Jagson Airlines (Delisted) share price
BSE: 520139Transport Services
Jagson Airlines 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 Jan 1995
Last traded ₹0.74 on 20 Jul 2020
Delisted on 10 Jan 2024.
Last announcements
The company's own last announcements before its shares stopped trading, routine notices left out.
Jan 2021
20 Jan · Shareholding for the Period Ended December 31, 2020
Shareholding Pattern for the Period Ended December 31, 2020. For more details, kindly Click ....7 Jan · Statement Of Investor Complaints For The Quarter Ended December 2020
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 04 Jan · Results
Details of Voting results of AGM, under Regulation 44(3) of SEBI (LODR) Regulations, 2015. Kindly ....4 Jan · Meeting
1 Jan · Meeting
Dec 2020
Results for the quarter to Sep 2020
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
- ₹0.00 Cr
- Operating profitOperating 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
- −₹0.01 Cr
- Net profitNet profit. What is left of revenue and other income after every cost, interest and tax. Net profit in the glossary
- −₹0.02 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
- −₹0.01
From revenue to net profit, ₹ crore
- Revenue0.0
- Employee costs0.0
- Other expenses0.0
- Operating profit0.0
- Depreciation0.0
- Other income0.0
- Finance costs0.0
- Profit before tax0.0
- Tax0.0
- Net profit0.0
Jagson Airlines results by quarter
Standalone: the listed company alone, without its subsidiaries. Latest quarter to Sep 2020. Results for the quarter to Dec 2020 were due by 14 Feb 2021, 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
A loss in 8 of the 8 quarters with results on record
Operating and net margin by quarter, per cent
- Operating margin
- Net margin
| ₹ crore | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018Q1 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020Q1 | Sep 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | – | – | – | – | – | – | – | 0.00 | – | 0.00 | 0.00 | 0.00 | – | 0.00 | – | – | – | 0.00 | 0.00 | 0.00 |
| 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 | – | – | – | – | – | – | – | – | – | – | 0.16 | 0.09 | – | 0.09 | – | – | – | 1.91 | 0.02 | 0.01 |
| 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 | – | – | – | – | – | – | – | – | – | – | 0.00 | 0.00 | – | 0.00 | – | – | – | 0.00 | 0.00 | 0.00 |
| Employee costsEmployee costs. Salaries, wages, bonuses and other benefits paid to staff in the period. Employee costs in the glossary | – | – | – | – | – | – | – | – | – | – | 0.02 | 0.02 | – | 0.03 | – | – | – | 0.00 | 0.00 | 0.00 |
| Other expensesOther expenses. Every operating cost besides materials and staff: power, rent, freight, repairs, marketing and the like. Other expenses in the glossary | – | – | – | – | – | – | – | – | – | – | 0.14 | 0.07 | – | 0.06 | – | – | – | 1.91 | 0.02 | 0.01 |
| Operating profit before depreciation | – | – | – | – | – | – | – | – | – | – | −0.16 | −0.09 | – | −0.09 | – | – | – | −1.91 | −0.02 | −0.01 |
| 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 | 0.15 | 3.90 | 0.15 | 0.15 | 0.15 | 0.43 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | – | 0.00 | – | – | – | 0.00 | 0.00 | 0.00 |
| 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 | – | 0.04 | – | – | – | – | – | 0.00 | – | 0.00 | 0.00 | 0.00 | – | 0.00 | – | – | – | 0.57 | 0.00 | 0.00 |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. Finance costs in the glossary | – | 0.00 | – | – | – | – | – | – | – | – | 0.00 | 0.00 | – | 0.00 | – | – | – | 0.00 | 0.00 | 0.00 |
| 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 | −0.28 | −4.34 | −0.27 | −0.37 | −0.22 | 0.33 | −0.08 | −0.11 | −0.06 | −0.31 | −0.16 | −0.10 | – | −0.09 | – | – | – | −1.34 | −0.03 | −0.02 |
| 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 | – | – | – | – | – | – | – | – | – | – | 0.00 | 0.00 | – | 0.00 | – | – | – | 0.29 | 0.00 | 0.00 |
| Profit before tax | −0.28 | −4.34 | −0.27 | −0.37 | −0.22 | 0.33 | −0.08 | −0.11 | −0.06 | −0.31 | −0.16 | −0.10 | – | −0.09 | – | – | – | −1.05 | −0.03 | −0.02 |
| Tax | – | – | – | – | – | – | – | – | – | – | 0.00 | 0.00 | – | 0.00 | – | – | – | 0.22 | 0.00 | 0.00 |
| Profit from discontinued businessesProfit from discontinued businesses. The profit after tax of businesses the company has sold, demerged or closed, or is about to. It is part of net profit; revenue and the lines above leave those businesses out. Profit from discontinued businesses in the glossary | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | −0.83 | – | – |
| Net profit | −0.28 | −4.34 | −0.27 | −0.37 | −0.22 | 0.33 | −0.08 | −0.11 | −0.06 | −0.31 | −0.16 | −0.10 | – | −0.09 | – | – | – | −2.09 | −0.03 | −0.02 |
| Net margin | – | – | – | – | – | – | – | −11,000.0% | – | −31,000.0% | – | – | – | – | – | – | – | – | – | – |
| Earnings per share | −₹0.14 | −₹1.73 | – | – | – | ₹0.16 | −₹0.04 | −₹0.06 | −₹0.03 | – | −₹0.16 | −₹0.09 | – | −₹0.05 | – | – | – | −₹0.41 | −₹0.03 | −₹0.01 |
Earnings per share in rupees, restated for later splits and bonuses. No results on record for the quarters to Dec 2018, Jun 2019, Sep 2019 and Dec 2019.
The quarters either side of a change of basis do not compare. From the quarter to Mar 2020, 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
A loss in 9 of the 10 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 2020, the company reports a discontinued business.
Results for the year to Mar 2020
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
From revenue to net profit
- Revenue0.0
- Employee costs0.0
- Other expenses−2.0
- Operating profit−2.1
- Depreciation0.0
- Other income+0.6
- One-off items+0.3
- Finance costs0.0
- Profit before tax−1.2
- Tax−0.2
- Discontinued businesses−1.0
- Net profit−2.4
What the company owns
- Plant, investments and other assets₹2 Cr
What pays for it: net worth and liabilities
- Other liabilities₹2 Cr
- Borrowings₹0 Cr
Profit and loss
Standalone, ₹ crore, years to March.
| ₹ crore | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | – | – | – | – | – | – | – | 0.0 | 0.0 | 0.0 |
| – | – | – | – | – | – | – | – | 0.4 | 2.1 | |
| Materials and goods bought | – | – | – | – | – | – | – | – | 0.0 | 0.0 |
| Employee costs | – | – | – | – | – | – | – | – | 0.1 | 0.0 |
| Other expenses | – | – | – | – | – | – | – | – | 0.3 | 2.0 |
| Operating profit before depreciation | – | – | – | – | – | – | – | – | −0.4 | −2.1 |
| Depreciation and amortisation | 2.8 | 1.9 | 0.6 | 0.6 | 5.4 | 4.4 | 0.0 | 0.0 | 0.0 | 0.0 |
| Operating profit after depreciationOperating profit after depreciation (EBIT). Operating profit before depreciation, less depreciation and amortisation. Operating profit after depreciation (EBIT) in the glossary | – | – | – | – | – | – | – | – | −0.4 | −2.1 |
| Other income | 1.1 | 18.2 | 0.4 | 0.0 | 1.3 | 0.0 | – | 0.0 | 0.0 | 0.6 |
| Finance costs | 1.5 | 0.7 | 0.0 | 0.0 | 0.0 | 0.0 | – | – | 0.0 | 0.0 |
| Profit before one-off items and tax | – | 5.5 | −1.6 | −2.0 | −8.6 | −5.1 | −0.5 | −0.7 | −0.4 | −1.5 |
| One-off items | – | – | 0.1 | – | – | – | – | – | 0.0 | 0.3 |
| Profit before tax | −7.8 | 5.5 | −1.5 | −2.0 | −8.6 | −5.1 | −0.5 | −0.7 | −0.5 | −1.2 |
| – | – | – | −0.1 | −0.9 | – | – | – | 0.0 | 0.2 | |
| Profit from discontinued businesses | – | – | – | – | – | – | – | – | – | −1.0 |
| Net profit | −7.8 | 1.9 | −1.5 | −1.9 | −7.8 | −5.1 | −0.5 | −0.7 | −0.5 | −2.4 |
| Net margin | – | – | – | – | – | – | – | −36,900.0% | – | – |
Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the year to Mar 2011: the statement does not state its revenue or total expenses, 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 years to Mar 2012, Mar 2013, Mar 2014, Mar 2015 and Mar 2016: the statement does not state its revenue, 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 2017: the statement does not state its revenue or 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 2018: the statement does not state its finance costs, which operating profit is worked out from, so operating profit is not given.
Earlier years, Mar 2008 to Mar 2010
| ₹ crore | Mar 2008 | Mar 2009 | Mar 2010 |
|---|---|---|---|
| Revenue from operations | 14.2 | – | – |
| Operating expenses | 15.8 | – | – |
| Operating profit before depreciation | −1.6 | – | – |
| Operating margin | −11.6% | – | – |
| Depreciation and amortisation | 2.6 | 2.7 | 2.8 |
| Operating profit after depreciation | −4.2 | – | – |
| Other income | 0.8 | 0.3 | 0.4 |
| Finance costs | 0.0 | 2.0 | 1.6 |
| Profit before tax | −3.5 | −5.6 | −6.4 |
| Tax | 2.7 | 1.5 | – |
| Net profit | −6.2 | −7.1 | −5.7 |
| Net margin | −43.5% | – | – |
Standalone, ₹ crore, years to March.
Balance sheet
Standalone, ₹ crore, at 31 March.
| ₹ crore | Mar 2019 | Mar 2020 |
|---|---|---|
| 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 | −10,21,556 | −11 |
| Share capitalShare capital. The face value of all the shares the company has issued. Share capital in the glossary | 20,16,898 | 20 |
| 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 | −30,38,454 | −31 |
| BorrowingsBorrowings. Loans, bonds and other money the company has borrowed and must repay with interest. Borrowings in the glossary | 0 | 0 |
| 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 | 13,99,900 | 0 |
| 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 | 37,552 | 13 |
| Total assetsTotal assets. Everything the company owns or controls: plant, investments, stock, money owed by customers and cash. Total assets in the glossary | 4,15,896 | 2 |
| 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 | 1,99,758 | 2 |
| 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 | 2,16,137 | 0 |
| 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 | −4,751 | 0 |
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 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.
Ratios
Standalone, years to March.
| Ratio | Mar 2019 | Mar 2020 |
|---|---|---|
| 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 | −100.0% | – |
| Asset turnoverAsset turnover. Revenue divided by average total assets: rupees of sales for each rupee of assets. Asset turnover in the glossary | 0.00 | 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 | −0.41 | −0.41 |
| 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 | 0.00 |
Debt to equity is left blank for the years to Mar 2019 and Mar 2020: 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 years to Mar 2019 and Mar 2020: 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 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 2020.
- 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.
- 0.0%
| Measure | 3 years |
|---|---|
| Asset turnover, averageAsset turnover, average. 3 years: The plain average of the yearly asset turnover 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 asset turnover 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 asset turnover over the last ten years, needing at least nine of them; a year without the figure is left out, never filled in. | 0.00 |
Accounting checks
Standalone, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.
| Check | Mar 2019 | Mar 2020 |
|---|---|---|
| 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 | −43.23 | −52.10 |
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 2020 the company reports one business segment, Aviation, which carries all its revenue.
Where the return came from
Yearly rates to Mar 2020, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | +2.7% | – | – | 0.0% |
| 3 years | −37.7% | – | – | 0.0% |
| 5 years | −18.3% | – | – | 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 are left empty where earnings per share at either end of the window was a loss or is not on record.
Jagson Airlines share price by year
Each calendar year to 2020.
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2020 | 0.74 | −3.9% | 0.77 | 0.74 |
| 2019 | 0.77 | −23.0% | 1.15 | 0.57 |
| 2018 | 1.00 | −80.0% | 4.80 | 0.91 |
| 2017 | 5.00 | +12.6% | 5.58 | 2.80 |
| 2016 | 4.44 | +46.1% | 4.44 | 1.33 |
| 2015 | 3.04 | +1.3% | 3.30 | 1.41 |
₹ 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, 10 Feb 2020. The 2020 close is its last trade, on 20 Jul 2020.
Recent sessions
The 10 trading days to 20 Jul 2020, as traded on BSE.
| Date | Open | High | Low | Close | Average price | Volume |
|---|---|---|---|---|---|---|
| 20 Jul 2020 | 0.77 | 0.77 | 0.74 | 0.74 | 0.75 | 616 |
| 29 Jun 2020 | 0.74 | 0.77 | 0.74 | 0.77 | 0.76 | 3,667 |
| 8 Jun 2020 | 0.77 | 0.77 | 0.77 | 0.77 | 0.77 | 10 |
| 26 May 2020 | 0.77 | 0.77 | 0.77 | 0.77 | 0.77 | 500 |
| 9 Mar 2020 | 0.77 | 0.77 | 0.77 | 0.77 | 0.77 | 10 |
| 2 Mar 2020 | 0.77 | 0.77 | 0.77 | 0.77 | 0.77 | 3,101 |
| 10 Feb 2020 | 0.74 | 0.74 | 0.74 | 0.74 | 0.74 | 1,001 |
| 30 Dec 2019 | 0.77 | 0.77 | 0.77 | 0.77 | 0.77 | 301 |
| 26 Dec 2019 | 0.80 | 0.81 | 0.80 | 0.81 | 0.81 | 1,701 |
| 24 Dec 2019 | 0.75 | 0.78 | 0.72 | 0.78 | 0.76 | 3,244 |
Prices in ₹ per share as traded, not adjusted.
Company details
- BSE code
- 520139
- ISIN
- INE685B01018
- Industry
- Transport Services
- Website
- www.jagsonairlines.in
- CIN
- L63040HP1994PLC019011
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1994
- Registered office
- 18-B, SDA Complex, Kasumati, Shimla 171009, Himachal Pradesh
- Share registrar
- RCMC Share Registry Pvt. Ltd
- Keeps the register of shareholders and handles transfers and dividend payments