Netflier Finco (Delisted) share price
BSE: 532860
Netflier Finco Limited · 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 · Listed Jun 2007
Last traded ₹9.74 on 20 Nov 2008
Delisted on 19 Dec 2008.
Last announcements
The company's own last announcements before its shares stopped trading, routine notices left out.
Nov 2008
17 Nov · Suspension of trading in equity shares
Members of the Exchange are hereby informed that the trading in equity shares of Netflier Finco Limited shall be suspended w.e.f. November 21, 2008 (i.e. closing hours of trading on November 20, 2008) on account of Scheme of Amalgamation of Netflier Finco Limited with Bengal & Assam Company Limited.14 Nov · Corporate action
Scheme of Amalgamation between Ashim Investment Company Limited (AICL) and its 4 wholly-owned subsidiaries namely Mayfair Finance Limited, Sidhi Vinayak Investment Limited, Terrestrial Finance Limited and Yashodhan Investment Limited and Netflier Finco Limited (NFL) and its 4 wholly-owned subsidiaries namely Hansdeep Investment Limited, Hidrive Finance Limited, Panchanan Investment Limited and Radial Finance Limited into and with Bengal & Assam Company Limited (BACL), has been sanctioned by the Hon'ble High Court of Delhi on August 22, 2008 and the certified true copy of the Order of the said High Court dated October 24, 2008 has been filed with the Registrar of Companies, NCT of Delhi & Haryana pursuant to Section 394(1) of the Companies Act, 1956 on November 11, 2008. Consequently the said Scheme has become effective on November 11, 2008 and operative with effect from the Appointed Date i..e April 01, 2007. With effect from the Appointed Date (i.e. April 01, 2007) and upon the Scheme becoming effective, all the assets and liabilities and the entire business of the Amalgamating Companies shall stand transferred to and vested in the Amalgamated Company without any further act or deed and each of the Amalgamating Companies shall stand dissolved without being wound up and accordingly Netflier Finco Limited together with its four wholly owned subsidiary companies stand dissolved and amalgamated into and with Bengal & Assam Company Limited. Further, pursuant to clause 5.10 of Part V of the said Scheme, the Directors of the Company at their meeting held on November 12, 008 has fixed the Record Date as November 28, 2008 for the following purpose: Upon the Scheme becoming effective, every equity shareholder of NFL shall, without any application, act or deed, be entitled to be issued 17 equity shares of the face value of Rs.10 each, credited as fully paid-up, of Bengal & Assam Company Limited (BACL), for every 73 fully paid equity shares of Rs.10 each held by such shareholder in NFL, as on the Record Date. A copy of the detailed note on the Scheme of Amalgamation 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.
Oct 2008
22 Oct · Board meeting
Meeting on 31 Oct 2008: “Unaudited financial results for qtr ended September 30, 2008”
Jul 2008
17 Jul · Board meeting
Inter alia, approving Unaudited Financial Results of the Company for quarter ended June 30, 2008 of the Financial year 2008-2009.
Apr 2008
29 Apr · Notice of Meeting
By an order made on March 07, 2008, the Hon'ble High Court of Delhi at New Delhi, has directed that a meeting of the Equity Shareholders of the Applicant / Transferor Company No. 6 (Netflier Finco Limited), be held on May 14, 2008, for the purpose of considering, an if thought fit, approving with or without modification(s), the proposed Scheme of Amalgamation between Ashim Investment Company Limited and its wholly-owned subsidiaries - Mayfair Finance Limited, Sidhi Vinayak Investment Limited, Terrestrial Finance Limited and Yashodhan Investment Limited and Netflier Finco Limited and its wholly-owned subsidiaries - Hansdeep Investment Limited, Hidrive Finance Limited, Panchanan Investment Limited and Radial Finance Limited into and with Bengal & Assam Company Limited. A copy of the Notice of Meeting 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.21 Apr · Board meeting
Inter alia, for approving Un-audited Financial Results of the Company for the quarter ended March 31, 2008 of the Financial Year 2006-2008.
Results for the quarter to Sep 2008
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
- ₹1.23 Cr+1,383.1% on a year ago · +1,478.2% 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
- ₹1.22 Cr+4,429.6% on a year ago · +1,938.3% on the quarter before
- Net margin
- 99.4%
From revenue to net profit, ₹ crore
- Revenue1.2
- Depreciation0.0
- Other income+0.1
- Profit before tax1.3
- Tax0.0
- Net profit1.2
Netflier Finco results by quarter
Standalone: the listed company alone, without its subsidiaries. Latest quarter to Sep 2008. Results for the quarter to Dec 2008 were due by 14 Feb 2009, 45 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 ₹1.50 Cr, quarter to Dec 2007; lowest ₹0.07 Cr, quarter to Mar 2008
Operating and net margin by quarter, per cent
- Operating margin
- Net margin
| ₹ crore | Sep 2007 | Dec 2007 | Mar 2008 | Jun 2008 | Sep 2008 |
|---|---|---|---|---|---|
| Revenue from operations | 0.08 | 1.50 | 0.07 | 0.08 | 1.23 |
| 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 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
| 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 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 |
| Profit before tax | 0.00 | 1.49 | 0.06 | 0.08 | 1.26 |
| −0.03 | 0.01 | 0.02 | 0.02 | 0.03 | |
| Current taxCurrent tax. Income tax payable on the period's own taxable profit. Current tax in the glossary | – | 0.00 | 0.01 | 0.01 | 0.03 |
| Deferred taxDeferred tax. Tax charged or credited now that will be paid or saved in later years, because the tax rules count some income and costs in a different year from the accounts. Deferred tax in the glossary | – | 0.00 | 0.02 | 0.01 | 0.01 |
| Tax rateEffective tax rate. Tax charged as a percentage of profit before tax. Effective tax rate in the glossary | −1,250.0% | 0.3% | 36.1% | 24.1% | 2.5% |
| Net profit | 0.03 | 1.49 | 0.04 | 0.06 | 1.22 |
| Net margin | 32.5% | 99.1% | 54.2% | 76.9% | 99.4% |
Earnings per share in rupees, restated for later splits and bonuses.
1 year at a glance
Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to September.
Revenue, net profit and borrowings, ₹ crore
- Revenue
- Net profit
- Borrowings
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 Sep 2007
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
From revenue to net profit
- Revenue0.1
- Depreciation−0.1
- Other income+0.3
- Profit before tax0.1
- Tax0.0
- Net profit0.1
Profit and loss
Standalone, ₹ crore, years to September. The last column is the twelve months to Sep 2008, the latest four quarters added.
| ₹ crore | Sep 2007 | Sep 2008Twelve months |
|---|---|---|
| Revenue from operations | 0.15 | 2.88 |
| Depreciation and amortisation | 0.08 | 0.08 |
| Other income | 0.32 | 0.33 |
| Profit before tax | 0.11 | 2.89 |
| −0.03 | 0.08 | |
| Current tax | – | 0.04 |
| Deferred tax | – | 0.04 |
| Net profit | 0.13 | 2.81 |
| Net margin | 88.6% | 97.5% |
Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the year to Sep 2007: the statement does not state its finance costs, which operating profit is worked out from, so operating profit is not given.
Accounting checks
Standalone, years to September. Published tests of whether reported profit is backed by cash and the balance sheet.
| Check | Sep 2007 |
|---|---|
| Effective tax ratePublished threshold 17.16 per cent | −23.15 |
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 20 Nov 2008, as traded on BSE.
| Date | Open | High | Low | Close | Average price | Volume |
|---|---|---|---|---|---|---|
| 20 Nov 2008 | 13.50 | 13.85 | 9.40 | 9.74 | 9.83 | 11,036 |
| 19 Nov 2008 | 10.50 | 13.80 | 10.50 | 11.60 | 11.62 | 1,292 |
| 18 Nov 2008 | 11.75 | 13.75 | 11.75 | 12.07 | 12.05 | 2,332 |
| 17 Nov 2008 | 11.30 | 12.86 | 11.00 | 12.86 | 11.09 | 521 |
| 12 Nov 2008 | 11.11 | 13.00 | 11.11 | 13.00 | 12.32 | 368 |
| 11 Nov 2008 | 14.50 | 14.50 | 12.50 | 13.01 | 13.04 | 360 |
| 10 Nov 2008 | 13.50 | 13.50 | 13.50 | 13.50 | 13.50 | 50 |
| 5 Nov 2008 | 13.15 | 13.30 | 13.15 | 13.28 | 13.20 | 688 |
| 4 Nov 2008 | 12.05 | 14.95 | 11.26 | 14.85 | 14.16 | 575 |
| 3 Nov 2008 | 13.50 | 13.50 | 13.50 | 13.50 | 13.50 | 100 |
Prices in ₹ per share as traded, not adjusted.
Company details
- BSE code
- 532860
- ISIN
- INE068I01012
- Website
- www.netflierfinco.com
- Registered office
- Link House ,3, Bhadur Shah Zafar Marg, New Delhi 110002, Delhi