Upper Ganges Sugar Industries (Delisted) financials and balance sheet
BSE: 530505
Last traded ₹377.70 on 22 Mar 2017
Delisted on 8 Jan 2018.
9 years at a glance
Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to June, then March.Upper Ganges Sugar Industries annual reports
Revenue, net profit and borrowings, ₹ crore
- Revenue
- Net profit
- Borrowings
- Loss
Peak revenue ₹853 Cr, year to Mar 2015Back to profit in the year to Mar 2016, ₹11 Cr
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 company moved its year end from June to March: its last year to June on record ended in Jun 2012, its first year to March in Mar 2014. The 9 months to Mar 2013 between them are one changeover period, not a year, and the yearly charts leave it out.
Results for the year to Mar 2016
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
From revenue to net profit
- Revenue837
- Operating expenses−761
- Operating profit76
- Depreciation−14
- Other income+3.8
- Finance costs−56
- Profit before tax10.0
- Tax+1.2
- Net profit11
Profit and loss
Standalone, ₹ crore, years to June, then March. A column marked with its months is a changeover year, when the company moved its year end: it is not a twelve-month year.Upper Ganges Sugar Industries quarterly results
| ₹ crore | Jun 2008 | Jun 2009 | Jun 2010 | Jun 2011 | Jun 2012 | Mar 20139 months | Mar 2014 | Mar 2015 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 299 | 436 | 401 | 640 | 710 | 512 | 784 | 853 | 837 |
| Operating expenses. What the business spent to run itself in the period, materials, staff and other costs, before depreciation, interest and tax. | 265 | 360 | 389 | 579 | – | 434 | 725 | 859 | 761 |
| 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. | 215 | 197 | 379 | 405 | 614 | 339 | 611 | 120 | −28 |
| Operating profit before depreciationOperating profit before depreciation (EBITDA). Revenue less operating expenses: what the business earns from its operations before depreciation, interest and tax. | 34 | 76 | 12 | 61 | – | 78 | 59 | −6 | 76 |
| Operating marginOperating margin. Operating profit before depreciation as a percentage of revenue: how much of each rupee of sales is left after running costs. | 11.3% | 17.5% | 2.9% | 9.6% | – | 15.2% | 7.5% | −0.7% | 9.1% |
| 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. | 21 | 26 | 26 | 26 | – | 20 | 27 | 17 | 14 |
| Operating profit after depreciationOperating profit after depreciation (EBIT). Operating profit before depreciation, less depreciation and amortisation. | 13 | 50 | −15 | 35 | – | 58 | 31 | −23 | 62 |
| Other incomeOther income. Income from outside the main business, such as interest on deposits, dividends received and gains on investments. | 8 | 0 | 1 | 1 | 6 | 10 | 5 | 3 | 4 |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. | 30 | 42 | 43 | 54 | 62 | 46 | 67 | 65 | 56 |
| 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. | – | 8 | −57 | −17 | −17 | 23 | −31 | −85 | 10 |
| 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. | – | – | – | – | −19 | – | – | – | – |
| Profit before tax | −9 | 8 | −57 | −17 | −36 | 23 | −31 | −85 | 10 |
| −2 | 2 | −18 | −5 | −12 | 10 | −12 | −30 | −1 | |
| Net profit | −6 | 6 | −39 | −12 | −23 | 13 | −19 | −55 | 11 |
| 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. | −2.1% | 1.4% | −9.7% | −1.9% | −3.3% | 2.5% | −2.5% | −6.5% | 1.3% |
Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the year to Jun 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 June, then March. A column marked with its months is a changeover year, when the company moved its year end: it is not a twelve-month year. A ratio that sets its sales or profit against the balance sheet is left blank for it.
| Ratio | Jun 2008 | Jun 2009 | Jun 2010 | Jun 2011 | Jun 2012 | Mar 20139 months | Mar 2014 | Mar 2015 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|
| 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. | – | 46.0% | −8.0% | 59.6% | 11.0% | – | – | 8.8% | −1.8% |
| 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. | – | 125.9% | −84.8% | 429.6% | – | – | – | – | – |
| Interest coverInterest cover. Operating profit after depreciation divided by finance costs: how many times over the profit pays the interest bill. | 0.4 | 1.2 | – | 0.7 | – | 1.3 | 0.5 | – | 1.1 |
Interest cover is left blank for the years to Jun 2010 and Mar 2015: 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 2016.
| Measure | 3 years |
|---|---|
| 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. | 5.3% |
| 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. | −2.5% |
| 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. | 0.8 |
Accounting checks
Standalone, years to June, then March. Published tests of whether reported profit is backed by cash and the balance sheet.
| Check | Jun 2009 | Jun 2010 | Jun 2011 | Jun 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|
| Effective tax rateEffective tax rate. Tax charged as a percentage of profit before tax.Published threshold 17.16 per cent | 25.47 | – | – | – | – | – | – | – |
A threshold marked as ours has no published figure; it is the line we read the check against.