IKF Technologies (Delisted) share price

BSE: 532414IT - Software

IKF Technologies Ltd. · Face value ₹1 · Listed Mar 2001

Last traded ₹0.27 on 4 Feb 2019

Delisted on 20 Jun 2023.

Last announcements

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

  1. Mar 2023

    • 17 Mar · Board meeting

      Meeting on 20 Mar 2023
  2. Nov 2022

    • 18 Nov · Board meeting

      Meeting on 21 Nov 2022
  3. Apr 2022

    • 26 Apr · Board meeting

      Meeting on 2 May 2022
  4. Nov 2021

  5. Jul 2021

Share price history

Daily closes since Jun 2014, adjusted for splits and bonuses. Earlier closes are left out: on 13 Jun 2014 the price changed in a way no corporate action on record explains.

Daily close, ₹ per share

Q3 results, quarter to Dec 2019

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

Revenue
₹2.82 Cr+7.6% on a year ago · +20.6% on the quarter before
Operating profit
₹0.29 Cr−42.6% on a year ago
Net profit
₹0.19 Cr
Earnings per share
₹0.00
Operating margin
10.4%
Net margin
6.8%

From revenue to net profit, ₹ crore

  1. Revenue2.8
  2. Materials and goods−1.4
  3. Employee costs−0.5
  4. Other expenses−0.7
  5. Operating profit0.3
  6. Depreciation0.0
  7. Other income0.0
  8. Finance costs−0.1
  9. Profit before tax0.2
  10. Tax0.0
  11. Net profit0.2

IKF Technologies results by quarter

Standalone: the listed company alone, without its subsidiaries. Latest quarter to Dec 2019. Results for the quarter to Mar 2020 were due by 30 May 2020, 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
6.1−4.1Mar 17200.2Jun 174.0−0.4Sep 17130.4Dec 172.50.1Mar 186.60.4Jun 182.10.6Sep 182.6−0.1Dec 182.9−0.8Mar 192.50.4Jun 192.3−0.7Sep 192.80.2Dec 19
Back to profit in the quarter to Dec 2019, ₹0.19 CrA loss in 5 of the 12 quarters shown

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
40.9%−67.2%7.6%5.6%7.5%9.9%27.2%16.4%40.9%19.4%−28.4%4.7%−20.7%10.4%−67.2%1.1%−9.7%2.7%2.7%5.3%−5.5%−27.6%17.2%−29.5%6.8%Mar 17Sep 17Mar 18Sep 18Mar 19Sep 19Dec 19
₹ croreMar 2015Jun 2015Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Q1Sep 2018Dec 2018Q3Mar 2019Jun 2019Q1Sep 2019Dec 2019Q3
Revenue from operations16.311.116.615.917.914.819.717.16.120.44.013.22.56.62.12.62.92.52.32.8
––15.714.216.312.917.915.15.619.33.711.91.95.51.22.13.72.42.82.5
Materials and goods bought9.95.010.58.59.57.513.410.40.615.00.97.31.14.40.11.22.81.61.61.4
Employee costs––2.93.43.72.92.22.42.22.2–2.40.10.30.40.40.40.40.50.5
Other expenses––2.22.33.22.52.22.22.92.1–2.10.70.80.70.50.50.40.80.7
Operating profit before depreciation––0.91.61.61.91.82.00.51.20.31.30.71.10.80.5−0.80.1−0.50.3
Operating margin––5.4%10.2%9.0%12.7%9.1%11.7%7.6%5.6%7.5%9.9%27.2%16.4%40.9%19.4%−28.4%4.7%−20.7%10.4%
Depreciation and amortisation––0.61.11.51.41.41.41.40.60.60.70.70.70.60.5−0.60.20.40.0
Other income0.10.10.10.10.40.20.20.10.70.10.30.10.40.10.00.00.80.60.30.0
Finance costs0.10.20.20.30.20.30.30.30.30.30.30.40.30.30.30.20.20.20.20.1
One-off items–––––––––––––0.00.00.00.00.00.00.0
Profit before tax0.50.40.20.30.30.40.30.4−0.60.2−0.40.40.20.10.0−0.10.40.4−0.70.2
––––––––3.5–––0.1−0.20.10.01.10.00.00.0
Tax rate––––––––––––56.7%−154.3%960.0%–318.4%0.0%–0.0%
Profit from discontinued businesses––––––––––––––0.7–––––
Net profit0.50.40.20.30.30.40.30.4−4.10.2−0.40.40.10.40.6−0.1−0.80.4−0.70.2
Other comprehensive income–––––––––––––0.0−1.9−1.20.00.00.00.0
Total comprehensive income–––––––––––––0.4−1.4−1.3−0.80.4−0.70.2
Net margin3.3%3.5%1.4%1.8%1.6%2.6%1.3%2.1%−67.2%1.1%−9.7%2.7%2.7%5.3%–−5.5%−27.6%17.2%−29.5%6.8%
Earnings per share₹0.01––₹0.01₹0.01–––−₹0.10₹0.01−₹0.01₹0.01₹0.00₹0.01₹0.01₹0.00–₹0.02−₹0.02₹0.00
Earnings per share in rupees, restated for later splits and bonuses. Net margin is left blank for Sep 2018: the profit includes the result of a business the company has discontinued, which the revenue does not, so the two make no margin.

The quarters either side of a change of basis do not compare. From the quarter to Sep 2018, the company reports a discontinued business.

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
545.2Mar 10605.6Mar 11340.4Mar 12400.7Mar 13440.9Mar 14471.1Mar 15610.7Mar 1658−3.1Mar 17400.3Mar 18140.05.2Mar 19
Peak revenue ₹61 Cr, year to Mar 2016; lowest ₹14 Cr, year to Mar 2019A loss in the year to Mar 2019, −₹0.03 Cr

Operating and net margin, per cent

  • Operating margin
  • Net margin
11.5%−5.4%11.0%10.7%8.0%10.6%8.6%11.5%9.7%9.3%1.2%1.7%2.0%2.4%1.2%−5.4%0.7%−0.2%Mar 10Mar 12Mar 14Mar 16Mar 18Mar 19

Results for the year to Mar 2019

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

From revenue to net profit

  1. Revenue14
  2. Materials and goods−8.4
  3. Employee costs−1.5
  4. Other expenses−2.6
  5. Operating profit1.6
  6. Depreciation−1.1
  7. Other income+0.9
  8. One-off items0.0
  9. Finance costs−1.0
  10. Profit before tax0.4
  11. Tax−0.4
  12. Net profit0.0

What the company owns

  • Plant, investments and other assets₹136 Cr
  • Receivables₹92 Cr
  • Current investments₹1 Cr
  • Cash and bank₹0 Cr

What pays for it: net worth and liabilities

  • Net worth₹133 Cr
  • Other liabilities₹88 Cr
  • Borrowings₹5 Cr
  • Owed to suppliers₹5 Cr

Profit and loss

Standalone, ₹ crore, years to March. The last column is the twelve months to Dec 2019, the latest four quarters added.

₹ croreMar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Dec 2019Twelve months
Revenue from operations53.960.234.140.244.347.161.557.640.114.210.6
–––35.839.6–56.551.536.712.511.4
Materials and goods bought–––11.615.921.133.531.824.38.47.4
Employee costs–––10.012.2–13.09.86.41.51.7
Other expenses–––14.311.5–10.09.96.02.62.4
Operating profit before depreciation–––4.44.7–4.96.13.41.6−0.9
Operating margin–––11.0%10.7%–8.0%10.6%8.6%11.5%−8.4%
Materials, % of revenue–––28.9%35.9%–54.5%55.3%60.5%59.5%69.8%
Employee costs, % of revenue–––24.9%27.5%–21.2%17.0%16.0%10.4%16.2%
Other expenses, % of revenue–––35.5%25.9%–16.2%17.1%14.9%18.5%22.3%
Depreciation and amortisation2.82.23.53.53.8–3.55.62.71.1−0.1
Operating profit after depreciation–––0.90.9–1.40.50.80.5−0.8
Other income2.02.20.50.30.50.30.61.20.90.91.8
Finance costs–––0.10.30.50.81.31.31.00.7
One-off items–––––––––0.00.0
Profit before tax6.46.60.81.01.11.21.20.40.40.40.3
1.11.00.40.30.20.00.43.50.10.41.1
Net profit5.25.60.40.70.91.10.7−3.10.30.0−0.8
Net margin9.7%9.3%1.2%1.7%2.0%2.4%1.2%−5.4%0.7%−0.2%−8.0%
Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the years to Mar 2010, Mar 2011 and Mar 2012: the statement does not state its finance costs, 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 2015: 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.

