Dion Global Solutions financials and balance sheet
BSE: 526927IT - Software
Trading suspended since 27 May 2020
Last traded ₹2.25 on 18 May 2020
10 years at a glance
Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to March.Dion Global Solutions annual reports
Revenue, net profit and borrowings, ₹ crore
- Revenue
- Net profit
- Borrowings
- Loss
Peak revenue ₹40 Cr, year to Mar 2014A loss in 7 of the 7 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.
Results for the year to Mar 2021
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
From revenue to net profit
- Revenue8.2
- Operating expenses−9.2
- Operating profit−1.0
- Depreciation−0.5
- Other income+0.5
- Finance costs−13
- Profit before tax−14
- Net profit−14
Profit and loss
Standalone, ₹ crore, years to March. No results on record for the years to Mar 2016, Mar 2019 and Mar 2020.Dion Global Solutions quarterly results
| ₹ crore | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018Filed 15 Aug | Mar 2019 | Mar 2020 | Mar 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 34 | 35 | 40 | 35 | – | 28 | 24 | – | – | 8 |
| Operating expenses. What the business spent to run itself in the period, materials, staff and other costs, before depreciation, interest and tax. | – | 35 | – | 37 | – | 35 | 56 | – | – | 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. | – | – | – | – | – | – | 0 | – | – | – |
| Employee costsEmployee costs. Salaries, wages, bonuses and other benefits paid to staff in the period. | – | – | – | – | – | – | 23 | – | – | – |
| Other expensesOther expenses. Every operating cost besides materials and staff: power, rent, freight, repairs, marketing and the like. | – | – | – | – | – | – | 33 | – | – | – |
| Operating profit before depreciationOperating profit before depreciation (EBITDA). Revenue less operating expenses: what the business earns from its operations before depreciation, interest and tax. | – | 0 | – | −2 | – | −7 | −32 | – | – | −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. | – | 0.9% | – | −6.1% | – | −26.8% | −131.4% | – | – | −12.0% |
| Materials, % of revenueMaterials, % of revenue. Raw materials used and goods bought for resale, adjusted for the change in stock, divided by revenue, times 100. | – | – | – | – | – | – | 0.0% | – | – | – |
| Employee costs, % of revenueEmployee costs, % of revenue. Salaries, wages and other staff costs divided by revenue, times 100. | – | – | – | – | – | – | 93.8% | – | – | – |
| 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. | – | – | – | – | – | – | 137.6% | – | – | – |
| 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. | – | 2 | – | 1 | – | 1 | 1 | – | – | 1 |
| Operating profit after depreciationOperating profit after depreciation (EBIT). Operating profit before depreciation, less depreciation and amortisation. | – | −2 | – | −4 | – | −9 | −33 | – | – | −2 |
| Other incomeOther income. Income from outside the main business, such as interest on deposits, dividends received and gains on investments. | 16 | 17 | 18 | 12 | – | 16 | 22 | – | – | 0 |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. | 25 | 14 | 22 | 20 | – | 29 | 34 | – | – | 13 |
| 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. | −12 | 1 | −1 | −12 | – | −22 | −45 | – | – | −14 |
| 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. | −1 | −3 | – | – | – | 0 | −466 | – | – | – |
| Profit before tax | −12 | −1 | −1 | −12 | – | −22 | −511 | – | – | −14 |
| Tax | – | – | – | – | – | – | 0 | – | – | – |
| Net profit | −12 | −1 | −1 | −12 | – | −22 | −511 | – | – | −14 |
| Other comprehensive incomeOther comprehensive income. Gains and losses booked straight to net worth rather than through profit, such as changes in the value of some investments, pension plans and currency translation. | – | – | – | – | – | – | 0 | – | – | – |
| Total comprehensive incomeTotal comprehensive income. Net profit plus other comprehensive income. | – | – | – | – | – | – | −511 | – | – | – |
| 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. | −36.1% | −3.9% | −3.6% | −35.1% | – | −79.1% | −2,123.7% | – | – | −170.7% |
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the years to Mar 2013, Mar 2015, Mar 2017 and Mar 2021 they do not, so they are left blank. Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the years to Mar 2012 and Mar 2014: the statement does not state its depreciation, which operating profit is worked out from, so operating profit is not given.
Earlier years, Mar 2008 to Mar 2011
| ₹ crore | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 |
|---|---|---|---|---|
| Revenue from operations | 7.4 | 4.3 | 23.2 | 30.4 |
| Operating expenses. What the business spent to run itself in the period, materials, staff and other costs, before depreciation, interest and tax. | 7.4 | 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. | 0.2 | – | – | – |
| Operating profit before depreciationOperating profit before depreciation (EBITDA). Revenue less operating expenses: what the business earns from its operations before depreciation, interest and tax. | 0.0 | −2.6 | – | – |
| Operating marginOperating margin. Operating profit before depreciation as a percentage of revenue: how much of each rupee of sales is left after running costs. | 0.3% | −60.7% | – | – |
| 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. | 0.4 | 0.4 | – | – |
| Operating profit after depreciationOperating profit after depreciation (EBIT). Operating profit before depreciation, less depreciation and amortisation. | −0.4 | −3.0 | – | – |
| Other incomeOther income. Income from outside the main business, such as interest on deposits, dividends received and gains on investments. | 3.4 | 1.7 | 17.5 | 3.9 |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. | 8.2 | 6.2 | 16.0 | 19.6 |
| 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. | – | −7.5 | −8.9 | −21.6 |
| 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. | 0.1 | 0.1 | – | – |
| Profit before tax | −5.2 | −7.4 | −8.9 | −21.6 |
| Tax | 0.0 | 0.7 | 0.1 | – |
| Net profit | −5.2 | −8.1 | −9.0 | −21.6 |
| 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. | −70.3% | −189.0% | −38.9% | −71.0% |
Standalone, ₹ crore, years to March.
Balance sheet
Standalone, ₹ crore, at 31 March.
| ₹ crore | Mar 2018Filed 15 Aug | Mar 2019 | Mar 2020 | Mar 2021 |
|---|---|---|---|---|
| Net worth. What the company owns less everything it owes: the money shareholders have in the business, paid in and kept from profits. | −347 | – | – | – |
| Share capitalShare capital. The face value of all the shares the company has issued. | 32 | – | – | – |
| ReservesReserves. The rest of the shareholders' net worth: profits kept in the business over the years, and money paid for shares above their face value. | −379 | – | – | – |
| Borrowings. Loans, bonds and other money the company has borrowed and must repay with interest. | 345 | – | – | – |
| Liabilities due within a year. Everything the company must pay within twelve months: borrowings falling due, suppliers, and other dues and provisions. | 260 | – | – | – |
| Liabilities due after a year. Everything the company owes that falls due more than twelve months on, borrowings among it. | 131 | – | – | – |
| Total assetsTotal assets. Everything the company owns or controls: plant, investments, stock, money owed by customers and cash. | 43 | – | – | – |
| Assets held for longer than a year. Everything the company owns that it does not expect to turn into cash within twelve months: plant, intangibles, long-term investments, loans given and the like. | 18 | – | – | – |
| Assets turning to cash within a year. Everything the company expects to turn into cash or use up within twelve months: stock, money owed by customers, cash and short-term investments. | 26 | – | – | – |
| Net debtNet debt. Borrowings less cash, other bank balances and current investments: what the company would still owe if it used its cash to repay. | 344 | – | – | – |
Borrowings are counted again inside the liabilities due within a year and after a year. No balance sheet is on record for the years to Mar 2012, Mar 2013, Mar 2014, Mar 2015, Mar 2017 and Mar 2021, so its lines and the ratios worked from it are blank there.
Ratios
Standalone, years to March.
| Ratio | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018Filed 15 Aug | Mar 2019 | Mar 2020 | Mar 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
| 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. | 11.9% | 4.0% | 13.9% | −12.9% | – | – | −12.9% | – | – | – |
| Return on equityReturn on equity. Profit belonging to shareholders as a percentage of their average net worth over the year. | – | – | – | – | – | – | 147.2%what Return on equity, Mar 2018, includes. This year's return on equity, asset turnover and assets per rupee of net worth are on its year-end balance sheet: none a year before is on record to average with. | – | – | – |
| Receivable daysReceivable days. Trade receivables divided by revenue, times 365: the average days customers take to pay. | – | – | – | – | – | – | 217 | – | – | – |
| Working capital daysWorking capital days. Assets turning to cash within a year, less cash, bank deposits and current investments, minus liabilities due within a year, less borrowings, divided by the year's revenue, times 365. | – | – | – | – | – | – | 73 | – | – | – |
| Asset turnoverAsset turnover. Revenue divided by average total assets: rupees of sales for each rupee of assets. | – | – | – | – | – | – | 0.56 | – | – | – |
| Assets per rupee of net worthAssets per rupee of net worth. Average total assets divided by average net worth: how far borrowings and other liabilities stretch the shareholders' money. | – | – | – | – | – | – | −0.12 | – | – | – |
| Sales per rupee of plantSales per rupee of plant. Revenue divided by the net block: rupees of sales for each rupee of plant in use. | – | – | – | – | – | – | 73.51 | – | – | – |
Interest cover is left blank for the years to Mar 2013, Mar 2015, Mar 2017, Mar 2018 and Mar 2021: operating profit after depreciation is a loss, and a loss covers no interest bill. Debt to equity is left blank for the year to Mar 2018: net worth is below zero, so there is no shareholders' money to set the borrowings against. Return on capital employed is left blank for the year to Mar 2018: net worth and borrowings together come to nought or less, so there is no money employed to set the operating profit against. No balance sheet is on record for the years to Mar 2012, Mar 2013, Mar 2014, Mar 2015, Mar 2017 and Mar 2021, so its lines and the ratios worked from it are blank there.
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 2021.
| 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. | −12.3% | – | −30.1% |
Credit ratings
An agency's view of the chance the company repays a borrowing on time, from AAA, the highest, down to D, in default.
| Date | Agency | Borrowing rated | Rating | Outlook | Amount, ₹ Cr |
|---|---|---|---|---|---|
| 4 Aug 2026 | Acuite Ratings & Research Limited (opens in a new tab) | Bank Loan RatingsLong-term scale | ACUITE DIssuer not co-operating | 57.92 | |
| 4 Aug 2026 | Acuite Ratings & Research Limited (opens in a new tab) | Bank Loan RatingsShort-term scale | ACUITE DIssuer not co-operating | 142.08 |
The latest rating on each borrowing. The agency's name opens its reasoning for the rating.