Arora Fibres (Delisted) financials and balance sheet
BSE: 521174
Last traded ₹9.71 on 21 Mar 2016
Delisted on 31 Mar 2016.
8 years at a glance
Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to March.Arora Fibres annual reports
Revenue, net profit and borrowings, ₹ crore
- Revenue
- Net profit
- Borrowings
- Loss
Peak revenue ₹63 Cr, year to Mar 2014A loss in 5 of the 8 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 2015
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
From revenue to net profit
- Revenue36
- Operating expenses−35
- Operating profit0.9
- Depreciation−1.1
- Other income0.0
- Finance costs−0.7
- Profit before tax−0.9
- Net profit2.2
Profit and loss
Standalone, ₹ crore, years to March.Arora Fibres quarterly results
| ₹ crore | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 14.3 | 10.7 | 15.0 | 25.4 | 23.4 | 34.7 | 62.9 | 35.5 |
| Operating expenses. What the business spent to run itself in the period, materials, staff and other costs, before depreciation, interest and tax. | 19.2 | 12.5 | 15.2 | 23.7 | 25.1 | 31.5 | – | 34.6 |
| 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. | 11.9 | 8.5 | 10.9 | 17.7 | 16.3 | 26.6 | 35.5 | 29.6 |
| Operating profit before depreciationOperating profit before depreciation (EBITDA). Revenue less operating expenses: what the business earns from its operations before depreciation, interest and tax. | −4.9 | −1.8 | −0.2 | 1.7 | −1.7 | 3.2 | – | 0.9 |
| Operating marginOperating margin. Operating profit before depreciation as a percentage of revenue: how much of each rupee of sales is left after running costs. | −34.2% | −17.0% | −1.2% | 6.8% | −7.1% | 9.3% | – | 2.6% |
| 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. | 0.8 | 0.8 | 0.6 | 0.8 | 1.2 | 1.2 | 1.0 | 1.1 |
| Operating profit after depreciationOperating profit after depreciation (EBIT). Operating profit before depreciation, less depreciation and amortisation. | −5.7 | −2.6 | −0.8 | 0.9 | −2.8 | 2.0 | – | −0.2 |
| Other incomeOther income. Income from outside the main business, such as interest on deposits, dividends received and gains on investments. | 0.6 | 0.1 | 1.4 | 1.1 | 1.7 | 0.1 | – | 0.0 |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. | 0.3 | 0.7 | 0.8 | 1.2 | 1.8 | 2.1 | – | 0.7 |
| 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. | – | −3.2 | −0.2 | 0.8 | −3.0 | 0.0 | 3.7 | −0.9 |
| 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 | – | – | – | – |
| Profit before tax | −5.4 | −3.2 | −0.2 | 0.7 | −3.0 | 0.0 | 3.7 | −0.9 |
| Tax | 0.0 | 0.0 | – | 0.3 | – | – | – | – |
| Net profit | −5.4 | −3.2 | −0.2 | 0.4 | −6.0 | 0.0 | 3.7 | 2.2 |
| 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. | −37.9% | −30.2% | −1.4% | 1.7% | −25.7% | 0.0% | 5.9% | 6.1% |
Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the year to Mar 2014: the statement does not state its finance costs, 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 |
|---|---|---|---|---|---|---|---|
| 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. | −25.0% | 40.1% | 69.4% | −7.8% | 48.1% | 81.3% | −43.5% |
| 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. | – | – | – | – | – | – | −41.6% |
| Interest coverInterest cover. Operating profit after depreciation divided by finance costs: how many times over the profit pays the interest bill. | – | – | 0.8 | – | 1.0 | – | – |
Interest cover is left blank for the years to Mar 2008, Mar 2009, Mar 2010, Mar 2012 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 2015.
| 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. | 18.8% | 14.9% |
| 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. | 2.9% | 5.9% |
| 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. | −2.4% | 4.0% |
Accounting checks
Standalone, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.
| Check | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 |
|---|---|---|---|---|---|
| Effective tax rateEffective tax rate. Tax charged as a percentage of profit before tax.Published threshold 17.16 per cent | 40.97 | – | – | – | – |
A threshold marked as ours has no published figure; it is the line we read the check against.