Metkore Alloys & Industries share price

BSE: 532990Ferrous Metals

Metkore Alloys & Industries Ltd · Formerly Cronimet Alloys India · Face value ₹2 · Listed Jun 2008

Trading suspended since 28 May 2024

Last traded ₹0.65 on 23 Feb 2021

Latest announcements

Routine notices left out.

  1. Feb 2021

  2. Jan 2019

    • 21 Jan · Shareholding for the Period Ended December 31, 2018

      Shareholding Pattern for the Period Ended December 31, 2018. For more details, kindly Click ....
    • 20 Jan · Statement Of Investor Complaints For The Quarter Ended December 2018

      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 4 4 0
  3. Dec 2018

Share price history

Daily closes since Jun 2008, BSE closes Jun 2008 to Jul 2010, in Mar 2017, in Dec 2018, in Aug 2019, in Dec 2019 and in Oct 2020, adjusted for splits and bonuses

Daily close, ₹ per share

Results for the quarter to Sep 2018

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

Revenue
₹0.00 Cr−100.0% on a year ago
Operating profit
−₹0.46 Cr
Net profit
−₹0.87 Cr
Earnings per share
−₹0.12

From revenue to net profit, ₹ crore

  1. Revenue0.0
  2. Materials and goods−0.4
  3. Employee costs0.0
  4. Other expenses0.0
  5. Operating profit−0.5
  6. Depreciation−0.3
  7. Other income0.0
  8. Finance costs−0.1
  9. Profit before tax−0.9
  10. Tax0.0
  11. Net profit−0.9

Metkore Alloys & Industries results by quarter

Standalone: the listed company alone, without its subsidiaries. Latest quarter to Sep 2018. Results for the quarter to Dec 2018 were due by 14 Feb 2019, 45 days after it ends. Every company's dates are on the results calendar.

Revenue and net profit by quarter, ₹ crore

  • Revenue
  • Net profit
  • Loss
1.1−3.1Dec 150.2−3.3Mar 160.5−15Jun 161.5−1.8Sep 163.5−3.4Dec 164.5−1.8Mar 175.6−4.4Jun 171.9−7.1Sep 170.4−6.1Dec 170.2−1.5Mar 180−0.8Jun 180−0.9Sep 18
Peak revenue ₹5.62 Cr, quarter to Jun 2017; lowest ₹0.00 Cr, quarter to Jun 2018A loss in 12 of the 12 quarters shown

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
−38.2%−2,986.5%−253.5%−1,196.7%−2,918.0%−88.6%−88.4%−39.6%−38.2%−367.5%−1,651.6%−422.0%−285.1%−1,372.8%−2,986.5%−113.5%−98.6%−41.1%−79.1%−383.1%−1,697.8%−695.7%Dec 15Jun 16Dec 16Jun 17Dec 17Jun 18Sep 18
₹ croreDec 2013Mar 2014Jun 2014Sep 2014Dec 2014Mar 2015Jun 2015Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Q1Sep 2018
Revenue from operations4341647910540368100234620000
3934–77102363694315376896100
Materials and goods bought272651699832358–––0––5–5–00
Employee costs12–11111–––1––1–0000
Other expenses116–73410–––2––2–1100
Operating profit before depreciation37–33300−3−3−14−1−3−2−2−7−6−100
Operating margin7.3%17.4%–3.6%3.2%8.2%−1.4%−4.3%−253.5%−1,196.7%−2,918.0%−88.6%−88.4%−39.6%−38.2%−367.5%−1,651.6%−422.0%––
Depreciation and amortisation11–11100000000000100
Other income––00–––––––––––00–00
Finance costs12222222000000000000
Profit before one-off items and tax141001−3−2−3−3−15−2−3−2−2−7−6−1−1−1
One-off items––––––––––––––−2–––00
Profit before tax141001−3−2−3−3−15−2−3−2−4−7−6−1−1−1
Tax––––––––––––––––0–00
Net profit141001−3−2−3−3−15−2−3−2−4−7−6−1−1−1
Net margin3.0%9.3%1.3%0.6%0.5%1.9%−7.2%−29.4%−285.1%−1,372.8%−2,986.5%−113.5%−98.6%−41.1%−79.1%−383.1%−1,697.8%−695.7%––
Earnings per share–––₹0.07–––––––––−₹0.26−₹0.34−₹1.01−₹0.86−₹0.21−₹0.11−₹0.12
Earnings per share in rupees, restated for later splits and bonuses.

