Vijay Shanthi Builders (Delisted) share price

BSE: 523724

Vijay Shanthi Builders Ltd · Face value ₹10 · Listed Apr 1993

Last traded ₹2.10 on 29 Oct 2019

Delisted on 3 Mar 2021.

Last announcements

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

  1. Feb 2021

  2. Sep 2020

  3. Mar 2020

    • 5 Mar · Legal

      Exchange has sought clarification from Vijay Shanthi Builders Limited for the quarter ended 31-Dec-2019 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. On basis of above the Company is required to clarify the following: -1. Limited Review Report/ Independent Auditor's Report is not in the format prescribed by SEBI -2. Board meeting notice not submitted. The response of the Company is awaited.
  4. Feb 2020

  5. Dec 2019

Share price history

Daily closes since Jan 2007, BSE closes Jan 2007 to Jul 2010 and in Oct 2019, adjusted for splits and bonuses

Daily close, ₹ per share

Q3 results, quarter to Dec 2019

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

Revenue
₹0.39 Cr
Operating profit
−₹0.78 Cr
Net profit
−₹0.80 Cr
Earnings per share
−₹0.31
Operating margin
−197.8%
Net margin
−203.3%

From revenue to net profit, ₹ crore

  1. Revenue0.4
  2. Materials and goods−0.4
  3. Employee costs−0.3
  4. Other expenses−0.5
  5. Operating profit−0.8
  6. Depreciation0.0
  7. Other income0.0
  8. Finance costs0.0
  9. Profit before tax−0.8
  10. Tax0.0
  11. Net profit−0.8

Vijay Shanthi Builders results by quarter

Standalone: the listed company alone, without its subsidiaries. Latest quarter to Dec 2019. Results for the quarter to Mar 2020 were due by 30 May 2020, 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
124.0Mar 170.10.3Jun 171.50.0Sep 170.90.0Dec 1783−0.3Mar 181.70.0Jun 182.80.6Sep 183.1−0.4Dec 1821−11Mar 191.2−0.4Jun 190−1.1Sep 190.4−0.8Dec 19
A loss in 6 of the 12 quarters shown

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
362.7%−203.3%77.2%11.9%13.5%−1.0%4.5%33.5%−13.7%−54.2%−31.5%−197.8%32.9%362.7%0.1%1.7%−0.3%1.4%20.4%−12.5%−52.6%−37.0%−203.3%Mar 17Sep 17Mar 18Sep 18Mar 19Sep 19Dec 19
₹ croreMar 2015Jun 2015Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Q1Sep 2018Dec 2018Q3Mar 2019Jun 2019Q1Sep 2019Dec 2019Q3
Revenue from operations11.39.16.612.7–67.347.11.912.10.11.50.982.81.72.83.120.61.20.00.4
10.68.66.312.4––––2.8–1.40.883.61.61.93.531.81.51.11.2
Materials and goods bought–––––8.06.75.51.11.8–−0.181.71.00.52.230.80.80.00.4
Employee costs––––––––0.4––––0.50.60.90.70.40.40.3
Other expenses––––––––1.3––––0.10.80.40.30.30.70.5
Operating profit before depreciation0.70.50.20.3––––9.3–0.20.1−0.80.11.0−0.4−11.2−0.4−1.1−0.8
Operating margin6.2%5.2%3.7%2.6%––––77.2%–11.9%13.5%−1.0%4.5%33.5%−13.7%−54.2%−31.5%–−197.8%
Depreciation and amortisation0.00.10.10.1––––0.1−0.10.10.10.10.00.10.10.00.00.00.0
Other income–0.10.20.1–0.00.00.00.20.10.10.00.30.00.00.00.40.00.00.0
Finance costs0.40.00.00.0–0.25.22.01.9−0.20.20.1−0.20.00.00.10.10.00.00.0
One-off items–––––––––––––0.00.00.00.00.00.00.0
Profit before tax0.40.50.30.3–−9.212.9−2.67.60.50.00.0−0.40.00.9−0.6−10.9−0.4−1.1−0.8
0.10.10.10.1––1.2–3.6–0.00.0−0.20.00.3−0.2−0.10.00.00.0
Tax rate38.4%30.0%31.1%30.0%––9.4%–47.5%–94.7%50.0%–29.8%33.0%–––––
Net profit0.20.30.20.2–−9.211.7−2.64.00.30.00.0−0.30.00.6−0.4−10.9−0.4−1.1−0.8
Other comprehensive income–––––––––––––0.0−0.10.00.0−0.10.00.0
Total comprehensive income–––––––––––––0.00.5−0.4−10.8−0.5−1.1−0.8
Net margin2.0%3.7%3.6%1.7%–−13.7%24.9%−134.5%32.9%362.7%0.1%1.7%−0.3%1.4%20.4%−12.5%−52.6%−37.0%–−203.3%
Earnings per share––––––––₹1.52₹0.29–₹0.03−₹0.15₹0.00₹0.17−₹0.14−₹4.14−₹0.18−₹0.44−₹0.31
Earnings per share in rupees, restated for later splits and bonuses. No results on record for the quarter to Mar 2016.

