Dollex Industries (Delisted) financials and balance sheet
BSE: 531367
Last traded ₹4.45 on 7 Feb 2018
Delisted on 2 Apr 2018.
8 years at a glance
Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to September, then March.Dollex Industries annual reports
Revenue, net profit and borrowings, ₹ crore
- Revenue
- Net profit
- Borrowings
- Loss
Peak revenue ₹18 Cr, year to Mar 2015A loss in 4 of the 6 years with results on record
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.
- 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.
The company moved its year end from September to March: its last year to September on record ended in Sep 2011, its first year to March in Mar 2013.
Results for the year to Mar 2017
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
From revenue to net profit
- Revenue7.1
- Materials and goods−6.5
- Employee costs−0.1
- Other expenses−0.3
- Operating profit0.2
- Depreciation−0.1
- Finance costs0.0
- Profit before tax0.1
- Tax−0.1
- Net profit0.0
Profit and loss
Standalone, ₹ crore, years to September, then March. No results on record for the years to Sep 2010 and Mar 2016.Dollex Industries quarterly results
| ₹ crore | Sep 2009 | Sep 2010 | Sep 2011 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 11.8 | – | 17.0 | 1.3 | 0.8 | 18.4 | – | 7.1 |
| Operating expenses. What the business spent to run itself in the period, materials, staff and other costs, before depreciation, interest and tax. | 9.6 | – | 19.8 | 1.6 | 1.0 | 18.6 | – | 6.9 |
| 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. | 8.5 | – | 18.9 | 1.2 | 0.7 | 18.4 | – | 6.5 |
| Employee costsEmployee costs. Salaries, wages, bonuses and other benefits paid to staff in the period. | 0.2 | – | – | 0.1 | 0.0 | 0.0 | – | 0.1 |
| Other expensesOther expenses. Every operating cost besides materials and staff: power, rent, freight, repairs, marketing and the like. | 0.9 | – | – | 0.3 | 0.2 | 0.2 | – | 0.3 |
| Operating profit before depreciationOperating profit before depreciation (EBITDA). Revenue less operating expenses: what the business earns from its operations before depreciation, interest and tax. | 2.2 | – | −2.8 | −0.3 | −0.1 | −0.2 | – | 0.2 |
| Operating marginOperating margin. Operating profit before depreciation as a percentage of revenue: how much of each rupee of sales is left after running costs. | 18.5% | – | −16.3% | −20.4% | −18.3% | −0.9% | – | 2.6% |
| Materials, % of revenueMaterials, % of revenue. Raw materials used and goods bought for resale, adjusted for the change in stock, divided by revenue, times 100. | 72.5% | – | – | 88.9% | 87.1% | 99.6% | – | 92.8% |
| Employee costs, % of revenueEmployee costs, % of revenue. Salaries, wages and other staff costs divided by revenue, times 100. | 2.1% | – | – | 5.4% | 3.3% | 0.1% | – | 0.9% |
| 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. | 7.4% | – | – | 26.4% | 28.2% | 1.1% | – | 3.7% |
| 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. | 0.9 | – | 0.3 | 0.2 | 0.1 | 0.2 | – | 0.1 |
| Operating profit after depreciationOperating profit after depreciation (EBIT). Operating profit before depreciation, less depreciation and amortisation. | 1.3 | – | −3.1 | −0.5 | −0.3 | −0.4 | – | 0.1 |
| Other incomeOther income. Income from outside the main business, such as interest on deposits, dividends received and gains on investments. | – | – | 0.8 | – | 0.0 | – | – | – |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. | 0.1 | – | 0.0 | 0.0 | 0.0 | 0.0 | – | 0.0 |
| Profit before one-off items and taxProfit before one-off items and tax. Profit before tax as it would be without the one-off items below it, as the company states it. | 1.2 | – | −2.3 | −0.5 | −0.3 | −0.4 | – | 0.1 |
| One-off itemsExceptional items. Gains or losses the company reports separately because they are not expected to recur, such as selling a business or writing down an asset. | – | – | – | 0.0 | 0.0 | 0.0 | – | – |
| Profit before tax | 1.2 | – | −2.3 | −0.5 | −0.3 | −0.4 | – | 0.1 |
| Tax | 0.2 | – | – | −0.1 | −0.1 | 0.0 | – | 0.1 |
| Net profit | 1.0 | – | −2.3 | −0.4 | −0.2 | −0.4 | – | 0.0 |
| 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. | 8.7% | – | −13.6% | −30.3% | −22.0% | −2.1% | – | 0.0% |
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the year to Sep 2011 they do not, so they are left blank.
Ratios
Standalone, years to September, then March.
| Ratio | Sep 2009 | Sep 2010 | Sep 2011 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|
| 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. | – | – | – | – | −38.6% | 2,163.1% | – | – |
| Interest coverInterest cover. Operating profit after depreciation divided by finance costs: how many times over the profit pays the interest bill. | 22.4 | – | – | – | – | – | – | 14.1 |
Interest cover is left blank for the years to Sep 2011, Mar 2013, Mar 2014 and Mar 2015: 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.
| Measure | 5 years | 3 years |
|---|---|---|
| Revenue growth, yearly rateRevenue growth, yearly rate. 3 years: Revenue in the latest year ÷ revenue in the year three years before, to the power of one third, − 1, × 100: the yearly rate it grew at; empty where either year is missing, nought or a loss, or a change of year end falls between them. 5 years: Revenue in the latest year ÷ revenue in the year five years before, to the power of one fifth, − 1, × 100: the yearly rate it grew at; empty where either year is missing, nought or a loss, or a change of year end falls between them. 10 years: Revenue in the latest year ÷ revenue in the year ten years before, to the power of one tenth, − 1, × 100: the yearly rate it grew at; empty where either year is missing, nought or a loss, or a change of year end falls between them. | – | 105.4% |
| Operating margin, averageOperating margin, average. 3 years: The plain average of the yearly operating 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 operating 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 operating profit margin over the last ten years, needing at least nine of them; a year without the figure is left out, never filled in. | −9.2% | 0.9% |
| 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. | −13.6% | −1.0% |
Accounting checks
Standalone, years to September, then March. Published tests of whether reported profit is backed by cash and the balance sheet.
| Check | Sep 2009 | Sep 2010 | Sep 2011 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|
| Effective tax rateEffective tax rate. Tax charged as a percentage of profit before tax.Published threshold 17.16 per cent | 14.38 | – | – | – | – | – | – | 98.70 |
A threshold marked as ours has no published figure; it is the line we read the check against.