Commercial Operation of Himalayan Power yet to start; No revenue in this quarter as well
Tue, Sep 15, 2020 9:35 AM on Latest, Company Analysis,
Himalayan Power Partner Limited (HPPL) has published the unaudited fourth-quarter report for FY 2076/2077. As per the report, the company’s main project located in Lamjung District “Dordi Khola” (27 MW) is under under-construction which is why the company hasn’t reported any revenue in this quarter.
As per the management, although they have been studying other projects, their main focus will be on the completion of the current project in Dordi Khola (27 MW).
The company’s paid-up capital remains at Rs. 1.06 Arba.
The company’s borrowings increased to Rs. 2.56 Arba by 36.17% in Q4 of fiscal year 2076/2077. The company sits at liquidity of 5.78X.
The company reported a net worth per share of Rs. 100. The company traded at a price to book of 1.32 times as per the quarterly report.
|
Particulars ('000) |
Himalayan Power Partner Limited |
||
|---|---|---|---|
|
Q4, 2076/2077 |
Q4,2075/2076 |
Difference |
|
|
Paid-up capital |
1,065,417.00 |
1,065,417.00 |
- |
|
Reserve Fund |
- |
- |
- |
|
Plant Property and Equipment |
21,288.42 |
23,045.71 |
-7.63% |
|
Borrowings |
2,561,676.88 |
1,881,239.86 |
36.17% |
|
Income from Sale of Electricity |
- |
- |
- |
|
Administrative and other Operating Expenses |
- |
- |
- |
|
Finance Costs |
- |
- |
- |
|
Operating Profit/(Loss) |
- |
- |
- |
|
Net Profit/(Loss) |
- |
- |
- |
|
EPS (In Rs.) |
- |
- |
- |
|
Net worth per share (In Rs.) |
100.00 |
100.00 |
- |
|
Qtr End Price (In Rs.) |
- |
- |
- |
|
Qtr End P/E Ratio (times) |
132.00 |
- |
- |
|
Current Ratio (times) |
5.78 |
9.54 |
- |
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