The quarters either side of a change of basis do not compare. From the quarter to Mar 2017, the company's revenue for the year to Mar 2017, ₹78 Cr, differs from its quarters added, ₹128 Cr. From the quarter to Mar 2019, the company's revenue for the year to Mar 2019, ₹27 Cr, differs from its quarters added, ₹28 Cr.

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
682.7Mar 101369.5Mar 112109.5Mar 121388.5Mar 13764.1Mar 14481.9Mar 15570.7Mar 16784.7Mar 17850.0Mar 1827−1146Mar 19
A loss in the year to Mar 2019, −₹11 CrA loss in 1 of the 10 years shown

Operating and net margin, per cent

  • Operating margin
  • Net margin
22.9%−40.1%5.5%9.5%7.2%11.1%9.9%7.2%22.9%0.2%−40.1%3.9%7.0%4.5%6.1%5.3%3.9%1.3%6.0%0.0%−40.1%Mar 10Mar 12Mar 14Mar 16Mar 18Mar 19

The years either side of a change of basis do not compare. From the year to Mar 2017, the company's revenue for that year, ₹78 Cr, differs from its quarters added, ₹128 Cr. From the year to Mar 2019, the company's revenue for that year, ₹27 Cr, differs from its quarters added, ₹28 Cr.

Results for the year to Mar 2019

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

From revenue to net profit

  1. Revenue27
  2. Materials and goods−33
  3. Employee costs−2.3
  4. Other expenses−1.5
  5. Operating profit−11
  6. Depreciation−0.2
  7. Other income+0.4
  8. One-off items0.0
  9. Finance costs−0.2
  10. Profit before tax−11
  11. Tax0.0
  12. Net profit−11

What the company owns

  • Inventory₹187 Cr
  • Plant, investments and other assets₹24 Cr
  • Receivables₹14 Cr
  • Cash and bank₹0 Cr

What pays for it: net worth and liabilities

  • Net worth₹116 Cr
  • Other liabilities₹59 Cr
  • Borrowings₹46 Cr
  • Owed to suppliers₹4 Cr

Profit and loss

Standalone, ₹ crore, years to March. The last column is the twelve months to Dec 2019, the latest four quarters added.

₹ croreMar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Dec 2019Twelve months
Revenue from operations6813621013876485778852722
641231951236944–60853736
Materials and goods bought––––––3755803332
Employee costs–––––––2322
Other expenses–––––––3212
Operating profit before depreciation413151583–180−11−13
Operating margin5.5%9.5%7.2%11.1%9.9%7.2%–22.9%0.2%−40.1%–
Materials, % of revenue–––––––70.0%94.2%126.0%–
Employee costs, % of revenue–––––––3.0%3.0%8.6%–
Other expenses, % of revenue–––––––4.2%2.6%5.5%–
Depreciation and amortisation011111–0000
Operating profit after depreciation312141573–180−11−14
Other income01111010000
Finance costs01111119000
Profit before one-off items and tax312141563190−11−13
One-off items––0−1–––––00
Profit before tax312141463190−11−13
13452104000
Net profit3109842150−11−13
Other comprehensive income–––––––––00
Total comprehensive income–––––––––−11−13
Net margin3.9%7.0%4.5%6.1%5.3%3.9%1.3%6.0%0.0%−40.1%–
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the years to Mar 2010, Mar 2011, Mar 2012, Mar 2013, Mar 2014 and Mar 2015 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 2016: 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
116
Share capital26
Reserves90
46
64
45
Total assets225
9
216
Net debt45
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 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Earnings per share₹2.09₹3.63₹3.62₹3.23₹1.55––₹1.80₹0.10−₹4.10
Diluted earnings per share₹2.09₹3.63₹3.62₹3.23₹1.55––₹1.80₹0.10−₹4.10
Book value per share–––––––––₹44.44
Market cap at the year end (₹ crore)50.326.759.843.931.0––––14.4

Ratios

Standalone, years to March.

RatioMar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue growth31.4%100.3%54.7%−34.2%−44.9%−37.1%18.1%–8.7%–
Operating profit growth−8.8%243.9%17.1%2.3%−51.0%−54.7%––−99.1%–
Net profit growth0.2%257.5%−0.3%−10.8%−51.8%−53.9%−62.2%565.2%−99.5%–
Earnings per share growth−1.9%73.7%−0.3%−10.8%−52.0%–––−94.4%–
Return on equity–––––––––−9.2%
Return on capital employed–––––––––−6.7%
Interest cover9.416.316.922.34.65.8–1.9––
Debt to equity–––––––––0.39
Receivable days–––––––––189
Inventory days–––––––––2,044
Payable days–––––––––49
Cash conversion cycle, days–––––––––2,184
Working capital days–––––––––2,141
Asset turnover–––––––––0.12
Assets per rupee of net worth–––––––––1.94
Sales per rupee of plant–––––––––26.30
Plant being built, % of plant in use–––––––––0.0%
Revenue growth is left blank for the years to Mar 2017 and Mar 2019: between the two periods the company restated its earlier figures, so the two are on different bases and the change is not worked out. Interest cover is left blank for the years to Mar 2018 and Mar 2019: 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 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
−4.7%
Measure10 years5 years3 years
Operating margin, average3.7%−2.5%−5.7%
Net margin, average−0.2%−5.8%−11.4%

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 1.1–––––––––6.54
Effective tax ratePublished threshold 17.16 per cent18.2521.3931.8338.8332.6934.5531.8645.29––
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 2019 the company reports one business segment which carries all its revenue.

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−67.2%––0.0%
3 years−16.5%––0.0%
5 years−14.2%––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 are left empty where earnings per share at either end of the window was a loss or is not on record.

Vijay Shanthi Builders share price by year

Each calendar year to 2019.

YearClose at year endChangeHighest closeLowest close
2019BSE close2.10−72.0%7.552.10
20187.50−76.3%32.756.75
201731.65+187.7%34.5511.30
201611.00−9.5%13.658.40
201512.15+6.6%12.557.75
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. The 2019 close is its last trade, on 29 Oct 2019.

Recent sessions

The 10 trading days to 29 Oct 2019, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
29 Oct 20192.202.202.102.102.202,835
22 Oct 20192.302.302.202.202.24521
14 Oct 20192.302.352.252.302.31577
7 Oct 20194.164.164.164.164.16200
30 Sep 20192.352.352.352.352.35666
23 Sep 20192.552.552.452.452.451,612
16 Sep 20192.552.652.552.552.55161
9 Sep 20192.652.652.652.652.65975
3 Sep 20192.852.852.752.752.7616
26 Aug 20192.852.852.852.852.85501
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
14 Oct 2019Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
7 Oct 2019Price 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
523724
ISIN
INE806F01011
Former symbols
VIJSHAN
CIN
L45201TN1992PLC021960
Corporate identity number, the registrar of companies' code for it
Incorporated
1992
Registered office
No. 3, Blackers Road, Mount Road, Chennai 600002, Tamil Nadu
Share registrar
Cameo Corporate Services Ltd
Keeps the register of shareholders and handles transfers and dividend payments