Grandeur Products (Delisted) share price

BSE: 539235Agricultural Food & other Products

Grandeur Products Limited · Face value ₹10 · Listed Jul 2015

Last traded ₹173.10 on 7 Dec 2021

Delisted on 3 Jan 2022.

Last announcements

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

Share price history

Daily closes since Feb 2017, adjusted for splits and bonuses

Daily close, ₹ per share

Results for the quarter to Sep 2021

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

Revenue
₹0.00 Cr
Operating profit
−₹0.21 Cr
Net profit
−₹0.31 Cr
Earnings per share
−₹0.12

From revenue to net profit, ₹ crore

  1. Revenue0.0
  2. Employee costs−0.1
  3. Other expenses−0.2
  4. Operating profit−0.2
  5. Depreciation0.0
  6. Other income0.0
  7. Finance costs−0.1
  8. Profit before tax−0.3
  9. Tax0.0
  10. Net profit−0.3

Grandeur Products results by quarter

Standalone: the listed company alone, without its subsidiaries. Latest quarter to Sep 2021. Results for the quarter to Dec 2021 were due by 14 Feb 2022, 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
0−0.5Dec 183.81.4Mar 190−0.4Jun 190−0.5Sep 190−0.4Dec 190.0−0.3Mar 200−0.5Jun 200−0.2Sep 200−0.2Dec 200−0.2Mar 210−0.2Jun 210−0.3Sep 21
Peak revenue ₹3.80 Cr, quarter to Mar 2019; lowest ₹0.00 Cr, quarter to Dec 2018A loss in 11 of the 12 quarters shown

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
67.3%−809.6%53.2%67.3%35.7%−809.6%Dec 18Jun 19Dec 19Jun 20Dec 20Jun 21Sep 21
₹ croreDec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Q1Sep 2018Dec 2018Q3Mar 2019Jun 2019Q1Sep 2019Dec 2019Q3Mar 2020Jun 2020Q1Sep 2020Dec 2020Q3Mar 2021Jun 2021Q1Sep 2021
Revenue from operations0.430.250.060.030.39−0.380.000.000.003.800.000.000.000.030.000.000.000.000.000.00
––0.220.15–−0.060.200.100.111.780.180.290.180.010.230.160.150.170.130.21
Materials and goods bought––0.060.03––0.000.000.001.530.000.000.00−0.140.000.000.000.000.000.00
Employee costs––0.040.04–0.050.060.070.070.110.050.060.060.080.060.060.050.060.040.05
Other expenses––0.120.08–−0.110.140.030.040.140.130.240.120.070.170.100.100.110.080.16
Operating profit before depreciation––−0.16−0.12–−0.32−0.20−0.10−0.112.02−0.18−0.29−0.180.02−0.23−0.16−0.15−0.17−0.13−0.21
Operating margin––−260.8%−386.7%–85.3%–––53.2%–––67.3%––––––
Depreciation and amortisation–0.000.000.010.010.010.010.010.010.000.000.000.000.010.000.000.000.000.000.00
Other income–0.250.300.320.39–0.030.090.010.010.000.030.000.000.000.000.000.000.000.00
Finance costs–0.050.090.090.130.160.110.370.420.370.260.260.260.300.310.050.000.000.060.09
One-off items––––––0.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Profit before tax0.22−0.060.040.11−0.09−0.50−0.28−0.38−0.521.67−0.45−0.53−0.44−0.28−0.54−0.21−0.16−0.17−0.19−0.30
0.02−0.02–––−0.11−0.080.000.000.310.000.000.000.000.000.000.000.050.000.01
Tax rate9.4%––––––––18.7%––––––––––
Net profit0.20−0.050.040.11−0.09−0.38−0.20−0.38−0.521.36−0.45−0.53−0.44−0.28−0.54−0.21−0.16−0.23−0.19−0.31
Other comprehensive income––––––−0.45−0.520.040.000.010.11−0.10−0.260.100.140.01−0.070.040.12
Total comprehensive income––––––−0.64−0.90−0.481.36−0.44−0.42−0.55−0.54−0.44−0.07−0.15−0.30−0.15−0.20
Net margin47.4%−17.9%72.1%366.7%−23.3%101.6%–––35.7%–––−809.6%––––––
Earnings per share–−₹0.04₹0.00₹0.09−₹0.07–−₹0.09−₹0.41−₹0.23₹0.61−₹0.20−₹0.24−₹0.20−₹0.87−₹0.20−₹0.03−₹0.60−₹0.09−₹0.08−₹0.12
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.

Revenue, net profit and borrowings, ₹ crore

  • Revenue
  • Net profit
  • Borrowings
  • Loss
170.1Mar 15160.1Mar 160.10.0Mar 170.1−0.3Mar 183.80.214Mar 190.0−1.716Mar 200−1.10.6Mar 21
Peak revenue ₹17 Cr, year to Mar 2015; lowest ₹0.00 Cr, year to Mar 2021A loss in 3 of the 7 years shown

Operating and net margin, per cent

  • Operating margin
  • Net margin
42.6%−4,967.0%−525.6%−620.9%42.6%−1,833.6%0.3%0.7%3.2%−352.7%6.6%−4,967.0%Mar 15Mar 16Mar 17Mar 18Mar 19Mar 20Mar 21

Results for the year to Mar 2021

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

From revenue to net profit

  1. Revenue0.0
  2. Employee costs−0.2
  3. Other expenses−0.5
  4. Operating profit−0.7
  5. Depreciation0.0
  6. Other income0.0
  7. One-off items0.0
  8. Finance costs−0.4
  9. Profit before tax−1.1
  10. Tax−0.1
  11. Net profit−1.1

What the company owns

  • Plant, investments and other assets₹58 Cr
  • Receivables₹2 Cr
  • Current investments₹1 Cr
  • Cash and bank₹0 Cr

What pays for it: net worth and liabilities

  • Net worth₹59 Cr
  • Other liabilities₹1 Cr
  • Borrowings₹1 Cr
  • Owed to suppliers₹0 Cr

Profit and loss

Standalone, ₹ crore, years to March. The last column is the twelve months to Sep 2021, the latest four quarters added.

₹ croreMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Sep 2021Twelve months
Revenue from operations17.016.40.10.13.80.00.00.0
––0.60.72.20.70.70.7
Materials and goods bought16.615.4–0.11.5−0.10.00.0
Employee costs––0.10.20.30.20.20.2
Other expenses––0.50.40.30.60.50.5
Operating profit before depreciation––−0.5−0.61.6−0.6−0.7−0.7
Operating margin––−525.6%−620.9%42.6%−1,833.6%––
Materials, % of revenue–––95.9%40.3%−414.9%––
Employee costs, % of revenue––139.8%203.3%7.9%723.1%––
Other expenses, % of revenue––486.1%421.9%9.2%1,625.4%––
Depreciation and amortisation––0.00.00.00.00.00.0
Operating profit after depreciation––−0.5−0.61.6−0.6−0.7−0.7
Other income––0.80.60.20.00.00.0
Finance costs––0.30.51.31.10.40.1
One-off items––––0.00.00.00.0
Profit before tax0.10.20.0−0.40.5−1.7−1.1−0.8
0.10.10.0−0.10.20.00.10.1
Net profit0.10.10.0−0.30.2−1.7−1.1−0.9
Other comprehensive income––––−0.9−0.20.20.1
Total comprehensive income––––−0.7−1.9−1.0−0.8
Net margin0.3%0.7%3.2%−352.7%6.6%−4,967.0%––
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the year to Mar 2017 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 2015 and Mar 2016: 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. The last column is the half year to Sep 2021, after the latest full year: the balance sheet at its end.

₹ croreMar 2019Mar 2020Mar 2021Sep 2021Half year
47.845.959.258.9
Share capital22.322.325.225.2
Reserves25.523.634.133.7
14.115.50.63.6
4.01.71.34.4
12.514.30.00.0
Total assets64.461.960.663.3
18.822.822.722.7
45.639.137.840.6
Net debt13.415.10.02.9
Borrowings are counted again inside the liabilities due within a year and after a year. Plant in use and plant being built are given for full years only. No balance sheet is on record for the years to Mar 2015, Mar 2016, Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.

Cash flow

Standalone, ₹ crore, years to March. The last column is the half year to Sep 2021, after the latest full year: the cash flow over its six months.

₹ croreMar 2021Sep 2021Half year
0.370.12
0.150.46
Receivables0.020.00
Payables−0.12−0.03
Other working capital0.250.48
Capital spending0.000.00
Free cash flow0.370.12
Cash from investing0.000.00
Cash from financing−0.36−0.15
Dividends paid0.000.00
Shares bought back0.000.00
Shares issued0.000.00
Net change in cash0.01−0.02
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 2015, Mar 2016, Mar 2017, Mar 2018, Mar 2019 and Mar 2020.

Per share

Standalone, ₹ per share, years to March.

₹ per shareMar 2019Mar 2020Mar 2021
Earnings per share₹0.12−₹0.87−₹0.45
Diluted earnings per share₹0.12−₹0.87−₹0.45
Book value per share––₹23.55
Shareholder yield––0.0%
Market cap at the year end (₹ crore)–634707
Earnings per share is left blank for the year to Mar 2018: the earnings per share stated has the opposite sign to the profit stated beside it, so it is not shown.

Ratios

Standalone, years to March.

RatioMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue growth−3.6%−99.4%−2.2%4,078.0%−99.1%−100.0%
Net profit growth101.8%−97.4%––––
–––0.5%−3.6%–
––––−4.1 pts–
From the net margin––––−395.4 pts–
From asset turnover––––391.3 pts–
From borrowing––––0.0 pts–
Return on capital employed–––2.6%−1.1%−1.2%
Interest cover–––1.3––
Debt to equity–––0.300.340.01
Receivable days–––28819,430–
Inventory days–––00–
Payable days–––381−498–
Cash conversion cycle, days–––−9319,928–
Working capital days–––4,0744,07,565–
Asset turnover–––0.060.000.00
Assets per rupee of net worth–––1.351.351.17
Sales per rupee of plant–––80.891.110.00
Capital spending to depreciation–––––0.35
Plant being built, % of plant in use––––0.0%0.0%
Interest cover is left blank for the years to Mar 2017, Mar 2018, Mar 2020 and Mar 2021: operating profit after depreciation is a loss, and a loss covers no interest bill. No balance sheet is on record for the years to Mar 2015, Mar 2016, Mar 2017 and Mar 2018, 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 2021.

Return on assets, latest year
−1.9%
Measure5 years3 years
Return on equity, average–−1.6%
Return on capital employed, average–0.1%
Operating margin, average−734.4%−895.5%
Net margin, average−1,327.5%−2,480.2%
Asset turnover, average–0.02
Cash conversion cycle, days, average–9,918
Debt to equity, average–0.21

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 2021.

₹ croreLatest year
Cash from operations0.37
Cash from investing0.00
Cash from financing−0.36
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 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Effective tax ratePublished threshold 17.16 per cent47.2242.7957.14––––
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 2021 the company reports one business segment, Seed and other agri-related business, which carries all its revenue.

Where the return came from

Yearly rates to Mar 2021, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−1.0%––0.0%
3 years+57.9%––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.

Grandeur Products share price by year

Each calendar year to 2021.

YearClose at year endChangeHighest closeLowest close
2021173.10−44.0%313.00117.45
2020309.00+1.3%336.60237.00
2019305.00+33.3%378.00198.10
2018228.75+368.8%322.0051.20
201748.80–48.8012.50
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2017 is from its first session, 13 Feb 2017. The 2021 close is its last trade, on 7 Dec 2021.

Recent sessions

The 10 trading days to 7 Dec 2021, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
7 Dec 2021172.95173.10172.95173.10173.09853
6 Dec 2021164.90164.90164.90164.90164.90605
3 Dec 2021159.90160.65157.05157.05159.53490
2 Dec 2021161.80161.80153.00153.00154.24141
1 Dec 2021154.80154.80154.80154.80154.8047
30 Nov 2021156.90157.00144.05154.80154.74428
29 Nov 2021159.95159.95147.15150.75148.53239
26 Nov 2021155.00155.00143.05153.95153.39117
25 Nov 2021158.00158.00150.40150.40154.72174
24 Nov 2021158.80158.80158.00158.00158.00252
Prices in ₹ per share as traded, not adjusted.

Company details

BSE code
539235
ISIN
INE545R01010
Industry
Agricultural Food & other Products
CIN
L15500TG1983PLC110115
Corporate identity number, the registrar of companies' code for it
Incorporated
1983
Registered office
L V Prasad Hospital, Road No: 2, Banjara Hills, Hyderabad 500034, Telangana
Share registrar
Venture Capital & Corporate Investments Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments