Veena Textile (Delisted) results and financials

BSE: 521028

Veena Textile Ltd · Face value ₹10 · Listed Feb 1993

Delisted on 4 Jul 2018.

Last announcements

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

  1. May 2018

  2. Apr 2018

  3. Feb 2018

Results for the quarter to Dec 2017

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

Revenue
₹0.04 Cr−49.3% on a year ago · −26.0% on the quarter before
Net profit
−₹0.03 Cr
Earnings per share
−₹0.03
Net margin
−75.7%

From revenue to net profit, ₹ crore

  1. Revenue0.0
  2. Depreciation0.0
  3. Profit before tax0.0
  4. Net profit0.0

Veena Textile results by quarter

Standalone: the listed company alone, without its subsidiaries. Latest quarter to Dec 2017. Results for the quarter to Mar 2018 were due by 30 May 2018, 60 days after it ends. Every company's dates are on the results calendar.

Revenue and net profit by quarter, ₹ crore

  • Revenue
  • Net profit
  • Loss
0.0−0.1Mar 150.00.0Jun 150.0−0.1Sep 150.00.0Dec 150.0−0.1Mar 16Jun 160.00.0Sep 160.10.0Dec 160.10.0Mar 171.6−0.1Jun 170.10.0Sep 170.00.0Dec 17
Peak revenue ₹1.58 Cr, quarter to Jun 2017; lowest ₹0.02 Cr, quarter to Mar 2015A loss in 10 of the 11 quarters with results on record

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
32.9%−420.0%−420.0%−38.3%−145.0%−103.7%−190.9%−75.0%32.9%−59.3%−4.1%−42.0%−75.7%Mar 15Sep 15Mar 16Sep 16Mar 17Sep 17Dec 17
₹ croreMar 2013Jun 2013Sep 2013Dec 2013Mar 2014Jun 2014Sep 2014Dec 2014Mar 2015Jun 2015Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017
Revenue from operations0.070.040.030.040.030.050.030.040.020.050.040.030.03–0.040.070.051.580.050.04
––––––––––––––––––––
Materials and goods bought–––0.03–––0.030.050.04––––––0.041.440.040.03
Depreciation and amortisation0.020.020.020.020.020.020.020.020.000.010.010.000.02–0.010.010.020.010.010.01
Other income0.000.00––––0.01–––––––––––––
Profit before tax−0.02−0.03−0.05−0.03−0.03−0.03−0.05−0.05−0.08−0.02−0.06−0.03−0.06–−0.030.02−0.03−0.07−0.02−0.03
Net profit−0.02−0.03−0.05−0.03−0.03−0.03−0.05−0.05−0.08−0.02−0.06−0.03−0.06–−0.030.02−0.03−0.07−0.02−0.03
Net margin−25.4%−73.8%−148.4%−88.6%−125.9%−62.2%−157.6%−118.2%−420.0%−38.3%−145.0%−103.7%−190.9%–−75.0%32.9%−59.3%−4.1%−42.0%−75.7%
Earnings per share––––––––––––––––−₹0.04−₹0.08−₹0.03−₹0.03
Earnings per share in rupees, restated for later splits and bonuses. No results on record for the quarter to Jun 2016.

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
1.1−0.2Mar 080.9−0.1Mar 091.81.8Mar 100.1−0.2Mar 110.1−0.2Mar 120.3−0.1Mar 130.1−0.1Mar 140.1−0.2Mar 150.1−0.2Mar 160.2−0.1Mar 17
Peak revenue ₹1.76 Cr, year to Mar 2010; lowest ₹0.08 Cr, year to Mar 2012A loss in 9 of the 10 years shown

Operating and net margin, per cent

  • Operating margin
  • Net margin
100.4%−241.5%−14.1%3.8%−19.5%−7.1%100.4%−118.8%−241.5%−39.1%−105.2%−150.3%−112.8%−44.0%Mar 08Mar 10Mar 12Mar 14Mar 16Mar 17

Results for the year to Mar 2017

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

From revenue to net profit

  1. Revenue0.2
  2. Depreciation0.0
  3. Profit before tax−0.1
  4. Net profit−0.1

Profit and loss

Standalone, ₹ crore, years to March. The last column is the twelve months to Dec 2017, the latest four quarters added.

₹ croreMar 2008Mar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Dec 2017Twelve months
Revenue from operations1.130.881.760.130.080.250.140.140.150.201.72
1.280.85–––––––––
Materials and goods bought0.320.17–0.08–––0.14–0.101.55
Operating profit before depreciation−0.160.03–––––––––
Operating margin−14.1%3.8%–––––––––
Depreciation and amortisation0.130.120.090.090.090.090.080.060.040.040.04
Operating profit after depreciation−0.29−0.09–––––––––
Other income0.100.070.030.06–0.000.000.01–––
Finance costs0.010.01–––––––––
Profit before tax−0.22−0.04−0.63−0.15−0.20−0.10−0.14−0.22−0.17−0.09−0.15
Tax0.000.02–––––––––
Net profit−0.22−0.061.77−0.15−0.20−0.10−0.14−0.22−0.17−0.09−0.15
Net margin−19.5%−7.1%100.4%−118.8%−241.5%−39.1%−105.2%−150.3%−112.8%−44.0%−8.5%
Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the years to Mar 2010, Mar 2011, Mar 2012, Mar 2013, Mar 2014, Mar 2015, Mar 2016 and Mar 2017: the statement does not state its finance costs, which operating profit is worked out from, so operating profit is not given.

Per share

Standalone, ₹ per share, years to March.

₹ per shareMar 2017
Earnings per share−₹0.11
Diluted earnings per share−₹0.11

Ratios

Standalone, years to March.

RatioMar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017
Revenue growth−21.9%100.1%−92.7%−35.9%208.5%−46.6%5.9%3.5%35.1%
Interest cover is left blank for the years to Mar 2008 and Mar 2009: operating profit after depreciation is a loss, and a loss covers no interest bill.

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 2017.

Measure10 years5 years3 years
Revenue growth, yearly rate–19.5%14.0%
Net margin, average−73.8%−90.3%−102.4%

Company details

BSE code
521028
ISIN
INE728E01010
CIN
L17111TZ1968PLC000584
Corporate identity number, the registrar of companies' code for it
Incorporated
1968
Registered office
309, Salem Main Road, Namakkal District, Komarapalayam 638183, Tamil Nadu
Share registrar
S.K.D.C. Consultants Ltd
Keeps the register of shareholders and handles transfers and dividend payments