Pazel International (Delisted) share price

BSE: 504335Commercial Services & Supplies

PAZEL INTERNATIONAL LIMITED · Face value ₹1

Last traded ₹0.54 on 28 Feb 2022

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 Nov 2013, adjusted for splits and bonuses. Earlier closes are left out: on 22 Nov 2013 the price changed in a way no corporate action on record explains.

Daily close, ₹ per share

Results for the quarter to Sep 2020

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

Revenue
₹0.00 Cr
Operating profit
−₹0.12 Cr
Net profit
₹0.17 Cr−5.9% on a year ago · +4.2% on the quarter before
Earnings per share
₹0.010.0% on a year ago

From revenue to net profit, ₹ crore

  1. Revenue0.0
  2. Employee costs−0.1
  3. Other expenses0.0
  4. Operating profit−0.1
  5. Depreciation0.0
  6. Other income+0.3
  7. Finance costs0.0
  8. Profit before tax0.2
  9. Tax0.0
  10. Net profit0.2

Pazel International results by quarter

Standalone: the listed company alone, without its subsidiaries. Latest quarter to Sep 2020. Results for the quarter to Dec 2020 were due by 14 Feb 2021, 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
2.50.3Dec 171.30.0Mar 180.30.1Jun 180.80.1Sep 180.00.2Dec 180.60.4Mar 1900.1Jun 1900.2Sep 1900.2Dec 1900.0Mar 2000.2Jun 2000.2Sep 20
Peak revenue ₹2.53 Cr, quarter to Dec 2017; lowest ₹0.00 Cr, quarter to Jun 2019A loss in 1 of the 12 quarters shown

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
1,58,400.0%−1,54,200.0%10.7%7.5%42.7%−23.9%−1,54,200.0%68.6%10.6%−1.6%41.9%14.9%1,58,400.0%63.2%Dec 17Jun 18Dec 18Jun 19Dec 19Jun 20Sep 20
₹ croreDec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Q1Sep 2018Dec 2018Q3Mar 2019Jun 2019Q1Sep 2019Dec 2019Q3Mar 2020Jun 2020Q1Sep 2020
Revenue from operations0.780.240.200.420.350.280.200.222.531.260.260.840.000.560.000.000.000.000.000.00
0.610.820.080.300.230.71––2.261.160.151.040.150.180.150.090.120.080.120.12
Materials and goods bought0.410.280.180.190.120.000.00–2.171.040.000.760.000.000.000.000.000.000.000.00
Employee costs0.06––0.050.050.06––0.040.040.090.100.100.110.100.020.030.030.090.08
Other expenses0.07––0.080.060.66––0.050.080.060.190.050.060.050.070.090.060.030.04
Operating profit before depreciation0.17−0.580.120.120.12−0.43––0.270.090.11−0.20−0.150.38−0.15−0.09−0.12−0.08−0.12−0.12
Operating margin21.6%−239.8%58.6%28.3%35.2%−154.4%––10.7%7.5%42.7%−23.9%−1,54,200.0%68.6%––––––
Depreciation and amortisation0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Other income––––––0.200.22––0.000.330.320.000.280.280.320.290.290.29
Finance costs0.010.000.000.000.010.000.000.000.000.000.000.000.000.000.000.010.000.000.000.00
One-off items––––––––––0.000.000.000.000.000.000.000.000.000.00
Profit before tax0.16−0.580.110.110.11−0.440.100.120.270.090.110.120.160.380.130.180.200.200.170.17
–0.040.01––––––0.110.000.000.000.030.000.000.000.190.000.00
Tax rate––12.6%––––––122.0%0.0%0.0%0.0%6.8%0.0%0.0%0.0%91.5%0.0%0.0%
Net profit0.16−0.620.100.110.11−0.440.100.120.27−0.020.110.120.160.350.130.180.200.020.170.17
Net margin20.0%−259.2%49.2%26.3%32.5%−155.9%52.8%55.3%10.6%−1.6%41.9%14.9%1,58,400.0%63.2%––––––
Earnings per share–––––−₹0.01₹0.01₹0.01₹0.02–₹0.01₹0.01₹0.01₹0.02₹0.01₹0.01₹0.01₹0.00₹0.01₹0.01
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
3.50.0Mar 113.00.1Mar 125.20.5Mar 131.5−0.9Mar 141.60.9Mar 152.1−0.2Mar 161.6−0.1Mar 174.20.5Mar 182.30.70Mar 1900.50.0Mar 20
Peak revenue ₹5.16 Cr, year to Mar 2013; lowest ₹0.00 Cr, year to Mar 2020A loss in 3 of the 10 years shown

Operating and net margin, per cent

  • Operating margin
  • Net margin
60.0%−64.4%8.9%14.8%60.0%−5.2%−5.6%14.1%34.1%1.0%3.5%9.8%−64.4%59.0%−8.7%−7.6%11.2%32.4%Mar 11Mar 13Mar 15Mar 17Mar 19Mar 20

Results for the year to Mar 2020

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

From revenue to net profit

  1. Revenue0.0
  2. Employee costs−0.2
  3. Other expenses−0.3
  4. Operating profit−0.4
  5. Depreciation0.0
  6. Other income+1.2
  7. One-off items0.0
  8. Finance costs0.0
  9. Profit before tax0.7
  10. Tax−0.2
  11. Net profit0.5

What the company owns

  • Plant, investments and other assets₹18 Cr
  • Inventory₹2 Cr
  • Cash and bank₹0 Cr

What pays for it: net worth and liabilities

  • Net worth₹19 Cr
  • Other liabilities₹0 Cr
  • Borrowings₹0 Cr

Profit and loss

Standalone, ₹ crore, years to March. The last column is the twelve months to Sep 2020, the latest four quarters added.

₹ croreMar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Sep 2020Twelve months
Revenue from operations3.452.995.161.471.582.151.564.202.300.000.00
–2.724.40–0.632.261.643.601.520.430.43
Materials and goods bought3.382.414.132.340.001.260.603.200.760.000.00
Employee costs–0.060.08–0.12–0.200.150.400.170.21
Other expenses–0.260.21–0.52–0.840.250.360.260.22
Operating profit before depreciation–0.270.76–0.95−0.11−0.090.590.79−0.43−0.43
Operating margin–8.9%14.8%–60.0%−5.2%−5.6%14.1%34.1%––
Materials, % of revenue–80.5%79.9%–0.0%–38.6%76.4%33.0%––
Employee costs, % of revenue–2.1%1.5%–7.7%–12.9%3.5%17.4%––
Other expenses, % of revenue–8.6%4.1%–32.8%–54.1%6.0%15.5%––
Depreciation and amortisation–0.000.00–0.000.000.000.000.000.000.00
Operating profit after depreciation–0.270.76–0.95−0.11−0.090.590.78−0.44−0.44
Other income–0.05––––––0.001.161.18
Finance costs–0.000.02–0.010.020.010.010.010.010.00
One-off items––––––––0.000.000.00
Profit before tax0.040.310.73−0.940.93−0.15−0.100.580.770.710.74
–0.200.22––0.040.010.110.030.190.19
Net profit0.040.110.50−0.940.93−0.19−0.120.470.750.530.55
Net margin1.0%3.5%9.8%−64.4%59.0%−8.7%−7.6%11.2%32.4%––
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the year to Mar 2016 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 2011 and Mar 2014: the statement does not state its finance costs or 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 2020, after the latest full year: the balance sheet at its end.

₹ croreMar 2019Mar 2020Sep 2020Half year
18.619.219.5
Share capital17.617.617.6
Reserves1.01.51.9
0.00.00.0
0.20.10.4
0.00.10.0
Total assets18.819.319.9
16.517.618.1
2.31.71.7
Net debt−0.40.00.0
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 2011, Mar 2012, Mar 2013, Mar 2014, Mar 2015, 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 2020, after the latest full year: the cash flow over its six months.

₹ croreSep 2020Half year
−0.56
−0.52
−0.28
Payables0.08
Other working capital−0.36
Tax paid−0.04
Capital spending0.00
Free cash flow−0.56
0.00
0.56
Dividends paid0.00
Shares bought back0.00
Shares issued0.00
Net change in cash−0.01
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.

Per share

Standalone, ₹ per share, years to March.

₹ per shareMar 2017Mar 2018Mar 2019Mar 2020
Earnings per share−₹0.02₹0.03₹0.04₹0.03
Diluted earnings per share−₹0.02₹0.03₹0.04₹0.03
Book value per share––₹1.06₹1.09
Market cap at the year end (₹ crore)––23.98.1

Ratios

Standalone, years to March.

RatioMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue growth−13.4%72.8%−71.6%7.8%35.8%−27.4%169.4%−45.1%−100.0%
Operating profit growth–185.4%–––––32.8%–
Net profit growth194.4%375.5%–––––58.7%−29.2%
Earnings per share growth–––––––33.3%−25.0%
Return on equity–––––––4.0%–
Return on capital employed–––––––4.2%−2.3%
Interest cover66.844.8–135.1––56.860.8–
Debt to equity–––––––0.000.00
Receivable days–––––––35–
Inventory days–––––––742–
Payable days–––––––37–
Cash conversion cycle, days–––––––740–
Working capital days–––––––275–
Asset turnover–––––––0.120.00
Assets per rupee of net worth–––––––1.011.01
Sales per rupee of plant–––––––658.490.00
Plant being built, % of plant in use–––––––0.0%0.0%
Interest cover is left blank for the years to Mar 2016, Mar 2017 and Mar 2020: operating profit after depreciation is a loss, and a loss covers no interest bill. No balance sheet is on record for the years to Mar 2011, Mar 2012, Mar 2013, Mar 2014, Mar 2015, 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 2020.

Return on assets, latest year
2.8%
Measure10 years5 years3 years
Profit growth, yearly rate–−10.7%–
Return on capital employed, average––1.0%
Operating margin, average–9.3%24.1%
Net margin, average4.0%6.8%21.8%
Asset turnover, average––0.06
Interest cover, average––58.8
Debt to equity, average––0.00

Accounting checks

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

CheckMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Altman Z-scorePublished threshold 1.1–––––––101.19152.08
Receivables growth less revenue growthOur threshold 0 percentage points––––––––0.00
Inventory growth less cost-of-goods growthOur threshold 0 percentage points––––––––100.00
Assets under construction, years of additionsOur threshold 2 years of additions––––––––0.00
Effective tax ratePublished threshold 17.16 per cent65.4430.77––––19.143.3326.07
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 2020 the company reports one business segment, Food and Beverages, which carries all its revenue.

Where the return came from

Yearly rates to Mar 2020, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−66.2%−29.2%−52.2%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 over 1 year is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.

Pazel International share price by year

Each calendar year to 2022.

YearClose at year endChangeHighest closeLowest close
20220.54+42.1%0.540.39
20210.38+72.7%0.900.20
20200.22−54.2%0.780.19
20190.48−62.2%1.530.44
20181.27−2.3%1.301.27
20151.30−82.2%7.201.30
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2018 is from its first session, 27 Sep 2018. The change in 2018 is on the close at the end of 2015, the last year before it with a trade. The close is the year's last trade for 2022 (28 Feb 2022), 2018 (14 Dec 2018) and 2015 (26 Aug 2015).

Recent sessions

The 10 trading days to 28 Feb 2022, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
28 Feb 20220.520.540.500.540.5356,78,542
21 Feb 20220.480.520.480.520.4953,77,828
14 Feb 20220.500.500.460.500.5071,47,251
7 Feb 20220.480.480.480.480.4833,27,438
31 Jan 20220.460.460.460.460.4618,35,146
24 Jan 20220.440.440.440.440.4410,97,129
17 Jan 20220.420.420.420.420.4213,10,611
10 Jan 20220.400.400.400.400.4018,08,368
3 Jan 20220.390.390.390.390.3917,01,902
27 Dec 20210.380.380.380.380.3815,36,183
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
22 Nov 2013Price move–Between two trading sessions the price fell 47% or more, or rose 90% or more. No corporate action is on record. Earlier prices are not shown.
Where an event has no factor that can be worked out, the chart leaves out the closes before it.

Company details

BSE code
504335
ISIN
INE040N01029
Industry
Commercial Services & Supplies
CIN
L60200MH1980PLC022303
Corporate identity number, the registrar of companies' code for it
Incorporated
1980
Registered office
Shop No. 115, V Star Plaza, Plot No. 16, Chandavarkar Road, Opposite Raj Mahal Hotel, Borivali (West), Mumbai 400092, Maharashtra
Share registrar
Bigshare Services Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments