HIDCL earns Rs 83.66 crore till Q3; has Rs 14.15 arba in term deposits and company to issue 100% right shares soon
Sun, May 12, 2019 5:10 AM on Financial Analysis, Latest, Stock Market,
Hydroelectricity Development and Investment Company Limited (HIDCL) has published the unaudited quarterly report for the third quarter of FY 75/76. The net profit of the company increased by 34% to Rs 83.66 crore from last year’s Rs 62.55 crore.
The company’s paid up capital stands at Rs 11 arba with reserve and surplus of Rs 1.11 arba. The company has Rs 5 arba as call in advance for upcoming 100% right shares issue.
HIDCL to propose 10% bonus shares and 100% right shares at 7th AGM, to be held on 30th Poush
The company has equity investments worth Rs. 34.90 crore till Q3 and have issued loan to power projects worth Rs 1.96 arba till Q3.
HIDCL has Rs 14.15 arba in term deposits with different banks.
The annualized EPS of the company on the corresponding quarter of the previous year was at Rs. 8.34, which grew by 22% to Rs 10.14 by the end of the third quarter.
The P/E ratio of the company fell by 6% to stand at 13.71 times.
Major Highlights:
|
Particulars (In 000) |
Q3 75/76 |
Q3 74/75 |
Difference |
|---|---|---|---|
|
Paid Up Capital |
11,000,000.00 |
10,000,000.00 |
10% |
|
Call in advance (Right issue) |
5,000,000.00 |
|
|
|
Reserve & Surplus |
1,118,016.55 |
1,115,548.17 |
0.22% |
|
Investment in Equity |
349,050.00 |
212,250.00 |
64% |
|
Loan to Power Projects |
1,961,708.95 |
1,261,056.05 |
56% |
|
Term Deposits with Banks |
14,150,000.00 |
9,230,000.00 |
53% |
|
Net Profit |
836,644.36 |
625,555.01 |
34% |
|
EPS (In Rs.) |
10.14 |
8.34 |
22% |
|
P/E Ratio (In Times) |
13.71 |
14.54 |
-6% |
