Tara Jewels (Delisted) financials and balance sheet
BSE: 534756
Last traded ₹0.50 on 3 Sep 2019
Delisted on 10 Jun 2021.
7 years at a glance
Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to March.Tara Jewels annual reports
Revenue, net profit and borrowings, ₹ crore
- Revenue
- Net profit
- Borrowings
- Loss
Peak revenue ₹1,417 Cr, year to Mar 2014A loss in 3 of the 7 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.
Results for the year to Mar 2019
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
From revenue to net profit
- Revenue120
- Materials and goods−570
- Employee costs−22
- Other expenses−81
- Operating profit−552
- Depreciation−11
- Other income+2.8
- Finance costs−110
- Profit before tax−670
- Net profit−670
Profit and loss
Standalone, ₹ crore, years to March.Tara Jewels quarterly results
| ₹ crore | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
|---|---|---|---|---|---|---|---|
| Revenue from operations | 1,384 | 1,417 | 1,414 | 1,363 | 1,191 | 435what Revenue from operations, Mar 2018, includes. This period's revenue includes excise duty of ₹0.04 crore, a tax on the goods the company makes that it collects and pays to the government. | 120 |
| Operating expenses. What the business spent to run itself in the period, materials, staff and other costs, before depreciation, interest and tax. | 1,247 | 1,282 | 1,281 | 1,256 | 1,113 | 464 | 672 |
| 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. | 1,156 | 1,145 | 1,172 | 1,158 | 1,037 | 375 | 570 |
| Employee costsEmployee costs. Salaries, wages, bonuses and other benefits paid to staff in the period. | 34 | 45 | 41 | 34 | – | 21 | 22 |
| Other expensesOther expenses. Every operating cost besides materials and staff: power, rent, freight, repairs, marketing and the like. | 57 | 92 | 68 | 64 | – | 69 | 81 |
| Operating profit before depreciationOperating profit before depreciation (EBITDA). Revenue less operating expenses: what the business earns from its operations before depreciation, interest and tax. | 137 | 135 | 133 | 107 | 78 | −29 | −552 |
| Operating marginOperating margin. Operating profit before depreciation as a percentage of revenue: how much of each rupee of sales is left after running costs. | 9.9% | 9.5% | 9.4% | 7.9% | 6.5% | −6.7% | −459.1% |
| Materials, % of revenueMaterials, % of revenue. Raw materials used and goods bought for resale, adjusted for the change in stock, divided by revenue, times 100. | 83.5% | 80.8% | 82.9% | 85.0% | – | 86.0% | 473.9% |
| Employee costs, % of revenueEmployee costs, % of revenue. Salaries, wages and other staff costs divided by revenue, times 100. | 2.5% | 3.2% | 2.9% | 2.5% | – | 4.9% | 18.1% |
| 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. | 4.1% | 6.5% | 4.8% | 4.7% | – | 15.8% | 67.1% |
| 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. | 13 | 21 | 27 | 21 | 22 | 16 | 11 |
| Operating profit after depreciationOperating profit after depreciation (EBIT). Operating profit before depreciation, less depreciation and amortisation. | 124 | 115 | 106 | 86 | 56 | −45 | −563 |
| Other incomeOther income. Income from outside the main business, such as interest on deposits, dividends received and gains on investments. | 4 | 5 | 5 | 5 | 6 | 7 | 3 |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. | 43 | 57 | 64 | 69 | 76 | 78 | 110 |
| 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. | 85 | 62 | 47 | 21 | −14 | −116 | −670 |
| 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. | – | – | – | – | – | −598 | – |
| Profit before tax | 85 | 62 | 47 | 21 | −14 | −714 | −670 |
| Tax | 19 | 23 | 17 | 8 | −2 | 9 | – |
| Net profit | 66 | 39 | 29 | 13 | −12 | −723 | −670 |
| 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. | 4.8% | 2.8% | 2.1% | 0.9% | −1.0% | −166.0% | −557.4% |
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the year to Mar 2017 they do not, so they are left blank.
Ratios
Standalone, years to March.
| Ratio | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
|---|---|---|---|---|---|---|---|
| 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. | – | 2.4% | −0.2% | −3.6% | −12.6% | −63.4% | −72.4% |
| 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. | – | −1.2% | −1.9% | −19.3% | −27.4% | – | – |
| 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. | – | −40.5% | −26.0% | −55.7% | – | – | – |
| 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. | – | −50.2% | – | – | – | – | – |
| Interest coverInterest cover. Operating profit after depreciation divided by finance costs: how many times over the profit pays the interest bill. | 2.9 | 2.0 | 1.7 | 1.2 | 0.7 | – | – |
Interest cover is left blank for the years to Mar 2018 and Mar 2019: 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 2019.
| Measure | 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. | −38.9% | −55.5% |
| 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. | −88.4% | −153.1% |
| 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. | −144.3% | −241.5% |
Accounting checks
Standalone, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.
| Check | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
|---|---|---|---|---|---|---|---|
| Effective tax rateEffective tax rate. Tax charged as a percentage of profit before tax.Published threshold 17.16 per cent | 22.48 | 36.82 | 37.42 | – | – | – | – |
A threshold marked as ours has no published figure; it is the line we read the check against.