Chemplast Sanmar (Delisted) financials and balance sheet
BSE: 506355Chemicals & Petrochemicals
Formerly CHEMICALS AND PLASTICS (I)
Last traded ₹14.85 on 15 Jun 2012
Delisted on 25 Jun 2012. The company's shares trade as Chemplast Sanmar (CHEMPLASTS).
4 years at a glance
Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to March.Chemplast Sanmar annual reports
Revenue, net profit and borrowings, ₹ crore
- Revenue
- Net profit
- Borrowings
- Loss
A loss in 3 of the 4 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 2009, the company's revenue for that year, ₹739 Cr, differs from its quarters added, ₹715 Cr.
Results for the year to Mar 2011
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
From revenue to net profit
- Revenue1,927
- Materials and goods−1,526
- Employee costs−74
- Other expenses−145
- Operating profit182
- Depreciation−93
- One-off items+11
- Finance costs−156
- Profit before tax−56
- Tax+16
- Net profit−42
Profit and loss
Standalone, ₹ crore, years to March.Chemplast Sanmar quarterly results
| ₹ crore | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 |
|---|---|---|---|---|
| Revenue from operations | 640 | 739 | 985 | 1,927 |
| Operating expenses. What the business spent to run itself in the period, materials, staff and other costs, before depreciation, interest and tax. | 621 | 709 | 918 | 1,745 |
| 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. | 483 | 562 | 740 | 1,526 |
| Employee costsEmployee costs. Salaries, wages, bonuses and other benefits paid to staff in the period. | 56 | 58 | 67 | 74 |
| Other expensesOther expenses. Every operating cost besides materials and staff: power, rent, freight, repairs, marketing and the like. | 82 | 88 | 112 | 145 |
| Operating profit before depreciationOperating profit before depreciation (EBITDA). Revenue less operating expenses: what the business earns from its operations before depreciation, interest and tax. | 19 | 30 | 67 | 182 |
| Operating marginOperating margin. Operating profit before depreciation as a percentage of revenue: how much of each rupee of sales is left after running costs. | 3.0% | 4.1% | 6.8% | 9.5% |
| Materials, % of revenueMaterials, % of revenue. Raw materials used and goods bought for resale, adjusted for the change in stock, divided by revenue, times 100. | 75.5% | 76.0% | 75.1% | 79.2% |
| Employee costs, % of revenueEmployee costs, % of revenue. Salaries, wages and other staff costs divided by revenue, times 100. | 8.7% | 7.9% | 6.8% | 3.8% |
| 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. | 12.8% | 11.9% | 11.3% | 7.5% |
| 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. | 45 | 54 | 76 | 93 |
| Operating profit after depreciationOperating profit after depreciation (EBIT). Operating profit before depreciation, less depreciation and amortisation. | −26 | −24 | −10 | 90 |
| Other incomeOther income. Income from outside the main business, such as interest on deposits, dividends received and gains on investments. | 78 | – | – | – |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. | 44 | 75 | 125 | 156 |
| 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. | – | −99 | −134 | −67 |
| 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. | – | – | −52 | 11 |
| Profit before tax | 8 | −99 | −186 | −56 |
| Tax | 1 | −32 | −58 | −16 |
| Net profit | 7 | −67 | −128 | −42 |
| 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. | 1.1% | −9.0% | −13.0% | −2.2% |
Ratios
Standalone, years to March.
| Ratio | Mar 2010 | Mar 2011 |
|---|---|---|
| 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. | 33.3% | 95.7% |
| 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. | 119.6% | 173.4% |
| Interest coverInterest cover. Operating profit after depreciation divided by finance costs: how many times over the profit pays the interest bill. | – | 0.6 |
Interest cover is left blank for the years to Mar 2008, Mar 2009 and Mar 2010: operating profit after depreciation is a loss, and a loss covers no interest bill. Revenue growth and operating profit growth are left blank for the year to Mar 2009: 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 2011.
| 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. | – | 44.4% |
| 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. | 5.8% | 6.8% |
| 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. | −5.8% | −8.1% |
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 |
|---|---|---|---|---|
| Effective tax rateEffective tax rate. Tax charged as a percentage of profit before tax.Published threshold 17.16 per cent | 10.25 | – | – | – |
A threshold marked as ours has no published figure; it is the line we read the check against.