Positive Electronics (Delisted) share price

BSE: 539178Commercial Services & Supplies

Positive Electronics Limited · Face value ₹10 · Listed Jun 2015

Last traded ₹10.58 on 23 Dec 2015

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 Jun 2015, adjusted for splits and bonuses

Daily close, ₹ per share

Q3 results, quarter to Dec 2022

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

Revenue
₹0.00 Cr
Operating profit
−₹0.02 Cr
Net profit
₹0.04 Cr
Earnings per share
₹0.11

From revenue to net profit, ₹ crore

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

Positive Electronics results by quarter

Standalone: the listed company alone, without its subsidiaries. Latest quarter to Dec 2022. Results for the quarter to Mar 2023 were due by 30 May 2023, 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
00.0Mar 2000.0Jun 2000.0Sep 2000.0Dec 2000.0Mar 2100.0Jun 2100.0Sep 2100.0Dec 2100.0Mar 2200.0Jun 2200.0Sep 2200.0Dec 22
Peak revenue ₹0.00 Cr, quarter to Mar 2020Back to profit in the quarter to Dec 2022, ₹0.04 Cr

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
₹ croreMar 2018Jun 2018Q1Sep 2018Dec 2018Q3Mar 2019Jun 2019Q1Sep 2019Dec 2019Q3Mar 2020Jun 2020Q1Sep 2020Dec 2020Q3Mar 2021Jun 2021Q1Sep 2021Dec 2021Q3Mar 2022Jun 2022Q1Sep 2022Dec 2022Q3
Revenue from operations–0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
–0.040.020.020.080.030.050.090.000.010.010.010.020.020.020.020.020.020.020.02
Materials and goods bought–0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Employee costs–0.000.010.010.040.020.020.020.010.010.010.010.010.010.010.010.010.010.010.01
Other expenses–0.040.010.010.030.010.030.07−0.010.000.010.000.010.010.010.010.010.010.010.00
Operating profit before depreciation–−0.04−0.02−0.02−0.08−0.03−0.05−0.090.00−0.01−0.01−0.01−0.02−0.02−0.02−0.02−0.02−0.02−0.02−0.02
Depreciation and amortisation–0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Other income–0.000.010.060.080.070.120.00−0.040.000.010.020.030.030.030.010.000.010.000.05
Finance costs–0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
One-off items–0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Profit before tax−0.06−0.04−0.010.040.010.040.08−0.08−0.03−0.010.000.010.010.010.01−0.01−0.02−0.01−0.020.04
–0.000.000.000.000.000.020.000.000.000.000.000.010.010.000.000.000.000.000.00
Tax rate–––0.0%30.1%0.0%26.0%––––38.8%157.3%56.7%0.0%––––0.0%
Net profit−0.06−0.04−0.010.040.010.040.06−0.08−0.03−0.010.000.000.000.000.01−0.01−0.02−0.01−0.020.04
Earnings per share−₹0.20−₹0.11−₹0.03₹0.13₹0.02₹0.13₹0.18−₹0.26−₹0.10−₹0.03−₹0.01₹0.02−₹0.01₹0.01₹0.04−₹0.04−₹0.06−₹0.03−₹0.06₹0.11
Earnings per share in rupees, restated for later splits and bonuses.

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
  • Loss
0.20.0Mar 17−0.1Mar 1800.00Mar 1900.00Mar 2000.00Mar 2100.00Mar 22
Peak revenue ₹0.21 Cr, year to Mar 2017; lowest ₹0.00 Cr, year to Mar 2019A loss in 4 of the 6 years shown

Operating and net margin, per cent

  • Operating margin
  • Net margin
−16.7%−16.7%−16.7%Mar 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. Revenue0.0
  2. Employee costs0.0
  3. Other expenses0.0
  4. Operating profit−0.1
  5. Depreciation0.0
  6. Other income+0.1
  7. One-off items0.0
  8. Finance costs0.0
  9. Profit before tax0.0
  10. Tax0.0
  11. Net profit0.0

What the company owns

  • Plant, investments and other assets₹4 Cr
  • Cash and bank₹0 Cr

What pays for it: net worth and liabilities

  • Net worth₹4 Cr
  • Other liabilities₹0 Cr

Profit and loss

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

₹ croreMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Dec 2022Twelve months
Revenue from operations0.21–0.000.000.000.000.00
––0.140.160.060.080.08
Materials and goods bought––0.000.000.000.000.00
Employee costs––0.060.070.040.050.05
Other expenses––0.090.090.020.030.03
Operating profit before depreciation––−0.14−0.16−0.06−0.08−0.08
Depreciation and amortisation––0.000.000.000.000.00
Operating profit after depreciation––−0.14−0.16−0.06−0.08−0.08
Other income––0.150.160.050.070.07
Finance costs––0.000.000.000.000.00
One-off items––0.000.000.000.000.00
Profit before tax−0.03−0.110.010.00−0.01−0.01−0.01
0.01–0.000.000.000.000.00
Net profit−0.04−0.110.010.00−0.01−0.01−0.01
Net margin−16.7%––––––
Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the year to Mar 2017: 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 year to Mar 2018: the statement does not state its revenue, 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 2022, after the latest full year: the balance sheet at its end.

₹ croreMar 2019Mar 2020Mar 2021Mar 2022Sep 2022Half year
3.663.663.633.633.60
Share capital3.203.203.203.203.20
Reserves0.460.460.430.430.40
Borrowings0.000.000.000.001.00
0.040.010.010.110.01
4.120.000.000.001.00
Total assets7.823.673.643.744.61
4.101.381.922.382.27
3.722.301.731.362.34
Net debt−0.09−0.12−0.07−0.050.97
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 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
−0.010.331.26
–0.351.29
Payables–0.000.00
Other working capital–0.351.29
Capital spending–0.000.00
Free cash flow−0.010.331.26
–−0.45−1.29
Cash from financing–0.100.01
Dividends paid–0.000.00
Shares bought back–0.000.00
Shares issued–0.000.00
Net change in cash−0.01−0.02−0.02
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 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−₹0.11−₹0.34₹0.02₹0.00−₹0.03−₹0.02
Diluted earnings per share−₹0.11−₹0.34₹0.02₹0.00−₹0.03−₹0.02
Book value per share–––₹11.44₹11.35–

Ratios

Standalone, years to March.

RatioMar 2019Mar 2020Mar 2021Mar 2022
Net profit growth–−88.6%––
Earnings per share growth–−90.0%––
Return on capital employed−3.9%−4.3%−1.6%−2.1%
Debt to equity0.000.000.000.00
Asset turnover0.000.000.000.00
Assets per rupee of net worth2.141.571.001.02
Interest cover is left blank for the year to Mar 2022: 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 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
−0.2%
Measure5 years3 years
Return on capital employed, average−3.0%−2.7%
Asset turnover, average0.000.00
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 operations0.33
Cash from investing−0.45
Cash from financing0.10
Capital spending0.00
Dividends paid0.00
Shares bought back0.00
Shares issued for cash0.00
Borrowings raised0.10
Borrowings repaid0.00

Accounting checks

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

CheckMar 2019Mar 2020Mar 2021Mar 2022
Altman Z-scorePublished threshold 1.14.21295.56356.6636.93
Profit not backed by cash, % of assetsPublished threshold 10 per cent of average total assets–––3.11
Effective tax ratePublished threshold 17.16 per cent30.4276.92––
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 2022 the company reports one business segment, Single Segment, which carries all its revenue.

Positive Electronics share price by year

Each calendar year to 2015.

YearClose at year endChangeHighest closeLowest close
201510.58–61.9510.58
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2015 is from its first session, 30 Jun 2015.

Recent sessions

The 10 trading days to 23 Dec 2015, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
23 Dec 201510.5810.5810.5810.5810.58105
21 Dec 201510.5810.5810.5810.5810.581,200
18 Dec 201510.5810.5810.5810.5810.58100
17 Dec 201510.5810.5810.5810.5810.58435
16 Dec 201510.5810.5810.5810.5810.58203
15 Dec 201510.5810.5810.5810.5810.58601
10 Dec 201510.5810.5810.5810.5810.58403
9 Dec 201510.5810.5810.5810.5810.58113
8 Dec 201510.8211.9410.8210.8210.8250,808
7 Dec 201511.3811.3811.3811.3811.3824
Prices in ₹ per share as traded, not adjusted.

Company details

BSE code
539178
ISIN
INE813P01016
Industry
Commercial Services & Supplies
CIN
L67120WB1981PLC033990
Corporate identity number, the registrar of companies' code for it
Incorporated
1981
Registered office
23A/18, Bolai Kutir, Justice Dwarikanath Road, Bhowanipure, Kolkata 700020, West Bengal
Share registrar
Maheshwari Datamatics Pvt Ltd
Keeps the register of shareholders and handles transfers and dividend payments