First quarter report of Ridi Hydropower, Api Hydropower and Union Hydropower for 2076/77; Find performance in major indicators
Mon, Nov 18, 2019 12:03 PM on Financial Analysis, Latest, Stock Market,
Ridi Hydropower Development Company Limited (RHPC) has stated a fall in net profit by 6.5% in the first quarter (Q1) of the FY 2076/77.
According to the unaudited financial report published today, its net profit after income tax has fallen down to Rs 3.98 crore in the Q1 of FY 2076/77 from Rs 4.26 crore in the corresponding quarter of the previous fiscal year.
RHPC made the regular income of Rs 1.51 crore from the sale of electricity by the end of the first quarter, which was Rs 1.53 crore in the corresponding quarter. It has also made Rs 9,759 from other sources in the Q1 of FY 2076/77.
Its paid-up capital stands at Rs 53.11 crore with the reserve of Rs 3.98 crore.
Its annualized EPS stands at Rs 29.97 and net worth per share is at Rs 105.50. Similarly, the P/E ratio stands at 158.79 times.
Api Power Limited (API) has earned Rs 3.59 crore in net profit by the first quarter of the fiscal year 2076/77.
As per the unaudited financial report, the hydropower company has earned Rs 6.38 crore by selling electricity alone and Rs 2.09 lakh from other sources.
The paid-up capital of the company stands at Rs.1.19 Arba while the reserves stand at Rs.11.68 Crore. The long term borrowings of the company increased to Rs.1.71 Arba by the end of the first quarter.
Api Power has reported annualized EPS of Rs 12.08 and net worth per share of Rs 109.82. The P/E ratio was reported at 9.36 times.
The company currently operates 8.5 MW Naugad Ghat project and is soon linking 8 more MW of power to the national grid. It is also undertaking the construction of 40 MW Upper Chameliya project.
Union Hydropower Limited (UNHPL) has earned Rs 70.60 lakh in net profit by first quarter of the fiscal year 2076/77.
As per the unaudited financial report, the hydropower company has earned Rs 2.47 crore by selling electricity alone and Rs 4,226 from other sources.
The paid up capital of the company stands at Rs.75 crore while the reserves stands at nagative of Rs. 8.79 Crore. The long term borrowings of the company decreased to Rs. 19.10 crore by the end of the first quarter.
UNHPL Power has reported annualized EPS of Rs 3.77 and net worth per share of Rs 88.28. The P/E ratio was reported at 15.4 times.
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