South Asian Petrochem (Delisted) financials and balance sheet
BSE: 532452
Last traded ₹14.49 on 14 Jul 2010
Delisted on 15 Jul 2010.
3 years at a glance
Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to March.South Asian Petrochem annual reports
Revenue, net profit and borrowings, ₹ crore
- Revenue
- Net profit
- Borrowings
Peak revenue ₹1,113 Cr, year to Mar 2009
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 2010
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
From revenue to net profit
- Revenue1,023
- Operating expenses−934
- Operating profit89
- Depreciation−23
- Other income+28
- One-off items+20
- Finance costs−19
- Profit before tax94
- Tax−28
- Net profit66
Profit and loss
Standalone, ₹ crore, years to March.South Asian Petrochem quarterly results
| ₹ crore | Mar 2008 | Mar 2009 | Mar 2010 |
|---|---|---|---|
| Revenue from operations | 1,005 | 1,113 | 1,023 |
| Operating expenses. What the business spent to run itself in the period, materials, staff and other costs, before depreciation, interest and tax. | 918 | 1,027 | 934 |
| 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. | 786 | 863 | 797 |
| Operating profit before depreciationOperating profit before depreciation (EBITDA). Revenue less operating expenses: what the business earns from its operations before depreciation, interest and tax. | 87 | 85 | 89 |
| Operating marginOperating margin. Operating profit before depreciation as a percentage of revenue: how much of each rupee of sales is left after running costs. | 8.6% | 7.7% | 8.7% |
| 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. | 23 | 24 | 23 |
| Operating profit after depreciationOperating profit after depreciation (EBIT). Operating profit before depreciation, less depreciation and amortisation. | 63 | 61 | 65 |
| Other incomeOther income. Income from outside the main business, such as interest on deposits, dividends received and gains on investments. | 30 | 26 | 28 |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. | 20 | 27 | 19 |
| 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. | – | 61 | 74 |
| 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. | – | −40 | 20 |
| Profit before tax | 74 | 21 | 94 |
| Tax | 19 | 5 | 28 |
| Net profit | 56 | 16 | 66 |
| 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. | 5.5% | 1.4% | 6.5% |
Ratios
Standalone, years to March.
| Ratio | Mar 2008 | Mar 2009 | Mar 2010 |
|---|---|---|---|
| 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. | – | 10.8% | −8.1% |
| 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. | – | −1.5% | 4.0% |
| 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. | – | −71.7% | 322.6% |
| 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. | – | −75.5% | 325.4% |
| Interest coverInterest cover. Operating profit after depreciation divided by finance costs: how many times over the profit pays the interest bill. | 3.2 | 2.3 | 3.5 |
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 2010.
| Measure | 3 years |
|---|---|
| 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. | 8.3% |
| 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. | 4.5% |
| Interest cover, averageInterest cover, average. 3 years: The plain average of the yearly interest cover 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 interest cover 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 interest cover over the last ten years, needing at least nine of them; a year without the figure is left out, never filled in. | 3.0 |
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 |
|---|---|---|
| Effective tax rateEffective tax rate. Tax charged as a percentage of profit before tax.Published threshold 17.16 per cent | 24.51 | 29.58 |
A threshold marked as ours has no published figure; it is the line we read the check against.