Volant Textile Mills (Delisted) financials and balance sheet
BSE: 531865
Last traded ₹0.49 on 2 Feb 2015
Delisted on 11 May 2018.
6 years at a glance
Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to March.Volant Textile Mills annual reports
Revenue, net profit and borrowings, ₹ crore
- Revenue
- Net profit
- Borrowings
- Loss
Peak revenue ₹31 Cr, year to Mar 2013A loss in the year to Mar 2013, −₹0.92 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.
Results for the year to Mar 2013
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
From revenue to net profit
- Revenue31
- Materials and goods−27
- Employee costs−1.2
- Other expenses−1.7
- Operating profit0.5
- Depreciation−1.2
- Finance costs−0.2
- Profit before tax−0.9
- Net profit−0.9
Profit and loss
Standalone, ₹ crore, years to March.Volant Textile Mills quarterly results
| ₹ crore | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 |
|---|---|---|---|---|---|---|
| Revenue from operations | 2.9 | 9.2 | 15.3 | 18.9 | 21.8 | 30.7 |
| Operating expenses. What the business spent to run itself in the period, materials, staff and other costs, before depreciation, interest and tax. | 3.2 | 9.3 | 14.3 | 17.0 | 19.9 | 30.2 |
| 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. | 1.2 | 6.6 | 2.0 | – | – | 27.3 |
| Employee costsEmployee costs. Salaries, wages, bonuses and other benefits paid to staff in the period. | – | – | – | – | – | 1.2 |
| Other expensesOther expenses. Every operating cost besides materials and staff: power, rent, freight, repairs, marketing and the like. | – | – | – | – | – | 1.7 |
| Operating profit before depreciationOperating profit before depreciation (EBITDA). Revenue less operating expenses: what the business earns from its operations before depreciation, interest and tax. | −0.3 | −0.1 | 1.0 | 1.9 | 1.9 | 0.5 |
| Operating marginOperating margin. Operating profit before depreciation as a percentage of revenue: how much of each rupee of sales is left after running costs. | −10.4% | −0.7% | 6.8% | 10.1% | 8.5% | 1.7% |
| Materials, % of revenueMaterials, % of revenue. Raw materials used and goods bought for resale, adjusted for the change in stock, divided by revenue, times 100. | – | – | – | – | – | 88.9% |
| Employee costs, % of revenueEmployee costs, % of revenue. Salaries, wages and other staff costs divided by revenue, times 100. | – | – | – | – | – | 4.0% |
| 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. | – | – | – | – | – | 5.4% |
| 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. | 1.0 | 1.1 | 1.2 | 1.2 | 1.2 | 1.2 |
| Operating profit after depreciationOperating profit after depreciation (EBIT). Operating profit before depreciation, less depreciation and amortisation. | −1.3 | −1.2 | −0.1 | 0.7 | 0.6 | −0.7 |
| Other incomeOther income. Income from outside the main business, such as interest on deposits, dividends received and gains on investments. | 0.1 | 0.3 | 0.3 | 0.1 | 0.2 | – |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. | 0.3 | 0.2 | 0.1 | 0.1 | 0.3 | 0.2 |
| 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. | 0.0 | – | – | – | – | – |
| Profit before tax | −1.5 | −1.0 | 0.0 | 0.7 | 0.5 | −0.9 |
| Tax | 0.0 | 0.0 | – | – | – | – |
| Net profit | 22.9 | −1.1 | 0.0 | 0.7 | 0.5 | −0.9 |
| 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. | 788.8% | −11.4% | 0.0% | 3.6% | 2.3% | −3.0% |
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the years to Mar 2008, Mar 2009, Mar 2010, Mar 2011 and Mar 2012 they do not, so they are left blank.
Ratios
Standalone, years to March.
| Ratio | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 |
|---|---|---|---|---|---|
| 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. | 217.8% | 66.2% | 23.1% | 15.3% | 41.0% |
| 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. | – | – | 82.8% | −2.9% | −72.1% |
| 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. | – | – | 22,266.7% | −24.7% | – |
| Interest coverInterest cover. Operating profit after depreciation divided by finance costs: how many times over the profit pays the interest bill. | – | – | 13.3 | 2.1 | – |
Interest cover is left blank for the years to Mar 2008, Mar 2009, Mar 2010 and Mar 2013: 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 2013.
| 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. | 60.3% | 26.0% |
| 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% | 6.8% |
| 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. | −1.7% | 1.0% |
| 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. | – | 7.7 |