Nimbus Foods Industries (Delisted) share price

BSE: 531598Food Products

Nimbus Foods Industries Limited · Face value ₹1 · Listed Apr 1996

Last traded ₹0.70 on 20 Jan 2020

Delisted on 20 Jun 2023.

Last announcements

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

Share price history

Daily closes since Jan 2007, adjusted for splits and bonuses

Daily close, ₹ per share

Results for the quarter to Mar 2019

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

Revenue
₹1.83 Cr−21.0% on a year ago · −14.5% on the quarter before
Operating profit
₹0.25 Cr+13.5% on a year ago · +54.4% on the quarter before
Net profit
₹0.07 Cr−13.2% on a year ago · +260.0% on the quarter before
Earnings per share
₹0.010.0% on a year ago
Operating margin
13.8%
Net margin
4.0%

From revenue to net profit, ₹ crore

  1. Revenue1.8
  2. Materials and goods−1.0
  3. Employee costs−0.3
  4. Other expenses−0.3
  5. Operating profit0.3
  6. Depreciation−0.1
  7. Other income0.0
  8. Finance costs−0.1
  9. Profit before tax0.1
  10. Tax0.0
  11. Net profit0.1

Nimbus Foods Industries results by quarter

Standalone: the listed company alone, without its subsidiaries. Latest quarter to Mar 2019. Results for the quarter to Jun 2019 were due by 14 Aug 2019, 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
3.00.1Jun 163.20.1Sep 163.80.1Dec 162.3−0.1Mar 171.90.0Jun 172.2−0.2Sep 172.70.0Dec 172.30.1Mar 181.90.0Jun 181.80.0Sep 182.10.0Dec 181.80.1Mar 19
Peak revenue ₹3.78 Cr, quarter to Dec 2016; lowest ₹1.82 Cr, quarter to Sep 2018A loss in 4 of the 12 quarters shown

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
13.8%−6.9%−0.2%10.7%−0.8%7.7%9.6%5.6%4.4%7.6%13.8%1.8%3.0%3.0%−3.3%1.5%−6.9%1.7%3.7%−1.8%−1.9%1.0%4.0%Jun 16Dec 16Jun 17Dec 17Jun 18Dec 18Mar 19
₹ croreJun 2014Sep 2014Dec 2014Mar 2015Jun 2015Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Q1Sep 2018Dec 2018Q3Mar 2019
Revenue from operations2.743.123.973.493.183.634.08–2.983.203.782.351.882.232.742.321.851.822.151.83
2.452.883.703.302.883.323.77––––2.351.682.252.532.101.751.741.981.58
Materials and goods bought1.64–2.652.251.902.322.59–1.681.942.531.170.851.371.701.511.210.961.190.97
Employee costs–––––––––––0.580.150.350.320.280.190.350.370.31
Other expenses–––––––––––0.600.680.530.510.300.350.440.430.30
Operating profit before depreciation0.290.250.270.190.300.300.31––––−0.010.20−0.020.210.220.100.080.160.25
Operating margin10.6%7.9%6.7%5.5%9.5%8.3%7.6%––––−0.2%10.7%−0.8%7.7%9.6%5.6%4.4%7.6%13.8%
Depreciation and amortisation0.050.050.050.130.050.050.05––––0.060.090.090.090.010.050.050.050.06
Other income0.010.010.020.140.000.000.00–0.010.010.010.170.020.020.010.000.010.020.010.04
Finance costs0.080.080.080.120.080.070.08–0.080.090.120.060.090.080.100.090.090.080.100.13
One-off items––––––––––––––––0.000.000.000.00
Profit before tax0.100.050.090.080.100.110.10–0.060.100.110.040.04−0.170.030.13−0.04−0.040.020.09
–––0.12–––––––0.120.01−0.01−0.010.040.000.000.000.02
Tax rate–––155.1%–––––––290.0%31.7%–−35.3%33.3%––−17.1%21.4%
Net profit0.100.050.09−0.040.100.110.10–0.060.100.11−0.080.03−0.150.050.09−0.03−0.040.020.07
Net margin3.6%1.6%2.2%−1.2%3.1%3.0%2.5%–1.8%3.0%3.0%−3.3%1.5%−6.9%1.7%3.7%−1.8%−1.9%1.0%4.0%
Earnings per share––––––––₹0.01₹0.01₹0.02−₹0.01₹0.00−₹0.02₹0.00₹0.01₹0.00₹0.00₹0.00₹0.01
Earnings per share in rupees, restated for later splits and bonuses. No results on record for the quarter to Mar 2016.

10 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
Mar 109.80.3Mar 11110.3Mar 12130.3Mar 13150.4Mar 14130.2Mar 15Mar 16120.2Mar 179.20.0Mar 187.70.03.0Mar 19
Peak revenue ₹15 Cr, year to Mar 2014; lowest ₹7.66 Cr, year to Mar 2019

Operating and net margin, per cent

  • Operating margin
  • Net margin
7.8%0.1%5.6%5.5%5.6%5.2%5.7%5.6%6.7%7.8%2.6%2.7%2.4%2.8%1.4%1.5%0.1%0.3%Mar 10Mar 12Mar 14Mar 16Mar 18Mar 19

Results for the year to Mar 2019

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

From revenue to net profit

  1. Revenue7.7
  2. Materials and goods−4.3
  3. Employee costs−1.2
  4. Other expenses−1.5
  5. Operating profit0.6
  6. Depreciation−0.2
  7. Other income+0.1
  8. One-off items0.0
  9. Finance costs−0.4
  10. Profit before tax0.0
  11. Tax0.0
  12. Net profit0.0

What the company owns

  • Plant, investments and other assets₹19 Cr
  • Receivables₹3 Cr
  • Inventory₹1 Cr
  • Cash and bank₹0 Cr

What pays for it: net worth and liabilities

  • Net worth₹16 Cr
  • Owed to suppliers₹5 Cr
  • Borrowings₹3 Cr
  • Other liabilities₹0 Cr

Profit and loss

Standalone, ₹ crore, years to March. No results on record for the years to Mar 2010 and Mar 2016.

₹ croreMar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue from operations9.810.613.414.813.3–12.39.27.7
9.210.012.614.112.6–11.68.57.1
Materials and goods bought6.66.79.39.98.6–7.25.44.3
Employee costs0.9–––––1.71.11.2
Other expenses1.8–––––2.82.01.5
Operating profit before depreciation0.50.60.70.80.8–0.70.60.6
Operating margin5.6%5.5%5.6%5.2%5.7%–5.6%6.7%7.8%
Materials, % of revenue67.3%–––––58.5%59.2%56.4%
Employee costs, % of revenue8.9%–––––13.5%12.0%15.9%
Other expenses, % of revenue18.4%–––––22.4%22.1%19.9%
Depreciation and amortisation0.20.10.20.20.3–0.20.30.2
Operating profit after depreciation0.40.40.50.60.5–0.50.30.4
Other income0.00.00.00.30.2–0.20.00.1
Finance costs0.00.00.00.10.4–0.40.40.4
One-off items––––––––0.0
Profit before tax0.40.40.50.60.3–0.30.00.0
0.10.10.10.20.1–0.10.00.0
Net profit0.30.30.30.40.2–0.20.00.0
Net margin2.6%2.7%2.4%2.8%1.4%–1.5%0.1%0.3%
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the years to Mar 2012, Mar 2013, Mar 2014 and Mar 2015 they do not, so they are left blank.

Balance sheet

Standalone, ₹ crore, at 31 March.

₹ croreMar 2019
15.5
Share capital7.3
Reserves8.2
3.0
7.6
Liabilities due after a year0.3
Total assets23.4
15.9
7.5
Net debt2.7
Borrowings are counted again inside the liabilities due within a year and after a year. No balance sheet is on record for the years to Mar 2011, Mar 2012, Mar 2013, Mar 2014, Mar 2015, Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.

Per share

Standalone, ₹ per share, years to March.

₹ per shareMar 2017Mar 2018Mar 2019
Earnings per share₹0.03–₹0.01
Diluted earnings per share₹0.03–₹0.01

Ratios

Standalone, years to March.

RatioMar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue growth–8.5%26.1%11.0%−10.2%––−25.5%−16.4%
Operating profit growth–6.2%27.4%4.6%−2.0%––−10.5%−2.7%
Net profit growth–13.8%10.8%28.5%−53.2%––−96.3%257.1%
Return on equity––––––––0.2%
Return on capital employed––––––––2.0%
Interest cover18.815.515.05.81.4–1.31.00.9
Debt to equity––––––––0.19
Receivable days––––––––164
Inventory days––––––––72
Payable days––––––––402
Cash conversion cycle, days––––––––−166
Working capital days––––––––106
Asset turnover––––––––0.33
Assets per rupee of net worth––––––––1.51
Sales per rupee of plant––––––––4.51
Plant being built, % of plant in use––––––––0.0%
No balance sheet is on record for the years to Mar 2011, Mar 2012, Mar 2013, Mar 2014, Mar 2015, 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 2019.

Return on assets, latest year
0.1%
Measure10 years5 years3 years
Revenue growth, yearly rate−0.8%−12.4%–
Profit growth, yearly rate−14.0%−42.8%–
Operating margin, average–6.5%6.7%
Net margin, average–0.8%0.6%
Interest cover, average–1.21.1

Accounting checks

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

CheckMar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Effective tax ratePublished threshold 17.16 per cent30.7931.3431.5534.7038.66–38.1682.0530.75
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 2019 the company reports one business segment, Bread and Bakery, which carries all its revenue.

Where the return came from

Yearly rates to Mar 2019, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+94.1%––0.0%
3 years−9.1%––0.0%
5 years−8.0%––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.

Nimbus Foods Industries share price by year

Each calendar year to 2020.

YearClose at year endChangeHighest closeLowest close
20200.70−1.4%0.700.70
20190.71+273.7%0.840.19
20180.19−52.5%0.420.19
20170.40−52.9%1.050.40
20160.85−22.0%1.560.66
20151.09−47.3%1.970.65
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2020 is from its first session, 20 Jan 2020. The close is the year's last trade for 2020 (20 Jan 2020) and 2017 (3 Oct 2017).

Recent sessions

The 10 trading days to 20 Jan 2020, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
20 Jan 20200.700.700.700.700.7025
23 Dec 20190.730.730.710.71–31
9 Dec 20190.720.720.720.720.722
4 Nov 20190.720.720.720.720.7210
29 Oct 20190.720.720.720.720.72100
9 Oct 20190.720.720.720.720.721
7 Oct 20190.720.720.720.720.7211
3 Oct 20190.720.720.720.720.721
23 Sep 20190.720.720.720.720.7210
17 Sep 20190.710.720.710.720.722,000
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
27 Feb 2009Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
Each event is noted and not adjusted for.

Company details

BSE code
531598
ISIN
INE301B01020
Industry
Food Products
CIN
L30006GJ1995PLC025631
Corporate identity number, the registrar of companies' code for it
Incorporated
1995
Registered office
Plot No. B-13 &14, Phase-II, GIDC Industrial Area, Naroda, Ahmedabad 380005, Gujarat
Share registrar
Bigshare Services Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments