Rainbow Papers share price
BSE: 523523Paper, Forest & Jute Products
Rainbow Papers Ltd. · Face value ₹2 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 May 1992
Trading suspended since 4 Feb 2020
Last traded ₹0.15 on 3 Feb 2020
Latest announcements
Routine notices left out.
Aug 2020
Jul 2019
16 Jul · Suspension of Trading
Members of the Exchange are hereby informed that trading in securities of Rainbow Papers Limited will be suspended with effect from July 18, 2019 (closing hour of trading on July 17, 2019) on account of non-compliance with SEBI (Depositories and Participants), Regulation, 2018.
Mar 2019
5 Mar · Corporate Insolvency Resolution Process
Feb 2019
22 Feb · Shareholding for the Period Ended December 31, 2018
Shareholding Pattern for the Period Ended December 31, 2018. For more details, kindly Click ....22 Feb · Statement Of Investor Complaints For The Quarter Ended December 2018
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 0
Q3 results, quarter to Dec 2018
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
- ₹0.00 Cr
- Operating profitOperating profit before depreciation (EBITDA). Revenue less operating expenses: what the business earns from its operations before depreciation, interest and tax. Operating profit before depreciation (EBITDA) in the glossary
- −₹0.54 Cr
- Net profitNet profit. What is left of revenue and other income after every cost, interest and tax. Net profit in the glossary
- −₹25 Cr
- 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
- −₹2.33
From revenue to net profit, ₹ crore
- Revenue0.0
- Employee costs−0.4
- Other expenses−0.1
- Operating profit−0.5
- Depreciation−24
- Other income0.0
- Finance costs0.0
- Profit before tax−25
- Tax0.0
- Net profit−25
Rainbow Papers results by quarter
Standalone: the listed company alone, without its subsidiaries. Latest quarter to Dec 2018. Results for the quarter to Mar 2019 were due by 30 May 2019, 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
Peak revenue ₹43 Cr, quarter to Jun 2016; lowest −₹0.02 Cr, quarter to Dec 2017A loss in 11 of the 11 quarters with results on record
Operating and net margin by quarter, per cent
- Operating margin
- Net margin
| ₹ crore | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018Q1 | Sep 2018 | Dec 2018Q3 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 194 | 148 | 133 | 139 | 139 | 144 | 77 | 68 | – | 43 | 8 | 0 | 0 | 0 | 0 | 0 | – | 0 | 0 | 0 |
| 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 | 156 | 115 | 105 | 111 | 124 | 184 | 107 | 89 | – | 51 | 19 | 7 | 1 | – | 5 | – | – | 2 | 1 | 1 |
| 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 | 123 | 80 | 75 | 83 | 86 | 100 | 67 | 58 | – | 28 | 4 | – | 1 | – | 0 | – | – | 0 | 0 | 0 |
| Employee costsEmployee costs. Salaries, wages, bonuses and other benefits paid to staff in the period. Employee costs in the glossary | – | 5 | 5 | – | – | – | – | 5 | – | 5 | 5 | 1 | −1 | – | 2 | – | – | 0 | 0 | 0 |
| Other expensesOther expenses. Every operating cost besides materials and staff: power, rent, freight, repairs, marketing and the like. Other expenses in the glossary | – | 30 | 25 | – | – | – | – | 26 | – | 17 | 10 | 6 | 1 | – | 3 | – | – | 1 | 0 | 0 |
| Operating profit before depreciation | 38 | 33 | 28 | 27 | 15 | −41 | −29 | −22 | – | −8 | −11 | −7 | −1 | – | −5 | – | – | −2 | −1 | −1 |
| Operating margin | 19.7% | 22.1% | 21.1% | 19.8% | 10.6% | −28.4% | −38.1% | −32.3% | – | −17.9% | −133.8% | −4,111.8% | −1,155.6% | – | −1,709.9% | – | – | – | – | – |
| Depreciation and amortisationDepreciation and amortisation. The part of the cost of plant, buildings and other long-lived assets charged against each year they are used. Depreciation and amortisation in the glossary | 13 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | – | 25 | 25 | 25 | 61 | 28 | 28 | 28 | 28 | 24 | 24 | 24 |
| 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 | 2 | 3 | 3 | 4 | 2 | 2 | 3 | – | 0 | 1 | 0 | 0 | 0 | 0 | 0 | – | 0 | 0 | 0 |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. Finance costs in the glossary | 16 | 18 | 17 | 20 | 16 | 17 | 18 | 22 | – | 8 | 7 | −1 | −7 | – | 0 | – | 0 | 0 | 0 | 0 |
| Profit before one-off items and taxProfit before one-off items and tax. Profit before tax as it would be without the one-off items below it, as the company states it. Profit before one-off items and tax in the glossary | 10 | 8 | 4 | 1 | −7 | −65 | −55 | −50 | – | −41 | −43 | −31 | −55 | −107 | −33 | −31 | −28 | −26 | −25 | −25 |
| One-off itemsExceptional items. Gains or losses the company reports separately because they are not expected to recur, such as selling a business or writing down an asset. Exceptional items in the glossary | – | 0 | – | – | 0 | – | – | – | – | – | – | – | – | – | – | – | – | 0 | 0 | 0 |
| Profit before tax | 10 | 8 | 4 | 1 | −7 | −65 | −55 | −50 | – | −41 | −43 | −31 | −55 | −107 | −33 | −31 | −28 | −26 | −25 | −25 |
| Tax | 10 | – | – | – | −19 | – | – | – | – | – | – | – | – | – | – | – | – | 0 | 0 | 0 |
| Tax rateEffective tax rate. Tax charged as a percentage of profit before tax. Effective tax rate in the glossary | 94.8% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Net profit | 1 | 8 | 4 | 1 | 12 | −65 | −55 | −50 | – | −41 | −43 | −31 | −55 | −107 | −33 | −31 | −28 | −26 | −25 | −25 |
| Net margin | 0.3% | 5.3% | 2.7% | 0.7% | 8.7% | −45.5% | −70.7% | −73.4% | – | −95.6% | −519.1% | −18,252.9% | −60,688.9% | −5,35,750.0% | −11,526.8% | 1,53,550.0% | – | – | – | – |
| Earnings per share | ₹0.05 | – | – | – | – | – | – | – | – | – | – | – | −₹5.14 | −₹10.09 | −₹3.08 | −₹2.89 | −₹2.65 | −₹2.43 | −₹2.35 | −₹2.33 |
Earnings per share in rupees, restated for later splits and bonuses. No results on record for the quarter to Mar 2016.
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
Peak revenue ₹656 Cr, year to Mar 2014; lowest ₹0.28 Cr, year to Mar 2018A loss in 2 of the 9 years with results on record
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 2018
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
From revenue to net profit
- Revenue0.3
- Materials and goods−0.3
- Employee costs−2.7
- Other expenses−85
- Operating profit−88
- Depreciation−111
- Other income0.0
- Finance costs0.0
- Profit before tax−199
- Net profit−199
Profit and loss
Standalone, ₹ crore, years to March. No results on record for the year to Mar 2016.
| ₹ crore | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 236 | 286 | 395 | 450 | 527 | 656 | 559 | – | 52 | 0 |
| 184 | 221 | 306 | 357 | 425 | 524 | 456 | – | 78 | 88 | |
| Materials and goods bought | 118 | 141 | 189 | 229 | 275 | 376 | 323 | – | 34 | 0 |
| Employee costs | 7 | 8 | 11 | – | 18 | – | – | – | 10 | 3 |
| Other expenses | 59 | 73 | 106 | – | 132 | – | – | – | 34 | 85 |
| Operating profit before depreciation | 52 | 64 | 89 | 93 | 102 | 132 | 103 | – | −27 | −88 |
| Operating margin | 22.1% | 22.5% | 22.6% | 20.7% | 19.3% | 20.1% | 18.4% | – | −51.7% | −31,282.1% |
| Materials, % of revenueMaterials, % of revenue. Raw materials used and goods bought for resale, adjusted for the change in stock, divided by revenue, times 100. Materials, % of revenue in the glossary | 49.8% | 49.3% | 47.9% | – | 52.3% | – | – | – | 65.8% | 100.0% |
| Employee costs, % of revenueEmployee costs, % of revenue. Salaries, wages and other staff costs divided by revenue, times 100. Employee costs, % of revenue in the glossary | 2.9% | 2.7% | 2.8% | – | 3.4% | – | – | – | 19.3% | 946.4% |
| Other expenses, % of revenueOther expenses, % of revenue. Operating costs besides materials and staff divided by revenue, times 100; with the two above and the operating margin it makes 100. Other expenses, % of revenue in the glossary | 25.2% | 25.5% | 26.8% | – | 25.1% | – | – | – | 66.7% | 30,335.7% |
| Depreciation and amortisation | 25 | 24 | 28 | 26 | 27 | 48 | 39 | – | 136 | 111 |
| Operating profit after depreciationOperating profit after depreciation (EBIT). Operating profit before depreciation, less depreciation and amortisation. Operating profit after depreciation (EBIT) in the glossary | 27 | 40 | 61 | 68 | 75 | 84 | 64 | – | −163 | −199 |
| Other income | 0 | 4 | 0 | 2 | 5 | 11 | 12 | – | 1 | 0 |
| Finance costs | 10 | 13 | 16 | 28 | 33 | 61 | 71 | – | 8 | 0 |
| Profit before one-off items and tax | 17 | 31 | 46 | 41 | 47 | 34 | 5 | – | −169 | −199 |
| One-off items | 0 | 0 | 0 | 0 | 0 | – | 0 | – | – | – |
| Profit before tax | 17 | 31 | 45 | 41 | 47 | 34 | 6 | – | −169 | −199 |
| Tax | −7 | 8 | 8 | 8 | 12 | 10 | −19 | – | – | – |
| Net profit | 23 | 24 | 37 | 33 | 35 | 24 | 24 | – | −169 | −199 |
| Net margin | 9.9% | 8.3% | 9.4% | 7.3% | 6.7% | 3.7% | 4.4% | – | −328.2% | −70,975.0% |
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the years to Mar 2012, Mar 2014 and Mar 2015 they do not, so they are left blank.
Ratios
Standalone, years to March.
| Ratio | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 27.3% | 20.9% | 38.3% | 14.0% | 17.0% | 24.6% | −14.8% | – | – | −99.5% |
| Operating profit growthOperating profit growth. This year's operating profit before depreciation less last year's, divided by last year's, times 100; blank where last year's is not above nought. Operating profit growth in the glossary | 49.1% | 23.0% | 38.7% | 4.6% | 8.9% | 29.7% | −21.8% | – | – | – |
| 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 | 86.0% | 0.6% | 57.0% | −11.7% | 7.9% | −32.0% | 1.6% | – | – | – |
| 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 | – | – | – | – | 2.2% | −35.0% | – | – | – | – |
| Interest coverInterest cover. Operating profit after depreciation divided by finance costs: how many times over the profit pays the interest bill. Interest cover in the glossary | 2.6 | 3.1 | 3.9 | 2.4 | 2.3 | 1.4 | 0.9 | – | – | – |
Interest cover is left blank for the years to Mar 2017 and Mar 2018: 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 2018.
| Measure | 10 years | 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. | −47.8% | −77.9% | −92.1% |
| Operating margin, averageOperating margin, average. 3 years: The plain average of the yearly operating 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 operating 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 operating profit margin over the last ten years, needing at least nine of them; a year without the figure is left out, never filled in. | −3,465.4% | −7,823.8% | −15,666.9% |
| 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. | −7,917.1% | −17,823.8% | −35,651.6% |
Accounting checks
Standalone, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.
| Check | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 |
|---|---|---|---|---|---|---|---|---|---|---|
| Effective tax ratePublished threshold 17.16 per cent | −38.95 | 24.22 | 18.36 | 20.41 | 25.56 | 28.74 | −322.84 | – | – | – |
A threshold marked as ours has no published figure; it is the line we read the check against.
Business segments
In the quarter to Dec 2018 the company reports one business segment, Manufacturing of Paper and Paper Products, which carries all its revenue.
Where the return came from
Yearly rates to Mar 2018, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −50.5% | – | – | 0.0% |
| 3 years | −68.4% | – | – | 0.0% |
| 5 years | −50.1% | – | – | 0.2% |
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 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. Earnings growth and the change in P/E over 5 years are left empty: the earnings per share stated for one end does not match that year's profit and share count, and no share count is on record to work it out.
Rainbow Papers dividend calendar
Each payment in the month it went ex, as declared, ₹ a share at the time. Years running counted to the year to Mar 2018.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | In the year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2015 | ₹0.20 | ₹0.20 | |||||||||||
| 2014 | ₹0.40 | ₹0.40 | |||||||||||
| 2013 | ₹0.40 | ₹0.40 | |||||||||||
| 2012 | ₹0.40 | ₹0.40 | |||||||||||
| 2011 | ₹0.40 | ₹0.40 | |||||||||||
| 2010 | ₹2.00 | Not added up | |||||||||||
| 2009 | ₹1.60 | ₹1.60 | |||||||||||
| 2008 | ₹1.60 | ₹1.60 |
Interim or final dividendSpecial dividendNone that month
Rainbow Papers dividend history
Every payment with its ex-date and record date, year by year.
2015
- Sep16Wed
₹0.20FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. Final dividend in the glossary
Ex-date 16 Sep 2015 · books closed to 28 Sep 2015
0.36%of the price
2014
- Sep17Wed
₹0.40Final
Ex-date 17 Sep 2014 · books closed to 25 Sep 2014
0.51%of the price
2013
- Sep5Thu
₹0.40Final
Ex-date 5 Sep 2013 · books closed to 16 Sep 2013
0.53%of the price
2012
- Sep18Tue
₹0.40Final
Ex-date 18 Sep 2012 · books closed to 27 Sep 2012
0.54%of the price
2011
- Sep19Mon
₹0.40Final
Ex-date 19 Sep 2011 · books closed to 27 Sep 2011
0.66%of the price
2010
- Jun29Tue
₹2.00Final
Ex-date 29 Jun 2010 · books closed to 8 Jul 2010
0.91%of the price
2009
- Sep14Mon
₹1.60Final
Ex-date 14 Sep 2009 · books closed to 23 Sep 2009
1.60%of the price
2008
- Sep11Thu
₹1.60Final
Ex-date 11 Sep 2008 · books closed to 22 Sep 2008
1.37%of the price
2007
- Sep12Wed
₹1.60Final
Ex-date 12 Sep 2007 · books closed to 21 Sep 2007
1.59%of the price
Grouped by the calendar year each went ex, so a year's total here can differ from the year it was paid for above. Of the price is the dividend as a share of the close on the session before its ex-date. A book closure is the run of days the company's register is frozen to settle who is paid; a record date is the one-day form of it.
Rainbow Papers share price by year
Each calendar year to 2020.
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2020 | 0.15 | −25.0% | 0.20 | 0.15 |
| 2019 | 0.20 | −83.3% | 1.45 | 0.20 |
| 2018 | 1.20 | −57.9% | 4.40 | 1.00 |
| 2017 | 2.85 | −17.4% | 6.35 | 2.35 |
| 2016BSE close | 3.45 | −91.2% | 39.90 | 2.05 |
| 2015 | 39.25 | −43.5% | 77.35 | 38.45 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. The 2020 close is its last trade, on 3 Feb 2020.
Recent sessions
The 10 trading days to 3 Feb 2020, as traded on BSE.
| Date | Open | High | Low | Close | Average price | Volume |
|---|---|---|---|---|---|---|
| 3 Feb 2020 | 0.10 | 0.15 | 0.10 | 0.15 | 0.15 | 24,567 |
| 27 Jan 2020 | 0.20 | 0.20 | 0.15 | 0.15 | 0.18 | 13,856 |
| 20 Jan 2020 | 0.25 | 0.25 | 0.15 | 0.20 | 0.20 | 26,154 |
| 13 Jan 2020 | 0.20 | 0.25 | 0.15 | 0.20 | 0.16 | 1,17,330 |
| 6 Jan 2020 | 0.20 | 0.20 | 0.15 | 0.20 | 0.20 | 62,124 |
| 30 Dec 2019 | 0.15 | 0.25 | 0.15 | 0.20 | 0.20 | 11,500 |
| 23 Dec 2019 | 0.25 | 0.25 | 0.20 | 0.20 | 0.20 | 83,571 |
| 16 Dec 2019 | 0.20 | 0.25 | 0.20 | 0.25 | 0.22 | 2,33,563 |
| 9 Dec 2019 | 0.20 | 0.25 | 0.15 | 0.25 | 0.19 | 10,01,428 |
| 2 Dec 2019 | 0.25 | 0.30 | 0.20 | 0.20 | 0.20 | 10,83,386 |
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-date | Event | Price factor | What happened |
|---|---|---|---|
| 27 Jan 2020 | Price move | – | Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for. |
| 23 Dec 2019 | Price move | – | Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for. |
| 9 Dec 2019 | Price move | – | Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for. |
| 2 Dec 2019 | Price move | – | Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for. |
| 11 Aug 2010 | Split | 0.2000 | Each share became 5. |
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout. Any other event is noted and not adjusted for.
Company details
- BSE code
- 523523
- ISIN
- INE028D01025
- Industry
- Paper, Forest & Jute Products
- Former symbols
- RAINBOWPAP
- Website
- www.rainbowpapers.com
- CIN
- L21010GJ1986PLC008772
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1986
- Registered office
- 801,, Avdhesh House, Sarkhej - Gandhinagar Highway, Opp Shri Govind Gurudwara, Thaltej, Ahmedabad 380054, Gujarat
- Share registrar
- MUFG Intime India Pvt. Ltd
- Keeps the register of shareholders and handles transfers and dividend payments