Supernova Advertising results and financials

BSE: 780008

Supernova Advertising Limited · Face value ₹10 · Listed Jul 2014

Trading is suspended

Latest announcements

Routine notices left out.

  1. Sep 2022

  2. Nov 2021

  3. Oct 2021

    • 19 Oct · Statement Of Investor Complaints For The Quarter Ended September 2021 (Revised)

      No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter 0 0 0 0
    • 6 Oct · Statement Of Investor Complaints For The Quarter Ended September 2021

      No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter 0 0 0 0
  4. Jun 2021

Results for the quarter to Mar 2021

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

Revenue
₹2.89 Cr
Operating profit
−₹1.94 Cr
Net profit
−₹1.61 Cr
Earnings per share
−₹1.58
Operating margin
−67.1%
Net margin
−55.7%

From revenue to net profit, ₹ crore

  1. Revenue2.9
  2. Materials and goods−4.1
  3. Employee costs−0.1
  4. Other expenses−0.7
  5. Operating profit−1.9
  6. Depreciation0.0
  7. Other income+0.3
  8. Finance costs0.0
  9. Profit before tax−1.6
  10. Tax0.0
  11. Net profit−1.6

Supernova Advertising 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.

₹ croreMar 2021
Revenue from operations2.89
4.83
Materials and goods bought4.05
Employee costs0.08
Other expenses0.70
Operating profit before depreciation−1.94
Operating margin−67.1%
Depreciation and amortisation0.00
Other income0.34
Finance costs0.00
One-off items0.00
Profit before tax−1.59
0.01
Net profit−1.61
Net margin−55.7%
Earnings per share−₹1.58
Earnings per share in rupees, restated for later splits and bonuses.

Supernova Advertising results by half year

Standalone: the listed company alone, without its subsidiaries. The half years to Mar 2019 in the same span that the quarters on record do not fully cover.

₹ croreSep 2016Mar 2017Sep 2017Mar 2018Sep 2018Mar 2019
Revenue from operations2.5–47.010.98.639.5
–––10.99.042.7
Materials and goods bought0.2––0.00.038.0
Employee costs–––0.10.10.1
Other expenses–––10.88.94.6
Operating profit before depreciation–––0.1−0.4−3.2
Operating margin–––0.5%−4.9%−8.2%
Depreciation and amortisation––0.00.00.00.0
Other income0.0–0.00.00.13.7
Finance costs0.0––0.00.00.0
Profit before tax−0.4–−0.10.1−0.30.4
Tax0.0––0.00.00.0
Tax rate–––1.7%–7.0%
Net profit−0.4–−0.10.1−0.30.4
Net margin−16.2%–−0.3%0.5%−3.8%1.1%
Earnings per share––−₹0.12₹0.06–₹0.41
Earnings per share in rupees, restated for later splits and bonuses. No results on record for the half year to Mar 2017.

7 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
9.80.4Mar 15Mar 16Mar 1758−0.1Mar 18480.117Mar 19960.30Mar 20320.10Mar 21
Peak revenue ₹96 Cr, year to Mar 2020; lowest ₹9.76 Cr, year to Mar 2015A loss in 1 of the 5 years with results on record

Operating and net margin, per cent

  • Operating margin
  • Net margin
4.2%−7.6%−0.1%−7.6%0.1%−0.9%4.2%−0.1%0.2%0.3%0.2%Mar 15Mar 16Mar 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. Revenue32
  2. Materials and goods−31
  3. Employee costs−0.1
  4. Other expenses−0.8
  5. Operating profit−0.3
  6. Depreciation0.0
  7. Other income+0.3
  8. One-off items0.0
  9. Finance costs0.0
  10. Profit before tax0.1
  11. Tax0.0
  12. Net profit0.1

What the company owns

  • Receivables₹56 Cr
  • Inventory₹40 Cr
  • Plant, investments and other assets₹35 Cr
  • Cash and bank₹0 Cr

What pays for it: net worth and liabilities

  • Owed to suppliers₹120 Cr
  • Net worth₹11 Cr
  • Other liabilities₹0 Cr

Profit and loss

Standalone, ₹ crore, years to March. No results on record for the years to Mar 2016 and Mar 2017.

₹ croreMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue from operations9.8––58.048.195.731.6
–––58.051.895.531.9
Materials and goods bought–––45.138.074.630.9
Employee costs–––0.10.20.20.1
Other expenses–––12.813.520.70.8
Operating profit before depreciation–––−0.1−3.70.1−0.3
Operating margin–––−0.1%−7.6%0.1%−0.9%
Materials, % of revenue–––77.8%79.1%78.0%97.9%
Employee costs, % of revenue–––0.2%0.5%0.2%0.4%
Other expenses, % of revenue–––22.1%28.1%21.6%2.6%
Depreciation and amortisation–––0.00.00.00.0
Operating profit after depreciation–––−0.1−3.70.1−0.3
Other income0.6––0.03.80.20.3
Finance costs0.0––0.00.00.00.0
One-off items––––0.00.00.0
Profit before tax0.6––−0.10.10.30.1
0.2––0.00.00.10.0
Net profit0.4––−0.10.10.30.1
Net margin4.2%––−0.1%0.2%0.3%0.2%
Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the year to Mar 2015: 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 2019Mar 2020Mar 2021
101111
Share capital101010
Reserves001
Borrowings1700
67121120
Liabilities due after a year000
Total assets78132131
1587
63123124
Net debt1700
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 2015 and Mar 2018, so its lines and the ratios worked from it are blank there.

Cash flow

Standalone, ₹ crore, years to March.

₹ croreMar 2021
−2.3
−2.3
−3.4
Receivables13.1
Inventories−12.7
Payables−0.6
Other working capital−3.2
Tax paid0.0
Capital spending0.0
Free cash flow−2.3
2.3
Cash from financing0.0
Dividends paid0.0
Shares bought back0.0
Shares issued0.0
Net change in cash0.0
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 2015, Mar 2018, Mar 2019 and Mar 2020.

Per share

Standalone, ₹ per share, years to March.

₹ per shareMar 2018Mar 2019Mar 2020Mar 2021
Earnings per share−₹0.06₹0.09₹0.25₹0.05
Diluted earnings per share−₹0.06₹0.09–₹0.05
Book value per share–₹10.13₹10.38₹10.50

Ratios

Standalone, years to March.

RatioMar 2019Mar 2020Mar 2021
Revenue growth−17.0%98.9%−67.0%
Net profit growth–186.8%−80.1%
Earnings per share growth–177.8%−80.0%
0.9%2.4%0.5%
–1.6 pts−2.0 pts
From the net margin–0.4 pts−1.0 pts
From asset turnover–0.6 pts−1.1 pts
From borrowing–0.6 pts0.1 pts
Return on capital employed−13.3%1.1%−2.6%
Cash conversion––−4,575.6%
Debt to equity1.650.000.00
Receivable days261265650
Inventory days216131467
Payable days4825901,417
Cash conversion cycle, days−5−194−299
Working capital days92841
Asset turnover0.620.910.24
Assets per rupee of net worth7.519.9912.31
Sales per rupee of plant2,082.035,762.615,092.92
Capital spending to depreciation––0.00
Plant being built, % of plant in use–0.0%–
Interest cover is left blank for the year to Mar 2018: operating profit after depreciation is a loss, and a loss covers no interest bill. No balance sheet is on record for the years to Mar 2015 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
0.0%
Measure5 years3 years
Revenue growth, yearly rate–−18.3%
Return on equity, average–1.3%
Return on capital employed, average–−4.9%
Operating margin, average−2.1%−2.8%
Net margin, average0.1%0.2%
Asset turnover, average–0.59
Cash conversion cycle, days, average–−166
Debt to equity, average–0.55

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−2.33
Cash from investing2.30
Cash from financing0.00
Capital spending0.00
Dividends paid0.00
Shares bought back0.00
Shares issued for cash0.00
Borrowings raised0.00
Borrowings repaid0.00

Accounting checks

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

CheckMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Piotroski score, out of 9Published threshold 3 points out of 9––––––3
Altman Z-scorePublished threshold 1.1––––−0.230.230.29
Beneish M-scorePublished threshold −1.78––––––4.36
Profit not backed by cash, % of assetsPublished threshold 10 per cent of average total assets––––––0.06
Receivables growth less revenue growthOur threshold 0 percentage points–––––2.8148.07
Inventory growth less cost-of-goods growthOur threshold 0 percentage points–––––−76.95105.94
Other current assets growth less revenue growthOur threshold 5 per cent of revenue–––––22.533.59
Effective tax ratePublished threshold 17.16 per cent30.64–––25.5020.1022.29
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, ADVERTISEMENT, which carries all its revenue.

Company details

BSE code
780008
ISIN
INE018Q01010
CIN
L22212MH2008PLC181088
Corporate identity number, the registrar of companies' code for it
Incorporated
2008
Registered office
Shop No. G/28, Ground Floor, Om Heera Panna Premises CHS, Opp. City International School, Andheri (W, Mumbai 400053, Maharashtra
Share registrar
Skyline Financial Services Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments