Shrenuj & Co. (Delisted) financials and balance sheet
BSE: 523236
Last traded ₹0.50 on 16 Oct 2017
Delisted on 4 Jul 2018.
9 years at a glance
Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to March.Shrenuj & Co. annual reports
Revenue, net profit and borrowings, ₹ crore
- Revenue
- Net profit
- Borrowings
- Loss
A loss in the year to Mar 2016, −₹40 CrA loss in 1 of the 9 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.
The years either side of a change of basis do not compare. From the year to Mar 2011, the company's revenue for that year, ₹1,554 Cr, differs from its quarters added, ₹1,512 Cr.
Results for the year to Mar 2016
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
From revenue to net profit
- Revenue1,789
- Operating expenses−1,707
- Operating profit82
- Depreciation−11
- Other income+0.8
- Finance costs−111
- Profit before tax−39
- Tax−1.1
- Net profit−40
Profit and loss
Standalone, ₹ crore, years to March.Shrenuj & Co. quarterly results
| ₹ crore | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 987 | 911 | 1,035 | 1,554 | 2,024 | 2,239 | 2,527 | 2,712 | 1,789 |
| Operating expenses. What the business spent to run itself in the period, materials, staff and other costs, before depreciation, interest and tax. | 887 | 825 | 933 | 1,439 | 1,885 | 2,094 | 2,376 | 2,564 | 1,707 |
| 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. | 820 | 745 | 872 | 1,322 | 1,765 | 1,959 | 2,241 | 2,426 | 1,603 |
| Employee costsEmployee costs. Salaries, wages, bonuses and other benefits paid to staff in the period. | – | 21 | 17 | 37 | 36 | 38 | 41 | 40 | – |
| Other expensesOther expenses. Every operating cost besides materials and staff: power, rent, freight, repairs, marketing and the like. | – | 59 | 44 | 80 | 84 | 97 | 95 | 98 | – |
| Operating profit before depreciationOperating profit before depreciation (EBITDA). Revenue less operating expenses: what the business earns from its operations before depreciation, interest and tax. | 100 | 86 | 102 | 115 | 139 | 146 | 150 | 148 | 82 |
| Operating marginOperating margin. Operating profit before depreciation as a percentage of revenue: how much of each rupee of sales is left after running costs. | 10.1% | 9.4% | 9.8% | 7.4% | 6.9% | 6.5% | 5.9% | 5.4% | 4.6% |
| Materials, % of revenueMaterials, % of revenue. Raw materials used and goods bought for resale, adjusted for the change in stock, divided by revenue, times 100. | – | 81.8% | 84.2% | 85.1% | 87.2% | 87.5% | 88.7% | 89.5% | – |
| Employee costs, % of revenueEmployee costs, % of revenue. Salaries, wages and other staff costs divided by revenue, times 100. | – | 2.3% | 1.7% | 2.4% | 1.8% | 1.7% | 1.6% | 1.5% | – |
| 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. | – | 6.5% | 4.3% | 5.2% | 4.2% | 4.3% | 3.8% | 3.6% | – |
| 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. | 4 | 4 | 4 | 6 | 6 | 6 | 7 | 13 | 11 |
| Operating profit after depreciationOperating profit after depreciation (EBIT). Operating profit before depreciation, less depreciation and amortisation. | 96 | 82 | 98 | 109 | 133 | 139 | 144 | 135 | 72 |
| Other incomeOther income. Income from outside the main business, such as interest on deposits, dividends received and gains on investments. | 0 | 1 | 1 | 1 | 1 | 2 | 1 | 0 | 1 |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. | 49 | 61 | 75 | 68 | 88 | 101 | 95 | 103 | 111 |
| Profit before tax | 48 | 22 | 24 | 43 | 46 | 40 | 49 | 31 | −39 |
| Tax | 17 | 8 | 8 | 12 | 12 | 9 | 14 | 11 | 1 |
| Net profit | 31 | 13 | 16 | 31 | 34 | 30 | 35 | 21 | −40 |
| 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. | 3.1% | 1.5% | 1.5% | 2.0% | 1.7% | 1.4% | 1.4% | 0.8% | −2.2% |
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the years to Mar 2008 and Mar 2016 they do not, so they are left blank.
Ratios
Standalone, years to March.
| Ratio | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|
| 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. | – | −7.7% | 13.6% | – | 30.2% | 10.6% | 12.8% | 7.3% | −34.0% |
| 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. | – | −14.2% | 18.4% | – | 20.9% | 4.8% | 3.2% | −1.7% | −44.4% |
| 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. | – | −56.7% | 16.9% | – | 12.6% | −11.2% | 15.2% | −41.5% | – |
| Interest coverInterest cover. Operating profit after depreciation divided by finance costs: how many times over the profit pays the interest bill. | 2.0 | 1.3 | 1.3 | 1.6 | 1.5 | 1.4 | 1.5 | 1.3 | 0.6 |
Revenue growth, operating profit growth and net profit growth are left blank for the year to Mar 2011: between the two periods the company restated its earlier figures, so the two are on different bases and the change is not worked out.
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 2016.
| 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. | – | 2.9% | −7.2% |
| 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. | 7.4% | 5.9% | 5.3% |
| 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. | 1.2% | 0.6% | 0.0% |
| 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. | 1.4 | 1.3 | 1.1 |
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 |
|---|---|---|---|---|---|---|---|---|
| Effective tax rateEffective tax rate. Tax charged as a percentage of profit before tax.Published threshold 17.16 per cent | 38.50 | 34.83 | 28.21 | 25.24 | 23.27 | 28.74 | 34.67 | – |
A threshold marked as ours has no published figure; it is the line we read the check against.