Plethico Pharmaceuticals (Delisted) financials and balance sheet
BSE: 532739
Last traded ₹9.05 on 13 Jun 2016
Delisted on 11 May 2018.
7 years at a glance
Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to December, then March.Plethico Pharmaceuticals annual reports
Revenue, net profit and borrowings, ₹ crore
- Revenue
- Net profit
- Borrowings
- Loss
Peak revenue ₹540 Cr, year to Dec 2008A loss in 3 of the 5 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 December to March: its last year to December on record ended in Dec 2012, its first year to March in Mar 2015.
Results for the year to Mar 2015
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
From revenue to net profit
- Revenue137
- Materials and goods−81
- Employee costs−27
- Other expenses−24
- Operating profit5.2
- Depreciation−13
- One-off items−320
- Finance costs−54
- Profit before tax−382
- Tax+108
- Net profit−274
Profit and loss
Standalone, ₹ crore, years to December, then March. No results on record for the years to Dec 2010 and Mar 2014.Plethico Pharmaceuticals quarterly results
| ₹ crore | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Mar 2014 | Mar 2015 |
|---|---|---|---|---|---|---|---|
| Revenue from operations | 540 | 466 | – | 496 | 511 | – | 137 |
| Operating expenses. What the business spent to run itself in the period, materials, staff and other costs, before depreciation, interest and tax. | – | – | – | – | – | – | 131 |
| 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. | 271 | 226 | – | 194 | 404 | – | 81 |
| Employee costsEmployee costs. Salaries, wages, bonuses and other benefits paid to staff in the period. | – | – | – | – | – | – | 27 |
| Other expensesOther expenses. Every operating cost besides materials and staff: power, rent, freight, repairs, marketing and the like. | – | – | – | – | – | – | 24 |
| Operating profit before depreciationOperating profit before depreciation (EBITDA). Revenue less operating expenses: what the business earns from its operations before depreciation, interest and tax. | – | – | – | – | – | – | 5 |
| Operating marginOperating margin. Operating profit before depreciation as a percentage of revenue: how much of each rupee of sales is left after running costs. | – | – | – | – | – | – | 3.8% |
| Materials, % of revenueMaterials, % of revenue. Raw materials used and goods bought for resale, adjusted for the change in stock, divided by revenue, times 100. | – | – | – | – | – | – | 59.2% |
| Employee costs, % of revenueEmployee costs, % of revenue. Salaries, wages and other staff costs divided by revenue, times 100. | – | – | – | – | – | – | 19.6% |
| 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. | – | – | – | – | – | – | 17.5% |
| 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. | – | – | – | – | – | – | 13 |
| Operating profit after depreciationOperating profit after depreciation (EBIT). Operating profit before depreciation, less depreciation and amortisation. | – | – | – | – | – | – | −8 |
| Other incomeOther income. Income from outside the main business, such as interest on deposits, dividends received and gains on investments. | 1 | 4 | – | – | 0 | – | – |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. | 17 | 29 | – | 77 | 50 | – | 54 |
| 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. | 132 | 91 | – | 36 | −30 | – | −62 |
| 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. | – | – | – | – | 37 | – | −320 |
| Profit before tax | 132 | 91 | – | 36 | 7 | – | −382 |
| Tax | 3 | 0 | – | 10 | 1 | – | −108 |
| Net profit | 61 | 107 | – | −38 | −8 | – | −274 |
| 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% | 23.0% | – | −7.6% | −1.5% | – | −200.3% |
Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the years to Dec 2008, Dec 2009, Dec 2011 and Dec 2012: the statement does not state its depreciation, which operating profit is worked out from, so operating profit is not given.
Ratios
Standalone, years to December, then March.
| Ratio | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Mar 2014 | Mar 2015 |
|---|---|---|---|---|---|---|
| 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. | −13.8% | – | – | 3.0% | – | – |
| 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. | 75.9% | – | – | – | – | – |
Interest cover is left blank for the year to Mar 2015: operating profit after depreciation is a loss, and a loss covers no interest bill.
Accounting checks
Standalone, years to December, then March. Published tests of whether reported profit is backed by cash and the balance sheet.
| Check | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Mar 2014 | Mar 2015 |
|---|---|---|---|---|---|---|---|
| Effective tax rateEffective tax rate. Tax charged as a percentage of profit before tax.Published threshold 17.16 per cent | 2.15 | 0.42 | – | 28.67 | 11.81 | – | – |
A threshold marked as ours has no published figure; it is the line we read the check against.