Kumar Wire Cloth Manufacturing Co. (Delisted) share price

BSE: 513703Textiles & Apparels

Face value ₹10 · Listed Jan 1995

Last traded ₹40.75 on 13 Jan 2020

Delisted on 23 Nov 2023.

Last announcements

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

  1. Aug 2020

    • 31 Aug · Statement Of Investor Complaints For The Quarter Ended June 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 0
  2. Apr 2019

    • 20 Apr · Shareholding for the Period Ended March 31, 2019

      Shareholding Pattern for the Period Ended March 31, 2019. For more details, kindly Click ....
    • 20 Apr · Statement Of Investor Complaints For The Quarter Ended March 2019

      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 0
  3. Feb 2019

Share price history

Daily closes since Feb 2008, adjusted for splits and bonuses

Daily close, ₹ per share

Q3 results, quarter to Dec 2018

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

Revenue
₹0.00 Cr−100.0% on a year ago · −100.0% on the quarter before
Operating profit
−₹0.35 Cr
Net profit
₹2.64 Cr+29,280.9% on a year ago
Earnings per share
₹9.58+31,833.3% on a year ago

From revenue to net profit, ₹ crore

  1. Revenue0.0
  2. Employee costs−0.1
  3. Other expenses−0.3
  4. Operating profit−0.3
  5. Depreciation0.0
  6. Other income+3.7
  7. Finance costs0.0
  8. Profit before tax3.3
  9. Tax−0.7
  10. Net profit2.6

Kumar Wire Cloth Manufacturing Co. results by quarter

Standalone: the listed company alone, without its subsidiaries. Latest quarter to Dec 2018. Results for the quarter to Mar 2019 were due by 30 May 2019, 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
0.1−0.1Mar 160.2−0.1Jun 160.20.0Sep 160.10.0Dec 160.1−0.2Mar 170.0−0.1Jun 170.0−0.1Sep 170.10.0Dec 170.10.0Mar 180.0−0.1Jun 184.00.0Sep 1802.6Dec 18
Peak revenue ₹3.96 Cr, quarter to Sep 2018; lowest ₹0.00 Cr, quarter to Dec 2018A loss in 9 of the 12 quarters shown

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
7.3%−693.3%−86.2%−32.5%−24.3%−379.2%−41.5%−424.7%0.8%−87.9%−34.1%−12.0%−28.7%−204.2%−392.3%−693.3%7.3%−74.6%−586.7%0.9%Mar 16Sep 16Mar 17Sep 17Mar 18Sep 18Dec 18
₹ croreMar 2014Jun 2014Sep 2014Dec 2014Mar 2015Jun 2015Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017worked outDec 2017Mar 2018Jun 2018Sep 2018Dec 2018Q3
Revenue from operations0.250.210.200.20–0.190.180.200.140.210.160.140.100.010.020.120.060.023.960.00
––––––––0.260.28–0.18–0.06––0.080.083.920.35
Materials and goods bought0.150.140.140.13–0.140.100.160.110.170.110.100.04––0.09––3.870.00
Employee costs––––––––0.060.05–0.04––––0.020.040.040.08
Other expenses––––––––0.080.06–0.04––––0.060.040.010.27
Operating profit before depreciation––––––––−0.12−0.07–−0.03–−0.05––−0.02−0.060.03−0.35
Operating margin––––––––−86.2%−32.5%–−24.3%–−379.2%––−41.5%−424.7%0.8%–
Depreciation and amortisation0.030.030.030.03–0.020.020.020.020.020.020.020.020.020.020.020.010.010.010.03
Other income0.040.020.080.02–0.020.020.020.020.020.020.010.020.020.020.040.060.020.023.72
Finance costs––––––––0.000.00–0.00–0.00––0.000.010.000.01
One-off items––––––––––––––––––0.000.00
Profit before tax0.050.000.020.00–−0.020.00−0.04−0.12−0.07−0.02−0.04−0.19−0.05−0.100.01−0.04−0.090.033.33
−0.08–––––––––––––––––0.000.69
Tax rate−180.4%–––––––––––––––––0.0%20.6%
Net profit0.130.000.020.00–−0.020.00−0.04−0.12−0.07−0.02−0.04−0.19−0.05−0.100.01−0.04−0.090.032.64
Net margin52.4%1.4%7.6%1.0%–−13.0%−2.2%−21.3%−87.9%−34.1%−12.0%−28.7%−204.2%−392.3%−693.3%7.3%−74.6%−586.7%0.9%–
Earnings per share–––––––––−₹0.26−₹0.07−₹0.15−₹0.70−₹0.18–₹0.03−₹0.16−₹0.32–₹9.58
Earnings per share in rupees, restated for later splits and bonuses. No results on record for the quarter to Mar 2015.

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
0.0−0.4Mar 090.0−0.1Mar 101.4−0.3Mar 110.50.1Mar 121.40.0Mar 130.90.1Mar 140.8−0.2Mar 150.7−0.2Mar 160.6−0.3Mar 170.1−0.2Mar 18
Peak revenue ₹1.43 Cr, year to Mar 2013; lowest ₹0.01 Cr, year to Mar 2009A loss in 7 of the 10 years shown

Operating and net margin, per cent

  • Operating margin
  • Net margin
16.2%−3,608.3%−339.2%−21.6%−25.1%−46.9%−181.6%−3,608.3%−387.5%−23.6%16.2%3.4%12.1%−20.6%−27.7%−53.8%−139.7%Mar 09Mar 11Mar 13Mar 15Mar 17Mar 18

Results for the year to Mar 2018

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

From revenue to net profit

  1. Revenue0.1
  2. Materials and goods−0.1
  3. Employee costs−0.1
  4. Other expenses−0.2
  5. Operating profit−0.2
  6. Depreciation−0.1
  7. Other income+0.1
  8. Finance costs0.0
  9. Profit before tax−0.2
  10. Net profit−0.2

Profit and loss

Standalone, ₹ crore, years to March.

₹ croreMar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018
Revenue from operations0.010.031.410.511.430.930.750.710.600.14
0.05–––––0.920.880.890.38
Materials and goods bought––1.460.290.970.660.570.510.420.10
Employee costs––––––0.100.17–0.10
Other expenses––––––0.240.21–0.19
Operating profit before depreciation−0.04–––––−0.16−0.18−0.28−0.25
Operating margin−339.2%–––––−21.6%−25.1%−46.9%−181.6%
Materials, % of revenue––––––76.1%71.7%–71.0%
Employee costs, % of revenue––––––13.9%24.3%–70.1%
Other expenses, % of revenue––––––31.8%29.3%–140.2%
Depreciation and amortisation0.140.120.110.100.140.120.120.080.080.07
Operating profit after depreciation−0.18–––––−0.28−0.26−0.36−0.31
Other income––––0.080.100.130.070.070.13
Finance costs0.19–––––0.000.000.030.00
Profit before one-off items and tax−0.37−0.15−0.300.070.040.03−0.16−0.20−0.33−0.19
One-off items––−0.04–––––––
Profit before tax−0.37−0.15−0.330.070.040.03−0.16−0.20−0.33−0.19
Tax0.06−0.02–−0.01−0.01−0.08––––
Net profit−0.43−0.12−0.330.080.050.11−0.16−0.20−0.33−0.19
Net margin−3,608.3%−387.5%−23.6%16.2%3.4%12.1%−20.6%−27.7%−53.8%−139.7%
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the years to Mar 2009 and Mar 2017 they do not, so they are left blank. Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the years to Mar 2010, Mar 2011, Mar 2012, Mar 2013 and Mar 2014: 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.

₹ per shareMar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018
Earnings per share−₹0.39–––––−₹0.71−₹1.18−₹0.69
Diluted earnings per share––––––−₹0.71−₹1.18−₹0.69
Market cap at the year end (₹ crore)––––––8.910.5–

Ratios

Standalone, years to March.

RatioMar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018
Revenue growth300.0%166.7%4,318.8%−63.8%178.9%−34.8%−19.1%−6.1%−14.6%−77.5%
Net profit growth––––−42.2%135.4%––––
Interest cover is left blank for the years to Mar 2009, Mar 2015, Mar 2016, Mar 2017 and Mar 2018: 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 2018.

Measure10 years5 years3 years
Revenue growth, yearly rate46.4%−37.5%−43.5%
Operating margin, average–−68.8%−84.5%
Net margin, average−422.9%−45.9%−73.7%

Accounting checks

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

CheckMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018
Effective tax ratePublished threshold 17.16 per cent−16.90−29.73−276.67––––
A threshold marked as ours has no published figure; it is the line we read the check against.

Business segments

In the quarter to Dec 2018 the company reports one business segment, WIRE MESH PRODUCTS, which carries all its revenue.

Where the return came from

Yearly rates to Mar 2018, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+21.7%––0.0%
3 years+150.3%––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.

Kumar Wire Cloth Manufacturing Co. share price by year

Each calendar year to 2020.

YearClose at year endChangeHighest closeLowest close
202040.75+4.9%40.7540.75
201938.85+8.2%45.6029.80
201835.90−8.5%49.0032.60
201739.25+12.8%41.9525.70
201634.80−1.3%40.8025.65
201535.25+3,075.7%39.901.16
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2015 is from its first session, 11 Feb 2015. The close is the year's last trade for 2020 (13 Jan 2020) and 2019 (18 Nov 2019).

Recent sessions

The 10 trading days to 13 Jan 2020, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
13 Jan 202038.8540.7538.8540.75–5
18 Nov 201938.8538.8538.8538.8538.8511
27 Aug 201937.0037.0037.0037.0037.005
21 Aug 201938.9038.9038.9038.9038.901
24 Jun 201943.1543.1539.0539.05–40
19 Jun 201941.1041.1041.1041.1041.10100
18 Jun 201945.5045.5041.2041.2045.46101
17 Jun 201947.7547.7543.3543.3544.22125
13 Jun 201945.6045.6045.6045.6045.6025
7 Jun 201943.4543.4543.4543.4543.4510
Prices in ₹ per share as traded, not adjusted.

Company details

BSE code
513703
ISIN
INE840A01011
Industry
Textiles & Apparels
CIN
L74999MH1981PLC024249
Corporate identity number, the registrar of companies' code for it
Incorporated
1981
Registered office
D 23 MIDC, Taloja, Taluka Panvel, Raigad 410218, Maharashtra
Share registrar
Sharex Dynamic (India) Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments