Vidarbha Iron & Steel Corpn. (Delisted) share price
BSE: 504991Finance
Vidarbha Iron & Steel Corpn. Ltd. · Face value ₹10 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Nov 1973
Last traded ₹1.00 on 5 Oct 2009
Delisted on 17 Nov 2021.
Last announcements
The company's own last announcements before its shares stopped trading, routine notices left out.
Aug 2020
20 Aug · Corporate Insolvency Resolution Process (CIRP)-Approval of Resolution plan by Tribunal
Jul 2020
Aug 2019
May 2019
6 May · Compliance Certificate For Period Ended March 31, 2019
3 May · Statement of Investor Complaint under Reg. 13(3) of SEBI (LODR) Regulations, 2015 for Quarter ended March 31, 2019
Jun 2018
Results for the quarter to Jun 2019
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
- Net profitNet profit. What is left of revenue and other income after every cost, interest and tax. Net profit in the glossary
- −₹0.04 Cr
- Earnings per shareEarnings per share. Profit belonging to shareholders divided by the number of shares, restated for later splits and bonuses so they do not break the line. Earnings per share in the glossary
- −₹0.44
From revenue to net profit, ₹ crore
- Depreciation0.0
- Profit before tax0.0
- Net profit0.0
Vidarbha Iron & Steel Corpn. results by quarter
Standalone: the listed company alone, without its subsidiaries. Latest quarter to Jun 2019. Results for the quarter to Sep 2019 were due by 14 Nov 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
A loss in 5 of the 5 quarters with results on record
Operating and net margin by quarter, per cent
- Operating margin
- Net margin
| ₹ crore | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 0.05 | 0.05 | 0.05 | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Depreciation and amortisationDepreciation and amortisation. The part of the cost of plant, buildings and other long-lived assets charged against each year they are used. Depreciation and amortisation in the glossary | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 0.01 | – | 0.01 |
| Other incomeOther income. Income from outside the main business, such as interest on deposits, dividends received and gains on investments. Other income in the glossary | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | – | 0.01 | – | – | – | – | – | – | – | – | – | – | – |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. Finance costs in the glossary | – | 0.00 | 0.00 | 0.00 | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Profit before tax | 0.01 | 0.01 | 0.02 | −0.04 | −0.04 | −0.02 | −0.04 | −0.05 | −0.03 | −0.04 | – | – | – | – | – | −0.03 | – | −0.12 | – | −0.04 |
| – | – | 0.01 | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | |
| Current taxCurrent tax. Income tax payable on the period's own taxable profit. Current tax in the glossary | – | – | 0.02 | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Deferred taxDeferred tax. Tax charged or credited now that will be paid or saved in later years, because the tax rules count some income and costs in a different year from the accounts. Deferred tax in the glossary | – | – | −0.01 | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Tax rateEffective tax rate. Tax charged as a percentage of profit before tax. Effective tax rate in the glossary | – | – | 60.9% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Net profit | 0.01 | 0.01 | 0.01 | −0.04 | −0.04 | −0.02 | −0.04 | −0.05 | −0.03 | −0.04 | – | – | – | – | – | −0.03 | – | −0.12 | – | −0.04 |
| Net margin | 20.8% | 22.6% | 17.0% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Earnings per share | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | −₹0.32 | – | −₹1.23 | – | −₹0.44 |
Earnings per share in rupees, restated for later splits and bonuses. No results on record for the quarters to Mar 2017, Jun 2017, Sep 2017, Dec 2017, Mar 2018, Sep 2018 and Mar 2019.
9 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
Peak revenue ₹13 Cr, year to Mar 2012; lowest ₹0.21 Cr, year to Mar 2010A loss in the year to Mar 2016, −₹0.14 Cr
Operating and net margin, per cent
- Operating marginOperating margin. Operating profit before depreciation as a percentage of revenue: how much of each rupee of sales is left after running costs. Operating margin in the glossary
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
Results for the year to Mar 2016
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
From revenue to net profit
- Other income0.0
- Finance costs0.0
- Profit before tax−0.1
- Net profit−0.1
Profit and loss
Standalone, ₹ crore, years to March.
| ₹ crore | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 0.9 | 0.3 | 0.2 | 3.0 | 13.0 | 8.1 | 0.2 | 0.2 | – |
| Operating expenses. What the business spent to run itself in the period, materials, staff and other costs, before depreciation, interest and tax. Operating expenses in the glossary | – | – | 0.1 | – | – | 7.9 | – | – | – |
| Materials and goods boughtCost of materials and goods. Raw materials used and goods bought for resale in the period, adjusted for the change in stock held. Cost of materials and goods in the glossary | – | – | – | 2.7 | 12.6 | 7.8 | – | – | – |
| Employee costsEmployee costs. Salaries, wages, bonuses and other benefits paid to staff in the period. Employee costs in the glossary | – | – | 0.0 | – | – | 0.0 | – | – | – |
| Other expensesOther expenses. Every operating cost besides materials and staff: power, rent, freight, repairs, marketing and the like. Other expenses in the glossary | – | – | 0.1 | – | – | 0.1 | – | – | – |
| Operating profit before depreciationOperating profit before depreciation (EBITDA). Revenue less operating expenses: what the business earns from its operations before depreciation, interest and tax. Operating profit before depreciation (EBITDA) in the glossary | – | – | 0.1 | – | – | 0.2 | – | – | – |
| Operating margin | – | – | 64.9% | – | – | 2.3% | – | – | – |
| Materials, % of revenueMaterials, % of revenue. Raw materials used and goods bought for resale, adjusted for the change in stock, divided by revenue, times 100. Materials, % of revenue in the glossary | – | – | – | – | – | 96.3% | – | – | – |
| Employee costs, % of revenueEmployee costs, % of revenue. Salaries, wages and other staff costs divided by revenue, times 100. Employee costs, % of revenue in the glossary | – | – | 6.9% | – | – | 0.4% | – | – | – |
| Other expenses, % of revenueOther expenses, % of revenue. Operating costs besides materials and staff divided by revenue, times 100; with the two above and the operating margin it makes 100. Other expenses, % of revenue in the glossary | – | – | 30.1% | – | – | 1.6% | – | – | – |
| Depreciation and amortisation | 0.1 | – | 0.1 | – | – | 0.0 | – | – | – |
| Operating profit after depreciationOperating profit after depreciation (EBIT). Operating profit before depreciation, less depreciation and amortisation. Operating profit after depreciation (EBIT) in the glossary | – | – | 0.1 | – | – | 0.1 | – | – | – |
| Other income | 0.9 | – | 0.1 | 0.0 | 0.1 | 0.2 | 0.0 | 0.0 | 0.0 |
| Finance costs | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 |
| Profit before tax | 0.7 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0.0 | 0.0 | −0.1 |
| 0.0 | 0.0 | – | – | 0.0 | 0.0 | 0.0 | 0.0 | – | |
| Net profit | 0.7 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0.0 | 0.0 | −0.1 |
| Net margin | 73.2% | 20.2% | 55.2% | 4.4% | 0.7% | 2.5% | 11.4% | 15.7% | – |
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the year to Mar 2010 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 2008: revenue, other income and exceptional items less the total expenses stated do not come to the profit before tax the same statement states, so the operating expenses cannot be told apart from the rest. Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the years to Mar 2009, Mar 2011, Mar 2012, Mar 2014 and Mar 2015: 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 2016: the statement does not state its revenue or depreciation, which operating profit is worked out from, so operating profit is not given.
Ratios
Standalone, years to March.
| Ratio | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue growthRevenue growth. This year's revenue less last year's, divided by last year's, times 100; blank where last year's is not above nought. Revenue growth in the glossary | −68.0% | −28.1% | 1,327.6% | 332.5% | −37.8% | −97.4% | 0.0% | – |
| Net profit growthNet profit growth. This year's net profit less last year's, divided by last year's, times 100; blank where last year's is not above nought. Net profit growth in the glossary | −91.2% | 96.6% | 14.7% | −34.6% | 132.2% | −88.1% | 37.5% | – |
| Interest coverInterest cover. Operating profit after depreciation divided by finance costs: how many times over the profit pays the interest bill. Interest cover in the glossary | – | 15.0 | – | – | 2.8 | – | – | – |
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 2016.
| Measure | 5 years | 3 years |
|---|---|---|
| Net margin, averageNet margin, average. 3 years: The plain average of the yearly net profit margin over the last three years, needing at least two of them; a year without the figure is left out, never filled in. 5 years: The plain average of the yearly net profit margin over the last five years, needing at least four of them; a year without the figure is left out, never filled in. 10 years: The plain average of the yearly net profit margin over the last ten years, needing at least nine of them; a year without the figure is left out, never filled in. | 7.6% | 13.6% |
Accounting checks
Standalone, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.
| Check | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Effective tax ratePublished threshold 17.16 per cent | 1.04 | 10.61 | – | – | 33.59 | 16.87 | 29.41 | 29.79 | – |
A threshold marked as ours has no published figure; it is the line we read the check against.
Recent sessions
The 1 trading day to 5 Oct 2009, as traded on BSE.
| Date | Open | High | Low | Close | Average price | Volume |
|---|---|---|---|---|---|---|
| 5 Oct 2009 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 50 |
Prices in ₹ per share as traded, not adjusted.
Company details
- BSE code
- 504991
- ISIN
- INE392D01017
- Industry
- Finance
- Website
- www.facorsteel.com
- CIN
- L27100MH1972PLC016134
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1972
- Registered office
- 46, A & B MIDC Industrial Estate, Nagpur 440028, Maharashtra
- Share registrar
- The company itself
- Keeps the register of shareholders and handles transfers and dividend payments