Siddharth Education Services (Delisted) share price
BSE: 540736Other Consumer Services
Siddharth Education Services Limited · Face value ₹10 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 Oct 2017
Last traded ₹14.75 on 15 Nov 2019
Delisted on 18 Nov 2024.
Last announcements
The company's own last announcements before its shares stopped trading, routine notices left out.
Jun 2021
23 Jun · Board meeting
Meeting on 30 Jun 2021: audited results
Apr 2021
Results for the quarter to Sep 2020
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
- ₹1.34 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
- ₹0.05 Cr
- Net profitNet profit. What is left of revenue and other income after every cost, interest and tax. Net profit in the glossary
- ₹0.16 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
- ₹0.01
- 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
- 3.7%
- Net margin
- 11.8%
From revenue to net profit, ₹ crore
- Revenue1.3
- Employee costs0.0
- Other expenses−1.3
- Operating profit0.1
- Depreciation−0.5
- Other income+0.8
- Finance costs−0.1
- Profit before tax0.2
- Tax−0.1
- Net profit0.2
Siddharth Education Services results by quarter
Standalone: the listed company alone, without its subsidiaries. Latest quarter to Sep 2020. Results for the quarter to Dec 2020 were due by 14 Feb 2021, 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
Peak revenue ₹4.58 Cr, quarter to Mar 2019; lowest ₹0.02 Cr, quarter to Mar 2020A loss in 1 of the 3 quarters with results on record
Operating and net margin by quarter, per cent
- Operating margin
- Net margin
| ₹ crore | Mar 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 |
|---|---|---|---|---|---|
| Revenue from operations | 4.58 | – | 0.02 | – | 1.34 |
| 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 | 0.91 | – | 0.22 | – | 1.29 |
| 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 | 0.00 | – | 0.00 | – | 0.00 |
| Employee costsEmployee costs. Salaries, wages, bonuses and other benefits paid to staff in the period. Employee costs in the glossary | −0.37 | – | 0.04 | – | 0.03 |
| Other expensesOther expenses. Every operating cost besides materials and staff: power, rent, freight, repairs, marketing and the like. Other expenses in the glossary | 1.28 | – | 0.18 | – | 1.26 |
| Operating profit before depreciation | 3.67 | – | −0.19 | – | 0.05 |
| Operating margin | 80.1% | – | −907.0% | – | 3.7% |
| 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 | 1.95 | – | 0.74 | – | 0.54 |
| 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 | 0.30 | – | −0.53 | – | 0.84 |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. Finance costs in the glossary | 0.97 | – | 0.39 | – | 0.13 |
| 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 | 0.00 | – | 0.00 | – | 0.00 |
| Profit before tax | 1.05 | – | −1.86 | – | 0.21 |
| −0.55 | – | −0.19 | – | 0.06 | |
| Tax rateEffective tax rate. Tax charged as a percentage of profit before tax. Effective tax rate in the glossary | −52.4% | – | – | – | 26.0% |
| Net profit | 1.59 | – | −1.67 | – | 0.16 |
| Net margin | 34.8% | – | −7,786.4% | – | 11.8% |
| Earnings per share | ₹1.25 | – | −₹0.14 | – | ₹0.01 |
Earnings per share in rupees, restated for later splits and bonuses. No results on record for the quarters to Dec 2019 and Jun 2020.
Siddharth Education Services results by half year
Standalone: the listed company alone, without its subsidiaries. The half years to Sep 2019 in the same span that the quarters on record do not fully cover.
| ₹ crore | Sep 2017 | Mar 2018 | Sep 2018 | Mar 2019 | Sep 2019 |
|---|---|---|---|---|---|
| Revenue from operations | 0.92 | 6.21 | – | – | 0.09 |
| – | 4.24 | – | – | 0.15 | |
| Materials and goods bought | 0.06 | 0.00 | – | – | 0.00 |
| Employee costs | – | 0.63 | – | – | 0.01 |
| Other expenses | – | 3.61 | – | – | 0.14 |
| Operating profit before depreciation | – | 1.97 | – | – | −0.06 |
| Operating margin | – | 31.7% | – | – | −67.6% |
| Depreciation and amortisation | – | 0.30 | – | – | 0.74 |
| Other income | 0.17 | 2.95 | – | – | 0.00 |
| Finance costs | 0.03 | 0.94 | – | – | 0.84 |
| One-off items | – | – | – | – | 0.00 |
| Profit before tax | −0.16 | 3.68 | – | – | −1.65 |
| 0.33 | 0.22 | – | – | 0.00 | |
| Tax rate | – | 5.9% | – | – | – |
| Net profit | −0.49 | 3.46 | – | – | −1.65 |
| Net margin | −53.2% | 55.8% | – | – | −1,844.7% |
| Earnings per share | – | ₹2.98 | – | – | −₹2.84 |
Earnings per share in rupees, restated for later splits and bonuses. No results on record for the half years to Sep 2018 and Mar 2019.
3 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 ₹11 Cr, year to Mar 2019; lowest ₹0.11 Cr, year to Mar 2020A loss in 2 of the 3 years shown
Operating and net margin, per cent
- Operating margin
- 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 2020
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
From revenue to net profit
- Revenue0.1
- Employee costs0.0
- Other expenses−0.3
- Operating profit−0.3
- Depreciation−1.5
- Other income−0.5
- One-off items0.0
- Finance costs−1.2
- Profit before tax−3.5
- Tax+0.2
- Net profit−3.3
What the company owns
- Plant, investments and other assets₹27,94,317 Cr
- Receivables₹18,415 Cr
- Cash and bank₹3,281 Cr
What pays for it: net worth and liabilities
- Net worth₹17,83,713 Cr
- Borrowings₹5,99,179 Cr
- Other liabilities₹4,24,244 Cr
- Owed to suppliers₹8,877 Cr
Profit and loss
Standalone, ₹ crore, years to March.
| ₹ crore | Mar 2018 | Mar 2019 | Mar 2020 |
|---|---|---|---|
| Revenue from operations | 7.1 | 10.6 | 0.1 |
| 5.5 | 8.1 | 0.4 | |
| Materials and goods bought | 0.1 | 0.0 | 0.0 |
| Employee costs | 1.2 | 0.2 | 0.0 |
| Other expenses | 4.2 | 7.9 | 0.3 |
| Operating profit before depreciation | 1.7 | 2.5 | −0.3 |
| Operating margin | 23.5% | 23.9% | −229.9% |
| 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 | 0.8% | 0.0% | 0.0% |
| 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 | 16.9% | 2.0% | 38.3% |
| 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 | 58.8% | 74.2% | 291.6% |
| Depreciation and amortisation | 0.3 | 2.2 | 1.5 |
| Operating profit after depreciationOperating profit after depreciation (EBIT). Operating profit before depreciation, less depreciation and amortisation. Operating profit after depreciation (EBIT) in the glossary | 1.4 | 0.4 | −1.7 |
| Other income | 3.1 | 0.4 | −0.5 |
| Finance costs | 1.0 | 1.7 | 1.2 |
| One-off items | – | 0.0 | 0.0 |
| Profit before tax | 3.5 | −0.9 | −3.5 |
| 0.5 | 0.4 | −0.2 | |
| Net profit | 3.0 | −1.3 | −3.3 |
| Net margin | 41.7% | −12.5% | −2,994.4% |
Balance sheet
Standalone, ₹ crore, at 31 March.
| ₹ crore | Mar 2019 | Mar 2020 |
|---|---|---|
| Net worth. What the company owns less everything it owes: the money shareholders have in the business, paid in and kept from profits. Net worth in the glossary | 21,14,895 | 17,83,713 |
| Share capitalShare capital. The face value of all the shares the company has issued. Share capital in the glossary | 11,59,950 | 11,59,950 |
| ReservesReserves. The rest of the shareholders' net worth: profits kept in the business over the years, and money paid for shares above their face value. Reserves in the glossary | 9,54,945 | 6,23,763 |
| BorrowingsBorrowings. Loans, bonds and other money the company has borrowed and must repay with interest. Borrowings in the glossary | 8,17,695 | 5,99,179 |
| Liabilities due within a year. Everything the company must pay within twelve months: borrowings falling due, suppliers, and other dues and provisions. Liabilities due within a year in the glossary | 15,70,247 | 4,85,069 |
| Liabilities due after a year. Everything the company owes that falls due more than twelve months on, borrowings among it. Liabilities due after a year in the glossary | 7,85,082 | 5,47,231 |
| Total assetsTotal assets. Everything the company owns or controls: plant, investments, stock, money owed by customers and cash. Total assets in the glossary | 44,70,225 | 28,16,013 |
| Assets held for longer than a year. Everything the company owns that it does not expect to turn into cash within twelve months: plant, intangibles, long-term investments, loans given and the like. Assets held for longer than a year in the glossary | 34,62,515 | 27,83,091 |
| Assets turning to cash within a year. Everything the company expects to turn into cash or use up within twelve months: stock, money owed by customers, cash and short-term investments. Assets turning to cash within a year in the glossary | 10,07,709 | 32,923 |
| Net debtNet debt. Borrowings less cash, other bank balances and current investments: what the company would still owe if it used its cash to repay. Net debt in the glossary | 8,08,557 | 5,95,898 |
Borrowings are counted again inside the liabilities due within a year and after a year. No balance sheet is on record for the year to Mar 2018, so its lines and the ratios worked from it are blank there.
Ratios
Standalone, years to March.
| Ratio | Mar 2018 | Mar 2019 | Mar 2020 |
|---|---|---|---|
| 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 | – | 48.7% | −99.0% |
| 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 | – | 51.2% | – |
| Return on equity. Profit belonging to shareholders as a percentage of their average net worth over the year. | – | 0.0%what Return on equity, Mar 2019, includes. This year's return on equity, asset turnover and assets per rupee of net worth are on its year-end balance sheet: none a year before is on record to average with. | 0.0% |
| Change in return on equity. This year's return on equity less last year's, in percentage points, split below into what came from the margin, turnover and borrowing, which add up to it. Change in return on equity in the glossary | – | – | 0.0 pts |
| From the net marginChange from the net margin. The part of the change in return on equity that came from profit per rupee of sales. Change from the net margin in the glossary | – | – | 0.0 pts |
| From asset turnoverChange from asset turnover. The part of the change in return on equity that came from sales per rupee of assets. Change from asset turnover in the glossary | – | – | 0.0 pts |
| From borrowingChange from borrowing. The part of the change in return on equity that came from assets per rupee of net worth. Change from borrowing in the glossary | – | – | 0.0 pts |
| Return on capital employedReturn on capital employed. Operating profit after depreciation divided by net worth plus borrowings at the year end, times 100: what the business earns on all the money in it. | – | 0.0% | 0.0% |
| 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 | 1.4 | 0.2 | – |
| Debt to equityDebt to equity. Borrowings at the year end divided by net worth: rupees borrowed for each rupee shareholders have in the business. | – | 0.39 | 0.34 |
| Receivable daysReceivable days. Trade receivables divided by revenue, times 365: the average days customers take to pay. Receivable days in the glossary | – | 3,40,07,704 | 6,07,73,490 |
| Working capital daysWorking capital days. Assets turning to cash within a year, less cash, bank deposits and current investments, minus liabilities due within a year, less borrowings, divided by the year's revenue, times 365. Working capital days in the glossary | – | −1,96,90,549 | −1,50,29,94,954 |
| Asset turnoverAsset turnover. Revenue divided by average total assets: rupees of sales for each rupee of assets. Asset turnover in the glossary | – | 0.00 | 0.00 |
| Assets per rupee of net worthAssets per rupee of net worth. Average total assets divided by average net worth: how far borrowings and other liabilities stretch the shareholders' money. Assets per rupee of net worth in the glossary | – | 2.11 | 1.87 |
| Sales per rupee of plantSales per rupee of plant. Revenue divided by the net block: rupees of sales for each rupee of plant in use. Sales per rupee of plant in the glossary | – | 0.00 | 0.00 |
| Plant being built, % of plant in useCapital work in progress, % of net block. Plant still being built as a percentage of the plant in use. Capital work in progress, % of net block in the glossary | – | – | 0.0% |
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 year to 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 2020.
- Return on assets, latest yearReturn on assets, latest year. Profit to the company's own shareholders in the latest year ÷ the average of that year's opening and closing total assets × 100; empty for a bank, a lender or an insurer, whose own return on assets is shown with its accounts.
- 0.0%
| Measure | 3 years |
|---|---|
| Return on equity, averageReturn on equity, average. 3 years: The plain average of the yearly return on equity 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 return on equity 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 return on equity over the last ten years, needing at least nine of them; a year without the figure is left out, never filled in. | 0.0% |
| Return on capital employed, averageReturn on capital employed, average. 3 years: The plain average of the yearly return on capital employed 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 return on capital employed 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 return on capital employed over the last ten years, needing at least nine of them; a year without the figure is left out, never filled in. | 0.0% |
| 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. | −60.9% |
| 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. | −988.4% |
| Asset turnover, averageAsset turnover, average. 3 years: The plain average of the yearly asset turnover 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 asset turnover 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 asset turnover over the last ten years, needing at least nine of them; a year without the figure is left out, never filled in. | 0.00 |
| Interest cover, averageInterest cover, average. 3 years: The plain average of the yearly interest cover 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 interest cover 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 interest cover over the last ten years, needing at least nine of them; a year without the figure is left out, never filled in. | 0.8 |
| Debt to equity, averageDebt to equity, average. 3 years: The plain average of the yearly debt to equity 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 debt to equity 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 debt to equity over the last ten years, needing at least nine of them; a year without the figure is left out, never filled in. | 0.36 |
Accounting checks
Standalone, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.
| Check | Mar 2018 | Mar 2019 | Mar 2020 |
|---|---|---|---|
| Effective tax ratePublished threshold 17.16 per cent | 15.59 | – | – |
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 2020 the company reports one business segment, Education, which carries all its revenue.
Siddharth Education Services share price by year
Each calendar year to 2019.
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2019 | 14.75 | −52.0% | 42.50 | 14.75 |
| 2018 | 30.70 | −33.4% | 42.10 | 27.55 |
| 2017 | 46.10 | – | 57.50 | 39.05 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2019 is from its first session, 1 Feb 2019. 2017 is from its first session, 12 Oct 2017. The close is the year's last trade for 2019 (15 Nov 2019) and 2018 (5 Dec 2018).
Recent sessions
The 10 trading days to 15 Nov 2019, as traded on BSE.
| Date | Open | High | Low | Close | Average price | Volume |
|---|---|---|---|---|---|---|
| 15 Nov 2019 | 14.75 | 14.75 | 14.75 | 14.75 | 14.75 | 4,000 |
| 14 Nov 2019 | 18.40 | 27.00 | 18.40 | 18.40 | 23.87 | 1,20,000 |
| 8 Nov 2019 | 22.50 | 23.05 | 22.50 | 23.00 | 22.79 | 16,000 |
| 16 Oct 2019 | 23.00 | 23.00 | 23.00 | 23.00 | 23.00 | 8,000 |
| 15 Oct 2019 | 22.75 | 22.75 | 22.75 | 22.75 | 22.75 | 8,000 |
| 30 Sep 2019 | 20.60 | 20.60 | 20.60 | 20.60 | 20.60 | 4,000 |
| 13 Aug 2019 | 18.75 | 18.75 | 18.75 | 18.75 | 18.75 | 4,000 |
| 2 Aug 2019 | 19.80 | 19.80 | 19.80 | 19.80 | 19.80 | 28,000 |
| 31 Jul 2019 | 19.40 | 19.40 | 19.40 | 19.40 | 19.40 | 60,000 |
| 30 Jul 2019 | 19.10 | 19.10 | 19.10 | 19.10 | 19.10 | 4,000 |
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 |
|---|---|---|---|
| 14 Nov 2019 | Price move | – | Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for. |
Each event is noted and not adjusted for.
Company details
- BSE code
- 540736
- ISIN
- INE930X01012
- Industry
- Other Consumer Services
- Website
- www.siddharthacademy.in
- CIN
- L80902MH2005PLC158161
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 2005
- Registered office
- 101, Chirag Arcade, 1st Floor, E.R. Road, behind Nagrik Stores, Thane 400601, Maharashtra
- Share registrar
- Skyline Financial Services Pvt. Ltd
- Keeps the register of shareholders and handles transfers and dividend payments