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
101−3.2Mar 091155.9Mar 1017114Mar 1124819Mar 1222312Mar 1334215Mar 142883.4Mar 1545−11Mar 1610.0−22Mar 178.9−19Mar 18
Peak revenue ₹342 Cr, year to Mar 2014; lowest ₹8.92 Cr, year to Mar 2018A loss in 4 of the 10 years shown

Operating and net margin, per cent

  • Operating margin
  • Net margin
15.0%−218.0%−0.8%9.9%15.0%9.2%7.1%4.4%−14.2%−199.5%−3.1%5.2%8.4%7.6%5.3%4.3%1.2%−25.0%−218.0%−212.3%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. Revenue8.9
  2. Materials and goods−17
  3. Employee costs−2.0
  4. Other expenses−7.4
  5. Operating profit−18
  6. Depreciation−1.4
  7. Other income0.0
  8. Finance costs0.0
  9. Profit before tax−19
  10. Tax+0.2
  11. Net profit−19

Profit and loss

Standalone, ₹ crore, years to March. The last column is the twelve months to Sep 2018, the latest four quarters added.

₹ croreMar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Sep 2018Twelve months
Revenue from operations101115171248223342288451091
102103145–20231727652–278
Materials and goods bought735710218416726424946517–
Employee costs––––5553–21
Other expenses––––3048223–72
Operating profit before depreciation−11126–212413−6–−18−8
Operating margin−0.8%9.9%15.0%–9.2%7.1%4.4%−14.2%–−199.5%–
Materials, % of revenue––––75.0%77.2%86.3%101.3%–193.9%–
Employee costs, % of revenue––––2.4%1.6%1.6%7.0%–22.2%–
Other expenses, % of revenue––––13.4%14.2%7.7%5.9%–83.4%–
Depreciation and amortisation222–3331112
Operating profit after depreciation−3923–182210−8–−19−9
Other income–00–0–0––0–
Finance costs20366774000
Profit before tax−59211812153−11−22−19−9
−236−10–−1–00–
Net profit−36141912153−11−22−19−9
Net margin−3.1%5.2%8.4%7.6%5.3%4.3%1.2%−25.0%−218.0%−212.3%–
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the years to Mar 2009, Mar 2010 and Mar 2011 they do not, so they are left blank. Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the year to Mar 2012: the statement does not state its depreciation, which operating profit is worked out from, so operating profit is not given. Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the year to Mar 2017: revenue, other income and exceptional items less the total expenses stated do not come to the profit before tax the same statement states, so the operating expenses cannot be told apart from the rest.

Per share

Standalone, ₹ per share, years to March.

₹ per shareMar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018
Earnings per share–₹2.95₹1.57–––−₹3.10−₹2.69
Diluted earnings per share–₹2.95₹1.57–––−₹3.10−₹2.69
₹0.10₹0.10₹0.10₹0.12––––
As declared that year₹0.50₹0.10₹0.10₹0.12––––
Dividend payout–3.2%5.9%–––––
Market cap at the year end (₹ crore)–92.850.1–––––
Every year is restated for later splits and bonuses, so they do not break the line. The figure the company stated that year is under each line it differs from.

Ratios

Standalone, years to March.

RatioMar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018
Revenue growth13.6%48.9%45.1%−10.1%53.2%−15.6%−84.3%−78.0%−10.5%
Operating profit growth–124.5%––17.0%−48.0%–––
Net profit growth–142.9%31.2%−37.4%23.6%−77.0%–––
Earnings per share growth–––−46.8%–––––
Interest cover22.97.5–2.83.11.3–––
Interest cover is left blank for the years to Mar 2009, Mar 2016 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 rate–−47.5%−68.6%
Operating margin, average–−50.6%−106.9%
Net margin, average−42.6%−90.0%−151.8%

Accounting checks

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

CheckMar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018
Effective tax ratePublished threshold 17.16 per cent35.2929.69−2.79−0.08–−33.28–––
A threshold marked as ours has no published figure; it is the line we read the check against.

