Remi Securities (Delisted) share price

BSE: 511149Commercial Services & Supplies

Remi Securities Ltd. · Face value ₹10 · Listed Jan 1987

Last traded ₹15.41 on 25 Aug 2021

Delisted on 22 Mar 2022.

Last announcements

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

Share price history

Daily closes since Jun 2012, adjusted for splits and bonuses

Daily close, ₹ per share

Q3 results, quarter to Dec 2021

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

Revenue
₹0.18 Cr−20.7% on a year ago · −21.3% on the quarter before
Operating profit
₹0.01 Cr−98.6% on a year ago · −97.7% on the quarter before
Net profit
−₹0.10 Cr
Earnings per share
−₹0.48
Operating margin
5.0%
Net margin
−54.4%

From revenue to net profit, ₹ crore

  1. Revenue0.2
  2. Materials and goods+0.1
  3. Employee costs−0.1
  4. Other expenses−0.2
  5. Operating profit0.0
  6. Depreciation0.0
  7. Other income0.0
  8. Finance costs−0.1
  9. Profit before tax−0.1
  10. Tax0.0
  11. Net profit−0.1

Remi Securities results by quarter

Standalone: the listed company alone, without its subsidiaries. Latest quarter to Dec 2021. Results for the quarter to Mar 2022 were due by 30 May 2022, 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
0.20.2Mar 190.10.1Jun 190.20.0Sep 190.20.3Dec 190.2−0.6Mar 200.10.1Jun 200.20.0Sep 200.20.6Dec 200.1−0.8Mar 210.10.2Jun 210.20.3Sep 210.2−0.1Dec 21
Peak revenue ₹0.22 Cr, quarter to Sep 2021; lowest ₹0.06 Cr, quarter to Jun 2019A loss in the quarter to Dec 2021, −₹0.10 Cr

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
290.2%−589.2%103.8%168.8%11.3%220.6%−291.4%185.7%15.6%290.2%−233.7%176.0%169.1%5.0%77.8%116.2%22.3%165.6%−324.4%174.1%18.0%285.9%−589.2%173.5%131.4%−54.4%Mar 19Sep 19Mar 20Sep 20Mar 21Sep 21Dec 21
₹ croreMar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Q1Sep 2018Dec 2018Q3Mar 2019Jun 2019Q1Sep 2019Dec 2019Q3Mar 2020Jun 2020Q1Sep 2020Dec 2020Q3Mar 2021Jun 2021Q1Sep 2021Dec 2021Q3
Revenue from operations0.120.040.080.290.020.070.040.040.200.060.170.180.200.080.180.220.130.100.220.18
–––––0.09−0.02−0.07−0.01−0.040.15−0.220.78−0.070.15−0.420.44−0.08−0.150.17
Materials and goods bought–––––0.03−0.08−0.13−0.11−0.120.07−0.300.68−0.120.05−0.53−0.13−0.16−0.24−0.08
Employee costs–––––0.040.040.030.060.050.050.050.070.030.040.060.050.050.050.05
Other expenses–––––0.020.020.030.040.030.030.030.030.020.060.050.520.030.040.19
Operating profit before depreciation–––––−0.030.060.110.210.100.020.40−0.580.150.030.64−0.310.180.380.01
Operating margin–––––−43.3%147.7%304.2%103.8%168.8%11.3%220.6%−291.4%185.7%15.6%290.2%−233.7%176.0%169.1%5.0%
Depreciation and amortisation–––––0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Other income0.221.460.120.010.300.050.100.150.010.000.000.000.000.000.000.000.000.000.000.00
Finance costs0.160.000.07–−0.070.000.000.010.010.000.000.000.000.000.000.000.000.000.000.14
One-off items–––––0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Profit before tax0.491.440.030.110.320.020.150.240.210.100.010.40−0.590.150.030.64−0.310.180.38−0.13
–0.56−0.370.030.420.000.030.060.050.03−0.020.100.060.010.000.010.470.000.08−0.03
Tax rate–38.6%−1,476.0%23.1%130.5%−17.3%16.5%22.9%23.8%27.7%−165.7%24.5%–6.2%−15.7%1.5%–1.4%22.3%–
Net profit0.340.880.390.08−0.100.030.130.190.160.070.040.30−0.650.140.030.63−0.770.180.29−0.10
Other comprehensive income–––––0.750.34−0.39−0.94−1.701.03−1.89−2.802.23−0.891.66−0.121.390.651.97
Total comprehensive income–––––0.770.47−0.20−0.79−1.631.06−1.59−3.452.38−0.862.29−0.891.570.951.88
Net margin293.0%2,321.1%525.3%29.1%−570.6%42.2%313.9%528.8%77.8%116.2%22.3%165.6%−324.4%174.1%18.0%285.9%−589.2%173.5%131.4%−54.4%
Earnings per share₹1.69₹4.41₹1.97₹0.42−₹0.49₹0.14₹0.65₹0.94₹0.78₹0.35₹0.19₹1.50−₹3.24₹0.72₹0.16₹3.17−₹3.87₹0.88₹1.46−₹0.48
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
0.20.1Mar 12670.3Mar 1345−1.3Mar 140.50.9Mar 150.10.4Mar 160.30.7Mar 170.31.3Mar 180.60.50.2Mar 190.6−0.20Mar 200.60.00Mar 21
Peak revenue ₹67 Cr, year to Mar 2013; lowest ₹0.08 Cr, year to Mar 2016Back to profit in the year to Mar 2021, ₹0.04 Cr

Operating and net margin, per cent

  • Operating margin
  • Net margin
476.9%−39.6%100.9%−10.1%84.1%64.2%0.5%−3.0%167.8%476.9%219.2%454.3%86.3%−39.6%5.9%Mar 12Mar 14Mar 16Mar 18Mar 20Mar 21

Results for the year to Mar 2021

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

From revenue to net profit

  1. Revenue0.6
  2. Materials and goods+0.7
  3. Employee costs−0.2
  4. Other expenses−0.6
  5. Operating profit0.5
  6. Depreciation0.0
  7. Other income0.0
  8. One-off items0.0
  9. Finance costs0.0
  10. Profit before tax0.5
  11. Tax−0.5
  12. Net profit0.0

What the company owns

  • Plant, investments and other assets₹15 Cr
  • Inventory₹2 Cr
  • Cash and bank₹1 Cr
  • Receivables₹0 Cr

What pays for it: net worth and liabilities

  • Net worth₹18 Cr
  • Other liabilities₹0 Cr

Profit and loss

Standalone, ₹ crore, years to March. The last column is the twelve months to Dec 2021, the latest four quarters added.

₹ croreMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Dec 2021Twelve months
Revenue from operations0.266.744.60.50.10.30.30.60.60.60.6
–––––––0.00.70.10.4
Materials and goods bought–65.343.1––––−0.30.3−0.7−0.6
Employee costs–––––––0.20.20.20.2
Other expenses–––––––0.10.10.60.8
Operating profit before depreciation–––––––0.6−0.10.50.3
Operating margin–––––––100.9%−10.1%84.1%40.8%
Materials, % of revenue–––––––−50.1%53.2%−117.5%−96.1%
Employee costs, % of revenue–––––––29.8%38.0%27.9%32.3%
Other expenses, % of revenue–––––––19.4%18.9%105.5%123.0%
Depreciation and amortisation–––––––0.00.00.00.0
Operating profit after depreciation–––––––0.6−0.10.50.3
Other income0.10.10.10.11.83.02.00.10.00.00.0
Finance costs0.00.81.40.70.00.10.00.00.00.00.1
Profit before one-off items and tax0.20.50.0−0.21.60.21.90.6−0.10.50.1
One-off items––−2.90.5−1.4––0.00.00.00.0
Profit before tax0.20.5−2.90.30.20.21.90.6−0.10.50.1
0.10.2−1.6−0.6−0.1−0.50.60.10.20.50.5
Net profit0.10.3−1.30.90.40.71.30.5−0.20.0−0.4
Other comprehensive income–––––––0.1−5.42.93.9
Total comprehensive income–––––––0.6−5.62.93.5
Net margin64.2%0.5%−3.0%167.8%476.9%219.2%454.3%86.3%−39.6%5.9%−63.3%
Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the years to Mar 2012, Mar 2013, Mar 2014, Mar 2015, Mar 2016, Mar 2017 and Mar 2018: the statement does not state its depreciation, which operating profit is worked out from, so operating profit is not given.
Earlier years, Mar 2008 to Mar 2011
₹ croreMar 2008Mar 2009Mar 2010Mar 2011
Revenue from operations–––1.17
––––
Materials and goods bought2.69–0.23–
Depreciation and amortisation––0.00–
Other income0.130.140.020.63
Finance costs0.730.040.160.10
Profit before tax0.06−0.030.210.54
Tax––0.14−0.03
Net profit0.08−0.010.070.57
Net margin–––48.7%
Standalone, ₹ crore, years to March.

Balance sheet

Standalone, ₹ crore, at 31 March. The last column is the half year to Sep 2021, after the latest full year: the balance sheet at its end.

₹ croreMar 2019Mar 2020Mar 2021Sep 2021Half year
20.615.017.920.4
Share capital2.02.02.02.0
Reserves18.613.015.918.4
Borrowings0.20.00.05.4
Total assets20.815.018.125.9
Inventories1.41.11.82.2
Trade receivables0.10.00.00.0
Cash and cash equivalents0.01.11.30.0
Other bank balances0.00.00.00.0
Net debt0.2−1.1−1.35.3
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 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 2021, after the latest full year: the cash flow over its six months.

₹ croreMar 2021Sep 2021Half year
Cash from operations−0.19−0.31
Capital spending0.000.00
Free cash flow−0.19−0.31
Cash from investing0.40−6.34
Cash from financing0.005.36
Dividends paid0.000.00
Shares bought back0.000.00
Shares issued0.000.00
Net change in cash0.21−1.28
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 2012, Mar 2013, Mar 2014, Mar 2015, Mar 2016, Mar 2017, Mar 2018, Mar 2019 and Mar 2020.

Per share

Standalone, ₹ per share, years to March.

₹ per shareMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Earnings per share₹4.84₹1.86₹3.65₹6.31₹2.50−₹1.20₹0.18
Diluted earnings per share₹4.30₹1.86₹3.65₹6.31₹2.50−₹1.20₹0.18
Book value per share––––₹102.86₹74.83₹89.46

Ratios

Standalone, years to March.

RatioMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue growth−83.7%34,994.7%−33.1%−98.8%−84.8%326.9%−16.5%108.7%4.7%1.3%
Net profit growth−78.6%186.1%––−56.8%96.2%73.0%−60.4%––
Earnings per share growth––––−61.6%96.2%72.9%−60.4%––
–––––––2.4%−1.4%0.2%
––––––––−3.8 pts1.6 pts
From the net margin––––––––−3.5 pts1.6 pts
From asset turnover––––––––−0.2 pts0.0 pts
From borrowing––––––––0.0 pts0.0 pts
Return on capital employed–––––––2.8%−0.4%2.9%
Cash conversion–––––––––−536.9%
Interest cover–––––––24.8––
Debt to equity–––––––0.010.000.00
Receivable days–––––––4721
Inventory days–––––––−1,7751,233−917
Asset turnover–––––––0.030.030.04
Assets per rupee of net worth–––––––1.011.011.01
Interest cover is left blank for the year to 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 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 2021.

Return on assets, latest year
0.2%
Cash from operations against operating profit
−37.4%
Measure10 years5 years3 years
Revenue growth, yearly rate−6.2%51.1%30.3%
Profit growth, yearly rate−24.1%−37.3%−69.5%
Return on equity, average––0.4%
Return on capital employed, average––1.8%
Operating margin, average––58.3%
Net margin, average143.3%145.2%17.5%
Asset turnover, average––0.03
Debt to equity, average––0.00

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 2021.

₹ croreLatest year
Cash from operations−0.19
Cash from investing0.40
Cash from financing0.00
Capital spending0.00
Dividends paid0.00
Shares bought back0.00
Shares issued for cash0.00

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 2020Mar 2021
Inventory growth less cost-of-goods growthOur threshold 0 percentage points––––––––−233.90–
Effective tax ratePublished threshold 17.16 per cent30.8631.16–−218.89−61.74−228.8333.1020.12––
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 2021 the company reports one business segment which carries all its revenue.

Remi Securities share price by year

Each calendar year to 2021.

YearClose at year endChangeHighest closeLowest close
202115.41+14.5%15.4113.72
202013.46+2.0%13.4613.46
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2020 is from its first session, 31 Aug 2020. The change in 2020 is on the close at the end of 2013, the last year before it with a trade. The close is the year's last trade for 2021 (25 Aug 2021) and 2020 (31 Aug 2020).

Recent sessions

The 9 trading days to 25 Aug 2021, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
25 Aug 202115.4115.4115.4115.4115.4150
24 Aug 202114.6814.6814.6814.6814.68100
8 Jan 202113.9913.9913.9913.9913.9925
6 Jan 202113.7213.7213.7213.7213.721
31 Aug 202013.4613.4613.4613.4613.462,05,000
13 Jun 201313.2013.2013.2013.2013.205
12 Jun 201312.9512.9512.9512.9512.9543,997
11 Jun 201312.7012.7012.7012.7012.702,00,000
1 Jun 201212.7012.7012.7012.7012.70100
Prices in ₹ per share as traded, not adjusted.

Company details

BSE code
511149
ISIN
INE592J01019
Industry
Commercial Services & Supplies
CIN
L65990MH1973PLC016601
Corporate identity number, the registrar of companies' code for it
Incorporated
1973
Registered office
11 Cama Industrial Estate Goregaon E, Mumbai 400063, Maharashtra
Share registrar
Bigshare Services Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments