Max India (Delisted) share price
BSE: 539981Finance
Max India Limited · Face value ₹2 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 Jul 2016
Last traded ₹68.70 on 11 Jun 2020
Delisted on 13 Jan 2021.
Last announcements
The company's own last announcements before its shares stopped trading, routine notices left out.
Nov 2020
Oct 2020
Sep 2020
Q3 results, quarter to Dec 2019
Consolidated: the company and its subsidiaries together. ₹ crore.
- RevenueRevenue from operations. Money earned from selling the company's goods and services in the period. Revenue from operations in the glossary
- ₹34 Cr−13.0% on the quarter beforeChange on a year ago and on the quarter before. The change against the same quarter a year before: (this quarter's figure less that quarter's) divided by that quarter's, times 100. The change on the quarter before is the same sum against the quarter just before, taken as this quarter's results restate it where the company restated it: this quarter's year to date less this quarter. Left out where either figure is a loss, where the restatement covers two or more earlier quarters without saying which, or across a change of basis named under the table, on the lines it affects.
- Operating profitOperating 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
- −₹12 Cr
- Net profitNet profit. What is left of revenue and other income after every cost, interest and tax. Net profit in the glossary
- ₹367 Cr
- Earnings per shareEarnings per share. Profit belonging to shareholders divided by the number of shares, restated for later splits and bonuses so they do not break the line. Earnings per share in the glossary
- ₹14.11
- Operating margin
- −34.3%
- 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. Left blank for this quarter: the profit includes the result of a business the company has discontinued, which the revenue does not, so the two make no margin.
- Left blank
From revenue to net profit, ₹ crore
- Revenue34
- Materials and goods−9.3
- Employee costs−22
- Other expenses−14
- Operating profit−12
- Depreciation−2.1
- Other income+0.3
- One-off items−50
- Finance costs−6.2
- Profit before tax−70
- Tax−0.4
- Joint ventures+20
- Discontinued businesses+417
- Net profit367
Max India results by quarter
Consolidated: the company and its subsidiaries together. Latest quarter to Dec 2019. Results for the quarter to Mar 2020 were due by 30 May 2020, 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
Peak revenue ₹39 Cr, quarter to Sep 2019; lowest ₹34 Cr, quarter to Dec 2019Back to profit in the quarter to Dec 2019, ₹367 Cr
Operating and net margin by quarter, per cent
- Operating margin
- Net margin
| ₹ crore | Jun 2019Q1 | Sep 2019 | Dec 2019Q3 |
|---|---|---|---|
| Revenue from operations | 38 | 39 | 34 |
| 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 | 42 | 45 | 46 |
| 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 | 7 | 10 | 9 |
| Employee costsEmployee costs. Salaries, wages, bonuses and other benefits paid to staff in the period. Employee costs in the glossary | 26 | 23 | 22 |
| Other expensesOther expenses. Every operating cost besides materials and staff: power, rent, freight, repairs, marketing and the like. Other expenses in the glossary | 10 | 12 | 14 |
| Operating profit before depreciation | −5 | −6 | −12 |
| Operating margin | −12.1% | −15.7% | −34.3% |
| 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 | 1 | 2 | 2 |
| 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 |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. Finance costs in the glossary | 6 | 6 | 6 |
| 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 | −11 | −13 | −20 |
| 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 | 0 | 0 | −50 |
| Profit before tax | −11 | −13 | −70 |
| 1 | 1 | 0 | |
| Share of profit of joint ventures and associatesShare of profit of joint ventures and associates. The group's share of the profit of companies it part-owns and does not consolidate, as stated. It is part of net profit but not of revenue or operating profit: their sales and costs are not in the group's lines. Share of profit of joint ventures and associates in the glossary | 4 | 12 | 20 |
| Profit from discontinued businessesProfit from discontinued businesses. The profit after tax of businesses the company has sold, demerged or closed, or is about to. It is part of net profit; revenue and the lines above leave those businesses out. Profit from discontinued businesses in the glossary | −87 | −14 | 417 |
| −95 | −15 | 367 | |
| Other comprehensive incomeOther comprehensive income. Gains and losses booked straight to net worth rather than through profit, such as changes in the value of some investments, pension plans and currency translation. Other comprehensive income in the glossary | 2 | 8 | −3 |
| Total comprehensive incomeTotal comprehensive income. Net profit plus other comprehensive income. Total comprehensive income in the glossary | −93 | −7 | 364 |
| Earnings per share | −₹1.87 | −₹0.29 | ₹14.11 |
| Diluted earnings per shareDiluted earnings per share. Earnings per share counting the shares that options, warrants and convertible bonds already granted would add, on today's share count after splits and bonuses. Diluted earnings per share in the glossary | −₹1.87 | −₹0.29 | ₹14.10 |
Earnings per share in rupees, restated for later splits and bonuses. Net margin is left blank for Jun 2019, Sep 2019 and Dec 2019: the profit includes the result of a business the company has discontinued, which the revenue does not, so the two make no margin.
3 years at a glance
Consolidated: the company and its subsidiaries together. ₹ crore, years to March.
Revenue, net profit and borrowings, ₹ crore
- Revenue
- Net profit
- Borrowings
- Loss
Peak revenue ₹1,571 Cr, year to Mar 2018; lowest ₹156 Cr, year to Mar 2019A loss in 3 of the 3 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
Results for the year to Mar 2019
Consolidated: the company and its subsidiaries together. ₹ crore.
