Hiran Orgachem (Delisted) share price
BSE: 506170
Hiran Orgachem 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 Dec 2001
Last traded ₹0.48 on 30 Mar 2015
Delisted on 11 May 2018.
Last announcements
The company's own last announcements before its shares stopped trading, routine notices left out.
Aug 2016
31 Aug · Disclosure under Reg. 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015
12 Aug · Limited Review Report for June 30, 2016
3 Aug · Board Meeting on August 11, 2016
Results for the quarter to Jun 2016
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
- Net profitNet profit. What is left of revenue and other income after every cost, interest and tax. Net profit in the glossary
- −₹0.07 Cr
From revenue to net profit, ₹ crore
- Depreciation0.0
- Profit before tax−0.1
- Net profit−0.1
Hiran Orgachem results by quarter
Standalone: the listed company alone, without its subsidiaries. Latest quarter to Jun 2016. Results for the quarter to Sep 2016 were due by 14 Nov 2016, 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
Peak revenue ₹2.56 Cr, quarter to Sep 2013; lowest ₹0.05 Cr, quarter to Mar 2015A loss in the quarter to Jun 2016, −₹0.07 Cr
Operating and net margin by quarter, per cent
- Operating margin
- Net margin
| ₹ crore | Sep 2011 | Dec 2011 | Mar 2012 | Jun 2012 | Sep 2012 | Dec 2012 | Mar 2013 | Jun 2013 | Sep 2013 | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 12.3 | 11.6 | 7.1 | 8.0 | 12.4 | 4.5 | 2.8 | 4.2 | 2.6 | 0.1 | – | 0.2 | – | 0.1 | 0.0 | – | – | – | – | – |
| Operating 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 | 14.7 | 13.2 | 9.8 | – | 14.3 | 8.0 | 20.2 | 40.1 | 2.7 | 0.3 | – | – | – | – | 30.4 | – | – | – | – | – |
| Materials and goods boughtCost of materials and goods. Raw materials used and goods bought for resale in the period, adjusted for the change in stock held. Cost of materials and goods in the glossary | 0.1 | 11.2 | 6.3 | 7.1 | 13.4 | 2.7 | 2.7 | 4.0 | 2.5 | 0.1 | – | 0.2 | – | 0.1 | 0.1 | – | – | – | – | – |
| Employee costsEmployee costs. Salaries, wages, bonuses and other benefits paid to staff in the period. Employee costs in the glossary | – | 0.6 | 0.5 | – | 0.4 | 0.2 | 0.0 | 0.1 | 0.1 | 0.0 | – | – | – | – | 0.0 | – | – | – | – | – |
| Other expensesOther expenses. Every operating cost besides materials and staff: power, rent, freight, repairs, marketing and the like. Other expenses in the glossary | – | 1.5 | 3.0 | – | 0.5 | 5.1 | 17.4 | 36.0 | 0.2 | 0.2 | – | – | – | – | 30.2 | – | – | – | – | – |
| 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 | −2.4 | −1.7 | −2.7 | – | −1.9 | −3.4 | −17.4 | −35.8 | −0.2 | −0.2 | – | – | – | – | −30.3 | – | – | – | – | – |
| Operating margin | −19.3% | −14.5% | −38.4% | – | −15.1% | −75.7% | −633.5% | −848.7% | −7.2% | −241.8% | – | – | – | – | −65,888.3% | – | – | – | – | – |
| 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 | 0.7 | 0.7 | 0.8 | – | 0.7 | 0.9 | 0.6 | 0.6 | 0.6 | 0.6 | 0.3 | – | – | – | 0.1 | – | 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 | 0.5 | 0.4 | 0.1 | 3.4 | −1.4 | 1.3 | 0.0 | 1.6 | 0.3 | 0.3 | 0.4 | – | 0.0 | 0.1 | 0.7 | – | – | – | 0.9 | – |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. Finance costs in the glossary | −0.1 | 0.7 | 0.6 | 0.7 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.2 | 0.0 | 0.0 | 0.0 | −0.1 | – | – | – | 0.1 | – |
| 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 | −2.4 | −2.6 | −3.9 | −3.6 | −4.0 | −3.0 | −18.1 | −34.8 | −0.5 | −0.6 | −6.1 | −0.1 | −0.1 | −0.1 | −29.5 | – | −0.1 | 0.3 | 0.7 | −0.1 |
| 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 | 2.2 | 2.1 | −0.8 | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Profit before tax | −0.2 | −0.5 | −4.8 | −3.6 | −4.0 | −3.0 | −18.1 | −34.8 | −0.5 | −0.6 | −6.1 | −0.1 | −0.1 | −0.1 | −29.5 | – | −0.1 | 0.3 | 0.7 | −0.1 |
| Net profit | −0.2 | −0.5 | −4.8 | −3.6 | −4.0 | −3.0 | −18.1 | −34.8 | −0.5 | −0.6 | −6.1 | −0.1 | −0.1 | −0.1 | −29.5 | – | −0.1 | 0.3 | 0.7 | −0.1 |
| Net margin | −1.8% | −4.1% | −67.2% | −45.7% | −32.4% | −66.8% | −658.7% | −824.6% | −21.4% | −660.0% | – | −40.9% | – | −37.6% | −64,206.5% | – | – | – | – | – |
