Despite decline in revenue by small margin in Q3 United Modi reports satisfactory increment in Net profit
Fri, May 14, 2021 7:10 AM on Latest, Financial Analysis,
United Modi Hydropower Limited (UMHL) has posted net profit growth of 30.60% in the third quarter (Q3) of the current FY 2077/78. The profit increased to Rs. 5.27 crores in this quarter from Rs. 4.04 crores in the corresponding quarter of the previous year.
The company reported revenue from operation of Rs. 22.63 crores in this quarter; a decline by a meager 3.77% compared to the corresponding quarter of the previous year.
Its reserve fund stands at Rs. 6.57 crores with share capital at Rs 1.15 Arba. The borrowings of the company stand at Rs 46.27 crores by the end of the third quarter.
The company sits in a liquidity position of 2.57 times; however, the acceptable liquidity ratio is 1.5 times.
Its annualized earning per share stands at Rs 6.12, net worth per share at Rs 105.72, and P/E ratio stood at 30.40 times.
Major Highlights:
|
Particulars |
United Modi Hydropower Limited |
||
|---|---|---|---|
|
Q3, 2077/2078 |
Q3, 2076/2077 |
Difference |
|
|
Paid-Up Capital |
1,150,000.00 |
1,150,000.00 |
- |
|
Reserve & Surplus |
65,787.00 |
52,315.00 |
25.75% |
|
Plant and Property |
1,593,017.00 |
1,623,117.00 |
-1.85% |
|
Capital Work in Progress |
- |
- |
- |
|
Borrowings |
462,716.00 |
588,003.00 |
-21.31% |
|
Revenue from Operations |
226,351.00 |
235,221.00 |
-3.77% |
|
Administrative Expenses |
17,092.00 |
15,979.00 |
6.97% |
|
Financial Expenses |
36,977.00 |
51,791.00 |
-28.60% |
|
Net Profit |
52,765.00 |
40,402.00 |
30.60% |
|
Earnings per share (Rs.) |
6.12 |
4.68 |
- |
|
Net worth per share (Rs.) |
105.72 |
104.55 |
1.12% |
|
P/E Ratio (times) |
30.40 |
- |
- |
|
Current Ratio (times) |
2.57 |
- |
- |
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