Rainbow Papers financials and balance sheet
BSE: 523523Paper, Forest & Jute Products
Trading suspended since 4 Feb 2020
Last traded ₹0.15 on 3 Feb 2020
10 years at a glance
Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to March.Rainbow Papers annual reports
Revenue, net profit and borrowings, ₹ crore
- Revenue
- Net profit
- Borrowings
- Loss
Peak revenue ₹656 Cr, year to Mar 2014A loss in 2 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
- Revenue0.3
- Materials and goods−0.3
- Employee costs−2.7
- Other expenses−85
- Operating profit−88
- Depreciation−111
- Other income0.0
- Finance costs0.0
- Profit before tax−199
- Net profit−199
Profit and loss
Standalone, ₹ crore, years to March. No results on record for the year to Mar 2016.Rainbow Papers 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 | 236 | 286 | 395 | 450 | 527 | 656 | 559 | – | 52 | 0 |
| Operating expenses. What the business spent to run itself in the period, materials, staff and other costs, before depreciation, interest and tax. | 184 | 221 | 306 | 357 | 425 | 524 | 456 | – | 78 | 88 |
| 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. | 118 | 141 | 189 | 229 | 275 | 376 | 323 | – | 34 | 0 |
| Employee costsEmployee costs. Salaries, wages, bonuses and other benefits paid to staff in the period. | 7 | 8 | 11 | – | 18 | – | – | – | 10 | 3 |
| Other expensesOther expenses. Every operating cost besides materials and staff: power, rent, freight, repairs, marketing and the like. | 59 | 73 | 106 | – | 132 | – | – | – | 34 | 85 |
| Operating profit before depreciationOperating profit before depreciation (EBITDA). Revenue less operating expenses: what the business earns from its operations before depreciation, interest and tax. | 52 | 64 | 89 | 93 | 102 | 132 | 103 | – | −27 | −88 |
| Operating marginOperating margin. Operating profit before depreciation as a percentage of revenue: how much of each rupee of sales is left after running costs. | 22.1% | 22.5% | 22.6% | 20.7% | 19.3% | 20.1% | 18.4% | – | −51.7% | −31,282.1% |
| Materials, % of revenueMaterials, % of revenue. Raw materials used and goods bought for resale, adjusted for the change in stock, divided by revenue, times 100. | 49.8% | 49.3% | 47.9% | – | 52.3% | – | – | – | 65.8% | 100.0% |
| Employee costs, % of revenueEmployee costs, % of revenue. Salaries, wages and other staff costs divided by revenue, times 100. | 2.9% | 2.7% | 2.8% | – | 3.4% | – | – | – | 19.3% | 946.4% |
| 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. | 25.2% | 25.5% | 26.8% | – | 25.1% | – | – | – | 66.7% | 30,335.7% |
| 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. | 25 | 24 | 28 | 26 | 27 | 48 | 39 | – | 136 | 111 |
| Operating profit after depreciationOperating profit after depreciation (EBIT). Operating profit before depreciation, less depreciation and amortisation. | 27 | 40 | 61 | 68 | 75 | 84 | 64 | – | −163 | −199 |
| Other incomeOther income. Income from outside the main business, such as interest on deposits, dividends received and gains on investments. | 0 | 4 | 0 | 2 | 5 | 11 | 12 | – | 1 | 0 |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. | 10 | 13 | 16 | 28 | 33 | 61 | 71 | – | 8 | 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. | 17 | 31 | 46 | 41 | 47 | 34 | 5 | – | −169 | −199 |
| 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 | 0 | 0 | 0 | 0 | – | 0 | – | – | – |
| Profit before tax | 17 | 31 | 45 | 41 | 47 | 34 | 6 | – | −169 | −199 |
| Tax | −7 | 8 | 8 | 8 | 12 | 10 | −19 | – | – | – |
| Net profit | 23 | 24 | 37 | 33 | 35 | 24 | 24 | – | −169 | −199 |
| 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. | 9.9% | 8.3% | 9.4% | 7.3% | 6.7% | 3.7% | 4.4% | – | −328.2% | −70,975.0% |
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the years to Mar 2012, Mar 2014 and Mar 2015 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. | 27.3% | 20.9% | 38.3% | 14.0% | 17.0% | 24.6% | −14.8% | – | – | −99.5% |
| 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. | 49.1% | 23.0% | 38.7% | 4.6% | 8.9% | 29.7% | −21.8% | – | – | – |
| 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. | 86.0% | 0.6% | 57.0% | −11.7% | 7.9% | −32.0% | 1.6% | – | – | – |
| 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. | – | – | – | – | 2.2% | −35.0% | – | – | – | – |
| Interest coverInterest cover. Operating profit after depreciation divided by finance costs: how many times over the profit pays the interest bill. | 2.6 | 3.1 | 3.9 | 2.4 | 2.3 | 1.4 | 0.9 | – | – | – |
Interest cover is left blank for the years to 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 | 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. | −47.8% | −77.9% | −92.1% |
| 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. | −3,465.4% | −7,823.8% | −15,666.9% |
| 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. | −7,917.1% | −17,823.8% | −35,651.6% |
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 | −38.95 | 24.22 | 18.36 | 20.41 | 25.56 | 28.74 | −322.84 | – | – | – |
A threshold marked as ours has no published figure; it is the line we read the check against.