| 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 | −₹0.02 | – | −₹0.48 | −₹0.37 | −₹0.41 | −₹0.31 | −₹1.84 | −₹3.53 | −₹0.06 | −₹0.06 | −₹0.62 | – | −₹0.01 | – | −₹2.99 | – | – | – | – | – |
Earnings per share in rupees, restated for later splits and bonuses. No results on record for the quarter to Jun 2015.
9 years at a glance
Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to March, then June.
Revenue, net profit and borrowings, ₹ crore
- Revenue
- Net profit
- Borrowings
- Loss
Peak revenue ₹203 Cr, year to Mar 2010; lowest ₹0.42 Cr, year to Mar 2015Back to profit in the year to Mar 2016, ₹0.92 Cr
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 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
The company moved its year end from March to June: its last year to March on record ended in Mar 2010, its first year to June in Jun 2012. The company moved its year end from June to March: its last year to June on record ended in Jun 2013, its first year to March in Mar 2015. The 9 months to Mar 2014 between them are one changeover period, not a year, and the yearly charts leave it out.
Results for the year to Mar 2016
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
From revenue to net profit
- Depreciation+0.1
- Other income+0.9
- Finance costs+0.1
- Profit before tax0.9
- Net profit0.9
Profit and loss
Standalone, ₹ crore, years to March, then June. A column marked with its months is a changeover year, when the company moved its year end: it is not a twelve-month year. No results on record for the year to Jun 2011.
| ₹ crore | Mar 2008 | Mar 2009 | Mar 2010 | Jun 2011 | Jun 2012 | Jun 2013 | Mar 20149 months | Mar 2015 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 119 | 189 | 203 | – | 39 | 24 | 3 | 0 | – |
| 108 | 204 | 184 | – | – | 83 | 9 | 31 | – | |
| Materials and goods bought | 92 | 173 | 181 | – | 37 | 23 | 3 | 0 | – |
| Employee costs | – | – | – | – | – | 1 | 0 | 0 | – |
| Other expenses | – | – | – | – | – | 59 | 6 | 30 | – |
| Operating profit before depreciation | 11 | −15 | 19 | – | – | −59 | −6 | −31 | – |
| Operating margin | 9.2% | −8.2% | 9.3% | – | – | −244.4% | −243.6% | −7,274.3% | – |
| Materials, % of revenueMaterials, % of revenue. Raw materials used and goods bought for resale, adjusted for the change in stock, divided by revenue, times 100. Materials, % of revenue in the glossary | – | – | – | – | – | 95.2% | 96.0% | 100.0% | – |
| Employee costs, % of revenueEmployee costs, % of revenue. Salaries, wages and other staff costs divided by revenue, times 100. Employee costs, % of revenue in the glossary | – | – | – | – | – | 3.2% | 4.5% | 31.5% | – |
| Other expenses, % of revenueOther expenses, % of revenue. Operating costs besides materials and staff divided by revenue, times 100; with the two above and the operating margin it makes 100. Other expenses, % of revenue in the glossary | – | – | – | – | – | 246.5% | 243.1% | 7,227.3% | – |
| Depreciation and amortisation | 2 | 2 | 2 | – | – | 3 | 2 | 0 | 0 |
| Operating profit after depreciationOperating profit after depreciation (EBIT). Operating profit before depreciation, less depreciation and amortisation. Operating profit after depreciation (EBIT) in the glossary | 9 | −18 | 16 | – | – | −61 | −8 | −31 | – |
| Other income | 3 | 2 | 3 | – | 8 | 2 | 1 | 1 | 1 |
| Finance costs | 7 | 9 | 9 | – | 2 | 0 | 0 | 0 | 0 |
| Profit before tax | 5 | −25 | 11 | – | −9 | −60 | −7 | −30 | 1 |
| Tax | 1 | −8 | 3 | – | – | – | – | – | – |
| Net profit | 4 | −17 | 7 | – | −9 | −60 | −7 | −30 | 1 |
| Net margin | 3.3% | −9.2% | 3.7% | – | −23.4% | −250.4% | −272.8% | −7,063.0% | – |
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the years to Mar 2008, Mar 2009 and Mar 2010 they do not, so they are left blank. Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the year to Jun 2012: 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 2016: the statement does not state its revenue, which operating profit is worked out from, so operating profit is not given.
Ratios
Standalone, years to March, then June. A column marked with its months is a changeover year, when the company moved its year end: it is not a twelve-month year. A ratio that sets its sales or profit against the balance sheet is left blank for it.
| Ratio | Mar 2008 | Mar 2009 | Mar 2010 | Jun 2011 | Jun 2012 | Jun 2013 | Mar 20149 months | Mar 2015 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|
| 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 | – | 58.4% | 7.6% | – | – | −38.4% | – | – | – |
| 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 | 1.3 | – | 1.9 | – | – | – | – | – | – |
Interest cover is left blank for the years to Mar 2009, Jun 2013, Mar 2014 and Mar 2015: operating profit after depreciation is a loss, and a loss covers no interest bill.
Accounting checks
Standalone, years to March, then June. Published tests of whether reported profit is backed by cash and the balance sheet.
| Check | Mar 2008 | Mar 2009 | Mar 2010 | Jun 2011 | Jun 2012 | Jun 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Effective tax rateEffective tax rate. Tax charged as a percentage of profit before tax. Effective tax rate in the glossaryPublished threshold 17.16 per cent | 22.00 | – | 29.10 | – | – | – | – | – | – |
A threshold marked as ours has no published figure; it is the line we read the check against.
Hiran Orgachem share price by year
Each calendar year to 2015.
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2015 | 0.48 | +9.1% | 0.48 | 0.40 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. The 2015 close is its last trade, on 30 Mar 2015.
Recent sessions
The 10 trading days to 30 Mar 2015, as traded on BSE.
| Date | Open | High | Low | Close | Average price | Volume |
|---|---|---|---|---|---|---|
| 30 Mar 2015 | 0.44 | 0.48 | 0.44 | 0.48 | 0.48 | 26,000 |
| 23 Mar 2015 | 0.48 | 0.48 | 0.46 | 0.46 | 0.48 | 1,16,000 |
| 16 Mar 2015 | 0.46 | 0.46 | 0.42 | 0.46 | 0.45 | 52,886 |
| 9 Mar 2015 | 0.44 | 0.44 | 0.44 | 0.44 | 0.44 | 18,996 |
| 2 Mar 2015 | 0.42 | 0.42 | 0.42 | 0.42 | 0.42 | 3,488 |
| 23 Feb 2015 | 0.40 | 0.44 | 0.40 | 0.40 | 0.41 | 13,019 |
| 16 Feb 2015 | 0.43 | 0.43 | 0.42 | 0.42 | 0.42 | 18,500 |
| 2 Feb 2015 | 0.44 | 0.44 | 0.44 | 0.44 | 0.44 | 51,520 |
| 27 Jan 2015 | 0.50 | 0.50 | 0.46 | 0.46 | 0.49 | 52,100 |
| 19 Jan 2015 | 0.48 | 0.48 | 0.48 | 0.48 | 0.48 | 7,600 |
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-date | Event | Price factor | What happened |
|---|---|---|---|
| 10 Sep 2009 | Price 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
- 506170
- ISIN
- INE546E01016
- Website
- www.hiranorgochem.com
- CIN
- L51900MH1983PLC029596
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1983
- Registered office
- Unit No. 908, Ijmima-Immitation Jewellery, 9th Floor, Off. Link Road, Malad (West), Mumbai 400064, Maharashtra
- Share registrar
- Bigshare Services Pvt. Ltd
- Keeps the register of shareholders and handles transfers and dividend payments