IKF Finance (Delisted) financials and balance sheet
BSE: 530719
Last traded ₹23.95 on 9 Feb 2015
Delisted on 18 Feb 2015.
7 years at a glance
Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to March.IKF Finance annual reports
Revenue, net profit and borrowings, ₹ crore
- Revenue
- Net profit
- Borrowings
Peak revenue ₹60 Cr, year to Mar 2014
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 2014
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
From revenue to net profit
- Revenue60
- Operating expenses−11
- Operating profit49
- Depreciation−0.3
- Other income+1.1
- Finance costs−32
- Profit before tax18
- Tax−6.3
- Net profit12
Profit and loss
Standalone, ₹ crore, years to March.IKF Finance quarterly results
| ₹ crore | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 |
|---|---|---|---|---|---|---|---|
| Revenue from operations | 7.5 | 8.5 | 9.2 | 14.8 | 26.4 | 42.1 | 59.6 |
| Operating expensesOperating expenses. What the business spent to run itself in the period, materials, staff and other costs, before depreciation, interest and tax. | 1.1 | 1.2 | 1.5 | 2.4 | 3.9 | 7.3 | 10.6 |
| Operating profit before depreciationOperating profit before depreciation (EBITDA). Revenue less operating expenses: what the business earns from its operations before depreciation, interest and tax. | 6.3 | 7.3 | 7.7 | 12.4 | 22.4 | 34.7 | 49.1 |
| Operating marginOperating margin. Operating profit before depreciation as a percentage of revenue: how much of each rupee of sales is left after running costs. | 84.7% | 85.5% | 83.5% | 83.5% | 85.1% | 82.5% | 82.3% |
| 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. | 1.1 | 0.8 | 1.0 | 0.8 | 0.5 | 0.3 | 0.3 |
| Operating profit after depreciationOperating profit after depreciation (EBIT). Operating profit before depreciation, less depreciation and amortisation. | 5.2 | 6.5 | 6.7 | 11.5 | 22.0 | 34.4 | 48.7 |
| Other incomeOther income. Income from outside the main business, such as interest on deposits, dividends received and gains on investments. | – | – | – | – | 0.4 | 0.7 | 1.1 |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. | 1.9 | 2.9 | 2.5 | 6.3 | 15.7 | 24.2 | 32.0 |
| Profit before tax | 3.3 | 3.6 | 4.2 | 5.2 | 6.6 | 11.0 | 17.9 |
| 1.0 | 1.2 | 1.4 | 1.9 | 2.7 | 3.9 | 6.3 | |
| Current taxCurrent tax. Income tax payable on the period's own taxable profit. | 1.1 | 1.3 | – | 2.1 | – | – | – |
| Deferred taxDeferred tax. Tax charged or credited now that will be paid or saved in later years, because the tax rules count some income and costs in a different year from the accounts. | −0.1 | −0.2 | – | −0.2 | – | – | – |
| Net profit | 2.3 | 2.5 | 2.8 | 3.3 | 3.9 | 7.1 | 11.6 |
| 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. | 30.7% | 28.9% | 30.2% | 22.5% | 14.8% | 16.8% | 19.5% |
Ratios
Standalone, years to March.
| Ratio | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 |
|---|---|---|---|---|---|---|---|
| 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. | – | 14.5% | 8.2% | 60.0% | 78.2% | 59.5% | 41.7% |
| 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. | – | 15.6% | 5.7% | 60.1% | 81.6% | 54.7% | 41.3% |
| 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. | – | 7.8% | 13.0% | 19.1% | 17.1% | 81.4% | 64.7% |
| Earnings per share growthEarnings per share growth. This year's earnings per share less last year's, on the same share count, divided by last year's, times 100; blank where last year's is not above nought. | – | – | – | – | – | – | 23.8% |
| Interest coverInterest cover. Operating profit after depreciation divided by finance costs: how many times over the profit pays the interest bill. | 2.8 | 2.3 | 2.7 | 1.8 | 1.4 | 1.4 | 1.5 |
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 2014.
| 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. | 47.5% | 59.1% |
| Profit growth, yearly rateProfit growth, yearly rate. 3 years: Profit to the company's own shareholders in the latest year ÷ profit to the company's own shareholders 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: Profit to the company's own shareholders in the latest year ÷ profit to the company's own shareholders 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: Profit to the company's own shareholders in the latest year ÷ profit to the company's own shareholders 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. | 36.3% | 51.8% |
| 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. | 83.4% | 83.3% |
| 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. | 20.7% | 17.0% |
| Interest cover, averageInterest cover, average. 3 years: The plain average of the yearly interest cover 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 interest cover 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 interest cover over the last ten years, needing at least nine of them; a year without the figure is left out, never filled in. | 1.8 | 1.4 |
Accounting checks
Standalone, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.
| Check | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 |
|---|---|---|---|---|---|---|---|
| Effective tax rateEffective tax rate. Tax charged as a percentage of profit before tax.Published threshold 17.16 per cent | 31.04 | 31.95 | 33.34 | 36.04 | 41.33 | 35.53 | 35.01 |
A threshold marked as ours has no published figure; it is the line we read the check against.