Resurgere Mines & Minerals India share price

BSE: 533017Minerals & Mining

Resurgere Mines & Minerals India Limited · Face value ₹10 · Listed Sep 2008

Trading suspended since 23 May 2017

Last traded ₹0.40 on 22 May 2017

Latest announcements

Routine notices left out.

Share price history

Daily closes since Jun 2012, BSE closes Sep 2008 to Jul 2010, adjusted for splits and bonuses. Earlier closes are left out: on 14 Jun 2012 the share count changed by a ratio the filing does not state.

Daily close, ₹ per share

Q3 results, quarter to Dec 2018

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

Revenue
₹0.48 Cr−0.1% on the quarter before
Operating profit
₹0.76 Cr
Net profit
−₹11 Cr
Earnings per share
−₹0.54
Operating margin
160.0%
Net margin
−2,254.6%

From revenue to net profit, ₹ crore

  1. Revenue0.5
  2. Employee costs−0.1
  3. Other expenses+0.4
  4. Operating profit0.8
  5. Depreciation−1.6
  6. Other income0.0
  7. Finance costs−9.9
  8. Profit before tax−11
  9. Tax0.0
  10. Net profit−11

Resurgere Mines & Minerals India 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
Mar 160.1−15Jun 160.0−15Sep 160.0−16Dec 160.0−15Mar 170.0−15Jun 170.5−15Sep 170.0−14Dec 170.1−14Mar 180−11Jun 180.5−12Sep 180.5−11Dec 18
A loss in 11 of the 11 quarters with results on record

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
160.0%−5,17,333.3%−38,583.3%−11,543.3%−4,233.3%160.0%−19,440.8%−4,87,600.0%−5,17,333.3%−4,97,066.7%−4,91,366.7%−3,324.2%−1,50,255.6%−10,274.1%−2,495.2%−2,254.6%Mar 16Sep 16Mar 17Sep 17Mar 18Sep 18Dec 18
₹ croreMar 2014Jun 2014Sep 2014Dec 2014Mar 2015Jun 2015Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Q1Sep 2018Dec 2018Q3
Revenue from operations0.20.40.30.10.10.10.10.1–0.10.00.00.00.00.50.00.10.00.50.5
−0.20.40.8–––––––––1.20.3–0.4–1.1–−0.3
Materials and goods bought–––––––0.0–––––––––0.0–0.0
Employee costs0.10.20.1–––––––––0.20.2–0.2–0.2–0.1
Other expenses−0.30.20.7–––––––––1.00.2–0.2–1.0–−0.4
Operating profit before depreciation0.40.1−0.6–––––––––−1.2−0.3–−0.4–−1.1–0.8
Operating margin172.1%20.0%−194.0%–––––––––−38,583.3%−11,543.3%–−4,233.3%–––160.0%
Depreciation and amortisation8.48.58.5–––––––––6.76.86.85.22.41.61.61.6
Other income0.40.50.50.50.40.50.50.5–0.50.50.50.70.50.50.80.10.50.50.0
Finance costs5.45.65.86.06.16.36.66.8–7.27.57.77.88.18.58.78.89.19.69.9
Profit before one-off items and tax−13.0−13.5−14.5−14.7−21.6−16.7−17.5−17.2–−14.8−14.6−15.5−14.9−14.7−15.4−13.5−14.3−11.3−11.9−10.7
One-off items–––––––––0.00.0–0.0––––0.0–0.0
Profit before tax−13.0−13.5−14.5−14.7−21.6−16.7−17.5−17.2–−14.8−14.6−15.5−14.9−14.7−15.4−13.5−14.3−11.3−11.9−10.7
Tax0.2––0.00.1–0.0––––––––––0.0–0.0
Net profit−13.2−13.5−14.5−14.7−21.6−16.7−17.5−17.2–−14.8−14.6−15.5−14.9−14.7−15.4−13.5−14.3−11.3−11.9−10.7
Other comprehensive income–––––––––––––––––8.0–−6.3
Total comprehensive income–––––––––––––––––−3.3–−17.1
Net margin−5,982.4%−3,026.8%−5,001.4%−23,787.1%−31,373.9%−28,734.5%−21,865.0%−26,859.4%–−19,440.8%−4,87,600.0%−5,17,333.3%−4,97,066.7%−4,91,366.7%−3,324.2%−1,50,255.6%−10,274.1%–−2,495.2%−2,254.6%
Earnings per share––––––––––––−₹0.75−₹0.74−₹0.77−₹0.68−₹0.72−₹0.57−₹0.60−₹0.54
Earnings per share in rupees, restated for later splits and bonuses. No results on record for the quarter to Mar 2016.

The quarters either side of a change of basis do not compare. From the quarter to Mar 2018, the company's revenue for the year to Mar 2018, ₹1.86 Cr, differs from its quarters added, ₹0.61 Cr.

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
43822Mar 0952928Mar 106144.4Mar 1157−77Mar 120.7−68Mar 130.6−59Mar 140.9−64Mar 15Mar 160.1−60Mar 171.9−58Mar 18
A loss in 6 of the 9 years with results on record

Operating and net margin, per cent

  • Operating margin
  • Net margin
5.2%−70,394.1%−543.6%−437.8%−3,301.9%4.9%5.2%0.7%−136.0%−9,105.9%−10,216.0%−7,425.6%−70,394.1%−3,114.7%Mar 09Mar 11Mar 13Mar 15Mar 17Mar 18

The years either side of a change of basis do not compare. From the year to Mar 2018, the company's revenue for that year, ₹1.86 Cr, differs from its quarters added, ₹0.61 Cr.

Results for the year to Mar 2018

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

From revenue to net profit

  1. Revenue1.9
  2. Depreciation−21
  3. Other income+1.9
  4. Finance costs−34
  5. Profit before tax−58
  6. Net profit−58

Profit and loss

Standalone, ₹ crore, years to March. No results on record for the year to Mar 2016. The last column is the twelve months to Dec 2018, the latest four quarters added.

₹ croreMar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Dec 2018Twelve months
Revenue from operations43852961457111–021
––––53––3––
Materials and goods bought328459545460––––––
Employee costs––––1–––1––
Other expenses––––3–––2––
Operating profit before depreciation––––−4−3––−3––
Operating margin––––−543.6%−437.8%––−3,301.9%––
Materials, % of revenue––––47.9%––––––
Employee costs, % of revenue––––182.7%–––689.4%––
Other expenses, % of revenue––––413.1%–––2,712.4%––
Depreciation and amortisation––––4734––29217
Operating profit after depreciation––––−52−36––−32––
Other income26–2222–221
Finance costs10141218192124–303437
Profit before tax32458−77−68−56−64–−60−58−48
Tax11173–030––––
Net profit22284−77−68−59−64–−60−58−48
Net margin4.9%5.2%0.7%−136.0%−9,105.9%−10,216.0%−7,425.6%–−70,394.1%−3,114.7%–
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the years to Mar 2014 and Mar 2017 they do not, so they are left blank. Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the years to Mar 2009, Mar 2010, Mar 2011, Mar 2012 and Mar 2015: the statement does not state its 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: revenue, other income and exceptional items less the total expenses stated do not come to the profit before tax the same statement states, so the operating expenses cannot be told apart from the rest.

Per share

Standalone, ₹ per share, years to March.

₹ per shareMar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018
––––––––−₹3.01−₹2.91
As stated that year₹8.08₹9.64₹0.03−₹0.39––––−₹3.01−₹2.91
––––––––−₹3.01−₹2.91
Market cap at the year end (₹ crore)131257–40–15––––
Every year is restated for later splits and bonuses, so they do not break the line. The figure the company stated that year is under each line it differs from.

Ratios

Standalone, years to March.

RatioMar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018
Revenue growth20.8%16.1%−90.8%−98.7%−22.9%50.5%–––
Net profit growth27.3%−84.0%–––––––
Interest cover is left blank for the years to Mar 2013, Mar 2014 and Mar 2017: operating profit after depreciation is a loss, and a loss covers no interest bill. Revenue growth is left blank for the year to Mar 2018: between the two periods the company restated its earlier figures, so the two are on different bases and the change is not worked out.

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.

Measure10 years5 years3 years
Net margin, average−11,153.5%−22,787.6%−36,754.4%

Accounting checks

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

CheckMar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018
Effective tax ratePublished threshold 17.16 per cent32.9738.5040.77–––––––
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, Trading in Minerals, which carries all its revenue.

Resurgere Mines & Minerals India share price by year

Each calendar year to 2017.

YearClose at year endChangeHighest closeLowest close
20170.40−20.0%0.600.40
20160.50−69.7%1.600.50
20151.65+10.0%2.150.75
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. The 2017 close is its last trade, on 22 May 2017.

Recent sessions

The 10 trading days to 22 May 2017, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
22 May 20170.350.400.350.400.3972,612
15 May 20170.450.450.400.400.4299,065
8 May 20170.450.450.450.450.451,658
2 May 20170.450.500.450.500.4732,817
24 Apr 20170.550.600.500.500.5745,901
17 Apr 20170.500.550.450.550.5060,629
10 Apr 20170.500.550.500.500.5016,451
3 Apr 20170.450.550.450.550.4734,193
27 Mar 20170.400.500.400.500.452,91,656
20 Mar 20170.500.500.450.450.4565,100
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-dateEventPrice factorWhat happened
14 Jun 2012Share count change–The company changed its share count by an amount the filing does not state, so earlier prices are not shown.
5 Jun 2012Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
4 Jun 2012Price move–Between two trading sessions the price moved by a fifth or more. The company made an announcement in time for trading that day or the trading day before. Not adjusted for.
1 Jun 2012Price move–Between two trading sessions the price moved by a fifth or more. The company made an announcement in time for trading that day or the trading day before. Not adjusted for.
31 May 2012Price move–Between two trading sessions the price moved by a fifth or more. The company made an announcement in time for trading that day or the trading day before. Not adjusted for.
28 May 2012Price move–Between two trading sessions the price moved by a fifth or more. The company's board met on results that day or since the trading day before. Not adjusted for.
25 May 2012Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
18 May 2012Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
16 May 2012Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
14 May 2012Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
11 May 2012Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
4 May 2012Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
3 May 2012Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
2 May 2012Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
30 Apr 2012Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
19 Apr 2012Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
18 Apr 2012Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
17 Apr 2012Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
16 Apr 2012Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
13 Apr 2012Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
12 Apr 2012Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
10 Apr 2012Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
2 Apr 2012Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
30 Mar 2012Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
29 Mar 2012Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
28 Mar 2012Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
27 Mar 2012Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
23 Mar 2012Price move–Between two trading sessions the price moved by a fifth or more. The company made an announcement in time for trading that day or the trading day before. Not adjusted for.
22 Mar 2012Price move–Between two trading sessions the price moved by a fifth or more. The company made an announcement in time for trading that day or the trading day before. Not adjusted for.
19 Mar 2012Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
19 Jan 2012Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
18 Jan 2012Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
10 Jan 2012Price move–Between two trading sessions the price moved by a fifth or more. The company made an announcement in time for trading that day or the trading day before. Not adjusted for.
9 Jan 2012Price move–Between two trading sessions the price moved by a fifth or more. The company made an announcement in time for trading that day or the trading day before. Not adjusted for.
2 Jan 2012Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
28 Dec 2011Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
21 Dec 2011Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
20 Dec 2011Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
14 Dec 2011Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
12 Dec 2011Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
29 Nov 2011Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
24 Nov 2011Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
15 Sep 2010Bonus0.3333Holders received 2 bonus shares for every 1 held.
15 Sep 2010Split0.1000Each share became 10.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout. Where an event has no factor that can be worked out, the chart leaves out the closes before it. Any other event is noted and not adjusted for.

Company details

BSE code
533017
ISIN
INE774I01031
Industry
Minerals & Mining
Former symbols
RMMIL, RESURGERE
CIN
L74140MH1987PLC172412
Corporate identity number, the registrar of companies' code for it
Incorporated
1987
Registered office
15 Morvi House,, 28/30 Goa Street, Ballard Estate, Mumbai 400038, Maharashtra
Share registrar
MUFG Intime India Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments