Kinetic Motor Co. (Delisted) share price

BSE: 505190

Kinetic Motor Co. Ltd · Formerly Kinetic Honda Motors · Face value ₹10 · Listed May 2000

Last traded ₹7.10 on 21 Mar 2013

Delisted on 17 May 2013.

Last announcements

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

Share price history

Daily closes since Jan 2007, BSE closes Jan 2007 to Jul 2007, Jul 2007 to Feb 2008, Feb 2008 to May 2008 and May 2008 to Jul 2010, adjusted for splits and bonuses

Daily close, ₹ per share

Results for the quarter to Sep 2012

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

Revenue
₹0.08 Cr−92.1% on a year ago · −86.4% on the quarter before
Net profit
₹0.01 Cr−95.8% on a year ago · −97.5% on the quarter before
Net margin
12.5%

From revenue to net profit, ₹ crore

  1. Revenue0.1
  2. Depreciation−0.3
  3. Other income+0.3
  4. Profit before tax0.0
  5. Net profit0.0

Kinetic Motor Co. results by quarter

Standalone: the listed company alone, without its subsidiaries. Latest quarter to Sep 2012. Results for the quarter to Dec 2012 were due by 1 Mar 2013, 60 days after it ends. Every company's dates are on the results calendar.

Revenue and net profit by quarter, ₹ crore

  • Revenue
  • Net profit
  • Loss
0.30.1Dec 090.6−7.1Mar 101.10.3Jun 104.40.1Sep 100.70.2Dec 100.1−0.6Mar 111.70.7Jun 111.00.2Sep 112.10.9Dec 110.6−0.5Mar 120.60.4Jun 120.10.0Sep 12
A loss in 3 of the 12 quarters shown

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
67.8%−1,249.1%56.0%−1,249.1%28.2%2.7%28.4%−458.3%39.1%23.8%43.6%−75.0%67.8%12.5%Dec 09Jun 10Dec 10Jun 11Dec 11Jun 12Sep 12
₹ croreDec 2007Mar 2008Jun 2008Sep 2008Dec 2008Mar 2009Jun 2009Sep 2009Dec 2009Mar 2010Jun 2010Sep 2010Dec 2010Mar 2011Jun 2011Sep 2011Dec 2011Mar 2012Jun 2012Sep 2012
Revenue from operations30.827.423.715.417.02.21.1–0.30.61.14.40.70.11.71.02.10.60.60.1
44.845.937.429.7––––––––––––––––
Materials and goods bought21.625.022.011.614.22.10.9––––––0.0––––––
Operating profit before depreciation−14.0−18.5−13.8−14.3––––––––––––––––
Operating margin−45.4%−67.4%−58.2%−93.2%––––––––––––––––
Depreciation and amortisation5.05.55.55.2–––––––––––––0.30.30.3
Other income1.61.01.11.69.55.027.9–0.00.00.0––––––––0.3
Finance costs2.32.32.51.30.4–––0.00.00.10.00.0–0.10.00.0–––
Profit before one-off items and tax–––−19.2−3.82.726.7–−1.0−7.80.33.20.1−0.70.70.31.1−0.50.10.0
One-off items–7.3––71.1–––1.10.60.0−3.00.10.20.00.0−0.2–––
Profit before tax−19.7−18.1−20.6−19.267.42.726.7–0.1−7.10.30.10.2−0.60.70.20.9−0.50.10.0
Tax0.00.00.00.10.0–––––––––––––––
Tax rate––––0.0%–––––––––––––––
Net profit−19.8−18.1−20.7−19.367.42.715.0–0.1−7.10.30.10.2−0.60.70.20.9−0.50.40.0
Net margin−64.1%−66.1%−87.3%−125.7%396.6%122.6%1,329.2%–56.0%−1,249.1%28.2%2.7%28.4%−458.3%39.1%23.8%43.6%−75.0%67.8%12.5%
Earnings per share––––––––₹0.07−₹3.28₹0.14₹0.05₹0.08−₹0.20₹0.24₹0.09₹0.33−₹0.18₹0.15–
Diluted earnings per share––––––––₹0.06−₹2.61₹0.11₹0.04₹0.08−₹0.20₹0.24₹0.09₹0.31−₹0.18₹0.15–
Earnings per share in rupees, restated for later splits and bonuses. No results on record for the quarter to Sep 2009.

