Micro Inks (Delisted) share price
BSE: 523886
Micro Inks Ltd. · Face value ₹10 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
Last traded ₹637.10 on 5 Apr 2010
Delisted on 13 Apr 2010.
Last announcements
The company's own last announcements before its shares stopped trading, routine notices left out.
Mar 2010
24 Mar · Corporate action
Company has fixed Book Closure from April 14, 2010 to April 17, 2010 for the purpose of ascertaining eligibility of the members for entitlement of final dividend and for ascertaining eligibility of the members for receiving notice for the ensuing Annual General Meeting.24 Mar · Delisting of shares
Micro Inks 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 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.23 Mar · Suspension and Delisting of trading in equity shares
Members of the Exchange are hereby informed that the trading in the equity shares of Micro Inks Limited shall be suspended w.e.f. April 06, 2010 (i.e. w.e.f. closing hours of trading on April 05, 2010) on account of voluntary delisting pursuant to the SEBI (Delisting of Equity Shares) Regulations, 2009. The admission to dealings in securities of the said company shall be withdrawn (delisted) w.e.f. April 13, 2010.23 Mar · Meeting
Register of Members & Share Transfer Books of the Company will remain closed from April 14, 2010 to April 17, 2010 (both days inclusive) for the ....22 Mar · Dividend
Board of Directors of the Company at its meeting held on March 20, 2010, has recommended dividend of Rs. 6 per equity share (60%) aggregating to Rs.1746 lakhs, including dividend distribution tax of Rs. 254 lakhs, for the year ended December 31, 2009.22 Mar · Results
Results for the quarter to Sep 2009
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
- RevenueRevenue from operations. Money earned from selling the company's goods and services in the period. Revenue from operations in the glossary
- ₹379 Cr−1.2% on a year ago · +17.8% 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.
- Net profitNet profit. What is left of revenue and other income after every cost, interest and tax. Net profit in the glossary
- ₹36 Cr+34.2% on a year ago · −0.4% on the quarter before
- Net margin
- 9.6%
From revenue to net profit, ₹ crore
- Revenue379
- Other income+1.4
- Finance costs−4.5
- Profit before tax49
- Tax−13
- Net profit36
Micro Inks results by quarter
Standalone: the listed company alone, without its subsidiaries. Latest quarter to Sep 2009. Results for the quarter to Dec 2009 were due by 1 Mar 2010, 60 days after it ends. Every company's dates are on the results calendar.
Revenue and net profit by quarter, ₹ crore
- Revenue
- Net profit
Peak revenue ₹384 Cr, quarter to Sep 2008; lowest ₹297 Cr, quarter to Sep 2007
Operating and net margin by quarter, per cent
- Operating margin
- Net margin
| ₹ crore | Sep 2007 | Dec 2007 | Mar 2008 | Jun 2008 | Sep 2008 | Dec 2008 | Mar 2009 | Jun 2009 | Sep 2009 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 297 | – | 322 | 323 | 384 | – | 298 | 322 | 379 |
| 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 | – | – | – | 288 | – | – | – | – | – |
| 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 | 218 | – | 211 | 203 | 234 | – | 198 | 209 | 234 |
| Employee costsEmployee costs. Salaries, wages, bonuses and other benefits paid to staff in the period. Employee costs in the glossary | – | – | – | 13 | – | – | – | – | – |
| Other expensesOther expenses. Every operating cost besides materials and staff: power, rent, freight, repairs, marketing and the like. Other expenses in the glossary | – | – | – | 72 | – | – | – | – | – |
| Operating profit before depreciationOperating 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 | – | – | – | 35 | – | – | – | – | – |
| Operating margin | – | – | – | 10.8% | – | – | – | – | – |
| 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 | – | – | – | 8 | – | – | – | – | – |
| 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 | 1 | – | 1 | 1 | 1 | – | 1 | 1 | 1 |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. Finance costs in the glossary | 6 | – | 9 | 6 | 7 | – | 13 | −3 | 5 |
| Profit before tax | 23 | – | 35 | 22 | 32 | – | 27 | 48 | 49 |
| Tax | 5 | – | 6 | 4 | 5 | – | 8 | 12 | 13 |
| Tax rateEffective tax rate. Tax charged as a percentage of profit before tax. Effective tax rate in the glossary | 19.9% | – | 16.4% | 18.0% | 16.8% | – | 29.7% | 24.3% | 25.9% |
| Net profit | 19 | – | 30 | 18 | 27 | – | 19 | 36 | 36 |
| Net margin | 6.3% | – | 9.2% | 5.5% | 7.0% | – | 6.4% | 11.3% | 9.6% |
Earnings per share in rupees, restated for later splits and bonuses. No results on record for the quarters to Dec 2007 and Dec 2008.
3 years at a glance
Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to December.
Revenue, net profit and borrowings, ₹ crore
- Revenue
- Net profit
- Borrowings
Peak revenue ₹1,376 Cr, year to Dec 2009; lowest ₹1,149 Cr, year to Dec 2007
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 Dec 2009
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
From revenue to net profit
- Revenue1,376
- Other income+4.0
- Finance costs−16
- Profit before tax150
- Tax−37
- Net profit113
Profit and loss
Standalone, ₹ crore, years to December.
| ₹ crore | Dec 2007 | Dec 2008 | Dec 2009 |
|---|---|---|---|
| Revenue from operations | 1,149 | 1,338 | 1,376 |
| – | – | – | |
| Materials and goods bought | 794 | 877 | 896 |
| Other income | 4 | 5 | 4 |
| Finance costs | 20 | 76 | 16 |
| 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 | −2 | – | – |
| Profit before tax | 82 | 111 | 150 |
| Tax | 14 | 21 | 37 |
| Net profit | 68 | 90 | 113 |
| Net margin | 5.9% | 6.7% | 8.2% |
Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the years to Dec 2007, Dec 2008 and Dec 2009: the statement does not state its depreciation, which operating profit is worked out from, so operating profit is not given.
Ratios
Standalone, years to December.
| Ratio | Dec 2008 | Dec 2009 |
|---|---|---|
| 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 | 16.5% | 2.9% |
| Net profit growthNet profit growth. This year's net profit less last year's, divided by last year's, times 100; blank where last year's is not above nought. Net profit growth in the glossary | 32.5% | 24.7% |
Growth and returns over 3, 5 and 10 years
Standalone: the listed company alone, without its subsidiaries. Each window ends with the year to Dec 2009.
| Measure | 3 years |
|---|---|
| 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. | 7.0% |
Accounting checks
Standalone, years to December. Published tests of whether reported profit is backed by cash and the balance sheet.
| Check | Dec 2008 | Dec 2009 |
|---|---|---|
| Effective tax ratePublished threshold 17.16 per cent | 18.72 | 24.94 |
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 Dec 2009, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | +422.2% | – | – | 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 5 Apr 2010, as traded on BSE.
| Date | Open | High | Low | Close | Average price | Volume |
|---|---|---|---|---|---|---|
| 5 Apr 2010 | 637.95 | 637.95 | 631.00 | 637.10 | 636.84 | 44,270 |
| 1 Apr 2010 | 634.05 | 637.00 | 634.05 | 636.85 | 636.44 | 47,283 |
| 31 Mar 2010 | 634.25 | 636.25 | 633.50 | 635.50 | 634.01 | 13,328 |
| 30 Mar 2010 | 632.50 | 635.75 | 631.25 | 634.40 | 633.99 | 24,095 |
| 29 Mar 2010 | 630.00 | 633.00 | 630.00 | 632.80 | 632.22 | 58,256 |
| 26 Mar 2010 | 631.00 | 632.00 | 631.00 | 631.30 | 631.22 | 12,340 |
| 25 Mar 2010 | 629.00 | 631.25 | 629.00 | 631.10 | 630.81 | 15,145 |
| 23 Mar 2010 | 628.15 | 631.95 | 628.05 | 629.95 | 629.86 | 4,901 |
| 22 Mar 2010 | 627.00 | 631.00 | 627.00 | 630.05 | 629.89 | 23,806 |
| 19 Mar 2010 | 629.90 | 629.90 | 626.00 | 627.15 | 626.95 | 11,250 |
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-date | Event | Price factor | What happened |
|---|---|---|---|
| 19 May 2009 | Price move | – | Between two trading sessions the price moved by a fifth or more. The Nifty 500 moved 5% or more the same way over the same sessions. Not adjusted for. |
Each event is noted and not adjusted for.
Company details
- BSE code
- 523886
- ISIN
- INE056A01014
- Website
- www.microinks.com
- Registered office
- Bilakhia House Muktanand Marg Chala, Vapi 396191, Gujarat
- Share registrar
- Link Intime India Pvt. Ltd
- Keeps the register of shareholders and handles transfers and dividend payments