Gujarat Gas Co. (Delisted) financials and balance sheet
BSE: 523477
Last traded ₹743.10 on 26 May 2015
Delisted on 30 Mar 2016.
8 years at a glance
Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to December, then March.Gujarat Gas Co. annual reports
Revenue, net profit and borrowings, ₹ crore
- Revenue
- Net profit
- Borrowings
Peak revenue ₹3,092 Cr, year to Dec 2012
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 December to March: its last year to December on record ended in Dec 2012, 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
- Revenue2,512
- Other income+78
- Finance costs−0.2
- Profit before tax451
- Tax−139
- Net profit312
Profit and loss
Standalone, ₹ crore, years to December, then March. No results on record for the year to Mar 2014.Gujarat Gas Co. quarterly results
| ₹ crore | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Mar 2014 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 1,194 | 1,296 | 1,418 | 1,846 | 2,416 | 3,092 | – | 2,512 |
| Operating expenses. What the business spent to run itself in the period, materials, staff and other costs, before depreciation, interest and tax. | 942 | 1,064 | 1,139 | 1,433 | 2,021 | 2,687 | – | – |
| 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. | 830 | 934 | 1,003 | 1,287 | 1,840 | 2,484 | – | 1,876 |
| Employee costsEmployee costs. Salaries, wages, bonuses and other benefits paid to staff in the period. | 31 | 41 | 45 | 50 | 60 | 64 | – | – |
| Other expensesOther expenses. Every operating cost besides materials and staff: power, rent, freight, repairs, marketing and the like. | 81 | 89 | 91 | 97 | 121 | 140 | – | – |
| Operating profit before depreciationOperating profit before depreciation (EBITDA). Revenue less operating expenses: what the business earns from its operations before depreciation, interest and tax. | 253 | 232 | 278 | 413 | 395 | 405 | – | – |
| Operating marginOperating margin. Operating profit before depreciation as a percentage of revenue: how much of each rupee of sales is left after running costs. | 21.2% | 17.9% | 19.6% | 22.4% | 16.4% | 13.1% | – | – |
| Materials, % of revenueMaterials, % of revenue. Raw materials used and goods bought for resale, adjusted for the change in stock, divided by revenue, times 100. | 69.5% | 72.0% | 70.8% | 69.7% | 76.1% | 80.3% | – | – |
| Employee costs, % of revenueEmployee costs, % of revenue. Salaries, wages and other staff costs divided by revenue, times 100. | 2.6% | 3.2% | 3.2% | 2.7% | 2.5% | 2.1% | – | – |
| 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. | 6.8% | 6.9% | 6.4% | 5.2% | 5.0% | 4.5% | – | – |
| 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. | 37 | 40 | 46 | 53 | 59 | 65 | – | – |
| Operating profit after depreciationOperating profit after depreciation (EBIT). Operating profit before depreciation, less depreciation and amortisation. | 216 | 192 | 232 | 360 | 336 | 340 | – | – |
| Other incomeOther income. Income from outside the main business, such as interest on deposits, dividends received and gains on investments. | 20 | 39 | 25 | 22 | 54 | 65 | – | 78 |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. | 0 | 0 | 0 | 0 | 0 | 0 | – | 0 |
| Profit before tax | 236 | 231 | 257 | 381 | 390 | 405 | – | 451 |
| 77 | 72 | 82 | 122 | 116 | 118 | – | 139 | |
| Net profit | 159 | 159 | 175 | 259 | 274 | 287 | – | 312 |
| 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. | 13.3% | 12.2% | 12.4% | 14.0% | 11.3% | 9.3% | – | 12.4% |
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 depreciation, which operating profit is worked out from, so operating profit is not given.
Ratios
Standalone, years to December, then March.
| Ratio | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | 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. | – | 8.5% | 9.3% | 30.2% | 30.9% | 28.0% | – | – |
| 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. | – | −8.2% | 20.0% | 48.5% | −4.4% | 2.5% | – | – |
| 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. | – | −0.2% | 10.3% | 47.7% | 5.9% | 4.7% | – | – |
| Interest coverInterest cover. Operating profit after depreciation divided by finance costs: how many times over the profit pays the interest bill. | 1,165.7 | 1,725.9 | 1,708.1 | 780.0 | 2,254.9 | 2,150.1 | – | – |
Accounting checks
Standalone, years to December, then March. Published tests of whether reported profit is backed by cash and the balance sheet.
| Check | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Mar 2014 | Mar 2015 |
|---|---|---|---|---|---|---|---|
| Effective tax rateEffective tax rate. Tax charged as a percentage of profit before tax.Published threshold 17.16 per cent | 31.15 | 31.95 | 32.11 | 29.81 | 29.19 | – | 30.75 |
A threshold marked as ours has no published figure; it is the line we read the check against.