Karma Industries (Delisted) share price
BSE: 512585
KARMA INDUSTRIES LIMITED · 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 Sep 1994
Last traded ₹0.36 on 23 Nov 2015
Delisted on 4 Jul 2018.
Last announcements
The company's own last announcements before its shares stopped trading, routine notices left out.
Sep 2014
25 Sep · Meeting
Register of Members & Share Transfer Books of the Company will remain closed from September 29, 2014 to September 30, 2014 (both days inclusive) ....
Aug 2014
Jul 2014
17 Jul · Shareholding Pattern For June 30, 2014
Apr 2014
17 Apr · Shareholding Pattern For March 31, 2014
Feb 2014
20 Feb · Results
20 Feb · Results
Results for the quarter to Jun 2014
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
- Net profitNet profit. What is left of revenue and other income after every cost, interest and tax. Net profit in the glossary
- −₹0.01 Cr
From revenue to net profit, ₹ crore
- Profit before tax0.0
- Net profit0.0
Karma Industries results by quarter
Standalone: the listed company alone, without its subsidiaries. Latest quarter to Jun 2014. Results for the quarter to Sep 2014 were due by 14 Nov 2014, 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 5 of the 10 quarters with results on record
Operating and net margin by quarter, per cent
- Operating margin
- Net margin
| ₹ crore | Sep 2009 | Dec 2009 | Mar 2010 | Jun 2010 | Sep 2010 | Dec 2010 | Mar 2011 | Jun 2011 | Sep 2011 | Dec 2011 | Mar 2012 | Jun 2012 | Sep 2012 | Dec 2012 | Mar 2013 | Jun 2013 | Sep 2013 | Dec 2013 | Mar 2014 | Jun 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 92 | 136 | 139 | 63 | 95 | 243 | 252 | 138 | 140 | 258 | 234 | 88 | 306 | 217 | 47 | – | – | – | – | – |
| 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 | 91 | 136 | 138 | 62 | 94 | 241 | 248 | 137 | 138 | 255 | 231 | 87 | 303 | 219 | – | – | – | – | – | – |
| 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 | 90 | 133 | 128 | – | 96 | 237 | – | 137 | 138 | 254 | 227 | 86 | 303 | 218 | – | – | – | – | – | – |
| Employee costsEmployee costs. Salaries, wages, bonuses and other benefits paid to staff in the period. Employee costs in the glossary | – | – | – | – | – | – | – | – | – | – | – | 0 | 0 | 0 | – | – | – | – | – | – |
| Other expensesOther expenses. Every operating cost besides materials and staff: power, rent, freight, repairs, marketing and the like. Other expenses in the glossary | – | – | – | – | – | – | – | – | – | – | – | 0 | 0 | 0 | – | – | – | – | – | – |
| 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 | 1 | 1 | 1 | 1 | 1 | 2 | 4 | 1 | 2 | 3 | 2 | 1 | 3 | −1 | – | – | – | – | – | – |
| Operating margin | 1.0% | 0.5% | 0.6% | 1.1% | 0.8% | 0.7% | 1.5% | 0.9% | 1.3% | 1.1% | 1.0% | 1.1% | 0.9% | −0.5% | – | – | – | – | – | – |
| 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 | 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 | – | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | – | 0 | – | – | 0 | 0 | – | – | 0 | – | – |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. Finance costs in the glossary | 0 | 0 | 0 | 0 | 0 | 1 | 3 | 1 | 1 | 2 | 1 | 1 | 2 | 1 | 0 | – | – | – | – | – |
| 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 | 1 | 0 | 1 | 0 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 0 | 1 | −2 | −21 | – | 0 | 0 | – | 0 |
| 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 | – | – | – | – | – | – | – | – | – | – | – | – | – | – | −23 | – | – | – | – | – |
| Profit before tax | 1 | 0 | 1 | 0 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 0 | 1 | −2 | −44 | – | 0 | 0 | – | 0 |
| Tax | 0 | – | – | – | 0 | – | 1 | – | 0 | 0 | 0 | – | 0 | – | 0 | – | – | – | – | – |
| Tax rateEffective tax rate. Tax charged as a percentage of profit before tax. Effective tax rate in the glossary | 28.9% | – | – | – | 39.1% | – | 60.2% | – | 32.1% | 33.0% | 38.9% | – | 29.6% | – | – | – | – | – | – | – |
| Net profit | 0 | 0 | 1 | 0 | 0 | 1 | 0 | 0 | 1 | 1 | 0 | 0 | 0 | −2 | −44 | – | 0 | 0 | – | 0 |
| Net margin | 0.5% | 0.3% | 0.4% | 0.5% | 0.3% | 0.4% | 0.2% | 0.1% | 0.4% | 0.3% | 0.2% | 0.2% | 0.1% | −1.0% | −94.0% | – | – | – | – | – |
Earnings per share in rupees, restated for later splits and bonuses. No results on record for the quarters to Jun 2013 and Mar 2014.
The quarters either side of a change of basis do not compare. From the quarter to Mar 2010, the company's revenue for the year to Mar 2010, ₹428 Cr, differs from its quarters added, ₹434 Cr. From the quarter to Mar 2012, the company's revenue for the year to Mar 2012, ₹747 Cr, differs from its quarters added, ₹769 Cr.
5 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 the year to Mar 2013, −₹46 CrA loss in 1 of the 5 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 2010, the company's revenue for that year, ₹428 Cr, differs from its quarters added, ₹434 Cr. From the year to Mar 2012, the company's revenue for that year, ₹747 Cr, differs from its quarters added, ₹769 Cr.
Results for the year to Mar 2013
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
From revenue to net profit
- Revenue658
- Other income+0.2
- One-off items−23
- Finance costs−4.0
- Profit before tax−46
- Net profit−46
Profit and loss
Standalone, ₹ crore, years to March.
| ₹ crore | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 |
|---|---|---|---|---|---|
| Revenue from operations | 277 | 428 | 653 | 747 | 658 |
| 275 | 425 | 646 | 738 | – | |
| Materials and goods bought | 272 | 420 | – | – | 661 |
| Operating profit before depreciation | 2 | 3 | 7 | 8 | – |
| Operating margin | 0.6% | 0.8% | 1.1% | 1.1% | – |
| Depreciation and amortisation | 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 | 1 | 3 | 7 | 8 | – |
| Other income | 1 | 0 | 0 | 0 | 0 |
| Finance costs | 1 | 1 | 4 | 5 | 4 |
| Profit before one-off items and tax | 1 | 2 | 3 | 3 | −22 |
| One-off items | – | – | – | – | −23 |
| Profit before tax | 1 | 2 | 3 | 3 | −46 |
| 0 | 0 | 1 | 1 | – | |
| Net profit | 1 | 2 | 2 | 2 | −46 |
| Net margin | 0.3% | 0.5% | 0.3% | 0.2% | −6.9% |
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the years to Mar 2011 and Mar 2012 they do not, so they are left blank. Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the year to Mar 2013: 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 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 |
|---|---|---|---|---|---|
| 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 | – | – | 52.5% | – | −11.9% |
| Operating profit growthOperating profit growth. This year's operating profit before depreciation less last year's, divided by last year's, times 100; blank where last year's is not above nought. Operating profit growth in the glossary | – | – | 127.3% | – | – |
| Net profit growthNet profit growth. This year's net profit less last year's, divided by last year's, times 100; blank where last year's is not above nought. Net profit growth in the glossary | – | 187.1% | −7.7% | −7.7% | – |
| 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 | 1.7 | 4.7 | 1.6 | 1.5 | – |
Revenue growth and operating profit growth are left blank for the years to Mar 2010 and Mar 2012: 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 2013.
| Measure | 5 years | 3 years |
|---|---|---|
| Operating margin, averageOperating margin, average. 3 years: The plain average of the yearly operating 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 operating 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 operating profit margin over the last ten years, needing at least nine of them; a year without the figure is left out, never filled in. | 0.9% | 1.1% |
| 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. | −1.1% | −2.1% |
| Interest cover, averageInterest cover, average. 3 years: The plain average of the yearly interest cover 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 interest cover 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 interest cover over the last ten years, needing at least nine of them; a year without the figure is left out, never filled in. | 2.4 | 1.5 |
Accounting checks
Standalone, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.
| Check | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 |
|---|---|---|---|---|---|
| Effective tax ratePublished threshold 17.16 per cent | 39.39 | 8.49 | 28.68 | 32.89 | – |
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 2013, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −95.0% | – | – | 0.0% |
| 3 years | −55.9% | – | – | 0.0% |
| 5 years | −29.2% | – | – | 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.
Karma Industries share price by year
Each calendar year to 2015.
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2015 | 0.36 | −52.0% | 0.78 | 0.35 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. The 2015 close is its last trade, on 23 Nov 2015.
Recent sessions
The 10 trading days to 23 Nov 2015, as traded on BSE.
| Date | Open | High | Low | Close | Average price | Volume |
|---|---|---|---|---|---|---|
| 23 Nov 2015 | 0.34 | 0.36 | 0.34 | 0.36 | 0.36 | 53,000 |
| 16 Nov 2015 | 0.35 | 0.35 | 0.35 | 0.35 | 0.35 | 1,250 |
| 2 Nov 2015 | 0.36 | 0.36 | 0.36 | 0.36 | 0.36 | 1,000 |
| 12 Oct 2015 | 0.37 | 0.37 | 0.37 | 0.37 | 0.37 | 1,000 |
| 28 Sep 2015 | 0.37 | 0.37 | 0.37 | 0.37 | 0.37 | 169 |
| 14 Sep 2015 | 0.37 | 0.37 | 0.37 | 0.37 | 0.37 | 10,100 |
| 7 Sep 2015 | 0.36 | 0.36 | 0.36 | 0.36 | 0.36 | 31 |
| 24 Aug 2015 | 0.37 | 0.37 | 0.37 | 0.37 | 0.37 | 52,000 |
| 10 Aug 2015 | 0.36 | 0.36 | 0.36 | 0.36 | 0.36 | 20,000 |
| 3 Aug 2015 | 0.35 | 0.37 | 0.35 | 0.35 | 0.35 | 52,700 |
Prices in ₹ per share as traded, not adjusted.
Company details
- BSE code
- 512585
- ISIN
- INE416F01019
- Website
- www.karmaindustriesltd.com
- CIN
- L51900MH1977PLC019837
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1977
- Registered office
- H-131, Raj Arcade, Office No. 131, Mahavir Nagar, Kandivali (West), Mumbai 400067, Maharashtra
- Share registrar
- System Support Services
- Keeps the register of shareholders and handles transfers and dividend payments