Ricoh India (Delisted) financials and balance sheet
BSE: 517496
Last traded ₹193.45 on 12 Dec 2016
Delisted on 24 Dec 2019.
10 years at a glance
Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to March.Ricoh India annual reports
Revenue, net profit and borrowings, ₹ crore
- Revenue
- Net profit
- Borrowings
- Loss
Peak revenue ₹1,638 Cr, year to Mar 2015A loss in 4 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
- Revenue681
- Materials and goods−688
- Employee costs−105
- Other expenses−165
- Operating profit−277
- Depreciation−17
- Other income+9.3
- One-off items−539
- Finance costs−69
- Profit before tax−893
- Tax−1.0
- Net profit−894
Profit and loss
Standalone, ₹ crore, years to March. No results on record for the year to Mar 2016.Ricoh India quarterly results
| ₹ crore | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018Filed 22 Jul |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 242 | 257 | 297 | 432 | 633 | 1,049 | 1,638 | – | 1,217 | 681 |
| Operating expenses. What the business spent to run itself in the period, materials, staff and other costs, before depreciation, interest and tax. | – | – | – | 423 | 612 | 972 | – | – | 1,388 | 958 |
| 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. | 134 | 145 | 172 | 270 | 434 | 737 | 1,250 | – | 1,041 | 688 |
| Employee costsEmployee costs. Salaries, wages, bonuses and other benefits paid to staff in the period. | – | – | – | 66 | 79 | 89 | – | – | 124 | 105 |
| Other expensesOther expenses. Every operating cost besides materials and staff: power, rent, freight, repairs, marketing and the like. | – | – | – | 87 | 99 | 146 | – | – | 223 | 165 |
| Operating profit before depreciationOperating profit before depreciation (EBITDA). Revenue less operating expenses: what the business earns from its operations before depreciation, interest and tax. | – | – | – | 9 | 21 | 76 | – | – | −170 | −277 |
| Operating marginOperating margin. Operating profit before depreciation as a percentage of revenue: how much of each rupee of sales is left after running costs. | – | – | – | 2.1% | 3.3% | 7.3% | – | – | −14.0% | −40.7% |
| Materials, % of revenueMaterials, % of revenue. Raw materials used and goods bought for resale, adjusted for the change in stock, divided by revenue, times 100. | – | – | – | 62.5% | 68.6% | 70.3% | – | – | 85.5% | 101.1% |
| Employee costs, % of revenueEmployee costs, % of revenue. Salaries, wages and other staff costs divided by revenue, times 100. | – | – | – | 15.3% | 12.4% | 8.5% | – | – | 10.2% | 15.4% |
| 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. | – | – | – | 20.1% | 15.6% | 14.0% | – | – | 18.3% | 24.2% |
| 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. | – | – | – | 7 | 8 | 16 | – | – | 18 | 17 |
| Operating profit after depreciationOperating profit after depreciation (EBIT). Operating profit before depreciation, less depreciation and amortisation. | – | – | – | 2 | 13 | 60 | – | – | −188 | −294 |
| Other incomeOther income. Income from outside the main business, such as interest on deposits, dividends received and gains on investments. | 2 | 2 | 1 | 2 | 2 | 2 | 17 | – | 9 | 9 |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. | 1 | 1 | 0 | 6 | 14 | 32 | 85 | – | 155 | 69 |
| 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. | 20 | 28 | 24 | −2 | 0 | 30 | 50 | – | −333 | −354 |
| 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 | – | – | – | – | – | – | – | −539 |
| Profit before tax | 20 | 28 | 24 | −2 | 0 | 30 | 50 | – | −333 | −893 |
| 7 | 11 | 9 | 0 | 2 | 13 | 17 | – | −7 | 1 | |
| Net profit | 13 | 17 | 15 | −3 | −1 | 17 | 34 | – | −327 | −894 |
| 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. | 5.2% | 6.7% | 5.0% | −0.6% | −0.2% | 1.6% | 2.1% | – | −26.8% | −131.4% |
Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the years to Mar 2009, Mar 2010, Mar 2011 and Mar 2015: the statement does not state its depreciation, which operating profit is worked out from, so operating profit is not given.
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 2018Filed 22 Jul |
|---|---|---|---|---|---|---|---|---|---|---|
| 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. | 10.4% | 6.1% | 15.4% | 45.5% | 46.7% | 65.6% | 56.2% | – | – | −44.1% |
| 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. | – | – | – | – | 136.0% | 264.0% | – | – | – | – |
| 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. | −23.3% | 36.8% | −13.1% | – | – | – | 96.8% | – | – | – |
| 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. | – | – | – | – | – | – | 96.8% | – | – | – |
| Interest coverInterest cover. Operating profit after depreciation divided by finance costs: how many times over the profit pays the interest bill. | – | – | – | 0.3 | 0.9 | 1.9 | – | – | – | – |
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. | 12.0% | 1.5% | −25.4% |
| 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. | – | – | −27.3% |
| 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. | −15.4% | −38.6% | −79.1% |
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 | 36.00 | 38.25 | 37.84 | – | 439.59 | 42.80 | 32.86 | – | – | – |
A threshold marked as ours has no published figure; it is the line we read the check against.