Mukesh Strips (Delisted) share price

BSE: 517374

Mukesh Strips Ltd. · Face value ₹10

Last traded ₹37.55 on 6 Feb 2017

Delisted on 11 May 2018.

Last announcements

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

  1. Feb 2017

  2. Dec 2016

  3. Oct 2016

Share price history

Daily closes since Jan 2007, adjusted for splits and bonuses

Daily close, ₹ per share

Results for the quarter to Dec 2016

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

Net profit
−₹0.02 Cr
Earnings per share
−₹0.06

From revenue to net profit, ₹ crore

  1. Depreciation0.0
  2. Other income0.0
  3. Profit before tax0.0
  4. Net profit0.0

Mukesh Strips results by quarter

Standalone: the listed company alone, without its subsidiaries. Latest quarter to Dec 2016. Results for the quarter to Mar 2017 were due by 30 May 2017, 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
28−0.4Mar 1411−0.2Jun 14120.1Sep 149.60.1Dec 14Mar 156.3−0.5Jun 152.6−2.0Sep 151.3−0.4Dec 15Mar 16Jun 163.70.0Sep 160.0Dec 16
Peak revenue ₹28 Cr, quarter to Mar 2014; lowest ₹1.31 Cr, quarter to Dec 2015A loss in 7 of the 9 quarters with results on record

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
12.5%−77.2%−1.6%1.6%5.6%3.9%−6.1%−37.4%12.5%−1.6%−2.2%1.0%0.8%−8.1%−77.2%−30.0%−0.6%Mar 14Sep 14Mar 15Sep 15Mar 16Sep 16Dec 16
₹ croreMar 2012Jun 2012Sep 2012Dec 2012Mar 2013Jun 2013Sep 2013Dec 2013Mar 2014Jun 2014Sep 2014Dec 2014Mar 2015Jun 2015Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016
Revenue from operations22.115.517.717.216.413.211.710.428.210.812.09.6–6.32.61.3––3.7–
22.215.117.216.915.912.611.39.928.610.611.39.3–6.73.61.1––––
Materials and goods bought18.313.613.414.216.011.59.78.524.79.29.87.7–6.23.20.8––3.7–
Employee costs0.10.10.10.1–0.10.20.10.00.00.10.1–0.10.10.1––––
Other expenses3.81.43.72.6–1.01.41.44.01.41.41.5–0.50.30.2––––
Operating profit before depreciation−0.10.40.40.40.50.60.50.4−0.40.20.70.4–−0.4−1.00.2––––
Operating margin−0.4%2.4%2.5%2.1%3.0%4.8%4.0%4.0%−1.6%1.6%5.6%3.9%–−6.1%−37.4%12.5%––––
Depreciation and amortisation0.10.10.10.10.00.10.10.10.00.10.10.1–0.00.00.0––0.00.0
Other income0.20.00.00.20.30.00.00.00.30.00.0–––0.00.0––0.00.0
Finance costs0.20.20.30.40.80.50.40.30.30.40.50.2–0.01.00.5––––
Profit before tax−0.30.20.00.10.00.10.10.1−0.5−0.20.10.1–−0.5−2.0−0.4––0.00.0
Tax−0.10.00.00.00.00.00.00.0−0.1–––––––––––
Tax rate–30.6%46.2%27.8%111.6%27.8%40.0%32.1%––––––––––––
Net profit−0.20.10.00.10.00.10.00.1−0.4−0.20.10.1–−0.5−2.0−0.4––0.00.0
Net margin−1.1%0.7%0.1%0.4%0.0%0.5%0.4%0.5%−1.6%−2.2%1.0%0.8%–−8.1%−77.2%−30.0%––−0.6%–
Earnings per share–₹0.32₹0.03₹0.19–₹0.19₹0.11₹0.14–−₹0.64₹0.33––−₹1.40−₹5.46−₹0.39––−₹0.06−₹0.06
Earnings per share in rupees, restated for later splits and bonuses. No results on record for the quarters to Mar 2015, Mar 2016 and Jun 2016.

8 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
360.3Mar 08670.2Mar 09390.4Mar 10420.3Mar 11570.2Mar 12670.2Mar 1363−0.3Mar 1445−1.0Mar 15
Peak revenue ₹67 Cr, year to Mar 2013; lowest ₹36 Cr, year to Mar 2008A loss in 2 of the 8 years shown

Operating and net margin, per cent

  • Operating margin
  • Net margin
2.9%−7.5%2.2%0.6%1.7%2.9%2.0%2.5%1.7%−7.5%0.8%0.3%0.9%0.7%0.4%0.3%−0.4%−2.3%Mar 08Mar 09Mar 10Mar 11Mar 12Mar 13Mar 14Mar 15

Results for the year to Mar 2015

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

From revenue to net profit

  1. Revenue45
  2. Materials and goods−43
  3. Employee costs−0.5
  4. Other expenses−5.0
  5. Operating profit−3.4
  6. Depreciation−0.2
  7. Other income+3.1
  8. Finance costs−2.2
  9. Profit before tax−2.6
  10. Tax+1.6
  11. Net profit−1.0

Profit and loss

Standalone, ₹ crore, years to March.

₹ croreMar 2008Mar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015
Revenue from operations35.666.739.041.857.166.863.545.2
34.866.238.340.556.065.162.448.6
Materials and goods bought–58.829.8–47.357.354.443.0
Employee costs–0.10.2–0.30.40.30.5
Other expenses–7.48.3–8.37.57.75.0
Operating profit before depreciation0.80.40.61.21.11.71.1−3.4
Operating margin2.2%0.6%1.7%2.9%2.0%2.5%1.7%−7.5%
Materials, % of revenue–88.2%76.6%–82.9%85.7%85.6%95.2%
Employee costs, % of revenue–0.1%0.6%–0.5%0.6%0.5%1.1%
Other expenses, % of revenue–11.1%21.2%–14.6%11.2%12.2%11.1%
Depreciation and amortisation0.10.10.20.20.30.20.20.2
Operating profit after depreciation0.70.30.41.00.91.40.9−3.6
Other income0.10.50.5–0.30.60.33.1
Finance costs0.30.40.50.60.81.71.52.2
Profit before tax0.40.30.40.50.40.3−0.3−2.6
0.10.10.10.10.10.10.0−1.6
Net profit0.30.20.40.30.20.2−0.3−1.0
Net margin0.8%0.3%0.9%0.7%0.4%0.3%−0.4%−2.3%
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the years to Mar 2008 and Mar 2011 they do not, so they are left blank.

Per share

Standalone, ₹ per share, years to March.

₹ per shareMar 2008Mar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015
Earnings per share₹0.82–––₹0.60₹0.52–−₹2.83
Diluted earnings per share––––₹0.60₹0.52––
Market cap at the year end (₹ crore)4.62–––2.622.02–3.86

Ratios

Standalone, years to March.

RatioMar 2008Mar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015
Revenue growth–87.2%−41.5%7.2%36.6%17.0%−5.0%−28.8%
Operating profit growth–−47.8%59.5%89.7%−8.9%47.9%−35.0%–
Net profit growth–−25.5%70.0%−13.2%−29.0%−14.1%––
Earnings per share growth–––––−13.3%––
Interest cover2.10.70.91.81.10.80.6–
Interest cover is left blank for the year to Mar 2015: 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 2015.

Measure5 years3 years
Revenue growth, yearly rate3.0%−7.5%
Operating margin, average0.3%−1.1%
Net margin, average−0.3%−0.8%
Interest cover, average1.10.7

Accounting checks

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

CheckMar 2008Mar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015
Effective tax ratePublished threshold 17.16 per cent31.2230.0018.3131.1138.5541.80––
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 Mar 2015, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+74.4%––0.0%
3 years+10.6%––0.0%
5 years−7.1%––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. Earnings growth over 3 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.

Mukesh Strips share price by year

Each calendar year to 2017.

YearClose at year endChangeHighest closeLowest close
201737.55−12.2%40.6537.55
201642.75+0.5%65.9030.00
201542.55+507.9%42.606.68
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2017 is from its first session, 24 Jan 2017. 2015 is from its first session, 2 Mar 2015. The close is the year's last trade for 2017 (6 Feb 2017) and 2016 (10 Nov 2016).

Recent sessions

The 10 trading days to 6 Feb 2017, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
6 Feb 201737.5537.5537.5537.5537.5520
27 Jan 201739.5039.5039.5039.5039.501
25 Jan 201738.6538.6538.6538.6538.651
24 Jan 201740.6540.6540.6540.6540.651,200
10 Nov 201642.7542.7542.7542.7542.753,000
7 Nov 201644.9544.9544.9544.9544.951
28 Oct 201642.9042.9042.9042.9042.9010
25 Oct 201640.9040.9040.9040.9040.901
21 Oct 201639.0039.0039.0039.0039.0010
20 Oct 201637.0037.5037.0037.2037.18200
Prices in ₹ per share as traded, not adjusted.

Company details

BSE code
517374
ISIN
INE946G01013
CIN
L27310PB1992PLC012160
Corporate identity number, the registrar of companies' code for it
Incorporated
1992
Registered office
Village Dhandari Khurd, Near Phase VII of Focal Point, Ludhiana 141001, Punjab
Share registrar
Skyline Financial Services Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments