Max India (Delisted) financials and balance sheet
BSE: 539981Finance
Last traded ₹68.70 on 11 Jun 2020
Delisted on 13 Jan 2021.
3 years at a glance
Consolidated: the company and its subsidiaries together. ₹ crore, years to March.Max India annual reports
Revenue, net profit and borrowings, ₹ crore
- Revenue
- Net profit
- Borrowings
- Loss
Peak revenue ₹1,571 Cr, year to Mar 2018A loss in 3 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.
Results for the year to Mar 2019
Consolidated: the company and its subsidiaries together. ₹ crore.
From revenue to net profit
- Revenue156
- Operating expenses−191
- Operating profit−36
- Depreciation−5.2
- Other income+17
- One-off items0.0
- Finance costs−24
- Profit before tax−48
- Tax−2.6
- Joint ventures−1.0
- Net profit−131
Profit and loss
Consolidated, ₹ crore, years to March.Max India quarterly results
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 |
|---|---|---|---|
| Revenue from operations | 1,429 | 1,571 | 156 |
| Operating expenses. What the business spent to run itself in the period, materials, staff and other costs, before depreciation, interest and tax. | 1,385 | 1,512 | 191 |
| 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. | – | 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. | 44 | 59 | −36 |
| Operating marginOperating margin. Operating profit before depreciation as a percentage of revenue: how much of each rupee of sales is left after running costs. | 3.1% | 3.7% | −22.9% |
| 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. | 59 | 73 | 5 |
| Operating profit after depreciationOperating profit after depreciation (EBIT). Operating profit before depreciation, less depreciation and amortisation. | −15 | −15 | −41 |
| Other incomeOther income. Income from outside the main business, such as interest on deposits, dividends received and gains on investments. | 24 | 45 | 17 |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. | 53 | 78 | 24 |
| 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 |
| Profit before tax | −43 | −48 | −48 |
| 3 | 16 | 3 | |
| Share of profit of joint ventures and associatesShare of profit of joint ventures and associates. The group's share of the profit of companies it part-owns and does not consolidate, as stated. It is part of net profit but not of revenue or operating profit: their sales and costs are not in the group's lines. | – | – | −1 |
| Net profit | −46 | −71 | −131 |
| 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. | −3.2% | −4.5% | −84.1% |
| Net margin without joint ventures and associatesNet margin without joint ventures and associates. Net profit less the share of profit of joint ventures and associates, as a percentage of revenue: the margin on the businesses whose revenue the statement carries. Shown where the company states such a share. | – | – | −83.5% |
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the years to Mar 2017 and Mar 2019 they do not, so they are left blank.
Ratios
Consolidated, years to March.
| Ratio | Mar 2018 | Mar 2019 |
|---|---|---|
| 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. | 9.9% | −90.1% |
| 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. | 32.6% | – |
Interest cover is left blank for the years to Mar 2017, Mar 2018 and Mar 2019: operating profit after depreciation is a loss, and a loss covers no interest bill.
Growth and returns over 3, 5 and 10 years
Consolidated: the company and its subsidiaries together. Each window ends with the year to Mar 2019.
| 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. | −5.4% |
| 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. | −30.6% |