Sri Vasavi Industries (Delisted) results and financials

BSE: 513609

Sri Vasavi Industries Ltd. · Face value ₹10 · Listed Dec 2001

Delisted on 23 Aug 2017.

Last announcements

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

  1. Mar 2015

    • 31 Mar · Board meeting

      Sri Vasavi Industries Ltd has now informed BSE that the Board of Directors of the Company at its meeting held on February 13, 2015, has appointed Mr. Ramaswamy K, Company Secretary in Practice, ....
  2. May 2012

  3. Feb 2012

    • 28 Feb · Board meeting

      Board of Directors have approved on February 23, 2012 for demerger of Ferro Division of the Company and to merge with Cronimet Alloys ....

Results for the quarter to Mar 2011

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

Revenue
₹71 Cr
Operating profit
−₹0.01 Cr
Net profit
−₹1.02 Cr
Operating margin
0.0%
Net margin
−1.4%

From revenue to net profit, ₹ crore

  1. Revenue71
  2. Operating expenses−71
  3. Operating profit0.0
  4. Depreciation−1.1
  5. Other income+2.9
  6. Finance costs−2.8
  7. Profit before tax−1.0
  8. Net profit−1.0

Sri Vasavi Industries results by quarter

Standalone: the listed company alone, without its subsidiaries. Latest quarter to Mar 2011. Results for the quarter to Jun 2011 were due by 14 Aug 2011, 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
88−4.3Jun 0887−7.4Sep 0887−1.7Dec 0890−4.6Mar 09632.9Jun 0946−8.4Sep 0944−3.6Dec 0964−3.7Mar 1052−12Jun 10705.1Sep 1061−1.7Dec 1071−1.0Mar 11
A loss in 10 of the 12 quarters shown

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
9.7%−23.4%1.1%−2.4%4.5%0.5%7.7%−8.9%−12.0%3.2%−21.7%9.7%−4.3%0.0%−4.9%−8.5%−2.0%−5.1%4.6%−18.1%−8.2%−5.8%−23.4%7.2%−2.8%−1.4%Jun 08Dec 08Jun 09Dec 09Jun 10Dec 10Mar 11
₹ croreJun 2008Sep 2008Dec 2008Mar 2009Jun 2009Sep 2009Dec 2009Mar 2010Jun 2010Sep 2010Dec 2010Mar 2011
Revenue from operations88.087.187.089.863.146.444.563.952.070.461.470.6
87.089.283.189.358.350.549.861.963.363.664.070.6
Materials and goods bought55.958.152.156.634.328.324.833.740.940.141.940.0
Operating profit before depreciation1.0−2.13.90.54.9−4.1−5.42.1−11.36.8−2.60.0
Operating margin1.1%−2.4%4.5%0.5%7.7%−8.9%−12.0%3.2%−21.7%9.7%−4.3%0.0%
Depreciation and amortisation1.41.41.41.41.41.41.41.41.11.11.11.1
Other income0.20.10.10.10.20.24.80.90.70.44.12.9
Finance costs4.04.04.33.70.83.11.75.40.41.02.12.8
Profit before tax−4.3−7.4−1.7−4.62.9−8.4−3.6−3.7−12.25.1−1.7−1.0
Net profit−4.3−7.4−1.7−4.62.9−8.4−3.6−3.7−12.25.1−1.7−1.0
Net margin−4.9%−8.5%−2.0%−5.1%4.6%−18.1%−8.2%−5.8%−23.4%7.2%−2.8%−1.4%
Earnings per share in rupees, restated for later splits and bonuses.

The quarters either side of a change of basis do not compare. From the quarter to Mar 2009, the company's revenue for the year to Mar 2009, ₹75 Cr, differs from its quarters added, ₹352 Cr. From the quarter to Mar 2011, the company's revenue for the year to Mar 2011, ₹282 Cr, differs from its quarters added, ₹254 Cr.

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
755.3Mar 09218−13Mar 10282−4.1Mar 11
A loss in 2 of the 3 years shown

Operating and net margin, per cent

  • Operating margin
  • Net margin
7.1%−5.9%−1.2%0.0%7.1%−5.9%−1.4%Mar 09Mar 10Mar 11

The years either side of a change of basis do not compare. From the year to Mar 2011, the company's revenue for that year, ₹282 Cr, differs from its quarters added, ₹254 Cr.

Results for the year to Mar 2011

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

From revenue to net profit

  1. Revenue282
  2. Operating expenses−282
  3. Operating profit0.0
  4. Depreciation−4.6
  5. Other income+12
  6. Finance costs−11
  7. Profit before tax−4.1
  8. Net profit−4.1

Profit and loss

Standalone, ₹ crore, years to March.

₹ croreMar 2009Mar 2010Mar 2011
Revenue from operations75218282
–220282
Materials and goods bought–121160
Operating profit before depreciation–−30
Operating margin–−1.2%0.0%
Depreciation and amortisation–65
Operating profit after depreciation–−8−5
Other income1612
Finance costs21111
Profit before tax5−13−4
Net profit5−13−4
Net margin7.1%−5.9%−1.4%
Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the year to Mar 2009: the statement does not state its depreciation, which operating profit is worked out from, so operating profit is not given.

Ratios

Standalone, years to March.

RatioMar 2010Mar 2011
Revenue growth190.2%–
Interest cover is left blank for the years to Mar 2010 and Mar 2011: operating profit after depreciation is a loss, and a loss covers no interest bill. Revenue growth is left blank for the year to Mar 2011: 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 2011.

Measure3 years
Operating margin, average−0.6%
Net margin, average−0.1%

Company details

BSE code
513609
ISIN
INE634E01010
CIN
L27109AP1985PLC005259
Corporate identity number, the registrar of companies' code for it
Incorporated
1985
Registered office
V R Agraharam, Ponduru Road, Rajam, Srikakulam 532127, Andhra Pradesh
Share registrar
XL Softech Consultants (P) Ltd
Keeps the register of shareholders and handles transfers and dividend payments