Gangotri Iron & Steel Company (Delisted) share price

BSE: 530945Industrial Products

Gangotri Iron & Steel Company Ltd · Face value ₹5 · Listed Aug 1995

Last traded ₹0.45 on 6 Feb 2017

Delisted on 24 Feb 2023.

Last announcements

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

  1. Mar 2016

    • 5 Mar · Shareholding for the Period Ended December 31, 2015

      Shareholding Pattern for the Period Ended December 31, 2015. For more details, kindly Click ....
  2. Feb 2016

  3. Jan 2016

  4. Nov 2015

  5. Oct 2015

  6. Sep 2015

Share price history

Daily closes since Oct 2010, adjusted for splits and bonuses. Earlier closes are left out: on 29 Oct 2010 the price changed in a way no corporate action on record explains.

Daily close, ₹ per share

Results for the quarter to Dec 2015

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

Net profit
−₹0.80 Cr

From revenue to net profit, ₹ crore

  1. Depreciation−0.7
  2. Profit before tax−0.8
  3. Net profit−0.8

Gangotri Iron & Steel Company results by quarter

Standalone: the listed company alone, without its subsidiaries. Latest quarter to Dec 2015. Results for the quarter to Mar 2016 were due by 30 May 2016, 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
28−0.4Mar 1347−1.0Jun 1329−2.6Sep 137.6−5.3Dec 13Mar 14−0.8Jun 14−3.9Sep 14−0.8Dec 14−0.8Mar 15−0.8Jun 15−0.8Sep 15−0.8Dec 15
Peak revenue ₹47 Cr, quarter to Jun 2013; lowest ₹7.61 Cr, quarter to Dec 2013A loss in 11 of the 11 quarters with results on record

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
2.7%−69.2%2.7%0.6%−20.8%−1.5%−2.1%−9.2%−69.2%Mar 13Sep 13Mar 14Sep 14Mar 15Sep 15Dec 15
₹ croreMar 2011Jun 2011Sep 2011Dec 2011Mar 2012Jun 2012Sep 2012Dec 2012Mar 2013Jun 2013Sep 2013Dec 2013Mar 2014Jun 2014Sep 2014Dec 2014Mar 2015Jun 2015Sep 2015Dec 2015
Revenue from operations47.417.320.729.231.820.019.622.228.446.828.87.6––––––––
48.914.217.528.930.819.519.4––45.628.69.2––––––––
Materials and goods bought42.611.714.6–29.218.717.620.712.133.919.36.8––––––––
Employee costs0.50.20.2–0.10.10.1––0.40.40.0––––––––
Other expenses5.92.22.7–1.50.71.7––11.38.92.3––––––––
Operating profit before depreciation−1.43.23.30.31.00.50.2––1.30.2−1.6––––––––
Operating margin−3.0%18.4%15.8%1.1%3.2%2.3%1.2%––2.7%0.6%−20.8%––––––––
Depreciation and amortisation0.90.80.80.70.80.80.7––0.80.80.8––0.70.70.70.70.70.7
Other income7.50.00.00.01.90.00.00.00.01.11.10.1–––––0.0––
Finance costs2.12.63.50.52.90.00.00.02.62.63.13.0––3.0–0.0–––
Profit before tax3.1−0.2−1.1−1.0−0.8−0.3−0.5−0.3−0.4−1.0−2.6−5.3–−0.8−3.9−0.8−0.8−0.8−0.8−0.8
Tax−0.1−0.1−0.30.1––––––––––––––––
Tax rate−4.8%–––––––––––––––––––
Net profit3.2−0.2−0.7−1.0−0.8−0.3−0.5−0.3−0.4−1.0−2.6−5.3–−0.8−3.9−0.8−0.8−0.8−0.8−0.8
Net margin6.8%−1.1%−3.4%−3.5%−2.4%−1.5%−2.6%−1.3%−1.5%−2.1%−9.2%−69.2%––––––––
Earnings per share₹1.21−₹0.07––−₹0.06−₹0.02−₹0.04−₹0.11−₹0.11−₹0.37––––––––––
Earnings per share in rupees, restated for later splits and bonuses. No results on record for the quarter to Mar 2014.

The quarters either side of a change of basis do not compare. From the quarter to Mar 2012, the company's revenue for the year to Mar 2012, ₹93 Cr, differs from its quarters added, ₹99 Cr. From the quarter to Mar 2013, the company's revenue for the year to Mar 2013, ₹87 Cr, differs from its quarters added, ₹90 Cr.

6 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
460.9Mar 0866−6.0Mar 091612.0Mar 101730.5Mar 1193−2.2Mar 1287−0.9Mar 13
A loss in 3 of the 6 years shown

Operating and net margin, per cent

  • Operating margin
  • Net margin
5.8%−9.0%5.8%−1.2%3.4%−2.7%3.5%1.9%−9.0%1.2%0.3%−2.3%−1.0%Mar 08Mar 09Mar 10Mar 11Mar 12Mar 13

The years either side of a change of basis do not compare. From the year to Mar 2011, the company's revenue for that year, ₹173 Cr, differs from its quarters added, ₹183 Cr. From the year to Mar 2012, the company's revenue for that year, ₹93 Cr, differs from its quarters added, ₹99 Cr. From the year to Mar 2013, the company's revenue for that year, ₹87 Cr, differs from its quarters added, ₹90 Cr.

Results for the year to Mar 2013

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

From revenue to net profit

  1. Revenue87
  2. Materials and goods−70
  3. Employee costs−0.5
  4. Other expenses−14
  5. Operating profit3.0
  6. Depreciation−2.8
  7. Other income+2.0
  8. Finance costs−3.7
  9. Profit before tax−1.5
  10. Tax+0.6
  11. Net profit−0.9

Profit and loss

Standalone, ₹ crore, years to March.

₹ croreMar 2008Mar 2009Mar 2010Mar 2011Mar 2012Mar 2013
Revenue from operations46661611739387
4367156178–84
Materials and goods bought3146119146–70
Employee costs––22–0
Other expenses––3529–14
Operating profit before depreciation3−15−5–3
Operating margin5.8%−1.2%3.4%−2.7%–3.5%
Materials, % of revenue––73.7%84.7%–80.1%
Employee costs, % of revenue––1.4%1.2%–0.6%
Other expenses, % of revenue––21.5%16.9%–15.8%
Depreciation and amortisation1143–3
Operating profit after depreciation2−22−8–0
Other income00101822
Finance costs1289104
Profit before one-off items and tax–−441−3−2
One-off items–00–––
Profit before tax2−441−3−2
Tax1221−1−1
Net profit1−620−2−1
Net margin1.9%−9.0%1.2%0.3%−2.3%−1.0%
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the years to Mar 2008 and Mar 2009 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.

Per share

Standalone, ₹ per share, years to March.

₹ per shareMar 2008Mar 2009Mar 2010Mar 2011Mar 2012Mar 2013
––––−₹0.81–
As stated that year₹1.30−₹7.74––−₹0.81–
––––−₹0.81–
Market cap at the year end (₹ crore)–8–13011028
Every year is restated for later splits and bonuses, so they do not break the line. The figure the company stated that year is under each line it differs from.

Ratios

Standalone, years to March.

RatioMar 2008Mar 2009Mar 2010Mar 2011Mar 2012Mar 2013
Revenue growth–44.1%144.5%–––
Net profit growth–––−76.2%––
Interest cover3.0–0.2––0.1
Interest cover is left blank for the years to Mar 2009 and Mar 2011: operating profit after depreciation is a loss, and a loss covers no interest bill. Revenue growth is left blank for the years to Mar 2011, Mar 2012 and Mar 2013: between the two periods the company restated its earlier figures, so the two are on different bases and the change is not worked out.

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 2013.

Measure5 years3 years
Operating margin, average0.7%0.4%
Net margin, average−2.2%−1.0%

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 2013
Effective tax ratePublished threshold 17.16 per cent43.06–45.1961.90––
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 2013, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−74.2%––0.0%
Longer windows are left empty: a corporate action or price step on 2010-10-29 that cannot be sized sits inside this window. 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.

Gangotri Iron & Steel Company share price by year

Each calendar year to 2017.

YearClose at year endChangeHighest closeLowest close
20170.45−6.3%0.470.45
20160.48+128.6%0.500.20
20150.21−73.8%0.880.18
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. The close is the year's last trade for 2017 (6 Feb 2017) and 2016 (21 Nov 2016).

Recent sessions

The 10 trading days to 6 Feb 2017, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
6 Feb 20170.450.450.450.450.45700
9 Jan 20170.470.470.470.470.47500
21 Nov 20160.520.520.480.480.482,012
7 Nov 20160.500.500.500.500.505
24 Oct 20160.480.480.480.480.48500
10 Oct 20160.480.480.480.480.48100
29 Aug 20160.460.460.460.460.461
30 Jun 20160.460.460.460.460.4610,810
29 Jun 20160.460.460.460.460.461,000
14 Jun 20160.460.460.460.460.4630
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
29 Oct 2010Price 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.
26 Mar 2009Price 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
530945
ISIN
INE437F01023
Industry
Industrial Products
CIN
L27101BR1992PLC005129
Corporate identity number, the registrar of companies' code for it
Incorporated
1992
Registered office
307, Ashiana Towers, Exhibition Road, Patna 800001, Bihar
Share registrar
S. K. Infosolutions Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments