Mudit Finlease (Delisted) financials and balance sheet
BSE: 531919
Last traded ₹54.00 on 20 Feb 2019
Delisted on 22 Mar 2019.
10 years at a glance
Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to March.Mudit Finlease annual reports
Revenue, net profit and borrowings, ₹ crore
- Revenue
- Net profit
- Borrowings
- Loss
Peak revenue ₹52 Cr, year to Mar 2010A loss in 3 of the 9 years with results on record
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 2018
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
From revenue to net profit
- Revenue2.8
- Operating expenses−0.7
- Operating profit2.1
- Depreciation−0.6
- Other income0.0
- Finance costs−0.3
- Profit before tax1.4
- Tax−0.4
- Net profit1.0
Profit and loss
Standalone, ₹ crore, years to March. No results on record for the year to Mar 2016.Mudit Finlease quarterly results
| ₹ crore | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 30.6 | 51.5 | 38.4 | 40.0 | 43.1 | 23.3 | 26.8 | – | 1.9 | 2.8 |
| Operating expenses. What the business spent to run itself in the period, materials, staff and other costs, before depreciation, interest and tax. | 30.2 | 51.3 | 38.1 | 39.5 | 42.4 | 23.0 | 25.8 | – | 0.6 | 0.7 |
| 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. | – | 50.7 | 37.7 | 39.1 | 42.0 | 22.4 | 25.4 | – | – | – |
| Employee costsEmployee costs. Salaries, wages, bonuses and other benefits paid to staff in the period. | – | 0.3 | 0.3 | 0.3 | 0.2 | 0.2 | – | – | 0.2 | – |
| Other expensesOther expenses. Every operating cost besides materials and staff: power, rent, freight, repairs, marketing and the like. | – | 0.3 | 0.2 | 0.2 | 0.2 | 0.4 | – | – | 0.4 | – |
| Operating profit before depreciationOperating profit before depreciation (EBITDA). Revenue less operating expenses: what the business earns from its operations before depreciation, interest and tax. | 0.4 | 0.3 | 0.3 | 0.4 | 0.7 | 0.3 | 1.0 | – | 1.3 | 2.1 |
| Operating marginOperating margin. Operating profit before depreciation as a percentage of revenue: how much of each rupee of sales is left after running costs. | 1.3% | 0.5% | 0.7% | 1.1% | 1.6% | 1.3% | 3.7% | – | 70.1% | 76.0% |
| Materials, % of revenueMaterials, % of revenue. Raw materials used and goods bought for resale, adjusted for the change in stock, divided by revenue, times 100. | – | 98.4% | 98.1% | 97.8% | 97.4% | 96.1% | – | – | – | – |
| Employee costs, % of revenueEmployee costs, % of revenue. Salaries, wages and other staff costs divided by revenue, times 100. | – | 0.5% | 0.7% | 0.6% | 0.5% | 0.9% | – | – | 10.5% | – |
| 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. | – | 0.6% | 0.6% | 0.5% | 0.5% | 1.8% | – | – | 19.4% | – |
| 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. | 0.0 | 0.0 | 0.0 | 0.3 | 0.3 | 0.3 | 0.4 | – | 0.5 | 0.6 |
| Operating profit after depreciationOperating profit after depreciation (EBIT). Operating profit before depreciation, less depreciation and amortisation. | 0.4 | 0.3 | 0.3 | 0.1 | 0.4 | 0.0 | 0.6 | – | 0.8 | 1.6 |
| Other incomeOther income. Income from outside the main business, such as interest on deposits, dividends received and gains on investments. | 0.0 | 0.0 | 0.0 | 0.0 | – | 0.5 | 0.6 | – | – | 0.0 |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. | 0.4 | 0.3 | 0.3 | 0.4 | 0.4 | 0.0 | 0.3 | – | 0.4 | 0.3 |
| Profit before tax | 0.0 | 0.0 | 0.0 | −0.3 | 0.0 | 0.5 | 0.9 | – | 0.4 | 1.4 |
| 0.0 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | 0.2 | – | 0.1 | 0.4 | |
| Net profit | 0.0 | 0.0 | 0.0 | −0.4 | −0.1 | 0.5 | 0.7 | – | 0.3 | 1.0 |
| 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. | 0.0% | 0.0% | 0.0% | −0.9% | −0.2% | 1.9% | 2.7% | – | 15.7% | 35.7% |
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the years to Mar 2009, Mar 2015, Mar 2017 and Mar 2018 they do not, so they are left blank.
Ratios
Standalone, years to March.
| Ratio | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 |
|---|---|---|---|---|---|---|---|---|---|---|
| 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. | −28.1% | 68.5% | −25.5% | 4.0% | 7.8% | −45.9% | 15.1% | – | – | 51.5% |
| 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. | −70.2% | −34.3% | −1.9% | 69.9% | 53.3% | −56.0% | 236.4% | – | – | 64.2% |
| 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. | −99.2% | – | – | – | – | – | 61.9% | – | – | 244.2% |
| 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. | – | – | – | – | – | – | – | – | – | 245.6% |
| Interest coverInterest cover. Operating profit after depreciation divided by finance costs: how many times over the profit pays the interest bill. | 1.0 | 0.9 | 0.9 | 0.3 | 0.9 | 0.7 | 1.9 | – | 2.1 | 6.2 |
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 2018.
| Measure | 10 years | 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. | −23.8% | −42.0% | −52.8% |
| 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. | 1.8% | – | 11.0% |
| 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. | 17.4% | 37.8% | 73.1% |
| 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. | 6.1% | 14.0% | 25.7% |
| 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. | 1.7 | 2.7 | 4.1 |
Accounting checks
Standalone, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.
| Check | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 |
|---|---|---|---|---|---|---|---|---|---|---|
| Effective tax rateEffective tax rate. Tax charged as a percentage of profit before tax.Published threshold 17.16 per cent | 20.00 | – | 75.00 | – | – | 7.91 | 21.56 | – | 27.36 | 26.03 |
A threshold marked as ours has no published figure; it is the line we read the check against.