GSL Nova Petrochemicals share price

BSE: 530605Textiles & Apparels

GSL Nova Petrochemicals Limited · Formerly Nova Petrochemicals · Face value ₹5 · Listed Jun 1995

Trading suspended since 30 Oct 2019

Last traded ₹0.53 on 14 Oct 2019

Latest announcements

Routine notices left out.

  1. Nov 2021

  2. Oct 2021

  3. Jun 2020

  4. Dec 2019

  5. Nov 2019

Share price history

Daily closes since Apr 2015, BSE closes Jan 2007 to Jul 2010, in Nov 2011, in Dec 2011, in Mar 2012, in Apr 2012, in Jun 2012, in Oct 2012, in Nov 2012, in Dec 2012, in Feb 2013, in Feb 2013, in Mar 2013, in Mar 2013, in Apr 2013, Apr 2013 to May 2013, in May 2013, May 2013 to Jul 2013, Jul 2013 to Nov 2013, Nov 2013 to Dec 2013, in Dec 2013, in Dec 2013, Jan 2014 to Apr 2014, Apr 2014 to May 2014, in May 2014, in May 2014, in May 2014, in May 2014, in May 2014, in May 2014, in Jun 2014, in Jun 2014, in Jun 2014, in Jul 2014, in Jul 2014, Jul 2014 to Aug 2014, in Aug 2014, in Aug 2014, in Aug 2014, in Aug 2014, in Sep 2014, in Sep 2014, in Sep 2014, in Sep 2014, in Sep 2014, in Oct 2014, in Oct 2014, Oct 2014 to Jan 2015, in Jan 2015, Feb 2015 to Apr 2015 and Apr 2015 to Oct 2019, adjusted for splits and bonuses. Earlier closes are left out: on 15 Apr 2015 the price changed in a way no corporate action on record explains.

Daily close, ₹ per share

Results for the quarter to Sep 2019

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

Revenue
₹0.00 Cr
Operating profit
−₹0.50 Cr
Net profit
₹22 Cr+514.4% on a year ago
Earnings per share
₹16.48+514.9% on a year ago

From revenue to net profit, ₹ crore

  1. Revenue0.0
  2. Employee costs0.0
  3. Other expenses−0.5
  4. Operating profit−0.5
  5. Depreciation0.0
  6. Other income+0.2
  7. One-off items+23
  8. Finance costs0.0
  9. Profit before tax22
  10. Tax0.0
  11. Net profit22

GSL Nova Petrochemicals results by quarter

Standalone: the listed company alone, without its subsidiaries. Latest quarter to Sep 2019. Results for the quarter to Dec 2019 were due by 14 Feb 2020, 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
3.2−2.6Dec 163.3−3.2Mar 171.81.1Jun 170.7−0.1Sep 170.0−0.7Dec 175.12.0Mar 180−2.1Jun 1803.6Sep 1800.1Dec 180−1.7Mar 1900.0Jun 19022Sep 19
Peak revenue ₹5.08 Cr, quarter to Mar 2018; lowest ₹0.00 Cr, quarter to Jun 2018A loss in 6 of the 12 quarters shown

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
57.0%−3,040.9%−49.4%−85.9%−385.0%−79.8%−98.2%57.0%−19.2%−3,040.9%39.0%Dec 16Jun 17Dec 17Jun 18Dec 18Jun 19Sep 19
₹ croreDec 2014Mar 2015Jun 2015Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Q1Sep 2018Dec 2018Q3Mar 2019Jun 2019Q1Sep 2019
Revenue from operations–0.1––1.6–3.85.03.23.31.80.70.05.10.00.00.00.00.00.0
–0.8––0.5–2.81.34.86.1––0.1–1.82.20.01.70.00.5
Materials and goods bought––––––2.9––5.3––––0.00.00.00.00.00.0
Employee costs–0.1––0.0––––0.0––0.0–0.00.00.00.00.00.0
Other expenses–0.7––0.4––––0.7––0.1–1.82.20.01.70.00.5
Operating profit before depreciation–−0.7––1.2–1.03.7−1.6−2.8––−0.1–−1.8−2.20.0−1.70.0−0.5
Operating margin–−1,123.5%––72.0%–26.9%73.8%−49.4%−85.9%––−385.0%–––––––
Depreciation and amortisation0.92.30.20.20.2–0.10.20.10.00.10.10.10.10.00.00.00.00.00.0
Other income0.00.40.01.10.3–3.20.50.20.91.80.70.05.10.05.90.20.00.00.2
Finance costs2.63.32.72.82.5–1.61.31.11.20.60.40.50.40.30.10.00.00.00.0
Profit before one-off items and tax−3.6−5.9−2.9−1.9−1.2–2.52.7−2.6−3.21.1−0.1−0.72.0−2.13.60.1−1.70.0−0.3
One-off items––––––––––––––0.00.00.00.00.022.5
Profit before tax−3.6−5.9−2.9−1.9−1.2–2.52.7−2.6−3.21.1−0.1−0.72.0−2.13.60.1−1.70.022.2
Tax––––––––––––––0.00.00.00.00.00.0
Tax rate–––––––––––––––0.0%0.0%–0.0%0.0%
Net profit−3.6−5.9−2.9−1.9−1.2–2.52.7−2.6−3.21.1−0.1−0.72.0−2.13.60.1−1.70.022.2
Net margin–−9,511.3%––−71.4%–64.9%54.8%−79.8%−98.2%57.0%−19.2%−3,040.9%39.0%––––––
Earnings per share––−₹1.08−₹0.69−₹0.43––––−₹1.19₹0.39−₹0.05−₹0.25₹0.73−₹1.54₹2.68₹0.10−₹1.24₹0.00₹16.48
Earnings per share in rupees, restated for later splits and bonuses. No results on record for the quarter to Mar 2016.

10 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
220−4.1Mar 10231−5.9Mar 11158−19Mar 1253−13Mar 136.4−11Mar 141.4−16Mar 15Mar 1615−5.5Mar 177.72.2Mar 1800.016Mar 19
A loss in 7 of the 9 years with results on record

Operating and net margin, per cent

  • Operating margin
  • Net margin
28.9%−1,122.0%4.0%3.2%−2.2%23.1%−5.0%−1.9%−2.5%−11.8%−24.7%−176.7%−1,122.0%−35.9%28.9%Mar 10Mar 12Mar 14Mar 16Mar 18Mar 19

The years either side of a change of basis do not compare. From the year to Mar 2012, the company's revenue for that year, ₹158 Cr, differs from its quarters added, ₹166 Cr.

Results for the year to Mar 2019

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

From revenue to net profit

  1. Revenue0.0
  2. Employee costs−0.1
  3. Other expenses−5.6
  4. Operating profit−5.7
  5. Depreciation0.0
  6. Other income+6.2
  7. One-off items0.0
  8. Finance costs−0.5
  9. Profit before tax0.0
  10. Tax0.0
  11. Net profit0.0

What the company owns

  • Plant, investments and other assets₹4 Cr
  • Receivables₹1 Cr
  • Cash and bank₹0 Cr

What pays for it: net worth and liabilities

  • Borrowings₹16 Cr
  • Owed to suppliers₹15 Cr

Profit and loss

Standalone, ₹ crore, years to March. No results on record for the year to Mar 2016.

₹ croreMar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue from operations2202311585361–1580
211223161–5––16–6
Materials and goods bought155178135524––11–0
Employee costs333–0––0–0
Other expenses534223–1––5–6
Operating profit before depreciation97−3–1––−1–−6
Operating margin4.0%3.2%−2.2%–23.1%––−5.0%––
Materials, % of revenue70.5%77.3%85.3%–61.1%––72.8%––
Employee costs, % of revenue1.4%1.5%2.1%–1.1%––0.5%––
Other expenses, % of revenue24.0%18.0%14.8%–14.7%––31.6%––
Depreciation and amortisation665–4––000
Operating profit after depreciation31−9–−3––−1–−6
Other income010111–186
Finance costs881091011–520
Profit before one-off items and tax−5−6−19−25−11−16–−520
One-off items1––12–––––0
Profit before tax−4−6−19−13−11−16–−520
Tax–––––––––0
Net profit−4−6−19−13−11−16–−520
Net margin−1.9%−2.5%−11.8%−24.7%−176.7%−1,122.0%–−35.9%28.9%–
Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the years to Mar 2013 and Mar 2015: the statement does not state its depreciation, 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 2018: revenue, other income and exceptional items less the total expenses stated do not come to the profit before tax the same statement states, so the operating expenses cannot be told apart from the rest.

Balance sheet

Standalone, ₹ crore, at 31 March.

₹ croreMar 2019
−48.8
Share capital13.5
Reserves−62.3
Borrowings15.6
53.3
Liabilities due after a year0.0
Total assets4.5
1.3
3.1
Net debt15.5
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 2010, Mar 2011, Mar 2012, Mar 2013, Mar 2014, Mar 2015, Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.

Per share

Standalone, ₹ per share, years to March.

₹ per shareMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
–––––−₹2.04₹0.82₹0.00
As stated that year−₹6.88−₹4.83−₹4.19−₹4.90–−₹2.04₹0.82₹0.00
–––––−₹2.04₹0.82₹0.00
Market cap at the year end (₹ crore)6.483.241.54––6.37––
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 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue growth–4.8%–−66.6%−87.9%−77.5%––−50.0%−100.0%
Operating profit growth–−17.0%––––––––
Net profit growth–––––––––−99.5%
Earnings per share growth–––––––––−100.0%
Interest cover0.30.2––––––––
Asset turnover–––––––––0.00
Assets per rupee of net worth–––––––––−0.09
Sales per rupee of plant–––––––––0.00
Plant being built, % of plant in use–––––––––0.0%
Revenue growth and operating profit growth are left blank for the year to Mar 2010: between the two periods the company restated its earlier figures, so the two are on different bases and the change is not worked out. Interest cover is left blank for the years to Mar 2012, Mar 2014, Mar 2017 and Mar 2019: operating profit after depreciation is a loss, and a loss covers no interest bill. Revenue growth is left blank for the year to Mar 2012: between the two periods the company restated its earlier figures, so the two are on different bases and the change is not worked out. Debt to equity is left blank for the year to Mar 2019: net worth is below zero, so there is no shareholders' money to set the borrowings against. Return on capital employed is left blank for the year to Mar 2019: net worth and borrowings together come to nought or less, so there is no money employed to set the operating profit against. No balance sheet is on record for the years to Mar 2010, Mar 2011, Mar 2012, Mar 2013, Mar 2014, Mar 2015, 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 2019.

Return on assets, latest year
0.3%
Measure3 years
Net margin, average−3.5%

Accounting checks

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

CheckMar 2019
Effective tax ratePublished threshold 17.16 per cent0.00
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 2019 the company reports one business segment, LAND ACQUISTION, which carries all its revenue.

Where the return came from

Yearly rates to Mar 2019, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−24.3%––0.0%
3 years−8.4%––0.0%
Longer windows are left empty: a corporate action or price step on 2015-01-05 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.

GSL Nova Petrochemicals share price by year

Each calendar year to 2019.

YearClose at year endChangeHighest closeLowest close
2019BSE close0.53−3.6%0.550.53
2018BSE close0.55−59.3%1.410.38
2017BSE close1.35−24.6%2.431.35
2016BSE close1.79+251.0%1.790.43
2015BSE close0.51–0.730.47
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2018 is from its first session, 22 Jan 2018. 2015 is from its first session, 15 Apr 2015. The close is the year's last trade for 2019 (14 Oct 2019), 2018 (30 Nov 2018) and 2017 (6 Nov 2017).

Recent sessions

The 10 trading days to 14 Oct 2019, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
14 Oct 20190.530.530.530.530.5315
17 Jun 20190.530.530.530.530.533
6 May 20190.530.530.530.530.533,476
26 Mar 20190.530.530.530.530.5324
20 Mar 20190.530.530.530.530.533,600
18 Mar 20190.550.550.550.550.551,614
4 Jan 20190.550.550.550.550.551,000
30 Nov 20180.550.550.550.550.55729
26 Nov 20180.570.570.570.570.5760
19 Nov 20180.570.570.570.570.57100
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
15 Apr 2015Price move–Between two trading sessions the price fell 47% or more, or rose 90% or more. The company made an announcement in time for trading that day or the trading day before. Earlier prices are not shown.
13 Apr 2015Price move–Between two trading sessions the price fell 47% or more, or rose 90% or more. The company made an announcement in time for trading that day or the trading day before. Earlier prices are not shown.
4 Feb 2015Price 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.
30 Jan 2015Price 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.
6 Jan 2015Price move–Between two trading sessions the price fell 47% or more, or rose 90% or more. The company made an announcement in time for trading that day or the trading day before. Earlier prices are not shown.
5 Jan 2015Price 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.
9 Oct 2014Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
8 Oct 2014Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
30 Sep 2014Price move–Between two trading sessions the price moved by a fifth or more. The company made an announcement in time for trading that day or the trading day before. Not adjusted for.
19 Sep 2014Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
2 Jul 2014Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
28 May 2014Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
27 May 2014Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
23 May 2014Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
19 May 2014Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
7 May 2014Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
6 May 2014Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
5 May 2014Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
30 Apr 2014Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
29 Apr 2014Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
14 Jan 2014Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
1 Jan 2014Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
18 Dec 2013Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
13 Dec 2013Price 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.
12 Dec 2013Price 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.
11 Dec 2013Price 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.
27 Nov 2013Price 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 Nov 2013Price move–Between two trading sessions the price fell 47% or more, or rose 90% or more. The company made an announcement in time for trading that day or the trading day before. Earlier prices are not shown.
26 Jul 2013Price 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
530605
ISIN
INE787A01022
Industry
Textiles & Apparels
Former symbols
GSLNOVA, NOVA
CIN
L70101GJ1993PLC020927
Corporate identity number, the registrar of companies' code for it
Incorporated
1993
Registered office
396 / 403, Moraiya Village, Sarkhej Bavla Highway, Ahmedabad 382210, Gujarat
Share registrar
MCS Share Transfer Agent Ltd
Keeps the register of shareholders and handles transfers and dividend payments