Kanco Enterprises (Delisted) share price

BSE: 590084Textiles & Apparels

Kanco Enterprises Limited · Face value ₹10 · Listed May 2008

Last traded ₹0.35 on 14 Nov 2017

Delisted on 31 Aug 2021.

Last announcements

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

  1. Oct 2017

  2. Sep 2017

Share price history

Daily closes since May 2010, adjusted for splits and bonuses. Earlier closes are left out: on 14 May 2010 the price changed in a way no corporate action on record explains.

Daily close, ₹ per share

Results for the quarter to Jun 2017

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

Revenue
₹0.01 Cr−50.0% on a year ago · −85.7% on the quarter before
Operating profit
−₹0.31 Cr
Net profit
−₹3.09 Cr
Earnings per share
−₹1.72
Operating margin
−3,100.0%
Net margin
−30,900.0%

From revenue to net profit, ₹ crore

  1. Revenue0.0
  2. Employee costs−0.2
  3. Other expenses−0.1
  4. Operating profit−0.3
  5. Depreciation−0.2
  6. Other income0.0
  7. Finance costs−2.6
  8. Profit before tax−3.1
  9. Net profit−3.1

Kanco Enterprises results by quarter

Standalone: the listed company alone, without its subsidiaries. Latest quarter to Jun 2017. Results for the quarter to Sep 2017 were due by 14 Nov 2017, 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
39−4.8Sep 1437−2.6Dec 1434−2.3Mar 1535−2.4Jun 15Sep 15Dec 15Mar 160.0−3.4Jun 16−3.8Sep 16−3.5Dec 160.1−3.0Mar 170.0−3.1Jun 17
Peak revenue ₹39 Cr, quarter to Sep 2014; lowest ₹0.01 Cr, quarter to Jun 2017A loss in 9 of the 9 quarters with results on record

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
2.6%−30,900.0%−3.5%1.3%2.5%2.6%−2,300.0%−671.4%−3,100.0%−12.1%−7.0%−6.8%−6.7%−17,150.0%−4,242.9%−30,900.0%Sep 14Mar 15Sep 15Mar 16Sep 16Mar 17Jun 17
₹ croreSep 2012Dec 2012Mar 2013Jun 2013Sep 2013Dec 2013Mar 2014Jun 2014Sep 2014Dec 2014Mar 2015Jun 2015Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017
Revenue from operations34.632.338.333.841.140.240.939.539.337.433.835.1–––0.0––0.10.0
32.429.734.130.939.438.838.139.340.736.932.934.2–––0.5––0.50.3
Materials and goods bought23.821.625.122.430.529.829.129.630.126.721.622.8––––––––
Employee costs–––––––––––––––0.3––0.20.2
Other expenses–––––––––––––––0.2––0.30.1
Operating profit before depreciation2.22.64.22.91.71.42.80.2−1.40.50.80.9–––−0.5––−0.5−0.3
Operating margin6.4%8.0%10.9%8.6%4.2%3.4%6.8%0.4%−3.5%1.3%2.5%2.6%–––−2,300.0%––−671.4%−3,100.0%
Depreciation and amortisation1.01.01.00.91.01.00.90.90.90.70.70.7–––0.70.00.70.50.2
Other income0.10.00.20.20.10.00.00.2––0.30.2–––0.20.00.20.10.0
Finance costs2.32.22.42.32.32.22.42.32.52.42.72.8–––2.42.72.62.02.6
Profit before tax−1.0−0.61.0−0.1−1.4−1.8−0.5−2.9−4.8−2.6−2.3−2.4–––−3.4−3.8−3.5−3.0−3.1
Net profit−1.0−0.61.0−0.1−1.4−1.8−0.5−2.9−4.8−2.6−2.3−2.4–––−3.4−3.8−3.5−3.0−3.1
Net margin−3.0%−1.8%2.6%−0.4%−3.4%−4.4%−1.2%−7.2%−12.1%−7.0%−6.8%−6.7%–––−17,150.0%––−4,242.9%−30,900.0%
Earnings per share−₹0.58−₹0.32₹0.55−₹0.07−₹0.78−₹0.99−₹0.27––−₹1.46−₹1.27––––––−₹1.96−₹1.66−₹1.72
Earnings per share in rupees, restated for later splits and bonuses. No results on record for the quarters to Sep 2015, Dec 2015 and Mar 2016.

9 years at a glance

Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to March, then September.

Revenue, net profit and borrowings, ₹ crore

  • Revenue
  • Net profit
  • Borrowings
  • Loss
100−5.5Mar 0894−8.2Mar 0997−7.1Mar 101200.1Mar 11123−10Sep 12145−1.1Sep 13160−9.9Sep 14Mar 160.0−14Mar 17
A loss in 7 of the 8 years with results on record

Operating and net margin, per cent

  • Operating margin
  • Net margin
7.9%−68,700.0%4.0%−1.1%0.6%7.6%2.0%7.9%1.8%−5.5%−8.7%−7.3%0.1%−8.4%−0.8%−6.2%−68,700.0%Mar 08Mar 10Sep 12Sep 14Mar 17

The company moved its year end from March to September: its last year to March on record ended in Mar 2011, its first year to September in Sep 2012. The company moved its year end from September to March: its last year to September on record ended in Sep 2014, its first year to March in Mar 2017.

The years either side of a change of basis do not compare. From the year to Mar 2010, the company's revenue for that year, ₹97 Cr, differs from its quarters added, ₹117 Cr.

Results for the year to Mar 2017

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

From revenue to net profit

  1. Revenue0.0
  2. Depreciation−2.7
  3. Other income+0.4
  4. Profit before tax−14
  5. Net profit−14

Profit and loss

Standalone, ₹ crore, years to March, then September. No results on record for the year to Mar 2016.

₹ croreMar 2008Mar 2009Mar 2010Mar 2011Sep 2012Sep 2013Sep 2014Mar 2016Mar 2017
Revenue from operations1009497120123145160–0
969597111121134157––
Materials and goods bought5451647988100119––
Operating profit before depreciation4−1192113––
Operating margin4.0%−1.1%0.6%7.6%2.0%7.9%1.8%––
Depreciation and amortisation6655444–3
Operating profit after depreciation−2−7−45−28−1––
Other income1012110–0
Finance costs6666999––
Profit before tax−8−13−91−10−1−10–−14
Tax−2−4−20–––––
Net profit−5−8−70−10−1−10–−14
Net margin−5.5%−8.7%−7.3%0.1%−8.4%−0.8%−6.2%–−68,700.0%
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 finance costs, which operating profit is worked out from, so operating profit is not given.

Per share

Standalone, ₹ per share, years to March, then September.

₹ per shareSep 2012Sep 2013Sep 2014Mar 2016Mar 2017
Earnings per share−₹5.75−₹0.62––−₹7.66
Diluted earnings per share−₹5.75−₹0.62––−₹7.66
Market cap at the year end (₹ crore)3.801.79––2.31

Ratios

Standalone, years to March, then September.

RatioMar 2009Mar 2010Mar 2011Sep 2012Sep 2013Sep 2014Mar 2016Mar 2017
Revenue growth−6.4%–23.1%–18.0%9.9%––
Operating profit growth––1,472.4%–371.9%−74.2%––
Interest cover––0.8–0.8–––
Interest cover is left blank for the years to Mar 2008, Mar 2009, Mar 2010, Sep 2012 and Sep 2014: operating profit after depreciation is a loss, and a loss covers no interest bill. Revenue growth is left blank for the year to Mar 2010: between the two periods the company restated its earlier figures, so the two are on different bases and the change is not worked out.

Accounting checks

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

CheckMar 2011Sep 2012Sep 2013Sep 2014Mar 2016Mar 2017
Effective tax ratePublished threshold 17.16 per cent81.67–––––
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 2017, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−23.7%––0.0%
3 years+20.9%––0.0%
5 years−13.9%––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.

Kanco Enterprises share price by year

Each calendar year to 2017.

YearClose at year endChangeHighest closeLowest close
20170.35−64.3%1.290.35
20160.98−38.0%2.700.98
20151.58−20.2%2.580.94
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. The 2017 close is its last trade, on 14 Nov 2017.

Recent sessions

The 10 trading days to 14 Nov 2017, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
14 Nov 20170.350.350.350.350.35260
13 Nov 20170.360.360.360.360.3665
10 Nov 20170.370.370.370.370.3765
9 Nov 20170.360.360.360.360.36955
7 Nov 20170.360.360.350.35–65
1 Nov 20170.360.370.360.360.36371
26 Oct 20170.370.370.370.370.3765
16 Oct 20170.380.380.380.380.3865
11 Oct 20170.400.400.400.400.4050
10 Oct 20170.440.440.420.420.433,065
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
14 May 2010Price 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
590084
ISIN
INE248D01011
Industry
Textiles & Apparels
CIN
L51909WB1991PLC053283
Corporate identity number, the registrar of companies' code for it
Incorporated
1991
Registered office
31 Shakespeare Sarani, Kolkata 700017, West Bengal
Share registrar
C B Management Services Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments