Aftek (Delisted) financials and balance sheet
BSE: 530707
Formerly Aftek Infosys
Last traded ₹1.90 on 30 Nov 2015
Delisted on 4 Jul 2018.
10 years at a glance
Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to March.Aftek annual reports
Revenue, net profit and borrowings, ₹ crore
- Revenue
- Net profit
- Borrowings
- Loss
Peak revenue ₹393 Cr, year to Mar 2008A loss in 6 of the 10 years shown
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.
Results for the year to Mar 2017
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
From revenue to net profit
- Revenue12
- Operating expenses−12
- Operating profit−0.9
- Depreciation−32
- Other income+0.3
- Finance costs−7.7
- Profit before tax−41
- Net profit−41
Profit and loss
Standalone, ₹ crore, years to March.Aftek quarterly results
| ₹ crore | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 393 | 220 | 182 | 155 | 121 | 111 | 76 | 53 | 25 | 12 |
| Operating expenses. What the business spent to run itself in the period, materials, staff and other costs, before depreciation, interest and tax. | – | – | – | – | 54 | 50 | 9 | 10 | −13 | 12 |
| 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. | 3 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 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. | – | – | – | – | 67 | 61 | 66 | 43 | 37 | −1 |
| Operating marginOperating margin. Operating profit before depreciation as a percentage of revenue: how much of each rupee of sales is left after running costs. | – | – | – | – | 55.6% | 55.0% | 87.7% | 81.2% | 150.6% | −7.9% |
| 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. | – | – | – | – | 89 | 82 | 78 | 56 | 49 | 32 |
| Operating profit after depreciationOperating profit after depreciation (EBIT). Operating profit before depreciation, less depreciation and amortisation. | – | – | – | – | −21 | −21 | −11 | −13 | −12 | −33 |
| Other incomeOther income. Income from outside the main business, such as interest on deposits, dividends received and gains on investments. | −13 | 96 | −32 | 15 | 44 | 2 | 0 | 2 | – | 0 |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. | 3 | 3 | 4 | 9 | 11 | 10 | 8 | 8 | 8 | 8 |
| 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. | – | 119 | 3 | 15 | 12 | −29 | −19 | −19 | −19 | −41 |
| 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. | – | −129 | – | – | – | – | – | – | – | – |
| Profit before tax | 87 | −10 | 3 | 15 | 12 | −29 | −19 | −19 | −19 | −41 |
| Tax | 1 | 3 | 3 | 1 | 1 | −4 | −1 | – | – | – |
| Net profit | 86 | −13 | 0 | 14 | 11 | −25 | −18 | −19 | −19 | −41 |
| 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. | 21.9% | −5.8% | 0.2% | 9.0% | 9.4% | −22.7% | −24.2% | −37.0% | −77.7% | −352.0% |
Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the years to Mar 2008, Mar 2009, Mar 2010 and Mar 2011: the statement does not state its 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 | 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. | −43.9% | −17.4% | −14.9% | −21.7% | −8.5% | −31.7% | −30.6% | −52.9% | −53.3% |
| Operating profit growthOperating profit growth. This year's operating profit before depreciation less last year's, divided by last year's, times 100; blank where last year's is not above nought. | – | – | – | – | −9.5% | 9.0% | −35.8% | −12.5% | – |
| 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. | – | – | 4,871.9% | −18.3% | – | – | – | – | – |
| Earnings per share growthEarnings per share growth. This year's earnings per share less last year's, on the same share count, divided by last year's, times 100; blank where last year's is not above nought. | – | – | 4,866.7% | −18.1% | – | – | – | – | – |
Interest cover is left blank for the years to Mar 2012, Mar 2013, Mar 2014, Mar 2015, Mar 2016 and Mar 2017: 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 | 10 years | 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. | – | −37.5% | −46.5% |
| 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. | – | 73.3% | 74.6% |
| 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. | −47.9% | −102.7% | −155.6% |
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 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Effective tax rateEffective tax rate. Tax charged as a percentage of profit before tax.Published threshold 17.16 per cent | 1.44 | – | 90.49 | 5.08 | 6.28 | – | – | – | – | – |
A threshold marked as ours has no published figure; it is the line we read the check against.