Zenith Computers financials and balance sheet
BSE: 517164IT - Hardware
Trading suspended since 21 Jun 2018
Last traded ₹0.90 on 18 Jun 2018
10 years at a glance
Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to March.Zenith Computers annual reports
Revenue, net profit and borrowings, ₹ crore
- Revenue
- Net profit
- Borrowings
- Loss
Peak revenue ₹325 Cr, year to Mar 2008A loss in 5 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.
Results for the year to Mar 2017
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
From revenue to net profit
- Revenue0.7
- Operating expenses−1.1
- Operating profit−0.4
- Depreciation−2.3
- Other income0.0
- Finance costs−1.3
- Profit before tax−4.0
- Net profit−4.0
Profit and loss
Standalone, ₹ crore, years to March.Zenith Computers quarterly results
| ₹ crore | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 325 | 311 | 277 | 204 | 189 | 107 | 82 | 24 | 2 | 1 |
| Operating expenses. What the business spent to run itself in the period, materials, staff and other costs, before depreciation, interest and tax. | 298 | 296 | 267 | 186 | 176 | 129 | 118 | 47 | 6 | 1 |
| 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. | 236 | 238 | 224 | 154 | – | – | – | – | – | – |
| Operating profit before depreciationOperating profit before depreciation (EBITDA). Revenue less operating expenses: what the business earns from its operations before depreciation, interest and tax. | 27 | 15 | 10 | 18 | 13 | −22 | −36 | −24 | −4 | 0 |
| Operating marginOperating margin. Operating profit before depreciation as a percentage of revenue: how much of each rupee of sales is left after running costs. | 8.4% | 4.9% | 3.6% | 8.6% | 7.0% | −20.8% | −43.3% | −98.8% | −267.1% | −56.7% |
| 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. | 16 | 10 | 6 | 12 | 2 | 1 | 1 | 1 | 2 | 2 |
| Operating profit after depreciationOperating profit after depreciation (EBIT). Operating profit before depreciation, less depreciation and amortisation. | 11 | 5 | 4 | 6 | 12 | −23 | −37 | −25 | −7 | −3 |
| Other incomeOther income. Income from outside the main business, such as interest on deposits, dividends received and gains on investments. | 0 | 0 | 1 | 1 | 0 | 1 | 1 | 1 | 0 | 0 |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. | 7 | 4 | 3 | 3 | 10 | 11 | 7 | 8 | 3 | 1 |
| 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. | – | 1 | 2 | 3 | 2 | −34 | −43 | −32 | −9 | −4 |
| 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 | 1 | 2 | 3 | 2 | −34 | −43 | −32 | −9 | −4 |
| Tax | 1 | 0 | 0 | 0 | 0 | – | – | – | – | – |
| Net profit | 3 | 1 | 2 | 2 | 2 | −34 | −43 | −32 | −9 | −4 |
| 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. | 1.0% | 0.4% | 0.7% | 1.1% | 0.9% | −31.6% | −52.1% | −134.0% | −554.4% | −600.4% |
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the years to Mar 2012, Mar 2013, Mar 2014, Mar 2015, Mar 2016 and Mar 2017 they do not, so they are left blank.
Ratios
Standalone, years to March.
| Ratio | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| 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. | – | −4.4% | −10.8% | −26.4% | −7.2% | −43.4% | −23.2% | −71.1% | −93.0% | −59.5% |
| 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. | – | −44.2% | −34.6% | 76.1% | −25.0% | – | – | – | – | – |
| 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. | – | −65.0% | 88.0% | 10.6% | −23.7% | – | – | – | – | – |
| Interest coverInterest cover. Operating profit after depreciation divided by finance costs: how many times over the profit pays the interest bill. | 1.5 | 1.4 | 1.7 | 1.7 | 1.2 | – | – | – | – | – |
Interest cover is left blank for the years to Mar 2013, Mar 2014, Mar 2015, Mar 2016 and Mar 2017: 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 2017.
| 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. | – | −67.6% | −79.9% |
| 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. | −45.4% | −97.3% | −140.9% |
| 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. | −136.9% | −274.5% | −429.6% |
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 | Mar 2016 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Effective tax rateEffective tax rate. Tax charged as a percentage of profit before tax.Published threshold 17.16 per cent | 17.71 | 25.90 | 17.01 | 16.82 | 17.08 | – | – | – | – | – |
A threshold marked as ours has no published figure; it is the line we read the check against.