Kirloskar Investment & Finance (Delisted) results and financials

BSE: 511274

Kirloskar Investment & Finance Ltd. · Face value ₹10 · Listed May 2000

Delisted on 25 Mar 2011.

Last announcements

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

  1. Jan 2011

    • 17 Jan · Winding Up Order

      With reference to Company Petition No. 2/2000 filed by the Reserve Bank of India against Kirloskar Investments and Finance Ltd, ....
  2. Nov 2010

    • 4 Nov · Results

      Financial Results for the Quarter ended September 30, 2010.
  3. Aug 2010

  4. Apr 2010

  5. Feb 2010

Results for the quarter to Dec 2010

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

Net profit
−₹0.50 Cr

From revenue to net profit, ₹ crore

  1. Depreciation−0.4
  2. Other income0.0
  3. Profit before tax−0.5
  4. Net profit−0.5

Kirloskar Investment & Finance results by quarter

Standalone: the listed company alone, without its subsidiaries. Latest quarter to Dec 2010. Results for the quarter to Mar 2011 were due by 30 May 2011, 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
0.5−0.1Mar 080.1−0.5Jun 080.1−0.3Sep 080.0−0.5Dec 08−0.5Mar 09−0.5Jun 09−0.5Sep 090.0−0.3Dec 090.02.9Mar 10−0.5Jun 10Sep 10−0.5Dec 10
Peak revenue ₹0.50 Cr, quarter to Mar 2008; lowest ₹0.01 Cr, quarter to Dec 2008A loss in 10 of the 11 quarters with results on record

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
15,384.2%−4,325.0%−164.9%−932.5%−29.6%−344.8%−513.2%−4,325.0%−771.8%15,384.2%Mar 08Sep 08Mar 09Sep 09Mar 10Sep 10Dec 10
₹ croreSep 2007Dec 2007Mar 2008Jun 2008Sep 2008Dec 2008Mar 2009Jun 2009Sep 2009Dec 2009Mar 2010Jun 2010Sep 2010Dec 2010
Revenue from operations0.150.010.500.150.050.01–––0.040.02–––
––––0.140.12––––––––
Employee costs––––0.050.04––––––––
Other expenses––––0.100.09––––––––
Operating profit before depreciation––––−0.09−0.11––––––––
Operating margin––––−164.9%−932.5%––––––––
Depreciation and amortisation0.560.560.560.510.510.510.510.430.430.430.410.41–0.41
Other income–0.120.070.150.340.110.120.030.030.203.640.08–0.04
Finance costs––––0.000.000.00–––––––
Profit before tax−0.54−0.57−0.15−0.50−0.27−0.52−0.53−0.55−0.51−0.302.92−0.48–−0.50
Net profit−0.54−0.57−0.15−0.50−0.27−0.52−0.53−0.55−0.51−0.302.92−0.48–−0.50
Net margin−357.6%−5,690.0%−29.6%−344.8%−513.2%−4,325.0%–––−771.8%15,384.2%–––
Earnings per share in rupees, restated for later splits and bonuses. No results on record for the quarter to Sep 2010.

3 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
0.8−1.6Mar 080.1−1.8Mar 090.12.6Mar 10
Peak revenue ₹0.82 Cr, year to Mar 2008; lowest ₹0.06 Cr, year to Mar 2010Back to profit in the year to Mar 2010, ₹2.62 Cr

Operating and net margin, per cent

  • Operating margin
  • Net margin
4,520.7%−2,842.2%31.2%−718.0%−197.6%−2,842.2%4,520.7%Mar 08Mar 09Mar 10

Results for the year to Mar 2010

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

From revenue to net profit

  1. Revenue0.1
  2. Depreciation−0.8
  3. Other income+3.8
  4. Profit before tax2.6
  5. Net profit2.6

Profit and loss

Standalone, ₹ crore, years to March.

₹ croreMar 2008Mar 2009Mar 2010
Revenue from operations0.820.060.06
0.570.52–
Employee costs0.180.19–
Other expenses0.390.34–
Operating profit before depreciation0.26−0.46–
Operating margin31.2%−718.0%–
Employee costs, % of revenue21.6%300.9%–
Other expenses, % of revenue47.3%535.5%–
Depreciation and amortisation2.242.040.83
Operating profit after depreciation−1.99−2.50–
Other income0.370.713.84
Finance costs0.000.01–
Profit before tax−1.62−1.822.62
Net profit−1.62−1.822.62
Net margin−197.6%−2,842.2%4,520.7%
Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the year to Mar 2010: the statement does not state its finance costs, which operating profit is worked out from, so operating profit is not given.

Ratios

Standalone, years to March.

RatioMar 2009Mar 2010
Revenue growth−92.2%−9.4%
Interest cover is left blank for the years to Mar 2008 and Mar 2009: operating profit after depreciation is a loss, and a loss covers no interest bill.

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 2010.

Measure3 years
Operating margin, average−343.4%
Net margin, average493.6%

Company details

BSE code
511274
ISIN
INE195B01018
Registered office
Unity Buildings 2nd Floor, C Block JC Road, Bangalore 560002, Karnataka