Empee Sugars & Chemicals financials and balance sheet
BSE: 500132Agricultural Food & other Products
Trading suspended since 4 Feb 2020
Last traded ₹0.58 on 3 Feb 2020
10 years at a glance
Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to March.Empee Sugars & Chemicals annual reports
Revenue, net profit and borrowings, ₹ crore
- Revenue
- Net profit
- Borrowings
- Loss
Peak revenue ₹280 Cr, year to Mar 2014A loss in 4 of the 5 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 2018
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
From revenue to net profit
- Revenue15
- Materials and goods−16
- Employee costs−4.8
- Other expenses−9.9
- Operating profit−15
- Depreciation−7.0
- Other income+0.6
- One-off items+2.7
- Finance costs0.0
- Profit before tax−19
- Net profit−19
Profit and loss
Standalone, ₹ crore, years to March. A column marked with its months is a changeover year, when the company moved its year end: it is not a twelve-month year. No results on record for the years to Mar 2011, Mar 2012, Mar 2013 and Mar 2016.Empee Sugars & Chemicals quarterly results
| ₹ crore | Mar 20099 months | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 46 | 46 | – | – | – | 280 | 125 | – | 83 | 15 |
| Operating expenses. What the business spent to run itself in the period, materials, staff and other costs, before depreciation, interest and tax. | 38 | 37 | – | – | – | 269 | 276 | – | 95 | 30 |
| 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. | 28 | 28 | – | – | – | 234 | 204 | – | 79 | 16 |
| Employee costsEmployee costs. Salaries, wages, bonuses and other benefits paid to staff in the period. | 4 | 4 | – | – | – | 9 | – | – | 5 | 5 |
| Other expensesOther expenses. Every operating cost besides materials and staff: power, rent, freight, repairs, marketing and the like. | 5 | 5 | – | – | – | 26 | – | – | 10 | 10 |
| Operating profit before depreciationOperating profit before depreciation (EBITDA). Revenue less operating expenses: what the business earns from its operations before depreciation, interest and tax. | 9 | 9 | – | – | – | 11 | −151 | – | −12 | −15 |
| Operating marginOperating margin. Operating profit before depreciation as a percentage of revenue: how much of each rupee of sales is left after running costs. | 18.5% | 19.7% | – | – | – | 3.8% | −120.4% | – | −14.6% | −99.2% |
| Materials, % of revenueMaterials, % of revenue. Raw materials used and goods bought for resale, adjusted for the change in stock, divided by revenue, times 100. | 61.2% | 60.8% | – | – | – | 83.7% | – | – | 95.7% | 102.5% |
| Employee costs, % of revenueEmployee costs, % of revenue. Salaries, wages and other staff costs divided by revenue, times 100. | 9.2% | 8.8% | – | – | – | 3.3% | – | – | 6.6% | 31.6% |
| 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. | 11.1% | 10.8% | – | – | – | 9.1% | – | – | 12.3% | 65.1% |
| 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. | 3 | 4 | – | – | – | 21 | 25 | – | 25 | 7 |
| Operating profit after depreciationOperating profit after depreciation (EBIT). Operating profit before depreciation, less depreciation and amortisation. | 5 | 6 | – | – | – | −10 | −176 | – | −37 | −22 |
| Other incomeOther income. Income from outside the main business, such as interest on deposits, dividends received and gains on investments. | 1 | – | – | – | – | 1 | 7 | – | 0 | 1 |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. | 4 | 5 | – | – | – | 64 | 71 | – | 0 | 0 |
| 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. | 2 | 1 | – | – | – | −72 | −240 | – | −37 | −22 |
| 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. | – | – | – | – | – | 5 | – | – | – | 3 |
| Profit before tax | 2 | 1 | – | – | – | −68 | −240 | – | −37 | −19 |
| Tax | 1 | 0 | – | – | – | −13 | 50 | – | – | – |
| Net profit | 1 | 1 | – | – | – | −55 | −290 | – | −37 | −19 |
| 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. | 2.1% | 2.0% | – | – | – | −19.5% | −231.2% | – | −44.4% | −123.9% |
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the year to Mar 2015 they do not, so they are left blank.
Ratios
Standalone, years to March. A column marked with its months is a changeover year, when the company moved its year end: it is not a twelve-month year. A ratio that sets its sales or profit against the balance sheet is left blank for it.
| Ratio | Mar 20099 months | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 |
|---|---|---|---|---|---|---|---|---|---|---|
| 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. | – | – | – | – | – | – | −55.2% | – | – | −81.6% |
| Interest coverInterest cover. Operating profit after depreciation divided by finance costs: how many times over the profit pays the interest bill. | 1.3 | 1.1 | – | – | – | – | – | – | – | – |
Interest cover is left blank for the years to Mar 2014, Mar 2015, Mar 2017 and Mar 2018: 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 2018.
| 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. | – | −50.5% |
| 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. | −57.6% | −56.9% |
| 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. | −104.8% | −84.1% |
Accounting checks
Standalone, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.
| Check | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Effective tax rateEffective tax rate. Tax charged as a percentage of profit before tax.Published threshold 17.16 per cent | −58.29 | – | – | – | – | – | – | – | – |
A threshold marked as ours has no published figure; it is the line we read the check against.