Arun Kabeli reported massive growth in Net profit in Q2; EPS at Rs.24.36

Wed, Feb 3, 2021 7:18 AM on Company Analysis, Latest,

Arun Kabeli Power Limited (APL) has posted net profit growth of massive 326.11% in the second quarter (Q2) of the current FY 2077/78. The profit increased to Rs. 18.26 crores in this quarter from Rs. 4.28 crores in the corresponding quarter of previous year.

AKPL has sold electricity of worth Rs 38.85 crores and collected revenue from other sources worth Rs. 3.53 lakhs by the end of Q2.

Its reserve fund stands at Rs 27.51 crores with share capital at Rs 1.50 Arba. The short-term and long-term borrowings of the company rose to Rs. 3.60 Arba by the end of the second quarter.

The company sits in a fair liquidity position of 1.00 times. The acceptable ratio is 1.5 times.

Its annualized earning per share stands at Rs. 24.36. The net worth per share at Rs 118.34 and P/E ratio stood at 11.37 times.

Click here for Q2 report

Major Highlights:

Particulars

Arun Kabeli Power Limited

Q2, 2077/2078

Q2, 2076/2077

Difference

Paid-Up Capital

1,500,000.00

1,500,000.00

-

Reserve & Surplus

275,152.59

27,362.66

905.58%

Plant, Property and Equipment

5,273,361.85

54,636.75

9551.68%

Borrowings

3,605,677.91

3,499,606.22

3.03%

Total Income

388,929.33

113,541.28

242.54%

Administrative Expenses

9,491.39

1,192.45

695.95%

Financial Expenses

150,734.52

64,757.62

132.77%

Net Profit

182,686.00

42,873.29

326.11%

Earnings per share (Rs.)

24.36

5.72

-

Net worth per share (Rs.)

118.34

101.82

-

P/E Ratio (times)

11.37

-

-

Current Ratio (times)

1.00

-

-