The quarters either side of a change of basis do not compare. From the quarter to Sep 2010, the company's revenue for the year to Sep 2010, ₹7.58 Cr, differs from its quarters added, ₹6.34 Cr.

3 years at a glance

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

Revenue, net profit and borrowings, ₹ crore

  • Revenue
  • Net profit
  • Borrowings
  • Loss
1698Sep 097.6−6.1Sep 105.71.5Dec 11
Back to profit in the year to Dec 2011, ₹1.48 CrA loss in 1 of the 3 years shown

Operating and net margin, per cent

  • Operating margin
  • Net margin
621.7%−79.8%621.7%−79.8%26.1%Sep 09Sep 10Dec 11

The company moved its year end from September to December: its last year to September on record ended in Sep 2010, its first year to December in Dec 2011.

The years either side of a change of basis do not compare. From the year to Sep 2010, the company's revenue for that year, ₹7.58 Cr, differs from its quarters added, ₹6.34 Cr.

Results for the year to Dec 2011

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

From revenue to net profit

  1. Revenue5.7
  2. One-off items+0.1
  3. Finance costs−0.1
  4. Profit before tax1.5
  5. Net profit1.5

Profit and loss

Standalone, ₹ crore, years to September, then December. The last column is the twelve months to Sep 2012, the latest four quarters added.

₹ croreSep 2009Sep 2010Dec 2011Sep 2012Twelve months
Revenue from operations15.77.65.73.4
––––
Materials and goods bought13.7–0.1–
Other income16.50.0––
Finance costs1.30.10.1–
Profit before one-off items and tax0.4−4.91.40.8
One-off items97.4−1.20.1–
Profit before tax97.8−6.11.50.6
Tax0.0–––
Net profit97.6−6.11.50.9
Net margin621.7%−79.8%26.1%24.9%
Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the years to Sep 2009, Sep 2010 and Dec 2011: the statement does not state its depreciation, which operating profit is worked out from, so operating profit is not given.

Per share

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

₹ per shareSep 2009Sep 2010Dec 2011
Earnings per share₹46.32−₹2.55₹0.54
Diluted earnings per share₹29.57−₹2.20₹0.49
Market cap at the year end (₹ crore)60.655.128.4

Accounting checks

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

CheckSep 2009Sep 2010Dec 2011
Effective tax ratePublished threshold 17.16 per cent0.01––
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 Dec 2011, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−65.4%––0.0%
3 years+15.6%––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.

Recent sessions

The 10 trading days to 21 Mar 2013, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
21 Mar 20137.508.007.057.107.3620,063
20 Mar 20138.008.157.407.757.709,059
19 Mar 20138.408.507.657.958.1128,718
18 Mar 20138.558.758.108.308.389,432
15 Mar 20138.508.958.508.658.7113,574
14 Mar 20139.459.458.608.758.7712,445
13 Mar 20138.608.808.258.658.563,791
12 Mar 20138.758.858.308.808.618,333
11 Mar 201310.8010.808.308.758.7911,578
8 Mar 20138.909.458.909.209.2317,264
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
26 Mar 2009Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
Each event is noted and not adjusted for.

Company details

BSE code
505190
ISIN
INE267B01015
Former symbols
KINETICMOT, KINHONDA
CIN
L35911PN1984PLC141257
Corporate identity number, the registrar of companies' code for it
Incorporated
1984
Registered office
D1 Block, Plot No. 18/2, MIDC, Chinchwad, Pune 411019, Maharashtra
Share registrar
Link Intime India Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments