Orient Information Technology (Delisted) share price
BSE: 531167
Orient Information Technology Ltd. · 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 Mar 2000
Last traded ₹3.82 on 19 Dec 2008
Delisted on 4 Feb 2009.
Last announcements
The company's own last announcements before its shares stopped trading, routine notices left out.
Dec 2008
11 Dec · Suspension of trading in equity shares
Members of the Exchange are hereby informed that the trading in equity shares of Orient Information Technology Limited shall be suspended w.e.f. December 22, 2008 (i.e. closing hours of trading on December 19, 2008) on account of Scheme of Amalgamation of Orient Information Technology Limited with IT People (India) Limited.10 Dec · Corporate action
Board of Directors of the Company at its meeting has declared the effective date for the Scheme of Amalgamation of the Company with IT People (India) Limited to be December 5, 2008. The Board has approved on December 30, 2008 as the Record Date for ascertaining the entitlement of the issue and allotment of the equity shares by IT People (India) Limited to the shareholders of the Company, in accordance with the provisions of the scheme. A copy of the Synopsis of the Scheme of Amalgamation between IT People (India) Ltd. and Orient Information Technology Limited (OITL) 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.5 Dec · Board meeting
To transact the following business: (1) To note & adopt the Final Court's Order on Merger of Orient Information Technology with Ltd IT People (India) Ltd. (2) To fix the Record Date to ascertain the names of shareholders of Orient Information Technology Ltd. to whom the shares of IT People (India) Ltd will be allotted as per the agreed share exchange ratio.
Nov 2008
12 Nov · Meeting
Scheme of Amalgamation with IT people (India) Limited filed with High Court is pending for final order which is expected in last week of November 2008. Therefor Company has filed an application with Registrar of Company (ROC) Mumbai, for Extension of Time for holding Annual General Meeting. ROC has given its approval for holding Annual General Meeting till December 31, 2008.
Oct 2008
20 Oct · Board meeting
Interalia, for approval of unaudited accounts of the Company for the Second Quarter ended September 30, 2008.
Jul 2008
21 Jul · Board meeting
Interalia, for approval of unaudited accounts of the Company for the first Quarter ended June 30, 2008.
Results for the quarter to Sep 2008
Consolidated: the company and its subsidiaries together. ₹ crore.
- RevenueRevenue from operations. Money earned from selling the company's goods and services in the period. Revenue from operations in the glossary
- ₹0.22 Cr−43.2% on a year ago · −12.0% 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, 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
- −₹1.00 Cr
- 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
- −₹0.56
- Net margin
- −452.5%
From revenue to net profit, ₹ crore
- Revenue0.2
- Other income0.0
- Finance costs0.0
- Profit before tax−1.0
- Tax0.0
- Net profit−1.0
Orient Information Technology results by quarter
Consolidated: the company and its subsidiaries together. 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
- Loss
Peak revenue ₹0.40 Cr, quarter to Dec 2007; lowest ₹0.22 Cr, quarter to Sep 2008A loss in 5 of the 5 quarters shown
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 | 0.39 | 0.40 | 0.34 | 0.25 | 0.22 |
| 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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. Finance costs in the glossary | 0.18 | 0.16 | 0.16 | 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 | −2.68 | −3.31 | −1.49 | −2.28 | −1.00 |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net profit | −2.68 | −3.32 | −1.49 | −2.28 | −1.00 |
| Net margin | −688.7% | −837.1% | −438.5% | −909.6% | −452.5% |
| Earnings per share | −₹1.50 | −₹1.86 | −₹0.84 | −₹1.28 | −₹0.56 |
Earnings per share in rupees, restated for later splits and bonuses.
1 year at a glance
Consolidated: the company and its subsidiaries together. ₹ crore, years to March.
Revenue, net profit and borrowings, ₹ crore
- Revenue
- Net profit
- Borrowings
- Loss
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 2008
Consolidated: the company and its subsidiaries together. ₹ crore.
From revenue to net profit
- Revenue2.1
- Other income0.0
- One-off items0.0
- Finance costs−0.7
- Profit before tax−10
- Tax0.0
- Net profit−10
Profit and loss
Consolidated, ₹ crore, years to March. The last column is the twelve months to Sep 2008, the latest four quarters added.
| ₹ crore | Mar 2008 | Sep 2008Twelve months |
|---|---|---|
| Revenue from operations | 2.1 | 1.2 |
| Other income | 0.0 | 0.0 |
| Finance costs | 0.7 | 0.3 |
| One-off items | 0.0 | 0.0 |
| Profit before tax | −10.3 | −8.1 |
| Tax | 0.0 | 0.0 |
| Net profit | −10.2 | −8.1 |
| Net margin | −477.7% | −669.6% |
Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the year to Mar 2008: the statement does not state its depreciation, which operating profit is worked out from, so operating profit is not given.
Where the return came from
Yearly rates to Mar 2008, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −21.0% | – | – | 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.
Recent sessions
The 10 trading days to 19 Dec 2008, as traded on BSE.
| Date | Open | High | Low | Close | Average price | Volume |
|---|---|---|---|---|---|---|
| 19 Dec 2008 | 3.95 | 4.50 | 3.64 | 3.82 | 4.08 | 35,505 |
| 18 Dec 2008 | 4.00 | 4.09 | 3.80 | 4.09 | 3.96 | 4,703 |
| 17 Dec 2008 | 4.40 | 4.60 | 4.00 | 4.00 | 4.27 | 14,464 |
| 16 Dec 2008 | 4.49 | 4.60 | 4.25 | 4.46 | 4.44 | 12,068 |
| 15 Dec 2008 | 4.14 | 4.23 | 3.50 | 4.05 | 3.94 | 10,938 |
| 12 Dec 2008 | 3.70 | 3.93 | 3.47 | 3.55 | 3.56 | 6,580 |
| 11 Dec 2008 | 3.77 | 3.95 | 3.77 | 3.81 | 3.83 | 2,626 |
| 10 Dec 2008 | 3.50 | 3.82 | 3.28 | 3.77 | 3.53 | 1,719 |
| 8 Dec 2008 | 3.52 | 3.52 | 3.40 | 3.47 | 3.48 | 2,568 |
| 5 Dec 2008 | 3.31 | 3.70 | 3.31 | 3.64 | 3.64 | 3,189 |
Prices in ₹ per share as traded, not adjusted.
Company details
- BSE code
- 531167
- ISIN
- INE067B01019
- Website
- www.orientinfotech.com
- Registered office
- Orient House 3A Udyog Nagar, S V Road Goregaon (W), Mumbai 400062, Maharashtra
- Share registrar
- Universal Capital Securities Pvt. Ltd
- Keeps the register of shareholders and handles transfers and dividend payments