.9% | – | – | – |
| Interest coverInterest cover. Operating profit after depreciation divided by finance costs: how many times over the profit pays the interest bill. Interest cover in the glossary | 1.4 | 1.6 | 4.6 | 3.5 | – | – | – |
Accounting checks
Standalone, years to March, then September. Published tests of whether reported profit is backed by cash and the balance sheet.
| Check | Mar 2008 | Mar 2009 | Sep 2010 | Sep 2011 | Mar 2013 | Mar 2014 | Mar 2015 |
|---|---|---|---|---|---|---|---|
| Effective tax ratePublished threshold 17.16 per cent | 43.14 | 36.11 | 21.51 | 41.50 | – | – | – |
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 2015, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −26.8% | – | – | 0.0% |
| 3 years | −22.0% | – | – | 0.0% |
| 5 years | −37.4% | – | – | 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.
Falcon Tyres share price by year
Each calendar year to 2016.
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2016 | 6.70 | −3.6% | 7.64 | 5.42 |
| 2015 | 6.95 | −68.4% | 21.95 | 6.09 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. The 2016 close is its last trade, on 13 Jun 2016.
Recent sessions
The 10 trading days to 13 Jun 2016, as traded on BSE.
| Date | Open | High | Low | Close | Average price | Volume |
|---|---|---|---|---|---|---|
| 13 Jun 2016 | 6.70 | 6.70 | 6.70 | 6.70 | 6.70 | 200 |
| 6 Jun 2016 | 6.70 | 6.70 | 6.70 | 6.70 | 6.70 | 1,400 |
| 30 May 2016 | 7.14 | 7.14 | 6.46 | 7.05 | 6.51 | 11,427 |
| 23 May 2016 | 6.18 | 6.80 | 6.18 | 6.80 | 6.22 | 1,622 |
| 16 May 2016 | 6.50 | 6.60 | 6.50 | 6.50 | 6.50 | 11,300 |
| 9 May 2016 | 6.84 | 6.85 | 6.84 | 6.84 | 6.84 | 11,005 |
| 2 May 2016 | 6.89 | 7.20 | 6.89 | 7.19 | 6.89 | 10,300 |
| 25 Apr 2016 | 7.00 | 7.39 | 6.78 | 7.25 | 6.95 | 5,165 |
| 18 Apr 2016 | 7.25 | 7.25 | 6.58 | 7.13 | 7.12 | 2,876 |
| 11 Apr 2016 | 6.91 | 6.91 | 6.90 | 6.91 | 6.91 | 14,300 |
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-date | Event | Price factor | What happened |
|---|---|---|---|
| 25 Sep 2009 | Price 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
- 509527
- ISIN
- INE511B01024
- Website
- www.falcontyres.com
- CIN
- L25114KA1973PLC002455
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1973
- Registered office
- KRS Road, Metagalli, Mysore 570016, Karnataka
- Share registrar
- Integrated Enterprises (India) Ltd
- Keeps the register of shareholders and handles transfers and dividend payments