Monsanto India (Delisted) share price

BSE: 524084

Monsanto India Ltd. · Formerly Monsanto Chemicals of India · Face value ₹10 · Listed Mar 1989

Last traded ₹2,232.65 on 26 Sep 2019

Delisted on 27 May 2020.

Last announcements

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

  1. Sep 2019

Share price history

Daily closes since Oct 2011, BSE closes Jan 2007 to Jul 2010, adjusted for splits and bonuses. Earlier closes are left out: on 5 Oct 2011 the price changed in a way no corporate action on record explains.

Daily close, ₹ per share

Dividend

Q1 results, quarter to Jun 2019

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

Revenue
₹287 Cr+10.1% on a year ago · +124.1% on the quarter before
Operating profit
₹78 Cr+9.3% on a year ago · +166.9% on the quarter before
Net profit
₹76 Cr+15.1% on a year ago · +236.1% on the quarter before
Earnings per share
₹44.03+15.1% on a year ago · +236.1% on the quarter before
Operating margin
27.2%
Net margin
26.5%

From revenue to net profit, ₹ crore

  1. Revenue287
  2. Materials and goods−149
  3. Employee costs−13
  4. Other expenses−46
  5. Operating profit78
  6. Depreciation−3.1
  7. Other income+12
  8. One-off items−0.3
  9. Finance costs−0.3
  10. Profit before tax86
  11. Tax−9.8
  12. Net profit76

Monsanto India results by quarter

Standalone: the listed company alone, without its subsidiaries. Latest quarter to Jun 2019. Results for the quarter to Sep 2019 were due by 14 Nov 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
960.9Sep 1616460Dec 1614030Mar 1723654Jun 1796−6.4Sep 1718463Dec 1715753Mar 1826166Jun 1812824Sep 1815339Dec 1812823Mar 1928776Jun 19
Peak revenue ₹287 Cr, quarter to Jun 2019; lowest ₹96 Cr, quarter to Sep 2017A loss in 1 of the 12 quarters shown

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
37.5%−12.3%1.8%36.6%24.7%24.4%−12.3%37.5%34.8%27.4%17.7%23.8%22.9%27.2%0.9%36.6%21.5%23.1%−6.7%34.5%33.9%25.3%18.8%25.5%17.7%26.5%Sep 16Mar 17Sep 17Mar 18Sep 18Mar 19Jun 19
₹ croreSep 2014Dec 2014Mar 2015Jun 2015Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Q1Sep 2018Dec 2018Q3Mar 2019Jun 2019Q1
Revenue from operations901346726338154872409616414023696184157261128153128287
92887819263107711809510410517810811510218910611699209
Materials and goods bought–4029138255536131485457120576452134586144149
Employee costs–1519–10–811101112111614141313141113
Other expenses–3330–29–2738373936463537374235424346
Operating profit before depreciation−246−1071−264716602603557−1269557123362978
Operating margin−2.2%34.2%−15.3%27.1%−67.8%30.4%18.2%25.1%1.8%36.6%24.7%24.4%−12.3%37.5%34.8%27.4%17.7%23.8%22.9%27.2%
Depreciation and amortisation32022322223233533333
Other income1153323623355444458512
Finance costs00000000000001000000
Profit before one-off items and tax648−772−264620602613760−1170537225423186
One-off items–––––−63–−1––−1–––00000
Profit before tax648−772−264123601613758−1170537225423186
1101910−240174−460603810
Tax rate180.0%0.1%–12.3%–0.2%−7.0%6.1%3.3%1.4%17.9%6.5%–9.0%0.6%8.2%1.7%6.5%26.1%11.4%
Net profit−548−863−264124571603054−663536624392376
Other comprehensive income–––––––––––––––00030
Total comprehensive income–––––––––––––––6624392676
Net margin−5.3%36.1%−12.2%23.8%−69.9%26.5%27.7%23.6%0.9%36.6%21.5%23.1%−6.7%34.5%33.9%25.3%18.8%25.5%17.7%26.5%
Earnings per share−₹2.79₹28.00−₹4.78₹36.38−₹15.27₹23.62₹13.95₹32.78₹0.52₹34.72₹17.44₹31.56−₹3.70₹36.70₹30.79₹38.25₹13.95₹22.57₹13.10₹44.03
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
41654Mar 1036243Mar 1137450Mar 1244267Mar 13582123Mar 14556106Mar 15542101Mar 16641148Mar 17672165Mar 186701520Mar 19
Peak revenue ₹672 Cr, year to Mar 2018; lowest ₹362 Cr, year to Mar 2011

Operating and net margin, per cent

  • Operating margin
  • Net margin
25.2%11.8%15.7%25.0%20.9%19.9%24.5%25.2%23.8%12.9%11.8%13.4%15.2%21.1%19.1%18.7%23.0%24.5%22.7%Mar 10Mar 12Mar 14Mar 16Mar 18Mar 19

Results for the year to Mar 2019

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

From revenue to net profit

  1. Revenue670
  2. Materials and goods−297
  3. Employee costs−51
  4. Other expenses−161
  5. Operating profit160
  6. Depreciation−12
  7. Other income+22
  8. One-off items0.0
  9. Finance costs−1.1
  10. Profit before tax169
  11. Tax−17
  12. Net profit152

What the company owns

  • Plant, investments and other assets₹360 Cr
  • Inventory₹281 Cr
  • Current investments₹235 Cr
  • Receivables₹104 Cr
  • Cash and bank₹18 Cr

What pays for it: net worth and liabilities

  • Net worth₹707 Cr
  • Owed to suppliers₹149 Cr
  • Other liabilities₹143 Cr

Profit and loss

Standalone, ₹ crore, years to March. The last column is the twelve months to Jun 2019, the latest four quarters added.

₹ croreMar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Jun 2019Twelve months
Revenue from operations416362374442582556542641672670696
–––373436440434484503510529
Materials and goods bought230–8206244237255290293297313
Employee costs–––48–655144555151
Other expenses–––119–138128151155161165
Operating profit before depreciation–––70146116108157169160166
Operating margin–––15.7%25.0%20.9%19.9%24.5%25.2%23.8%23.9%
Materials, % of revenue–––46.5%–42.6%47.0%45.2%43.6%44.4%45.0%
Employee costs, % of revenue–––10.8%–11.7%9.4%6.8%8.2%7.6%7.4%
Other expenses, % of revenue–––26.9%–24.8%23.7%23.5%23.1%24.1%23.7%
Depreciation and amortisation–––1112899131212
Operating profit after depreciation–––5913410999148156148154
Other income78151713211413172230
Finance costs00111011111
Profit before one-off items and tax58506075146129112160172169183
One-off items––0–−7–−3−1−100
Profit before tax58506075139129109159171169183
47108162381161721
Net profit54435067123106101148165152162
Other comprehensive income–––––––––33
Total comprehensive income–––––––––154165
Net margin12.9%11.8%13.4%15.2%21.1%19.1%18.7%23.0%24.5%22.7%23.2%
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the year to Mar 2014 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 and Mar 2012: the statement does not state its depreciation, which operating profit is worked out from, so operating profit is not given.

Balance sheet

Standalone, ₹ crore, at 31 March.

₹ croreMar 2019
707
Share capital17
Reserves690
Borrowings0
281
11
999
310
685
Net debt−254
Borrowings are counted again inside the liabilities due within a year and after a year. No balance sheet is on record for the years to Mar 2010, Mar 2011, Mar 2012, Mar 2013, Mar 2014, Mar 2015, Mar 2016, Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.

Per share

Standalone, ₹ per share, years to March.

₹ per shareMar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Earnings per share₹61.59₹58.66₹85.48₹95.34₹87.87
Diluted earnings per share––––₹87.87
Book value per share––––₹409.56
Market cap at the year end (₹ crore)4,9382,8634,391–4,486

Ratios

Standalone, years to March.

RatioMar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue growth6.3%−12.9%3.2%18.4%31.5%−4.4%−2.7%18.3%4.9%−0.4%
Operating profit growth––––109.1%−20.0%−7.4%45.2%7.9%−5.6%
Net profit growth−26.8%−20.4%17.1%34.2%82.5%−13.5%−4.8%45.7%11.5%−7.8%
Earnings per share growth––––––−4.8%45.7%11.5%−7.8%
Return on equity–––––––––21.5%
Return on capital employed–––––––––20.9%
Interest cover–––83.9262.2264.7144.9134.2115.6130.8
Debt to equity–––––––––0.00
Receivable days–––––––––57
Inventory days–––––––––345
Payable days–––––––––183
Cash conversion cycle, days–––––––––219
Working capital days–––––––––82
Asset turnover–––––––––0.67
Assets per rupee of net worth–––––––––1.41
Sales per rupee of plant–––––––––5.81
Plant being built, % of plant in use–––––––––5.7%
No balance sheet is on record for the years to Mar 2010, Mar 2011, Mar 2012, Mar 2013, Mar 2014, Mar 2015, Mar 2016, Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.

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 2019.

Return on assets, latest year
15.2%
Measure10 years5 years3 years
Revenue growth, yearly rate5.5%2.8%7.3%
Profit growth, yearly rate7.5%4.3%14.4%
Operating margin, average–22.9%24.5%
Net margin, average18.3%21.6%23.4%
Interest cover, average–158.1126.9

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 2018Mar 2019
Altman Z-scorePublished threshold 1.1–––––––––8.59
Effective tax ratePublished threshold 17.16 per cent6.8214.8316.5410.1811.4217.587.257.023.5610.09
A threshold marked as ours has no published figure; it is the line we read the check against.

Business segments

In the year to Mar 2019 the company reports one business segment, Agriculture inputs, which carries all its revenue.

Where the return came from

Yearly rates to Mar 2019, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−5.8%−7.8%+2.2%0.0%
3 years+16.1%+14.4%+1.5%0.0%
5 years+11.6%––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.

Monsanto India share price by year

Each calendar year to 2019.

YearClose at year endChangeHighest closeLowest close
20192,232.65−14.8%2,667.851,931.25
20182,621.70+3.4%3,129.502,456.55
20172,535.10+13.0%2,944.352,245.25
20162,243.25+1.9%2,654.151,564.55
20152,201.10−22.4%3,589.602,186.20
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. The 2019 close is its last trade, on 26 Sep 2019.

Recent sessions

The 10 trading days to 26 Sep 2019, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
26 Sep 20192,220.152,254.002,209.952,232.652,229.612,163
25 Sep 20192,228.002,290.102,166.002,241.552,228.635,239
24 Sep 20192,200.002,220.802,135.552,180.052,180.632,380
23 Sep 20192,152.152,223.002,152.152,199.552,200.054,136
20 Sep 20192,099.852,199.952,055.002,133.852,131.0012,131
19 Sep 20192,115.002,170.002,057.602,073.652,094.593,540
18 Sep 20192,094.302,122.452,063.002,094.152,083.082,575
17 Sep 20192,143.002,175.102,092.652,101.402,146.206,242
16 Sep 20192,089.952,158.002,081.002,142.102,120.107,480
13 Sep 20192,143.902,143.902,054.802,076.402,082.691,792
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
5 Oct 2011Price move–Between two trading sessions the price fell 47% or more, or rose 90% or more. No corporate action is on record. Earlier prices are not shown.
Where an event has no factor that can be worked out, the chart leaves out the closes before it.

Company details

BSE code
524084
ISIN
INE274B01011
Former symbols
MONSANTO
CIN
L74999MH1949PLC007912
Corporate identity number, the registrar of companies' code for it
Incorporated
1949
Registered office
Ahura Centre, 5th Floor, 96, Mahakali Caves Road, Andheri (East), Mumbai 400093, Maharashtra
Share registrar
Link Intime India Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments