Parrys Sugar Industries (Delisted) share price

BSE: 500162

Parrys Sugar Industries Limited · Formerly GMR Industries · Face value ₹10 · Listed Feb 1995

Last traded ₹48.90 on 24 May 2017

Delisted on 8 Jan 2018.

Last announcements

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

Share price history

Daily closes since Mar 2013, BSE closes Jan 2007 to Feb 2008, Feb 2008 to May 2008, May 2008 to Jul 2010, in Mar 2011, in Jul 2011, in Sep 2011, in Oct 2011, in Nov 2011, in Feb 2012, in Mar 2012, in Apr 2012, in Apr 2012, in Jun 2012, in Aug 2012, in Aug 2012, in Dec 2012, in Apr 2013, in Apr 2013, Apr 2013 to May 2013, in May 2013, in May 2013, in May 2013, May 2013 to Jun 2013, in Jun 2013, Jun 2013 to Jul 2013, in Jul 2013, in Jul 2013, in Jul 2013, in Jul 2013, Jul 2013 to Aug 2013, in Aug 2013, in Aug 2013, in Sep 2013, in Sep 2013, in Sep 2013, in Sep 2013, in Sep 2013, in Oct 2013, in Oct 2013, in Oct 2013, in Nov 2013, in Nov 2013, in Nov 2013, in Dec 2013, in Dec 2013, in Dec 2013, in Jan 2014, in Jan 2014, in Jan 2014, in Feb 2014, in Feb 2014, in Feb 2014, in Mar 2014, in Apr 2014, in Apr 2014, in Oct 2014, in Dec 2014, in Sep 2015 and in Oct 2015, adjusted for splits and bonuses. Earlier closes are left out: on 21 Mar 2013 the price changed in a way no corporate action on record explains.

Daily close, ₹ per share

Results for the quarter to Dec 2016

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

Revenue
₹73 Cr−11.6% on a year ago · +14.3% on the quarter before
Operating profit
₹13 Cr
Net profit
₹8.44 Cr+708.5% on the quarter before
Operating margin
18.2%
Net margin
11.6%

From revenue to net profit, ₹ crore

  1. Revenue73
  2. Operating expenses−59
  3. Operating profit13
  4. Depreciation−1.9
  5. Other income+1.4
  6. Finance costs−4.3
  7. Profit before tax8.4
  8. Net profit8.4

Parrys Sugar Industries results by quarter

Standalone: the listed company alone, without its subsidiaries. Latest quarter to Dec 2016. Results for the quarter to Mar 2017 were due by 30 May 2017, 60 days after it ends. Every company's dates are on the results calendar.

Revenue and net profit by quarter, ₹ crore

  • Revenue
  • Net profit
  • Loss
4310.0Mar 1469−8.6Jun 1461−9.6Sep 1443−2.9Dec 14255.3Mar 1570−34Jun 1546−8.5Sep 1582−3.6Dec 159320Mar 16661.9Jun 16641.0Sep 16738.4Dec 16
Peak revenue ₹93 Cr, quarter to Mar 2016; lowest ₹25 Cr, quarter to Mar 2015A loss in 6 of the 12 quarters shown

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
23.1%−48.2%−2.0%−6.9%18.2%23.1%−12.5%−15.7%−6.6%21.3%−48.2%−18.6%−4.4%21.4%2.9%1.6%11.6%Mar 14Sep 14Mar 15Sep 15Mar 16Sep 16Dec 16
₹ croreMar 2012Jun 2012Sep 2012Dec 2012Mar 2013Jun 2013Sep 2013Dec 2013Mar 2014Jun 2014Sep 2014Dec 2014Mar 2015Jun 2015Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016
Revenue from operations28114161544587941436961432570468293666473
222–69–20219239–7165––––––––59
Materials and goods bought18311446384––311460603408345745751–42
Employee costs8–6–3––1–11–––––––––
Other expenses31–17–13––7–94–––––––––
Operating profit before depreciation59–−8–25−13−132–−1−4––––––––13
Operating margin21.1%–−13.8%–55.7%−152.9%−16.0%4.0%–−2.0%−6.9%––––––––18.2%
Depreciation and amortisation8–8–2222–22––––––––2
Other income00000000000000001111
Finance costs181718206665664345434444
Profit before tax33−21−35−4217−20−21−510−9−10−35−34−9−420218
Tax−9–––––––––––––––––––
Tax rate−28.7%–––––––––––––––––––
Net profit43−21−35−4217−20−21−510−9−10−35−34−9−420218
Net margin15.1%−15.0%−56.9%−77.9%38.5%−236.8%−26.1%−12.6%23.1%−12.5%−15.7%−6.6%21.3%−48.2%−18.6%−4.4%21.4%2.9%1.6%11.6%
Earnings per share––––₹8.69−₹10.25−₹10.56−₹2.77–––−₹2.20––––––––
Earnings per share in rupees, restated for later splits and bonuses.

The quarters either side of a change of basis do not compare. From the quarter to Mar 2013, the company's revenue for the year to Mar 2013, ₹101 Cr, differs from its quarters added, ₹300 Cr.

9 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
1536.5Mar 081290.6Mar 09228−58Mar 10Mar 11Mar 12101−13Mar 13172−36Mar 14198−16Mar 15291−26Mar 16
A loss in 5 of the 7 years with results on record

Operating and net margin, per cent

  • Operating margin
  • Net margin
19.1%−25.7%19.0%19.1%7.7%6.1%4.3%0.5%−25.7%−12.8%−20.9%−7.9%−8.9%Mar 08Mar 10Mar 12Mar 14Mar 16

The years either side of a change of basis do not compare. From the year to Mar 2009, the company's revenue for that year, ₹129 Cr, differs from its quarters added, ₹131 Cr. From the year to Mar 2013, the company's revenue for that year, ₹101 Cr, differs from its quarters added, ₹300 Cr.

Results for the year to Mar 2016

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

From revenue to net profit

  1. Revenue291
  2. Other income+1.1
  3. Finance costs−15
  4. Profit before tax−26
  5. Net profit−26

Profit and loss

Standalone, ₹ crore, years to March. A column marked with its months is a changeover year, when the company moved its year end: it is not a twelve-month year. No results on record for the year to Mar 2011. The last column is the twelve months to Dec 2016, the latest four quarters added.

₹ croreMar 2008Mar 2009Mar 2010Mar 2011Mar 20129 monthsMar 2013Mar 2014Mar 2015Mar 2016Dec 2016Twelve months
Revenue from operations153129228–467101172198291295
124104210–41295––––
Materials and goods bought8076185–33056143154259–
Employee costs––––206––––
Other expenses––––6333––––
Operating profit before depreciation292517–556––––
Operating margin19.0%19.1%7.7%–11.8%6.1%––––
Materials, % of revenue––––70.6%55.3%––––
Employee costs, % of revenue––––4.2%5.7%––––
Other expenses, % of revenue––––13.5%32.9%––––
Depreciation and amortisation141827–235––––
Operating profit after depreciation157−9–321––––
Other income96––000115
Finance costs132142–521423171517
Profit before one-off items and tax–−8−52–−20−13−36−16−2631
One-off items0–−8–––––––
Profit before tax11−8−60–−20−13−36−16−2631
Tax5−8−1–−14–––––
Net profit71−58–−6−13−36−16−2631
Net margin4.3%0.5%−25.7%–−1.4%−12.8%−20.9%−7.9%−8.9%10.6%
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the years to Mar 2008, Mar 2009 and Mar 2010 they do not, so they are left blank. Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the years to Mar 2014, Mar 2015 and Mar 2016: the statement does not state its depreciation, which operating profit is worked out from, so operating profit is not given.

Per share

Standalone, ₹ per share, years to March. A column marked with its months is a changeover year, when the company moved its year end: it is not a twelve-month year.

₹ per shareMar 20129 monthsMar 2013Mar 2014Mar 2015Mar 2016
–−₹6.48–––
As stated that year−₹6.50−₹6.48–––
–−₹6.48–––
Market cap at the year end (₹ crore)–48.033.3––
Every year is restated for later splits and bonuses, so they do not break the line. The figure the company stated that year is under each line it differs from.

Ratios

Standalone, years to March. A column marked with its months is a changeover year, when the company moved its year end: it is not a twelve-month year. A ratio that sets its sales or profit against the balance sheet is left blank for it.

RatioMar 2008Mar 2009Mar 2010Mar 2011Mar 20129 monthsMar 2013Mar 2014Mar 2015Mar 2016
Revenue growth––76.5%–––70.9%15.2%46.8%
Operating profit growth––−29.2%––––––
Interest cover1.10.3––0.60.1–––
Revenue growth, operating profit growth and net profit growth are left blank for the year to Mar 2009: between the two periods the company restated its earlier figures, so the two are on different bases and the change is not worked out. Interest cover is left blank for the year to Mar 2010: 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 2016.

Measure5 years3 years
Revenue growth, yearly rate–42.5%
Net margin, average−12.7%−12.6%

Accounting checks

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

CheckMar 2008Mar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016
Effective tax ratePublished threshold 17.16 per cent43.17––––––––
A threshold marked as ours has no published figure; it is the line we read the check against.

Where the return came from

Yearly rates to Mar 2016, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+110.8%––0.0%
3 years+14.6%––0.0%
Longer windows are left empty: a corporate action or price step on 2013-03-21 that cannot be sized sits inside this window. 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.

Parrys Sugar Industries share price by year

Each calendar year to 2017.

YearClose at year endChangeHighest closeLowest close
201748.90+2.9%67.9547.10
201647.50+60.2%69.4522.00
2015BSE close29.65+30.3%31.7514.15
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. The 2017 close is its last trade, on 24 May 2017.

Recent sessions

The 10 trading days to 24 May 2017, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
24 May 201755.2555.2548.3048.9050.9222,455
23 May 201757.5057.5051.9554.2554.0512,099
22 May 201759.5059.7557.0057.7557.7313,591
19 May 201757.5059.9557.0057.1558.0211,206
18 May 201760.1062.2049.6057.3058.0561,101
17 May 201761.8561.8560.2560.5060.937,179
16 May 201762.0062.5059.5061.2061.1312,169
15 May 201762.0062.7059.5061.2561.1721,391
12 May 201762.0563.5061.1061.5062.128,943
11 May 201762.6063.5062.0062.0562.6611,916
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
9 May 2013Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
21 Mar 2013Price move–Between two trading sessions the price fell 47% or more, or rose 90% or more. The company made an announcement in time for trading that day or the trading day before. Earlier prices are not shown.
Where an event has no factor that can be worked out, the chart leaves out the closes before it. Any other event is noted and not adjusted for.

Company details

BSE code
500162
ISIN
INE353B01021
Former symbols
PARRYSUGAR, GMRINDS
CIN
L28100KA1986PLC049077
Corporate identity number, the registrar of companies' code for it
Incorporated
1986
Registered office
Venus Building, 3rd Floor, 1/2 Kalyanamantapa Road, Jakkasandra, Koramangala Extension, Bengaluru 560034, Karnataka
Share registrar
KFin Technologies Ltd
Keeps the register of shareholders and handles transfers and dividend payments