Sita Shree Food Products (Delisted) share price

BSE: 532961Food Products

Sita Shree Food Products Ltd · Face value ₹10 · Listed Apr 2008

Last traded ₹0.30 on 9 Mar 2020

Delisted on 20 Sep 2021.

Last announcements

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

  1. Aug 2021

    • 5 Aug · Delisting

      Members of the Exchange are hereby notified that in terms of Regulations of the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009, Section 21A of the Securities Contract (Regulations) Act, 1956, Securities Contract (Regulations) Rules, 1957 and Bye-Laws of the Exchange, it has been decided to delist (withdraw the admission to dealings in) equity shares of Sita Shree Food Products Limited w.e.f. August 27, 2021 as per SEBI (Delisting of Equity Shares) Regulations, 2009
  2. Aug 2020

  3. Oct 2019

    • 9 Oct · Suspension of Trading

      Members of the Exchange are hereby informed that trading in securities of Sita Shree Food Products Limited will be suspended with effect from October 11, 2019 (closing hour of trading on October 10, 2019) on account of non-compliance with SEBI (listing obligations and disclosure requirements), Regulation, 2018.
  4. Aug 2019

  5. Jun 2019

Share price history

Daily closes since Apr 2008, BSE closes Apr 2008 to May 2008, May 2008 to Jul 2010, in May 2012, in Apr 2013, in Apr 2013, in Apr 2013, in Apr 2013, in May 2013, in May 2013, in May 2013, in May 2013, in May 2013, in Jun 2013, in Jun 2013, in Jul 2013, in Jul 2013, in Jul 2013, in Aug 2013, in Aug 2013, in Sep 2013, in Sep 2013, in Sep 2013, Sep 2013 to Oct 2013, in Oct 2013, in Oct 2013, in Oct 2013, in Nov 2013, in Nov 2013, in Dec 2013, in Dec 2013, in Jan 2014, in Jan 2014, in Feb 2014, Feb 2014 to Mar 2014, in Apr 2014, in Mar 2016, in May 2018, in Apr 2019 and in Sep 2019, adjusted for splits and bonuses

Daily close, ₹ per share

Results for the quarter to Mar 2019

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

Revenue
₹0.50 Cr−59.5% on a year ago · +138.3% on the quarter before
Operating profit
−₹1.44 Cr
Net profit
−₹24 Cr
Earnings per share
−₹8.93
Operating margin
−290.7%
Net margin
−4,901.7%

From revenue to net profit, ₹ crore

  1. Revenue0.5
  2. Materials and goods−0.6
  3. Employee costs0.0
  4. Other expenses−1.3
  5. Operating profit−1.4
  6. Depreciation−5.0
  7. Other income+0.3
  8. Finance costs−12
  9. Profit before tax−18
  10. Tax−6.2
  11. Net profit−24

Sita Shree Food Products results by quarter

Standalone: the listed company alone, without its subsidiaries. Latest quarter to Mar 2019. Results for the quarter to Jun 2019 were due by 14 Aug 2019, 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
50−17Jun 1657−64Sep 168.1−77Dec 1633−18Mar 172.5−10Jun 17−8.6−3.4Sep 170.9−9.4Dec 171.2−9.7Mar 180.2−14Jun 180.1−3.3Sep 180.2−4.5Dec 180.5−24Mar 19
Peak revenue ₹57 Cr, quarter to Sep 2016; lowest −₹8.59 Cr, quarter to Sep 2017A loss in 12 of the 12 quarters shown

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
39.6%−7,487.3%−18.4%−97.0%−10.7%−10.1%−48.8%−652.4%−272.8%−35.8%−58.0%−456.7%−290.7%−33.8%−111.4%−956.4%−55.5%−412.5%39.6%−1,009.1%−789.9%−7,487.3%−3,161.9%−2,148.6%−4,901.7%Jun 16Dec 16Jun 17Dec 17Jun 18Dec 18Mar 19
₹ croreJun 2014Sep 2014Dec 2014Mar 2015Jun 2015Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Q1Sep 2018Dec 2018Mar 2019
Revenue from operations11512415818410519120226350578332−9110000
10811815017098183195258591139364–750012
Materials and goods bought1001071401629117218725656106726297400–1
Employee costs1111–11100010–000––0
Other expenses810107–1172361101–000––1
Operating profit before depreciation668147775−9−56−1−3−1–−6−300−1−1
Operating margin5.4%4.6%5.0%7.4%7.0%3.9%3.5%1.9%−18.4%−97.0%−10.7%−10.1%−48.8%–−652.4%−272.8%−35.8%−58.0%−456.7%−290.7%
Depreciation and amortisation1113111111112−1111115
Other income––––––––––––00000000
Finance costs44585547671137−221372212
Profit before one-off items and tax1123111−3−17−64−3−18−10−3−9−18−8−3−4−18
One-off items–––0––––––−74–––––0––0
Profit before tax1123111−3−17−64−77−18−10−3−9−18−8−3−4−18
0004000000000–0−86006
Tax rate19.0%19.1%20.2%145.2%20.0%20.0%20.0%–––––––––––––
Net profit112−1111−4−17−64−77−18−10−3−9−10−14−3−4−24
Other comprehensive income––––––––––––––––0––−1
Total comprehensive income––––––––––––––––−14––−25
Net margin0.7%0.7%1.1%−0.6%0.9%0.6%0.4%−1.5%−33.8%−111.4%−956.4%−55.5%−412.5%39.6%−1,009.1%−789.9%−7,487.3%−3,161.9%−2,148.6%−4,901.7%
Earnings per share₹0.30₹0.33₹0.65−₹0.41₹0.35₹0.38₹0.32−₹1.41−₹6.06−₹22.95−₹27.71−₹6.58−₹3.63−₹1.22−₹3.37−₹3.73−₹4.96−₹1.26−₹1.67−₹8.93
Earnings per share in rupees, restated for later splits and bonuses.

Segment results by quarter

Standalone, ₹ crore, quarters to Mar 2019.

  • FLOUR DIVISION

    Revenue, ₹ crore
    Profit, ₹ crore
  • REAL ESTATE DEVELOPMENT

    Revenue, ₹ crore
    Profit, ₹ crore
  • SOYA DIVISION

    Revenue, ₹ crore
    Profit, ₹ crore
₹ croreJun 2018Sep 2018Dec 2018Mar 2019
Revenue of all businesses0.2––0.5
Company revenue, as in its results0.2––0.5
Revenue0.2––0.3
Profit−0.1––0.3
Margin−50.9%––99.8%
Assets73.2––68.7
Liabilities30.0––30.0
Capital employed43.2––38.8
Revenue0.0––0.2
0.0––0.0
Profit is before tax and finance costs, the way companies report their segments.

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
1371.2Mar 101390.9Mar 111441.0Mar 12213−0.9Mar 134931.0Mar 145812.5Mar 15762−1.0Mar 16148−177Mar 17−4.0−33Mar 180.5−24207Mar 19
Peak revenue ₹762 Cr, year to Mar 2016; lowest −₹3.99 Cr, year to Mar 2018A loss in 5 of the 10 years shown

Operating and net margin, per cent

  • Operating margin
  • Net margin
816.5%−4,901.7%3.8%3.1%3.5%4.3%5.8%3.5%−96.8%270.2%−290.7%0.9%0.7%0.7%−0.4%0.2%0.4%−0.1%−119.5%816.5%−4,901.7%Mar 10Mar 12Mar 14Mar 16Mar 18Mar 19

Results for the year to Mar 2019

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

From revenue to net profit

  1. Revenue0.5
  2. Materials and goods−0.6
  3. Employee costs0.0
  4. Other expenses−1.3
  5. Operating profit−1.4
  6. Depreciation−5.0
  7. Other income+0.3
  8. One-off items0.0
  9. Finance costs−12
  10. Profit before tax−18
  11. Tax−6.2
  12. Net profit−24

What the company owns

  • Plant, investments and other assets₹138 Cr
  • Inventory₹1 Cr
  • Cash and bank₹0 Cr

What pays for it: net worth and liabilities

  • Borrowings₹207 Cr

Sita Shree Food Products business segments, year to Mar 2019

A reportable segment is a line of business the company must report on its own. Standalone, ₹ crore, as the company reports them.

Revenue by segment

₹0.50 CrTotal
  • FLOUR DIVISION₹0.29 Cr58.0% of total
  • REAL ESTATE DEVELOPMENT₹0.21 Cr42.1% of total

Profit by segment

  • FLOUR DIVISION₹0.29 Cr68.8% of total
  • REAL ESTATE DEVELOPMENT₹0.13 Cr31.2% of total

Segment results by year

Standalone, ₹ crore, years to March.

  • FLOUR DIVISION

    Revenue, ₹ crore
    Profit, ₹ crore
  • REAL ESTATE DEVELOPMENT

    Revenue, ₹ crore
    Profit, ₹ crore
  • SOYA DIVISION

    Revenue, ₹ crore
    Profit, ₹ crore
₹ croreMar 2019
Revenue of all businesses0.5
Company revenue, as in its results0.5
Revenue0.3
Profit0.3
Margin99.8%
Return on capital0.7%
Assets68.7
Liabilities30.0
Capital employed38.8
Revenue0.2
0.0
Profit is before tax and finance costs, the way companies report their segments.

Profit and loss

Standalone, ₹ crore, years to March.

₹ croreMar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue from operations137139144213493581762148−40
132134–20647254773529272
Materials and goods bought12312713018844251070526951
Employee costs11–1232200
Other expenses86–172835272121
Operating profit before depreciation54–7213427−144−11−1
Operating margin3.8%3.1%–3.5%4.3%5.8%3.5%−96.8%270.2%−290.7%
Materials, % of revenue90.2%92.0%–88.1%89.6%87.8%92.6%181.3%–125.2%
Employee costs, % of revenue0.4%0.4%–0.3%0.4%0.5%0.3%1.2%–0.0%
Other expenses, % of revenue5.6%4.6%–8.1%5.7%6.0%3.6%14.4%–265.5%
Depreciation and amortisation00–1366665
Operating profit after depreciation54–7182821−149−16−6
Other income––––––––00
Finance costs3236152121272412
Profit before one-off items and tax2221370−177−41−18
One-off items––––00–––0
Profit before tax2221370−177−41−18
11122511−86
Net profit111−112−1−177−33−24
Other comprehensive income–––––––––−1
Total comprehensive income–––––––––−25
Net margin0.9%0.7%0.7%−0.4%0.2%0.4%−0.1%−119.5%816.5%−4,901.7%
Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the year to Mar 2012: the statement does not state its depreciation, which operating profit is worked out from, so operating profit is not given.

Balance sheet

Standalone, ₹ crore, at 31 March.

₹ croreMar 2019
−139
Share capital28
Reserves−167
207
229
50
Total assets139
138
1
Net debt206
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 2010, Mar 2011, 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.

Per share

Standalone, ₹ per share, years to March.

₹ per shareMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Earnings per share−₹0.39–₹0.88−₹0.31−₹63.64−₹11.96−₹8.93
Diluted earnings per share−₹0.34–₹0.88−₹0.31−₹63.64−₹11.96−₹8.93
Book value per share––––––−₹49.94
Market cap at the year end (₹ crore)9.912.254.325.719.1–1.5

Ratios

Standalone, years to March.

RatioMar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue growth28.0%1.4%4.0%47.7%131.5%17.8%31.1%−80.5%––
Operating profit growth91.0%−17.3%––185.7%57.6%−19.9%–––
Net profit growth217.3%−21.3%6.1%––145.9%––––
Return on equity–––––––––17.5%
Return on capital employed–––––––––−9.5%
Interest cover1.61.7–1.11.21.31.0–––
Receivable days–––––––––0
Inventory days–––––––––734
Payable days–––––––––0
Cash conversion cycle, days–––––––––734
Working capital days–––––––––−24,004
Asset turnover–––––––––0.00
Assets per rupee of net worth–––––––––−1.00
Sales per rupee of plant–––––––––0.01
Plant being built, % of plant in use–––––––––2.9%
Interest cover is left blank for the years to Mar 2017, Mar 2018 and Mar 2019: operating profit after depreciation is a loss, and a loss covers no interest bill. Debt to equity is left blank for the year to Mar 2019: net worth is below zero, so there is no shareholders' money to set the borrowings against. No balance sheet is on record for the years to Mar 2010, Mar 2011, 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 2019.

Return on assets, latest year
−17.4%
Measure10 years5 years3 years
Revenue growth, yearly rate−41.6%−74.9%−91.3%
Operating margin, average−10.4%−21.6%−39.1%
Net margin, average−420.2%−840.9%−1,401.6%

Accounting checks

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

CheckMar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Altman Z-scorePublished threshold 1.81–––––––––−3.77
Effective tax ratePublished threshold 17.16 per cent34.0238.4437.03201.8366.7364.94––––
A threshold marked as ours has no published figure; it is the line we read the check against.

Where the return came from

Yearly rates to Mar 2019, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−81.4%––0.0%
3 years−61.0%––0.0%
5 years−37.0%––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 over 1, 3 and 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.

Sita Shree Food Products share price by year

Each calendar year to 2020.

YearClose at year endChangeHighest closeLowest close
20200.300.0%0.400.25
2019BSE close0.30−60.0%0.750.25
2018BSE close0.75−85.1%5.250.65
20175.05−26.3%8.353.45
2016BSE close6.85−52.6%16.256.65
201514.45+78.4%20.658.35
₹ 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 9 Mar 2020.

Recent sessions

The 10 trading days to 9 Mar 2020, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
9 Mar 20200.300.300.300.300.303,510
2 Mar 20200.400.400.350.350.3714
24 Feb 20200.350.350.350.350.352,000
17 Feb 20200.350.350.350.350.35500
10 Feb 20200.400.400.350.400.351,123
3 Feb 20200.400.400.400.400.4015,353
27 Jan 20200.300.350.300.350.355,099
20 Jan 20200.250.300.200.300.2811,509
13 Jan 20200.200.250.200.250.2516,411
6 Jan 20200.300.300.250.250.274,122
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
11 Sep 2019Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
9 Sep 2019Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
16 Apr 2013Price 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
532961
ISIN
INE686I01011
Industry
Food Products
Former symbols
SITASHREE
CIN
L15314MP1996PLC010741
Corporate identity number, the registrar of companies' code for it
Incorporated
1996
Registered office
332/4/2, R D Udhyog Nagar, Palda Nemawar Road, Mathurawalas Colony, Indore 452001, Madhya Pradesh
Share registrar
Ankit Consultancy Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments