Gold Line International Finvest (Delisted) share price

BSE: 538180Finance

Gold Line International Finvest Limited · Face value ₹1 · Listed Apr 2014

Last traded ₹0.61 on 30 Sep 2024

Delisted on 15 Dec 2025.

Last announcements

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

  1. Feb 2025

  2. Nov 2024

  3. Aug 2024

Share price history

Daily closes since Oct 2016, adjusted for splits and bonuses. Earlier closes are left out: on 28 Oct 2016 the price changed in a way no corporate action on record explains.

Daily close, ₹ per share

Q3 results, quarter to Dec 2022

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

Revenue
₹0.18 Cr−30.1% on a year ago · −0.7% on the quarter before
Operating profit
₹0.01 Cr+163.6% on a year ago
Net profit
₹0.01 Cr+163.6% on a year ago
Earnings per share
₹0.00−100.0% on a year ago
Operating margin
8.0%
Net margin
8.0%

From revenue to net profit, ₹ crore

  1. Revenue0.2
  2. Employee costs−0.1
  3. Other expenses−0.1
  4. Operating profit0.0
  5. Depreciation0.0
  6. Other income0.0
  7. Finance costs0.0
  8. Profit before tax0.0
  9. Tax0.0
  10. Net profit0.0

Gold Line International Finvest results by quarter

Standalone: the listed company alone, without its subsidiaries. Latest quarter to Dec 2022. Results for the quarter to Mar 2023 were due by 30 May 2023, 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
0.60.0Mar 200.10.0Jun 200.20.0Sep 200.10.0Dec 200.40.0Mar 210.20.0Jun 210.10.0Sep 210.30.0Dec 210.80.2Mar 220.20.0Jun 220.20.0Sep 220.20.0Dec 22
Peak revenue ₹0.80 Cr, quarter to Mar 2022; lowest ₹0.08 Cr, quarter to Jun 2020Back to profit in the quarter to Dec 2022, ₹0.01 Cr

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
24.9%−13.3%3.1%−7.9%1.9%−13.3%2.1%24.9%4.6%−4.2%8.0%0.6%2.6%3.6%1.9%11.8%10.1%−13.3%2.1%21.2%4.6%−4.2%8.0%Mar 20Sep 20Mar 21Sep 21Mar 22Sep 22Dec 22
₹ croreMar 2018Jun 2018Q1Sep 2018Dec 2018Q3Mar 2019Jun 2019Q1Sep 2019Dec 2019Q3Mar 2020Jun 2020Q1Sep 2020Dec 2020Q3Mar 2021Jun 2021Sep 2021Dec 2021Q3Mar 2022Jun 2022Q1Sep 2022Dec 2022Q3
Revenue from operations0.430.180.350.16–0.220.000.180.620.080.170.110.360.160.100.260.800.210.180.18
–0.160.320.140.350.180.210.160.600.08–0.11––0.120.250.600.200.190.17
Materials and goods bought–0.000.000.000.000.000.000.000.000.00–0.00––0.000.000.000.000.000.00
Employee costs–0.100.190.100.110.100.100.120.300.08–0.07––0.080.080.120.100.100.09
Other expenses–0.050.120.040.240.080.110.040.300.01–0.05––0.040.180.490.100.090.08
Operating profit before depreciation–0.020.040.02–0.03−0.210.020.02−0.01–0.00––−0.010.010.200.01−0.010.01
Operating margin–11.0%10.5%11.8%–14.7%–11.0%3.1%−7.9%–1.9%––−13.3%2.1%24.9%4.6%−4.2%8.0%
Depreciation and amortisation0.020.020.030.020.020.020.010.010.020.00–0.00––0.000.000.000.000.000.00
Other income0.430.000.000.000.440.000.230.000.000.01–0.000.01–0.000.000.000.000.000.00
Finance costs0.000.000.000.000.000.000.000.000.000.00–0.00––0.000.000.000.000.000.00
One-off items–0.000.000.000.000.000.000.000.000.00–0.00––0.000.000.000.000.000.00
Profit before tax−0.010.000.000.000.070.020.010.010.010.000.010.000.040.02−0.010.010.200.01−0.010.01
0.020.000.000.000.000.000.000.000.000.00–0.00−0.01–0.000.000.030.000.000.00
Tax rate–0.0%25.0%0.0%−0.9%0.0%0.0%0.0%41.2%0.0%–0.0%−16.7%––0.0%14.9%0.0%–0.0%
Net profit−0.030.000.000.000.070.020.010.010.000.000.010.000.040.02−0.010.010.170.01−0.010.01
Net margin−6.1%1.8%1.0%1.5%–7.2%–7.5%0.6%2.6%3.6%1.9%11.8%10.1%−13.3%2.1%21.2%4.6%−4.2%8.0%
Earnings per share–₹0.00₹0.00₹0.00₹0.00₹0.00₹0.00₹0.00₹0.00₹0.00–₹0.00––₹0.00₹0.00₹0.00–₹0.00₹0.00
Earnings per share in rupees, restated for later splits and bonuses.

