The Journey of Chilime Hydropower Company Limited (CHCL)- Part 1
Tue, Dec 19, 2017 6:00 AM on Latest, Exclusive, Featured, Stock Market,
Incorporated in 1995 with an objective of taking hydroelectricity generation and optimal utilization of resources hand in hand, Chilime Hydropower Company Limited (CHCL) has come through a long way since its inception. The hydropower company’s ups and downs during its operation have provided it with knowledge and expertise. CHCL which was initially established with paid up capital of Rs 82 crore 56 lakhs at the time of first IPO issuance has now paid up capital worth Rs 3.44 arba. In between this, the company has gone through a roller coaster ride starting from several lock outs in the past to being one of the leading hydropower companies at the present.
The company’s progress today can be aligned to its keen selection of investment portfolio of the hydropower projects and plants. It has been developing three hydropower subsidiaries with aggregate capacity of 270.3 MW. The detailed information regarding the project in terms of installed capacity, cost of the project, location, date of incorporation, status of project, Board of Directors (BOD)s, project completion date and IPO status are:
Chilime also owns and operates 22.1 MW power plant commissioned on August 25, 2003 in Rasuwa district, and sales bulk electricity generated to NEA. The plant generates 150 Gwh of electricity annually.
What has CHCL attained during its operation tenure?
CHCL has attained a tremendous growth since last eight years. In terms of paid up capital, the company has increased 372.57% of its capital in the last eight years. The paid up capital as of FY 2073/74 is Rs 3.44 arba. Similarly, the company has also shown an increment in its reserve fund by 1.79 times (i.e. 79.56%) in the last eight years. The reserve and surplus of CHCL amounts to Rs 4.93 arba. Finally, the net profit of the company seems to fluctuating throughout last eight years. However, the net profit has increased by 24.29% in these years (i.e. Rs 96.63 crore as of FY 2073/74). With the commencement of other new subsidiaries under CHCL, the stakeholders of the hydro power company have high hopes that the company will see rapid growth in the days to come.
The sale of electricity in CHCL has seen a growth of 35% from FY 2066/67 to FY 2073/74. As of 2073/74 the sales of the company stands at Rs 1.19 arba.
Despite of the increasing net profit and sales of the company, the EPS, PE ratio and net worth per share are seen to be shrinking downwards. As of last FY 2073/74, the company’s EPS, PE ratio and Net worth per share amounts to Rs 28.03, Rs 28.47 and Rs 243.14 respectively. With the declining ratio, the company should be worried about the investor’s confidence in its financial position.
The average price of the shares of CHCL has been increasing from FY 2067/68 to FY 2071/72. However, in regards to the transaction volume, it has been seen increasing from FY 2067/68 to FY 2070/71 but decreasing in the FY 2071/72. The average price in the FY 2072/73 was Rs 1370.41 and average volume was 22,46,731 kitta, average price and volume in the FY 2073/74 was Rs 991.25 and 18,97,793 kitta and average price and volume till Mangsir 2074 was Rs 821.38 and 13,75,641 kitta.
CHCL has been satisfying its shareholders in terms of return. The company has been providing lucrative dividend from the profit it has earned to the shareholders. As of 2073/74, CHCL provided 25% dividend where 15% constituted of bonus share while 10% was cash dividend. Recently, Chilime Hydropower Company also distributed 10% cash dividend directly in the bank accounts of its shareholders on 27th Mangsir, 2074.
The provided information offers us an insight on how the company has been doing throughout its operation. In order to know, how the company did the first quarter of FY 2074/75, don’t forget to check our website tomorrow.
Chilime also owns and operates 22.1 MW power plant commissioned on August 25, 2003 in Rasuwa district, and sales bulk electricity generated to NEA. The plant generates 150 Gwh of electricity annually.
What has CHCL attained during its operation tenure?
CHCL has attained a tremendous growth since last eight years. In terms of paid up capital, the company has increased 372.57% of its capital in the last eight years. The paid up capital as of FY 2073/74 is Rs 3.44 arba. Similarly, the company has also shown an increment in its reserve fund by 1.79 times (i.e. 79.56%) in the last eight years. The reserve and surplus of CHCL amounts to Rs 4.93 arba. Finally, the net profit of the company seems to fluctuating throughout last eight years. However, the net profit has increased by 24.29% in these years (i.e. Rs 96.63 crore as of FY 2073/74). With the commencement of other new subsidiaries under CHCL, the stakeholders of the hydro power company have high hopes that the company will see rapid growth in the days to come.
The sale of electricity in CHCL has seen a growth of 35% from FY 2066/67 to FY 2073/74. As of 2073/74 the sales of the company stands at Rs 1.19 arba.
Despite of the increasing net profit and sales of the company, the EPS, PE ratio and net worth per share are seen to be shrinking downwards. As of last FY 2073/74, the company’s EPS, PE ratio and Net worth per share amounts to Rs 28.03, Rs 28.47 and Rs 243.14 respectively. With the declining ratio, the company should be worried about the investor’s confidence in its financial position.
The average price of the shares of CHCL has been increasing from FY 2067/68 to FY 2071/72. However, in regards to the transaction volume, it has been seen increasing from FY 2067/68 to FY 2070/71 but decreasing in the FY 2071/72. The average price in the FY 2072/73 was Rs 1370.41 and average volume was 22,46,731 kitta, average price and volume in the FY 2073/74 was Rs 991.25 and 18,97,793 kitta and average price and volume till Mangsir 2074 was Rs 821.38 and 13,75,641 kitta.
CHCL has been satisfying its shareholders in terms of return. The company has been providing lucrative dividend from the profit it has earned to the shareholders. As of 2073/74, CHCL provided 25% dividend where 15% constituted of bonus share while 10% was cash dividend. Recently, Chilime Hydropower Company also distributed 10% cash dividend directly in the bank accounts of its shareholders on 27th Mangsir, 2074.
The provided information offers us an insight on how the company has been doing throughout its operation. In order to know, how the company did the first quarter of FY 2074/75, don’t forget to check our website tomorrow.
