Despite decline in revenue Radhi Bidhyut reports slight increment in net profit; EPS at Rs. 17.63, BVPS at Rs. 151.84
Mon, May 10, 2021 9:53 AM on Latest, Financial Analysis,
Radhi Bidhyut Company Limited (RADHI) has published the unaudited third-quarter report for FY 2077/2078. As per the report, the net profit of the company increased by 9.01%; stood at Rs. 6.26 crore from Rs. 5.74 crore in the corresponding quarter of the previous year.
The company’s paid-up capital remains at Rs. 47.35 Crores. Similarly, the company’s reserve fund increased by 46.71% reaching 24.55 crores in Q3 of the fiscal year 2077/2078.
The company’s Borrowings decreased by 13.94% and stood at Rs. 25.39 crores till Q3, 2077/2078.
The revenue from the sale of electricity has slightly decreased by 5.65%. The revenue stood at Rs. 11.47 crores in the third quarter of FY 2077/2078.
The company sits at a fair liquidity position with a current ratio of 2.49 times. The acceptable ratio is 1.5 times.
The company’s EPS stands at Rs. 17.63 and Net worth per share at Rs. 151.84. The Qtr End P/E ratio of the company stands at 27.90 times for the end of the third quarter.
Major Highlights:
|
Particulars |
Radhi Bidhyut Company Limited |
||
|---|---|---|---|
|
Q3, 2077/2078 |
Q3, 2076/2077 |
Difference |
|
|
Paid-Up Capital |
473,556.50 |
473,556.50 |
0.00% |
|
Reserve & Surplus |
245,560.33 |
167,376.32 |
46.71% |
|
Plant, Property, and Equipment |
484,891.70 |
504,380.24 |
-3.86% |
|
Investment in Subsidiary |
362,853.81 |
361,495.94 |
0.38% |
|
Borrowings |
253,923.97 |
295,061.11 |
-13.94% |
|
Total Income |
114,732.66 |
121,601.43 |
-5.65% |
|
Administrative Expenses |
10,333.05 |
11,363.76 |
-9.07% |
|
Financial Expenses |
18,525.00 |
27,000.53 |
-31.39% |
|
Net Profit |
62,624.53 |
57,446.23 |
9.01% |
|
Earnings per share (Rs.) |
17.63 |
16.17 |
9.01% |
|
Net worth per share (Rs.) |
151.85 |
135.34 |
12.20% |
|
P/E Ratio (times) |
27.90 |
- |
- |
|
Current Ratio (times) |
2.49 |
- |
- |
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