Subway Finance & Investment Co. (Delisted) share price

BSE: 511024Commercial Services & Supplies

Subway Finance & Investment Co. Ltd · Face value ₹10 · Listed Mar 1984

Last traded ₹8.76 on 6 Apr 2017

Delisted on 12 Nov 2023.

Last announcements

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

Share price history

Daily closes since Jul 2012, adjusted for splits and bonuses

Daily close, ₹ per share

Q3 results, quarter to Dec 2022

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

Revenue
₹0.00 Cr
Operating profit
₹0.00 Cr
Net profit
₹0.00 Cr

From revenue to net profit, ₹ crore

  1. Revenue0.0
  2. Employee costs0.0
  3. Other expenses0.0
  4. Operating profit0.0
  5. Depreciation0.0
  6. Other income0.0
  7. Finance costs0.0
  8. Profit before tax0.0
  9. Tax0.0
  10. Net profit0.0

Subway Finance & Investment Co. results by quarter

Standalone: the listed company alone, without its subsidiaries. Latest quarter to Dec 2022. Results for the quarter to Mar 2023 were due by 30 May 2023, 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
0−0.2Mar 200−0.1Jun 200−0.1Sep 2000.0Dec 200−0.1Mar 2100.0Jun 210.0Sep 2100.0Dec 2100.1Mar 2200.0Jun 2200.0Sep 2200.0Dec 22
Peak revenue ₹0.00 Cr, quarter to Mar 2020Back to profit in the quarter to Dec 2022, ₹0.00 Cr

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
₹ croreJun 2018Q1Sep 2018Dec 2018Q3Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Q1Sep 2020Dec 2020Q3Mar 2021Jun 2021Q1Sep 2021Dec 2021Q3Mar 2022Jun 2022Q1Sep 2022Dec 2022Q3
Revenue from operations0.000.000.00––––0.000.000.000.000.000.00–0.000.000.000.000.00
0.050.010.02––––––––0.180.02–0.020.020.020.020.00
Materials and goods bought0.000.000.00––––0.000.000.000.000.000.00–0.000.000.000.000.00
Employee costs0.000.000.00––––––––0.020.00–0.000.000.000.000.00
Other expenses0.050.010.02––––––––0.170.02–0.020.020.020.020.00
Operating profit before depreciation−0.05−0.01−0.02––––––––−0.18−0.02–−0.02−0.02−0.02−0.020.00
Depreciation and amortisation0.000.000.00––––––––0.000.00–0.000.000.000.000.00
Other income0.000.000.00––––0.110.000.000.000.070.00–0.000.080.000.000.00
Finance costs0.000.000.00––––0.000.000.000.000.000.00–0.000.000.000.000.00
One-off items0.000.000.00––––––––0.000.00–0.000.000.000.000.00
Profit before tax−0.05−0.01−0.02––––−0.17−0.07−0.06−0.01−0.11−0.02−0.02−0.020.06−0.02−0.020.00
Tax0.000.000.00––––0.000.000.000.000.000.00–0.000.000.000.000.00
Tax rate–––––––––––––––0.0%––0.0%
Net profit−0.05−0.01−0.02––––−0.17−0.07−0.06−0.01−0.11−0.02−0.02−0.020.06−0.02−0.020.00
Earnings per share–−₹0.12−₹0.20–––––−₹0.61−₹0.58–−₹1.02−₹0.21−₹0.14−₹0.20₹0.58−₹0.17−₹0.15–
Earnings per share in rupees, restated for later splits and bonuses. No results on record for the quarters to Mar 2018, Mar 2019, Jun 2019, Sep 2019 and Dec 2019.

The quarter to Jun 2018 was restated in the company's filing of 3 May 2019. The table shows the restated figures.

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
−0.1Mar 130.20.1Mar 140.20.1Mar 150.0−0.1Mar 160.10.1Mar 170.10.0Mar 18Mar 190−0.20.2Mar 2000.00.1Mar 2100.00.1Mar 22
Peak revenue ₹0.17 Cr, year to Mar 2015; lowest −₹0.02 Cr, year to Mar 2016A loss in 3 of the 9 years with results on record

Operating and net margin, per cent

  • Operating margin
  • Net margin
470.0%32.5%58.6%48.5%470.0%52.7%32.5%Mar 13Mar 15Mar 17Mar 19Mar 21Mar 22

Results for the year to Mar 2022

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

From revenue to net profit

  1. Revenue0.0
  2. Employee costs0.0
  3. Other expenses−0.1
  4. Operating profit−0.1
  5. Depreciation0.0
  6. Other income+0.1
  7. One-off items0.0
  8. Finance costs0.0
  9. Profit before tax0.0
  10. Tax0.0
  11. Net profit0.0

What the company owns

  • Plant, investments and other assets₹1 Cr
  • Cash and bank₹0 Cr

What pays for it: net worth and liabilities

  • Net worth₹1 Cr
  • Borrowings₹0 Cr
  • Other liabilities₹0 Cr
  • Owed to suppliers₹0 Cr

Profit and loss

Standalone, ₹ crore, years to March. No results on record for the year to Mar 2019. The last column is the twelve months to Dec 2022, the latest four quarters added.

₹ croreMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Dec 2022Twelve months
Revenue from operations–0.160.17−0.020.150.11–0.000.000.000.00
––––––––0.040.080.05
Materials and goods bought–––––––0.000.000.000.00
Employee costs––––––––0.010.000.00
Other expenses––––––––0.030.080.05
Operating profit before depreciation––––––––−0.04−0.08−0.05
Depreciation and amortisation––––––––0.000.000.00
Operating profit after depreciation––––––––−0.04−0.08−0.05
Other income–––––––0.110.070.080.08
Finance costs–––––––0.000.000.000.00
One-off items––––––––0.000.000.00
Profit before tax−0.090.120.12−0.090.080.04–−0.230.030.010.03
Tax–0.020.04––––0.000.000.000.00
Net profit−0.090.100.08−0.090.080.04–−0.230.030.010.03
Net margin–58.6%48.5%470.0%52.7%32.5%–––––
Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the year to Mar 2013: the statement does not state its revenue, finance costs or 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 years to Mar 2014, Mar 2015, Mar 2016, Mar 2017 and Mar 2018: the statement does not state its finance costs or 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 2020: the statement does not state its depreciation, which operating profit is worked out from, so operating profit is not given.
Earlier years, Mar 2008 to Mar 2012
₹ croreMar 2008Mar 2009Mar 2010Mar 2011Mar 2012
Revenue from operations0.240.160.130.11–
Operating expenses−0.05−0.01–––
Operating profit before depreciation0.280.17–––
Operating margin119.5%109.5%–––
Depreciation and amortisation0.000.02–––
Operating profit after depreciation0.280.15–––
Finance costs0.060.020.01––
Profit before tax0.160.120.100.09−0.17
Tax0.04––0.03–
Net profit0.120.120.100.06−0.17
Net margin49.8%77.6%80.6%54.6%–
Standalone, ₹ crore, years to March.

Balance sheet

Standalone, ₹ crore, at 31 March. The last column is the half year to Sep 2022, after the latest full year: the balance sheet at its end.

₹ croreMar 2020Mar 2021Mar 2022Sep 2022Half year
1.461.351.361.33
Share capital1.101.101.101.10
Reserves0.360.250.250.23
Borrowings0.170.070.070.04
0.040.030.010.00
0.170.100.100.06
Total assets1.671.471.471.39
1.291.461.451.37
0.380.010.010.01
Net debt−0.220.060.060.03
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 2013, Mar 2014, Mar 2015, Mar 2016, Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.

Cash flow

Standalone, ₹ crore, years to March. The last column is the half year to Sep 2022, after the latest full year: the cash flow over its six months.

₹ croreMar 2021Mar 2022Sep 2022Half year
0.03−0.01−0.05
0.00−0.01−0.03
Payables0.00−0.02−0.01
Other working capital0.000.00−0.02
Capital spending0.000.000.00
Free cash flow0.03−0.01−0.05
Cash from investing0.000.010.09
0.000.00−0.03
Dividends paid0.000.000.00
Shares bought back0.000.000.00
Shares issued0.000.000.00
Net change in cash0.030.000.00
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 2013, Mar 2014, Mar 2015, Mar 2016, Mar 2017, Mar 2018 and Mar 2020.

Per share

Standalone, ₹ per share, years to March.

₹ per shareMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Earnings per share−₹0.78–––₹0.70₹0.24––₹0.34₹0.06
Diluted earnings per share−₹0.78–––₹0.70₹0.24––––
Earnings per share is left blank for the year to Mar 2020: the earnings per share is stated as 0 while the period's profit or loss comes to at least half a paisa a share, so the 0 stands in for a figure the filing does not give.

Ratios

Standalone, years to March.

RatioMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue growth5.6%––−27.2%––––
Net profit growth−12.6%––−55.1%–––−75.3%
Earnings per share growth–––−65.7%–––−82.4%
Return on capital employed––––––−3.1%−5.5%
Cash conversion––––––100.0%−119.2%
Debt to equity–––––0.120.050.05
Asset turnover–––––0.000.000.00
Assets per rupee of net worth–––––1.141.121.09
No balance sheet is on record for the years to 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 2022.

Return on assets, latest year
0.4%
Measure5 years3 years
Profit growth, yearly rate−39.7%–
Return on capital employed, average–−4.3%
Asset turnover, average–0.00
Debt to equity, average–0.07

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 2022.

₹ croreLatest year
Cash from operations−0.01
Cash from investing0.01
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 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Altman Z-scorePublished threshold 1.1–––––––12.0213.46
Profit not backed by cash, % of assetsPublished threshold 10 per cent of average total assets–––––––0.000.43
Effective tax ratePublished threshold 17.16 per cent19.6630.83–––––0.000.00
Tax charged less tax paid, % of profitOur threshold 10 percentage points––––––––0.00
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 2022 the company reports one business segment, Finance, which carries all its revenue.

Subway Finance & Investment Co. share price by year

Each calendar year to 2017.

YearClose at year endChangeHighest closeLowest close
20178.76+2.0%8.768.59
20168.59+31.3%8.596.67
20156.54+212.9%6.542.13
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2017 is from its first session, 16 Jan 2017. The close is the year's last trade for 2017 (6 Apr 2017), 2016 (17 Oct 2016) and 2015 (17 Dec 2015).

Recent sessions

The 10 trading days to 6 Apr 2017, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
6 Apr 20178.768.768.768.768.762
24 Mar 20178.938.938.598.59–11
16 Jan 20178.768.768.768.768.762
17 Oct 20168.598.598.598.598.595
12 Sep 20168.438.438.438.438.435
1 Jul 20168.398.398.398.398.392
8 Jun 20168.238.238.238.238.232
30 May 20168.078.078.078.078.075
23 May 20167.927.927.927.927.922
10 May 20167.777.777.777.777.772
Prices in ₹ per share as traded, not adjusted.

Company details

BSE code
511024
ISIN
INE033F01012
Industry
Commercial Services & Supplies
CIN
L65990MH1983PLC029350
Corporate identity number, the registrar of companies' code for it
Incorporated
1983
Registered office
Eastern Court, B Wing, 1st Floor, Junction of Tejpal, Parleshwar Road, Vile Parle (E), Mumbai 400057, Maharashtra
Share registrar
Link Intime India Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments