Uniply Industries financials and balance sheet
BSE: 532646Consumer Durables
Trading suspended since 4 May 2021
Last traded ₹4.00 on 3 May 2021
10 years at a glance
Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to March.Uniply Industries annual reports
Revenue, net profit and borrowings, ₹ crore
- Revenue
- Net profit
- Borrowings
- Loss
A loss in the year to Mar 2020, −₹8.49 CrA loss in 3 of the 10 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 2020, the company's revenue for that year, ₹228 Cr, differs from its quarters added, ₹249 Cr.
Results for the year to Mar 2020
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
From revenue to net profit
- Revenue228
- Operating expenses−254
- Operating profit−26
- Depreciation−0.7
- Other income+41
- One-off items−5.1
- Finance costs−17
- Profit before tax−8.2
- Tax−0.3
- Net profit−8.5
Profit and loss
Standalone, ₹ crore, years to March.Uniply Industries quarterly results
| ₹ crore | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 103 | 121 | 122 | 146 | 107 | 136 | 162 | 134 | 172 | 228 |
| Operating expenses. What the business spent to run itself in the period, materials, staff and other costs, before depreciation, interest and tax. | 94 | 111 | 121 | 142 | 96 | 119 | 143 | 121 | 168 | 254 |
| 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. | 80 | 95 | 104 | 120 | 81 | 101 | 120 | 78 | 24 | 49 |
| Employee costsEmployee costs. Salaries, wages, bonuses and other benefits paid to staff in the period. | – | 4 | 8 | 10 | 9 | 11 | 15 | – | – | – |
| Other expensesOther expenses. Every operating cost besides materials and staff: power, rent, freight, repairs, marketing and the like. | – | 12 | 9 | 12 | 6 | 7 | 8 | – | – | – |
| Operating profit before depreciationOperating profit before depreciation (EBITDA). Revenue less operating expenses: what the business earns from its operations before depreciation, interest and tax. | 9 | 11 | 2 | 4 | 11 | 16 | 19 | 13 | 4 | −26 |
| Operating marginOperating margin. Operating profit before depreciation as a percentage of revenue: how much of each rupee of sales is left after running costs. | 8.9% | 8.8% | 1.5% | 3.0% | 10.7% | 12.1% | 11.5% | 9.4% | 2.5% | −11.5% |
| Materials, % of revenueMaterials, % of revenue. Raw materials used and goods bought for resale, adjusted for the change in stock, divided by revenue, times 100. | – | 78.2% | 85.1% | 81.9% | 75.7% | 74.6% | 74.1% | – | – | – |
| Employee costs, % of revenueEmployee costs, % of revenue. Salaries, wages and other staff costs divided by revenue, times 100. | – | 3.4% | 6.3% | 7.0% | 7.9% | 8.1% | 9.2% | – | – | – |
| 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. | – | 9.6% | 7.1% | 8.2% | 5.7% | 5.2% | 5.2% | – | – | – |
| 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 | 1 | 2 | 2 | 2 | 1 | 1 | 1 | 1 |
| Operating profit after depreciationOperating profit after depreciation (EBIT). Operating profit before depreciation, less depreciation and amortisation. | 8 | 9 | 0 | 3 | 10 | 15 | 17 | 12 | 4 | −27 |
| Other incomeOther income. Income from outside the main business, such as interest on deposits, dividends received and gains on investments. | – | – | – | – | – | – | 0 | 6 | 35 | 41 |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. | 5 | 6 | 6 | 7 | 9 | 8 | 7 | 4 | 11 | 17 |
| 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. | 3 | 3 | −6 | −4 | 0 | 7 | 11 | 14 | 27 | −3 |
| 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. | – | – | – | – | – | −1 | – | 11 | 0 | −5 |
| Profit before tax | 3 | 3 | −6 | −4 | 0 | 6 | 11 | 25 | 27 | −8 |
| 1 | 1 | −2 | −1 | 0 | 2 | 4 | 10 | 9 | 0 | |
| Net profit | 2 | 2 | −4 | −3 | 0 | 4 | 7 | 15 | 18 | −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. | 2.0% | 1.7% | −3.3% | −2.0% | 0.4% | 2.8% | 4.5% | 11.1% | 10.7% | −3.7% |
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the years to Mar 2011, Mar 2018, Mar 2019 and Mar 2020 they do not, so they are left blank.
Earlier years, Mar 2008 to Mar 2010
| ₹ crore | Mar 2008 | Mar 2009 | Mar 2010 |
|---|---|---|---|
| Revenue from operations | 103 | 84 | 90 |
| Operating expenses. What the business spent to run itself in the period, materials, staff and other costs, before depreciation, interest and tax. | 101 | 86 | 81 |
| 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. | 88 | 66 | 72 |
| Operating profit before depreciationOperating profit before depreciation (EBITDA). Revenue less operating expenses: what the business earns from its operations before depreciation, interest and tax. | 3 | −3 | 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. | 2.4% | −3.4% | 10.2% |
| 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. | 2 | 3 | 3 |
| Operating profit after depreciationOperating profit after depreciation (EBIT). Operating profit before depreciation, less depreciation and amortisation. | 0 | −6 | 7 |
| Other incomeOther income. Income from outside the main business, such as interest on deposits, dividends received and gains on investments. | 1 | 1 | −3 |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. | 5 | 5 | 5 |
| 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. | 0 | – | – |
| Profit before tax | −4 | −9 | −1 |
| Tax | −1 | −3 | −1 |
| Net profit | −2 | −6 | −3 |
| 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. | −2.2% | −7.2% | −3.8% |
Standalone, ₹ crore, years to March.
Balance sheet
Standalone, ₹ crore, at 31 March. The last column is the half year to Sep 2020, after the latest full year: the balance sheet at its end.
| ₹ crore | Sep 2020Half yearFiled 26 Feb |
|---|---|
| Net worth. What the company owns less everything it owes: the money shareholders have in the business, paid in and kept from profits. | 596 |
| Share capitalShare capital. The face value of all the shares the company has issued. | 34 |
| ReservesReserves. The rest of the shareholders' net worth: profits kept in the business over the years, and money paid for shares above their face value. | 562 |
| Borrowings. Loans, bonds and other money the company has borrowed and must repay with interest. | 119 |
| Liabilities due within a year. Everything the company must pay within twelve months: borrowings falling due, suppliers, and other dues and provisions. | 310 |
| Liabilities due after a year. Everything the company owes that falls due more than twelve months on, borrowings among it. | 109 |
| Total assetsTotal assets. Everything the company owns or controls: plant, investments, stock, money owed by customers and cash. | 1,015 |
| Assets held for longer than a year. Everything the company owns that it does not expect to turn into cash within twelve months: plant, intangibles, long-term investments, loans given and the like. | 702 |
| Assets turning to cash within a year. Everything the company expects to turn into cash or use up within twelve months: stock, money owed by customers, cash and short-term investments. | 313 |
| Net debtNet debt. Borrowings less cash, other bank balances and current investments: what the company would still owe if it used its cash to repay. | 118 |
Borrowings are counted again inside the liabilities due within a year and after a year.
Cash flow
Standalone, ₹ crore, years to March. The last column is the half year to Sep 2020, after the latest full year: the cash flow over its six months.
| ₹ crore | Sep 2020Half yearFiled 26 Feb |
|---|---|
| Cash from operations. Cash the business brought in from its operations in the period, after paying suppliers, staff and tax. | −2.60 |
| Cash generated before tax. Cash from operations before income tax paid: profit before tax, with non-cash items added back and the change in working capital. | 0.01 |
| Change in working capital. Cash taken up, below nought, or released by the change in stock, money owed by customers, money owed to suppliers and other short-term items over the year. | 3.86 |
| ReceivablesChange in receivables. Cash taken up, below nought, or released by the change in what customers owe. | −2.44 |
| PayablesChange in payables. Cash kept, above nought, or paid out by the change in what the company owes suppliers. | 6.30 |
| Interest paidInterest paid, in operations. Interest paid in cash that the company counts in its operations rather than its financing. | −2.60 |
| Capital spendingCapital spending. Cash spent in the period on plant, equipment, buildings and other long-lived assets. | 0.00 |
| Free cash flowFree cash flow. Cash from operations less capital spending: what is left to repay borrowings, pay dividends or keep. | −2.60 |
| Cash from investingCash from investing. Cash spent on, below nought, or received from plant, investments, businesses bought or sold, and interest and dividends received. | 0.00 |
| Cash from financing. Cash raised from, or paid to, lenders and shareholders: borrowings taken and repaid, interest, lease payments, dividends and shares issued or bought back. | 2.61 |
| Dividends paidDividends paid. Cash paid to shareholders as dividends during the period. | 0.00 |
| Shares bought backShares bought back. Cash spent buying the company's own shares back from shareholders. | 0.00 |
| Shares issuedShares issued. Cash raised by selling new shares. | 0.00 |
| Net change in cashNet change in cash. Cash from operations, investing and financing added together: how much cash and cash equivalents rose or fell over the year, before currency effects. | 0.01 |
Capital spending is part of cash from investing, and dividends paid, shares bought back and shares issued are part of cash from financing. Each is shown as an amount on a line of its own, and the section's other items are in its total only.
Ratios
Standalone, years to March.
| Ratio | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 |
|---|---|---|---|---|---|---|---|---|---|---|
| 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. | 14.4% | 18.0% | 1.0% | 19.4% | −26.5% | 26.4% | 19.0% | −17.0% | 28.2% | – |
| 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. | −0.6% | 16.5% | −82.3% | 128.7% | 166.1% | 42.8% | 13.0% | −31.7% | −65.6% | – |
| 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. | – | 4.3% | – | – | – | 874.8% | 92.3% | 104.5% | 22.8% | – |
| 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. | – | – | – | – | – | – | – | 88.8% | −2.9% | – |
| Interest coverInterest cover. Operating profit after depreciation divided by finance costs: how many times over the profit pays the interest bill. | 1.6 | 1.5 | 0.1 | 0.4 | 1.0 | 1.8 | 2.7 | 2.9 | 0.3 | – |
Interest cover is left blank for the year to Mar 2020: operating profit after depreciation is a loss, and a loss covers no interest bill. Revenue growth is left blank for the year to Mar 2020: 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 2020.
| 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. | 9.8% | 16.3% | 12.2% |
| 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. | 5.7% | 4.8% | 0.2% |
| 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. | 2.4% | 5.1% | 6.0% |
| 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 | 1.9 | 1.6 |
Accounting checks
Standalone, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.
| Check | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 |
|---|---|---|---|---|---|---|---|---|---|---|
| Effective tax rateEffective tax rate. Tax charged as a percentage of profit before tax.Published threshold 17.16 per cent | 31.00 | 30.70 | – | – | 15.28 | 32.78 | – | – | – | – |
A threshold marked as ours has no published figure; it is the line we read the check against.