Business segments

In the quarter to Sep 2018 the company reports one business segment, iron and steel, 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−6.7%––0.0%
3 years−30.1%––0.0%
5 years−18.8%––0.4%
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. Earnings growth and the change in P/E over 5 years are left empty: the earnings per share stated for one end does not match that year's profit and share count, and no share count is on record to work it out.

Metkore Alloys & Industries dividend calendar

Each payment in the month it went ex, as declared, ₹ a share at the time. Years running counted to the year to Mar 2018.

Dividends by the month each went ex
YearJanFebMarAprMayJunJulAugSepOctNovDecIn the year
2014₹0.12₹0.12
2013₹0.10₹0.10
2012₹0.10₹0.10
2011₹0.50Not added up

Interim or final dividendSpecial dividendNone that month

Metkore Alloys & Industries dividend history

Every payment with its ex-date and record date, year by year.

2014

  • Sep18Thu

    ₹0.12Final

    Ex-date 18 Sep 2014 · books closed to 29 Sep 2014

    1.45%of the price

2013

  • Sep12Thu

    ₹0.10Final

    Ex-date 12 Sep 2013 · books closed to 27 Sep 2013

    1.40%of the price

2012

  • Sep20Thu

    ₹0.10Final

    Ex-date 20 Sep 2012 · books closed to 29 Sep 2012

    0.74%of the price

2011

  • Sep22Thu

    ₹0.50Final

    Ex-date 22 Sep 2011 · books closed to 29 Sep 2011

    0.47%of the price

Grouped by the calendar year each went ex, so a year's total here can differ from the year it was paid for above. Of the price is the dividend as a share of the close on the session before its ex-date. A book closure is the run of days the company's register is frozen to settle who is paid; a record date is the one-day form of it.

Metkore Alloys & Industries share price by year

Each calendar year to 2021.

YearClose at year endChangeHighest closeLowest close
20210.65−13.3%0.900.60
2020BSE close0.75+114.3%1.200.20
2019BSE close0.35−70.8%1.350.20
2018BSE close1.20−65.7%4.351.05
2017BSE close3.50+29.6%6.752.50
20162.70−8.5%4.551.95
20152.95−65.1%10.152.60
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. The 2021 close is its last trade, on 23 Feb 2021.

Recent sessions

The 10 trading days to 23 Feb 2021, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
23 Feb 20210.650.650.600.650.6523,829
22 Feb 20210.650.650.600.600.6190,044
19 Feb 20210.700.700.600.650.6431,468
18 Feb 20210.750.750.650.650.7035,894
17 Feb 20210.700.750.700.700.7134,204
16 Feb 20210.750.750.700.750.7423,331
15 Feb 20210.750.750.700.750.7429,840
12 Feb 20210.750.750.700.750.7425,821
11 Feb 20210.750.750.700.750.7320,811
10 Feb 20210.700.750.700.700.7320,638
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
19 Mar 2020Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
13 Mar 2020Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
9 Mar 2020Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
5 Mar 2020Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
4 Mar 2020Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
26 Feb 2020Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
25 Feb 2020Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
18 Feb 2020Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
17 Feb 2020Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
12 Feb 2020Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
10 Feb 2020Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
5 Feb 2020Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
31 Jan 2020Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
30 Jan 2020Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
24 Dec 2019Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
23 Dec 2019Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
5 Nov 2019Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
4 Nov 2019Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
1 Nov 2019Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
24 Oct 2019Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
23 Oct 2019Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
17 Oct 2019Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
4 Sep 2019Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
3 Sep 2019Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
30 Aug 2019Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
29 Aug 2019Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
28 Aug 2019Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
23 Aug 2019Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
3 Nov 2011Split0.2000Each share became 5.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout. Any other event is noted and not adjusted for.

Company details

BSE code
532990
ISIN
INE592I01029
Industry
Ferrous Metals
Former symbols
METKORE, CRONIMET, CRONIMET, GMRFER
CIN
L27101AP2006PLC049591
Corporate identity number, the registrar of companies' code for it
Incorporated
2006
Registered office
Plot No. 18, Sagar Society, street No.1, Road No. 2, Bangjara Hills, Hyderabad 500034, Telangana
Share registrar
KFin Technologies Ltd
Keeps the register of shareholders and handles transfers and dividend payments