The quarter to Jun 2022 was restated in the company's filing of 1 Mar 2023. The table shows the restated figures.

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
1.20.2Mar 145.90.4Mar 15Mar 160.1Mar 170.50.0Mar 180.00.3Mar 191.20.00.3Mar 200.70.1Mar 211.30.20.3Mar 22

Operating and net margin, per cent

  • Operating margin
  • Net margin
15.7%−179.2%−179.2%7.0%15.7%12.4%6.8%8.2%1.8%7.2%13.4%Mar 14Mar 16Mar 18Mar 20Mar 22

The years either side of a change of basis do not compare. From the year to Mar 2018, the company's revenue for that year, ₹0.53 Cr, differs from its quarters added, ₹1.63 Cr.

Results for the year to Mar 2022

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

From revenue to net profit

  1. Revenue1.3
  2. Employee costs−0.3
  3. Other expenses−0.8
  4. Operating profit0.2
  5. Depreciation0.0
  6. Other income0.0
  7. One-off items0.0
  8. Finance costs0.0
  9. Profit before tax0.2
  10. Tax0.0
  11. Net profit0.2

What the company owns

  • Plant, investments and other assets₹60 Cr
  • Receivables₹2 Cr
  • Cash and bank₹0 Cr

What pays for it: net worth and liabilities

  • Net worth₹53 Cr
  • Owed to suppliers₹8 Cr
  • Other liabilities₹1 Cr
  • Borrowings₹0 Cr

Profit and loss

Standalone, ₹ crore, years to March. No results on record for the year to Mar 2016. The last column is the twelve months to Dec 2022, the latest four quarters added.

₹ croreMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Dec 2022Twelve months
Revenue from operations1.245.90––0.53–1.240.711.321.38
––––1.470.851.16–1.111.16
Materials and goods bought–3.92–2.890.530.000.00–0.000.00
Employee costs––––0.490.360.55–0.350.41
Other expenses––––0.450.480.61–0.770.75
Operating profit before depreciation––––−0.94–0.09–0.210.22
Operating margin––––−179.2%–7.0%–15.7%15.7%
Materials, % of revenue––––101.4%–0.0%–0.0%0.0%
Employee costs, % of revenue––––93.0%–43.9%–26.1%29.9%
Other expenses, % of revenue––––84.9%–49.1%–58.2%54.4%
Depreciation and amortisation0.040.09–0.150.100.060.06–0.000.00
Operating profit after depreciation––––−1.04–0.02–0.210.22
Other income––––1.110.950.000.020.000.00
Finance costs––––0.010.000.00–0.000.00
One-off items–––––0.000.00–0.000.00
Profit before tax0.240.58–0.100.060.030.030.050.210.22
0.080.17–0.030.020.000.00−0.010.030.03
Net profit0.150.40–0.070.040.030.020.050.180.19
Net margin12.4%6.8%––8.2%–1.8%7.2%13.4%13.6%
Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the years to Mar 2014 and Mar 2015: the statement does not state its finance costs, which operating profit is worked out from, so operating profit is not given. Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the year to Mar 2017: the statement does not state its revenue or finance costs, which operating profit is worked out from, so operating profit is not given. Revenue from operations, operating profit before depreciation and operating profit after depreciation are left blank for the year to Mar 2019: the filing states revenue as 0 for a year whose own quarters state revenue, a placeholder rather than a figure, so revenue and what is made from it are not held. Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the year to Mar 2021: the statement does not state its finance costs or depreciation, which operating profit is worked out from, so operating profit is not given.

Balance sheet

Standalone, ₹ crore, at 31 March.

₹ croreMar 2019Mar 2020Mar 2021Mar 2022
53.153.1–53.4
Share capital52.152.1–52.1
Reserves1.01.0–1.3
Borrowings0.30.3–0.3
9.29.7–8.5
Liabilities due after a year0.30.3–0.3
Total assets62.663.1–62.2
3.43.4–3.3
59.159.7–58.9
Net debt0.10.0–0.0
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 2014, Mar 2015, Mar 2017, Mar 2018 and Mar 2021, so its lines and the ratios worked from it are blank there.

Cash flow

Standalone, ₹ crore, years to March.

₹ croreMar 2022
1.90
1.69
Receivables1.97
Other working capital−0.28
Capital spending0.00
Free cash flow1.90
Cash from investing−1.66
Cash from financing0.00
Dividends paid0.00
Shares bought back0.00
Shares issued0.00
Net change in cash0.24
Capital spending is part of cash from investing, and dividends paid, shares bought back and shares issued are part of cash from financing. Each is shown as an amount on a line of its own, and the section's other items are in its total only. No cash flow statement is on record for the years to Mar 2014, Mar 2015, Mar 2017, Mar 2018, Mar 2019, Mar 2020 and Mar 2021.

Per share

Standalone, ₹ per share, years to March.

₹ per shareMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Earnings per share₹0.01₹0.00₹0.00₹0.00–₹0.00
Diluted earnings per share₹0.01₹0.00₹0.00₹0.00–₹0.00

Ratios

Standalone, years to March.

RatioMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue growth376.3%–––––−42.7%85.4%
Net profit growth162.1%––−39.4%−22.3%−32.3%125.7%248.4%
Earnings per share growth–––−90.0%−100.0%–––
Return on equity–––––0.0%–0.3%
Return on capital employed–––––0.0%–0.4%
Cash conversion–––––––1,068.4%
Debt to equity––––0.010.01–0.01
Receivable days–––––1,199–521
Working capital days–––––14,598–13,816
Asset turnover–––––0.02–0.02
Assets per rupee of net worth––––1.181.18–1.17
Sales per rupee of plant––––0.008.49–22.14
Plant being built, % of plant in use–––––0.0%–0.0%
Interest cover is left blank for the year to Mar 2018: operating profit after depreciation is a loss, and a loss covers no interest bill. Interest cover is left blank for the year to Mar 2019: the filing states revenue as 0 for a year whose own quarters state revenue, a placeholder rather than a figure, so revenue and what is made from it are not held. No balance sheet is on record for the years to Mar 2014, Mar 2015, Mar 2017, Mar 2018 and Mar 2021, 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 2022.

Return on assets, latest year
0.3%
Cash from operations against operating profit
915.4%
Measure5 years3 years
Profit growth, yearly rate20.1%74.6%
Return on equity, average–0.2%
Return on capital employed, average–0.2%
Operating margin, average–11.3%
Net margin, average7.7%7.5%
Asset turnover, average–0.02
Debt to equity, average–0.01

Where the cash came from and went

Standalone: the listed company alone, without its subsidiaries. ₹ crore, added up over each window, which ends with the year to Mar 2022.

₹ croreLatest year
Cash from operations1.90
Cash from investing−1.66
Cash from financing0.00
Capital spending0.00
Dividends paid0.00
Shares bought back0.00
Shares issued for cash0.00
Borrowings raised0.00
Borrowings repaid0.00

Accounting checks

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

CheckMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Altman Z-scorePublished threshold 1.1–––––11.1710.85–11.72
Other current assets growth less revenue growthOur threshold 5 per cent of revenue––––––−3.88––
Effective tax ratePublished threshold 17.16 per cent35.0230.26–31.3730.16−3.7311.02−13.0414.32
Tax charged less tax paid, % of profitOur threshold 10 percentage points––––––––14.32
A threshold marked as ours has no published figure; it is the line we read the check against.

Business segments

In the year to Mar 2022 the company reports one business segment, Single segment, which carries all its revenue.

Where the return came from

Yearly rates to Mar 2022, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+66.7%––0.0%
3 years−50.1%––0.0%
5 years−47.4%––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.

Gold Line International Finvest share price by year

Each calendar year to 2024.

YearClose at year endChangeHighest closeLowest close
20240.61−40.2%1.280.59
20231.02+43.7%1.150.45
20220.71+36.5%1.850.43
20210.52+48.6%0.570.23
20200.35−35.2%0.560.19
20190.54−92.5%7.500.50
20187.23−49.8%14.126.26
201714.40−31.1%20.5014.40
201620.90–26.5020.90
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2016 is from its first session, 28 Oct 2016. The 2024 close is its last trade, on 30 Sep 2024.

Recent sessions

The 10 trading days to 30 Sep 2024, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
30 Sep 20240.580.610.570.610.6010,71,022
23 Sep 20240.580.610.570.590.5814,50,835
16 Sep 20240.600.600.570.590.5915,95,639
9 Sep 20240.620.620.580.600.5910,29,505
2 Sep 20240.610.630.590.610.6112,11,173
26 Aug 20240.660.660.620.620.6316,81,337
19 Aug 20240.620.660.620.650.6320,85,056
12 Aug 20240.660.700.640.650.6613,67,998
5 Aug 20240.690.690.670.670.677,60,334
29 Jul 20240.640.700.640.700.6817,77,059
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
28 Oct 2016Price 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
538180
ISIN
INE204P01026
Industry
Finance
CIN
L74899DL1992PLC050250
Corporate identity number, the registrar of companies' code for it
Incorporated
1992
Registered office
Flat No. 116,, First Floor,, Hemkunt Chamber, 89,, Nehru Place, New Delhi 110019, Delhi
Share registrar
Maashitla Securities Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments