Kalptaru Papers (Delisted) financials and balance sheet
BSE: 590036
Last traded ₹3.50 on 7 Jan 2015
Delisted on 30 Nov 2016.
7 years at a glance
Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to March.Kalptaru Papers annual reports
Revenue, net profit and borrowings, ₹ crore
- Revenue
- Net profit
- Borrowings
- Loss
Peak revenue ₹100 Cr, year to Mar 2012A loss in 4 of the 7 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.
Results for the year to Mar 2014
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
From revenue to net profit
- Revenue36
- Materials and goods−28
- Employee costs−1.8
- Other expenses−11
- Operating profit−4.4
- Depreciation−2.6
- Other income+0.1
- One-off items−0.2
- Finance costs−4.7
- Profit before tax−12
- Tax+3.0
- Net profit−8.9
Profit and loss
Standalone, ₹ crore, years to March.Kalptaru Papers quarterly results
| ₹ crore | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 |
|---|---|---|---|---|---|---|---|
| Revenue from operations | 37.6 | 52.2 | 55.1 | 59.8 | 99.6 | 75.9 | 36.2 |
| Operating expenses. What the business spent to run itself in the period, materials, staff and other costs, before depreciation, interest and tax. | 32.2 | 50.9 | 49.8 | 52.4 | 93.8 | 70.9 | 40.6 |
| 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. | 21.4 | 28.4 | 33.6 | 34.7 | 74.3 | 52.4 | 27.8 |
| Employee costsEmployee costs. Salaries, wages, bonuses and other benefits paid to staff in the period. | – | 3.2 | 2.0 | 2.3 | 2.3 | 2.2 | 1.8 |
| Other expensesOther expenses. Every operating cost besides materials and staff: power, rent, freight, repairs, marketing and the like. | – | 19.3 | 14.3 | 15.3 | 17.2 | 16.2 | 11.0 |
| Operating profit before depreciationOperating profit before depreciation (EBITDA). Revenue less operating expenses: what the business earns from its operations before depreciation, interest and tax. | 5.4 | 1.4 | 5.3 | 7.5 | 5.7 | 5.0 | −4.4 |
| Operating marginOperating margin. Operating profit before depreciation as a percentage of revenue: how much of each rupee of sales is left after running costs. | 14.4% | 2.6% | 9.6% | 12.5% | 5.8% | 6.6% | −12.1% |
| Materials, % of revenueMaterials, % of revenue. Raw materials used and goods bought for resale, adjusted for the change in stock, divided by revenue, times 100. | – | 54.4% | 60.9% | 58.1% | 74.7% | 69.0% | 76.8% |
| Employee costs, % of revenueEmployee costs, % of revenue. Salaries, wages and other staff costs divided by revenue, times 100. | – | 6.1% | 3.6% | 3.8% | 2.3% | 3.0% | 5.1% |
| 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. | – | 36.9% | 25.9% | 25.7% | 17.3% | 21.4% | 30.3% |
| 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. | 1.5 | 1.8 | 1.9 | 2.5 | 2.6 | 2.6 | 2.6 |
| Operating profit after depreciationOperating profit after depreciation (EBIT). Operating profit before depreciation, less depreciation and amortisation. | 3.9 | −0.5 | 3.3 | 5.0 | 3.2 | 2.5 | −7.0 |
| Other incomeOther income. Income from outside the main business, such as interest on deposits, dividends received and gains on investments. | 0.4 | 0.7 | 0.4 | 0.2 | 0.4 | 0.1 | 0.1 |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. | 1.2 | 4.0 | 2.7 | 3.5 | 3.9 | 4.0 | 4.7 |
| 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. | – | −3.8 | 1.0 | 1.6 | −0.3 | −1.5 | −11.6 |
| 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. | 0.0 | – | – | – | – | – | −0.2 |
| Profit before tax | 3.1 | −3.8 | 1.0 | 1.6 | −0.3 | −1.5 | −11.8 |
| 1.4 | −1.5 | 0.3 | 0.6 | −0.1 | −0.4 | −3.0 | |
| Net profit | 1.7 | −2.5 | 0.6 | 0.9 | −0.2 | −1.1 | −8.9 |
| 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. | 4.6% | −4.7% | 1.2% | 1.6% | −0.2% | −1.4% | −24.5% |
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the year to Mar 2008 they do not, so they are left blank.
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. | – | 39.0% | 5.5% | 8.5% | 66.5% | −23.8% | −52.3% |
| 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. | – | −74.5% | 281.4% | 41.4% | −23.0% | −12.4% | – |
| 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. | – | – | – | 47.4% | – | – | – |
| 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. | – | – | – | 47.6% | – | – | – |
| Interest coverInterest cover. Operating profit after depreciation divided by finance costs: how many times over the profit pays the interest bill. | 3.2 | – | 1.2 | 1.4 | 0.8 | 0.6 | – |
Interest cover is left blank for the years to Mar 2009 and Mar 2014: operating profit after depreciation is a loss, and a loss covers no interest bill.
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. | −7.1% | −15.4% |
| 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. | 4.5% | 0.1% |
| 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. | −4.7% | −8.7% |
| 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. | 1.0 | 0.7 |
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 | 44.05 | – | 29.58 | 39.60 | – | – | – |
A threshold marked as ours has no published figure; it is the line we read the check against.