Sparkling (India) Finshares (Delisted) share price

BSE: 540211Finance

Sparkling (India) Finshares Limited · Face value ₹10 · Listed Dec 2016

Last traded ₹28.05 on 22 Aug 2022

Delisted on 20 Jun 2023.

Last announcements

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

  1. Jul 2021

  2. Jun 2021

Share price history

Daily closes since Feb 2017, adjusted for splits and bonuses

Daily close, ₹ per share

Results for the quarter to Mar 2021

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

Revenue
₹0.00 Cr
Operating profit
−₹0.15 Cr
Net profit
−₹0.15 Cr

From revenue to net profit, ₹ crore

  1. Revenue0.0
  2. Employee costs0.0
  3. Other expenses−0.1
  4. Operating profit−0.1
  5. Depreciation0.0
  6. Other income0.0
  7. Finance costs0.0
  8. Profit before tax−0.1
  9. Tax0.0
  10. Net profit−0.1

Sparkling (India) Finshares results by quarter

Standalone: the listed company alone, without its subsidiaries. Latest quarter to Mar 2021. Results for the quarter to Jun 2021 were due by 14 Aug 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
0.0−0.1Jun 180.0−0.1Sep 1800.0Dec 1800.0Mar 190−0.1Jun 190.00.0Sep 1900.0Dec 190−0.1Mar 2000.0Jun 2000.0Sep 200−0.1Dec 200−0.1Mar 21
Peak revenue ₹0.03 Cr, quarter to Sep 2019; lowest ₹0.00 Cr, quarter to Dec 2018A loss in 12 of the 12 quarters shown

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
−70.2%−543.6%−543.6%−359.1%−70.2%Jun 18Dec 18Jun 19Dec 19Jun 20Dec 20Mar 21
₹ croreSep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Q1Sep 2018Dec 2018Q3Mar 2019Jun 2019Q1Sep 2019Dec 2019Q3Mar 2020Jun 2020Q1Sep 2020Dec 2020Q3Mar 2021
Revenue from operations0.040.020.020.020.020.020.010.010.020.000.000.000.030.000.000.000.000.000.00
––0.420.140.040.040.06––––––––0.040.090.060.15
Materials and goods bought–––––––0.000.000.000.000.000.000.000.000.000.000.000.00
Employee costs––0.030.020.020.010.02––––––––0.020.020.030.01
Other expenses––0.390.130.020.030.03––––––––0.010.070.040.14
Operating profit before depreciation––−0.40−0.13−0.03−0.03−0.04––––––––−0.04−0.09−0.06−0.15
Operating margin––−2,104.7%−750.6%−181.8%−181.3%−308.6%––––––––––––
Depreciation and amortisation––0.000.000.000.000.00––––0.000.000.000.000.000.000.000.00
Other income––––––0.040.000.000.000.000.010.000.000.000.000.060.000.00
Finance costs0.000.020.020.020.020.020.020.020.020.010.000.010.010.010.010.01−0.010.000.00
Profit before one-off items and tax0.01−0.06−0.42−0.15−0.05−0.05−0.02−0.08−0.06−0.04−0.05−0.06−0.02−0.04−0.08−0.04−0.03−0.06−0.15
One-off items––––––−0.01––––0.000.000.000.000.000.000.000.00
Profit before tax0.01−0.06−0.42−0.15−0.05−0.05−0.03−0.08−0.06−0.04−0.05−0.06−0.02−0.04−0.08−0.04−0.03−0.06−0.15
0.00––––––0.000.000.000.000.000.000.000.000.000.000.000.00
Tax rate33.3%––––––––––––––––––
Net profit0.00−0.06−0.42−0.15−0.05−0.05−0.03−0.08−0.06−0.04−0.05−0.06−0.02−0.04−0.08−0.04−0.03−0.06−0.15
Other comprehensive income–––––––––––0.000.000.000.000.000.000.000.00
Total comprehensive income–––––––––––−0.06−0.02−0.04−0.08−0.04−0.03−0.06−0.15
Net margin10.0%−300.0%−2,189.5%−870.6%−308.2%−300.0%−221.4%−543.6%−359.1%–––−70.2%––––––
Earnings per share––−₹1.04−₹0.37−₹0.12−₹0.11−₹0.08−₹0.19–−₹0.11−₹0.12−₹0.15−₹0.05–−₹0.19−₹0.10−₹0.07−₹0.16–
Earnings per share in rupees, restated for later splits and bonuses.

5 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
0.1−0.4Mar 170.1−0.3Mar 180.0−0.20.6Mar 190.0−0.20.7Mar 200−0.30.3Mar 21
Peak revenue ₹0.11 Cr, year to Mar 2017; lowest ₹0.00 Cr, year to Mar 2021A loss in 5 of the 5 years shown

Operating and net margin, per cent

  • Operating margin
  • Net margin
−365.8%−749.7%−403.4%−365.8%−367.6%−440.3%−749.7%−617.5%Mar 17Mar 18Mar 19Mar 20Mar 21

Results for the year to Mar 2021

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

From revenue to net profit

  1. Revenue0.0
  2. Employee costs−0.1
  3. Other expenses−0.3
  4. Operating profit−0.3
  5. Depreciation0.0
  6. Other income+0.1
  7. One-off items0.0
  8. Finance costs0.0
  9. Profit before tax−0.3
  10. Tax0.0
  11. Net profit−0.3

What the company owns

  • Plant, investments and other assets₹4 Cr
  • Cash and bank₹0 Cr

What pays for it: net worth and liabilities

  • Net worth₹3 Cr
  • Other liabilities₹0 Cr
  • Borrowings₹0 Cr

Profit and loss

Standalone, ₹ crore, years to March.

₹ croreMar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue from operations0.110.060.030.030.00
0.540.29––0.34
Materials and goods bought––0.000.000.00
Employee costs0.090.08––0.09
Other expenses0.450.21––0.25
Operating profit before depreciation−0.44−0.23––−0.34
Operating margin−403.4%−365.8%–––
Employee costs, % of revenue86.8%126.6%–––
Other expenses, % of revenue416.3%339.4%–––
Depreciation and amortisation0.000.00–0.000.00
Operating profit after depreciation−0.44−0.23––−0.34
Other income0.070.040.000.010.06
Finance costs0.030.080.050.020.00
Profit before one-off items and tax−0.40−0.27−0.23−0.20−0.28
One-off items–−0.01–0.000.00
Profit before tax−0.40−0.27−0.23−0.20−0.28
Tax––0.000.000.00
Net profit−0.40−0.27−0.23−0.20−0.28
Other comprehensive income–––0.000.00
Total comprehensive income–––−0.20−0.28
Net margin−367.6%−440.3%−749.7%−617.5%–
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the years to Mar 2017 and Mar 2018 they do not, so they are left blank. Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the year to Mar 2019: 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 2020: 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 2021
3.613.413.13
Share capital4.004.004.00
Reserves−0.39−0.59−0.87
0.640.720.35
0.13––
0.64––
Total assets4.394.393.89
4.27––
0.11––
Net debt0.64–0.35
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 year to Mar 2020: 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 2021
Cash from operations−0.13
Capital spending0.00
Free cash flow−0.13
Cash from investing0.00
Cash from financing0.13
Dividends paid0.00
Shares bought back0.00
Shares issued0.00
Net change in cash0.00
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 2021
Earnings per share−₹0.99−₹0.68−₹0.57−₹0.50–
Diluted earnings per share−₹0.99−₹0.68−₹0.57−₹0.50–
Book value per share––₹9.01₹8.53–
Shareholder yield––––0.0%
Market cap at the year end (₹ crore)–––5.505.60
Earnings per share is left blank for the year to Mar 2021: the earnings per share stated has the opposite sign to the profit stated beside it, so it is not shown.

Ratios

Standalone, years to March.

RatioMar 2018Mar 2019Mar 2020Mar 2021
Revenue growth−42.6%−51.0%6.9%−100.0%
–−6.3%−5.7%–
––0.6 pts–
From the net margin––1.1 pts–
From asset turnover––−0.4 pts–
From borrowing––−0.2 pts–
Return on capital employed–––−9.8%
Debt to equity–0.18–0.11
Receivable days–0––
Working capital days–−255––
Asset turnover–0.010.010.00
Assets per rupee of net worth–1.221.251.27
Sales per rupee of plant–101.33––
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. 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 year to Mar 2020: 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. 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 2021.

Return on assets, latest year
−6.8%
Measure5 years3 years
Return on equity, average–−6.0%
Net margin, average−543.8%−683.6%
Asset turnover, average–0.00
Debt to equity, average–0.14

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−0.13
Cash from investing0.00
Cash from financing0.13
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 2021
Profit not backed by cash, % of assetsPublished threshold 10 per cent of average total assets−3.73
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, Single segment, which carries all its revenue.

Where the return came from

Yearly rates to Mar 2021, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+1.8%––0.0%
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.

Sparkling (India) Finshares share price by year

Each calendar year to 2022.

YearClose at year endChangeHighest closeLowest close
202228.05+270.1%28.957.95
20217.58−42.8%14.006.88
202013.25−3.6%13.7513.25
201913.75+37.5%14.7310.50
201810.00−30.8%14.419.55
201714.45–14.4513.12
₹ 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 Feb 2021. 2020 is from its first session, 13 Feb 2020. 2019 is from its first session, 10 Jul 2019. 2017 is from its first session, 10 Feb 2017. The close is the year's last trade for 2022 (22 Aug 2022), 2020 (14 Oct 2020), 2018 (26 Jul 2018) and 2017 (30 May 2017).

Recent sessions

The 10 trading days to 22 Aug 2022, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
22 Aug 202228.9528.9528.0528.05–3
1 Aug 202228.9528.9528.9528.9528.9510
13 Jun 202228.9528.9528.9528.9528.95975
23 May 202227.6027.6027.6027.6027.6031
16 Feb 202227.6527.6527.6027.6027.63249
15 Feb 202226.3526.3526.3526.3526.351
14 Feb 202225.1025.1025.1025.1025.10501
11 Feb 202223.9523.9523.9523.9523.951
10 Feb 202222.8522.8522.8522.8522.851
9 Feb 202221.8021.8021.8021.8021.801
Prices in ₹ per share as traded, not adjusted.

Company details

BSE code
540211
ISIN
INE181T01010
Industry
Finance
CIN
L74900DL1994PLC062222
Corporate identity number, the registrar of companies' code for it
Incorporated
1994
Registered office
Commercial Unit no 355, 3rd floor, Building Aggarwal Kodli Plaza, Plot No. 8, LSC-I, Kondli Gharoli, Mised Housing Sector, Mayur Vihar - III, New Delhi 110096, Delhi
Share registrar
Skyline Financial Services Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments