Navketan Merchants (Delisted) share price

BSE: 539525Retailing

Navketan Merchants Limited · Face value ₹10 · Listed Dec 2015

Last traded ₹1.04 on 9 May 2022

Delisted on 20 Jun 2023.

Last announcements

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

  1. Jan 2021

    • 21 Jan · Shareholding for the Period Ended December 31, 2020

      Shareholding Pattern for the Period Ended December 31, 2020. For more details, kindly Click ....
    • 21 Jan · Statement Of Investor Complaints For The Quarter Ended December 2020

      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 0 0 0
  2. Dec 2020

Share price history

Daily closes since Jan 2016, adjusted for splits and bonuses

Daily close, ₹ per share

Results for the quarter to Sep 2020

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

Revenue
₹0.04 Cr
Operating profit
−₹0.01 Cr
Net profit
−₹0.01 Cr
Earnings per share
₹0.00
Operating margin
−24.2%
Net margin
−24.4%

From revenue to net profit, ₹ crore

  1. Revenue0.0
  2. Materials and goods0.0
  3. Employee costs0.0
  4. Other expenses0.0
  5. Operating profit0.0
  6. Depreciation0.0
  7. Other income0.0
  8. Finance costs0.0
  9. Profit before tax0.0
  10. Tax0.0
  11. Net profit0.0

Navketan Merchants results by quarter

Standalone: the listed company alone, without its subsidiaries. Latest quarter to Sep 2020. Results for the quarter to Dec 2020 were due by 14 Feb 2021, 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
0.20.0Dec 170.20.0Mar 180.00.0Jun 180.10.0Sep 1800.0Dec 180.00.0Mar 1900.0Jun 1900.0Sep 1900.0Dec 1900.0Mar 2000.0Jun 200.00.0Sep 20
Peak revenue ₹0.18 Cr, quarter to Mar 2018; lowest ₹0.00 Cr, quarter to Dec 2018A loss in 8 of the 12 quarters shown

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
6.8%−130.0%−129.3%−42.8%−68.6%−24.2%5.4%6.8%−130.0%−40.5%−69.1%−24.4%Dec 17Jun 18Dec 18Jun 19Dec 19Jun 20Sep 20
₹ croreDec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Q1Sep 2018Dec 2018Q3Mar 2019Jun 2019Q1Sep 2019Dec 2019Q3Mar 2020Jun 2020Q1Sep 2020
Revenue from operations0.19–0.580.310.251.245.880.100.170.180.020.110.000.020.000.000.000.000.000.04
––––––––––0.030.160.030.030.050.010.020.010.040.05
Materials and goods bought––0.510.03–1.175.80–––0.010.100.000.020.000.000.000.000.000.04
Employee costs––––––––––0.020.020.020.010.010.010.010.010.000.01
Other expenses––––––––––0.000.040.010.010.040.000.010.000.040.00
Operating profit before depreciation––––––––––−0.02−0.05−0.03−0.01−0.05−0.01−0.02−0.01−0.04−0.01
Operating margin––––––––––−129.3%−42.8%–−68.6%–––––−24.2%
Depreciation and amortisation–––0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Other income––––––––0.02–0.000.000.010.000.000.030.000.020.000.00
Finance costs––––––––––0.000.000.000.000.000.000.000.000.000.00
One-off items––––––––––0.000.000.000.000.000.000.000.000.000.00
Profit before tax0.00–0.010.010.010.030.02−0.010.010.02−0.02−0.05−0.02−0.01−0.050.01−0.020.01−0.04−0.01
Tax0.00–0.000.000.000.010.010.000.000.010.000.000.000.000.000.000.000.000.000.00
Tax rate50.0%–33.3%33.3%20.0%32.0%31.6%–25.0%33.3%–––––0.0%–0.0%––
Net profit0.00–0.010.000.000.020.01−0.010.010.01−0.02−0.05−0.02−0.01−0.050.01−0.020.01−0.04−0.01
Net margin0.5%–1.0%1.3%1.2%1.4%0.2%−10.3%5.4%6.8%−130.0%−40.5%–−69.1%–––––−24.4%
Earnings per share––₹0.00₹0.00₹0.00₹0.01₹0.00₹0.00₹0.00–––₹0.00₹0.00–₹0.00–₹0.00–₹0.00
Earnings per share in rupees, restated for later splits and bonuses. No results on record for the quarter to Mar 2016.

4 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
2.40.0Mar 176.30.0Mar 180.1−0.10Mar 1900.00Mar 20
Peak revenue ₹6.33 Cr, year to Mar 2018; lowest ₹0.00 Cr, year to Mar 2020A loss in 2 of the 4 years shown

Operating and net margin, per cent

  • Operating margin
  • Net margin
1.3%−74.2%−74.2%1.3%0.4%−64.3%Mar 17Mar 18Mar 19Mar 20

Results for the year to Mar 2020

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

From revenue to net profit

  1. Revenue0.0
  2. Employee costs0.0
  3. Other expenses−0.1
  4. Operating profit−0.1
  5. Depreciation0.0
  6. Other income0.0
  7. One-off items0.0
  8. Finance costs0.0
  9. Profit before tax0.0
  10. Tax0.0
  11. Net profit0.0

What the company owns

  • Plant, investments and other assets₹25 Cr
  • Receivables₹18 Cr
  • Cash and bank₹0 Cr
  • Inventory₹0 Cr

What pays for it: net worth and liabilities

  • Net worth₹43 Cr
  • Other liabilities₹0 Cr

Profit and loss

Standalone, ₹ crore, years to March. The last column is the twelve months to Sep 2020, the latest four quarters added.

₹ croreMar 2017Mar 2018Mar 2019Mar 2020Sep 2020Twelve months
Revenue from operations2.376.330.150.000.04
––0.260.100.13
Materials and goods bought2.136.170.130.000.04
Employee costs––0.060.040.03
Other expenses––0.060.060.06
Operating profit before depreciation––−0.11−0.10−0.09
Operating margin––−74.2%––
Materials, % of revenue––90.5%––
Employee costs, % of revenue––41.5%––
Other expenses, % of revenue––42.2%––
Depreciation and amortisation0.000.000.000.000.00
Operating profit after depreciation––−0.11−0.10−0.09
Other income–0.020.020.050.02
Finance costs––0.000.000.00
One-off items––0.000.000.00
Profit before tax0.040.04−0.09−0.05−0.07
Tax0.010.010.000.000.00
Net profit0.030.03−0.09−0.05−0.07
Net margin1.3%0.4%−64.3%––
Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the years to Mar 2017 and Mar 2018: the statement does not state its finance costs, which operating profit is worked out from, so operating profit is not given.

Balance sheet

Standalone, ₹ crore, at 31 March. The last column is the half year to Sep 2020, after the latest full year: the balance sheet at its end.

₹ croreMar 2019Mar 2020Sep 2020Half year
43.443.343.3
Share capital36.136.136.1
Reserves7.37.37.2
Borrowings0.00.00.0
0.00.00.0
Liabilities due after a year0.00.00.0
Total assets43.443.343.3
1.11.20.0
42.242.143.3
Net debt−0.1−0.1−0.1
Borrowings are counted again inside the liabilities due within a year and after a year. Plant in use and plant being built are given for full years only. No balance sheet is on record for the years to Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.

Cash flow

Standalone, ₹ crore, years to March. The last column is the half year to Sep 2020, after the latest full year: the cash flow over its six months.

₹ croreSep 2020Half year
−1.22
−1.17
Receivables−1.20
Payables0.04
Capital spending0.00
Free cash flow−1.22
Cash from investing1.21
Cash from financing0.00
Dividends paid0.00
Shares bought back0.00
Shares issued0.00
Net change in cash−0.01
Capital spending is part of cash from investing, and dividends paid, shares bought back and shares issued are part of cash from financing. Each is shown as an amount on a line of its own, and the section's other items are in its total only.

Per share

Standalone, ₹ per share, years to March.

₹ per shareMar 2017Mar 2018Mar 2019Mar 2020
Earnings per share₹0.01₹0.01––
Diluted earnings per share₹0.01₹0.01––
Earnings per share is left blank for the years to Mar 2019 and Mar 2020: the earnings per share is stated as 0 while the period's profit or loss comes to at least half a paisa a share, so the 0 stands in for a figure the filing does not give.

Ratios

Standalone, years to March.

RatioMar 2018Mar 2019Mar 2020
Revenue growth166.8%−97.7%−100.0%
Net profit growth−16.7%––
Earnings per share growth25.0%––
Return on equity–−0.2%–
Return on capital employed–−0.3%−0.2%
Debt to equity–0.000.00
Receivable days–51,144–
Inventory days–69–
Payable days–0–
Cash conversion cycle, days–51,213–
Working capital days–1,04,485–
Asset turnover–0.000.00
Assets per rupee of net worth–1.001.00
Sales per rupee of plant–72.460.00
Plant being built, % of plant in use–0.0%0.0%
No balance sheet is on record for the years to 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 2020.

Return on assets, latest year
−0.1%
Measure3 years
Return on capital employed, average−0.2%
Net margin, average−32.0%
Asset turnover, average0.00
Debt to equity, average0.00

Accounting checks

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

CheckMar 2017Mar 2018Mar 2019Mar 2020
Altman Z-scorePublished threshold 1.1––7,509.6935,270.54
Receivables growth less revenue growthOur threshold 0 percentage points–––88.20
Inventory growth less cost-of-goods growthOur threshold 0 percentage points–––100.00
Effective tax ratePublished threshold 17.16 per cent31.8231.43––
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 2020 the company reports one business segment, Trading of Yarn and Sarees, which carries all its revenue.

Where the return came from

Yearly rates to Mar 2020, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−44.1%––0.0%
3 years−65.6%––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.

Navketan Merchants share price by year

Each calendar year to 2022.

YearClose at year endChangeHighest closeLowest close
20221.04−19.4%1.551.04
20211.29+290.9%3.310.32
20200.33+57.1%0.360.19
20190.21−72.7%0.800.19
20180.77−33.0%1.190.66
20171.15−87.8%9.100.80
20169.46–12.755.89
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. The 2022 close is its last trade, on 9 May 2022.

Recent sessions

The 10 trading days to 9 May 2022, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
9 May 20221.041.041.041.041.0415,499
2 May 20221.091.091.091.091.097,230
25 Apr 20221.241.241.141.141.1515,023
18 Apr 20221.151.261.141.191.1927,661
11 Apr 20221.201.201.151.201.1831,669
4 Apr 20221.151.201.151.151.1639,536
28 Mar 20221.121.171.121.151.1220,624
21 Mar 20221.291.291.171.171.2159,696
14 Mar 20221.181.231.131.231.2081,596
7 Mar 20221.181.181.181.181.188,143
Prices in ₹ per share as traded, not adjusted.

Company details

BSE code
539525
ISIN
INE365G01016
Industry
Retailing
CIN
L51909WB1994PLC062027
Corporate identity number, the registrar of companies' code for it
Incorporated
1994
Registered office
12, Waterloo Street, Kolkata 700069, West Bengal
Share registrar
ABS Consultant Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments