Matrix Laboratories (Delisted) share price

BSE: 524794

Matrix Laboratories Ltd. · Face value ₹2 · Listed Jun 2001

Last traded ₹209.35 on 13 Aug 2009

Delisted on 21 Aug 2009.

Last announcements

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

  1. Aug 2009

    • 17 Aug · Disclosure

      Company has received disclosures under regulation 13(4) of SEBI (Prohibition of Insider Trading) Regulations, 1992 from Employees of the Company. In this connection, the company has submitted to the Exchange the disclosure under regulation 13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 7 Aug · Business

      Vide its letter dated August 07, 2009, regarding a press release dated August 06, 2009, titled "President Clinton and Mylan Chairman and CEO Robert J. Coury announce New Agreement to Lower Price of Treatment for Patients with Drug-Resistant HIV in Developing Countries". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
  2. Jul 2009

    • 31 Jul · Suspension and Delisting of trading in equity shares

      Members of the Exchange are hereby informed that the trading in the equity shares of Matrix Laboratories Limited shall be suspended w.e.f. August 14, 2009 (i.e. w.e.f. closing hours of trading on August 13, 2009) on account of voluntary delisting pursuant to the SEBI (Delisting of Securities) Guidelines, 2003. The admission to dealings in securities of the said company shall be withdrawn (delisted) w.e.f. August 21, 2009.
    • 31 Jul · Delisting of shares

      Matrix Laboratories Limited has, with reference to the Delisting of the equity shares of the Company from the Exchange, submitted to the Exchange the details of the name, address and contact numbers of the Contact Person at RTA and at the Company for solving Investor queries post Delisting. The details of the same are as follows: 1) Company:- Name: V. Sheela; Designation: Company Secretary & General Manager (Legal); Address: 1-1-151/1, IV Floor, Sairam Towers, Alexander Road, Secunderabad - 500003; Phone: 91 40 27700363, 30496666; Fax: 91 40 27700343; Email: sheela.vadavalli@matrixlabsindia.com 2) Registrar to the Delisting Offer:- Name: Nilesh Chalke; Address: Link Intime India Private Limited; Address: C-13, Pannalal Silk Mills Compound, L.B.S. Marg, Bhandup (W), Mumbai - 400078; Phone: 91 22 2596 0320; Fax: 91 22 2596 0329; Email: matrix.delisting@linktime.co.in 3) Registrar of the Company:- Name: E.S.K. Prasad; Address: Venture Capital & Corporate Investments Private Limited (Unit Matrix Laboratories Limited) 12-10-167, Bharatnagar, Hyderabad - 500018; Phone: 91 40 23818475 / 23818476; Fax: 91 40 23868024; Email: info@vccilindia.com.
    • 29 Jul · Results

      Standalone Results for the quarter ended on 30-JUN-2009 as follows: Net Sales of Rs. 40555 lacs for quarter ending on 30-JUN-2009 against Rs. 32555 lacs for the quarter ending on 30-JUN-2008. Net Profit / (Loss) of Rs. 1656 lacs for the quarter ending on 30-JUN-2009 against Rs. 3237 lacs for the quarter ending on 30-JUN-2008.
    • 21 Jul · Board meeting

      Meeting on 29 Jul 2009: “Unaudited Financial Results for the Qtr ended June 30, 2009”

Share price history

Daily closes since Jan 2007, adjusted for splits and bonuses

Daily close, ₹ per share

Results for the quarter to Jun 2009

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

Revenue
₹410 Cr+25.9% on a year ago
Net profit
₹17 Cr−48.8% on a year ago
Earnings per share
₹1.07−48.8% on a year ago
Net margin
4.0%

From revenue to net profit, ₹ crore

  1. Revenue410
  2. Other income+1.5
  3. Finance costs−12
  4. Profit before tax27
  5. Tax−10
  6. Net profit17

Matrix Laboratories results by quarter

Standalone: the listed company alone, without its subsidiaries. Latest quarter to Jun 2009. Results for the quarter to Sep 2009 were due by 14 Nov 2009, 45 days after it ends. Every company's dates are on the results calendar.

Revenue and net profit by quarter, ₹ crore

  • Revenue
  • Net profit
21314Sep 0727634Dec 07Mar 0832632Jun 0833450Sep 0839636Dec 08Mar 0941017Jun 09
Peak revenue ₹410 Cr, quarter to Jun 2009; lowest ₹213 Cr, quarter to Sep 2007

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
14.9%4.0%6.4%12.5%9.9%14.9%9.1%4.0%Sep 07Dec 07Mar 08Jun 08Sep 08Dec 08Mar 09Jun 09
₹ croreSep 2007Dec 2007Mar 2008Jun 2008Sep 2008Dec 2008Mar 2009Jun 2009
Revenue from operations213276–326334396–410
––––––––
Materials and goods bought–––14–−2–−13
Other income44–567–2
Finance costs68–101416–12
One-off items––––−43–––
Profit before tax2245–436553–27
Tax910–111517–10
Tax rate38.9%23.0%–25.5%23.1%32.4%–38.3%
Net profit1434–325036–17
Net margin6.4%12.5%–9.9%14.9%9.1%–4.0%
Earnings per share₹0.88₹2.23–₹2.09₹3.22₹2.34–₹1.07
Diluted earnings per share₹0.88₹2.22–₹2.09₹3.21₹2.34–₹1.07
Earnings per share in rupees, restated for later splits and bonuses. No results on record for the quarters to Mar 2008 and Mar 2009.

2 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
979−298Mar 081,502189Mar 09
Peak revenue ₹1,502 Cr, year to Mar 2009; lowest ₹979 Cr, year to Mar 2008Back to profit in the year to Mar 2009, ₹189 Cr

Operating and net margin, per cent

  • Operating margin
  • Net margin
12.6%−30.5%−30.5%12.6%Mar 08Mar 09

Results for the year to Mar 2009

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

From revenue to net profit

  1. Revenue1,502
  2. Other income+22
  3. Finance costs−57
  4. Profit before tax257
  5. Tax−68
  6. Net profit189

Profit and loss

Standalone, ₹ crore, years to March.

₹ croreMar 2008Mar 2009
Revenue from operations9791,502
––
Materials and goods bought465−43
Other income2022
Finance costs2757
One-off items−401–
Profit before tax−260257
Tax3868
Net profit−298189
Net margin−30.5%12.6%
Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the years to Mar 2008 and Mar 2009: 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 March.

₹ per shareMar 2008Mar 2009
Earnings per share−₹19.32₹12.22
Diluted earnings per share−₹19.32₹12.22
Market cap at the year end (₹ crore)2,7422,269

Ratios

Standalone, years to March.

RatioMar 2009
Revenue growth53.5%

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 2009.

Measure3 years
Net margin, average−9.0%

Accounting checks

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

CheckMar 2009
Effective tax ratePublished threshold 17.16 per cent26.47
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 2009, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−17.3%––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.

Recent sessions

The 10 trading days to 13 Aug 2009, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
13 Aug 2009208.80211.00208.80209.35208.9950,392
12 Aug 2009208.70209.20208.70208.85208.8921,770
11 Aug 2009208.50209.10208.50208.90208.8755,214
10 Aug 2009208.50209.20208.50208.70208.7215,547
7 Aug 2009208.00209.00208.00208.75208.5788,814
6 Aug 2009208.55208.90208.30208.50208.5455,134
5 Aug 2009208.30208.85208.30208.65208.6611,622
4 Aug 2009208.60209.00208.35208.65208.6015,001
3 Aug 2009208.50209.90208.50208.95208.752,069
29 Jul 2009202.00209.90200.10209.90208.551,55,731
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
8 Oct 2008Price 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
524794
ISIN
INE604D01023
Registered office
Sai Ram Towers 1 - 1 - 151 / 1, 4th Floor Alexander Road, Secunderabad 500003, Andhra Pradesh
Share registrar
Venture Capital & Corporate Investments Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments