Hindoostan Spg. & Wvg. Mills (Delisted) financials and balance sheet
BSE: 502880
Last traded ₹36.55 on 15 Jun 2011
Delisted on 3 Aug 2011.
4 years at a glance
Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to September, then March.Hindoostan Spg. & Wvg. Mills annual reports
Revenue, net profit and borrowings, ₹ crore
- Revenue
- Net profit
- Borrowings
- Loss
Peak revenue ₹90 Cr, year to Mar 2011A loss in 2 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 company moved its year end from September to March: its last year to September on record ended in Sep 2009, its first year to March in Mar 2011.
Results for the year to Mar 2011
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
From revenue to net profit
- Revenue90
- Depreciation−1.3
- Other income+1.5
- Profit before tax7.2
- Tax−1.2
- Net profit6.1
Profit and loss
Standalone, ₹ crore, years to September, then March.Hindoostan Spg. & Wvg. Mills quarterly results
| ₹ crore | Sep 2007 | Sep 2008 | Sep 2009 | Mar 2011 |
|---|---|---|---|---|
| Revenue from operations | 53.7 | 61.1 | 54.3 | 90.5 |
| Operating expenses. What the business spent to run itself in the period, materials, staff and other costs, before depreciation, interest and tax. | 58.7 | 65.9 | 55.6 | – |
| 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. | 33.0 | 47.3 | 39.1 | 61.1 |
| Operating profit before depreciationOperating profit before depreciation (EBITDA). Revenue less operating expenses: what the business earns from its operations before depreciation, interest and tax. | −5.1 | −4.9 | −1.3 | – |
| Operating marginOperating margin. Operating profit before depreciation as a percentage of revenue: how much of each rupee of sales is left after running costs. | −9.4% | −7.9% | −2.4% | – |
| 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. | 1.8 | 1.0 | 0.7 | 1.3 |
| Operating profit after depreciationOperating profit after depreciation (EBIT). Operating profit before depreciation, less depreciation and amortisation. | −6.9 | −5.9 | −2.0 | – |
| Other incomeOther income. Income from outside the main business, such as interest on deposits, dividends received and gains on investments. | 4.5 | 5.4 | 3.2 | 1.5 |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. | 0.2 | 0.1 | 0.1 | – |
| 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. | – | – | 1.2 | 7.2 |
| 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. | – | −0.2 | 1.1 | – |
| Profit before tax | −2.6 | −0.9 | 2.3 | 7.2 |
| Tax | 0.1 | 0.0 | 0.0 | 1.2 |
| Net profit | −2.6 | −0.8 | 2.2 | 6.1 |
| 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. | −4.9% | −1.3% | 4.1% | 6.7% |
Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the year to Mar 2011: the statement does not state its finance costs, which operating profit is worked out from, so operating profit is not given.
Ratios
Standalone, years to September, then March.
| Ratio | Sep 2008 | Sep 2009 | 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. | 13.8% | −11.0% | – |
Interest cover is left blank for the years to Sep 2007, Sep 2008 and Sep 2009: operating profit after depreciation is a loss, and a loss covers no interest bill.
Accounting checks
Standalone, years to September, then March. Published tests of whether reported profit is backed by cash and the balance sheet.
| Check | Sep 2009 | Mar 2011 |
|---|---|---|
| Effective tax rateEffective tax rate. Tax charged as a percentage of profit before tax.Published threshold 17.16 per cent | 0.89 | 16.32 |
A threshold marked as ours has no published figure; it is the line we read the check against.