Marmagoa Steels financials and balance sheet
BSE: 513355Industrial Products
Trading suspended since 1 Apr 2021
Last traded ₹1.83 on 20 Mar 2013
7 years at a glance
Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to March.Marmagoa Steels annual reports
Revenue, net profit and borrowings, ₹ crore
- Revenue
- Net profit
- Borrowings
- Loss
Peak revenue ₹186 Cr, year to Mar 2011A loss in 6 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
- Revenue3.4
- Operating expenses−11
- Operating profit−7.5
- Depreciation−2.3
- Other income+0.7
- One-off items−16
- Finance costs−12
- Profit before tax−37
- Tax+1.3
- Net profit−36
Profit and loss
Standalone, ₹ crore, years to March.Marmagoa Steels quarterly results
| ₹ crore | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 |
|---|---|---|---|---|---|---|---|
| Revenue from operations | 184 | 164 | 151 | 186 | 160 | 55 | 3 |
| Operating expenses. What the business spent to run itself in the period, materials, staff and other costs, before depreciation, interest and tax. | 174 | 163 | 157 | 179 | 160 | 72 | 11 |
| 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. | 126 | 124 | 113 | 130 | 121 | 44 | 4 |
| Operating profit before depreciationOperating profit before depreciation (EBITDA). Revenue less operating expenses: what the business earns from its operations before depreciation, interest and tax. | 10 | 1 | −6 | 7 | 0 | −17 | −7 |
| Operating marginOperating margin. Operating profit before depreciation as a percentage of revenue: how much of each rupee of sales is left after running costs. | 5.6% | 0.5% | −4.0% | 3.7% | 0.2% | −29.7% | −219.1% |
| 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. | 2 | 3 | 3 | 3 | 3 | 2 | 2 |
| Operating profit after depreciationOperating profit after depreciation (EBIT). Operating profit before depreciation, less depreciation and amortisation. | 8 | −2 | −9 | 4 | −2 | −19 | −10 |
| Other incomeOther income. Income from outside the main business, such as interest on deposits, dividends received and gains on investments. | 0 | 0 | 0 | 0 | 1 | 0 | 1 |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. | 6 | 7 | 8 | 10 | 11 | 10 | 12 |
| 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 | −16 | −5 | −12 | −29 | −21 |
| 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. | 4 | 1 | – | – | – | 0 | −16 |
| Profit before tax | 6 | −8 | −16 | −5 | −12 | −29 | −37 |
| Tax | 1 | −1 | 0 | 0 | −1 | −1 | −1 |
| Net profit | 5 | −6 | −16 | −5 | −11 | −27 | −36 |
| 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. | 2.8% | −3.9% | −10.8% | −2.7% | −7.0% | −49.5% | −1,059.8% |
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. | – | −11.0% | −7.9% | 23.4% | −13.7% | −65.4% | −93.9% |
| 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. | – | −92.4% | – | – | −95.2% | – | – |
| Interest coverInterest cover. Operating profit after depreciation divided by finance costs: how many times over the profit pays the interest bill. | 1.4 | – | – | 0.4 | – | – | – |
Interest cover is left blank for the years to Mar 2009, Mar 2010, Mar 2012, Mar 2013 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. | −53.9% | −73.6% |
| 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. | −49.8% | −82.9% |
| 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. | −226.0% | −372.1% |
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 | 21.76 | – | – | – | – | – | – |
A threshold marked as ours has no published figure; it is the line we read the check against.