Decline in Revenue Leads To Decline in Net Profit for Nepal Hydro in Q3
Tue, Jun 15, 2021 10:04 AM on Latest, Company Analysis,
Nepal Hydro Developer Limited (NHDL) has reported a decline in net profit by 65.04% in the third quarter (Q3) of the current FY 2077/78. The profit decreased to Rs. 1.12 crores in this quarter from Rs. 3.22 crores in the corresponding quarter of the previous year.
NHDL has sold electricity worth Rs. 6.03 crores and collected revenue from other sources worth Rs. 3.44 lakhs by the end of Q3.
Its reserve fund stands at Rs. 1.95 crores with share capital at Rs 29.90 crores.
The company sits in a fair liquidity position of 1.59 times. The acceptable ratio is 1.5 times.
Its annualized earning per share stands at Rs. 5.02. The net worth per share at Rs 106.53 and the P/E ratio stood at 64.72 times.
Major Highlights:
|
Particulars |
Nepal Hydro Developer Limited |
||
|---|---|---|---|
|
Q3, 2077/2078 |
Q3, 2076/2077 |
Difference |
|
|
Paid-Up Capital |
299,000.00 |
260,000.00 |
15.00% |
|
Reserve & Surplus |
19,515.00 |
52,929.00 |
-63.13% |
|
Plant and Property |
981.00 |
1,143.00 |
-14.17% |
|
Intangible Assets |
470,816.00 |
489,241.00 |
-3.77% |
|
Borrowings |
192,069.00 |
260,000.00 |
-26.13% |
|
Revenue |
60,375.00 |
86,976.00 |
-30.58% |
|
Administrative Expenses |
758.00 |
1,786.00 |
-57.56% |
|
Financial Expenses |
16,476.00 |
25,341.00 |
-34.98% |
|
Net Profit |
11,261.77 |
32,213.00 |
-65.04% |
|
Earnings per share (Rs.) |
5.02 |
16.52 |
- |
|
Net worth per share (Rs.) |
106.53 |
120.36 |
-11.49% |
|
P/E Ratio (times) |
64.72 |
- |
- |
|
Current Ratio (times) |
1.59 |
- |
- |
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