HSBC InvestDirect(India) (Delisted) share price
BSE: 532653
HSBC InvestDirect(India) Ltd · Face value ₹10 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Jul 2005
Last traded ₹394.00 on 7 Jul 2010
Delisted on 15 Jul 2010.
Last announcements
The company's own last announcements before its shares stopped trading, routine notices left out.
Jul 2010
14 Jul · Management
Board of Directors of the Company vide resolution passed on July 05, 2010, had approved the resignation of Mr. Tarun Kataria as a Director with effect from close of business hours on June 30, 2010. The Board further approved the appointment of Ms. Louisa Cheang as an Additional Director of the Company with effect from July 5, 2010.13 Jul · Management
Ms. Louisa Cheang has been appointed as an Additional Director of the Company w.e.f. July 05, 2010.
Jun 2010
24 Jun · Suspension and Delisting of Trading in Equity Shares
Members of the Exchange are hereby informed that the trading in the equity shares of HSBC InvestDirect (India) Limited shall be suspended w.e.f. July 08, 2010 (i.e. w.e.f. closing hours of trading on July 07, 2010) on account of voluntary delisting pursuant to the SEBI (Delisting of Equity Shares) Regulations, 2009. The admission to dealings in securities of the said company shall be withdrawn (delisted) w.e.f. July 15, 2010.
May 2010
20 May · Updates
With a view to align the business with the long term strategy of HSBC InvestDirect, the Board of Directors of the Company, vide resolution passed on May 19, 2010, approved discontinuation of the Merchant Banking Business by HSBC InvestDirect Securities (India) Ltd. (HISL) and surrender of its Merchant Banking Licence of Securities and Exchange Board of India. HISL continues to be a trading member of the Bombay Stock Exchange Ltd and National Stock Exchange of India Ltd in the Cash and Futures & Options Segments and will focus its efforts on the retail and corporate segment. The Company owns 100% of the total paid up capital of HISL.20 May · Results
Results for the quarter to Mar 2010
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
- RevenueRevenue from operations. Money earned from selling the company's goods and services in the period. Revenue from operations in the glossary
- ₹2.88 Cr−13.7% on a year ago · −25.7% on the quarter beforeChange on a year ago and on the quarter before. The change against the same quarter a year before: (this quarter's figure less that quarter's) divided by that quarter's, times 100. The change on the quarter before is the same sum against the quarter just before, taken as this quarter's results restate it where the company restated it: this quarter's year to date less this quarter. Left out where either figure is a loss, where the restatement covers two or more earlier quarters without saying which, or across a change of basis named under the table, on the lines it affects.
- Net profitNet profit. What is left of revenue and other income after every cost, interest and tax. Net profit in the glossary
- ₹0.28 Cr
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 9.6%
From revenue to net profit, ₹ crore
- Revenue2.9
- Other income+0.1
- One-off items+0.1
- Profit before tax−1.0
- Tax+1.3
- Net profit0.3
HSBC InvestDirect(India) results by quarter
Standalone: the listed company alone, without its subsidiaries. Latest quarter to Mar 2010. Results for the quarter to Jun 2010 were due by 14 Aug 2010, 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
Back to profit in the quarter to Mar 2010, ₹0.28 CrA loss in 5 of the 11 quarters shown
Operating and net margin by quarter, per cent
- Operating margin
- Net margin
| ₹ crore | Sep 2007 | Dec 2007 | Mar 2008 | Jun 2008 | Sep 2008 | Dec 2008 | Mar 2009 | Jun 2009 | Sep 2009 | Dec 2009 | Mar 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 5.7 | 3.5 | 1.7 | 3.0 | 9.0 | 4.3 | 3.3 | 3.8 | 3.8 | 3.9 | 2.9 |
| Operating expensesOperating expenses. What the business spent to run itself in the period, materials, staff and other costs, before depreciation, interest and tax. Operating expenses in the glossary | 3.1 | 2.3 | 2.7 | 2.7 | – | – | – | – | – | – | – |
| Operating profit before depreciationOperating profit before depreciation (EBITDA). Revenue less operating expenses: what the business earns from its operations before depreciation, interest and tax. Operating profit before depreciation (EBITDA) in the glossary | 2.6 | 1.3 | −1.0 | 0.4 | – | – | – | – | – | – | – |
| Operating margin | 45.6% | 35.7% | −60.8% | 11.9% | – | – | – | – | – | – | – |
| Depreciation and amortisationDepreciation and amortisation. The part of the cost of plant, buildings and other long-lived assets charged against each year they are used. Depreciation and amortisation in the glossary | 0.0 | 0.0 | 0.0 | 0.0 | – | – | – | – | – | – | – |
| Other incomeOther income. Income from outside the main business, such as interest on deposits, dividends received and gains on investments. Other income in the glossary | 4.1 | 4.3 | 4.8 | 5.1 | −0.1 | 0.5 | 0.1 | – | – | 0.0 | 0.1 |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. Finance costs in the glossary | 1.0 | 1.5 | 0.1 | 0.0 | 0.0 | – | 0.0 | – | – | – | – |
| Profit before one-off items and taxProfit before one-off items and tax. Profit before tax as it would be without the one-off items below it, as the company states it. Profit before one-off items and tax in the glossary | – | – | – | – | – | −3.5 | 2.5 | 0.9 | 1.5 | 2.1 | −1.1 |
| One-off itemsExceptional items. Gains or losses the company reports separately because they are not expected to recur, such as selling a business or writing down an asset. Exceptional items in the glossary | – | – | – | – | −7.6 | −12.2 | −0.9 | −4.1 | 8.0 | −2.5 | 0.1 |
| Profit before tax | 5.6 | 4.1 | 3.6 | 5.4 | −2.3 | −15.7 | 1.6 | −3.2 | 9.4 | −0.4 | −1.0 |
| Tax | 2.0 | 1.6 | 2.2 | 1.9 | 1.8 | −1.1 | 1.6 | −0.8 | 4.2 | 4.2 | −1.3 |
| Tax rateEffective tax rate. Tax charged as a percentage of profit before tax. Effective tax rate in the glossary | 35.1% | 38.1% | 60.5% | 34.9% | – | – | 100.6% | – | 44.4% | – | – |
| Net profit | 3.7 | 2.5 | 1.4 | 3.5 | −4.2 | −14.6 | 0.0 | −2.4 | 5.2 | −4.6 | 0.3 |
| Net margin | 64.4% | 71.9% | 84.1% | 115.6% | −46.2% | −339.3% | −0.3% | −63.1% | 136.6% | −118.6% | 9.6% |
| Earnings per shareEarnings per share. Profit belonging to shareholders divided by the number of shares, restated for later splits and bonuses so they do not break the line. Earnings per share in the glossary | ₹0.52 | ₹0.36 | ₹0.20 | ₹0.50 | −₹0.60 | −₹2.08 | – | – | – | – | – |
Earnings per share in rupees, restated for later splits and bonuses.
The quarters either side of a change of basis do not compare. From the quarter to Mar 2009, the company's revenue for the year to Mar 2009, ₹24 Cr, differs from its quarters added, ₹20 Cr.
HSBC InvestDirect(India) results by half year
Standalone: the listed company alone, without its subsidiaries. The half years to Sep 2007 in the same span that the quarters on record do not fully cover.
| ₹ crore | Sep 2007 |
|---|---|
| Revenue from operations | 18.1 |
| Operating expenses | 7.0 |
| Operating profit before depreciation | 11.1 |
| Operating margin | 61.3% |
| Depreciation and amortisation | 0.1 |
| Other income | 8.5 |
| Finance costs | 1.8 |
| Profit before tax | 17.7 |
| Tax | 6.1 |
| Tax rate | 34.4% |
| Net profit | 11.6 |
| Net margin | 64.1% |
| Earnings per share | ₹1.66 |
Earnings per share in rupees, restated for later splits and bonuses.
3 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
A loss in 2 of the 3 years shown
Operating and net margin, per cent
- Operating marginOperating margin. Operating profit before depreciation as a percentage of revenue: how much of each rupee of sales is left after running costs. Operating margin in the glossary
- Net margin
The years either side of a change of basis do not compare. From the year to Mar 2009, the company's revenue for that year, ₹24 Cr, differs from its quarters added, ₹20 Cr.
Results for the year to Mar 2010
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
From revenue to net profit
- Revenue14
- Other income+0.1
- One-off items+1.7
- Finance costs0.0
- Profit before tax4.8
- Tax−6.3
- Net profit−1.5
Profit and loss
Standalone, ₹ crore, years to March.
| ₹ crore | Mar 2008 | Mar 2009 | Mar 2010 |
|---|---|---|---|
| Revenue from operations | 23.3 | 24.3 | 14.4 |
| Operating expenses | 12.1 | – | – |
| Operating profit before depreciation | 11.3 | – | – |
| Operating margin | 48.2% | – | – |
| Depreciation and amortisation | 0.1 | – | – |
| Operating profit after depreciationOperating profit after depreciation (EBIT). Operating profit before depreciation, less depreciation and amortisation. Operating profit after depreciation (EBIT) in the glossary | 11.2 | – | – |
| Other income | 17.6 | 0.9 | 0.1 |
| Finance costs | 3.4 | 0.0 | 0.0 |
| Profit before one-off items and tax | – | 9.7 | 3.1 |
| One-off items | – | −20.7 | 1.7 |
| Profit before tax | 25.4 | −11.0 | 4.8 |
| Tax | 9.8 | 4.2 | 6.3 |
| Net profit | 15.6 | −15.2 | −1.5 |
| Net margin | 66.7% | −62.6% | −10.4% |
Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the years to Mar 2009 and Mar 2010: the statement does not state its depreciation, which operating profit is worked out from, so operating profit is not given.
Ratios
Standalone, years to March.
| Ratio | Mar 2008 | Mar 2009 | Mar 2010 |
|---|---|---|---|
| Revenue growthRevenue growth. This year's revenue less last year's, divided by last year's, times 100; blank where last year's is not above nought. Revenue growth in the glossary | – | – | −40.7% |
| Interest coverInterest cover. Operating profit after depreciation divided by finance costs: how many times over the profit pays the interest bill. Interest cover in the glossary | 3.3 | – | – |
Revenue growth is left blank for the year to Mar 2009: 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 2010.
| Measure | 3 years |
|---|---|
| Net margin, averageNet margin, average. 3 years: The plain average of the yearly net profit margin over the last three years, needing at least two of them; a year without the figure is left out, never filled in. 5 years: The plain average of the yearly net profit margin over the last five years, needing at least four of them; a year without the figure is left out, never filled in. 10 years: The plain average of the yearly net profit margin over the last ten years, needing at least nine of them; a year without the figure is left out, never filled in. | −2.1% |
Where the return came from
Yearly rates to Mar 2010, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | +284.8% | – | – | 0.0% |
| 3 years | +12.4% | – | – | 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.
Recent sessions
The 10 trading days to 7 Jul 2010, as traded on BSE.
| Date | Open | High | Low | Close | Average price | Volume |
|---|---|---|---|---|---|---|
| 7 Jul 2010 | 392.35 | 394.00 | 392.35 | 394.00 | 394.00 | 75,381 |
| 6 Jul 2010 | 392.15 | 394.90 | 392.10 | 393.05 | 393.06 | 1,732 |
| 5 Jul 2010 | 405.00 | 405.00 | 392.00 | 392.85 | 392.09 | 21,096 |
| 2 Jul 2010 | 393.30 | 395.00 | 393.30 | 394.55 | 393.59 | 578 |
| 1 Jul 2010 | 394.95 | 395.00 | 392.25 | 394.55 | 394.54 | 7,278 |
| 30 Jun 2010 | 392.55 | 393.10 | 391.15 | 391.65 | 392.69 | 156 |
| 29 Jun 2010 | 395.00 | 395.00 | 392.55 | 392.55 | – | 15 |
| 28 Jun 2010 | 394.50 | 394.50 | 392.00 | 394.45 | 393.37 | 285 |
| 25 Jun 2010 | 393.00 | 395.00 | 393.00 | 393.00 | 393.44 | 879 |
| 24 Jun 2010 | 394.25 | 394.25 | 391.05 | 391.25 | 393.47 | 641 |
Prices in ₹ per share as traded, not adjusted.
Company details
- BSE code
- 532653
- ISIN
- INE800B01013
- Website
- www.hsbcinvestdirect.co.in
- Registered office
- Dhana Singh Processor Premises J B Nagar Andheri - Kurla Road Andheri (East), Mumbai 400059, Maharashtra