Innovative Foods (Delisted) share price

BSE: 519210

Innovative Foods Limited · Face value ₹10 · Listed Jun 1993

Last traded ₹33.05 on 8 Jan 2010

Delisted on 18 Jan 2010.

Share price history

Daily closes since Aug 2007, adjusted for splits and bonuses. Earlier closes are left out: on 27 Aug 2007 the price changed in a way no corporate action on record explains.

Daily close, ₹ per share

Results for the quarter to Sep 2009

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

Revenue
₹7.96 Cr+13.8% on a year ago · +8.1% on the quarter before
Operating profit
−₹0.60 Cr
Net profit
−₹1.34 Cr
Operating margin
−7.6%
Net margin
−16.8%

From revenue to net profit, ₹ crore

  1. Revenue8.0
  2. Operating expenses−8.6
  3. Operating profit−0.6
  4. Depreciation−0.3
  5. Other income0.0
  6. Finance costs−0.5
  7. Profit before tax−1.3
  8. Net profit−1.3

Innovative Foods results by quarter

Standalone: the listed company alone, without its subsidiaries. Latest quarter to Sep 2009. Results for the quarter to Dec 2009 were due by 14 Feb 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
5.3−1.0Sep 076.1−1.5Dec 075.8−2.1Mar 086.6−1.0Jun 087.0−1.3Sep 087.4−1.0Dec 086.0−1.5Mar 097.4−1.1Jun 098.0−1.3Sep 09
Peak revenue ₹7.96 Cr, quarter to Sep 2009; lowest ₹5.34 Cr, quarter to Sep 2007A loss in 9 of the 9 quarters shown

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
−1.9%−36.2%−8.3%−16.4%−25.8%−5.0%−8.0%−1.9%−9.0%−5.5%−7.6%−18.0%−25.4%−36.2%−15.9%−18.9%−13.9%−25.4%−14.7%−16.8%Sep 07Mar 08Sep 08Mar 09Sep 09
₹ croreSep 2007Dec 2007Mar 2008Jun 2008Sep 2008Dec 2008Mar 2009Jun 2009Sep 2009
Revenue from operations5.346.115.836.556.997.375.977.367.96
5.787.117.346.887.557.516.517.778.56
Materials and goods bought1.573.203.883.383.193.601.034.364.38
Operating profit before depreciation−0.44−1.00−1.50−0.32−0.56−0.14−0.54−0.41−0.60
Operating margin−8.3%−16.4%−25.8%−5.0%−8.0%−1.9%−9.0%−5.5%−7.6%
Depreciation and amortisation0.350.340.320.330.330.360.280.270.32
Other income0.140.070.060.000.000.000.040.080.04
Finance costs0.300.260.340.380.430.510.480.470.46
Profit before one-off items and tax–––––−1.01−1.26−1.07−1.34
One-off items––––––−0.24––
Profit before tax−0.95−1.53−2.10−1.03−1.31−1.01−1.50−1.07−1.34
Tax0.020.020.010.020.010.020.020.02–
Net profit−0.96−1.55−2.11−1.04−1.32−1.03−1.52−1.08−1.34
Net margin−18.0%−25.4%−36.2%−15.9%−18.9%−13.9%−25.4%−14.7%−16.8%
Earnings per share––−₹1.83––––––
Earnings per share in rupees, restated for later splits and bonuses.

2 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
22−5.5Mar 0827−4.9Mar 09
Peak revenue ₹27 Cr, year to Mar 2009; lowest ₹22 Cr, year to Mar 2008

Operating and net margin, per cent

  • Operating margin
  • Net margin
−5.8%−25.1%−15.5%−5.8%−25.1%−18.2%Mar 08Mar 09

Results for the year to Mar 2009

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

From revenue to net profit

  1. Revenue27
  2. Operating expenses−28
  3. Operating profit−1.6
  4. Depreciation−1.3
  5. Other income0.0
  6. One-off items−0.2
  7. Finance costs−1.8
  8. Profit before tax−4.8
  9. Tax−0.1
  10. Net profit−4.9

Profit and loss

Standalone, ₹ crore, years to March. The last column is the twelve months to Sep 2009, the latest four quarters added.

₹ croreMar 2008Mar 2009Sep 2009Twelve months
Revenue from operations21.926.928.7
25.328.430.3
Materials and goods bought10.82.413.4
Operating profit before depreciation−3.4−1.6−1.7
Operating margin−15.5%−5.8%−5.9%
Depreciation and amortisation1.31.31.2
Operating profit after depreciation−4.7−2.9−2.9
Other income0.30.00.2
Finance costs1.11.81.9
Profit before one-off items and tax–−4.6−4.7
One-off items–−0.2–
Profit before tax−5.5−4.8−4.9
Tax0.10.1–
Net profit−5.5−4.9−5.0
Net margin−25.1%−18.2%−17.3%

Per share

Standalone, ₹ per share, years to March.

₹ per shareMar 2008Mar 2009
Earnings per share−₹4.84–
Market cap at the year end (₹ crore)56.0–

Ratios

Standalone, years to March.

RatioMar 2009
Revenue growth22.5%
Interest cover is left blank for the years to Mar 2008 and Mar 2009: operating profit after depreciation is a loss, and a loss covers no interest bill.

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 2009.

Measure3 years
Operating margin, average−10.6%
Net margin, average−21.7%

Where the return came from

Yearly rates to Mar 2009, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−57.8%––0.0%
Longer windows are left empty: a corporate action or price step on 2007-08-27 that cannot be sized sits inside this window. 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 8 Jan 2010, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
8 Jan 201033.0035.8033.0033.0534.314,646
7 Jan 201033.2034.3033.2034.3033.45511
6 Jan 201035.7035.7033.8533.9033.99505
5 Jan 201034.0035.7032.3535.5035.055,008
4 Jan 201033.4534.2032.6534.0033.932,938
31 Dec 200929.5032.6029.5032.6030.654,841
29 Dec 200931.0531.1031.0531.0531.07280
24 Dec 200930.7530.8030.7530.80–40
23 Dec 200930.6030.6030.6030.6030.60110
22 Dec 200930.9531.8530.9531.8531.64455
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
27 Aug 2007Price 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
519210
ISIN
INE827C01022
Registered office
Amalgam House, Bristow Road, Willingdon Island, Cochin 682003, Kerala
Share registrar
Integrated Enterprises (India) Ltd
Keeps the register of shareholders and handles transfers and dividend payments