Kemrock Industries & Exports (Delisted) financials and balance sheet
BSE: 526015
Last traded ₹8.73 on 20 Mar 2017
Delisted on 11 May 2018.
5 years at a glance
Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to March, then June.Kemrock Industries & Exports annual reports
Revenue, net profit and borrowings, ₹ crore
- Revenue
- Net profit
- Borrowings
Peak revenue ₹905 Cr, year to Jun 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 March to June: its last year to March on record ended in Mar 2009, its first year to June in Jun 2011.
Results for the year to Jun 2012
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
From revenue to net profit
- Revenue905
- Materials and goods−537
- Employee costs−38
- Other expenses−104
- Operating profit225
- Depreciation−47
- Other income+48
- Finance costs−160
- Profit before tax67
- Tax−23
- Net profit44
Profit and loss
Standalone, ₹ crore, years to March, then June. No results on record for the year to Jun 2010.Kemrock Industries & Exports quarterly results
| ₹ crore | Mar 2008 | Mar 2009 | Jun 2010 | Jun 2011 | Jun 2012 |
|---|---|---|---|---|---|
| Revenue from operations | 220 | 364 | – | 901 | 905 |
| Operating expenses. What the business spent to run itself in the period, materials, staff and other costs, before depreciation, interest and tax. | 152 | 273 | – | 653 | 679 |
| 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. | 95 | 167 | – | 487 | 537 |
| Employee costsEmployee costs. Salaries, wages, bonuses and other benefits paid to staff in the period. | 11 | – | – | 40 | 38 |
| Other expensesOther expenses. Every operating cost besides materials and staff: power, rent, freight, repairs, marketing and the like. | 46 | – | – | 127 | 104 |
| Operating profit before depreciationOperating profit before depreciation (EBITDA). Revenue less operating expenses: what the business earns from its operations before depreciation, interest and tax. | 68 | 92 | – | 248 | 225 |
| Operating marginOperating margin. Operating profit before depreciation as a percentage of revenue: how much of each rupee of sales is left after running costs. | 31.0% | 25.1% | – | 27.5% | 24.9% |
| Materials, % of revenueMaterials, % of revenue. Raw materials used and goods bought for resale, adjusted for the change in stock, divided by revenue, times 100. | 43.3% | – | – | 54.0% | 59.4% |
| Employee costs, % of revenueEmployee costs, % of revenue. Salaries, wages and other staff costs divided by revenue, times 100. | 4.9% | – | – | 4.5% | 4.2% |
| 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. | 20.8% | – | – | 14.0% | 11.5% |
| 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. | 12 | 19 | – | 42 | 47 |
| Operating profit after depreciationOperating profit after depreciation (EBIT). Operating profit before depreciation, less depreciation and amortisation. | 56 | 73 | – | 206 | 179 |
| Other incomeOther income. Income from outside the main business, such as interest on deposits, dividends received and gains on investments. | 3 | 10 | – | 5 | 48 |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. | 29 | 40 | – | 109 | 160 |
| Profit before tax | 30 | 43 | – | 101 | 67 |
| Tax | 5 | 11 | – | 26 | 23 |
| Net profit | 25 | 32 | – | 75 | 44 |
| 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. | 11.3% | 8.7% | – | 8.4% | 4.8% |
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the year to Mar 2009 they do not, so they are left blank.
Ratios
Standalone, years to March, then June.
| Ratio | Mar 2008 | Mar 2009 | Jun 2010 | Jun 2011 | Jun 2012 |
|---|---|---|---|---|---|
| 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. | – | 65.2% | – | – | 0.4% |
| 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. | – | 33.9% | – | – | −9.2% |
| 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. | – | 27.3% | – | – | −42.3% |
| 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. | – | −1.8% | – | – | −52.2% |
| Interest coverInterest cover. Operating profit after depreciation divided by finance costs: how many times over the profit pays the interest bill. | 1.9 | 1.8 | – | 1.9 | 1.1 |
Growth and returns over 3, 5 and 10 years
Standalone: the listed company alone, without its subsidiaries. Each window ends with the year to Jun 2012.
| Measure | 3 years |
|---|---|
| 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. | 26.2% |
| 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. | 6.6% |
| 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. | 1.5 |
Accounting checks
Standalone, years to March, then June. Published tests of whether reported profit is backed by cash and the balance sheet.
| Check | Mar 2008 | Mar 2009 | Jun 2010 | Jun 2011 | Jun 2012 |
|---|---|---|---|---|---|
| Effective tax rateEffective tax rate. Tax charged as a percentage of profit before tax.Published threshold 17.16 per cent | 17.10 | 26.12 | – | 25.36 | 34.92 |
A threshold marked as ours has no published figure; it is the line we read the check against.