Broadcast Initiatives (Delisted) financials and balance sheet
BSE: 532816
Last traded ₹2.07 on 2 May 2017
Delisted on 11 May 2018.
8 years at a glance
Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to March.Broadcast Initiatives annual reports
Revenue, net profit and borrowings, ₹ crore
- Revenue
- Net profit
- Borrowings
- Loss
A loss in 7 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.
The years either side of a change of basis do not compare. From the year to Mar 2011, the company's revenue for that year, ₹9.61 Cr, differs from its quarters added, ₹12 Cr.
Results for the year to Mar 2015
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
From revenue to net profit
- Revenue11
- Operating expenses−58
- Operating profit−47
- Depreciation−8.0
- Other income+0.8
- One-off items−0.1
- Finance costs−0.1
- Profit before tax−54
- Tax+0.9
- Net profit−54
Profit and loss
Standalone, ₹ crore, years to March.Broadcast Initiatives quarterly results
| ₹ crore | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 13.7 | 9.5 | 7.4 | 9.6 | 13.0 | 6.4 | 19.7 | 11.4 |
| Operating expensesOperating expenses. What the business spent to run itself in the period, materials, staff and other costs, before depreciation, interest and tax. | 36.9 | 40.0 | 34.2 | 55.1 | 55.5 | 23.4 | 33.0 | 58.3 |
| Operating profit before depreciationOperating profit before depreciation (EBITDA). Revenue less operating expenses: what the business earns from its operations before depreciation, interest and tax. | −23.2 | −30.5 | −26.8 | −45.5 | −42.5 | −17.1 | −13.3 | −46.8 |
| Operating marginOperating margin. Operating profit before depreciation as a percentage of revenue: how much of each rupee of sales is left after running costs. | −169.0% | −322.3% | −363.2% | −473.4% | −326.5% | −269.2% | −67.7% | −410.1% |
| 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. | 4.5 | 7.3 | 7.7 | 7.6 | 7.5 | 7.4 | 7.6 | 8.0 |
| Operating profit after depreciationOperating profit after depreciation (EBIT). Operating profit before depreciation, less depreciation and amortisation. | −27.7 | −37.8 | −34.5 | −53.1 | −50.0 | −24.5 | −20.9 | −54.9 |
| Other incomeOther income. Income from outside the main business, such as interest on deposits, dividends received and gains on investments. | 1.1 | 0.3 | 3.2 | 4.7 | 0.1 | 0.2 | 0.6 | 0.8 |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. | 0.9 | 0.6 | 4.2 | 4.4 | 5.2 | 5.8 | 0.7 | 0.1 |
| 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. | – | −38.1 | −35.5 | −52.8 | −55.1 | −30.2 | −21.0 | −54.2 |
| 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. | – | – | −2.2 | – | 70.0 | – | – | −0.1 |
| Profit before tax | −27.4 | −38.1 | −37.7 | −52.8 | 15.0 | −30.2 | −21.0 | −54.4 |
| Tax | 1.3 | 1.3 | 0.5 | 0.1 | −0.8 | −0.6 | −1.0 | −0.9 |
| Net profit | −28.7 | −39.3 | −38.3 | −52.9 | 15.8 | −29.5 | −20.0 | −53.5 |
| 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. | −209.6% | −415.2% | −518.5% | −550.2% | 121.4% | −465.2% | −101.6% | −468.6% |
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. | −30.9% | −22.1% | – | 35.4% | −51.2% | 209.8% | −42.0% |
Interest cover is left blank for the years to Mar 2008, Mar 2009, Mar 2010, Mar 2011, Mar 2012, Mar 2013, Mar 2014 and Mar 2015: operating profit after depreciation is a loss, and a loss covers no interest bill. Revenue growth is left blank for the year to Mar 2011: between the two periods the company restated its earlier figures, so the two are on different bases and the change is not worked out.
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. | 9.1% | −4.3% |
| 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. | −309.4% | −249.0% |
| 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. | −292.9% | −345.2% |
Accounting checks
Standalone, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.
| Check | 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 | −5.55 | – | – | – |
A threshold marked as ours has no published figure; it is the line we read the check against.