Arun Kabeli reports a massive increment in profitability in Q3; EPS at Rs. 17.09

Thu, Apr 29, 2021 7:48 AM on Latest, Company Analysis,

Arun Kabeli Power Limited (APL) has posted net profit growth of a massive 348.16% in the third quarter (Q3) of the current FY 2077/78. The profit increased to Rs. 20.32 crores in this quarter from Rs. 4.53 crores in the corresponding quarter of the previous year.

AKPL has sold electricity of worth Rs 51.69 crores and collected revenue from other sources worth Rs. 5.42 lakhs by the end of Q3.

Its reserve fund stands at Rs 20.57 crores with share capital at Rs 1.58 Arba. The short-term and long-term borrowings of the company rose to Rs. 3.63 Arba by the end of the third quarter.

The company sits in a liquidity position of 0.77 times. The acceptable ratio is 1.5 times.

Its annualized earning per share stands at Rs. 17.09. The net worth per share at Rs 112.98 and P/E ratio stood at 19.60 times.

Click here for Q3 report

Major Highlights:

Particulars

Arun Kabeli Power Limited

Q3, 2077/2078

Q3, 2076/2077

Difference

Paid-Up Capital

1,585,650.00

1,500,000.00

5.71%

Reserve & Surplus

205,760.14

29,851.66

589.28%

Plant, Property and Equipment

5,274,972.17

54,384.72

9599.36%

Investment in Subsidiary

0.00

0.00

-

Borrowings

3,638,906.85

3,498,307.90

4.02%

Total Income

517,477.87

220,548.54

134.63%

Administrative Expenses

12,954.75

2,705.76

378.78%

Financial Expenses

230,613.63

162,507.04

41.91%

Net Profit

203,293.55

45,362.29

348.16%

Earnings per share (Rs.)

17.09

4.03

323.95%

Net worth per share (Rs.)

112.98

101.99

10.77%

P/E Ratio (times)

19.60

-

-

Current Ratio (times)

0.77

-

-