Stone India (Delisted) financials and balance sheet
BSE: 522085Industrial Manufacturing
Last traded ₹9.85 on 10 Sep 2018
Delisted on 1 Apr 2024.
10 years at a glance
Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to March.Stone India annual reports
Revenue, net profit and borrowings, ₹ crore
- Revenue
- Net profit
- Borrowings
- Loss
Peak revenue ₹104 Cr, year to Mar 2014A loss in 5 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 2017
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
From revenue to net profit
- Revenue67
- Materials and goods−34
- Employee costs−16
- Other expenses−17
- Operating profit−0.6
- Depreciation−2.4
- Other income+0.6
- Finance costs−4.7
- Profit before tax−7.0
- Tax−0.9
- Net profit−7.9
Profit and loss
Standalone, ₹ crore, years to March. No results on record for the year to Mar 2016.Stone India quarterly results
| ₹ crore | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 79 | 80 | 94 | 93 | 99 | 97 | 104 | 85 | – | 67 |
| Operating expenses. What the business spent to run itself in the period, materials, staff and other costs, before depreciation, interest and tax. | 75 | 82 | 84 | 81 | – | 88 | 97 | 81 | – | 68 |
| 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. | 54 | 60 | 59 | 52 | 58 | 56 | 64 | 47 | – | 34 |
| Employee costsEmployee costs. Salaries, wages, bonuses and other benefits paid to staff in the period. | 9 | 10 | 11 | 14 | – | 17 | 17 | 17 | – | 16 |
| Other expensesOther expenses. Every operating cost besides materials and staff: power, rent, freight, repairs, marketing and the like. | 12 | 12 | 13 | 15 | – | 15 | 16 | 17 | – | 17 |
| Operating profit before depreciationOperating profit before depreciation (EBITDA). Revenue less operating expenses: what the business earns from its operations before depreciation, interest and tax. | 4 | −1 | 11 | 12 | – | 9 | 7 | 4 | – | −1 |
| Operating marginOperating margin. Operating profit before depreciation as a percentage of revenue: how much of each rupee of sales is left after running costs. | 5.0% | −1.6% | 11.6% | 13.0% | – | 8.8% | 6.6% | 4.8% | – | −0.8% |
| Materials, % of revenueMaterials, % of revenue. Raw materials used and goods bought for resale, adjusted for the change in stock, divided by revenue, times 100. | 68.6% | 74.1% | 62.7% | 56.1% | – | 58.2% | 62.3% | 55.0% | – | 51.2% |
| Employee costs, % of revenueEmployee costs, % of revenue. Salaries, wages and other staff costs divided by revenue, times 100. | 10.9% | 12.3% | 11.9% | 15.2% | – | 17.6% | 16.1% | 20.4% | – | 24.5% |
| 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. | 15.5% | 15.2% | 13.9% | 15.7% | – | 15.4% | 15.1% | 19.8% | – | 25.1% |
| 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. | 1 | 1 | 2 | 2 | – | 3 | 3 | 3 | – | 2 |
| Operating profit after depreciationOperating profit after depreciation (EBIT). Operating profit before depreciation, less depreciation and amortisation. | 3 | −2 | 9 | 10 | – | 6 | 4 | 2 | – | −3 |
| Other incomeOther income. Income from outside the main business, such as interest on deposits, dividends received and gains on investments. | 10 | 0 | – | – | 1 | 0 | 0 | 0 | – | 1 |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. | 2 | 3 | 4 | 4 | 5 | 7 | 6 | 6 | – | 5 |
| 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. | – | −5 | 6 | 6 | 4 | −1 | −2 | −4 | – | −7 |
| 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. | – | −3 | – | 0 | – | −4 | −2 | −2 | – | – |
| Profit before tax | 11 | −8 | 6 | 6 | 4 | −4 | −4 | −6 | – | −7 |
| Tax | 2 | 1 | 1 | 2 | 1 | −1 | −1 | −1 | – | 1 |
| Net profit | 9 | −9 | 4 | 5 | 3 | −3 | −2 | −5 | – | −8 |
| 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. | 11.4% | −10.7% | 4.7% | 4.9% | 3.2% | −3.1% | −2.4% | −6.2% | – | −11.8% |
Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the year to Mar 2012: 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 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | 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. | – | 1.7% | 17.5% | −1.9% | 6.6% | −2.1% | 7.1% | −17.8% | – | – |
| 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. | – | – | – | 10.2% | – | – | −20.4% | −39.5% | – | – |
| 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. | – | – | – | 3.4% | −29.7% | – | – | – | – | – |
| 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. | – | – | – | – | −29.8% | – | – | – | – | – |
| Interest coverInterest cover. Operating profit after depreciation divided by finance costs: how many times over the profit pays the interest bill. | 1.3 | – | 2.6 | 2.5 | – | 0.9 | 0.7 | 0.3 | – | – |
Interest cover is left blank for the years to Mar 2009 and 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 | 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. | – | −7.4% | −13.4% |
| 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. | – | 4.8% | 2.0% |
| 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. | −1.1% | −5.9% | −9.0% |
Accounting checks
Standalone, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.
| Check | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | 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 | 15.84 | – | 21.47 | 25.92 | 21.11 | – | – | – | – | – |
A threshold marked as ours has no published figure; it is the line we read the check against.