Mounteverest Trading & Investment (Delisted) share price

BSE: 532724

Mounteverest Trading & Investment Ltd. · Face value ₹10 · Listed Apr 2006

Last traded ₹207.85 on 3 Dec 2010

Delisted on 28 Jan 2011.

Last announcements

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

  1. Dec 2010

  2. Nov 2010

    • 24 Nov · Business

      Hon'ble High Court of Chhattisgarh has sanctioned the scheme of merger between Monnet Ispat & Energy Limited & Mounteverest Trading ....
  3. Oct 2010

    • 29 Oct · Results

      Financial Results for the Quarter ended September 30, 2010.
  4. Sep 2010

    • 22 Sep · Meeting

      Merger process of the Company into Monnet Ispat & Energy Ltd. is in process in the Hon'ble High Court of Chhattisgarh at ....
  5. Aug 2010

Share price history

Daily closes since Feb 2010, adjusted for splits and bonuses. Earlier closes are left out: on 10 Feb 2010 the price changed in a way no corporate action on record explains.

Daily close, ₹ per share

Results for the quarter to Sep 2010

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

Revenue
₹0.89 Cr−10.1% on a year ago · −34.9% on the quarter before
Operating profit
−₹2.86 Cr
Net profit
−₹2.86 Cr
Operating margin
−321.2%
Net margin
−321.3%

From revenue to net profit, ₹ crore

  1. Revenue0.9
  2. Operating expenses−3.7
  3. Operating profit−2.9
  4. Depreciation−0.1
  5. Finance costs0.0
  6. Profit before tax−3.0
  7. Tax+0.1
  8. Net profit−2.9

Mounteverest Trading & Investment results by quarter

Standalone: the listed company alone, without its subsidiaries. Latest quarter to Sep 2010. Results for the quarter to Dec 2010 were due by 14 Feb 2011, 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
3.93.2Dec 071.6−4.2Mar 08Jun 080.1−1.9Sep 080.0−5.2Dec 080.8−1.1Mar 094.82.2Jun 091.01.8Sep 091.11.1Dec 093.42.4Mar 101.40.5Jun 100.9−2.9Sep 10
Peak revenue ₹4.76 Cr, quarter to Jun 2009; lowest ₹0.02 Cr, quarter to Dec 2008A loss in the quarter to Sep 2010, −₹2.86 Cr

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
184.9%−23,427.3%−288.6%−1,425.0%−22,890.5%3.8%99.3%96.4%97.3%90.3%51.8%−321.2%82.7%−256.0%−1,563.7%−23,427.3%−134.5%46.9%184.9%95.4%71.3%34.4%−321.3%Dec 07Jun 08Dec 08Jun 09Dec 09Jun 10Sep 10
₹ croreSep 2007Dec 2007Mar 2008Jun 2008Sep 2008Dec 2008Mar 2009Jun 2009Sep 2009Dec 2009Mar 2010Jun 2010Sep 2010
Revenue from operations4.773.901.63–0.120.020.834.760.991.143.431.370.89
––6.33–1.895.060.790.030.040.030.330.663.74
Employee costs––0.03–0.010.010.010.010.010.010.01––
Other expenses––6.31–1.965.050.790.030.030.020.32––
Operating profit before depreciation––−4.70–−1.77−5.040.034.720.951.113.100.71−2.86
Operating margin––−288.6%–−1,425.0%−22,890.5%3.8%99.3%96.4%97.3%90.3%51.8%−321.2%
Depreciation and amortisation––0.02–0.010.010.090.110.110.110.110.110.11
Finance costs––0.01–0.080.110.991.93−1.38−0.300.100.010.01
Profit before tax4.693.62−4.75–−1.93−5.15−1.052.692.221.302.890.59−2.97
Tax0.540.40−0.58–0.010.000.060.460.390.210.440.12−0.12
Tax rate11.5%11.0%–––––17.0%17.7%16.2%15.3%20.1%–
Net profit4.153.22−4.17–−1.94−5.15−1.112.231.831.092.450.47−2.86
Net margin87.0%82.7%−256.0%–−1,563.7%−23,427.3%−134.5%46.9%184.9%95.4%71.3%34.4%−321.3%
Earnings per share–––––––––––₹0.85–
Diluted earnings per share–––––––––––₹0.25–
Earnings per share in rupees, restated for later splits and bonuses. No results on record for the quarter to Jun 2008.

3 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
114.2Mar 081.0−10Mar 09107.6Mar 10
Peak revenue ₹11 Cr, year to Mar 2008; lowest ₹0.97 Cr, year to Mar 2009Back to profit in the year to Mar 2010, ₹7.59 Cr

Operating and net margin, per cent

  • Operating margin
  • Net margin
95.8%−1,038.8%37.3%−897.2%95.8%37.9%−1,038.8%73.6%Mar 08Mar 09Mar 10

Results for the year to Mar 2010

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

From revenue to net profit

  1. Revenue10
  2. Employee costs0.0
  3. Other expenses−0.4
  4. Operating profit9.9
  5. Depreciation−0.4
  6. Finance costs−0.4
  7. Profit before tax9.1
  8. Tax−1.5
  9. Net profit7.6

Profit and loss

Standalone, ₹ crore, years to March. The last column is the twelve months to Sep 2010, the latest four quarters added.

₹ croreMar 2008Mar 2009Mar 2010Sep 2010Twelve months
Revenue from operations11.21.010.36.8
7.09.70.44.8
Employee costs–0.00.0–
Other expenses–9.70.4–
Operating profit before depreciation4.2−8.79.92.1
Operating margin37.3%−897.2%95.8%30.2%
Employee costs, % of revenue–2.7%0.3%–
Other expenses, % of revenue–994.4%3.9%–
Depreciation and amortisation0.00.10.40.4
Operating profit after depreciation4.1−8.89.51.6
Other income0.7–––
Finance costs0.01.20.4−0.2
Profit before tax4.8−10.09.11.8
Tax0.50.11.50.7
Net profit4.2−10.17.61.1
Net margin37.9%−1,038.8%73.6%16.8%
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the year to Mar 2008 they do not, so they are left blank.

Ratios

Standalone, years to March.

RatioMar 2008Mar 2009Mar 2010
Revenue growth–−91.3%961.1%
Interest cover153.4–26.4
Interest cover is left blank for the year to Mar 2009: 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 2010.

Measure3 years
Operating margin, average−254.7%
Net margin, average−309.1%
Interest cover, average89.9

Accounting checks

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

CheckMar 2008Mar 2009Mar 2010
Effective tax ratePublished threshold 17.16 per cent10.96–16.52
A threshold marked as ours has no published figure; it is the line we read the check against.

Recent sessions

The 10 trading days to 3 Dec 2010, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
3 Dec 2010201.00220.00201.00207.85208.64574
2 Dec 2010212.00212.00210.00210.00–29
1 Dec 2010204.00214.90204.00214.90–62
30 Nov 2010200.50202.00199.50202.00200.133,530
29 Nov 2010209.90209.90190.00200.00197.571,658
26 Nov 2010214.95214.95200.00200.15205.624,175
25 Nov 2010208.00218.00205.05212.00213.905,943
24 Nov 2010220.00220.00205.05206.00216.405,207
23 Nov 2010210.00210.00210.00210.00210.0035
22 Nov 2010210.00215.00210.00214.95210.09204
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
10 Feb 2010Price 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
532724
ISIN
INE492H01016
Registered office
Plot No. 216, Urla Industrial Complex, Sector C, Raipur 493221, Chhattisgarh
Share registrar
MCS Share Transfer Agent Ltd
Keeps the register of shareholders and handles transfers and dividend payments