SRS Finance (Delisted) financials and balance sheet
BSE: 536799Finance
Last traded ₹0.19 on 22 Oct 2019
Delisted on 13 Jul 2022.
4 years at a glance
Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to March.SRS Finance annual reports
Revenue, net profit and borrowings, ₹ crore
- Revenue
- Net profit
- Borrowings
- Loss
Peak revenue ₹76 Cr, year to Mar 2015A loss in 1 of the 3 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 2017
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
From revenue to net profit
- Revenue18
- Operating expenses−21
- Operating profit−2.9
- Depreciation−0.1
- Other income+0.2
- Finance costs−12
- Profit before tax−14
- Tax−0.7
- Net profit−15
Profit and loss
Standalone, ₹ crore, years to March. No results on record for the year to Mar 2016.SRS Finance quarterly results
| ₹ crore | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
|---|---|---|---|---|
| Revenue from operations | 39.1 | 76.4 | – | 18.0 |
| Operating expenses. What the business spent to run itself in the period, materials, staff and other costs, before depreciation, interest and tax. | 21.0 | 51.9 | – | 20.9 |
| 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. | 14.1 | 48.9 | – | – |
| Employee costsEmployee costs. Salaries, wages, bonuses and other benefits paid to staff in the period. | – | 0.9 | – | – |
| Other expensesOther expenses. Every operating cost besides materials and staff: power, rent, freight, repairs, marketing and the like. | – | 2.1 | – | – |
| Operating profit before depreciationOperating profit before depreciation (EBITDA). Revenue less operating expenses: what the business earns from its operations before depreciation, interest and tax. | 18.1 | 24.4 | – | −2.9 |
| Operating marginOperating margin. Operating profit before depreciation as a percentage of revenue: how much of each rupee of sales is left after running costs. | 46.3% | 32.0% | – | −16.2% |
| Materials, % of revenueMaterials, % of revenue. Raw materials used and goods bought for resale, adjusted for the change in stock, divided by revenue, times 100. | – | 64.1% | – | – |
| Employee costs, % of revenueEmployee costs, % of revenue. Salaries, wages and other staff costs divided by revenue, times 100. | – | 1.2% | – | – |
| 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. | – | 2.7% | – | – |
| 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. | 0.1 | 0.2 | – | 0.1 |
| Operating profit after depreciationOperating profit after depreciation (EBIT). Operating profit before depreciation, less depreciation and amortisation. | 18.0 | 24.2 | – | −3.0 |
| Other incomeOther income. Income from outside the main business, such as interest on deposits, dividends received and gains on investments. | 0.0 | 0.1 | – | 0.2 |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. | 10.8 | 14.8 | – | 11.5 |
| Profit before tax | 7.2 | 9.5 | – | −14.3 |
| 2.2 | 3.2 | – | 0.7 | |
| Net profit | 5.1 | 6.4 | – | −15.0 |
| 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. | 13.0% | 8.3% | – | −83.8% |
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the years to Mar 2014 and Mar 2017 they do not, so they are left blank.
Ratios
Standalone, years to March.
| Ratio | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
|---|---|---|---|---|
| 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. | – | 95.3% | – | – |
| 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. | – | 34.9% | – | – |
| 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. | – | 25.5% | – | – |
| Interest coverInterest cover. Operating profit after depreciation divided by finance costs: how many times over the profit pays the interest bill. | 1.7 | 1.6 | – | – |
Interest cover is left blank for the year to Mar 2017: 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 2017.
| Measure | 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. | −22.9% |
| 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. | 7.9% |
| 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. | −37.7% |
Accounting checks
Standalone, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.
| Check | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
|---|---|---|---|---|
| Effective tax rateEffective tax rate. Tax charged as a percentage of profit before tax.Published threshold 17.16 per cent | 29.92 | 33.16 | – | – |
A threshold marked as ours has no published figure; it is the line we read the check against.