Techno Forge (Delisted) financials and balance sheet
BSE: 522142
Last traded ₹11.07 on 2 Nov 2015
Delisted on 11 May 2018.
8 years at a glance
Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to March.Techno Forge annual reports
Revenue, net profit and borrowings, ₹ crore
- Revenue
- Net profit
- Borrowings
- Loss
A loss in 2 of the 7 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.
The years either side of a change of basis do not compare. From the year to Mar 2014, the company's revenue for that year, ₹11 Cr, differs from its quarters added, ₹14 Cr.
Results for the year to Mar 2015
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
From revenue to net profit
- Revenue8.1
- Operating expenses−13
- Operating profit−4.5
- Depreciation−1.3
- Finance costs−3.4
- Profit before tax−9.2
- Tax+2.5
- Net profit−6.8
Profit and loss
Standalone, ₹ crore, years to March. No results on record for the year to Mar 2012.Techno Forge quarterly results
| ₹ crore | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 15.4 | 21.6 | 22.4 | 27.0 | – | 23.2 | 11.0 | 8.1 |
| Operating expenses. What the business spent to run itself in the period, materials, staff and other costs, before depreciation, interest and tax. | 12.7 | 18.6 | 18.8 | 23.0 | – | 18.4 | 13.5 | 12.6 |
| 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. | 9.7 | 11.8 | 11.3 | 15.0 | – | 10.1 | 7.8 | 9.5 |
| Operating profit before depreciationOperating profit before depreciation (EBITDA). Revenue less operating expenses: what the business earns from its operations before depreciation, interest and tax. | 2.7 | 2.9 | 3.6 | 4.0 | – | 4.8 | −2.5 | −4.5 |
| Operating marginOperating margin. Operating profit before depreciation as a percentage of revenue: how much of each rupee of sales is left after running costs. | 17.4% | 13.5% | 16.0% | 14.8% | – | 20.7% | −22.6% | −54.9% |
| 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. | 0.4 | 0.7 | 0.8 | 0.8 | – | 1.2 | 1.4 | 1.3 |
| Operating profit after depreciationOperating profit after depreciation (EBIT). Operating profit before depreciation, less depreciation and amortisation. | 2.3 | 2.3 | 2.8 | 3.2 | – | 3.7 | −3.8 | −5.8 |
| Other incomeOther income. Income from outside the main business, such as interest on deposits, dividends received and gains on investments. | 0.1 | 0.0 | 0.0 | – | – | – | – | – |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. | 1.0 | 1.7 | 1.6 | 1.7 | – | 2.4 | 3.3 | 3.4 |
| Profit before tax | 1.4 | 0.6 | 1.3 | 1.5 | – | 1.2 | −7.1 | −9.2 |
| Tax | 0.5 | 0.3 | 0.2 | 0.5 | – | 0.7 | −2.2 | −2.5 |
| Net profit | 0.9 | 0.3 | 1.1 | 1.0 | – | 0.5 | −5.0 | −6.8 |
| 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. | 6.1% | 1.2% | 4.9% | 3.8% | – | 2.4% | −45.1% | −83.4% |
Ratios
Standalone, years to March.
| Ratio | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|
| 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. | – | 40.3% | 3.8% | 20.5% | – | – | – | −26.1% |
| 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. | – | 8.7% | 23.2% | 11.1% | – | – | – | – |
| 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. | – | −73.3% | 331.3% | −5.2% | – | – | – | – |
| Interest coverInterest cover. Operating profit after depreciation divided by finance costs: how many times over the profit pays the interest bill. | 2.3 | 1.3 | 1.8 | 1.9 | – | 1.5 | – | – |
Interest cover is left blank for the years to Mar 2014 and Mar 2015: operating profit after depreciation is a loss, and a loss covers no interest bill. Revenue growth is left blank for the year to Mar 2014: 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 2015.
| 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. | −18.4% | – |
| 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. | −10.5% | −18.9% |
| 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. | −30.6% | −42.0% |
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 |
|---|---|---|---|---|---|---|---|---|
| Effective tax rateEffective tax rate. Tax charged as a percentage of profit before tax.Published threshold 17.16 per cent | 33.73 | 57.43 | 15.08 | 32.39 | – | 55.35 | – | – |
A threshold marked as ours has no published figure; it is the line we read the check against.