Super Madi Hydropower’s Net Profit Surges 55.92% to Rs. 17.44 Crore in Q1
Thu, Nov 5, 2026 9:12 AM on Financial Analysis, Highlight News, Company Analysis,
Super Madi Hydropower Limited (SMHL) has released its first-quarter financial results for FY 2083/84, reporting a 55.92% increase in net profit, despite a decline in operating revenue, supported by a significant reduction in financial costs.
The company’s paid-up capital increased by 20.75% to Rs. 2.66 Arba from Rs. 2.21 Arba in the corresponding quarter of the previous fiscal year. Similarly, reserves increased by 1.47% to Rs. 25.71 Crore from Rs. 25.34 Crore, while retained earnings remained unchanged at nil. Property, plant, and equipment stood at Rs. 79.23 Arba, reflecting a 5.36% decline from Rs. 83.72 Arba in Q1 FY 2082/83.
Revenue from operations declined by 3.55% to Rs. 38.15 Crore from Rs. 39.56 Crore in the corresponding period. Meanwhile, the company’s financial costs fell significantly by 44.81% to Rs. 10.27 Crore from Rs. 18.61 Crore.
However, other operating costs surged by 251.11% to Rs. 1.91 Crore from Rs. 54.45 lakh in the corresponding quarter.
Despite the decline in operating revenue and rise in other operating costs, the substantial reduction in financial costs helped boost the company’s profitability. As a result, net profit increased by 55.92% to Rs. 17.45 Crore from Rs. 11.19 Crore in Q1 FY 2082/83.
The company’s annualized earnings per share (EPS) increased by 29.13% to Rs. 26.21 from Rs. 20.30. However, net worth per share declined by 1.65% to Rs. 109.66 from Rs. 111.49.
At the end of Q1 FY 2083/84, the company’s price-to-earnings (P/E) ratio stood at 18.47 times, while its quarter-end market price was Rs. 484 per share.
* Figures are of Immediate Previous Year Quarter Ending
Major Highlights:
| Particulars (In Rs '000) | Super Madi Hydropower Limited (SMHL) | ||
| Q1 2083/84 | Q1 2082/83 | Difference | |
| Paid Up Capital | 2,662,537.50 | 2,205,000.00 | 20.75% |
| Retained Earnings | 0.00 | 0.00 | 0.00% |
| Reserves | 257,094.52 | 253,376.06 | 1.47% |
| Property, Plant & Equipment (NET) | 7,923,467.84 | 8,371,975.04 | -5.36% |
| Revenue from Operation | 381,503.26 | 395,563.14 | -3.55% |
| Financial Costs | 102,678.46 | 186,050.45 | -44.81% |
| Other Operating Costs | 19,118.90 | 5,445.24 | 251.11% |
| Net Profit | 174,452.48 | 111,884.28 | 55.92% |
| Annualized EPS (In Rs.) | 26.21 | 20.30 | 29.13% |
| Net Worth per Share (In Rs.) | 109.66 | 111.49 | -1.65% |
| Qtr end PE Ratio (times) | 18.47 | - | - |
| Qtr End Market Price | 484 | - | - |
