Provogue (India) (Delisted) financials and balance sheet
BSE: 532647
Last traded ₹0.65 on 14 Nov 2019
Delisted on 10 Jun 2021.
10 years at a glance
Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to March.Provogue (India) annual reports
Revenue, net profit and borrowings, ₹ crore
- Revenue
- Net profit
- Borrowings
- Loss
Peak revenue ₹614 Cr, year to Mar 2014A loss in 5 of the 10 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
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
From revenue to net profit
- Revenue73
- Operating expenses−74
- Operating profit−1.3
- Depreciation−0.6
- Other income+0.2
- One-off items−11
- Finance costs−42
- Profit before tax−55
- Tax−8.5
- Net profit−63
Profit and loss
Standalone, ₹ crore, years to March.Provogue (India) quarterly results
| ₹ crore | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 481 | 565 | 610 | 540 | 614 | 545 | 423 | 214 | 92 | 73 |
| Operating expenses. What the business spent to run itself in the period, materials, staff and other costs, before depreciation, interest and tax. | 429 | 493 | 550 | 480 | 557 | 587 | 572 | 361 | 218 | 74 |
| 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. | 301 | 377 | 426 | 379 | 471 | 511 | 504 | 300 | 167 | 48 |
| Employee costsEmployee costs. Salaries, wages, bonuses and other benefits paid to staff in the period. | – | – | 18 | 16 | 13 | 8 | 8 | 5 | 5 | – |
| Other expensesOther expenses. Every operating cost besides materials and staff: power, rent, freight, repairs, marketing and the like. | – | – | 106 | 85 | 73 | 67 | 60 | 55 | 45 | – |
| Operating profit before depreciationOperating profit before depreciation (EBITDA). Revenue less operating expenses: what the business earns from its operations before depreciation, interest and tax. | 51 | 72 | 60 | 60 | 57 | −42 | −148 | −148 | −126 | −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. | 10.7% | 12.8% | 9.8% | 11.1% | 9.3% | −7.6% | −35.0% | −69.1% | −137.4% | −1.8% |
| Materials, % of revenueMaterials, % of revenue. Raw materials used and goods bought for resale, adjusted for the change in stock, divided by revenue, times 100. | – | – | 69.9% | 70.2% | 76.6% | 93.8% | 119.0% | 140.7% | 182.1% | – |
| Employee costs, % of revenueEmployee costs, % of revenue. Salaries, wages and other staff costs divided by revenue, times 100. | – | – | 3.0% | 3.0% | 2.2% | 1.5% | 1.8% | 2.4% | 5.9% | – |
| 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. | – | – | 17.3% | 15.8% | 11.9% | 12.4% | 14.3% | 26.0% | 49.4% | – |
| 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. | 12 | 12 | 12 | 11 | 8 | 8 | 6 | 4 | 3 | 1 |
| Operating profit after depreciationOperating profit after depreciation (EBIT). Operating profit before depreciation, less depreciation and amortisation. | 39 | 60 | 48 | 49 | 49 | −50 | −154 | −152 | −129 | −2 |
| Other incomeOther income. Income from outside the main business, such as interest on deposits, dividends received and gains on investments. | 21 | 17 | 15 | 13 | 7 | 3 | 2 | 5 | 6 | 0 |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. | 20 | 26 | 32 | 36 | 37 | 39 | 39 | 34 | 15 | 42 |
| 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. | 40 | 52 | 31 | 26 | 20 | −86 | −191 | −181 | −138 | −43 |
| 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 | −9 | −1 | 0 | −18 | 10 | −5 | – | −17 | −11 |
| Profit before tax | 40 | 43 | 30 | 26 | 1 | −75 | −196 | −181 | −155 | −55 |
| Tax | 12 | 10 | 5 | 13 | 0 | −1 | 0 | −1 | 1 | 9 |
| Net profit | 28 | 33 | 25 | 13 | 1 | −75 | −196 | −180 | −155 | −63 |
| 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. | 5.9% | 5.9% | 4.1% | 2.4% | 0.2% | −13.7% | −46.2% | −84.2% | −169.4% | −87.0% |
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the years to Mar 2010, Mar 2011 and Mar 2019 they do not, so they are left blank.
Ratios
Standalone, years to March.
| Ratio | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | 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. | 33.6% | 17.6% | 7.8% | −11.4% | 13.7% | −11.2% | −22.4% | −49.6% | −57.0% | −20.9% |
| 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. | 33.0% | 41.2% | −17.5% | 0.2% | −4.1% | – | – | – | – | – |
| 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. | −3.8% | 17.8% | −25.1% | −48.5% | −92.7% | – | – | – | – | – |
| 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. | – | – | – | −48.4% | −92.9% | – | – | – | – | – |
| Interest coverInterest cover. Operating profit after depreciation divided by finance costs: how many times over the profit pays the interest bill. | 2.0 | 2.3 | 1.5 | 1.4 | 1.3 | – | – | – | – | – |
Interest cover is left blank for the years to Mar 2015, Mar 2016, 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
Standalone: the listed company alone, without its subsidiaries. Each window ends with the year to Mar 2019.
| 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. | −14.8% | −34.8% | −44.4% |
| 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. | −19.7% | −50.2% | −69.4% |
| 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. | −38.2% | −80.1% | −113.5% |
Accounting checks
Standalone, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.
| Check | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|---|---|
| Effective tax rateEffective tax rate. Tax charged as a percentage of profit before tax.Published threshold 17.16 per cent | 29.38 | 22.45 | 15.46 | 50.09 | 13.09 | – | – | – | – | – |
A threshold marked as ours has no published figure; it is the line we read the check against.