Premier Chennai Properties (Delisted) results and financials
BSE: 780007
Premier Chennai Properties 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 Jun 2014
Delisted.
Last announcements
The company's own last announcements before its shares stopped trading, routine notices left out.
Oct 2020
19 Oct · Certificate Under Regulation 40(9) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 For The Half Year Ended September 30, 2020 Received From M/S. Mehta & Mehta, Practicing Company Secretaries.
19 Oct · Shareholding for the Period Ended September 30, 2020
Shareholding Pattern for the Period Ended September 30, 2020. For more details, kindly Click ....17 Oct · Compliance Certificate Under Regulation 7(3) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 For Quarter And Half Year Ended September 30, 2020.
14 Oct · Statement Of Investor Complaints For The Quarter Ended September 2020
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter 0 0 0 07 Oct · Results
Details of Voting results of Postal Ballot, under Regulation 44(3) of SEBI (LODR) Regulations, 2015. Kindly ....
Results for the half year to Mar 2020
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
- ₹3.58 Cr−18.6% on a year ago · −44.8% on the half year beforeChange on a year ago. The change against the same half year a year before: (this half year's figure less that half year's) divided by that half year's, times 100. Left out where either figure is a loss, 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
- ₹0.37 Cr−88.4% on a year ago · −92.0% on the half year before
- 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
- ₹236.40+56.2% on a year ago · +8.0% on the half year before
- Net margin
- 10.2%
From revenue to net profit, ₹ crore
- Revenue3.6
- Other income−1.8
- Finance costs0.0
- Profit before tax0.4
- Tax0.0
- Net profit0.4
Premier Chennai Properties results by half year
Standalone: the listed company alone, without its subsidiaries. Latest half year to Mar 2020. Results for the half year to Sep 2020 were due by 14 Nov 2020, 45 days after it ends. Every company's dates are on the results calendar.
Revenue and net profit by half year, ₹ crore
- Revenue
- Net profit
Peak revenue ₹6.49 Cr, half year to Sep 2019; lowest ₹3.58 Cr, half year to Mar 2020
Operating and net margin by half year, per cent
- Operating margin
- Net margin
| ₹ crore | Sep 2015 | Mar 2016 | Sep 2016 | Mar 2017 | Sep 2017 | Mar 2018 | Sep 2018 | Mar 2019 | Sep 2019 | Mar 2020 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 9.24 | – | 5.23 | 1.62 | 4.65 | 3.62 | 6.11 | 4.40 | 6.49 | 3.58 |
| 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 | – | – | – | – | – | – | – | – | – | – |
| 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 | – | – | – | 0.97 | 1.44 | 1.16 | 1.83 | 1.45 | 1.98 | 0.00 |
| 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 | 1.66 | – | 1.89 | 2.04 | 2.99 | 2.14 | 1.86 | 2.12 | 1.99 | −1.79 |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. Finance costs in the glossary | – | – | – | – | – | – | 0.00 | 0.00 | 0.03 | 0.00 |
| Profit before tax | 5.16 | – | 5.58 | 2.12 | 5.53 | 3.89 | 5.83 | 4.56 | 6.34 | 0.35 |
| 1.68 | – | 1.83 | 0.72 | 1.64 | 0.94 | 1.62 | 1.41 | 1.77 | −0.01 | |
| Tax rateEffective tax rate. Tax charged as a percentage of profit before tax. Effective tax rate in the glossary | 32.6% | – | 32.8% | 33.7% | 29.6% | 24.2% | 27.8% | 30.8% | 27.9% | −3.3% |
| Net profit | 3.47 | – | 3.75 | 1.41 | 3.89 | 2.94 | 4.21 | 3.16 | 4.57 | 0.37 |
| Net margin | 37.6% | – | 71.6% | 86.8% | 83.6% | 81.2% | 68.9% | 71.8% | 70.4% | 10.2% |
| Earnings per share | – | – | – | ₹63.00 | ₹174.32 | ₹136.26 | ₹201.70 | ₹151.35 | ₹218.89 | ₹236.40 |
Earnings per share in rupees, restated for later splits and bonuses. No results on record for the half year to Mar 2016.
6 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
Peak revenue ₹23 Cr, year to Mar 2015; lowest ₹6.86 Cr, year to Mar 2017
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 2020
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
From revenue to net profit
- Revenue10
- Other income+0.2
- Finance costs0.0
- Profit before tax6.7
- Tax−1.8
- Net profit4.9
What the company owns
- Inventory₹94 Cr
- Plant, investments and other assets₹32 Cr
- Current investments₹11 Cr
- Receivables₹1 Cr
- Cash and bank₹0 Cr
What pays for it: net worth and liabilities
- Net worth₹125 Cr
- Other liabilities₹12 Cr
Profit and loss
Standalone, ₹ crore, years to March. No results on record for the year to Mar 2016.
| ₹ crore | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 |
|---|---|---|---|---|---|---|
| Revenue from operations | 22.7 | – | 6.9 | 8.3 | 10.5 | 10.1 |
| – | – | – | – | – | – | |
| Materials and goods bought | – | – | 2.3 | 2.6 | 3.3 | 0.0 |
| Other income | 3.8 | – | 3.9 | 5.1 | 4.0 | 0.2 |
| Finance costs | – | – | – | – | 0.0 | 0.0 |
| Profit before tax | 20.8 | – | 7.7 | 9.4 | 10.4 | 6.7 |
| 6.3 | – | 2.5 | 2.6 | 3.0 | 1.8 | |
| Net profit | 14.5 | – | 5.2 | 6.8 | 7.4 | 4.9 |
| Net margin | 63.9% | – | 75.2% | 82.6% | 70.1% | 49.0% |
Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the years to Mar 2015, Mar 2017 and Mar 2018: the statement does not state its finance costs or depreciation, which operating profit is worked out from, so operating profit is not given. Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the years to Mar 2019 and Mar 2020: 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.
| ₹ crore | Mar 2019 | Mar 2020 |
|---|---|---|
| Net worth. What the company owns less everything it owes: the money shareholders have in the business, paid in and kept from profits. Net worth in the glossary | 121 | 125 |
| Share capitalShare capital. The face value of all the shares the company has issued. Share capital in the glossary | 0 | 0 |
| ReservesReserves. The rest of the shareholders' net worth: profits kept in the business over the years, and money paid for shares above their face value. Reserves in the glossary | 120 | 125 |
| BorrowingsBorrowings. Loans, bonds and other money the company has borrowed and must repay with interest. Borrowings in the glossary | 0 | 0 |
| Liabilities due within a year. Everything the company must pay within twelve months: borrowings falling due, suppliers, and other dues and provisions. Liabilities due within a year in the glossary | 16 | 12 |
| Liabilities due after a yearLiabilities due after a year. Everything the company owes that falls due more than twelve months on, borrowings among it. Liabilities due after a year in the glossary | 0 | 0 |
| Total assetsTotal assets. Everything the company owns or controls: plant, investments, stock, money owed by customers and cash. Total assets in the glossary | 137 | 137 |
| Assets held for longer than a yearAssets held for longer than a year. Everything the company owns that it does not expect to turn into cash within twelve months: plant, intangibles, long-term investments, loans given and the like. Assets held for longer than a year in the glossary | 0 | 0 |
| Assets turning to cash within a year. Everything the company expects to turn into cash or use up within twelve months: stock, money owed by customers, cash and short-term investments. Assets turning to cash within a year in the glossary | 137 | 137 |
| Net debtNet debt. Borrowings less cash, other bank balances and current investments: what the company would still owe if it used its cash to repay. Net debt in the glossary | −8 | −11 |
Borrowings are counted again inside the liabilities due within a year and after a year. No balance sheet is on record for the years to Mar 2015, Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.
Ratios
Standalone, years to March.