From revenue to net profit
- Revenue156
- Operating expenses−191
- Operating profit−36
- Depreciation−5.2
- Other income+17
- One-off items0.0
- Finance costs−24
- Profit before tax−48
- Tax−2.6
- Joint ventures−1.0
- Net profit−131
Profit and loss
Consolidated, ₹ crore, years to March.
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 |
|---|---|---|---|
| Revenue from operations | 1,429 | 1,571 | 156 |
| 1,385 | 1,512 | 191 | |
| Materials and goods bought | – | 1 | – |
| Operating profit before depreciation | 44 | 59 | −36 |
| Operating margin | 3.1% | 3.7% | −22.9% |
| Depreciation and amortisation | 59 | 73 | 5 |
| Operating profit after depreciationOperating profit after depreciation (EBIT). Operating profit before depreciation, less depreciation and amortisation. Operating profit after depreciation (EBIT) in the glossary | −15 | −15 | −41 |
| Other income | 24 | 45 | 17 |
| Finance costs | 53 | 78 | 24 |
| One-off items | 0 | 0 | 0 |
| Profit before tax | −43 | −48 | −48 |
| 3 | 16 | 3 | |
| Share of profit of joint ventures and associates | – | – | −1 |
| Net profit | −46 | −71 | −131 |
| Net margin | −3.2% | −4.5% | −84.1% |
| Net margin without joint ventures and associatesNet margin without joint ventures and associates. Net profit less the share of profit of joint ventures and associates, as a percentage of revenue: the margin on the businesses whose revenue the statement carries. Shown where the company states such a share. Net margin without joint ventures and associates in the glossary | – | – | −83.5% |
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the years to Mar 2017 and Mar 2019 they do not, so they are left blank.
Ratios
Consolidated, years to March.
| Ratio | Mar 2018 | Mar 2019 |
|---|---|---|
| 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 | 9.9% | −90.1% |
| 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 | 32.6% | – |
Interest cover is left blank for the years to Mar 2017, Mar 2018 and Mar 2019: operating profit after depreciation is a loss, and a loss covers no interest bill.
Growth and returns over 3, 5 and 10 years
Consolidated: the company and its subsidiaries together. Each window ends with the year to Mar 2019.
| Measure | 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. | −5.4% |
| 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. | −30.6% |
Business segments
In the year to Mar 2019 the company reports one business segment, Business Investments, which carries all its revenue. From the quarter to Dec 2019 it reports 4 businesses, by share of revenue: Business Investments, 59.7%, Learning & Development, 20.5%, Senior Living, 19.4% and Others, 0.3%.
Where the return came from
Yearly rates to Mar 2019, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −18.3% | – | – | 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.
Max India share price by year
Each calendar year to 2020.
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2020 | 68.70 | −15.9% | 94.00 | 53.70 |
| 2019 | 81.70 | −4.6% | 86.40 | 54.65 |
| 2018 | 85.60 | −31.2% | 124.75 | 60.00 |
| 2017 | 124.45 | −11.1% | 160.10 | 122.90 |
| 2016 | 139.95 | – | 171.00 | 119.75 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2016 is from its first session, 14 Jul 2016. The 2020 close is its last trade, on 11 Jun 2020.
Recent sessions
The 10 trading days to 11 Jun 2020, as traded on BSE.
| Date | Open | High | Low | Close | Average price | Volume |
|---|---|---|---|---|---|---|
| 11 Jun 2020 | 68.10 | 74.85 | 68.00 | 68.70 | 70.85 | 22,79,163 |
| 10 Jun 2020 | 66.40 | 69.00 | 65.90 | 67.90 | 66.89 | 3,50,647 |
| 9 Jun 2020 | 69.10 | 69.70 | 65.55 | 65.95 | 67.36 | 5,19,354 |
| 8 Jun 2020 | 70.85 | 73.20 | 67.80 | 68.95 | 70.24 | 16,85,529 |
| 5 Jun 2020 | 71.25 | 71.55 | 68.05 | 68.95 | 69.40 | 9,67,142 |
| 4 Jun 2020 | 71.90 | 73.05 | 68.80 | 69.30 | 69.96 | 5,60,663 |
| 3 Jun 2020 | 71.40 | 76.50 | 69.50 | 69.90 | 72.17 | 8,88,766 |
| 2 Jun 2020 | 67.00 | 68.95 | 64.65 | 68.45 | 67.41 | 8,15,798 |
| 1 Jun 2020 | 63.70 | 67.40 | 61.60 | 64.50 | 63.64 | 13,91,162 |
| 29 May 2020 | 57.05 | 65.80 | 55.70 | 61.25 | 62.09 | 7,47,434 |
Prices in ₹ per share as traded, not adjusted.
Company details
- BSE code
- 539981
- ISIN
- INE153U01017
- Industry
- Finance
- Former symbols
- MAXINDIA
- Website
- www.maxindia.com
- CIN
- L85100MH2015PLC330122
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 2015
- Registered office
- Max House, 1, Dr. Jha Marg, Okhla, New Delhi 110020, Delhi
- Share registrar
- MAS Services Ltd
- Keeps the register of shareholders and handles transfers and dividend payments