HSBC InvestDirect(India) (Delisted) financials and balance sheet
BSE: 532653
Last traded ₹394.00 on 7 Jul 2010
Delisted on 15 Jul 2010.
3 years at a glance
Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to March.HSBC InvestDirect(India) annual reports
Revenue, net profit and borrowings, ₹ crore
- Revenue
- Net profit
- Borrowings
- Loss
A loss in 2 of the 3 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 years either side of a change of basis do not compare. From the year to Mar 2009, the company's revenue for that year, ₹24 Cr, differs from its quarters added, ₹20 Cr.
Results for the year to Mar 2010
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
From revenue to net profit
- Revenue14
- Other income+0.1
- One-off items+1.7
- Finance costs0.0
- Profit before tax4.8
- Tax−6.3
- Net profit−1.5
Profit and loss
Standalone, ₹ crore, years to March.HSBC InvestDirect(India) quarterly results
| ₹ crore | Mar 2008 | Mar 2009 | Mar 2010 |
|---|---|---|---|
| Revenue from operations | 23.3 | 24.3 | 14.4 |
| Operating expensesOperating expenses. What the business spent to run itself in the period, materials, staff and other costs, before depreciation, interest and tax. | 12.1 | – | – |
| Operating profit before depreciationOperating profit before depreciation (EBITDA). Revenue less operating expenses: what the business earns from its operations before depreciation, interest and tax. | 11.3 | – | – |
| Operating marginOperating margin. Operating profit before depreciation as a percentage of revenue: how much of each rupee of sales is left after running costs. | 48.2% | – | – |
| 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. | 0.1 | – | – |
| Operating profit after depreciationOperating profit after depreciation (EBIT). Operating profit before depreciation, less depreciation and amortisation. | 11.2 | – | – |
| Other incomeOther income. Income from outside the main business, such as interest on deposits, dividends received and gains on investments. | 17.6 | 0.9 | 0.1 |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. | 3.4 | 0.0 | 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. | – | 9.7 | 3.1 |
| 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. | – | −20.7 | 1.7 |
| Profit before tax | 25.4 | −11.0 | 4.8 |
| Tax | 9.8 | 4.2 | 6.3 |
| Net profit | 15.6 | −15.2 | −1.5 |
| 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. | 66.7% | −62.6% | −10.4% |
Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the years to Mar 2009 and Mar 2010: the statement does not state its depreciation, which operating profit is worked out from, so operating profit is not given.
Ratios
Standalone, years to March.
| Ratio | Mar 2008 | Mar 2009 | Mar 2010 |
|---|---|---|---|
| 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. | – | – | −40.7% |
| Interest coverInterest cover. Operating profit after depreciation divided by finance costs: how many times over the profit pays the interest bill. | 3.3 | – | – |
Revenue growth is left blank for the year to Mar 2009: between the two periods the company restated its earlier figures, so the two are on different bases and the change is not worked out.
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 2010.
| Measure | 3 years |
|---|---|
| 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. | −2.1% |
Accounting checks
Standalone, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.
| Check | Mar 2010 |
|---|---|
| Effective tax rateEffective tax rate. Tax charged as a percentage of profit before tax.Published threshold 17.16 per cent | 131.16 |
A threshold marked as ours has no published figure; it is the line we read the check against.