₹ croreMar 2019
133
Share capital43
Reserves90
5
38
60
Total assets230
126
104
Net debt4
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 2016, 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 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
–––––₹0.03₹0.02−₹0.07₹0.01–
As stated that year₹0.13₹0.13–₹0.02₹0.02₹0.03₹0.02−₹0.07₹0.01–
–––––₹0.03₹0.02−₹0.07₹0.01–
Market cap at the year end (₹ crore)17295–––2534–––
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. As stated that year and earnings per share are left blank for the year to Mar 2019: the earnings per share stated has the opposite sign to the profit stated beside it, so it is not shown.

Ratios

Standalone, years to March.

RatioMar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue growth11.6%11.7%−43.3%17.8%10.2%6.3%30.5%−6.3%−30.3%−64.7%
Operating profit growth––––7.1%––23.8%−43.6%−52.7%
Net profit growth29.2%7.0%−92.4%63.9%25.9%30.7%−34.8%–––
Earnings per share growth––––––−37.0%–––
Return on equity–––––––––0.0%
Return on capital employed–––––––––0.4%
Interest cover–––8.93.2–1.80.40.60.5
Debt to equity–––––––––0.04
Receivable days–––––––––2,381
Inventory days–––––––––0
Payable days–––––––––197
Cash conversion cycle, days–––––––––2,184
Working capital days–––––––––1,744
Asset turnover–––––––––0.06
Assets per rupee of net worth–––––––––1.73
Sales per rupee of plant–––––––––3.33
Plant being built, % of plant in use–––––––––981.5%
No balance sheet is on record for the years to Mar 2010, Mar 2011, Mar 2012, Mar 2013, Mar 2014, Mar 2015, Mar 2016, 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
0.0%
Measure10 years5 years3 years
Revenue growth, yearly rate−11.5%−20.4%−38.7%
Operating margin, average–9.7%10.2%
Net margin, average2.3%−0.3%−1.6%
Interest cover, average–0.80.5

Accounting checks

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

CheckMar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Altman Z-scorePublished threshold 1.1–––––––––4.62
Effective tax ratePublished threshold 17.16 per cent17.9615.2448.9830.9120.810.7837.42810.5725.98107.45
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 2019 the company reports one business segment, IT/ITES, which carries all its revenue.

IKF Technologies share price by year

Each calendar year to 2019.

YearClose at year endChangeHighest closeLowest close
20190.27−12.9%0.310.27
20180.31−51.6%1.190.31
20170.64−17.9%0.830.55
20160.78−4.9%1.310.64
20150.82−6.8%1.090.55
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. The close is the year's last trade for 2019 (4 Feb 2019) and 2017 (4 Dec 2017).

Recent sessions

The 10 trading days to 4 Feb 2019, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
4 Feb 20190.280.280.270.270.27600
7 Jan 20190.280.280.280.280.2839,650
4 Jan 20190.310.310.290.290.301,07,663
3 Jan 20190.310.320.300.300.3081,603
2 Jan 20190.310.320.300.310.3173,110
1 Jan 20190.310.320.300.310.3135,382
31 Dec 20180.320.330.310.310.3269,045
28 Dec 20180.310.330.310.320.3248,881
27 Dec 20180.330.340.320.320.3349,213
26 Dec 20180.330.330.330.330.3311,450
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
13 Jun 2014Price 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
532414
ISIN
INE052C01027
Industry
IT - Software
CIN
L72200WB2000PLC111253
Corporate identity number, the registrar of companies' code for it
Incorporated
2000
Registered office
3rd Floor, Plot J-1/12, Salt Lake, Sector-V, Block EP & GP, Kolkata 700091, West Bengal
Share registrar
Bigshare Services Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments