IVRCL Assets & Holdings (Delisted) share price
BSE: 532881
IVRCL Assets & Holdings Limited · Formerly IVR Prime Urban Developers · 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 Aug 2007
Last traded ₹37.75 on 14 Aug 2012
Delisted on 12 Oct 2012.
Last announcements
The company's own last announcements before its shares stopped trading, routine notices left out.
Aug 2012
9 Aug · Suspension of trading in equity shares
Members of the Exchange are hereby informed that the trading in equity shares of IVRCL Assets & Holdings Limited shall be suspended w.e.f. August 16, 2012 (i.e. closing hours of trading on August 14, 2012) on account of Scheme of Amalgamation with IVRCL Limited.
Jul 2012
May 2012
Results for the quarter to Mar 2012
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
- RevenueRevenue from operations. Money earned from selling the company's goods and services in the period. Revenue from operations in the glossary
- ₹227 Cr−40.0% on the quarter beforeChange on a year ago and on the quarter before. The change against the same quarter a year before: (this quarter's figure less that quarter's) divided by that quarter's, times 100. The change on the quarter before is the same sum against the quarter just before, taken as this quarter's results restate it where the company restated it: this quarter's year to date less this quarter. Left out where either figure is a loss, where the restatement covers two or more earlier quarters without saying which, or across a change of basis named under the table, on the lines it affects.
- Net profitNet profit. What is left of revenue and other income after every cost, interest and tax. Net profit in the glossary
- −₹20 Cr
- 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
- −₹1.04
- Net margin
- −9.0%
From revenue to net profit, ₹ crore
- Revenue227
- Other income+1.1
- Finance costs−31
- Profit before tax−20
- Net profit−20
IVRCL Assets & Holdings results by quarter
Standalone: the listed company alone, without its subsidiaries. Latest quarter to Mar 2012. Results for the quarter to Jun 2012 were due by 14 Aug 2012, 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 ₹379 Cr, quarter to Dec 2011; lowest ₹0.25 Cr, quarter to Jun 2009A loss in 10 of the 10 quarters with results on record
Operating and net margin by quarter, per cent
- Operating margin
- Net margin
| ₹ crore | Sep 2007 | Dec 2007 | Mar 2008 | Jun 2008 | Sep 2008 | Dec 2008 | Mar 2009 | Jun 2009 | Sep 2009 | Dec 2009 | Mar 2010 | Jun 2010 | Sep 2010 | Dec 2010 | Mar 2011 | Jun 2011 | Sep 2011 | Dec 2011 | Mar 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 46 | 296 | 233 | 29 | 37 | 12 | 1 | 0 | 0 | 24 | – | 101 | 132 | 192 | – | 161 | 226 | 379 | 227 |
| Operating expensesOperating 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 | 27 | 149 | 171 | 22 | 27 | 10 | 2 | 1 | 1 | 22 | – | – | – | – | – | – | – | – | – |
| 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 | 19 | 147 | 63 | 6 | 10 | 2 | −1 | −1 | −1 | 2 | – | – | – | – | – | – | – | – | – |
| Operating margin | 41.2% | 49.6% | 26.9% | 21.8% | 27.4% | 17.2% | −79.6% | −391.9% | −274.6% | 9.8% | – | – | – | – | – | – | – | – | – |
| 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 | 0 | 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 | 4 | 7 | 7 | 4 | 1 | 0 | 0 | 0 | 0 | 0 | – | 1 | 0 | 1 | – | 0 | 0 | 0 | 1 |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. Finance costs in the glossary | 1 | 1 | 5 | 1 | 1 | 1 | 3 | 3 | 4 | 4 | – | 10 | 14 | 24 | – | 29 | 32 | 32 | 31 |
| Profit before tax | 22 | 153 | 65 | 8 | 11 | 1 | −4 | −4 | −5 | −2 | – | −7 | −12 | −11 | – | −31 | −77 | −62 | −20 |
| 6 | 37 | 22 | 3 | 4 | 1 | −2 | −1 | 1 | 1 | – | −2 | 3 | 1 | – | – | – | – | – | |
| Current taxCurrent tax. Income tax payable on the period's own taxable profit. Current tax in the glossary | – | 36 | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Deferred taxDeferred tax. Tax charged or credited now that will be paid or saved in later years, because the tax rules count some income and costs in a different year from the accounts. Deferred tax in the glossary | – | 1 | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Tax rateEffective tax rate. Tax charged as a percentage of profit before tax. Effective tax rate in the glossary | 27.3% | 23.9% | 34.8% | 34.6% | 34.5% | 36.0% | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Net profit | 16 | 116 | 42 | 5 | 7 | 1 | −2 | −4 | −6 | −3 | – | −5 | −15 | −11 | – | −31 | −77 | −62 | −20 |
| Net margin | 34.9% | 39.3% | 18.0% | 18.9% | 18.6% | 8.0% | −150.8% | −1,423.0% | −1,804.1% | −11.5% | – | −4.9% | −11.4% | −6.0% | – | −19.5% | −33.9% | −16.5% | −9.0% |
| Earnings per share | – | – | – | – | – | – | – | – | – | −₹0.44 | – | −₹0.27 | −₹0.82 | −₹0.59 | – | – | −₹3.89 | −₹3.17 | −₹1.04 |
Earnings per share in rupees, restated for later splits and bonuses. No results on record for the quarters to Mar 2010 and Mar 2011.
The quarters either side of a change of basis do not compare. From the quarter to Mar 2009, the company's revenue for the year to Mar 2009, ₹75 Cr, differs from its quarters added, ₹79 Cr.
4 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
A loss in 2 of the 4 years shown
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 years either side of a change of basis do not compare. From the year to Mar 2009, the company's revenue for that year, ₹75 Cr, differs from its quarters added, ₹79 Cr.
Results for the year to Mar 2011
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
From revenue to net profit
- Revenue683
- Other income+1.4
- Finance costs−72
- Profit before tax−35
- Tax−12
- Net profit−47
Profit and loss
Standalone, ₹ crore, years to March. The last column is the twelve months to Mar 2012, the latest four quarters added.
| ₹ crore | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012Twelve months |
|---|---|---|---|---|---|
| Revenue from operations | 596 | 75 | 143 | 683 | 992 |
| Operating expenses | 363 | 61 | – | – | – |
| Operating profit before depreciation | 232 | 14 | – | – | – |
| Operating margin | 39.0% | 18.9% | – | – | – |
| Depreciation and amortisation | 1 | 1 | – | – | – |
| Operating profit after depreciationOperating profit after depreciation (EBIT). Operating profit before depreciation, less depreciation and amortisation. Operating profit after depreciation (EBIT) in the glossary | 232 | 13 | – | – | – |
| Other income | 19 | 6 | 2 | 1 | 2 |
| Finance costs | 8 | 5 | 19 | 72 | 124 |
| Profit before tax | 242 | 13 | −9 | −35 | −191 |
| Tax | 66 | 5 | −3 | 12 | – |
| Net profit | 176 | 9 | −6 | −47 | −191 |
| Net margin | 29.5% | 11.4% | −4.5% | −6.8% | −19.2% |
Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the years to Mar 2010 and Mar 2011: the statement does not state its depreciation, which operating profit is worked out from, so operating profit is not given.
Ratios
Standalone, years to March.
| Ratio | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 |
|---|---|---|---|---|
| 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 | – | – | 90.4% | 377.5% |
| 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 | 27.9 | 2.4 | – | – |
Revenue growth, operating profit growth and net profit growth are left blank for the year to Mar 2009: between the two periods the company restated its earlier figures, so the two are on different bases and the change is not worked out.
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 2011.
| Measure | 5 years | 3 years |
|---|---|---|
| Net margin, averageNet margin, average. 3 years: The plain average of the yearly net profit margin over the last three years, needing at least two of them; a year without the figure is left out, never filled in. 5 years: The plain average of the yearly net profit margin over the last five years, needing at least four of them; a year without the figure is left out, never filled in. 10 years: The plain average of the yearly net profit margin over the last ten years, needing at least nine of them; a year without the figure is left out, never filled in. | 7.4% | 0.0% |
Accounting checks
Standalone, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.
| Check | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 |
|---|---|---|---|---|
| Effective tax ratePublished threshold 17.16 per cent | 27.32 | 35.82 | – | – |
A threshold marked as ours has no published figure; it is the line we read the check against.
Where the return came from
Yearly rates to Mar 2011, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −66.1% | – | – | 0.0% |
| 3 years | −30.5% | – | – | 0.0% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E over 1 and 3 years are left empty: the earnings per share stated for one end does not match that year's profit and share count, and no share count is on record to work it out.
Recent sessions
The 10 trading days to 14 Aug 2012, as traded on BSE.
| Date | Open | High | Low | Close | Average price | Volume |
|---|---|---|---|---|---|---|
| 14 Aug 2012 | 37.20 | 38.25 | 37.05 | 37.75 | 37.85 | 55,610 |
| 13 Aug 2012 | 36.10 | 37.90 | 36.10 | 37.45 | 37.05 | 46,053 |
| 10 Aug 2012 | 36.05 | 36.95 | 35.85 | 36.55 | 36.29 | 33,028 |
| 9 Aug 2012 | 37.20 | 38.05 | 36.35 | 36.55 | 37.34 | 16,141 |
| 8 Aug 2012 | 37.30 | 39.00 | 36.60 | 37.05 | 37.62 | 92,780 |
| 7 Aug 2012 | 38.10 | 39.00 | 37.80 | 38.15 | 38.28 | 21,903 |
| 6 Aug 2012 | 38.20 | 39.00 | 37.65 | 38.05 | 38.31 | 95,881 |
| 3 Aug 2012 | 37.70 | 38.00 | 36.05 | 37.95 | 37.69 | 34,918 |
| 2 Aug 2012 | 36.75 | 37.70 | 36.00 | 37.65 | 37.05 | 35,486 |
| 1 Aug 2012 | 35.10 | 36.60 | 35.10 | 36.15 | 36.19 | 7,697 |
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 |
|---|---|---|---|
| 20 May 2010 | Price move | – | Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for. |
| 19 May 2009 | Price move | – | Between two trading sessions the price moved by a fifth or more. The Nifty 500 moved 5% or more the same way over the same sessions. Not adjusted for. |
| 21 Jan 2008 | Price move | – | Between two trading sessions the price moved by a fifth or more. The Nifty 500 moved 5% or more the same way over the same sessions. Not adjusted for. |
Each event is noted and not adjusted for.
Company details
- BSE code
- 532881
- ISIN
- INE414I01018
- Former symbols
- IVRCLAH, IVRPRIME
- Website
- www.ivrprime.com
- CIN
- L70100AP1996PLC024459
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1996
- Registered office
- M - 22/ 3RT, Vijayanagar Colony, Hyderabad 500057, Andhra Pradesh
- Share registrar
- KFin Technologies Ltd
- Keeps the register of shareholders and handles transfers and dividend payments