Orissa Sponge Iron and Steel share price
BSE: 504864Ferrous Metals
Orissa Sponge Iron and Steel 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 Feb 1981
Trading suspended since 14 Sep 2016
Last traded ₹219.40 on 12 Sep 2016
Latest announcements
Routine notices left out.
Jan 2023
Jan 2022
Jan 2020
Nov 2018
24 Nov · Board meeting
Q1 results, quarter to Jun 2018
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−100.0% on a year ago · −100.0% 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.
- 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
- −₹1.68 Cr
- Net profitNet profit. What is left of revenue and other income after every cost, interest and tax. Net profit in the glossary
- −₹4.77 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
- −₹1.60
From revenue to net profit, ₹ crore
- Revenue0.0
- Employee costs−1.0
- Other expenses−0.6
- Operating profit−1.7
- Depreciation−2.2
- Other income0.0
- Finance costs−0.2
- Profit before tax−4.0
- Tax−0.8
- Net profit−4.8
Orissa Sponge Iron and Steel results by quarter
Standalone: the listed company alone, without its subsidiaries. Latest quarter to Jun 2018. Results for the quarter to Sep 2018 were due by 14 Nov 2018, 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 ₹3.18 Cr, quarter to Jun 2016; lowest ₹0.00 Cr, quarter to Jun 2018A loss in 12 of the 12 quarters shown
Operating and net margin by quarter, per cent
- Operating margin
- Net margin
| ₹ crore | Sep 2013 | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | – | – | 0.3 | 0.5 | 0.4 | 0.4 | 0.4 | – | – | – | – | 3.2 | – | – | 0.1 | 0.1 | 0.1 | 0.4 | 0.1 | 0.0 |
| 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 | – | – | – | 3.6 | 3.9 | 3.9 | 9.9 | – | – | – | – | 2.1 | – | – | 2.9 | – | 1.8 | – | 2.5 | 1.7 |
| 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 | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 0.0 |
| Employee costsEmployee costs. Salaries, wages, bonuses and other benefits paid to staff in the period. Employee costs in the glossary | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.1 | – | 1.1 | 1.0 |
| Other expensesOther expenses. Every operating cost besides materials and staff: power, rent, freight, repairs, marketing and the like. Other expenses in the glossary | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 0.7 | – | 1.5 | 0.6 |
| Operating profit before depreciation | – | – | – | −3.1 | −3.6 | −3.4 | −9.5 | – | – | – | – | 1.1 | – | – | −2.8 | – | −1.7 | – | −2.5 | −1.7 |
| Operating margin | – | – | – | −589.7% | −974.5% | −796.7% | −2,208.1% | – | – | – | – | 35.5% | – | – | −3,668.7% | – | −2,073.3% | – | −2,528.7% | – |
| 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 | 3.6 | 3.6 | 8.6 | 0.6 | 0.7 | 0.6 | 7.6 | 2.3 | 2.3 | 2.3 | 2.3 | 2.2 | 2.2 | 2.2 | 2.3 | 2.2 | 2.2 | 2.5 | 2.3 | 2.2 |
| 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 | 0.1 | 0.0 | 0.4 | 0.1 | 0.2 | 0.2 | 0.4 | 0.1 | 0.0 | 0.0 | 0.1 | – | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.4 | 0.1 | 0.0 |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. Finance costs in the glossary | 10.9 | 11.2 | −13.6 | 11.8 | 12.4 | 12.7 | 30.2 | 16.4 | 17.3 | 18.0 | 18.5 | 16.5 | 18.5 | 21.0 | 14.9 | – | 18.9 | 19.2 | 27.9 | 0.2 |
| Profit before one-off items and taxProfit before one-off items and tax. Profit before tax as it would be without the one-off items below it, as the company states it. Profit before one-off items and tax in the glossary | −18.1 | −22.4 | −10.8 | −15.4 | −16.4 | −16.6 | −46.9 | −21.6 | −22.2 | −22.6 | −23.0 | −17.6 | −22.6 | −25.3 | −20.0 | −21.8 | −22.8 | −23.8 | −32.6 | −4.0 |
| 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 | – | – | – | – | – | – | −1.6 | 0.0 | 6.4 | – | – | −1.0 | – | – | – | – | – | – | – | 0.0 |
| Profit before tax | −18.1 | −22.4 | −10.8 | −15.4 | −16.4 | −16.6 | −48.5 | −21.6 | −15.8 | −22.6 | −23.0 | −18.6 | −22.6 | −25.3 | −20.0 | −21.8 | −22.8 | −23.8 | −32.6 | −4.0 |
| −16.5 | −7.6 | – | −4.3 | −5.3 | −5.6 | −1.5 | −7.2 | −5.0 | −7.7 | −1.6 | −5.4 | 2.4 | −8.4 | 24.1 | −1.6 | −1.7 | −2.1 | 32.8 | 0.8 | |
| Net profit | −1.6 | −14.8 | −7.0 | −11.1 | −11.1 | −10.9 | −47.0 | −14.5 | −10.8 | −14.9 | −21.4 | −13.2 | −25.0 | −17.0 | −44.2 | −20.2 | −21.1 | −21.8 | −65.4 | −4.8 |
| Other comprehensive incomeOther comprehensive income. Gains and losses booked straight to net worth rather than through profit, such as changes in the value of some investments, pension plans and currency translation. Other comprehensive income in the glossary | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 0.3 |
| Total comprehensive incomeTotal comprehensive income. Net profit plus other comprehensive income. Total comprehensive income in the glossary | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | −4.5 |
| Net margin | – | – | −2,499.6% | −2,105.5% | −3,025.1% | −2,532.2% | −10,938.4% | – | – | – | – | −415.7% | – | – | −57,362.3% | −31,100.0% | −25,430.1% | −6,186.1% | −67,463.9% | – |
| Earnings per share | – | – | – | – | – | – | – | – | – | – | – | – | – | −₹6.28 | −₹14.83 | −₹6.79 | −₹7.09 | −₹7.31 | −₹21.97 | −₹1.60 |
Earnings per share in rupees, restated for later splits and bonuses.
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
- Loss
Peak revenue ₹189 Cr, year to Mar 2009; lowest ₹0.28 Cr, year to Mar 2014A loss in 9 of the 9 years with results on record
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
- Revenue0.6
- Depreciation−9.0
- Other income+0.6
- Finance costs−84
- Profit before tax−101
- Tax−27
- Net profit−129
Profit and loss
Standalone, ₹ crore, years to March. No results on record for the year to Mar 2016. The last column is the twelve months to Jun 2018, the latest four quarters added.
| ₹ crore | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Jun 2018Twelve months |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 189 | 176 | 145 | 99 | 36 | 0 | 2 | – | 3 | 1 | 1 |
| 188 | 180 | 168 | 128 | 53 | 22 | 21 | – | 10 | – | – | |
| Materials and goods bought | 143 | 129 | 116 | 81 | 25 | – | – | – | – | – | – |
| Operating profit before depreciation | 1 | −4 | −22 | −29 | −17 | −21 | −20 | – | −7 | – | – |
| Operating margin | 0.3% | −2.4% | −15.5% | −29.6% | −45.4% | −7,586.0% | −1,118.0% | – | −220.1% | – | – |
| Depreciation and amortisation | 10 | 12 | 14 | 12 | 15 | 2 | 9 | – | 9 | 9 | 9 |
| Operating profit after depreciationOperating profit after depreciation (EBIT). Operating profit before depreciation, less depreciation and amortisation. Operating profit after depreciation (EBIT) in the glossary | −9 | −16 | −37 | −41 | −31 | −24 | −29 | – | −16 | – | – |
| Other income | 1 | 6 | 4 | 1 | 2 | 1 | 1 | – | 0 | 1 | 1 |
| Finance costs | 25 | 23 | 30 | 32 | 38 | 46 | 67 | – | 71 | 84 | 66 |
| Profit before one-off items and tax | −33 | −33 | −62 | −72 | −67 | −69 | −95 | – | −87 | −101 | −83 |
| One-off items | – | – | – | – | – | – | −2 | – | – | – | – |
| Profit before tax | −33 | −33 | −62 | −72 | −67 | −69 | −97 | – | −87 | −101 | −83 |
| Tax | −6 | −5 | – | – | −17 | −28 | −17 | – | 13 | 27 | 30 |
| Net profit | −27 | −28 | −62 | −72 | −50 | −41 | −80 | – | −99 | −129 | −113 |
| Net margin | −14.4% | −15.9% | −43.0% | −72.9% | −136.9% | −14,695.0% | −4,568.5% | – | −3,123.2% | −21,566.4% | – |
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the years to Mar 2014, Mar 2015 and Mar 2017 they do not, so they are left blank. Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the year to Mar 2018: revenue, other income and exceptional items less the total expenses stated do not come to the profit before tax the same statement states, so the operating expenses cannot be told apart from the rest.
Ratios
Standalone, years to March.
| Ratio | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | 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 | 70.9% | −6.8% | −17.4% | −31.8% | −63.2% | −99.2% | 524.2% | – | – | −81.3% |
| Operating profit growthOperating profit growth. This year's operating profit before depreciation less last year's, divided by last year's, times 100; blank where last year's is not above nought. Operating profit growth in the glossary | −89.8% | – | – | – | – | – | – | – | – | – |
Interest cover is left blank for the years to Mar 2009, Mar 2010, Mar 2011, Mar 2012, Mar 2013, Mar 2014, Mar 2015 and Mar 2017: operating profit after depreciation is a loss, and a loss covers no interest bill.
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 | 10 years | 5 years | 3 years |
|---|---|---|---|
| Revenue growth, yearly rateRevenue growth, yearly rate. 3 years: Revenue in the latest year ÷ revenue in the year three years before, to the power of one third, − 1, × 100: the yearly rate it grew at; empty where either year is missing, nought or a loss, or a change of year end falls between them. 5 years: Revenue in the latest year ÷ revenue in the year five years before, to the power of one fifth, − 1, × 100: the yearly rate it grew at; empty where either year is missing, nought or a loss, or a change of year end falls between them. 10 years: Revenue in the latest year ÷ revenue in the year ten years before, to the power of one tenth, − 1, × 100: the yearly rate it grew at; empty where either year is missing, nought or a loss, or a change of year end falls between them. | −40.7% | −56.1% | −30.2% |
| 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. | −4,915.2% | −10,988.3% | −12,344.8% |
Business segments
In the quarter to Jun 2018 the company reports one business segment, Production of Sponge Iron, Billet & Power, which carries all its revenue.
Orissa Sponge Iron and Steel share price by year
Each calendar year to 2016.
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2016 | 219.40 | −12.6% | 309.90 | 219.40 |
| 2015 | 251.00 | +67.9% | 427.60 | 126.00 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. The 2016 close is its last trade, on 12 Sep 2016.
Recent sessions
The 10 trading days to 12 Sep 2016, as traded on BSE.
| Date | Open | High | Low | Close | Average price | Volume |
|---|---|---|---|---|---|---|
| 12 Sep 2016 | 219.40 | 219.40 | 219.40 | 219.40 | 219.40 | 10 |
| 21 Mar 2016 | 230.90 | 230.90 | 230.90 | 230.90 | 230.90 | 19 |
| 14 Mar 2016 | 243.00 | 243.00 | 243.00 | 243.00 | 243.00 | 1 |
| 18 Feb 2016 | 232.30 | 232.30 | 232.30 | 232.30 | 232.30 | 1 |
| 16 Feb 2016 | 244.50 | 244.50 | 244.50 | 244.50 | 244.50 | 1 |
| 10 Feb 2016 | 257.30 | 257.30 | 257.30 | 257.30 | 257.30 | 2 |
| 5 Feb 2016 | 270.80 | 270.80 | 270.80 | 270.80 | 270.80 | 1 |
| 28 Jan 2016 | 285.00 | 285.00 | 285.00 | 285.00 | 285.00 | 2 |
| 27 Jan 2016 | 279.80 | 299.90 | 279.80 | 299.90 | – | 71 |
| 22 Jan 2016 | 294.50 | 294.50 | 294.50 | 294.50 | 294.50 | 1 |
Prices in ₹ per share as traded, not adjusted.
Company details
- BSE code
- 504864
- ISIN
- INE228D01013
- Industry
- Ferrous Metals
- Website
- www.orissasponge.com
- CIN
- L27102OR1979PLC000819
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1979
- Registered office
- OSIL House Gangadhar Meher Marg, Bhubaneswar 751024, Orissa
- Share registrar
- MUFG Intime India Pvt. Ltd
- Keeps the register of shareholders and handles transfers and dividend payments