Indo-Global Enterprises (Delisted) share price

BSE: 539433Realty

Indo-Global Enterprises Limited · Face value ₹10 · Listed Oct 2015

Last traded ₹16.00 on 28 Nov 2022

Delisted on 18 Nov 2024.

Last announcements

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

Share price history

Daily closes since Nov 2015, adjusted for splits and bonuses

Daily close, ₹ per share

Results for the quarter to Sep 2021

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

Net profit
−₹0.06 Cr
Earnings per share
−₹0.10

From revenue to net profit, ₹ crore

  1. Finance costs0.0
  2. Profit before tax−0.1
  3. Net profit−0.1

Indo-Global Enterprises results by quarter

Standalone: the listed company alone, without its subsidiaries. Latest quarter to Sep 2021. Results for the quarter to Dec 2021 were due by 14 Feb 2022, 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
0−0.3Dec 180−0.3Mar 190−0.3Jun 1900.0Sep 1900.0Dec 190−0.1Mar 200−0.1Jun 200−0.1Sep 200−0.1Dec 200−0.1Mar 210−0.1Jun 21−0.1Sep 21
Peak revenue ₹0.00 Cr, quarter to Dec 2018A loss in 12 of the 12 quarters shown

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
₹ croreDec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Q1Sep 2018Dec 2018Q3Filed 13 FebMar 2019Jun 2019Q1Sep 2019Dec 2019Q3Mar 2020Jun 2020Q1Sep 2020Dec 2020worked outMar 2021Jun 2021Q1Filed 1 NovSep 2021
Revenue from operations–0.65–0.30–0.000.000.000.000.000.000.000.000.000.000.000.000.000.00–
–0.30–––0.020.040.080.020.400.050.020.040.030.020.020.010.040.07–
Materials and goods bought–0.16–0.30–0.000.000.000.000.000.000.000.000.000.000.000.000.000.00–
Employee costs–0.01–––0.010.010.010.010.010.010.010.020.010.010.010.000.000.00–
Other expenses–0.13–––0.020.030.060.010.390.040.010.030.020.010.010.010.040.07–
Operating profit before depreciation–0.35–––−0.02−0.04−0.08−0.02−0.40−0.05−0.02−0.04−0.03−0.02−0.02−0.01−0.04−0.07–
Operating margin–54.4%––––––––––––––––––
Depreciation and amortisation–0.00–––0.000.000.000.000.000.000.000.000.000.000.000.000.000.00–
Other income–0.06–––0.000.000.000.000.120.000.000.000.000.000.000.000.000.04–
Finance costs0.090.070.03––0.000.000.060.000.030.020.000.000.040.040.040.040.040.040.04
One-off items–––––0.000.000.000.000.000.000.000.000.000.000.000.000.000.00–
Profit before tax−0.100.35−0.09−0.01−0.02−0.02−0.04−0.14−0.02−0.31−0.08−0.02−0.04−0.07−0.06−0.06−0.05−0.08−0.07−0.06
–0.09−0.03––0.000.000.270.290.000.200.000.000.000.000.000.000.000.00–
Tax rate–25.1%––––––––––––––––––
Net profit−0.100.26−0.06−0.01−0.02−0.02−0.04−0.41−0.32−0.31−0.28−0.02−0.04−0.07−0.06−0.06−0.05−0.08−0.07−0.06
Net margin–39.9%–−3.7%––––––––––––––––
Earnings per share–₹0.41−₹0.10−₹0.02−₹0.04−₹0.03−₹0.06−₹0.65−₹0.50−₹0.49−₹0.44−₹0.03−₹0.07−₹0.12−₹0.09−₹0.09−₹0.08−₹0.12−₹0.22−₹0.10
Earnings per share in rupees, restated for later splits and bonuses.

