IAG Company (Delisted) share price
BSE: 502241
IAG Company 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 Nov 1979
Last traded ₹4.59 on 19 Apr 2012
Delisted on 21 Aug 2018.
Last announcements
The company's own last announcements before its shares stopped trading, routine notices left out.
Oct 2018
1 Oct · Meeting
Aug 2018
24 Aug · Announcement under Regulation 30 (LODR)-Meeting Updates
Jul 2018
27 Jul · Statement Of Investor Complaints For The Quarter Ended June 2018
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter 0 0 0 027 Jul · Statement Of Investor Complaints For The Quarter Ended June 2018
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter 0 0 0 017 Jul · Shareholding for the Period Ended June 30, 2018
Shareholding Pattern for the Period Ended June 30, 2018. For more details, kindly Click ....
Results for the quarter to Dec 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
- −₹4.95 Cr
From revenue to net profit, ₹ crore
- Finance costs−4.9
- Profit before tax−4.9
- Net profit−4.9
IAG Company results by quarter
Standalone: the listed company alone, without its subsidiaries. Latest quarter to Dec 2016. Results for the quarter to Mar 2017 were due by 30 May 2017, 60 days after it ends. Every company's dates are on the results calendar.
Revenue and net profit by quarter, ₹ crore
- Revenue
- Net profit
- Loss
A loss in 3 of the 3 quarters with results on record
Operating and net margin by quarter, per cent
- Operating margin
- Net margin
| ₹ crore | Sep 2013 | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 0.1 | 2.5 | – | – | – | – | – | – | – | – | – | 0.2 | – | – |
| 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 | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| 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 | – | – | – | – | – | – | – | – | – | – | – | 0.0 | – | – |
| 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 | 0.0 | 0.4 | – | – | – | – | – | – | – | – | – | 0.3 | – | – |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. Finance costs in the glossary | 3.3 | 3.4 | – | – | – | – | – | – | – | – | – | 4.9 | 4.9 | 4.9 |
| 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 | −4.0 | −10.4 | – | – | – | – | – | – | – | – | – | −5.4 | −4.9 | −4.9 |
| 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 | 0.0 | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Profit before tax | −4.1 | −10.4 | – | – | – | – | – | – | – | – | – | −5.4 | −4.9 | −4.9 |
| Net profit | −4.1 | −10.4 | – | – | – | – | – | – | – | – | – | −5.4 | −4.9 | −4.9 |
| Net margin | −5,444.0% | −408.0% | – | – | – | – | – | – | – | – | – | −2,692.5% | – | – |
Earnings per share in rupees, restated for later splits and bonuses. No results on record for the quarters to Mar 2012, Jun 2012, Sep 2012, Dec 2012, Mar 2013, Jun 2013, Mar 2014, Jun 2014, Sep 2014, Dec 2014, Mar 2015, Jun 2015, Sep 2015, Dec 2015 and 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
Peak revenue ₹100 Cr, year to Mar 2010; lowest ₹0.00 Cr, year to Mar 2018A loss in 2 of the 4 years with results on record
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
Results for the year to Mar 2018
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
From revenue to net profit
- Revenue0.0
- Employee costs0.0
- Other expenses−0.1
- Operating profit−0.2
- Depreciation0.0
- Other income0.0
- One-off items+0.3
- Finance costs−14
- Profit before tax−13
- Tax0.0
- Net profit−13
What the company owns
- Plant, investments and other assets₹104 Cr
- Receivables₹21 Cr
- Inventory₹11 Cr
- Cash and bank₹0 Cr
What pays for it: net worth and liabilities
- Borrowings₹83 Cr
- Owed to suppliers₹45 Cr
- Other liabilities₹8 Cr
Profit and loss
Standalone, ₹ crore, years to March. No results on record for the years to Mar 2011, Mar 2012, Mar 2013, Mar 2014, Mar 2015 and Mar 2016.
| ₹ crore | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 11 | 100 | – | – | – | – | – | – | 0 | 0 |
| 25 | 91 | – | – | – | – | – | – | – | 0 | |
| Materials and goods bought | 0 | 63 | – | – | – | – | – | – | – | 0 |
| Employee costsEmployee costs. Salaries, wages, bonuses and other benefits paid to staff in the period. Employee costs in the glossary | – | – | – | – | – | – | – | – | – | 0 |
| Other expensesOther expenses. Every operating cost besides materials and staff: power, rent, freight, repairs, marketing and the like. Other expenses in the glossary | – | – | – | – | – | – | – | – | – | 0 |
| 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 | −14 | 10 | – | – | – | – | – | – | – | 0 |
| Operating margin | −124.7% | 9.5% | – | – | – | – | – | – | – | – |
| 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 | 2 | 3 | – | – | – | – | – | – | – | 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 | −16 | 6 | – | – | – | – | – | – | – | 0 |
| Other income | 8 | 0 | – | – | – | – | – | – | 0 | 0 |
| Finance costs | 1 | 4 | – | – | – | – | – | – | 19 | 14 |
| Profit before one-off items and tax | −9 | 2 | – | – | – | – | – | – | −20 | −14 |
| One-off items | 16 | 0 | – | – | – | – | – | – | – | 0 |
| Profit before tax | 8 | 2 | – | – | – | – | – | – | −20 | −13 |
| Tax | – | 1 | – | – | – | – | – | – | – | 0 |
| Net profit | 8 | 1 | – | – | – | – | – | – | −20 | −13 |
| Net margin | 70.0% | 1.1% | – | – | – | – | – | – | −10,057.7% | – |
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the years to 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 Mar 2017: the statement does not state its depreciation, which operating profit is worked out from, so operating profit is not given.
Balance sheet
Standalone, ₹ crore, at 31 March.
| ₹ crore | Mar 2018 |
|---|---|
| Net worth. What the company owns less everything it owes: the money shareholders have in the business, paid in and kept from profits. Net worth in the glossary | −111 |
| Share capitalShare capital. The face value of all the shares the company has issued. Share capital in the glossary | 13 |
| ReservesReserves. The rest of the shareholders' net worth: profits kept in the business over the years, and money paid for shares above their face value. Reserves in the glossary | −124 |
| Borrowings. Loans, bonds and other money the company has borrowed and must repay with interest. Borrowings in the glossary | 83 |
| Liabilities due within a year. Everything the company must pay within twelve months: borrowings falling due, suppliers, and other dues and provisions. Liabilities due within a year in the glossary | 223 |
| Liabilities due after a year. Everything the company owes that falls due more than twelve months on, borrowings among it. Liabilities due after a year in the glossary | 25 |
| Total assetsTotal assets. Everything the company owns or controls: plant, investments, stock, money owed by customers and cash. Total assets in the glossary | 136 |
| Assets held for longer than a year. Everything the company owns that it does not expect to turn into cash within twelve months: plant, intangibles, long-term investments, loans given and the like. Assets held for longer than a year in the glossary | 80 |
| Assets turning to cash within a year. Everything the company expects to turn into cash or use up within twelve months: stock, money owed by customers, cash and short-term investments. Assets turning to cash within a year in the glossary | 56 |
| Net debtNet debt. Borrowings less cash, other bank balances and current investments: what the company would still owe if it used its cash to repay. Net debt in the glossary | 83 |
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 2009, Mar 2010 and Mar 2017, so its lines and the ratios worked from it are blank there.
Ratios
Standalone, years to March.
| Ratio | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 1,025.9% | 809.7% | – | – | – | – | – | – | – | −100.0% |
| Net profit growthNet profit growth. This year's net profit less last year's, divided by last year's, times 100; blank where last year's is not above nought. Net profit growth in the glossary | – | −85.5% | – | – | – | – | – | – | – | – |
| 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 | – | 1.5 | – | – | – | – | – | – | – | – |
| Asset turnoverAsset turnover. Revenue divided by average total assets: rupees of sales for each rupee of assets. Asset turnover in the glossary | – | – | – | – | – | – | – | – | – | 0.00 |
| Assets per rupee of net worthAssets per rupee of net worth. Average total assets divided by average net worth: how far borrowings and other liabilities stretch the shareholders' money. Assets per rupee of net worth in the glossary | – | – | – | – | – | – | – | – | – | −1.22 |
| Sales per rupee of plantSales per rupee of plant. Revenue divided by the net block: rupees of sales for each rupee of plant in use. Sales per rupee of plant in the glossary | – | – | – | – | – | – | – | – | – | 0.00 |
| Plant being built, % of plant in useCapital work in progress, % of net block. Plant still being built as a percentage of the plant in use. Capital work in progress, % of net block in the glossary | – | – | – | – | – | – | – | – | – | 15.0% |
Interest cover is left blank for the years to Mar 2009 and Mar 2018: operating profit after depreciation is a loss, and a loss covers no interest bill. Debt to equity is left blank for the year to Mar 2018: 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 2018: 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 2009, Mar 2010 and Mar 2017, 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 2018.
- Return on assets, latest yearReturn on assets, latest year. Profit to the company's own shareholders in the latest year ÷ the average of that year's opening and closing total assets × 100; empty for a bank, a lender or an insurer, whose own return on assets is shown with its accounts.
- −9.9%
Accounting checks
Standalone, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.
| Check | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Altman Z-scoreAltman Z-score. Working capital, reserves, operating profit, market value and sales, each over total assets, weighted and added: a published measure of financial strain. Altman Z-score in the glossaryPublished threshold 1.1 | – | – | – | – | – | – | – | – | −11.48 |
| 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 | 40.45 | – | – | – | – | – | – | – | – |
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 2018 the company reports one business segment, GLASS, which carries all its revenue.
Recent sessions
The 10 trading days to 19 Apr 2012, as traded on BSE.
| Date | Open | High | Low | Close | Average price | Volume |
|---|---|---|---|---|---|---|
| 19 Apr 2012 | 4.68 | 4.68 | 4.26 | 4.59 | 4.48 | 2,702 |
| 18 Apr 2012 | 4.49 | 4.49 | 4.48 | 4.48 | 4.49 | 150 |
| 16 Apr 2012 | 4.27 | 4.28 | 4.27 | 4.28 | 4.27 | 100 |
| 13 Apr 2012 | 4.04 | 4.08 | 4.04 | 4.08 | 4.07 | 1,687 |
| 12 Apr 2012 | 3.89 | 3.90 | 3.67 | 3.89 | 3.88 | 5,550 |
| 11 Apr 2012 | 3.71 | 3.72 | 3.65 | 3.72 | 3.71 | 1,600 |
| 10 Apr 2012 | 3.89 | 3.89 | 3.54 | 3.55 | 3.68 | 7,756 |
| 9 Apr 2012 | 3.42 | 3.72 | 3.41 | 3.72 | 3.44 | 1,665 |
| 4 Apr 2012 | 3.70 | 3.70 | 3.58 | 3.58 | 3.61 | 3,285 |
| 3 Apr 2012 | 3.76 | 4.14 | 3.76 | 3.76 | 3.79 | 4,947 |
Prices in ₹ per share as traded, not adjusted.
Company details
- BSE code
- 502241
- ISIN
- INE831D01014
- Website
- www.iagcompany.in
- CIN
- L26101WB1956PLC023174
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1956
- Registered office
- 30, C.R. Avenue, 4th Floor, Kolkata 700012, West Bengal
- Share registrar
- C B Management Services Pvt. Ltd
- Keeps the register of shareholders and handles transfers and dividend payments