Falcon Tyres (Delisted) financials and balance sheet
BSE: 509527
Last traded ₹6.70 on 13 Jun 2016
Delisted on 11 May 2018.
7 years at a glance
Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to March, then September.Falcon Tyres annual reports
Revenue, net profit and borrowings, ₹ crore
- Revenue
- Net profit
- Borrowings
- Loss
Peak revenue ₹901 Cr, year to Sep 2011A loss in 1 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.
The company moved its year end from March to September: its last year to March on record ended in Mar 2009, its first year to September in Sep 2010. The company moved its year end from September to March: its last year to September on record ended in Sep 2011, its first year to March in Mar 2015.
Results for the year to Mar 2015
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
From revenue to net profit
- Depreciation−29
- Other income+6.4
- Finance costs−5.8
- Profit before tax−108
- Net profit−7.5
Profit and loss
Standalone, ₹ crore, years to March, then September. No results on record for the years to Mar 2013 and Mar 2014.Falcon Tyres quarterly results
| ₹ crore | Mar 2008 | Mar 2009 | Sep 2010 | Sep 2011 | Mar 2013 | Mar 2014 | Mar 2015 |
|---|---|---|---|---|---|---|---|
| Revenue from operations | 446 | 513 | 788 | 901 | – | – | – |
| Operating expenses. What the business spent to run itself in the period, materials, staff and other costs, before depreciation, interest and tax. | 429 | 487 | 704 | 833 | – | – | – |
| 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. | 223 | 383 | 544 | 653 | – | – | 62 |
| Operating profit before depreciationOperating profit before depreciation (EBITDA). Revenue less operating expenses: what the business earns from its operations before depreciation, interest and tax. | 17 | 26 | 84 | 67 | – | – | – |
| Operating marginOperating margin. Operating profit before depreciation as a percentage of revenue: how much of each rupee of sales is left after running costs. | 3.7% | 5.1% | 10.7% | 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. | 4 | 4 | 8 | 9 | – | – | 29 |
| Operating profit after depreciationOperating profit after depreciation (EBIT). Operating profit before depreciation, less depreciation and amortisation. | 13 | 21 | 77 | 59 | – | – | – |
| Other incomeOther income. Income from outside the main business, such as interest on deposits, dividends received and gains on investments. | 4 | 2 | 6 | 8 | – | – | 6 |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. | 9 | 13 | 17 | 17 | – | – | 6 |
| Profit before tax | 8 | 10 | 66 | 50 | – | – | −108 |
| Tax | 3 | 4 | 14 | 21 | – | – | – |
| Net profit | 6 | 7 | 52 | 29 | – | – | −8 |
| 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. | 1.3% | 1.3% | 6.6% | 3.2% | – | – | – |
Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the year to Mar 2015: the statement does not state its revenue or total expenses, which operating profit is worked out from, so operating profit is not given.
Ratios
Standalone, years to March, then September.
| Ratio | Mar 2008 | Mar 2009 | Sep 2010 | Sep 2011 | 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. | – | 15.0% | – | 14.3% | – | – | – |
| 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. | – | 55.7% | – | −20.3% | – | – | – |
| 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. | – | 17.1% | – | −43.9% | – | – | – |
| Interest coverInterest cover. Operating profit after depreciation divided by finance costs: how many times over the profit pays the interest bill. | 1.4 | 1.6 | 4.6 | 3.5 | – | – | – |
Accounting checks
Standalone, years to March, then September. Published tests of whether reported profit is backed by cash and the balance sheet.
| Check | Mar 2008 | Mar 2009 | Sep 2010 | Sep 2011 | 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 | 43.14 | 36.11 | 21.51 | 41.50 | – | – | – |
A threshold marked as ours has no published figure; it is the line we read the check against.