| Ratio | Mar 2018 | Mar 2019 | Mar 2020 |
|---|---|---|---|
| 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 | 20.7% | 27.0% | −4.2% |
| Net profit growthNet profit growth. This year's net profit less last year's, divided by last year's, times 100; blank where last year's is not above nought. Net profit growth in the glossary | 32.6% | 7.8% | −33.0% |
| Earnings per share growthEarnings per share growth. This year's earnings per share less last year's, on the same share count, divided by last year's, times 100; blank where last year's is not above nought. Earnings per share growth in the glossary | 37.3% | 11.8% | −33.0% |
| Return on equity. Profit belonging to shareholders as a percentage of their average net worth over the year. | – | 6.1%what Return on equity, Mar 2019, includes. This year's return on equity, asset turnover and assets per rupee of net worth are on its year-end balance sheet: none a year before is on record to average with. | 4.0% |
| Change in return on equity. This year's return on equity less last year's, in percentage points, split below into what came from the margin, turnover and borrowing, which add up to it. Change in return on equity in the glossary | – | – | −2.1 pts |
| From the net marginChange from the net margin. The part of the change in return on equity that came from profit per rupee of sales. Change from the net margin in the glossary | – | – | −1.8 pts |
| From asset turnoverChange from asset turnover. The part of the change in return on equity that came from sales per rupee of assets. Change from asset turnover in the glossary | – | – | −0.2 pts |
| From borrowingChange from borrowing. The part of the change in return on equity that came from assets per rupee of net worth. Change from borrowing in the glossary | – | – | −0.1 pts |
| Debt to equityDebt to equity. Borrowings at the year end divided by net worth: rupees borrowed for each rupee shareholders have in the business. | – | 0.00 | 0.00 |
| Receivable daysReceivable days. Trade receivables divided by revenue, times 365: the average days customers take to pay. Receivable days in the glossary | – | 26 | 30 |
| Inventory daysInventory days. Inventories divided by the cost of materials and goods, times 365: the days of stock the company holds. Inventory days in the glossary | – | 10,756 | – |
| Working capital daysWorking capital days. Assets turning to cash within a year, less cash, bank deposits and current investments, minus liabilities due within a year, less borrowings, divided by the year's revenue, times 365. Working capital days in the glossary | – | 3,897 | 4,164 |
| Asset turnoverAsset turnover. Revenue divided by average total assets: rupees of sales for each rupee of assets. Asset turnover in the glossary | – | 0.08 | 0.07 |
| Assets per rupee of net worthAssets per rupee of net worth. Average total assets divided by average net worth: how far borrowings and other liabilities stretch the shareholders' money. Assets per rupee of net worth in the glossary | – | 1.13 | 1.11 |
No balance sheet is on record for the years to Mar 2015, 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 yearReturn on assets, latest year. Profit to the company's own shareholders in the latest year ÷ the average of that year's opening and closing total assets × 100; empty for a bank, a lender or an insurer, whose own return on assets is shown with its accounts.
- 3.6%
| Measure | 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. | −15.0% | 13.7% |
| Profit growth, yearly rateProfit growth, yearly rate. 3 years: Profit to the company's own shareholders in the latest year ÷ profit to the company's own shareholders 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: Profit to the company's own shareholders in the latest year ÷ profit to the company's own shareholders 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: Profit to the company's own shareholders in the latest year ÷ profit to the company's own shareholders 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. | −19.4% | −1.5% |
| Return on equity, averageReturn on equity, average. 3 years: The plain average of the yearly return on equity 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 return on equity 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 return on equity over the last ten years, needing at least nine of them; a year without the figure is left out, never filled in. | – | 5.1% |
| 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. | 69.2% | 67.2% |
| Asset turnover, averageAsset turnover, average. 3 years: The plain average of the yearly asset turnover 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 asset turnover 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 asset turnover over the last ten years, needing at least nine of them; a year without the figure is left out, never filled in. | – | 0.08 |
| Debt to equity, averageDebt to equity, average. 3 years: The plain average of the yearly debt to equity 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 debt to equity 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 debt to equity over the last ten years, needing at least nine of them; a year without the figure is left out, never filled in. | – | 0.00 |
Accounting checks
Standalone, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.
| Check | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 |
|---|---|---|---|---|---|---|
| Receivables growth less revenue growthReceivables growth less revenue growth. The growth in money owed by customers less the growth in revenue, in percentage points. Receivables growth less revenue growth in the glossaryOur threshold 0 percentage points | – | – | – | – | – | 16.39 |
| Inventory growth less cost-of-goods growthInventory growth less cost-of-goods growth. The growth in stock held less the growth in the cost of goods sold, in percentage points. Inventory growth less cost-of-goods growth in the glossaryOur threshold 0 percentage points | – | – | – | – | – | 96.80 |
| Other current assets growth less revenue growthOther current assets growth less revenue growth. The growth in other current assets less the growth in revenue, in percentage points. Other current assets growth less revenue growth in the glossaryOur threshold 5 per cent of revenue | – | – | – | – | – | 14.16 |
| Effective tax ratePublished threshold 17.16 per cent | 30.38 | – | 33.07 | 27.41 | 29.13 | 26.30 |
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, Construction development and the entire revenue from operations is from this segment, which carries all its revenue.
Company details
- BSE code
- 780007
- ISIN
- INE245Q01019
- Website
- www.premierchennai.co.in
- CIN
- L70101TN2007PLC065552
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 2007
- Registered office
- 498, Karumuttu Centre, 3rd Floor, South Wing, Nandanam, Anna Salai, Chennai 600035, Tamil Nadu
- Share registrar
- Bigshare Services Pvt. Ltd
- Keeps the register of shareholders and handles transfers and dividend payments