Nishtha Finance and Investment (India) (Delisted) share price
BSE: 539311Finance
Nishtha Finance and Investment (India) 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 Sep 2015
Last traded ₹7.45 on 13 Dec 2021
Delisted on 12 Nov 2023.
Last announcements
The company's own last announcements before its shares stopped trading, routine notices left out.
Feb 2020
7 Feb · Board meeting
Meeting on 14 Feb 2020: quarterly results
Jan 2020
16 Jan · Shareholding for the Period Ended December 31, 2019
Shareholding Pattern for the Period Ended December 31, 2019. For more details, kindly Click ....7 Jan · Statement Of Investor Complaints For The Quarter Ended December 2019
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
Nov 2019
22 Nov · Non-Applicability Of Regulation 23(9) Of SEBI (LODR) Regulation, 2015 For The Half Yearly / Quarter Ended On 30Th September, 2019
Results for the quarter to Sep 2019
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
- ₹0.00 Cr
- Operating profitOperating profit before depreciation (EBITDA). Revenue less operating expenses: what the business earns from its operations before depreciation, interest and tax. Operating profit before depreciation (EBITDA) in the glossary
- −₹0.14 Cr
- Net profitNet profit. What is left of revenue and other income after every cost, interest and tax. Net profit in the glossary
- ₹0.03 Cr−17.7% 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.
- Earnings per shareEarnings per share. Profit belonging to shareholders divided by the number of shares, restated for later splits and bonuses so they do not break the line. Earnings per share in the glossary
- ₹0.04−20.0% 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, on the quarter before wherever the profit of that quarter was restated, and across a change of basis named under the table, on the lines it affects.
From revenue to net profit, ₹ crore
- Revenue0.0
- Employee costs0.0
- Other expenses−0.1
- Operating profit−0.1
- Depreciation0.0
- Other income+0.2
- Finance costs0.0
- Profit before tax0.0
- Tax0.0
- Net profit0.0
Nishtha Finance and Investment (India) results by quarter
Standalone: the listed company alone, without its subsidiaries. Latest quarter to Sep 2019. Results for the quarter to Dec 2019 were due by 14 Feb 2020, 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
Peak revenue ₹0.40 Cr, quarter to Mar 2018; lowest ₹0.00 Cr, quarter to Sep 2018A loss in 4 of the 11 quarters with results on record
Operating and net margin by quarter, per cent
- Operating margin
- Net margin
| ₹ crore | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018worked out | Jun 2018Q1 | Sep 2018 | Dec 2018Q3 | Mar 2019 | Jun 2019Q1 | Sep 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 0.46 | 0.23 | 0.44 | – | 0.50 | 0.46 | 0.25 | 0.29 | 0.09 | 0.16 | 0.18 | 0.40what Revenue from operations, Mar 2018, includes. Not filed on its own: worked out as the year to Mar 2018 the company filed, less the nine months to Dec 2017. | 0.15 | 0.00 | 0.00 | – | 0.00 | 0.00 |
| Operating expenses. What the business spent to run itself in the period, materials, staff and other costs, before depreciation, interest and tax. Operating expenses in the glossary | – | – | – | – | – | – | – | – | – | – | – | – | 0.30 | 0.26 | 0.30 | – | 0.13 | 0.14 |
| Materials and goods boughtCost of materials and goods. Raw materials used and goods bought for resale in the period, adjusted for the change in stock held. Cost of materials and goods in the glossary | 0.35 | 0.01 | 0.54 | – | 0.39 | 0.39 | 0.02 | 0.29 | – | – | – | – | 0.00 | 0.00 | 0.00 | – | 0.00 | 0.00 |
| Employee costsEmployee costs. Salaries, wages, bonuses and other benefits paid to staff in the period. Employee costs in the glossary | – | – | – | – | – | – | – | – | – | – | – | – | 0.00 | 0.00 | 0.00 | – | 0.00 | 0.01 |
| Other expensesOther expenses. Every operating cost besides materials and staff: power, rent, freight, repairs, marketing and the like. Other expenses in the glossary | – | – | – | – | – | – | – | – | – | – | – | – | 0.29 | 0.26 | 0.30 | – | 0.13 | 0.14 |
| Operating profit before depreciation | – | – | – | – | – | – | – | – | – | – | – | – | −0.14 | −0.26 | −0.30 | – | −0.13 | −0.14 |
| Operating margin | – | – | – | – | – | – | – | – | – | – | – | – | −96.4% | – | – | – | – | – |
| 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 | – | – | – | – | – | – | – | – | – | – | – | – | 0.00 | 0.00 | 0.00 | – | 0.00 | 0.00 |
| 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 | – | – | – | – | – | – | – | – | – | – | 0.18 | – | 0.17 | 0.17 | 0.17 | – | 0.17 | 0.17 |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. Finance costs in the glossary | 0.00 | – | 0.00 | – | 0.00 | 0.00 | 0.00 | – | – | 0.00 | – | – | 0.00 | 0.00 | 0.00 | – | 0.00 | 0.00 |
| One-off itemsExceptional items. Gains or losses the company reports separately because they are not expected to recur, such as selling a business or writing down an asset. Exceptional items in the glossary | – | – | – | – | – | – | – | – | – | – | – | – | 0.00 | 0.00 | 0.00 | – | 0.00 | 0.00 |
| Profit before tax | 0.08 | 0.08 | −0.11 | – | 0.09 | 0.04 | 0.10 | −0.07 | 0.02 | 0.11 | 0.16 | −0.16 | 0.03 | −0.09 | −0.13 | – | 0.04 | 0.03 |
| – | – | – | – | – | – | – | 0.05 | – | – | – | – | 0.00 | 0.00 | 0.00 | – | 0.00 | 0.00 | |
| Tax rateEffective tax rate. Tax charged as a percentage of profit before tax. Effective tax rate in the glossary | – | – | – | – | – | – | – | – | – | – | – | – | 1.9% | – | – | – | 0.0% | 0.0% |
| Net profit | 0.08 | 0.08 | −0.11 | – | 0.09 | 0.04 | 0.10 | −0.12 | 0.02 | 0.11 | 0.16 | −0.19 | 0.03 | −0.09 | −0.13 | – | 0.04 | 0.03 |
| Net margin | 17.6% | 32.1% | −25.7% | – | 17.5% | 9.2% | 38.0% | −42.1% | 22.2% | 67.9% | 87.4% | −48.5% | 17.5% | – | – | – | – | – |
| Earnings per share | – | – | – | – | – | – | – | −₹0.16 | ₹0.03 | ₹0.14 | ₹0.21 | – | ₹0.03 | −₹0.12 | −₹0.17 | – | ₹0.05 | ₹0.04 |
Earnings per share in rupees, restated for later splits and bonuses. No results on record for the quarters to Mar 2016 and Mar 2019.
2 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
Peak revenue ₹1.50 Cr, year to Mar 2017; lowest ₹0.83 Cr, year to Mar 2018
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 Mar 2018
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
From revenue to net profit
- Revenue0.8
- Profit before tax0.1
- Tax0.0
- Net profit0.1
Profit and loss
Standalone, ₹ crore, years to March.
| ₹ crore | Mar 2017 | Mar 2018 |
|---|---|---|
| Revenue from operations | 1.50 | 0.83 |
| – | – | |
| Materials and goods bought | 1.12 | – |
| Profit before tax | 0.17 | 0.13 |
| Tax | 0.05 | 0.03 |
| Net profit | 0.11 | 0.10 |
| Net margin | 7.4% | 11.5% |
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 or depreciation, which operating profit is worked out from, so operating profit is not given.
Ratios
Standalone, years to March.
| Ratio | Mar 2018 |
|---|---|
| Revenue growthRevenue growth. This year's revenue less last year's, divided by last year's, times 100; blank where last year's is not above nought. Revenue growth in the glossary | −44.7% |
| Net profit growthNet profit growth. This year's net profit less last year's, divided by last year's, times 100; blank where last year's is not above nought. Net profit growth in the glossary | −13.5% |
| Earnings per share growthEarnings per share growth. This year's earnings per share less last year's, on the same share count, divided by last year's, times 100; blank where last year's is not above nought. Earnings per share growth in the glossary | −7.1% |
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 2018.
| Measure | 3 years |
|---|---|
| Net margin, averageNet margin, average. 3 years: The plain average of the yearly net profit margin over the last three years, needing at least two of them; a year without the figure is left out, never filled in. 5 years: The plain average of the yearly net profit margin over the last five years, needing at least four of them; a year without the figure is left out, never filled in. 10 years: The plain average of the yearly net profit margin over the last ten years, needing at least nine of them; a year without the figure is left out, never filled in. | 9.5% |
Accounting checks
Standalone, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.
| Check | Mar 2017 | Mar 2018 |
|---|---|---|
| Effective tax ratePublished threshold 17.16 per cent | 32.73 | 25.95 |
A threshold marked as ours has no published figure; it is the line we read the check against.
Business segments
In the quarter to Sep 2019 the company reports one business segment, Financial Information, which carries all its revenue.
Where the return came from
Yearly rates to Mar 2018, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −38.3% | −7.1% | −33.6% | 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.
Nishtha Finance and Investment (India) share price by year
Each calendar year to 2021.
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2021 | 7.45 | +6.4% | 7.45 | 7.25 |
| 2020 | 7.00 | −50.9% | 13.54 | 6.08 |
| 2019 | 14.25 | −7.5% | 15.00 | 13.78 |
| 2018 | 15.40 | +13.7% | 15.90 | 12.15 |
| 2017 | 13.55 | −14.8% | 30.00 | 11.60 |
| 2016 | 15.90 | – | 33.85 | 10.10 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2021 is from its first session, 18 Jan 2021. 2020 is from its first session, 4 Mar 2020. 2016 is from its first session, 17 May 2016. The close is the year's last trade for 2021 (13 Dec 2021), 2020 (14 Dec 2020), 2019 (18 Dec 2019) and 2018 (11 Dec 2018).
Recent sessions
The 10 trading days to 13 Dec 2021, as traded on BSE.
| Date | Open | High | Low | Close | Average price | Volume |
|---|---|---|---|---|---|---|
| 13 Dec 2021 | 6.89 | 7.45 | 6.89 | 7.45 | 6.89 | 5,001 |
| 18 Jan 2021 | 7.25 | 7.25 | 7.25 | 7.25 | 7.25 | 5,000 |
| 14 Dec 2020 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 5,000 |
| 14 Oct 2020 | 6.75 | 6.75 | 6.75 | 6.75 | 6.75 | 1 |
| 13 Oct 2020 | 6.75 | 6.75 | 6.75 | 6.75 | 6.75 | 150 |
| 6 Oct 2020 | 6.75 | 6.75 | 6.75 | 6.75 | 6.75 | 20 |
| 24 Sep 2020 | 7.45 | 7.45 | 6.75 | 6.75 | – | 2 |
| 23 Sep 2020 | 7.84 | 7.84 | 7.10 | 7.10 | 7.10 | 267 |
| 22 Sep 2020 | 7.48 | 7.48 | 7.47 | 7.47 | – | 30 |
| 14 Sep 2020 | 7.87 | 7.87 | 7.13 | 7.13 | – | 2 |
Prices in ₹ per share as traded, not adjusted.
Company details
- BSE code
- 539311
- ISIN
- INE217Q01018
- Industry
- Finance
- Website
- www.nishthafin.com
- CIN
- L74110GJ1983PLC102253
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1983
- Registered office
- A/202, 2nd Floor, Narnarayan Complex, Nr. Navrangpura Bus Stop, Swastik Cross Road, Navrangpura, Ahmedabad 380009, Gujarat
- Share registrar
- Skyline Financial Services Pvt. Ltd
- Keeps the register of shareholders and handles transfers and dividend payments