Highland Industries (Delisted) results and financials

BSE: 507940

Highland Industries Ltd. · Face value ₹10 · Listed Jul 2001

Delisted on 23 Aug 2017.

Last announcements

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

Results for the quarter to Jun 2012

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

Revenue
₹15 Cr−30.8% on a year ago
Net profit
₹0.05 Cr−28.6% on a year ago
Net margin
0.3%

From revenue to net profit, ₹ crore

  1. Revenue15
  2. Other income+0.1
  3. Profit before tax0.1
  4. Net profit0.1

Highland Industries results by quarter

Standalone: the listed company alone, without its subsidiaries. Latest quarter to Jun 2012. Results for the quarter to Sep 2012 were due by 14 Nov 2012, 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
200.2Sep 0916−0.2Dec 09300.1Mar 10130.0Jun 10310.1Sep 10820.5Dec 10210.1Mar 11210.1Jun 11260.2Sep 11120.2Dec 11Mar 12150.1Jun 12
Peak revenue ₹82 Cr, quarter to Dec 2010; lowest ₹12 Cr, quarter to Dec 2011A loss in 1 of the 11 quarters with results on record

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
1.2%−1.0%1.0%−1.0%0.3%0.3%0.4%0.6%0.3%0.3%0.7%1.2%0.3%Sep 09Mar 10Sep 10Mar 11Sep 11Mar 12Jun 12
₹ croreSep 2007Dec 2007Mar 2008Jun 2008Sep 2008Dec 2008Mar 2009Jun 2009Sep 2009Dec 2009Mar 2010Jun 2010Sep 2010Dec 2010Mar 2011Jun 2011Sep 2011Dec 2011Mar 2012Jun 2012
Revenue from operations5.45.45.316.917.319.618.016.420.116.430.213.231.282.221.321.325.912.4–14.7
––––––––––––––––––––
Materials and goods bought–––––––––––––––––––14.7
Other income0.00.00.00.10.10.10.10.00.10.1–0.10.10.00.00.00.00.2–0.1
Profit before tax0.00.00.00.10.10.10.00.20.3−0.20.10.10.20.70.10.10.20.2–0.1
Tax––0.0–––0.00.10.1––0.00.10.20.0–––––
Tax rate––47.6%–––102.7%31.1%30.8%––30.5%29.9%30.0%30.9%–––––
Net profit0.00.00.00.10.10.10.00.10.2−0.20.10.00.10.50.10.10.20.2–0.1
Net margin0.3%0.2%0.2%0.7%0.6%0.5%0.0%0.9%1.0%−1.0%0.3%0.3%0.4%0.6%0.3%0.3%0.7%1.2%–0.3%
Earnings per share in rupees, restated for later splits and bonuses. No results on record for the quarter to Mar 2012.

4 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
210.1Mar 08720.3Mar 09Mar 101480.5Mar 11
Peak revenue ₹148 Cr, year to Mar 2011; lowest ₹21 Cr, year to Mar 2008

Operating and net margin, per cent

  • Operating margin
  • Net margin
0.5%0.2%0.2%0.5%0.4%Mar 08Mar 09Mar 10Mar 11

Results for the year to Mar 2011

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

From revenue to net profit

  1. Revenue148
  2. Other income+0.2
  3. Profit before tax0.9
  4. Tax−0.3
  5. Net profit0.5

Profit and loss

Standalone, ₹ crore, years to March. No results on record for the year to Mar 2010.

₹ croreMar 2008Mar 2009Mar 2010Mar 2011
Revenue from operations2172–148
Other income00–0
Profit before tax00–1
Tax00–0
Net profit00–1
Net margin0.2%0.5%–0.4%
Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the years to Mar 2008, Mar 2009 and Mar 2011: the statement does not state its finance costs or depreciation, which operating profit is worked out from, so operating profit is not given.

Ratios

Standalone, years to March.

RatioMar 2009Mar 2010Mar 2011
Revenue growth234.8%––
Net profit growth523.1%––

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 2011.

Measure3 years
Revenue growth, yearly rate90.3%
Profit growth, yearly rate117.6%
Net margin, average0.4%

Accounting checks

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

CheckMar 2008Mar 2009Mar 2010Mar 2011
Effective tax ratePublished threshold 17.16 per cent16.3910.50–36.94
A threshold marked as ours has no published figure; it is the line we read the check against.

Company details

BSE code
507940
ISIN
INE672D01012
CIN
U99999MH1985PLC036897
Corporate identity number, the registrar of companies' code for it
Incorporated
1985
Registered office
J-103, Sumer Nagar, Bldg. No. 2, S.V. Road, Korakendra, Borivali (W), Mumbai 400092, Maharashtra
Share registrar
Purva Sharegistry (India) Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments