Monnet Ispat & Energy Financial Statements

Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar Mar-2020 Mar-2017 Mar-2016 Mar-2015
Growth matrix (%)        
Revenue growth 113 (33) (43) 40.80
Op profit growth (89) (13) (659) (78)
EBIT growth (67) (4.70) 448 (144)
Net profit growth (77) 11.70 123 (2,414)
Profitability ratios (%)        
OPM (1.80) (33) (25) 2.59
EBIT margin (9) (59) (42) (4.30)
Net profit margin (19) (172) (103) (26)
RoCE (3.20) (6.30) (5.60) (1)
RoNW 57.30 89.60 (38) (8.50)
RoA (1.70) (4.60) (3.50) (1.50)
Per share ratios ()        
EPS -- -- -- --
Dividend per share -- -- -- --
Cash EPS (15) (124) (113) (174)
Book value per share 25 (80) 20.60 314
Valuation ratios        
P/E -- -- -- --
P/CEPS (0.60) (0.30) (0.20) (0.30)
P/B 0.67 (0.40) 1.08 0.17
EV/EBIDTA (160) (35) (30) 84.50
Payout (%)        
Dividend payout -- -- -- --
Tax payout -- 0.27 -- (24)
Liquidity ratios        
Debtor days 10.30 31.20 55.60 48.70
Inventory days 87 153 166 119
Creditor days (33) (65) (95) (83)
Leverage ratios        
Interest coverage 0.94 0.64 0.72 0.21
Net debt / equity 2.35 (7.60) 28.40 5.92
Net debt / op. profit (60) (30) (25) 146
Cost breakup ()        
Material costs (74) (87) (91) (72)
Employee costs (4.40) (8.80) (8.70) (6.40)
Other costs (24) (37) (26) (19)
Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar( In .Cr) Mar-2020 Mar-2017 Mar-2016 Mar-2015
Revenue 2,638 1,238 1,843 3,242
yoy growth (%) 113 (33) (43) 40.80
Raw materials (1,943) (1,074) (1,669) (2,336)
As % of sales 73.70 86.70 90.50 72
Employee costs (117) (109) (160) (206)
As % of sales 4.43 8.78 8.68 6.36
Other costs (624) (464) (484) (616)
As % of sales 23.70 37.40 26.20 19
Operating profit (46) (408) (469) 83.90
OPM (1.80) (33) (25) 2.59
Depreciation (219) (360) (364) (288)
Interest expense (253) (1,134) (1,067) (670)
Other income 26.30 37.30 66.50 64.70
Profit before tax (492) (1,864) (1,834) (810)
Taxes -- (5.10) 0.69 194
Tax rate -- 0.27 -- (24)
Minorities and other 0.12 2.74 10.30 12.40
Adj. profit (492) (1,867) (1,823) (604)
Exceptional items -- (263) (84) (253)
Net profit (492) (2,130) (1,907) (857)
yoy growth (%) (77) 11.70 123 (2,414)
NPM (19) (172) (103) (26)
Switch to
Tabular Data
Graph
Y/e 31 Mar ( In .Cr) Mar-2020 Mar-2017 Mar-2016 Mar-2015
Profit before tax (492) (1,864) (1,834) (810)
Depreciation (219) (360) (364) (288)
Tax paid -- (5.10) 0.69 194
Working capital (947) (3,681) (1,446) (438)
Other operating items -- -- -- --
Operating cashflow (1,657) (5,910) (3,644) (1,343)
Capital expenditure 6,373 6,036 5,902 2,919
Free cash flow 4,715 126 2,258 1,577
Equity raised 3,679 2,822 4,651 5,394
Investments (135) (63) 52.20 (7.10)
Debt financing/disposal 1,581 9,927 6,675 3,519
Dividends paid -- -- -- --
Other items -- -- -- --
Net in cash 9,841 12,812 13,637 10,482
Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar ( In .Cr) Mar-2020 Mar-2019 Mar-2018 Mar-2017
Equity capital 470 470 201 201
Preference capital 526 526 149 --
Reserves 177 698 (3,478) (1,802)
Net worth 1,173 1,694 (3,129) (1,602)
Minority interest
Debt 2,921 2,475 8,653 12,262
Deferred tax liabilities (net) -- -- -- --
Total liabilities 4,093 4,169 5,524 10,775
Fixed assets 3,491 3,560 6,362 12,168
Intangible assets
Investments 0.75 0.99 572 46.20
Deferred tax asset (net) -- -- -- --
Net working capital 435 394 (1,514) (1,536)
Inventories 859 738 321 399
Inventory Days 119 -- -- 118
Sundry debtors 51.80 33 60.70 97.10
Debtor days 7.16 -- -- 28.60
Other current assets 232 212 889 966
Sundry creditors (277) (285) (161) (202)
Creditor days 38.30 -- -- 59.70
Other current liabilities (430) (305) (2,624) (2,796)
Cash 166 214 103 97.10
Total assets 4,093 4,169 5,524 10,775
Switch to
Consolidated
Standalone


Particulars ( Rupees In Crores.) Mar-2020 Mar-2019 Mar-2018 Mar-2017 Mar-2016
Gross Sales 2,608 1,872 1,411 1,375 2,041
Excise Duty -- -- 35.80 137 198
Net Sales 2,608 1,872 1,375 1,238 1,843
Other Operating Income 30.40 7.06 8.16 -- --
Other Income 26.30 27 13.10 37.30 66.50
Total Income 2,664 1,906 1,396 1,275 1,910
Total Expenditure ** 2,684 4,736 1,607 1,909 2,397
PBIDT (20) (2,829) (211) (634) (487)
Interest 253 445 1,193 1,134 1,067
PBDT (273) (3,275) (1,404) (1,768) (1,554)
Depreciation 219 278 355 360 364
Minority Interest Before NP -- -- -- -- --
Tax -- -- -- 5.06 (0.70)
Deferred Tax -- -- -- -- --
Reported Profit After Tax (492) (3,552) (1,759) (2,132) (1,917)
Minority Interest After NP (0.10) (0.10) -- -- --
Net Profit after Minority Interest (492) (3,552) (1,759) (2,132) (1,917)
Extra-ordinary Items -- (2,856) (264) (262) (84)
Adjusted Profit After Extra-ordinary item (492) (696) (1,496) (1,870) (1,833)
EPS (Unit Curr.) (10) (97) (88) (106) (95)
Book Value (Unit Curr.) -- -- -- -- --
Dividend (%) -- -- -- -- --
Equity 470 470 201 201 201
Public Shareholding (Number) -- -- -- -- --
Public Shareholding (%) -- -- -- -- --
Pledged/Encumbered - No. of Shares -- -- -- -- --
Pledged/Encumbered - % in Total Promoters Holding -- -- -- -- --
Pledged/Encumbered - % in Total Equity -- -- -- -- --
Non Encumbered - No. of Shares -- -- -- -- --
Non Encumbered - % in Total Promoters Holding -- -- -- -- --
Non Encumbered - % in Total Equity -- -- -- -- --
PBIDTM(%) (0.80) (151) (15) (51) (26)
PBDTM(%) (10) (175) (102) (143) (84)
PATM(%) (19) (190) (128) (172) (104)