Arun Valley Hydropower Reports Growth In Major Profitablity Indicators In Q2

Mon, Jan 31, 2022 8:42 AM on Company Analysis, Latest,

Arun Valley Hydropower Development Company Limited (AHPC) has published the unaudited second-quarter report for FY 2078/2079. As per the report, the net profit of the company increased to Rs. 7.49 crores from Rs. 6.80 crores in the corresponding quarter of the previous year.

The company’s paid-up capital increased to Rs. 1.72 arba. Similarly, the company has Rs. 13.52 crores as reserves.

The company earned Rs. 4.02 Crores from the sale of electricity and Rs. 7.18 crores from other income in Q2.

The company sits at a liquidity position of 0.64 times. The acceptable ratio is 1.5 times.

The annualized EPS of the company stood at Rs. 8.66 and Net worth per share stood at Rs. 107.82. The company quarter-end P/E ratio stands at 57.82 times.

Click here for the Q2 report

Financial Highlights:

Particulars

Arun Valley Hydropower Development Company Limited

Q2, 2078/2079

Q2, 2077/2078

Difference

Paid-Up Capital

1,729,595.00

998,323.20

-

Reserve & Surplus

135,226.03

144,365.54

-6.33%

Plant, Property and Equipment

260,713.88

278,177.09

-6.28%

Capital Work in Progress

1,870,042.39

401,980.44

365.21%

Borrowings

1,125,219.42

212,416.41

-

Revenue from power sales

40,269.69

30,433.85

32.32%

Administrative Expenses

3,800.66

1,000.09

280.03%

Other Income

71,843.58

65,309.91

10.00%

Net Profit

74,927.02

68,053.08

10.10%

Earnings per share (Rs.)

8.66

13.63

-

Net worth per share (Rs.)

107.82

114.46

-

P/E Ratio (times)

57.82

-

-

Current Ratio (times)

0.64

-

-