Pariksha Fin-Invest-Lease (Delisted) share price

BSE: 539481Finance

Pariksha Fin-Invest-Lease Limited · Face value ₹10 · Listed Dec 2015

Last traded ₹12.50 on 11 Feb 2016

Delisted on 9 Jan 2023.

Last announcements

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

Share price history

Daily closes since Feb 2016, adjusted for splits and bonuses

Daily close, ₹ per share

Results for the quarter to Sep 2022

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

Revenue
₹0.10 Cr+13.8% on a year ago · −66.6% on the quarter before
Operating profit
−₹0.15 Cr
Net profit
−₹0.14 Cr
Earnings per share
−₹0.37
Operating margin
−154.2%
Net margin
−144.0%

From revenue to net profit, ₹ crore

  1. Revenue0.1
  2. Materials and goods0.0
  3. Employee costs0.0
  4. Other expenses−0.2
  5. Operating profit−0.2
  6. Depreciation0.0
  7. Other income0.0
  8. Finance costs0.0
  9. Profit before tax−0.2
  10. Tax0.0
  11. Net profit−0.1

Pariksha Fin-Invest-Lease results by quarter

Standalone: the listed company alone, without its subsidiaries. Latest quarter to Sep 2022. Results for the quarter to Dec 2022 were due by 14 Feb 2023, 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
0.1−0.1Dec 190.20.0Mar 200.1−0.1Jun 200.10.0Sep 200.10.0Dec 200.3−5.3Mar 210.10.2Jun 210.10.0Sep 210.10.0Dec 213.32.4Mar 220.30.2Jun 220.1−0.1Sep 22
Peak revenue ₹3.31 Cr, quarter to Mar 2022; lowest ₹0.05 Cr, quarter to Dec 2020A loss in the quarter to Sep 2022, −₹0.14 Cr

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
248.6%−1,759.7%39.3%−8.9%0.9%45.9%−83.2%45.6%62.8%23.5%75.9%94.5%88.1%−154.2%−60.2%23.7%−88.3%53.1%−95.3%−1,759.7%248.6%6.3%40.1%73.7%75.8%−144.0%Dec 19Jun 20Dec 20Jun 21Dec 21Jun 22Sep 22
₹ croreDec 2017Mar 2018Jun 2018Q1Sep 2018Dec 2018Q3Mar 2019Jun 2019Q1Sep 2019Dec 2019Q3Mar 2020Jun 2020Q1Sep 2020Dec 2020Q3Mar 2021Jun 2021Q1Sep 2021Dec 2021Q3Mar 2022Jun 2022Q1Sep 2022
Revenue from operations0.170.090.090.180.110.300.100.170.100.170.090.090.050.300.090.090.093.310.290.10
0.050.05––––0.120.140.060.180.090.050.090.160.030.070.020.180.030.25
Materials and goods bought0.010.010.010.080.000.150.020.080.010.030.000.000.000.120.000.000.000.000.000.00
Employee costs0.030.03––––0.040.040.040.040.020.030.040.020.020.020.010.020.020.02
Other expenses0.010.02––––0.060.030.020.110.080.020.060.030.010.040.000.160.010.23
Operating profit before depreciation0.120.04––––−0.010.030.04−0.010.000.04−0.040.140.050.020.063.130.26−0.15
Operating margin72.2%44.9%––––−13.5%15.8%39.3%−8.9%0.9%45.9%−83.2%45.6%62.8%23.5%75.9%94.5%88.1%−154.2%
Depreciation and amortisation0.000.00––––0.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Other income–0.090.040.040.040.140.010.000.000.000.000.000.000.000.000.000.000.000.000.00
Finance costs0.090.090.090.090.090.050.000.000.100.000.010.000.006.690.000.000.000.000.000.00
One-off items––––––0.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Profit before tax0.020.03−0.040.000.010.16−0.010.03−0.06−0.02−0.010.04−0.04−6.560.050.020.063.130.26−0.15
0.010.02−0.010.000.00−0.220.000.000.00−0.060.07−0.010.01−1.29−0.160.010.030.690.03−0.01
Tax rate29.2%67.7%–21.8%−33.8%−140.2%–13.5%–––−19.4%––−303.6%71.7%46.3%22.1%13.6%–
Net profit0.020.01−0.030.000.020.380.000.02−0.060.04−0.080.05−0.05−5.260.210.010.032.440.22−0.14
Net margin10.3%10.6%−32.6%1.4%14.2%128.4%−4.0%13.5%−60.2%23.7%−88.3%53.1%−95.3%−1,759.7%248.6%6.3%40.1%73.7%75.8%−144.0%
Earnings per share₹0.04₹0.03–₹0.01₹0.04₹1.02−₹0.01₹0.06−₹0.17₹0.11−₹0.21₹0.13−₹0.13−₹14.03₹0.57₹0.01₹0.09₹6.50₹0.59−₹0.37
Earnings per share in rupees, restated for later splits and bonuses.

7 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
0.8−0.1Mar 160.80.1Mar 170.40.0Mar 180.70.40Mar 190.50.00Mar 200.5−5.30Mar 213.62.70Mar 22
Peak revenue ₹3.57 Cr, year to Mar 2022; lowest ₹0.43 Cr, year to Mar 2018Back to profit in the year to Mar 2022, ₹2.69 Cr

Operating and net margin, per cent

  • Operating margin
  • Net margin
91.6%−997.5%38.9%64.1%43.8%6.4%33.3%91.6%−15.7%6.5%−2.1%54.9%−0.8%−997.5%75.4%Mar 16Mar 17Mar 18Mar 19Mar 20Mar 21Mar 22

Results for the year to Mar 2022

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

From revenue to net profit

  1. Revenue3.6
  2. Materials and goods0.0
  3. Employee costs−0.1
  4. Other expenses−0.2
  5. Operating profit3.3
  6. Depreciation0.0
  7. Other income0.0
  8. One-off items0.0
  9. Finance costs0.0
  10. Profit before tax3.3
  11. Tax−0.6
  12. Net profit2.7

What the company owns

  • Plant, investments and other assets₹11 Cr
  • Cash and bank₹0 Cr
  • Inventory₹0 Cr

What pays for it: net worth and liabilities

  • Net worth₹10 Cr
  • Other liabilities₹1 Cr

Profit and loss

Standalone, ₹ crore, years to March. The last column is the twelve months to Sep 2022, the latest four quarters added.

₹ croreMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Sep 2022Twelve months
Revenue from operations0.820.840.430.680.540.533.573.78
0.500.300.24–0.500.350.300.48
Materials and goods bought0.210.130.060.230.130.120.000.00
Employee costs0.050.080.09–0.160.100.080.08
Other expenses0.240.090.09–0.210.140.220.41
Operating profit before depreciation0.320.540.19–0.030.183.273.30
Operating margin38.9%64.1%43.8%–6.4%33.3%91.6%87.2%
Materials, % of revenue25.4%15.4%13.7%–23.5%22.2%0.0%0.0%
Employee costs, % of revenue6.1%9.8%21.5%–30.4%18.8%2.2%2.0%
Other expenses, % of revenue29.5%10.7%21.1%–39.7%25.8%6.2%10.8%
Depreciation and amortisation0.000.000.00–0.000.000.000.00
Operating profit after depreciation0.310.540.19–0.030.173.263.30
Other income0.010.000.250.260.010.000.000.00
Finance costs0.500.460.430.330.106.700.000.00
One-off items––––0.000.000.000.00
Profit before tax−0.180.080.000.13−0.06−6.533.273.30
−0.050.020.01−0.24−0.05−1.230.580.75
Net profit−0.130.06−0.010.370.00−5.302.692.55
Net margin−15.7%6.5%−2.1%54.9%−0.8%−997.5%75.4%67.5%
Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the year to Mar 2019: the statement does not state its depreciation, which operating profit is worked out from, so operating profit is not given.

Balance sheet

Standalone, ₹ crore, at 31 March. The last column is the half year to Sep 2022, after the latest full year: the balance sheet at its end.

₹ croreMar 2019Mar 2020Mar 2021Mar 2022Sep 2022Half year
4.212.97.510.210.3
Share capital3.83.83.83.83.8
Reserves0.49.13.86.56.6
Borrowings0.00.00.00.00.0
0.1––––
Liabilities due after a year0.0––––
Total assets4.214.37.711.011.1
1.6––––
2.6––––
Net debt−0.1−0.2−0.4−0.3−0.2
Borrowings are counted again inside the liabilities due within a year and after a year. Plant in use and plant being built are given for full years only. No balance sheet is on record for the years to Mar 2016, Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.

Cash flow

Standalone, ₹ crore, years to March. The last column is the half year to Sep 2022, after the latest full year: the cash flow over its six months.

₹ croreMar 2021Mar 2022Sep 2022Half year
Cash from operations0.080.24−0.13
Capital spending0.000.390.00
Free cash flow0.08−0.15−0.13
Cash from investing0.09−0.390.09
Cash from financing0.000.000.00
Dividends paid0.000.000.00
Shares bought back0.000.000.00
Shares issued0.000.000.00
Net change in cash0.17−0.15−0.04
Capital spending is part of cash from investing, and dividends paid, shares bought back and shares issued are part of cash from financing. Each is shown as an amount on a line of its own, and the section's other items are in its total only. No cash flow statement is on record for the years to Mar 2016, Mar 2017, Mar 2018, Mar 2019 and Mar 2020.

Per share

Standalone, ₹ per share, years to March.

₹ per shareMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Earnings per share₹0.15−₹0.02₹0.99−₹0.01−₹14.14₹7.17
Diluted earnings per share₹0.15−₹0.02₹0.99−₹0.01−₹14.14₹7.17
Book value per share––₹11.12–₹20.12₹27.29

Ratios

Standalone, years to March.

RatioMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue growth–3.1%−48.7%56.6%−20.3%−1.4%570.5%
Operating profit growth–69.7%−65.0%––414.0%1,747.3%
–––8.9%0.0%−52.0%30.2%
––––−9.0 pts−52.0 pts82.3 pts
From the net margin––––−9.0 pts−63.2 pts55.9 pts
From asset turnover––––0.1 pts10.7 pts27.0 pts
From borrowing––––0.0 pts0.5 pts−0.7 pts
Return on capital employed––––0.2%2.3%31.9%
Cash conversion––––––8.8%
Interest cover0.61.20.4–0.30.0–
Debt to equity–––0.000.000.000.00
Receivable days–––520300
Inventory days–––543241−6,388
Working capital days–––1,309–––
Asset turnover–––0.160.060.050.38
Assets per rupee of net worth–––1.021.091.081.05
Sales per rupee of plant–––57.6926.8326.59225.65
Capital spending to depreciation–––––0.9891.67
Plant being built, % of plant in use––––0.0%0.0%0.0%
No balance sheet is on record for the years to Mar 2016, 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 2022.

Return on assets, latest year
28.8%
Cash from operations against operating profit
7.2%
Measure5 years3 years
Revenue growth, yearly rate33.5%74.0%
Profit growth, yearly rate117.7%93.4%
Return on equity, average−3.2%−7.3%
Return on capital employed, average–11.5%
Operating margin, average43.8%43.7%
Net margin, average−174.0%−307.6%
Asset turnover, average0.160.16
Interest cover, average–0.2
Debt to equity, average0.000.00

Where the cash came from and went

Standalone: the listed company alone, without its subsidiaries. ₹ crore, added up over each window, which ends with the year to Mar 2022.

₹ croreLatest year
Cash from operations0.24
Cash from investing−0.39
Cash from financing0.00
Capital spending0.39
Dividends paid0.00
Shares bought back0.00
Shares issued for cash0.00

Accounting checks

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

CheckMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Profit not backed by cash, % of assetsPublished threshold 10 per cent of average total assets––––−49.8830.37
Inventory growth less cost-of-goods growthOur threshold 0 percentage points–––−22.0127.02106.74
Assets under construction, years of additionsOur threshold 2 years of additions––––0.00–
Effective tax ratePublished threshold 17.16 per cent30.77325.00−176.83––17.66
Tax charged less tax paid, % of profitOur threshold 10 percentage points–––––17.45
A threshold marked as ours has no published figure; it is the line we read the check against.

Pariksha Fin-Invest-Lease share price by year

Each calendar year to 2016.

YearClose at year endChangeHighest closeLowest close
201612.50–12.5012.50
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2016 is from its first session, 11 Feb 2016. The 2016 close is its last trade, on 11 Feb 2016.

Recent sessions

The 1 trading day to 11 Feb 2016, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
11 Feb 201612.5012.5012.5012.5012.5035
Prices in ₹ per share as traded, not adjusted.

Company details

BSE code
539481
ISIN
INE270F01010
Industry
Finance
CIN
L65100DL1994PLC057377
Corporate identity number, the registrar of companies' code for it
Incorporated
1994
Registered office
7C, J’ Block Shopping Centre, 1st Floor, Saket, New Delhi 110017, Delhi
Share registrar
Skyline Financial Services Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments