Radhi Bidhyut's Net Profit rises by 33.97% in Q4; EPS at Rs. 15.64

Tue, Aug 18, 2020 12:40 PM on Latest, Company Analysis,

Radhi Bidhyut Company Limited (RADHI) has published the unaudited fourth-quarter report for FY 2076/2077. As per the report, the net profit of the company increased by 33.97%; stood at Rs. 7.40 crore from Rs. 5.52 crore in the corresponding quarter of the previous year.

The company’s paid-up capital remains at Rs. 47.35 Crores. Similarly, the company’s reserve fund increased by a massive 77.04% reaching to 18.42 crores in Q4 of fiscal year 2076/2077.

The company’s Borrowings decreased by 3.44% and stood at Rs. 49.96 crores till Q4, 2076/2077.

The revenue from the sale of electricity has slightly increased by 9.60%. The revenue stood at Rs. 15.98 crores in the fourth quarter of FY 2076/2077.

The operating profit of the company rose by 32.50% to Rs. 7.54 crores in Q4, 2076/2077. The company sits at a fair liquidity position with a current ratio of 1.36X.

The company’s EPS stands at Rs. 15.64 and Net worth per share at Rs. 138.91. The Qtr End P/E ratio of the company stands at 11.44 times for the end of the fourth quarter.

Click here for Q4 report

Major Highlights:

Particulars ('000)

Radhi Bidhyut Company Limited

Q4, 2076/2077

Q4,2075/2076

Difference

Paid-up capital

473,556.50

473,556.50

-

Reserves and Surplus

184,290.93

104,094.18

77.04%

Plant Property and Equipment

499,614.57

517,405.04

-3.44%

Borrowings

287,437.22

326,290.93

-11.91%

Income from Sale of Electricity

159,835.51

145,829.45

9.60%

Administrative and other Operating Expenses

15,858.47

17,692.27

-10.36%

Finance Costs

45,639.22

41,503.13

9.97%

Operating Profit

75,431.01

56,928.34

32.50%

Net Profit

74,043.07

55,267.90

33.97%

EPS (In Rs.)

15.64

11.67

34.02%

Net worth per share (In Rs.)

138.91

121.98

13.88%

Qtr End Price (In Rs.)

179

-

-

Qtr End P/E Ratio (times)

11.44

-

-

Current Ratio (times)

1.36

-

-