Noesis Industries (Delisted) financials and balance sheet
BSE: 530435
Formerly MVL Industries
Last traded ₹0.90 on 23 Dec 2019
Delisted on 10 Jun 2021.
10 years at a glance
Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to June, then March.Noesis Industries annual reports
Revenue, net profit and borrowings, ₹ crore
- Revenue
- Net profit
- Borrowings
- Loss
Peak revenue ₹475 Cr, year to Jun 2011A loss in 4 of the 7 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.
The company moved its year end from June to March: its last year to June on record ended in Jun 2012, its first year to March in Mar 2015. The 9 months to Mar 2014 between them are one changeover period, not a year, and the yearly charts leave it out.
Results for the year to Mar 2018
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
From revenue to net profit
- Revenue0.0
- Employee costs0.0
- Other expenses−0.2
- Operating profit−0.2
- Depreciation−0.5
- Other income0.0
- One-off items0.0
- Finance costs0.0
- Profit before tax−0.7
- Net profit−0.7
Profit and loss
Standalone, ₹ crore, years to June, then March. A column marked with its months is a changeover year, when the company moved its year end: it is not a twelve-month year. No results on record for the years to Mar 2013 and Mar 2016.Noesis Industries quarterly results
| ₹ crore | Jun 2009 | Jun 2010 | Jun 2011 | Jun 2012 | Mar 2013 | Mar 20149 months | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 360 | 454 | 475 | 379 | – | 3 | 0 | – | 0 | 0 |
| Operating expenses. What the business spent to run itself in the period, materials, staff and other costs, before depreciation, interest and tax. | 331 | 413 | 439 | 378 | – | 13 | 8 | – | 0 | 0 |
| 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. | 326 | 407 | 433 | 372 | – | 1 | 0 | – | – | – |
| Employee costsEmployee costs. Salaries, wages, bonuses and other benefits paid to staff in the period. | 2 | 2 | 2 | 2 | – | 1 | 0 | – | 0 | 0 |
| Other expensesOther expenses. Every operating cost besides materials and staff: power, rent, freight, repairs, marketing and the like. | 3 | 4 | 4 | 3 | – | 11 | 8 | – | 0 | 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. | 29 | 41 | 36 | 1 | – | −10 | −8 | – | 0 | 0 |
| Operating marginOperating margin. Operating profit before depreciation as a percentage of revenue: how much of each rupee of sales is left after running costs. | 8.1% | 9.0% | 7.6% | 0.4% | – | −363.2% | −39,497.0% | – | −14,530.0% | −2,017.0% |
| Materials, % of revenueMaterials, % of revenue. Raw materials used and goods bought for resale, adjusted for the change in stock, divided by revenue, times 100. | 90.4% | 89.7% | 91.1% | 98.1% | – | 42.9% | 1.0% | – | – | – |
| Employee costs, % of revenueEmployee costs, % of revenue. Salaries, wages and other staff costs divided by revenue, times 100. | 0.6% | 0.4% | 0.5% | 0.6% | – | 21.3% | 1,151.5% | – | 3,645.0% | 252.0% |
| 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. | 1.0% | 0.8% | 0.8% | 0.9% | – | 399.0% | 38,445.5% | – | 10,960.0% | 1,862.0% |
| 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 | 1 | 1 | 1 | – | 0 | 1 | – | 0 | 0 |
| Operating profit after depreciationOperating profit after depreciation (EBIT). Operating profit before depreciation, less depreciation and amortisation. | 29 | 40 | 36 | 1 | – | −10 | −9 | – | −1 | −1 |
| Other incomeOther income. Income from outside the main business, such as interest on deposits, dividends received and gains on investments. | – | – | – | – | – | – | – | – | – | 0 |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. | 16 | 21 | 28 | 38 | – | 28 | 1 | – | 0 | 0 |
| 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. | 12 | 19 | 7 | −38 | – | −38 | −10 | – | −1 | −1 |
| 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. | – | – | 12 | −53 | – | 0 | −1 | – | – | 0 |
| Profit before tax | 12 | 19 | 20 | −91 | – | −38 | −11 | – | −1 | −1 |
| Tax | 3 | 3 | 3 | −6 | – | −3 | 0 | – | – | – |
| Net profit | 10 | 16 | 17 | −85 | – | −35 | −11 | – | −1 | −1 |
| 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. | 2.7% | 3.5% | 3.6% | −22.5% | – | −1,292.3% | −53,445.0% | – | −38,050.0% | −6,770.0% |
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 2018 they do not, so they are left blank.
Ratios
Standalone, years to June, then March. A column marked with its months is a changeover year, when the company moved its year end: it is not a twelve-month year. A ratio that sets its sales or profit against the balance sheet is left blank for it.
| Ratio | Jun 2009 | Jun 2010 | Jun 2011 | Jun 2012 | Mar 2013 | Mar 20149 months | 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. | 8.3% | 25.8% | 4.8% | −20.2% | – | – | – | – | – | 400.0% |
| 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. | 8.2% | 40.1% | −10.8% | −96.2% | – | – | – | – | – | – |
| 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. | −24.3% | 63.6% | 6.1% | – | – | – | – | – | – | – |
| Interest coverInterest cover. Operating profit after depreciation divided by finance costs: how many times over the profit pays the interest bill. | 1.8 | 1.9 | 1.3 | 0.0 | – | – | – | – | – | – |
Interest cover is left blank for the years to Mar 2014, Mar 2015, Mar 2017 and Mar 2018: 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 2018.
| Measure | 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. | −20.6% |
| 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. | −8,273.5% |
| 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. | −22,410.0% |
Accounting checks
Standalone, years to June, then March. Published tests of whether reported profit is backed by cash and the balance sheet.
| Check | Jun 2009 | Jun 2010 | Jun 2011 | Jun 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 | 20.91 | 16.67 | 14.17 | – | – | – | – | – | – | – |
A threshold marked as ours has no published figure; it is the line we read the check against.