6 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
8.90.6Mar 162.40.3Mar 170.3−0.10.0Mar 180−0.80.0Mar 190−0.40.2Mar 200−0.20.3Mar 21
Peak revenue ₹8.94 Cr, year to Mar 2016; lowest ₹0.00 Cr, year to Mar 2019A loss in 4 of the 6 years shown

Operating and net margin, per cent

  • Operating margin
  • Net margin
27.8%−41.2%27.8%−41.2%6.8%10.9%−27.4%Mar 16Mar 17Mar 18Mar 19Mar 20Mar 21

Results for the year to Mar 2021

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

From revenue to net profit

  1. Revenue0.0
  2. Employee costs0.0
  3. Other expenses−0.1
  4. Operating profit−0.1
  5. Depreciation0.0
  6. Other income0.0
  7. One-off items0.0
  8. Finance costs−0.2
  9. Profit before tax−0.2
  10. Tax0.0
  11. Net profit−0.2

What the company owns

  • Plant, investments and other assets₹8 Cr
  • Cash and bank₹0 Cr

What pays for it: net worth and liabilities

  • Net worth₹7 Cr
  • Other liabilities₹1 Cr
  • Borrowings₹0 Cr
  • Owed to suppliers₹0 Cr

Profit and loss

Standalone, ₹ crore, years to March.

₹ croreMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue from operations8.942.360.300.000.000.00
–1.700.420.520.150.09
Materials and goods bought8.481.480.300.000.000.00
Employee costs–0.020.020.040.050.01
Other expenses–0.200.100.480.100.07
Operating profit before depreciation–0.66−0.12−0.52−0.15−0.09
Operating margin–27.8%−41.2%–––
Materials, % of revenue–62.7%100.0%–––
Employee costs, % of revenue–1.0%7.0%–––
Other expenses, % of revenue–8.4%34.3%–––
Depreciation and amortisation–0.000.000.000.000.00
Operating profit after depreciation–0.65−0.12−0.52−0.15−0.09
Other income–0.060.000.120.000.00
Finance costs0.020.320.030.090.070.16
One-off items––0.000.000.000.00
Profit before tax0.890.39−0.15−0.50−0.22−0.24
0.280.14−0.060.290.200.00
Net profit0.610.26−0.08−0.79−0.42−0.24
Net margin6.8%10.9%−27.4%–––
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 depreciation, which operating profit is worked out from, so operating profit is not given.

Balance sheet

Standalone, ₹ crore, at 31 March.

₹ croreMar 2018Mar 2019Mar 2020Mar 2021
8.287.497.076.83
Share capital6.376.376.376.37
Reserves1.911.120.700.46
Borrowings0.000.000.240.26
1.501.620.690.94
Liabilities due after a year0.000.000.240.26
Total assets9.789.118.008.03
0.059.117.998.03
9.720.000.000.00
Net debt−0.010.000.230.26
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 2016 and Mar 2017, so its lines and the ratios worked from it are blank there.

Cash flow

Standalone, ₹ crore, years to March.

₹ croreMar 2021
0.00
0.24
Payables0.06
Other working capital0.18
Capital spending0.00
Free cash flow0.00
Cash from investing0.00
Cash from financing0.00
Dividends paid0.00
Shares bought back0.00
Shares issued0.00
Net change in cash0.00
Capital spending is part of cash from investing, and dividends paid, shares bought back and shares issued are part of cash from financing. Each is shown as an amount on a line of its own, and the section's other items are in its total only. No cash flow statement is on record for the years to Mar 2016, Mar 2017, Mar 2018, Mar 2019 and Mar 2020.

Per share

Standalone, ₹ per share, years to March.

₹ per shareMar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Earnings per share₹0.04−₹0.13−₹1.24−₹0.66−₹0.38
Diluted earnings per share–−₹0.13−₹1.24−₹0.66−₹0.38
Book value per share–₹13.00₹11.75₹11.10₹10.72

Ratios

Standalone, years to March.

RatioMar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue growth−73.6%−87.4%−100.0%––
Net profit growth−58.1%––––
Return on equity–−1.0%–––
Return on capital employed–−1.5%−7.0%−2.0%−1.2%
Interest cover2.0––––
Debt to equity–0.000.000.030.04
Receivable days–460–––
Inventory days–00––
Payable days–17474,548––
Cash conversion cycle, days–287–––
Working capital days–10,126–––
Asset turnover–0.030.000.000.00
Assets per rupee of net worth–1.181.201.181.15
Interest cover is left blank for the years to Mar 2018, Mar 2019, Mar 2020 and Mar 2021: operating profit after depreciation is a loss, and a loss covers no interest bill. No balance sheet is on record for the years to Mar 2016 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 2021.

Return on assets, latest year
−3.0%
Measure5 years3 years
Return on capital employed, average−2.9%−3.4%
Asset turnover, average0.010.00
Debt to equity, average0.020.02

Where the cash came from and went

Standalone: the listed company alone, without its subsidiaries. ₹ crore, added up over each window, which ends with the year to Mar 2021.

₹ croreLatest year
Cash from operations0.00
Cash from investing0.00
Cash from financing0.00
Capital spending0.00
Dividends paid0.00
Shares bought back0.00
Shares issued for cash0.00
Borrowings raised0.00
Borrowings repaid0.00

Accounting checks

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

CheckMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Altman Z-scorePublished threshold 1.1––11.883.787.615.30
Profit not backed by cash, % of assetsPublished threshold 10 per cent of average total assets–––––−3.03
Receivables growth less revenue growthOur threshold 0 percentage points–––0.00––
Inventory growth less cost-of-goods growthOur threshold 0 percentage points–––−0.11––
Effective tax ratePublished threshold 17.16 per cent31.5834.86––––
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 2021 the company reports one business segment, Real Estate, which carries all its revenue.

Indo-Global Enterprises share price by year

Each calendar year to 2022.

YearClose at year endChangeHighest closeLowest close
202216.00−13.3%18.459.11
202118.45−4.9%18.4518.45
202019.40−4.9%20.4019.40
201920.400.0%20.4020.40
201720.40+6.8%21.7019.00
201619.10+52.8%20.0013.12
201512.50–12.5012.50
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2020 is from its first session, 21 Jul 2020. 2019 is from its first session, 15 May 2019. 2016 is from its first session, 23 Sep 2016. 2015 is from its first session, 4 Nov 2015. The change in 2019 is on the close at the end of 2017, the last year before it with a trade. The close is the year's last trade for 2022 (28 Nov 2022), 2021 (5 Jan 2021), 2019 (10 Oct 2019), 2017 (29 Aug 2017), 2016 (5 Dec 2016) and 2015 (4 Nov 2015).

Recent sessions

The 10 trading days to 28 Nov 2022, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
28 Nov 202216.0016.0016.0016.0016.001,26,500
21 Nov 202216.7516.8016.3016.8016.793,69,499
14 Nov 202215.7516.1515.6016.1516.1310,771
7 Nov 202215.5015.5015.4515.4515.457,100
31 Oct 202215.0615.0615.0615.0615.061,228
24 Oct 202214.3514.3814.0514.3514.3510,200
17 Oct 202213.7013.7013.7013.7013.7015
10 Oct 202213.0513.0513.0513.0513.0550
3 Oct 202212.0512.4512.0512.4512.411,000
26 Sep 202211.4511.8611.4511.8611.684,100
Prices in ₹ per share as traded, not adjusted.

Company details

BSE code
539433
ISIN
INE400S01016
Industry
Realty
CIN
L70102GJ1985PLC007814
Corporate identity number, the registrar of companies' code for it
Incorporated
1985
Registered office
Block - D-904, Richmond Grand,, Nr. Torrent Power S.S., 100 Ft. Rd,, Makarba, Ahmedabad 380051, Gujarat
Share registrar
Satellite Corporate Services Pvt Ltd
Keeps the register of shareholders and handles transfers and dividend payments