Quest Financial Services (Delisted) share price

BSE: 539962Finance

Quest Financial Services Ltd. · Face value ₹10 · Listed Jul 2016

Last traded ₹0.45 on 13 Jun 2022

Delisted on 10 Jan 2024.

Last announcements

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

Share price history

Daily closes since Sep 2016, adjusted for splits and bonuses

Daily close, ₹ per share

Results for the quarter to Mar 2023

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

Revenue
₹0.12 Cr+264.6% on a year ago · +948.2% on the quarter before
Operating profit
₹0.00 Cr
Net profit
₹0.00 Cr
Earnings per share
₹0.00
Operating margin
−2.9%
Net margin
3.6%

From revenue to net profit, ₹ crore

  1. Revenue0.1
  2. Materials and goods−0.1
  3. Employee costs0.0
  4. Other expenses0.0
  5. Operating profit0.0
  6. Depreciation0.0
  7. Other income0.0
  8. Finance costs0.0
  9. Profit before tax0.0
  10. Tax0.0
  11. Net profit0.0

Quest Financial Services results by quarter

Standalone: the listed company alone, without its subsidiaries. Latest quarter to Mar 2023. Results for the quarter to Jun 2023 were due by 14 Aug 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
0.00.0Jun 200.00.0Sep 200.00.0Dec 200.00.0Mar 210.00.0Jun 210.10.0Sep 210.00.0Dec 210.00.0Mar 220.00.0Jun 220.00.0Sep 220.00.0Dec 220.10.0Mar 23
Peak revenue ₹0.12 Cr, quarter to Mar 2023; lowest ₹0.01 Cr, quarter to Dec 2022Back to profit in the quarter to Mar 2023, ₹0.00 Cr

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
5.0%−350.0%−77.0%−57.1%−350.0%−2.9%−17.9%−1.7%−61.0%−2.7%−32.6%5.0%−1.0%−5.6%−78.1%−57.6%−350.0%3.6%Jun 20Dec 20Jun 21Dec 21Jun 22Dec 22Mar 23
₹ croreJun 2018Q1Sep 2018Dec 2018Q3Mar 2019Jun 2019worked outSep 2019Dec 2019Q3Mar 2020Jun 2020Q1Sep 2020Dec 2020Q3Mar 2021Jun 2021Q1Sep 2021Dec 2021Q3Mar 2022Jun 2022Q1Sep 2022Dec 2022Q3Mar 2023Filed 31 May
Revenue from operations0.050.050.050.050.060.070.05−0.020.030.030.020.030.030.060.040.030.020.020.010.12
–––––––0.04––––––––0.030.030.050.12
Materials and goods bought0.000.000.002.110.010.050.000.000.000.000.020.000.000.030.010.000.000.000.000.10
Employee costs–––––––0.02––––––––0.020.020.020.01
Other expenses–––––––0.01––––––––0.010.010.030.01
Operating profit before depreciation–––––––−0.06––––––––−0.01−0.01−0.040.00
Operating margin–––––––268.0%––––––––−77.0%−57.1%−350.0%−2.9%
Depreciation and amortisation––––0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Other income0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.01
Finance costs0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
One-off items––––0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Profit before tax−0.030.010.00−2.60−0.03−0.02−0.37−0.06−0.010.00−0.010.00−0.010.000.000.00−0.01−0.01−0.040.00
Tax0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Tax rate–25.7%–––––––––––0.0%–––––0.0%
Net profit−0.030.010.00−2.60−0.03−0.02−0.37−0.06−0.010.00−0.010.00−0.010.000.000.00−0.01−0.01−0.040.00
Other comprehensive income––––0.000.000.00−0.180.000.000.000.000.000.000.000.000.000.000.000.00
Total comprehensive income––––−0.03−0.02−0.37−0.24−0.010.00−0.010.00−0.010.000.000.00−0.01−0.01−0.040.00
Net margin−61.0%20.8%−2.6%−5,480.6%−49.8%−33.1%−748.3%265.8%−17.9%−1.7%−61.0%−2.7%−32.6%5.0%−1.0%−5.6%−78.1%−57.6%−350.0%3.6%
Earnings per share₹0.00₹0.00₹0.00−₹0.21₹0.00₹0.00−₹0.03−₹0.02₹0.00₹0.00₹0.00₹0.00–₹0.00₹0.00₹0.00₹0.00₹0.00₹0.00₹0.00
Earnings per share in rupees, restated for later splits and bonuses.

The quarter to Jun 2021 was restated in the company's filing of 21 Dec 2021. The table shows the restated figures.

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
0.9−0.1Mar 170.5−24Mar 180.2−2.60Mar 190.1−0.50Mar 200.10.00Mar 210.20.00Mar 220.2−0.10Mar 23
Peak revenue ₹0.94 Cr, year to Mar 2017; lowest ₹0.12 Cr, year to Mar 2021A loss in 7 of the 7 years shown

Operating and net margin, per cent

  • Operating margin
  • Net margin
−5.4%−4,538.1%−400.9%−40.7%−8.8%−4,538.1%−1,379.8%−380.3%−17.7%−5.4%−36.2%Mar 17Mar 18Mar 19Mar 20Mar 21Mar 22Mar 23

Results for the year to Mar 2023

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

From revenue to net profit

  1. Revenue0.2
  2. Materials and goods−0.1
  3. Employee costs−0.1
  4. Other expenses−0.1
  5. Operating profit−0.1
  6. Depreciation0.0
  7. Other income0.0
  8. One-off items0.0
  9. Finance costs0.0
  10. Profit before tax−0.1
  11. Tax0.0
  12. Net profit−0.1

What the company owns

  • Plant, investments and other assets₹27 Cr
  • Inventory₹17 Cr
  • Cash and bank₹0 Cr

What pays for it: net worth and liabilities

  • Net worth₹43 Cr
  • Other liabilities₹0 Cr

Profit and loss

Standalone, ₹ crore, years to March.

₹ croreMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Filed 31 May
Revenue from operations0.90.50.20.10.10.20.2
–––0.6––0.2
Materials and goods bought0.4–2.10.10.00.00.1
Employee costs–––0.1––0.1
Other expenses–––0.5––0.1
Operating profit before depreciation–––−0.5––−0.1
Operating margin–––−400.9%––−40.7%
Materials, % of revenue–––50.8%––60.1%
Employee costs, % of revenue–––67.8%––45.5%
Other expenses, % of revenue–––382.3%––35.1%
Depreciation and amortisation0.10.0–0.00.00.00.0
Operating profit after depreciation–––−0.5––−0.1
Other income–0.00.00.00.00.00.0
Finance costs0.10.10.00.00.00.00.0
One-off items–––0.00.00.00.0
Profit before tax−0.1−23.9−2.6−0.50.00.0−0.1
Tax––0.00.00.00.00.0
Net profit−0.1−23.9−2.6−0.50.00.0−0.1
Other comprehensive income–––−0.20.00.00.0
Total comprehensive income–––−0.70.00.0−0.1
Net margin−8.8%−4,538.1%−1,379.8%−380.3%−17.7%−5.4%−36.2%
Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the years to Mar 2017, Mar 2018, Mar 2019, Mar 2021 and Mar 2022: borrowing is this company's raw material rather than a claim against it, and it has no trading cycle, so netting its debt against its cash, adding its interest bill back to its profit or counting days of inventory are not figures about it.

Balance sheet

Standalone, ₹ crore, at 31 March.

₹ croreMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Filed 31 May
4443434343
Share capital123123123123123
Reserves−79−80−80−80−80
Borrowings00000
–0–––
Liabilities due after a year–0–––
Total assets4444444443
–21–––
–23–––
Net debt–0––0
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. Net debt is left blank for the years to Mar 2017, Mar 2018, Mar 2019, Mar 2021 and Mar 2022: borrowing is this company's raw material rather than a claim against it, and it has no trading cycle, so netting its debt against its cash, adding its interest bill back to its profit or counting days of inventory are not figures about it.

Cash flow

Standalone, ₹ crore, years to March.

₹ croreMar 2021Mar 2022Mar 2023Filed 31 May
Cash from operations0.04−0.100.56
Capital spending0.000.000.00
Free cash flow0.04−0.100.56
Cash from investing−0.110.10−0.57
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 cash−0.070.00−0.01
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. 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 2022Mar 2023Filed 31 May
Earnings per share−₹0.01−₹1.94−₹0.21−₹0.05₹0.00₹0.00₹0.00
Diluted earnings per share−₹0.01−₹1.94−₹0.21−₹0.05₹0.00₹0.00₹0.00
Book value per share––₹3.57––––
Market cap at the year end (₹ crore)––2.59––––

Ratios

Standalone, years to March.

RatioMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Filed 31 May
Revenue growth−43.7%−64.0%−32.8%−4.4%37.7%−1.6%
–−5.9%−1.1%0.0%0.0%−0.1%
––4.8 pts1.1 pts0.0 pts−0.1 pts
From the net margin––4.3 pts1.1 pts0.0 pts−0.1 pts
From asset turnover––0.5 pts0.0 pts0.0 pts0.0 pts
From borrowing––0.0 pts0.0 pts0.0 pts0.0 pts
Return on capital employed––−1.2%––−0.2%
Debt to equity––0.00––0.00
Receivable days––292–––
Inventory days––93,921––60,756
Payable days––0–––
Cash conversion cycle, days––94,213–––
Working capital days––64,023–––
Asset turnover–0.000.000.000.000.00
Assets per rupee of net worth–1.011.011.011.011.01
Sales per rupee of plant––9.80–––
Capital spending to depreciation–––0.000.00–
Plant being built, % of plant in use––0.0%–––
Debt to equity, interest cover, receivable days, inventory days, payable days, cash conversion cycle, days, return on capital employed and working capital days are left blank for the years to Mar 2017, Mar 2018, Mar 2019, Mar 2021 and Mar 2022: borrowing is this company's raw material rather than a claim against it, and it has no trading cycle, so netting its debt against its cash, adding its interest bill back to its profit or counting days of inventory are not figures about it. Interest cover is left blank for the years to Mar 2020 and Mar 2023: 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 2023.

Return on assets, latest year
−0.1%
Measure5 years3 years
Revenue growth, yearly rate−20.7%9.0%
Return on equity, average−1.5%−0.1%
Net margin, average−363.9%−19.8%
Asset turnover, 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 2023.

₹ crore3 yearsLatest year
Cash from operations0.510.56
Cash from investing−0.58−0.57
Cash from financing0.000.00
Capital spending0.000.00
Dividends paid0.000.00
Shares bought back0.000.00
Shares issued for cash0.000.00

Accounting checks

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

CheckMar 2020Mar 2021Mar 2022Mar 2023
Profit not backed by cash, % of assetsPublished threshold 10 per cent of average total assets–0.12−0.03−0.13
Inventory growth less cost-of-goods growthOur threshold 0 percentage points96.55100.00–−168.71
Other current assets growth less revenue growthOur threshold 5 per cent of revenue−4,051.58–––
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 2023 the company reports one business segment, NON-BANKING FINANCE COMPANY, which carries all its revenue.

Quest Financial Services share price by year

Each calendar year to 2022.

YearClose at year endChangeHighest closeLowest close
20220.45+55.2%0.550.30
20210.29+52.6%0.290.19
20200.190.0%0.250.19
20190.19−26.9%0.350.19
20180.26−38.1%0.510.16
20170.42−87.5%4.160.42
20163.35–13.903.14
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2021 is from its first session, 1 Mar 2021. 2016 is from its first session, 14 Sep 2016. The close is the year's last trade for 2022 (13 Jun 2022) and 2020 (11 Mar 2020).

Recent sessions

The 10 trading days to 13 Jun 2022, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
13 Jun 20220.450.450.450.450.451,44,264
6 Jun 20220.470.470.470.470.4761,557
30 May 20220.490.490.490.490.4951,132
23 May 20220.540.540.510.510.524,28,166
16 May 20220.570.570.530.530.569,52,242
9 May 20220.550.550.550.550.555,67,555
2 May 20220.530.530.530.530.537,53,009
25 Apr 20220.510.510.510.510.511,64,942
18 Apr 20220.490.490.490.490.496,27,596
11 Apr 20220.470.470.470.470.474,53,821
Prices in ₹ per share as traded, not adjusted.

Company details

BSE code
539962
ISIN
INE064D01012
Industry
Finance
CIN
L65993WB1980PLC033060
Corporate identity number, the registrar of companies' code for it
Incorporated
1980
Registered office
21, Centre Point, 2nd Floor, Hemanta Basu Sarani, Room No. 230, Kolkata 700001, West Bengal
Share registrar
Niche Technologies Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments